Global Residential Water Heaters Competitive Landscape Professional Research Report 2024

Global Residential Water Heaters Competitive Landscape Professional Research Report 2024



Research Summary

Residential water heaters are essential household appliances designed to provide a continuous and convenient supply of hot water for various domestic purposes. Typically located in utility rooms, basements, or dedicated water heater closets, these devices heat water using electricity, gas, or other energy sources. The two main types are tankless (on-demand) and tank-type water heaters. Tank-type water heaters store and continuously heat a specific quantity of water in an insulated tank, ensuring hot water is readily available for use. On the other hand, tankless water heaters heat water on demand, offering energy efficiency by eliminating the need for constant heating and storage. Residential water heaters play a crucial role in daily routines, supporting activities such as bathing, cooking, and cleaning, contributing to the comfort and functionality of homes.

According to DIResearch's in-depth investigation and research, the global Residential Water Heaters market size will reach XX US$ Million in 2024, and is expected to reach XX US$ Million in 2030, with a CAGR of XX% (2025-2030). Among them, the China market has changed rapidly in the past few years. The market size in 2024 will be XX US$ Million, accounting for approximately XX% of the world. It is expected to reach XX US$ Million in 2030, and the global share will reach XX%.

The major global manufacturers of Residential Water Heaters include AO Smith, Rinnai, Midea, Rheem, Calorex (Ariston Thermo), Whirlpool, Stiebel Eltron, Noritz, Zhejiang Jiadele Technology Co, Bosch, GREE, Bradford White, EcoSmart, Vanward, Haier etc. The global players competition landscape in this report is divided into three tiers. The first tiers is the global leading enterprise, which occupies a major market share, is in a leading position in the industry, has strong competitiveness and influence, and has a large revenue scale; the second tiers has a certain share and popularity in the market, actively follows the industry leaders in product, service or technological innovation, and has a medium revenue scale; the third tiers has a smaller share in the market, has a lower brand awareness, mainly focuses on the local market, and has a relatively small revenue scale.

This report studies the market size, price trends and future development prospects of Residential Water Heaters. Focus on analysing the market share, product portfolio, prices, sales volume, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Residential Water Heaters market. The report data covers historical data from 2019 to 2023, based year in 2024 and forecast data from 2025 to 2030.

The regions and countries in the report include North America, Europe, China, APAC (excl. China), Latin America and Middle East and Africa, covering the Residential Water Heaters market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Residential Water Heaters industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.    

The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.

Global Key Manufacturers of Residential Water Heaters Include:

AO Smith

Rinnai

Midea

Rheem

Calorex (Ariston Thermo)

Whirlpool

Stiebel Eltron

Noritz

Zhejiang Jiadele Technology Co

Bosch

GREE

Bradford White

EcoSmart

Vanward

Haier

Residential Water Heaters Product Segment Include:

Gas Water Heater

Electric Water Heater

Others

Residential Water Heaters Product Application Include:

Residential

Light Commercial

Chapter Scope

Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trends

Chapter 2: Global Residential Water Heaters Industry PESTEL Analysis

Chapter 3: Global Residential Water Heaters Industry Porter’s Five Forces Analysis

Chapter 4: Global Residential Water Heaters Major Regional Market Size (Revenue, Sales, Price) and Forecast Analysis

Chapter 5: Global Residential Water Heaters Market Size and Forecast by Type and Application Analysis

Chapter 6: North America Residential Water Heaters Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 7: Europe Residential Water Heaters Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 8: China Residential Water Heaters Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 9: APAC (Excl. China) Residential Water Heaters Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 10: Latin America Residential Water Heaters Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 11: Middle East and Africa Residential Water Heaters Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 12: Global Residential Water Heaters Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)

Chapter 13: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)

Chapter 14: Industrial Chain Analysis, Include Raw Material Suppliers, Distributors and Customers

