Global Commercial Water Heaters Market Insights, Forecast to 2030

Global Commercial Water Heaters Market Insights, Forecast to 2030

Global Commercial Water Heaters market size in terms of revenue is projected to reach 14,012.56 million USD by 2030 from 9,548.69 million USD in 2023, with a CAGR 4.96% during 2024-2030. Global Commercial Water Heaters market size in terms of sales is projected to reach 8,859.85 k Units by 2030 from 5,978.99 k Units in 2023, with a CAGR 5.76% during 2024-2030.

North America market for Commercial Water Heaters is estimated to increase from 2,404.80 million USD in 2023 to reach 3,320.31 million USD by 2030, at a CAGR of 3.40% during the forecast period of 2024 through 2030.

Europe market for Commercial Water Heaters is estimated to increase from 2,415.68 million USD in 2023 to reach 3,133.70 million USD by 2030, at a CAGR of 3.41% during the forecast period of 2024 through 2030.

Asia-Pacific market for Commercial Water Heaters is estimated to increase from 3,945.26 million USD in 2023 to reach 6,412.98 million USD by 2030, at a CAGR of 6.61% during the forecast period of 2024 through 2030.

Latin America market for Commercial Water Heaters is estimated to increase from 389.49 million USD in 2023 to reach 551.84 million USD by 2030, at a CAGR of 5.22% during the forecast period of 2024 through 2030.

Middle East and Africa market for Commercial Water Heaters is estimated to increase from 393.46 million USD in 2023 to reach 593.73 million USD by 2030, at a CAGR of 5.82% during the forecast period of 2024 through 2030.

The major global manufacturers of Commercial Water Heaters include A. O. Smith, Rinnai, Paloma, Midea, Ariston Thermo, Haier, Whirlpool, Noritz, Daikin, Gree, etc. In 2023, the world's top five vendors accounted for approximately 34.45% of the revenue.

In terms of production side, this report researches the Commercial Water Heaters production, growth rate, market share by manufacturers and by region (region level and country level), from 2019 to 2024, and forecast to 2030.

In terms of consumption side, this report focuses on the sales of Commercial Water Heaters by region (region level and country level), by company, by Type and by Application. from 2019 to 2024 and forecast to 2030.

This report presents an overview of global market for Commercial Water Heaters, capacity, output, revenue and price. Analyses of the global market trends, with historic market revenue/sales data for 2019 - 2024, estimates for 2024, and projections of CAGR through 2030.

This report researches the key producers of Commercial Water Heaters, also provides the consumption of main regions and countries. Highlights of the upcoming market potential for Commercial Water Heaters, and key regions/countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.

This report focuses on the Commercial Water Heaters sales, revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the global Commercial Water Heaters market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

This report analyzes the segments data by Type and by Application, sales, revenue, and price, from 2019 to 2030. Evaluation and forecast the market size for Commercial Water Heaters sales, projected growth trends, production technology, application and end-user industry.

Descriptive company profiles of the major global players, including A. O. Smith, Rinnai, Paloma, Midea, Ariston Thermo, Haier, Whirlpool, Noritz, and Daikin, etc.

Market Segmentation

By Company

A. O. Smith

Rinnai

Paloma

Midea

Ariston Thermo

Haier

Whirlpool

Noritz

Daikin

Gree

Bradford White

Bosch

Mitsubishi Electric

Mayekawa

Navien

Intellihot

Showa Manufacturing

Purpose Co

Itomic

Guangdong Vanward New Electric

Ferroli

JNOD

Seiwa Industrial

Segment by Type

Gas Water Heater

Electric Water Heater

Heat Pump Water Heater

Oil Fired Water Heater

Solar Water Heater

Others

Segment by Application

Hotel and Restaurant

Food Service

School

Hospital

Office

Gym

Healthcare Facility

Others

Production by Region

North America

Europe

China

Japan

Sales by Region

North America

U.S.

Canada

Asia-Pacific

China

Japan

South Korea

Southeast Asia

India

Australia

Europe

Germany

France

U.K.

Italy

Russia

Middle East, Africa, Latin America

Saudi Arabia

UAE

Egypt

South Africa

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type and by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 2: Commercial Water Heaters production/output of global and key producers (regions/countries). It provides a quantitative analysis of the production, and development potential of each producer in the next six years.

Chapter 3: Sales (consumption), revenue of Commercial Water Heaters in global, regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 4: Detailed analysis of Commercial Water Heaters manufacturers competitive landscape, price, sales, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.

Chapter 5: Provides the analysis of various market segments by Type, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 6: Provides the analysis of various market segments by Application, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 7 North America (US & Canada) by Type, by Application and by country, sales, and revenue for each segment.

Chapter 8: Europe by Type, by Application and by country, sales, and revenue for each segment.

Chapter 9: Asia-Pacific by Type, by Application and by region, sales, and revenue for each segment.

Chapter 10: Latin America by Type, by Application, sales, and revenue for each segment.

Chapter 11: Middle East, Africa by Type, by Application, sales, and revenue for each segment.

Chapter 12: Provides profiles of key manufacturers, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Commercial Water Heaters sales, revenue, price, gross margin, and recent development, etc.

Chapter 13: Analysis of industrial chain, sales channel, key raw materials, distributors and customers.

Chapter 14: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 15: The main points and conclusions of the report.