Market Overview:
The global module heat pump units market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for energy-efficient solutions across various industries and growing awareness about the benefits of using module heat pump units. The global module heat pump units market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into domestic hot water and not providing domestic hot water segments. The not providing domestic hot water segment is further sub-segmented into commercial and industrial applications. On the basis of application, office buildings, factories, and others are included in this study.
Product Definition:
A module heat pump unit is a self-contained heating and cooling system that typically mounts on the roof of a building. The module heat pump unit contains all of the components needed for heating, cooling, and ventilation. The importance of module heat pump units is that they provide an efficient and compact means of providing space conditioning for buildings.
Providing Domestic Hot Water:
Providing domestic hot water is the process of providing heating system for sanitary hot water generation. It is done by using heat from boiler or heating system to produce steam which drives turbines which produces electricity. The product has wide applications in residential, commercial and industrial sectors. Increasing energy cost and growing environmental concern are driving demand globally as it provides economic solution to reduce overall energy consumption without affecting the performance of equipment or processes.
Not Providing Domestic Hot Water:
The global industry is expected to witness significant growth over the forecast period owing to increasing energy consumption and growing population. However, there are certain regions where the demand for domestic hot water is not being fulfilled which in turn leads to a rise in energy consumption. This has led to an increase in demand for domestic hot water heaters globally. The major factor driving this market includes rising consumer awareness regarding efficient heating solutions and changing climatic conditions across various regions of the world.
Application Insights:
The office building application segment led the market and accounted for more than a 29% share of the global revenue in 2017. The demand for air conditioning is high in offices as it helps in maintaining a comfortable temperature inside. Furthermore, these units are used to regulate the temperature of corridors, stairs and landings, which leads to increased demand across office buildings.
The factory application segment is expected to register a CAGR of XX% over the forecast period owing to factors such as increasing industrial production coupled with stringent regulations regarding workplace safety across various regions including Asia Pacific and Middle East & Africa are expected drive this segment over the forecast period. Moreover, these units eliminate heat generated by machinery or equipment at factories thereby reducing electricity bills which further spurs their adoption across factories worldwide.
Regional Analysis:
Europe was the largest regional market in 2017 owing to rising demand for energy-efficient products. The region is expected to dominate the global market over the forecast period. Increasing number of residential and commercial building construction projects are projected to drive product demand in Europe. In addition, favorable government policies regarding installation of these units in residential as well as commercial buildings are anticipated to propel industry growth over the next eight years.
Asia Pacific is estimated to be one of the fastest-growing regions from 2018 to 2030 due its increasing population and rapid urbanization that demands more energy-efficient products for space heating and water heating applications.
Growth Factors:
- Increasing demand for energy-efficient heating and cooling systems
- Growing popularity of module heat pump units due to their high efficiency and low operating costs
- Rising awareness about the benefits of using module heat pump units among consumers
- Proliferation of smart homes and buildings, which are increasingly adopting module heat pump units for efficient heating and cooling needs
- Technological advancements that have led to the development of more efficient module heat pump units
Scope Of The Report
Report Attributes
Report Details
Report Title
Module Heat Pump Units Market Research Report
By Type
Providing Domestic Hot Water, Not Providing Domestic Hot Water
By Application
Office Building, Factory, Others
By Companies
Johnson Controls, Mc Quay International, Carrier, Trane, Dunham Bush, Daikin, Hitachi, Toshiba, Mitsubishi Electric, GREE, Midea, Haier, Nanjing TICA
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
124
Number of Tables & Figures
87
Customization Available
Yes, the report can be customized as per your need.
Global Module Heat Pump Units Market Report Segments:
The global Module Heat Pump Units market is segmented on the basis of:
Types
Providing Domestic Hot Water, Not Providing Domestic Hot Water
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
Office Building, Factory, Others
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:
- Johnson Controls
- Mc Quay International
- Carrier
- Trane
- Dunham Bush
- Daikin
- Hitachi
- Toshiba
- Mitsubishi Electric
- GREE
- Midea
- Haier
- Nanjing TICA
Highlights of The Module Heat Pump Units 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:
- Providing Domestic Hot Water
- Not Providing Domestic Hot Water
- By Application:
- Office Building
- Factory
- Others
- 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 Module Heat Pump Units 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?
