This report studies the global Heat Pump Water Heaters market status and forecast, categorizes the global Heat Pump Water Heaters market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, India, Southeast Asia and other regions (Central & South America, and Middle East & Africa).
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.
The global Heat Pump Water Heaters market is valued at 1420 million US$ in 2017 and will reach 1750 million US$ by the end of 2025, growing at a CAGR of 2.6% during 2025-2036.
The major manufacturers covered in this report
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
Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering
North America
Europe
China
Japan
India
Southeast Asia
Other regions (Central & South America, Middle East & Africa)
We can also provide the customized separate regional or country-level reports, for the following regions:
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Singapore
Rest of Asia-Pacific
Europe
Germany
France
UK
Italy
Spain
Russia
Rest of Europe
Central & South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Saudi Arabia
Turkey
Rest of Middle East & Africa
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
Air Source Heat Pump
Water Source Heat Pump
Ground Source Heat Pump
By Application, the market can be split into
Residential Use
Commercial & Industrial Use
The study objectives of this report are:
To analyze and study the global Heat Pump Water Heaters capacity, production, value, consumption, status (2020-2024) and forecast (2025-2036);
Focuses on the key Heat Pump Water Heaters manufacturers, to study the capacity, production, value, market share and development plans in future.
Focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
To define, describe and forecast the market by type, application and region.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Heat Pump Water Heaters are as follows:
History Year: 2020-2024
Base Year: 2025
Estimated Year: 2024
Forecast Year 2025 to 2036
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Key Stakeholders
Heat Pump Water Heaters Manufacturers
Heat Pump Water Heaters Distributors/Traders/Wholesalers
Heat Pump Water Heaters Subcomponent Manufacturers
Industry Association
Downstream Vendors
Available Customizations
With the given market data, Chem Reports offers customizations according to the company's specific needs. The following customization options are available for the report:
Regional and country-level analysis of the Heat Pump Water Heaters market, by end-use.
Detailed analysis and profiles of additional market players.
End of Summary
Table of Contents
Global Heat Pump Water Heaters Market Professional Survey Report
1 Industry Overview of Heat Pump Water Heaters
1.1 Definition and Specifications of Heat Pump Water Heaters
1.1.1 Definition of Heat Pump Water Heaters
1.1.2 Specifications of Heat Pump Water Heaters
1.2 Classification of Heat Pump Water Heaters
1.2.1 Air Source Heat Pump
1.2.2 Water Source Heat Pump
1.2.3 Ground Source Heat Pump
1.3 Applications of Heat Pump Water Heaters
1.3.1 Residential Use
1.3.2 Commercial & Industrial Use
1.4 Market Segment by Regions
1.4.1 North America
1.4.2 Europe
1.4.3 China
1.4.4 Japan
1.4.5 Southeast Asia
1.4.6 India
2 Manufacturing Cost Structure Analysis of Heat Pump Water Heaters
2.1 Raw Material and Suppliers
2.2 Manufacturing Cost Structure Analysis of Heat Pump Water Heaters
