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Global water heater market valued approximately USD 34.7 billion in 2016 is expected to\ngrow by CAGR 5.3% over the forecast period 2017-2025. Rising real estate development\nalong with the increasing demand from commercial places are the major driving factors which\nare anticipated to fuel the market growth. Moreover, increasing demand for tankless water\nheaters in point of use applications is also likely to fuel the market growth over the forecast\nperiod.
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Global water heater market valued approximately USD 34.7 billion in 2016 is expected to
grow by CAGR 5.3% over the forecast period 2017-2025. Rising real estate development
along with the increasing demand from commercial places are the major driving factors which
are anticipated to fuel the market growth. Moreover, increasing demand for tankless water
heaters in point of use applications is also likely to fuel the market growth over the forecast
The objective of the study is to define market sizes of different segments & countries in
previous years and to forecast the values to the next eight years. The Water Heater Market
report is designed to incorporate both qualitative and quantitative aspects of the industry with
respect to each of the regions and countries involved in the study. Furthermore, the report also
caters the detailed information about the crucial aspects such as drivers & restraining factors
which will define the future growth of the market. Additionally, it will also incorporate the
opportunities available in micro markets for stakeholders to invest, detailed analysis of
competitive landscape and product offerings of key players. The segments and sub-segment
of the market are explained in details.
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This report studies Water Heater in Global market, especially in North America, China,
Europe, Southeast Asia, Japan and India.
Some of the key players involved in the water heater industry are; A.O. Smith Corporation,
Rheem Manufacturing Company, and Bradford White Corporation. These key players have a
strong foothold in the industry due to their wide product offerings and geographical presence.
The above-mentioned companies accounted more than 50% of the total market share in 2016.
The industry is also experiencing new entrants such as Kenmore and Eemax which are
exclusively designing smart tankless water heaters. Further, merger and acquisition is the key
strategy adopted by key players, this has enabled them to gain competitive advantages and
their hands on recent technological developments. Furthermore, it also helps to increase the
sales presence in different regions and countries. For instance, A.O. Smith Corporation has
acquired Ohio-based William R. Hague, Inc. this acquisition has helped A.O. Smith to get
their access to water softening technology.
Tankless / Instantaneous
Target Audience of the Water Heater Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers
Table Of Contents:
1. Research Methodology
2. Global Water Heater Market Definition & Scope
3. Global & Segmental Market Estimates & Forecasts
4. Water Heater Market by Type and Mode of Application
5. Global Water Heater Industry Dynamics: Growth Prospects, Industry Analysis, Analyst
Recommendation & Conclusion
6. Competitive Intelligence: Company Market Share,Top Market Strategies,Company Profiles
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