Electric Heat Pump Water Heaters Market
Electric Heat Pump Water Heaters Market - Global Industry Assessment & Forecast
#
Pages:
Base Year:
2022
Nov - 2021
Format:
Report Code:
VMR-VMR-2021-0833
Segments Covered
By
Type Air Source, Geothermal
-
By
Rated Capacity Up to 10kW, 10-20 kW, 20-30kW, 30-100 kW, 100-150 kW, Above 150 kW
-
By
Storage Tank Capacity Up to 500 LT, 500-1000 LT, Above 1000 LT
-
By
End User Residential, Commercial, Industrial
-
By
Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
 Base Year:
|
2022 |
| Forecast
Years:
|
2023 - 2030 |
 Historical
Years:
|
2017 - 2021 |
 Revenue
2022: |
USD 1.62 Billion |
 Revenue 2030:
|
USD 2.71 Billion |
 Revenue CAGR
(2023 - 2030): |
6.6% |
Fastest Growing Region (2023 -
2030)
|
North America |
Largest Region (2022):
|
Asia Pacific |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
Electric Heat Pump Water Heaters Market Segment Analysis
- Electric Heat Pump Water Heaters Type Outlook (Revenue, USD Million, 2018 - 2030)
- Air Source
- Geothermal
- Electric Heat Pump Water Heaters Rated Capacity Outlook (Revenue, USD Million, 2018 - 2030)
- Up to 10kW
- 10-20 kW
- 20-30kW
- 30-100 kW
- 100-150 kW
- Above 150 kW
- Electric Heat Pump Water Heaters Storage Tank Capacity Outlook (Revenue, USD Million, 2018 - 2030)
- Up to 500 LT
- 500-1000 LT
- Above 1000 LT
- Electric Heat Pump Water Heaters End User Outlook (Revenue, USD Million, 2018 - 2030)
- Residential
- Commercial
- Industrial
-
Regional Outlook (Revenue, USD Billion/Million, 2018 - 2030)
- North America
-
North America Electric Heat Pump Water Heaters Market, by Type
- Air Source
- Geothermal
-
North America Electric Heat Pump Water Heaters Market, by Rated Capacity
- Up to 10kW
- 10-20 kW
- 20-30kW
- 30-100 kW
- 100-150 kW
- Above 150 kW
-
North America Electric Heat Pump Water Heaters Market, by Storage Tank Capacity
- Up to 500 LT
- 500-1000 LT
- Above 1000 LT
-
North America Electric Heat Pump Water Heaters Market, by End User
- Residential
- Commercial
- Industrial
- U.S.
- U.S. Electric Heat Pump Water Heaters Market, by Type
- Air Source
- Geothermal
- U.S. Electric Heat Pump Water Heaters Market, by Rated Capacity
- Up to 10kW
- 10-20 kW
- 20-30kW
- 30-100 kW
- 100-150 kW
- Above 150 kW
- U.S. Electric Heat Pump Water Heaters Market, by Storage Tank Capacity
- Up to 500 LT
- 500-1000 LT
- Above 1000 LT
- U.S. Electric Heat Pump Water Heaters Market, by End User
- Residential
- Commercial
- Industrial
- U.S. Electric Heat Pump Water Heaters Market, by Type
- Canada
- Canada Electric Heat Pump Water Heaters Market, by Type
- Air Source
- Geothermal
- Canada Electric Heat Pump Water Heaters Market, by Rated Capacity
- Up to 10kW
- 10-20 kW
- 20-30kW
- 30-100 kW
- 100-150 kW
- Above 150 kW
- Canada Electric Heat Pump Water Heaters Market, by Storage Tank Capacity
- Up to 500 LT
- 500-1000 LT
- Above 1000 LT
- Canada Electric Heat Pump Water Heaters Market, by End User
- Residential
- Commercial
- Industrial
- Canada Electric Heat Pump Water Heaters Market, by Type
-
Mexico
- Mexico Electric Heat Pump Water Heaters Market, by Type
- Air Source
- Geothermal
- Mexico Electric Heat Pump Water Heaters Market, by Rated Capacity
- Up to 10kW
- 10-20 kW
- 20-30kW
- 30-100 kW
- 100-150 kW
- Above 150 kW
- Mexico Electric Heat Pump Water Heaters Market, by Storage Tank Capacity
- Up to 500 LT
- 500-1000 LT
- Above 1000 LT
- Mexico Electric Heat Pump Water Heaters Market, by End User
- Residential
- Commercial
- Industrial
- Mexico Electric Heat Pump Water Heaters Market, by Type
-
North America Electric Heat Pump Water Heaters Market, by Type
- Europe
-
Europe Electric Heat Pump Water Heaters Market, by Type
- Air Source
- Geothermal
-
Europe Electric Heat Pump Water Heaters Market, by Rated Capacity
- Up to 10kW
- 10-20 kW
- 20-30kW
- 30-100 kW
- 100-150 kW
- Above 150 kW
-
Europe Electric Heat Pump Water Heaters Market, by Storage Tank Capacity
- Up to 500 LT
- 500-1000 LT
- Above 1000 LT
-
Europe Electric Heat Pump Water Heaters Market, by End User
- Residential
- Commercial
- Industrial
- U. K.