2.3 Manufacturing Process Analysis of Heat Pump Water Heaters
2.4 Industry Chain Structure of Heat Pump Water Heaters
3 Technical Data and Manufacturing Plants Analysis of Heat Pump Water Heaters
3.1 Capacity and Commercial Production Date of Global Heat Pump Water Heaters Major Manufacturers in
3.2 Manufacturing Plants Distribution of Global Heat Pump Water Heaters Major Manufacturers in
3.3 R&D Status and Technology Source of Global Heat Pump Water Heaters Major Manufacturers in
3.4 Raw Materials Sources Analysis of Global Heat Pump Water Heaters Major Manufacturers in
4 Global Heat Pump Water Heaters Overall Market Overview
4.1 -E Overall Market Analysis
4.2 Capacity Analysis
4.2.1 -E Global Heat Pump Water Heaters Capacity and Growth Rate Analysis
4.2.2 Heat Pump Water Heaters Capacity Analysis (Company Segment)
4.3 Sales Analysis
4.3.1 -E Global Heat Pump Water Heaters Sales and Growth Rate Analysis
4.3.2 Heat Pump Water Heaters Sales Analysis (Company Segment)
4.4 Sales Price Analysis
4.4.1 -E Global Heat Pump Water Heaters Sales Price
4.4.2 Heat Pump Water Heaters Sales Price Analysis (Company Segment)
5 Heat Pump Water Heaters Regional Market Analysis
5.1 North America Heat Pump Water Heaters Market Analysis
5.1.1 North America Heat Pump Water Heaters Market Overview
5.1.2 North America -E Heat Pump Water Heaters Local Supply, Import, Export, Local Consumption Analysis
5.1.3 North America -E Heat Pump Water Heaters Sales Price Analysis
5.1.4 North America Heat Pump Water Heaters Market Share Analysis
5.2 Europe Heat Pump Water Heaters Market Analysis
5.2.1 Europe Heat Pump Water Heaters Market Overview
5.2.2 Europe -E Heat Pump Water Heaters Local Supply, Import, Export, Local Consumption Analysis
5.2.3 Europe -E Heat Pump Water Heaters Sales Price Analysis
5.2.4 Europe Heat Pump Water Heaters Market Share Analysis
5.3 China Heat Pump Water Heaters Market Analysis
5.3.1 China Heat Pump Water Heaters Market Overview
5.3.2 China -E Heat Pump Water Heaters Local Supply, Import, Export, Local Consumption Analysis
5.3.3 China -E Heat Pump Water Heaters Sales Price Analysis
5.3.4 China Heat Pump Water Heaters Market Share Analysis
5.4 Japan Heat Pump Water Heaters Market Analysis
5.4.1 Japan Heat Pump Water Heaters Market Overview
5.4.2 Japan -E Heat Pump Water Heaters Local Supply, Import, Export, Local Consumption Analysis
5.4.3 Japan -E Heat Pump Water Heaters Sales Price Analysis
5.4.4 Japan Heat Pump Water Heaters Market Share Analysis
5.5 Southeast Asia Heat Pump Water Heaters Market Analysis
5.5.1 Southeast Asia Heat Pump Water Heaters Market Overview
5.5.2 Southeast Asia -E Heat Pump Water Heaters Local Supply, Import, Export, Local Consumption Analysis
5.5.3 Southeast Asia -E Heat Pump Water Heaters Sales Price Analysis
5.5.4 Southeast Asia Heat Pump Water Heaters Market Share Analysis
5.6 India Heat Pump Water Heaters Market Analysis
5.6.1 India Heat Pump Water Heaters Market Overview
5.6.2 India -E Heat Pump Water Heaters Local Supply, Import, Export, Local Consumption Analysis
5.6.3 India -E Heat Pump Water Heaters Sales Price Analysis
5.6.4 India Heat Pump Water Heaters Market Share Analysis
6 Global -E Heat Pump Water Heaters Segment Market Analysis (by Type)
6.1 Global -E Heat Pump Water Heaters Sales by Type
6.2 Different Types of Heat Pump Water Heaters Product Interview Price Analysis
6.3 Different Types of Heat Pump Water Heaters Product Driving Factors Analysis
