+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

Commercial Water Heaters Market Research Report by Type (Electric, Gas, and Heat Pump), Liter, Rated Capacity, State - United States Forecast to 2027 - Cumulative Impact of COVID-19

  • ID: 5239876
  • Report
  • April 2022
  • Region: United States
  • 109 Pages
  • 360iResearch™
UP TO OFF until Dec 31st 2022

FEATURED COMPANIES

  • A.O. Smith Corporation
  • Ariston Thermo Group
  • Bosch Industries
  • Daikin Industries, Ltd.
  • Jinyi Solar Water Heater
  • Nibe Energy Systems
The United States Commercial Water Heaters Market size was estimated at USD 1,328.59 million in 2021, USD 1,496.32 million in 2022, and is projected to grow at a Compound Annual Growth Rate (CAGR) of 9.11% to reach USD 2,241.81 million by 2027.



Market Statistics:


The report provides market sizing and forecast across five major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF. It helps organization leaders make better decisions when currency exchange data is readily available. In this report, the years 2019 and 2020 are considered historical years, 2021 as the base year, 2022 as the estimated year, and years from 2023 to 2027 are considered the forecast period.

Market Segmentation & Coverage:


This research report categorizes the Commercial Water Heaters to forecast the revenues and analyze the trends in each of the following sub-markets:
  • Based on Type, the market was studied across Electric, Gas, Heat Pump, Hybrid, Oil, and Solar.
  • Based on Liter, the market was studied across 1,000-3,000 Liters, 3,000-4,000 Liters, 500-1,000 Liters, Above 4,000 Liters, and Below 500 Liters.
  • Based on Rated Capacity, the market was studied across 10‒50Kw, 150‒300Kw, 50‒150Kw, Above 300Kw, and Up to 10Kw.
  • Based on State, the market was studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas.

Cumulative Impact of COVID-19:


COVID-19 is an incomparable global public health emergency that has affected almost every industry, and the long-term effects are projected to impact the industry growth during the forecast period. Our ongoing research amplifies our research framework to ensure the inclusion of underlying COVID-19 issues and potential paths forward. The report delivers insights on COVID-19 considering the changes in consumer behavior and demand, purchasing patterns, re-routing of the supply chain, dynamics of current market forces, and the significant interventions of governments. The updated study provides insights, analysis, estimations, and forecasts, considering the COVID-19 impact on the market.

Competitive Strategic Window:


The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.

FPNV Positioning Matrix:


The FPNV Positioning Matrix evaluates and categorizes the vendors in the Commercial Water Heaters Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

Market Share Analysis:


The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

Competitive Scenario:


The Competitive Scenario provides an outlook analysis of the various business growth strategies adopted by the vendors. The news covered in this section deliver valuable thoughts at the different stage while keeping up-to-date with the business and engage stakeholders in the economic debate. The competitive scenario represents press releases or news of the companies categorized into Merger & Acquisition, Agreement, Collaboration, & Partnership, New Product Launch & Enhancement, Investment & Funding, and Award, Recognition, & Expansion. All the news collected help vendor to understand the gaps in the marketplace and competitor’s strength and weakness thereby, providing insights to enhance product and service.

Company Usability Profiles:


The report profoundly explores the recent significant developments by the leading vendors and innovation profiles in the United States Commercial Water Heaters Market, including A.O. Smith Corporation, American Water Heaters, Ariston Thermo Group, Bock Water Heaters, Inc., Bosch Industries, Bradford White, Daikin Industries, Ltd., Danfoss A/S, Giant Manufacturing Co. Ltd., Jinyi Solar Water Heater, Johnson Controls-Hitachi Air Conditioning, Midea Group, Mitsubishi Electric Corporation, Nibe Energy Systems, PVI Industries, Rheem Manufacturing Company, Rinnai Corporation, Solahart, Stiebel Eltron, Vaillant Group, and Viessmann Group.