- U.K. Electric Heat Pump Water Heaters Market, by Type
- Air Source
- Geothermal
- U.K. Electric Heat Pump Water Heaters Market, by Rated Capacity
- Up to 10kW
- 10-20 kW
- 20-30kW
- 30-100 kW
- 100-150 kW
- Above 150 kW
- U.K. Electric Heat Pump Water Heaters Market, by Storage Tank Capacity
- Up to 500 LT
- 500-1000 LT
- Above 1000 LT
- U.K. Electric Heat Pump Water Heaters Market, by End User
- Residential
- Commercial
- Industrial
- U.K. Electric Heat Pump Water Heaters Market, by Type
- France
- France Electric Heat Pump Water Heaters Market, by Type
- Air Source
- Geothermal
- France Electric Heat Pump Water Heaters Market, by Rated Capacity
- Up to 10kW
- 10-20 kW
- 20-30kW
- 30-100 kW
- 100-150 kW
- Above 150 kW
- France Electric Heat Pump Water Heaters Market, by Storage Tank Capacity
- Up to 500 LT
- 500-1000 LT
- Above 1000 LT
- France Electric Heat Pump Water Heaters Market, by End User
- Residential
- Commercial
- Industrial
- France Electric Heat Pump Water Heaters Market, by Type
-
Germany
- Germany Electric Heat Pump Water Heaters Market, by Type
- Air Source
- Geothermal
- Germany Electric Heat Pump Water Heaters Market, by Rated Capacity
- Up to 10kW
- 10-20 kW
- 20-30kW
- 30-100 kW
- 100-150 kW
- Above 150 kW
- Germany Electric Heat Pump Water Heaters Market, by Storage Tank Capacity
- Up to 500 LT
- 500-1000 LT
- Above 1000 LT
- Germany Electric Heat Pump Water Heaters Market, by End User
- Residential
- Commercial
- Industrial
- Germany Electric Heat Pump Water Heaters Market, by Type
-
Italy
- Italy Electric Heat Pump Water Heaters Market, by Type
- Air Source
- Geothermal
- Italy Electric Heat Pump Water Heaters Market, by Rated Capacity
- Up to 10kW
- 10-20 kW
- 20-30kW
- 30-100 kW
- 100-150 kW
- Above 150 kW
- Italy Electric Heat Pump Water Heaters Market, by Storage Tank Capacity
- Up to 500 LT
- 500-1000 LT
- Above 1000 LT
- Italy Electric Heat Pump Water Heaters Market, by End User
- Residential
- Commercial
- Industrial
- Italy Electric Heat Pump Water Heaters Market, by Type
-
Spain
- Spain Electric Heat Pump Water Heaters Market, by Type
- Air Source
- Geothermal
- Spain Electric Heat Pump Water Heaters Market, by Rated Capacity
- Up to 10kW
- 10-20 kW
- 20-30kW
- 30-100 kW
- 100-150 kW
- Above 150 kW
- Spain Electric Heat Pump Water Heaters Market, by Storage Tank Capacity
- Up to 500 LT
- 500-1000 LT
- Above 1000 LT
- Spain Electric Heat Pump Water Heaters Market, by End User
- Residential
- Commercial
- Industrial
- Spain Electric Heat Pump Water Heaters Market, by Type
-
Rest of Europe
- Rest of Europe Electric Heat Pump Water Heaters Market, by Type
- Air Source
- Geothermal
- Rest of Europe Electric Heat Pump Water Heaters Market, by Rated Capacity
- Up to 10kW
- 10-20 kW
- 20-30kW
- 30-100 kW
- 100-150 kW
- Above 150 kW
- Rest of Europe Electric Heat Pump Water Heaters Market, by Storage Tank Capacity
- Up to 500 LT
- 500-1000 LT
- Above 1000 LT
- Rest of Europe Electric Heat Pump Water Heaters Market, by End User
- Residential
- Commercial
- Industrial
- Rest of Europe Electric Heat Pump Water Heaters Market, by Type
-
Europe Electric Heat Pump Water Heaters Market, by Type
- Asia Pacific
-
Asia Pacific Electric Heat Pump Water Heaters Market, by Type
