Global Water Heater Competitive Landscape Professional Research Report 2024

Global Water Heater Competitive Landscape Professional Research Report 2024



Research Summary

A water heater is a household appliance or system used to heat water for various domestic purposes, such as bathing, cooking, cleaning, and space heating. Water heaters are typically powered by electricity, natural gas, propane, or solar energy, and they come in different types, including tankless (on-demand) water heaters and tank-type water heaters. Tankless water heaters heat water directly without the need for a storage tank, providing hot water on demand and offering energy savings by eliminating standby heat loss. Tank-type water heaters store a volume of hot water in an insulated tank and maintain it at a set temperature until needed, releasing hot water when a tap or fixture is turned on. Water heaters are essential for providing a reliable and consistent supply of hot water for household use, and they play a crucial role in maintaining comfort and hygiene in residential and commercial settings. Regular maintenance and proper installation are essential to ensure the efficiency, safety, and longevity of water heater systems.

According to DIResearch's in-depth investigation and research, the global Water Heater 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 Water Heater include A. O. Smith Corporation, Ariston Thermo Group, State Industries, Bosch Thermotechnology, Bradford White, Siemens, Eemax, Electrolux, Ferroli, General Electric, GREE, Haier, HTP, Hubbell Incorporated, Midea Group, Noritz, Reliance Water Heater, Rheem Manufacturing 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 Water Heater. 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 Water Heater 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 Water Heater 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 Water Heater 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 Water Heater Include:

A. O. Smith Corporation

Ariston Thermo Group

State Industries

Bosch Thermotechnology

Bradford White

Siemens

Eemax

Electrolux

Ferroli

General Electric

GREE

Haier

HTP

Hubbell Incorporated

Midea Group

Noritz

Reliance Water Heater

Rheem Manufacturing

Water Heater Product Segment Include:

Solar Water Heater

Instant Water Heater

Storage Water Heater

Others

Water Heater Product Application Include:

