India Gas Geyser Market - By Product (Instant, Storage); By Capacity (<30 Litres, 30–100 Litres, 100–250 Litres, 250–400 Litres, >400 Litres); By Application (Residential, Commercial); By Region (North India, South India, East India, West India), Trend An

India Gas Geyser Market - By Product (Instant, Storage); By Capacity (<30 Litres, 30–100 Litres, 100–250 Litres, 250–400 Litres, >400 Litres); By Application (Residential, Commercial); By Region (North India, South India, East India, West India), Trend Analysis, Competitive Landscape & Forecast, 2019–2029

India Gas Geyser Market Size Set to Grow at a Steady CAGR of 6.4% During 2023–2029

India gas geyser market is gaining traction due to the increasing number of household units using geysers, rapidly expanding urban areas, and a rising demand for energy-efficient water heaters across the country.

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, expects India gas geyser market size to grow at a steady CAGR of 6.4% during the forecast period between 2023 and 2029. The India gas geyser market's expansion is linked to the rising disposable income of Indian consumers, as well as to the rising number of product releases and brand penetration. India is the top importer of gas geysers, with 440 shipments, according to Volza's Global Import Export Data of Gas Geyser. During the forecast period, it is expected that the market for gas geysers in India will see rapid expansion due to the growing incorporation of cutting-edge technologies, such as IoT, sensors, 4G/5G, and Wi-Fi.

India Gas Geyser Market – Overview

Crompton, a leading electrical equipment company in India, defines, “Gas geysers make use of Liquid Petroleum Gas (LPG) for heating water.” These geysers may quickly heat water and offer a steady supply of hot water. However, they are less effective than electric geysers and recover more slowly. Due to the isolation of the tank, which allows heat to be retained for a long period, it is one of the most energy-efficient geysers available. When necessary, a gas burner automatically activates to make sure the water is kept in storage at a particular temperature that is controllable by a thermostat.

India Gas Geyser Market – By Application

Based on application, the India gas geyser market is segmented into residential and commercial. The residential application accounts for a higher market share owing to an increasing disposable income and the rising number of residential spaces in India. Irregular electricity supply issues, especially in the smaller cities and towns, act as another factor fueling the demand for gas geysers in the residential segment. However, the commercial segment is projected to register growth at a higher for gas geysers during the forecast period.

Impact of COVID-19 on India Gas Geyser Market

The India gas geyser market was negatively impacted by the unprecedented COVID-19 outbreak in the country. The nationwide lockdown imposed during the initial phase of outbreak halted the manufacturing and production operations of the gas geysers in the country. Gas geysers were also placed under ‘non-essential’ goods. All these factors directly affected the demand and supply of gas geysers, incurring huge losses to the market. However, as production activities resume in the post-pandemic period, the India gas geyser market is projected to get back its growth track.

Competitive Landscape

Major players operating in India gas geyser market include Havells India Limited, Bajaj Electricals, Hindware, Orient Electric, V-Guard, A.O. Smith, Crompton Greaves Consumer Electricals Limited, Venus Home Appliances (P) Ltd., and Ken Lifestyles Private Limited. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

The in-depth analysis of the report provides information about growth potential, upcoming trends, and the India Gas Geyser Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in the India Gas Geyser Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.


