ヒートポンプ給湯器の世界市場：市場規模・シェア・動向、業界分析 (技術別・容量別・動作の種類別・用途別・タンク容量別・地域別)、将来予測 (2025年～2034年)

Polaris Market Researchの最新調査によると、世界のヒートポンプ給湯器の市場規模は2034年までに386億米ドルに達する見込みです。このレポートは、現在の市場力学を詳細に洞察し、将来の市場成長に関する分析を提供しています。

ヒートポンプ給湯器は、周囲の空気から熱を取り出し、それを水に変換するエネルギー効率の高いシステムであり、従来の給湯器と比較してエネルギー消費を削減します。ヒートポンプ給湯器市場の成長を形成する最重要動向の1つは、システムの効率とユーザー制御を向上させるスマート技術とコネクテッド技術の統合です。Wi-Fi対応モニタリング、適応加熱スケジュール、エネルギー使用量分析などの高度な機能が標準となりつつあり、消費者は性能を最適化して運用コストを削減できます。こうした技術革新は、インテリジェントなエネルギー管理ソリューションに対する需要の高まりと合致しているため、住宅用および商業用アプリケーションにおけるHPWHの採用を促進しています。デジタル化と自動化への注目の高まりは市場成長をさらに促進し、スマート対応HPWHは現代の消費者に好まれる選択肢になると予想されます。

ヒートポンプ給湯器市場のもう一つの主要動向は、世界の持続可能性への取り組みと厳しい環境規制を背景に、環境に優しい冷媒へのシフトです。地球温暖化係数（GWP）の高い従来の冷媒は、R-744（CO2）やR-290（プロパン）のようなGWPの低い代替冷媒に置き換えられつつあり、効率の向上と環境負荷の低減を実現しています。この移行は、メーカーに、進化する規制基準への適合を確保しながら製品性能を向上させるための研究開発への投資を促しています。さらに、環境に優しい冷媒の採用は、暖房セクターにおける二酸化炭素排出量の削減という広範な目標をサポートします。そのため、持続可能性が引き続き重要な焦点となる中、次世代冷媒を利用したHPWHの需要が高まると予想されます。

ヒートポンプ給湯器市場：分析概要

運転タイプ別では、電気式セグメントが2024年のヒートポンプ給湯器市場の拡大をリードし、住宅と商業の両分野で幅広く採用されています。

タンク容量別では、300～500Lセグメントが商業施設や集合住宅からの需要増に後押しされ、予測期間中にヒートポンプ給湯器市場で最も急速な成長を遂げると予測されます。

アジア太平洋は、急速な都市化、厳格なエネルギー効率規制、持続可能な暖房ソリューションをサポートする強力な政府のイニシアチブに主に起因し、2024年に世界市場をリードしています。

北米のヒートポンプ給湯器市場は、規制支援の高まりとエネルギー効率の高い家電製品への消費者シフトの高まりに後押しされ、予測期間中に最も速い成長を示すことが期待されています。

世界の主要企業には、A.Bosch Thermotechnology Corp.、Carrier、DAIKIN INDUSTRIES, Ltd.、富士通ゼネラル、Haier HVAC Solutions、INSPUR Co., Ltd.、Johnson Controls-Hitachi Air Conditioning Company、LG Electronics、Midea America Corp.、MITSUBISHI HEAVY INDUSTRIES, LTD.、Panasonic Holdings Corporation、Rheem Manufacturing Company、Tran、Vaillant Group International GmbHなどです。

目次

第1章 イントロダクション

第2章 エグゼクティブサマリー

第3章 分析手法

第4章 世界のヒートポンプ給湯器市場の洞察

• 市場スナップショット
• ヒートポンプ給湯器の市場力学
  • 促進要因と機会
    • 運用コストを削減するためのエネルギー効率の高い給湯ソリューションの需要増加
    • ヒートポンプ技術の進歩により、性能と信頼性の両方が向上
  • 抑制要因と課題
    • 気候条件によるヒートポンプ給湯器の性能の変動
• PESTLE分析
• ヒートポンプ給湯器市場の動向
• バリューチェーン分析

第5章 世界のヒートポンプ給湯器市場：技術別

• 主な調査結果
• イントロダクション
• ATW (Air to Water)
• 水熱式
• 地熱式

第6章 世界のヒートポンプ給湯器市場：容量別

• 主な調査結果
• イントロダクション
• 20kW以下
• 21～50kW
• 51～100kW
• 100kW以上

第7章 世界のヒートポンプ給湯器市場：動作の種類別

• 主な調査結果
• イントロダクション
• 電気
• ハイブリッド

第8章 世界のヒートポンプ給湯器市場：用途別

• 主な調査結果
• イントロダクション
• 住宅
• 産業
• 商業

第9章 世界のヒートポンプ給湯器市場：タンク容量別

• 主な調査結果
• イントロダクション
• 150L以下
• 150～300リットル
• 300～500リットル
• 500L以上

第10章 世界のヒートポンプ給湯器市場：地域別

• 主な調査結果
• イントロダクション
  • ヒートポンプ給湯器市場の分析：地域別（数量（1000台）・金額（10億米ドル）ベース、2020～2034年）
• 北米
  • 北米：コンポーネント別（数量（1000台）・金額（10億米ドル）ベース、2020～2034年）
  • 北米：種類別（数量（1000台）・金額（10億米ドル）ベース、2020～2034年）
  • 北米：動作の種類別（数量（1000台）・金額（10億米ドル）ベース、2020～2034年）
  • 北米：用途別（数量（1000台）・金額（10億米ドル）ベース、2020～2034年）
  • 北米：タンク容量別（数量（1000台）・金額（10億米ドル）ベース、2020～2034年）
  • 米国
  • カナダ
• 欧州
  • 欧州：コンポーネント別（数量（1000台）・金額（10億米ドル）ベース、2020～2034年）
  • 欧州：タイプ別（数量（1000台）・金額（10億米ドル）ベース、2020～2034年）
  • 欧州：動作の種類別（数量（1000台）・金額（10億米ドル）ベース、2020～2034年）
  • 欧州：用途別（数量（1000台）・金額（10億米ドル）ベース、2020～2034年）
  • 欧州：タンク容量別（数量（1000台）・金額（10億米ドル）ベース、2020～2034年）
  • 英国
  • フランス
  • ドイツ
  • イタリア
  • スペイン
  • オランダ
  • ロシア
  • その他欧州
• アジア太平洋
  • アジア太平洋：コンポーネント別（数量（1000台）・金額（10億米ドル）ベース、2020～2034年）
  • アジア太平洋：タイプ別（数量（1000台）・金額（10億米ドル）ベース、2020～2034年）
  • アジア太平洋：動作の種類別（数量（1000台）・金額（10億米ドル）ベース、2020～2034年）
  • アジア太平洋：用途別（数量（1000台）・金額（10億米ドル）ベース、2020～2034年）
  • アジア太平洋：タンク容量別（数量（1000台）・金額（10億米ドル）ベース、2020～2034年）
  • 中国
  • インド
  • マレーシア
  • 日本
  • インドネシア
  • 韓国
  • オーストラリア
  • その他アジア太平洋
• 中東・アフリカ
  • 中東・アフリカ：コンポーネント別（数量（1000台）・金額（10億米ドル）ベース、2020～2034年）
  • 中東・アフリカ：タイプ別（数量（1000台）・金額（10億米ドル）ベース、2020～2034年）
  • 中東・アフリカ：動作の種類別（数量（1000台）・金額（10億米ドル）ベース、2020～2034年）
  • 中東・アフリカ：用途別（数量（1000台）・金額（10億米ドル）ベース、2020～2034年）
  • 中東・アフリカ：タンク容量別（数量（1000台）・金額（10億米ドル）ベース、2020～2034年）
  • サウジアラビア
  • アラブ首長国連邦
  • イスラエル
  • 南アフリカ
  • その他中東・アフリカ
• ラテンアメリカ
  • ラテンアメリカ：構成別（数量（1000台）・金額（10億米ドル）ベース、2020～2034年）
  • ラテンアメリカ：タイプ別（数量（1000台）・金額（10億米ドル）ベース、2020～2034年）
  • ラテンアメリカ：動作の種類別（数量（1000台）・金額（10億米ドル）ベース、2020～2034年）
  • ラテンアメリカ：用途別（数量（1000台）・金額（10億米ドル）ベース、2020～2034年）
  • ラテンアメリカ：タンク容量別（数量（1000台）・金額（10億米ドル）ベース、2020～2034年）
  • メキシコ
  • ブラジル
  • アルゼンチン
  • その他ラテンアメリカ

