Report overview
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.
This report 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, 2023-2030, ($ millions)
Global Gas Engine-driven Heat Pump (GEHP) Market Sales, 2018-2023, 2023-2030, (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 2030, at a CAGR of -0.9% during the forecast period 2023-2030.
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, 2023-2030 ($ 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, 2023-2030 ($ 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, 2023-2030 ($ 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
