Transparency
Market Research Reports incorporated a definite business overview and
investigation inclines on "Geothermal Heat Pumps Market".
This report likewise incorporates more illumination about fundamental
review of the business including definitions, requisitions and
worldwide business sector industry structure.
Also
known as ground source heat pump (GSHP), geothermal heat pumps are
devices that can transfer heat to and from the ground for heating or
cooling purposes. Though first used in the 1940’s the technology
was not commercially available to us until recently.
In
these pumps, electrically driven compressors are used to raise the
temperature of fluids near ground temperature, to one useful for
heating. Such pumps primarily use the inherent heat in the earth’s
surface for heating or cooling purposes. In these pumps the earth is
used as a heat sink during summertime and as a heat source during the
winter. Efficiencies ofGHP’s generally exhibit seasonal variations.
Browse
Full Report with TOC:
http://www.transparencymarketresearch.com/geothermal-heat-pumps-market.html
The
primary driver for this technology is the energy savings it delivers.
Apart from saving energy, financial savings are substantial too. Pay
back periods for such pumps can be as low as five years along with
additional savings in operating expenses. With conventional fuel oil
prices rising globally, such heat pumps can provide cheaper and
cleaner energy. Since burning of fuel is not required in GHP’s,
heating requirements are addressed with little or no pollution from
the user’s end. Such pumps are extremely durable in nature and
demand very little maintenance. The useful life of GHP’s go up to
over 30 years making them extremely cost efficient in the long run. A
booming housing sector inemerging economies around the world along
with supportive government policies is fuelling the growth of this
sector. Certain challenges like an economic slowdown in the U.S. and
a faltering construction industry may pose certain challenges for the
GHP industry. However as the economy recovers, investor and consumer
interest towards installation of such pumps is going to be
reinstated. Also the policies supporting these installations before
the economic downturn are still in place, and are likely to support
the industry as it did in the past.
Enquiry before Buying @ http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=1984
The
geothermal heat pumps may be segmented on the basis of types and end
use. The types of heat pumps may be classified as open loop systems,
closed loops systems and hybrid systems. Closed loop systems are
further sub classified into horizontal, vertical and pond/lake
systems. On the basis of end use the classification may be done as
residential, commercial, institutional and industrial.
The
U.S. has the largest worldwide GHP installed base. European markets
are also catching up with large installations in Sweden and Germany.
Asian heat pump markets are currently much less established compared
to the U.S. or Europe. However recent developments in China and Japan
in terms of acceptance of the technology and R&D for the same,
are causing significant growth in these regions. Korean markets are
growing significantly due to legislative policies being passed by the
government. Hence regional segmentations will be done as North
America, Europe and Asia Pacific.
Some
of the key players in the industry include Aquatherm Industries Inc.,
FHP Bosch Group, Airgenerate, Climate Master Inc., ECR International
Inc. and Nyle Systems among others.
Read
More Reports on Energy and Mining Markets:
http://www.transparencymarketresearch.com/energy-market-reports-3.html
About
Us:
Transparency
Market Research is a market intelligence company providing global
business information reports and services. Our exclusive blend of
quantitative forecasting and trends analysis provides forward-looking
insight for thousands of decision makers.
Follow
on Linkedin:
https://www.linkedin.com/pulse/article/20140904103505-348360467-geothermal-heat-pumps-market-2013-2019
Contact:
Transparency
Market Research
90
State Street,
Suite 700,
Albany
NY - 12207
United States
Tel: +1-518-618-1030
Suite 700,
Albany
NY - 12207
United States
Tel: +1-518-618-1030
USA
- Canada Toll Free 866-552-3453
Browse
Market Research Blogs:
No comments:
Post a Comment