6.3.1 Air Source Heat Pump Growth Driving Factor Analysis
6.3.2 Water Source Heat Pump Growth Driving Factor Analysis
6.3.3 Ground Source Heat Pump Growth Driving Factor Analysis
7 Global -E Heat Pump Water Heaters Segment Market Analysis (by Application)
7.1 Global -E Heat Pump Water Heaters Consumption by Application
7.2 Different Application of Heat Pump Water Heaters Product Interview Price Analysis
7.3 Different Application of Heat Pump Water Heaters Product Driving Factors Analysis
7.3.1 Residential Use of Heat Pump Water Heaters Growth Driving Factor Analysis
7.3.2 Commercial & Industrial Use of Heat Pump Water Heaters Growth Driving Factor Analysis
8 Major Manufacturers Analysis of Heat Pump Water Heaters
8.1 Panasonic
8.1.1 Company Profile
8.1.2 Product Picture and Specifications
8.1.2.1 Product A
8.1.2.2 Product B
8.1.3 Panasonic Heat Pump Water Heaters Sales, Ex-factory Price, Revenue, Gross Margin Analysis
8.1.4 Panasonic Heat Pump Water Heaters Business Region Distribution Analysis
8.2 Mitsubishi Electric
8.2.1 Company Profile
8.2.2 Product Picture and Specifications
8.2.2.1 Product A
8.2.2.2 Product B
8.2.3 Mitsubishi Electric Heat Pump Water Heaters Sales, Ex-factory Price, Revenue, Gross Margin Analysis
8.2.4 Mitsubishi Electric Heat Pump Water Heaters Business Region Distribution Analysis
8.3 GE Appliances
8.3.1 Company Profile
8.3.2 Product Picture and Specifications
8.3.2.1 Product A
8.3.2.2 Product B
8.3.3 GE Appliances Heat Pump Water Heaters Sales, Ex-factory Price, Revenue, Gross Margin Analysis
8.3.4 GE Appliances Heat Pump Water Heaters Business Region Distribution Analysis
8.4 GREE
8.4.1 Company Profile
8.4.2 Product Picture and Specifications
8.4.2.1 Product A
8.4.2.2 Product B
8.4.3 GREE Heat Pump Water Heaters Sales, Ex-factory Price, Revenue, Gross Margin Analysis
8.4.4 GREE Heat Pump Water Heaters Business Region Distribution Analysis
8.5 Midea
8.5.1 Company Profile
8.5.2 Product Picture and Specifications
8.5.2.1 Product A
8.5.2.2 Product B
8.5.3 Midea Heat Pump Water Heaters Sales, Ex-factory Price, Revenue, Gross Margin Analysis
8.5.4 Midea Heat Pump Water Heaters Business Region Distribution Analysis
8.6 Darkin
8.6.1 Company Profile
8.6.2 Product Picture and Specifications
8.6.2.1 Product A
8.6.2.2 Product B
8.6.3 Darkin Heat Pump Water Heaters Sales, Ex-factory Price, Revenue, Gross Margin Analysis
8.6.4 Darkin Heat Pump Water Heaters Business Region Distribution Analysis
8.7 A. O. Smith
8.7.1 Company Profile
8.7.2 Product Picture and Specifications
8.7.2.1 Product A
8.7.2.2 Product B
8.7.3 A. O. Smith Heat Pump Water Heaters Sales, Ex-factory Price, Revenue, Gross Margin Analysis
8.7.4 A. O. Smith Heat Pump Water Heaters Business Region Distribution Analysis
8.8 Hitachi
8.8.1 Company Profile
8.8.2 Product Picture and Specifications
8.8.2.1 Product A
8.8.2.2 Product B
8.8.3 Hitachi Heat Pump Water Heaters Sales, Ex-factory Price, Revenue, Gross Margin Analysis
8.8.4 Hitachi Heat Pump Water Heaters Business Region Distribution Analysis
8.9 Jandy
8.9.1 Company Profile
8.9.2 Product Picture and Specifications
8.9.2.1 Product A
8.9.2.2 Product B
8.9.3 Jandy Heat Pump Water Heaters Sales, Ex-factory Price, Revenue, Gross Margin Analysis
8.9.4 Jandy Heat Pump Water Heaters Business Region Distribution Analysis
8.10 Wotech
8.10.1 Company Profile
8.10.2 Product Picture and Specifications
8.10.2.1 Product A
8.10.2.2 Product B
