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Global Commercial Water Heaters Market 2023-2027

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    Report

  • 163 Pages
  • February 2023
  • Region: Global
  • TechNavio
  • ID: 5561302
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The commercial water heaters market is forecasted to grow by $3,068.01 mn during 2022-2027, accelerating at a CAGR of 5.25% during the forecast period. The report on the commercial water heaters market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand from hospitality sector, technological innovations in commercial water heaters, and growing government initiatives promoting the use of energy-efficient heating.

The commercial water heaters market is segmented as below:

By Type

  • Electric water heater
  • Gas water heater
  • Solar water heater

By Distribution Channel

  • Offline
  • Online

By Geography

  • APAC
  • Europe
  • North America
  • South America
  • Middle East and Africa
This study identifies the rising initiatives for energy-efficient commercial buildings as one of the prime reasons driving the commercial water heaters market growth during the next few years. Also, increasing demand for smart and connected devices and increasing demand for hybrid water heaters will lead to sizable demand in the market.

The report on the commercial water heaters market covers the following areas:

  • Commercial water heaters market sizing
  • Commercial water heaters market forecast
  • Commercial water heaters market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading commercial water heaters market vendors that include A. O. Smith Corp., AB Electrolux, Ariston Holding NV, Bradford White Corp., Daikin Industries Ltd., Electric Heater Co., Ferroli Spa, Guangdong Vanward New Electric Co. Ltd., Hangzhou Kangquan Water Heater Co. Ltd., MIDEA Group, Noritz Corp., Rheem Manufacturing Co., Rinnai Corp., Solahart Industries Pty Ltd., STIEBEL ELTRON GmbH and Co. KG, Vaillant Group, Viessmann Climate Solutions SE, Watts Water Technologies Inc., Jaquar Group, and Robert Bosch GmbH. Also, the commercial water heaters market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market by Geography
Exhibit 05: Executive Summary - Chart on Market Segmentation by Type
Exhibit 06: Executive Summary - Chart on Market Segmentation by Distribution Channel
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape
2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing
3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size
4.1 Global commercial water heaters market 20217 - 2021
Exhibit 18: Historic Market Size - Data Table on Global commercial water heaters market 20217 - 2021 ($ million)
4.2 Type Segment Analysis 20217 - 2021
Exhibit 19: Historic Market Size - Type Segment 20217 - 2021 ($ million)
4.3 Distribution channel Segment Analysis 20217 - 2021
Exhibit 20: Historic Market Size - Distribution channel Segment 20217 - 2021 ($ million)
4.4 Geography Segment Analysis 20217 - 2021
Exhibit 21: Historic Market Size - Geography Segment 20217 - 2021 ($ million)
4.5 Country Segment Analysis 20217 - 2021
Exhibit 22: Historic Market Size - Country Segment 20217 - 2021 ($ million)

5 Five Forces Analysis
5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2022 and 2027
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2022 and 2027
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2022 and 2027
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Type
6.1 Market segments
Exhibit 30: Chart on Type - Market share 2022-2027 (%)
Exhibit 31: Data Table on Type - Market share 2022-2027 (%)
6.2 Comparison by Type
Exhibit 32: Chart on Comparison by Type
Exhibit 33: Data Table on Comparison by Type
6.3 Electric water heater - Market size and forecast 2022-2027
Exhibit 34: Chart on Electric water heater - Market size and forecast 2022-2027 ($ million)
Exhibit 35: Data Table on Electric water heater - Market size and forecast 2022-2027 ($ million)
Exhibit 36: Chart on Electric water heater - Year-over-year growth 2022-2027 (%)
Exhibit 37: Data Table on Electric water heater - Year-over-year growth 2022-2027 (%)
6.4 Gas water heater - Market size and forecast 2022-2027
Exhibit 38: Chart on Gas water heater - Market size and forecast 2022-2027 ($ million)
Exhibit 39: Data Table on Gas water heater - Market size and forecast 2022-2027 ($ million)
Exhibit 40: Chart on Gas water heater - Year-over-year growth 2022-2027 (%)
Exhibit 41: Data Table on Gas water heater - Year-over-year growth 2022-2027 (%)
6.5 Solar water heater - Market size and forecast 2022-2027
Exhibit 42: Chart on Solar water heater - Market size and forecast 2022-2027 ($ million)
Exhibit 43: Data Table on Solar water heater - Market size and forecast 2022-2027 ($ million)
Exhibit 44: Chart on Solar water heater - Year-over-year growth 2022-2027 (%)
Exhibit 45: Data Table on Solar water heater - Year-over-year growth 2022-2027 (%)
6.6 Market opportunity by Type
Exhibit 46: Market opportunity by Type ($ million)