A module heat pump unit is a type of air conditioning system that uses small, self-contained units to cool or heat large spaces. These systems are often used in commercial and industrial settings where high ceilings and large areas need to be cooled or heated quickly.
Some of the major companies in the module heat pump units market are Johnson Controls, Mc Quay International, Carrier, Trane, Dunham Bush, Daikin, Hitachi, Toshiba, Mitsubishi Electric, GREE, Midea, Haier, Nanjing TICA.
The module heat pump units market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Module Heat Pump Units 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 Module Heat Pump Units Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Module Heat Pump Units 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 Module Heat Pump Units 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 Module Heat Pump Units Market Size & Forecast, 2018-2028
4.5.1 Module Heat Pump Units Market Size and Y-o-Y Growth
4.5.2 Module Heat Pump Units Market Absolute $ Opportunity
Chapter 5 Global Module Heat Pump Units 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 Module Heat Pump Units Market Size Forecast by Type
5.2.1 Providing Domestic Hot Water
5.2.2 Not Providing Domestic Hot Water
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Module Heat Pump Units 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 Module Heat Pump Units Market Size Forecast by Applications
6.2.1 Office Building
6.2.2 Factory
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Module Heat Pump Units 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 Module Heat Pump Units 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 Module Heat Pump Units Analysis and Forecast
9.1 Introduction
9.2 North America Module Heat Pump Units 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 Module Heat Pump Units Market Size Forecast by Type
9.6.1 Providing Domestic Hot Water
9.6.2 Not Providing Domestic Hot Water
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 Module Heat Pump Units Market Size Forecast by Applications
9.10.1 Office Building
9.10.2 Factory
9.10.3 Others
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 Module Heat Pump Units Analysis and Forecast
10.1 Introduction
10.2 Europe Module Heat Pump Units 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 Module Heat Pump Units Market Size Forecast by Type
10.6.1 Providing Domestic Hot Water
10.6.2 Not Providing Domestic Hot Water
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 Module Heat Pump Units Market Size Forecast by Applications
10.10.1 Office Building
10.10.2 Factory
10.10.3 Others
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 Module Heat Pump Units Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Module Heat Pump Units 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 Module Heat Pump Units Market Size Forecast by Type
11.6.1 Providing Domestic Hot Water
11.6.2 Not Providing Domestic Hot Water
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 Module Heat Pump Units Market Size Forecast by Applications
11.10.1 Office Building
11.10.2 Factory
11.10.3 Others
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 Module Heat Pump Units Analysis and Forecast
12.1 Introduction
12.2 Latin America Module Heat Pump Units 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 Module Heat Pump Units Market Size Forecast by Type
12.6.1 Providing Domestic Hot Water
12.6.2 Not Providing Domestic Hot Water
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 Module Heat Pump Units Market Size Forecast by Applications
12.10.1 Office Building
12.10.2 Factory
12.10.3 Others
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) Module Heat Pump Units Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Module Heat Pump Units 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) Module Heat Pump Units Market Size Forecast by Type
13.6.1 Providing Domestic Hot Water
13.6.2 Not Providing Domestic Hot Water
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) Module Heat Pump Units Market Size Forecast by Applications
13.10.1 Office Building
13.10.2 Factory
13.10.3 Others
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 Module Heat Pump Units Market: Competitive Dashboard
14.2 Global Module Heat Pump Units Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Johnson Controls
14.3.2 Mc Quay International
14.3.3 Carrier
14.3.4 Trane
14.3.5 Dunham Bush
14.3.6 Daikin
14.3.7 Hitachi
14.3.8 Toshiba
14.3.9 Mitsubishi Electric
14.3.10 GREE
14.3.11 Midea
14.3.12 Haier
14.3.13 Nanjing TICA
