Report Detail

Machinery & Equipment Global Split System Hot Water Heat Pump Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

  • RnM4640952
  • |
  • 24 October, 2025
  • |
  • Global
  • |
  • 86 Pages
  • |
  • GIR
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  • Machinery & Equipment

According to our (Global Info Research) latest study, the global Split System Hot Water Heat Pump market size was valued at US$ million in 2024 and is forecast to a readjusted size of USD million by 2031 with a CAGR of %during review period.
In this report, we will assess the current U.S. tariff framework alongside international policy adaptations, analyzing their effects on competitive market structures, regional economic dynamics, and supply chain resilience.
Split System Hot Water Heat Pumps use a refrigeration cycle to extract heat from the surrounding air. They then use a heat exchanger to heat water in an insulated storage cylinder. These systems typically use around 60 to 75% less electricity than a conventional electric hot water system. This is because the electricity is used to operate the heat pump and doesn’t heat the water directly with an element.In split systems, the evaporator, fan and compressor are located in a separate unit and connected to the storage cylinder by refrigerant piping – the heated refrigerant gas passes through a heat exchanger located inside the cylinder to heat the water. They’re quite similar to a split system air conditioner.
This report is a detailed and comprehensive analysis for global Split System Hot Water Heat Pump market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Split System Hot Water Heat Pump market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Split System Hot Water Heat Pump market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Split System Hot Water Heat Pump market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Split System Hot Water Heat Pump market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Split System Hot Water Heat Pump
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Split System Hot Water Heat Pump market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include A.O.Smith Corporation, Panasonic, Mitsubishi Electric, Emerald Energy, GREE, Midea, Daikin, Haier, Hitachi, STIEBEL ELTRON GmbH & Co. KG, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Split System Hot Water Heat Pump market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Indoor only Type
Indoor and Outdoor General Use Type
Market segment by Application
Residential
Commercial
Industrial
Major players covered
A.O.Smith Corporation
Panasonic
Mitsubishi Electric
Emerald Energy
GREE
Midea
Daikin
Haier
Hitachi
STIEBEL ELTRON GmbH & Co. KG
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Split System Hot Water Heat Pump product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Split System Hot Water Heat Pump, with price, sales quantity, revenue, and global market share of Split System Hot Water Heat Pump from 2020 to 2025.
Chapter 3, the Split System Hot Water Heat Pump competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Split System Hot Water Heat Pump breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Split System Hot Water Heat Pump market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Split System Hot Water Heat Pump.
Chapter 14 and 15, to describe Split System Hot Water Heat Pump sales channel, distributors, customers, research findings and conclusion.


1 Market Overview

  • 1.1 Product Overview and Scope
  • 1.2 Market Estimation Caveats and Base Year
  • 1.3 Market Analysis by Type
    • 1.3.1 Overview: Global Split System Hot Water Heat Pump Consumption Value by Type: 2020 Versus 2024 Versus 2031
    • 1.3.2 Indoor only Type
    • 1.3.3 Indoor and Outdoor General Use Type
  • 1.4 Market Analysis by Application
    • 1.4.1 Overview: Global Split System Hot Water Heat Pump Consumption Value by Application: 2020 Versus 2024 Versus 2031
    • 1.4.2 Residential
    • 1.4.3 Commercial
    • 1.4.4 Industrial
  • 1.5 Global Split System Hot Water Heat Pump Market Size & Forecast
    • 1.5.1 Global Split System Hot Water Heat Pump Consumption Value (2020 & 2024 & 2031)
    • 1.5.2 Global Split System Hot Water Heat Pump Sales Quantity (2020-2031)
    • 1.5.3 Global Split System Hot Water Heat Pump Average Price (2020-2031)

