Heat Pump Market Is Expected to See Growth Rate of 9.1% and May See Market Size of USD 101.9 Billion by 2023

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Edison, NJ -- (SBWire) -- 07/24/2019 --Heat pump, an electrical device that utilises heat from one place and transfers it to another place. Increasing consumer inclination towards better energy-efficient and environment-friendly products, a heat pump is predicted to gain huge demand in the upcoming years.

This intelligence report provides a comprehensive analysis of the "Global Heat Pump Market. This includes Investigation of past progress, ongoing market scenarios, and future prospects. Data True to market on the products, strategies and market share of leading companies of this particular market are mentioned. It's a 360-degree overview of the global market's competitive landscape. The report further predicts the size and valuation of the global market during the forecast period.Some of the key players profiled in the study are Daikin (Japan), United Technologies (United States), Midea (China), NIBE (Sweden), Ingersoll Rand (Ireland), Dimplex (Ireland), Stiebel Eltron (Germany), Viessmann (Germany), Panasonic (Japan), Mitsubishi Electric (Japan), Danfoss (Denmark) and Emerson Electric Co. (United States).

According to AMA, the Global Heat Pump market is expected to see growth rate of 9.1% and may see market size of USD101.9 Billion by 2023.

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Market Drivers
- Significant Contribution of Heat Pumping Technology in the Reduction of CO2-Emissions

Market Trend
- Integration of IoT with Heat Pumps by Key Manufacturers

Restraints
- High Installation Cost of Energy-Efficient Heat Pumps

Opportunities
- Huge Investments in Commercial and Residential Sectors across the World

Challenges
- Complexities in Retrofits of Heat Pump

Each segment and sub-segment is analyzed in the research report. The competitive landscape of the market has been elaborated by studying a number of factors such as the best manufacturers, prices and revenues. Global Heat Pump Market is accessible to readers in a logical, wise format. Driving and restraining factors are listed in this study report to help you understand the positive and negative aspects in front of your business.
This study mainly helps understand which market segments or Region or Country they should focus in coming years to channelize their efforts and investments to maximize growth and profitability. The report presents the market competitive landscape and a consistent in depth analysis of the major vendor/key players in the market.

Furthermore, the years considered for the study are as follows:
Historical year – 2013-2017
Base year – 2018
Forecast period** – 2019 to 2025 [** unless otherwise stated]

**Moreover, it will also include the opportunities available in micro markets for stakeholders to invest, detailed analysis of competitive landscape and product services of key players.

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Segmentation and Targeting:
The Study Explore the Product Types of Heat Pump Market: Air-to-Air, Air-to-Water, Geothermal

Key Applications/end-users of Global Heat Pump Market: Residential, Commercial, Industrial

Capacity Type: Up to 10 kW, 10–20 kW, 20–30 kW, Above 30 kW

Top Players in the Market are: Daikin (Japan), United Technologies (United States), Midea (China), NIBE (Sweden), Ingersoll Rand (Ireland), Dimplex (Ireland), Stiebel Eltron (Germany), Viessmann (Germany), Panasonic (Japan), Mitsubishi Electric (Japan), Danfoss (Denmark) and Emerson Electric Co. (United States)

Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa
Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.

Objectives of the Study
- To Define, Describe, and Segment The Global Heat Pump Market On The Basis Of Type, Function, Application, And Region.
- To provide detailed information regarding the major factors influencing the market growth (drivers, restraints, opportunities, and industry-specific challenges)
- To estimate the size of the Global Heat Pump Market in terms of value.
- To study the individual growth trends of the providers of Global Heat Pump Market, their future expansions, and analyze their contributions to the market
- To strategically analyze micro-markets with respect to individual growth trends, future prospects, and contribution to the total market, covered by Global Heat Pump Market and various regions.
- To track and analyze competitive developments such as joint ventures, mergers & acquisitions, and new product launches, in Global Heat Pump Market.
- To strategically profile key market players and comprehensively analyze their market position and core competencies

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Extracts from TOC

1 Study Coverage
Industry Definition
.....
2 Executive Summary
Global Heat Pump Market Size (2014-2025) by Revenue, Production*, Growth rate
Analysis of Competitive Landscape - Insights on Market Development Scenario
3 Market Size by Manufacturers [Market Share, Global Rank etc]
4 Global Heat Pump Production, Consumption by Regions (2014-2025)
5 Market Size by Type
Global Heat Pump Revenue by Type
Global Heat Pump Volume by Type
Global Heat Pump Price by Type
6 Market Size by Application (2014-2025)
Global Heat Pump Breakdown Data by Revenue, Volume
7 Manufacturers Profiles
8 Value Chain and Sales Channels Analysis

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Key questions answered
- Who are the Leading key players and what are their Key Business plans in the Global Heat Pump market?
- What are the key concerns of the five forces analysis of the Global Heat Pump market?
- What are different prospects and threats faced by the dealers in the Global Heat Pump market?
- What are the strengths and weaknesses of the key vendors?

Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.

Media Relations Contact

Craig Francis
PR & Marketing Manager
AMA Research & Media LLP
1-206-317-1218
https://www.advancemarketanalytics.com

View this press release online at: http://rwire.com/1249472