Global Heat Pump Water Heaters Market Research Report 2024(Status and Outlook)

Global Heat Pump Water Heaters Market Research Report 2024(Status and Outlook)



Report Overview:

Heat 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.

The Global Heat Pump Water Heaters Market Size was estimated at USD 1700.89 million in 2023 and is projected to reach USD 2030.96 million by 2029, exhibiting a CAGR of 3.00% during the forecast period.

This report provides a deep insight into the global Heat Pump Water Heaters market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Heat Pump Water Heaters Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Heat Pump Water Heaters market in any manner.

Global Heat Pump Water Heaters Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

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

Market Segmentation (by Type)

Air Source Heat Pump

Water Source Heat Pump

Ground Source Heat Pump

Market Segmentation (by Application)

Residential Use

Commercial & Industrial Use

Geographic Segmentation
  • North America (USA, Canada, Mexico)
  • Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
  • Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
  • South America (Brazil, Argentina, Columbia, Rest of South America)
  • The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Key Benefits of This Market Research:
  • Industry drivers, restraints, and opportunities covered in the study
  • Neutral perspective on the market performance
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Potential & niche segments and regions exhibiting promising growth covered
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the Heat Pump Water Heaters Market
  • Overview of the regional outlook of the Heat Pump Water Heaters Market:
Key Reasons to Buy this Report:
  • Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
  • This enables you to anticipate market changes to remain ahead of your competitors
  • You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents
  • The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
  • Provision of market value (USD Billion) data for each segment and sub-segment
  • Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
  • Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
  • Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
  • Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
  • The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
  • Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis
  • Provides insight into the market through Value Chain
  • Market dynamics scenario, along with growth opportunities of the market in the years to come
  • 6-month post-sales analyst support
Customization of the Report

In case of any queries or customization requirements, please connect with our sales team, who will ensure that your requirements are met.

Note: this report may need to undergo a final check or review and this could take about 48 hours.

Chapter Outline

Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.

Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the Heat Pump Water Heaters Market and its likely evolution in the short to mid-term, and long term.

Chapter 3 makes a detailed analysis of the Market's Competitive Landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.

Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.

Chapter 5 introduces the latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.

Chapter 9 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.

Chapter 10 provides a quantitative analysis of the market size and development potential of each region in the next five years.

Chapter 11 provides a quantitative analysis of the market size and development potential of each market segment (product type and application) in the next five years.

Chapter 12 is the main points and conclusions of the report.


