出版：MarketsandMarkets（マーケッツアンドマーケッツ） 出版年月：2024年1月
Heat Pump Water Heater Market – Global Forecast to 2028
ヒートポンプ給湯器市場 : タイプ（対流（ATA）、温水式（ATW）、水源（WSHP）、地熱、ハイブリッド）、貯蔵タンク（500Lまで、500～1,000L、1,000L超）、冷媒の種類（R410A、R407C、R744）、定格容量、エンドユーザー地域 – 2028年までの世界予測
Heat Pump Water Heater Market by Type (Air-to-Air, Air-to-Water, Water Source, Geothermal, Hybrid), Storage Tank (Up to 500 L, 500-1,000 L, Above 1,000 L), Refrigerant Type (R410A, R407C, R744), Rated Capacity, End User Region – Global Forecast to 2028
| ページ数 | 318 |
| 図表数 | 489 |
| 種別 | 英文調査報告書 |
| 価格 |
Report Overview
The global heat pump water heater market is estimated to grow from USD 5.2 billion in 2023 to USD 10.2 billion by 2028; it is expected to record a CAGR of 14.4% during the forecast period.
世界のヒートポンプ給湯器市場は、2023年の52億ドルから2028年までに102億ドルに成長すると推定されています。予測期間中に 14.4% の CAGR を記録すると予想されます。
The growing demand for heat pump water heaters can be attributed to an increase in awareness for sustainable development. Consumers are becoming more environmentally conscious and are seeking energy-efficient and sustainable heating solutions. The majority of governments around the globe are implementing various policies and schemes to promote the adoption of energy-efficient technologies, including heat pump water heaters. These supportive regulations have helped to drive the market’s growth and increase consumer interest in sustainable and green heating solutions.
“Upto 500 Litres Heat pump water heaters: The largest segment of the heat pump water heater market, by Storage Tank Capacity “
Based on Storage tank capacity, the heat pump water heater market is categorized into three categories: up to 500 liters, 500–1,000 liters, and above 1,000 liters. According to 2022, Up to 500 liters segment is expected to be the largest segment. The market for heat pump water heaters has a lot of units with 500-liter storage tanks since efficiency, usability, and customer demand have all been carefully balanced. Because it can optimally consume energy while efficiently supplying hot water for daily home demands, this particular capability has become more and more common. Data from the Energy Technology Systems Analysis Program of the International Energy Agency (IEA) show that the average daily demand for hot water in homes in Europe is 24 liters per person. This indicates that heat pump water heaters larger than 500 liters are not always necessary for the residential sector, which makes them perfect for the home sector. The 500-liter tank achieves a balance that guarantees a plentiful supply of hot water without needless surplus, which could waste electricity. Its dimensions are in line with those of residential buildings, and it easily fits into the available places.
“By End user industry, Residential segment is expected to be the fastest growing segment during the forecast period.”
Based on the end user segment, the heat pump water heater market is segmented into three categories: residential, commercial, and industrial. The Residential segment is expected to be the fastest growing segment during the forecast period of 2023-2028 at a CAGR of 15.7%. These systems’ compact design and adaptability not only make them ideal for a range of residential living spaces but they also highlight how well they integrate with a variety of architectural layouts and spatial restrictions. Installing heat pump water heaters in small apartments, roomy single-family homes, or multi-story buildings guarantees that the least amount of space is needed. The adaptability and compact design of these systems not only make them well-suited for a variety of living spaces within the residential sector but also underscore their versatility in seamlessly integrating with diverse architectural layouts and spatial constraints. Whether installed in compact apartments, spacious single-family homes, or multi-story residences, the compact footprint of heat pump water heaters ensures minimal space requirements. Growing demand for energy-efficient HVAC systems in urbanized areas, cost savings, environmental awareness have made the fastest growing market for residential in heat pump water heaters.
“North America is expected to be the second largest growing region in the heat pump water heater market.”
North America is expected to be the second largest region in the heat pump water heater market during the forecast period. North America is divided into the US, Canada, and Mexico. The North American heat pump market has expanded as demand for heating, ventilation, and air-conditioning (HVAC) systems has increased. Factors such as rising demand for ecologically friendly heating solutions, expansion of the residential and commercial building sectors, and technological advancements in heat pump water heaters are also contributing to market growth. It is utilized in a wide range of domestic, commercial, and industrial applications, including general manufacturing, chemical and petroleum, food and drinks, utilities, textile and leather, wood goods, metal, and others. There are numerous government incentives for heat pump water heaters in North America. For instance, the federal tax credits up to 30% of the cost of the equipment, i.e., $2,000 for heat pump water heaters, and there are also state-level or utility-level incentives available in many states.
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 and assess future market prospects. The distribution of primary interviews is as follows:
By Company Type: Tier 1- 60%, Tier 2- 25%, and Tier 3- 15%
By Designation: C-Level- 35%, Director Level- 25%, and Others- 40%
By Region: North America- 36%, Europe- 19%, Asia Pacific- 33%, Rest of the World – 4%
Note: Others include sales managers, engineers, and regional managers.
Note: The tiers of the companies are defined on the basis of their total revenues as of 2022. Tier 1: > USD 1 billion, Tier 2: From USD 500 million to USD 1 billion, and Tier 3: < USD 500 million
The heat pump water heater market is dominated by a few major players that have a wide regional presence. The leading players in the heat pump water heater market are Panasonic Holding Corporation (Japan), LG Electronics (South Korea), Johnson Controls-Hitachi Air Conditioning (Japan), Mitsubishi Electric (Japan), and Trane Technologies (US). The major strategy adopted by the players includes new product launches, contracts, agreements, partnerships, joint ventures, acquisitions, and investments & expansions.
Research Coverage:
The report defines, describes, and forecasts the global heat pump water heater market by, source, technology, generation and delivery mode, application, and region. It also offers a detailed qualitative and quantitative analysis of the market. The report comprehensively reviews the major market drivers, restraints, opportunities, and challenges. It also covers various important aspects of the market. These include an analysis of the competitive landscape, market dynamics, market estimates in terms of value, and future trends in the heat pump water heater market.
Key Benefits of Buying the Report
• Government initiatives at the national and international levels amplify the impact of investment on the heat pump water heater market. Robust policy frameworks, often accompanied by financial incentives, subsidies, and regulatory support, encourage widespread adoption of heat pump water heaters for green hydrogen production. Factors such as high initial cost and lack of infrastructure restrain the growth of the market. The growing energy transition towards renewable energy sources and rapid urbanization are expected to present lucrative opportunities for the players operating in the heat pump water heater market.
• Product Development/ Innovation: The heat pump water heater market is witnessing significant product development and innovation, driven by the growing demand for environmentally friendly, safe and sustainable products. Companies are investing in developing advanced heat pump water heater technologies for various applications.
• Market Development: Panasonic Corporation partnered with Systemair on technology to launch heating and cooling products to offer its customers more options related to HVAC products, including heat pumps. Both companies will have their separate sales channels and branding for these products.
• Market Diversification: Daikin Industries, Ltd. has recently established a new factory for heat pump units at the Ksawerów Industrial Park in Lodz Province, Poland. The new production base will start operations in July 2024 to meet the rapidly increasing demand for heat pumps in Europe.
• Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players, like include Panasonic Holding Corporation (Japan), LG Electronics (South Korea), Johnson Controls-Hitachi Air Conditioning (Japan), Mitsubishi Electric (Japan), and Trane Technologies (US) among others in the heat pump water heater market
Table of Contents
1 INTRODUCTION 35
1.1 STUDY OBJECTIVES 35
1.2 MARKET DEFINITION 35
1.2.1 INCLUSIONS AND EXCLUSIONS 36
1.3 STUDY SCOPE 37
1.3.1 MARKETS COVERED 37
1.3.2 REGIONAL SCOPE 37
1.3.3 YEARS CONSIDERED 38
1.3.4 CURRENCY CONSIDERED 38
1.3.5 UNITS CONSIDERED 38
1.4 LIMITATIONS 38
1.5 STAKEHOLDERS 39
1.6 SUMMARY OF CHANGES 39
1.7 IMPACT OF RECESSION 40
2 RESEARCH METHODOLOGY 41
2.1 RESEARCH DATA 41
FIGURE 1 HEAT PUMP WATER HEATER MARKET: RESEARCH DESIGN 42
2.1.1 SECONDARY DATA 43
TABLE 1 LIST OF MAJOR SECONDARY SOURCES 43
2.1.1.1 Key secondary sources 43
2.1.2 PRIMARY DATA 44
TABLE 2 LIST OF PRIMARY INTERVIEW PARTICIPANTS 44
2.1.2.1 Key industry insights 44
2.1.2.2 Breakdown of primaries 45
FIGURE 2 BREAKDOWN OF PRIMARIES 45
2.2 MARKET BREAKDOWN AND DATA TRIANGULATION 46
FIGURE 3 DATA TRIANGULATION 46
2.3 MARKET SIZE ESTIMATION 47
2.3.1 BOTTOM-UP APPROACH 47
FIGURE 4 HEAT PUMP WATER HEATER MARKET: BOTTOM-UP APPROACH 47
2.3.2 TOP-DOWN APPROACH 48
FIGURE 5 HEAT PUMP WATER HEATER MARKET: TOP-DOWN APPROACH 48
2.4 DEMAND-SIDE ANALYSIS 49
FIGURE 6 HEAT PUMP WATER HEATER MARKET: DEMAND-SIDE ANALYSIS 49
2.4.1 DEMAND-SIDE METRICS 49
FIGURE 7 METRICS CONSIDERED TO ANALYZE AND ASSESS DEMAND FOR HEAT PUMP WATER HEATERS 49
2.4.1.1 Assumptions for demand-side analysis 49
2.4.1.2 Calculations for demand-side analysis 50
2.5 SUPPLY-SIDE ANALYSIS 50
2.5.1 SUPPLY-SIDE METRICS 50
FIGURE 8 KEY METRICS CONSIDERED TO ASSESS SUPPLY OF HEAT PUMP WATER HEATERS 50
FIGURE 9 HEAT PUMP WATER HEATER MARKET: SUPPLY-SIDE ANALYSIS 51
2.5.1.1 Calculations for supply-side analysis 51
2.5.1.2 Assumptions for supply-side analysis 51
2.6 FORECAST 51
2.7 RISK ASSESSMENT 52
2.8 RECESSION IMPACT 52
3 EXECUTIVE SUMMARY 53
TABLE 3 HEAT PUMP WATER HEATER MARKET SNAPSHOT 53
FIGURE 10 ASIA PACIFIC HELD LARGEST SHARE OF HEAT PUMP WATER HEATER MARKET IN 2022 54
FIGURE 11 UP TO 10 KW SEGMENT TO LEAD HEAT PUMP WATER HEATER MARKET IN 2028 55
FIGURE 12 AIR-TO-AIR HEAT PUMP WATER HEATERS SEGMENT TO HOLD LARGEST SHARE OF HEAT PUMP WATER HEATER MARKET IN 2028 55
FIGURE 13 R410A SEGMENT TO DOMINATE HEAT PUMP WATER HEATER MARKET IN 2028 56
FIGURE 14 UP TO 500 LITERS SEGMENT TO DOMINATE HEAT PUMP WATER HEATER MARKET IN 2028 56
FIGURE 15 RESIDENTIAL SEGMENT TO DOMINATE HEAT PUMP WATER HEATER MARKET IN 2028 57
4 PREMIUM INSIGHTS 58
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN HEAT PUMP WATER HEATER MARKET 58
FIGURE 16 RISING DEMAND FOR RESIDENTIAL AND COMMERCIAL WATER HEATING SOLUTIONS 58
4.2 HEAT PUMP WATER HEATER MARKET, BY REGION 59
FIGURE 17 EUROPEAN HEAT PUMP WATER HEATER MARKET TO EXHIBIT HIGHEST CAGR DURING FORECAST PERIOD 59
4.3 ASIA PACIFIC HEAT PUMP WATER HEATER MARKET, BY END USER AND COUNTRY 59
FIGURE 18 RESIDENTIAL SEGMENT AND CHINA HELD LARGEST SHARES OF ASIA PACIFIC HEAT PUMP WATER HEATER MARKET IN 2022 59
4.4 HEAT PUMP WATER HEATER MARKET, BY TYPE 60
FIGURE 19 AIR-TO-AIR HEAT PUMP WATER HEATERS SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE IN 2028 60
4.5 HEAT PUMP WATER HEATER MARKET, BY RATED CAPACITY 60
FIGURE 20 10–20 KW SEGMENT TO ACCOUNT FOR LARGEST SHARE OF HEAT PUMP WATER HEATER MARKET IN 2028 60
4.6 HEAT PUMP WATER HEATER MARKET, BY END USER 61
FIGURE 21 RESIDENTIAL SEGMENT TO DOMINATE HEAT PUMP WATER HEATER MARKET IN 2028 61
4.7 HEAT PUMP WATER HEATER MARKET, BY STORAGE TANK CAPACITY 61
FIGURE 22 UP TO 500 LITERS SEGMENT TO DOMINATE HEAT PUMP WATER HEATER MARKET IN 2028 61
4.8 HEAT PUMP WATER HEATER MARKET, BY REFRIGERANT TYPE 62
FIGURE 23 R410A SEGMENT TO DOMINATE HEAT PUMP WATER HEATER MARKET IN 2028 62
5 MARKET OVERVIEW 63
5.1 INTRODUCTION 63
5.2 MARKET DYNAMICS 63
FIGURE 24 HEAT PUMP WATER HEATER MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 63
5.2.1 DRIVERS 64
5.2.1.1 Increasing installation of heat pump water heaters in residential, commercial, and industrial sectors to reduce carbon dioxide (CO2) emissions 64
5.2.1.2 Government-led incentives and regulations to enhance energy efficiency 65
5.2.2 RESTRAINTS 65
5.2.2.1 Variability in performance of heat pump water heaters based on climatic conditions 65
5.2.2.2 Complexities associated with installation and maintenance of heat pump water heaters 65
5.2.3 OPPORTUNITIES 66
5.2.3.1 Expansion of heat pump water heater market in emerging economies and untapped regions 66
5.2.3.2 Integration of Internet of Things (IoT) with heat pump water heaters 66
5.2.3.3 Increased sales of heat pumps in Europe 67
FIGURE 25 ANNUAL SALES GROWTH OF HEAT PUMPS WORLDWIDE AND SELECTED MARKETS BETWEEN 2021 AND 2022 67
5.2.4 CHALLENGES 68
5.2.4.1 Lack of awareness regarding benefits of heat pump water heaters in developing and underdeveloped countries 68
5.2.4.2 High installation cost 68
5.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES 69
FIGURE 26 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES 69
5.4 PRICING ANALYSIS 70
5.4.1 INDICATIVE PRICE TREND OF HEAT PUMP WATER HEATERS, BY REGION 70
TABLE 4 INDICATIVE PRICE TREND OF HEAT PUMP WATER HEATERS, BY REGION, 2022–2028 (USD) 70
5.4.2 INDICATIVE PRICE TREND OF HEAT PUMP WATER HEATERS, BY END USER 70
TABLE 5 INDICATIVE PRICE TREND OF HEAT PUMP WATER HEATERS, BY END USER, 2022–2028 (USD) 70
5.5 SUPPLY CHAIN ANALYSIS 71
FIGURE 27 HEAT PUMP WATER HEATER MARKET: SUPPLY CHAIN ANALYSIS 71
5.5.1 RAW MATERIAL SUPPLIERS 71
5.5.2 ORIGINAL EQUIPMENT MANUFACTURERS (OEMS) 71
5.5.3 DISTRIBUTORS 71
5.5.4 END USERS 72
5.6 ECOSYSTEM/MARKET MAP 72
FIGURE 28 HEAT PUMP WATER HEATER MARKET MAP 72
TABLE 6 COMPANIES AND THEIR ROLES IN HEAT PUMP WATER HEATER ECOSYSTEM 73
5.7 REGULATORY LANDSCAPE 74
5.7.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 74
TABLE 7 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 74
TABLE 8 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 74
TABLE 9 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 75
TABLE 10 SOUTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 75
TABLE 11 MIDDLE EAST & AFRICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 76
5.7.2 REGULATORY FRAMEWORK RELATED TO HEAT PUMP WATER HEATERS 76
5.7.2.1 Regulatory framework in North America 76
5.7.2.2 Regulatory framework in Europe 76
5.7.2.3 Regulatory framework in Asia Pacific 77
5.7.2.4 Regulatory framework in RoW 77
5.8 PATENT ANALYSIS 78
FIGURE 29 HEAT PUMP WATER HEATER MARKET: INNOVATIONS AND PATENT REGISTRATIONS, 2012–2022 78
TABLE 12 HEAT PUMP WATER HEATER MARKET: INNOVATIONS AND PATENT REGISTRATIONS, 2018–2022 78
5.9 CASE STUDY ANALYSIS 80
5.9.1 COMMERCIAL FACILITY USED DAIKIN INDUSTRIES’ HEAT PUMP WATER HEATER TO REVOLUTIONIZE WATER HEATING EFFICIENCY 80
5.9.2 INDUSTRIAL PLANT IMPLEMENTED CARRIER AQUAEDGE 19DV WATER-COOLED CHILLER WITH HEAT RECOVERY TO REDUCE ENERGY COSTS, INCREASE OPERATIONAL EFFICIENCY, AND MINIMIZE ENVIRONMENTAL IMPACT 80
5.9.3 HOTEL DEPLOYED A. O. SMITH VOLTEX HYBRID ELECTRIC HEAT PUMP WATER HEATER TO ENHANCE HOSPITALITY WITH SUSTAINABLE HOT WATER SOLUTIONS 80
5.10 TECHNOLOGY ANALYSIS 81
5.10.1 HYBRID HEAT PUMP SYSTEMS 81
5.10.2 ENERGY RECOVERY SYSTEMS 81
5.10.3 VARIABLE SPEED COMPRESSORS 81
5.11 KEY CONFERENCES AND EVENTS, 2023–2024 82
TABLE 13 HEAT PUMP WATER HEATER MARKET: LIST OF KEY CONFERENCES AND EVENTS, 2023–2024 82
5.12 TRADE ANALYSIS 83
5.12.1 EXPORT SCENARIO 83
TABLE 14 EXPORT DATA FOR HS CODE 8418-COMPLIANT PRODUCTS, BY COUNTRY, 2020–2022 (USD THOUSAND) 83
FIGURE 30 EXPORT DATA FOR HS CODE 8418-COMPLIANT PRODUCTS FOR TOP FIVE COUNTRIES, 2020–2022 (USD THOUSAND) 83
5.12.2 IMPORT SCENARIO 84
TABLE 15 IMPORT SCENARIO FOR HS CODE 8418-COMPLIANT PRODUCTS, BY COUNTRY, 2020–2022 (USD THOUSAND) 84
FIGURE 31 IMPORT DATA FOR HS CODE 8418-COMPLIANT PRODUCTS FOR TOP FIVE COUNTRIES, 2020–2022 (USD THOUSAND) 84
5.13 PORTER’S FIVE FORCES ANALYSIS 84
FIGURE 32 HEAT PUMP WATER HEATER MARKET: PORTER’S FIVE FORCES ANALYSIS 85
TABLE 16 HEAT PUMP WATER HEATER MARKET: PORTER’S FIVE FORCES ANALYSIS 85
5.13.1 THREAT OF SUBSTITUTES 85
5.13.2 BARGAINING POWER OF SUPPLIERS 86
5.13.3 BARGAINING POWER OF BUYERS 86
5.13.4 THREAT OF NEW ENTRANTS 86
5.13.5 INTENSITY OF COMPETITIVE RIVALRY 86
5.14 KEY STAKEHOLDERS AND BUYING CRITERIA 87
