Summary
Market Analysis and Insights: Global Water Heater Market
The global Water Heater market was valued at US$ 23.18 billion in 2020 and will reach US$ 30.56 billion by the end of 2027, growing at a CAGR of 3.79% during 2021-2027.
Global Water Heater Scope and Market Size
The global Water Heater market is segmented by region (country), company, by Power Source, and by Application. Players, stakeholders, and other participants in the global Water Heater market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Power Source, and by Application for the period 2016-2027.
By Company
Rinnai
A. O. Smith
Rheem
Haier
Noritz
Midea
Bosch
Vanward
Stiebel Eltron
Panasonic
Bradford White Corporation
GREE
Mitsubishi Electric
Macro
Navien
Segment by Power Source
Gas Water Heater
Electric
Other Power Source
Segment by Application
Residential
Commercial
Others
By Region
Latin America
Brazil
Mexico
Peru
Argentina
Central America
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Table of Contents
1 WATER HEATER MARKET OVERVIEW 1
1.1 Water Heater Product Overview 1
1.2 Water Heater Market Segment by Power Source 3
1.2.1 Gas Water Heater 3
1.2.2 Electric 4
1.3 Global Water Heater Market Size by Power Source 4
1.3.1 Global Water Heater Market Size Overview by Power Source (2016-2027) 5
1.3.2 Global Water Heater Historic Market Size Review by Power Source (2016-2021) 5
1.3.2.1 Global Water Heater Sales Breakdown in Volume, by Power Source (2016-2021) 5
1.3.2.2 Global Water Heater Sales Breakdown in Value, by Power Source (2016-2021) 6
1.3.2.3 Global Water Heater Average Selling Price (ASP) by Power Source (2016-2021) 7
1.3.3 Global Water Heater Forecasted Market Size by Power Source (2022-2027) 8
1.3.3.1 Global Water Heater Sales Breakdown in Volume by Power Source (2022-2027) 8
1.3.3.2 Global Water Heater Sales Breakdown in Value by Power Source (2022-2027) 9
1.3.3.3 Global Water Heater Average Selling Price (ASP) by Power Source (2022-2027) 10
1.4 Water Heater Market Segment by Type 10
1.4.1 Storage Tank Type 10
1.4.2 Tankless Type 11
1.4.3 Global Water Heater Market Size by Type 11
1.4.4 Global Water Heater Market Size Overview by Type (2016-2027) 12
1.4.5 Global Water Heater Historic Market Size Review by Type (2016-2021) 12
1.4.5.1 Global Water Heater Sales Breakdown in Volume, by Type (2016-2021) 12
1.4.5.2 Global Water Heater Sales Breakdown in Value, by Type (2016-2021) 13
1.4.5.3 Global Water Heater Average Selling Price (ASP) by Type (2016-2021) 14
1.4.6 Global Water Heater Forecasted Market Size by Type (2022-2027) 14
1.4.6.1 Global Water Heater Sales Breakdown in Volume by Type (2022-2027) 14
1.4.6.2 Global Water Heater Sales Breakdown in Value by Type (2022-2027) 15
1.4.6.3 Global Water Heater Average Selling Price (ASP) by Type (2022-2027) 16
2 WATER HEATER MARKET COMPETITION BY COMPANY 17
2.1 Global Top Players by Water Heater Sales (2016-2021) 17
2.2 Global Top Players by Water Heater Revenue (2016-2021) 18
2.3 Global Top Players by Water Heater Price (2016-2021) 19
2.4 Water Heater Market Competitive Situation and Trends 20
2.4.1 Water Heater Market Concentration Rate (2016-2021) 20
2.4.2 Global 5 and 10 Largest Manufacturers by Water Heater Sales and Revenue in 2020 21
3 WATER HEATER BY APPLICATION 23
3.1 Global Water Heater Market Size by Application 23
3.1.1 Global Water Heater Market Size Overview by Application (2016-2027) 23
3.1.2 Global Water Heater Historic Market Size Review by Application (2016-2021) 24
3.1.2.1 Global Water Heater Sales Breakdown in Volume, by Application (2016-2021) 24
3.1.2.2 Global Water Heater Sales Breakdown in Value, by Application (2016-2021) 25
3.1.2.3 Global Water Heater Average Selling Price (ASP) by Application (2016-2021) 26
3.1.3 Global Water Heater Forecasted Market Size by Application (2022-2027) 26
3.1.3.1 Global Water Heater Sales Breakdown in Volume by Application (2022-2027) 26
