Air Source Heat Pumps Market (Updated Version Available)

Air Source Heat Pump (ASHP) is a device which uses a vapor compression cycle to transfer heat between outdoor air and indoor air or water. There are two type of air source heat pumps including air-to-air heat pumps and air-to-water heat pumps. As the name implies, these systems heat or cool indoor air or move energy into water. An air-source heat pump can provide efficient heating and cooling for your home, especially if you live in a warm climate. When properly installed, an air-source heat pump can deliver one-and-a-half to three times more heat energy to a home than the electrical energy it consumes. This is possible because a heat pump moves heat rather than converting it from a fuel, like in combustion heating systems.
Of the major players of Air Source Heat Pumps, Daikin Industries maintained its first place in the ranking in 2017. Daikin Industries accounted for 13.58 % of the United States Air Source Heat Pumps sales volume market share in 2017. Other players accounted for 10.95%, 7.97%, 7.90%, including Mitsubishi Electric, Panasonic and Fujitsu General.
In this study, the sales region of Air Source Heat Pumps divided into four geographic regions: In the South of the United States, total Air Source Heat Pumps accounted for 53.75%. In the West of the United States, total Air Source Heat Pumps accounted for 25.28%. The market in the Midwest of the United States accounted for 12.72 %, In the Northeast, total Air Source Heat Pumps accounted for 8.25%. Among all regions, the South of the United States is estimated to represent the highest share.
On the basis of product type, the Air-to-Air segment is projected to account for the largest sales volume share during the forecast period; this segment was estimated to account for 53.93 % sales volume share in 2017.

The report offers detailed coverage of Air Source Heat Pumps industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Air Source Heat Pumps by geography. The report splits the market size, by volume and value, on the basis of application type and geography.

The report forecast global Air Source Heat Pumps market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.

First, this report covers the present status and the future prospects of the global Air Source Heat Pumps market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].

Key Companies
Daikin Industries
Mitsubishi Electric
Fujitsu General
Panasonic
Carrier
Bryant
LG Electronics
lennox
Aermec
Sanden International
NIBE
Bosch Thermotechnik
Danfoss
A. O. Smith
Ingersoll-Rand
Viessmann

At the same time, we classify Air Source Heat Pumps according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.

Market Segment as follows:
Market by Order Type
Air-to-Air
Air-to-Water
Market by Application
Residential
Commercial
Industrial

By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Air Source Heat Pumps market for the forecast period 2021 - 2025?
• What are the driving forces in the Air Source Heat Pumps market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Air Source Heat Pumps industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?