Global Water Heater Market Assessment, By Storage [Tank Storage, Tankless, Hybrid/Heat Pump], By Power Source [Electric, Solar, Gas, Others], By Capacity [Less Than 50 Litres, 50 Litres to 150 Litres, 150 Litres to 300 Litres, More than 300 Litres], By End-user [Domestic/Residential; Commercial-Hotels and Restaurants, Hospital and Clinics, Hostels, Dormitories & Guest Houses, Salon and Spa Services, Health Clubs and Sports Complex, Others; Industrial], By Sales Channel [Online; Offline-Multi-Brand Stores, Brand Stores/ Kiosks, Others], By Distribution Channel [Original Equipment Manufacturers (OEMs), Distributors and Dealers, Wholesalers and Retailers], By Region, Opportunities and Forecast, 2016-2030F
Global Water Heater Market size was valued at USD 25.29 billion in 2022 which is expected to reach USD 35.92 billion in 2030.
Home>Industry Reports>Global Water Heater Market Assessment, Opportunities and Forecast, 2016-2030F
The global market for water heaters is significantly growing and evolving owing to the rising demand for hot water for residential applications such as bathing, washing, and cooking. In addition to residential water heaters, the need for hot water in sectors including hospitality, healthcare, and food service is driving market expansion for commercial water heaters. Global Water Heater Market size was valued at USD 25.29 billion in 2022 which is expected to reach USD 35.92 billion in 2030. Additionally, the market is expected to grow at a CAGR of 4.48% for the forecast period between 2023 and 2030 due to factors including rising need for energy-efficient water heaters and emerging advanced technologies that have benefitted the expansion of the water heater market on a global level.
Furthermore, an increase in the number of residences, hotels, hospitals, and other buildings, as well as population growth and better infrastructure in rural regions, are some of the reasons that are fueling the growth of the worldwide water heater market. Also, in order to cut down on energy use and carbon emissions, several nations have enacted energy efficiency requirements and guidelines for equipment, including water heaters. Regions with a strong emphasis on energy efficiency and sustainability, such as Scandinavia, Germany, and certain states in the U.S. like California, have witnessed a growing demand for high-efficiency water heaters. Consumers in these areas prioritize eco-friendly options and often seek out water heaters that meet stringent energy efficiency standards, such as Energy Star certification. However, the expansion of the worldwide water heater market is anticipated to be hampered by rising power prices, high operating expenses, and technical problems related to water heaters.
Integration of Smart and Advanced Technology
The global water heater market is expanding because of technical improvements which provide customers with more convenience, and energy-efficiency alternatives. The integration of smart technology in water heaters is gaining momentum. Manufacturers are incorporating features such as Wi-Fi connectivity, mobile app controls, and smart home integration into their water heater models. In the upcoming years, manufacturers are expected to continue to thrive if they make investments in R&D to enhance their products and integrate them with cutting-edge technology.
For instance, Noritz specializes in producing a range of high-quality yet affordable tankless water heaters that represent great value for money. The company focuses on providing efficient and effective products to its customers. Its latest models are also compatible with the Noritz Wi-Fi Adapter, which can send data readouts directly to the customer’s smartphone and is marketed as the only such device that can be mounted both indoors and outside.
Increased Application in Commercial Settings
The demand for water heaters in the commercial industry is predicted to rise exponentially due to increasing government expenditure on the development of tourism and healthcare facilities, which would in turn considerably boost the number of water heater installations. Increased consumption of hot water in hospitals, hotels, spas, salons, restaurants and laundry setups drives the market growth. Moreover, the market is also predicted to expand because of the growing popularity of tankless systems in commercial settings. The total number of hotels worldwide is more than 7,00,000 and growing even higher with new inventory plans by international hospitality groups including Accor, IHG and Marriott. In December 2022, Marriott International Inc. announced its plan to introduce 35 new luxury hotels across the globe in 2023. Saudi Arabia is planning to increase the number of cafes from 258 per million of population to 1000 cafes as part of its Vision 2030 program. Booming real estate sector in India where the developers are going providing fully furnished units and growing number of washrooms and restrooms in residential spaces are leading to a higher demand for water heaters.
Government Regulations
Government regulations often focus on energy efficiency, safety standards, and environmental considerations. Labels or certifications, such as the CE mark in Europe, indicate that the product meets specific criteria and can help consumers make informed purchasing decisions. Furthermore, In India, Energy Efficiency and Renewable Energy Management Centre of Delhi introduced a Rs 6,000 rebate on the purchase of solar water heaters (SWH) for domestic consumers. SWHs cost roughly Rs 18,000 but save money in the long term because they do not require power. Moreover, the United States Department of Energy (DOE) has established energy efficiency standards for different types of water heaters. These standards are aimed at promoting the use of more efficient water heating technologies and reducing energy consumption. For storage tank water heaters, the DOE has set Energy Factor (EF) standards.
Rising Popularity of Tankless Water Heaters
Tankless water heaters have gained traction due to their energy efficiency and continuous hot water supply. With cost savings, space-saving design, and longer lifespans, many people are opting for environmentally friendly units. The majority of tankless water heaters have a lifespan of more than 20 years. They also contain easily replaceable parts, which allow them to last for many more years. Storage water heaters, on the other hand, have a lifespan of 10-15 years. According to the U.S. Department of Energy, tankless water heaters can be up to 24-34% more energy-efficient than storage tank models, leading to lower utility bills and reduced environmental impact. Whereas, in developing countries such as India, tankless water heater penetration is currently quite low. Acceptance and uptake will rise when the accompanying advantages reach end users. Growth over the next year is expected to be spectacular (51.7%), owing to low penetration and huge market size.
