The global Gas Engine-driven Heat Pump (GEHP) market size is projected to reach USD 0.82 billion by 2029

Gas Engine-driven Heat Pump (GEHP) Definition

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 GHP? An 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 (GEHP) Picture

Source: GlobalInfoResearch, “Global Gas Engine-driven Heat Pump (GEHP) Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030”(GEHP) Market Report 2023-2029.

Gas Engine-driven Heat Pump (GEHP) Market Summary

According to the new market research report “Global Gas Engine-driven Heat Pump (GEHP) Market Report 2023-2029”, published by GIResearch, the global Gas Engine-driven Heat Pump (GEHP) market size is projected to reach USD 0.82 billion by 2029, at a CAGR of 0.4% during the forecast period.

• Global Gas Engine-driven Heat Pump (GEHP) MarketSize(US$ Million), 2018-2029

Above data is based on report from GIResearch: Global Gas Engine-driven Heat Pump (GEHP) Market Report 2023-2029 (published in 2023). If you need the latest data, plaese contact GIResearch.

• Global Gas Engine-driven Heat Pump (GEHP) Top15Players Ranking and Market Share (Ranking is based on the revenue of 2022, continually updated)

Above data is based on report from GIResearch: Global Gas Engine-driven Heat Pump (GEHP) Market Report 2023-2029 (published in 2023). If you need the latest data, plaese contact GIResearch.

According to GIResearch Top Players Research Center, the global key manufacturers of Gas Engine-driven Heat Pump (GEHP) include Yanmar, AISIN, etc. In 2022, the global top three players had a share approximately 91.0% in terms of revenue.

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