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Last Updated: Apr 25, 2025 | Study Period: 2023-2030
The technology used by a heat pump is comparable to that of a refrigerator or air conditioner. It draws heat from a source, such as the air around it, geothermal energy buried beneath the surface, adjacent water sources, or industrial waste heat. After that, it intensifies and distributes the heat as needed.
One component of an HVAC system is a heat pump. Heat pumps circulate warm air inside your home to keep it cool, or they force chilly air outside to keep your area warm. In essence, based on how the thermostat is adjusted, they transfer heat from one location to another.
The US HVAC heat pump market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.
Launch of a monobloc heat pump by Ideal For the home UK market, Ideal Heating, a business with a history in gas heating, has introduced its first monobloc heat pump. The R32-powered Logic Air heat pump comes in 8kW and 10kW variants.
It combines its Halo Air thermostat with a hot water cylinder from sibling business Gledhill to achieve SCOP efficiency of 5.19.Ideal Heating has submitted plans for a new £10 million heat pump research and development centre at its UK headquarters in Hull, with support from parent firm Groupe Atlantic.
The proposed facility is a component of a larger £60 million investment programme to expand manufacturing and distribution capabilities and accommodate the manufacture and warehousing of heat pumps on the Hull site.
Although certain heat pumps can stop working after ten years, heat pumps typically last fifteen years on average. Some of the more recent products being made now can last a little bit longer. Maintenance is the factor that has the biggest impact on the heat pump's lifespan.at least once a year, a heat pump.
The following are things the technician can do: Examine the indoor coil, filters, blower, and ducts for debris and other obstructions. Determine duct leaks, then fix them.
The heat pump is no longer the best solution for house heating when the temperature falls below 25 degrees. This is the time to switch on any supplementary heating they may have, such as electric or gas heating.
| Sl no | Topic |
| 1 | Market Segmentation |
| 2 | Scope of the report |
| 3 | Abbreviations |
| 4 | Research Methodology |
| 5 | Executive Summary |
| 6 | Introduction |
| 7 | Insights from Industry stakeholders |
| 8 | Cost breakdown of Product by sub-components and average profit margin |
| 9 | Disruptive innovation in the Industry |
| 10 | Technology trends in the Industry |
| 11 | Consumer trends in the industry |
| 12 | Recent Production Milestones |
| 13 | Component Manufacturing in US, EU and China |
| 14 | COVID-19 impact on overall market |
| 15 | COVID-19 impact on Production of components |
| 16 | COVID-19 impact on Point of sale |
| 17 | Market Segmentation, Dynamics and Forecast by Geography, 2023-2030 |
| 18 | Market Segmentation, Dynamics and Forecast by Product Type, 2023-2030 |
| 19 | Market Segmentation, Dynamics and Forecast by Application, 2023-2030 |
| 20 | Market Segmentation, Dynamics and Forecast by End use, 2023-2030 |
| 21 | Product installation rate by OEM, 2023 |
| 22 | Incline/Decline in Average B-2-B selling price in past 5 years |
| 23 | Competition from substitute products |
| 24 | Gross margin and average profitability of suppliers |
| 25 | New product development in past 12 months |
| 26 | M&A in past 12 months |
| 27 | Growth strategy of leading players |
| 28 | Market share of vendors, 2023 |
| 29 | Company Profiles |
| 30 | Unmet needs and opportunity for new suppliers |
| 31 | Conclusion |
| 32 | Appendix |
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