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Global Commercial Electric Water Heater Market by Size, by Type, by Application, by Region, History and Forecast 2020-2031

Publisher APO Research, Inc.
Published Oct 20, 2025
Length 193 Pages
SKU # APRC20555803

Description

Summary

According to APO Research, The global Commercial Electric Water Heater market is projected to grow from US$ million in 2025 to US$ million by 2031, at a Compound Annual Growth Rate (CAGR) of % during the forecast period.

The US & Canada market for Commercial Electric Water Heater is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

Asia-Pacific market for Commercial Electric Water Heater is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

The China market for Commercial Electric Water Heater is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

Europe market for Commercial Electric Water Heater is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

The major global manufacturers of Commercial Electric Water Heater include A. O. Smith (including State etc), Rinnai, Paloma (including Rheem etc), Midea, Ariston Thermo, Haier, Whirlpool, Noritz and Bosch, etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.

This report presents an overview of global market for Commercial Electric Water Heater, sales, revenue and price. Analyses of the global market trends, with historic market revenue or sales data for 2020-2024, estimates for 2025, and projections of CAGR through 2031.

This report researches the key producers of Commercial Electric Water Heater, also provides the sales of main regions and countries. Of the upcoming market potential for Commercial Electric Water Heater, and key regions or countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.

This report focuses on the Commercial Electric Water Heater sales, revenue, market share and industry ranking of main manufacturers, data from 2020 to 2025. Identification of the major stakeholders in the global Commercial Electric Water Heater market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

This report analyzes the segments data by Type and by Application, sales, revenue, and price, from 2020 to 2031. Evaluation and forecast the market size for Commercial Electric Water Heater sales, projected growth trends, production technology, application and end-user industry.

Commercial Electric Water Heater Segment by Company

A. O. Smith (including State etc)
Rinnai
Paloma (including Rheem etc)
Midea
Ariston Thermo
Haier
Whirlpool
Noritz
Bosch
Bradford White
American Standard
Thermann
Macro (Guangdong Shunna Electric)
Shanghai OTT Electrical
Itomic
Guangdong Vanward New Electric
Guangdong Jianggong Electric
Ferroli
Guangdong Shengduyangguang
Foshan Soopoen
JNOD
Seiwa Industrial
Commercial Electric Water Heater

Segment by Type

Storage Type (tank type)
Instant Type (tankless type)
Commercial Electric Water Heater Segment by Application

Hotel and Apartment
Catering Service
School
Office Building
Hospital
Gym
Government
Others
Commercial Electric Water Heater Segment by Region

North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Colombia
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries

Study Objectives

1. To analyze and research the global status and future forecast, involving, production, value, consumption, growth rate (CAGR), market share, historical and forecast.
2. To present the key manufacturers, capacity, production, revenue, market share, and Recent Developments.
3. To split the breakdown data by regions, type, manufacturers, and Application.
4. To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints, and risks.
5. To identify significant trends, drivers, influence factors in global and regions.
6. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Commercial Electric Water Heater market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Commercial Electric Water Heater and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market.
5. This report helps stakeholders to gain insights into which regions to target globally.
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Commercial Electric Water Heater.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Provides an overview of the Commercial Electric Water Heater market, including product definition, global market growth prospects, market size, sales, and average price forecasts (2020-2031).
Chapter 2: Provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Commercial Electric Water Heater manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Commercial Electric Water Heater in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Revenue of Commercial Electric Water Heater in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space of each country in the world.
Chapter 8: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Concluding Insights of the report

Please Note: Single-User license will be delivered via PDF from the publisher without the rights to print or to edit.