1 Research Methodology and Statistical Scope
1.1 Market Definition and Statistical Scope of Heat Pump Water Heaters
1.2 Key Market Segments
1.2.1 Heat Pump Water Heaters Segment by Type
1.2.2 Heat Pump Water Heaters Segment by Application
1.3 Methodology & Sources of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown and Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 Heat Pump Water Heaters Market Overview
2.1 Global Market Overview
2.1.1 Global Heat Pump Water Heaters Market Size (M USD) Estimates and Forecasts (2019-2030)
2.1.2 Global Heat Pump Water Heaters Sales Estimates and Forecasts (2019-2030)
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
3 Heat Pump Water Heaters Market Competitive Landscape
3.1 Global Heat Pump Water Heaters Sales by Manufacturers (2019-2024)
3.2 Global Heat Pump Water Heaters Revenue Market Share by Manufacturers (2019-2024)
3.3 Heat Pump Water Heaters Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.4 Global Heat Pump Water Heaters Average Price by Manufacturers (2019-2024)
3.5 Manufacturers Heat Pump Water Heaters Sales Sites, Area Served, Product Type
3.6 Heat Pump Water Heaters Market Competitive Situation and Trends
3.6.1 Heat Pump Water Heaters Market Concentration Rate
3.6.2 Global 5 and 10 Largest Heat Pump Water Heaters Players Market Share by Revenue
3.6.3 Mergers & Acquisitions, Expansion
4 Heat Pump Water Heaters Industry Chain Analysis
4.1 Heat Pump Water Heaters Industry Chain Analysis
4.2 Market Overview of Key Raw Materials
4.3 Midstream Market Analysis
4.4 Downstream Customer Analysis
5 The Development and Dynamics of Heat Pump Water Heaters Market
5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Market Restraints
5.5 Industry News
5.5.1 New Product Developments
5.5.2 Mergers & Acquisitions
5.5.3 Expansions
5.5.4 Collaboration/Supply Contracts
5.6 Industry Policies
6 Heat Pump Water Heaters Market Segmentation by Type
6.1 Evaluation Matrix of Segment Market Development Potential (Type)
6.2 Global Heat Pump Water Heaters Sales Market Share by Type (2019-2024)
6.3 Global Heat Pump Water Heaters Market Size Market Share by Type (2019-2024)
6.4 Global Heat Pump Water Heaters Price by Type (2019-2024)
7 Heat Pump Water Heaters Market Segmentation by Application
7.1 Evaluation Matrix of Segment Market Development Potential (Application)
7.2 Global Heat Pump Water Heaters Market Sales by Application (2019-2024)
7.3 Global Heat Pump Water Heaters Market Size (M USD) by Application (2019-2024)
7.4 Global Heat Pump Water Heaters Sales Growth Rate by Application (2019-2024)
8 Heat Pump Water Heaters Market Segmentation by Region
8.1 Global Heat Pump Water Heaters Sales by Region
8.1.1 Global Heat Pump Water Heaters Sales by Region
8.1.2 Global Heat Pump Water Heaters Sales Market Share by Region
8.2 North America
8.2.1 North America Heat Pump Water Heaters Sales by Country
8.2.2 U.S.
8.2.3 Canada
8.2.4 Mexico
8.3 Europe
8.3.1 Europe Heat Pump Water Heaters Sales by Country
8.3.2 Germany
8.3.3 France
8.3.4 U.K.
8.3.5 Italy
8.3.6 Russia
8.4 Asia Pacific
8.4.1 Asia Pacific Heat Pump Water Heaters Sales by Region
8.4.2 China
8.4.3 Japan
8.4.4 South Korea
8.4.5 India
8.4.6 Southeast Asia
8.5 South America
8.5.1 South America Heat Pump Water Heaters Sales by Country
8.5.2 Brazil
8.5.3 Argentina
8.5.4 Columbia
8.6 Middle East and Africa
8.6.1 Middle East and Africa Heat Pump Water Heaters Sales by Region
8.6.2 Saudi Arabia
8.6.3 UAE
8.6.4 Egypt
8.6.5 Nigeria
8.6.6 South Africa
9 Key Companies Profile
9.1 Panasonic
9.1.1 Panasonic Heat Pump Water Heaters Basic Information
9.1.2 Panasonic Heat Pump Water Heaters Product Overview
9.1.3 Panasonic Heat Pump Water Heaters Product Market Performance
9.1.4 Panasonic Business Overview
9.1.5 Panasonic Heat Pump Water Heaters SWOT Analysis
9.1.6 Panasonic Recent Developments
9.2 Mitsubishi Electric
9.2.1 Mitsubishi Electric Heat Pump Water Heaters Basic Information
9.2.2 Mitsubishi Electric Heat Pump Water Heaters Product Overview