- Air Source
- Geothermal
-
Asia Pacific Electric Heat Pump Water Heaters Market, by Rated Capacity
- Up to 10kW
- 10-20 kW
- 20-30kW
- 30-100 kW
- 100-150 kW
- Above 150 kW
-
Asia Pacific Electric Heat Pump Water Heaters Market, by Storage Tank Capacity
- Up to 500 LT
- 500-1000 LT
- Above 1000 LT
-
Asia Pacific Electric Heat Pump Water Heaters Market, by End User
- Residential
- Commercial
- Industrial
- China
- China Electric Heat Pump Water Heaters Market, by Type
- Air Source
- Geothermal
- China Electric Heat Pump Water Heaters Market, by Rated Capacity
- Up to 10kW
- 10-20 kW
- 20-30kW
- 30-100 kW
- 100-150 kW
- Above 150 kW
- China Electric Heat Pump Water Heaters Market, by Storage Tank Capacity
- Up to 500 LT
- 500-1000 LT
- Above 1000 LT
- China Electric Heat Pump Water Heaters Market, by End User
- Residential
- Commercial
- Industrial
- China Electric Heat Pump Water Heaters Market, by Type
- Japan
- Japan Electric Heat Pump Water Heaters Market, by Type
- Air Source
- Geothermal
- Japan Electric Heat Pump Water Heaters Market, by Rated Capacity
- Up to 10kW
- 10-20 kW
- 20-30kW
- 30-100 kW
- 100-150 kW
- Above 150 kW
- Japan Electric Heat Pump Water Heaters Market, by Storage Tank Capacity
- Up to 500 LT
- 500-1000 LT
- Above 1000 LT
- Japan Electric Heat Pump Water Heaters Market, by End User
- Residential
- Commercial
- Industrial
- Japan Electric Heat Pump Water Heaters Market, by Type
-
Germany
- Germany Electric Heat Pump Water Heaters Market, by Type
- Air Source
- Geothermal
- Germany Electric Heat Pump Water Heaters Market, by Rated Capacity
- Up to 10kW
- 10-20 kW
- 20-30kW
- 30-100 kW
- 100-150 kW
- Above 150 kW
- Germany Electric Heat Pump Water Heaters Market, by Storage Tank Capacity
- Up to 500 LT
- 500-1000 LT
- Above 1000 LT
- Germany Electric Heat Pump Water Heaters Market, by End User
- Residential
- Commercial
- Industrial
- Germany Electric Heat Pump Water Heaters Market, by Type
-
India
- India Electric Heat Pump Water Heaters Market, by Type
- Air Source
- Geothermal
- India Electric Heat Pump Water Heaters Market, by Rated Capacity
- Up to 10kW
- 10-20 kW
- 20-30kW
- 30-100 kW
- 100-150 kW
- Above 150 kW
- India Electric Heat Pump Water Heaters Market, by Storage Tank Capacity
- Up to 500 LT
- 500-1000 LT
- Above 1000 LT
- India Electric Heat Pump Water Heaters Market, by End User
- Residential
- Commercial
- Industrial
- India Electric Heat Pump Water Heaters Market, by Type
-
South Korea
- South Korea Electric Heat Pump Water Heaters Market, by Type
- Air Source
- Geothermal
- South Korea Electric Heat Pump Water Heaters Market, by Rated Capacity
- Up to 10kW
- 10-20 kW
- 20-30kW
- 30-100 kW
- 100-150 kW
- Above 150 kW
- South Korea Electric Heat Pump Water Heaters Market, by Storage Tank Capacity
- Up to 500 LT
- 500-1000 LT
- Above 1000 LT
- South Korea Electric Heat Pump Water Heaters Market, by End User
- Residential
- Commercial
- Industrial
- South Korea Electric Heat Pump Water Heaters Market, by Type
-
South East Asia
- South East Asia Electric Heat Pump Water Heaters Market, by Type
- Air Source
- Geothermal
- South East Asia Electric Heat Pump Water Heaters Market, by Rated Capacity
- Up to 10kW
- 10-20 kW
- 20-30kW
- 30-100 kW
- 100-150 kW
