Global Pool Heating System Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Pool Heating System Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

The pool heating system refers to the equipment used to heat the pool, so that the water in the pool can achieve a constant temperature effect, generally maintained at about 26-28 degrees Celsius, which is suitable for the temperature of the human body, and can keep the pool comfortable in all seasons. Commonly used heating methods for pool heating systems include heat pump constant temperature, electric heating, gas heating, solar heating and so on.

Market Overview:

The latest research study on the global Pool Heating System market finds that the global Pool Heating System market reached a value of USD 2283.78 million in 2022. It’s expected that the market will achieve USD 4671.85 million by 2028, exhibiting a CAGR of 12.67% during the forecast period.

The downstream market is hampered

During the outbreak of the COVID-19, people were unable to go out and their consumption was sluggish. As a result, downstream demand for Pool heating system has also declined, hampering sales. All downstream markets are also facing impacts from all levels of the industrial chain. For example, manufacturing plants that have suffered high-cost losses due to delayed resumption of work, and companies that are at risk of default due to interruptions in raw material supply, traffic control and other force majeure factors. And dealers with high pressure to pay back and a tight capital chain. In the short term, the epidemic has put pressure on companies to survive. In contrast, in the long run, it poses challenges to cash flow management, supply chain management, risk resistance and strategic positioning. With the outbreak and continuous spread of the COVID-19 epidemic, most manufacturing industries have announced that they will postpone the resumption of work. However, uncertainties in factors such as resumption time, recruitment, and employee sentiment will have a negative impact on the industry's production recovery to a certain extent.

Wide demand in downstream industries

According to the Association of Pool and Spa Professionals (ASPS), swimming is one of the most popular physical activities for people in North America. At present, heated pools have become a major investment and attraction center for residential and commercial spaces in North America. At the same time, it increases the visibility and value of the home outdoor space and becomes a differentiator for leading resorts, hotels, and water parks. In North America, leading resorts, high-end hotels, and water parks are inseparable from beautiful pools. At the same time, constant temperature pools equipped with pool heating systems not only bring added value to these commercial places but also represent quality and grade. And these products, while retaining heat, also increase water temperature quickly with low operating and maintenance costs, so the commercial sector will also see considerable growth. In addition to leading resorts, hotels, and water parks, pool heating systems are gaining popularity in pool spa applications. Pool heating equipment is used to heat the water in a pool or spa, which helps provide comfort during swimming and also aids in relaxation. Finally, the residential pool heating system market is growing due to the increasing construction of indoor heated pools.

Region Overview:

In 2022, the share of the Pool Heating System market in United States stood at 90.93%.

Company Overview:

Rheem is currently a manufacturer of heating, cooling, hot water, pool and spa heating, and commercial refrigeration products.

Segmentation Overview:

By type, Heat Pumps segment accounted for the largest share of market in 2022.

Application Overview:

By application, the Residential segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Pool Heating System market covered in Chapter 3:

ThermoAmp Inc
Aquatherm Industries, Inc
Thermeau
AquaCal
Rheem
FAFCO
Hayward
Fluidra
FibroPool
Pentair
Nibe Industrier

In Chapter 4 and Chapter 14.2, on the basis of types, the Pool Heating System market from 2018 to 2029 is primarily split into:

Heat Pumps
Electric Heaters
Gas Heaters
Solar
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Pool Heating System market from 2018 to 2029 covers:

Residential
Commercial

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)