Table of Contents

193 Pages
1 Market Overview
1.1 Product Definition
1.2 Global Commercial Electric Water Heater Market Size, 2020 VS 2024 VS 2031
1.3 Global Commercial Electric Water Heater Market Size Estimates and Forecasts (2020-2031)
1.4 Global Commercial Electric Water Heater Sales Estimates and Forecasts (2020-2031)
1.5 Global Commercial Electric Water Heater Market Average Price (2020-2031)
1.6 Assumptions and Limitations
1.7 Study Goals and Objectives
2 Global Commercial Electric Water Heater Market Dynamics
2.1 Commercial Electric Water Heater Industry Trends
2.2 Commercial Electric Water Heater Industry Drivers
2.3 Commercial Electric Water Heater Industry Opportunities and Challenges
2.4 Commercial Electric Water Heater Industry Restraints
3 Commercial Electric Water Heater Market by Manufacturers
3.1 Global Commercial Electric Water Heater Revenue by Manufacturers (2020-2025)
3.2 Global Commercial Electric Water Heater Sales by Manufacturers (2020-2025)
3.3 Global Commercial Electric Water Heater Average Sales Price by Manufacturers (2020-2025)
3.4 Global Commercial Electric Water Heater Industry Manufacturers Ranking, 2023 VS 2024 VS 2025
3.5 Global Commercial Electric Water Heater Key Manufacturers Manufacturing Sites & Headquarters
3.6 Global Commercial Electric Water Heater Manufacturers, Product Type & Application
3.7 Global Commercial Electric Water Heater Manufacturers Establishment Date
3.8 Market Competitive Analysis
3.8.1 Global Commercial Electric Water Heater Market CR5 and HHI
3.8.2 Global Top 5 and 10 Commercial Electric Water Heater Players Market Share by Revenue in 2024
3.8.3 2024 Commercial Electric Water Heater Tier 1, Tier 2, and Tier 3
4 Commercial Electric Water Heater Market by Type
4.1 Commercial Electric Water Heater Type Introduction
4.1.1 Storage Type (tank type)
4.1.2 Instant Type (tankless type)
4.2 Global Commercial Electric Water Heater Sales by Type
4.2.1 Global Commercial Electric Water Heater Sales by Type (2020 VS 2024 VS 2031)
4.2.2 Global Commercial Electric Water Heater Sales by Type (2020-2031)
4.2.3 Global Commercial Electric Water Heater Sales Market Share by Type (2020-2031)
4.3 Global Commercial Electric Water Heater Revenue by Type
4.3.1 Global Commercial Electric Water Heater Revenue by Type (2020 VS 2024 VS 2031)
4.3.2 Global Commercial Electric Water Heater Revenue by Type (2020-2031)
4.3.3 Global Commercial Electric Water Heater Revenue Market Share by Type (2020-2031)
5 Commercial Electric Water Heater Market by Application
5.1 Commercial Electric Water Heater Application Introduction
5.1.1 Hotel and Apartment
5.1.2 Catering Service
5.1.3 School
5.1.4 Office Building
5.1.5 Hospital
5.1.6 Gym
5.1.7 Government
5.1.8 Others
5.2 Global Commercial Electric Water Heater Sales by Application
5.2.1 Global Commercial Electric Water Heater Sales by Application (2020 VS 2024 VS 2031)
5.2.2 Global Commercial Electric Water Heater Sales by Application (2020-2031)
5.2.3 Global Commercial Electric Water Heater Sales Market Share by Application (2020-2031)
5.3 Global Commercial Electric Water Heater Revenue by Application
5.3.1 Global Commercial Electric Water Heater Revenue by Application (2020 VS 2024 VS 2031)
5.3.2 Global Commercial Electric Water Heater Revenue by Application (2020-2031)
5.3.3 Global Commercial Electric Water Heater Revenue Market Share by Application (2020-2031)
6 Global Commercial Electric Water Heater Sales by Region
6.1 Global Commercial Electric Water Heater Sales by Region: 2020 VS 2024 VS 2031
