Press release
Global Solar-assisted Heat Pump Market is Expected to Represent Highest Incremental Opportunity Revenue of USD 8732.9 Million By 2030 | IGR
To Know More Request a Sample of this Report: https://www.infiniumglobalresearch.com/market-reports/sample-request/1017
Robust Growth Projections and Solar-Assisted Heat Pump Overview
The global solar-assisted heat pump market, valued at USD 4,523.04 million in 2022, is poised for substantial growth, reaching an estimated USD 8,732.9 million by 2030. This growth reflects a commendable Compound Annual Growth Rate (CAGR) of 7.53% during the forecast period of 2023-2030.
A solar-assisted heat pump system combines solar thermal energy with a heat pump to provide space heating and domestic hot water. This hybrid approach incorporates solar collectors, heat exchangers, heat pumps, and storage tanks to efficiently fulfill heating requirements. The solar collectors absorb solar energy, transferring it to a heat exchanger, which then conveys the heat to the heat pump. The heat pump compresses the heat, increases its temperature, and transfers it to a storage tank for use in space heating.
Driving Forces and Challenges: Meeting Energy Needs Sustainably
Rising investments in renewable energy projects and the imperative to reduce greenhouse gas emissions drive the adoption of solar-assisted heat pump systems. The market's growth is further fueled by the increasing demand for cost-effective and energy-efficient heating solutions. Despite their initial cost, solar-assisted heat pumps exhibit exceptional efficiency, contributing to reduced energy consumption and operational expenses over time. Technological advancements in the sector present growth opportunities for the market.
Regional Dominance and Market Segmentation
Asia Pacific is expected to lead the solar-assisted heat pump market during the projected period. Government emphasis on renewable energy adoption, rapid economic growth, and urbanization drive the region's demand for sustainable heating and cooling solutions. Solar-assisted heat pumps, utilizing solar energy, align with these objectives and offer an energy-efficient alternative for consumers seeking to meet their energy needs while minimizing costs and environmental impact.
The report covers key market segments, including type (air source, ground source, water source, and hybrid source) and end use (residential and commercial).
Leading Industry Players
The report profiles key companies in the solar-assisted heat pump market, including SAHP LIMITED, ECO-$MART, Inc., Panasonic Corporation, Solarthermalworld, FRECON Electric (Shenzhen) Co.,Ltd., Nuetech Solar Systems Pvt. Ltd, Mitsubishi Electric Corporation, Bosch Thermotechnik GmbH, STIEBEL ELTRON GmbH & Co. KG, and others.
Enquire Here Get Customization & Check the Discount for the Report @ https://www.infiniumglobalresearch.com/market-reports/customization/1017