第11章 競合情勢

• 事業拡大・企業買収の分析
  • 事業拡大
  • 企業買収
• 提携/協業/合意/公開

第12章 企業プロファイル

• Panasonic Holdings Corporation
• LG Electronics.
• Johnson Controls-Hitachi Air Conditioning Company
• MITSUBISHI HEAVY INDUSTRIES, LTD.
• Trane.
• FUJITSU GENERAL
• Haier HVAC Solutions
• Carrier.
• Rheem Manufacturing Company.
• A. O. Smith India Water Products Pvt. Ltd.
• Bosch Thermotechnology Corp.
• Vaillant Group International GmbH
• INSPUR Co., Ltd.
• Midea America Corp.
• DAIKIN INDUSTRIES, Ltd.,

List of Tables:

• Table 1 Global Heat Pump Water Heater Market, By Component, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 2 Global Heat Pump Water Heater Market, By Type, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 3 Global Heat Pump Water Heater Market, by Operation Type, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 4 Global Heat Pump Water Heater Market, by Application, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 5 Global Heat Pump Water Heater Market, by Tank Capacity, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 6 North America: Heat Pump Water Heater Market, By Component, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 7 North America: Heat Pump Water Heater Market, By Type, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 8 North America: Heat Pump Water Heater Market, by Operation Type, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 9 North America: Heat Pump Water Heater Market, by Application, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 10 North America: Heat Pump Water Heater Market, by Tank Capacity, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 11 US: Heat Pump Water Heater Market, By Component, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 12 US: Heat Pump Water Heater Market, By Type, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 13 US: Heat Pump Water Heater Market, by Operation Type, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 14 US: Heat Pump Water Heater Market, by Application, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 15 US: Heat Pump Water Heater Market, by Tank Capacity, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 16 Canada: Heat Pump Water Heater Market, By Component, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 17 Canada: Heat Pump Water Heater Market, By Type, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 18 Canada: Heat Pump Water Heater Market, by Operation Type, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 19 Canada: Heat Pump Water Heater Market, by Application, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 20 Canada: Heat Pump Water Heater Market, by Tank Capacity, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 21 Europe: Heat Pump Water Heater Market, By Component, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 22 Europe: Heat Pump Water Heater Market, By Type, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 23 Europe: Heat Pump Water Heater Market, by Operation Type, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 24 Europe: Heat Pump Water Heater Market, by Application, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 25 Europe: Heat Pump Water Heater Market, by Tank Capacity, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 26 UK: Heat Pump Water Heater Market, By Component, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 27 UK: Heat Pump Water Heater Market, By Type, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 28 UK: Heat Pump Water Heater Market, by Operation Type, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 29 UK: Heat Pump Water Heater Market, by Application, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 30 UK: Heat Pump Water Heater Market, by Tank Capacity, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 31 France: Heat Pump Water Heater Market, By Component, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 32 France: Heat Pump Water Heater Market, By Type, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 33 France: Heat Pump Water Heater Market, by Operation Type, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 34 France: Heat Pump Water Heater Market, by Application, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 35 France: Heat Pump Water Heater Market, by Tank Capacity, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 36 Germany: Heat Pump Water Heater Market, By Component, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 37 Germany: Heat Pump Water Heater Market, By Type, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 38 Germany: Heat Pump Water Heater Market, by Operation Type, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 39 Germany: Heat Pump Water Heater Market, by Application, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 40 Germany: Heat Pump Water Heater Market, by Tank Capacity, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 41 Italy: Heat Pump Water Heater Market, By Component, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 42 Italy: Heat Pump Water Heater Market, By Type, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 43 Italy: Heat Pump Water Heater Market, by Operation Type, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 44 Italy: Heat Pump Water Heater Market, by Application, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 45 Italy: Heat Pump Water Heater Market, by Tank Capacity, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 46 Spain: Heat Pump Water Heater Market, By Component, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 47 Spain: Heat Pump Water Heater Market, By Type, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 48 Spain: Heat Pump Water Heater Market, by Operation Type, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 49 Spain: Heat Pump Water Heater Market, by Application, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 50 Spain: Heat Pump Water Heater Market, by Tank Capacity, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 51 Netherlands: Heat Pump Water Heater Market, By Component, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 52 Netherlands: Heat Pump Water Heater Market, By Type, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 53 Netherlands: Heat Pump Water Heater Market, by Operation Type, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 54 Netherlands: Heat Pump Water Heater Market, by Application, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 55 Netherlands: Heat Pump Water Heater Market, by Tank Capacity, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 56 Russia: Heat Pump Water Heater Market, By Component, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 57 Russia: Heat Pump Water Heater Market, By Type, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 58 Russia: Heat Pump Water Heater Market, by Operation Type, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 59 Russia: Heat Pump Water Heater Market, by Application, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 60 Russia: Heat Pump Water Heater Market, by Tank Capacity, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 61 Rest of Europe: Heat Pump Water Heater Market, By Component, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 62 Rest of Europe: Heat Pump Water Heater Market, By Type, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 63 Rest of Europe: Heat Pump Water Heater Market, by Operation Type, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 64 Rest of Europe: Heat Pump Water Heater Market, by Application, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 65 Rest of Europe: Heat Pump Water Heater Market, by Tank Capacity, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 66 Asia Pacific: Heat Pump Water Heater Market, By Component, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 67 Asia Pacific: Heat Pump Water Heater Market, By Type, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 68 Asia Pacific: Heat Pump Water Heater Market, by Operation Type, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 69 Asia Pacific: Heat Pump Water Heater Market, by Application, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 70 Asia Pacific: Heat Pump Water Heater Market, by Tank Capacity, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 71 China: Heat Pump Water Heater Market, By Component, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 72 China: Heat Pump Water Heater Market, By Type, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 73 China: Heat Pump Water Heater Market, by Operation Type, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 74 China: Heat Pump Water Heater Market, by Application, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 75 China: Heat Pump Water Heater Market, by Tank Capacity, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 76 India: Heat Pump Water Heater Market, By Component, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 77 India: Heat Pump Water Heater Market, By Type, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 78 India: Heat Pump Water Heater Market, by Operation Type, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 79 India: Heat Pump Water Heater Market, by Application, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 80 India: Heat Pump Water Heater Market, by Tank Capacity, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 81 Malaysia: Heat Pump Water Heater Market, By Component, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 82 Malaysia: Heat Pump Water Heater Market, By Type, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 83 Malaysia: Heat Pump Water Heater Market, by