Global Heat Pump Market 2016-2020

  • ID: 3883951
  • Report
  • Region: Global
  • 75 pages
  • TechNavio
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FEATURED COMPANIES

  • Airwell
  • Berliner Luft Technik
  • Bryant Heating & Cooling
  • Carrier
  • CIAT
  • Corona
  • MORE
About Heat Pumps

Heat pumps extract energy from the environment and convert it into usable energy at a higher temperature for space and water heating. They usually collect energy from the following three sources:
- Ground
- Air
- Water

The analysts forecast the global heat pump market to grow at a CAGR of 10.25% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global heat pump market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of heat pumps in various end-user segments and the average price of various types of heat pumps.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

The report, Global Heat Pump Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Carrier
- Daikin
- Danfoss
- Mitsubishi Electric
- NIBE

Other prominent vendors
- Airwell
- BDR Thermea
- Berliner Luft Technik
- Bosch Thermotechnology
- Bryant Heating & Cooling
- Calorex Heat Pumps
- China Yangzi
- CIAT
- Climaveneta
- Corona
- DeLclima
- Denso
- Emerson Climate Technologies
- Enertech
- Fujitsu General
- Geothermal International
- Glen Dimplex
- Goodman Global
- Gree Electric
- Haier
- Hitachi Appliances
- Ingersoll-Rand
- Johnson Controls
- Kermi
- Lennox
- LG Electronics
- LSB Industries
- Mayekawa Manufacturing
- Midea
- Nortek Global HVAC
- Panasonic
- Payne
- Rheem
- Riello
- Samsung Electronics
- Sanden
- SIRAC
- Stiebel Eltron
- Swegon
- Toshiba
- Systemair
- Vaillant
- Viessmann
- WaterFurnace International
- Waterkotte
- York

Market drivers
- Growing demand for geothermal heat pumps
- For a full, detailed list, view the full report

Market challenges
- Competition from refurbished pumps
- For a full, detailed list, view the full report

Market trends
- Emergence of BEMS
- For a full, detailed list, view the full report

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Airwell
  • Berliner Luft Technik
  • Bryant Heating & Cooling
  • Carrier
  • CIAT
  • Corona
  • MORE
PART 01: Executive summary
  • Highlights
PART 02: Scope of the report
  • Market overview
  • Segmentation by geography
  • Vendor analysis
  • Top-vendor offerings
PART 03: Market research methodology
  • Research methodology
  • Economic indicators
PART 04: Introduction
  • Key market highlights
PART 05: Market landscape
  • Market overview
  • Five forces analysis
PART 06: Market drivers
  • Growing demand for geothermal heat pumps
  • Rising global energy consumption coupled with recovery in housing sector
  • Advanced features and innovations that enhance performance
  • Operational benefits over conventional systems
PART 07: Impact of drivers

PART 08: Market challenges
  • High upfront cost
  • Competition from refurbished pumps
  • Adverse impact on grid systems
PART 09: Impact of drivers and challenges

PART 10: Market trends
  • Emergence of BEMS
  • Federal tax credits for retrofitting
  • De-super heaters for heat recovery
PART 11: Market segmentation by product
  • Global heat pump market by product type
  • Global air-to-water heat pump market
  • Global ground/water-to-water heat pump market
  • Global exhaust air heat pump market
PART 12: Geographical segmentation
  • Global heat pump market by geography
  • Heat pump market in EMEA
  • Heat pump market in Americas
  • Heat pump market in APAC
PART 13: Key leading countries

PART 14: Vendor landscape
  • Competitive scenario
  • Other prominent vendors
PART 15: Key vendor analysis
  • Carrier Corporation
  • Daikin
  • Danfoss
  • Mitsubishi Electric
  • NIBE
PART 16: Appendix
  • List of abbreviations
PART 17: About the Author

