| Product Code: ETC5757960 | Publication Date: Nov 2023 | Updated Date: Dec 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, Brunei continued to rely on imports for heat pump water heaters, with China, Singapore, Malaysia, Vietnam, and Canada being the top exporting countries. Despite a high concentration of imports, the market experienced a negative compound annual growth rate of -4.93% from 2020 to 2024. However, there was a slight improvement in growth with a rate of 0.85% from 2023 to 2024. The market dynamics suggest a competitive landscape with opportunities for growth and diversification in the coming years.

The heat pump water heater market in Brunei is expanding as consumers and businesses seek energy-efficient solutions for water heating. Heat pump water heaters use renewable energy sources to heat water, making them a more sustainable alternative to conventional heating methods. The market growth is driven by rising energy costs, environmental concerns, and government incentives for energy-efficient technologies.
The heat pump water heater market in Brunei is growing as consumers seek energy-efficient and environmentally friendly solutions for water heating. Heat pump water heaters use renewable energy from the air or ground to heat water, offering significant energy savings compared to traditional water heaters. The market is driven by the rising awareness of energy efficiency, advancements in heat pump technology, and the increasing adoption of renewable energy solutions in residential and commercial settings.
The Heat Pump Water Heater Market in Brunei faces challenges related to the high cost of heat pump technology and limited consumer awareness. The market is constrained by the small size of the residential and commercial sectors, which are primary users of heat pump water heaters. Additionally, competition from traditional water heating solutions and the lack of local production capabilities further restrict growth.
In the heat pump water heater market, Bruneis government policies focus on energy efficiency and environmental sustainability. Regulations ensure that heat pump water heaters meet performance and safety standards, supporting their use in reducing energy consumption and greenhouse gas emissions. The government promotes the adoption of advanced heat pump technologies to improve efficiency and reduce environmental impact. By enforcing high standards and supporting innovation, the government aims to drive growth in the heat pump water heater market.
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 Brunei Heat Pump Water Heater Market Overview |
3.1 Brunei Country Macro Economic Indicators |
3.2 Brunei Heat Pump Water Heater Market Revenues & Volume, 2021 & 2031F |
3.3 Brunei Heat Pump Water Heater Market - Industry Life Cycle |
3.4 Brunei Heat Pump Water Heater Market - Porter's Five Forces |
3.5 Brunei Heat Pump Water Heater Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Brunei Heat Pump Water Heater Market Revenues & Volume Share, By Storage, 2021 & 2031F |
3.7 Brunei Heat Pump Water Heater Market Revenues & Volume Share, By Capacity, 2021 & 2031F |
4 Brunei Heat Pump Water Heater Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about energy efficiency and environmental sustainability |
4.2.2 Government initiatives promoting the use of renewable energy sources |
4.2.3 Growing demand for cost-effective and energy-efficient water heating solutions |
4.3 Market Restraints |
4.3.1 High initial investment cost of heat pump water heaters |
4.3.2 Limited consumer awareness and understanding of heat pump technology |
4.3.3 Availability of alternative water heating solutions at lower upfront costs |
5 Brunei Heat Pump Water Heater Market Trends |
6 Brunei Heat Pump Water Heater Market Segmentations |
6.1 Brunei Heat Pump Water Heater Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Brunei Heat Pump Water Heater Market Revenues & Volume, By Air Source, 2021-2031F |
6.1.3 Brunei Heat Pump Water Heater Market Revenues & Volume, By Geothermal, 2021-2031F |
6.2 Brunei Heat Pump Water Heater Market, By Storage |
6.2.1 Overview and Analysis |
6.2.2 Brunei Heat Pump Water Heater Market Revenues & Volume, By Up to 500 L, 2021-2031F |
6.2.3 Brunei Heat Pump Water Heater Market Revenues & Volume, By 500? ??1000 L, 2021-2031F |
6.2.4 Brunei Heat Pump Water Heater Market Revenues & Volume, By Above 1000 L, 2021-2031F |
6.3 Brunei Heat Pump Water Heater Market, By Capacity |
6.3.1 Overview and Analysis |
6.3.2 Brunei Heat Pump Water Heater Market Revenues & Volume, By Up to 10 kW, 2021-2031F |
6.3.3 Brunei Heat Pump Water Heater Market Revenues & Volume, By 10-20 kW, 2021-2031F |
6.3.4 Brunei Heat Pump Water Heater Market Revenues & Volume, By 20-30 kW, 2021-2031F |
6.3.5 Brunei Heat Pump Water Heater Market Revenues & Volume, By 30-100 kW, 2021-2031F |
6.3.6 Brunei Heat Pump Water Heater Market Revenues & Volume, By 10? ??150 kW, 2021-2031F |
6.3.7 Brunei Heat Pump Water Heater Market Revenues & Volume, By Above 150 kW, 2021-2031F |
7 Brunei Heat Pump Water Heater Market Import-Export Trade Statistics |
7.1 Brunei Heat Pump Water Heater Market Export to Major Countries |
7.2 Brunei Heat Pump Water Heater Market Imports from Major Countries |
8 Brunei Heat Pump Water Heater Market Key Performance Indicators |
8.1 Adoption rate of heat pump water heaters in residential and commercial buildings |
8.2 Energy savings achieved by using heat pump water heaters compared to traditional water heaters |
8.3 Number of government incentives and rebates availed by consumers for purchasing heat pump water heaters |
9 Brunei Heat Pump Water Heater Market - Opportunity Assessment |
9.1 Brunei Heat Pump Water Heater Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Brunei Heat Pump Water Heater Market Opportunity Assessment, By Storage, 2021 & 2031F |
9.3 Brunei Heat Pump Water Heater Market Opportunity Assessment, By Capacity, 2021 & 2031F |
10 Brunei Heat Pump Water Heater Market - Competitive Landscape |
10.1 Brunei Heat Pump Water Heater Market Revenue Share, By Companies, 2024 |
10.2 Brunei Heat Pump Water Heater Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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