Increasing Demand for Solar Water Heaters in Sunbelt Regions
Sunbelt regions with ample sunshine, such as Southern U.S. states, parts of Europe, and Australia, have seen a rise in the adoption of solar water heaters. These systems utilize solar thermal collectors to harness solar energy for heating water. The availability of abundant sunlight makes solar water heaters a viable and eco-friendly option in these regions. Many companies offer solar water heaters to sunbelt regions. Rheem is a global manufacturer that offers a wide range of solar water heaters. Their products include both solar thermal collectors and complete solar water heating systems. Rheem provides solutions for residential, commercial, and industrial applications in various countries.
Impact of COVID-19
The COVID-19 outbreak had a conflicting effect on the global water heater market. The market was positively impacted by the rising demand for residential water heaters as per the stay-at-home orders and remote work. Moreover, the growth of water heaters is influenced by increased usage of water for showering and cleaning to prevent the spread of the virus. On the other hand, market expansion has been limited due to supply chain disruptions and diminished production capacity. Supply chain of main components used in manufacturing of water heaters like stainless steel and other casing components took an impact due to lockdown restriction which impacted overall market development.
Furthermore, reduced demand from the commercial sector as many commercial setups including hotels, restaurants, and offices were either closed or were operating at reduced capacity. Hence, Covid-19 had a considerable impact on Global Water Heater Market, nevertheless the market showed dramatic recovery as restrictions were lifted during the fall of 2020.
Impact of Russia-Ukraine War
The conflict between Russia and Ukraine has a variety of effects on the global water heater market. Russia provides a significant amount of the raw materials which is required to make water heaters, including steel and copper. Interruptions in the flow of these supplies from Russia to other nations have resulted in a scarcity of such raw resources and a rise in their cost, thereby limiting the supply and market expansion of water heaters.
Report Scope
Global Water Heater Market Assessment, Opportunities and Forecast, 2016-2030F”, is a comprehensive report by Markets and Data, providing in-depth analysis and qualitative & quantitative assessment of the current state of the Water Heater market globally, industry dynamics and challenges. The report includes market size, segmental shares, growth trends, COVID-19 and Russia-Ukraine war impact, opportunities and forecast between 2023 and 2030. Additionally, the report profiles the leading players in the industry mentioning their respective market share, business model, competitive intelligence, etc.
|
Report Attribute |
Details |
|
Base Year of the Analysis |
2022 |
|
Historical Period |
2016-2021 |
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Forecast Period |
2023-2030 |
|
Projected Growth Rate |
CAGR of 4.48% between 2023 and 2030 |
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Revenue Forecast in 2030 |
USD 35.92 billion |
|
Units |
Revenue in USD Billion |
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Segments Covered |
Storage, Power Source, Capacity, End-user, Sales Channel, and Distribution Channel |
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Regions Covered |
North America, Europe, South America, Asia-Pacific, Middle East and Africa |
|
Key Companies Profiled |
A. O. Smith Corporation, Rinnai Corporation, Toshiba Corporation, Rheem Manufacturing Company, Havells India Limited, Midea Group, Ferroli S.p.A., The Jaquar Group, Stiebel Eltron GmbH & Co., Noritz Corporation, Ariston Holding NV, Saudi Ceramic Company |
|
Customization Scope |
15% free report customization with purchase |
|
Pricing and Purchase Options |
Avail the customized purchase options to fulfil your precise research needs |
|
Delivery Format |
PDF and Excel through email (subject to the license purchased) |
In this report, Global Water Heater Market has been segmented into the following categories:
1. By Storage
1.1. Tank Storage
1.2. Tankless
1.3. Hybrid/Heat Pump
2. By Power Source
2.1. Electric
2.2. Solar
2.3. Gas
2.4. Others
3. By Capacity
3.1. Less Than 50 Litres
3.2. 50 Litres to 150 Litres
3.3. 150 Litres to 300 Litres
3.4. More than 300 Litres
4. By End-user
4.1. Domestic/ Residential
4.2. Commercial
4.2.1.Hotels and Restaurants
4.2.2.Hospital and Clinics
4.2.3.Hostels, Dormitories & Guest Houses
4.2.4.Salon and Spa Services
4.2.5.Health Clubs and Sports Complex
4.2.6.Others
4.3. Industrial
5. By Sales Channel
5.1. Online
5.2. Offline
5.2.1.Multi-Brand Stores
5.2.2.Brand Stores/Kiosks
5.2.3.Others
6. By Distribution Channel
6.1. Original Equipment Manufacturers (OEMs)
6.2. Distributors and Dealers
6.3. Wholesalers and Retailers
7. By Region
7.1. North America
7.2. Europe
7.3. South America
7.4. Asia-Pacific
7.5. Middle East and Africa
Key Players Landscape and Outlook
Water heater manufacturers across globe are continuously involved in research and development to improve their products and integrate with new technologies like Internet of Things(IoT) to sustain growth and market expansion. For instance, Rheem, a leading manufacturer of water heaters, introduced a line of smart water heaters integrated with their EcoNet technology. These water heaters allow users to remotely control and monitor their devices through a mobile app, providing features such as temperature adjustment, energy monitoring, and leak detection. Similarly, A. O. Smith, a water heating and water treatment industry pioneer, announces the addition of the Voltex AL (anti-leak) hybrid electric heat pump water heater to its home product line. The model tops the water heating market in efficiency, with the 66-gallon unit having the greatest overall Uniform Energy Factor (UEF) of 4.02 and the 50-gallon unit having the highest UEF of 3.8. It's also available in an 80-gallon version. Utilization of pump technology to extract heat from the air and transfer it to the water, making them highly energy efficient.
Key Players Operating in Global Water Heater Market
- A.O. Smith Corporation
- Rinnai Corporation
- Toshiba Corporation
- Rheem Manufacturing Company
- Havells India Limited
- Midea Group
- Ferroli S.p.A.
- The Jaquar Group
- Stiebel Eltron GmbH & Co.
