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 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.
According to this study, over the next five years the Heat Pump Water Heaters market will register a 2.9% CAGR in terms of revenue, the global market size will reach US$ 1690 million by 2024, from US$ 1420 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Heat Pump Water Heaters business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Heat Pump Water Heaters market by product type, application, key manufacturers and key regions and countries.
This study considers the Heat Pump Water Heaters value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Air Source Heat Pump
Water Source Heat Pump
Ground Source Heat Pump
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Residential Use
Commercial & Industrial Use
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
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
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Heat Pump Water Heaters consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Heat Pump Water Heaters market by identifying its various subsegments.
Focuses on the key global Heat Pump Water Heaters manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Heat Pump Water Heaters with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Heat Pump Water Heaters submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Heat Pump Water Heaters . Industry analysis & Market Report on Heat Pump Water Heaters is a syndicated market report, published as Global Heat Pump Water Heaters Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Heat Pump Water Heaters market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.