The report provides insights on the following pointers:


1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyze penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:


1. What is the market size and forecast of the United States Commercial Water Heaters Market?
2. What are the inhibiting factors and impact of COVID-19 shaping the United States Commercial Water Heaters Market during the forecast period?
3. Which are the products/segments/applications/areas to invest in over the forecast period in the United States Commercial Water Heaters Market?
4. What is the competitive strategic window for opportunities in the United States Commercial Water Heaters Market?
5. What are the technology trends and regulatory frameworks in the United States Commercial Water Heaters Market?
6. What is the market share of the leading vendors in the United States Commercial Water Heaters Market?
7. What modes and strategic moves are considered suitable for entering the United States Commercial Water Heaters Market?
Frequently Asked Questions about the U.S. Commercial Water Heaters Market

What is the estimated value of the U.S. Commercial Water Heaters Market?

The U.S. Commercial Water Heaters Market was estimated to be valued at $1328.6 Million in 2021.

What is the growth rate of the U.S. Commercial Water Heaters Market?

The growth rate of the U.S. Commercial Water Heaters Market is 9.1%, with an estimated value of $2241.8 Million by 2027.

What is the forecasted size of the U.S. Commercial Water Heaters Market?

The U.S. Commercial Water Heaters Market is estimated to be worth $2241.8 Million by 2027.

Who are the key companies in the U.S. Commercial Water Heaters Market?

Key companies in the U.S. Commercial Water Heaters Market include A.O. Smith Corporation, American Water Heaters, Ariston Thermo Group, Bock Water Heaters, Inc., Bosch Industries, Bradford White, Daikin Industries, Ltd., Danfoss A/S and Jinyi Solar Water Heater.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • A.O. Smith Corporation
  • Ariston Thermo Group
  • Bosch Industries
  • Daikin Industries, Ltd.
  • Jinyi Solar Water Heater
  • Nibe Energy Systems