College & University

Office

Government & Military

Others

Chapter Scope

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

Chapter 2: Global Water Heater Industry PESTEL Analysis

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

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

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

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

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

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

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

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

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

Chapter 12: Global Water Heater 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 Water Heater Market Overview
1.1 Product Definition and Statistical Scope
1.2 Water Heater Product by Type
1.2.1 Global Water Heater Market Size by Type, 2023 VS 2024 VS 2030
1.2.2 Solar Water Heater
1.2.3 Instant Water Heater
1.2.4 Storage Water Heater
1.2.5 Others
1.3 Water Heater Product by Application
1.3.1 Global Water Heater Market Size by Application, 2023 VS 2024 VS 2030
1.3.2 College & University
1.3.3 Office
1.3.4 Government & Military
1.3.5 Others
1.4 Global Water Heater Market Revenue and Sales Analysis
1.4.1 Global Water Heater Market Size Analysis (2019-2030)
1.4.2 Global Water Heater Market Sales Analysis (2019-2030)
1.4.3 Global Water Heater Market Sales Price Trend Analysis (2019-2030)
1.5 Water Heater Market Development Status and Trends
1.5.1 Water Heater Industry Development Status Analysis
1.5.2 Water Heater Industry Development Trends Analysis
2 Water Heater 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 Water Heater 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 Water Heater Market Analysis by Regions
4.1 Water Heater Overall Market: 2023 VS 2024 VS 2030
4.2 Global Water Heater Revenue and Forecast Analysis (2019-2030)
4.2.1 Global Water Heater Revenue and Market Share by Region (2019-2024)
4.2.2 Global Water Heater Revenue Forecast by Region (2025-2030)
4.3 Global Water Heater Sales and Forecast Analysis (2019-2030)
4.3.1 Global Water Heater Sales and Market Share by Region (2019-2024)
4.3.2 Global Water Heater Sales Forecast by Region (2025-2030)
4.4 Global Water Heater Sales Price Trend Analysis (2019-2030)
5 Global Water Heater Market Size by Type and Application
5.1 Global Water Heater Market Size by Type
5.1.1 Global Water Heater Revenue and Forecast Analysis by Type (2019-2030)
5.1.2 Global Water Heater Sales and Forecast Analysis by Type (2019-2030)
5.2 Global Water Heater Market Size by Application
5.2.1 Global Water Heater Revenue and Forecast Analysis by Application (2019-2030)
5.2.2 Global Water Heater Sales and Forecast Analysis by Application (2019-2030)
6 North America
6.1 North America Water Heater Market Size and Growth Rate Analysis (2019-2030)
6.2 North America Key Manufacturers Analysis
6.3 North America Water Heater Market Size by Type
6.3.1 North America Water Heater Sales by Type (2019-2030)
6.3.2 North America Water Heater Revenue by Type (2019-2030)
6.4 North America Water Heater Market Size by Application
6.4.1 North America Water Heater Sales by Application (2019-2030)
6.4.2 North America Water Heater Revenue by Application (2019-2030)
6.5 North America Water Heater Market Size by Country
6.5.1 US
6.5.2 Canada
7 Europe
7.1 Europe Water Heater Market Size and Growth Rate Analysis (2019-2030)
7.2 Europe Key Manufacturers Analysis
7.3 Europe Water Heater Market Size by Type
7.3.1 Europe Water Heater Sales by Type (2019-2030)
7.3.2 Europe Water Heater Revenue by Type (2019-2030)
7.4 Europe Water Heater Market Size by Application
7.4.1 Europe Water Heater Sales by Application (2019-2030)
7.4.2  Europe Water Heater Revenue by Application (2019-2030)
7.5 Europe Water Heater 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 Water Heater Market Size and Growth Rate Analysis (2019-2030)
8.2 China Key Manufacturers Analysis
8.3 China Water Heater Market Size by Type
8.3.1 China Water Heater Sales by Type (2019-2030)
8.3.2 China Water Heater Revenue by Type (2019-2030)
8.4 China Water Heater Market Size by Application
8.4.1 China Water Heater Sales by Application (2019-2030)
8.4.2 China Water Heater Revenue by Application (2019-2030)
9 APAC (excl. China)
9.1 APAC (excl. China) Water Heater Market Size and Growth Rate Analysis (2019-2030)
9.2 APAC (excl. China) Key Manufacturers Analysis
9.3 APAC (excl. China) Water Heater Market Size by Type
9.3.1 APAC (excl. China) Water Heater Sales by Type (2019-2030)
9.3.2 APAC (excl. China) Water Heater Revenue by Type (2019-2030)
9.4 APAC (excl. China) Water Heater Market Size by Application
9.4.1 APAC (excl. China) Water Heater Sales by Application (2019-2030)
9.4.2 APAC (excl. China) Water Heater Revenue by Application (2019-2030)
9.5 APAC (excl. China) Water Heater 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 Water Heater Market Size and Growth Rate Analysis (2019-2030)
10.2 Latin America Key Manufacturers Analysis
10.3 Latin America Water Heater Market Size by Type
10.3.1 Latin America Water Heater Sales by Type (2019-2030)
10.3.2 Latin America Water Heater Revenue by Type (2019-2030)
10.4 Latin America Water Heater Market Size by Application
10.4.1 Latin America Water Heater Sales by Application (2019-2030)
10.4.2 Latin America Water Heater Revenue by Application (2019-2030)
10.5 Latin America Water Heater Market Size by Country
10.5.1 Mexico
10.5.2 Brazil
11 Middle East & Africa
11.1 Middle East & Africa Water Heater Market Size and Growth Rate Analysis (2019-2030)
