Market Overview:
The global central heat pumps market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for energy-efficient heating and cooling systems, growing awareness about the benefits of using central heat pumps, and rising investments in renewable energy sources. The global central heat pumps market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into 4 ton segments.
Product Definition:
A Central Heat Pump is a heating and cooling system that heats or cools a building by circulating air through ducts. The importance of Central Heat Pumps is that they provide an efficient way to heat or cool a building, and can save money on energy costs.
The global 2-ton, it's usage and growth factor in the Central Heat Pumps market is anticipated to witness significant growth over the forecast period. The key drivers for this market are increasing demand for energy-efficient solutions and stringent government regulations regarding carbon emission.
2-4 Ton:
2-4 ton central heat pumps are used to transfer heat from one place to another using a fluid. The pump is located outside the building and connected by an insulated pipe to the heating system. It works on the principle of thermodynamics, which states that as temperature difference exists between two points, energy will be transferred in form of thermal energy until equilibrated temperature is reached.
Application Insights:
The commercial application segment dominated the global central heat pumps market, accounting for over 60.0% share of the total revenue in 2017. The growth can be attributed to an increase in demand for building services and infrastructure across various end-use industries such as healthcare, hospitality and retail. In addition, a rise in temperature control requirements due to increased use of mechanical ventilation systems is expected to drive the product demand over the forecast period.
The residential application segment is expected to witness significant growth at a CAGR of XX% from 2018 to 2030 owingto increasing urbanization along with rising living standards globally since past few decades. A growing number of multi-family housing structures coupled with favorable government policies aimed at providing affordable housing units are likely fuel market expansion over the forecast period (2017 - 2030).
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing rapid urbanization, which has resulted in an increasing number of buildings across various applications. This growth in commercial and residential construction activities is anticipated to drive the demand for central heat pumps, thereby boosting regional market growth.
The rising population along with growing standards of living have led to a rise in demand for energy-efficient heating solutions across Asia Pacific countries such as China, Japan, South Korea, India among others.
Europe was estimated at USD X million owing to high product penetration rates coupled with increased adoption by consumers seeking superior quality products within the region.
Growth Factors:
- Increasing demand for energy-efficient heating and cooling systems
- Rising awareness about the benefits of central heat pumps
- Growing popularity of ductless mini-split systems
- Proliferation of smart home technologies
- Emerging markets in Asia Pacific and Latin America
Scope Of The Report
Report Attributes
Report Details
Report Title
Central Heat Pumps Market Research Report
By Type
<2 Ton, 2-4 Ton, >4 Ton
By Application
Commercial, Home
By Companies
Coleman, York, Luxaire, Guardian, Moovair, Trane, Blueridge, Direct Comfort, Goodman
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
134
Number of Tables & Figures
94
Customization Available
Yes, the report can be customized as per your need.
Global Central Heat Pumps Market Report Segments:
The global Central Heat Pumps market is segmented on the basis of:
Types
<2 Ton, 2-4 Ton, >4 Ton
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Commercial, Home
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Coleman
- York
- Luxaire
- Guardian
- Moovair
- Trane
- Blueridge
- Direct Comfort
- Goodman
Highlights of The Central Heat Pumps Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- <2 Ton
- 2-4 Ton
- >4 Ton
- By Application:
- Commercial
- Home
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Central Heat Pumps Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Central heat pumps are a type of air conditioning system that uses refrigerant to transfer heat from one location to another. The refrigerant is circulated through coils inside the unit, and this circulates the heat around the unit.
Some of the key players operating in the central heat pumps market are Coleman, York, Luxaire, Guardian, Moovair, Trane, Blueridge, Direct Comfort, Goodman.
The central heat pumps market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Central Heat Pumps Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Central Heat Pumps Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Central Heat Pumps Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Central Heat Pumps Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Central Heat Pumps Market Size & Forecast, 2018-2028
4.5.1 Central Heat Pumps Market Size and Y-o-Y Growth
4.5.2 Central Heat Pumps Market Absolute $ Opportunity
Chapter 5 Global Central Heat Pumps Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Central Heat Pumps Market Size Forecast by Type
5.2.1 <2 Ton
5.2.2 2-4 Ton
5.2.3 >4 Ton
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Central Heat Pumps Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Central Heat Pumps Market Size Forecast by Applications
6.2.1 Commercial
6.2.2 Home
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Central Heat Pumps Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Central Heat Pumps Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Central Heat Pumps Analysis and Forecast
9.1 Introduction
9.2 North America Central Heat Pumps Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Central Heat Pumps Market Size Forecast by Type
9.6.1 <2 Ton
9.6.2 2-4 Ton
9.6.3 >4 Ton
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Central Heat Pumps Market Size Forecast by Applications
9.10.1 Commercial
9.10.2 Home
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Central Heat Pumps Analysis and Forecast
10.1 Introduction
10.2 Europe Central Heat Pumps Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Central Heat Pumps Market Size Forecast by Type
10.6.1 <2 Ton
10.6.2 2-4 Ton
10.6.3 >4 Ton
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Central Heat Pumps Market Size Forecast by Applications
10.10.1 Commercial
10.10.2 Home
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Central Heat Pumps Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Central Heat Pumps Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Central Heat Pumps Market Size Forecast by Type
11.6.1 <2 Ton
11.6.2 2-4 Ton
11.6.3 >4 Ton
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Central Heat Pumps Market Size Forecast by Applications
11.10.1 Commercial
11.10.2 Home
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Central Heat Pumps Analysis and Forecast
12.1 Introduction
12.2 Latin America Central Heat Pumps Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Central Heat Pumps Market Size Forecast by Type
12.6.1 <2 Ton
12.6.2 2-4 Ton
12.6.3 >4 Ton
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Central Heat Pumps Market Size Forecast by Applications
12.10.1 Commercial
12.10.2 Home
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Central Heat Pumps Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Central Heat Pumps Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Central Heat Pumps Market Size Forecast by Type
13.6.1 <2 Ton
13.6.2 2-4 Ton
13.6.3 >4 Ton
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Central Heat Pumps Market Size Forecast by Applications
13.10.1 Commercial
13.10.2 Home
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Central Heat Pumps Market: Competitive Dashboard
14.2 Global Central Heat Pumps Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Coleman
14.3.2 York
14.3.3 Luxaire
14.3.4 Guardian
14.3.5 Moovair
14.3.6 Trane
14.3.7 Blueridge
14.3.8 Direct Comfort
14.3.9 Goodman
