Electric Heat Pump Water Heaters Market
Electric Heat Pump Water Heaters Market - Global Industry Assessment & Forecast
#
Pages:
2022
Nov - 2021
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
Research Methodology: Electric Heat Pump Water Heaters Market by Type by Rated Capacity by Storage Tank Capacity by End User by Region - Global Market Assessment, 2021 - 2028
Secondary Research
Primary Research:
Data Triangulation and Market Size Estimations
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.
