TechNavio today launched its report, Heat Pump Market in China 2012-2016, based on an in-depth analysis exclusively focusing on China. The report aims to aid decision makers’ understanding of the significant trends impacting this market.
Commenting on the report, an analyst from TechNavio’s Engineering team said: ”Increasing awareness about the latest technological developments is one of the major trends in the Heat Pump market in China. Several organizations in China started creating awareness regarding the latest technological developments and the benefits of implementation of heat pumps in various buildings such as industrial buildings, commercial buildings, and residential buildings. Thus, several vendors in the Heat Pump market in China exhibit their products at exhibitions and air their advertisements across the television channels. Further, they also conduct road shows in several cities across the developing provinces in China.”
According to the report, one of the main drivers is the increasing demand for air source heat pumps. The adoption of air source heat pumps is increasing in China as they are more energy efficient and comparatively cheaper than other conventional heating equipment.
Further, the report reveals that one of the main challenges in this market is the need for high initial investment.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/content/heat-pump-market-china-2012-2016
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic market research reports on niche and emerging technologies. For more information on our Engineering market research, please visit https://www.technavio.com/engineering-software
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TechNavio Announces the Publication of its Research Report – Heat Pump Market in China 2012-2016