2 Manufacturers Profiles

  • 2.1 A.O.Smith Corporation
    • 2.1.1 A.O.Smith Corporation Details
    • 2.1.2 A.O.Smith Corporation Major Business
    • 2.1.3 A.O.Smith Corporation Split System Hot Water Heat Pump Product and Services
    • 2.1.4 A.O.Smith Corporation Split System Hot Water Heat Pump Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.1.5 A.O.Smith Corporation Recent Developments/Updates
  • 2.2 Panasonic
    • 2.2.1 Panasonic Details
    • 2.2.2 Panasonic Major Business
    • 2.2.3 Panasonic Split System Hot Water Heat Pump Product and Services
    • 2.2.4 Panasonic Split System Hot Water Heat Pump Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.2.5 Panasonic Recent Developments/Updates
  • 2.3 Mitsubishi Electric
    • 2.3.1 Mitsubishi Electric Details
    • 2.3.2 Mitsubishi Electric Major Business
    • 2.3.3 Mitsubishi Electric Split System Hot Water Heat Pump Product and Services
    • 2.3.4 Mitsubishi Electric Split System Hot Water Heat Pump Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.3.5 Mitsubishi Electric Recent Developments/Updates
  • 2.4 Emerald Energy
    • 2.4.1 Emerald Energy Details
    • 2.4.2 Emerald Energy Major Business
    • 2.4.3 Emerald Energy Split System Hot Water Heat Pump Product and Services
    • 2.4.4 Emerald Energy Split System Hot Water Heat Pump Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.4.5 Emerald Energy Recent Developments/Updates
  • 2.5 GREE
    • 2.5.1 GREE Details
    • 2.5.2 GREE Major Business
    • 2.5.3 GREE Split System Hot Water Heat Pump Product and Services
    • 2.5.4 GREE Split System Hot Water Heat Pump Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.5.5 GREE Recent Developments/Updates
  • 2.6 Midea
    • 2.6.1 Midea Details
    • 2.6.2 Midea Major Business
    • 2.6.3 Midea Split System Hot Water Heat Pump Product and Services
    • 2.6.4 Midea Split System Hot Water Heat Pump Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.6.5 Midea Recent Developments/Updates
  • 2.7 Daikin
    • 2.7.1 Daikin Details
    • 2.7.2 Daikin Major Business
    • 2.7.3 Daikin Split System Hot Water Heat Pump Product and Services
    • 2.7.4 Daikin Split System Hot Water Heat Pump Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.7.5 Daikin Recent Developments/Updates
  • 2.8 Haier
    • 2.8.1 Haier Details
    • 2.8.2 Haier Major Business
    • 2.8.3 Haier Split System Hot Water Heat Pump Product and Services
    • 2.8.4 Haier Split System Hot Water Heat Pump Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.8.5 Haier Recent Developments/Updates
  • 2.9 Hitachi
    • 2.9.1 Hitachi Details
    • 2.9.2 Hitachi Major Business
    • 2.9.3 Hitachi Split System Hot Water Heat Pump Product and Services
    • 2.9.4 Hitachi Split System Hot Water Heat Pump Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.9.5 Hitachi Recent Developments/Updates
  • 2.10 STIEBEL ELTRON GmbH & Co. KG
    • 2.10.1 STIEBEL ELTRON GmbH & Co. KG Details
    • 2.10.2 STIEBEL ELTRON GmbH & Co. KG Major Business
    • 2.10.3 STIEBEL ELTRON GmbH & Co. KG Split System Hot Water Heat Pump Product and Services
    • 2.10.4 STIEBEL ELTRON GmbH & Co. KG Split System Hot Water Heat Pump Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.10.5 STIEBEL ELTRON GmbH & Co. KG Recent Developments/Updates