Operation Type, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 84 Malaysia: Heat Pump Water Heater Market, by Application, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 85 Malaysia: Heat Pump Water Heater Market, by Tank Capacity, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 86 Japan: Heat Pump Water Heater Market, By Component, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 87 Japan: Heat Pump Water Heater Market, By Type, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 88 Japan: Heat Pump Water Heater Market, by Operation Type, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 89 Japan: Heat Pump Water Heater Market, by Application, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 90 Japan: Heat Pump Water Heater Market, by Tank Capacity, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 91 Indonesia: Heat Pump Water Heater Market, By Component, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 92 Indonesia: Heat Pump Water Heater Market, By Type, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 93 Indonesia: Heat Pump Water Heater Market, by Operation Type, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 94 Indonesia: Heat Pump Water Heater Market, by Application, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 95 Indonesia: Heat Pump Water Heater Market, by Tank Capacity, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 96 South Korea: Heat Pump Water Heater Market, By Component, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 97 South Korea: Heat Pump Water Heater Market, By Type, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 98 South Korea: Heat Pump Water Heater Market, by Operation Type, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 99 South Korea: Heat Pump Water Heater Market, by Application, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 100 South Korea: Heat Pump Water Heater Market, by Tank Capacity, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 101 Australia: Heat Pump Water Heater Market, By Component, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 102 Australia: Heat Pump Water Heater Market, By Type, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 103 Australia: Heat Pump Water Heater Market, by Operation Type, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 104 Australia: Heat Pump Water Heater Market, by Application, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 105 Australia: Heat Pump Water Heater Market, by Tank Capacity, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 106 Rest of Asia Pacific: Heat Pump Water Heater Market, By Component, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 107 Rest of Asia Pacific: Heat Pump Water Heater Market, By Type, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 108 Rest of Asia Pacific: Heat Pump Water Heater Market, by Operation Type, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 109 Rest of Asia Pacific: Heat Pump Water Heater Market, by Application, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 110 Rest of Asia Pacific: Heat Pump Water Heater Market, by Tank Capacity, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 111 Middle East & Africa: Heat Pump Water Heater Market, By Component, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 112 Middle East & Africa: Heat Pump Water Heater Market, By Type, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 113 Middle East & Africa: Heat Pump Water Heater Market, by Operation Type, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 114 Middle East & Africa: Heat Pump Water Heater Market, by Application, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 115 Middle East & Africa: Heat Pump Water Heater Market, by Tank Capacity, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 116 Saudi Arabia: Heat Pump Water Heater Market, By Component, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 117 Saudi Arabia: Heat Pump Water Heater Market, By Type, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 118 Saudi Arabia: Heat Pump Water Heater Market, by Operation Type, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 119 Saudi Arabia: Heat Pump Water Heater Market, by Application, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 120 Saudi Arabia: Heat Pump Water Heater Market, by Tank Capacity, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 121 UAE: Heat Pump Water Heater Market, By Component, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 122 UAE: Heat Pump Water Heater Market, By Type, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 123 UAE: Heat Pump Water Heater Market, by Operation Type, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 124 UAE: Heat Pump Water Heater Market, by Application, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 125 UAE: Heat Pump Water Heater Market, by Tank Capacity, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 126 Israel: Heat Pump Water Heater Market, By Component, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 127 Israel: Heat Pump Water Heater Market, By Type, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 128 Israel: Heat Pump Water Heater Market, by Operation Type, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 129 Israel: Heat Pump Water Heater Market, by Application, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 130 Israel: Heat Pump Water Heater Market, by Tank Capacity, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 131 South Africa: Heat Pump Water Heater Market, By Component, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 132 South Africa: Heat Pump Water Heater Market, By Type, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 133 South Africa: Heat Pump Water Heater Market, by Operation Type, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 134 South Africa: Heat Pump Water Heater Market, by Application, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 135 South Africa: Heat Pump Water Heater Market, by Tank Capacity, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 136 Rest of Middle East & Africa: Heat Pump Water Heater Market, By Component, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 137 Rest of Middle East & Africa: Heat Pump Water Heater Market, By Type, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 138 Rest of Middle East & Africa: Heat Pump Water Heater Market, by Operation Type, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 139 Rest of Middle East & Africa: Heat Pump Water Heater Market, by Application, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 140 Rest of Middle East & Africa: Heat Pump Water Heater Market, by Tank Capacity, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 141 Latin America: Heat Pump Water Heater Market, By Component, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 142 Latin America: Heat Pump Water Heater Market, By Type, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 143 Latin America: Heat Pump Water Heater Market, by Operation Type, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 144 Latin America: Heat Pump Water Heater Market, by Application, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 145 Latin America: Heat Pump Water Heater Market, by Tank Capacity, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 146 Mexico: Heat Pump Water Heater Market, By Component, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 147 Mexico: Heat Pump Water Heater Market, By Type, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 148 Mexico: Heat Pump Water Heater Market, by Operation Type, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 149 Mexico: Heat Pump Water Heater Market, by Application, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 150 Mexico: Heat Pump Water Heater Market, by Tank Capacity, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 151 Brazil: Heat Pump Water Heater Market, By Component, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 152 Brazil: Heat Pump Water Heater Market, By Type, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 153 Brazil: Heat Pump Water Heater Market, by Operation Type, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 154 Brazil: Heat Pump Water Heater Market, by Application, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 155 Brazil: Heat Pump Water Heater Market, by Tank Capacity, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 156 Argentina: Heat Pump Water Heater Market, By Component, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 157 Argentina: Heat Pump Water Heater Market, By Type, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 158 Argentina: Heat Pump Water Heater Market, by Operation Type, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 159 Argentina: Heat Pump Water Heater Market, by Application, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 160 Argentina: Heat Pump Water Heater Market, by Tank Capacity, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 161 Rest of Latin America: Heat Pump Water Heater Market, By Component, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 162 Rest of Latin America: Heat Pump Water Heater Market, By Type, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 163 Rest of Latin America: Heat Pump Water Heater Market, by Operation Type, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 164 Rest of Latin America: Heat Pump Water Heater Market, by Application, 2020-2034 (Volume Thousand Units; USD Billion)
• Table 165 Rest of Latin America: Heat Pump Water Heater Market, by Tank Capacity, 2020-2034 (Volume Thousand Units; USD Billion)

