Air to Water HP Water Heaters Market - Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players : Panasonic Corporation, Mitsubishi Electric Corporation, GE Appliances, Hitachi, Ltd., Toshiba Corporation

Over the next five years the Air to Water HP Water Heaters market will register an 8% CAGR in terms of revenue, the global market size will reach USD 2.2 billion by 2027.

Air to Water HP Water Heaters Market Overview

Air to water HP water heater delivers hot water from the outside air, unlike conventional electric resistance and solar thermal technologies that use electricity or sunlight for heating. Air to Water HP systems can be used year-round in any climate because they have no operating cost beyond the initial installation. The system provides instant on-demand 48°C (118°F) water. The Air to Water HP system is easy to install and maintain. It requires no power or maintenance beyond the initial installation, which typically costs less than $3000 for a household. Factors driving the growth of the air to water heat pump water heater market include the energy efficient technology along with the usage of non-conventional sources of energy to heat the water. In addition, supportive regulations and grants for using renewable sources of energy in different applications are also expected to play a key role in the growth of this market during the forecast period.

The report aspects discussed the profile of the top manufacturers of the global Air to Water HP Water Heaters market. These aspects include financial status of major companies, trending advancements and entire market scenario. Growth of the report have examined Air to Water HP Water Heaters Market production, demand and growth potential, geographic analysis, as well as current market developments in various regions and countries.

Who are the Major Players in Air to Water HP Water Heaters Market?

The Air to Water HP Water Heaters Market is growing at a very fast pace and has seen the focus of many local and regional vendors offering precise application products for multiple end users. The three dependencies for the status of major companies in the market are: company profile, profitable gross margin, the prices they charge. These are the main players in this market includes Panasonic, Mitsubishi Electric, GE Appliances, GREE, Midea, Darkin, A. O. Smith, Hitachi, Wotech, Zhejiang Zhongguang, New Energy, Dimplex, Hayward, Viessmann, Toshiba, Alpha-Innotec, Tongyi, Zhongrui, Thermia, Rinnai, Ochsner, Stiebel-Eltron, Sanden, Denso, Itomic, Sanyo, and others.

Industry News:

February 1, 2022 – Mitsubishi Electric Trane HVAC US (METUS), a leading supplier of energy-efficient, high-performance ductless and ducted variable-capacity heat pump systems and Variable Refrigerant Flow (VRF) heat-pump and air-conditioning systems, announces Heat2O™️, an all-electric domestic hot water heating system designed to improve sustainability and reduce energy consumption in multifamily buildings and large-scale commercial facilities. 

What are the major Applications, Types and Regions for Air to Water HP Water Heaters Market?

By Type, it is segmented into

•     CO2 Heat Pump


•     R410 Heat Pump


•     Others

Segmentation by application: 

•     Residential Use


•     Commercial Use

Air to Water HP Water Heaters Market Regional Analysis

North America region is expected to provide lucrative opportunities for the growth of water heaters owing to the rising demand from the domestic and commercial spaces in the region. Primary application of water heaters is in various growing industries such as chemical, fertilizer & pesticide and oil & natural gas for providing hot water as a utility for multiple processes is expected to drive the sales of industrial Air to Water HP Water Heaters in the region. Water heater market in Latin America is expected to witness high growth in the coming years. The region is focused on increasing the number of solar water heaters, which comprise more than 50% share in domestic applications.

All these factors greatly affect the Air to Water HP Water Heaters market growth. It further aims at providing complete overview on detailed assessment of significant features of different industries including sales volume, market revenue, and demand size, sales growth, pricing analysis and changing market growth factors in regions such as Follows,

• North America
  
  
  
  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East & Africa
  
  
  • Latin America
  
  
  
  

The Air to Water HP Water Heaters Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Air to Water HP Water Heaters Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.

What is our Air to Water HP Water Heaters Market report scope?

 Key Takeaways from this Air to Water HP Water Heaters Report

• Evaluate Air to Water HP Water Heaters market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.


• Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.


• Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.


• Analyze the sales and distribution channels across geographies to enhance top-line revenues.


• Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.


• Get a quick outlook on the Air to Water HP Water Heaters market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.


• Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.

All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.

Frequently Asked Questions

What is the study period of this market?

The Air to Water HP Water Heaters Market is studied from 2017 - 2027.

What is the growth rate of Air to Water HP Water Heaters Market?

The Air to Water HP Water Heaters Market is growing at a CAGR of 8% over the next 5 years.

Who are the key players in Air to Water HP Water Heaters Market?

Panasonic, Mitsubishi Electric, GE Appliances, GREE, Midea, Darkin, A. O. Smith, Hitachi, Wotech, Zhejiang Zhongguang, New Energy, Dimplex, Hayward, Viessmann, Toshiba, Alpha-Innotec, Tongyi, Zhongrui, Thermia, Rinnai, Ochsner, Stiebel-Eltron, Sanden, Denso, Itomic, Sanyo

What region does this Air to Water HP Water Heaters Market report covers?

North America (the United States, Canada, and Mexico)

Europe (Germany, France, UK, Russia, and Italy)

Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)

South America (Brazil, Argentina, Colombia, etc.)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

What are the significant types of Air to Water HP Water Heaters Market?

CO2 Heat Pump, R410 Heat Pump, Others

What are the major end-use applications of Air to Water HP Water Heaters Market?

Residential Use, Commercial Use