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Heat Pump Water Heater Market by type (Air Source, Geothermal), Storage (Up to 500 L, 500–1000 L, Above 1000 L), Capacity (Up to 10 kW, above 10 kW), Refrigerant (R410A, R407C, R744), End-User (Residential, Commercial, Industrial), Region - Global Forecast to 2026

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Date: 10-Sep-2020
No. of pages: 261
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“The global heat pump water heater market size is projected to grow at a CAGR of 6.8%, from 2020 to 2026.”

The global heat pump water heater market size is projected to reach USD 2.1 billion by 2026 from an estimated value of USD 1.4 billion in 2020, at a CAGR of 6.8%. Factors driving the growth of the heat pump water heater market include the energy efficient technology along with the usage of non conventional sources of energy to heat the water. In addition, supportive regulations and grants for using renewable sources of energy in different applications are also expected to play a key role in the growth of this market during the forecast period.

“The Air Source segment is expected to hold the largest share of the heat pump water heater market, by type, during the forecast period.”

The air source segment is estimated to be the largest- segment of the heat pump water heater market, by type, from 2020 to 2026. Air source heat pump water heaters offer exceptionally high operational efficiency and has a lower installation cost in comparison with geothermal heat pump water heater. They are mainly used in the residential sector because a multi family building will generally have a requirement of heat pump water heater that occupies less space and have low installation cost due to low hot water requirements in comparison with commercial buildings such as hotels and Hospitals.

“Asia Pacific: The fastest growing market for heat pump water heater.”

The Asia Pacific is expected to be the largest as well as the fastest growing heat pump water heater, by region, during the forecast period. Countries such as China, New Zealand and Australia are the fastest-growing markets in the Asia Pacific region. Asia Pacific is expected to dominate the heat pump water water heater market during the forecast period as owing to the increase in the use of renewable energy and energy efficient products. Several leading players in the heat pump water heater market such as A.O. Smith Corporation, RHEEM Manufacturing, and Midea Group have their manufacturing facilities in countries such as China, India, and Malaysia. The region is home to a number of emerging economies such as China, India, Singapore, and Malaysia.

Breakdown of Primaries:

In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects.

The distribution of primary interviews is as follows:


  • By Company Type: Tier 1- 47.2%, Tier 2- 30.7%, Tier 3- 22.1%

  • By Designation: C-Level Executives- 42.1%, Managers- 39.6%, Others- 18.3%

  • By Region: Asia Pacific- 50.1%, South America- 2%, Europe- 25.8%, and North America-  22.1%


Note: The tier of the companies has been defined based on their total revenue; as of 2017: Tier 1 = >USD 5 billion, Tier 2 = USD 1 billion to USD 5 billion, and Tier 3 = < USD 1 billion.

The key players in the comercial water heaters such as Midea Group (China), RHEEM Manufacturing Company (US), Daikin (Japan), A.O. Smith Corporation (US), Bosch Industries (Germany), and Ingersoll Rand (US), etc. and other players such as Viessmann Group (Germany), NIBE Energy Systems (Sweden), Valliant Group (Germany), Daikin (Japan), Mitsubishi Electric (Japan), Glen Dimplex (Ireland), StiebelEltron (Germany), and more.

Study Coverage:

The report provides a complete view of the heat pump water heater market across the power industry and regions. It aims at estimating the market size and future growth potential of the market across different segments such as type, rated capacity, storage tank capacity, refrigerant type, end user, and region. Furthermore, the report includes an in-depth competitive analysis of the key players in the market, along with their company profiles, recent developments, and key market strategies.

The market has been segmented based on type, rated capacity,storage tank capacity, refrigerant type, end user, and region, with a focus on industry analysis (industry trends). The market ranking analysis of the top players, supply chain analysis, and company profiles, which together comprise and evaluate the basic views on the competitive landscape, emerging and high-growth segments of the heat pump water heater market.

Key Benefits of Buying the Report


  • The report identifies and addresses key markets for the implementation of a heat pump water heater in various industries, which would help manufacturers review the growth in demand.

  • The report helps solution providers understand the pulse of the market and provide insights into drivers, opportunities, restraints, and challenges.

  • The report will help key players understand the strategies of their competitors better and will help in making strategic decisions.

Heat Pump Water Heater Market by type (Air Source, Geothermal), Storage (Up to 500 L, 500–1000 L, Above 1000 L), Capacity (Up to 10 kW, above 10 kW), Refrigerant (R410A, R407C, R744), End-User (Residential, Commercial, Industrial), Region - Global Forecast to 2026

Table of Contents

1 Introduction
1.1 Objectives Of The Study
1.2 Definition
1.2.1 Heat Pump Water Heater Market, By Type: Inclusions & Exclusions
Table 1 Heat Pump Water Heater Market, By Type: Inclusions & Exclusions
1.2.2 Heat Pump Water Heater Market, By End User: Inclusions & Exclusions
Table 2 Heat Pump Water Heater Market, By End User: Inclusions & Exclusions
1.3 Market Scope
1.3.1 Markets Covered
1.3.2 Regional Scope
1.3.3 Years Considered For The Study
1.4 Currency
1.5 Limitations
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
Figure 1 Heat Pump Water Hater Market: Data Triangulation And Research Design
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.3 Break-Up Of Primaries
2.2 Scope
Figure 2 Main Metrics Considered While Assessing Global Demand For Heat Pump Water Heaters
2.3 Market Size Estimation
2.3.1 Approach 1: Demand-Side Analysis Through Bottom-Up Approach
Figure 3 Year-On-Year Addition Of Types Of Heat Pump Water Heaters Across Countries Is The Key Determining Factor For Market Size Estimation
2.3.2 Key Assumptions
2.3.3 Calculations
2.3.4 Forecast
2.3.5 Approach 2: Supply-Side Analysis
Figure 4 Revenue Of Key Manufacturers Of Heat Pump Water Heaters Across Different Regions Is The Key Determining Factor For Market Size Estimation
2.3.6 Supply-Side Calculation
Figure 5 Market Size Estimation From Revenue Analysis Of Key Players In Heat Pump Water Heater Market

