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Global Commercial Storage Water Heaters Market Research Report 2025(Status and Outlook)

Publisher Bosson Research
Published Jul 02, 2025
Length 159 Pages
SKU # BOSS20193641

Description

Report Overview

Commercial storage water heaters are large-capacity, tank-based systems designed to provide a continuous supply of hot water for commercial and industrial applications, such as hotels, hospitals, restaurants, and manufacturing facilities. These units typically feature durable construction, high recovery rates, and energy-efficient designs to meet heavy usage demands. Key variations include electric, gas-fired, and heat pump models, each catering to different operational needs and fuel availability. The market is driven by factors such as rising demand for energy-efficient solutions, stringent regulations on emissions, and the expansion of the hospitality and healthcare sectors. Growth is further supported by advancements in smart controls and hybrid heating technologies, which enhance performance and reduce operational costs. However, challenges like high upfront costs and competition from tankless alternatives may impact adoption rates in cost-sensitive markets. Regional demand varies, with North America and Europe prioritizing energy efficiency, while emerging markets in Asia-Pacific and the Middle East focus on infrastructure development and urbanization-driven demand. Overall, the market remains competitive, with manufacturers emphasizing innovation, durability, and compliance with environmental standards to capture market share.

The global Commercial Storage Water Heaters market size was estimated at USD 3030.5 million in 2024, exhibiting a CAGR of 4.50% during the forecast period.

This report provides a deep insight into the global Commercial Storage Water Heaters market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Commercial Storage Water Heaters Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Commercial Storage Water Heaters market in any manner.

Global Commercial Storage Water Heaters Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

American Water Heaters

A.O.Smith

Aquamax Australia

Bradford White Corporation

Laars

Giant

Lochinvar

American Standard Water Heaters

Rheem Manufacturing Company

State Industries

Bosch

Noritz Corporation

JLA

Guangdong Jianggong

Guangdong Shunde Guanggu

Market Segmentation (by Type)

Electric

Gas

Market Segmentation (by Application)

Medical Facilities

Hotels

Commercial Buildings

Others

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Commercial Storage Water Heaters Market

Overview of the regional outlook of the Commercial Storage Water Heaters Market:

Chapter Outline

Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.

Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the Commercial Storage Water Heaters Market and its likely evolution in the short to mid-term, and long term.

Chapter 3 makes a detailed analysis of the market's competitive landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.

Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.

Chapter 5 introduces the 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 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 7 provides the analysis of various market segments according to 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 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.

Chapter 9 shares the main producing countries of Commercial Storage Water Heaters, their output value, profit level, regional supply, production capacity layout, etc. from the supply side.

Chapter 10 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.

Chapter 11 provides a quantitative analysis of the market size and development potential of each region in the next five years.

Chapter 12 provides a quantitative analysis of the market size and development potential of each market segment in the next five years.

Chapter 13 is the main points and conclusions of the report.

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors

You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents

The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly

Provision of market value data for each segment and sub-segment

Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market

Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region

Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled

Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players

The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions

Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis

Provides insight into the market through Value Chain

Market dynamics scenario, along with growth opportunities of the market in the years to come