- Noritz Corporation
- Ariston Holding NV
- Saudi Ceramic Company
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Table of Contents
1. Research Methodology
2. Project Scope & Definitions
3. Impact of COVID-19
4. Impact of Russia-Ukraine War
5. Executive Summary
6. Voice of Customer
6.1. Demographics (Geography, Income, etc.)
6.2. Product and Market Intelligence
6.3. Factors Considered in Purchase Decision
6.3.1.Costs Involved
6.3.2.Purpose of Application
6.3.3.Product Specifications
6.3.4.Energy Efficiency
6.3.5.Lifespan
6.3.6.After-Sales Services & Maintenance
6.3.7.Reviews and Recommendations
6.4. Purchase Behaviour Analysis
6.4.1.Medium of Purchase
6.4.2.Existing/Intended Purchase
6.5. Role of Brand Ambassador or Influencer Marketing on Product/Brand Absorption
7. Global Water Heater Market Outlook, 2016-2030F
7.1. Market Size & Forecast
7.1.1.By Value
7.1.2.By Volume
7.2. By Storage
7.2.1.Tank Storage
7.2.2.Tankless
7.2.3.Hybrid/Heat Pump
7.3. By Power Source
7.3.1.Electric
7.3.2.Solar
7.3.3.Gas
7.3.4.Others
7.4. By Capacity
7.4.1.Less Than 50 Litres
7.4.2.50 Litres to 150 Litres
7.4.3.150 Litres to 300 Litres
7.4.4.More than 300 Litres
7.5. By End-user
7.5.1.Domestic/ Residential
7.5.2.Commercial
7.5.2.1. Hotels and Restaurants
7.5.2.2. Hospital and Clinics
7.5.2.3. Hostels, Dormitories & Guest Houses
7.5.2.4. Salon and Spa Services
7.5.2.5. Health Clubs and Sports Complex
7.5.2.6. Others
7.5.3.Industrial
7.6. By Sales Channel
7.6.1.Online
7.6.2.Offline
7.6.2.1. Multi-Brand Stores
7.6.2.2. Brand Stores/ Kiosks
7.6.2.3. Others
7.7. By Distribution Channel
7.7.1.Original Equipment Manufacturers (OEMs)
7.7.2.Distributors and Dealers
7.7.3.Wholesalers and Retailers
7.8. By Region
7.8.1.North America
7.8.2.Europe
7.8.3.South America
7.8.4.Asia-Pacific
7.8.5.Middle East and Africa
7.9. By Company Market Share (%), 2022
8. Global Water Heater Market Outlook, By Region, 2016-2030F
8.1. North America*
8.1.1.By Storage
8.1.1.1. Tank Storage
8.1.1.2. Tankless
8.1.1.3. Hybrid/Heat Pump
8.1.2.By Power Source
8.1.2.1. Electric
8.1.2.2. Solar
8.1.2.3. Gas
8.1.2.4. Others
8.1.3.By Capacity
8.1.3.1. Less Than 50 Litres
8.1.3.2. 50 Litres to 150 Litres
8.1.3.3. 150 Litres to 300 Litres
8.1.3.4. More than 300 Litres
8.1.4.By End-user
8.1.4.1. Domestic/ Residential
8.1.4.2. Commercial
8.1.4.2.1. Hotels and Restaurants
8.1.4.2.2. Hospital and Clinics
8.1.4.2.3. Hostels, Dormitories & Guest Houses
8.1.4.2.4. Salon and Spa Services
8.1.4.2.5. Health Clubs and Sports Complex
8.1.4.2.6. Others
8.1.4.3. Industrial
8.1.5.By Sales Channel
8.1.5.1. Online
8.1.5.2. Offline
8.1.5.2.1. Multi-Brand Stores
8.1.5.2.2. Brand Stores/ Kiosks
8.1.5.2.3. Others
8.1.6.By Distribution Channel
8.1.6.1. Original Equipment Manufacturers (OEMs)
8.1.6.2. Distributors and Dealers
8.1.6.3. Wholesalers and Retailers
8.1.7.United States*
8.1.7.1. By Storage
8.1.7.1.1. Tank Storage
8.1.7.1.2. Tankless
8.1.7.1.3. Hybrid/Heat Pump
8.1.7.2. By Power Source
8.1.7.2.1. Electric
8.1.7.2.2. Solar
8.1.7.2.3. Gas
8.1.7.2.4. Others
8.1.7.3. By Capacity
8.1.7.3.1. Less Than 50 Litres
8.1.7.3.2. 50 Litres to 150 Litres
8.1.7.3.3. 150 Litres to 300 Litres
8.1.7.3.4. More than 300 Litres
8.1.7.4. By End-user
8.1.7.4.1. Domestic/ Residential
8.1.7.4.2. Commercial
8.1.7.4.2.1. Hotels and Restaurants
8.1.7.4.2.2. Hospital and Clinics
8.1.7.4.2.3. Hostels, Dormitories & Guest Houses
8.1.7.4.2.4. Salon and Spa Services
8.1.7.4.2.5. Health Clubs and Sports Complex
8.1.7.4.2.6. Others
8.1.7.4.3. Industrial
8.1.7.5. By Sales Channel
8.1.7.5.1. Online
8.1.7.5.2. Offline
8.1.7.5.2.1. Multi-Brand Stores
8.1.7.5.2.2. Brand Stores/ Kiosks
8.1.7.5.2.3. Others
8.1.7.6. By Distribution Channel
8.1.7.6.1. Original Equipment Manufacturers (OEMs)
8.1.7.6.2. Distributors and Dealers
8.1.7.6.3. Wholesalers and Retailers
8.1.8.Canada
8.1.9.Mexico
*All segments will be provided for all regions and countries covered
8.2. Europe
8.2.1.Germany
8.2.2.France
8.2.3.Italy
8.2.4.United Kingdom
8.2.5.Russia
8.2.6.Netherlands
8.2.7.Spain
8.2.8.Turkey
8.2.9.Poland
8.3. South America
8.3.1.Brazil
8.3.2.Argentina
8.4. Asia-Pacific
8.4.1.India
8.4.2.China
8.4.3.Japan
8.4.4.Australia
8.4.5.Vietnam
8.4.6.South Korea
8.4.7.Indonesia
8.4.8.Philippines
8.5. Middle East & Africa
8.5.1.Saudi Arabia
8.5.2.UAE
8.5.3.South Africa
9. Market Mapping, 2022
9.1. By Storage
9.2. By Power Source
9.3. By Capacity
9.4. By End-user
9.5. By Sales Channel
9.6. By Distribution Channel
9.7. By Region
10. Macro Environment and Industry Structure
10.1. Supply Demand Analysis
10.2. Import Export Analysis – Volume and Value
10.3. Supply/Value Chain Analysis
10.4. PESTEL Analysis
10.4.1. Political Factors
10.4.2. Economic System
10.4.3. Social Implications
10.4.4. Technological Advancements
10.4.5. Environmental Impacts
10.4.6. Legal Compliances and Regulatory Policies (Statutory Bodies Included)
10.5. Porter’s Five Forces Analysis
10.5.1. Supplier Power
10.5.2. Buyer Power
