Germany Heat Pump Market Future Scope, Demands and Projected Industry Growths to 2024
Category: #reports  By Ashwin Naphade  Date: 2019-01-15
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Germany Heat Pump Market Future Scope, Demands and Projected Industry Growths to 2024

MarketStudyReport.com offers 2018 report on Germany Heat Pump market that evaluates industry growth trends through historical data and estimates future prospects based on comprehensive research. The report extensively provides the market share, growth, trends and forecasts for the period 2018-2024.

Germany Heat Pump Market is anticipated to reach over USD 700 million by 2024. Growing demand for environmentally friendly, reliable, energy efficient space conditioning systems to reduce electricity consumption will stimulate the industry landscape. For instance, geothermal heat pump can reduce the energy consumption from 30% to 60% when compared with other alternates. Rising concern to reduce import dependency coupled with volatile fossil fuel prices are few indispensable factors responsible to promote energy efficient systems. Government has introduced several initiatives including zero interest rate loan, tax rebate, financial assistance to promote the utilization of energy efficient systems and thereby reduce import dependency.

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Historical data from 2013 is provided for Germany Heat Pump Market along with estimates and forecasts to 2024 based on segmentation of Heat Pump industry by Product, By Application, companies and Country. Previous years’ data offers fact based information on trends and growth graph while the forecasts aim to show an outlook of Heat Pump market for the next few years keeping in mind the advancements happening in the sector. 

Players operating in the Germany Heat Pump market include Trane, Vaillant Group, Viessmann, Glen Dimplex, Stiebel Eltron GmbH & Co., Swegon Group AB, Thermic Energy RZ GmbH, Solarbayer GmbH, Bosch Thermotechnology, Danfoss, Daikin, WOLF GmbH, Toshiba, Carrier Corporation, NIBE, Systemair AB, MODINE, The Weishaupt Group

Geothermal heat pump market witnessed an annual installation over 25 thousand units in 2017. High efficiency, reliable, less energy consumption and heat loss, low operation and maintenance cost are some of its features which will positively influence the industry outlook. For instance, the system is 75% efficient when compared with oil furnace and 48% efficient from gas furnace.

Air source heat pump market is expected to witness significant growth on account of its low carbon emissions, limited space requirement, cost effectiveness. It can reduce the carbon dioxide emissions up to 40% when compared with fossil fuel driven systems. Air to water is preferred over air to air, subject to growing demand for domestic hot water along with its ability for air purification.

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Commercial heat pump market is predicted to surpass 20,000 units subject to increase in investment toward infrastructural development across the nation. Favourable measures to improve air quality along with positive outlook toward renewable technologies will stimulate the business landscape. Increasing demand for space conditioning system that can easily be integrated with conventional systems across existing and new constructed building will further enhance the product deployment.

Table of Content:

Chapter 1.    Methodology and Scope

Chapter 2.  Executive Summary

Chapter 3.  Germany Heat Pump Industry Insights

Chapter 4. Germany Heat Pump Market, By Product

Chapter 5. Germany Heat Pump Market, By Application

Chapter 6. Company Profiles

For More Details on this Report At: https://www.marketstudyreport.com/reports/germany-heat-pump-market

Related Report:

United States Industrial Air Source Heat Pump Market Report 2018

In this report, the United States Industrial Air Source Heat Pump market is valued at USD XX million in 2017 and is expected to reach USD XX million by the end of 2025, growing at a CAGR of XX% between 2017 and 2025. United States Industrial Air Source Heat Pump market competition by top manufacturers/players, with Industrial Air Source Heat Pump sales volume, price, revenue (Million USD) and market share for each manufacturer/player; the top players including Daikin Industries, Danfoss, Carrier, Mitsubishi Electric, NIBE, Bosch Thermotechnik, A. O. Smith, Vaillant, Viessmann, Hitachi Appliances, Ingersoll-Rand, Panasonic,Samsung Electronics.

https://www.marketstudyreport.com/reports/united-states-industrial-air-source-heat-pump-market-report-2018/?utm_source=RR-AN

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About Author

Ashwin Naphade

Email: [email protected]   

Ashwin Naphade

Ashwin is into digital marketing since the last 2 years and has worked on multiple projects across various industries. He likes posting information and knowledge on multiple topics with an objective to create online visibility as well as share his inputs. His interest...

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