9.2.3 Mitsubishi Electric Heat Pump Water Heaters Product Market Performance
9.2.4 Mitsubishi Electric Business Overview
9.2.5 Mitsubishi Electric Heat Pump Water Heaters SWOT Analysis
9.2.6 Mitsubishi Electric Recent Developments
9.3 GE Appliances
9.3.1 GE Appliances Heat Pump Water Heaters Basic Information
9.3.2 GE Appliances Heat Pump Water Heaters Product Overview
9.3.3 GE Appliances Heat Pump Water Heaters Product Market Performance
9.3.4 GE Appliances Heat Pump Water Heaters SWOT Analysis
9.3.5 GE Appliances Business Overview
9.3.6 GE Appliances Recent Developments
9.4 GREE
9.4.1 GREE Heat Pump Water Heaters Basic Information
9.4.2 GREE Heat Pump Water Heaters Product Overview
9.4.3 GREE Heat Pump Water Heaters Product Market Performance
9.4.4 GREE Business Overview
9.4.5 GREE Recent Developments
9.5 Midea
9.5.1 Midea Heat Pump Water Heaters Basic Information
9.5.2 Midea Heat Pump Water Heaters Product Overview
9.5.3 Midea Heat Pump Water Heaters Product Market Performance
9.5.4 Midea Business Overview
9.5.5 Midea Recent Developments
9.6 Darkin
9.6.1 Darkin Heat Pump Water Heaters Basic Information
9.6.2 Darkin Heat Pump Water Heaters Product Overview
9.6.3 Darkin Heat Pump Water Heaters Product Market Performance
9.6.4 Darkin Business Overview
9.6.5 Darkin Recent Developments
9.7 A. O. Smith
9.7.1 A. O. Smith Heat Pump Water Heaters Basic Information
9.7.2 A. O. Smith Heat Pump Water Heaters Product Overview
9.7.3 A. O. Smith Heat Pump Water Heaters Product Market Performance
9.7.4 A. O. Smith Business Overview
9.7.5 A. O. Smith Recent Developments
9.8 Hitachi
9.8.1 Hitachi Heat Pump Water Heaters Basic Information
9.8.2 Hitachi Heat Pump Water Heaters Product Overview
9.8.3 Hitachi Heat Pump Water Heaters Product Market Performance
9.8.4 Hitachi Business Overview
9.8.5 Hitachi Recent Developments
9.9 Jandy
9.9.1 Jandy Heat Pump Water Heaters Basic Information
9.9.2 Jandy Heat Pump Water Heaters Product Overview
9.9.3 Jandy Heat Pump Water Heaters Product Market Performance
9.9.4 Jandy Business Overview
9.9.5 Jandy Recent Developments
9.10 Wotech
9.10.1 Wotech Heat Pump Water Heaters Basic Information
9.10.2 Wotech Heat Pump Water Heaters Product Overview
9.10.3 Wotech Heat Pump Water Heaters Product Market Performance
9.10.4 Wotech Business Overview
9.10.5 Wotech Recent Developments
9.11 Zhejiang Zhongguang
9.11.1 Zhejiang Zhongguang Heat Pump Water Heaters Basic Information
9.11.2 Zhejiang Zhongguang Heat Pump Water Heaters Product Overview
9.11.3 Zhejiang Zhongguang Heat Pump Water Heaters Product Market Performance
9.11.4 Zhejiang Zhongguang Business Overview
9.11.5 Zhejiang Zhongguang Recent Developments
9.12 Pentair
9.12.1 Pentair Heat Pump Water Heaters Basic Information
9.12.2 Pentair Heat Pump Water Heaters Product Overview
9.12.3 Pentair Heat Pump Water Heaters Product Market Performance
9.12.4 Pentair Business Overview
9.12.5 Pentair Recent Developments
9.13 New Energy
9.13.1 New Energy Heat Pump Water Heaters Basic Information
9.13.2 New Energy Heat Pump Water Heaters Product Overview
9.13.3 New Energy Heat Pump Water Heaters Product Market Performance
9.13.4 New Energy Business Overview
9.13.5 New Energy Recent Developments
9.14 Dimplex
9.14.1 Dimplex Heat Pump Water Heaters Basic Information
9.14.2 Dimplex Heat Pump Water Heaters Product Overview
9.14.3 Dimplex Heat Pump Water Heaters Product Market Performance
9.14.4 Dimplex Business Overview
9.14.5 Dimplex Recent Developments
9.15 Hayward
9.15.1 Hayward Heat Pump Water Heaters Basic Information
9.15.2 Hayward Heat Pump Water Heaters Product Overview
9.15.3 Hayward Heat Pump Water Heaters Product Market Performance
9.15.4 Hayward Business Overview
9.15.5 Hayward Recent Developments
9.16 Viessmann
9.16.1 Viessmann Heat Pump Water Heaters Basic Information
9.16.2 Viessmann Heat Pump Water Heaters Product Overview
9.16.3 Viessmann Heat Pump Water Heaters Product Market Performance
9.16.4 Viessmann Business Overview
9.16.5 Viessmann Recent Developments