List of Figures:

• Figure 1. Global Heat Pump Water Heater Market, 2020-2034 (Volume Thousand Units; USD Billion)
• Figure 2. Integrated Ecosystem
• Figure 3. Research Methodology: Top-Down & Bottom-Up Price
• Figure 4. Market by Geography
• Figure 5. Porter's Five Forces
• Figure 6. Market By Component
• Figure 7. Global Heat Pump Water Heater Market, By Component, 2024 & 2034 (Volume Thousand Units; USD Billion)
• Figure 8. Market By Type
• Figure 9. Global Heat Pump Water Heater Market, By Type, 2024 & 2034 (Volume Thousand Units; USD Billion)
• Figure 10. Market by Operation Type
• Figure 11. Global Heat Pump Water Heater Market, by Operation Type, 2024 & 2034 (Volume Thousand Units; USD Billion)
• Figure 12. Market by Application
• Figure 13. Global Heat Pump Water Heater Market, by Application, 2024 & 2034 (Volume Thousand Units; USD Billion)
• Figure 14. Market by Tank Capacity
• Figure 15. Global Heat Pump Water Heater Market, by Tank Capacity, 2024 & 2034 (Volume Thousand Units; USD Billion)

The global heat pump water heater market size is expected to reach USD 38.60 billion by 2034, according to a new study by Polaris Market Research. The report "Heat Pump Water Heater Market Size, Share, Trends, Industry Analysis Report: By Technology, Capacity, Operation Type (Electric and Hybrid), Application, Tank Capacity, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Market Forecast, 2025-2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.

A heat pump water heater is an energy-efficient system that extracts heat from the surrounding air and transfers it to water, reducing energy consumption compared to conventional water heaters. One of the top trends shaping the heat pump water heater market growth is the integration of smart and connected technologies, which improve system efficiency and user control. Advanced features such as Wi-Fi-enabled monitoring, adaptive heating schedules, and energy usage analytics are becoming standard, allowing consumers to optimize performance and reduce operational costs. These innovations are driving the adoption of HPWHs across residential and commercial applications, as they align with the growing demand for intelligent energy management solutions. The increasing focus on digitalization and automation is expected to further propel market growth, making smart-enabled HPWHs a preferred choice for modern consumers.

Another key trend in the heat pump water heater market is the shift toward environmentally friendly refrigerants, driven by global sustainability initiatives and strict environmental regulations. Traditional refrigerants with high global warming potential (GWP) are being replaced with low-GWP alternatives such as R-744 (CO2) and R-290 (propane), which offer improved efficiency and reduced environmental impact. This transition is encouraging manufacturers to invest in research and development to improve product performance while ensuring compliance with evolving regulatory standards. Additionally, the adoption of eco-friendly refrigerants supports the broader goal of reducing carbon emissions in the heating sector. Therefore, as sustainability continues to be a critical focus area, the demand for HPWHs utilizing next-generation refrigerants is expected to rise.

Heat pump water heater Market Report Highlights

In terms of operation type, the electric segment led the expansion of the heat pump water heater market in 2024, driven by its extensive adoption across both residential and commercial sectors.

Based on tank capacity, the 300 to 500 L segment is projected to experience the most rapid growth in the heat pump water heater market during the forecast period, fueled by increasing demand from commercial facilities and multi-family residential buildings.

Asia Pacific led the global market in 2024, largely attributed to rapid urbanization, stringent energy efficiency regulations, and robust government initiatives supporting sustainable heating solutions.

The North America heat pump water heater market is expected to witness the fastest growth during the forecast period, propelled by rising regulatory support and a growing consumer shift toward energy-efficient appliances.

A few global key market players include A. O. Smith India Water Products Pvt. Ltd.; Bosch Thermotechnology Corp.; Carrier; DAIKIN INDUSTRIES, Ltd.; FUJITSU GENERAL; Haier HVAC Solutions; INSPUR Co., Ltd.; Johnson Controls - Hitachi Air Conditioning Company; LG Electronics; Midea America Corp.; MITSUBISHI HEAVY INDUSTRIES, LTD.; Panasonic Holdings Corporation; Rheem Manufacturing Company; Trane; and Vaillant Group International GmbH.

Polaris Market Research has segmented the heat pump water heater market report on the basis of technology, capacity, operation type, application, tank capacity, and region:

By Technology Outlook (Volume Thousand Units; Revenue, USD Billion; 2020-2034)

• Air to Water
• Water Source
• Geothermal

By Capacity Outlook (Volume Thousand Units; Revenue, USD Billion; 2020-2034)

• Upto 20 kW
• 21 to 50 kW
• 51 to 100 kW
• Above 100 kW

By Operation Type Outlook (Volume Thousand Units; Revenue, USD Billion; 2020-2034)

• Electric
• Hybrid

By Application Outlook (Volume Thousand Units; Revenue, USD Billion; 2020-2034)

• Residential
• Industrial
• Commercial

By Tank Capacity Outlook (Volume Thousand Units; Revenue, USD Billion; 2020-2034)

• Upto 150 L
• 150 to 300 L
• 300 to 500 L
• Above 500 L

By Regional Outlook (Volume Thousand Units; Revenue, USD Billion; 2020-2034)

• North America
• US
• Canada
• Europe
• Germany
• UK
• France
• Italy
• Spain
• Russia
• Netherlands
• Rest of Europe
• Asia Pacific
• China
• India
• Japan
• South Korea
• Indonesia
• Malaysia
• Vietnam
• Australia
• Rest of Asia Pacific
• Latin America
• Argentina
• Brazil
• Mexico
• Rest of Latin America
• Middle East & Africa
• UAE
• Saudi Arabia
• Israel
• South Africa
• Rest of Middle East & Africa

Table of Contents

1. Introduction

• 1.1. Report Description
  • 1.1.1. Objectives of the Study
  • 1.1.2. Market Scope
  • 1.1.3. Assumptions
• 1.2. Stakeholders

2. Executive Summary

• 2.1. Market Highlights

3. Research Methodology

• 3.1. Overview
  • 3.1.1. Data Mining
• 3.2. Data Sources
  • 3.2.1. Primary Sources
  • 3.2.2. Secondary Sources