1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary4. Market Overview
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.2. Restraints
5.1.3. Opportunities
5.1.4. Challenges
5.2. Cumulative Impact of COVID-19
6. Commercial Water Heaters Market, by Type
6.1. Introduction
6.2. Electric
6.3. Gas
6.4. Heat Pump
6.5. Hybrid
6.6. Oil
6.7. Solar
7. Commercial Water Heaters Market, by Liter
7.1. Introduction
7.2. 1,000-3,000 Liters
7.3. 3,000-4,000 Liters
7.4. 500-1,000 Liters
7.5. Above 4,000 Liters
7.6. Below 500 Liters
8. Commercial Water Heaters Market, by Rated Capacity
8.1. Introduction
8.2. 10?50Kw
8.3. 150?300Kw
8.4. 50?150Kw
8.5. Above 300Kw
8.6. Up to 10Kw
9. California Commercial Water Heaters Market10. Florida Commercial Water Heaters Market11. Illinois Commercial Water Heaters Market12. New York Commercial Water Heaters Market13. Ohio Commercial Water Heaters Market14. Pennsylvania Commercial Water Heaters Market15. Texas Commercial Water Heaters Market
16. Competitive Landscape
16.1. FPNV Positioning Matrix
16.1.1. Quadrants
16.1.2. Business Strategy
16.1.3. Product Satisfaction
16.2. Market Ranking Analysis
16.3. Market Share Analysis, By Key Player
16.4. Competitive Scenario
16.4.1. Merger & Acquisition
16.4.2. Agreement, Collaboration, & Partnership
16.4.3. New Product Launch & Enhancement
16.4.4. Investment & Funding
16.4.5. Award, Recognition, & Expansion
17. Company Usability Profiles
17.1. A.O. Smith Corporation
17.2. American Water Heaters
17.3. Ariston Thermo Group
17.4. Bock Water Heaters, Inc.
17.5. Bosch Industries
17.6. Bradford White
17.7. Daikin Industries, Ltd.
17.8. Danfoss A/S
17.9. Giant Manufacturing Co. Ltd.
17.10. Jinyi Solar Water Heater
17.11. Johnson Controls-Hitachi Air Conditioning
17.12. Midea Group
17.13. Mitsubishi Electric Corporation
17.14. Nibe Energy Systems
17.15. PVI Industries
17.16. Rheem Manufacturing Company
17.17. Rinnai Corporation
17.18. Solahart
17.19. Stiebel Eltron
17.20. Vaillant Group
17.21. Viessmann Group
18. Appendix
18.1. Discussion Guide
18.2. License & Pricing
List of Figures
FIGURE 1. UNITED STATES COMMERCIAL WATER HEATERS MARKET: DYNAMICS
FIGURE 2. UNITED STATES COMMERCIAL WATER HEATERS MARKET SIZE, BY TYPE, 2021 VS 2027 (%)
FIGURE 3. UNITED STATES COMMERCIAL WATER HEATERS MARKET SIZE, BY TYPE, 2021 VS 2027 (USD MILLION)
FIGURE 4. COMPETITIVE STRATEGIC WINDOW FOR UNITED STATES COMMERCIAL WATER HEATERS MARKET SIZE, BY TYPE, 2027
FIGURE 5. UNITED STATES COMMERCIAL WATER HEATERS MARKET SIZE, BY ELECTRIC, 2019-2027 (USD MILLION)
FIGURE 6. UNITED STATES COMMERCIAL WATER HEATERS MARKET SIZE, BY ELECTRIC, BY STATE, 2021 VS 2027 (USD MILLION)
FIGURE 7. UNITED STATES COMMERCIAL WATER HEATERS MARKET SIZE, BY GAS, 2019-2027 (USD MILLION)
FIGURE 8. UNITED STATES COMMERCIAL WATER HEATERS MARKET SIZE, BY GAS, BY STATE, 2021 VS 2027 (USD MILLION)
FIGURE 9. UNITED STATES COMMERCIAL WATER HEATERS MARKET SIZE, BY HEAT PUMP, 2019-2027 (USD MILLION)
FIGURE 10. UNITED STATES COMMERCIAL WATER HEATERS MARKET SIZE, BY HEAT PUMP, BY STATE, 2021 VS 2027 (USD MILLION)
FIGURE 11. UNITED STATES COMMERCIAL WATER HEATERS MARKET SIZE, BY HYBRID, 2019-2027 (USD MILLION)
