“heat pump market” Insights 2022 by Type (Air-Water Monobloc, Air-Water Cylinder, Ground/Water-Water, Air-Water Split, Exhaust Air), Applications (Residential Heat Pumps, Industrial Heat Pumps, Commercial Heat Pumps), Regions and Forecast to 2028. Global Heat Pump Market Size is expected to reach several millions by 2028, compared to 2022, with an unexpected CAGR during the forecast period, Heat Pump Market Report including Full TOC, Tables and Figures and Graph with In-Depth Analysis of Impact of Market outbreak before and after COVID-19 and situation by region.

A heat pump is a device that delivers thermal energy from a heat source to a destination called a “heat sink”. Heat pumps are designed to move thermal energy in the opposite direction of spontaneous heat flow, taking heat from a cold space and releasing it into a warmer one. A heat pump uses some amount of external energy to manage the transfer of energy from the heat source to the heat sink.

Daikin, Mitsubishi and Atlantic took the top three spots for revenue sharing The heat pump market in 2015. Daikin dominated with 21.83 percent share of sales, followed by Mitsubishi with 8.47 percent share of sales and Atlantic with 7.00 percent share of sales.

, In the next five years, the global consumption of heat pumps will continue to increase, consumption is expected to be 5814.60 (K units) in 2020. Average utilization remains at 83% to 85%.

, In terms of segment, the air-to-water monoblock segment made the largest contribution to the heat pump market. In 2014, the air-to-water monobloc segment accounted for 76.03% of sales.

, Despite the existing competition problems, investors are still optimistic due to the clear global recovery trend in this area, more new investments will enter the area in the future. Technology and cost are two major issues.

Although the sale of heat pumps brought many opportunities for the new…