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 aims to provide a comprehensive presentation of the global market for Gas Engine-driven Heat Pump (GEHP), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Gas Engine-driven Heat Pump (GEHP). 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, 2018-2023, 2024-2029, ($ millions)
• Global Gas Engine-driven Heat Pump (GEHP) Market Sales, 2018-2023, 2024-2029, (Units)
• Global top five Gas Engine-driven Heat Pump (GEHP) companies in 2022 (%)

The global Gas Engine-driven Heat Pump (GEHP) market was valued at US$ 790.5 million in 2022 and is projected to reach US$ 742.5 million by 2029, at a CAGR of -0.9% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

Global key players of gas engine-driven heat pump (GEHP) include Yanmar, Aisin Seiki, etc. Global top 2 companies hold a share about 75%. Japan is the largest market, with a share over 80%, followed by Asia Pacific Others with the share about 12%. In terms of product, 10-20HP is the largest segment, with a share over 70%. And in terms of application, the largest application is commercial application, with a share about 60%.

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, 2018-2023, 2024-2029 ($ Millions) & (Units)

Global Gas Engine-driven Heat Pump (GEHP) Market Segment Percentages, by Type, 2022 (%)

• Below 10HP
• 10-20HP
• Above 20HP

Global Gas Engine-driven Heat Pump (GEHP) Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (Units)

Global Gas Engine-driven Heat Pump (GEHP) Market Segment Percentages, by Application, 2022 (%)

• Commercial
• Schools & Universities
• Industrial & Residential

Global Gas Engine-driven Heat Pump (GEHP) Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (Units)

Global Gas Engine-driven Heat Pump (GEHP) Market Segment Percentages, By Region and Country, 2022 (%)

• 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, 2018-2023 (Estimated), ($ millions)

Key companies Gas Engine-driven Heat Pump (GEHP) revenues share in global market, 2022 (%)

Key companies Gas Engine-driven Heat Pump (GEHP) sales in global market, 2018-2023 (Estimated), (Units)

Key companies Gas Engine-driven Heat Pump (GEHP) sales share in global market, 2022 (%)

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

• Yanmar
• Aisin Seiki
• Panasonic
• Daikin
• Mitsubishi
• LG Electronics
• Schwank
• Tecogen, Inc.
• Blue Flame High-tech (Tianjin)
• Smart Action

Outline of Major Chapters:

• Chapter 1: Introduces the definition of Gas Engine-driven Heat Pump (GEHP), market overview.
• Chapter 2: Global Gas Engine-driven Heat Pump (GEHP) market size in revenue and volume.
• Chapter 3: Detailed analysis of Gas Engine-driven Heat Pump (GEHP) manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
• Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
• Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
• Chapter 6: Sales of Gas Engine-driven Heat Pump (GEHP) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
• Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
• Chapter 8: Global Gas Engine-driven Heat Pump (GEHP) capacity by region & country.
• Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
• Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
• Chapter 11: The main points and conclusions of the report.