- Above 150 kW
- South East Asia Electric Heat Pump Water Heaters Market, by Storage Tank Capacity
- Up to 500 LT
- 500-1000 LT
- Above 1000 LT
- South East Asia Electric Heat Pump Water Heaters Market, by End User
- Residential
- Commercial
- Industrial
- South East Asia Electric Heat Pump Water Heaters Market, by Type
-
Rest of Asia Pacific
- Rest of Asia Pacific Electric Heat Pump Water Heaters Market, by Type
- Air Source
- Geothermal
- Rest of Asia Pacific Electric Heat Pump Water Heaters Market, by Rated Capacity
- Up to 10kW
- 10-20 kW
- 20-30kW
- 30-100 kW
- 100-150 kW
- Above 150 kW
- Rest of Asia Pacific Electric Heat Pump Water Heaters Market, by Storage Tank Capacity
- Up to 500 LT
- 500-1000 LT
- Above 1000 LT
- Rest of Asia Pacific Electric Heat Pump Water Heaters Market, by End User
- Residential
- Commercial
- Industrial
- Rest of Asia Pacific Electric Heat Pump Water Heaters Market, by Type
-
Asia Pacific Electric Heat Pump Water Heaters Market, by Type
- Latin America
-
Latin America Electric Heat Pump Water Heaters Market, by Type
- Air Source
- Geothermal
-
Latin America Electric Heat Pump Water Heaters Market, by Rated Capacity
- Up to 10kW
- 10-20 kW
- 20-30kW
- 30-100 kW
- 100-150 kW
- Above 150 kW
-
Latin America Electric Heat Pump Water Heaters Market, by Storage Tank Capacity
- Up to 500 LT
- 500-1000 LT
- Above 1000 LT
-
Latin America Electric Heat Pump Water Heaters Market, by End User
- Residential
- Commercial
- Industrial
- Brazil
- Brazil Electric Heat Pump Water Heaters Market, by Type
- Air Source
- Geothermal
- Brazil Electric Heat Pump Water Heaters Market, by Rated Capacity
- Up to 10kW
- 10-20 kW
- 20-30kW
- 30-100 kW
- 100-150 kW
- Above 150 kW
- Brazil Electric Heat Pump Water Heaters Market, by Storage Tank Capacity
- Up to 500 LT
- 500-1000 LT
- Above 1000 LT
- Brazil Electric Heat Pump Water Heaters Market, by End User
- Residential
- Commercial
- Industrial
- Brazil Electric Heat Pump Water Heaters Market, by Type
- Argentina
- Argentina Electric Heat Pump Water Heaters Market, by Type
- Air Source
- Geothermal
- Argentina Electric Heat Pump Water Heaters Market, by Rated Capacity
- Up to 10kW
- 10-20 kW
- 20-30kW
- 30-100 kW
- 100-150 kW
- Above 150 kW
- Argentina Electric Heat Pump Water Heaters Market, by Storage Tank Capacity
- Up to 500 LT
- 500-1000 LT
- Above 1000 LT
- Argentina Electric Heat Pump Water Heaters Market, by End User
- Residential
- Commercial
- Industrial
- Argentina Electric Heat Pump Water Heaters Market, by Type
-
Rest of Latin America
- Rest of Latin America Electric Heat Pump Water Heaters Market, by Type
- Air Source
- Geothermal
- Rest of Latin America Electric Heat Pump Water Heaters Market, by Rated Capacity
- Up to 10kW
- 10-20 kW
- 20-30kW
- 30-100 kW
- 100-150 kW
- Above 150 kW
- Rest of Latin America Electric Heat Pump Water Heaters Market, by Storage Tank Capacity
- Up to 500 LT
- 500-1000 LT
- Above 1000 LT
- Rest of Latin America Electric Heat Pump Water Heaters Market, by End User
- Residential
- Commercial
- Industrial
- Rest of Latin America Electric Heat Pump Water Heaters Market, by Type
-
Latin America Electric Heat Pump Water Heaters Market, by Type
- Middle East & Africa
-