7 Market Segmentation by Distribution Channel
7.1 Market segments
Exhibit 47: Chart on Distribution Channel - Market share 2022-2027 (%)
Exhibit 48: Data Table on Distribution Channel - Market share 2022-2027 (%)
7.2 Comparison by Distribution Channel
Exhibit 49: Chart on Comparison by Distribution Channel
Exhibit 50: Data Table on Comparison by Distribution Channel
7.3 Offline - Market size and forecast 2022-2027
Exhibit 51: Chart on Offline - Market size and forecast 2022-2027 ($ million)
Exhibit 52: Data Table on Offline - Market size and forecast 2022-2027 ($ million)
Exhibit 53: Chart on Offline - Year-over-year growth 2022-2027 (%)
Exhibit 54: Data Table on Offline - Year-over-year growth 2022-2027 (%)
7.4 Online - Market size and forecast 2022-2027
Exhibit 55: Chart on Online - Market size and forecast 2022-2027 ($ million)
Exhibit 56: Data Table on Online - Market size and forecast 2022-2027 ($ million)
Exhibit 57: Chart on Online - Year-over-year growth 2022-2027 (%)
Exhibit 58: Data Table on Online - Year-over-year growth 2022-2027 (%)
7.5 Market opportunity by Distribution Channel
Exhibit 59: Market opportunity by Distribution Channel ($ million)

