The global pool heat pump industry is in a phase of rapid development. According to information disclosed by Verified Market Reports, the global pool heat pump market size was US$1.01 billion, US$1.09 billion, and US$1.2 billion in 2022, 2023, and 2024, respectively. China's pool heat pump market accounts for approximately 25% of the global market, and is estimated to have reached approximately RMB 2.136 billion in 2024.
The various links in the pool heat pump industry chain are closely interconnected. The upstream sector consists of raw material and core component suppliers, mainly including compressors, heat exchangers, electronic controllers, and insulation materials. The midstream sector is the manufacturing of pool heat pumps. From a competitive landscape perspective, the pool heat pump market has a high degree of concentration. In 2024, the CR3 (top three companies' market share) of the global pool heat pump market was 33.36%, and the CR3 of the Chinese pool heat pump market was 26.17%. Major companies include Guangdong Fenikz Energy Saving Equipment Co., Ltd., Zhuhai Gree Electric Appliances Co., Ltd., Midea Group Co., Ltd., and Pentair. Downstream applications and consumer groups mainly include the residential market, primarily consisting of villas and high-end apartments, as well as commercial and public facilities such as hotels, fitness centers, star-rated hotels, water parks, and sports stadiums. Currently, the commercial sector accounts for a relatively high proportion.