10.5.3. Substitution Threat
10.5.4. Threat from New Entrant
10.5.5. Competitive Rivalry
11. Market Dynamics
11.1. Growth Drivers
11.2. Growth Inhibitors (Challenges, Restraints)
12. Key Players Landscape
12.1. Competition Matrix of Top Five Market Leaders
12.2. Market Revenue Analysis of Top Five Market Leaders (in %, 2022)
12.3. Mergers and Acquisitions/Joint Ventures (If Applicable)
12.4. SWOT Analysis (For Five Market Players)
12.5. Patent Analysis (If Applicable)
13. Pricing Analysis
14. Case Studies
15. Key Players Outlook
15.1. A. O. Smith Corporation
15.1.1. Company Details
15.1.2. Key Management Personnel
15.1.3. Products & Services
15.1.4. Financials (As reported)
15.1.5. Key Market Focus & Geographical Presence
15.1.6. Recent Developments
15.2. Rinnai Corporation
15.3. Toshiba Corporation
15.4. Rheem Manufacturing Company
15.5. Havells India Limited
15.6. Midea Group
15.7. Ferroli S.p.A.
15.8. The Jaquar Group
15.9. Stiebel Eltron GmbH & Co.
15.10. Noritz Corporation
15.11. Ariston Holding NV
15.12. Saudi Ceramic Company
*Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work
16. Strategic Recommendations
17. About Us & Disclaimer
List of Figures
Figure 1. Global Water Heater Market, By Value, In USD Billion, 2016-2030F
Figure 2. Global Water Heater Market, By Volume, In Units Thousand, 2016-2030F
Figure 3. Global Water Heater Market Share, By Storage, In USD Billion, 2016-2030F
Figure 4. Global Water Heater Market Share, By Power Source, In USD Billion, 2016-2030F
Figure 5. Global Water Heater Market Share, By Capacity, In USD Billion, 2016-2030F
Figure 6. Global Water Heater Market Share, By End-user, In USD Billion, 2016-2030F
Figure 7. Global Water Heater Market Share, By Sales Channel, In USD Billion, 2016-2030F
Figure 8. Global Water Heater Market Share, By Distribution Channel, In USD Billion, 2016-2030F
Figure 9. Global Water Heater Market Share, By Region, In USD Billion, 2016-2030F
Figure 10. North America Water Heater Market, By Value, In USD Billion, 2016-2030F
Figure 11. North America Water Heater Market, By Volume, In Units Thousand, 2016-2030F
Figure 12. North America Water Heater Market Share, By Storage, In USD Billion, 2016-2030F
Figure 13. North America Water Heater Market Share, By Power Source, In USD Billion, 2016-2030F
Figure 14. North America Water Heater Market Share, By Capacity, In USD Billion, 2016-2030F
Figure 15. North America Water Heater Market Share, By End-user, In USD Billion, 2016-2030F
Figure 16. North America Water Heater Market Share, By Sales Channel, In USD Billion, 2016-2030F
Figure 17. North America Water Heater Market Share, By Distribution Channel, In USD Billion, 2016-2030F
Figure 18. North America Water Heater Market Share, By Country, In USD Billion, 2016-2030F
Figure 19. United States Water Heater Market, By Value, In USD Billion, 2016-2030F
Figure 20. United States Water Heater Market, By Volume, In Units Thousand, 2016-2030F
Figure 21. United States Water Heater Market Share, By Storage, In USD Billion, 2016-2030F
Figure 22. United States Water Heater Market Share, By Power Source, In USD Billion, 2016-2030F
Figure 23. United States Water Heater Market Share, By Capacity, In USD Billion, 2016-2030F
Figure 24. United States Water Heater Market Share, By End-user, In USD Billion, 2016-2030F
Figure 25. United States Water Heater Market Share, By Sales Channel, In USD Billion, 2016-2030F
Figure 26. United States Water Heater Market Share, By Distribution Channel, In USD Billion, 2016-2030F
Figure 27. Canada Water Heater Market, By Value, In USD Billion, 2016-2030F
Figure 28. Canada Water Heater Market, By Volume, In Units Thousand, 2016-2030F
Figure 29. Canada Water Heater Market Share, By Storage, In USD Billion, 2016-2030F
Figure 30. Canada Water Heater Market Share, By Power Source, In USD Billion, 2016-2030F
Figure 31. Canada Water Heater Market Share, By Capacity, In USD Billion, 2016-2030F
Figure 32. Canada Water Heater Market Share, By End-user, In USD Billion, 2016-2030F
Figure 33. Canada Water Heater Market Share, By Sales Channel, In USD Billion, 2016-2030F
Figure 34. Canada Water Heater Market Share, By Distribution Channel, In USD Billion, 2016-2030F
Figure 35. Mexico Water Heater Market, By Value, In USD Billion, 2016-2030F
Figure 36. Mexico Water Heater Market, By Volume, In Units Thousand, 2016-2030F
Figure 37. Mexico Water Heater Market Share, By Storage, In USD Billion, 2016-2030F
Figure 38. Mexico Water Heater Market Share, By Power Source, In USD Billion, 2016-2030F
Figure 39. Mexico Water Heater Market Share, By Capacity, In USD Billion, 2016-2030F
Figure 40. Mexico Water Heater Market Share, By End-user, In USD Billion, 2016-2030F
Figure 41. Mexico Water Heater Market Share, By Sales Channel, In USD Billion, 2016-2030F
Figure 42. Mexico Water Heater Market Share, By Distribution Channel, In USD Billion, 2016-2030F
Figure 43. Europe Water Heater Market, By Value, In USD Billion, 2016-2030F
