Global Water Heater Market Growth, Share, Size, Trends and Forecast (2022 - 2028)

Segmented by Product;

Electric, Solar and Gas.

Segmented by Technology;

Tankless, Storage and Hybrid.

Segmented by Capacity;

Below 30 Liters, 30 - 100 Liters, 100 - 250 Liters, 250 - 400 Liters and Above 400 Liters.

Segmented by Application;

Residential, Commercial and Industrial.

Segmented by Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2018 - 2028).
Report ID: Rn578036307 Published Date: July, 2022 Updated Date: August, 2022

Introduction

Global Water Heater Market (USD Million), 2018 - 2028

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
# Global Market (USD Million), 2018 - 2028
2018 58.6
2019 60.8
2020 67.7
2021 69.8
2022 75.0
2023 79.1
2024 93.6
2025 105.4
2026 120.2
2027 141.7
2028 160.8

In the year 2021, the Global Water Heater Market was valued at USD 30,378.83 million. The size of this market is expected to increase to USD 43,899.07 million by the year 2028, while growing at a Compounded Annual Growth Rate (CAGR) of 5.4%.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Technology
    3. Market Snapshot, By Capacity
    4. Market Snapshot, By Application
    5. Market Snapshot, By Region
    6. Market Opportunity Map
  4. Global Water Heater Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
      2. Restraints
      3. Opportunities
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bragaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Industry Rivalry
  5. Market Segmentation
    1. Global Water Heater Market, By Product, 2020 - 2030 (USD Million)
      1. Introduction
      2. Market Share Analysis, 2022 and 2028 (%)
      3. Y-o-Y Growth Analysis, 2019 - 2028
      4. Segment Trends
        1. Electric
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2018 - 2028 (USD Million)
        2. Solar
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2018 - 2028 (USD Million)
        3. Gas
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2018 - 2028 (USD Million)
    2. Global Water Heater Market, By Technology, 2020 - 2030 (USD Million)
      1. Introduction
      2. Market Share Analysis, 2022 and 2028 (%)
      3. Y-o-Y Growth Analysis, 2019 - 2028
      4. Segment Trends
        1. Tankless
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2018 - 2028 (USD Million)
        2. Storage
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2018 - 2028 (USD Million)
        3. Hybrid
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2018 - 2028 (USD Million)
    3. Global Water Heater Market, By Capacity, 2020 - 2030 (USD Million)
      1. Introduction
      2. Market Share Analysis, 2022 and 2028 (%)
      3. Y-o-Y Growth Analysis, 2019 - 2028
      4. Segment Trends
        1. Below 30 Liters
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2018 - 2028 (USD Million)
        2. 30 - 100 Liters
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2018 - 2028 (USD Million)
        3. 100 - 250 Liters
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2018 - 2028 (USD Million)
        4. 250 - 400 Liters
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2018 - 2028 (USD Million)
        5. Above 400 Liters
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2018 - 2028 (USD Million)
    4. Global Water Heater Market, By Application, 2020 - 2030 (USD Million)
      1. Introduction
      2. Market Share Analysis, 2022 and 2028 (%)
      3. Y-o-Y Growth Analysis, 2019 - 2028
      4. Segment Trends
        1. Residential
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2018 - 2028 (USD Million)
        2. Commercial
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2018 - 2028 (USD Million)
        3. Industrial
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, 2018 - 2028 (USD Million)
    5. Global Water Heater Market, By Geography, 2020 - 2030 (USD Million)
      1. Introduction
      2. Market Share Analysis, 2022 and 2028 (%)
      3. Y-o-Y Growth Analysis, 2019 - 2028
      4. Regional Trends
        1. North America
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2018 - 2028 (USD Million)
          3. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2018 - 2028 (USD Million)
          4. Market Size and Forecast, and Y-o-Y Growth, By Capacity, 2018 - 2028 (USD Million)
          5. Market Size and Forecast, and Y-o-Y Growth, By Application, 2018 - 2028 (USD Million)
            1. United States
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2018 - 2028 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2018 - 2028 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Capacity, 2018 - 2028 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By Application, 2018 - 2028 (USD Million)
            2. Canada
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2018 - 2028 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2018 - 2028 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Capacity, 2018 - 2028 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By Application, 2018 - 2028 (USD Million)
        2. Europe
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2018 - 2028 (USD Million)
          3. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2018 - 2028 (USD Million)
          4. Market Size and Forecast, and Y-o-Y Growth, By Capacity, 2018 - 2028 (USD Million)
          5. Market Size and Forecast, and Y-o-Y Growth, By Application, 2018 - 2028 (USD Million)
            1. Germany
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2018 - 2028 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2018 - 2028 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Capacity, 2018 - 2028 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By Application, 2018 - 2028 (USD Million)
            2. United Kingdom
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2018 - 2028 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2018 - 2028 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Capacity, 2018 - 2028 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By Application, 2018 - 2028 (USD Million)
            3. France
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2018 - 2028 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2018 - 2028 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Capacity, 2018 - 2028 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By Application, 2018 - 2028 (USD Million)
            4. Italy
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2018 - 2028 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2018 - 2028 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Capacity, 2018 - 2028 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By Application, 2018 - 2028 (USD Million)
            5. Spain
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2018 - 2028 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2018 - 2028 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Capacity, 2018 - 2028 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By Application, 2018 - 2028 (USD Million)
            6. Rest of Europe
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2018 - 2028 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2018 - 2028 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Capacity, 2018 - 2028 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By Application, 2018 - 2028 (USD Million)
        3. Asia Pacific
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2018 - 2028 (USD Million)
