Comprising a significant amount of total heat pump demand
March 29, 2017
Demand for air source heat pumps is forecast to increase 2.5 percent per year through 2021 to $2.1 billion. Air source heat pumps comprise a significant amount of total heat pump demand, largely due to the easier installation requirements and lower initial costs than geothermal heat pumps. Air source heat pumps also compete more directly with other HVAC equipment and are a viable heating and cooling option in most buildings.
The heat pump market is growing. As new applications spur on new technology, there is a lot for contractors to keep up with, especially in air-source heat pumps. Here is a sampling of some of the residential and light commercial heat pump products available to contractors. For more information, a link has been provided with each entry.