Global Water Heater Market Research Report 2023(Status and Outlook)
Report Overview
A water heater is an apparatus which operate on an energy source to heat water above its initial temperature for residential, commercial & industrial purposes.
The energy source of a water heater can be electricity, solar energy or a fuel including natural gas or propane. These products are deployed to transform thermal energy from a fuel source to a reservoir or stream of water.
The Global Water Heater Market Size was estimated at USD 436.5 million in 2022 and is projected to reach USD 533.20 million by 2029, exhibiting a CAGR of 2.90% during the forecast period.
Bosson Research’s latest report provides a deep insight into the global Water Heater market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Water Heater Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Water Heater market in any manner.
Global Water Heater Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
A. O. Smith Corporation
Bradford White Corporation (BWC)
Ferroli
Bosch Thermotechnology
Rheem Manufacturing Company
State Industries
Rinnai Corporation
Hubbell Incorporated
Saudi Ceramics
Ariston Thermo Group
Market Segmentation (by Type)
Solar Water Heater
Instant Water Heater
Storage Water Heater
Others
Market Segmentation (by Application)
Transportation
Textiles
Food
Others
Geographic Segmentation
North America (USA, Canada, Mexico)
Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
South America (Brazil, Argentina, Columbia, Rest of South America)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Key Benefits of This Market Research:
Industry drivers, restraints, and opportunities covered in the study
Neutral perspective on the market performance
Recent industry trends and developments
Competitive landscape & strategies of key players
Potential & niche segments and regions exhibiting promising growth covered
Historical, current, and projected market size, in terms of value
In-depth analysis of the Water Heater Market
Overview of the regional outlook of the Water Heater Market:
Key Reasons to Buy this Report:
Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
This enables you to anticipate market changes to remain ahead of your competitors
- 1 Research Methodology and Statistical Scope
- 1.1 Market Definition and Statistical Scope of Water Heater
- 1.2 Key Market Segments
- 1.2.1 Water Heater Segment by Type
- 1.2.2 Water Heater Segment by Application
- 1.3 Methodology & Sources of Information
- 1.3.1 Research Methodology
- 1.3.2 Research Process
- 1.3.3 Market Breakdown and Data Triangulation
- 1.3.4 Base Year
- 1.3.5 Report Assumptions & Caveats
- 2 Water Heater Market Overview
- 2.1 Global Market Overview
- 2.1.1 Global Water Heater Market Size (M USD) Estimates and Forecasts (2018-2029)
- 2.1.2 Global Water Heater Sales Estimates and Forecasts (2018-2029)
- 2.2 Market Segment Executive Summary
- 2.3 Global Market Size by Region
- 3 Water Heater Market Competitive Landscape
- 3.1 Global Water Heater Sales by Manufacturers (2018-2023)
- 3.2 Global Water Heater Revenue Market Share by Manufacturers (2018-2023)
- 3.3 Water Heater Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
- 3.4 Global Water Heater Average Price by Manufacturers (2018-2023)
- 3.5 Manufacturers Water Heater Sales Sites, Area Served, Product Type
- 3.6 Water Heater Market Competitive Situation and Trends
- 3.6.1 Water Heater Market Concentration Rate
- 3.6.2 Global 5 and 10 Largest Water Heater Players Market Share by Revenue
- 3.6.3 Mergers & Acquisitions, Expansion
- 4 Water Heater Industry Chain Analysis
- 4.1 Water Heater Industry Chain Analysis
- 4.2 Market Overview of Key Raw Materials
- 4.3 Midstream Market Analysis
- 4.4 Downstream Customer Analysis
- 5 The Development and Dynamics of Water Heater Market
- 5.1 Key Development Trends
- 5.2 Driving Factors
- 5.3 Market Challenges
- 5.4 Market Restraints
- 5.5 Industry News
- 5.5.1 New Product Developments
- 5.5.2 Mergers & Acquisitions
- 5.5.3 Expansions
- 5.5.4 Collaboration/Supply Contracts
- 5.6 Industry Policies
- 6 Water Heater Market Segmentation by Type
- 6.1 Evaluation Matrix of Segment Market Development Potential (Type)
- 6.2 Global Water Heater Sales Market Share by Type (2018-2023)
- 6.3 Global Water Heater Market Size Market Share by Type (2018-2023)
- 6.4 Global Water Heater Price by Type (2018-2023)
- 7 Water Heater Market Segmentation by Application
- 7.1 Evaluation Matrix of Segment Market Development Potential (Application)
- 7.2 Global Water Heater Market Sales by Application (2018-2023)
- 7.3 Global Water Heater Market Size (M USD) by Application (2018-2023)
- 7.4 Global Water Heater Sales Growth Rate by Application (2018-2023)
- 8 Water Heater Market Segmentation by Region
- 8.1 Global Water Heater Sales by Region
- 8.1.1 Global Water Heater Sales by Region
- 8.1.2 Global Water Heater Sales Market Share by Region
- 8.2 North America
- 8.2.1 North America Water Heater Sales by Country
- 8.2.2 U.S.
- 8.2.3 Canada
- 8.2.4 Mexico
- 8.3 Europe
- 8.3.1 Europe Water Heater Sales by Country
- 8.3.2 Germany
- 8.3.3 France
- 8.3.4 U.K.
