Water Source Heat Pump Market Trends, Share, Scope, and Research Insights by 2027

Water Source Heat Pumps: Introduction

A water source heat pump operates in a manner similar to a regular air pump except the fact that it transfers and extracts heat by using water as a source instead of air
A water source heat pump works by cycling water through a system of pipes that are laid out at the bottom of a water body or reservoir. The water cycled through pipes captures heat from the water body and dissipates it into the house.
Water source heat pumps are used in two kinds of heat pump systems: geothermal systems and water loop systems
Use of water source heat pumps can save a lot of money and protect the environment from harmful emissions

Key Drivers of Global Water Source Heat Pump Market

Water source heat pump systems are used in commercial buildings, such as shopping malls, hotels, and libraries, which require different temperature zones. Some of these buildings require cooling, while others require heating. Thus, the building & construction industry is a major customer of water source heat pumps.
Governments have imposed regulations on developers regarding zero carbon emissions from construction. As per these regulations, a whole-life carbon assessment should be conducted for all construction projects. Use of devices with low carbon emissions, such as water source heat pumps, proves highly useful to meet these regulations imposed on developers. This, in turn, is projected to drive the global water source heat pump market during the forecast period.
Onshore oil and gas service companies operate under harsh and extreme climatic conditions. Ground source or water source heat pumps can operate under these conditions.

Planning To Lay Down Future Strategy? Request Sample https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=74224

Key Restraints of Global Water Source Heat Pump Market:

Water source heat pumps need to be located close to a conditioned space, where it can generate radiated sound. However, different measures have been practiced to reduce this radiated sound to acceptable decibel levels.
A water source heat pump requires an individual condensate piping line to be run from the unit
With insufficient water supply, a water source heat pump lowers the temperature of the water to the point at which the system would not run much efficiently or would get dysfunctional. The more the heat needs to be generated, the larger the water source required.

Major Developments

In January 2019, Vital Energi announced its plans to start working on Scotland’s first major water-source heat pump. Vital Energi would deliver the pump, which would be installed at the GBP-250-Mn Queen’s Quay regeneration project in Clydebank, Scotland. The GBP-15-Mn energy project would provide heat for the area’s homes, businesses, and a few public buildings.
On January 2019, The Whalen Co. introduced the Closetline CAS packaged heat pump. Its capacities range from 0.5 tons to 5.0 tons, with 13.5 or 17.0 EER (Energy Efficient Ratio) at WLHP conditions in a compact cabinet designed for ease of service.

Asia Pacific to Hold a Major Share of Global Water Source Heat Pump Market

Based on region, the global water source heat pump market can be classified into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa
Asia Pacific dominates the global market and the trend is estimated to continue during the forecast period also, due to rapid urbanization and industrialization in major economies such as China, South Korea, and India.
Initiatives for shift toward renewable energy sources from the conventional energy by governments in countries of Asia Pacific are expected to have a positive impact on the global market for water source hear pumps during the forecast period

Curious? Request To Access Market Data Water Source Heat Pump Market

Key Players Operating in Global Market:

Some of the key players operating in the global water source heat pump market are:

ClimateMaster Inc.
Mississippi Power
Energy Star
Water Furnace International Ltd.
Florida Heat Pump Manufacturing
Bryant Heating & Cooling Systems
Johnson Controls
Mc Quay International
Carrier
Trane
Dunham Bush
Daikin
STIEBEL ELTRON
CIAT
Fujitsu
Vital Energi
Danfoss Groupe

More Trending Reports by Transparency Market Research –

Hair Care Market https://globenewswire.com/news-release/2019/01/23/1704301/0/en/Increasing-Level-of-Pollution-and-Innovative-in-Products-to-Boost-Global-Hair-Care-Market-States-TMR.html

Self-Driving Car Market https://www.prnewswire.com/news-releases/safety-and-security-are-two-major-points-of-focus-for-the-players-of-global-self-driving-car-market--transparency-market-research-301000238.html

Lipid Profile Market: Information, Figures And Analytical Insights 2027 | Abbott., Akers Biosciences, Inc., Beckman Coulter

Emerging product trends, major drivers, challenges and opportunities in the market are identified and analysed apparently while generating this credible Lipid Profile Market analysis report. It helps customers or other market participants to be aware of the problems they may face while operating in the Lipid Profile industry over a longer period of time. The market data is analysed and forecasted using well established market statistical and coherent models. The global Lipid Profile business report is generated based on the market type, size of the organization, availability on-premises, the end-users’ organization type, and the availability in areas such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. The scope of this Lipid Profile Market report extends from market scenarios to comparative pricing between major players, cost and profit of the specified market regions. The data collected to structur...

Cryptocurrency Market: Opportunity Analysis and Industry Forecast Up To 2025

The growing popularity of digital currency has played an integral role in driving sales across the global cryptocurrency market. The use of digital ledgers and blockchain technology across the financial space has emerged as an important dynamic of market growth. Moreover, investments in various forms of cryptocurrency have led to market growth and maturity. Several industry analysts consider cryptocurrency as a lucrative digital currency that could revolutionize the area of transactions. The availability of digital ledgers floating across the cryptocurrency ecosystem has helped in reconciling the use of this currency. Considering the factors stated above, it is legit to believe that the global cryptocurrency market would gain momentum in the times of follow. Transparency Market Research (TMR), in it report, predicts that the global cryptocurrency market would grow at a boisterous CAGR of 31.30% over the period between 2017 and 2025. The total value of the glo...

Agricultural Sprayers Market To 2027 Market Development, Overview and Forecast | Deere & Company, CNH Industrial, Exel Industries

This large scale Agricultural Sprayers Market research report involves six major parameters namely market analysis, market definition, market segmentation, key developments in the market, competitive analysis, and research methodology. The report identifies and analyses the emerging trends along with major drivers, challenges and opportunities in the market. Agricultural Sprayers Market report helps uncover the general market conditions and tendencies. Clients accomplish unparalleled insights and acquaintance of the best market opportunities into their respective markets from this market report. The Agricultural Sprayers Market document assist businesses with the intelligent decision making and better manage marketing of goods which ultimately leads to growth in the business. Request an analyst call or drop down an enquiry to get thorough Agricultural Sprayers Market report. Different markets, marketing strategies, trends, future products and emerging opportunities are taken...

Research Blogs

Search This Blog