Table of Content
Chapter 1. Preface
1.1. Report Description
1.2. Research Methods
1.3. Research Approaches
Chapter 2. Executive Summary
2.1. Solar-assisted Heat Pump Market Highlights
2.2. Solar-assisted Heat Pump Market Projection
2.3. Solar-assisted Heat Pump Market Regional Highlights
Chapter 3. Global Solar-assisted Heat Pump Market Overview
3.1. Introduction
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities
3.3. Porter`s Five Forces Analysis
3.4. IGR-Growth Matrix Analysis
3.4.1. IGR-Growth Matrix Analysis by Type
3.4.2. IGR-Growth Matrix Analysis by End Use
3.4.3. IGR-Growth Matrix Analysis by Region
3.5. Value Chain Analysis of Solar-assisted Heat Pump Market
Chapter 4. Solar-assisted Heat Pump Market Macro Indicator Analysis
Chapter 5. Company Profiles and Competitive Landscape
5.1. Competitive Landscape in the Global Solar-assisted Heat Pump Market
5.2. Companies Profiles
5.2.1. SAHP LIMITED
5.2.2. ECO-$MART, Inc.
5.2.3. Panasonic Corporation
5.2.4. Solarthermalworld
5.2.5. FRECON Electric (Shenzhen) Co.,Ltd.
5.2.6. Nuetech Solar Systems Pvt. Ltd
5.2.7. Mitsubishi Electric Corporation
5.2.8. Bosch Thermotechnik GmbH
5.2.9. STIEBEL ELTRON GmbH & Co. KG
5.2.10. Others
Chapter 6. Global Solar-assisted Heat Pump Market by Type
6.1. Air Source
6.2. Ground Source
6.3. Water Source
6.4. Hybrid Source
Chapter 7. Global Solar-assisted Heat Pump Market by End Use
7.1. Residential
7.2. Commercial
Chapter 8. Global Solar-assisted Heat Pump Market by Region 2023-2030
8.1. North America
8.1.1. North America Solar-assisted Heat Pump Market by Type
8.1.2. North America Solar-assisted Heat Pump Market by End Use
8.1.3. North America Solar-assisted Heat Pump Market by Country
8.1.3.1. The U.S. Solar-assisted Heat Pump Market
8.1.3.1.1. The U.S. Solar-assisted Heat Pump Market by Type
8.1.3.1.2. The U.S. Solar-assisted Heat Pump Market by End Use
8.1.3.2. Canada Solar-assisted Heat Pump Market
8.1.3.2.1. Canada Solar-assisted Heat Pump Market by Type
8.1.3.2.2. Canada Solar-assisted Heat Pump Market by End Use
8.1.3.3. Mexico Solar-assisted Heat Pump Market
8.1.3.3.1. Mexico Solar-assisted Heat Pump Market by Type
8.1.3.3.2. Mexico Solar-assisted Heat Pump Market by End Use
8.2. Europe
8.2.1. Europe Solar-assisted Heat Pump Market by Type
8.2.2. Europe Solar-assisted Heat Pump Market by End Use
8.2.3. Europe Solar-assisted Heat Pump Market by Country
8.2.3.1. Germany Solar-assisted Heat Pump Market
8.2.3.1.1. Germany Solar-assisted Heat Pump Market by Type
8.2.3.1.2. Germany Solar-assisted Heat Pump Market by End Use
8.2.3.2. United Kingdom Solar-assisted Heat Pump Market
8.2.3.2.1. United Kingdom Solar-assisted Heat Pump Market by Type
8.2.3.2.2. United Kingdom Solar-assisted Heat Pump Market by End Use
8.2.3.3. France Solar-assisted Heat Pump Market
8.2.3.3.1. France Solar-assisted Heat Pump Market by Type
8.2.3.3.2. France Solar-assisted Heat Pump Market by End Use
8.2.3.4. Italy Solar-assisted Heat Pump Market
8.2.3.4.1. Italy Solar-assisted Heat Pump Market by Type
8.2.3.4.2. Italy Solar-assisted Heat Pump Market by End Use
8.2.3.5. Rest of Europe Solar-assisted Heat Pump Market
8.2.3.5.1. Rest of Europe Solar-assisted Heat Pump Market by Type
8.2.3.5.2. Rest of Europe Solar-assisted Heat Pump Market by End Use
8.3. Asia Pacific
8.3.1. Asia Pacific Solar-assisted Heat Pump Market by Type
8.3.2. Asia Pacific Solar-assisted Heat Pump Market by End Use
8.3.3. Asia Pacific Solar-assisted Heat Pump Market by Country
8.3.3.1. China Solar-assisted Heat Pump Market
8.3.3.1.1. China Solar-assisted Heat Pump Market by Type
8.3.3.1.2. China Solar-assisted Heat Pump Market by End Use
8.3.3.2. Japan Solar-assisted Heat Pump Market
8.3.3.2.1. Japan Solar-assisted Heat Pump Market by Type
8.3.3.2.2. Japan Solar-assisted Heat Pump Market by End Use
8.3.3.3. India Solar-assisted Heat Pump Market
8.3.3.3.1. India Solar-assisted Heat Pump Market by Type
8.3.3.3.2. India Solar-assisted Heat Pump Market by End Use
8.3.3.4. South Korea Solar-assisted Heat Pump Market
8.3.3.4.1. South Korea Solar-assisted Heat Pump Market by Type
8.3.3.4.2. South Korea Solar-assisted Heat Pump Market by End Use
8.3.3.5. Australia Solar-assisted Heat Pump Market
8.3.3.5.1. Australia Solar-assisted Heat Pump Market by Type
8.3.3.5.2. Australia Solar-assisted Heat Pump Market by End Use
8.3.3.6. Rest of Asia-Pacific Solar-assisted Heat Pump Market
8.3.3.6.1. Rest of Asia-Pacific Solar-assisted Heat Pump Market by Type
8.3.3.6.2. Rest of Asia-Pacific Solar-assisted Heat Pump Market by End Use
8.4. RoW
8.4.1. RoW Solar-assisted Heat Pump Market by Type