3 Competitive Environment: Split System Hot Water Heat Pump by Manufacturer

  • 3.1 Global Split System Hot Water Heat Pump Sales Quantity by Manufacturer (2020-2025)
  • 3.2 Global Split System Hot Water Heat Pump Revenue by Manufacturer (2020-2025)
  • 3.3 Global Split System Hot Water Heat Pump Average Price by Manufacturer (2020-2025)
  • 3.4 Market Share Analysis (2024)
    • 3.4.1 Producer Shipments of Split System Hot Water Heat Pump by Manufacturer Revenue ($MM) and Market Share (%): 2024
    • 3.4.2 Top 3 Split System Hot Water Heat Pump Manufacturer Market Share in 2024
    • 3.4.3 Top 6 Split System Hot Water Heat Pump Manufacturer Market Share in 2024
  • 3.5 Split System Hot Water Heat Pump Market: Overall Company Footprint Analysis
    • 3.5.1 Split System Hot Water Heat Pump Market: Region Footprint
    • 3.5.2 Split System Hot Water Heat Pump Market: Company Product Type Footprint
    • 3.5.3 Split System Hot Water Heat Pump Market: Company Product Application Footprint
  • 3.6 New Market Entrants and Barriers to Market Entry
  • 3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region

  • 4.1 Global Split System Hot Water Heat Pump Market Size by Region
    • 4.1.1 Global Split System Hot Water Heat Pump Sales Quantity by Region (2020-2031)
    • 4.1.2 Global Split System Hot Water Heat Pump Consumption Value by Region (2020-2031)
    • 4.1.3 Global Split System Hot Water Heat Pump Average Price by Region (2020-2031)
  • 4.2 North America Split System Hot Water Heat Pump Consumption Value (2020-2031)
  • 4.3 Europe Split System Hot Water Heat Pump Consumption Value (2020-2031)
  • 4.4 Asia-Pacific Split System Hot Water Heat Pump Consumption Value (2020-2031)
  • 4.5 South America Split System Hot Water Heat Pump Consumption Value (2020-2031)
  • 4.6 Middle East & Africa Split System Hot Water Heat Pump Consumption Value (2020-2031)

5 Market Segment by Type

  • 5.1 Global Split System Hot Water Heat Pump Sales Quantity by Type (2020-2031)
  • 5.2 Global Split System Hot Water Heat Pump Consumption Value by Type (2020-2031)
  • 5.3 Global Split System Hot Water Heat Pump Average Price by Type (2020-2031)

6 Market Segment by Application

  • 6.1 Global Split System Hot Water Heat Pump Sales Quantity by Application (2020-2031)
  • 6.2 Global Split System Hot Water Heat Pump Consumption Value by Application (2020-2031)
  • 6.3 Global Split System Hot Water Heat Pump Average Price by Application (2020-2031)

7 North America

  • 7.1 North America Split System Hot Water Heat Pump Sales Quantity by Type (2020-2031)
  • 7.2 North America Split System Hot Water Heat Pump Sales Quantity by Application (2020-2031)
  • 7.3 North America Split System Hot Water Heat Pump Market Size by Country
    • 7.3.1 North America Split System Hot Water Heat Pump Sales Quantity by Country (2020-2031)
    • 7.3.2 North America Split System Hot Water Heat Pump Consumption Value by Country (2020-2031)
    • 7.3.3 United States Market Size and Forecast (2020-2031)
    • 7.3.4 Canada Market Size and Forecast (2020-2031)
    • 7.3.5 Mexico Market Size and Forecast (2020-2031)

8 Europe

  • 8.1 Europe Split System Hot Water Heat Pump Sales Quantity by Type (2020-2031)
  • 8.2 Europe Split System Hot Water Heat Pump Sales Quantity by Application (2020-2031)
  • 8.3 Europe Split System Hot Water Heat Pump Market Size by Country
    • 8.3.1 Europe Split System Hot Water Heat Pump Sales Quantity by Country (2020-2031)
    • 8.3.2 Europe Split System Hot Water Heat Pump Consumption Value by Country (2020-2031)
    • 8.3.3 Germany Market Size and Forecast (2020-2031)
    • 8.3.4 France Market Size and Forecast (2020-2031)
    • 8.3.5 United Kingdom Market Size and Forecast (2020-2031)
    • 8.3.6 Russia Market Size and Forecast (2020-2031)
    • 8.3.7 Italy Market Size and Forecast (2020-2031)

