Heat pumps are among the most energy-efficient substitutes for air conditioners and furnaces, especially in climates that require moderate cooling and heating needs. The pumps, like refrigerators, make warm space warmer and cool space cooler by using electricity to move heat. Considering that heat pumps only move heat instead of generating it, they enable almost 25% cost savings when compared with conventional methods.

PART 01: Executive summary

Highlights

PART 02: Scope of the report

Market overview

Segmentation by geography

Vendor analysis

Top-vendor offerings

PART 03: Market research methodology

Research methodology

Economic indicators

PART 04: Introduction

Key market highlights

PART 05: Market landscape

Market overview

Five forces analysis

PART 06: Market drivers

Growing demand for geothermal heat pumps

Rising global energy consumption coupled with recovery

in housing sector

Advanced features and innovations that enhance

performance

Operational benefits over conventional systems

PART 07: Impact of drivers

PART 08: Market challenges

High upfront cost

Competition from refurbished pumps

Adverse impact on grid systems

PART 09: Impact of drivers and challenges

PART 10: Market trends

Emergence of BEMS

Federal tax credits for retrofitting

De-super heaters for heat recovery

PART 11: Market segmentation by product

Global heat pump market by product type

Global air-to-water heat pump market

Global ground/water-to-water heat pump market

Global exhaust air heat pump market

PART 12: Geographical segmentation

Global heat pump market by geography

Heat pump market in EMEA

Heat pump market in Americas

Heat pump market in APAC

PART 13: Key leading countries

PART 14: Vendor landscape

Competitive scenario

Other prominent vendors

PART 15: Key vendor analysis

Carrier Corporation

Daikin

Danfoss

Mitsubishi Electric

NIBE

PART 16: Appendix

List of abbreviations

PART 17: Explore Technavio