8.4.2. RoW Solar-assisted Heat Pump Market by End Use
8.4.3. RoW Solar-assisted Heat Pump Market by Sub-region
8.4.3.1. Latin America Solar-assisted Heat Pump Market
8.4.3.1.1. Latin America Solar-assisted Heat Pump Market by Type
8.4.3.1.2. Latin America Solar-assisted Heat Pump Market by End Use
8.4.3.2. Middle East Solar-assisted Heat Pump Market
8.4.3.2.1. Middle East Solar-assisted Heat Pump Market by Type
8.4.3.2.2. Middle East Solar-assisted Heat Pump Market by End Use
8.4.3.3. Africa Solar-assisted Heat Pump Market
8.4.3.3.1. Africa Solar-assisted Heat Pump Market by Type
8.4.3.3.2. Africa Solar-assisted Heat Pump Market by End Use
More Insights on this report, Speak to Our Analyst: https://www.infiniumglobalresearch.com/market-reports/enquiry/1017
Reasons to Buy this Report:
=> Comprehensive analysis of global as well as regional markets of solar-assisted heat pump.
=> Complete coverage of all the product types and application segments to analyze the trends, developments, and forecast of market size up to 2030.
=> Comprehensive analysis of the companies operating in this market. The company profile includes an analysis of the product portfolio, revenue, SWOT analysis, and the latest developments of the company.
=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus on to invest, consolidate, expand, and/or diversify.
2nd Floor, Ganadish Empire, Rahatani Chowk, Pimple Saudagar, Pimpri-Chinchwad, Maharashtra 411027
About Infinium Global Research:
Infinium Global Research is a business consulting and market research firm; a group of experts that caters to fulfilling business and market research needs of leading companies in various industry verticals and business segments. The company also serves government bodies, institutes, and non-profit/non-government organizations to meet their knowledge and information needs.
Through our information services and solutions, we assist our clients to improve their performance and assess the market conditions to achieve their organizational goals. Our team of experts and analysts are engaged in continuously monitoring and assessing the market conditions to provide knowledge support to our clients. To help our clients and to stay updated with the advances and inventions in technology, business processes, regulations, and the environment, Infinium often conducts regular meets with industry experts and opinion leaders. Our key opinion leaders are involved in monitoring and assessing the progress in the business environment, so as to offer the best opinion to our clients.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Solar-assisted Heat Pump Market is Expected to Represent Highest Incremental Opportunity Revenue of USD 8732.9 Million By 2030 | IGR here
News-ID: 3283949 • Views: …
More Releases from Infinium Global Research LLP
Conveyor belt market outlook shows stable 4.17% CAGR over 2023-2030 forecast
Conveyor belts have become essential in industries ranging from manufacturing to food processing, playing a key role in automating material handling and improving operational efficiency. As the global economy continues to embrace automation, the conveyor belt market is experiencing significant growth. With a projected compound annual growth rate (CAGR) of 4.17% from 2023 to 2030, the market's value is expected to reach USD 5.74 billion by 2030, up from USD…
Industrial automation market growth at 8.87% CAGR to drive USD 402 Bn by 2032
The global industrial automation and equipment market is undergoing a transformative phase. As industries across various sectors face increasing pressure to enhance operational efficiency, productivity, and safety, automation is emerging as a vital solution. Industrial automation integrates advanced technologies like robotics, artificial intelligence (AI), and the Internet of Things (IoT) to reduce human intervention and streamline manufacturing processes. The equipment used in these automated operations plays an essential role in…
Precision manufacturing tools market to reach USD 57 Bn by 2032, CAGR of 4% fore …
The global precision manufacturing tools market is witnessing significant growth, driven by increasing demand for high-quality and complex tools across multiple industries. These specialized tools, designed to achieve exceptional accuracy, are indispensable in manufacturing processes that require stringent tolerances and quality standards. As industries like aerospace, automotive, electronics, and medical devices expand, so too does the need for cutting-edge precision manufacturing tools that can deliver reliability, consistency, and efficiency.