3 Executive Summary
Table 3 Heat Pump Water Heater Market Snapshot
Figure 6 Air Source Segment Is Expected To Dominate The Heat Pump Water Heater Market, By Type, During The Forecast Period
Figure 7 Up To 500 Liters Segment Is Expected To Dominate The Heat Pump Water Heater Market, By Storage Tank Capacity, During The Forecast Period
Figure 8 10–20 Kw Segment Is Expected To Hold The Largest Share Of The Heat Pump Water Heater Market, By Rated Capacity, During The Forecast Period
Figure 9 R410a Segment Is Expected To Hold The Largest Share Of The Heat Pump Water Heater Market, By Refrigerant Type, During The Forecast Period
Figure 10 Residential Segment Is Expected To Hold The Largest Share Of The Heat Pump Water Heater Market, By End User, During The Forecast Period
Figure 11 Asia Pacific Dominated The Heat Pump Water Heater Market In 2019

4 Premium Insights
4.1 Attractive Opportunities In The Heat Pump Water Heater Market During The Forecast Period
Figure 12 Environment-Friendly Heating Technology And Favorable Government Incentives Are Expected To Drive The Heat Pump Water Heater Market From 2020 To 2026
4.2 Heat Pump Water Heater Market, By Region
Figure 13 Asia Pacific Heat Pump Water Heater Market Is Expected To Grow At The Highest Cagr During The Forecast Period
4.3 Heat Pump Water Heater Market, By Type
Figure 14 Air Source Segment Dominated The Heat Pump Water Heater Market, By Type, In 2019
4.4 Heat Pump Water Heater Market, By Storage Tank Capacity
Figure 15 Up To 500 Liters Segment Dominated The Heat Pump Water Heater Market, By Storage Tank Capacity, In 2019
4.5 Heat Pump Water Heater Market, By Rated Capacity
Figure 16 10–20 Kw Segment Dominated The Heat Pump Water Heater Market,  By Rated Power, In 2019
4.6 Heat Pump Water Heater Market, By Refrigerant Type
Figure 17 R410a Segment Dominated The Heat Pump Water Heater Market,  By Refrigerant Type, In 2019
4.7 Heat Pump Water Heater Market, By End User
Figure 18 Residential Segment Dominated The Heat Pump Water Heater Market, By End User, In 2019

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
Figure 19 Heat Pump Water Heater Market: Drivers, Restraints, Opportunities, And Challenges
5.2.1 Drivers
5.2.1.1 Reduction In Co2 Emissions
5.2.1.2 Governmental Incentives And Regulations To Enhance Energy Efficiency
Table 4 Latest Policies/Incentives
5.2.2 Restraints
5.2.2.1 Lack Of Awareness Regarding Benefits Of Heat Pump Water Heaters In Developing And Underdeveloped Countries
5.2.3 Opportunities
5.2.3.1 Integration Of Iot With Heat Pump Water Heaters
5.2.3.2 Positive Outlook Toward Use Of Geothermal Energy
5.2.4 Challenges
5.2.4.1 High Installation Costs
5.2.4.2 Covid-19 Impact

6 Water Heater Heat Pump Market, By Type
6.1 Introduction
6.2 Insights Of Industry Experts
Figure 20 Water Heater Heat Pump Market, By Type, 2019
Table 5 Heat Pump Water Heater Market, By Type, 2016–2026 (Usd Thousand)
6.3 Air Source
6.3.1 Low Installation Cost Is Boosting Demand For Air Source Heat Pumps
Table 6 Air Source Heat Pump Water Heater Market, By Region, 2016–2026 (Usd Thousand)
6.4 Geothermal Heat Pump
6.4.1 High Efficiency And Government Subsidies Are Expected To Drive The Market For Geothermal Heat Pumps
Table 7 Geothermal Heat Pump Water Heater Market, By Region, 2016–2026 (Usd Thousand)

7 Heat Pump Water Heater Market, By Rated Capacity
7.1 Introduction
7.2 Insights Of Industry Experts
Figure 21 Heat Pump Water Heater Market, By Rated Capacity, 2019
Table 8 Heat Pump Water Heater Market, By Rated Capacity, 2016–2026 (Usd Thousand)
7.3 Up To 10 Kw
7.3.1 Suitability For Single-Family Houses Is Expected To Drive This Segment
Table 9 Up To 10 Kw: Heat Pump Water Heater Market, By Region, 2016–2026 (Usd Thousand)
7.4 10–20 Kw
7.4.1 Growing Demand From Residential Sector Is Expected To Drive This Segment
Table 10 10–20 Kw: Heat Pump Water Heater Market, By Region, 2016–2026 (Usd Thousand)
7.5 20–30 Kw
7.5.1 Ability To Meet Heating Demand Of Commercial Sector Is Expected To Drive This Segment
Table 11 20–30 Kw: Heat Pump Water Heater Market, By Region, 2016–2026 (Usd Thousand)
7.6 30–100 Kw
7.6.1 Demand From Small And Medium-Sized Commercial Buildings Is Expected To Drive The Market
Table 12 30–100 Kw: Heat Pump Water Heater Market, By Region,  2016–2026 (Usd Thousand)
7.7 100–150 Kw
7.7.1 Heating Demand Of Large Commercial Operators And Government Initiatives Are Expected To Drive The Market
Table 13 100–150 Kw: Heat Pump Water Heater Market, By Region, 2016–2026 (Usd Thousand)
7.8 Above 150 Kw
7.8.1 High-Volume Hot Water Demand In Industries Is Driving The Market
Table 14 Above 150 Kw: Heat Pump Water Heater Market, By Region, 2016–2026 (Usd Thousand)

