Global Water Heaters Market Research Report 2025(Status and Outlook)
Description
Report Overview
Water heater is to point to through all sorts of physics principle, make cold water temperature rises to become hot water in certain time one kind of device.
The global Water Heaters market size was estimated at USD 29270.0 million in 2024 and is projected to grow at a compound annual growth rate (CAGR) of 0.03% during the forecast period.
This report provides a deep insight into the global 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 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 Water Heaters market in any manner.
Global 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
A.O.Smith
General Electric
Bradford White
Rheem Manufacturing
Noritz
Bosch
Eemax
Rinnai
Haier
Siemens
Midea Group
GREE
Electrolux
Reliance Water Heater
HTP
Chigo
Market Segmentation (by Type)
Eletric Water Heater
Fossil Fuel Water Heater
Gas Water Heater
Solar Water Heater
Other
Market Segmentation (by Application)
Residential
Commercial
Industrial
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 Water Heaters Market
Overview of the regional outlook of the 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 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 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
Water heater is to point to through all sorts of physics principle, make cold water temperature rises to become hot water in certain time one kind of device.
The global Water Heaters market size was estimated at USD 29270.0 million in 2024 and is projected to grow at a compound annual growth rate (CAGR) of 0.03% during the forecast period.
This report provides a deep insight into the global 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 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 Water Heaters market in any manner.
Global 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
A.O.Smith
General Electric
Bradford White
Rheem Manufacturing
Noritz
Bosch
Eemax
Rinnai
Haier
Siemens
Midea Group
GREE
Electrolux
Reliance Water Heater
HTP
Chigo
Market Segmentation (by Type)
Eletric Water Heater
Fossil Fuel Water Heater
Gas Water Heater
Solar Water Heater
Other
Market Segmentation (by Application)
Residential
Commercial
Industrial
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 Water Heaters Market
Overview of the regional outlook of the 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 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 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
153 Pages
- 1 Research Methodology And Statistical Scope
- 1.1 Market Definition And Statistical Scope Of Water Heaters
- 1.2 Key Market Segments
- 1.2.1 Water Heaters Segment By Type
- 1.2.2 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 Water Heaters Market Overview
- 2.1 Global Market Overview
- 2.1.1 Global Water Heaters Market Size (M Usd) Estimates And Forecasts (2020-2033)
- 2.1.2 Global Water Heaters Sales Estimates And Forecasts (2020-2033)
- 2.2 Market Segment Executive Summary
- 2.3 Global Market Size By Region
- 3 Water Heaters Market Competitive Landscape
- 3.1 Company Assessment Quadrant
- 3.2 Global Water Heaters Product Life Cycle
- 3.3 Global Water Heaters Sales By Manufacturers (2020-2025)
- 3.4 Global Water Heaters Revenue Market Share By Manufacturers (2020-2025)
- 3.5 Water Heaters Market Share By Company Type (Tier 1, Tier 2, And Tier 3)
- 3.6 Global Water Heaters Average Price By Manufacturers (2020-2025)
- 3.7 Manufacturers’ Manufacturing Sites, Areas Served, And Product Types
- 3.8 Water Heaters Market Competitive Situation And Trends
- 3.8.1 Water Heaters Market Concentration Rate
- 3.8.2 Global 5 And 10 Largest Water Heaters Players Market Share By Revenue
- 3.8.3 Mergers & Acquisitions, Expansion
- 4 Water Heaters Industry Chain Analysis
- 4.1 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 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 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 Water Heaters Market
