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Commercial Heat Pump Water Heater Market By Type, By Storage, By Capacity, By Refrigerant: Global Opportunity Analysis and Industry Forecast, 2023-2032

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    Report

  • 389 Pages
  • November 2023
  • Region: Global
  • Allied Market Research
  • ID: 5927348
Description Jump to:
The global commercial heat pump water heater market was valued at $299.4 million in 2022, and is projected to reach $608.5 million by 2032, growing at a CAGR of 7.4% from 2023 to 2032.

The heat pump water heater extracts heat from the surrounding environment, such as the air or ground, using a refrigeration cycle. It can work efficiently even in cooler conditions as it is not reliant on direct sunlight or a traditional heating element. 

Air source heat pump water heater is expected to dominate commercial heat pump water heater market during forecast period owing to the need for energy-efficient and environmentally friendly water heating solutions in various industries. In addition, recent commercial heat pump water heater market trends such as the integration of smart technology, IoT and remote monitoring capabilities, allows systems for better control, maintenance, and optimization of heat pump water heater systems, which is essential for businesses looking to reduce downtime and save on operating costs.

Heat pump water heaters with a capacity exceeding 10 kW play a significant role in the commercial heat pump water heater market growth and serves larger-scale applications such as hotels, restaurants, industrial facilities, and other commercial enterprises. Heat pump water heater technology plays a pivotal role in reducing carbon emissions, and coupled with substantial government support in the form of subsidies, incentives, and financial benefits, further influences market growth. Additionally, the market benefits from increasing population, infrastructure development, rising disposable income, environmental concerns related to carbon emissions, and the volatility of energy prices.

However, it's essential to acknowledge that the market's growth is hindered by the high installation costs and the technical challenges associated with installing advanced units in existing infrastructure. The commercial heat pump water heater market size is expected to grow significantly in the coming years, driven by a number of factors, such as increase in energy costs, government incentives, and growth in awareness of environmental benefits.

Asia-Pacific is expected to be the largest as well as the fastest growing region during the commercial heat pump water heater market forecast period. This is owing to increase in use of renewable energy and energy-efficient products. The growth of the commercial heat pump water heater industry is primarily influenced by stringent government regulations, climate change concerns, technological advancements, rising consumer demand, and resource scarcity. These factors collectively drive innovation and adoption of energy-efficient models to address environmental challenges and promote sustainability. Further, there is lack of awareness regarding the commercial heat pump water heater opportunities that it provides energy conservation and reduce of CO2 emissions.

The commercial heat pump water heater market is segmented on the basis of type, storage, capacity, refrigerant type and region. On the basis of type, it is bifurcated into air source and geothermal. Depending on storage, it is divided into upto 500L, 500L-1000L, and above 1000L. As per capacity, it is bifurcated into less than 10kW and more than 10kW. According to refrigerant type, it is classified into R410A, R407C, and R744. Region wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA. The report outlines drivers, restraints, and opportunities to better understand market dynamics. This report further highlights key areas of investment. In addition, it includes analysis of Porter’s five forces to understand the application competitive scenario and role of each stakeholder.   

Ingersoll Rand, Mitsubishi Electric, Midea Group Co., Ltd., Viessmann Group, A.O. Smith Corporation, Bosch Industries, NIBE Energy Systems, Valliant Group, Rheem Manufacturing Company, Inc., and Daikin Industries, Ltd. are some of the major players discussed in the report. The report provides a detailed commercial heat pump water heater market analysis of these key players. These players have adopted different strategies such as new product launches, collaborations, expansion, joint ventures, agreements, and others to increase their commercial heat pump water heater market share and maintain dominant shares in different regions. Further, key strategies adopted by potential market leaders to facilitate effective planning have been discussed under commercial heat pump water heater market scope in this report. 

Key Benefits For Stakeholders

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the commercial heat pump water heater market analysis from 2022 to 2032 to identify the prevailing commercial heat pump water heater market opportunities.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the commercial heat pump water heater market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global commercial heat pump water heater market trends, key players, market segments, application areas, and market growth strategies.

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Key Market Segments

By Type

  • Air Source
  • Geothermal

By Storage

  • Up to 500 L
  • 500‒1,000 L
  • Above 1,000 L

By Capacity

  • Up to 10 kW
  • Above 10 kW

By Refrigerant

  • R407C
  • R744
  • R410A

By Region

  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • Italy
  • UK
  • Spain
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia-Pacific
  • LAMEA
  • Brazil
  • Saudi Arabia
  • South Africa
  • Rest of LAMEA
Key Market Players
  • Ingersoll Rand
  • Daikin Industries Ltd.
  • Midea Group Co., Ltd.
  • Viessmann Group
  • Mitsubishi Electric
  • Bosch Industries
  • Valliant Group
  • Rheem Manufacturing Company, Inc.
  • A.O. Smith Corporation
  • NIBE Energy Systems

 