1. Research Framework
1.1. Research Objective
1.2. Product Overview
1.3. Market Segmentation
2. Executive Summary
3. India Gas Geyser Market Insights
3.1. Industry Value Chain Analysis
3.2. DROC Analysis
3.2.1. Growth Drivers
3.2.1.1. Increase in Number of Household Units
3.2.1.2. Growing Rate of Urbanization
3.2.1.3. Rising Demand for Energy Efficient Water Heaters
3.2.2. Restraints
3.2.2.1. High Installation Cost
3.2.2.2. Availability of Counterparts
3.2.3. Opportunities
3.2.3.1. Development of Smart Gas Geyser by Manufacturers
3.2.3.2. Increase in Demand for Gas Water Heater
3.2.4. Challenges
3.2.4.1. Growing Dominance of Local Manufacturers
3.2.4.2. Increasing Raw Material Price and Manufacturing Cost
3.3. Technology Advancements/Recent Developments
3.4. Regulatory Framework
3.5. Porter’s Five Forces Analysis
3.5.1. Bargaining Power of Suppliers
3.5.2. Bargaining Power of Buyers
3.5.3. Threat of New Entrants
3.5.4. Threat of Substitutes
3.5.5. Intensity of Rivalry
4. India Gas Geyser Market Overview
4.1. Market Size & Forecast by Value, 2019−2029
4.1.1. By Value (USD Million)
4.2. Market Share & Forecast
4.2.1. By Product
4.2.1.1. Instant
4.2.1.2. Storage
4.2.2. By Capacity
4.2.2.1. <30 Liters
4.2.2.2. 30–100 Liters
4.2.2.3. 100–250 Liters
4.2.2.4. 250–400 Liters
4.2.2.5. >400 Liters
4.2.3. By Application
4.2.3.1. Residential
4.2.3.2. Commercial
4.2.4. By Region
4.2.4.1. North India
4.2.4.2. South India
4.2.4.3. East India
4.2.4.4. West India
5. North India Gas Geyser Market
5.1. Market Size & Forecast by Value, 2019−2029
5.1.1. By Value (USD Million)
5.2. Market Share & Forecast
5.2.1. By Product
5.2.2. By Capacity
5.2.3. By Application
6. South India Gas Geyser Market
6.1. Market Size & Forecast by Value, 2019−2029
6.1.1. By Value (USD Million)
6.2. Market Share & Forecast
6.2.1. By Product
6.2.2. By Capacity
6.2.3. By Application
7. East India Gas Geyser Market
7.1. Market Size & Forecast by Value, 2019−2029
7.1.1. By Value (USD Million)
7.2. Market Share & Forecast
7.2.1. By Product
7.2.2. By Capacity
7.2.3. By Application
8. West India Gas Geyser Market
8.1. Market Size & Forecast by Value, 2019−2029
8.1.1. By Value (USD Million)
8.2. Market Share & Forecast
8.2.1. By Product
8.2.2. By Capacity
8.2.3. By Application
9. Competitive Landscape
9.1. List of Key Players and Their Offerings
9.2. India Gas Geyser Company Market Share Analysis, 2022
9.3. Competitive Benchmarking, By Operating Parameters
9.4. Key Strategic Development (Mergers, Acquisitions, Partnerships, and others)
10. Impact of Covid-19 on India Gas Geyser Market
11. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)
11.1. Havells India Limited
11.2. Bajaj Electricals
11.3. Hindware
11.4. Orient Electric
11.5. V–Guard
11.6. A.O. Smith
11.7. Crompton Greaves Consumer Electricals Limited
11.8. Venus Home Appliances (P) Ltd.
11.9. Ken Lifestyles Private Limited
11.10. Other prominent players
12. Key Strategic Recommendations
13. Research Methodology
13.1. Qualitative Research
13.1.1. Primary & Secondary Research
13.2. Quantitative Research
13.3. Market Breakdown & Data Triangulation
13.3.1. Secondary Research
13.3.2. Primary Research
13.4. Breakdown of Primary Research Respondents, By Region
13.5. Assumptions & Limitations
*Financial information in case of non-listed companies will be provided as per availability
**The segmentation and the companies are subjected to modifications based on in-depth secondary for the final deliverable
List of Figure
Figure 1 India Gas Geyser Market Segmentation
Figure 2 India Gas Geyser Market Value Chain Analysis
Figure 3 Company Market Share Analysis, 2022
Figure 4 India Gas Geyser Market Size, By Value (USD Million),2019−2029
