Industry Overview of Pool Heat Pump Market
Pool heat pumps are high-capacity heating systems designed to raise the water temperature in swimming pools. They come in two main types: air source and water or geothermal source. Unlike traditional methods, pool heat pumps use electricity and do not generate heat directly. Instead, they transfer heat from the surrounding air or water to warm the pool water, ensuring a consistently pleasant temperature year-round. These systems are highly effective and provide comfortable water temperatures for in-ground, above-ground, and on-ground pools, as well as hot tubs, spas, and swim spas. As a result, pool heat pumps are widely utilized in commercial and residential settings worldwide for convenient and efficient pool heating.
How Big Is the Pool Heat Pump Market?
The global pool heat pump market size reached US$ 4.67 Billion in 2022. Looking forward, IMARC Group expects the market to reach a value of US$ 6.08 Billion by 2028 exhibiting a CAGR of 4.43% during 2023-2028.
Pool Heat Pump Market Trends and Drivers:
The pool heat pump market is being driven by the increasing construction of swimming pools as focal points of attraction in both commercial and residential spaces. Moreover, the market is experiencing growth due to the preference for pool heat pumps, which offer cost-effectiveness and simpler installation processes compared to other options. Geothermal pool heat pumps, in particular, are gaining popularity in hotels, schools, resorts, sports clubs, and spas, as they provide efficient water temperature control at a lower cost compared to gas-fueled systems, and a single unit can serve the entire network. Additionally, leading manufacturers are introducing innovative products suitable for both outdoor and indoor installations, including hybrid versions, which further contribute to the growth of the pool heat pump market in the foreseeable future.
Global Pool Heat Pump Market 2023-2028 Analysis and Segmentation:
Top Key Players covered in this report are: AquaPro Systems, Dantherm AS, G&F Manufacturing Co. Inc., Hayward Industries Inc., Pahlen AB, Pentair Plc, Rheem Manufacturing Company, Team Horner Group, Thermeau Industries inc., etc.
The report segmented the market based on region, type, capacity, and end user.
- Air Source
- Water/Geothermal Source
- Less than 10kW
- Greater than 20kW
End User Insights:
- Hotels and Resorts
- Educational Institutions
- Water Parks
- Sports Club
- North America
- United States
- Asia Pacific
- South Korea
- United Kingdom
- Latin America
- Middle East and Africa
The key regions covered in the market report are Asia Pacific, Europe, North America, Latin America, Middle East and Africa.
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2023- 2028)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
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