Middle East & Africa Electric Heat Pump Water Heaters Market, by Type
- Air Source
- Geothermal
-
Middle East & Africa Electric Heat Pump Water Heaters Market, by Rated Capacity
- Up to 10kW
- 10-20 kW
- 20-30kW
- 30-100 kW
- 100-150 kW
- Above 150 kW
-
Middle East & Africa Electric Heat Pump Water Heaters Market, by Storage Tank Capacity
- Up to 500 LT
- 500-1000 LT
- Above 1000 LT
-
Middle East & Africa Electric Heat Pump Water Heaters Market, by End User
- Residential
- Commercial
- Industrial
- GCC Countries
- GCC Countries Electric Heat Pump Water Heaters Market, by Type
- Air Source
- Geothermal
- GCC Countries Electric Heat Pump Water Heaters Market, by Rated Capacity
- Up to 10kW
- 10-20 kW
- 20-30kW
- 30-100 kW
- 100-150 kW
- Above 150 kW
- GCC Countries Electric Heat Pump Water Heaters Market, by Storage Tank Capacity
- Up to 500 LT
- 500-1000 LT
- Above 1000 LT
- GCC Countries Electric Heat Pump Water Heaters Market, by End User
- Residential
- Commercial
- Industrial
- GCC Countries Electric Heat Pump Water Heaters Market, by Type
- South Africa
- South Africa Electric Heat Pump Water Heaters Market, by Type
- Air Source
- Geothermal
- South Africa Electric Heat Pump Water Heaters Market, by Rated Capacity
- Up to 10kW
- 10-20 kW
- 20-30kW
- 30-100 kW
- 100-150 kW
- Above 150 kW
- South Africa Electric Heat Pump Water Heaters Market, by Storage Tank Capacity
- Up to 500 LT
- 500-1000 LT
- Above 1000 LT
- South Africa Electric Heat Pump Water Heaters Market, by End User
- Residential
- Commercial
- Industrial
- South Africa Electric Heat Pump Water Heaters Market, by Type
-
Rest of Middle East & Africa
- Rest of Middle East & Africa Electric Heat Pump Water Heaters Market, by Type
- Air Source
- Geothermal
- Rest of Middle East & Africa Electric Heat Pump Water Heaters Market, by Rated Capacity
- Up to 10kW
- 10-20 kW
- 20-30kW
- 30-100 kW
- 100-150 kW
- Above 150 kW
- Rest of Middle East & Africa Electric Heat Pump Water Heaters Market, by Storage Tank Capacity
- Up to 500 LT
- 500-1000 LT
- Above 1000 LT
- Rest of Middle East & Africa Electric Heat Pump Water Heaters Market, by End User
- Residential
- Commercial
- Industrial
- Rest of Middle East & Africa Electric Heat Pump Water Heaters Market, by Type
-
Middle East & Africa Electric Heat Pump Water Heaters Market, by Type
- North America
FAQ
Frequently Asked Question
What is the global demand for Electric Heat Pump Water Heaters in terms of revenue?
-
The global Electric Heat Pump Water Heaters valued at USD 1.62 Billion in 2022 and is expected to reach USD 2.71 Billion in 2030 growing at a CAGR of 6.6%.
Which are the prominent players in the market?
-
The prominent players in the market are Takagi, American Water Heaters, Rinnai, Bosch, A.O. Smith, Rheem, GE Appliances, Midea, Wanward, Stiebel Eltron, Haier, Macro, Navien, Kenmore.
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 6.6% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Electric Heat Pump Water Heaters include
- Rising costs of traditional energy sources, such as gas, contribute to the appeal of electric heat pump water heaters
Which region accounted for the largest share in the market?
-
Asia Pacific was the leading regional segment of the Electric Heat Pump Water Heaters in 2022.
