Press release
High Temperature Industrial Heat Pumps Market Size, Forecasts Analysis, Industry Growth, Company Profiles, Global 2021 Industry Share and Key Regions 2027 | Emerson Electric,Johnson Controls,Oilon,ARANER,Vicking Heating Engines,Ochsner Energie Technik
The “High Temperature Industrial Heat Pumps Market” provides analysis and insights relating to the many factors expected to be rife throughout the forecast amount whereas providing their impacts on the Market’s growth. The increase within the aviation sector is escalating the expansion of the market. On the other hand, the high value associated with the services is foreseen to hinder the market growth. Lack of practised professionals and specialists is projected to challenge the High Temperature Industrial Heat Pumps Market within the forecast amount of 2021-2027.The High Temperature Industrial Heat Pumps Market length is anticipated to develop at a CAGR of 11.98% for 2021-2027.
The rise in customer-centricity within the aviation trade acts collectively of the key factors driving the expansion of the market. The study includes information on rising players, as well as the competitive landscape, revenue, revenue and world market share of the key manufacturers: Emerson Electric,Johnson Controls,Oilon,ARANER,Vicking Heating Engines,Ochsner Energie Technik,Hybrid Energy,Mayekawa,Friotherm,Star Refrigeration,GEA Refrigeration,Frigel,Swegon Group,Glen Dimplex,Viessmann,NKXTA,Mitsubishi Electric
Recent Development:
Emerson has acquired 65 companies, including 22 in the last 5 years. A total of 14 acquisitions came from private equity firms. It has also divested 23 assets. Emerson’s largest acquisition to date was in 2016 when it acquired Pentair - Valves & Controls Business for $3.2B. Its largest disclosed sale occurred in 2016 when it sold Vertiv to Platinum Equity for $4.0B. Emerson has acquired in 23 different US states, and 14 countries. The Company’s most targeted sectors include software (17%) and electrical equipment (15%).
Johnson Controls has made Silent-Aire (Apr 2021), Termo Aire (Jul 2020), East Lancashire Refrigeration (Jun 2020) acquisitions and 6 investments. The company has spent over $ 19.78B on the acquisitions. Johnson Controls has invested in multiple sectors such as Security & Surveillance Technology, Smart Homes, Energy Efficiency Tech and more.
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Market Overview:
The industrial heat pump market witnessed moderate growth during the period as a result of the rising efforts by the industrial sector to reduce the costs of energy and environmental effects due to the emission of large amounts of carbon from industrial processes. Installation of heat pumps in the industrial sector has emerged as a viable option to save energy and reduce carbon footprint. Further, the continued government support in the form of initiatives and policies such as the "Make in India" initiative gave a boost to the manufacturing sector in the country, which in turn, bolstered the demand for industrial heat pumps in India during the recent past.
on the concept of varieties, the market from 2021 to 2027 is primarily split into:
Output Temperatures 70C - 90C
Output Temperatures 90C - 120C
Output Temperatures > 120C
on the idea of applications, the market from 2021 to 2027 covers:
Paper & Plup
Food Industry
Chemical
Machinery Manufacturing
Oil Refining Industry
Metal Industry
Other
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Regional High Temperature Industrial Heat Pumps Market (Regional Output, Demand & Forecast by Countries)
North America (United States, Canada, Mexico)
South America (Brazil, Argentina, Ecuador, Chile)
Asia Pacific (China, Japan, India, Korea)
Europe (Germany, UK, France, Italy)
Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) And additional.
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Key edges for High Temperature Industrial Heat Pumps Market:
This study contains an Associate in Nursing analytical depiction of the High Temperature Industrial Heat Pumps market trends with current trends and future estimations to depict the approaching investment pockets.
the worldwide market research report presents info related to key drivers, restraints, and opportunities with elaborate impact analysis.
Porter’s 5 forces analysis illustrates the efficiency of the patrons and suppliers within the High Temperature Industrial Heat Pumps market share.
The study conjointly contains the High Temperature Industrial Heat Pumps market chance that helps key players in deciding.
The leading players within the trade predict a high revenue margin from High Temperature Industrial Heat Pumps market returns.
FREQUENTLY ASKED QUESTIONS-FAQ?
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Effect of COVID-19:
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