5.14.1 KEY STAKEHOLDERS IN BUYING PROCESS 87
FIGURE 33 INFLUENCE OF KEY STAKEHOLDERS ON BUYING PROCESS, BY END USER 87
TABLE 17 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY END USER (%) 87
5.14.2 BUYING CRITERIA 88
FIGURE 34 KEY BUYING CRITERIA, BY END USER 88
TABLE 18 KEY BUYING CRITERIA, BY END USER 88
6 HEAT PUMP WATER HEATER MARKET, BY STORAGE TANK CAPACITY 89
6.1 INTRODUCTION 90
FIGURE 35 HEAT PUMP WATER HEATER MARKET, BY STORAGE TANK CAPACITY, 2022 90
TABLE 19 HEAT PUMP WATER HEATER MARKET, BY STORAGE TANK CAPACITY, 2019–2022 (USD MILLION) 90
TABLE 20 HEAT PUMP WATER HEATER MARKET, BY STORAGE TANK CAPACITY, 2023–2028 (USD MILLION) 91
6.2 UP TO 500 LITERS 91
6.2.1 GOVERNMENT SUBSIDIES FOR RESIDENTIAL HEAT PUMPS TO DRIVE DEMAND 91
TABLE 21 UP TO 500 LITERS: HEAT PUMP WATER HEATER MARKET, BY REGION, 2019–2022 (USD MILLION) 92
TABLE 22 UP TO 500 LITERS: HEAT PUMP WATER HEATER MARKET, BY REGION, 2023–2028 (USD MILLION) 92
6.3 500–1,000 LITERS 92
6.3.1 CAPABILITY TO PROVIDE HEATING TO SMALL COMMERCIAL BUSINESSES TO FUEL DEMAND 92
TABLE 23 500–1,000 LITERS: HEAT PUMP WATER HEATER MARKET, BY REGION, 2019–2022 (USD MILLION) 93
TABLE 24 500–1,000 LITERS: HEAT PUMP WATER HEATER MARKET, BY REGION, 2023–2028 (USD MILLION) 93
6.4 ABOVE 1,000 LITERS 94
6.4.1 NEED TO REPLACE CONVENTIONAL HEATING METHODS WITH ENERGY-EFFICIENT ONES AND TECHNOLOGICAL ADVANCEMENTS IN HEAT PUMP WATER HEATERS TO FUEL DEMAND 94
TABLE 25 ABOVE 1,000 LITERS: HEAT PUMP WATER HEATER MARKET, BY REGION, 2019–2022 (USD MILLION) 94
TABLE 26 ABOVE 1,000 LITERS: HEAT PUMP WATER HEATER MARKET, BY REGION, 2023–2028 (USD MILLION) 95
7 HEAT PUMP WATER HEATER MARKET, BY END USER 96
7.1 INTRODUCTION 97
FIGURE 36 HEAT PUMP WATER HEATER MARKET, BY END USER, 2022 97
TABLE 27 HEAT PUMP WATER HEATER MARKET, BY END USER, 2019–2022 (THOUSAND UNITS) 97
TABLE 28 HEAT PUMP WATER HEATER MARKET, BY END USER, 2023–2028 (THOUSAND UNITS) 98
TABLE 29 HEAT PUMP WATER HEATER MARKET, BY END USER, 2019–2022 (USD MILLION) 98
TABLE 30 HEAT PUMP WATER HEATER MARKET, BY END USER, 2023–2028 (USD MILLION) 98
7.2 RESIDENTIAL 99
7.2.1 GOVERNMENT PROGRAMMES AIMED AT ENHANCING ENERGY EFFICIENCY TO INCREASE DEMAND 99
TABLE 31 RESIDENTIAL: HEAT PUMP WATER HEATER MARKET, BY REGION, 2019–2022 (USD MILLION) 99
TABLE 32 RESIDENTIAL: HEAT PUMP WATER HEATER MARKET, BY REGION, 2023–2028 (USD MILLION) 100
7.3 COMMERCIAL 100
7.3.1 GROWING FOCUS ON USING RENEWABLE ENERGY SOURCES FOR COMMERCIAL OPERATIONS TO DRIVE MARKET 100
TABLE 33 COMMERCIAL: HEAT PUMP WATER HEATER MARKET, BY REGION, 2019–2022 (USD MILLION) 101
TABLE 34 COMMERCIAL: HEAT PUMP WATER HEATER MARKET, BY REGION, 2023–2028 (USD MILLION) 101
7.4 INDUSTRIAL 101
7.4.1 ENERGY-EFFICIENT DESIGN TO FUEL DEMAND 101
TABLE 35 INDUSTRIAL: HEAT PUMP WATER HEATER MARKET, BY REGION, 2019–2022 (USD MILLION) 102
TABLE 36 INDUSTRIAL: HEAT PUMP WATER HEATER MARKET, BY REGION, 2023–2028 (USD MILLION) 102
8 HEAT PUMP WATER HEATER MARKET, BY RATED CAPACITY 103
8.1 INTRODUCTION 104
FIGURE 37 HEAT PUMP WATER HEATER MARKET, BY RATED CAPACITY, 2022 104
TABLE 37 HEAT PUMP WATER HEATER MARKET, BY RATED CAPACITY, 2019–2022 (USD MILLION) 104
TABLE 38 HEAT PUMP WATER HEATER MARKET, BY RATED CAPACITY, 2023–2028 (USD MILLION) 105
8.2 UP TO 10 KW 105
8.2.1 SUITABILITY FOR SINGLE-FAMILY HOUSES TO DRIVE DEMAND 105
TABLE 39 UP TO 10 KW: HEAT PUMP WATER HEATER MARKET, BY REGION, 2019–2022 (USD MILLION) 106
TABLE 40 UP TO 10 KW: HEAT PUMP WATER HEATER MARKET, BY REGION, 2023–2028 (USD MILLION) 106
8.3 10–20 KW 106
8.3.1 GROWING DEMAND IN RESIDENTIAL SECTOR TO FUEL MARKET GROWTH 106
TABLE 41 10–20 KW: HEAT PUMP WATER HEATER MARKET, BY REGION, 2019–2022 (USD MILLION) 107
TABLE 42 10–20 KW: HEAT PUMP WATER HEATER MARKET, BY REGION, 2023–2028 (USD MILLION) 107
8.4 20–30 KW 108
8.4.1 ABILITY TO MEET HEATING REQUIREMENTS OF COMMERCIAL SECTOR TO FUEL DEMAND 108
TABLE 43 20–30 KW: HEAT PUMP WATER HEATER MARKET, BY REGION, 2019–2022 (USD MILLION) 108
TABLE 44 20–30 KW: HEAT PUMP WATER HEATER MARKET, BY REGION, 2023–2028 (USD MILLION) 108
8.5 30–100 KW 109
8.5.1 GROWING DEMAND FROM SMALL AND MEDIUM-SIZED COMMERCIAL BUILDINGS TO DRIVE MARKET 109
TABLE 45 30–100 KW: HEAT PUMP WATER HEATER MARKET, BY REGION, 2019–2022 (USD MILLION) 109
TABLE 46 30–100 KW: HEAT PUMP WATER HEATER MARKET, BY REGION, 2023–2028 (USD MILLION) 110
8.6 100–150 KW 110
8.6.1 INCREASING HEATING DEMAND FROM LARGE COMMERCIAL OPERATORS TO DRIVE MARKET 110
TABLE 47 100–150 KW: HEAT PUMP WATER HEATER MARKET, BY REGION, 2019–2022 (USD MILLION) 111
TABLE 48 100–150 KW: HEAT PUMP WATER HEATER MARKET, BY REGION, 2023–2028 (USD MILLION) 111
8.7 ABOVE 150 KW 111
8.7.1 RISING HIGH-VOLUME HOT WATER DEMAND IN VARIOUS INDUSTRIES TO BOOST INSTALLATION 111
TABLE 49 ABOVE 150 KW: HEAT PUMP WATER HEATER MARKET, BY REGION, 2019–2022 (USD MILLION) 112
TABLE 50 ABOVE 150 KW: HEAT PUMP WATER HEATER MARKET, BY REGION, 2023–2028 (USD MILLION) 112
9 HEAT PUMP WATER HEATER MARKET, BY TYPE 113
9.1 INTRODUCTION 114
FIGURE 38 HEAT PUMP WATER HEATER MARKET, BY TYPE, 2022 114
TABLE 51 HEAT PUMP WATER HEATER MARKET, BY TYPE, 2019–2022 (USD MILLION) 114
TABLE 52 HEAT PUMP WATER HEATER MARKET, BY TYPE, 2023–2028 (USD MILLION) 115
9.2 AIR-TO-AIR HEAT PUMP WATER HEATERS 115
9.2.1 LOW INSTALLATION COST TO BOOST DEMAND 115
TABLE 53 AIR-TO-AIR HEAT PUMP WATER HEATERS: HEAT PUMP WATER HEATER MARKET, BY REGION, 2019–2022 (USD MILLION) 116
TABLE 54 AIR-TO-AIR HEAT PUMP WATER HEATERS: HEAT PUMP WATER HEATER MARKET, BY REGION, 2023–2028 (USD MILLION) 116
9.3 AIR-TO-WATER HEAT PUMP WATER HEATERS 116
9.3.1 INCREASING INCLINATION TOWARD SUSTAINABLE ALTERNATIVES TO MINIMIZE ENERGY CONSUMPTION TO FUEL DEMAND 116
TABLE 55 AIR-TO-WATER HEAT PUMP WATER HEATERS: HEAT PUMP WATER HEATER MARKET, BY REGION, 2019–2022 (USD MILLION) 117
TABLE 56 AIR-TO-WATER HEAT PUMP WATER HEATERS: HEAT PUMP WATER HEATER MARKET, BY REGION, 2023–2028 (USD MILLION) 117
9.4 WATER-SOURCE HEAT PUMP WATER HEATERS 118
9.4.1 GROWING AWARENESS REGARDING REDUCING CARBON FOOTPRINT TO DRIVE DEMAND 118
TABLE 57 WATER-SOURCE HEAT PUMP WATER HEATERS: HEAT PUMP WATER HEATER MARKET, BY REGION, 2019–2022 (USD MILLION) 118
TABLE 58 WATER-SOURCE HEAT PUMP WATER HEATERS: HEAT PUMP WATER HEATER MARKET, BY REGION, 2023–2028 (USD MILLION) 119
9.5 GROUND-SOURCE (GEOTHERMAL) HEAT PUMP WATER HEATER 119
9.5.1 HIGH EFFICIENCY AND EMERGENCE AS SUSTAINABLE ALTERNATIVE TO TRADITIONAL HEAT PUMPS TO DRIVE MARKET 119
TABLE 59 GROUND-SOURCE (GEOTHERMAL) HEAT PUMP WATER HEATERS: HEAT PUMP WATER HEATER MARKET, BY REGION, 2019–2022 (USD MILLION) 120
TABLE 60 GROUND-SOURCE (GEOTHERMAL) HEAT PUMP WATER HEATERS: HEAT PUMP WATER HEATER MARKET, BY REGION, 2023–2028 (USD MILLION) 120
9.6 HYBRID HEAT PUMP WATER HEATER 120
9.6.1 GOVERNMENT-LED SUPPORT AND VERSATILITY FOR USE IN ALL SEASONS TO DRIVE DEMAND 120
TABLE 61 HYBRID HEAT PUMP WATER HEATERS: HEAT PUMP WATER HEATER MARKET, BY REGION, 2019–2022 (USD MILLION) 121
TABLE 62 HYBRID HEAT PUMP WATER HEATERS: HEAT PUMP WATER HEATER MARKET, BY REGION, 2023–2028 (USD MILLION) 121
10 HEAT PUMP WATER HEATER MARKET, BY REFRIGERANT TYPE 122
10.1 INTRODUCTION 123
FIGURE 39 HEAT PUMP WATER HEATER MARKET, BY REFRIGERANT TYPE, 2022 123
TABLE 63 HEAT PUMP WATER HEATER MARKET, BY REFRIGERANT TYPE, 2019–2022 (USD MILLION) 123
TABLE 64 HEAT PUMP WATER HEATER MARKET, BY REFRIGERANT TYPE, 2023–2028 (USD MILLION) 124
10.2 R410A 124
10.2.1 RISING DEMAND IN VARIOUS SECTORS DUE TO VERSATILITY AND EFFECTIVENESS TO DRIVE MARKET 124
TABLE 65 R410A: HEAT PUMP WATER HEATER MARKET, BY REGION, 2019–2022 (USD MILLION) 124
TABLE 66 R410A: HEAT PUMP WATER HEATER MARKET, BY REGION, 2023–2028 (USD MILLION) 125
10.3 R407C 125
10.3.1 GROWING DEMAND FOR HEATING, VENTILATION, AND AIR CONDITIONING (HVAC) SYSTEMS WITH RAPID URBANIZATION AND RISING DISPOSABLE INCOME TO DRIVE MARKET 125
TABLE 67 R407C: HEAT PUMP WATER HEATER MARKET, BY REGION, 2019–2022 (USD MILLION) 126
TABLE 68 R407C: HEAT PUMP WATER HEATER MARKET, BY REGION, 2023–2028 (USD MILLION) 126
10.4 R744 126
10.4.1 ECO-FRIENDLY OPERATIONAL FEATURES TO PROPEL DEMAND 126
TABLE 69 R744: HEAT PUMP WATER HEATER MARKET, BY REGION, 2019–2022 (USD MILLION) 127
TABLE 70 R744: HEAT PUMP WATER HEATER MARKET, BY REGION, 2023–2028 (USD MILLION) 127
10.5 OTHERS 127
TABLE 71 OTHERS: HEAT PUMP WATER HEATER MARKET, BY REGION, 2019–2022 (USD MILLION) 128
TABLE 72 OTHERS: HEAT PUMP WATER HEATER MARKET, BY REGION, 2023–2028 (USD MILLION) 128
11 HEAT PUMP WATER HEATER MARKET, BY REGION 129
11.1 INTRODUCTION 130
