A heat pump is an energy-efficient alternative for an air conditioner and furnace in places where the climatic conditions demand moderate heating and cooling needs. It consumes electric power and transfers heat from one space to another, depending on the climatic condition and its demand for either heating or cooling. Heat pump can be operated at a cost that is almost a quarter of the operating costs for any conventional heating or cooling equipment. It operates with high efficiency, and unlike a traditional HVAC unit, it does not need a separate equipment for heating and cooling.

As per the Report, The Global Heat Pumps market to grow at a CAGR of 10.79 percent and 7.06 percent in terms of revenue and units, respectively, over the period 2015-2019.

Covered in this Report
This report covers the present scenario and the growth prospects of the Global Heat Pumps market during the period 2015-2019. To calculate the market size and vendor share, the report considers the revenue generated from the sales of heat pumps and their services.

The Global Heat Pumps Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Global Heat Pumps market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

Key Vendors
• Carrier
• Daikin Industries
• Mitsubishi Electric
• Panasonic

Other Prominent Vendors
• Aermec
• Airwell
• BDR Thermea
• BerlinerLuft Technik
• Bosch Thermotechnik
• Carolex Heat Pumps
• CIAT
• Danfoss
• DeLclima
• Denso
• Enertech
• Emerson Climate Technologies
• Fujitsu General