Chapter 15: Research Findings and Conclusion

Chapter 16: Methodology and Data Sources


1 Residential Water Heaters Market Overview
1.1 Product Definition and Statistical Scope
1.2 Residential Water Heaters Product by Type
1.2.1 Global Residential Water Heaters Market Size by Type, 2023 VS 2024 VS 2030
1.2.2 Gas Water Heater
1.2.3 Electric Water Heater
1.2.4 Others
1.3 Residential Water Heaters Product by Application
1.3.1 Global Residential Water Heaters Market Size by Application, 2023 VS 2024 VS 2030
1.3.2 Residential
1.3.3 Light Commercial
1.4 Global Residential Water Heaters Market Revenue and Sales Analysis
1.4.1 Global Residential Water Heaters Market Size Analysis (2019-2030)
1.4.2 Global Residential Water Heaters Market Sales Analysis (2019-2030)
1.4.3 Global Residential Water Heaters Market Sales Price Trend Analysis (2019-2030)
1.5 Residential Water Heaters Market Development Status and Trends
1.5.1 Residential Water Heaters Industry Development Status Analysis
1.5.2 Residential Water Heaters Industry Development Trends Analysis
2 Residential Water Heaters Market PESTEL Analysis
2.1 Political Factors Analysis
2.2 Economic Factors Analysis
2.3 Social Factors Analysis
2.4 Technological Factors Analysis
2.5 Environmental Factors Analysis
2.6 Legal Factors Analysis
3 Residential Water Heaters Market Porter's Five Forces Analysis
3.1 Competitive Rivalry
3.2 Threat of New Entrants
3.3 Bargaining Power of Suppliers
3.4 Bargaining Power of Buyers
3.5 Threat of Substitutes
4 Global Residential Water Heaters Market Analysis by Regions
4.1 Residential Water Heaters Overall Market: 2023 VS 2024 VS 2030
4.2 Global Residential Water Heaters Revenue and Forecast Analysis (2019-2030)
4.2.1 Global Residential Water Heaters Revenue and Market Share by Region (2019-2024)
4.2.2 Global Residential Water Heaters Revenue Forecast by Region (2025-2030)
4.3 Global Residential Water Heaters Sales and Forecast Analysis (2019-2030)
4.3.1 Global Residential Water Heaters Sales and Market Share by Region (2019-2024)
4.3.2 Global Residential Water Heaters Sales Forecast by Region (2025-2030)
4.4 Global Residential Water Heaters Sales Price Trend Analysis (2019-2030)
5 Global Residential Water Heaters Market Size by Type and Application
5.1 Global Residential Water Heaters Market Size by Type
5.1.1 Global Residential Water Heaters Revenue and Forecast Analysis by Type (2019-2030)
5.1.2 Global Residential Water Heaters Sales and Forecast Analysis by Type (2019-2030)
5.2 Global Residential Water Heaters Market Size by Application
5.2.1 Global Residential Water Heaters Revenue and Forecast Analysis by Application (2019-2030)
5.2.2 Global Residential Water Heaters Sales and Forecast Analysis by Application (2019-2030)
6 North America
6.1 North America Residential Water Heaters Market Size and Growth Rate Analysis (2019-2030)
6.2 North America Key Manufacturers Analysis
6.3 North America Residential Water Heaters Market Size by Type
6.3.1 North America Residential Water Heaters Sales by Type (2019-2030)
6.3.2 North America Residential Water Heaters Revenue by Type (2019-2030)
6.4 North America Residential Water Heaters Market Size by Application
6.4.1 North America Residential Water Heaters Sales by Application (2019-2030)
6.4.2 North America Residential Water Heaters Revenue by Application (2019-2030)
6.5 North America Residential Water Heaters Market Size by Country
6.5.1 US
6.5.2 Canada
7 Europe
7.1 Europe Residential Water Heaters Market Size and Growth Rate Analysis (2019-2030)
7.2 Europe Key Manufacturers Analysis
7.3 Europe Residential Water Heaters Market Size by Type
7.3.1 Europe Residential Water Heaters Sales by Type (2019-2030)
7.3.2 Europe Residential Water Heaters Revenue by Type (2019-2030)
7.4 Europe Residential Water Heaters Market Size by Application
7.4.1 Europe Residential Water Heaters Sales by Application (2019-2030)
7.4.2  Europe Residential Water Heaters Revenue by Application (2019-2030)
7.5 Europe Residential Water Heaters Market Size by Country