8.10.3 Wotech Heat Pump Water Heaters Sales, Ex-factory Price, Revenue, Gross Margin Analysis
8.10.4 Wotech Heat Pump Water Heaters Business Region Distribution Analysis
8.11 Zhejiang Zhongguang
8.12 Pentair
8.13 New Energy
8.14 Dimplex
8.15 Hayward
8.16 Viessmann
8.17 Toshiba
8.18 Alpha-Innotec
8.19 Tongyi
8.20 Zhongrui
8.21 Thermia
8.22 Itomic
8.23 Rheem
8.24 Hangzhou Jinjiang Solar
8.25 Ochsner
8.26 Stiebel-Eltron
9 Development Trend of Analysis of Heat Pump Water Heaters Market
9.1 Global Heat Pump Water Heaters Market Trend Analysis
9.1.1 Global -2025 Heat Pump Water Heaters Market Size (Volume and Value) Forecast
9.1.2 Global -2025 Heat Pump Water Heaters Sales Price Forecast
9.2 Heat Pump Water Heaters Regional Market Trend
9.2.1 North America -2025 Heat Pump Water Heaters Consumption Forecast
9.2.2 Europe -2025 Heat Pump Water Heaters Consumption Forecast
9.2.3 China -2025 Heat Pump Water Heaters Consumption Forecast
9.2.4 Japan -2025 Heat Pump Water Heaters Consumption Forecast
9.2.5 Southeast Asia -2025 Heat Pump Water Heaters Consumption Forecast
9.2.6 India -2025 Heat Pump Water Heaters Consumption Forecast
9.3 Heat Pump Water Heaters Market Trend (Product Type)
9.4 Heat Pump Water Heaters Market Trend (Application)
10 Heat Pump Water Heaters Marketing Type Analysis
10.1 Heat Pump Water Heaters Regional Marketing Type Analysis
10.2 Heat Pump Water Heaters International Trade Type Analysis
10.3 Traders or Distributors with Contact Information of Heat Pump Water Heaters by Region
10.4 Heat Pump Water Heaters Supply Chain Analysis
11 Consumers Analysis of Heat Pump Water Heaters
11.1 Consumer 1 Analysis
11.2 Consumer 2 Analysis
11.3 Consumer 3 Analysis
11.4 Consumer 4 Analysis
12 Conclusion of the Global Heat Pump Water Heaters Market Professional Survey Report
Methodology
Analyst Introduction
Data Source
List of Tables and Figures
Figure Picture of Heat Pump Water Heaters
Table Product Specifications of Heat Pump Water Heaters
Table Classification of Heat Pump Water Heaters
Figure Global Production Market Share of Heat Pump Water Heaters by Type in
Figure Air Source Heat Pump Picture
Table Major Manufacturers of Air Source Heat Pump
Figure Water Source Heat Pump Picture
Table Major Manufacturers of Water Source Heat Pump
Figure Ground Source Heat Pump Picture
Table Major Manufacturers of Ground Source Heat Pump
Table Applications of Heat Pump Water Heaters
Figure Global Consumption Volume Market Share of Heat Pump Water Heaters by Application in
Figure Residential Use Examples
Table Major Consumers in Residential Use
Figure Commercial & Industrial Use Examples
Table Major Consumers in Commercial & Industrial Use
Figure Market Share of Heat Pump Water Heaters by Regions
Figure North America Heat Pump Water Heaters Market Size (Million USD) (-2025)
Figure Europe Heat Pump Water Heaters Market Size (Million USD) (-2025)
Figure China Heat Pump Water Heaters Market Size (Million USD) (-2025)
Figure Japan Heat Pump Water Heaters Market Size (Million USD) (-2025)
Figure Southeast Asia Heat Pump Water Heaters Market Size (Million USD) (-2025)
Figure India Heat Pump Water Heaters Market Size (Million USD) (-2025)
Table Heat Pump Water Heaters Raw Material and Suppliers
Table Manufacturing Cost Structure Analysis of Heat Pump Water Heaters in
Figure Manufacturing Process Analysis of Heat Pump Water Heaters
Figure Industry Chain Structure of Heat Pump Water Heaters