FIGURE 40 EUROPEAN HEAT PUMP WATER HEATER MARKET TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 130
FIGURE 41 HEAT PUMP WATER HEATER MARKET, BY REGION, 2022 131
TABLE 73 HEAT PUMP WATER HEATER MARKET, BY REGION, 2019–2022 (USD MILLION) 131
TABLE 74 HEAT PUMP WATER HEATER MARKET, BY REGION, 2023–2028 (USD MILLION) 131
TABLE 75 HEAT PUMP WATER HEATER MARKET, BY REGION, 2019–2022 (THOUSAND UNITS) 132
TABLE 76 HEAT PUMP WATER HEATER MARKET, BY REGION, 2023–2028 (THOUSAND UNITS) 132
11.2 ASIA PACIFIC 132
FIGURE 42 ASIA PACIFIC: HEAT PUMP WATER HEATER MARKET SNAPSHOT 133
11.2.1 ASIA PACIFIC HEAT PUMP WATER HEATER MARKET: RECESSION IMPACT 133
11.2.2 BY TYPE 134
TABLE 77 ASIA PACIFIC: HEAT PUMP WATER HEATER MARKET, BY TYPE, 2019–2022 (USD MILLION) 134
TABLE 78 ASIA PACIFIC: HEAT PUMP WATER HEATER MARKET, BY TYPE, 2023–2028 (USD MILLION) 134
11.2.3 BY STORAGE TANK CAPACITY 134
TABLE 79 ASIA PACIFIC: HEAT PUMP WATER HEATER MARKET, BY STORAGE TANK CAPACITY, 2019–2022 (USD MILLION) 134
TABLE 80 ASIA PACIFIC: HEAT PUMP WATER HEATER MARKET, BY STORAGE TANK CAPACITY, 2023–2028 (USD MILLION) 135
11.2.4 BY RATED CAPACITY 135
TABLE 81 ASIA PACIFIC: HEAT PUMP WATER HEATER MARKET, BY RATED CAPACITY, 2019–2022 (USD MILLION) 135
TABLE 82 ASIA PACIFIC: HEAT PUMP WATER HEATER MARKET, BY RATED CAPACITY, 2023–2028 (USD MILLION) 135
11.2.5 BY REFRIGERANT TYPE 136
TABLE 83 ASIA PACIFIC: HEAT PUMP WATER HEATER MARKET, BY REFRIGERANT TYPE, 2019–2022 (USD MILLION) 136
TABLE 84 ASIA PACIFIC: HEAT PUMP WATER HEATER MARKET, BY REFRIGERANT TYPE, 2023–2028 (USD MILLION) 136
11.2.6 BY END USER 136
TABLE 85 ASIA PACIFIC: HEAT PUMP WATER HEATER MARKET, BY END USER, 2019–2022 (USD MILLION) 136
TABLE 86 ASIA PACIFIC: HEAT PUMP WATER HEATER MARKET, BY END USER, 2023–2028 (USD MILLION) 137
11.2.7 BY COUNTRY 137
TABLE 87 ASIA PACIFIC: HEAT PUMP WATER HEATER MARKET, BY REGION, 2019–2022 (USD MILLION) 137
TABLE 88 ASIA PACIFIC: HEAT PUMP WATER HEATER MARKET, BY REGION, 2023–2028 (USD MILLION) 138
11.2.7.1 India 138
11.2.7.1.1 Government-led initiatives for boosting adoption of renewable energy to drive market 138
11.2.7.1.2 By type 139
TABLE 89 INDIA: HEAT PUMP WATER HEATER MARKET, BY TYPE, 2019–2022 (USD MILLION) 139
TABLE 90 INDIA: HEAT PUMP WATER HEATER MARKET, BY TYPE, 2023–2028 (USD MILLION) 139
11.2.7.1.3 By storage tank capacity 139
TABLE 91 INDIA: HEAT PUMP WATER HEATER MARKET, BY STORAGE TANK CAPACITY, 2019–2022 (USD MILLION) 139
TABLE 92 INDIA: HEAT PUMP WATER HEATER MARKET, BY STORAGE TANK CAPACITY, 2023–2028 (USD MILLION) 140
11.2.7.1.4 By rated capacity 140
TABLE 93 INDIA: HEAT PUMP WATER HEATER MARKET, BY RATED CAPACITY, 2019–2022 (USD MILLION) 140
TABLE 94 INDIA: HEAT PUMP WATER HEATER MARKET, BY RATED CAPACITY, 2023–2028 (USD MILLION) 140
11.2.7.1.5 By refrigerant type 141
TABLE 95 INDIA: HEAT PUMP WATER HEATER MARKET, BY REFRIGERANT TYPE, 2019–2022 (USD MILLION) 141
TABLE 96 INDIA: HEAT PUMP WATER HEATER MARKET, BY REFRIGERANT TYPE, 2023–2028 (USD MILLION) 141
11.2.7.1.6 By end user 141
TABLE 97 INDIA: HEAT PUMP WATER HEATER MARKET, BY END USER, 2019–2022 (USD MILLION) 141
TABLE 98 INDIA: HEAT PUMP WATER HEATER MARKET, BY END USER, 2023–2028 (USD MILLION) 142
11.2.7.2 China 142
11.2.7.2.1 Growing urban population and initiatives to minimize pollution to drive demand 142
11.2.7.2.2 By type 143
TABLE 99 CHINA: HEAT PUMP WATER HEATER MARKET, BY TYPE, 2019–2022 (USD MILLION) 143
TABLE 100 CHINA: HEAT PUMP WATER HEATER MARKET, BY TYPE, 2023–2028 (USD MILLION) 143
11.2.7.2.3 By storage tank capacity 143
TABLE 101 CHINA: HEAT PUMP WATER HEATER MARKET, BY STORAGE TANK CAPACITY, 2019–2022 (USD MILLION) 143
TABLE 102 CHINA: HEAT PUMP WATER HEATER MARKET, BY STORAGE TANK CAPACITY, 2023–2028 (USD MILLION) 144
11.2.7.2.4 By rated capacity 144
TABLE 103 CHINA: HEAT PUMP WATER HEATER MARKET, BY RATED CAPACITY, 2019–2022 (USD MILLION) 144
TABLE 104 CHINA: HEAT PUMP WATER HEATER MARKET, BY RATED CAPACITY, 2023–2028 (USD MILLION) 144
11.2.7.2.5 By refrigerant type 145
TABLE 105 CHINA: HEAT PUMP WATER HEATER MARKET, BY REFRIGERANT TYPE, 2019–2022 (USD MILLION) 145
TABLE 106 CHINA: HEAT PUMP WATER HEATER MARKET, BY REFRIGERANT TYPE, 2023–2028 (USD MILLION) 145
11.2.7.2.6 By end user 145
TABLE 107 CHINA: HEAT PUMP WATER HEATER MARKET, BY END USER, 2019–2022 (USD MILLION) 145
TABLE 108 CHINA: HEAT PUMP WATER HEATER MARKET, BY END USER, 2023–2028 (USD MILLION) 146
11.2.7.3 Australia 146
11.2.7.3.1 Favorable environmental conditions and focus on developing renewable industry to drive demand 146
11.2.7.3.2 By type 147
TABLE 109 AUSTRALIA: HEAT PUMP WATER HEATER MARKET, BY TYPE, 2019–2022 (USD MILLION) 147
TABLE 110 AUSTRALIA: HEAT PUMP WATER HEATER MARKET, BY TYPE, 2023–2028 (USD MILLION) 147
11.2.7.3.3 By storage tank capacity 147
TABLE 111 AUSTRALIA: HEAT PUMP WATER HEATER MARKET, BY STORAGE TANK CAPACITY, 2019–2022 (USD MILLION) 147
TABLE 112 AUSTRALIA: HEAT PUMP WATER HEATER MARKET, BY STORAGE TANK CAPACITY, 2023–2028 (USD MILLION) 148
11.2.7.3.4 By rated capacity 148
TABLE 113 AUSTRALIA: HEAT PUMP WATER HEATER MARKET, BY RATED CAPACITY, 2019–2022 (USD MILLION) 148
TABLE 114 AUSTRALIA: HEAT PUMP WATER HEATER MARKET, BY RATED CAPACITY, 2023–2028 (USD MILLION) 148
11.2.7.3.5 By refrigerant type 149
TABLE 115 AUSTRALIA: HEAT PUMP WATER HEATER MARKET, BY REFRIGERANT TYPE, 2019–2022 (USD MILLION) 149
TABLE 116 AUSTRALIA: HEAT PUMP WATER HEATER MARKET, BY REFRIGERANT TYPE, 2023–2028 (USD MILLION) 149
11.2.7.3.6 By end user 149
TABLE 117 AUSTRALIA: HEAT PUMP WATER HEATER MARKET, BY END USER, 2019–2022 (USD MILLION) 149
TABLE 118 AUSTRALIA: HEAT PUMP WATER HEATER MARKET, BY END USER, 2023–2028 (USD MILLION) 150
11.2.7.4 Japan 150
11.2.7.4.1 Growing focus on minimizing pollution to drive demand 150
11.2.7.4.2 By type 150
TABLE 119 JAPAN: HEAT PUMP WATER HEATER MARKET, BY TYPE, 2019–2022 (USD MILLION) 150
TABLE 120 JAPAN: HEAT PUMP WATER HEATER MARKET, BY TYPE, 2023–2028 (USD MILLION) 151
11.2.7.4.3 By storage tank capacity 151
TABLE 121 JAPAN: HEAT PUMP WATER HEATER MARKET, BY STORAGE TANK CAPACITY, 2019–2022 (USD MILLION) 151
TABLE 122 JAPAN: HEAT PUMP WATER HEATER MARKET, BY STORAGE TANK CAPACITY, 2023–2028 (USD MILLION) 151
11.2.7.4.4 By rated capacity 152
TABLE 123 JAPAN: HEAT PUMP WATER HEATER MARKET, BY RATED CAPACITY, 2019–2022 (USD MILLION) 152
TABLE 124 JAPAN: HEAT PUMP WATER HEATER MARKET, BY RATED CAPACITY, 2023–2028 (USD MILLION) 152
11.2.7.4.5 By refrigerant type 152
TABLE 125 JAPAN: HEAT PUMP WATER HEATER MARKET, BY REFRIGERANT TYPE, 2019–2022 (USD MILLION) 152
TABLE 126 JAPAN: HEAT PUMP WATER HEATER MARKET, BY REFRIGERANT TYPE, 2023–2028 (USD MILLION) 153
11.2.7.4.6 By end user 153
TABLE 127 JAPAN: HEAT PUMP WATER HEATER MARKET, BY END USER, 2019–2022 (USD MILLION) 153
TABLE 128 JAPAN: HEAT PUMP WATER HEATER MARKET, BY END USER, 2023–2028 (USD MILLION) 153
11.2.7.5 South Korea 154
11.2.7.5.1 Increasing demand for energy-efficient and environmentally friendly heating solutions to drive market 154
11.2.7.5.2 By type 154
TABLE 129 SOUTH KOREA: HEAT PUMP WATER HEATER MARKET, BY TYPE, 2019–2022 (USD MILLION) 154
TABLE 130 SOUTH KOREA: HEAT PUMP WATER HEATER MARKET, BY TYPE, 2023–2028 (USD MILLION) 155
11.2.7.5.3 By storage tank capacity 155
TABLE 131 SOUTH KOREA: HEAT PUMP WATER HEATER MARKET, BY STORAGE TANK CAPACITY, 2019–2022 (USD MILLION) 155
TABLE 132 SOUTH KOREA: HEAT PUMP WATER HEATER MARKET, BY STORAGE TANK CAPACITY, 2023–2028 (USD MILLION) 155
11.2.7.5.4 By rated capacity 156
TABLE 133 SOUTH KOREA: HEAT PUMP WATER HEATER MARKET, BY RATED CAPACITY, 2019–2022 (USD MILLION) 156
TABLE 134 SOUTH KOREA: HEAT PUMP WATER HEATER MARKET, BY RATED CAPACITY, 2023–2028 (USD MILLION) 156
11.2.7.5.5 By refrigerant type 156
TABLE 135 SOUTH KOREA: HEAT PUMP WATER HEATER MARKET, BY REFRIGERANT TYPE, 2019–2022 (USD MILLION) 156
TABLE 136 SOUTH KOREA: HEAT PUMP WATER HEATER MARKET, BY REFRIGERANT TYPE, 2023–2028 (USD MILLION) 157
11.2.7.5.6 By end user 157
TABLE 137 SOUTH KOREA: HEAT PUMP WATER HEATER MARKET, BY END USER, 2019–2022 (USD MILLION) 157
TABLE 138 SOUTH KOREA: HEAT PUMP WATER HEATER MARKET, BY END USER, 2023–2028 (USD MILLION) 157
11.2.7.6 Rest of Asia Pacific 158
11.2.7.6.1 By type 158
TABLE 139 REST OF ASIA PACIFIC: HEAT PUMP WATER HEATER MARKET, BY TYPE, 2019–2022 (USD MILLION) 158
TABLE 140 REST OF ASIA PACIFIC: HEAT PUMP WATER HEATER MARKET, BY TYPE, 2023–2028 (USD MILLION) 158
11.2.7.6.2 By storage tank capacity 159
TABLE 141 REST OF ASIA PACIFIC: HEAT PUMP WATER HEATER MARKET, BY STORAGE TANK CAPACITY, 2019–2022 (USD MILLION) 159
