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Global Commercial Water Heaters Market Research Report 2024
Synopsis
Water heating is a heat transfer process that uses an energy source to heat water above its initial temperature. Typical domestic uses of hot water include cooking, cleaning, bathing, and space heating. In industry, hot water and water heated to steam have many uses.
The global Commercial Water Heaters market was valued at US$ 5764.3 million in 2023 and is anticipated to reach US$ 8350.2 million by 2030, witnessing a CAGR of 5.3% during the forecast period 2024-2030.
End-users in the commercial and residential sectors are seeking methods to save expense on energy costs. Increasing tourism across the world is also inducing the hospitality sector, including hospitals, hotels, and airports, to build a resource-efficient business model. As a result, the hospitality industry has become a significant end-user of water heaters that help in saving costs.
This report aims to provide a comprehensive presentation of the global market for Commercial Water Heaters, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Commercial Water Heaters.
Report Scope
The Commercial Water Heaters market size, estimations, and forecasts are provided in terms of sales volume (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Commercial Water Heaters market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Commercial Water Heaters manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
A. O. Smith Corp.
Bradford White Corp.
Haier Electronics Group Co. Ltd.
Midea Group Co. Ltd.
Rinnai Corp
Ferroli
Bosch Thermotechnology
Segment by Type
Electric Water Heater
Gas Water Heater
Solar Water Heater
Segment by Application
College
Offices
Government
Others
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by 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 market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Commercial Water Heaters manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Sales, revenue of Commercial Water Heaters in regional level and country level. It 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 market size of each country in the world.
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: 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 7: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 8: Introduces 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 9: The main points and conclusions of the report.
Water heating is a heat transfer process that uses an energy source to heat water above its initial temperature. Typical domestic uses of hot water include cooking, cleaning, bathing, and space heating. In industry, hot water and water heated to steam have many uses.
The global Commercial Water Heaters market was valued at US$ 5764.3 million in 2023 and is anticipated to reach US$ 8350.2 million by 2030, witnessing a CAGR of 5.3% during the forecast period 2024-2030.
End-users in the commercial and residential sectors are seeking methods to save expense on energy costs. Increasing tourism across the world is also inducing the hospitality sector, including hospitals, hotels, and airports, to build a resource-efficient business model. As a result, the hospitality industry has become a significant end-user of water heaters that help in saving costs.
This report aims to provide a comprehensive presentation of the global market for Commercial Water Heaters, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Commercial Water Heaters.
Report Scope
The Commercial Water Heaters market size, estimations, and forecasts are provided in terms of sales volume (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Commercial Water Heaters market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Commercial Water Heaters manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
A. O. Smith Corp.
Bradford White Corp.
Haier Electronics Group Co. Ltd.
Midea Group Co. Ltd.
Rinnai Corp
Ferroli
Bosch Thermotechnology
Segment by Type
Electric Water Heater
Gas Water Heater
Solar Water Heater
Segment by Application
College
Offices
Government
Others
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by 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 market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Commercial Water Heaters manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Sales, revenue of Commercial Water Heaters in regional level and country level. It 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 market size of each country in the world.
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: 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 7: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 8: Introduces 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 9: The main points and conclusions of the report.
Index1 Commercial Water Heaters Market Overview
1.1 Product Overview and Scope of Commercial Water Heaters
1.2 Commercial Water Heaters Segment by Type
1.2.1 Global Commercial Water Heaters Market Value Comparison by Type (2024-2030)
1.2.2 Electric Water Heater
1.2.3 Gas Water Heater
1.2.4 Solar Water Heater
1.3 Commercial Water Heaters Segment by Application
1.3.1 Global Commercial Water Heaters Market Value by Application: (2024-2030)
1.3.2 College
1.3.3 Offices
1.3.4 Government
1.3.5 Others
1.4 Global Commercial Water Heaters Market Size Estimates and Forecasts
1.4.1 Global Commercial Water Heaters Revenue 2019-2030
1.4.2 Global Commercial Water Heaters Sales 2019-2030
1.4.3 Global Commercial Water Heaters Market Average Price (2019-2030)
1.5 Assumptions and Limitations
2 Commercial Water Heaters Market Competition by Manufacturers
2.1 Global Commercial Water Heaters Sales Market Share by Manufacturers (2019-2024)
2.2 Global Commercial Water Heaters Revenue Market Share by Manufacturers (2019-2024)
2.3 Global Commercial Water Heaters Average Price by Manufacturers (2019-2024)
2.4 Global Commercial Water Heaters Industry Ranking 2022 VS 2023 VS 2024
2.5 Global Key Manufacturers of Commercial Water Heaters, Manufacturing Sites & Headquarters
2.6 Global Key Manufacturers of Commercial Water Heaters, Product Type & Application
2.7 Commercial Water Heaters Market Competitive Situation and Trends
2.7.1 Commercial Water Heaters Market Concentration Rate
2.7.2 The Global Top 5 and Top 10 Largest Commercial Water Heaters Players Market Share by Revenue
2.7.3 Global Commercial Water Heaters Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.8 Manufacturers Mergers & Acquisitions, Expansion Plans