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Table of Contents

CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research methodology
1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top impacting factors
3.2.2. Top investment pockets
3.3. Porter’s five forces analysis
3.3.1. Low bargaining power of suppliers
3.3.2. Low threat of new entrants
3.3.3. Low threat of substitutes
3.3.4. Low intensity of rivalry
3.3.5. Low bargaining power of buyers
3.4. Market dynamics
3.4.1. Drivers
3.4.1.1. Increase in affordability
3.4.1.2. Advancement in refrigerants
3.4.2. Restraints
3.4.2.1. High installation cost and space requirement
3.4.3. Opportunities
3.4.3.1. Need for energy-efficient heat pump water heater systems
3.5. Value Chain Analysis
3.6. Key Regulation Analysis
3.7. Patent Landscape
CHAPTER 4: COMMERCIAL HEAT PUMP WATER HEATER MARKET, BY TYPE
4.1. Overview
4.1.1. Market size and forecast
4.2. Air Source
4.2.1. Key market trends, growth factors and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market share analysis by country
4.3. Geothermal
4.3.1. Key market trends, growth factors and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market share analysis by country
CHAPTER 5: COMMERCIAL HEAT PUMP WATER HEATER MARKET, BY STORAGE
5.1. Overview
5.1.1. Market size and forecast
5.2. Up to 500 L
5.2.1. Key market trends, growth factors and opportunities
5.2.2. Market size and forecast, by region
5.2.3. Market share analysis by country
5.3. 500-1,000 L
5.3.1. Key market trends, growth factors and opportunities
5.3.2. Market size and forecast, by region
5.3.3. Market share analysis by country
5.4. Above 1,000 L
5.4.1. Key market trends, growth factors and opportunities
5.4.2. Market size and forecast, by region
5.4.3. Market share analysis by country
CHAPTER 6: COMMERCIAL HEAT PUMP WATER HEATER MARKET, BY CAPACITY
6.1. Overview
6.1.1. Market size and forecast
6.2. Up to 10 kW
6.2.1. Key market trends, growth factors and opportunities
6.2.2. Market size and forecast, by region
6.2.3. Market share analysis by country
6.3. Above 10 kW
6.3.1. Key market trends, growth factors and opportunities
6.3.2. Market size and forecast, by region
6.3.3. Market share analysis by country
CHAPTER 7: COMMERCIAL HEAT PUMP WATER HEATER MARKET, BY REFRIGERANT
7.1. Overview
7.1.1. Market size and forecast
7.2. R410A
7.2.1. Key market trends, growth factors and opportunities
7.2.2. Market size and forecast, by region
7.2.3. Market share analysis by country
7.3. R407C
7.3.1. Key market trends, growth factors and opportunities
7.3.2. Market size and forecast, by region
7.3.3. Market share analysis by country
7.4. R744
7.4.1. Key market trends, growth factors and opportunities
7.4.2. Market size and forecast, by region
7.4.3. Market share analysis by country
CHAPTER 8: COMMERCIAL HEAT PUMP WATER HEATER MARKET, BY REGION
8.1. Overview
8.1.1. Market size and forecast By Region
8.2. North America
8.2.1. Key market trends, growth factors and opportunities
8.2.2. Market size and forecast, by Type
8.2.3. Market size and forecast, by Storage
8.2.4. Market size and forecast, by Capacity
8.2.5. Market size and forecast, by Refrigerant
8.2.6. Market size and forecast, by country
8.2.6.1. U.S.
8.2.6.1.1. Market size and forecast, by Type
8.2.6.1.2. Market size and forecast, by Storage
8.2.6.1.3. Market size and forecast, by Capacity
8.2.6.1.4. Market size and forecast, by Refrigerant
8.2.6.2. Canada
8.2.6.2.1. Market size and forecast, by Type
8.2.6.2.2. Market size and forecast, by Storage
8.2.6.2.3. Market size and forecast, by Capacity
8.2.6.2.4. Market size and forecast, by Refrigerant
8.2.6.3. Mexico
8.2.6.3.1. Market size and forecast, by Type
8.2.6.3.2. Market size and forecast, by Storage
8.2.6.3.3. Market size and forecast, by Capacity
8.2.6.3.4. Market size and forecast, by Refrigerant
8.3. Europe
8.3.1. Key market trends, growth factors and opportunities
8.3.2. Market size and forecast, by Type
8.3.3. Market size and forecast, by Storage
8.3.4. Market size and forecast, by Capacity
8.3.5. Market size and forecast, by Refrigerant
8.3.6. Market size and forecast, by country
8.3.6.1. Germany
8.3.6.1.1. Market size and forecast, by Type
8.3.6.1.2. Market size and forecast, by Storage
