The “Pool Heat Pump Market – Global Outlook and Forecast 2020-2025” report has been added to ResearchAndMarkets.com’s offering.
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.
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.
- Rheem Manufacturing Company
- Hayward Industries Inc.
- Fluidra S.A.
Other Prominent Vendors
- Aqualux International
- Nirvana Chauffe-piscine Inc
- Viessmann Group
- PHNIX Eco-energy Solution Ltd.
- Venus Home Appliances
- Dantherm Ltd.
- Evo Industries Australia
- Guangzhou Sprsun New Energy Technology Development Co.
- AquaPro Systems
- GulfStream Manufacturing
- Thermeau Industries Inc.
For more information about this report visit https://www.researchandmarkets.com/r/a904cz
Laura Wood, Senior Press Manager
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