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Europe Heat Pump Water Heater Market Size
- Report ID: GMI6302
- Published Date: Jul 2024
- Report Format: PDF
Europe Heat Pump Water Heater Market Size
Europe Heat Pump Water Heater Market was valued at USD 1.2 billion in 2023 and is set to grow at a CAGR of over 17% from 2024 to 2032. The increasing demand for advanced water heating systems designed for efficient operations round the year will boost the industry growth.
Additionally, soaring investments in constructing new residential and commercial buildings, alongside a rising energy appetite in water heating will further add to the industry landscape. As per the data updated by the Italian National Institute of Statistics in 2024, the total number of new residential dwellings totaled over 14.7 thousand units in first quarter of 2024, growing from 14.4 thousand units in the corresponding period last year.
| Report Attribute | Details |
|---|---|
| Base Year: | 2023 |
| Europe Heat Pump Water Heater Market Size in 2023: | USD 1.2 Billion |
| Forecast Period: | 2024 - 2032 |
| Forecast Period 2024 - 2032 CAGR: | 17% |
| 2032 Value Projection: | USD 4.9 Billion |
| Historical Data for: | 2021 - 2023 |
| No. of Pages: | 90 |
| Tables, Charts & Figures: | 14 |
| Segments covered: | Capacity, Application, Operation, Type, Refrigerant, and Country |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Frequently Asked Questions (FAQ) :
Europe Heat Pump Water Heater Market Scope
