Boston, MA -- (SBWIRE) -- 10/20/2016 -- 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

Technavio's 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.

Get More Details on this Report and a Full Table of Contents at Global Heat Pump Market 2016-2020

The market is divided into the following segments based on geography:

-Americas
-APAC
-EMEA

Technavio's 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 driver

-Growing demand for geothermal heat pumps
-For a full, detailed list, view our report

Market challenge

-Competition from refurbished pumps
-For a full, detailed list, view our report

Market trend

-Emergence of BEMS
-For a full, detailed list, view our 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?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Companies Mentioned in this Report: 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, 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.

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