Air Source Heat Pump Market to Grow 10.56% CAGR to 2021 Driven by Operational Benefits over Conventional Systems adds Global Air Source Heat Pump Market 2017-2021 latest research report; the analysts forecast global air source heat pump market to grow at a CAGR of 10.56% during the period 2017-2021.

The latest trend gaining momentum in the air source heat pump market is emergence of BEMS. A heat pump is a term that more commonly applies to HVAC systems. Heat pumps are extensively used for space heating or space cooling in residential as well as commercial applications. Since there has been an increased emphasis on energy efficiency and reduction of emissions, building energy management systems (BEMS) is an emerging concept that can lead to significant energy savings.

Complete report on air source heat pump market spread across 70 pages, analyzing 5 major companies and providing 25 data exhibits are now available at

According to the report, one of the major drivers for air source heat pump market is operational benefits over conventional systems. Heat pumps provide major benefits in comparison to conventional heating and cooling systems like boilers, furnaces, air conditioners, and room heaters. One major advantage is that the same heat pump provides the benefits of both heating and cooling throughout the year.

The following companies as the key players in the global air source heat pump market: Carrier, Daikin Industries, Danfoss, Mitsubishi Electric, and NIBE. Other prominent vendors in the market are: Airwell, A. O. Smith, BDR Thermea, Bosch Thermotechnik, Bryant Heating & Cooling Systems, Climaveneta, China Yangzi, Colmac, Dimplex, Emerson Climate Technologies, Fujitsu General, Grant, Haier, Hitachi Appliances, Ingersoll-Rand, Johnson Controls, LG Electronics, Panasonic, Samsung Electronics, Swegon, Toshiba, Thermia Heat Pumps, Vaillant, and Viessmann. Order a copy of Global Air Source Heat Pump Market 2017-2021 report @

Global Air Source Heat Pump Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the present scenario and the growth prospects of the global air source heat pump market for 2017-2021. To calculate the market size, the report considers the retail selling price as the average selling price of the product.

The air source heat pump market study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

Further, the air source heat pump market report states that one of the major factors hindering the growth of this market is high upfront cost. Heat pumps are primarily used for space heating and cooling. Therefore, heat pumps find wide applications in residential buildings. The deployment of heat pumps and their retrofitting is, therefore, also dependent on consumer preferences and disposable incomes.

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Release ID: 202711