TABLE 142 REST OF ASIA PACIFIC: HEAT PUMP WATER HEATER MARKET, BY STORAGE TANK CAPACITY, 2023–2028 (USD MILLION) 159
11.2.7.6.3 By rated capacity 159
TABLE 143 REST OF ASIA PACIFIC: HEAT PUMP WATER HEATER MARKET, BY RATED CAPACITY, 2019–2022 (USD MILLION) 159
TABLE 144 REST OF ASIA PACIFIC: HEAT PUMP WATER HEATER MARKET, BY RATED CAPACITY, 2023–2028 (USD MILLION) 160
11.2.7.6.4 By refrigerant type 160
TABLE 145 REST OF ASIA PACIFIC: HEAT PUMP WATER HEATER MARKET, BY REFRIGERANT TYPE, 2019–2022 (USD MILLION) 160
TABLE 146 REST OF ASIA PACIFIC: HEAT PUMP WATER HEATER MARKET, BY REFRIGERANT TYPE, 2023–2028 (USD MILLION) 160
11.2.7.6.5 By end user 161
TABLE 147 REST OF ASIA PACIFIC: HEAT PUMP WATER HEATER MARKET, BY END USER, 2019–2022 (USD MILLION) 161
TABLE 148 REST OF ASIA PACIFIC: HEAT PUMP WATER HEATER MARKET, BY END USER, 2023–2028 (USD MILLION) 161
11.3 EUROPE 161
FIGURE 43 EUROPE: HEAT PUMP WATER HEATER MARKET SNAPSHOT 162
11.3.1 EUROPEAN HEAT PUMP WATER HEATER MARKET: RECESSION IMPACT 163
11.3.2 BY TYPE 163
TABLE 149 EUROPE: HEAT PUMP WATER HEATER MARKET, BY TYPE, 2019–2022 (USD MILLION) 163
TABLE 150 EUROPE: HEAT PUMP WATER HEATER MARKET, BY TYPE, 2023–2028 (USD MILLION) 163
11.3.3 BY STORAGE TANK CAPACITY 164
TABLE 151 EUROPE: HEAT PUMP WATER HEATER MARKET, BY STORAGE TANK CAPACITY, 2019–2022 (USD MILLION) 164
TABLE 152 EUROPE: HEAT PUMP WATER HEATER MARKET, BY STORAGE TANK CAPACITY, 2023–2028 (USD MILLION) 164
11.3.4 BY RATED CAPACITY 164
TABLE 153 EUROPE: HEAT PUMP WATER HEATER MARKET, BY RATED CAPACITY, 2019–2022 (USD MILLION) 164
TABLE 154 EUROPE: HEAT PUMP WATER HEATER MARKET, BY RATED CAPACITY, 2023–2028 (USD MILLION) 165
11.3.5 BY REFRIGERANT TYPE 165
TABLE 155 EUROPE: HEAT PUMP WATER HEATER MARKET, BY REFRIGERANT TYPE, 2019–2022 (USD MILLION) 165
TABLE 156 EUROPE: HEAT PUMP WATER HEATER MARKET, BY REFRIGERANT TYPE, 2023–2028 (USD MILLION) 165
11.3.6 BY END USER 166
TABLE 157 EUROPE: HEAT PUMP WATER HEATER MARKET, BY END USER, 2019–2022 (USD MILLION) 166
TABLE 158 EUROPE: HEAT PUMP WATER HEATER MARKET, BY END USER, 2023–2028 (USD MILLION) 166
11.3.7 BY COUNTRY 166
TABLE 159 EUROPE: HEAT PUMP WATER HEATER MARKET, BY COUNTRY, 2019–2022 (USD MILLION) 166
TABLE 160 EUROPE: HEAT PUMP WATER HEATER MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 167
11.3.7.1 UK 167
11.3.7.1.1 Growth in private housing and demand for renewable heat generation to drive market 167
11.3.7.1.2 By type 168
TABLE 161 UK: HEAT PUMP WATER HEATER MARKET, BY TYPE, 2019–2022 (USD MILLION) 168
TABLE 162 UK: HEAT PUMP WATER HEATER MARKET, BY TYPE, 2023–2028 (USD MILLION) 168
11.3.7.1.3 By storage tank capacity 168
TABLE 163 UK: HEAT PUMP WATER HEATER MARKET, BY STORAGE TANK CAPACITY, 2019–2022 (USD MILLION) 168
TABLE 164 UK: HEAT PUMP WATER HEATER MARKET, BY STORAGE TANK CAPACITY, 2023–2028 (USD MILLION) 169
11.3.7.1.4 By rated capacity 169
TABLE 165 UK: HEAT PUMP WATER HEATER MARKET, BY RATED CAPACITY, 2019–2022 (USD MILLION) 169
TABLE 166 UK: HEAT PUMP WATER HEATER MARKET, BY RATED CAPACITY, 2023–2028 (USD MILLION) 169
11.3.7.1.5 By refrigerant type 170
TABLE 167 UK: HEAT PUMP WATER HEATER MARKET, BY REFRIGERANT TYPE, 2019–2022 (USD MILLION) 170
TABLE 168 UK: HEAT PUMP WATER HEATER MARKET, BY REFRIGERANT TYPE, 2023–2028 (USD MILLION) 170
11.3.7.1.6 By end user 170
TABLE 169 UK: HEAT PUMP WATER HEATER MARKET, BY END USER, 2019–2022 (USD MILLION) 170
TABLE 170 UK: HEAT PUMP WATER HEATER MARKET, BY END USER, 2023–2028 (USD MILLION) 171
11.3.7.2 Italy 171
11.3.7.2.1 Government-led schemes for boosting installation of heat pump water heaters to drive market 171
11.3.7.2.2 By type 172
TABLE 171 ITALY: HEAT PUMP WATER HEATER MARKET, BY TYPE, 2019–2022 (USD MILLION) 172
TABLE 172 ITALY: HEAT PUMP WATER HEATER MARKET, BY TYPE, 2023–2028 (USD MILLION) 172
11.3.7.2.3 By storage tank capacity 172
TABLE 173 ITALY: HEAT PUMP WATER HEATER MARKET, BY STORAGE TANK CAPACITY, 2019–2022 (USD MILLION) 172
TABLE 174 ITALY: HEAT PUMP WATER HEATER MARKET, BY STORAGE TANK CAPACITY, 2023–2028 (USD MILLION) 173
11.3.7.2.4 By rated capacity 173
TABLE 175 ITALY: HEAT PUMP WATER HEATER MARKET, BY RATED CAPACITY, 2019–2022 (USD MILLION) 173
TABLE 176 ITALY: HEAT PUMP WATER HEATER MARKET, BY RATED CAPACITY, 2023–2028 (USD MILLION) 173
11.3.7.2.5 By refrigerant type 174
TABLE 177 ITALY: HEAT PUMP WATER HEATER MARKET, BY REFRIGERANT TYPE, 2019–2022 (USD MILLION) 174
TABLE 178 ITALY: HEAT PUMP WATER HEATER MARKET, BY REFRIGERANT TYPE, 2023–2028 (USD MILLION) 174
11.3.7.2.6 By end user 174
TABLE 179 ITALY: HEAT PUMP WATER HEATER MARKET, BY END USER, 2019–2022 (USD MILLION) 174
TABLE 180 ITALY: HEAT PUMP WATER HEATER MARKET, BY END USER, 2023–2028 (USD MILLION) 175
11.3.7.3 Germany 175
11.3.7.3.1 Government-led initiatives for sustainable development to fuel demand 175
11.3.7.3.2 By type 175
TABLE 181 GERMANY: HEAT PUMP WATER HEATER MARKET, BY TYPE, 2019–2022 (USD MILLION) 175
TABLE 182 GERMANY: HEAT PUMP WATER HEATER MARKET, BY TYPE, 2023–2028 (USD MILLION) 176
11.3.7.3.3 By storage tank capacity 176
TABLE 183 GERMANY: HEAT PUMP WATER HEATER MARKET, BY STORAGE TANK CAPACITY, 2019–2022 (USD MILLION) 176
TABLE 184 GERMANY: HEAT PUMP WATER HEATER MARKET, BY STORAGE TANK CAPACITY, 2023–2028 (USD MILLION) 176
11.3.7.3.4 By rated capacity 177
TABLE 185 GERMANY: HEAT PUMP WATER HEATER MARKET, BY RATED CAPACITY, 2019–2022 (USD MILLION) 177
TABLE 186 GERMANY: HEAT PUMP WATER HEATER MARKET, BY RATED CAPACITY, 2023–2028 (USD MILLION) 177
11.3.7.3.5 By refrigerant type 178
TABLE 187 GERMANY: HEAT PUMP WATER HEATER MARKET, BY REFRIGERANT TYPE, 2019–2022 (USD MILLION) 178
TABLE 188 GERMANY: HEAT PUMP WATER HEATER MARKET, BY REFRIGERANT TYPE, 2023–2028 (USD MILLION) 178
11.3.7.3.6 By end user 178
TABLE 189 GERMANY: HEAT PUMP WATER HEATER MARKET, BY END USER, 2019–2022 (USD MILLION) 178
TABLE 190 GERMANY: HEAT PUMP WATER HEATER MARKET, BY END USER, 2023–2028 (USD MILLION) 179
11.3.7.4 France 179
11.3.7.4.1 Government policies to enhance energy efficiency, particularly in building sector, to drive market 179
11.3.7.4.2 By type 180
TABLE 191 FRANCE: HEAT PUMP WATER HEATER MARKET, BY TYPE, 2019–2022 (USD MILLION) 180
TABLE 192 FRANCE: HEAT PUMP WATER HEATER MARKET, BY TYPE, 2023–2028 (USD MILLION) 180
11.3.7.4.3 By storage tank capacity 180
TABLE 193 FRANCE: HEAT PUMP WATER HEATER MARKET, BY STORAGE TANK CAPACITY, 2019–2022 (USD MILLION) 180
TABLE 194 FRANCE: HEAT PUMP WATER HEATER MARKET, BY STORAGE TANK CAPACITY, 2023–2028 (USD MILLION) 181
11.3.7.4.4 By rated capacity 181
TABLE 195 FRANCE: HEAT PUMP WATER HEATER MARKET, BY RATED CAPACITY, 2019–2022 (USD MILLION) 181
TABLE 196 FRANCE: HEAT PUMP WATER HEATER MARKET, BY RATED CAPACITY, 2023–2028 (USD MILLION) 181
11.3.7.4.5 By refrigerant type 182
TABLE 197 FRANCE: HEAT PUMP WATER HEATER MARKET, BY REFRIGERANT TYPE, 2019–2022 (USD MILLION) 182
TABLE 198 FRANCE: HEAT PUMP WATER HEATER MARKET, BY REFRIGERANT TYPE, 2023–2028 (USD MILLION) 182
11.3.7.4.6 By end user 182
TABLE 199 FRANCE: HEAT PUMP WATER HEATER MARKET, BY END USER, 2019–2022 (USD MILLION) 182
TABLE 200 FRANCE: HEAT PUMP WATER HEATER MARKET, BY END USER, 2023–2028 (USD MILLION) 183
11.3.7.5 Rest of Europe 183
11.3.7.5.1 By type 183
TABLE 201 REST OF EUROPE: HEAT PUMP WATER HEATER MARKET, BY TYPE, 2019–2022 (USD MILLION) 183
TABLE 202 REST OF EUROPE: HEAT PUMP WATER HEATER MARKET, BY TYPE, 2023–2028 (USD MILLION) 184
11.3.7.5.2 By storage tank capacity 184
TABLE 203 REST OF EUROPE: HEAT PUMP WATER HEATER MARKET, BY STORAGE TANK CAPACITY, 2019–2022 (USD MILLION) 184
TABLE 204 REST OF EUROPE: HEAT PUMP WATER HEATER MARKET, BY STORAGE TANK CAPACITY, 2023–2028 (USD MILLION) 184
11.3.7.5.3 By rated capacity 185
TABLE 205 REST OF EUROPE: HEAT PUMP WATER HEATER MARKET, BY RATED CAPACITY, 2019–2022 (USD MILLION) 185
TABLE 206 REST OF EUROPE: HEAT PUMP WATER HEATER MARKET, BY RATED CAPACITY, 2023–2028 (USD MILLION) 185
11.3.7.5.4 By refrigerant type 185
TABLE 207 REST OF EUROPE: HEAT PUMP WATER HEATER MARKET, BY REFRIGERANT TYPE, 2019–2022 (USD MILLION) 185
TABLE 208 REST OF EUROPE: HEAT PUMP WATER HEATER MARKET, BY REFRIGERANT TYPE, 2023–2028 (USD MILLION) 186
11.3.7.5.5 By end user 186
TABLE 209 REST OF EUROPE: HEAT PUMP WATER HEATER MARKET, BY END USER, 2019–2022 (USD MILLION) 186
TABLE 210 REST OF EUROPE: HEAT PUMP WATER HEATER MARKET, BY END USER, 2023–2028 (USD MILLION) 186
11.4 NORTH AMERICA 187
11.4.1 NORTH AMERICAN HEAT PUMP WATER HEATER MARKET: RECESSION IMPACT 187
11.4.2 BY TYPE 187