8 Customer Landscape
8.1 Customer landscape overview
Exhibit 60: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape
9.1 Geographic segmentation
Exhibit 61: Chart on Market share by geography 2022-2027 (%)
Exhibit 62: Data Table on Market share by geography 2022-2027 (%)
9.2 Geographic comparison
Exhibit 63: Chart on Geographic comparison
Exhibit 64: Data Table on Geographic comparison
9.3 APAC - Market size and forecast 2022-2027
Exhibit 65: Chart on APAC - Market size and forecast 2022-2027 ($ million)
Exhibit 66: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
Exhibit 67: Chart on APAC - Year-over-year growth 2022-2027 (%)
Exhibit 68: Data Table on APAC - Year-over-year growth 2022-2027 (%)
9.4 Europe - Market size and forecast 2022-2027
Exhibit 69: Chart on Europe - Market size and forecast 2022-2027 ($ million)
Exhibit 70: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
Exhibit 71: Chart on Europe - Year-over-year growth 2022-2027 (%)
Exhibit 72: Data Table on Europe - Year-over-year growth 2022-2027 (%)
9.5 North America - Market size and forecast 2022-2027
Exhibit 73: Chart on North America - Market size and forecast 2022-2027 ($ million)
Exhibit 74: Data Table on North America - Market size and forecast 2022-2027 ($ million)
Exhibit 75: Chart on North America - Year-over-year growth 2022-2027 (%)
Exhibit 76: Data Table on North America - Year-over-year growth 2022-2027 (%)
9.6 South America - Market size and forecast 2022-2027
Exhibit 77: Chart on South America - Market size and forecast 2022-2027 ($ million)
Exhibit 78: Data Table on South America - Market size and forecast 2022-2027 ($ million)
Exhibit 79: Chart on South America - Year-over-year growth 2022-2027 (%)
Exhibit 80: Data Table on South America - Year-over-year growth 2022-2027 (%)
9.7 Middle East and Africa - Market size and forecast 2022-2027
Exhibit 81: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibit 82: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibit 83: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
Exhibit 84: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
9.8 China - Market size and forecast 2022-2027
Exhibit 85: Chart on China - Market size and forecast 2022-2027 ($ million)
Exhibit 86: Data Table on China - Market size and forecast 2022-2027 ($ million)
Exhibit 87: Chart on China - Year-over-year growth 2022-2027 (%)
Exhibit 88: Data Table on China - Year-over-year growth 2022-2027 (%)
9.9 US - Market size and forecast 2022-2027
Exhibit 89: Chart on US - Market size and forecast 2022-2027 ($ million)
Exhibit 90: Data Table on US - Market size and forecast 2022-2027 ($ million)
Exhibit 91: Chart on US - Year-over-year growth 2022-2027 (%)
Exhibit 92: Data Table on US - Year-over-year growth 2022-2027 (%)
9.10 India - Market size and forecast 2022-2027
Exhibit 93: Chart on India - Market size and forecast 2022-2027 ($ million)
Exhibit 94: Data Table on India - Market size and forecast 2022-2027 ($ million)
Exhibit 95: Chart on India - Year-over-year growth 2022-2027 (%)
Exhibit 96: Data Table on India - Year-over-year growth 2022-2027 (%)
9.11 Germany - Market size and forecast 2022-2027
Exhibit 97: Chart on Germany - Market size and forecast 2022-2027 ($ million)
Exhibit 98: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
Exhibit 99: Chart on Germany - Year-over-year growth 2022-2027 (%)
Exhibit 100: Data Table on Germany - Year-over-year growth 2022-2027 (%)
9.12 Japan - Market size and forecast 2022-2027
Exhibit 101: Chart on Japan - Market size and forecast 2022-2027 ($ million)
Exhibit 102: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
Exhibit 103: Chart on Japan - Year-over-year growth 2022-2027 (%)
Exhibit 104: Data Table on Japan - Year-over-year growth 2022-2027 (%)
9.13 Market opportunity by geography
Exhibit 105: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends
10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 106: Impact of drivers and challenges in 2022 and 2027
10.4 Market trends

11 Vendor Landscape
11.1 Overview
11.2 Vendor landscape
Exhibit 107: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 108: Overview on factors of disruption
11.4 Industry risks
Exhibit 109: Impact of key risks on business

