Europe Heat Pump Water Heater Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2024-2032

Description

The Europe Heat Pump Water Heater Market size will exhibit over 17% CAGR between 2024 and 2032, led by surging government support via financial incentives, subsidies, and rebates as part of their efforts to reduce carbon emissions. Innovations in heat pump technology, including enhanced efficiency, superior performance in colder climates, and smart home system integration, are propelling market growth. These advancements broaden the appeal of heat pump water heaters to a diverse array of consumers and businesses in the region. For example, in April 2023, Norway-based Tequs introduced a new water-to-water CO2 heat pump deployed with plug-and-play technology for use in residential and commercial applications.

The Europe heat pump water heater industry is segmented into capacity, application, operation, type, refrigerant, and country.

By capacity, the industry value from the > 200 gallons segment will exhibit lucrative growth up to 2032. With a strong focus on reducing carbon footprints and adopting sustainable technologies, heat pump water heaters are emerging as an eco-friendly alternative to traditional water heating methods. Heat pump water heaters with capacities greater than 200 gallons are well-suited for large commercial and industrial facilities like hotels, hospitals, and manufacturing plants for providing reliable hot water supply while keeping operational costs low.

Product Code: 6302

Chapter 1 Methodology and Scope

1.1 Market definitions
1.2 Base estimates and calculations
1.3 Forecast calculation
1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Secondary
  - 1.4.2.1 Paid
  - 1.4.2.2 Public

Chapter 2 Industry Insights

2.1 Industry ecosystem analysis
2.2 Regulatory landscape
2.3 Industry impact forces
- 2.3.1 Growth drivers
- 2.3.2 Industry pitfalls and challenges
2.4 Growth potential analysis
2.5 Porter's analysis
- 2.5.1 Bargaining power of suppliers
- 2.5.2 Bargaining power of buyers
- 2.5.3 Threat of new entrants
- 2.5.4 Threat of substitutes
2.6 PESTEL analysis

Chapter 3 Competitive Landscape, 2024

3.1 Strategic outlook
3.2 Innovation and sustainability landscape

Chapter 4 Market Size and Forecast, By Capacity, 2021 - 2032, ('000 Units and USD Million)

4.1 Key trends
4.2 <= 25 gallons
4.3 > 25 - <= 50 gallons
4.4 > 50 - <= 100 gallons
4.5 > 100 - <= 200 gallons
4.6 > 200 gallons

Chapter 5 Market Size and Forecast, By Application, 2021 - 2032, ('000 Units and USD Million)

5.1 Key trends
5.2 Residential
- 5.2.1 Single family
- 5.2.2 Multi family
5.3 Commercial
- 5.3.1 Hotels
- 5.3.2 Restaurants
- 5.3.3 Cafes
- 5.3.4 Hospitality sector
- 5.3.5 Healthcare facilities
- 5.3.6 Academic institution
- 5.3.7 Laundry services
- 5.3.8 Corporate spaces
- 5.3.9 Retail
- 5.3.10 Others
5.4 Industrial

Chapter 6 Market Size and Forecast, By Operation, 2021 - 2032, ('000 Units and USD Million)

6.1 Key trends
6.2 Inverter
6.3 Non-Inverter

Chapter 7 Market Size and Forecast, By Type, 2021 - 2032, ('000 Units and USD Million)

7.1 Key trends
7.2 Split
7.3 Integrated

Chapter 8 Market Size and Forecast, By Refrigerant, 2021 - 2032, ('000 Units and USD Million)

8.1 Key trends
8.2 R410A
8.3 R134A
8.4 R744
8.5 R290
8.6 R32
8.7 Others

Chapter 9 Market Size and Forecast, By Country, 2021 - 2032, ('000 Units and USD Million)

9.1 Key trends
9.2 Austria
9.3 Norway
9.4 Denmark
9.5 Finland
9.6 France
9.7 Germany
9.8 Italy
9.9 Switzerland
9.10 Spain
9.11 Sweden
9.12 UK
9.13 Netherlands

Chapter 10 Company Profiles

10.1 Advantix S.p.A.
10.2 Ariston Holding N.V.
10.3 DAIKIN INDUSTRIES, Ltd.
10.4 FERROLI S.p.A
10.5 Glen Dimplex
10.6 JOHNSON CONTROLS - HITACHI AIR CONDITIONING COMPANY
10.7 LG Electronics
10.8 Lochinvar
10.9 Mitsui Air Conditioner di Amg spa
10.10 OCHSNER
10.11 Panasonic Corporation
10.12 Rinnai Corporation
10.13 SAMSUNG
10.14 STIEBEL ELTRON GmbH and Co. KG
10.15 Thermex Corporation
10.16 Vaillant Group International GmbH