Table of Contents

159 Pages
1 Research Methodology and Statistical Scope
1.1 Market Definition and Statistical Scope of Commercial Storage Water Heaters
1.2 Key Market Segments
1.2.1 Commercial Storage Water Heaters Segment by Type
1.2.2 Commercial Storage Water Heaters Segment by Application
1.3 Methodology & Sources of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown and Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 Commercial Storage Water Heaters Market Overview
2.1 Global Market Overview
2.1.1 Global Commercial Storage Water Heaters Market Size (M USD) Estimates and Forecasts (2020-2033)
2.1.2 Global Commercial Storage Water Heaters Sales Estimates and Forecasts (2020-2033)
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
3 Commercial Storage Water Heaters Market Competitive Landscape
3.1 Company Assessment Quadrant
3.2 Global Commercial Storage Water Heaters Product Life Cycle
3.3 Global Commercial Storage Water Heaters Sales by Manufacturers (2020-2025)
3.4 Global Commercial Storage Water Heaters Revenue Market Share by Manufacturers (2020-2025)
3.5 Commercial Storage Water Heaters Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.6 Global Commercial Storage Water Heaters Average Price by Manufacturers (2020-2025)
3.7 Manufacturers’ Manufacturing Sites, Areas Served, and Product Types
3.8 Commercial Storage Water Heaters Market Competitive Situation and Trends
3.8.1 Commercial Storage Water Heaters Market Concentration Rate
3.8.2 Global 5 and 10 Largest Commercial Storage Water Heaters Players Market Share by Revenue
3.8.3 Mergers & Acquisitions, Expansion
4 Commercial Storage Water Heaters Industry Chain Analysis
4.1 Commercial Storage Water Heaters Industry Chain Analysis
4.2 Market Overview of Key Raw Materials
4.3 Midstream Market Analysis
4.4 Downstream Customer Analysis
5 The Development and Dynamics of Commercial Storage Water Heaters Market
5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Industry News
5.4.1 New Product Developments
5.4.2 Mergers & Acquisitions
5.4.3 Expansions
5.4.4 Collaboration/Supply Contracts
5.5 PEST Analysis
5.5.1 Industry Policies Analysis
5.5.2 Economic Environment Analysis
5.5.3 Social Environment Analysis
5.5.4 Technological Environment Analysis
5.6 Global Commercial Storage Water Heaters Market Porter's Five Forces Analysis
5.6.1 Global Trade Frictions
5.6.2 U.S. Tariff Policy – April 2025
5.6.3 Global Trade Frictions and Their Impacts to Commercial Storage Water Heaters Market
5.7 ESG Ratings of Leading Companies
6 Commercial Storage Water Heaters Market Segmentation by Type
6.1 Evaluation Matrix of Segment Market Development Potential (Type)
6.2 Global Commercial Storage Water Heaters Sales Market Share by Type (2020-2025)
6.3 Global Commercial Storage Water Heaters Market Size Market Share by Type (2020-2025)
6.4 Global Commercial Storage Water Heaters Price by Type (2020-2025)
7 Commercial Storage Water Heaters Market Segmentation by Application
7.1 Evaluation Matrix of Segment Market Development Potential (Application)
7.2 Global Commercial Storage Water Heaters Market Sales by Application (2020-2025)
7.3 Global Commercial Storage Water Heaters Market Size (M USD) by Application (2020-2025)
7.4 Global Commercial Storage Water Heaters Sales Growth Rate by Application (2020-2025)
8 Commercial Storage Water Heaters Market Sales by Region
8.1 Global Commercial Storage Water Heaters Sales by Region
8.1.1 Global Commercial Storage Water Heaters Sales by Region
8.1.2 Global Commercial Storage Water Heaters Sales Market Share by Region
8.2 Global Commercial Storage Water Heaters Market Size by Region
8.2.1 Global Commercial Storage Water Heaters Market Size by Region
8.2.2 Global Commercial Storage Water Heaters Market Size Market Share by Region
8.3 North America
8.3.1 North America Commercial Storage Water Heaters Sales by Country
8.3.2 North America Commercial Storage Water Heaters Market Size by Country
8.3.3 U.S. Market Overview
8.3.4 Canada Market Overview
8.3.5 Mexico Market Overview
8.4 Europe
8.4.1 Europe Commercial Storage Water Heaters Sales by Country
8.4.2 Europe Commercial Storage Water Heaters Market Size by Country
8.4.3 Germany Market Overview
8.4.4 France Market Overview