12 Vendor Analysis
12.1 Vendors covered
Exhibit 110: Vendors covered
12.2 Market positioning of vendors
Exhibit 111: Matrix on vendor position and classification
12.3 A. O. Smith Corp.
Exhibit 112: A. O. Smith Corp. - Overview
Exhibit 113: A. O. Smith Corp. - Business segments
Exhibit 114: A. O. Smith Corp. - Key offerings
Exhibit 115: A. O. Smith Corp. - Segment focus
12.4 Ariston Holding NV
Exhibit 116: Ariston Holding NV - Overview
Exhibit 117: Ariston Holding NV - Product/Service
Exhibit 118: Ariston Holding NV - Key news
Exhibit 119: Ariston Holding NV - Key offerings
12.5 Bradford White Corp.
Exhibit 120: Bradford White Corp. - Overview
Exhibit 121: Bradford White Corp. - Product/Service
Exhibit 122: Bradford White Corp. - Key offerings
12.6 Daikin Industries Ltd.
Exhibit 123: Daikin Industries Ltd. - Overview
Exhibit 124: Daikin Industries Ltd. - Business segments
Exhibit 125: Daikin Industries Ltd. - Key news
Exhibit 126: Daikin Industries Ltd. - Key offerings
Exhibit 127: Daikin Industries Ltd. - Segment focus
12.7 Electric Heater Co.
Exhibit 128: Electric Heater Co. - Overview
Exhibit 129: Electric Heater Co. - Product/Service
Exhibit 130: Electric Heater Co. - Key offerings
12.8 Ferroli Spa
Exhibit 131: Ferroli Spa - Overview
Exhibit 132: Ferroli Spa - Product/Service
Exhibit 133: Ferroli Spa - Key offerings
12.9 Guangdong Vanward New Electric Co. Ltd.
Exhibit 134: Guangdong Vanward New Electric Co. Ltd. - Overview
Exhibit 135: Guangdong Vanward New Electric Co. Ltd. - Product/Service
Exhibit 136: Guangdong Vanward New Electric Co. Ltd. - Key offerings
12.10 Hangzhou Kangquan Water Heater Co. Ltd.
Exhibit 137: Hangzhou Kangquan Water Heater Co. Ltd. - Overview
Exhibit 138: Hangzhou Kangquan Water Heater Co. Ltd. - Product/Service
Exhibit 139: Hangzhou Kangquan Water Heater Co. Ltd. - Key offerings
12.11 Jaquar Group
Exhibit 140: Jaquar Group - Overview
Exhibit 141: Jaquar Group - Product/Service
Exhibit 142: Jaquar Group - Key offerings
12.12 MIDEA Group
Exhibit 143: MIDEA Group - Overview
Exhibit 144: MIDEA Group - Business segments
Exhibit 145: MIDEA Group - Key offerings
Exhibit 146: MIDEA Group - Segment focus
12.13 Noritz Corp.
Exhibit 147: Noritz Corp. - Overview
Exhibit 148: Noritz Corp. - Business segments
Exhibit 149: Noritz Corp. - Key offerings
Exhibit 150: Noritz Corp. - Segment focus
12.14 Rheem Manufacturing Co.
Exhibit 151: Rheem Manufacturing Co. - Overview
Exhibit 152: Rheem Manufacturing Co. - Product/Service
Exhibit 153: Rheem Manufacturing Co. - Key offerings
12.15 Rinnai Corp.
Exhibit 154: Rinnai Corp. - Overview
Exhibit 155: Rinnai Corp. - Business segments
Exhibit 156: Rinnai Corp. - Key offerings
Exhibit 157: Rinnai Corp. - Segment focus
12.16 Robert Bosch GmbH
Exhibit 158: Robert Bosch GmbH - Overview
Exhibit 159: Robert Bosch GmbH - Business segments
Exhibit 160: Robert Bosch GmbH - Key news
Exhibit 161: Robert Bosch GmbH - Key offerings
Exhibit 162: Robert Bosch GmbH - Segment focus
12.17 Solahart Industries Pty Ltd.
Exhibit 163: Solahart Industries Pty Ltd. - Overview
Exhibit 164: Solahart Industries Pty Ltd. - Product/Service
Exhibit 165: Solahart Industries Pty Ltd. - Key offerings

13 Appendix
13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 166: Inclusions checklist
Exhibit 167: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 168: Currency conversion rates for US$
13.4 Research methodology
Exhibit 169: Research methodology
Exhibit 170: Validation techniques employed for market sizing
Exhibit 171: Information sources
13.5 List of abbreviations
Exhibit 172: List of abbreviations

