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Download Free sampleHeat Pump Water Heaters is a device which uses electricity to move heat from one place to another instead of generating heat directly. Therefore, it can be two to three times more energy efficient than conventional electric resistance water heaters. To move the heat, heat pumps work like a refrigerator in reverse.
Heat Pump Water Heaters Market contains market size and forecasts of Heat Pump Water Heaters in global, including the following market information:
Global Heat Pump Water Heaters Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Heat Pump Water Heaters Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Heat Pump Water Heaters companies in 2021 (%)
The global Heat Pump Water Heaters market was valued at 1691.4 million in 2021 and is projected to reach US$ 2062 million by 2028, at a CAGR of 2.9% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Air Source Heat Pump Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Heat Pump Water Heaters include Panasonic, Mitsubishi Electric, GE Appliances, GREE, Midea, Darkin, A. O. Smith, Hitachi and Jandy, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Heat Pump Water Heaters 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 Heat Pump Water Heaters Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Heat Pump Water Heaters Market Segment Percentages, by Type, 2021 (%)
Air Source Heat Pump
Water Source Heat Pump
Ground Source Heat Pump
Global Heat Pump Water Heaters Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Heat Pump Water Heaters Market Segment Percentages, by Application, 2021 (%)
Residential Use
Commercial & Industrial Use
Global Heat Pump Water Heaters Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Heat Pump Water Heaters Market Segment Percentages, By Region and Country, 2021 (%)
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 Heat Pump Water Heaters revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Heat Pump Water Heaters revenues share in global market, 2021 (%)
Key companies Heat Pump Water Heaters sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Heat Pump Water Heaters sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Panasonic
Mitsubishi Electric
GE Appliances
GREE
Midea
Darkin
A. O. Smith
Hitachi
Jandy
Wotech
Zhejiang Zhongguang
Pentair
New Energy
Dimplex
Hayward
Viessmann
Toshiba
Alpha-Innotec
Tongyi
Zhongrui
Thermia
Itomic
Rheem
Hangzhou Jinjiang Solar
Ochsner
Stiebel-Eltron
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