Figure 44. Europe Water Heater Market, By Volume, In Units Thousand, 2016-2030F
Figure 45. Europe Water Heater Market Share, By Storage, In USD Billion, 2016-2030F
Figure 46. Europe Water Heater Market Share, By Power Source, In USD Billion, 2016-2030F
Figure 47. Europe Water Heater Market Share, By Capacity, In USD Billion, 2016-2030F
Figure 48. Europe Water Heater Market Share, By End-user, In USD Billion, 2016-2030F
Figure 49. Europe Water Heater Market Share, By Sales Channel, In USD Billion, 2016-2030F
Figure 50. Europe Water Heater Market Share, By Distribution Channel, In USD Billion, 2016-2030F
Figure 51. Europe Water Heater Market Share, By Country, In USD Billion, 2016-2030F
Figure 52. Germany Water Heater Market, By Value, In USD Billion, 2016-2030F
Figure 53. Germany Water Heater Market, By Volume, In Units Thousand, 2016-2030F
Figure 54. Germany Water Heater Market Share, By Storage, In USD Billion, 2016-2030F
Figure 55. Germany Water Heater Market Share, By Power Source, In USD Billion, 2016-2030F
Figure 56. Germany Water Heater Market Share, By Capacity, In USD Billion, 2016-2030F
Figure 57. Germany Water Heater Market Share, By End-user, In USD Billion, 2016-2030F
Figure 58. Germany Water Heater Market Share, By Sales Channel, In USD Billion, 2016-2030F
Figure 59. Germany Water Heater Market Share, By Distribution Channel, In USD Billion, 2016-2030F
Figure 60. France Water Heater Market, By Value, In USD Billion, 2016-2030F
Figure 61. France Water Heater Market, By Volume, In Units Thousand, 2016-2030F
Figure 62. France Water Heater Market Share, By Storage, In USD Billion, 2016-2030F
Figure 63. France Water Heater Market Share, By Power Source, In USD Billion, 2016-2030F
Figure 64. France Water Heater Market Share, By Capacity, In USD Billion, 2016-2030F
Figure 65. France Water Heater Market Share, By End-user, In USD Billion, 2016-2030F
Figure 66. France Water Heater Market Share, By Sales Channel, In USD Billion, 2016-2030F
Figure 67. France Water Heater Market Share, By Distribution Channel, In USD Billion, 2016-2030F
Figure 68. Italy Water Heater Market, By Value, In USD Billion, 2016-2030F
Figure 69. Italy Water Heater Market, By Volume, In Units Thousand, 2016-2030F
Figure 70. Italy Water Heater Market Share, By Storage, In USD Billion, 2016-2030F
Figure 71. Italy Water Heater Market Share, By Power Source, In USD Billion, 2016-2030F
Figure 72. Italy Water Heater Market Share, By Capacity, In USD Billion, 2016-2030F
Figure 73. Italy Water Heater Market Share, By End-user, In USD Billion, 2016-2030F
Figure 74. Italy Water Heater Market Share, By Sales Channel, In USD Billion, 2016-2030F
Figure 75. Italy Water Heater Market Share, By Distribution Channel, In USD Billion, 2016-2030F
Figure 76. United Kingdom Water Heater Market, By Value, In USD Billion, 2016-2030F
Figure 77. United Kingdom Water Heater Market, By Volume, In Units Thousand, 2016-2030F
Figure 78. United Kingdom Water Heater Market Share, By Storage, In USD Billion, 2016-2030F
Figure 79. United Kingdom Water Heater Market Share, By Power Source, In USD Billion, 2016-2030F
Figure 80. United Kingdom Water Heater Market Share, By Capacity, In USD Billion, 2016-2030F
Figure 81. United Kingdom Water Heater Market Share, By End-user, In USD Billion, 2016-2030F
Figure 82. United Kingdom Water Heater Market Share, By Sales Channel, In USD Billion, 2016-2030F
Figure 83. United Kingdom Water Heater Market Share, By Distribution Channel, In USD Billion, 2016-2030F
Figure 84. Russia Water Heater Market, By Value, In USD Billion, 2016-2030F
Figure 85. Russia Water Heater Market, By Volume, In Units Thousand, 2016-2030F
Figure 86. Russia Water Heater Market Share, By Storage, In USD Billion, 2016-2030F
Figure 87. Russia Water Heater Market Share, By Power Source, In USD Billion, 2016-2030F
Figure 88. Russia Water Heater Market Share, By Capacity, In USD Billion, 2016-2030F
Figure 89. Russia Water Heater Market Share, By End-user, In USD Billion, 2016-2030F
Figure 90. Russia Water Heater Market Share, By Sales Channel, In USD Billion, 2016-2030F
Figure 91. Russia Water Heater Market Share, By Distribution Channel, In USD Billion, 2016-2030F
Figure 92. Netherlands Water Heater Market, By Value, In USD Billion, 2016-2030F
Figure 93. Netherlands Water Heater Market, By Volume, In Units Thousand, 2016-2030F
Figure 94. Netherlands Water Heater Market Share, By Storage, In USD Billion, 2016-2030F
Figure 95. Netherlands Water Heater Market Share, By Power Source, In USD Billion, 2016-2030F
Figure 96. Netherlands Water Heater Market Share, By Capacity, In USD Billion, 2016-2030F
Figure 97. Netherlands Water Heater Market Share, By End-user, In USD Billion, 2016-2030F
Figure 98. Netherlands Water Heater Market Share, By Sales Channel, In USD Billion, 2016-2030F
Figure 99. Netherlands Water Heater Market Share, By Distribution Channel, In USD Billion, 2016-2030F
Figure 100. Spain Water Heater Market, By Value, In USD Billion, 2016-2030F
