Los Angeles, CA -- (SBWire) -- 04/11/2019 --Air Source Heat Pump (ASHP) is a device which uses a vapor compression cycle to transfer heat between outdoor air and indoor air or water. There are two type of air source heat pumps including air-to-air heat pumps and air-to-water heat pumps. As the name implies, these systems heat or cool indoor air or move energy into water. An air-source heat pump can provide efficient heating and cooling for your home, especially if you live in a warm climate. When properly installed, an air-source heat pump can deliver one-and-a-half to three times more heat energy to a home than the electrical energy it consumes. This is possible because a heat pump moves heat rather than converting it from a fuel, like in combustion heating systems.
Europe has the largest global export quantity and manufacturers in Air Source Heat Pump market, while the Japan is the second sales volume market for Air Source Heat Pump in 2017.
In the industry, Daikin Industries profits most in 2017 and recent years, while Mitsubishi Electric and Fujitsu General ranked 2 and 3.The market share of them is 11.94%, 5.82% and 5.65% in 2017.The gap of market share is keep on enlarged due to different strategy.
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Nowadays, there are two mainly types of Air Source Heat Pump, including Air-to-Air and Air-to-Water. And Air-to-Air is the main type for Air Source Heat Pump, and the Air-to-Air reached a sales volume of approximately 4202 K Unit in 2017, with 55.59% of global sales volume.
The global Air Source Heat Pump market was 11000 million US$ in 2018 and is expected to 16200 million US$ by the end of 2025, growing at a CAGR of 5.7% between 2019 and 2025.
This report studies the Air Source Heat Pump market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Air Source Heat Pump in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
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The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Daikin Industries
Mitsubishi Electric
Fujitsu General
LG Electronics
Panasonic
Carrier
NIBE
Bosch Thermotechnik
Glen Dimplex
Vaillant
Danfoss
A. O. Smith
Viessmann
BDR Thermea Group
Haier
Midea
Gree Electric
Stiebel Eltron GmbH & Co.
Swegon Group AB
Sanden International
Aermec
By the product type, the market is primarily split into
Air-to-Air
Air-to-Water
By the end users/application, this report covers the following segments
Residential
Commercial
Industrial
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Global Air Source Heat Pump Market Is Expected to Reach US$ 16200 Mn by 2025
Global Air Source Heat Pump market report contains a complete product overview and its scope in the market to define the key terms and provide the clients a holistic idea of the market and its tendency.