- 5.7 Esg Ratings Of Leading Companies
- 6 Water Heaters Market Segmentation By Type
- 6.1 Evaluation Matrix Of Segment Market Development Potential (Type)
- 6.2 Global Water Heaters Sales Market Share By Type (2020-2025)
- 6.3 Global Water Heaters Market Size Market Share By Type (2020-2025)
- 6.4 Global Water Heaters Price By Type (2020-2025)
- 7 Water Heaters Market Segmentation By Application
- 7.1 Evaluation Matrix Of Segment Market Development Potential (Application)
- 7.2 Global Water Heaters Market Sales By Application (2020-2025)
- 7.3 Global Water Heaters Market Size (M Usd) By Application (2020-2025)
- 7.4 Global Water Heaters Sales Growth Rate By Application (2020-2025)
- 8 Water Heaters Market Sales By Region
- 8.1 Global Water Heaters Sales By Region
- 8.1.1 Global Water Heaters Sales By Region
- 8.1.2 Global Water Heaters Sales Market Share By Region
- 8.2 Global Water Heaters Market Size By Region
- 8.2.1 Global Water Heaters Market Size By Region
- 8.2.2 Global Water Heaters Market Size Market Share By Region
- 8.3 North America
- 8.3.1 North America Water Heaters Sales By Country
- 8.3.2 North America 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 Water Heaters Sales By Country
- 8.4.2 Europe 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 Water Heaters Sales By Region
- 8.5.2 Asia Pacific 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 Water Heaters Sales By Country
- 8.6.2 South America 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 Water Heaters Sales By Region
- 8.7.2 Middle East And Africa 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 Water Heaters Market Production By Region
- 9.1 Global Production Of Water Heaters By Region(2020-2025)
- 9.2 Global Water Heaters Revenue Market Share By Region (2020-2025)
- 9.3 Global Water Heaters Production, Revenue, Price And Gross Margin (2020-2025)
- 9.4 North America Water Heaters Production
- 9.4.1 North America Water Heaters Production Growth Rate (2020-2025)
- 9.4.2 North America Water Heaters Production, Revenue, Price And Gross Margin (2020-2025)
- 9.5 Europe Water Heaters Production
- 9.5.1 Europe Water Heaters Production Growth Rate (2020-2025)
- 9.5.2 Europe Water Heaters Production, Revenue, Price And Gross Margin (2020-2025)
- 9.6 Japan Water Heaters Production (2020-2025)
- 9.6.1 Japan Water Heaters Production Growth Rate (2020-2025)
- 9.6.2 Japan Water Heaters Production, Revenue, Price And Gross Margin (2020-2025)
- 9.7 China Water Heaters Production (2020-2025)
- 9.7.1 China Water Heaters Production Growth Rate (2020-2025)
- 9.7.2 China Water Heaters Production, Revenue, Price And Gross Margin (2020-2025)
- 10 Key Companies Profile
- 10.1 A.O.Smith
- 10.1.1 A.O.Smith Basic Information
- 10.1.2 A.O.Smith Water Heaters Product Overview
- 10.1.3 A.O.Smith Water Heaters Product Market Performance
- 10.1.4 A.O.Smith Business Overview
- 10.1.5 A.O.Smith Swot Analysis
- 10.1.6 A.O.Smith Recent Developments
- 10.2 General Electric
- 10.2.1 General Electric Basic Information
- 10.2.2 General Electric Water Heaters Product Overview
- 10.2.3 General Electric Water Heaters Product Market Performance
- 10.2.4 General Electric Business Overview
- 10.2.5 General Electric Swot Analysis
- 10.2.6 General Electric Recent Developments
- 10.3 Bradford White
- 10.3.1 Bradford White Basic Information
- 10.3.2 Bradford White Water Heaters Product Overview
- 10.3.3 Bradford White Water Heaters Product Market Performance
- 10.3.4 Bradford White Business Overview
- 10.3.5 Bradford White Swot Analysis
- 10.3.6 Bradford White Recent Developments
- 10.4 Rheem Manufacturing
- 10.4.1 Rheem Manufacturing Basic Information
- 10.4.2 Rheem Manufacturing Water Heaters Product Overview
- 10.4.3 Rheem Manufacturing Water Heaters Product Market Performance
- 10.4.4 Rheem Manufacturing Business Overview
- 10.4.5 Rheem Manufacturing Recent Developments
