Coefficient of performance

Europe Heat Pump Market to reach over $15 billion by 2026, says Global Market Insights, Inc.

Retrieved on: 
Thursday, October 15, 2020
Energy, Articles, Heat pumps, Building engineering, Energy conversion, Sustainable technologies, Energy conservation, Renewable heat, Coefficient of performance, Renewable Heat Incentive, Pump, Geothermal heat pump

Europe water source heat pump market is set to witness substantial growth on account of their high coefficient of performance index and low energy consumption.

Key Points: 
  • Europe water source heat pump market is set to witness substantial growth on account of their high coefficient of performance index and low energy consumption.
  • The introduction of renewable heat incentive programs and efforts toward limiting building emissions will further propel the installation of water source heat pumps.
  • Low operating cost, long lifespan and low maintenance requirements are some of the paramount features which will positively influence the industrial segment of Europe heat pump market size.
  • The UK heat pump market demand is projected to register over 12% CAGR through 2026.

COVID-19 Impact and Recovery Analysis - Global Industrial Heat Pumps Market 2020-2024 | Evolving Opportunities with Daikin Industries Ltd. and Emerson Electric Co. | Technavio

Retrieved on: 
Thursday, July 2, 2020
Engineering, Construction & Property, Building Systems, Manufacturing, Articles, Energy, Building engineering, Energy conversion, Heat pumps, Energy recovery, Energy technology, Pump, Geothermal heat pump, Coefficient of performance

The global industrial heat pumps market size is expected to grow by USD 144.04 million as per Technavio.

Key Points: 
  • The global industrial heat pumps market size is expected to grow by USD 144.04 million as per Technavio.
  • In addition, the advent of smart heat pumps is anticipated to boost the growth of the industrial heat pumps market.
  • Some of the products offered by the company include SABROE HeatPAC, YHAP-C Absorption Heat Pumps, and Water Source Heat Pumps.
  • Some of the popular offerings by the company include air-to-water reversible heat pumps, air-to-water heat pumps (only heating), water-to-water reversible heat pumps, water-to-water heat pumps (heating only), and water-to-water heat pumps (reversible on the hydraulic side).