TABLE 211 NORTH AMERICA: HEAT PUMP WATER HEATER MARKET, BY TYPE, 2019–2022 (USD MILLION) 187
TABLE 212 NORTH AMERICA: HEAT PUMP WATER HEATER MARKET, BY TYPE, 2023–2028 (USD MILLION) 187
11.4.3 BY RATED CAPACITY 188
TABLE 213 NORTH AMERICA: HEAT PUMP WATER HEATER MARKET, BY RATED CAPACITY, 2019–2022 (USD MILLION) 188
TABLE 214 NORTH AMERICA: HEAT PUMP WATER HEATER MARKET, BY RATED CAPACITY, 2023–2028 (USD MILLION) 188
11.4.4 BY REFRIGERANT TYPE 188
TABLE 215 NORTH AMERICA: HEAT PUMP WATER HEATER MARKET, BY REFRIGERANT TYPE, 2019–2022 (USD MILLION) 188
TABLE 216 NORTH AMERICA: HEAT PUMP WATER HEATER MARKET, BY REFRIGERANT TYPE, 2023–2028 (USD MILLION) 189
11.4.5 BY STORAGE TANK CAPACITY 189
TABLE 217 NORTH AMERICA: HEAT PUMP WATER HEATER MARKET, BY STORAGE TANK CAPACITY, 2019–2022 (USD MILLION) 189
TABLE 218 NORTH AMERICA: HEAT PUMP WATER HEATER MARKET, BY STORAGE TANK CAPACITY, 2023–2028 (USD MILLION) 189
11.4.6 BY END USER 190
TABLE 219 NORTH AMERICA: HEAT PUMP WATER HEATER MARKET, BY END USER, 2019–2022 (USD MILLION) 190
TABLE 220 NORTH AMERICA: HEAT PUMP WATER HEATER MARKET, BY END USER, 2023–2028 (USD MILLION) 190
11.4.7 BY COUNTRY 190
TABLE 221 NORTH AMERICA: HEAT PUMP WATER HEATER MARKET, BY COUNTRY, 2019–2022 (USD MILLION) 190
TABLE 222 NORTH AMERICA: HEAT PUMP WATER HEATER MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 191
11.4.7.1 US 191
11.4.7.1.1 Elevated demand for energy-efficient water heating systems in residential and commercial sectors to drive market 191
11.4.7.1.2 By type 191
TABLE 223 US: HEAT PUMP WATER HEATER MARKET, BY TYPE, 2019–2022 (USD MILLION) 191
TABLE 224 US: HEAT PUMP WATER HEATER MARKET, BY TYPE, 2023–2028 (USD MILLION) 192
11.4.7.1.3 By rated capacity 192
TABLE 225 US: HEAT PUMP WATER HEATER MARKET, BY RATED CAPACITY, 2019–2022 (USD MILLION) 192
TABLE 226 US: HEAT PUMP WATER HEATER MARKET, BY RATED CAPACITY, 2023–2028 (USD MILLION) 192
11.4.7.1.4 By refrigerant type 193
TABLE 227 US: HEAT PUMP WATER HEATER MARKET, BY REFRIGERANT TYPE, 2019–2022 (USD MILLION) 193
TABLE 228 US: HEAT PUMP WATER HEATER MARKET, BY REFRIGERANT TYPE, 2023–2028 (USD MILLION) 193
11.4.7.1.5 By storage tank capacity 193
TABLE 229 US: HEAT PUMP WATER HEATER MARKET, BY STORAGE TANK CAPACITY, 2019–2022 (USD MILLION) 193
TABLE 230 US: HEAT PUMP WATER HEATER MARKET, BY STORAGE TANK CAPACITY, 2023–2028 (USD MILLION) 194
11.4.7.1.6 By end user 194
TABLE 231 US: HEAT PUMP WATER HEATER MARKET, BY END USER, 2019–2022 (USD MILLION) 194
TABLE 232 US: HEAT PUMP WATER HEATER MARKET, BY END USER, 2023–2028 (USD MILLION) 194
11.4.7.2 Canada 195
11.4.7.2.1 High focus on adopting innovative technologies to reduce energy wastage and loss to fuel demand 195
11.4.7.2.2 By type 195
TABLE 233 CANADA: HEAT PUMP WATER HEATER MARKET, BY TYPE, 2019–2022 (USD MILLION) 195
TABLE 234 CANADA: HEAT PUMP WATER HEATER MARKET, BY TYPE, 2023–2028 (USD MILLION) 195
11.4.7.2.3 By rated capacity 196
TABLE 235 CANADA: HEAT PUMP WATER HEATER MARKET, BY RATED CAPACITY, 2019–2022 (USD MILLION) 196
TABLE 236 CANADA: HEAT PUMP WATER HEATER MARKET, BY RATED CAPACITY, 2023–2028 (USD MILLION) 196
11.4.7.2.4 By refrigerant type 196
TABLE 237 CANADA: HEAT PUMP WATER HEATER MARKET, BY REFRIGERANT TYPE, 2019–2022 (USD MILLION) 196
TABLE 238 CANADA: HEAT PUMP WATER HEATER MARKET, BY REFRIGERANT TYPE, 2023–2028 (USD MILLION) 197
11.4.7.2.5 By storage tank capacity 197
TABLE 239 CANADA: HEAT PUMP WATER HEATER MARKET, BY STORAGE TANK CAPACITY, 2019–2022 (USD MILLION) 197
TABLE 240 CANADA: HEAT PUMP WATER HEATER MARKET, BY STORAGE TANK CAPACITY, 2023–2028 (USD MILLION) 197
11.4.7.2.6 By end user 198
TABLE 241 CANADA: HEAT PUMP WATER HEATER MARKET, BY END USER, 2019–2022 (USD MILLION) 198
TABLE 242 CANADA: HEAT PUMP WATER HEATER MARKET, BY END USER, 2023–2028 (USD MILLION) 198
11.4.7.3 Mexico 198
11.4.7.3.1 Transition toward eco-friendly heat pump water heaters to drive market 198
11.4.7.3.2 By type 199
TABLE 243 MEXICO: HEAT PUMP WATER HEATER MARKET, BY TYPE, 2019–2022 (USD MILLION) 199
TABLE 244 MEXICO: HEAT PUMP WATER HEATER MARKET, BY TYPE, 2023–2028 (USD MILLION) 199
11.4.7.3.3 By rated capacity 199
TABLE 245 MEXICO: HEAT PUMP WATER HEATER MARKET, BY RATED CAPACITY, 2019–2022 (USD MILLION) 199
TABLE 246 MEXICO: HEAT PUMP WATER HEATER MARKET, BY RATED CAPACITY, 2023–2028 (USD MILLION) 200
11.4.7.3.4 By refrigerant type 200
TABLE 247 MEXICO: HEAT PUMP WATER HEATER MARKET, BY REFRIGERANT TYPE, 2019–2022 (USD MILLION) 200
TABLE 248 MEXICO: HEAT PUMP WATER HEATER MARKET, BY REFRIGERANT TYPE, 2023–2028 (USD MILLION) 200
11.4.7.3.5 By storage tank capacity 201
TABLE 249 MEXICO: HEAT PUMP WATER HEATER MARKET, BY STORAGE TANK CAPACITY, 2019–2022 (USD MILLION) 201
TABLE 250 MEXICO: HEAT PUMP WATER HEATER MARKET, BY STORAGE TANK CAPACITY, 2023–2028 (USD MILLION) 201
11.4.7.3.6 By end user 201
TABLE 251 MEXICO: HEAT PUMP WATER HEATER MARKET, BY END USER, 2019–2022 (USD MILLION) 201
TABLE 252 MEXICO: HEAT PUMP WATER HEATER MARKET, BY END USER, 2023–2028 (USD MILLION) 202
11.5 MIDDLE EAST & AFRICA 202
11.5.1 MIDDLE EASTERN & AFRICAN HEAT PUMP WATER HEATER MARKET: RECESSION IMPACT 202
11.5.2 BY TYPE 202
TABLE 253 MIDDLE EAST & AFRICA: HEAT PUMP WATER HEATER MARKET, BY TYPE, 2019–2022 (USD MILLION) 202
TABLE 254 MIDDLE EAST & AFRICA: HEAT PUMP WATER HEATER MARKET, BY TYPE, 2023–2028 (USD MILLION) 203
11.5.3 BY RATED CAPACITY 203
TABLE 255 MIDDLE EAST & AFRICA: HEAT PUMP WATER HEATER MARKET, BY RATED CAPACITY, 2019–2022 (USD MILLION) 203
TABLE 256 MIDDLE EAST & AFRICA: HEAT PUMP WATER HEATER MARKET, BY RATED CAPACITY, 2023–2028 (USD MILLION) 203
11.5.4 BY REFRIGERANT TYPE 204
TABLE 257 MIDDLE EAST & AFRICA: HEAT PUMP WATER HEATER MARKET, BY REFRIGERANT TYPE, 2019–2022 (USD MILLION) 204
TABLE 258 MIDDLE EAST & AFRICA: HEAT PUMP WATER HEATER MARKET, BY REFRIGERANT TYPE, 2023–2028 (USD MILLION) 204
11.5.5 BY STORAGE TANK CAPACITY 204
TABLE 259 MIDDLE EAST & AFRICA: HEAT PUMP WATER HEATER MARKET, BY STORAGE TANK CAPACITY, 2019–2022 (USD MILLION) 204
TABLE 260 MIDDLE EAST & AFRICA: HEAT PUMP WATER HEATER MARKET, BY STORAGE TANK CAPACITY, 2023–2028 (USD MILLION) 205
11.5.6 BY END USER 205
TABLE 261 MIDDLE EAST & AFRICA: HEAT PUMP WATER HEATER MARKET, BY END USER, 2019–2022 (USD MILLION) 205
TABLE 262 MIDDLE EAST & AFRICA: HEAT PUMP WATER HEATER MARKET, BY END USER, 2023–2028 (USD MILLION) 205
11.5.7 BY COUNTRY 206
TABLE 263 MIDDLE EAST & AFRICA: HEAT PUMP WATER HEATER MARKET, BY COUNTRY, 2019–2022 (USD MILLION) 206
TABLE 264 MIDDLE EAST & AFRICA: HEAT PUMP WATER HEATER MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 206
11.5.7.1 GCC 206
11.5.7.1.1 Saudi Arabia 206
11.5.7.1.1.1 Increasing investments in industrial sector to boost demand 206
11.5.7.1.2 By type 207
TABLE 265 SAUDI ARABIA: HEAT PUMP WATER HEATER MARKET, BY TYPE, 2019–2022 (USD MILLION) 207
TABLE 266 SAUDI ARABIA: HEAT PUMP WATER HEATER MARKET, BY TYPE, 2023–2028 (USD MILLION) 207
11.5.7.1.3 By rated capacity 207
TABLE 267 SAUDI ARABIA: HEAT PUMP WATER HEATER MARKET, BY RATED CAPACITY, 2019–2022 (USD MILLION) 207
TABLE 268 SAUDI ARABIA: HEAT PUMP WATER HEATER MARKET, BY RATED CAPACITY, 2023–2028 (USD MILLION) 208
11.5.7.1.4 By refrigerant type 208
TABLE 269 SAUDI ARABIA: HEAT PUMP WATER HEATER MARKET, BY REFRIGERANT TYPE, 2019–2022 (USD MILLION) 208
TABLE 270 SAUDI ARABIA: HEAT PUMP WATER HEATER MARKET, BY REFRIGERANT TYPE, 2023–2028 (USD MILLION) 208
11.5.7.1.5 By storage tank capacity 209
TABLE 271 SAUDI ARABIA: HEAT PUMP WATER HEATER MARKET, BY STORAGE TANK CAPACITY, 2019–2022 (USD MILLION) 209
TABLE 272 SAUDI ARABIA: HEAT PUMP WATER HEATER MARKET, BY STORAGE TANK CAPACITY, 2023–2028 (USD MILLION) 209
11.5.7.1.6 By end user 209
TABLE 273 SAUDI ARABIA: HEAT PUMP WATER HEATER MARKET, BY END USER, 2019–2022 (USD MILLION) 209
TABLE 274 SAUDI ARABIA: HEAT PUMP WATER HEATER MARKET, BY END USER, 2023–2028 (USD MILLION) 210
11.5.7.1.7 UAE 210
11.5.7.1.7.1 Transformation in consumer lifestyles to fuel the demand 210
11.5.7.1.8 By type 210
TABLE 275 UAE: HEAT PUMP WATER HEATER MARKET, BY TYPE, 2019–2022 (USD MILLION) 210
TABLE 276 UAE: HEAT PUMP WATER HEATER MARKET, BY TYPE, 2023–2028 (USD MILLION) 211
11.5.7.1.9 By rated capacity 211
TABLE 277 UAE: HEAT PUMP WATER HEATER MARKET, BY RATED CAPACITY, 2019–2022 (USD MILLION) 211
TABLE 278 UAE: HEAT PUMP WATER HEATER MARKET, BY RATED CAPACITY, 2023–2028 (USD MILLION) 211
11.5.7.1.10 By refrigerant type 212
TABLE 279 UAE: HEAT PUMP WATER HEATER MARKET, BY REFRIGERANT TYPE, 2019–2022 (USD MILLION) 212
