Global Heat Pump Water Heater Market Size study, by Type, Rated Capacity, Storage Tank Capacity and Regional Forecasts 2020-2027


Heat pump water heaters move heat from one place to another via electricity instead of generating heat directly. This enables two to three times more energy efficiency than conventional electric resistance water heaters. The heat pumps work like a refrigerator in reverse, pulls heat from the surrounding air and dumps it at a higher temperature into a tank to heat water. The reduction in CO2 emissions and governmental incentives and regulations to enhance energy efficiency are the few factors responsible for growth of the market over the forecast period.

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Created by aadolfst01 7 weeks 1 day ago – Made popular 7 weeks 1 day ago
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