List of Exhibits
Exhibit 01: Market estimation methodology
Exhibit 02: Global heat pump market segmentation by product type
Exhibit 03: Key countries in each region
Exhibit 04: Key vendor product offerings
Exhibit 05: The working of a heat pump
Exhibit 06: Environmental impacts of heat pumps
Exhibit 07: Push and pull factors for global heat pump market
Exhibit 08: Segmentation of global heat pump market
Exhibit 09: Renewable technology development
Exhibit 10: Global GDP ($ trillions) and global electricity consumption 1990-2014 (TWh)
Exhibit 11: Global heat pump market 2015-2020 ($ billions)
Exhibit 12: Five forces analysis
Exhibit 13: Average construction spending by countries in APAC 2015
Exhibit 14: US residential construction, 2015
Exhibit 15: Sector-wise growth in European construction industry 2013-2020 (%)
Exhibit 16: Benefits of heat pumps
Exhibit 17: Impact of drivers
Exhibit 18: Impact of drivers and challenges
Exhibit 19: BEMS market forecast 2015-2020 ($ billions)
Exhibit 20: Energy Star rating requirements for geothermal heat pumps
Exhibit 21: Share of each heat pump type 2015-2020
Exhibit 22: Global air-to-water heat pump market 2015-2020 ($ billions)
Exhibit 23: Shares of different types of air-to-water heat pumps 2015 and 2020 (%)
Exhibit 24: Global ground/water-to-water heat pump market 2015-2020 ($ billions)
Exhibit 25: Exhaust air heat pump market 2015-2020 ($ billions)
Exhibit 26: Market share of key geographies
Exhibit 27: Heat pump market in EMEA 2015-2020 ($ billions)
Exhibit 28: GDP of leading countries in Europe 2012-2015
Exhibit 29: Heat pump market in Americas 2015-2020 ($ billions)
Exhibit 30: Heat pump market in APAC 2015-2020 ($ billions)
Exhibit 31: Top 5 leading countries for heat pumps, 2015-2020
Exhibit 32: Key vendors in heat pump market
Exhibit 33: Other prominent vendors
Exhibit 34: Carrier Corporation: Business segmentation
Exhibit 35: Carrier Corporation: Heat pumps product portfolio
Exhibit 36: Daikin business segmentation 2015
Exhibit 37: Daikin: Product portfolio
Exhibit 38: Danfoss: Product portfolio
Exhibit 39: Mitsubishi Electric business segmentation
Exhibit 40: Mitsubishi: Heat pumps product portfolio
Exhibit 41: NIBE: Product portfolio
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Airwell
  • Berliner Luft Technik
  • Bryant Heating & Cooling
  • Carrier
  • CIAT
  • Corona
  • MORE
New Report Released: – Global Heat Pump Market 2016-2020

The author of the report recognizes the following companies as the key players in the global heat pump market: Carrier, Daikin, Danfoss, Mitsubishi Electric, and NIBE.

Other Prominent Vendors in the market are: Airwell, BDR Thermea, Berliner Luft Technik, Bosch Thermotechnology, Bryant Heating & Cooling, Calorex Heat Pumps, China Yangzi, CIAT, Climaveneta, Corona, DeLclima, Denso, Emerson Climate Technologies, Enertech, Fujitsu General, Geothermal International, Glen Dimplex, Goodman Global, Gree Electric, Haier, Hitachi Appliances, Ingersoll-Rand, Johnson Controls, Kermi, Lennox, LG Electronics, LSB Industries, Mayekawa Manufacturing, Midea, Nortek Global HVAC, Panasonic, Payne, Rheem, Riello, Samsung Electronics, Sanden, SIRAC, Stiebel Eltron, Swegon, Toshiba, Systemair, Vaillant, Viessmann, WaterFurnace International, Waterkotte, and York.

Commenting on the report, an analyst from the research team said: “Including De-super heaters for heat recovery will be a key trend for market growth. De-super heaters are the major components found in advanced heat pump technology today. These can recover the heat wasted from the pumps' cooling. This recovered heat is then used to heat water for household purposes. A heat pump equipped with a de-super heater has the capability to heat water 200%-300% more efficiently than a conventional electric water heater.”

According to the report, the volatility in oil prices and the rising prices of electricity have led consumers to shift their emphasis toward low-cost alternative energy sources such as geothermal energy. Noteworthy cost savings and environmental benefits are the key drivers for geothermal heat pump market. Moreover, various initiatives taken by governments are adding impetus to the already growing demand for geothermal heat pumps. For instance, In the US, consumers purchasing geothermal systems, which meet the quality and regulatory standards, can take a one-time tax credit equivalent to 30% of the investment in the system, including installation costs without a cap.

Further, the report states that the important factor that is hindering small businesses and enterprises, as well as many households from using heat pumps over traditional methods, is the high price and installation costs of heat pumps. Although in the long term, the savings realized from the use of heat pumps can offset the high initial costs, yet the market faces significant challenges because of the capital-intensive nature of heat pumps.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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- Carrier
- Daikin
- Danfoss
- Mitsubishi Electric
- NIBE
- Airwell
- BDR Thermea
- Berliner Luft Technik
- Bosch Thermotechnology
- Bryant Heating & Cooling
- Calorex Heat Pumps
- China Yangzi
- CIAT
- Climaveneta
- Corona
- DeLclima
- Denso
- Emerson Climate Technologies
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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