6.2 Global Commercial Electric Water Heater Sales by Region (2020-2031)
6.2.1 Global Commercial Electric Water Heater Sales by Region (2020-2025)
6.2.2 Global Commercial Electric Water Heater Sales Forecasted by Region (2025-2030)
6.3 North America
6.3.1 North America Commercial Electric Water Heater Sales Growth Rate by Country: 2020 VS 2024 VS 2031
6.3.2 North America Commercial Electric Water Heater Sales by Country (2020-2031)
6.3.3 U.S.
6.3.4 Canada
6.3.5 Mexico
6.4 Europe
6.4.1 Europe Commercial Electric Water Heater Sales Growth Rate by Country: 2020 VS 2024 VS 2031
6.4.2 Europe Commercial Electric Water Heater Sales by Country (2020-2031)
6.4.3 Germany
6.4.4 France
6.4.5 U.K.
6.4.6 Italy
6.4.7 Netherlands
6.5 Asia Pacific
6.5.1 Asia Pacific Commercial Electric Water Heater Sales Growth Rate by Country: 2020 VS 2024 VS 2031
6.5.2 Asia Pacific Commercial Electric Water Heater Sales by Country (2020-2031)
6.5.3 China
6.5.4 Japan
6.5.5 South Korea
6.5.6 Southeast Asia
6.5.7 India
6.5.8 Australia
6.6 South America, Middle East and Africa
6.6.1 South America, Middle East and Africa Commercial Electric Water Heater Sales Growth Rate by Country: 2020 VS 2024 VS 2031
6.6.2 South America, Middle East and Africa Commercial Electric Water Heater Sales by Country (2020-2031)
6.6.3 Brazil
6.6.4 South Africa
6.6.5 Saudi Arabia
6.6.6 Turkey
6.6.6 Argentina
6.6.6 UAE
6.6.6 Egypt
6.6.6 Chile
7 Global Commercial Electric Water Heater Revenue by Region
7.1 Global Commercial Electric Water Heater Revenue by Region
7.1.1 Global Commercial Electric Water Heater Revenue by Region: 2020 VS 2024 VS 2031
7.1.2 Global Commercial Electric Water Heater Revenue by Region (2020-2025)
7.1.3 Global Commercial Electric Water Heater Revenue by Region (2026-2031)
7.1.4 Global Commercial Electric Water Heater Revenue Market Share by Region (2020-2031)
7.2 North America
7.2.1 North America Commercial Electric Water Heater Revenue (2020-2031)
7.2.2 North America Commercial Electric Water Heater Revenue Share by Country: 2020 VS 2024 VS 2031
7.3 Europe
7.3.1 Europe Commercial Electric Water Heater Revenue (2020-2031)
7.3.2 Europe Commercial Electric Water Heater Revenue Share by Country: 2020 VS 2024 VS 2031
7.4 Asia-Pacific
7.4.1 Asia-Pacific Commercial Electric Water Heater Revenue (2020-2031)
7.4.2 Asia-Pacific Commercial Electric Water Heater Revenue Share by Country: 2020 VS 2024 VS 2031
7.5 South America, Middle East and Africa
7.5.1 South America, Middle East and Africa Commercial Electric Water Heater Revenue (2020-2031)
7.5.2 South America, Middle East and Africa Commercial Electric Water Heater Revenue Share by Country: 2020 VS 2024 VS 2031
8 Company Profiles
8.1 A. O. Smith (including State etc)
8.1.1 A. O. Smith (including State etc) Comapny Information
8.1.2 A. O. Smith (including State etc) Business Overview
8.1.3 A. O. Smith (including State etc) Commercial Electric Water Heater Sales, Price, Revenue and Gross Margin (2020-2025)
8.1.4 A. O. Smith (including State etc) Commercial Electric Water Heater Product Portfolio
8.1.5 A. O. Smith (including State etc) Recent Developments
8.2 Rinnai
8.2.1 Rinnai Comapny Information
8.2.2 Rinnai Business Overview
8.2.3 Rinnai Commercial Electric Water Heater Sales, Price, Revenue and Gross Margin (2020-2025)
8.2.4 Rinnai Commercial Electric Water Heater Product Portfolio
8.2.5 Rinnai Recent Developments
8.3 Paloma (including Rheem etc)
8.3.1 Paloma (including Rheem etc) Comapny Information
8.3.2 Paloma (including Rheem etc) Business Overview
