The Heat Pump Water Heaters market was valued at 1420 Million US$ in 2022 and is projected to reach 1750 Million US$ by 2027, at a CAGR of 2.6% during the forecast period.
Heat Pump Water Heaters Market Overview
The downstream industries of heat pump water heater products are residential, commercial and industrial. In the recent years, with the recovery of global economic, the development of emerging countries and the spurring of individual spending, the consumption increase of heat pump water heater will be obvious. In the foreseeable future, the heat pump water heater products will show an optimistic upward trend.
Although sales of heat pump water heater products bring a lot of opportunities, the study group recommends the new entrants who just have money but without technical advantage, raw materials advantage and downstream support, do not enter into the heat pump water heater field hastily.
Based on the Heat Pump Water Heaters market development status, competitive landscape and development model in different regions of the world, this report is dedicated to providing niche markets, potential risks and comprehensive competitive strategy analysis in different fields of Manufacturing & Construction. From the competitive advantages of different types of products and services, the development opportunities and consumption characteristics and structure analysis of the downstream application fields are all analyzed in detail. To Boost Growth of Heat Pump Water Heaters during the epidemic era, this report analyzes in detail for the potential risks and opportunities which can be focused on.
The report also assesses the key opportunities in the Heat Pump Water Heaters market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall global Heat Pump Water Heaters Market has also been forecasted for the period 2021-2026, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.
Who are the Major Players in the Heat Pump Water Heaters Market?
The global Heat Pump Water Heaters includes the identification and analysis of the various market participants competing in the global market. Prominent competitors include Hill-Rom, Timbercon, Integra LifeSciences Holdings Corporation (NasdaqGS : IART), LEONI AG (XETRA :LEO.DE), Fiberguide, AMS, Coherent, Molex, Newport and others.
Recent Development:
Panasonic Announces Preparations for Stock Exchange Listing of its Supply Chain Management Business
Japan's Osaka Panasonic Holdings Corporation stated today that its Board of Directors has decided to begin planning for a prospective stock exchange listing of Panasonic Connect Co., Ltd's supply chain management company (SCM business) (CEO: Yasuyuki Higuchi). The Panasonic Group hopes to boost its competitiveness by allowing each operating company to act more autonomously and fully implement autonomous management with the adoption of the operating company structure. Following that, it was considered that, given the business's features and the market climate, a stock exchange listing of the SCM business would be the best option to use capital markets to accelerate global growth.
What are the major Applications, Types and Regions for Heat Pump Water Heaters Market?
Heat Pump Water Heaters Market is segmented based on the type, applications, companies and regions.
By Type, Heat Pump Water Heaters Market has been segmented into
- Air Source Heat Pump
- Water Source Heat Pump
- Ground Source Heat Pump
- Others
The end user’s industry application on Heat Pump Water Heaters Market is,
- Residential Use
- Commercial & Industrial Use
- Others
Regional Analysis:
The global heat pump water heater market is studied across different regions like North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America accounted for the major share of the global market, as the region is investing in renewable energy and energy-efficient products. The North America market is also increasing due to the growing investments in renewable energy projects in the US. Asia-Pacific is the fastest-growing region for the heat pump water heater market, owing to the rising adaptation of energy-efficient products. Europe, Latin America, and the Middle East and Africa are the regions that are growing steadily.
What is our Heat Pump Water Heaters Market report scope?
The report incorporates in-depth assessment of the competitive landscape, product market sizing, product benchmarking, market trends, product developments, financial analysis, strategic analysis and so on to gauge the impact forces and potential opportunities of the market. Apart from this the report also includes a study of major developments in the market such as product launches, agreements, acquisitions, collaborations, mergers and so on to comprehend the prevailing market dynamics at present and its impact during the forecast period 2022-2027. The report presents the analysis of Heat Pump Water Heaters Market for the historical period of 2017-2021 and the forecast period of 2022-2027.
The key insights of the report have been presented through the frameworks of Major Mergers & Acquisitions, Technological Innovations, and Role of Manufacturers during COVID19 Pandemic. Additionally, the major opportunities, trends, drivers and challenges of the industry has been analyzed in the report.
Reports Attributes
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Report Details
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Forecast Period 2022 to 2027 CAGR
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CAGR of 3.1% during the review period (2022 to 2027).
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By Type
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- Air Source Heat Pump
- Water Source Heat Pump
- Ground Source Heat Pump
- Others
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By Application
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- Residential Use
- Commercial & Industrial Use
- Others
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By Companies
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Hill-Rom, Timbercon, Integra LifeSciences Holdings Corporation (NasdaqGS :IART), LEONI AG (XETRA :LEO.DE), Fiberguide, AMS, Coherent, Molex, Newport
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Regions Covered
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• North America
• Europe
• Asia-Pacific
• Rest of the World
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Countries Covered
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• US
• Canada
• Germany
• France
• UK
• Italy
• Spain
• Rest of Europe
• China
• Japan
• India
• Australia
• South Korea
• Rest of Asia-Pacific
• Middle East & Africa
• Latin America
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Base Year
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2022
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Historical Year
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2017 to 2021
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Forecast Year
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2022 to 2027
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Number of Pages
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133
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Customization Available
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Yes, the report can be customized as per your needs
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Key Takeaways from this Heat Pump Water Heaters Report
- Evaluate Heat Pump 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 - key driving factors, challenges and hidden opportunities.
- Get in-depth insights on your competitor performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
- Analyze the sales and distribution channels across key geographies to improve top-line revenues.
- Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.
- Get a quick outlook on the Heat Pump Water Heaters market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.
- Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.
All our reports are customizable 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 to your needs.
Frequently Asked Questions
What is the study period of this market?
The Heat Pump Water Heaters Market is studied from 2017 - 2027.
Who are the key players in Heat Pump Water Heaters Market?
Panasonic Holdings Corporation (OTC :PCRFY), Mitsubishi Electric Corporation (OTC MIELY), 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 and others.
What are the significant types of Heat Pump Water Heaters Market?
Air Source Heat Pump, Water Source Heat Pump, Ground Source Heat Pump, Others
What are the major end-use applications of the Heat Pump Water Heaters Market?
Residential Use, Commercial & Industrial Use, Others.
What segments are covered in the Heat Pump Water Heaters Market report?
The Global Heat Pump Water Heaters Market is Segmented on the basic of Product, Application, and Geography.
How can I get a sample report/company profile for the Heat Pump Water Heaters Market?
The sample report for the Heat Pump Water Heaters Market can be obtained on demand from the website. Also, the 24*7 chat support & direct call services are provided to procure the sample report.
