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2023

U.S. Industrial Heat Pump Market

U.S. Industrial Heat Pump Market Size, Share, Competitive Landscape and Trend Analysis Report by System, by Source, by Capacity, by End-use Industry : Opportunity Analysis and Industry Forecast, 2021-2031

EP : Equipment and Devices

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Author's: Mohd Arbaz| Radhika Gupta | Eswara Prasad
Publish Date:

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The report provides a detailed analysis of current market trends, industry drivers & restraints, and other growth prospects.

The report covers quantitative analysis to recognize the predominant opportunities with strategic assessment of the U.S. industrial heat pump market. Along with this, the report provides information regarding the major market players and their development strategies to understand the competitive scenario of the market.

U.S. Industrial Heat Pump Market
By Capacity
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2 MW - 5 MW segment would exhibit a CAGR of 8.1% during forecast period.

Research methodology

The estimation and validation of the U.S. industrial heat pump market size and various other dependent submarkets are provided using the top-down and bottom-up approaches.

Bottom-up Approach: The bottom-up approach is used to reach the overall market size of the U.S. industrial heat pump market by estimating the revenue generation and value of the market, through secondary and primary research.

Top-down Approach

The market size obtained from the bottom-up approach is applied in the top-down approach to estimate the size of other segments presented in the table of content through percentage splits from secondary and primary research. This overall market size is used in the top-down approach to estimate national consumption.

Data Triangulation: To triangulate the data derived from the market size estimation process explained above, the total market is split into other segments.

With this methodology, AMR triangulates the market size estimation and ensures that our analysis is aligned with the industry situation.

KEY MARKET BENEFITS

  • This report provides overall information on current trends, key determinants, and future estimation of the U.S. industrial heat pump market.

  • The report is based on the market study considering 2021 as a historic year, 2022 as the base year, and estimate and forecast years from 2022-2031.

  • The market size and estimations are based on a detailed analysis of key developments in the U.S. industrial heat pump market.

  • This report provides a thorough analysis of top market players.

  • The report covers development strategies adopted by the key market players to understand the competitive scenario of the market.

COVID-19 impact analysis

The outbreak of the COVID-19 pandemic led to a remarkable impact on the global economy. The report offers an analysis of the micro and macro economic impacts of COVID-19. Moreover, the analysis outlines the direct impact of COVID-19 on the U.S. industrial heat pump market. It summarizes the detailed information regarding the market size and shares due to the impact of COVID-19. The study includes the analysis of the key market strategies adopted by key players to tackle challenges created by the global health crisis. The report further focuses on the impact of COVID-19 on the different aspects of the market, including supply chain and sales of U.S. industrial heat pump market. It further exhibits a post-COVID-19 scenario, owing to the different measures and initiatives taken by the government bodies and health organizations.

U.S. Industrial Heat Pump Market Report Highlights

Aspects Details
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By Capacity
  • Less Than 500 kW
  • 500 kW to 2 MW
  • 2 MW - 5 MW
  • More Than 5 MW
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By System
  • Closed Loop
  • Open Cycle
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By Source
  • Air
  • Water
  • Ground
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By End-use Industry
  • Lumber Drying
  • Pulp and Paper Manufacturing
  • Petroleum Refining
  • Food and Beverages
  • Chemical
  • Utilities
  • District Heating
  • Others
Author Name(s) : Mohd Arbaz| Radhika Gupta | Eswara Prasad

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U.S. Industrial Heat Pump Market

Opportunity Analysis and Industry Forecast, 2021-2031