8.3.3 Paloma (including Rheem etc) Commercial Electric Water Heater Sales, Price, Revenue and Gross Margin (2020-2025)
8.3.4 Paloma (including Rheem etc) Commercial Electric Water Heater Product Portfolio
8.3.5 Paloma (including Rheem etc) Recent Developments
8.4 Midea
8.4.1 Midea Comapny Information
8.4.2 Midea Business Overview
8.4.3 Midea Commercial Electric Water Heater Sales, Price, Revenue and Gross Margin (2020-2025)
8.4.4 Midea Commercial Electric Water Heater Product Portfolio
8.4.5 Midea Recent Developments
8.5 Ariston Thermo
8.5.1 Ariston Thermo Comapny Information
8.5.2 Ariston Thermo Business Overview
8.5.3 Ariston Thermo Commercial Electric Water Heater Sales, Price, Revenue and Gross Margin (2020-2025)
8.5.4 Ariston Thermo Commercial Electric Water Heater Product Portfolio
8.5.5 Ariston Thermo Recent Developments
8.6 Haier
8.6.1 Haier Comapny Information
8.6.2 Haier Business Overview
8.6.3 Haier Commercial Electric Water Heater Sales, Price, Revenue and Gross Margin (2020-2025)
8.6.4 Haier Commercial Electric Water Heater Product Portfolio
8.6.5 Haier Recent Developments
8.7 Whirlpool
8.7.1 Whirlpool Comapny Information
8.7.2 Whirlpool Business Overview
8.7.3 Whirlpool Commercial Electric Water Heater Sales, Price, Revenue and Gross Margin (2020-2025)
8.7.4 Whirlpool Commercial Electric Water Heater Product Portfolio
8.7.5 Whirlpool Recent Developments
8.8 Noritz
8.8.1 Noritz Comapny Information
8.8.2 Noritz Business Overview
8.8.3 Noritz Commercial Electric Water Heater Sales, Price, Revenue and Gross Margin (2020-2025)
8.8.4 Noritz Commercial Electric Water Heater Product Portfolio
8.8.5 Noritz Recent Developments
8.9 Bosch
8.9.1 Bosch Comapny Information
8.9.2 Bosch Business Overview
8.9.3 Bosch Commercial Electric Water Heater Sales, Price, Revenue and Gross Margin (2020-2025)
8.9.4 Bosch Commercial Electric Water Heater Product Portfolio
8.9.5 Bosch Recent Developments
8.10 Bradford White
8.10.1 Bradford White Comapny Information
8.10.2 Bradford White Business Overview
8.10.3 Bradford White Commercial Electric Water Heater Sales, Price, Revenue and Gross Margin (2020-2025)
8.10.4 Bradford White Commercial Electric Water Heater Product Portfolio
8.10.5 Bradford White Recent Developments
8.11 American Standard
8.11.1 American Standard Comapny Information
8.11.2 American Standard Business Overview
8.11.3 American Standard Commercial Electric Water Heater Sales, Price, Revenue and Gross Margin (2020-2025)
8.11.4 American Standard Commercial Electric Water Heater Product Portfolio
8.11.5 American Standard Recent Developments
8.12 Thermann
8.12.1 Thermann Comapny Information
8.12.2 Thermann Business Overview
8.12.3 Thermann Commercial Electric Water Heater Sales, Price, Revenue and Gross Margin (2020-2025)
8.12.4 Thermann Commercial Electric Water Heater Product Portfolio
8.12.5 Thermann Recent Developments
8.13 Macro (Guangdong Shunna Electric)
8.13.1 Macro (Guangdong Shunna Electric) Comapny Information
8.13.2 Macro (Guangdong Shunna Electric) Business Overview
8.13.3 Macro (Guangdong Shunna Electric) Commercial Electric Water Heater Sales, Price, Revenue and Gross Margin (2020-2025)
8.13.4 Macro (Guangdong Shunna Electric) Commercial Electric Water Heater Product Portfolio
8.13.5 Macro (Guangdong Shunna Electric) Recent Developments
8.14 Shanghai OTT Electrical
8.14.1 Shanghai OTT Electrical Comapny Information
8.14.2 Shanghai OTT Electrical Business Overview
8.14.3 Shanghai OTT Electrical Commercial Electric Water Heater Sales, Price, Revenue and Gross Margin (2020-2025)
8.14.4 Shanghai OTT Electrical Commercial Electric Water Heater Product Portfolio