7.5.1 Germany
7.5.2 France
7.5.3 United Kingdom
7.5.4 Italy
7.5.5 Spain
7.5.6 Benelux
8 China
8.1 China Residential Water Heaters Market Size and Growth Rate Analysis (2019-2030)
8.2 China Key Manufacturers Analysis
8.3 China Residential Water Heaters Market Size by Type
8.3.1 China Residential Water Heaters Sales by Type (2019-2030)
8.3.2 China Residential Water Heaters Revenue by Type (2019-2030)
8.4 China Residential Water Heaters Market Size by Application
8.4.1 China Residential Water Heaters Sales by Application (2019-2030)
8.4.2 China Residential Water Heaters Revenue by Application (2019-2030)
9 APAC (excl. China)
9.1 APAC (excl. China) Residential Water Heaters Market Size and Growth Rate Analysis (2019-2030)
9.2 APAC (excl. China) Key Manufacturers Analysis
9.3 APAC (excl. China) Residential Water Heaters Market Size by Type
9.3.1 APAC (excl. China) Residential Water Heaters Sales by Type (2019-2030)
9.3.2 APAC (excl. China) Residential Water Heaters Revenue by Type (2019-2030)
9.4 APAC (excl. China) Residential Water Heaters Market Size by Application
9.4.1 APAC (excl. China) Residential Water Heaters Sales by Application (2019-2030)
9.4.2 APAC (excl. China) Residential Water Heaters Revenue by Application (2019-2030)
9.5 APAC (excl. China) Residential Water Heaters Market Size by Country
9.5.1 Japan
9.5.2 South Korea
9.5.3 India
9.5.4 Australia
9.5.5 Indonesia
9.5.6 Vietnam
9.5.7 Malaysia
9.5.8 Thailand
10 Latin America
10.1 Latin America Residential Water Heaters Market Size and Growth Rate Analysis (2019-2030)
10.2 Latin America Key Manufacturers Analysis
10.3 Latin America Residential Water Heaters Market Size by Type
10.3.1 Latin America Residential Water Heaters Sales by Type (2019-2030)
10.3.2 Latin America Residential Water Heaters Revenue by Type (2019-2030)
10.4 Latin America Residential Water Heaters Market Size by Application
10.4.1 Latin America Residential Water Heaters Sales by Application (2019-2030)
10.4.2 Latin America Residential Water Heaters Revenue by Application (2019-2030)
10.5 Latin America Residential Water Heaters Market Size by Country
10.5.1 Mexico
10.5.2 Brazil
11 Middle East & Africa
11.1 Middle East & Africa Residential Water Heaters Market Size and Growth Rate Analysis (2019-2030)
11.2 Middle East & Africa Key Manufacturers Analysis
11.3 Middle East & Africa Residential Water Heaters Market Size by Type
11.3.1 Middle East & Africa Residential Water Heaters Sales by Type (2019-2030)
11.3.2 Middle East & Africa Residential Water Heaters Revenue by Type (2019-2030)
11.4 Middle East & Africa Residential Water Heaters Market Size by Application
11.4.1 Middle East & Africa Residential Water Heaters Sales by Application (2019-2030)
11.4.2 Middle East & Africa Residential Water Heaters Revenue by Application (2019-2030)
11.5 Middle East & Africa Residential Water Heaters Market Size by Country
11.5.1 Saudi Arabia
11.5.2 South Africa
12 Competition by Manufacturers
12.1 Global Residential Water Heaters Market Sales, Revenue and Price by Key Manufacturers (2020-2024)
12.1.1 Global Residential Water Heaters Market Sales by Key Manufacturers (2020-2024)
12.1.2 Global Residential Water Heaters Market Revenue by Key Manufacturers (2020-2024)
12.1.3 Global Residential Water Heaters Average Sales Price by Manufacturers (2020-2024)
12.2 Residential Water Heaters Competitive Landscape Analysis and Market Dynamic
12.2.1 Residential Water Heaters Competitive Landscape Analysis
12.2.2 Global Key Manufacturers Headquarter Location and Key Area Sales
12.2.3 Market Dynamic
13 Key Companies Analysis
13.1 AO Smith
13.1.1 AO Smith Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.1.2 AO Smith Residential Water Heaters Product Portfolio
13.1.3 AO Smith Residential Water Heaters Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024)
13.2 Rinnai
13.2.1 Rinnai Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.2.2 Rinnai Residential Water Heaters Product Portfolio
