1h Free Analyst Time
The commercial water heaters market is forecasted to grow by USD 2.61 billion during 2023-2028, accelerating at a CAGR of 4.36% during the forecast period. The report on the commercial water heaters 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 increasing demand from hospitality sector, technological innovations in commercial water heaters, and growing government initiatives promoting the use of energy-efficient heating.
The commercial water heaters market is segmented as below:
By Type
- Electric water heater
- Gas water heater
- Solar water heater
By Distribution Channel
- Offline
- Online
By Geographical Landscape
- APAC
- Europe
- North America
- South America
- Middle East and Africa
The report on the commercial water heaters market covers the following areas:
- Commercial water heaters market sizing
- Commercial water heaters market forecast
- Commercial water heaters 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 research - both primary and secondary. 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 the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by Distribution Channel
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global commercial water heaters market: A. O. Smith Corp., Ariston Holding NV, Bradford White Corp., Daikin Industries Ltd., Electric Heater Co., Electrolux group, Ferroli Spa, Guangdong Vanward New Electric Co. Ltd., Hangzhou Kangquan Water Heater Co. Ltd., Jaquar India, MIDEA Group Co. Ltd., Noritz Corp., Rheem Manufacturing Co., Rinnai Corp., Robert Bosch GmbH, Solahart Industries Pty Ltd., STIEBEL ELTRON GmbH and Co. KG, Vaillant GmbH, Viessmann Climate Solutions SE, and Watts Water Technologies Inc..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is rising initiatives for energy-efficient commercial buildings."
According to the report, one of the major drivers for this market is the increasing demand from hospitality sector.
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.
- Daikin Industries Ltd.
- Electric Heater Co.
- Electrolux group
- Ferroli Spa
- Guangdong Vanward New Electric Co. Ltd.
- Hangzhou Kangquan Water Heater Co. Ltd.
- Jaquar India
- MIDEA Group Co. Ltd.
- Noritz Corp.
- Rheem Manufacturing Co.
- Rinnai Corp.
- Robert Bosch GmbH
- Solahart Industries Pty Ltd.
- STIEBEL ELTRON GmbH and Co. KG
- Vaillant GmbH
- Viessmann Climate Solutions SE
- Watts Water Technologies Inc.