8.4.5 U.K. Market Overview
8.4.6 Italy Market Overview
8.4.7 Spain Market Overview
8.5 Asia Pacific
8.5.1 Asia Pacific Commercial Storage Water Heaters Sales by Region
8.5.2 Asia Pacific Commercial Storage Water Heaters Market Size by Region
8.5.3 China Market Overview
8.5.4 Japan Market Overview
8.5.5 South Korea Market Overview
8.5.6 India Market Overview
8.5.7 Southeast Asia Market Overview
8.6 South America
8.6.1 South America Commercial Storage Water Heaters Sales by Country
8.6.2 South America Commercial Storage Water Heaters Market Size by Country
8.6.3 Brazil Market Overview
8.6.4 Argentina Market Overview
8.6.5 Columbia Market Overview
8.7 Middle East and Africa
8.7.1 Middle East and Africa Commercial Storage Water Heaters Sales by Region
8.7.2 Middle East and Africa Commercial Storage Water Heaters Market Size by Region
8.7.3 Saudi Arabia Market Overview
8.7.4 UAE Market Overview
8.7.5 Egypt Market Overview
8.7.6 Nigeria Market Overview
8.7.7 South Africa Market Overview
9 Commercial Storage Water Heaters Market Production by Region
9.1 Global Production of Commercial Storage Water Heaters by Region(2020-2025)
9.2 Global Commercial Storage Water Heaters Revenue Market Share by Region (2020-2025)
9.3 Global Commercial Storage Water Heaters Production, Revenue, Price and Gross Margin (2020-2025)
9.4 North America Commercial Storage Water Heaters Production
9.4.1 North America Commercial Storage Water Heaters Production Growth Rate (2020-2025)
9.4.2 North America Commercial Storage Water Heaters Production, Revenue, Price and Gross Margin (2020-2025)
9.5 Europe Commercial Storage Water Heaters Production
9.5.1 Europe Commercial Storage Water Heaters Production Growth Rate (2020-2025)
9.5.2 Europe Commercial Storage Water Heaters Production, Revenue, Price and Gross Margin (2020-2025)
9.6 Japan Commercial Storage Water Heaters Production (2020-2025)
9.6.1 Japan Commercial Storage Water Heaters Production Growth Rate (2020-2025)
9.6.2 Japan Commercial Storage Water Heaters Production, Revenue, Price and Gross Margin (2020-2025)
9.7 China Commercial Storage Water Heaters Production (2020-2025)
9.7.1 China Commercial Storage Water Heaters Production Growth Rate (2020-2025)
9.7.2 China Commercial Storage Water Heaters Production, Revenue, Price and Gross Margin (2020-2025)
10 Key Companies Profile
10.1 American Water Heaters
10.1.1 American Water Heaters Basic Information
10.1.2 American Water Heaters Commercial Storage Water Heaters Product Overview
10.1.3 American Water Heaters Commercial Storage Water Heaters Product Market Performance
10.1.4 American Water Heaters Business Overview
10.1.5 American Water Heaters SWOT Analysis
10.1.6 American Water Heaters Recent Developments
10.2 A.O.Smith
10.2.1 A.O.Smith Basic Information
10.2.2 A.O.Smith Commercial Storage Water Heaters Product Overview
10.2.3 A.O.Smith Commercial Storage Water Heaters Product Market Performance
10.2.4 A.O.Smith Business Overview
10.2.5 A.O.Smith SWOT Analysis
10.2.6 A.O.Smith Recent Developments
10.3 Aquamax Australia
10.3.1 Aquamax Australia Basic Information
10.3.2 Aquamax Australia Commercial Storage Water Heaters Product Overview
10.3.3 Aquamax Australia Commercial Storage Water Heaters Product Market Performance
10.3.4 Aquamax Australia Business Overview
10.3.5 Aquamax Australia SWOT Analysis
10.3.6 Aquamax Australia Recent Developments
10.4 Bradford White Corporation
10.4.1 Bradford White Corporation Basic Information
10.4.2 Bradford White Corporation Commercial Storage Water Heaters Product Overview
10.4.3 Bradford White Corporation Commercial Storage Water Heaters Product Market Performance
10.4.4 Bradford White Corporation Business Overview
10.4.5 Bradford White Corporation Recent Developments
10.5 Laars
10.5.1 Laars Basic Information
10.5.2 Laars Commercial Storage Water Heaters Product Overview
10.5.3 Laars Commercial Storage Water Heaters Product Market Performance
10.5.4 Laars Business Overview
10.5.5 Laars Recent Developments
10.6 Giant
10.6.1 Giant Basic Information
10.6.2 Giant Commercial Storage Water Heaters Product Overview
10.6.3 Giant Commercial Storage Water Heaters Product Market Performance
10.6.4 Giant Business Overview
10.6.5 Giant Recent Developments