Figure 101. Spain Water Heater Market, By Volume, In Units Thousand, 2016-2030F
Figure 102. Spain Water Heater Market Share, By Storage, In USD Billion, 2016-2030F
Figure 103. Spain Water Heater Market Share, By Power Source, In USD Billion, 2016-2030F
Figure 104. Spain Water Heater Market Share, By Capacity, In USD Billion, 2016-2030F
Figure 105. Spain Water Heater Market Share, By End-user, In USD Billion, 2016-2030F
Figure 106. Spain Water Heater Market Share, By Sales Channel, In USD Billion, 2016-2030F
Figure 107. Spain Water Heater Market Share, By Distribution Channel, In USD Billion, 2016-2030F
Figure 108. Turkey Water Heater Market, By Value, In USD Billion, 2016-2030F
Figure 109. Turkey Water Heater Market, By Volume, In Units Thousand, 2016-2030F
Figure 110. Turkey Water Heater Market Share, By Storage, In USD Billion, 2016-2030F
Figure 111. Turkey Water Heater Market Share, By Power Source, In USD Billion, 2016-2030F
Figure 112. Turkey Water Heater Market Share, By Capacity, In USD Billion, 2016-2030F
Figure 113. Turkey Water Heater Market Share, By End-user, In USD Billion, 2016-2030F
Figure 114. Turkey Water Heater Market Share, By Sales Channel, In USD Billion, 2016-2030F
Figure 115. Turkey Water Heater Market Share, By Distribution Channel, In USD Billion, 2016-2030F
Figure 116. Poland Water Heater Market, By Value, In USD Billion, 2016-2030F
Figure 117. Poland Water Heater Market, By Volume, In Units Thousand, 2016-2030F
Figure 118. Poland Water Heater Market Share, By Storage, In USD Billion, 2016-2030F
Figure 119. Poland Water Heater Market Share, By Power Source, In USD Billion, 2016-2030F
Figure 120. Poland Water Heater Market Share, By Capacity, In USD Billion, 2016-2030F
Figure 121. Poland Water Heater Market Share, By End-user, In USD Billion, 2016-2030F
Figure 122. Poland Water Heater Market Share, By Sales Channel, In USD Billion, 2016-2030F
Figure 123. Poland Water Heater Market Share, By Distribution Channel, In USD Billion, 2016-2030F
Figure 124. South America Water Heater Market, By Value, In USD Billion, 2016-2030F
Figure 125. South America Water Heater Market, By Volume, In Units Thousand, 2016-2030F
Figure 126. South America Water Heater Market Share, By Storage, In USD Billion, 2016-2030F
Figure 127. South America Water Heater Market Share, By Power Source, In USD Billion, 2016-2030F
Figure 128. South America Water Heater Market Share, By Capacity, In USD Billion, 2016-2030F
Figure 129. South America Water Heater Market Share, By End-user, In USD Billion, 2016-2030F
Figure 130. South America Water Heater Market Share, By Sales Channel, In USD Billion, 2016-2030F
Figure 131. South America Water Heater Market Share, By Distribution Channel, In USD Billion, 2016-2030F
Figure 132. South America Water Heater Market Share, By Country, In USD Billion, 2016-2030F
Figure 133. Brazil Water Heater Market, By Value, In USD Billion, 2016-2030F
Figure 134. Brazil Water Heater Market, By Volume, In Units Thousand, 2016-2030F
Figure 135. Brazil Water Heater Market Share, By Storage, In USD Billion, 2016-2030F
Figure 136. Brazil Water Heater Market Share, By Power Source, In USD Billion, 2016-2030F
Figure 137. Brazil Water Heater Market Share, By Capacity, In USD Billion, 2016-2030F
Figure 138. Brazil Water Heater Market Share, By End-user, In USD Billion, 2016-2030F
Figure 139. Brazil Water Heater Market Share, By Sales Channel, In USD Billion, 2016-2030F
Figure 140. Brazil Water Heater Market Share, By Distribution Channel, In USD Billion, 2016-2030F
Figure 141. Argentina Water Heater Market, By Value, In USD Billion, 2016-2030F
Figure 142. Argentina Water Heater Market, By Volume, In Units Thousand, 2016-2030F
Figure 143. Argentina Water Heater Market Share, By Storage, In USD Billion, 2016-2030F
Figure 144. Argentina Water Heater Market Share, By Power Source, In USD Billion, 2016-2030F
Figure 145. Argentina Water Heater Market Share, By Capacity, In USD Billion, 2016-2030F
Figure 146. Argentina Water Heater Market Share, By End-user, In USD Billion, 2016-2030F
Figure 147. Argentina Water Heater Market Share, By Sales Channel, In USD Billion, 2016-2030F
Figure 148. Argentina Water Heater Market Share, By Distribution Channel, In USD Billion, 2016-2030F
Figure 149. Asia-Pacific Water Heater Market, By Value, In USD Billion, 2016-2030F
Figure 150. Asia-Pacific Water Heater Market, By Volume, In Units Thousand, 2016-2030F
Figure 151. Asia-Pacific Water Heater Market Share, By Storage, In USD Billion, 2016-2030F
Figure 152. Asia-Pacific Water Heater Market Share, By Power Source, In USD Billion, 2016-2030F
Figure 153. Asia-Pacific Water Heater Market Share, By Capacity, In USD Billion, 2016-2030F
Figure 154. Asia-Pacific Water Heater Market Share, By End-user, In USD Billion, 2016-2030F
Figure 155. Asia- Pacific Cream Market Share, By Sales Channel, In USD Billion, 2016-2030F
