Press release
Growing demand for Geothermal Heat Pump Water Heater Market To Grow At 11.20% CAGR To 2021
About Heat Pump Water Heater
Heat pump water heaters generally use electricity to move heat from one place to another instead of generating heat directly, which helps in reducing energy consumption by three times compared with conventional electric resistance water heaters. To move the heat from one place to other, the heat pump water heaters work like a refrigerator but in reverse, as the heat pump water heaters pull the heat from the surrounding air and keep it at a higher temperature in a tank to heat water.
Technavios analysts forecast the global heat pump water heater market to grow at a CAGR of 11.20% during the period 2017-2021.
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Covered in this report
The report covers the present scenario and the growth prospects of the global heat pump water heater market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Heat Pump Water Heater Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
A.O. Smith
Daikin Industries
Danfoss
NIBE
View Report @ https://www.marketresearchreports.biz/reports/1180541/global-heat-pump-water-heater-market-research-reports
Other prominent vendors
alpha innotec
GE Appliances
Gree
Hangzhou Jinjiang Solar
Hayward Industries
Johnson Controls - Hitachi Air Conditioning
Zodiac Pool Solutions (Jandy)
Midea
MTechnologysubishi Electric
New Energy
Panasonic
Pentair
STIEBEL ELTRON
Technologyomic
Thermia
Tongyi
Toshiba
Viessmann
Zhongrui
Market driver
Growing demand for geothermal heat pumps
For a full, detailed list, view our report
Market challenge
Challenging market conditions
For a full, detailed list, view our report
Market trend
Tax credits in the US for retrofitting
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.
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