| Product Code: ETC5757997 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Ireland saw a significant increase in heat pump water heater import shipments, with top exporting countries being Metropolitan France, UK, South Korea, China, and Thailand. The market remained highly concentrated, indicating strong competition among suppliers. The impressive compound annual growth rate (CAGR) of 40.75% from 2020 to 2024 highlights the growing demand for energy-efficient water heating solutions in Ireland. Moreover, the remarkable growth rate of 73.72% from 2023 to 2024 suggests a surge in consumer adoption of heat pump water heaters in the country.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Ireland Heat Pump Water Heater Market Overview |
3.1 Ireland Country Macro Economic Indicators |
3.2 Ireland Heat Pump Water Heater Market Revenues & Volume, 2021 & 2031F |
3.3 Ireland Heat Pump Water Heater Market - Industry Life Cycle |
3.4 Ireland Heat Pump Water Heater Market - Porter's Five Forces |
3.5 Ireland Heat Pump Water Heater Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Ireland Heat Pump Water Heater Market Revenues & Volume Share, By Storage, 2021 & 2031F |
3.7 Ireland Heat Pump Water Heater Market Revenues & Volume Share, By Capacity, 2021 & 2031F |
4 Ireland Heat Pump Water Heater Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing awareness and adoption of energy-efficient technologies in Ireland |
4.2.2 Government initiatives and incentives promoting the use of renewable energy sources |
4.2.3 Increasing focus on reducing carbon emissions and achieving sustainability goals |
4.3 Market Restraints |
4.3.1 High upfront cost of heat pump water heaters compared to traditional water heaters |
4.3.2 Limited availability of skilled professionals for installation and maintenance |
4.3.3 Challenges in retrofitting existing buildings with heat pump water heater systems |
5 Ireland Heat Pump Water Heater Market Trends |
6 Ireland Heat Pump Water Heater Market Segmentations |
6.1 Ireland Heat Pump Water Heater Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Ireland Heat Pump Water Heater Market Revenues & Volume, By Air Source, 2021-2031F |
6.1.3 Ireland Heat Pump Water Heater Market Revenues & Volume, By Geothermal, 2021-2031F |
6.2 Ireland Heat Pump Water Heater Market, By Storage |
6.2.1 Overview and Analysis |
6.2.2 Ireland Heat Pump Water Heater Market Revenues & Volume, By Up to 500 L, 2021-2031F |
6.2.3 Ireland Heat Pump Water Heater Market Revenues & Volume, By 500? ??1000 L, 2021-2031F |
6.2.4 Ireland Heat Pump Water Heater Market Revenues & Volume, By Above 1000 L, 2021-2031F |
6.3 Ireland Heat Pump Water Heater Market, By Capacity |
6.3.1 Overview and Analysis |
6.3.2 Ireland Heat Pump Water Heater Market Revenues & Volume, By Up to 10 kW, 2021-2031F |
6.3.3 Ireland Heat Pump Water Heater Market Revenues & Volume, By 10-20 kW, 2021-2031F |
6.3.4 Ireland Heat Pump Water Heater Market Revenues & Volume, By 20-30 kW, 2021-2031F |
6.3.5 Ireland Heat Pump Water Heater Market Revenues & Volume, By 30-100 kW, 2021-2031F |
6.3.6 Ireland Heat Pump Water Heater Market Revenues & Volume, By 10? ??150 kW, 2021-2031F |
6.3.7 Ireland Heat Pump Water Heater Market Revenues & Volume, By Above 150 kW, 2021-2031F |
7 Ireland Heat Pump Water Heater Market Import-Export Trade Statistics |
7.1 Ireland Heat Pump Water Heater Market Export to Major Countries |
7.2 Ireland Heat Pump Water Heater Market Imports from Major Countries |
8 Ireland Heat Pump Water Heater Market Key Performance Indicators |
8.1 Average energy savings achieved by households using heat pump water heaters |
8.2 Number of government policies and incentives supporting the adoption of heat pump water heaters |
8.3 Growth in the number of certified professionals for heat pump water heater installation and maintenance |
9 Ireland Heat Pump Water Heater Market - Opportunity Assessment |
9.1 Ireland Heat Pump Water Heater Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Ireland Heat Pump Water Heater Market Opportunity Assessment, By Storage, 2021 & 2031F |
9.3 Ireland Heat Pump Water Heater Market Opportunity Assessment, By Capacity, 2021 & 2031F |
10 Ireland Heat Pump Water Heater Market - Competitive Landscape |
10.1 Ireland Heat Pump Water Heater Market Revenue Share, By Companies, 2024 |
10.2 Ireland Heat Pump Water Heater Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |