The global Heat Pump Water Heaters market was valued at 145.61 Million USD in 2021 and will grow with a CAGR of 2.42% from 2021 to 2027, based on Research newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
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.
By Market Verdors:
- 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
By Types:
- Air Source Heat Pump
- Water Source Heat Pump
- Ground Source Heat Pump
By Applications:
- Residential Use
- Commercial & Industrial Use
Key Indicators Analysed
- Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the markets competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
- Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
- Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
- Opportunities and Drivers: Identifying the Growing Demands and New Technology
- Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
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- To understand the future outlook and prospects for the market.
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