Table Capacity and Commercial Production Date of Global Heat Pump Water Heaters Major Manufacturers in
Table Manufacturing Plants Distribution of Global Heat Pump Water Heaters Major Manufacturers in
Table R&D Status and Technology Source of Global Heat Pump Water Heaters Major Manufacturers in
Table Raw Materials Sources Analysis of Global Heat Pump Water Heaters Major Manufacturers in
Table Global Capacity, Sales , Price, Cost, Sales Revenue (M USD) and Gross Margin of Heat Pump Water Heaters -E
Figure Global -E Heat Pump Water Heaters Market Size (Volume) and Growth Rate
Figure Global -E Heat Pump Water Heaters Market Size (Value) and Growth Rate
Table -E Global Heat Pump Water Heaters Capacity and Growth Rate
Table Global Heat Pump Water Heaters Capacity (K Units) List (Company Segment)
Table -E Global Heat Pump Water Heaters Sales (K Units) and Growth Rate
Table Global Heat Pump Water Heaters Sales (K Units) List (Company Segment)
Table -E Global Heat Pump Water Heaters Sales Price (USD/Unit)
Table Global Heat Pump Water Heaters Sales Price (USD/Unit) List (Company Segment)
Figure North America Capacity Overview
Table North America Supply, Import, Export and Consumption (K Units) of Heat Pump Water Heaters -E
Figure North America -E Heat Pump Water Heaters Sales Price (USD/Unit)
Figure North America Heat Pump Water Heaters Sales Market Share
Figure Europe Capacity Overview
Table Europe Supply, Import, Export and Consumption (K Units) of Heat Pump Water Heaters -E
Figure Europe -E Heat Pump Water Heaters Sales Price (USD/Unit)
Figure Europe Heat Pump Water Heaters Sales Market Share
Figure China Capacity Overview
Table China Supply, Import, Export and Consumption (K Units) of Heat Pump Water Heaters -E
Figure China -E Heat Pump Water Heaters Sales Price (USD/Unit)
Figure China Heat Pump Water Heaters Sales Market Share
Figure Japan Capacity Overview
Table Japan Supply, Import, Export and Consumption (K Units) of Heat Pump Water Heaters -E
Figure Japan -E Heat Pump Water Heaters Sales Price (USD/Unit)
Figure Japan Heat Pump Water Heaters Sales Market Share
Figure Southeast Asia Capacity Overview
Table Southeast Asia Supply, Import, Export and Consumption (K Units) of Heat Pump Water Heaters -E
Figure Southeast Asia -E Heat Pump Water Heaters Sales Price (USD/Unit)
Figure Southeast Asia Heat Pump Water Heaters Sales Market Share
Figure India Capacity Overview
Table India Supply, Import, Export and Consumption (K Units) of Heat Pump Water Heaters -E
Figure India -E Heat Pump Water Heaters Sales Price (USD/Unit)
Figure India Heat Pump Water Heaters Sales Market Share
Table Global -E Heat Pump Water Heaters Sales (K Units) by Type
Table Different Types Heat Pump Water Heaters Product Interview Price
Table Global -E Heat Pump Water Heaters Sales (K Units) by Application
Table Different Application Heat Pump Water Heaters Product Interview Price
Table Panasonic Information List
Table Product Overview
Table Panasonic Heat Pump Water Heaters Revenue (Million USD), Sales (K Units), Ex-factory Price (USD/Unit)
Figure Panasonic Heat Pump Water Heaters Business Region Distribution
Table Mitsubishi Electric Information List
Table Product Overview
Table Mitsubishi Electric Heat Pump Water Heaters Revenue (Million USD), Sales (K Units), Ex-factory Price (USD/Unit)
Figure Mitsubishi Electric Heat Pump Water Heaters Business Region Distribution
Table GE Appliances Information List
Table Product Overview