3 Commercial Water Heaters Retrospective Market Scenario by Region
3.1 Global Commercial Water Heaters Market Size by Region: 2019 Versus 2023 Versus 2030
3.2 Global Commercial Water Heaters Global Commercial Water Heaters Sales by Region: 2019-2030
3.2.1 Global Commercial Water Heaters Sales by Region: 2019-2024
3.2.2 Global Commercial Water Heaters Sales by Region: 2025-2030
3.3 Global Commercial Water Heaters Global Commercial Water Heaters Revenue by Region: 2019-2030
3.3.1 Global Commercial Water Heaters Revenue by Region: 2019-2024
3.3.2 Global Commercial Water Heaters Revenue by Region: 2025-2030
3.4 North America Commercial Water Heaters Market Facts & Figures by Country
3.4.1 North America Commercial Water Heaters Market Size by Country: 2019 VS 2023 VS 2030
3.4.2 North America Commercial Water Heaters Sales by Country (2019-2030)
3.4.3 North America Commercial Water Heaters Revenue by Country (2019-2030)
3.4.4 U.S.
3.4.5 Canada
3.5 Europe Commercial Water Heaters Market Facts & Figures by Country
3.5.1 Europe Commercial Water Heaters Market Size by Country: 2019 VS 2023 VS 2030
3.5.2 Europe Commercial Water Heaters Sales by Country (2019-2030)
3.5.3 Europe Commercial Water Heaters Revenue by Country (2019-2030)
3.5.4 Germany
3.5.5 France
3.5.6 U.K.
3.5.7 Italy
3.5.8 Russia
3.6 Asia Pacific Commercial Water Heaters Market Facts & Figures by Country
3.6.1 Asia Pacific Commercial Water Heaters Market Size by Country: 2019 VS 2023 VS 2030
3.6.2 Asia Pacific Commercial Water Heaters Sales by Country (2019-2030)
3.6.3 Asia Pacific Commercial Water Heaters Revenue by Country (2019-2030)
3.6.4 China
3.6.5 Japan
3.6.6 South Korea
3.6.7 India
3.6.8 Australia
3.6.9 Taiwan
3.6.10 Indonesia
3.6.11 Thailand
3.6.12 Malaysia
3.6.13 Philippines
3.7 Latin America Commercial Water Heaters Market Facts & Figures by Country
3.7.1 Latin America Commercial Water Heaters Market Size by Country: 2019 VS 2023 VS 2030
3.7.2 Latin America Commercial Water Heaters Sales by Country (2019-2030)
3.7.3 Latin America Commercial Water Heaters Revenue by Country (2019-2030)
3.7.4 Mexico
3.7.5 Brazil
3.7.6 Argentina
3.8 Middle East and Africa Commercial Water Heaters Market Facts & Figures by Country
3.8.1 Middle East and Africa Commercial Water Heaters Market Size by Country: 2019 VS 2023 VS 2030
3.8.2 Middle East and Africa Commercial Water Heaters Sales by Country (2019-2030)
3.8.3 Middle East and Africa Commercial Water Heaters Revenue by Country (2019-2030)
3.8.4 Turkey
3.8.5 Saudi Arabia
3.8.6 U.A.E
4 Segment by Type
4.1 Global Commercial Water Heaters Sales by Type (2019-2030)
4.1.1 Global Commercial Water Heaters Sales by Type (2019-2024)
4.1.2 Global Commercial Water Heaters Sales by Type (2025-2030)
4.1.3 Global Commercial Water Heaters Sales Market Share by Type (2019-2030)
4.2 Global Commercial Water Heaters Revenue by Type (2019-2030)
4.2.1 Global Commercial Water Heaters Revenue by Type (2019-2024)
4.2.2 Global Commercial Water Heaters Revenue by Type (2025-2030)
4.2.3 Global Commercial Water Heaters Revenue Market Share by Type (2019-2030)
4.3 Global Commercial Water Heaters Price by Type (2019-2030)
5 Segment by Application
5.1 Global Commercial Water Heaters Sales by Application (2019-2030)
5.1.1 Global Commercial Water Heaters Sales by Application (2019-2024)
5.1.2 Global Commercial Water Heaters Sales by Application (2025-2030)
5.1.3 Global Commercial Water Heaters Sales Market Share by Application (2019-2030)
5.2 Global Commercial Water Heaters Revenue by Application (2019-2030)
5.2.1 Global Commercial Water Heaters Revenue by Application (2019-2024)
5.2.2 Global Commercial Water Heaters Revenue by Application (2025-2030)