4. Global Heat Pump Water Heater Market Insights

• 4.1. Heat Pump Water Heater Market - Material Snapshot
• 4.2. Heat Pump Water Heater Market Dynamics
  • 4.2.1. Drivers and Opportunities
    • 4.2.1.1. Increasing Demand for Energy-Efficient Water Heating Solutions to Reduce Operational Costs
    • 4.2.1.2. Advancements in heat pump technology improving both performance and reliability
  • 4.2.2. Restraints and Challenges
    • 4.2.2.1. Variability in performance of heat pump water heaters based on climatic conditions
• 4.3. Porter's Five Forces Analysis
  • 4.3.1. Bargaining Power of Suppliers (Moderate)
  • 4.3.2. Threats of New Entrants: (Low)
  • 4.3.3. Bargaining Power of Buyers (Moderate)
  • 4.3.4. Threat of Substitute (Moderate)
  • 4.3.5. Rivalry among existing firms (High)
• 4.4. PESTEL Analysis
• 4.5. Heat Pump Water Heater Market Material Trends
• 4.6. Value Chain Analysis

1. Global Heat Pump Water Heater Market, by Technology

• 1.1. Key Findings
• 1.2. Introduction
  • 1.2.1. Global Heat Pump Water Heater Market, by Technology, 2020-2034 (Volume Thousand Units; USD Billion)
• 1.3. Air to Water
  • 1.3.1. Global Heat Pump Water Heater Market, by Air to Water, by Region, 2020-2034 (Volume Thousand Units; USD Billion)
• 1.4. Water Source
  • 1.4.1. Global Heat Pump Water Heater Market, by Water Source, by Region, 2020-2034 (Volume Thousand Units; USD Billion)
• 1.5. Geothermal
  • 1.5.1. Global Heat Pump Water Heater Market, by Geothermal, by Region, 2020-2034 (Volume Thousand Units; USD Billion)

2. Global Heat Pump Water Heater Market, by Capacity

• 2.1. Key Findings
• 2.2. Introduction
  • 2.2.1. Global Heat Pump Water Heater Market, by Capacity, 2020-2034 (Volume Thousand Units; USD Billion)
• 2.3. Upto 20 kW
  • 2.3.1. Global Heat Pump Water Heater Market, by Upto 20 kW, by Region, 2020-2034 (Volume Thousand Units; USD Billion)
• 2.4. 21 to 50 kW
  • 2.4.1. Global Heat Pump Water Heater Market, by 21 to 50 kW, by Region, 2020-2034 (Volume Thousand Units; USD Billion)
• 2.5. 51 to 100 kW
  • 2.5.1. Global Heat Pump Water Heater Market, by 51 to 100 kW, by Region, 2020-2034 (Volume Thousand Units; USD Billion)
• 2.6. Above 100 kW
  • 2.6.1. Global Heat Pump Water Heater Market, by Above 100kW, by Region, 2020-2034 (Volume Thousand Units; USD Billion)

3. Global Heat Pump Water Heater Market, by Operation Type

• 3.1. Key Findings
• 3.2. Introduction
  • 3.2.1. Global Heat Pump Water Heater Market, by Operation Type, 2020-2034 (Volume Thousand Units; USD Billion)
• 3.3. Electric
  • 3.3.1. Global Heat Pump Water Heater Market, by Electric, by Region, 2020-2034 (Volume Thousand Units; USD Billion)
• 3.4. Hybrid
  • 3.4.1. Global Heat Pump Water Heater Market, by Hybrid, by Region, 2020-2034 (Volume Thousand Units; USD Billion)

4. Global Heat Pump Water Heater Market, by Application

• 4.1. Key Findings
• 4.2. Introduction
  • 4.2.1. Global Heat Pump Water Heater Market, by Application, 2020-2034 (Volume Thousand Units; USD Billion)
• 4.3. Residential
  • 4.3.1. Global Heat Pump Water Heater Market, by Residential, by Region, 2020-2034 (Volume Thousand Units; USD Billion)
• 4.4. Industrial
  • 4.4.1. Global Heat Pump Water Heater Market, by Industrial, by Region, 2020-2034 (Volume Thousand Units; USD Billion)
• 4.5. Commercial
  • 4.5.1. Global Heat Pump Water Heater Market, by Commercial, by Region, 2020-2034 (Volume Thousand Units; USD Billion)

5. Global Heat Pump Water Heater Market, by Tank Capacity

• 5.1. Key Findings
• 5.2. Introduction
  • 5.2.1. Global Heat Pump Water Heater Market, by Tank Capacity, 2020-2034 (Volume Thousand Units; USD Billion)
• 5.3. Upto 150 L
  • 5.3.1. Global Heat Pump Water Heater Market, by Upto 150 L, 2020-2034 (Volume Thousand Units; USD Billion)
• 5.4. 150 to 300 L
  • 5.4.1. Global Heat Pump Water Heater Market, by 150 to 300 L, 2020-2034 (Volume Thousand Units; USD Billion)
• 5.5. 300 to 500 L
  • 5.5.1. Global Heat Pump Water Heater Market, by 300 to 500 L, 2020-2034 (Volume Thousand Units; USD Billion)
• 5.6. Above 500 L
  • 5.6.1. Global Heat Pump Water Heater Market, by Above 500 L, 2020-2034 (Volume Thousand Units; USD Billion)