List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Global Market Characteristics
Exhibits 4: Executive Summary - Chart on Market by Geography
Exhibits 5: Executive Summary - Chart on Market Segmentation by Type
Exhibits 6: Executive Summary - Chart on Market Segmentation by Distribution Channel
Exhibits 7: Executive Summary - Chart on Incremental Growth
Exhibits 8: Executive Summary - Data Table on Incremental Growth
Exhibits 9: Executive Summary - Chart on Vendor Market Positioning
Exhibits 10: Parent market
Exhibits 11: Market Characteristics
Exhibits 12: Offerings of vendors included in the market definition
Exhibits 13: Market segments
Exhibits 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
Exhibits 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
Exhibits 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
Exhibits 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)
Exhibits 18: Historic Market Size - Data Table on Global commercial water heaters market 20217 - 2021 ($ million)
Exhibits 19: Historic Market Size - Type Segment 20217 - 2021 ($ million)
Exhibits 20: Historic Market Size - Distribution channel Segment 20217 - 2021 ($ million)
Exhibits 21: Historic Market Size - Geography Segment 20217 - 2021 ($ million)
Exhibits 22: Historic Market Size - Country Segment 20217 - 2021 ($ million)
Exhibits 23: Five forces analysis - Comparison between 2022 and 2027
Exhibits 24: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
Exhibits 25: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
Exhibits 26: Threat of new entrants - Impact of key factors in 2022 and 2027
Exhibits 27: Threat of substitutes - Impact of key factors in 2022 and 2027
Exhibits 28: Threat of rivalry - Impact of key factors in 2022 and 2027
Exhibits 29: Chart on Market condition - Five forces 2022 and 2027
Exhibits 30: Chart on Type - Market share 2022-2027 (%)
Exhibits 31: Data Table on Type - Market share 2022-2027 (%)
Exhibits 32: Chart on Comparison by Type
Exhibits 33: Data Table on Comparison by Type
Exhibits 34: Chart on Electric water heater - Market size and forecast 2022-2027 ($ million)
Exhibits 35: Data Table on Electric water heater - Market size and forecast 2022-2027 ($ million)
Exhibits 36: Chart on Electric water heater - Year-over-year growth 2022-2027 (%)
Exhibits 37: Data Table on Electric water heater - Year-over-year growth 2022-2027 (%)
Exhibits 38: Chart on Gas water heater - Market size and forecast 2022-2027 ($ million)
Exhibits 39: Data Table on Gas water heater - Market size and forecast 2022-2027 ($ million)
Exhibits 40: Chart on Gas water heater - Year-over-year growth 2022-2027 (%)
Exhibits 41: Data Table on Gas water heater - Year-over-year growth 2022-2027 (%)
Exhibits 42: Chart on Solar water heater - Market size and forecast 2022-2027 ($ million)
Exhibits 43: Data Table on Solar water heater - Market size and forecast 2022-2027 ($ million)
Exhibits 44: Chart on Solar water heater - Year-over-year growth 2022-2027 (%)
Exhibits 45: Data Table on Solar water heater - Year-over-year growth 2022-2027 (%)
Exhibits 46: Market opportunity by Type ($ million)
Exhibits 47: Chart on Distribution Channel - Market share 2022-2027 (%)
Exhibits 48: Data Table on Distribution Channel - Market share 2022-2027 (%)
Exhibits 49: Chart on Comparison by Distribution Channel
Exhibits 50: Data Table on Comparison by Distribution Channel
Exhibits 51: Chart on Offline - Market size and forecast 2022-2027 ($ million)
Exhibits 52: Data Table on Offline - Market size and forecast 2022-2027 ($ million)
Exhibits 53: Chart on Offline - Year-over-year growth 2022-2027 (%)
Exhibits 54: Data Table on Offline - Year-over-year growth 2022-2027 (%)
Exhibits 55: Chart on Online - Market size and forecast 2022-2027 ($ million)
Exhibits 56: Data Table on Online - Market size and forecast 2022-2027 ($ million)
Exhibits 57: Chart on Online - Year-over-year growth 2022-2027 (%)
Exhibits 58: Data Table on Online - Year-over-year growth 2022-2027 (%)
Exhibits 59: Market opportunity by Distribution Channel ($ million)
Exhibits 60: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 61: Chart on Market share by geography 2022-2027 (%)
Exhibits 62: Data Table on Market share by geography 2022-2027 (%)
Exhibits 63: Chart on Geographic comparison
Exhibits 64: Data Table on Geographic comparison
Exhibits 65: Chart on APAC - Market size and forecast 2022-2027 ($ million)
Exhibits 66: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
Exhibits 67: Chart on APAC - Year-over-year growth 2022-2027 (%)
Exhibits 68: Data Table on APAC - Year-over-year growth 2022-2027 (%)
Exhibits 69: Chart on Europe - Market size and forecast 2022-2027 ($ million)
Exhibits 70: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
Exhibits 71: Chart on Europe - Year-over-year growth 2022-2027 (%)
Exhibits 72: Data Table on Europe - Year-over-year growth 2022-2027 (%)
Exhibits 73: Chart on North America - Market size and forecast 2022-2027 ($ million)
Exhibits 74: Data Table on North America - Market size and forecast 2022-2027 ($ million)
Exhibits 75: Chart on North America - Year-over-year growth 2022-2027 (%)
Exhibits 76: Data Table on North America - Year-over-year growth 2022-2027 (%)
Exhibits 77: Chart on South America - Market size and forecast 2022-2027 ($ million)
