Heat pumps transfer heat energy from a heat source to a heat sink. These pumps are designed in such a way that they can move thermal energy in the direction opposite to the spontaneous heat flow. The report analysts forecast the Global Heat Pump Market to grow at a CAGR of 8.24% during the period 2018-2022.
Covered in this report :
The report covers the present scenario and the growth prospects of the heat pump market. To calculate the market size, the report considers the revenue generated from the sales of heat pump.
The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA
Heat pump market 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
- DAIKIN INDUSTRIES
- Mitsubishi Electric
- NIBE
- Robert Bosch
- United Technologies (Carrier)
Market driver
- Growing construction sector
- For a full, detailed list, view our report
Market challenge
- Disposal challenges and adverse environmental impacts of refrigerants
- For a full, detailed list, view our report
Market trend
- Increased adoption of solar-powered heat pumps
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2022 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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