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Tankless Water Heater - Global Market Trajectory & Analytics

  • ID: 5141531
  • Report
  • September 2020
  • Region: Global
  • 370 pages
  • Global Industry Analysts, Inc
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Global Tankless Water Heater Market to Reach $10.2 Billion by 2027

Amid the COVID-19 crisis, the global market for Tankless Water Heater estimated at US$6.8 Billion in the year 2020, is projected to reach a revised size of US$10.2 Billion by 2027, growing at a CAGR of 5.8% over the period 2020-2027. Condensing, one of the segments analyzed in the report, is projected to record 6.5% CAGR and reach US$7 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Non-Condensing segment is readjusted to a revised 4.4% CAGR for the next 7-year period.

The U. S. Market is Estimated at $1.9 Billion, While China is Forecast to Grow at 9.1% CAGR

The Tankless Water Heater market in the U. S. is estimated at US$1.9 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$2.2 Billion by the year 2027 trailing a CAGR of 9% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.1% and 5.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.7% CAGR. We bring years of research experience to this 5th edition of our report. The 370-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others:
  • A. O. Smith Corporation
  • Alpha Electric Company Sdn. Bhd.
  • Bosch Thermotechnology
  • Bradford White Coporation
  • Eemax Inc.
  • Nortiz America
  • Rheem Manufacturing Company
  • Rinnai Corporation
  • Stiebel Eltron GmbH & Co. KG
Note: Product cover images may vary from those shown
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I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
  • Global Competitor Market Shares
  • Tankless Water Heater Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
  • Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES
  • Market Facts & Figures
  • US Tankless Water Heater Market Share (in %) by Company: 2019 & 2025
  • Market Analytics
CANADA

JAPAN

CHINA

EUROPE
  • Market Facts & Figures
  • European Tankless Water Heater Market: Competitor Market Share Scenario (in %) for 2019 & 2025
  • Market Analytics
FRANCE

GERMANY

ITALY

UNITED KINGDOM

SPAIN

RUSSIA

REST OF EUROPE

ASIA-PACIFIC

AUSTRALIA

INDIA

SOUTH KOREA

REST OF ASIA-PACIFIC

LATIN AMERICA

ARGENTINA

BRAZIL

MEXICO

REST OF LATIN AMERICA

MIDDLE EAST

IRAN

ISRAEL

SAUDI ARABIA

UNITED ARAB EMIRATES

REST OF MIDDLE EAST

AFRICA

IV. COMPETITION
  • Total Companies Profiled: 46
Note: Product cover images may vary from those shown
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