Exhibits 78: Data Table on South America - Market size and forecast 2022-2027 ($ million)
Exhibits 79: Chart on South America - Year-over-year growth 2022-2027 (%)
Exhibits 80: Data Table on South America - Year-over-year growth 2022-2027 (%)
Exhibits 81: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibits 82: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibits 83: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
Exhibits 84: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
Exhibits 85: Chart on China - Market size and forecast 2022-2027 ($ million)
Exhibits 86: Data Table on China - Market size and forecast 2022-2027 ($ million)
Exhibits 87: Chart on China - Year-over-year growth 2022-2027 (%)
Exhibits 88: Data Table on China - Year-over-year growth 2022-2027 (%)
Exhibits 89: Chart on US - Market size and forecast 2022-2027 ($ million)
Exhibits 90: Data Table on US - Market size and forecast 2022-2027 ($ million)
Exhibits 91: Chart on US - Year-over-year growth 2022-2027 (%)
Exhibits 92: Data Table on US - Year-over-year growth 2022-2027 (%)
Exhibits 93: Chart on India - Market size and forecast 2022-2027 ($ million)
Exhibits 94: Data Table on India - Market size and forecast 2022-2027 ($ million)
Exhibits 95: Chart on India - Year-over-year growth 2022-2027 (%)
Exhibits 96: Data Table on India - Year-over-year growth 2022-2027 (%)
Exhibits 97: Chart on Germany - Market size and forecast 2022-2027 ($ million)
Exhibits 98: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
Exhibits 99: Chart on Germany - Year-over-year growth 2022-2027 (%)
Exhibits 100: Data Table on Germany - Year-over-year growth 2022-2027 (%)
Exhibits 101: Chart on Japan - Market size and forecast 2022-2027 ($ million)
Exhibits 102: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
Exhibits 103: Chart on Japan - Year-over-year growth 2022-2027 (%)
Exhibits 104: Data Table on Japan - Year-over-year growth 2022-2027 (%)
Exhibits 105: Market opportunity by geography ($ million)
Exhibits 106: Impact of drivers and challenges in 2022 and 2027
Exhibits 107: Overview on Criticality of inputs and Factors of differentiation
Exhibits 108: Overview on factors of disruption
Exhibits 109: Impact of key risks on business
Exhibits 110: Vendors covered
Exhibits 111: Matrix on vendor position and classification
Exhibits 112: A. O. Smith Corp. - Overview
Exhibits 113: A. O. Smith Corp. - Business segments
Exhibits 114: A. O. Smith Corp. - Key offerings
Exhibits 115: A. O. Smith Corp. - Segment focus
Exhibits 116: Ariston Holding NV - Overview
Exhibits 117: Ariston Holding NV - Product/Service
Exhibits 118: Ariston Holding NV - Key news
Exhibits 119: Ariston Holding NV - Key offerings
Exhibits 120: Bradford White Corp. - Overview
Exhibits 121: Bradford White Corp. - Product/Service
Exhibits 122: Bradford White Corp. - Key offerings
Exhibits 123: Daikin Industries Ltd. - Overview
Exhibits 124: Daikin Industries Ltd. - Business segments
Exhibits 125: Daikin Industries Ltd. - Key news
Exhibits 126: Daikin Industries Ltd. - Key offerings
Exhibits 127: Daikin Industries Ltd. - Segment focus
Exhibits 128: Electric Heater Co. - Overview
Exhibits 129: Electric Heater Co. - Product/Service
Exhibits 130: Electric Heater Co. - Key offerings
Exhibits 131: Ferroli Spa - Overview
Exhibits 132: Ferroli Spa - Product/Service
Exhibits 133: Ferroli Spa - Key offerings
Exhibits 134: Guangdong Vanward New Electric Co. Ltd. - Overview
Exhibits 135: Guangdong Vanward New Electric Co. Ltd. - Product/Service
Exhibits 136: Guangdong Vanward New Electric Co. Ltd. - Key offerings
Exhibits 137: Hangzhou Kangquan Water Heater Co. Ltd. - Overview
Exhibits 138: Hangzhou Kangquan Water Heater Co. Ltd. - Product/Service
Exhibits 139: Hangzhou Kangquan Water Heater Co. Ltd. - Key offerings
Exhibits 140: Jaquar Group - Overview
Exhibits 141: Jaquar Group - Product/Service
Exhibits 142: Jaquar Group - Key offerings
Exhibits 143: MIDEA Group - Overview
Exhibits 144: MIDEA Group - Business segments
Exhibits 145: MIDEA Group - Key offerings
Exhibits 146: MIDEA Group - Segment focus
Exhibits 147: Noritz Corp. - Overview
Exhibits 148: Noritz Corp. - Business segments
Exhibits 149: Noritz Corp. - Key offerings
Exhibits 150: Noritz Corp. - Segment focus
Exhibits 151: Rheem Manufacturing Co. - Overview
Exhibits 152: Rheem Manufacturing Co. - Product/Service
Exhibits 153: Rheem Manufacturing Co. - Key offerings
Exhibits 154: Rinnai Corp. - Overview
Exhibits 155: Rinnai Corp. - Business segments
Exhibits 156: Rinnai Corp. - Key offerings
Exhibits 157: Rinnai Corp. - Segment focus
Exhibits 158: Robert Bosch GmbH - Overview
Exhibits 159: Robert Bosch GmbH - Business segments
Exhibits 160: Robert Bosch GmbH - Key news
Exhibits 161: Robert Bosch GmbH - Key offerings
Exhibits 162: Robert Bosch GmbH - Segment focus
Exhibits 163: Solahart Industries Pty Ltd. - Overview
Exhibits 164: Solahart Industries Pty Ltd. - Product/Service
Exhibits 165: Solahart Industries Pty Ltd. - Key offerings
Exhibits 166: Inclusions checklist
Exhibits 167: Exclusions checklist
Exhibits 168: Currency conversion rates for US$
Exhibits 169: Research methodology
Exhibits 170: Validation techniques employed for market sizing
Exhibits 171: Information sources
Exhibits 172: List of abbreviations