8.3.6.1.3. Market size and forecast, by Capacity
8.3.6.1.4. Market size and forecast, by Refrigerant
8.3.6.2. France
8.3.6.2.1. Market size and forecast, by Type
8.3.6.2.2. Market size and forecast, by Storage
8.3.6.2.3. Market size and forecast, by Capacity
8.3.6.2.4. Market size and forecast, by Refrigerant
8.3.6.3. Italy
8.3.6.3.1. Market size and forecast, by Type
8.3.6.3.2. Market size and forecast, by Storage
8.3.6.3.3. Market size and forecast, by Capacity
8.3.6.3.4. Market size and forecast, by Refrigerant
8.3.6.4. UK
8.3.6.4.1. Market size and forecast, by Type
8.3.6.4.2. Market size and forecast, by Storage
8.3.6.4.3. Market size and forecast, by Capacity
8.3.6.4.4. Market size and forecast, by Refrigerant
8.3.6.5. Spain
8.3.6.5.1. Market size and forecast, by Type
8.3.6.5.2. Market size and forecast, by Storage
8.3.6.5.3. Market size and forecast, by Capacity
8.3.6.5.4. Market size and forecast, by Refrigerant
8.3.6.6. Rest of Europe
8.3.6.6.1. Market size and forecast, by Type
8.3.6.6.2. Market size and forecast, by Storage
8.3.6.6.3. Market size and forecast, by Capacity
8.3.6.6.4. Market size and forecast, by Refrigerant
8.4. Asia-Pacific
8.4.1. Key market trends, growth factors and opportunities
8.4.2. Market size and forecast, by Type
8.4.3. Market size and forecast, by Storage
8.4.4. Market size and forecast, by Capacity
8.4.5. Market size and forecast, by Refrigerant
8.4.6. Market size and forecast, by country
8.4.6.1. China
8.4.6.1.1. Market size and forecast, by Type
8.4.6.1.2. Market size and forecast, by Storage
8.4.6.1.3. Market size and forecast, by Capacity
8.4.6.1.4. Market size and forecast, by Refrigerant
8.4.6.2. Japan
8.4.6.2.1. Market size and forecast, by Type
8.4.6.2.2. Market size and forecast, by Storage
8.4.6.2.3. Market size and forecast, by Capacity
8.4.6.2.4. Market size and forecast, by Refrigerant
8.4.6.3. India
8.4.6.3.1. Market size and forecast, by Type
8.4.6.3.2. Market size and forecast, by Storage
8.4.6.3.3. Market size and forecast, by Capacity
8.4.6.3.4. Market size and forecast, by Refrigerant
8.4.6.4. South Korea
8.4.6.4.1. Market size and forecast, by Type
8.4.6.4.2. Market size and forecast, by Storage
8.4.6.4.3. Market size and forecast, by Capacity
8.4.6.4.4. Market size and forecast, by Refrigerant
8.4.6.5. Australia
8.4.6.5.1. Market size and forecast, by Type
8.4.6.5.2. Market size and forecast, by Storage
8.4.6.5.3. Market size and forecast, by Capacity
8.4.6.5.4. Market size and forecast, by Refrigerant
8.4.6.6. Rest of Asia-Pacific
8.4.6.6.1. Market size and forecast, by Type
8.4.6.6.2. Market size and forecast, by Storage
8.4.6.6.3. Market size and forecast, by Capacity
8.4.6.6.4. Market size and forecast, by Refrigerant
8.5. LAMEA
8.5.1. Key market trends, growth factors and opportunities
8.5.2. Market size and forecast, by Type
8.5.3. Market size and forecast, by Storage
8.5.4. Market size and forecast, by Capacity
8.5.5. Market size and forecast, by Refrigerant
8.5.6. Market size and forecast, by country
8.5.6.1. Brazil
8.5.6.1.1. Market size and forecast, by Type
8.5.6.1.2. Market size and forecast, by Storage
8.5.6.1.3. Market size and forecast, by Capacity
8.5.6.1.4. Market size and forecast, by Refrigerant
8.5.6.2. Saudi Arabia
8.5.6.2.1. Market size and forecast, by Type
8.5.6.2.2. Market size and forecast, by Storage
8.5.6.2.3. Market size and forecast, by Capacity
8.5.6.2.4. Market size and forecast, by Refrigerant
8.5.6.3. South Africa
8.5.6.3.1. Market size and forecast, by Type
8.5.6.3.2. Market size and forecast, by Storage
8.5.6.3.3. Market size and forecast, by Capacity
8.5.6.3.4. Market size and forecast, by Refrigerant
8.5.6.4. Rest of LAMEA
8.5.6.4.1. Market size and forecast, by Type
8.5.6.4.2. Market size and forecast, by Storage
8.5.6.4.3. Market size and forecast, by Capacity
8.5.6.4.4. Market size and forecast, by Refrigerant
CHAPTER 9: COMPETITIVE LANDSCAPE
9.1. Introduction
9.2. Top winning strategies
9.3. Product mapping of top 10 player
9.4. Competitive dashboard
9.5. Competitive heatmap
9.6. Top player positioning, 2022
CHAPTER 10: COMPANY PROFILES
10.1. Ingersoll Rand
10.1.1. Company overview
10.1.2. Key executives
10.1.3. Company snapshot
10.1.4. Operating business segments
10.1.5. Product portfolio