8 Water Heater Heat Pump Market, By Refrigerant Type
8.1 Introduction
8.2 Insights Of Industry Experts
Figure 22 Water Heater Heat Pump Market, By Refrigerant Type, 2019
Table 15 Water Heater Heat Pump Market, By Refrigerant Type, 2016–2026 (Usd Thousand)
8.3 R410a
8.3.1 No Contribution To Ozone Depletion Is Expected To Drive The Market For The R410 Segment
Table 16 R410a: Heat Pump Water Heater Market, By Region, 2016–2026 (Usd Thousand)
8.4 R407c
8.4.1 Higher Temperature Operations Is Expected To Drive The Market For This Segment
Table 17 R407c: Heat Pump Water Heater Market, By Region, 2016–2026 (Usd Thousand)
8.5 R744
8.5.1 Eco-Friendly Operational Characteristic Is Expected To Drive The Market For R744 Segment
Table 18 R744: Heat Pump Water Heater Market, By Region, 2016–2026 (Usd Thousand)
8.6 Others
Table 19 Others: Heat Pump Water Heater Market, By Region, 2016–2026 (Usd Thousand)

9 Heat Pump Water Heater Market, By Storage Tank Capacity
9.1 Introduction
9.2 Insights Of Industry Experts
Figure 23 Heat Pump Water Heater Market, By Storage Tank Capacity, 2019
Table 20 Heat Pump Water Heater Market, By Storage Tank Capacity,  2016–2026 (Usd Thousand)
9.3 Up To 500 Liters
9.3.1 Government Subsidies For Residential Heat Pumps Are Driving The Market
Table 21 Up To 500 Liters: Heat Pump Water Heater Market, By Region, 2016–2026 (Usd Thousand)
9.4 500–1,000 Liters
9.4.1 Ability To Provide Heating To Small Commercial Industries Is Driving The Market
Table 22 500–1,000 Liters: Heat Pump Water Heater Market, By Region,  2016–2026 (Usd Thousand)
9.5 Above 1,000 Liters
9.5.1 Need To Replace Conventional Heating Technologies With Energy-Efficient Source Is Expected To Drive The Segment
Table 23 Above 1,000 Liters: Heat Pump Water Heater Market, By Region,  2016–2026 (Usd Thousand)

10 Water Heater Heat Pump Market, By End User
10.1 Introduction
10.2 Insights Of Industry Experts
Figure 24 Water Heater Heat Pump Market, By End User, 2019
Table 24 Water Heater Heat Pump Market, By End User, 2016–2026 (Usd Thousand)
10.3 Residential
10.3.1 Government Initiatives For Energy Efficiency Are Likely To Boost Demand For Water Heater Heat Pumps
Table 25 Residential: Heat Pump Water Heater Market, By Region, 2016–2026 (Usd Thousand)
10.4 Commercial
10.4.1 Need To Adopt Renewable Energy Sources For Commercial Operations Is Driving The Market
Table 26 Commercial: Heat Pump Water Heater Market, By Region, 2016–2026 (Usd Thousand)
10.5 Industrial
10.5.1 Water Heater Heat Pumps Enhance Energy Efficiency In Multiple Industrial Applications
Table 27 Industrial: Heat Pump Water Heater Market, By Region, 2016–2026 (Usd Thousand)

