Global Commercial Water Heaters Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031
Description
According to our (Global Info Research) latest study, the global Commercial Water Heaters market size was valued at US$ 10780 million in 2024 and is forecast to a readjusted size of USD 14960 million by 2031 with a CAGR of 4.8% during review period.
Commercial water heaters are large-scale water heating systems designed for use in commercial and industrial settings. They are typically used to provide hot water for various applications such as washing, cleaning, and sanitizing in hotels, restaurants, hospitals, schools, and other commercial establishments. Commercial water heaters are designed to operate continuously and handle high volumes of hot water demand, making them suitable for use in busy commercial environments. They are also equipped with advanced safety features such as temperature and pressure relief valves, automatic shut-off mechanisms, and leak detection systems to ensure safe and reliable operation.
Global key players of Commercial Water Heaters include A. O. Smith, Rinnai, Paloma, Midea, Ariston Thermo, etc. The top five players hold a share about 34%. Asia-Pacific is the largest market, and has a share about 41%, followed by Europe and North America with share 25% and 25%, separately. In terms of product type, Heat Pump Water Heater is the largest segment, accounting for a share of 35%. In terms of application, Hotel and Restaurant is the largest field with a share about 27 percent.
This report is a detailed and comprehensive analysis for global Commercial Water Heaters market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Commercial Water Heaters market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Commercial Water Heaters market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Commercial Water Heaters market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Commercial Water Heaters market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Commercial Water Heaters
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Commercial Water Heaters market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include A. O. Smith, Rinnai, Paloma, Midea, Ariston Thermo, Haier, Whirlpool, Noritz, Daikin, Gree, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Commercial Water Heaters market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Gas Water Heater
Electric Water Heater
Heat Pump Water Heater
Oil Fired Water Heater
Solar Water Heater
Others
Market segment by Application
Hotel and Apartment
Catering Service
School
Office Building
Hospital
Gym
Government
Others
Major players covered
A. O. Smith
Rinnai
Paloma
Midea
Ariston Thermo
Haier
Whirlpool
Noritz
Daikin
Gree
Bradford White
Bosch
Mitsubishi Electric
Mayekawa
Navien
Intellihot
Showa Manufacturing
Purpose Co
Itomic
Guangdong Vanward New Electric
Ferroli
JNOD
Seiwa Industrial
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Commercial Water Heaters product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Commercial Water Heaters, with price, sales quantity, revenue, and global market share of Commercial Water Heaters from 2020 to 2025.
Chapter 3, the Commercial Water Heaters competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Commercial Water Heaters breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Commercial Water Heaters market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Commercial Water Heaters.
Chapter 14 and 15, to describe Commercial Water Heaters sales channel, distributors, customers, research findings and conclusion.
Commercial water heaters are large-scale water heating systems designed for use in commercial and industrial settings. They are typically used to provide hot water for various applications such as washing, cleaning, and sanitizing in hotels, restaurants, hospitals, schools, and other commercial establishments. Commercial water heaters are designed to operate continuously and handle high volumes of hot water demand, making them suitable for use in busy commercial environments. They are also equipped with advanced safety features such as temperature and pressure relief valves, automatic shut-off mechanisms, and leak detection systems to ensure safe and reliable operation.
Global key players of Commercial Water Heaters include A. O. Smith, Rinnai, Paloma, Midea, Ariston Thermo, etc. The top five players hold a share about 34%. Asia-Pacific is the largest market, and has a share about 41%, followed by Europe and North America with share 25% and 25%, separately. In terms of product type, Heat Pump Water Heater is the largest segment, accounting for a share of 35%. In terms of application, Hotel and Restaurant is the largest field with a share about 27 percent.
This report is a detailed and comprehensive analysis for global Commercial Water Heaters market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Commercial Water Heaters market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Commercial Water Heaters market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Commercial Water Heaters market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Commercial Water Heaters market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Commercial Water Heaters
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Commercial Water Heaters market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include A. O. Smith, Rinnai, Paloma, Midea, Ariston Thermo, Haier, Whirlpool, Noritz, Daikin, Gree, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Commercial Water Heaters market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Gas Water Heater
Electric Water Heater
Heat Pump Water Heater
Oil Fired Water Heater
Solar Water Heater
Others
Market segment by Application
Hotel and Apartment
Catering Service
School
Office Building
Hospital
Gym
Government
Others
Major players covered
A. O. Smith
Rinnai
Paloma
Midea
Ariston Thermo
Haier
Whirlpool
Noritz
Daikin
Gree
Bradford White
Bosch
Mitsubishi Electric
Mayekawa
Navien
Intellihot
Showa Manufacturing
Purpose Co
Itomic
Guangdong Vanward New Electric
Ferroli
JNOD
Seiwa Industrial
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Commercial Water Heaters product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Commercial Water Heaters, with price, sales quantity, revenue, and global market share of Commercial Water Heaters from 2020 to 2025.
Chapter 3, the Commercial Water Heaters competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Commercial Water Heaters breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Commercial Water Heaters market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Commercial Water Heaters.
Chapter 14 and 15, to describe Commercial Water Heaters sales channel, distributors, customers, research findings and conclusion.
Table of Contents
165 Pages
- 1 Market Overview
- 2 Manufacturers Profiles
- 3 Competitive Environment: Commercial Water Heaters by Manufacturer
- 4 Consumption Analysis by Region
- 5 Market Segment by Type
- 6 Market Segment by Application
- 7 North America
- 8 Europe
- 9 Asia-Pacific
- 10 South America
- 11 Middle East & Africa
- 12 Market Dynamics
- 13 Raw Material and Industry Chain
- 14 Shipments by Distribution Channel
- 15 Research Findings and Conclusion
- 16 Appendix
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