10.1.6. Business performance
10.2. Daikin Industries Ltd.
10.2.1. Company overview
10.2.2. Key executives
10.2.3. Company snapshot
10.2.4. Operating business segments
10.2.5. Product portfolio
10.2.6. Business performance
10.2.7. Key strategic moves and developments
10.3. Rheem Manufacturing Company, Inc.
10.3.1. Company overview
10.3.2. Key executives
10.3.3. Company snapshot
10.3.4. Operating business segments
10.3.5. Product portfolio
10.4. Midea Group Co., Ltd.
10.4.1. Company overview
10.4.2. Key executives
10.4.3. Company snapshot
10.4.4. Operating business segments
10.4.5. Product portfolio
10.4.6. Business performance
10.4.7. Key strategic moves and developments
10.5. Viessmann Group
10.5.1. Company overview
10.5.2. Key executives
10.5.3. Company snapshot
10.5.4. Operating business segments
10.5.5. Product portfolio
10.5.6. Key strategic moves and developments
10.6. Bosch Industries
10.6.1. Company overview
10.6.2. Key executives
10.6.3. Company snapshot
10.6.4. Operating business segments
10.6.5. Product portfolio
10.6.6. Business performance
10.7. NIBE Energy Systems
10.7.1. Company overview
10.7.2. Key executives
10.7.3. Company snapshot
10.7.4. Operating business segments
10.7.5. Product portfolio
10.7.6. Business performance
10.7.7. Key strategic moves and developments
10.8. A.O. Smith Corporation
10.8.1. Company overview
10.8.2. Key executives
10.8.3. Company snapshot
10.8.4. Operating business segments
10.8.5. Product portfolio
10.8.6. Business performance
10.9. Mitsubishi Electric
10.9.1. Company overview
10.9.2. Key executives
10.9.3. Company snapshot
10.9.4. Operating business segments
10.9.5. Product portfolio
10.9.6. Business performance
10.9.7. Key strategic moves and developments
10.10. Valliant Group
10.10.1. Company overview
10.10.2. Key executives
10.10.3. Company snapshot
10.10.4. Operating business segments
10.10.5. Product portfolio
10.10.6. Key strategic moves and developments
List of Tables
Table 01. Global Commercial Heat Pump Water Heater Market, by Type, 2022-2032 ($Million)
Table 02. Commercial Heat Pump Water Heater Market for Air Source, by Region, 2022-2032 ($Million)
Table 03. Commercial Heat Pump Water Heater Market for Geothermal, by Region, 2022-2032 ($Million)
Table 04. Global Commercial Heat Pump Water Heater Market, by Storage, 2022-2032 ($Million)
Table 05. Commercial Heat Pump Water Heater Market for Up to 500 L, by Region, 2022-2032 ($Million)
Table 06. Commercial Heat Pump Water Heater Market for 500-1,000 L, by Region, 2022-2032 ($Million)
Table 07. Commercial Heat Pump Water Heater Market for Above 1,000 L, by Region, 2022-2032 ($Million)
Table 08. Global Commercial Heat Pump Water Heater Market, by Capacity, 2022-2032 ($Million)
Table 09. Commercial Heat Pump Water Heater Market for Up to 10 kW, by Region, 2022-2032 ($Million)
Table 10. Commercial Heat Pump Water Heater Market for Above 10 kW, by Region, 2022-2032 ($Million)
Table 11. Global Commercial Heat Pump Water Heater Market, by Refrigerant, 2022-2032 ($Million)
Table 12. Commercial Heat Pump Water Heater Market for R410A, by Region, 2022-2032 ($Million)
Table 13. Commercial Heat Pump Water Heater Market for R407C, by Region, 2022-2032 ($Million)
Table 14. Commercial Heat Pump Water Heater Market for R744, by Region, 2022-2032 ($Million)
Table 15. Commercial Heat Pump Water Heater Market, by Region, 2022-2032 ($Million)
Table 16. North America Commercial Heat Pump Water Heater Market, by Type, 2022-2032 ($Million)
Table 17. North America Commercial Heat Pump Water Heater Market, by Storage, 2022-2032 ($Million)
Table 18. North America Commercial Heat Pump Water Heater Market, by Capacity, 2022-2032 ($Million)
Table 19. North America Commercial Heat Pump Water Heater Market, by Refrigerant, 2022-2032 ($Million)
Table 20. North America Commercial Heat Pump Water Heater Market, by Country, 2022-2032 ($Million)
Table 21. U.S. Commercial Heat Pump Water Heater Market, by Type, 2022-2032 ($Million)
Table 22. U.S. Commercial Heat Pump Water Heater Market, by Storage, 2022-2032 ($Million)
Table 23. U.S. Commercial Heat Pump Water Heater Market, by Capacity, 2022-2032 ($Million)
Table 24. U.S. Commercial Heat Pump Water Heater Market, by Refrigerant, 2022-2032 ($Million)
