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The residential water heater market is forecasted to grow by USD 6.32 billion during 2024-2029, accelerating at a CAGR of 6.1% during the forecast period. The report on the residential water heater market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by product launches, rising disposable incomes, and urbanization and smart cities.
The residential water heater market is segmented as below:
By Type
- Electric
- Gas
- Solar
By Distribution Channel
- Specialty stores
- Department stores and supermarkets
- Online retailers
- Others
By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
The report on the residential water heater market covers the following areas:
- Residential Water Heater Market sizing
- Residential Water Heater Market forecast
- Residential Water Heater Market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by Type
9 Market Segmentation by Distribution Channel
10 Customer Landscape
11 Geographic Landscape
12 Drivers, Challenges, and Opportunity/Restraints
13 Competitive Landscape
14 Competitive Analysis
15 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global residential water heater market: A. O. Smith Corp., Ariston Holding NV, Bradford White Corp., Eemax Inc., General Electric Co., Haier Smart Home Co. Ltd., Havells India Ltd., Lennox International Inc., Modine Manufacturing Company, Navien Inc., Noritz Corp., Rheem Manufacturing Co., Rinnai America Corp., STIEBEL ELTRON GmbH & Co, Transform Holdco LLC, Vaillant Group International GmbH, Westinghouse Electric Corp, and Whirlpool Corp..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is growing fundings."
According to the report, one of the major drivers for this market is the product launches.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- A. O. Smith Corp.
- Ariston Holding NV
- Bradford White Corp.
- Eemax Inc.
- General Electric Co.
- Haier Smart Home Co. Ltd.
- Havells India Ltd.
- Lennox International Inc.
- Modine Manufacturing Company
- Navien Inc.
- Noritz Corp.
- Rheem Manufacturing Co.
- Rinnai America Corp.
- STIEBEL ELTRON GmbH & Co
- Transform Holdco LLC
- Vaillant Group International GmbH
- Westinghouse Electric Corp
- Whirlpool Corp.
