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Thermally Driven Heat Pump Market: Industry Insights by Product Type, Technology, Geography and Growth Factors Forecast to 2023
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Thermally driven heat pump is a combination of solar thermal collector and compression heat pump. Such systems require thermal energy to drive the cycle and electricity, only for secondary components like pumps, to flow the working fluid. Thermally driven heat pumps recover thermal energy and supply it to processes after raising the quality of the recovered heat.
Key technologies used in thermally driven heat pumps are absorption and adsorption. On the basis of these techniques, they are categorized into absorption pumps, which use high-temperature heat; and adsorption pumps, which integrate low-temperature energy and convert it to a higher temperature.
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High cost of set-up and faulty installations are slowing down the growth of thermally driven heat pumps market. Companies operating in this market are looking forward to thoroughly understand external conditions and focus on efficiency enhancement of such pumps. This factor has been creating operational deterrents, thus posing threat to the growth of the global market.
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Some of the key players operating in the global market include Tranter Solarice, Pink Heating Limited, AGO AG Energie + Anlagen, Robur S.p.A, SaltX Technology Holding AB, Carrier Klimatechnik GmbH Jiangsu Huineng, and New Energy Technology Co. Ltd.
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