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2025-10-14 09:23:25 -

Heat Pump Water Heater Market 2030: Meeting Commercial and Industrial Needs

Heat Pump Water Heater Market Overview The global heat pump water heater (HPWH) market was valued at USD 12.87 billion in 2024 and is projected to reach USD 25.16 billion by 2030, expanding at a CAGR of 12.1% from 2025 to 2030. This strong growth trajectory is primarily driven by rising demand for energy-efficient and eco-friendly alternatives to traditional water heating systems....

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