Modular Heat Pump Market Share 2021 Overview, Top Key Players, Demand, Industry Size, Growth Factor, Trends and Forecast to 2026 - Mitsubishi Electric, Johnson Controls, Mammoth, CLIMAVENETA

During the projected period of 2021-2026, the "Modular Heat Pump Market" research describes in-depth the demand and consumption of numerous products/services connected to market growth dynamics. In terms of quantity, a complete market assessment of the numerous opportunities in the market segment is made. The Modular Heat Pump market is covered several areas, including constraints, problems, and opportunities, as well as geographical considerations. Customers will benefit from this study because it provides historical and statistically significant data, making it both helpful and instructional.

In accordance with the Modular Heat Pump market is set to grow at a CAGR of 12% over the forecast period (2021-2026).

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Top Key players operating in the global Modular Heat Pump market is:

Motivair, Klima-Therm, Multistack, Trane, Ecosmart International, HIVER Aircon, TICA, H.Stars Group, Lochinvar, Mitsubishi Electric, Johnson Controls, Mammoth, CLIMAVENETA

Recent Development:

Mitsubishi Electric has acquired 8 companies, including 5 in the last 5 years. A total of 2 acquisitions came from private equity firms. Mitsubishi Electric has acquired in 1 US state, and 8 countries. The Company’s most targeted sectors include electrical equipment (25%) and software (25%). Mitsubishi Electric Corp. engages in the manufacture and sales of electrical and electronic products and systems used in a broad range of fields and applications. Mitsubishi Electric was founded in 1921 and is based in Tokyo, Japan.
Johnson Controls has acquired 25 companies, including 5 in the last 5 years. A total of 4 acquisitions came from private equity firms. It has also divested 15 assets. Johnson Controls’ largest acquisition to date was in 2005 when it acquired York International for $3.2B. Its largest disclosed sale occurred in 2018 when it sold Johnson Controls - Power Solutions Business to Brookfield Private Equity for $13.2B. Johnson Controls has acquired in 9 different US states, and 8 countries. The Company’s most targeted sectors include engineering (18%) and automotive (18%). Johnson Controls is a diversified technology and industrial company. The Company creates products, services and solutions to optimize energy and operational efficiencies of buildings; lead-acid automotive batteries and advanced batteries for hybrid and electric vehicles; and seating and interior systems for automobiles. Johnson Controls International was founded in 1885 and is based in Cork, Ireland.

Major Modular Heat Pump Market Types covered are:

Air Cooled
Water Cooled

Major Modular Heat Pump Market Applications covered are:

Commercial Buildings
    HVAC
    Other

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The United States is Expected to Dominate Market Share
The deployment of heat pumps has grown steadily in the North American region, specifically in the United States, due to various reasons, such as climatic conditions, the convenience to offer the equipment, government tax credit benefits, and regulations.
Furthermore, the heat pumps have been regulated by the governments in the region for their energy efficiency. For instance, the Department of Energy (DOE) announced Fan Energy Rating (FER) that sets a minimum airflow efficiency standard for residential furnace fans. As of 3rd July 2019, vendors can no longer manufacture furnaces unless they meet the minimum efficiencies.
With the new FER standards, the US DOE predicts that the new standard for furnace fans might save about 3.99 quads of energy, reduce carbon pollution by 34 million metric tons, and save the American citizens more than USD 9 billion electric bills through 2030. According to new state law, the city of Maine seeks installers to help meet the goal of 100,000 heat pumps over the next five years. Furthermore, the New Ambler heat pump project aims to reduce diesel costs in the villages drastically.

Regional Analysis of Global Modular Heat Pump market:

The Modular Heat Pump Market research gives an in-depth analysis of market growth and other factors in key nations (regions), including:

North America (the United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of the Middle East & Africa)

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Table of Contents: Modular Heat Pump Market

- Chapter 1: outline of Modular Heat Pump marketplace

- Chapter 2: worldwide market reputation and forecast through areas

- Chapter 3: worldwide marketplace popularity and forecast by using types

- Chapter 4: worldwide marketplace repute and forecast by using Downstream enterprise

- Chapter 5: marketplace riding issue evaluation

- Chapter 6: market opposition reputation by major producers

- Chapter 7: essential producers Presentation and market data

- Chapter 8: Upstream and Downstream marketplace investigation

- Chapter 9: Fetched and net part investigation

- Chapter 10: advertising reputation research

- Chapter 11: marketplace file end

- Chapter 12: research technique and Reference

Impact of COVID-19 on the Modular Heat Pump Market:

The upward push of COVID-19 has moderated showcase improvement; anyhow, the market is constantly selecting up-tempo due to growing lockdowns. The sudden increment in CAGR is thanks to the request and extension of this marketplace, which is functionality to return to pre-pandemic ranges once the large, is gone.

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