Table 25. Canada Commercial Heat Pump Water Heater Market, by Type, 2022-2032 ($Million)
Table 26. Canada Commercial Heat Pump Water Heater Market, by Storage, 2022-2032 ($Million)
Table 27. Canada Commercial Heat Pump Water Heater Market, by Capacity, 2022-2032 ($Million)
Table 28. Canada Commercial Heat Pump Water Heater Market, by Refrigerant, 2022-2032 ($Million)
Table 29. Mexico Commercial Heat Pump Water Heater Market, by Type, 2022-2032 ($Million)
Table 30. Mexico Commercial Heat Pump Water Heater Market, by Storage, 2022-2032 ($Million)
Table 31. Mexico Commercial Heat Pump Water Heater Market, by Capacity, 2022-2032 ($Million)
Table 32. Mexico Commercial Heat Pump Water Heater Market, by Refrigerant, 2022-2032 ($Million)
Table 33. Europe Commercial Heat Pump Water Heater Market, by Type, 2022-2032 ($Million)
Table 34. Europe Commercial Heat Pump Water Heater Market, by Storage, 2022-2032 ($Million)
Table 35. Europe Commercial Heat Pump Water Heater Market, by Capacity, 2022-2032 ($Million)
Table 36. Europe Commercial Heat Pump Water Heater Market, by Refrigerant, 2022-2032 ($Million)
Table 37. Europe Commercial Heat Pump Water Heater Market, by Country, 2022-2032 ($Million)
Table 38. Germany Commercial Heat Pump Water Heater Market, by Type, 2022-2032 ($Million)
Table 39. Germany Commercial Heat Pump Water Heater Market, by Storage, 2022-2032 ($Million)
Table 40. Germany Commercial Heat Pump Water Heater Market, by Capacity, 2022-2032 ($Million)
Table 41. Germany Commercial Heat Pump Water Heater Market, by Refrigerant, 2022-2032 ($Million)
Table 42. France Commercial Heat Pump Water Heater Market, by Type, 2022-2032 ($Million)
Table 43. France Commercial Heat Pump Water Heater Market, by Storage, 2022-2032 ($Million)
Table 44. France Commercial Heat Pump Water Heater Market, by Capacity, 2022-2032 ($Million)
Table 45. France Commercial Heat Pump Water Heater Market, by Refrigerant, 2022-2032 ($Million)
Table 46. Italy Commercial Heat Pump Water Heater Market, by Type, 2022-2032 ($Million)
Table 47. Italy Commercial Heat Pump Water Heater Market, by Storage, 2022-2032 ($Million)
Table 48. Italy Commercial Heat Pump Water Heater Market, by Capacity, 2022-2032 ($Million)
Table 49. Italy Commercial Heat Pump Water Heater Market, by Refrigerant, 2022-2032 ($Million)
Table 50. UK Commercial Heat Pump Water Heater Market, by Type, 2022-2032 ($Million)
Table 51. UK Commercial Heat Pump Water Heater Market, by Storage, 2022-2032 ($Million)
Table 52. UK Commercial Heat Pump Water Heater Market, by Capacity, 2022-2032 ($Million)
Table 53. UK Commercial Heat Pump Water Heater Market, by Refrigerant, 2022-2032 ($Million)
Table 54. Spain Commercial Heat Pump Water Heater Market, by Type, 2022-2032 ($Million)
Table 55. Spain Commercial Heat Pump Water Heater Market, by Storage, 2022-2032 ($Million)
Table 56. Spain Commercial Heat Pump Water Heater Market, by Capacity, 2022-2032 ($Million)
Table 57. Spain Commercial Heat Pump Water Heater Market, by Refrigerant, 2022-2032 ($Million)
Table 58. Rest of Europe Commercial Heat Pump Water Heater Market, by Type, 2022-2032 ($Million)
Table 59. Rest of Europe Commercial Heat Pump Water Heater Market, by Storage, 2022-2032 ($Million)
Table 60. Rest of Europe Commercial Heat Pump Water Heater Market, by Capacity, 2022-2032 ($Million)
Table 61. Rest of Europe Commercial Heat Pump Water Heater Market, by Refrigerant, 2022-2032 ($Million)
Table 62. Asia-Pacific Commercial Heat Pump Water Heater Market, by Type, 2022-2032 ($Million)
Table 63. Asia-Pacific Commercial Heat Pump Water Heater Market, by Storage, 2022-2032 ($Million)
Table 64. Asia-Pacific Commercial Heat Pump Water Heater Market, by Capacity, 2022-2032 ($Million)
Table 65. Asia-Pacific Commercial Heat Pump Water Heater Market, by Refrigerant, 2022-2032 ($Million)
Table 66. Asia-Pacific Commercial Heat Pump Water Heater Market, by Country, 2022-2032 ($Million)
Table 67. China Commercial Heat Pump Water Heater Market, by Type, 2022-2032 ($Million)
Table 68. China Commercial Heat Pump Water Heater Market, by Storage, 2022-2032 ($Million)
Table 69. China Commercial Heat Pump Water Heater Market, by Capacity, 2022-2032 ($Million)
Table 70. China Commercial Heat Pump Water Heater Market, by Refrigerant, 2022-2032 ($Million)
