Heat Pumps Market forecasts From 20120To 2025
DESCRIPTION The heat pumps market is anticipated to grow at a CAGR of 6.04% during the forecast period to reach a total market size of US$70.319 billion by 2025, increasing from US$49.463 billion in 2019. Heat pumps are designed to move heat from a colder place to warm, with the help of electricity. Regions where heating and cooling needs are moderate, these pumps are efficient alternatives to furnaces and air conditioners. Increasing investment in both the commercial and residential sector is expected to drive the growth of the market in the coming years. However, the high initial installation cost for energyefficient heat pumps is anticipated to restrain the growth opportunities.
Key Questions Answered By The Report ▪ What will Heat Pumps Market from 2019 to 2024? ▪ How are the major drivers and restraints affecting the Heat Pumps Market. ▪ growth and the opportunities which exist for key vendors? ▪ Which segment and region will drive or lead the market growth and why?
▪ A comprehensive analysis of competitive landscape and key market participant’s behavior ▪ Key strategies being adopted by vendors, with in-depth analysis along with their impact on competition and market growth
Geography ▪ North America ▪ U.S.A ▪ Canada
▪ Mexico ▪ Europe ▪ United Kingdom
▪ Germany ▪ France ▪ Spain
Geography ▪ Russia Netherlands Others ▪ Middle East and Africa Saudi Arabia UAE
Israel Others
Geography Asia Pacific China Japan South korea India Others Rest of the World
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Segments Covered Under Global Storage Market: By Type Air Source Heat Pumps Water Source Heat Pumps Ground Source (Geothermal) Heat Pumps By Capacity Up to 10kW 10 to 30 kW Above 30kW By End user Commercial Residential Industrial
COMPANY PROFILES ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪
Enertech Group Bosch Panasonic Danfoss Carrier Corporation Viessmann Group STIEBEL ELTRON GmbH & Co. KG Glen Dimplex Toshiba Johnson Controls (York) Electrolux
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