Commercial Water Heaters Market 2024-2028
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overview_1
Incremental Growth2024-2028 (US$mn)

$ 2617.8

overview_2
2024 Year-over-Year Growth

4.11%

overview_3
CAGR (2024-2028)

4.36%

overview_4
Report Coverage

Global

Commercial Water Heaters Market Segmentation

Market Segmentation & Scope
Type
Electric water heater Gas water heater Solar water heater
Distribution Channel
Offline Online

Geography

Europe

UK France Germany

APAC

China India Japan South Korea

North America

US Canada

South America

Brazil

Middle East and Africa

UAE

Market Segment by Geographic Landscape

regional_img

43%

of the growth will originate

from APAC

Global Market Size 2018 - 2028 (US$ Mn)

Market is segmented by Type into Electric water heater, Gas water heater, Solar water heater

The Electric water heater is expected to be largest growing segment during 2024-2028

Largest Segment - Electric water heater

US$ 27,038.00 Mn

Commercial Water Heaters Market by Type into Electric water heater; 2018-2028 (US$ Mn)

Electric water heater Market Revenue and Forecast 2018-2028 (US$ Mn)

Electric water heater

  • Electric water heater Market Size and Forecast 2018 to 2028 (US$ Mn)

Commercial Water Heaters Market by Type into Gas water heater; 2018-2028 (US$ Mn)

Gas water heater Market Revenue and Forecast 2018-2028 (US$ Mn)

Gas water heater

  • Gas water heater Market Size and Forecast 2018 to 2028 (US$ Mn)

Commercial Water Heaters Market by Type into Solar water heater; 2018-2028 (US$ Mn)

Solar water heater Market Revenue and Forecast 2018-2028 (US$ Mn)

Solar water heater

  • Solar water heater Market Size and Forecast 2018 to 2028 (US$ Mn)

Market is segmented by Distribution Channel into Offline, Online

The Offline is expected to be largest growing segment during 2024-2028

Largest Segment - Offline

US$ 41,177.60 Mn

Commercial Water Heaters Market Size by Segmentation, by Distribution Channel (US$ Mn)

Distribution Channel 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 CAGR (%)
Offline 7969.40 XX XX XX XX XX XX XX XX XX XX XX
Online XX 1601.50 XX XX XX XX XX XX XX XX XX XX

Commercial Water Heaters Market by Distribution Channel into Offline; 2018-2028 (US$ Mn)

Offline Market Revenue and Forecast 2018-2028 (US$ Mn)

Offline

  • Offline Market Size and Forecast 2018 to 2028 (US$ Mn)

Commercial Water Heaters Market by Distribution Channel into Online; 2018-2028 (US$ Mn)

Online Market Revenue and Forecast 2018-2028 (US$ Mn)

Online

  • Online Market Size and Forecast 2018 to 2028 (US$ Mn)

Market is segmented by Geography into APAC, Europe, North America, South America, Middle East and Africa

The APAC is estimated to contribute 43% to the growth of global market during the forecast period 2024-2028.

Largest Segment - APAC

43%

Regional share of different regions, including APAC, Europe, North America, South America

Region 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 CAGR (%)
APAC 3587.60 XX XX XX XX XX XX XX XX XX XX XX
Europe XX 2679.40 XX XX XX XX XX XX XX XX XX XX
North America XX XX 1839.80 XX XX XX XX XX XX XX XX XX
South America XX XX XX 912.30 958.90 XX XX XX XX XX XX XX
Middle East and Africa XX XX XX XX XX XX XX XX XX XX XX XX

Commercial Water Heaters Market Size by Geography into APAC; 2018-2028 (US$ Mn)

APAC Market Revenue and Forecast 2018-2028 (US$ Mn)

Commercial Water Heaters Market Size by Country into China; 2018-2028 (US$ Mn)

China Market Revenue and Forecast 2018-2028 (US$ Mn)

Commercial Water Heaters Market Size by Country into India; 2018-2028 (US$ Mn)

India Market Revenue and Forecast 2018-2028 (US$ Mn)

Commercial Water Heaters Market Size by Country into Japan; 2018-2028 (US$ Mn)

Japan Market Revenue and Forecast 2018-2028 (US$ Mn)

Commercial Water Heaters Market Size by Geography into Europe; 2018-2028 (US$ Mn)

Europe Market Revenue and Forecast 2018-2028 (US$ Mn)

Commercial Water Heaters Market Size by Country into Germany; 2018-2028 (US$ Mn)

Germany Market Revenue and Forecast 2018-2028 (US$ Mn)

Commercial Water Heaters Market Size by Geography into North America; 2018-2028 (US$ Mn)

North America Market Revenue and Forecast 2018-2028 (US$ Mn)

Commercial Water Heaters Market Size by Country into US; 2018-2028 (US$ Mn)

US Market Revenue and Forecast 2018-2028 (US$ Mn)