Table 71. Japan Commercial Heat Pump Water Heater Market, by Type, 2022-2032 ($Million)
Table 72. Japan Commercial Heat Pump Water Heater Market, by Storage, 2022-2032 ($Million)
Table 73. Japan Commercial Heat Pump Water Heater Market, by Capacity, 2022-2032 ($Million)
Table 74. Japan Commercial Heat Pump Water Heater Market, by Refrigerant, 2022-2032 ($Million)
Table 75. India Commercial Heat Pump Water Heater Market, by Type, 2022-2032 ($Million)
Table 76. India Commercial Heat Pump Water Heater Market, by Storage, 2022-2032 ($Million)
Table 77. India Commercial Heat Pump Water Heater Market, by Capacity, 2022-2032 ($Million)
Table 78. India Commercial Heat Pump Water Heater Market, by Refrigerant, 2022-2032 ($Million)
Table 79. South Korea Commercial Heat Pump Water Heater Market, by Type, 2022-2032 ($Million)
Table 80. South Korea Commercial Heat Pump Water Heater Market, by Storage, 2022-2032 ($Million)
Table 81. South Korea Commercial Heat Pump Water Heater Market, by Capacity, 2022-2032 ($Million)
Table 82. South Korea Commercial Heat Pump Water Heater Market, by Refrigerant, 2022-2032 ($Million)
Table 83. Australia Commercial Heat Pump Water Heater Market, by Type, 2022-2032 ($Million)
Table 84. Australia Commercial Heat Pump Water Heater Market, by Storage, 2022-2032 ($Million)
Table 85. Australia Commercial Heat Pump Water Heater Market, by Capacity, 2022-2032 ($Million)
Table 86. Australia Commercial Heat Pump Water Heater Market, by Refrigerant, 2022-2032 ($Million)
Table 87. Rest of Asia-Pacific Commercial Heat Pump Water Heater Market, by Type, 2022-2032 ($Million)
Table 88. Rest of Asia-Pacific Commercial Heat Pump Water Heater Market, by Storage, 2022-2032 ($Million)
Table 89. Rest of Asia-Pacific Commercial Heat Pump Water Heater Market, by Capacity, 2022-2032 ($Million)
Table 90. Rest of Asia-Pacific Commercial Heat Pump Water Heater Market, by Refrigerant, 2022-2032 ($Million)
Table 91. LAMEA Commercial Heat Pump Water Heater Market, by Type, 2022-2032 ($Million)
Table 92. LAMEA Commercial Heat Pump Water Heater Market, by Storage, 2022-2032 ($Million)
Table 93. LAMEA Commercial Heat Pump Water Heater Market, by Capacity, 2022-2032 ($Million)
Table 94. LAMEA Commercial Heat Pump Water Heater Market, by Refrigerant, 2022-2032 ($Million)
Table 95. LAMEA Commercial Heat Pump Water Heater Market, by Country, 2022-2032 ($Million)
Table 96. Brazil Commercial Heat Pump Water Heater Market, by Type, 2022-2032 ($Million)
Table 97. Brazil Commercial Heat Pump Water Heater Market, by Storage, 2022-2032 ($Million)
Table 98. Brazil Commercial Heat Pump Water Heater Market, by Capacity, 2022-2032 ($Million)
Table 99. Brazil Commercial Heat Pump Water Heater Market, by Refrigerant, 2022-2032 ($Million)
Table 100. Saudi Arabia Commercial Heat Pump Water Heater Market, by Type, 2022-2032 ($Million)
Table 101. Saudi Arabia Commercial Heat Pump Water Heater Market, by Storage, 2022-2032 ($Million)
Table 102. Saudi Arabia Commercial Heat Pump Water Heater Market, by Capacity, 2022-2032 ($Million)
Table 103. Saudi Arabia Commercial Heat Pump Water Heater Market, by Refrigerant, 2022-2032 ($Million)
Table 104. South Africa Commercial Heat Pump Water Heater Market, by Type, 2022-2032 ($Million)
Table 105. South Africa Commercial Heat Pump Water Heater Market, by Storage, 2022-2032 ($Million)
Table 106. South Africa Commercial Heat Pump Water Heater Market, by Capacity, 2022-2032 ($Million)
Table 107. South Africa Commercial Heat Pump Water Heater Market, by Refrigerant, 2022-2032 ($Million)
Table 108. Rest of LAMEA Commercial Heat Pump Water Heater Market, by Type, 2022-2032 ($Million)
Table 109. Rest of LAMEA Commercial Heat Pump Water Heater Market, by Storage, 2022-2032 ($Million)
Table 110. Rest of LAMEA Commercial Heat Pump Water Heater Market, by Capacity, 2022-2032 ($Million)
Table 111. Rest of LAMEA Commercial Heat Pump Water Heater Market, by Refrigerant, 2022-2032 ($Million)
Table 112. Ingersoll Rand: Key Executives
Table 113. Ingersoll Rand: Company Snapshot
Table 114. Ingersoll Rand: Service Segments
Table 115. Ingersoll Rand: Product Portfolio
Table 116. Daikin Industries Ltd.: Key Executives
Table 117. Daikin Industries Ltd.: Company Snapshot