          3. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2018 - 2028 (USD Million)
          4. Market Size and Forecast, and Y-o-Y Growth, By Capacity, 2018 - 2028 (USD Million)
          5. Market Size and Forecast, and Y-o-Y Growth, By Application, 2018 - 2028 (USD Million)
            1. Japan
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2018 - 2028 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2018 - 2028 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Capacity, 2018 - 2028 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By Application, 2018 - 2028 (USD Million)
            2. China
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2018 - 2028 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2018 - 2028 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Capacity, 2018 - 2028 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By Application, 2018 - 2028 (USD Million)
            3. India
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2018 - 2028 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2018 - 2028 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Capacity, 2018 - 2028 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By Application, 2018 - 2028 (USD Million)
            4. Australia & New Zealand
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2018 - 2028 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2018 - 2028 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Capacity, 2018 - 2028 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By Application, 2018 - 2028 (USD Million)
            5. South Korea
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2018 - 2028 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2018 - 2028 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Capacity, 2018 - 2028 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By Application, 2018 - 2028 (USD Million)
            6. ASEAN (Association of South East Asian Countries)
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2018 - 2028 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2018 - 2028 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Capacity, 2018 - 2028 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By Application, 2018 - 2028 (USD Million)
            7. Rest of Asia Pacific
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2018 - 2028 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2018 - 2028 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Capacity, 2018 - 2028 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By Application, 2018 - 2028 (USD Million)
        4. Middle East & Africa
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2018 - 2028 (USD Million)
          3. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2018 - 2028 (USD Million)
          4. Market Size and Forecast, and Y-o-Y Growth, By Capacity, 2018 - 2028 (USD Million)
          5. Market Size and Forecast, and Y-o-Y Growth, By Application, 2018 - 2028 (USD Million)
            1. GCC
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2018 - 2028 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2018 - 2028 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Capacity, 2018 - 2028 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By Application, 2018 - 2028 (USD Million)
            2. Israel
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2018 - 2028 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2018 - 2028 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Capacity, 2018 - 2028 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By Application, 2018 - 2028 (USD Million)
            3. South Africa
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2018 - 2028 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2018 - 2028 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Capacity, 2018 - 2028 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By Application, 2018 - 2028 (USD Million)
            4. Rest of Middle East & Africa
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2018 - 2028 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2018 - 2028 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Capacity, 2018 - 2028 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By Application, 2018 - 2028 (USD Million)
        5. Latin America
          1. Introduction
          2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2018 - 2028 (USD Million)
          3. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2018 - 2028 (USD Million)
          4. Market Size and Forecast, and Y-o-Y Growth, By Capacity, 2018 - 2028 (USD Million)
          5. Market Size and Forecast, and Y-o-Y Growth, By Application, 2018 - 2028 (USD Million)
            1. Brazil
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2018 - 2028 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2018 - 2028 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Capacity, 2018 - 2028 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By Application, 2018 - 2028 (USD Million)
            2. Mexico
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2018 - 2028 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2018 - 2028 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Capacity, 2018 - 2028 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By Application, 2018 - 2028 (USD Million)
            3. Argentina
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2018 - 2028 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2018 - 2028 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Capacity, 2018 - 2028 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By Application, 2018 - 2028 (USD Million)
            4. Rest of Latin America
              1. Introduction
              2. Market Size and Forecast, and Y-o-Y Growth, By Product, 2018 - 2028 (USD Million)
              3. Market Size and Forecast, and Y-o-Y Growth, By Technology, 2018 - 2028 (USD Million)
              4. Market Size and Forecast, and Y-o-Y Growth, By Capacity, 2018 - 2028 (USD Million)
              5. Market Size and Forecast, and Y-o-Y Growth, By Application, 2018 - 2028 (USD Million)
  6. Competitive Landscape
    1. Heat Map Analysis
    2. Company Profiles
      1. A.O. Smith
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      2. Robert Bosch LLC
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      3. Ariston Thermo SpA
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      4. Rheem Manufacturing Company
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      5. Rinnai Corporation
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      6. Bradford White Corporation
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      7. NORITZ Corporation
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      8. Whirlpool Corporation
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      9. Westinghouse Electric Corporation
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      10. Bajaj Electricals Ltd
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      11. Haier Inc.
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      12. Havells India Ltd
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      13. Lennox International Inc.
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      14. FERROLI S.p.A
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
      15. Kenmore
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
  7. Analyst Views
  8. Future Outlook of the Market