Figure 5 India Gas Geyser Market Share, By Product, By Value,2019−2029
Figure 6 India Gas Geyser Market Share, By Capacity, By Value,2019−2029
Figure 7 India Gas Geyser Market Share, By Application, By Value,2019−2029
Figure 8 India Gas Geyser Market Share, By Region, By Value,2019−2029
Figure 9 North India Gas Geyser Market Size, By Value (USD Million),2019−2029
Figure 10 North India Gas Geyser Market Share, By Product, By Value,2019−2029
Figure 11 North India Gas Geyser Market Share, By Capacity, By Value,2019−2029
Figure 12 North India Gas Geyser Market Share, By Application, By Value,2019−2029
Figure 13 South India Gas Geyser Market Size, By Value (USD Million),2019−2029
Figure 14 South India Gas Geyser Market Share, By Product, By Value,2019−2029
Figure 15 South India Gas Geyser Market Share, By Capacity, By Value,2019−2029
Figure 16 South India Gas Geyser Market Share, By Application, By Value,2019−2029
Figure 17 East India Gas Geyser Market Size, By Value (USD Million),2019−2029
Figure 18 East India Gas Geyser Market Share, By Product, By Value,2019−2029
Figure 19 East India Gas Geyser Market Share, By Capacity, By Value,2019−2029
Figure 20 East India Gas Geyser Market Share, By Application, By Value,2019−2029
Figure 21 West India Gas Geyser Market Size, By Value (USD Million),2019−2029
Figure 22 West India Gas Geyser Market Share, By Product, By Value,2019−2029
Figure 23 West India Gas Geyser Market Share, By Capacity, By Value,2019−2029
Figure 24 West India Gas Geyser Market Share, By Application, By Value,2019−2029
List of Tables
Table 1 India Gas Geyser Market Size, By Product, By Value,2019−2029
Table 2 India Gas Geyser Market Size, By Capacity, By Value,2019−2029
Table 3 India Gas Geyser Market Size, By Application, By Value,2019−2029
Table 4 India Gas Geyser Market Size, By Region, By Value,2019−2029
Table 5 North India Gas Geyser Market Size, By Product, By Value,2019−2029
Table 6 North India Gas Geyser Market Size, By Capacity, By Value,2019−2029
Table 7 North India Gas Geyser Market Size, By Application, By Value,2019−2029
Table 8 South India Gas Geyser Market Size, By Product, By Value,2019−2029
Table 9 South India Gas Geyser Market Size, By Capacity, By Value,2019−2029
Table 10 South India Gas Geyser Market Size, By Application, By Value,2019−2029
Table 11 East India Gas Geyser Market Size, By Product, By Value,2019−2029
Table 12 East India Gas Geyser Market Size, By Capacity, By Value,2019−2029
Table 13 East India Gas Geyser Market Size, By Application, By Value,2019−2029
Table 14 West India Gas Geyser Market Size, By Product, By Value,2019−2029
Table 15 West India Gas Geyser Market Size, By Capacity, By Value,2019−2029
Table 16 West India Gas Geyser Market Size, By Application, By Value,2019−2029
Table 17 Havells India Limited Company Overview
Table 18 Havells India Limited Financial Overview
Table 19 Bajaj Electricals Company Overview
Table 20 Bajaj Electricals Financial Overview
Table 21 Hindware Company Overview
Table 22 Hindware Financial Overview
Table 23 Orient Electric Company Overview
Table 24 Orient Electric Financial Overview
Table 25 V–Guard Company Overview
Table 26 V–Guard Financial Overview
Table 27 A.O. Smith Company Overview
Table 28 A.O. Smith Financial Overview
Table 29 Crompton Greaves Consumer Electricals Limited Company Overview
Table 30 Crompton Greaves Consumer Electricals Limited Financial Overview
Table 31 Venus Home Appliances (P) Ltd. Company Overview
Table 32 Venus Home Appliances (P) Ltd. Financial Overview
Table 33 Ken Lifestyles Private Limited Company Overview
Table 34 Ken Lifestyles Private Limited Financial Overview

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