11 Heat Pump Water Heater Market, By Region
11.1 Introduction
Figure 25 Regional Snapshot: Asia Pacific Market Is Expected To Grow At The Highest Cagr During The Forecast Period
Figure 26 Heat Pump Water Heater Market Share, By Region, 2019
11.1.1 Global Heat Pump Water Heater Market, By Region
Table 28 Heat Pump Water Heater Market, By Region, 2020–2026 (Usd Thousand)
11.2 North America
Figure 27 North America: Regional Snapshot (2019)
11.2.1 Distribution Channel Analysis
11.2.2 Import And Export Data
Table 29 North America: Import & Export Data For Heat Pump Water Heater Market, 2016–2019 (Usd Thousand)
11.2.3 By Type
Table 30 North America: Heat Pump Water Heater Market, By Type, 2016–2026 (Usd Thousand)
11.2.4 By Storage Tank Capacity
Table 31 North America: Heat Pump Water Heater Market, By Storage Tank Capacity, 2016–2026 (Usd Thousand)
11.2.5 By Rated Capacity
Table 32 North America: Heat Pump Water Heater Market, By Rated Capacity,  2016–2026 (Usd Thousand)
11.2.6 By Refrigerant Type
Table 33 North America: Heat Pump Water Heater Market, By Refrigerant Type,  2016–2026 (Usd Thousand)
11.2.7 By End User
Table 34 North America: Heat Pump Water Heater Market, By End User,  2016–2026 (Usd Thousand)
11.2.8 By Country
Table 35 North America: Heat Pump Water Heater Market, By Country,  2016–2026 (Usd Thousand)
11.2.9 Us
11.2.9.1 Increasing Demand For Energy-Efficient Heating Of Water In Residential And Commercial Sectors Is Driving The Market
11.2.9.2 General Market Trends
Table 36 Us: General Market Trends For Heat Pump Water Heaters, 2019
11.2.9.3 Average Selling Price, 2019
Figure 28 Us: Average Selling Price Of Heat Pump Water Heaters, 2019
11.2.9.4 Key Manufacturers, 2019
Table 37 Us: Key Players In Heat Pump Water Heater Market, 2019
11.2.9.5 Key Distributors, 2019
Table 38 Us: Key Distributors Of Heat Pump Water Heaters, 2019
11.2.9.6 Key Consultants, 2019
Table 39 Us: Key Consultants For Heat Pump Water Heaters. 2019
11.2.9.7 Import And Export Data
Table 40 Us: Import & Export Data For Heat Pump Water Heater Market,  2016–2019 (Usd Thousand)
11.2.9.8 By Type
Table 41 Us: Heat Pump Water Heater Market, By Type, 2016–2026 (Usd Thousand)
11.2.9.9 By Storage Tank Capacity
Table 42 Us: Heat Pump Water Heater Market, By Storage Tank Capacity,  2016–2026 (Usd Thousand)
11.2.9.10 By Rated Capacity
Table 43 Us: Heat Pump Water Heater Market, By Rated Capacity, 2016–2026 (Usd Thousand)
11.2.9.11 By Refrigerant Type
Table 44 Us: Heat Pump Water Heater Market, By Refrigerant Type, 2016–2026 (Usd Thousand)
11.2.9.12 By End User
Table 45 Us: Heat Pump Water Heater Market, By End User, 2016–2026 (Usd Thousand)
11.2.10 Canada
11.2.10.1 Government Regulations And Policies To Reduce Pollution Will Enhance Demand For Heat Pump Water Heaters
11.2.10.2 General Market Trends, 2019
Table 46 Canada: General Market Trends For Heat Pump Water Heaters, 2019
11.2.10.3 Average Selling Price, 2019
Figure 29 Canada: Average Selling Price Of Heat Pump Water Heaters, 2019
11.2.10.4 Key Players, 2019
Table 47 Canada: Key Players In Heat Pump Water Heater Market, 2019
11.2.10.5 Key Distrbutors, 2019
Table 48 Canada: Key Distributors Of Heat Pump Water Heaters, 2019
11.2.10.6 Key Consultants, 2019
Table 49 Canada: Key Consultants For Heat Pump Water Heaters, 2019
11.2.10.7 Import And Export Data
Table 50 Canada: Import & Export Data For Heat Pump Water Heater Market,  2016-2019 (Usd Thousand)
11.2.10.8 By Type
Table 51 Canada: Heat Pump Water Heater Market, By Type, 2016–2026 (Usd Thousand)
11.2.10.9 By Storage Tank Capacity
Table 52 Canada: Heat Pump Water Heater Market, By Storage Tank Capacity,  2016–2026 (Usd Thousand)
11.2.10.10 By Rated Capacity
Table 53 Canada: Heat Pump Water Heater Market, By Rated Capacity, 2016–2026 (Usd Thousand)
11.2.10.11 By Refrigerant Type
Table 54 Canada: Heat Pump Water Heater Market, By Refrigerant Type,  2016–2026 (Usd Thousand)
11.2.10.12 By End User
Table 55 Canada: Heat Pump Water Heater Market, By End User, 2016–2026 (Usd Thousand)
11.2.11 Mexico
11.2.11.1 Growing Initiatives For The Renewable Sector Will Boost The Demand For Heat Pump Water Heaters
11.2.11.2 General Market Trents, 2019
Table 56 Mexico: General Market Trends For Heat Pump Water Heaters, 2019
11.2.11.3 Average Selling Price, 2019
Figure 30 Mexico: Average Selling Price Of Heat Pump Water Heaters, 2019
11.2.11.4 Key Players, 2019
Table 57 Mexico: Key Players In Heat Pump Water Heater Market, 2019
11.2.11.5 Key Distributors, 2019
Table 58 Mexico: Key Distributors Of Heat Pump Water Heaters, 2019
11.2.11.6 Key Consultants, 2019
Table 59 Mexico: Key Consultants For Heat Pump Water Heaters, 2019
11.2.11.7 Import And Export Data
Table 60 Mexico: Import & Export Data For Heat Pump Water Heater Market,  2016–2019 (Usd Thousand)
11.2.11.8 By Type
Table 61 Mexico: Heat Pump Water Heater Market, By Type, 2016–2026 (Usd Thousand)
11.2.11.9 By Storage Tank Capacity
Table 62 Mexico: Heat Pump Water Heater Market, By Storage Tank Capacity,  2016–2026 (Usd Thousand)
11.2.11.10 By Rated Capacity
Table 63 Mexico: Heat Pump Water Heater Market, By Rated Capacity, 2016–2026 (Usd Thousand)
11.2.11.11 By Refrigerant Type
Table 64 Mexico: Heat Pump Water Heater Market, By Refrigerant Type, 2016–2026 (Usd Thousand)
11.2.11.12 By End User
Table 65 Mexico: Heat Pump Water Heater Market, By End User, 2016–2026 (Usd Thousand)
11.3 Europe
11.3.1 Distribution Channel Analysis
11.3.2 Import And Export
Table 66 Europe: Import & Export Data For Heat Pump Water Heater Market,  2016–2019 (Usd Thousand)
11.3.3 By Type
Table 67 Europe: Heat Pump Water Heater Market, By Type, 2016–2026 (Usd Thousand)
11.3.4 By Storage Tank Capacity
Table 68 Europe: Heat Pump Water Heater Market, By Storage Tank Capacity, 2016–2026 (Usd Thousand)
11.3.5 By Rated Capacity
Table 69 Europe: Heat Pump Water Heater Market, By Rated Capacity, 2016–2026 (Usd Thousand)
