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Research report explores the Global water heater market to grow at a CAGR of 6.03% during the period 2017-2021

Consumer Market Research

This report helps to analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Global Water Heater Market.

A Water Heater is one of the biggest consumers of energy in households, often exceeding energy consumed due to cooking, refrigeration, and lighting. Climate and culture influence the type and size of water heaters used in households and for commercial use.

The global water heater market is driven by several growth factors such as the increasing demand for tankless water heaters due to their energy-efficiency and requirement of less storage space. The rising demand for solar water heaters is another major driver in the market.

There is a growing demand for hybrid water heaters in the market due to the focus of vendors on developing energy-efficient hybrid water heaters.

Analysts forecast the Global Water Heater Market To Grow At A CAGR Of 6.03% During The Period 2017-2021.


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Covered in this report

The report covers the present scenario and the growth prospects of the global water heater market for 2017-2021. To calculate the market size, the report considers the sales/volume/value and exclude new installations/shipments/ retrofit/replacement/spares/aftermarket/services market.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA

Global Water Heater Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years.

The report also includes a discussion of the key vendors operating in this market.

Browse Full Report with TOC:…market-2017-2021


Key vendors

  • A.O.Smith
  • Bradford White
  • Rheem Manufacturing Company

Other prominent vendors

  • Rinnai
  • Midea Group
  • Guangdong Vanward New Electric
  • Eccotemp Systems
  • Haier
  • Noritz
  • Bosch
  • Reliance Water Heater Company
  • HTP
  • Electrolux

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Market driver

  • Increasing usage of solar water heaters
  • For a full, detailed list, view our report


Market challenge

  • High installation and maintenance cost
  • For a full, detailed list, view our report


Market trend

  • Emergence of hybrid water heaters
  • For a full, detailed list, view our report


Key questions answered in this report

What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

Companies Mentioned:

A.O.Smith, Bradford White, GENERAL ELECTRIC, and Rheem Manufacturing Company, Rinnai, Midea Group, Guangdong Vanward New Electric, Eccotemp Systems, Haier, Noritz, Bosch, Reliance Water Heater Company, HTP, and Electrolux..


Table of Contents
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction

Market outline

PART 05: Market landscape

Market overview

Market size and forecast

Five forces analysis

PART 06: Market segmentation by distribution channel

Global water heater market by distribution channel

PART 07: Market segmentation by product

Global water heater market by product

Global electric water heater market

Global gas water heater market

Global solar water heater market

PART 08: Market segmentation by end-user

Global water heater market by end-user

Global residential water heater market

Global commercial water heater market

Global industrial water heater market

PART 09: Geographical segmentation

Global water heater market by geography

Water heater market in APAC

Water heater market in EMEA

Water heater market in Americas

PART 10: Key leading countries

Water heater market in China

Water heater market in US

Water heater market in Japan

Water heater market in Germany

PART 11: Decision framework

PART 12: Drivers and challenges

Market drivers

Market challenges

PART 13: Market trends

Arrival of smart water heaters

Emergence of hybrid water heaters

Rising number of M&A

PART 14: Vendor landscape

Competitive scenario

Other prominent vendors

PART 15: Key vendor analysis

A.O. Smith

Bradford White


Rheem Manufacturing Company

PART 16: Appendix

List of abbreviations

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