Figure 156. Asia-Pacific Water Heater Market Share, By Distribution Channel, In USD Billion, 2016-2030F
Figure 157. Asia-Pacific Water Heater Market Share, By Country, In USD Billion, 2016-2030F
Figure 158. India Water Heater Market, By Value, In USD Billion, 2016-2030F
Figure 159. India Water Heater Market, By Volume, In Units Thousand, 2016-2030F
Figure 160. India Water Heater Market Share, By Storage, In USD Billion, 2016-2030F
Figure 161. India Water Heater Market Share, By Power Source, In USD Billion, 2016-2030F
Figure 162. India Water Heater Market Share, By Capacity, In USD Billion, 2016-2030F
Figure 163. India Water Heater Market Share, By End-user, In USD Billion, 2016-2030F
Figure 164. India Water Heater Market Share, By Sales Channel, In USD Billion, 2016-2030F
Figure 165. India Water Heater Market Share, By Distribution Channel, In USD Billion, 2016-2030F
Figure 166. China Water Heater Market, By Value, In USD Billion, 2016-2030F
Figure 167. China Water Heater Market, By Volume, In Units Thousand, 2016-2030F
Figure 168. China Water Heater Market Share, By Storage, In USD Billion, 2016-2030F
Figure 169. China Water Heater Market Share, By Power Source, In USD Billion, 2016-2030F
Figure 170. China Water Heater Market Share, By Capacity, In USD Billion, 2016-2030F
Figure 171. China Water Heater Market Share, By End-user, In USD Billion, 2016-2030F
Figure 172. China Water Heater Market Share, By Sales Channel, In USD Billion, 2016-2030F
Figure 173. China Water Heater Market Share, By Distribution Channel, In USD Billion, 2016-2030F
Figure 174. Japan Water Heater Market, By Value, In USD Billion, 2016-2030F
Figure 175. Japan Water Heater Market, By Volume, In Units Thousand, 2016-2030F
Figure 176. Japan Water Heater Market Share, By Storage, In USD Billion, 2016-2030F
Figure 177. Japan Water Heater Market Share, By Power Source, In USD Billion, 2016-2030F
Figure 178. Japan Water Heater Market Share, By Capacity, In USD Billion, 2016-2030F
Figure 179. Japan Water Heater Market Share, By End-user, In USD Billion, 2016-2030F
Figure 180. Japan Water Heater Market Share, By Sales Channel, In USD Billion, 2016-2030F
Figure 181. Japan Water Heater Market Share, By Distribution Channel, In USD Billion, 2016-2030F
Figure 182. Australia Water Heater Market, By Value, In USD Billion, 2016-2030F
Figure 183. Australia Water Heater Market, By Volume, In Units Thousand, 2016-2030F
Figure 184. Australia Water Heater Market Share, By Storage, In USD Billion, 2016-2030F
Figure 185. Australia Water Heater Market Share, By Power Source, In USD Billion, 2016-2030F
Figure 186. Australia Water Heater Market Share, By Capacity, In USD Billion, 2016-2030F
Figure 187. Australia Water Heater Market Share, By End-user, In USD Billion, 2016-2030F
Figure 188. Australia Water Heater Market Share, By Sales Channel, In USD Billion, 2016-2030F
Figure 189. Australia Water Heater Market Share, By Distribution Channel, In USD Billion, 2016-2030F
Figure 190. Vietnam Water Heater Market, By Value, In USD Billion, 2016-2030F
Figure 191. Vietnam Water Heater Market, By Volume, In Units Thousand, 2016-2030F
Figure 192. Vietnam Water Heater Market Share, By Storage, In USD Billion, 2016-2030F
Figure 193. Vietnam Water Heater Market Share, By Power Source, In USD Billion, 2016-2030F
Figure 194. Vietnam Water Heater Market Share, By Capacity, In USD Billion, 2016-2030F
Figure 195. Vietnam Water Heater Market Share, By End-user, In USD Billion, 2016-2030F
Figure 196. Vietnam Water Heater Market Share, By Sales Channel, In USD Billion, 2016-2030F
Figure 197. Vietnam Water Heater Market Share, By Distribution Channel, In USD Billion, 2016-2030F
Figure 198. South Korea Water Heater Market, By Value, In USD Billion, 2016-2030F
Figure 199. South Korea Water Heater Market, By Volume, In Units Thousand, 2016-2030F
Figure 200. South Korea Water Heater Market Share, By Storage, In USD Billion, 2016-2030F
Figure 201. South Korea Water Heater Market Share, By Power Source, In USD Billion, 2016-2030F
Figure 202. South Korea Water Heater Market Share, By Capacity, In USD Billion, 2016-2030F
Figure 203. South Korea Water Heater Market Share, By End-user, In USD Billion, 2016-2030F
Figure 204. South Korea Water Heater Market Share, By Sales Channel, In USD Billion, 2016-2030F
Figure 205. South Korea Water Heater Market Share, By Distribution Channel, In USD Billion, 2016-2030F
Figure 206. Indonesia Water Heater Market, By Value, In USD Billion, 2016-2030F
Figure 207. Indonesia Water Heater Market, By Volume, In Units Thousand, 2016-2030F
Figure 208. Indonesia Water Heater Market Share, By Storage, In USD Billion, 2016-2030F
Figure 209. Indonesia Water Heater Market Share, By Power Source, In USD Billion, 2016-2030F
Figure 210. Indonesia Water Heater Market Share, By Capacity, In USD Billion, 2016-2030F
Figure 211. Indonesia Water Heater Market Share, By End-user, In USD Billion, 2016-2030F
Figure 212. Indonesia Water Heater Market Share, By Sales Channel, In USD Billion, 2016-2030F
