1. Market Research
  2. > Construction
  3. > Building Products
  4. > HVAC Market Trends
Pool Heat Pump Market - Global Outlook and Forecast 2020-2025

Pool Heat Pump Market - Global Outlook and Forecast 2020-2025

  • November 2020
  • 335 pages
  • ID: 5982526
  • Format: PDF
  • Arizton
Up to $1000 off Until Apr 20th 2021

Summary

Table of Contents

Search Inside

In-depth Analysis and Data-driven Insights on the Impact of COVID-19 Included in this Global Pool Heat Pump Market Report

The pool heat pump market by revenue is expected to grow at a CAGR of over 5% during the period 2019–2025.

The industry is expected to offer opportunities as the shipment is likely to surpass two million units by 2025. The US, China, Australia, France, and Italy have been the major revenue contributors though the penetration level has remained low historically. With potential threats from solar and gas boiler heating, the competitive pool heating market is expected to be more strategic oriented with opportunities to increase global footprint. It is estimated that over 85% of the revenue is expected to come from North America and Europe during the forecast period owing to the high acceptance level and vendor concentration. Swimming pools have become a major investment site for residential and commercial spaces. While they enhance the popularity and value of outdoor spaces, they also serve as the differentiator for leading resorts, hotels, and water parks.

The following factors are likely to contribute to the growth of the pool heat pump market during the forecast period:
• Preference for Smart Pool Heat Pumps
• Boom in the Spa Industry
• Favorable Government Policies and Incentives
• Growth in Swimming Pool Construction

The study considers the present scenario of the pool heat pump market and its market dynamics for the period 2019?2025. It covers a detailed overview of several market growth enablers, restraints, and trends. The report offers both the demand and supply aspect of the market. It profiles and examines leading companies and other prominent ones operating in the market.

Global Pool Heat Pump Market Segmentation
The global pool heat pump market research report includes a detailed segmentation by type, capacity, end-user, geography. The air source segment is estimated to grow at a CAGR of over 5% during 2019–2025. The growth is expected to be vital from India, Malaysia, Thailand, and Singapore, with China leading the market. With the highest number of outdoor pools, North American contributed the highest share in the segment in terms of unit shipment. Factors such as affordability, low maintenance, and less complexity in the installation are driving the segment.

The >20kW segment is expected to pose an absolute growth of 40% during the forecast period. Increased focus on booming commercial construction activities such as hotels, spas, and resorts can upscale market value in China, the US, and GCC countries. Pool heat pumps could be given preference in extreme weather conditions such as European markets where load requirements for pools are generally higher than others.

The residential segment is expected to pose an absolute growth of 39% by the end of 2025. As government bodies and associations are increasing the adoption of these pumps via rebates, financial incentives, the growth is expected to be certain during the next five years. The growth in sustainable housing construction projects is acting as an effective driver for pool heat pumps. North America is expected to generate an incremental growth of $590 million during the forecast period.

By Type
• Air Source
• Water/Geothermal Source
By Capacity
• <10kW
• 10kW¬–20kW
• >20kW
By End-user
• Residential
• Commercial
o Hotels and Resorts
o Spas
o Educational Institutes
o Water Parks
o Sports Clubs
o others

INSIGHTS BY GEOGRAPHY
In terms of revenue, North America accounted for over 47% market share in the pool heat pump market in 2019. The market is expected to witness traction and high demand post-2020, as economic and pool construction activities are expected to revive. While air-source heat pumps have the largest penetration and acceptance level in the US, vendors’ efforts could make consumers’ invest in ground-breaking geothermal heat pumps in the coming years. Similarly, the residential heat pumps with a capacity of <10kW can be targeted in Canadian households where the efforts are maximized for renovation activities and indoor pool maintenance. The replacement demand in the country, where the conventional heating appliances are to be replaced with energy efficient heat pumps, can be a valuable contribution market during the forecast period.

By Geography
• North America
o US
o Canada
• Europe
o UK
o Germany
o France
o Italy
o Spain
• APAC
o China
o Japan
o South Korea
o Australia
• Latin America
o Brazil
o Mexico
• Middle East & Africa
o Saudi Arabia
o UAE
o South Africa

INSIGHTS BY VENDORS
The global pool heat pump market is fragmented as it is characterized by a significant number of global and domestic vendors across geographies. Global players such as Rheem Manufacturing, Hayward, AquaCal, Pentair, Jandy are trying to expand their markets through profitable partnerships and merger strategies. In contrast, the domestic vendors capitalize on the product portfolio that best suits the domestic needs and wants. However, being a technology-oriented product, the scope of differentiation lies with sophistication and deployment of advanced features such as energy efficiency, eco-friendly refrigerant, installation costs, analysis of geographical climate and services, and much more through which the product can stay away from the competitive environment.

Prominent Vendors
• Rheem Manufacturing Company
• AquaCal
• Pentair
• Hayward Industries Inc.
• Fluidra S.A.

Other Prominent Vendors
• Aqualux International
• CIAT
• Daishiba
• Nirvana Chauffe-piscine Inc
• Viessmann Group
• ZANTIA
• PHNIX Eco-energy Solution Ltd.
• Ascler
• Venus Home Appliances
• Dantherm Ltd.
• Evo Industries Australia
• Guangzhou Sprsun New Energy Technology Development Co.
• Madimack
• AquaPro Systems
• GulfStream Manufacturing
• Thermeau Industries Inc.

KEY QUESTIONS ANSWERED
1. What is the pool heat pump market size and growth rate during the forecast period?
2. What are the factors impacting the growth of the pool heat pump market shares?
3. What is the growth of Asia Pacific pool heat pump market during the forecast period?
4. Who are the leading vendors in the market?

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
20% Off

$3500

  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

ReportLinker may already be registered as a supplier with your company. If you want to Order by PO, check with us first and we'll let you know if we are a registered supplier and what the vendor number is. Otherwise, we'll provide you with the necessary information to register ReportLinker as a vendor.

Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers

Heat Pumps Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

  • $ 4250
  • February 2021
  • 138 pages

The heat pump market is expected to register a CAGR of 27% during the forecast period (2021 - 2026). - The increasing need to curb the dependence on fossil fuels and to look for an energy-efficient alternative ...

  • World
  • Europe
  • Heat Pump
  • Industry analysis
  • Greenhouse Gas Emissions
  • Energy Consumption

ref:plp2020

Reportlinker.com © Copyright 2021. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on