5.2.3 Global Commercial Water Heaters Revenue Market Share by Application (2019-2030)
5.3 Global Commercial Water Heaters Price by Application (2019-2030)
6 Key Companies Profiled
6.1 A. O. Smith Corp.
6.1.1 A. O. Smith Corp. Corporation Information
6.1.2 A. O. Smith Corp. Description and Business Overview
6.1.3 A. O. Smith Corp. Commercial Water Heaters Sales, Revenue and Gross Margin (2019-2024)
6.1.4 A. O. Smith Corp. Commercial Water Heaters Product Portfolio
6.1.5 A. O. Smith Corp. Recent Developments/Updates
6.2 Bradford White Corp.
6.2.1 Bradford White Corp. Corporation Information
6.2.2 Bradford White Corp. Description and Business Overview
6.2.3 Bradford White Corp. Commercial Water Heaters Sales, Revenue and Gross Margin (2019-2024)
6.2.4 Bradford White Corp. Commercial Water Heaters Product Portfolio
6.2.5 Bradford White Corp. Recent Developments/Updates
6.3 Haier Electronics Group Co. Ltd.
6.3.1 Haier Electronics Group Co. Ltd. Corporation Information
6.3.2 Haier Electronics Group Co. Ltd. Description and Business Overview
6.3.3 Haier Electronics Group Co. Ltd. Commercial Water Heaters Sales, Revenue and Gross Margin (2019-2024)
6.3.4 Haier Electronics Group Co. Ltd. Commercial Water Heaters Product Portfolio
6.3.5 Haier Electronics Group Co. Ltd. Recent Developments/Updates
6.4 Midea Group Co. Ltd.
6.4.1 Midea Group Co. Ltd. Corporation Information
6.4.2 Midea Group Co. Ltd. Description and Business Overview
6.4.3 Midea Group Co. Ltd. Commercial Water Heaters Sales, Revenue and Gross Margin (2019-2024)
6.4.4 Midea Group Co. Ltd. Commercial Water Heaters Product Portfolio
6.4.5 Midea Group Co. Ltd. Recent Developments/Updates
6.5 Rinnai Corp
6.5.1 Rinnai Corp Corporation Information
6.5.2 Rinnai Corp Description and Business Overview
6.5.3 Rinnai Corp Commercial Water Heaters Sales, Revenue and Gross Margin (2019-2024)
6.5.4 Rinnai Corp Commercial Water Heaters Product Portfolio
6.5.5 Rinnai Corp Recent Developments/Updates
6.6 Ferroli
6.6.1 Ferroli Corporation Information
6.6.2 Ferroli Description and Business Overview
6.6.3 Ferroli Commercial Water Heaters Sales, Revenue and Gross Margin (2019-2024)
6.6.4 Ferroli Commercial Water Heaters Product Portfolio
6.6.5 Ferroli Recent Developments/Updates
6.7 Bosch Thermotechnology
6.6.1 Bosch Thermotechnology Corporation Information
6.6.2 Bosch Thermotechnology Description and Business Overview
6.6.3 Bosch Thermotechnology Commercial Water Heaters Sales, Revenue and Gross Margin (2019-2024)
6.4.4 Bosch Thermotechnology Commercial Water Heaters Product Portfolio
6.7.5 Bosch Thermotechnology Recent Developments/Updates
7 Industry Chain and Sales Channels Analysis
7.1 Commercial Water Heaters Industry Chain Analysis
7.2 Commercial Water Heaters Key Raw Materials
7.2.1 Key Raw Materials
7.2.2 Raw Materials Key Suppliers
7.3 Commercial Water Heaters Production Mode & Process
7.4 Commercial Water Heaters Sales and Marketing
7.4.1 Commercial Water Heaters Sales Channels
7.4.2 Commercial Water Heaters Distributors
7.5 Commercial Water Heaters Customers
8 Commercial Water Heaters Market Dynamics
8.1 Commercial Water Heaters Industry Trends
8.2 Commercial Water Heaters Market Drivers
8.3 Commercial Water Heaters Market Challenges
8.4 Commercial Water Heaters Market Restraints
9 Research Finding and Conclusion
10 Methodology and Data Source
10.1 Methodology/Research Approach
10.1.1 Research Programs/Design
10.1.2 Market Size Estimation
10.1.3 Market Breakdown and Data Triangulation
10.2 Data Source
10.2.1 Secondary Sources
10.2.2 Primary Sources
10.3 Author List
10.4 Disclaimer
Published By : QY Research
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