Gas Engine-driven Heat Pump Market

Gas Engine-driven Heat Pump (GEHP) or Gas Heat Pumps (GHP) air conditioning systems are used to comfortably heat or cool large spaces. They use gas to fuel the engine that drives the compressor. A gas heat pump is a heating appliance which uses the renewable energy stored in the soil, groundwater or the environment for heating purposes. It then combines this environmental heat with high efficiency gas-fired condensing technology.

What's GHPAn air conditioning system provides both cooling and heating by circulating refrigerant with a compressor (Heat Pump Cycle). The basic system for the heating and cooling cycle is the same as an Electric Heat Pump (EHP). The main difference between GHP and EHP is whether it uses an electric motor or a gas engine to drive the compressor in the outdoor unit, which is often called the heart of the air conditioning system. This difference realizes comfortable cooling and heating in a GHP and is the major feature of a GHP system that offers numerous advantages.

Gas Engine-driven Heat Pump Market contains market size and forecasts of Gas Engine-driven Heat Pump (GEHP) in global, including the following market information:

Global Gas Engine-driven Heat Pump (GEHP) Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Gas Engine-driven Heat Pump (GEHP) Market Sales, 2017-2022, 2023-2028, (Units)

Global top five Gas Engine-driven Heat Pump (GEHP) companies in 2021 (%)

The global Gas Engine-driven Heat Pump (GEHP) market was valued at 810.3 million in 2021 and is projected to reach US$ 765.8 million by 2028, at a CAGR of -0.8% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Below 10HP Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Gas Engine-driven Heat Pump (GEHP) include Yanmar, Aisin Seiki, Panasonic, Daikin, Mitsubishi, LG Electronics, Schwank and Tecogen, Inc., etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Gas Engine-driven Heat Pump (GEHP) manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Gas Engine-driven Heat Pump (GEHP) Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Units)

Global Gas Engine-driven Heat Pump (GEHP) Market Segment Percentages, by Type, 2021 (%)

Below 10HP

10-20HP

Above 20HP

Global Gas Engine-driven Heat Pump (GEHP) Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Units)

Global Gas Engine-driven Heat Pump (GEHP) Market Segment Percentages, by Application, 2021 (%)

Commercial

Schools & Universities

Industrial & Residential

Others

Global Gas Engine-driven Heat Pump (GEHP) Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Units)

Global Gas Engine-driven Heat Pump (GEHP) Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Gas Engine-driven Heat Pump (GEHP) revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Gas Engine-driven Heat Pump (GEHP) revenues share in global market, 2021 (%)

Key companies Gas Engine-driven Heat Pump (GEHP) sales in global market, 2017-2022 (Estimated), (Units)

Key companies Gas Engine-driven Heat Pump (GEHP) sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

Yanmar

Aisin Seiki

Panasonic

Daikin

Mitsubishi

LG Electronics

Schwank

Tecogen, Inc.