11.3.6 By Refrigerant Type
Table 70 Europe: Heat Pump Water Heater Market, By Refrigerant Type,  2016–2026 (Usd Thousand)
11.3.7 By End User
Table 71 Europe: Heat Pump Water Heater Market, By End User, 2016–2026 (Usd Thousand)
11.3.8 By Country
Table 72 Europe: Heat Pump Water Heater Market, By Country, 2016–2026 (Usd Thousand)
11.3.9 Uk
11.3.9.1 Growth In The Private Housing And Demand For Renewable Heat Generation Are Driving The Market
11.3.9.2 General Market Trends, 2019
Table 73 Uk: General Market Trends For Heat Pump Water Heaters, 2019
11.3.9.3 Average Selling Price, 2019
Figure 31 Uk: Average Selling Price Of Heat Pump Water Heaters, 2019
11.3.9.4 Key Players, 2019
Table 74 Uk: Key Players In Heat Pump Water Heater Market, 2019
11.3.9.5 Key Distributors, 2019
Table 75 Uk: Key Distributors Of Heat Pump Water Heaters, 2019
11.3.9.6 Key Consultants, 2019
Table 76 Uk: Key Consultants For Heat Pump Water Heaters, 2019
11.3.9.7 Import And Export Data
Table 77 Uk: Import & Export Data For Heat Pump Water Heater Market,  2016–2019 (Usd Thousand)
11.3.9.8 By Type
Table 78 Uk: Heat Pump Water Heater Market, By Type, 2016–2026 (Usd Thousand)
11.3.9.9 By Storage Tank Capacity
Table 79 Uk: Heat Pump Water Heater Market, By Storage Tank Capacity,  2016–2026 (Usd Thousand)
11.3.9.10 By Rated Capacity
Table 80 Uk: Heat Pump Water Heater Market, By Rated Capacity, 2016–2026 (Usd Thousand)
11.3.9.11 By Refrigerant Type
Table 81 Uk: Heat Pump Water Heater Market, By Refrigerant Type, 2016–2026 (Usd Thousand)
11.3.9.12 By End User
Table 82 Uk: Heat Pump Water Heater Market, By End User, 2016–2026 (Usd Thousand)
11.3.10 Italy
11.3.10.1 Government Schemes To Enhance The Installation Of Heat Pump Water Heaters Will Positively Impact The Market
11.3.10.2 General Market Trends, 2019
Table 83 Italy: General Market Trends For Heat Pump Water Heaters, 2019
11.3.10.3 Average Selling Price, 2019
Figure 32 Italy: Average Selling Price Of Heat Pump Water Heaters, 2019
11.3.10.4 Key Players, 2019
Table 84 Italy: Key Players In Heat Pump Water Heater Market, 2019
11.3.10.5 Key Distributors, 2019
Table 85 Italy: Key Distributors Of Heat Pump Water Heaters, 2019
11.3.10.6 Key Consultants, 2019
Table 86 Italy: Key Consultants For Heat Pump Water Heaters, 2019
11.3.10.7 Import And Export Data
Table 87 Italy: Import & Export Data For Heat Pump Water Heater Market,  2016–2019 (Usd Thousand)
11.3.10.8 By Type
Table 88 Italy: Heat Pump Water Heater Market, By Type, 2016–2026 (Usd Thousand)
11.3.10.9 By Storage Capacity
Table 89 Italy: Heat Pump Water Heater Market, By Storage Tank Capacity,  2016–2026 (Usd Thousand)
11.3.10.10 By Rated Capacity
Table 90 Italy: Heat Pump Water Heater Market, By Rated Capacity, 2016–2026 (Usd Thousand)
11.3.10.11 By Refrigerant Type
Table 91 Italy: Heat Pump Water Heater Market, By Refrigerant Type, 2016–2026 (Usd Thousand)
11.3.10.12 By End User
Table 92 Italy: Heat Pump Water Heater Market, By End User, 2016–2026 (Usd Thousand)
11.4 Asia Pacific
Figure 33 Asia Pacific: Regional Snapshot (2019)
11.4.1 Distribution Channel Analysis
11.4.2 Import And Export
Table 93 Asia Pacific: Import & Export Data For Heat Pump Water Heater Market,  2016–2019 (Usd Thousand)
11.4.3 By Type
Table 94 Asia Pacific: Heat Pump Water Heater Market, By Type,  2016–2026 (Usd Thousand)
11.4.4 By Storage Tank Capacity
Table 95 Asia Pacific: Heat Pump Water Heater Market, By Storage Tank Capacity,  2016–2026 (Usd Thousand)
11.4.5 By Rated Capacity
Table 96 Asia Pacific: Heat Pump Water Heater Market, By Rated Capacity,  2016–2026 (Usd Thousand)
11.4.6 By Refrigerant Type
Table 97 Asia Pacific: Heat Pump Water Heater Market, By Refrigerant Type,  2016–2026 (Usd Thousand)
11.4.7 By End User
Table 98 Asia Pacific: Heat Pump Water Heater Market, By End User, 2016–2026 (Usd Thousand)
11.4.8 By Country
Table 99 Asia Pacific: Heat Pump Water Heater Market, By Country, 2016–2026 (Usd Thousand)
11.4.9 India
11.4.9.1 Government Initiatives Towards Renewables Are Expected To Drive The Market In The Country
11.4.9.2 By General Market Trends, 2019
Table 100 India: General Market Trends For Heat Pump Water Heaters, 2019
11.4.9.3 Average Selling Price, 2019
Figure 34 India: Average Selling Price Of Heat Pump Water Heaters, 2019
11.4.9.4 Key Players, 2019
Table 101 India: Key Players In Heat Pump Water Heater Market, 2019
11.4.9.5 Key Distributor, 2019
Table 102 India: Key Distributors Of Heat Pump Water Heaters, 2019
11.4.9.6 Key Consultants, 2019
Table 103 India: Key Consultants For Heat Pump Water Heaters, 2019
11.4.9.7 Import And Export Data
Table 104 India: Import & Export Data For Heat Pump Water Heater Market,  2016–2019 (Usd Thousand)
11.4.9.8 By Type
Table 105 India: Heat Pump Water Heater Market, By Type, 2016–2026 (Usd Thousand)
11.4.9.9 By Storage Tank Capacity
Table 106 India: Heat Pump Water Heater Market, By Storage Tank Capacity,  2016–2026 (Usd Thousand)
11.4.9.10 By Rated Capacity
Table 107 India: Heat Pump Water Heater Market, By Rated Capacity, 2016–2026 (Usd Thousand)
11.4.9.11 By Refrigerant Type
Table 108 India: Heat Pump Water Heater Market, By Refrigerant Type, 2016–2026 (Usd Thousand)
11.4.9.12 By End User
Table 109 India: Heat Pump Water Heater Market, By End User, 2016–2026 (Usd Thousand)
11.4.10 China
11.4.10.1 Growing Urban Population And Initiatives To Minimize Pollution Will Create Demand For Heat Pump Water Heaters
11.4.10.2 General Market Trends, 2019
Table 110 China: General Market Trends For Heat Pump Water Heaters, 2019
11.4.10.3 Average Selling Price, 2019
Figure 35 China: Average Selling Price Of Heat Pump Water Heaters, 2019
11.4.10.4 Key Players, 2019
Table 111 China: Key Players In Heat Pump Water Heater Market, 2019
11.4.10.5 Key Distributors, 2019
Table 112 China: Key Distributors Of Heat Pump Water Heaters, 2019
11.4.10.6 Key Consultants, 2019
Table 113 China: Key Consultants For Heat Pump Water Heaters, 2019