TABLE 280 UAE: HEAT PUMP WATER HEATER MARKET, BY REFRIGERANT TYPE, 2023–2028 (USD MILLION) 212
11.5.7.1.11 By storage tank capacity 212
TABLE 281 UAE: HEAT PUMP WATER HEATER MARKET, BY STORAGE TANK CAPACITY, 2019–2022 (USD MILLION) 212
TABLE 282 UAE: HEAT PUMP WATER HEATER MARKET, BY STORAGE TANK CAPACITY, 2023–2028 (USD MILLION) 213
11.5.7.1.12 By end user 213
TABLE 283 UAE: HEAT PUMP WATER HEATER MARKET, BY END USER, 2019–2022 (USD MILLION) 213
TABLE 284 UAE: HEAT PUMP WATER HEATER MARKET, BY END USER, 2023–2028 (USD MILLION) 213
11.5.7.1.13 Rest of GCC 214
11.5.7.1.14 By type 214
TABLE 285 REST OF GCC: HEAT PUMP WATER HEATER MARKET, BY TYPE, 2019–2022 (USD MILLION) 214
TABLE 286 REST OF GCC: HEAT PUMP WATER HEATER MARKET, BY TYPE, 2023–2028 (USD MILLION) 214
11.5.7.1.15 By rated capacity 215
TABLE 287 REST OF GCC: HEAT PUMP WATER HEATER MARKET, BY RATED CAPACITY, 2019–2022 (USD MILLION) 215
TABLE 288 REST OF GCC: HEAT PUMP WATER HEATER MARKET, BY RATED CAPACITY, 2023–2028 (USD MILLION) 215
11.5.7.1.16 By refrigerant type 215
TABLE 289 REST OF GCC: HEAT PUMP WATER HEATER MARKET, BY REFRIGERANT TYPE, 2019–2022 (USD MILLION) 215
TABLE 290 REST OF GCC: HEAT PUMP WATER HEATER MARKET, BY REFRIGERANT TYPE, 2023–2028 (USD MILLION) 216
11.5.7.1.17 By storage tank capacity 216
TABLE 291 REST OF GCC: HEAT PUMP WATER HEATER MARKET, BY STORAGE TANK CAPACITY, 2019–2022 (USD MILLION) 216
TABLE 292 REST OF GCC: HEAT PUMP WATER HEATER MARKET, BY STORAGE TANK CAPACITY, 2023–2028 (USD MILLION) 216
11.5.7.1.18 By end user 217
TABLE 293 REST OF GCC: HEAT PUMP WATER HEATER MARKET, BY END USER, 2019–2022 (USD MILLION) 217
TABLE 294 REST OF GCC: HEAT PUMP WATER HEATER MARKET, BY END USER, 2023–2028 (USD MILLION) 217
11.5.7.2 South Africa 217
11.5.7.2.1 Increasing investments in different projects to drive demand 217
11.5.7.2.2 By type 218
TABLE 295 SOUTH AFRICA: HEAT PUMP WATER HEATER MARKET, BY TYPE, 2019–2022 (USD MILLION) 218
TABLE 296 SOUTH AFRICA: HEAT PUMP WATER HEATER MARKET, BY TYPE, 2023–2028 (USD MILLION) 218
11.5.7.2.3 By rated capacity 218
TABLE 297 SOUTH AFRICA: HEAT PUMP WATER HEATER MARKET, BY RATED CAPACITY, 2019–2022 (USD MILLION) 218
TABLE 298 SOUTH AFRICA: HEAT PUMP WATER HEATER MARKET, BY RATED CAPACITY, 2023–2028 (USD MILLION) 219
11.5.7.2.4 By refrigerant type 219
TABLE 299 SOUTH AFRICA: HEAT PUMP WATER HEATER MARKET, BY REFRIGERANT TYPE, 2019–2022 (USD MILLION) 219
TABLE 300 SOUTH AFRICA: HEAT PUMP WATER HEATER MARKET, BY REFRIGERANT TYPE, 2023–2028 (USD MILLION) 219
11.5.7.2.5 By storage tank capacity 220
TABLE 301 SOUTH AFRICA: HEAT PUMP WATER HEATER MARKET, BY STORAGE TANK CAPACITY, 2019–2022 (USD MILLION) 220
TABLE 302 SOUTH AFRICA: HEAT PUMP WATER HEATER MARKET, BY STORAGE TANK CAPACITY, 2023–2028 (USD MILLION) 220
11.5.7.2.6 By end user 220
TABLE 303 SOUTH AFRICA: HEAT PUMP WATER HEATER MARKET, BY END USER, 2019–2022 (USD MILLION) 220
TABLE 304 SOUTH AFRICA: HEAT PUMP WATER HEATER MARKET, BY END USER, 2023–2028 (USD MILLION) 221
11.5.7.3 Rest of Middle East & Africa 221
11.5.7.3.1 By type 221
TABLE 305 REST OF MIDDLE EAST & AFRICA: HEAT PUMP WATER HEATER MARKET, BY TYPE, 2019–2022 (USD MILLION) 221
TABLE 306 REST OF MIDDLE EAST & AFRICA: HEAT PUMP WATER HEATER MARKET, BY TYPE, 2023–2028 (USD MILLION) 222
11.5.7.3.2 By rated capacity 222
TABLE 307 REST OF MIDDLE EAST & AFRICA: HEAT PUMP WATER HEATER MARKET, BY RATED CAPACITY, 2019–2022 (USD MILLION) 222
TABLE 308 REST OF MIDDLE EAST & AFRICA: HEAT PUMP WATER HEATER MARKET, BY RATED CAPACITY, 2023–2028 (USD MILLION) 222
11.5.7.3.3 By refrigerant type 223
TABLE 309 REST OF MIDDLE EAST & AFRICA: HEAT PUMP WATER HEATER MARKET, BY REFRIGERANT TYPE, 2019–2022 (USD MILLION) 223
TABLE 310 REST OF MIDDLE EAST & AFRICA: HEAT PUMP WATER HEATER MARKET, BY REFRIGERANT TYPE, 2023–2028 (USD MILLION) 223
11.5.7.3.4 By storage tank capacity 223
TABLE 311 REST OF MIDDLE EAST & AFRICA: HEAT PUMP WATER HEATER MARKET, BY STORAGE TANK CAPACITY, 2019–2022 (USD MILLION) 223
TABLE 312 REST OF MIDDLE EAST & AFRICA: HEAT PUMP WATER HEATER MARKET, BY STORAGE TANK CAPACITY, 2023–2028 (USD MILLION) 224
11.5.7.3.5 By end user 224
TABLE 313 REST OF MIDDLE EAST & AFRICA: HEAT PUMP WATER HEATER MARKET, BY END USER, 2019–2022 (USD MILLION) 224
TABLE 314 REST OF MIDDLE EAST & AFRICA: HEAT PUMP WATER HEATER MARKET, BY END USER, 2023–2028 (USD MILLION) 224
11.6 SOUTH AMERICA 225
11.6.1 SOUTH AMERICAN HEAT PUMP WATER HEATER MARKET: RECESSION IMPACT 225
11.6.2 BY TYPE 225
TABLE 315 SOUTH AMERICA: HEAT PUMP WATER HEATER MARKET, BY TYPE, 2019–2022 (USD MILLION) 225
TABLE 316 SOUTH AMERICA: HEAT PUMP WATER HEATER MARKET, BY TYPE, 2023–2028 (USD MILLION) 226
11.6.3 BY RATED CAPACITY 226
TABLE 317 SOUTH AMERICA: HEAT PUMP WATER HEATER MARKET, BY RATED CAPACITY, 2019–2022 (USD MILLION) 226
TABLE 318 SOUTH AMERICA: HEAT PUMP WATER HEATER MARKET, BY RATED CAPACITY, 2023–2028 (USD MILLION) 226
11.6.4 BY REFRIGERANT TYPE 227
TABLE 319 SOUTH AMERICA: HEAT PUMP WATER HEATER MARKET, BY REFRIGERANT TYPE, 2019–2022 (USD MILLION) 227
TABLE 320 SOUTH AMERICA: HEAT PUMP WATER HEATER MARKET, BY REFRIGERANT TYPE, 2023–2028 (USD MILLION) 227
11.6.5 BY STORAGE TANK CAPACITY 227
TABLE 321 SOUTH AMERICA: HEAT PUMP WATER HEATER MARKET, BY STORAGE TANK CAPACITY, 2019–2022 (USD MILLION) 227
TABLE 322 SOUTH AMERICA: HEAT PUMP WATER HEATER MARKET, BY STORAGE TANK CAPACITY, 2023–2028 (USD MILLION) 228
11.6.6 BY END USER 228
TABLE 323 SOUTH AMERICA: HEAT PUMP WATER HEATER MARKET, BY END USER, 2019–2022 (USD MILLION) 228
TABLE 324 SOUTH AMERICA: HEAT PUMP WATER HEATER MARKET, BY END USER, 2023–2028 (USD MILLION) 228
11.6.7 BY COUNTRY 229
TABLE 325 SOUTH AMERICA: HEAT PUMP WATER HEATER MARKET, BY COUNTRY, 2019–2022 (USD MILLION) 229
TABLE 326 SOUTH AMERICA: HEAT PUMP WATER HEATER MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 229
11.6.7.1 Brazil 229
11.6.7.1.1 Effective performance in various climatic conditions to drive demand 229
11.6.7.1.2 By type 230
TABLE 327 BRAZIL: HEAT PUMP WATER HEATER MARKET, BY TYPE, 2019–2022 (USD MILLION) 230
TABLE 328 BRAZIL: HEAT PUMP WATER HEATER MARKET, BY TYPE, 2023–2028 (USD MILLION) 230
11.6.7.1.3 By rated capacity 230
TABLE 329 BRAZIL: HEAT PUMP WATER HEATER MARKET, BY RATED CAPACITY, 2019–2022 (USD MILLION) 230
TABLE 330 BRAZIL: HEAT PUMP WATER HEATER MARKET, BY RATED CAPACITY, 2023–2028 (USD MILLION) 231
11.6.7.1.4 By refrigerant type 231
TABLE 331 BRAZIL: HEAT PUMP WATER HEATER MARKET, BY REFRIGERANT TYPE, 2019–2022 (USD MILLION) 231
TABLE 332 BRAZIL: HEAT PUMP WATER HEATER MARKET, BY REFRIGERANT TYPE, 2023–2028 (USD MILLION) 231
11.6.7.1.5 By storage tank capacity 232
TABLE 333 BRAZIL: HEAT PUMP WATER HEATER MARKET, BY STORAGE TANK CAPACITY, 2019–2022 (USD MILLION) 232
TABLE 334 BRAZIL: HEAT PUMP WATER HEATER MARKET, BY STORAGE TANK CAPACITY, 2023–2028 (USD MILLION) 232
11.6.7.1.6 By end user 232
TABLE 335 BRAZIL: HEAT PUMP WATER HEATER MARKET, BY END USER, 2019–2022 (USD MILLION) 232
TABLE 336 BRAZIL: HEAT PUMP WATER HEATER MARKET, BY END USER, 2023–2028 (USD MILLION) 233
11.6.7.2 Argentina 233
11.6.7.2.1 Technological advancements to drive demand 233
11.6.7.2.2 By type 233
TABLE 337 ARGENTINA: HEAT PUMP WATER HEATER MARKET, BY TYPE, 2019–2022 (USD MILLION) 233
TABLE 338 ARGENTINA: HEAT PUMP WATER HEATER MARKET, BY TYPE, 2023–2028 (USD MILLION) 234
11.6.7.2.3 By rated capacity 234
TABLE 339 ARGENTINA: HEAT PUMP WATER HEATER MARKET, BY RATED CAPACITY, 2019–2022 (USD MILLION) 234
TABLE 340 ARGENTINA: HEAT PUMP WATER HEATER MARKET, BY RATED CAPACITY, 2023–2028 (USD MILLION) 234
11.6.7.2.4 By refrigerant type 235
TABLE 341 ARGENTINA: HEAT PUMP WATER HEATER MARKET, BY REFRIGERANT TYPE, 2019–2022 (USD MILLION) 235
TABLE 342 ARGENTINA: HEAT PUMP WATER HEATER MARKET, BY REFRIGERANT TYPE, 2023–2028 (USD MILLION) 235
11.6.7.2.5 By storage tank capacity 235
TABLE 343 ARGENTINA: HEAT PUMP WATER HEATER MARKET, BY STORAGE TANK CAPACITY, 2019–2022 (USD MILLION) 235
TABLE 344 ARGENTINA: HEAT PUMP WATER HEATER MARKET, BY STORAGE TANK CAPACITY, 2023–2028 (USD MILLION) 236
11.6.7.2.6 By end user 236
TABLE 345 ARGENTINA: HEAT PUMP WATER HEATER MARKET, BY END USER, 2019–2022 (USD MILLION) 236
TABLE 346 ARGENTINA: HEAT PUMP WATER HEATER MARKET, BY END USER, 2023–2028 (USD MILLION) 236
11.6.7.3 Rest of South America 237
11.6.7.3.1 By type 237
TABLE 347 REST OF SOUTH AMERICA: HEAT PUMP WATER HEATER MARKET, BY TYPE, 2019–2022 (USD MILLION) 237
TABLE 348 REST OF SOUTH AMERICA: HEAT PUMP WATER HEATER MARKET, BY TYPE, 2023–2028 (USD MILLION) 237