Commercial Water Heaters Market Size by Geography into South America; 2018-2028 (US$ Mn)

South America Market Revenue and Forecast 2018-2028 (US$ Mn)

Commercial Water Heaters Market Size by Geography into Middle East and Africa; 2018-2028 (US$ Mn)

Middle East and Africa Market Revenue and Forecast 2018-2028 (US$ Mn)

Major Companies

Market Companies

Name Profile Employees Headquarters Website
A. O. Smith Corp.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Ariston Holding NVView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Bradford White Corp.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Daikin Industries Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Electric Heater Co.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Electrolux groupView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Ferroli SpaView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Guangdong Vanward New Electric Co. Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Hangzhou Kangquan Water Heater Co. Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Jaquar IndiaView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
MIDEA Group Co. Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Noritz Corp.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Rheem Manufacturing Co.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Rinnai Corp.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Robert Bosch GmbHView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Solahart Industries Pty Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
STIEBEL ELTRON GmbH and Co. KGView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Vaillant GmbHView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Viessmann Climate Solutions SEView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Watts Water Technologies Inc.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com

Commercial Water Heaters Market Scope

  1. By Type
    1. Introduction / Key Findings
    2. Historical Market Size Value (US$ million) Analysis By Type, 2018 to 2022
    3. Current and Future Market Size Value (US$ million) Analysis and Forecast By Type, 2024 to 2028
      1. Electric water heater
      2. Gas water heater
      3. Solar water heater
    4. Y-o-Y Growth Trend Analysis By Type, 2018 to 2022
    5. Absolute $ Opportunity Analysis By Type, 2024 to 2028
  2. By Distribution Channel
    1. Introduction / Key Findings
    2. Historical Market Size Value (US$ million) Analysis By Distribution Channel, 2018 to 2022
    3. Current and Future Market Size Value (US$ million) Analysis and Forecast By Distribution Channel, 2024 to 2028
      1. Offline
      2. Online
    4. Y-o-Y Growth Trend Analysis By Distribution Channel, 2018 to 2022
    5. Absolute $ Opportunity Analysis By Distribution Channel, 2024 to 2028
  3. By Region
    1. Introduction / Key Findings
    2. Historical Market Size Value (US$ million) Analysis By Region, 2018 to 2022
    3. Current and Future Market Size Value (US$ million) Analysis and Forecast By Region, 2024 to 2028
      1. APAC
      2. Europe
      3. North America
      4. South America
      5. Middle East and Africa
  4. APAC Market Analysis 2018 to 2022 and Forecast 2024 to 2028, By Country
    1. Historical Market Size Value (US$ million) Trend Analysis By Market, 2018 to 2022
    2. Market Size Value (US$ million) Forecast By Market, 2024 to 2028
    3. By Country
      1. China
      2. India
      3. Japan
    4. By Type
    5. By Distribution Channel
  5. Europe Market Analysis 2018 to 2022 and Forecast 2024 to 2028, By Country
    1. Historical Market Size Value (US$ million) Trend Analysis By Market, 2018 to 2022
    2. Market Size Value (US$ million) Forecast By Market, 2024 to 2028
    3. By Country
      1. Germany
    4. By Type
    5. By Distribution Channel
  6. North America Market Analysis 2018 to 2022 and Forecast 2024 to 2028, By Country
    1. Historical Market Size Value (US$ million) Trend Analysis By Market, 2018 to 2022
    2. Market Size Value (US$ million) Forecast By Market, 2024 to 2028
    3. By Country
      1. US
    4. By Type
    5. By Distribution Channel
  7. South America Market Analysis 2018 to 2022 and Forecast 2024 to 2028, By Country
    1. Historical Market Size Value (US$ million) Trend Analysis By Market, 2018 to 2022
    2. Market Size Value (US$ million) Forecast By Market, 2024 to 2028
    3. By Type
    4. By Distribution Channel
  8. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2024 to 2028, By Country
    1. Historical Market Size Value (US$ million) Trend Analysis By Market, 2018 to 2022
    2. Market Size Value (US$ million) Forecast By Market, 2024 to 2028
    3. By Type
    4. By Distribution Channel

Major Companies

Market companies

Name Profile Employees Headquarters Website
A. O. Smith Corp.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Ariston Holding NVView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Bradford White Corp.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Daikin Industries Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Electric Heater Co.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Electrolux groupView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Ferroli SpaView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Guangdong Vanward New Electric Co. Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Hangzhou Kangquan Water Heater Co. Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Jaquar IndiaView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
MIDEA Group Co. Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Noritz Corp.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Rheem Manufacturing Co.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Rinnai Corp.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Robert Bosch GmbHView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Solahart Industries Pty Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
STIEBEL ELTRON GmbH and Co. KGView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Vaillant GmbHView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Viessmann Climate Solutions SEView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Watts Water Technologies Inc.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
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