11.4.10.7 Import And Export Data
Table 114 China: Import & Export Data For Heat Pump Water Heater Market,  2016–2019 (Usd Thousand)
11.4.10.8 By Type
Table 115 China: Heat Pump Water Heater Market, By Type, 2016–2026 (Usd Thousand)
11.4.10.9 By Storage Tank Capacity
Table 116 China: Heat Pump Water Heater Market, By Storage Tank Capacity,  2016–2026 (Usd Thousand)
11.4.10.10 By Rated Capacity
Table 117 China: Heat Pump Water Heater Market, By Rated Capacity, 2016–2026 (Usd Thousand)
11.4.10.11 By Refrigerant Type
Table 118 China: Heat Pump Water Heater Market, By Refrigerant Type, 2016–2026 (Usd Thousand)
11.4.10.12 By End User
Table 119 China: Heat Pump Water Heater Market, By End User, 2016–2026 (Usd Thousand)
11.4.11 Australia
11.4.11.1 Favorable Environmental Conditions And Focus Toward The Renewable Sector Are Expected To Drive The Market
11.4.11.2 General Market Trends, 2019
Table 120 Australia: General Market Trends For Heat Pump Water Heaters, 2019
11.4.11.3 Average Selling Price, 2019
Figure 36 Australia: Average Selling Price Of Heat Pump Water Heaters, 2019
11.4.11.4 Key Players, 2019
Table 121 Australia: Key Players In Heat Pump Water Heater Market, 2019
11.4.11.5 Key Distributors, 2019
Table 122 Australia: Key Distributors Of Heat Pump Water Heaters, 2019
11.4.11.6 Key Consultants, 2019
Table 123 Australia: Key Consultants For Heat Pump Water Heaters, 2019
11.4.11.7 Import And Export Data
Table 124 Australia: Import & Export Data For Heat Pump Water Heater Market,  2016–2019 (Usd Thousand)
11.4.11.8 By Type
Table 125 Australia: Heat Pump Water Heater Market, By Type, 2016–2026 (Usd Thousand)
11.4.11.9 By Storage Tank Capacity
Table 126 Australia: Heat Pump Water Heater Market, By Storage Tank Capacity,  2016–2026 (Usd Thousand)
11.4.11.10 By Rated Capacity
Table 127 Australia: Heat Pump Water Heater Market, By Rated Capacity,  2016–2026 (Usd Thousand)
11.4.11.11 By Refrigerant Type
Table 128 Australia: Heat Pump Water Heater Market, By Refrigerant Type, 2016–2026 (Usd Thousand)
11.4.11.12 By End User
Table 129 Australia: Heat Pump Water Heater Market, By End User, 2016–2026 (Usd Thousand)
11.4.12 Thailand
11.4.12.1 Government Initiatives To Encourage The Installation Of Heat Pump Water Heaters Will Drive The Market
11.4.12.2 General Market Trends, 2019
Table 130 Thailand: General Market Trends For Heat Pump Water Heaters, 2019
11.4.12.3 Average Selling Price, 2019
Figure 37 Thailand: Average Selling Price Of Heat Pump Water Heaters, 2019
11.4.12.4 Key Players, 2019
Table 131 Thailand: Key Players In Heat Pump Water Heater Market, 2019
11.4.12.5 Key Distributors, 2019
Table 132 Thailand: Key Distributors Of Heat Pump Water Heaters, 2019
11.4.12.6 Key Consultants, 2019
Table 133 Thailand: Key Consultants For Heat Pump Water Heaters, 2019
11.4.12.7 Import And Export Data
Table 134 Thailand: Import & Export Data For Heat Pump Water Heater Market,  2016–2019
11.4.12.8 By Type
Table 135 Thailand: Heat Pump Water Heater Market, By Type, 2016–2026 (Usd Thousand)
11.4.12.9 By Storage Tank Capacity
Table 136 Thailand: Heat Pump Water Heater Market, By Storage Tank Capacity, 2016–2026 (Usd Thousand)
11.4.12.10 By Rated Capacity
Table 137 Thailand: Heat Pump Water Heater Market, By Rated Capacity,  2016–2026 (Usd Thousand)
11.4.12.11 By Refrigerant Type
Table 138 Thailand: Heat Pump Water Heater Market, By Refrigerant Type,  2016–2026 (Usd Thousand)
11.4.12.12 By End User
Table 139 Thailand: Heat Pump Water Heater Market, By End User, 2016–2026 (Usd Thousand)
11.4.13 New Zealand
11.4.13.1 Government Initiatives For Residential And Commercial Sector Heat Pump Operations Are Expected To Boost The Market
11.4.13.2 General Market Trends, 2019
Table 140 New Zealand: General Market Trends For Heat Pump Water Heaters, 2019
11.4.13.3 Average Selling Price, 2019
Figure 38 New Zealand: Average Selling Price Of Heat Pump Water  Heaters, 2019
11.4.13.4 Key Players, 2019
Table 141 New Zealand: Key Players In Heat Pump Water Heater Market, 2019
11.4.13.5 Key Distributors, 2019
Table 142 New Zealand: Key Distributors Of Heat Pump Water Heaters, 2019
11.4.13.6 Key Consultants, 2019
Table 143 New Zealand: Key Consultants For Heat Pump Water Heaters, 2019
11.4.13.7 Import And Export Data
Table 144 New Zealand: Import & Export Data For Heat Pump Water Heater Market, 2016–2019 (Usd Thousand)
11.4.13.8 By Type
Table 145 New Zealand: Heat Pump Water Heater Market, By Type,  2016–2026 (Usd Thousand)
11.4.13.9 By Storage Tank Capacity
Table 146 New Zealand: Heat Pump Water Heater Market, By Storage Tank Capacity, 2016–2026 (Usd Thousand)
11.4.13.10 By Rated Capacity
Table 147 New Zealand: Heat Pump Water Heater Market, By Rated Capacity,  2016–2026 (Usd Thousand)
11.4.13.11 By Refrigerant Type
Table 148 New Zealand: Heat Pump Water Heater Market, By Refrigerant Type,  2016–2026 (Usd Thousand)
11.4.13.12 By End User
Table 149 New Zealand: Heat Pump Water Heater Market, By End User, 2016–2026 (Usd Thousand)
11.4.14 Singapore
11.4.14.1 Growing Demand For Energy Efficiency Is Expected To Propel The Market Of Heat Pump Water Heaters
11.4.14.2 General Market Trends, 2019
Table 150 Singapore: General Market Trends For Heat Pump Water Heaters, 2019
11.4.14.3 Average Selling Price, 2019
Figure 39 Singapore: Average Selling Price Of Heat Pump Water Heaters, 2019
11.4.14.4 Key Players, 2019
Table 151 Singapore: Key Players In Heat Pump Water Heater Market, 2019
11.4.14.5 Key Distributors, 2019
Table 152 Singapore: Key Distributors Of Heat Pump Water Heaters, 2019
11.4.14.6 Key Consultants, 2019
Table 153 Singapore: Key Consultants For Heat Pump Water Heaters, 2019
11.4.14.7 Import And Export Data
Table 154 Singapore: Import & Export Data For Heat Pump Water Heater Market, 2016–2019 (Usd Thousand)
11.4.14.8 By Type
Table 155 Singapore: Heat Pump Water Heater Market, By Type, 2016–2026 (Usd Thousand)