13.2.3 Rinnai Residential Water Heaters Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024)
13.3 Midea
13.3.1 Midea Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.3.2 Midea Residential Water Heaters Product Portfolio
13.3.3 Midea Residential Water Heaters Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024)
13.4 Rheem
13.4.1 Rheem Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.4.2 Rheem Residential Water Heaters Product Portfolio
13.4.3 Rheem Residential Water Heaters Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024)
13.5 Calorex (Ariston Thermo)
13.5.1 Calorex (Ariston Thermo) Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.5.2 Calorex (Ariston Thermo) Residential Water Heaters Product Portfolio
13.5.3 Calorex (Ariston Thermo) Residential Water Heaters Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024)
13.6 Whirlpool
13.6.1 Whirlpool Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.6.2 Whirlpool Residential Water Heaters Product Portfolio
13.6.3 Whirlpool Residential Water Heaters Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024)
13.7 Stiebel Eltron
13.7.1 Stiebel Eltron Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.7.2 Stiebel Eltron Residential Water Heaters Product Portfolio
13.7.3 Stiebel Eltron Residential Water Heaters Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024)
13.8 Noritz
13.8.1 Noritz Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.8.2 Noritz Residential Water Heaters Product Portfolio
13.8.3 Noritz Residential Water Heaters Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024)
13.9 Zhejiang Jiadele Technology Co
13.9.1 Zhejiang Jiadele Technology Co Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.9.2 Zhejiang Jiadele Technology Co Residential Water Heaters Product Portfolio
13.9.3 Zhejiang Jiadele Technology Co Residential Water Heaters Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024)
13.10 Bosch
13.10.1 Bosch Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.10.2 Bosch Residential Water Heaters Product Portfolio
13.10.3 Bosch Residential Water Heaters Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024)
13.11 GREE
13.11.1 GREE Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.11.2 GREE Residential Water Heaters Product Portfolio
13.11.3 GREE Residential Water Heaters Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024)
13.12 Bradford White
13.12.1 Bradford White Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.12.2 Bradford White Residential Water Heaters Product Portfolio
13.12.3 Bradford White Residential Water Heaters Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024)
13.13 EcoSmart
13.13.1 EcoSmart Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.13.2 EcoSmart Residential Water Heaters Product Portfolio
13.13.3 EcoSmart Residential Water Heaters Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024)
13.14 Vanward
13.14.1 Vanward Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.14.2 Vanward Residential Water Heaters Product Portfolio
13.14.3 Vanward Residential Water Heaters Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024)
13.15 Haier
13.15.1 Haier Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.15.2 Haier Residential Water Heaters Product Portfolio
13.15.3 Haier Residential Water Heaters Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024)
14 Industry Chain Analysis
14.1 Residential Water Heaters Industry Chain Analysis
14.2 Residential Water Heaters Industry Upstream Supply Analysis
14.2.1 Upstream Key Raw Material Supply Analysis
14.2.2 Raw Material Suppliers and Contact Information
14.3 Residential Water Heaters Typical Downstream Customers
14.4 Residential Water Heaters Sales Channel Analysis
15 Research Findings and Conclusion
16 Methodology and Data Source
16.1 Methodology/Research Approach
16.2 Research Scope
16.3 Benchmarks and Assumptions
16.4 Date Source
16.4.1 Primary Sources
16.4.2 Secondary Sources
16.5 Data Cross Validation
16.6 Disclaimer

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