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) Market Summary
According to the new market research report “Gas Engine-driven Heat Pump (GEHP) - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”, published by QYResearch, 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
Source: QYResearch, "Gas Engine-driven Heat Pump (GEHP) - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”
- Global Gas Engine-driven Heat Pump (GEHP) Top15Players Ranking and Market Share (Ranking is based on the revenue of 2022, continually updated)
Source: QYResearch, "Gas Engine-driven Heat Pump (GEHP) - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”
According to QYResearch 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.
Market Drivers and Opportunity:
Fast and Powerful Heating: Since it uses waste heat from a gas engine, the heating start-up is very fast. The room can be heated almost instantly. There are also very few defrosting cycles, so a constant flow of hot air can be supplied compared with EHP systems.
Low Power Consumption: GHP systems do not use any electricity other than that for driving fans or other auxiliary devices, so the power consumption is very low compared with EHP systems. Of course, ordinary power consumption is also reduced, so it helps to significantly cut the power peak during seasons when the temperature often fluctuates.
Environmentally Friendly: The GHP VRF systems have the lowest nitrogen oxide emissions. Natural gas will become the main energy source and will greatly promote the development of the GHP market.
Restraint:
Higher investment costs: Due to the presence of more components such as gas engine and heat recovery system, usually, the GEHP has an investment cost about two times higher compared to an EHP.
Difficult to Install and Occupies a lot of installation space.
Technical challenges, Operating and maintenance requirements of GHPs impose unique requirements on the engine to be used in the GHP. The engine needs to be able to run reliably for extended periods of time, 10,000 hours or more, without periodic maintenance, e.g. oil change and spark plugs replacement.
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