Dec 31, 2019   SOURCE: BusinessWire

Heat Pumps Market Outlook and Forecast, 2019 to 2024 - World Market Anticipating a CAGR of ~10% During the Forecast Period - ResearchAndMarkets.com

The "Heat Pumps Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024" report has been added to ResearchAndMarkets.com's offering.

The increasing focus on improving environmental performance and the growing number of initiatives to minimize heat generation from fossil fuels in recent years is spurring the demand for heat pumps around the world.

The global heat pumps market is expected to grow at a CAGR of around 10% during 2019-2024.

This latest report provides a deep insight into the global heat pumps market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter's five forces analysis, value chain analysis, etc.

The introduction of green building standards and codes to enhance the deployment of sustainable technologies is aiding in minimizing carbon emissions. The consequent rise in the demand for sustainable and cost-effective heating and cooling solutions to reduce electricity consumption is impelling the market growth.

Additionally, manufacturers are financing research and development (R&D) activities to improve the existing mechanism of heat pumps and enhance their performance and efficiency. For instance, they are introducing two-speed compressors that enable industrial heat pumps to perform extreme heating or cooling with high efficiency, which can significantly reduce their power consumption.

Another innovation in the industry includes the integration of heat pumps with furnace systems for creating dual-fuel heat pumps.

The report has analyzed the competitive landscape of the market with some of the key players being Daikin, Mitsubishi Electric, Midea Group, Nibe, Ingersoll-Rand, Danfoss, Panasonic, Glen Dimplex, Viessmann, Robert Bosch, United Technologies, etc.

Key Questions Answered in This Report

  • How has the global heat pumps market performed so far and how will it perform in the coming years?
  • What are the key regional markets in the global heat pumps industry?
  • What is the breakup of the market based on the rated capacity?
  • What is the breakup of the market based on the product type?
  • What is the breakup of the market based on the end use sector?
  • What are the various stages in the value chain of the global heat pumps industry?
  • What are the key driving factors and challenges in the global heat pumps industry?
  • What is the structure of the global heat pumps industry and who are the key players?
  • What is the degree of competition in the global heat pumps industry?

Key Topics Covered

1 Preface

2 Scope and Methodology

3 Executive Summary

4 Introduction

4.1 Overview

4.2 Key Industry Trends

5 Global Heat Pumps Market

5.1 Market Overview

5.2 Market Performance

5.3 Market Breakup by Rated Capacity

5.4 Market Breakup by Product Type

5.5 Market Breakup by End Use Sector

5.6 Market Breakup by Region

5.7 Market Forecast

6 SWOT Analysis

6.1 Overview

6.2 Strengths

6.3 Weaknesses

6.4 Opportunities

6.5 Threats

7 Value Chain Analysis

8 Porter's Five Forces Analysis

8.1 Overview

8.2 Bargaining Power of Buyers

8.3 Bargaining Power of Suppliers

8.4 Degree of Competition

8.5 Threat of New Entrants

8.6 Threat of Substitutes

9 Market Breakup by Rated Capacity

9.1 Up to 10 kW

9.2 10-20 kW

9.3 20-30 kW

9.4 Above 30 kW

10 Market Breakup by Product Type

10.1 Air Source Heat Pump

10.2 Ground Source Heat Pump

10.3 Water Source Heat Pump

10.4 Exhaust Air Heat Pump

10.5 Others

11 Market Breakup by End Use Sector

11.1 Residential

11.2 Commercial

11.3 Hospitality

11.4 Retail

11.5 Education

11.6 Food & Beverage

11.7 Paper & Pulp

11.8 Chemicals & Petrochemicals

11.9 Others

12 Market Breakup by Region

12.1 Europe

12.2 North America

12.3 Asia Pacific

12.4 Middle East and Africa

12.5 Latin America

13 Price Analysis

14 Competitive Landscape

14.1 Market Structure

14.2 Key Players

14.3 Profiles of Key Players

14.3.1 Daikin

14.3.2 Mitsubishi Electric

14.3.3 Midea Group

14.3.4 Nibe

14.3.5 Ingersoll-Rand

14.3.6 Danfoss

14.3.7 Panasonic

14.3.8 Glen Dimplex

14.3.9 Viessmann

14.3.10 Robert Bosch

14.3.11 United Technologies

For more information about this report visit https://www.researchandmarkets.com/r/i7dcic