11.4.14.9 By Storage Tank Capacity
Table 156 Singapore: Heat Pump Water Heater Market, By Storage Tank Capacity,  2016–2026 (Usd Thousand)
11.4.14.10 By Rated Capacity
Table 157 Singapore: Heat Pump Water Heater Market, By Rated Capacity,  2016–2026 (Usd Thousand)
11.4.14.11 By Refrigerant Type
Table 158 Singapore: Heat Pump Water Heater Market, By Refrigerant Type,  2016–2026 (Usd Thousand)
11.4.14.12 By End User
Table 159 Singapore: Heat Pump Water Heater Market, By End User, 2016–2026 (Usd Thousand)
11.4.15 Indonesia
11.4.15.1 Extensive Focus Toward The Consumption Of Renewable Energy Will Drive The Demand For Heat Pump Water Heaters
11.4.15.2 General Market Trends, 2019
Table 160 Indonesia: General Market Trends For Heat Pump Water Heaters, 2019
11.4.15.3 Average Selling Price, 2019
Figure 40 Indonesia: Average Selling Price Of Heat Pump Water Heaters, 2019
11.4.15.4 Key Players, 2019
Table 161 Indonesia: Key Players In Heat Pump Water Heater Market, 2019
11.4.15.5 Key Distributors, 2019
Table 162 Indonesia: Key Distributors Of Heat Pump Water Heaters, 2019
11.4.15.6 Key Consultants, 2019
Table 163 Indonesia: Key Consultants For Heat Pump Water Heaters, 2019
11.4.15.7 Import And Export Data
Table 164 Indonesia: Import & Export Data For Heat Pump Water Heater Market, 2016–2019 (Usd Thousand)
11.4.15.8 By Type
Table 165 Indonesia: Heat Pump Water Heater Market, By Type, 2016–2026 (Usd Thousand)
11.4.15.9 By Storage Tank Capacity
Table 166 Indonesia: Heat Pump Water Heater Market, By Storage Tank Capacity, 2016–2026 (Usd Thousand)
11.4.15.10 By Rated Capacity
Table 167 Indonesia: Heat Pump Water Heater Market, By Rated Capacity,  2016–2026 (Usd Thousand)
11.4.15.11 By Refrigerant Type
Table 168 Indonesia: Heat Pump Water Heater Market, By Refrigerant Type,  2016–2026 (Usd Thousand)
11.4.15.12 By End User
Table 169 Indonesia: Heat Pump Water Heater Market, By End User, 2016–2026 (Usd Thousand)
11.4.16 Taiwan
11.4.16.1 Government Initiatives For Energy Efficiency Will Boost The Market For Heat Pump Water Heaters
11.4.16.2 General Market Trends, 2019
Table 170 Taiwan: General Market Trends For Heat Pump Water Heaters, 2019
11.4.16.3 Average Selling Price, 2019
Figure 41 Taiwan: Average Selling Price Of Heat Pump Water Heaters, 2019
11.4.16.4 Key Players, 2019
Table 171 Taiwan: Key Players In Heat Pump Water Heater Market, 2019
11.4.16.5 Key Distributors And Consultants, 2019
Table 172 Taiwan: Key Distributors And Consultants For Heat Pump Water Heaters, 2019
11.4.16.6 By Type
Table 173 Taiwan: Heat Pump Water Heater Market, By Type, 2016–2026 (Usd Thousand)
11.4.16.7 By Storage Tank Capacity
Table 174 Taiwan: Heat Pump Water Heater Market, By Storage Tank Capacity,  2016–2026 (Usd Thousand)
11.4.16.8 By Rated Capacity
Table 175 Taiwan: Heat Pump Water Heater Market, By Rated Capacity, 2016–2026 (Usd Thousand)
11.4.16.9 By Refrigerant Type
Table 176 Taiwan: Heat Pump Water Heater Market, By Refrigerant Type,  2016–2026 (Usd Thousand)
11.4.16.10 By End User
Table 177 Taiwan: Heat Pump Water Heater Market, By End User, 2016–2026 (Usd Thousand)
11.4.17 Malaysia
11.4.17.1 Government’s Focus On Increasing Renewable Energy Generation Is Expected To Increase The Demand For Heat Pump Water Heaters
11.4.17.2 General Market Trends, 2019
Table 178 Malaysia: General Market Trends For Heat Pump Water Heaters, 2019
11.4.17.3 Average Selling Price, 2019
Figure 42 Malaysia: Average Selling Price Of Heat Pump Water Heaters, 2019
11.4.17.4 Key Players, 2019
Table 179 Malaysia: Key Players In Heat Pump Water Heater Market, 2019
11.4.17.5 Key Distributors, 2019
Table 180 Malaysia: Key Distributors Of Heat Pump Water Heaters, 2019
11.4.17.6 Key Consultants, 2019
Table 181 Malaysia: Key Consultants For Heat Pump Water Heaters, 2019
11.4.17.7 Import And Export Data
Table 182 Malaysia: Import & Export Data For Heat Pump Water Heater Market,  2016–2019 (Usd Thousand)
11.4.17.8 By Type
Table 183 Malaysia: Heat Pump Water Heater Market, By Type, 2016–2026 (Usd Thousand)
11.4.17.9 By Storage Tank Capacity
Table 184 Malaysia: Heat Pump Water Heater Market, By Storage Tank Capacity,  2016–2026 (Usd Thousand)
11.4.17.10 By Rated Capacity
Table 185 Malaysia: Heat Pump Water Heater Market, By Rated Capacity,  2016–2026 (Usd Thousand)
11.4.17.11 By Refrigerant Type
Table 186 Malaysia: Heat Pump Water Heater Market, By Refrigerant Type,  2016–2026 (Usd Thousand)
11.4.17.12 By End User
Table 187 Malaysia: Heat Pump Water Heater Market, By End User, 2016–2026 (Usd Thousand)
11.5 South America
11.5.1 Brazil
11.5.1.1 Government Policies For Energy Efficiency And Growth In The Renewable Sector Will Propel The Market
11.5.1.2 General Market Trends, 2019
Table 188 Brazil: General Market Trends For Heat Pump Water Heaters, 2019
11.5.1.3 Average Selling Price, 2019
Figure 43 Brazil: Average Selling Price Of Heat Pump Water Heaters, 2019
11.5.1.4 Key Players, 2019
Table 189 Brazil: Key Players In Heat Pump Water Heater Market, 2019
Table 190 Brazil: Key Distributors Of Heat Pump Water Heaters, 2019
11.5.1.5 Key Distributors, 2019
11.5.1.6 Key Consultants, 2019
Table 191 Brazil: Key Consultants For Heat Pump Water Heaters, 2019
11.5.1.7 Distribution Channel Analysis
11.5.2 Export And Import
Table 192 Brazil: Import & Export Data For Heat Pump Water Heaters, 2016–2019 (Usd Thousand)
11.5.3 By Type
Table 193 Brazil: Heat Pump Water Heater Market, By Type, 2016–2026 (Usd Thousand)
11.5.4 By Capacity
Table 194 Brazil: Heat Pump Water Heater Market, By Storage Tank Capacity,  2016–2026 (Usd Thousand)
11.5.5 By Rated Power
Table 195 Brazil: Heat Pump Water Heater Market, By Rated Capacity, 2016–2026 (Usd Thousand)
11.5.6 By Refrigerant Type
Table 196 Brazil: Heat Pump Water Heater Market, By Refrigerant Type,  2016–2026 (Usd Thousand)
11.5.7 By End User
Table 197 Brazil: Heat Pump Water Heater Market, By End User,  2016–2026 (Usd Thousand)