9.17 Toshiba
9.17.1 Toshiba Heat Pump Water Heaters Basic Information
9.17.2 Toshiba Heat Pump Water Heaters Product Overview
9.17.3 Toshiba Heat Pump Water Heaters Product Market Performance
9.17.4 Toshiba Business Overview
9.17.5 Toshiba Recent Developments
9.18 Alpha-Innotec
9.18.1 Alpha-Innotec Heat Pump Water Heaters Basic Information
9.18.2 Alpha-Innotec Heat Pump Water Heaters Product Overview
9.18.3 Alpha-Innotec Heat Pump Water Heaters Product Market Performance
9.18.4 Alpha-Innotec Business Overview
9.18.5 Alpha-Innotec Recent Developments
9.19 Tongyi
9.19.1 Tongyi Heat Pump Water Heaters Basic Information
9.19.2 Tongyi Heat Pump Water Heaters Product Overview
9.19.3 Tongyi Heat Pump Water Heaters Product Market Performance
9.19.4 Tongyi Business Overview
9.19.5 Tongyi Recent Developments
9.20 Zhongrui
9.20.1 Zhongrui Heat Pump Water Heaters Basic Information
9.20.2 Zhongrui Heat Pump Water Heaters Product Overview
9.20.3 Zhongrui Heat Pump Water Heaters Product Market Performance
9.20.4 Zhongrui Business Overview
9.20.5 Zhongrui Recent Developments
9.21 Thermia
9.21.1 Thermia Heat Pump Water Heaters Basic Information
9.21.2 Thermia Heat Pump Water Heaters Product Overview
9.21.3 Thermia Heat Pump Water Heaters Product Market Performance
9.21.4 Thermia Business Overview
9.21.5 Thermia Recent Developments
9.22 Itomic
9.22.1 Itomic Heat Pump Water Heaters Basic Information
9.22.2 Itomic Heat Pump Water Heaters Product Overview
9.22.3 Itomic Heat Pump Water Heaters Product Market Performance
9.22.4 Itomic Business Overview
9.22.5 Itomic Recent Developments
9.23 Rheem
9.23.1 Rheem Heat Pump Water Heaters Basic Information
9.23.2 Rheem Heat Pump Water Heaters Product Overview
9.23.3 Rheem Heat Pump Water Heaters Product Market Performance
9.23.4 Rheem Business Overview
9.23.5 Rheem Recent Developments
9.24 Hangzhou Jinjiang Solar
9.24.1 Hangzhou Jinjiang Solar Heat Pump Water Heaters Basic Information
9.24.2 Hangzhou Jinjiang Solar Heat Pump Water Heaters Product Overview
9.24.3 Hangzhou Jinjiang Solar Heat Pump Water Heaters Product Market Performance
9.24.4 Hangzhou Jinjiang Solar Business Overview
9.24.5 Hangzhou Jinjiang Solar Recent Developments
9.25 Ochsner
9.25.1 Ochsner Heat Pump Water Heaters Basic Information
9.25.2 Ochsner Heat Pump Water Heaters Product Overview
9.25.3 Ochsner Heat Pump Water Heaters Product Market Performance
9.25.4 Ochsner Business Overview
9.25.5 Ochsner Recent Developments
9.26 Stiebel-Eltron
9.26.1 Stiebel-Eltron Heat Pump Water Heaters Basic Information
9.26.2 Stiebel-Eltron Heat Pump Water Heaters Product Overview
9.26.3 Stiebel-Eltron Heat Pump Water Heaters Product Market Performance
9.26.4 Stiebel-Eltron Business Overview
9.26.5 Stiebel-Eltron Recent Developments
10 Heat Pump Water Heaters Market Forecast by Region
10.1 Global Heat Pump Water Heaters Market Size Forecast
10.2 Global Heat Pump Water Heaters Market Forecast by Region
10.2.1 North America Market Size Forecast by Country
10.2.2 Europe Heat Pump Water Heaters Market Size Forecast by Country
10.2.3 Asia Pacific Heat Pump Water Heaters Market Size Forecast by Region
10.2.4 South America Heat Pump Water Heaters Market Size Forecast by Country
10.2.5 Middle East and Africa Forecasted Consumption of Heat Pump Water Heaters by Country
11 Forecast Market by Type and by Application (2025-2030)
11.1 Global Heat Pump Water Heaters Market Forecast by Type (2025-2030)
11.1.1 Global Forecasted Sales of Heat Pump Water Heaters by Type (2025-2030)
11.1.2 Global Heat Pump Water Heaters Market Size Forecast by Type (2025-2030)
11.1.3 Global Forecasted Price of Heat Pump Water Heaters by Type (2025-2030)
11.2 Global Heat Pump Water Heaters Market Forecast by Application (2025-2030)
11.2.1 Global Heat Pump Water Heaters Sales (K Units) Forecast by Application
11.2.2 Global Heat Pump Water Heaters Market Size (M USD) Forecast by Application (2025-2030)
12 Conclusion and Key Findings

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