Water Heater Manufacturing in the US - Industry Market Research Report
Description
Water Heater Manufacturing in the US
The Water Heater Manufacturing industry is relatively small in terms of participation, with only eight companies in operation. Most of these companies have at least some manufacturing capacity located outside the United States, and the industry is heavily affected by off- and on-shoring decisions made by these few companies. Industry revenue is estimated to grow at a CAGR of 2.6% to $3.6 billion over the five years to 2023, including an increase of 1.0% in 2023 alone. The COVID-19 pandemic initially hampered discretionary purchases as homeowners grew weary of the economic environment. However, home improvement spending soared with individuals spending much more time at home during the pandemic.
This industry manufactures water heaters, which are used in a variety of settings. Most industry products are found in homes, office buildings and industrial facilities. They are made in various sizes and types and are mostly powered by gas or electricity.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
The Water Heater Manufacturing industry is relatively small in terms of participation, with only eight companies in operation. Most of these companies have at least some manufacturing capacity located outside the United States, and the industry is heavily affected by off- and on-shoring decisions made by these few companies. Industry revenue is estimated to grow at a CAGR of 2.6% to $3.6 billion over the five years to 2023, including an increase of 1.0% in 2023 alone. The COVID-19 pandemic initially hampered discretionary purchases as homeowners grew weary of the economic environment. However, home improvement spending soared with individuals spending much more time at home during the pandemic.
This industry manufactures water heaters, which are used in a variety of settings. Most industry products are found in homes, office buildings and industrial facilities. They are made in various sizes and types and are mostly powered by gas or electricity.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
43 Pages
- ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Pricing
Currency Rates
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