Figure 213. Indonesia Water Heater Market Share, By Distribution Channel, In USD Billion, 2016-2030F
Figure 214. Philippines Water Heater Market, By Value, In USD Billion, 2016-2030F
Figure 215. Philippines Water Heater Market, By Volume, In Units Thousand, 2016-2030F
Figure 216. Philippines Water Heater Market Share, By Storage, In USD Billion, 2016-2030F
Figure 217. Philippines Water Heater Market Share, By Power Source, In USD Billion, 2016-2030F
Figure 218. Philippines Water Heater Market Share, By Capacity, In USD Billion, 2016-2030F
Figure 219. Philippines Water Heater Market Share, By End-user, In USD Billion, 2016-2030F
Figure 220. Philippines Water Heater Market Share, By Sales Channel, In USD Billion, 2016-2030F
Figure 221. Philippines Water Heater Market Share, By Distribution Channel, In USD Billion, 2016-2030F
Figure 222. Middle East & Africa Water Heater Market, By Value, In USD Billion, 2016-2030F
Figure 223. Middle East & Africa Water Heater Market, By Volume, In Units Thousand, 2016-2030F
Figure 224. Middle East & Africa Water Heater Market Share, By Storage, In USD Billion, 2016-2030F
Figure 225. Middle East & Africa Water Heater Market Share, By Storage, In Units Thousand, 2016-2030F
Figure 226. Middle East & Africa Water Heater Market Share, By Power Source, In USD Billion, 2016-2030F
Figure 227. Middle East & Africa Water Heater Market Share, By Capacity, In USD Billion, 2016-2030F
Figure 228. Middle East & Africa Water Heater Market Share, By End-user, In USD Billion, 2016-2030F
Figure 229. Middle East & Africa Water Heater Market Share, By Sales Channel, In USD Billion, 2016-2030F
Figure 230. Middle East & Africa Water Heater Market Share, By Distribution Channel, In USD Billion, 2016-2030F
Figure 231. Middle East & Africa Water Heater Market Share, By Country, In USD Billion, 2016-2030F
Figure 232. Saudi Arabia Water Heater Market, By Value, In USD Billion, 2016-2030F
Figure 233. Saudi Arabia Water Heater Market, By Volume, In Units Thousand, 2016-2030F
Figure 234. Saudi Arabia Water Heater Market Share, By Storage, In USD Billion, 2016-2030F
Figure 235. Saudi Arabia Water Heater Market Share, By Power Source, In USD Billion, 2016-2030F
Figure 236. Saudi Arabia Water Heater Market Share, By Capacity, In USD Billion, 2016-2030F
Figure 237. Saudi Arabia Water Heater Market Share, By End-user, In USD Billion, 2016-2030F
Figure 238. Saudi Arabia Water Heater Market Share, By Sales Channel, In USD Billion, 2016-2030F
Figure 239. Saudi Arabia Water Heater Market Share, By Distribution Channel, In USD Billion, 2016-2030F
Figure 240. UAE Water Heater Market, By Value, In USD Billion, 2016-2030F
Figure 241. UAE Water Heater Market, By Volume, In Units Thousand, 2016-2030F
Figure 242. UAE Water Heater Market Share, By Storage, In USD Billion, 2016-2030F
Figure 243. UAE Water Heater Market Share, By Power Source, In USD Billion, 2016-2030F
Figure 244. UAE Water Heater Market Share, By Capacity, In USD Billion, 2016-2030F
Figure 245. UAE Water Heater Market Share, By End-user, In USD Billion, 2016-2030F
Figure 246. UAE Water Heater Market Share, By Sales Channel, In USD Billion, 2016-2030F
Figure 247. UAE Water Heater Market Share, By Distribution Channel, In USD Billion, 2016-2030F
Figure 248. South Africa Water Heater Market, By Value, In USD Billion, 2016-2030F
Figure 249. South Africa Water Heater Market, By Volume, In Units Thousand, 2016-2030F
Figure 250. South Africa Water Heater Market Share, By Storage, In USD Billion, 2016-2030F
Figure 251. South Africa Water Heater Market Share, By Power Source, In USD Billion, 2016-2030F
Figure 252. South Africa Water Heater Market Share, By Capacity, In USD Billion, 2016-2030F
Figure 253. South Africa Water Heater Market Share, By End-user, In USD Billion, 2016-2030F
Figure 254. South Africa Water Heater Market Share, By Sales Channel, In USD Billion, 2016-2030F
Figure 255. South Africa Water Heater Market Share, By Distribution Channel, In USD Billion, 2016-2030F
Figure 256. By Storage Map-Market Size (USD Billion) & Growth Rate (%), 2022
Figure 257. By Power Source Map-Market Size (USD Billion) & Growth Rate (%), 2022
Figure 258. By Capacity Map-Market Size (USD Billion) & Growth Rate (%), 2022
Figure 259. By End-user Map-Market Size (USD Billion) & Growth Rate (%), 2022
Figure 260. By Sales Channel Map-Market Size (USD Billion) & Growth Rate (%), 2022
Figure 261. By Distribution Channel Map-Market Size (USD Billion) & Growth Rate (%), 2022
Figure 262. By Region Map-Market Size (USD Billion) & Growth Rate (%), 2022
List of Table-Global Water Heater Market
Table 1. Pricing Analysis of Products from Key Players
Table 2. Competition Matrix of Top 5 Market Leaders
Table 3. Mergers & Acquisitions/ Joint Ventures (If Applicable)
Table 4. About Us - Regions and Countries Where We Have Executed Client Projects
Frequently Asked Questions
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