Global Heat Pump Water Heaters Market 2019-2023, Trends and Forecast Report
- 9Dimen Research
- June 2019
- 142 pages
As a consequence of an increase in global warming and environmental awareness, Global Heat pump water heaters expected to reach $1.64 billion by 2020 at CGAR of 3.8% during forecast period.
Heat pump water heaters use electricity to move heat from one place to another instead of generating heat directly. Therefore, they can be two to three times more energy efficient than conventional electric resistance water heaters. To move the heat, heat pumps work like a refrigerator in reverse.
Heat pump water heaters require installation in locations that remain in the 4090F (4.432.2C) range year-round and provide at least 1,000 cubic feet (28.3 cubic meters) of air space around the water heater. Cool exhaust air can be exhausted to the room or outdoors. Because heat pump water heaters will not operate efficiently in cold spaces, they must be installed in spaces with excess heat, such as furnace rooms. They tend to cool the spaces they are in.
Exhaust air units extract heat from a continuously exhausted air stream and work better in heating-dominated climates because they do not cool ambient air. Some units can even be converted between the two modes of operation for optimum operation in either summer or winter.
Heat Pump Water Heaters Report by Material, and Geography Global Forecast to 2023 is a professional and comprehensive research report on the worlds major regional market conditions, focusing on the main regions (North America, Europe and Asia-Pacific) and the main countries (United States, Germany, United Kingdom, Japan, South Korea and China).
The report firstly introduced the Heat Pump Water Heaters basics: definitions, classifications, applications and market overview; product specifications; manufacturing processes; cost structures, raw materials and so on. Then it analyzed the worlds main region market conditions, including the product price, profit, capacity, production, supply, demand and market growth rate and forecast etc. In the end, the report introduced new project SWOT analysis, investment feasibility analysis, and investment return analysis.
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