3.1.3.2 Global Water Heater Sales Breakdown in Value by Application (2022-2027) 27
3.1.3.3 Global Water Heater Average Selling Price (ASP) by Application (2022-2027) 28
4 LATIN AMERICA WATER HEATER BY COUNTRY 29
4.1 Latin America Water Heater Historic Market Size by Country 29
4.1.1 Latin America Water Heater Sales in Volume by Country (2016-2021) 29
4.1.2 Latin America Water Heater Sales in Value by Country (2016-2021) 29
4.2 Latin America Water Heater Forecasted Market Size by Country 30
4.2.1 Latin America Water Heater Sales in Volume by Country (2022-2027) 30
4.2.2 Latin America Water Heater Sales in Value by Country (2022-2027) 31
5 GLOBAL WATER HEATER SUB SEGMENT BY APPLICATION 32
5.1 Global Residential Application Water Heater Sub Segment 32
5.2 Global Commercial Application Water Heater Sub Segment 33
5.3 Global Industrial Application Water Heater Sub Segment 34
6 BRAZIL WATER HEATER SUB SEGMENT BY APPLICATION 36
6.1 Brazil Residential Application Water Heater Sub Segment 36
6.2 Brazil Residential Application Water Heater Revenue (Value) Sub Segment 37
6.3 Brazil Commercial Application Water Heater Sub Segment 38
6.4 Brazil Commercial Application Water Heater Revenue (Value) Sub Segment 39
6.5 Brazil Industrial Application Water Heater Sub Segment 40
6.6 Brazil Industrial Application Water Heater Revenue (Value) Sub Segment 41
7 MEXICO WATER HEATER SUB SEGMENT BY APPLICATION 43
7.1 Mexico Residential Application Water Heater Sub Segment 43
7.2 Mexico Residential Application Water Heater Revenue (Value) Sub Segment 44
7.3 Mexico Commercial Application Water Heater Sub Segment 45
7.4 Mexico Commercial Application Water Heater Revenue (Value) Sub Segment 46
7.5 Mexico Industrial Application Water Heater Sub Segment 47
7.6 Mexico Industrial Application Water Heater Revenue (Value) Sub Segment 48
8 ARGENTINA WATER HEATER SUB SEGMENT BY APPLICATION 50
8.1 Argentina Residential Application Water Heater Sub Segment 50
8.2 Argentina Residential Application Water Heater Revenue (Value) Sub Segment 51
8.3 Argentina Commercial Application Water Heater Sub Segment 52
8.4 Argentina Commercial Application Water Heater Revenue (Value) Sub Segment 53
8.5 Argentina Industrial Application Water Heater Sub Segment 54
8.6 Argentina Industrial Application Water Heater Revenue (Value) Sub Segment 55
9 PERU WATER HEATER SUB SEGMENT BY APPLICATION 57
9.1 Peru Residential Application Water Heater Sub Segment 57
9.2 Peru Residential Application Water Heater Revenue (Value) Sub Segment 58
9.3 Peru Commercial Application Water Heater Sub Segment 59
9.4 Peru Commercial Application Water Heater Revenue (Value) Sub Segment 60
9.5 Peru Industrial Application Water Heater Sub Segment 61
9.6 Peru Industrial Application Water Heater Revenue (Value) Sub Segment 62
10 CENTRAL AMERICA WATER HEATER SUB SEGMENT BY APPLICATION 64
10.1 Central America Residential Application Water Heater Sub Segment 64
10.2 Central America Residential Application Water Heater Revenue (Value) Sub Segment 65
10.3 Central America Commercial Application Water Heater Sub Segment 66
10.4 Central America Commercial Application Water Heater Revenue (Value) Sub Segment 67
10.5 Central America Industrial Application Water Heater Sub Segment 68
10.6 Central America Industrial Application Water Heater Revenue (Value) Sub Segment 69
11 WATER HEATERS WITH IOT IN EACH COUNTRY 71
11.1 Brazil Water Heaters with IoT 71
11.2 Mexico Water Heaters with IoT 71
11.3 Argentina Water Heaters with IoT 71
11.4 Peru Water Heaters with IoT 71
11.5 Central America Water Heaters with IoT 72
12 APPENDIX 73
12.1 Research Methodology 73
12.1.1 Methodology/Research Approach 73
12.1.1.1 Research Programs/Design 73
12.1.1.2 Market Size Estimation 74
12.1.1.3 Market Breakdown and Data Triangulation 75
12.1.2 Data Source 76
12.1.2.1 Secondary Sources 76
12.1.2.2 Primary Sources 77
12.2 Author Details 79
12.3 Disclaimer 79