Global Domestic Hot Water (DHW) Heat Pumps Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031
Description
According to our (Global Info Research) latest study, the global Domestic Hot Water (DHW) Heat Pumps market size was valued at US$ 1582 million in 2024 and is forecast to a readjusted size of USD 2646 million by 2031 with a CAGR of 7.7% during review period.
The Domestic hot water heat pump uses outdoor air to heat your hot water supply. Unlike standard air-to-water heat pumps, this particular heat pump only provides domestic hot water for showers and sinks. This system is an ideal choice for homes with or without space heating (radiators/heat pump convectors).
The Domestic Hot Water (DHW) Heat Pumps market is driven by several factors that contribute to its growth and demand. Here are some of the key drivers for the market:
Energy Efficiency: DHW heat pumps are designed to efficiently extract heat from the air, ground, or water sources and transfer it to the domestic hot water supply. This energy-efficient technology reduces energy consumption and lowers hot water heating costs.
Environmental Concerns: With increasing awareness about environmental sustainability and carbon emissions, the demand for eco-friendly heating solutions like DHW heat pumps is on the rise.
Renewable Heating: DHW heat pumps utilize renewable energy sources, such as ambient air or geothermal heat, to heat water, making them a more sustainable option compared to traditional fossil fuel-based water heaters.
Government Incentives: Many governments offer incentives, rebates, or tax credits to promote the adoption of energy-efficient and renewable heating technologies, which drives the demand for DHW heat pumps.
Reduced Operating Costs: DHW heat pumps can significantly reduce the operating costs of heating water, making them an attractive option for homeowners and businesses seeking cost-effective hot water solutions.
Low Emissions: DHW heat pumps produce lower greenhouse gas emissions compared to conventional water heating systems, aligning with efforts to mitigate climate change.
Integration with Renewable Energy Systems: DHW heat pumps can be integrated with solar panels or other renewable energy sources to further enhance energy savings and sustainability.
Space Savings: DHW heat pumps require less space compared to traditional water heaters, making them suitable for installations with limited space.
Quiet Operation: Advances in technology have led to quieter operation of DHW heat pumps, making them suitable for residential installations.
Improved Efficiency: Ongoing technological advancements have led to higher efficiency levels for DHW heat pumps, increasing their appeal to consumers.
Smart Features: Many DHW heat pump models come with smart features that allow users to control and monitor their hot water systems remotely, enhancing convenience and control.
Residential Retrofitting: Homeowners upgrading or retrofitting their water heating systems often choose DHW heat pumps for their energy efficiency benefits.
Commercial Applications: DHW heat pumps are also used in commercial settings such as hotels, gyms, and laundromats, contributing to market growth.
Rising Energy Costs: As energy costs continue to rise, consumers seek energy-efficient alternatives for hot water heating, driving demand for DHW heat pumps.
Growing Construction Industry: The construction of new residential and commercial buildings creates opportunities for the integration of energy-efficient DHW systems.
Urbanization and Infrastructure Development: Urbanization and infrastructure projects drive demand for energy-efficient hot water solutions in urban areas.
Consumer Awareness: Increasing consumer awareness about the benefits of DHW heat pumps, including energy savings and environmental advantages, boosts demand.
Long-Term Investment: DHW heat pumps offer long-term energy and cost savings, making them a valuable investment for homeowners and businesses.
Regional Climate Variations: DHW heat pumps can be suitable for various climates, making them adaptable to different geographic regions.
This report is a detailed and comprehensive analysis for global Domestic Hot Water (DHW) Heat Pumps market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Domestic Hot Water (DHW) Heat Pumps market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Domestic Hot Water (DHW) Heat Pumps market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Domestic Hot Water (DHW) Heat Pumps market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Domestic Hot Water (DHW) Heat Pumps market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Domestic Hot Water (DHW) Heat Pumps
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Domestic Hot Water (DHW) Heat Pumps market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Panasonic, Daikin, LG, Bosch Thermotechnik, Ochsner, Stiebel Eltron GmbH & Co., NIBE, Dimplex, Fujitsu General, De Dietrich, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Domestic Hot Water (DHW) Heat Pumps market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Monobloc Type
Split Type
Market segment by Application
Residential
Commercial
Others
Major players covered
Panasonic
Daikin
LG
Bosch Thermotechnik
Ochsner
Stiebel Eltron GmbH & Co.
NIBE
Dimplex
Fujitsu General
De Dietrich
Kronoterm
Vaillant
Vindsor
Rinnai
Intaflo Hydronics
Viessmann Climate Solutions SE
Gree Electric
Midea
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Domestic Hot Water (DHW) Heat Pumps product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Domestic Hot Water (DHW) Heat Pumps, with price, sales quantity, revenue, and global market share of Domestic Hot Water (DHW) Heat Pumps from 2020 to 2025.
Chapter 3, the Domestic Hot Water (DHW) Heat Pumps competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Domestic Hot Water (DHW) Heat Pumps breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Domestic Hot Water (DHW) Heat Pumps market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Domestic Hot Water (DHW) Heat Pumps.
Chapter 14 and 15, to describe Domestic Hot Water (DHW) Heat Pumps sales channel, distributors, customers, research findings and conclusion.
The Domestic hot water heat pump uses outdoor air to heat your hot water supply. Unlike standard air-to-water heat pumps, this particular heat pump only provides domestic hot water for showers and sinks. This system is an ideal choice for homes with or without space heating (radiators/heat pump convectors).