11.6.7.3.2 By rated capacity 238
TABLE 349 REST OF SOUTH AMERICA: HEAT PUMP WATER HEATER MARKET, BY RATED CAPACITY, 2019–2022 (USD MILLION) 238
TABLE 350 REST OF SOUTH AMERICA: HEAT PUMP WATER HEATER MARKET, BY RATED CAPACITY, 2023–2028 (USD MILLION) 238
11.6.7.3.3 By refrigerant type 238
TABLE 351 REST OF SOUTH AMERICA: HEAT PUMP WATER HEATER MARKET, BY REFRIGERANT TYPE, 2019–2022 (USD MILLION) 238
TABLE 352 REST OF SOUTH AMERICA: HEAT PUMP WATER HEATER MARKET, BY REFRIGERANT TYPE, 2023–2028 (USD MILLION) 239
11.6.7.3.4 By storage tank capacity 239
TABLE 353 REST OF SOUTH AMERICA: HEAT PUMP WATER HEATER MARKET, BY STORAGE TANK CAPACITY, 2019–2022 (USD MILLION) 239
TABLE 354 REST OF SOUTH AMERICA: HEAT PUMP WATER HEATER MARKET, BY STORAGE TANK CAPACITY, 2023–2028 (USD MILLION) 239
11.6.7.3.5 By end user 240
TABLE 355 REST OF SOUTH AMERICA: HEAT PUMP WATER HEATER MARKET, BY END USER, 2019–2022 (USD MILLION) 240
TABLE 356 REST OF SOUTH AMERICA: HEAT PUMP WATER HEATER MARKET, BY END USER, 2023–2028 (USD MILLION) 240
12 COMPETITIVE LANDSCAPE 241
12.1 OVERVIEW 241
12.2 STRATEGIES ADOPTED BY KEY PLAYERS, 2019–2023 241
TABLE 357 HEAT PUMP WATER HEATER MARKET: OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS, 2019–2023 241
12.3 MARKET SHARE ANALYSIS, 2022 242
TABLE 358 HEAT PUMP WATER HEATER MARKET: DEGREE OF COMPETITION 242
FIGURE 44 MARKET SHARE ANALYSIS OF TOP PLAYERS, 2022 243
12.4 MARKET EVALUATION FRAMEWORK, 2019–2023 243
TABLE 359 MARKET EVALUATION FRAMEWORK, 2019–2023 243
12.5 REVENUE ANALYSIS, 2018–2022 245
FIGURE 45 HEAT PUMP WATER HEATER MARKET: SEGMENTAL REVENUE ANALYSIS, 2018–2022 245
12.6 COMPETITIVE SCENARIOS AND TRENDS 245
12.6.1 DEALS 245
TABLE 360 HEAT PUMP WATER HEATER MARKET: DEALS, 2019–2023 246
12.6.2 OTHERS 247
TABLE 361 HEAT PUMP WATER HEATER MARKET: OTHERS, 2019–2023 247
12.7 COMPANY EVALUATION MATRIX (KEY PLAYERS), 2022 247
12.7.1 STARS 248
12.7.2 EMERGING LEADERS 248
12.7.3 PERVASIVE PLAYERS 248
12.7.4 PARTICIPANTS 248
FIGURE 46 HEAT PUMP WATER HEATER MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2022 249
12.7.5 COMPANY FOOTPRINT (KEY PLAYERS) 250
TABLE 362 TYPE: COMPANY FOOTPRINT 250
TABLE 363 STORAGE TANK CAPACITY: COMPANY FOOTPRINT 250
TABLE 364 RATED CAPACITY: COMPANY FOOTPRINT 251
TABLE 365 REFRIGERANT TYPE: COMPANY FOOTPRINT 252
TABLE 366 END USER: COMPANY FOOTPRINT 252
TABLE 367 REGION: COMPANY FOOTPRINT 253
TABLE 368 COMPANY OVERALL FOOTPRINT 254
12.8 COMPANY EVALUATION MATRIX (OTHER PLAYERS), 2022 255
12.8.1 STARS 255
12.8.2 EMERGING LEADERS 255
12.8.3 PERVASIVE PLAYERS 255
12.8.4 PARTICIPANTS 255
FIGURE 47 HEAT PUMP WATER HEATER MARKET: COMPANY EVALUATION MATRIX (OTHER PLAYERS), 2022 256
12.8.5 COMPANY FOOTPRINT (OTHER PLAYERS) 257
TABLE 369 TYPE: COMPANY FOOTPRINT (OTHER PLAYERS) 257
TABLE 370 STORAGE TANK CAPACITY: COMPANY FOOTPRINT (OTHER PLAYERS) 257
TABLE 371 RATED CAPACITY: COMPANY FOOTPRINT (OTHER PLAYERS) 258
TABLE 372 REFRIGERANT TYPE: COMPANY FOOTPRINT (OTHER PLAYERS) 258
TABLE 373 END USER: COMPANY FOOTPRINT (OTHER PLAYERS) 259
TABLE 374 REGION: COMPANY FOOTPRINT (OTHER PLAYERS) 259
TABLE 375 COMPANY OVERALL FOOTPRINT (OTHER PLAYERS) 260
13 COMPANY PROFILES 261
13.1 KEY PLAYERS 261
(Business Overview, Products/Solutions/Services offered, Recent Developments, MnM View)*
13.1.1 PANASONIC CORPORATION 261
TABLE 376 PANASONIC CORPORATION: COMPANY OVERVIEW 261
FIGURE 48 PANASONIC CORPORATION: COMPANY SNAPSHOT 262
TABLE 377 PANASONIC CORPORATION: PRODUCTS/SERVICES/SOLUTIONS OFFERED 262
TABLE 378 PANASONIC CORPORATION: PRODUCT LAUNCHES 263
TABLE 379 PANASONIC CORPORATION: DEALS 263
TABLE 380 PANASONIC CORPORATION: OTHERS 263
13.1.2 LG ELECTRONICS 265
TABLE 381 LG ELECTRONICS: COMPANY OVERVIEW 265
FIGURE 49 LG ELECTRONICS: COMPANY SNAPSHOT 266
TABLE 382 LG ELECTRONICS: PRODUCTS/SOLUTIONS/SERVICES OFFERED 266
13.1.3 JOHNSON CONTROLS-HITACHI AIR CONDITIONING 268
TABLE 383 JOHNSON CONTROLS-HITACHI AIR CONDITIONING: COMPANY OVERVIEW 268
FIGURE 50 JOHNSON CONTROLS-HITACHI AIR CONDITIONING: COMPANY SNAPSHOT 269
TABLE 384 JOHNSON CONTROLS-HITACHI AIR CONDITIONING: PRODUCTS/SOLUTIONS/SERVICES OFFERED 269
TABLE 385 JOHNSON CONTROLS-HITACHI AIR CONDITIONING: PRODUCT LAUNCHES 270
TABLE 386 JOHNSON CONTROLS-HITACHI AIR CONDITIONING: DEALS 270
13.1.4 MITSUBISHI ELECTRIC CORPORATION 272
TABLE 387 MITSUBISHI ELECTRIC CORPORATION: COMPANY OVERVIEW 272
FIGURE 51 MITSUBISHI ELECTRIC CORPORATION: COMPANY SNAPSHOT 273
TABLE 388 MITSUBISHI ELECTRIC CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED 273
TABLE 389 MITSUBISHI ELECTRIC CORPORATION: DEALS 274
13.1.5 TRANE TECHNOLOGIES PLC 275
TABLE 390 TRANE TECHNOLOGIES PLC: COMPANY OVERVIEW 275
FIGURE 52 TRANE TECHNOLOGIES PLC: COMPANY SNAPSHOT 276
TABLE 391 TRANE TECHNOLOGIES PLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED 276
13.1.6 FUJITSU GENERAL 278
TABLE 392 FUJITSU GENERAL: COMPANY OVERVIEW 278
FIGURE 53 FUJITSU GENERAL: COMPANY SNAPSHOT 279
TABLE 393 FUJITSU GENERAL: PRODUCTS/SOLUTIONS/SERVICES OFFERED 279
TABLE 394 FUJITSU GENERAL: DEALS 280
TABLE 395 FUJITSU GENERAL: OTHERS 280
13.1.7 HAIER INC. 281
TABLE 396 HAIER INC.: COMPANY OVERVIEW 281
FIGURE 54 HAIER INC.: COMPANY SNAPSHOT 282
TABLE 397 HAIER INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 282
13.1.8 CARRIER 283
TABLE 398 CARRIER: COMPANY OVERVIEW 283
FIGURE 55 CARRIER: COMPANY SNAPSHOT 284
TABLE 399 CARRIER: PRODUCTS/SOLUTIONS/SERVICES OFFERED 284
TABLE 400 CARRIER: PRODUCT LAUNCHES 285
13.1.9 RHEEM MANUFACTURING COMPANY 286
TABLE 401 RHEEM MANUFACTURING COMPANY: COMPANY OVERVIEW 286
TABLE 402 RHEEM MANUFACTURING COMPANY: PRODUCTS/SOLUTIONS/SERVICES OFFERED 286
TABLE 403 RHEEM MANUFACTURING COMPANY: DEALS 287
13.1.10 A.O. SMITH 288
TABLE 404 A.O. SMITH: COMPANY OVERVIEW 288
FIGURE 56 A.O. SMITH: COMPANY SNAPSHOT 289
TABLE 405 A.O. SMITH: PRODUCTS/SERVICES/SOLUTIONS OFFERED 289
TABLE 406 A.O. SMITH: PRODUCT LAUNCHES 289
13.1.11 BOSCH THERMOTECHNOLOGY CORP. 290
TABLE 407 BOSCH THERMOTECHNOLOGY CORP.: COMPANY OVERVIEW 290
TABLE 408 BOSCH THERMOTECHNOLOGY CORP.: PRODUCTS/SERVICES/SOLUTIONS OFFERED 290
TABLE 409 BOSCH THERMOTECHNOLOGY CORP.: PRODUCT LAUNCHES 290
13.1.12 VAILLANT GROUP 291
13.1.12.1 Business overview 291
TABLE 410 VAILLANT GROUP: COMPANY OVERVIEW 291
13.1.12.2 Products/Services/Solutions offered 291
TABLE 411 VAILLANT GROUP: PRODUCTS/SERVICES/SOLUTIONS OFFERED 291
13.1.12.3 Recent developments 292
13.1.12.3.1 Product launches 292
TABLE 412 VAILLANT GROUP: PRODUCT LAUNCHES 292
13.1.13 MIDEA 293
TABLE 413 MIDEA: COMPANY OVERVIEW 293
FIGURE 57 MIDEA: COMPANY SNAPSHOT 294
TABLE 414 MIDEA: PRODUCTS/SERVICES/SOLUTIONS OFFERED 294
13.1.14 DAIKIN INDUSTRIES, LTD. 295
TABLE 415 DAIKIN INDUSTRIES, LTD.: COMPANY OVERVIEW 295
FIGURE 58 DAIKIN INDUSTRIES, LTD.: COMPANY SNAPSHOT 296
TABLE 416 DAIKIN INDUSTRIES, LTD.: PRODUCTS/SERVICES/SOLUTIONS OFFERED 296
TABLE 417 DAIKIN INDUSTRIES, LTD.: PRODUCT LAUNCHES 297
TABLE 418 DAIKIN INDUSTRIES, LTD.: OTHERS 297
13.1.15 VIESSMANN GROUP 298
TABLE 419 VIESSMANN GROUP: COMPANY OVERVIEW 298
TABLE 420 VIESSMANN GROUP: PRODUCTS/SERVICES/SOLUTIONS OFFERED 298
TABLE 421 VIESSMANN GROUP: PRODUCT LAUNCHES 299
*Details on Business Overview, Products/Solutions/Services offered, Recent Developments, MnM View might not be captured in case of unlisted companies.
13.2 OTHER PLAYERS 300
13.2.1 STIEBEL ELTRON GMBH & CO. KG (DE) 300
TABLE 422 STIEBEL ELTRON GMBH & CO. KG (DE): COMPANY OVERVIEW 300
13.2.2 GLEN DIMPLEX GROUP 301
TABLE 423 GLEN DIMPLEX GROUP: COMPANY OVERVIEW 301
13.2.3 NIBE ENERGY SYSTEMS 302
TABLE 424 NIBE ENERGY SYSTEMS: COMPANY OVERVIEW 302
13.2.4 GREE ELECTRIC APPLIANCES, INC. OF ZHUHAI 303
TABLE 425 GREE ELECTRIC APPLIANCES, INC. OF ZHUHAI: COMPANY OVERVIEW 303
13.2.5 EMERSON ELECTRIC CO. 303
TABLE 426 EMERSON ELECTRIC CO.: COMPANY OVERVIEW 303
13.2.6 GUANGZHOU CANOVA HEATING & REFRIGERATION EQUIPMENT CO., LTD. 304
TABLE 427 GUANGZHOU CANOVA HEATING & REFRIGERATION EQUIPMENT CO., LTD.: COMPANY OVERVIEW 304
13.2.7 ARISTON HOLDING N.V. 304
TABLE 428 ARISTON HOLDING N.V.: COMPANY OVERVIEW 304
13.2.8 EVO ENERGY TECHNOLOGIES 305
TABLE 429 EVO ENERGY TECHNOLOGIES: COMPANY OVERVIEW 305
13.2.9 NAMMA SWADESHI 305
TABLE 430 NAMMA SWADESHI: COMPANY OVERVIEW 305
13.2.10 ECO TECH SOLUTIONS 306
TABLE 431 ECO TECH SOLUTIONS: COMPANY OVERVIEW 306
14 APPENDIX 307
14.1 INSIGHTS FROM INDUSTRY EXPERTS 307
14.2 DISCUSSION GUIDE 308
14.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 313
14.4 CUSTOMIZATION OPTIONS 315
14.5 RELATED REPORTS 315
14.6 AUTHOR DETAILS 316