Table 118. Daikin Industries Ltd.: Product Segments
Table 119. Daikin Industries Ltd.: Product Portfolio
Table 120. Daikin Industries Ltd.: Key Strategies
Table 121. Rheem Manufacturing Company, Inc.: Key Executives
Table 122. Rheem Manufacturing Company, Inc.: Company Snapshot
Table 123. Rheem Manufacturing Company, Inc.: Product Segments
Table 124. Rheem Manufacturing Company, Inc.: Product Portfolio
Table 125. Midea Group Co. Ltd.: Key Executives
Table 126. Midea Group Co. Ltd.: Company Snapshot
Table 127. Midea Group Co. Ltd.: Product Segments
Table 128. Midea Group Co. Ltd.: Product Portfolio
Table 129. Midea Group Co. Ltd.: Key Strategies
Table 130. Viessmann Group: Key Executives
Table 131. Viessmann Group: Company Snapshot
Table 132. Viessmann Group: Product Segments
Table 133. Viessmann Group: Product Portfolio
Table 134. Viessmann Group: Key Strategies
Table 135. Bosch Industries: Key Executives
Table 136. Bosch Industries: Company Snapshot
Table 137. Bosch Industries: Product Segments
Table 138. Bosch Industries: Product Portfolio
Table 139. Nibe Energy Systems: Key Executives
Table 140. Nibe Energy Systems: Company Snapshot
Table 141. Nibe Energy Systems: Product Segments
Table 142. Nibe Energy Systems: Product Portfolio
Table 143. Nibe Energy Systems: Key Strategies
Table 144. A.O. Smith Corporation: Key Executives
Table 145. A.O. Smith Corporation: Company Snapshot
Table 146. A.O. Smith Corporation: Product Segments
Table 147. A.O. Smith Corporation: Product Portfolio
Table 148. Mitsubishi Electric: Key Executives
Table 149. Mitsubishi Electric: Company Snapshot
Table 150. Mitsubishi Electric: Service Segments
Table 151. Mitsubishi Electric: Product Portfolio
Table 152. Mitsubishi Electric: Key Strategies
Table 153. Valliant Group: Key Executives
Table 154. Valliant Group: Company Snapshot
Table 155. Valliant Group: Product Segments
Table 156. Valliant Group: Product Portfolio
Table 157. Valliant Group: Key Strategies
List of Figures
Figure 01. Commercial Heat Pump Water Heater Market, 2022-2032
Figure 02. Segmentation of Commercial Heat Pump Water Heater Market,2022-2032
Figure 03. Top Impacting Factors in Commercial Heat Pump Water Heater Market (2022 to 2032)
Figure 04. Top Investment Pockets in Commercial Heat Pump Water Heater Market (2023-2032)
Figure 05. Low Bargaining Power of Suppliers
Figure 06. Low Threat of New Entrants
Figure 07. Low Threat of Substitutes
Figure 08. Low Intensity of Rivalry
Figure 09. Low Bargaining Power of Buyers
Figure 10. Global Commercial Heat Pump Water Heater Market:Drivers, Restraints and Opportunities
Figure 11. Impact of Key Regulation: Commercial Heat Pump Water Heater Market
Figure 12. Patent Analysis by Company
Figure 13. Patent Analysis by Country
Figure 14. Commercial Heat Pump Water Heater Market, by Type, 2022 and 2032(%)
Figure 15. Comparative Share Analysis of Commercial Heat Pump Water Heater Market for Air Source, by Country 2022 and 2032(%)
Figure 16. Comparative Share Analysis of Commercial Heat Pump Water Heater Market for Geothermal, by Country 2022 and 2032(%)
Figure 17. Commercial Heat Pump Water Heater Market, by Storage, 2022 and 2032(%)
Figure 18. Comparative Share Analysis of Commercial Heat Pump Water Heater Market for Up to 500 L, by Country 2022 and 2032(%)
Figure 19. Comparative Share Analysis of Commercial Heat Pump Water Heater Market for 500-1,000 L, by Country 2022 and 2032(%)
Figure 20. Comparative Share Analysis of Commercial Heat Pump Water Heater Market for Above 1,000 L, by Country 2022 and 2032(%)
Figure 21. Commercial Heat Pump Water Heater Market, by Capacity, 2022 and 2032(%)
Figure 22. Comparative Share Analysis of Commercial Heat Pump Water Heater Market for Up to 10 kW, by Country 2022 and 2032(%)
Figure 23. Comparative Share Analysis of Commercial Heat Pump Water Heater Market for Above 10 kW, by Country 2022 and 2032(%)
Figure 24. Commercial Heat Pump Water Heater Market, by Refrigerant, 2022 and 2032(%)
Figure 25. Comparative Share Analysis of Commercial Heat Pump Water Heater Market for R410A, by Country 2022 and 2032(%)
Figure 26. Comparative Share Analysis of Commercial Heat Pump Water Heater Market for R407C, by Country 2022 and 2032(%)