6. Global Heat Pump Water Heater Market, by Geography

• 6.1. Key Findings
• 6.2. Introduction
  • 6.2.1. Heat Pump Water Heater Market Assessment, By Geography, 2020-2034 (Volume Thousand Units; USD Billion)
• 6.3. Heat Pump Water Heater Market - North America
  • 6.3.1. North America: Heat Pump Water Heater Market, By Component, 2020-2034 (Volume Thousand Units; USD Billion)
  • 6.3.2. North America: Heat Pump Water Heater Market, By Type, 2020-2034 (Volume Thousand Units; USD Billion)
  • 6.3.3. North America: Heat Pump Water Heater Market, by Operation Type, 2020-2034 (Volume Thousand Units; USD Billion)
  • 6.3.4. North America: Heat Pump Water Heater Market, by Application, 2020-2034 (Volume Thousand Units; USD Billion)
  • 6.3.5. North America: Heat Pump Water Heater Market, by Tank Capacity, 2020-2034 (Volume Thousand Units; USD Billion)
  • 6.3.6. Heat Pump Water Heater Market - US
    • 6.3.6.1. US: Heat Pump Water Heater Market, By Component, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.3.6.2. US: Heat Pump Water Heater Market, By Type, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.3.6.3. US: Heat Pump Water Heater Market, by Operation Type, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.3.6.4. US: Heat Pump Water Heater Market, by Application, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.3.6.5. US: Heat Pump Water Heater Market, by Tank Capacity, 2020-2034 (Volume Thousand Units; USD Billion)
  • 6.3.7. Heat Pump Water Heater Market - Canada
    • 6.3.7.1. Canada: Heat Pump Water Heater Market, By Component, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.3.7.2. Canada: Heat Pump Water Heater Market, By Type, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.3.7.3. Canada: Heat Pump Water Heater Market, by Operation Type, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.3.7.4. Canada: Heat Pump Water Heater Market, by Application, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.3.7.5. Canada: Heat Pump Water Heater Market, by Tank Capacity, 2020-2034 (Volume Thousand Units; USD Billion)
• 6.4. Heat Pump Water Heater Market - Europe
  • 6.4.1. Europe: Heat Pump Water Heater Market, By Component, 2020-2034 (Volume Thousand Units; USD Billion)
  • 6.4.2. Europe: Heat Pump Water Heater Market, By Type, 2020-2034 (Volume Thousand Units; USD Billion)
  • 6.4.3. Europe: Heat Pump Water Heater Market, by Operation Type, 2020-2034 (Volume Thousand Units; USD Billion)
  • 6.4.4. Europe: Heat Pump Water Heater Market, by Application, 2020-2034 (Volume Thousand Units; USD Billion)
  • 6.4.5. Europe: Heat Pump Water Heater Market, by Tank Capacity, 2020-2034 (Volume Thousand Units; USD Billion)
  • 6.4.6. Heat Pump Water Heater Market - UK
    • 6.4.6.1. UK: Heat Pump Water Heater Market, By Component, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.4.6.2. UK: Heat Pump Water Heater Market, By Type, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.4.6.3. UK: Heat Pump Water Heater Market, by Operation Type, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.4.6.4. UK: Heat Pump Water Heater Market, by Application, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.4.6.5. UK: Heat Pump Water Heater Market, by Tank Capacity, 2020-2034 (Volume Thousand Units; USD Billion)
  • 6.4.7. Heat Pump Water Heater Market - France
    • 6.4.7.1. France: Heat Pump Water Heater Market, By Component, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.4.7.2. France: Heat Pump Water Heater Market, By Type, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.4.7.3. France: Heat Pump Water Heater Market, by Operation Type, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.4.7.4. France: Heat Pump Water Heater Market, by Application, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.4.7.5. France: Heat Pump Water Heater Market, by Tank Capacity, 2020-2034 (Volume Thousand Units; USD Billion)
  • 6.4.8. Heat Pump Water Heater Market - Germany
    • 6.4.8.1. Germany: Heat Pump Water Heater Market, By Component, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.4.8.2. Germany: Heat Pump Water Heater Market, By Type, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.4.8.3. Germany: Heat Pump Water Heater Market, by Operation Type, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.4.8.4. Germany: Heat Pump Water Heater Market, by Application, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.4.8.5. Germany: Heat Pump Water Heater Market, by Tank Capacity, 2020-2034 (Volume Thousand Units; USD Billion)
  • 6.4.9. Heat Pump Water Heater Market - Italy
    • 6.4.9.1. Italy: Heat Pump Water Heater Market, By Component, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.4.9.2. Italy: Heat Pump Water Heater Market, By Type, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.4.9.3. Italy: Heat Pump Water Heater Market, by Operation Type, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.4.9.4. Italy: Heat Pump Water Heater Market, by Application, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.4.9.5. Italy: Heat Pump Water Heater Market, by Tank Capacity, 2020-2034 (Volume Thousand Units; USD Billion)
  • 6.4.10. Heat Pump Water Heater Market - Spain
    • 6.4.10.1. Spain: Heat Pump Water Heater Market, By Component, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.4.10.2. Spain: Heat Pump Water Heater Market, By Type, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.4.10.3. Spain: Heat Pump Water Heater Market, by Operation Type, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.4.10.4. Spain: Heat Pump Water Heater Market, by Application, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.4.10.5. Spain: Heat Pump Water Heater Market, by Tank Capacity, 2020-2034 (Volume Thousand Units; USD Billion)
  • 6.4.11. Heat Pump Water Heater Market - Netherlands
    • 6.4.11.1. Netherlands: Heat Pump Water Heater Market, By Component, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.4.11.2. Netherlands: Heat Pump Water Heater Market, By Type, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.4.11.3. Netherlands: Heat Pump Water Heater Market, by Operation Type, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.4.11.4. Netherlands: Heat Pump Water Heater Market, by Application, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.4.11.5. Netherlands: Heat Pump Water Heater Market, by Tank Capacity, 2020-2034 (Volume Thousand Units; USD Billion)
  • 6.4.12. Heat Pump Water Heater Market - Russia
    • 6.4.12.1. Russia: Heat Pump Water Heater Market, By Component, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.4.12.2. Russia: Heat Pump Water Heater Market, By Type, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.4.12.3. Russia: Heat Pump Water Heater Market, by Operation Type, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.4.12.4. Russia: Heat Pump Water Heater Market, by Application, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.4.12.5. Russia: Heat Pump Water Heater Market, by Tank Capacity, 2020-2034 (Volume Thousand Units; USD Billion)
  • 6.4.13. Heat Pump Water Heater Market - Rest of Europe
    • 6.4.13.1. Rest of Europe: Heat Pump Water Heater Market, By Component, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.4.13.2. Rest of Europe: Heat Pump Water Heater Market, By Type, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.4.13.3. Rest of Europe: Heat Pump Water Heater Market, by Operation Type, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.4.13.4. Rest of Europe: Heat Pump Water Heater Market, by Application, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.4.13.5. Rest of Europe: Heat Pump Water Heater Market, by Tank Capacity, 2020-2034 (Volume Thousand Units; USD Billion)
• 6.5. Heat Pump Water Heater Market - Asia Pacific
  • 6.5.1. Asia Pacific: Heat Pump Water Heater Market, By Component, 2020-2034 (Volume Thousand Units; USD Billion)
  • 6.5.2. Asia Pacific: Heat Pump Water Heater Market, By Type, 2020-2034 (Volume Thousand Units; USD Billion)
  • 6.5.3. Asia Pacific: Heat Pump Water Heater Market, by Operation Type, 2020-2034 (Volume Thousand Units; USD Billion)
  • 6.5.4. Asia Pacific: Heat Pump Water Heater Market, by Application, 2020-2034 (Volume Thousand Units; USD Billion)
  • 6.5.5. Asia Pacific: Heat Pump Water Heater Market, by Tank Capacity, 2020-2034 (Volume Thousand Units; USD Billion)
  • 6.5.6. Heat Pump Water Heater Market - China
    • 6.5.6.1. China: Heat Pump Water Heater Market, By Component, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.5.6.2. China: Heat Pump Water Heater Market, By Type, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.5.6.3. China: Heat Pump Water Heater Market, by Operation Type, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.5.6.4. China: Heat Pump Water Heater Market, by Application, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.5.6.5. China: Heat Pump Water Heater Market, by Tank Capacity, 2020-2034 (Volume Thousand Units; USD Billion)
  • 6.5.7. Heat Pump Water Heater Market - India
    • 6.5.7.1. India: Heat Pump Water Heater Market, By Component, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.5.7.2. India: Heat Pump Water Heater Market, By Type, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.5.7.3. India: Heat Pump Water Heater Market, by Operation Type, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.5.7.4. India: Heat Pump Water Heater Market, by Application, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.5.7.5. India: Heat Pump Water Heater Market, by Tank Capacity, 2020-2034 (Volume Thousand Units; USD Billion)
  • 6.5.8. Heat Pump Water Heater Market - Malaysia
    • 6.5.8.1. Malaysia: Heat Pump Water Heater Market, By Component, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.5.8.2. Malaysia: Heat Pump Water Heater Market, By Type, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.5.8.3. Malaysia: Heat Pump Water Heater Market, by Operation Type, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.5.8.4. Malaysia: Heat Pump Water Heater Market, by Application, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.5.8.5. Malaysia: Heat Pump Water Heater Market, by Tank Capacity, 2020-2034 (Volume Thousand Units; USD Billion)
  • 6.5.9. Heat Pump Water Heater Market - Japan