Executive Summary

The publisher recognizes the following companies as the key players in the global commercial water heaters market: A. O. Smith Corp., AB Electrolux, Ariston Holding NV, Bradford White Corp., Daikin Industries Ltd., Electric Heater Co., Ferroli Spa, Guangdong Vanward New Electric Co. Ltd., Hangzhou Kangquan Water Heater Co. Ltd., MIDEA Group, Noritz Corp., Rheem Manufacturing Co., Rinnai Corp., Solahart Industries Pty Ltd., STIEBEL ELTRON GmbH and Co. KG, Vaillant Group, Viessmann Climate Solutions SE, Watts Water Technologies Inc., Jaquar Group, and Robert Bosch GmbH.

Commenting on the report, an analyst from the research team said: `The latest trend gaining momentum in the market is rising initiatives for energy-efficient commercial buildings.`

According to the report, one of the major drivers for this market is the increasing demand from hospitality sector.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • A. O. Smith Corp.
  • AB Electrolux
  • Ariston Holding NV
  • Bradford White Corp.
  • Daikin Industries Ltd.
  • Electric Heater Co.
  • Ferroli Spa
  • Guangdong Vanward New Electric Co. Ltd.
  • Hangzhou Kangquan Water Heater Co. Ltd.
  • MIDEA Group
  • Noritz Corp.
  • Rheem Manufacturing Co.
  • Rinnai Corp.
  • Solahart Industries Pty Ltd.
  • STIEBEL ELTRON GmbH and Co. KG
  • Vaillant Group
  • Viessmann Climate Solutions SE
  • Watts Water Technologies Inc.
  • Jaquar Group
  • Robert Bosch GmbH