The heat pump water heater market was valued at US$ 1.4 Billion in FY 2021, reaching US$ 1.6 Billion in 2022. During the forecast period ranging from 2022 to 2032, the market is poised to incline at a 6.8% value CAGR, concluding at a valuation of US$ 3.08 Billion.
The utilization of air, water, or geothermal heat to generate hot water is one of the prominent features offered by heat pump water heaters, which in turn, will proliferate their industry outlook in the coming years.
A specified study of the competitive landscape of the global Heat Pump Water Heater Market has allow, providing insights into the corporate profiles, financial position, recent developments, mergers and acquisitions, and therefore the SWOT analysis. This analysis report will provide a patent subject to reader’s concern regarding the overall market situation to further choose on this market project.
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The report discusses in detail the various important aspects of the Heat Pump Water Heater market. The report has an intelligent insight on critical aspects that are essential to good growth in the Heat Pump Water Heater market. Some of these features include market size, growth, revenue, sales, demand, risks, threats, opportunities, economic forecast and history, and much more. The report is based on factual data assessed by our research analysts to give our clients a complete overview of the Heat Pump Water Heater market landscape and prepare a business canvas accordingly.
The Heat Pump Water Heater Market report profiles the successive companies, which includes: –
- STIEBEL ELTRON GmbH & Co. KG
- Daikin Industries Ltd.
- Glen Dimplex Group
- Panasonic Corporation
- Samsung Electronics Co. Ltd.
- LG Electronics
- Rheem Manufacturing Company
- Ariston Holding N.V
- Bradford White Corporation
- Rinnai Corporation
- Hubbell Electric Heater Co.
- Vaillant Group
- SmartHeat Deutschland GmbH
- Mitsubishi Electric Corporation
- Lochinvar Limited
Fact.MR analysts are currently analyzing and coordinating their insights on the effect of COVID-19 across diverse industry verticals. These insights are quite promising for several businesses and ventures to cope up with this unprecedented downturn and take effective strategic decisions to expand and proliferate within a competitive business ecosystem.
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- By Application :
- Residential Applications
- Single Family
- Commercial Applications
- By Capacity :
- Less than 50 Gallons
- 50-100 Gallons
- 00-200 Gallons
- Above 200 Gallons
Market Segment by Regions, regional analysis covers:
- North America
- Latin America
- East Asia
- South Asia & Oceania
- Middle East Africa
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