The global pool heat pump market size reached US$ 4.67 Billion in 2022 and predicted to reach a value of US$ 6.08 Billion by 2028 exhibiting a CAGR of 4.43% during 2023-2028.
Industry Overview of Pool Heat Pump Market
Pool heat pumps are high-capacity heating systems designed to increase the temperature of swimming pool water. They can be classified into two main types: air source and water or geothermal source. Unlike traditional methods, these heat pump variants rely on electricity rather than generating heat themselves. They are highly efficient in heating pools by transferring heat from the surrounding environment into the pool water, ensuring a comfortable and enjoyable temperature all year round. Pool heat pump systems are suitable for in-ground, above-ground, and on-ground pools, as well as hot tubs, spas, and swim spas, making them versatile for recreational water heating. As a result, they are widely used in both commercial and residential settings worldwide.
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.
The growth of the pool heat pump market is driven by the increasing construction of swimming pools in commercial and residential spaces, which serve as attractive focal points. Furthermore, the market is propelled by the growing preference for pool heat pumps due to their cost-effectiveness and simplified installation processes. The usage of geothermal pool pumps is also on the rise, particularly in hotels, schools, resorts, sports clubs, and spas, as they provide cost savings compared to gas-fueled systems and a single unit can efficiently serve an entire network, effectively controlling water temperature. Additionally, leading manufacturers are continuously developing innovative products suitable for both outdoor and indoor installations, offering hybrid options that can switch between different modes as needed. These advancements are expected to contribute to the growth of the pool heat pump market in the foreseeable future.
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.
End User Insights:
The key regions covered in the market report are Asia Pacific, Europe, North America, Latin America, Middle East and Africa.
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