    • 6.5.9.1. Japan: Heat Pump Water Heater Market, By Component, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.5.9.2. Japan: Heat Pump Water Heater Market, By Type, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.5.9.3. Japan: Heat Pump Water Heater Market, by Operation Type, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.5.9.4. Japan: Heat Pump Water Heater Market, by Application, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.5.9.5. Japan: Heat Pump Water Heater Market, by Tank Capacity, 2020-2034 (Volume Thousand Units; USD Billion)
  • 6.5.10. Heat Pump Water Heater Market - Indonesia
    • 6.5.10.1. Indonesia: Heat Pump Water Heater Market, By Component, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.5.10.2. Indonesia: Heat Pump Water Heater Market, By Type, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.5.10.3. Indonesia: Heat Pump Water Heater Market, by Operation Type, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.5.10.4. Indonesia: Heat Pump Water Heater Market, by Application, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.5.10.5. Indonesia: Heat Pump Water Heater Market, by Tank Capacity, 2020-2034 (Volume Thousand Units; USD Billion)
  • 6.5.11. Heat Pump Water Heater Market - South Korea
    • 6.5.11.1. South Korea: Heat Pump Water Heater Market, By Component, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.5.11.2. South Korea: Heat Pump Water Heater Market, By Type, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.5.11.3. South Korea: Heat Pump Water Heater Market, by Operation Type, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.5.11.4. South Korea: Heat Pump Water Heater Market, by Application, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.5.11.5. South Korea: Heat Pump Water Heater Market, by Tank Capacity, 2020-2034 (Volume Thousand Units; USD Billion)
  • 6.5.12. Heat Pump Water Heater Market - Australia
    • 6.5.12.1. Australia: Heat Pump Water Heater Market, By Component, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.5.12.2. Australia: Heat Pump Water Heater Market, By Type, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.5.12.3. Australia: Heat Pump Water Heater Market, by Operation Type, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.5.12.4. Australia: Heat Pump Water Heater Market, by Application, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.5.12.5. Australia: Heat Pump Water Heater Market, by Tank Capacity, 2020-2034 (Volume Thousand Units; USD Billion)
  • 6.5.13. Heat Pump Water Heater Market - Rest of Asia Pacific
    • 6.5.13.1. Rest of Asia Pacific: Heat Pump Water Heater Market, By Component, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.5.13.2. Rest of Asia Pacific: Heat Pump Water Heater Market, By Type, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.5.13.3. Rest of Asia Pacific: Heat Pump Water Heater Market, by Operation Type, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.5.13.4. Rest of Asia Pacific: Heat Pump Water Heater Market, by Application, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.5.13.5. Rest of Asia Pacific: Heat Pump Water Heater Market, by Tank Capacity, 2020-2034 (Volume Thousand Units; USD Billion)
• 6.6. Heat Pump Water Heater Market - Middle East & Africa
  • 6.6.1. Middle East & Africa: Heat Pump Water Heater Market, By Component, 2020-2034 (Volume Thousand Units; USD Billion)
  • 6.6.2. Middle East & Africa: Heat Pump Water Heater Market, By Type, 2020-2034 (Volume Thousand Units; USD Billion)
  • 6.6.3. Middle East & Africa: Heat Pump Water Heater Market, by Operation Type, 2020-2034 (Volume Thousand Units; USD Billion)
  • 6.6.4. Middle East & Africa: Heat Pump Water Heater Market, by Application, 2020-2034 (Volume Thousand Units; USD Billion)
  • 6.6.5. Middle East & Africa: Heat Pump Water Heater Market, by Tank Capacity, 2020-2034 (Volume Thousand Units; USD Billion)
  • 6.6.6. Heat Pump Water Heater Market - Saudi Arabia
    • 6.6.6.1. Saudi Arabia: Heat Pump Water Heater Market, By Component, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.6.6.2. Saudi Arabia: Heat Pump Water Heater Market, By Type, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.6.6.3. Saudi Arabia: Heat Pump Water Heater Market, by Operation Type, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.6.6.4. Saudi Arabia: Heat Pump Water Heater Market, by Application, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.6.6.5. Saudi Arabia: Heat Pump Water Heater Market, by Tank Capacity, 2020-2034 (Volume Thousand Units; USD Billion)
  • 6.6.7. Heat Pump Water Heater Market - UAE
    • 6.6.7.1. UAE: Heat Pump Water Heater Market, By Component, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.6.7.2. UAE: Heat Pump Water Heater Market, By Type, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.6.7.3. UAE: Heat Pump Water Heater Market, by Operation Type, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.6.7.4. UAE: Heat Pump Water Heater Market, by Application, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.6.7.5. UAE: Heat Pump Water Heater Market, by Tank Capacity, 2020-2034 (Volume Thousand Units; USD Billion)
  • 6.6.8. Heat Pump Water Heater Market - Israel
    • 6.6.8.1. Israel: Heat Pump Water Heater Market, By Component, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.6.8.2. Israel: Heat Pump Water Heater Market, By Type, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.6.8.3. Israel: Heat Pump Water Heater Market, by Operation Type, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.6.8.4. Israel: Heat Pump Water Heater Market, by Application, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.6.8.5. Israel: Heat Pump Water Heater Market, by Tank Capacity, 2020-2034 (Volume Thousand Units; USD Billion)
  • 6.6.9. Heat Pump Water Heater Market - South Africa
    • 6.6.9.1. South Africa: Heat Pump Water Heater Market, By Component, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.6.9.2. South Africa: Heat Pump Water Heater Market, By Type, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.6.9.3. South Africa: Heat Pump Water Heater Market, by Operation Type, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.6.9.4. South Africa: Heat Pump Water Heater Market, by Application, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.6.9.5. South Africa: Heat Pump Water Heater Market, by Tank Capacity, 2020-2034 (Volume Thousand Units; USD Billion)
  • 6.6.10. Heat Pump Water Heater Market - Rest of Middle East & Africa
    • 6.6.10.1. Rest of Middle East & Africa: Heat Pump Water Heater Market, By Component, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.6.10.2. Rest of Middle East & Africa: Heat Pump Water Heater Market, By Type, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.6.10.3. Rest of Middle East & Africa: Heat Pump Water Heater Market, by Operation Type, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.6.10.4. Rest of Middle East & Africa: Heat Pump Water Heater Market, by Application, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.6.10.5. Rest of Middle East & Africa: Heat Pump Water Heater Market, by Tank Capacity, 2020-2034 (Volume Thousand Units; USD Billion)
• 6.7. Heat Pump Water Heater Market - Latin America
  • 6.7.1. Latin America: Heat Pump Water Heater Market, By Component, 2020-2034 (Volume Thousand Units; USD Billion)
  • 6.7.2. Latin America: Heat Pump Water Heater Market, By Type, 2020-2034 (Volume Thousand Units; USD Billion)
  • 6.7.3. Latin America: Heat Pump Water Heater Market, by Operation Type, 2020-2034 (Volume Thousand Units; USD Billion)
  • 6.7.4. Latin America: Heat Pump Water Heater Market, by Application, 2020-2034 (Volume Thousand Units; USD Billion)
  • 6.7.5. Latin America: Heat Pump Water Heater Market, by Tank Capacity, 2020-2034 (Volume Thousand Units; USD Billion)
  • 6.7.6. Heat Pump Water Heater Market - Mexico
    • 6.7.6.1. Mexico: Heat Pump Water Heater Market, By Component, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.7.6.2. Mexico: Heat Pump Water Heater Market, By Type, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.7.6.3. Mexico: Heat Pump Water Heater Market, by Operation Type, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.7.6.4. Mexico: Heat Pump Water Heater Market, by Application, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.7.6.5. Mexico: Heat Pump Water Heater Market, by Tank Capacity, 2020-2034 (Volume Thousand Units; USD Billion)
  • 6.7.7. Heat Pump Water Heater Market - Brazil
    • 6.7.7.1. Brazil: Heat Pump Water Heater Market, By Component, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.7.7.2. Brazil: Heat Pump Water Heater Market, By Type, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.7.7.3. Brazil: Heat Pump Water Heater Market, by Operation Type, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.7.7.4. Brazil: Heat Pump Water Heater Market, by Application, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.7.7.5. Brazil: Heat Pump Water Heater Market, by Tank Capacity, 2020-2034 (Volume Thousand Units; USD Billion)
  • 6.7.8. Heat Pump Water Heater Market - Argentina
    • 6.7.8.1. Argentina: Heat Pump Water Heater Market, By Component, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.7.8.2. Argentina: Heat Pump Water Heater Market, By Type, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.7.8.3. Argentina: Heat Pump Water Heater Market, by Operation Type, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.7.8.4. Argentina: Heat Pump Water Heater Market, by Application, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.7.8.5. Argentina: Heat Pump Water Heater Market, by Tank Capacity, 2020-2034 (Volume Thousand Units; USD Billion)
  • 6.7.9. Heat Pump Water Heater Market - Rest of Latin America
    • 6.7.9.1. Rest of Latin America: Heat Pump Water Heater Market, By Component, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.7.9.2. Rest of Latin America: Heat Pump Water Heater Market, By Type, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.7.9.3. Rest of Latin America: Heat Pump Water Heater Market, by Operation Type, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.7.9.4. Rest of Latin America: Heat Pump Water Heater Market, by Application, 2020-2034 (Volume Thousand Units; USD Billion)
    • 6.7.9.5. Rest of Latin America: Heat Pump Water Heater Market, by Tank Capacity, 2020-2034 (Volume Thousand Units; USD Billion)