11.2 Middle East & Africa Key Manufacturers Analysis
11.3 Middle East & Africa Water Heater Market Size by Type
11.3.1 Middle East & Africa Water Heater Sales by Type (2019-2030)
11.3.2 Middle East & Africa Water Heater Revenue by Type (2019-2030)
11.4 Middle East & Africa Water Heater Market Size by Application
11.4.1 Middle East & Africa Water Heater Sales by Application (2019-2030)
11.4.2 Middle East & Africa Water Heater Revenue by Application (2019-2030)
11.5 Middle East & Africa Water Heater Market Size by Country
11.5.1 Saudi Arabia
11.5.2 South Africa
12 Competition by Manufacturers
12.1 Global Water Heater Market Sales, Revenue and Price by Key Manufacturers (2020-2024)
12.1.1 Global Water Heater Market Sales by Key Manufacturers (2020-2024)
12.1.2 Global Water Heater Market Revenue by Key Manufacturers (2020-2024)
12.1.3 Global Water Heater Average Sales Price by Manufacturers (2020-2024)
12.2 Water Heater Competitive Landscape Analysis and Market Dynamic
12.2.1 Water Heater 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 A. O. Smith Corporation
13.1.1 A. O. Smith Corporation Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.1.2 A. O. Smith Corporation Water Heater Product Portfolio
13.1.3 A. O. Smith Corporation Water Heater Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024)
13.2 Ariston Thermo Group
13.2.1 Ariston Thermo Group Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.2.2 Ariston Thermo Group Water Heater Product Portfolio
13.2.3 Ariston Thermo Group Water Heater Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024)
13.3 State Industries
13.3.1 State Industries Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.3.2 State Industries Water Heater Product Portfolio
13.3.3 State Industries Water Heater Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024)
13.4 Bosch Thermotechnology
13.4.1 Bosch Thermotechnology Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.4.2 Bosch Thermotechnology Water Heater Product Portfolio
13.4.3 Bosch Thermotechnology Water Heater Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024)
13.5 Bradford White
13.5.1 Bradford White Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.5.2 Bradford White Water Heater Product Portfolio
13.5.3 Bradford White Water Heater Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024)
13.6 Siemens
13.6.1 Siemens Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.6.2 Siemens Water Heater Product Portfolio
13.6.3 Siemens Water Heater Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024)
13.7 Eemax
13.7.1 Eemax Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.7.2 Eemax Water Heater Product Portfolio
13.7.3 Eemax Water Heater Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024)
13.8 Electrolux
13.8.1 Electrolux Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.8.2 Electrolux Water Heater Product Portfolio
13.8.3 Electrolux Water Heater Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024)
13.9 Ferroli
13.9.1 Ferroli Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.9.2 Ferroli Water Heater Product Portfolio
13.9.3 Ferroli Water Heater Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024)
13.10 General Electric
13.10.1 General Electric Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.10.2 General Electric Water Heater Product Portfolio
13.10.3 General Electric Water Heater 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 Water Heater Product Portfolio
13.11.3 GREE Water Heater Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024)
13.12 Haier
13.12.1 Haier Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.12.2 Haier Water Heater Product Portfolio
13.12.3 Haier Water Heater Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024)
13.13 HTP
13.13.1 HTP Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.13.2 HTP Water Heater Product Portfolio
13.13.3 HTP Water Heater Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024)
13.14 Hubbell Incorporated
13.14.1 Hubbell Incorporated Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.14.2 Hubbell Incorporated Water Heater Product Portfolio
13.14.3 Hubbell Incorporated Water Heater Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024)
13.15 Midea Group
13.15.1 Midea Group Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.15.2 Midea Group Water Heater Product Portfolio
13.15.3 Midea Group Water Heater Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024)
13.16 Noritz
13.16.1 Noritz Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.16.2 Noritz Water Heater Product Portfolio
13.16.3 Noritz Water Heater Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024)
13.17 Reliance Water Heater
13.17.1 Reliance Water Heater Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.17.2 Reliance Water Heater Water Heater Product Portfolio
13.17.3 Reliance Water Heater Water Heater Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024)
13.18 Rheem Manufacturing
13.18.1 Rheem Manufacturing Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.18.2 Rheem Manufacturing Water Heater Product Portfolio
13.18.3 Rheem Manufacturing Water Heater Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024)
14 Industry Chain Analysis
14.1 Water Heater Industry Chain Analysis
14.2 Water Heater Industry Upstream Supply Analysis
14.2.1 Upstream Key Raw Material Supply Analysis
14.2.2 Raw Material Suppliers and Contact Information
14.3 Water Heater Typical Downstream Customers
14.4 Water Heater 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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