Table GE Appliances Heat Pump Water Heaters Revenue (Million USD), Sales (K Units), Ex-factory Price (USD/Unit)
Figure GE Appliances Heat Pump Water Heaters Business Region Distribution
Table GREE Information List
Table Product Overview
Table GREE Heat Pump Water Heaters Revenue (Million USD), Sales (K Units), Ex-factory Price (USD/Unit)
Figure GREE Heat Pump Water Heaters Business Region Distribution
Table Midea Information List
Table Product Overview
Table Midea Heat Pump Water Heaters Revenue (Million USD), Sales (K Units), Ex-factory Price (USD/Unit)
Figure Midea Heat Pump Water Heaters Business Region Distribution
Table Darkin Information List
Table Product Overview
Table Darkin Heat Pump Water Heaters Revenue (Million USD), Sales (K Units), Ex-factory Price (USD/Unit)
Figure Darkin Heat Pump Water Heaters Business Region Distribution
Table A. O. Smith Information List
Table Product Overview
Table A. O. Smith Heat Pump Water Heaters Revenue (Million USD), Sales (K Units), Ex-factory Price (USD/Unit)
Figure A. O. Smith Heat Pump Water Heaters Business Region Distribution
Table Hitachi Information List
Table Product Overview
Table Hitachi Heat Pump Water Heaters Revenue (Million USD), Sales (K Units), Ex-factory Price (USD/Unit)
Figure Hitachi Heat Pump Water Heaters Business Region Distribution
Table Jandy Information List
Table Product Overview
Table Jandy Heat Pump Water Heaters Revenue (Million USD), Sales (K Units), Ex-factory Price (USD/Unit)
Figure Jandy Heat Pump Water Heaters Business Region Distribution
Table Wotech Information List
Table Product Overview
Table Wotech Heat Pump Water Heaters Revenue (Million USD), Sales (K Units), Ex-factory Price (USD/Unit)
Figure Wotech Heat Pump Water Heaters Business Region Distribution
Table Zhejiang Zhongguang Information List
Table Pentair Information List
Table New Energy Information List
Table Dimplex Information List
Table Hayward Information List
Table Viessmann Information List
Table Toshiba Information List
Table Alpha-Innotec Information List
Table Tongyi Information List
Table Zhongrui Information List
Table Thermia Information List
Table Itomic Information List
Table Rheem Information List
Table Hangzhou Jinjiang Solar Information List
Table Ochsner Information List
Table Stiebel-Eltron Information List
Figure Global -2025 Heat Pump Water Heaters Market Size (K Units) and Growth Rate Forecast
Figure Global -2025 Heat Pump Water Heaters Market Size (Million USD) and Growth Rate Forecast
Figure Global -2025 Heat Pump Water Heaters Sales Price (USD/Unit) Forecast
Figure North America -2025 Heat Pump Water Heaters Consumption Volume (K Units) and Growth Rate Forecast
Figure China -2025 Heat Pump Water Heaters Consumption Volume (K Units) and Growth Rate Forecast
Figure Europe -2025 Heat Pump Water Heaters Consumption Volume (K Units) and Growth Rate Forecast
Figure Southeast Asia -2025 Heat Pump Water Heaters Consumption Volume (K Units) and Growth Rate Forecast
Figure Japan -2025 Heat Pump Water Heaters Consumption Volume (K Units) and Growth Rate Forecast
Figure India -2025 Heat Pump Water Heaters Consumption Volume (K Units) and Growth Rate Forecast
Table Global Sales Volume (K Units) of Heat Pump Water Heaters by Type -2025
Table Global Consumption Volume (K Units) of Heat Pump Water Heaters by Application -2025
Table Traders or Distributors with Contact Information of Heat Pump Water Heaters by Region