Asia Pacific: The Key market for heat pumps during the forecast period.
In this report, the heat pump market has been analyzed concerning 4 regions, namely, Asia
Pacific, Europe, North America, and Rest of the World (RoW). The governments in these countries
are drawing up policies to ensure that energy-efficient equipment such as heat pumps are being
installed in new buildings, which is expected to drive the market for heat pumps. The demand
from China would lead the market in Asia Pacific. Growing investments in the residential and
commercial sectors of the Chinese market is creating a huge demand for the heat pump market.
Rising government regulations and policies for increasing energy efficiency and favorable
incentives, a significant contribution of heat pumping technology in the reduction of CO2
emissions, implementation of large industrial and commercial projects, and refurbishment of the
aging infrastructure in Asia Pacific & Europe would continue to create demand for the heat pump
market.
To enable an in-depth understanding of the competitive landscape, the report includes the
profiles of some of the top players in the heat pump market such as Daikin (Japan), United
Technologies (US), Midea (China), NIBE (Sweden), Ingersoll Rand (Ireland), Glen Dimplex (Ireland),
Stiebel Eltron (Germany), Viessmann (Germany), Panasonic (Japan), Mitsubishi (Japan), Vaillant
(Germany), and Danfoss (Denmark).
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche
opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently
servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as c lients.
Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for
their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth
markets following the "Growth Engagement Model – GEM". The GEM aims at proactive
collaboration with the clients to identify new opportunities, identify most important customers,
write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the
company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants
(Positioning top players across leaders, emerging companies, innovators, strategic players)
annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more
than 10,000 companies this year for their revenue planning and help them take their
innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform,
"Knowledgestore" connects over 200,000 markets and entire value chains for deeper
understanding of the unmet insights along with market sizing and forecasts of niche markets.