- 8.3.5 Italy
- 8.3.6 Russia
- 8.4 Asia Pacific
- 8.4.1 Asia Pacific Water Heater Sales by Region
- 8.4.2 China
- 8.4.3 Japan
- 8.4.4 South Korea
- 8.4.5 India
- 8.4.6 Southeast Asia
- 8.5 South America
- 8.5.1 South America Water Heater Sales by Country
- 8.5.2 Brazil
- 8.5.3 Argentina
- 8.5.4 Columbia
- 8.6 Middle East and Africa
- 8.6.1 Middle East and Africa Water Heater Sales by Region
- 8.6.2 Saudi Arabia
- 8.6.3 UAE
- 8.6.4 Egypt
- 8.6.5 Nigeria
- 8.6.6 South Africa
- 9 Key Companies Profile
- 9.1 A. O. Smith Corporation
- 9.1.1 A. O. Smith Corporation Water Heater Basic Information
- 9.1.2 A. O. Smith Corporation Water Heater Product Overview
- 9.1.3 A. O. Smith Corporation Water Heater Product Market Performance
- 9.1.4 A. O. Smith Corporation Business Overview
- 9.1.5 A. O. Smith Corporation Water Heater SWOT Analysis
- 9.1.6 A. O. Smith Corporation Recent Developments
- 9.2 Bradford White Corporation (BWC)
- 9.2.1 Bradford White Corporation (BWC) Water Heater Basic Information
- 9.2.2 Bradford White Corporation (BWC) Water Heater Product Overview
- 9.2.3 Bradford White Corporation (BWC) Water Heater Product Market Performance
- 9.2.4 Bradford White Corporation (BWC) Business Overview
- 9.2.5 Bradford White Corporation (BWC) Water Heater SWOT Analysis
- 9.2.6 Bradford White Corporation (BWC) Recent Developments
- 9.3 Ferroli
- 9.3.1 Ferroli Water Heater Basic Information
- 9.3.2 Ferroli Water Heater Product Overview
- 9.3.3 Ferroli Water Heater Product Market Performance
- 9.3.4 Ferroli Business Overview
- 9.3.5 Ferroli Water Heater SWOT Analysis
- 9.3.6 Ferroli Recent Developments
- 9.4 Bosch Thermotechnology
- 9.4.1 Bosch Thermotechnology Water Heater Basic Information
- 9.4.2 Bosch Thermotechnology Water Heater Product Overview
- 9.4.3 Bosch Thermotechnology Water Heater Product Market Performance
- 9.4.4 Bosch Thermotechnology Business Overview
- 9.4.5 Bosch Thermotechnology Water Heater SWOT Analysis
- 9.4.6 Bosch Thermotechnology Recent Developments
- 9.5 Rheem Manufacturing Company
- 9.5.1 Rheem Manufacturing Company Water Heater Basic Information
- 9.5.2 Rheem Manufacturing Company Water Heater Product Overview
- 9.5.3 Rheem Manufacturing Company Water Heater Product Market Performance
- 9.5.4 Rheem Manufacturing Company Business Overview
- 9.5.5 Rheem Manufacturing Company Water Heater SWOT Analysis
- 9.5.6 Rheem Manufacturing Company Recent Developments
- 9.6 State Industries
- 9.6.1 State Industries Water Heater Basic Information
- 9.6.2 State Industries Water Heater Product Overview
- 9.6.3 State Industries Water Heater Product Market Performance
- 9.6.4 State Industries Business Overview
- 9.6.5 State Industries Recent Developments
- 9.7 Rinnai Corporation
- 9.7.1 Rinnai Corporation Water Heater Basic Information
- 9.7.2 Rinnai Corporation Water Heater Product Overview
- 9.7.3 Rinnai Corporation Water Heater Product Market Performance
- 9.7.4 Rinnai Corporation Business Overview
- 9.7.5 Rinnai Corporation Recent Developments
- 9.8 Hubbell Incorporated
- 9.8.1 Hubbell Incorporated Water Heater Basic Information
- 9.8.2 Hubbell Incorporated Water Heater Product Overview
- 9.8.3 Hubbell Incorporated Water Heater Product Market Performance
- 9.8.4 Hubbell Incorporated Business Overview
- 9.8.5 Hubbell Incorporated Recent Developments
- 9.9 Saudi Ceramics
- 9.9.1 Saudi Ceramics Water Heater Basic Information
- 9.9.2 Saudi Ceramics Water Heater Product Overview
- 9.9.3 Saudi Ceramics Water Heater Product Market Performance
- 9.9.4 Saudi Ceramics Business Overview
- 9.9.5 Saudi Ceramics Recent Developments
- 9.10 Ariston Thermo Group
- 9.10.1 Ariston Thermo Group Water Heater Basic Information
- 9.10.2 Ariston Thermo Group Water Heater Product Overview
- 9.10.3 Ariston Thermo Group Water Heater Product Market Performance
- 9.10.4 Ariston Thermo Group Business Overview
- 9.10.5 Ariston Thermo Group Recent Developments
- 10 Water Heater Market Forecast by Region
- 10.1 Global Water Heater Market Size Forecast
- 10.2 Global Water Heater Market Forecast by Region
- 10.2.1 North America Market Size Forecast by Country
- 10.2.2 Europe Water Heater Market Size Forecast by Country
- 10.2.3 Asia Pacific Water Heater Market Size Forecast by Region
- 10.2.4 South America Water Heater Market Size Forecast by Country
- 10.2.5 Middle East and Africa Forecasted Consumption of Water Heater by Country
- 11 Forecast Market by Type and by Application (2024-2029)
- 11.1 Global Water Heater Market Forecast by Type (2024-2029)
- 11.1.1 Global Forecasted Sales of Water Heater by Type (2024-2029)
- 11.1.2 Global Water Heater Market Size Forecast by Type (2024-2029)
- 11.1.3 Global Forecasted Price of Water Heater by Type (2024-2029)
- 11.2 Global Water Heater Market Forecast by Application (2024-2029)
- 11.2.1 Global Water Heater Sales (K Units) Forecast by Application
- 11.2.2 Global Water Heater Market Size (M USD) Forecast by Application (2024-2029)
- 12 Conclusion and Key Findings
Research Assistance
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