Business Technology

Growth of Electric Water Pumps market in global industry: overview, size and share 2019-2024

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Marketresearchnest reports add “Global Electric Water Pumps Market Growth 2019-2024” new report to its research database. The report spread across 163 pages with multiple tables and figures in it.

A geothermal heat pump or ground source heat pump (GSHP) is a central heating and/or cooling system that transfers heat to or from the ground. It uses the earth all the time, without any intermittency, as a heat source (in the winter) or a heat sink (in the summer).

Geothermal heat pump systems consist of the heat pump unit, the ground heat exchanger, and the air delivery system (ductwork). The heat exchanger has a system of pipes called a loop, which is buried in the ground near the building. Fluid will circulate within the heat exchanger system. The pump exchanger either takes the heat from the building and transfers it to the ground or absorbs the heat from the ground and uses it to warm the house. The main advantage of geothermal heat pumps is that they use the stable underground temperature to increase the efficiency and decrease the operational cost of the cooling and heating systems. Global geothermal heat pump market size in 2017 was valued over USD 3 billion and the annual installation is projected to exceed 873 thousand units by 2025.

This report studies the Electric Water Pumps Market with many aspects of the industry like the market size, market status, market trends and forecast, the report also provides brief information of the competitors and the specific growth opportunities with key market drivers. Find the complete Electric Water Pumps market analysis segmented by companies, region, type and applications in the report.

Scope of Electric Water Pumps: Electric Water Pumps Market report evaluates the growth rate and the market value based on market This report studies the Electric Water Pumps Market with many aspects of the industry like the market size, market status, market trends and forecast, the report also provides brief information of the competitors and the specific growth opportunities with key market drivers. Find the complete Electric Water Pumps market analysis segmented by companies, region, type and applications in the report.

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Growing concerns toward environmental sustainability and energy security along with shifting trends toward bio economy-based development will drive the global geothermal heat pump market size. Introduction of energy efficiency protocols by regulators with an aim to reduce carbon footprint will further propel the industry outlook. In 2016, Government of Germany introduced Climate Action Plan 2050 across the nation with an aim to curb GHG emissions up to 55% by 2030 compared with 1990 levels.

According to this study, over the next five years the Geothermal Heat Pump market will register a 10.6% CAGR in terms of revenue, the global market size will reach US$ 6020 million by 2024, from US$ 3640 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Geothermal Heat Pump business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Electric Water Pumps market by product type, application, key manufacturers and key regions.

To calculate the market size, LP Information considers value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2013 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.

  • Vertical Closed Loop
  • Horizontal Closed Loop
  • Open Loop
  • Others

Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.

  • Residential Buildings
  • Commercial Buildings

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.

Americas, United States, Canada, Mexico, Brazil, APAC, China, Japan, Korea, Southeast Asia, India, Australia, Europe, Germany, France, UK, Italy, Russia, Spain, Middle East and Africa, Egypt, South Africa, Israel, Turkey, GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.

  • Bosch Thermotechnology
  • Carrier
  • Vaillant
  • BDR Thermea
  • Modine
  • Nibe Industrier
  • Mitsubishi Electric
  • Viessmann
  • Trane
  • Stiebel Eltron
  • Danfoss Group
  • Weishaupt
  • Swegon
  • Wolf
  • OCHSNER Warmepumpen

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Browse full table of contents and data tables at

https://www.marketresearchnest.com/Global-Geothermal-Heat-Pump-Market-Growth-2019-2024.html

Highlights of the Global Electric Water Pumps report:

  • A complete backdrop analysis, which includes an assessment of the Electric Water Pumps market
  • An objective assessment of the trajectory of the market
  • Market segmentation up to the second or third level
  • Reporting and evaluation of recent industry developments
  • Important changes in market dynamics
  • Emerging niche segments and regional markets
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Market shares and strategies of key players
  • Recommendations to companies for strengthening their foothold in the market

Research objectives

  1. To study and analyze the global Electric Water Pumps market size by key regions/countries, product type and application.
  2. To understand the structure of Electric Water Pumps market by identifying its various subsegments.
  3. Focuses on the key global Electric Water Pumps players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
  4. To analyze the Electric Water Pumps with respect to individual growth trends, future prospects, and their contribution to the total market.
  5. To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
  6. To project the size of Electric Water Pumps submarkets, with respect to key regions (along with their respective key countries).
  7. To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
  8. To strategically profile the key players and comprehensively analyze their growth strategies.

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