8.14.5 Shanghai OTT Electrical Recent Developments
8.15 Itomic
8.15.1 Itomic Comapny Information
8.15.2 Itomic Business Overview
8.15.3 Itomic Commercial Electric Water Heater Sales, Price, Revenue and Gross Margin (2020-2025)
8.15.4 Itomic Commercial Electric Water Heater Product Portfolio
8.15.5 Itomic Recent Developments
8.16 Guangdong Vanward New Electric
8.16.1 Guangdong Vanward New Electric Comapny Information
8.16.2 Guangdong Vanward New Electric Business Overview
8.16.3 Guangdong Vanward New Electric Commercial Electric Water Heater Sales, Price, Revenue and Gross Margin (2020-2025)
8.16.4 Guangdong Vanward New Electric Commercial Electric Water Heater Product Portfolio
8.16.5 Guangdong Vanward New Electric Recent Developments
8.17 Guangdong Jianggong Electric
8.17.1 Guangdong Jianggong Electric Comapny Information
8.17.2 Guangdong Jianggong Electric Business Overview
8.17.3 Guangdong Jianggong Electric Commercial Electric Water Heater Sales, Price, Revenue and Gross Margin (2020-2025)
8.17.4 Guangdong Jianggong Electric Commercial Electric Water Heater Product Portfolio
8.17.5 Guangdong Jianggong Electric Recent Developments
8.18 Ferroli
8.18.1 Ferroli Comapny Information
8.18.2 Ferroli Business Overview
8.18.3 Ferroli Commercial Electric Water Heater Sales, Price, Revenue and Gross Margin (2020-2025)
8.18.4 Ferroli Commercial Electric Water Heater Product Portfolio
8.18.5 Ferroli Recent Developments
8.19 Guangdong Shengduyangguang
8.19.1 Guangdong Shengduyangguang Comapny Information
8.19.2 Guangdong Shengduyangguang Business Overview
8.19.3 Guangdong Shengduyangguang Commercial Electric Water Heater Sales, Price, Revenue and Gross Margin (2020-2025)
8.19.4 Guangdong Shengduyangguang Commercial Electric Water Heater Product Portfolio
8.19.5 Guangdong Shengduyangguang Recent Developments
8.20 Foshan Soopoen
8.20.1 Foshan Soopoen Comapny Information
8.20.2 Foshan Soopoen Business Overview
8.20.3 Foshan Soopoen Commercial Electric Water Heater Sales, Price, Revenue and Gross Margin (2020-2025)
8.20.4 Foshan Soopoen Commercial Electric Water Heater Product Portfolio
8.20.5 Foshan Soopoen Recent Developments
8.21 JNOD
8.21.1 JNOD Comapny Information
8.21.2 JNOD Business Overview
8.21.3 JNOD Commercial Electric Water Heater Sales, Price, Revenue and Gross Margin (2020-2025)
8.21.4 JNOD Commercial Electric Water Heater Product Portfolio
8.21.5 JNOD Recent Developments
8.22 Seiwa Industrial
8.22.1 Seiwa Industrial Comapny Information
8.22.2 Seiwa Industrial Business Overview
8.22.3 Seiwa Industrial Commercial Electric Water Heater Sales, Price, Revenue and Gross Margin (2020-2025)
8.22.4 Seiwa Industrial Commercial Electric Water Heater Product Portfolio
8.22.5 Seiwa Industrial Recent Developments
9 Value Chain and Sales Channels Analysis
9.1 Commercial Electric Water Heater Value Chain Analysis
9.1.1 Commercial Electric Water Heater Key Raw Materials
9.1.2 Raw Materials Key Suppliers
9.1.3 Manufacturing Cost Structure
9.1.4 Commercial Electric Water Heater Production Mode & Process
9.2 Commercial Electric Water Heater Sales Channels Analysis
9.2.1 Direct Comparison with Distribution Share
9.2.2 Commercial Electric Water Heater Distributors
9.2.3 Commercial Electric Water Heater Customers
10 Concluding Insights
11 Appendix
11.1 Reasons for Doing This Study
11.2 Research Methodology
11.3 Research Process
11.4 Authors List of This Report
11.5 Data Source
11.5.1 Secondary Sources
11.5.2 Primary Sources
11.6 Disclaimer
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