9 Asia-Pacific

  • 9.1 Asia-Pacific Split System Hot Water Heat Pump Sales Quantity by Type (2020-2031)
  • 9.2 Asia-Pacific Split System Hot Water Heat Pump Sales Quantity by Application (2020-2031)
  • 9.3 Asia-Pacific Split System Hot Water Heat Pump Market Size by Region
    • 9.3.1 Asia-Pacific Split System Hot Water Heat Pump Sales Quantity by Region (2020-2031)
    • 9.3.2 Asia-Pacific Split System Hot Water Heat Pump Consumption Value by Region (2020-2031)
    • 9.3.3 China Market Size and Forecast (2020-2031)
    • 9.3.4 Japan Market Size and Forecast (2020-2031)
    • 9.3.5 South Korea Market Size and Forecast (2020-2031)
    • 9.3.6 India Market Size and Forecast (2020-2031)
    • 9.3.7 Southeast Asia Market Size and Forecast (2020-2031)
    • 9.3.8 Australia Market Size and Forecast (2020-2031)

10 South America

  • 10.1 South America Split System Hot Water Heat Pump Sales Quantity by Type (2020-2031)
  • 10.2 South America Split System Hot Water Heat Pump Sales Quantity by Application (2020-2031)
  • 10.3 South America Split System Hot Water Heat Pump Market Size by Country
    • 10.3.1 South America Split System Hot Water Heat Pump Sales Quantity by Country (2020-2031)
    • 10.3.2 South America Split System Hot Water Heat Pump Consumption Value by Country (2020-2031)
    • 10.3.3 Brazil Market Size and Forecast (2020-2031)
    • 10.3.4 Argentina Market Size and Forecast (2020-2031)

11 Middle East & Africa

  • 11.1 Middle East & Africa Split System Hot Water Heat Pump Sales Quantity by Type (2020-2031)
  • 11.2 Middle East & Africa Split System Hot Water Heat Pump Sales Quantity by Application (2020-2031)
  • 11.3 Middle East & Africa Split System Hot Water Heat Pump Market Size by Country
    • 11.3.1 Middle East & Africa Split System Hot Water Heat Pump Sales Quantity by Country (2020-2031)
    • 11.3.2 Middle East & Africa Split System Hot Water Heat Pump Consumption Value by Country (2020-2031)
    • 11.3.3 Turkey Market Size and Forecast (2020-2031)
    • 11.3.4 Egypt Market Size and Forecast (2020-2031)
    • 11.3.5 Saudi Arabia Market Size and Forecast (2020-2031)
    • 11.3.6 South Africa Market Size and Forecast (2020-2031)

12 Market Dynamics

  • 12.1 Split System Hot Water Heat Pump Market Drivers
  • 12.2 Split System Hot Water Heat Pump Market Restraints
  • 12.3 Split System Hot Water Heat Pump Trends Analysis
  • 12.4 Porters Five Forces Analysis
    • 12.4.1 Threat of New Entrants
    • 12.4.2 Bargaining Power of Suppliers
    • 12.4.3 Bargaining Power of Buyers
    • 12.4.4 Threat of Substitutes
    • 12.4.5 Competitive Rivalry

13 Raw Material and Industry Chain

  • 13.1 Raw Material of Split System Hot Water Heat Pump and Key Manufacturers
  • 13.2 Manufacturing Costs Percentage of Split System Hot Water Heat Pump
  • 13.3 Split System Hot Water Heat Pump Production Process
  • 13.4 Industry Value Chain Analysis

14 Shipments by Distribution Channel

  • 14.1 Sales Channel
    • 14.1.1 Direct to End-User
    • 14.1.2 Distributors
  • 14.2 Split System Hot Water Heat Pump Typical Distributors
  • 14.3 Split System Hot Water Heat Pump Typical Customers

15 Research Findings and Conclusion

    16 Appendix

    • 16.1 Methodology
    • 16.2 Research Process and Data Source

    Summary:
    Get latest Market Research Reports on Split System Hot Water Heat Pump. Industry analysis & Market Report on Split System Hot Water Heat Pump is a syndicated market report, published as Global Split System Hot Water Heat Pump Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031. It is complete Research Study and Industry Analysis of Split System Hot Water Heat Pump market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.

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