UAE Heat Pump Water Heater Market Size & Outlook
UAE heat pump water heater market, 2018-2030 (US$M)
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UAE heat pump water heater market highlights
- The UAE heat pump water heater market generated a revenue of USD 81.7 million in 2024 and is expected to reach USD 156.1 million by 2030.
- The UAE market is expected to grow at a CAGR of 11.7% from 2025 to 2030.
- In terms of segment, air to water was the largest revenue generating technology in 2024.
- Air to Water is the most lucrative technology segment registering the fastest growth during the forecast period.
Heat pump water heater market data book summary
| Market revenue in 2024 | USD 81.7 million |
| Market revenue in 2030 | USD 156.1 million |
| Growth rate | 11.7% (CAGR from 2025 to 2030) |
| Largest segment | Air to water |
| Fastest growing segment | Air to Water |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Air to Water, Water Source, Geothermal |
Other key industry trends
- In terms of revenue, UAE accounted for 0.6% of the global heat pump water heater market in 2024.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Saudi Arabia heat pump water heater market is projected to lead the regional market in terms of revenue in 2030.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 254.8 million by 2030.
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Heat Pump Water Heater Market Scope
Heat Pump Water Heater Market Companies
| Name | Profile | # Employees | HQ | Website |
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UAE heat pump water heater market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to heat pump water heater market will help companies and investors design strategic landscapes.
Air to water was the largest segment with a revenue share of 67.44% in 2024. Horizon Databook has segmented the UAE heat pump water heater market based on air to water, water source, geothermal covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of UAE heat pump water heater market databook
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Our clientele includes a mix of heat pump water heater market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the UAE heat pump water heater market , including forecasts for subscribers. This country databook contains high-level insights into UAE heat pump water heater market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UAE heat pump water heater market size, by technology, 2018-2030 (US$M)
UAE Heat Pump Water Heater Market Outlook Share, 2024 & 2030 (US$M)
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