In 2023,…
Heavy duty industrial tools market projected to reach USD 63 Bn by 2032 from USD …
The global market for heavy-duty industrial tools is experiencing steady growth, driven by technological advancements, industrial expansion, and rising demand across key sectors. As of 2023, the market size has surpassed USD 50 billion and is projected to expand at a compound annual growth rate (CAGR) of 2.62%, reaching USD 63 billion by 2032. The heavy-duty industrial tools market encompasses a wide range of tools designed to withstand tough conditions…
More Releases for Solar
Biohybrid Solar Cell Market Professional Survey Report 2022 - Jinko Solar, JA SO …
The Biohybrid Solar Cell Market Report 2022 provides a comprehensive analysis of observable trends and projections. This research shows how to attract a large number of customers. Our certified crew of economists, researchers, and advisers has made further attempts in projecting the global industry by utilising accredited global Biohybrid Solar Cell market information tools as well as various instruments and ways to successfully review and get information. The research argues…
Home Solar Power System Market Size, Share, Trends, Growth - Tesla, Panasonic So …
The Global Home Solar Power System Market study includes new innovations, market dynamics, strategic profiling in terms of the future market strategies and shares for the subsectors of the industry. This research consists of details related to the size of the industries, the major players, markets, sales volume and value. This study offers a detail data on the historical data pointers as well as forecasts by region/country for the sectors…
Solar PV Module Market Outlook To 2024 - Trina Solar, Canadian Solar Inc., JA So …
Solar PV module market from utility sector has witnessed a substantial growth globally in recent years. In the first quarter of the year, Vietnam's Ministry of Industry and Trade have talked about their FiT scheme related to utility-based solar power projects. Ongoing electrification programs and incentives benefit pertaining to grid connected power generation is surging the demand for on-grid solar PV modules. On-grid connection represented 55% of the overall solar…
Solar Simulator Market Distribution Channel 2019: Spire Solar, Solar Energy Inte …
Solar Simulator Market report aims to examine the developments of market including its market improvements, developments, positions and others.
This report on the Solar Simulator market offers explanatory knowledge on the market parts like dominating players, drivers and restraints, production, revenue, consumption, import and export, and the most effective development within the organization size, deployment type, inside, segmentation comprised throughout this analysis, also major the players have used various strategies such…
Solar PV Module Market By Key Vendors: Trina Solar, Canadian Solar Inc., JA Sola …
UK solar PV module market is set to expand owing to government initiatives towards sustainable energy integration. The export tariff introduced by the UK government facilitates USD 0.06 per unit for the surplus electricity injected back to the grid by the generator. Favorable government reforms with ambitious plan towards carbon footprint reduction will further boost the business outlook.
Request for a sample of this research report @
https://www.gminsights.com/request-sample/detail/1563
Solar PV Module Market size…
Global Solar Thermal Market 2016 Abengoa Solar, SUPCON Solar, Solar Euromed
Global Solar Thermal Market Research Report
The MRS Research Group Solar Thermal report by QY Research represents an inclusive evaluation of the Solar Thermal Market and comprises considerable insights, historical data, facts,and statistical and industry-validated data of the global market.Additionally,it consists of estimated data that is evaluated with the help of suitable set of methodologies and assumptions.The MRS Research Group report research highlights informative data and in-depth analysis of Solar Thermal…