Figure 27. Comparative Share Analysis of Commercial Heat Pump Water Heater Market for R744, by Country 2022 and 2032(%)
Figure 28. Commercial Heat Pump Water Heater Market by Region, 2022 and 2032(%)
Figure 29. U.S. Commercial Heat Pump Water Heater Market, 2022-2032 ($Million)
Figure 30. Canada Commercial Heat Pump Water Heater Market, 2022-2032 ($Million)
Figure 31. Mexico Commercial Heat Pump Water Heater Market, 2022-2032 ($Million)
Figure 32. Germany Commercial Heat Pump Water Heater Market, 2022-2032 ($Million)
Figure 33. France Commercial Heat Pump Water Heater Market, 2022-2032 ($Million)
Figure 34. Italy Commercial Heat Pump Water Heater Market, 2022-2032 ($Million)
Figure 35. UK Commercial Heat Pump Water Heater Market, 2022-2032 ($Million)
Figure 36. Spain Commercial Heat Pump Water Heater Market, 2022-2032 ($Million)
Figure 37. Rest of Europe Commercial Heat Pump Water Heater Market, 2022-2032 ($Million)
Figure 38. China Commercial Heat Pump Water Heater Market, 2022-2032 ($Million)
Figure 39. Japan Commercial Heat Pump Water Heater Market, 2022-2032 ($Million)
Figure 40. India Commercial Heat Pump Water Heater Market, 2022-2032 ($Million)
Figure 41. South Korea Commercial Heat Pump Water Heater Market, 2022-2032 ($Million)
Figure 42. Australia Commercial Heat Pump Water Heater Market, 2022-2032 ($Million)
Figure 43. Rest of Asia-Pacific Commercial Heat Pump Water Heater Market, 2022-2032 ($Million)
Figure 44. Brazil Commercial Heat Pump Water Heater Market, 2022-2032 ($Million)
Figure 45. Saudi Arabia Commercial Heat Pump Water Heater Market, 2022-2032 ($Million)
Figure 46. South Africa Commercial Heat Pump Water Heater Market, 2022-2032 ($Million)
Figure 47. Rest of LAMEA Commercial Heat Pump Water Heater Market, 2022-2032 ($Million)
Figure 48. Top Winning Strategies, by Year (2021-2023)
Figure 49. Top Winning Strategies, by Development (2021-2023)
Figure 50. Top Winning Strategies, by Company (2021-2023)
Figure 51. Product Mapping of Top 10 Players
Figure 52. Competitive Dashboard
Figure 53. Competitive Heatmap: Commercial Heat Pump Water Heater Market
Figure 54. Top Player Positioning, 2022
Figure 55. Ingersoll Rand: Net Revenue, 2020-2022 ($Million)
Figure 56. Ingersoll Rand: Revenue Share by Segment, 2022 (%)
Figure 57. Ingersoll Rand: Revenue Share by Region, 2022 (%)
Figure 58. Daikin Industries Ltd.: Net Sales, 2021-2023 ($Million)
Figure 59. Daikin Industries Ltd.: Revenue Share by Segment, 2023 (%)
Figure 60. Daikin Industries Ltd.: Revenue Share by Region, 2023 (%)
Figure 61. Midea Group Co. Ltd.: Net Revenue, 2020-2022 ($Million)
Figure 62. Midea Group Co. Ltd.: Revenue Share by Segment, 2022 (%)
Figure 63. Midea Group Co. Ltd.: Revenue Share by Region, 2022 (%)
Figure 64. Bosch Industries: Net Sales, 2020-2022 ($Million)
Figure 65. Bosch Industries: Revenue Share by Region, 2022 (%)
Figure 66. Nibe Energy Systems: Net Sales, 2020-2022 ($Million)
Figure 67. Nibe Energy Systems: Revenue Share by Segment, 2022 (%)
Figure 68. Nibe Energy Systems: Revenue Share by Region, 2022 (%)
Figure 69. A.O. Smith Corporation: Net Sales, 2020-2022 ($Million)
Figure 70. A.O. Smith Corporation: Research & Development Expenditure, 2020-2022 ($Million)
Figure 71. A.O. Smith Corporation: Revenue Share by Segment, 2021 (%)
Figure 72. A.O. Smith Corporation: Revenue Share by Region, 2022 (%)
Figure 73. Mitsubishi Electric: Net Revenue, 2020-2022 ($Million)
Figure 74. Mitsubishi Electric: Research & Development Expenditure, 2020-2022 ($Million)
Figure 75. Mitsubishi Electric: Revenue Share by Segment, 2022 (%)

Companies Mentioned

  • Ingersoll Rand
  • Daikin Industries Ltd.
  • Midea Group Co., Ltd.
  • Viessmann Group
  • Mitsubishi Electric
  • Bosch Industries
  • Valliant Group
  • Rheem Manufacturing Company, Inc.
  • A.O. Smith Corporation
  • NIBE Energy Systems

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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Table Information

Report AttributeDetails
No. of Pages389
PublishedNovember 2023
Forecast Period2022 - 2032
Estimated Market Value ( USD ) in 2022 $ 299.4 million
Forecasted Market Value ( USD ) by 2032 $ 608.5 million
Compound Annual Growth Rate7.3%
Regions CoveredGlobal
No. of Companies Mentioned10

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