The Domestic Hot Water (DHW) Heat Pumps market is driven by several factors that contribute to its growth and demand. Here are some of the key drivers for the market:
Energy Efficiency: DHW heat pumps are designed to efficiently extract heat from the air, ground, or water sources and transfer it to the domestic hot water supply. This energy-efficient technology reduces energy consumption and lowers hot water heating costs.
Environmental Concerns: With increasing awareness about environmental sustainability and carbon emissions, the demand for eco-friendly heating solutions like DHW heat pumps is on the rise.
Renewable Heating: DHW heat pumps utilize renewable energy sources, such as ambient air or geothermal heat, to heat water, making them a more sustainable option compared to traditional fossil fuel-based water heaters.
Government Incentives: Many governments offer incentives, rebates, or tax credits to promote the adoption of energy-efficient and renewable heating technologies, which drives the demand for DHW heat pumps.
Reduced Operating Costs: DHW heat pumps can significantly reduce the operating costs of heating water, making them an attractive option for homeowners and businesses seeking cost-effective hot water solutions.
Low Emissions: DHW heat pumps produce lower greenhouse gas emissions compared to conventional water heating systems, aligning with efforts to mitigate climate change.
Integration with Renewable Energy Systems: DHW heat pumps can be integrated with solar panels or other renewable energy sources to further enhance energy savings and sustainability.
Space Savings: DHW heat pumps require less space compared to traditional water heaters, making them suitable for installations with limited space.
Quiet Operation: Advances in technology have led to quieter operation of DHW heat pumps, making them suitable for residential installations.
Improved Efficiency: Ongoing technological advancements have led to higher efficiency levels for DHW heat pumps, increasing their appeal to consumers.
Smart Features: Many DHW heat pump models come with smart features that allow users to control and monitor their hot water systems remotely, enhancing convenience and control.
Residential Retrofitting: Homeowners upgrading or retrofitting their water heating systems often choose DHW heat pumps for their energy efficiency benefits.
Commercial Applications: DHW heat pumps are also used in commercial settings such as hotels, gyms, and laundromats, contributing to market growth.
Rising Energy Costs: As energy costs continue to rise, consumers seek energy-efficient alternatives for hot water heating, driving demand for DHW heat pumps.
Growing Construction Industry: The construction of new residential and commercial buildings creates opportunities for the integration of energy-efficient DHW systems.
Urbanization and Infrastructure Development: Urbanization and infrastructure projects drive demand for energy-efficient hot water solutions in urban areas.
Consumer Awareness: Increasing consumer awareness about the benefits of DHW heat pumps, including energy savings and environmental advantages, boosts demand.
Long-Term Investment: DHW heat pumps offer long-term energy and cost savings, making them a valuable investment for homeowners and businesses.
Regional Climate Variations: DHW heat pumps can be suitable for various climates, making them adaptable to different geographic regions.
This report is a detailed and comprehensive analysis for global Domestic Hot Water (DHW) Heat Pumps market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Domestic Hot Water (DHW) Heat Pumps market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Domestic Hot Water (DHW) Heat Pumps market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Domestic Hot Water (DHW) Heat Pumps market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Domestic Hot Water (DHW) Heat Pumps market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Domestic Hot Water (DHW) Heat Pumps
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Domestic Hot Water (DHW) Heat Pumps market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Panasonic, Daikin, LG, Bosch Thermotechnik, Ochsner, Stiebel Eltron GmbH & Co., NIBE, Dimplex, Fujitsu General, De Dietrich, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Domestic Hot Water (DHW) Heat Pumps market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Monobloc Type
Split Type
Market segment by Application
Residential
Commercial
Others
Major players covered
Panasonic
Daikin
LG
Bosch Thermotechnik
Ochsner
Stiebel Eltron GmbH & Co.
NIBE
Dimplex
Fujitsu General
De Dietrich
Kronoterm
Vaillant
Vindsor
Rinnai
Intaflo Hydronics
Viessmann Climate Solutions SE
Gree Electric
Midea
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Domestic Hot Water (DHW) Heat Pumps product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Domestic Hot Water (DHW) Heat Pumps, with price, sales quantity, revenue, and global market share of Domestic Hot Water (DHW) Heat Pumps from 2020 to 2025.
Chapter 3, the Domestic Hot Water (DHW) Heat Pumps competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Domestic Hot Water (DHW) Heat Pumps breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Domestic Hot Water (DHW) Heat Pumps market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Domestic Hot Water (DHW) Heat Pumps.
Chapter 14 and 15, to describe Domestic Hot Water (DHW) Heat Pumps sales channel, distributors, customers, research findings and conclusion.
Table of Contents
139 Pages
- 1 Market Overview
- 2 Manufacturers Profiles
- 3 Competitive Environment: Domestic Hot Water (DHW) Heat Pumps by Manufacturer
- 4 Consumption Analysis by Region
- 5 Market Segment by Type
- 6 Market Segment by Application
- 7 North America
- 8 Europe
- 9 Asia-Pacific
- 10 South America
- 11 Middle East & Africa
- 12 Market Dynamics
- 13 Raw Material and Industry Chain
- 14 Shipments by Distribution Channel
- 15 Research Findings and Conclusion
- 16 Appendix
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