7. Competitive Landscape

• 7.1. Expansion and Acquisition Analysis
  • 7.1.1. Expansion
  • 7.1.2. Acquisitions
• 7.2. Partnerships/Collaborations/Agreements/Exhibitions

8. Company Profiles

• 8.1. Panasonic Holdings Corporation
  • 8.1.1. Company Overview
  • 8.1.2. Financial Performance
  • 8.1.3. Product Benchmarking
  • 8.1.4. Recent Development
• 8.2. LG Electronics.
  • 8.2.1. Company Overview
  • 8.2.2. Financial Performance
  • 8.2.3. Product Benchmarking
  • 8.2.4. Recent Development
• 8.3. Johnson Controls - Hitachi Air Conditioning Company
  • 8.3.1. Company Overview
  • 8.3.2. Financial Performance
  • 8.3.3. Product Benchmarking
  • 8.3.4. Recent Development
• 8.4. MITSUBISHI HEAVY INDUSTRIES, LTD.
  • 8.4.1. Company Overview
  • 8.4.2. Financial Performance
  • 8.4.3. Product Benchmarking
  • 8.4.4. Recent Development
• 8.5. Trane.
  • 8.5.1. Company Overview
  • 8.5.2. Financial Performance
  • 8.5.3. Product Benchmarking
  • 8.5.4. Recent Development
• 8.6. FUJITSU GENERAL
  • 8.6.1. Company Overview
  • 8.6.2. Financial Performance
  • 8.6.3. Product Benchmarking
  • 8.6.4. Recent Development
• 8.7. Haier HVAC Solutions
  • 8.7.1. Company Overview
  • 8.7.2. Financial Performance
  • 8.7.3. Product Benchmarking
  • 8.7.4. Recent Development
• 8.8. Carrier.
  • 8.8.1. Company Overview
  • 8.8.2. Financial Performance
  • 8.8.3. Product Benchmarking
  • 8.8.4. Recent Development
• 8.9. Rheem Manufacturing Company.
  • 8.9.1. Company Overview
  • 8.9.2. Financial Performance
  • 8.9.3. Product Benchmarking
  • 8.9.4. Recent Development
• 8.10. A. O. Smith India Water Products Pvt. Ltd.
  • 8.10.1. Company Overview
  • 8.10.2. Financial Performance
  • 8.10.3. Product Benchmarking
  • 8.10.4. Recent Development
• 8.11. Bosch Thermotechnology Corp.
  • 8.11.1. Company Overview
  • 8.11.2. Financial Performance
  • 8.11.3. Product Benchmarking
  • 8.11.4. Recent Development
• 8.12. Vaillant Group International GmbH
  • 8.12.1. Company Overview
  • 8.12.2. Financial Performance
  • 8.12.3. Product Benchmarking
  • 8.12.4. Recent Development
• 8.13. INSPUR Co., Ltd.
  • 8.13.1. Company Overview
  • 8.13.2. Financial Performance
  • 8.13.3. Product Benchmarking
  • 8.13.4. Recent Development
• 8.14. Midea America Corp.
  • 8.14.1. Company Overview
  • 8.14.2. Financial Performance
  • 8.14.3. Product Benchmarking
  • 8.14.4. Recent Development
• 8.15. DAIKIN INDUSTRIES, Ltd.,
  • 8.15.1. Company Overview
  • 8.15.2. Financial Performance
  • 8.15.3. Product Benchmarking
  • 8.15.4. Recent Development