Global Smart Connected Residential Water Heater Market Growth 2024-2030

Global Smart Connected Residential Water Heater Market Growth 2024-2030

Smart connected residential water heaters are used to increase the temperature of water for household usage and can be operated from smartphones and Others Internet-enabled devices through the Internet. Users can control and monitor these through specific mobile applications by using wireless connections such as Wi-Fi, NFC, and Bluetooth technologies.

The global Smart Connected Residential Water Heater market size is projected to grow from US$ million in 2023 to US$ million in 2030; it is expected to grow at a CAGR of % from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Smart Connected Residential Water Heater Industry Forecast” looks at past sales and reviews total world Smart Connected Residential Water Heater sales in 2023, providing a comprehensive analysis by region and market sector of projected Smart Connected Residential Water Heater sales for 2024 through 2030. With Smart Connected Residential Water Heater sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Smart Connected Residential Water Heater industry.

This Insight Report provides a comprehensive analysis of the global Smart Connected Residential Water Heater landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Smart Connected Residential Water Heater portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Smart Connected Residential Water Heater market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Smart Connected Residential Water Heater and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Smart Connected Residential Water Heater.

The Wi-Fi segment accounted for the major shares of the smart connected residential water heater market. Factors such as the increasing adoption of Wi-Fi enabled smart water heaters in developed countries and the rise in usage of smartphones, will contribute to the growth of this industry segment in the coming years.

This report presents a comprehensive overview, market shares, and growth opportunities of Smart Connected Residential Water Heater market by product type, application, key manufacturers and key regions and countries.

Segmentation by type
Wi-Fi
Bluetooth
Others

Segmentation by application
Online Channel
Offline Channel

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
A.O.Smith
Robert Bosch
Whirlpool
Rheem Manufacturing
Haier
Midea Group
Rinnai

Key Questions Addressed in this Report

What is the 10-year outlook for the global Smart Connected Residential Water Heater market?

What factors are driving Smart Connected Residential Water Heater market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Smart Connected Residential Water Heater market opportunities vary by end market size?

How does Smart Connected Residential Water Heater break out type, application?

Please note: The report will take approximately 2 business days to prepare and deliver.