Water Heater Market: Global Industry Analysis by Market Share, Trend, Size, Competitive Landscape, Regional Outlook and Forecast (2024-2030)

 

Global Water Heater Market size was valued at USD 29.88 Bn in 2023 and is expected to reach USD 41.54 Bn by 2030, at a CAGR of 4.82 %.

Water Heater Market Overview:

Market Scope:

The Water Heater Market research study includes yearly projections through 2029, as well as insights into each of the major Water Heater Market end users. The study calculates the worldwide Water Heater Market 's revenue, sales, and growth rate.

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Segmentation:

 

by Product

Gas
Storage
Solar


by Capacity

Below 30 Liters
30 - 100 Liters
100 - 250 Liters
250 - 400 Liters
Above 400 Liters

Key Players: the key players are

North America
1. Heat Transfer Products Inc. (USA)
2. Bradford White Corp. (USA)
3. Rheem Manufacturing Co. (USA)
4. A. O. Smith Corp. (USA)
5. GE Co. (USA)
6. Alternate Energy Technologies (USA)

Asia Pacific
7. Noritz Corp. (Japan)
8. Rinnai Corp (Japan)
9. Crompton Greaves Ltd. (India)
10. Haier Water Heater Co. Ltd. (China)
11. Bajaj Electricals Ltd. (India)
12. Linuo Ritter (China)
13. Racold (India)
14. V Guard Industries (India)
15. Himin Solar Energy (China)

Regional Analysis:

The report has assessed the global Water Heater Market in the following regions:

  • America, North (the United States, Canada)
  • European Union (Germany, France, United Kingdom, Russia)
  • Asia-Pacific region (China, Japan, Korea, India, Southeast Asia, and Australia)
  • Latin America (Brazil, Argentina, Colombia)
  • Africa and the Middle East (Saudi Arabia, UAE, Egypt, South Africa)

Key Questions answered in the Water Heater Market Report are:

  • Which key trends are likely to emerge in the Water Heater Market in the forecast period?
  • What will be the Water Heater Market size by 2023?
  • Which company had the biggest share in the Water Heater Market in 2029?

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