10.7 Lochinvar
10.7.1 Lochinvar Basic Information
10.7.2 Lochinvar Commercial Storage Water Heaters Product Overview
10.7.3 Lochinvar Commercial Storage Water Heaters Product Market Performance
10.7.4 Lochinvar Business Overview
10.7.5 Lochinvar Recent Developments
10.8 American Standard Water Heaters
10.8.1 American Standard Water Heaters Basic Information
10.8.2 American Standard Water Heaters Commercial Storage Water Heaters Product Overview
10.8.3 American Standard Water Heaters Commercial Storage Water Heaters Product Market Performance
10.8.4 American Standard Water Heaters Business Overview
10.8.5 American Standard Water Heaters Recent Developments
10.9 Rheem Manufacturing Company
10.9.1 Rheem Manufacturing Company Basic Information
10.9.2 Rheem Manufacturing Company Commercial Storage Water Heaters Product Overview
10.9.3 Rheem Manufacturing Company Commercial Storage Water Heaters Product Market Performance
10.9.4 Rheem Manufacturing Company Business Overview
10.9.5 Rheem Manufacturing Company Recent Developments
10.10 State Industries
10.10.1 State Industries Basic Information
10.10.2 State Industries Commercial Storage Water Heaters Product Overview
10.10.3 State Industries Commercial Storage Water Heaters Product Market Performance
10.10.4 State Industries Business Overview
10.10.5 State Industries Recent Developments
10.11 Bosch
10.11.1 Bosch Basic Information
10.11.2 Bosch Commercial Storage Water Heaters Product Overview
10.11.3 Bosch Commercial Storage Water Heaters Product Market Performance
10.11.4 Bosch Business Overview
10.11.5 Bosch Recent Developments
10.12 Noritz Corporation
10.12.1 Noritz Corporation Basic Information
10.12.2 Noritz Corporation Commercial Storage Water Heaters Product Overview
10.12.3 Noritz Corporation Commercial Storage Water Heaters Product Market Performance
10.12.4 Noritz Corporation Business Overview
10.12.5 Noritz Corporation Recent Developments
10.13 JLA
10.13.1 JLA Basic Information
10.13.2 JLA Commercial Storage Water Heaters Product Overview
10.13.3 JLA Commercial Storage Water Heaters Product Market Performance
10.13.4 JLA Business Overview
10.13.5 JLA Recent Developments
10.14 Guangdong Jianggong
10.14.1 Guangdong Jianggong Basic Information
10.14.2 Guangdong Jianggong Commercial Storage Water Heaters Product Overview
10.14.3 Guangdong Jianggong Commercial Storage Water Heaters Product Market Performance
10.14.4 Guangdong Jianggong Business Overview
10.14.5 Guangdong Jianggong Recent Developments
10.15 Guangdong Shunde Guanggu
10.15.1 Guangdong Shunde Guanggu Basic Information
10.15.2 Guangdong Shunde Guanggu Commercial Storage Water Heaters Product Overview
10.15.3 Guangdong Shunde Guanggu Commercial Storage Water Heaters Product Market Performance
10.15.4 Guangdong Shunde Guanggu Business Overview
10.15.5 Guangdong Shunde Guanggu Recent Developments
11 Commercial Storage Water Heaters Market Forecast by Region
11.1 Global Commercial Storage Water Heaters Market Size Forecast
11.2 Global Commercial Storage Water Heaters Market Forecast by Region
11.2.1 North America Market Size Forecast by Country
11.2.2 Europe Commercial Storage Water Heaters Market Size Forecast by Country
11.2.3 Asia Pacific Commercial Storage Water Heaters Market Size Forecast by Region
11.2.4 South America Commercial Storage Water Heaters Market Size Forecast by Country
11.2.5 Middle East and Africa Forecasted Sales of Commercial Storage Water Heaters by Country
12 Forecast Market by Type and by Application (2026-2033)
12.1 Global Commercial Storage Water Heaters Market Forecast by Type (2026-2033)
12.1.1 Global Forecasted Sales of Commercial Storage Water Heaters by Type (2026-2033)
12.1.2 Global Commercial Storage Water Heaters Market Size Forecast by Type (2026-2033)
12.1.3 Global Forecasted Price of Commercial Storage Water Heaters by Type (2026-2033)
12.2 Global Commercial Storage Water Heaters Market Forecast by Application (2026-2033)
12.2.1 Global Commercial Storage Water Heaters Sales (K MT) Forecast by Application
12.2.2 Global Commercial Storage Water Heaters Market Size (M USD) Forecast by Application (2026-2033)
13 Conclusion and Key Findings
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