ReAnIn's Most Viewed Titles:

Agriculture Agrochemicals Water Soluble Fertilizer
Global Water Soluble Fertilizer Market Growth, Share, Size, Trends and Forecast (2022 - 2028)

In the year 2021, the Global Water Soluble Fertilizer Market was valued at USD xx.x million. The size of this market is expected to increase to USD xx.x million by the year 2028, while growing at a Compounded Annual Growth Rate (CAGR) of x.x%

Single User License $4200 Read More ...
Chemicals & Materials Chemicals Water Treatment Chemicals And Technology
Global Water Treatment Chemicals And Technology Market Growth, Share, Size, Trends and Forecast (2022 - 2028)

In the year 2021, the Global Water Treatment Chemicals And Technology Market was valued at USD xx.x million. The size of this market is expected to increase to USD xx.x million by the year 2028, while growing at a Compounded Annual Growth Rate (CAGR) of x.x%

Single User License $4200 Read More ...
Chemicals & Materials Equipment, Machine And Tool Water Treatment Technology
Global Water Treatment Technology Market Growth, Share, Size, Trends and Forecast (2022 - 2028)

In the year 2021, the Global Water Treatment Technology Market was valued at USD xx.x million. The size of this market is expected to increase to USD xx.x million by the year 2028, while growing at a Compounded Annual Growth Rate (CAGR) of x.x%

Single User License $4200 Read More ...
Chemicals & Materials Chemicals Water-Based Printing Inks
Global Water-Based Printing Inks Market Growth, Share, Size, Trends and Forecast (2022 - 2028)

In the year 2021, the Global Water-Based Printing Inks Market was valued at USD xx.x million. The size of this market is expected to increase to USD xx.x million by the year 2028, while growing at a Compounded Annual Growth Rate (CAGR) of x.x%

Single User License $4200 Read More ...