- 10.5 Noritz
- 10.5.1 Noritz Basic Information
- 10.5.2 Noritz Water Heaters Product Overview
- 10.5.3 Noritz Water Heaters Product Market Performance
- 10.5.4 Noritz Business Overview
- 10.5.5 Noritz Recent Developments
- 10.6 Bosch
- 10.6.1 Bosch Basic Information
- 10.6.2 Bosch Water Heaters Product Overview
- 10.6.3 Bosch Water Heaters Product Market Performance
- 10.6.4 Bosch Business Overview
- 10.6.5 Bosch Recent Developments
- 10.7 Eemax
- 10.7.1 Eemax Basic Information
- 10.7.2 Eemax Water Heaters Product Overview
- 10.7.3 Eemax Water Heaters Product Market Performance
- 10.7.4 Eemax Business Overview
- 10.7.5 Eemax Recent Developments
- 10.8 Rinnai
- 10.8.1 Rinnai Basic Information
- 10.8.2 Rinnai Water Heaters Product Overview
- 10.8.3 Rinnai Water Heaters Product Market Performance
- 10.8.4 Rinnai Business Overview
- 10.8.5 Rinnai Recent Developments
- 10.9 Haier
- 10.9.1 Haier Basic Information
- 10.9.2 Haier Water Heaters Product Overview
- 10.9.3 Haier Water Heaters Product Market Performance
- 10.9.4 Haier Business Overview
- 10.9.5 Haier Recent Developments
- 10.10 Siemens
- 10.10.1 Siemens Basic Information
- 10.10.2 Siemens Water Heaters Product Overview
- 10.10.3 Siemens Water Heaters Product Market Performance
- 10.10.4 Siemens Business Overview
- 10.10.5 Siemens Recent Developments
- 10.11 Midea Group
- 10.11.1 Midea Group Basic Information
- 10.11.2 Midea Group Water Heaters Product Overview
- 10.11.3 Midea Group Water Heaters Product Market Performance
- 10.11.4 Midea Group Business Overview
- 10.11.5 Midea Group Recent Developments
- 10.12 Gree
- 10.12.1 Gree Basic Information
- 10.12.2 Gree Water Heaters Product Overview
- 10.12.3 Gree Water Heaters Product Market Performance
- 10.12.4 Gree Business Overview
- 10.12.5 Gree Recent Developments
- 10.13 Electrolux
- 10.13.1 Electrolux Basic Information
- 10.13.2 Electrolux Water Heaters Product Overview
- 10.13.3 Electrolux Water Heaters Product Market Performance
- 10.13.4 Electrolux Business Overview
- 10.13.5 Electrolux Recent Developments
- 10.14 Reliance Water Heater
- 10.14.1 Reliance Water Heater Basic Information
- 10.14.2 Reliance Water Heater Water Heaters Product Overview
- 10.14.3 Reliance Water Heater Water Heaters Product Market Performance
- 10.14.4 Reliance Water Heater Business Overview
- 10.14.5 Reliance Water Heater Recent Developments
- 10.15 Htp
- 10.15.1 Htp Basic Information
- 10.15.2 Htp Water Heaters Product Overview
- 10.15.3 Htp Water Heaters Product Market Performance
- 10.15.4 Htp Business Overview
- 10.15.5 Htp Recent Developments
- 10.16 Chigo
- 10.16.1 Chigo Basic Information
- 10.16.2 Chigo Water Heaters Product Overview
- 10.16.3 Chigo Water Heaters Product Market Performance
- 10.16.4 Chigo Business Overview
- 10.16.5 Chigo Recent Developments
- 11 Water Heaters Market Forecast By Region
- 11.1 Global Water Heaters Market Size Forecast
- 11.2 Global Water Heaters Market Forecast By Region
- 11.2.1 North America Market Size Forecast By Country
- 11.2.2 Europe Water Heaters Market Size Forecast By Country
- 11.2.3 Asia Pacific Water Heaters Market Size Forecast By Region
- 11.2.4 South America Water Heaters Market Size Forecast By Country
- 11.2.5 Middle East And Africa Forecasted Sales Of Water Heaters By Country
- 12 Forecast Market By Type And By Application (2026-2033)
- 12.1 Global Water Heaters Market Forecast By Type (2026-2033)
- 12.1.1 Global Forecasted Sales Of Water Heaters By Type (2026-2033)
- 12.1.2 Global Water Heaters Market Size Forecast By Type (2026-2033)
- 12.1.3 Global Forecasted Price Of Water Heaters By Type (2026-2033)
- 12.2 Global Water Heaters Market Forecast By Application (2026-2033)
- 12.2.1 Global Water Heaters Sales (K Units) Forecast By Application
- 12.2.2 Global Water Heaters Market Size (M Usd) Forecast By Application (2026-2033)
- 13 Conclusion And Key Findings
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
