Air Source Heat Pump Market Research Report by Size, Growth, Segment, Trends and Forecast to – 2028 A detailed study on 'Air Source Heat Pump Market' introduced by Global Market Insights Inc. puts together a concise analysis of the growth factors impacting the current business scenario across assorted regions. Significant information pertaining to the industry’s size, share, application, and statistics are also summed in the report in order to present an ensemble prediction. In addition, this report undertakes an accurate competitive analysis illustrating the status of market majors in the projection timeline, while including their expansion strategies and portfolio. Browse Report Summery @ https://www.gminsights.com/industry-analysis/air-source-heatpump-market The air source heat pump market is projected to expand considerably by 2028 owing to prominent demand for energy-efficient heating systems across the globe. The air source heat pump is an energy-efficient heating system that takes the warmth from the air outside and moves it indoors. Technological advancements to develop durable heat pumps that can withstand extreme weather conditions like winter storms have augmented product uptake in recent years. Furthermore, key industry players are focusing on product development to cater to prevalent consumer demands, which has positively impacted the overall business scenario. For instance, in March 2021, Vaillant Group, a leading HVAC solutions provider, added new products to its range of heat pumps for large scale projects viz., aroTHERM perform, an air-water split heat pump, and geoTHERM perform, which is a brine-water heat pump. Both heat pumps have been designed for use in major new building and remodeling projects in both residential and commercial sectors. The air source heat pump market has been segmented based on application, product, and region. With respect to application, the market has further been bifurcated into commercial, residential, and residential by product. Under residential, the market has been segregated into multi house apartments and single family house. The single family house segment is projected to witness robust growth over the analysis period owing to the growing population in Asia Pacific countries. Moreover, increased purchasing power of consumers is likely to boost segmental adoption in the coming years. The multi house apartments segment is anticipated to amass considerable gains through 2028 on account of soaring investment towards the development of residential building infrastructure. The residential by product segment has been divided into room heat pump and domestic hot water heat pump. The domestic hot water heat pump segment is slated to gain significant traction over the assessment period. Integration of the domestic hot water heat pump with solar heating input to provide better durability in tropical countries across the Asia Pacific and Latin America regions is slated to drive segmental growth.
© 2021 Global Market Insights Inc. All Rights Reserved
www.gminsights.com