Global Steam Water Heater Market Growth 2025-2031

Global Steam Water Heater Market Growth 2025-2031

The global Steam Water Heater market size is predicted to grow from US$ 92.1 million in 2025 to US$ 110 million in 2031; it is expected to grow at a CAGR of 3.0% from 2025 to 2031.

The steam water heater system consists of two major components: a heat exchanger and a blending valve. The interaction of these two components provides instantaneous and continuous hot water, given a steady supply of steam and inlet water. The heat exchanger has inputs of steam and cold water that enter and stay separate via a coil or pipe system. The thermal difference of the two increases the temperature of the water, which is output to the blending valve. The thermal decline of the steam causes it to condense into water, which is then drained out.

Global Steam Water Heater key players include Armstrong, Patterson Kelley, PVI Industries, Hubbell Electric Heater, Spirax Sarco, etc. Global top five manufacturers hold a share nearly 45%.

North America is the largest market, with a share over 70%, followed by Asia-Pacific, and Europe, both have a share about 25 percent.

In terms of product, Semi-instantaneous is the largest segment, with a share about 45%. And in terms of application, the largest application is Buildings and Hotels, followed by Hospitals, Schools, Food and Beverage Industrial, etc.

LP Information, Inc. (LPI) ' newest research report, the “Steam Water Heater Industry Forecast” looks at past sales and reviews total world Steam Water Heater sales in 2024, providing a comprehensive analysis by region and market sector of projected Steam Water Heater sales for 2025 through 2031. With Steam Water Heater sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Steam Water Heater industry.

This Insight Report provides a comprehensive analysis of the global Steam 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 Steam Water Heater portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Steam Water Heater market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Steam 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 Steam Water Heater.

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

Segmentation by Type:
Instantaneous Steam Water Heater
Semi-instantaneous Steam Water Heater
Storage Steam Water Heater

Segmentation by Application:
Hospitals
Food and Beverage Industrial
Schools
Buildings and Hotels
Others

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 analysing the company's coverage, product portfolio, its market penetration.
Spirax Sarco
Armstrong
Patterson Kelley
PVI Industries
Hubbell Electric Heater
AERCO
Leslie Controls
Graham
Yoshitake
Haws
Watson McDaniel
Diversified Heat Transfer
TLV
Reco
ThermaFlo Incorporated
Shanghai Taixing

Key Questions Addressed in this Report

What is the 10-year outlook for the global Steam Water Heater market?

What factors are driving Steam Water Heater market growth, globally and by region?

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

How do Steam Water Heater market opportunities vary by end market size?

How does Steam Water Heater break out by Type, by Application?

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