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Heat Pump Water Heater Market 2023 Driving Factors Forecast Research 2029
Heat Pump Water Heater Market
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Heat pump water heaters use electricity for the movement of heat from one place to another, instead of generating heat directly. This function of heat pump water heaters makes them two to three times more efficient than conventional electric resistance water heaters. Heat pump water heaters work like refrigerators, but in reverse, wherein refrigerators extract heat and dump it into the surrounding. Heat pump water heaters extract heat from the surrounding air and dump it at a higher temperature into a tank to heat water. Heat pump water heaters heat a large volume of water and are highly cost-effective, as they consume lesser electricity for heating the same volume of water as compared to the regular water heater.
full report of Heat Pump Water Heater
Market available @ https://www.omrglobal.com/industry-reports/heat-pump-water-heater-market
• Market Coverage
• Market number available for - 2022-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered- By Source, By Product Type, By Applications
• Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
• Inc., and others
Global Heat Pump Water Heater Market by Segment
By Type
• Air Source
• Geothermal
By Storage
• Up to 500 L
• 500-1000 L
• Above 1000 L
By Capacity
• 10 kW
• 10-20 kW
• 20-30 kW
• Above 30 kW
By End-User
• Residential
• Commercial
• Industrial
Global Heat Pump Water Heater Market by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
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About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
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