12 Competitive Landscape
12.1 Overview
Figure 44 Key Developments In The Heat Pump Water Heater Market, January 2016–July 2020
12.2 Competitive Leadership Mapping
12.2.1 Star
12.2.2 Emerging Leader
12.2.3 Pervasive
12.2.4 Participants
Figure 45 Competitive Leadership Mapping
12.3 Market Share, 2019
Figure 46 Midea Group Led The Heat Pump Water Heater Market In 2019
12.4 Competitive Scenario
12.4.1 New Product Launches
12.4.2 Mergers & Acquisitions
12.4.3 Contracts & Agreements
12.4.4 Investments & Expansions
12.4.5 Others

13 Company Profiles
(Business Overview, Products/Solutions/Services Offered, Recent Developments, Covid-19-Related Developments, Mnm View)*
13.1 Panasonic Corporation
Table 198 Panasonic Corporation: Offices And Manufacturing Locations
Figure 47 Panasonic C0rporation: Company Snapshot
13.2 Lg Electronics
Figure 48 Lg Electronics: Company Snapshot
13.3 Johnson Controls-Hitachi Air Conditioning
13.4 Mitsubishi Electric
Table 199 Mitsubishi Electric: Offices And Manufacturing Locations
Figure 49 Mitsubishi Electric: Company Snapshot
13.5 Ingersoll Rand (Trane Technologies)
Figure 50 Ingersoll Rand (Trane Technologies): Company Snapshot
13.6 Fujitsu General
Table 200 Fujitsu General: Offices And Manufacturing Locations
Figure 51 Fujitsu General: Company Snapshot
13.7 Lennox International
Table 201 Us And Canada Sales Office Locations
Figure 52 Lennox International: Company Snapshot
13.8 Haier
Figure 53 Haier: Company Snapshot
13.9 United Technologies Corporation (Carrier Global)
Figure 54 United Technologies Corporation: Company Snapshot
13.10 Rheem Manufacturing Company
13.11 A.O. Smith Corporation
Table 202 A.O. Smith Corporation: Offices And Manufacturing Locations
Figure 55 A. O. Smith Corporation: Company Snapshot
13.12 Bosch Industries
Figure 56 Bosch Industries: Company Snapshot
13.13 Vaillant Group
13.14 Midea Group
13.15 Daikin
Table 203 Daikin: Offices And Manufacturing Locations
Figure 57 Daikin: Company Snapshot
13.16 Viessmann Group
13.17 Stiebel Eltron
13.18 Glen Dimplex
13.19 Nibe Energy Systems
13.20 Gree Electric Appliances
13.21 Emerson
13.22 Nortek Global Hvac
13.23 Guangzhou Sprsun New Energy Technology Development
13.24 Ariston Thermo
13.25 Evo Energy Technologies

*Details On Business Overview, Products/Solutions/Services Offered, Recent Developments, Covid-19-Related Developments, Mnm View Might Not Be Captured In Case Of Unlisted Companies.

14 Appendix
14.1 Insights Of Industry Experts
14.2 Discussion Guide
14.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
14.4 Available Customizations
14.5 Related Reports
14.6 Author Details

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