FIGURE 12. UNITED STATES COMMERCIAL WATER HEATERS MARKET SIZE, BY HYBRID, BY STATE, 2021 VS 2027 (USD MILLION)
FIGURE 13. UNITED STATES COMMERCIAL WATER HEATERS MARKET SIZE, BY OIL, 2019-2027 (USD MILLION)
FIGURE 14. UNITED STATES COMMERCIAL WATER HEATERS MARKET SIZE, BY OIL, BY STATE, 2021 VS 2027 (USD MILLION)
FIGURE 15. UNITED STATES COMMERCIAL WATER HEATERS MARKET SIZE, BY SOLAR, 2019-2027 (USD MILLION)
FIGURE 16. UNITED STATES COMMERCIAL WATER HEATERS MARKET SIZE, BY SOLAR, BY STATE, 2021 VS 2027 (USD MILLION)
FIGURE 17. UNITED STATES COMMERCIAL WATER HEATERS MARKET SIZE, BY LITER, 2021 VS 2027 (%)
FIGURE 18. UNITED STATES COMMERCIAL WATER HEATERS MARKET SIZE, BY LITER, 2021 VS 2027 (USD MILLION)
FIGURE 19. COMPETITIVE STRATEGIC WINDOW FOR UNITED STATES COMMERCIAL WATER HEATERS MARKET SIZE, BY LITER, 2027
FIGURE 20. UNITED STATES COMMERCIAL WATER HEATERS MARKET SIZE, BY 1,000-3,000 LITERS, 2019-2027 (USD MILLION)
FIGURE 21. UNITED STATES COMMERCIAL WATER HEATERS MARKET SIZE, BY 1,000-3,000 LITERS, BY STATE, 2021 VS 2027 (USD MILLION)
FIGURE 22. UNITED STATES COMMERCIAL WATER HEATERS MARKET SIZE, BY 3,000-4,000 LITERS, 2019-2027 (USD MILLION)
FIGURE 23. UNITED STATES COMMERCIAL WATER HEATERS MARKET SIZE, BY 3,000-4,000 LITERS, BY STATE, 2021 VS 2027 (USD MILLION)
FIGURE 24. UNITED STATES COMMERCIAL WATER HEATERS MARKET SIZE, BY 500-1,000 LITERS, 2019-2027 (USD MILLION)
FIGURE 25. UNITED STATES COMMERCIAL WATER HEATERS MARKET SIZE, BY 500-1,000 LITERS, BY STATE, 2021 VS 2027 (USD MILLION)
FIGURE 26. UNITED STATES COMMERCIAL WATER HEATERS MARKET SIZE, BY ABOVE 4,000 LITERS, 2019-2027 (USD MILLION)
FIGURE 27. UNITED STATES COMMERCIAL WATER HEATERS MARKET SIZE, BY ABOVE 4,000 LITERS, BY STATE, 2021 VS 2027 (USD MILLION)
FIGURE 28. UNITED STATES COMMERCIAL WATER HEATERS MARKET SIZE, BY BELOW 500 LITERS, 2019-2027 (USD MILLION)
FIGURE 29. UNITED STATES COMMERCIAL WATER HEATERS MARKET SIZE, BY BELOW 500 LITERS, BY STATE, 2021 VS 2027 (USD MILLION)
FIGURE 30. UNITED STATES COMMERCIAL WATER HEATERS MARKET SIZE, BY RATED CAPACITY, 2021 VS 2027 (%)
FIGURE 31. UNITED STATES COMMERCIAL WATER HEATERS MARKET SIZE, BY RATED CAPACITY, 2021 VS 2027 (USD MILLION)
FIGURE 32. COMPETITIVE STRATEGIC WINDOW FOR UNITED STATES COMMERCIAL WATER HEATERS MARKET SIZE, BY RATED CAPACITY, 2027
FIGURE 33. UNITED STATES COMMERCIAL WATER HEATERS MARKET SIZE, BY 10?50KW, 2019-2027 (USD MILLION)
FIGURE 34. UNITED STATES COMMERCIAL WATER HEATERS MARKET SIZE, BY 10?50KW, BY STATE, 2021 VS 2027 (USD MILLION)
FIGURE 35. UNITED STATES COMMERCIAL WATER HEATERS MARKET SIZE, BY 150?300KW, 2019-2027 (USD MILLION)
FIGURE 36. UNITED STATES COMMERCIAL WATER HEATERS MARKET SIZE, BY 150?300KW, BY STATE, 2021 VS 2027 (USD MILLION)
FIGURE 37. UNITED STATES COMMERCIAL WATER HEATERS MARKET SIZE, BY 50?150KW, 2019-2027 (USD MILLION)
FIGURE 38. UNITED STATES COMMERCIAL WATER HEATERS MARKET SIZE, BY 50?150KW, BY STATE, 2021 VS 2027 (USD MILLION)
FIGURE 39. UNITED STATES COMMERCIAL WATER HEATERS MARKET SIZE, BY ABOVE 300KW, 2019-2027 (USD MILLION)
FIGURE 40. UNITED STATES COMMERCIAL WATER HEATERS MARKET SIZE, BY ABOVE 300KW, BY STATE, 2021 VS 2027 (USD MILLION)
FIGURE 41. UNITED STATES COMMERCIAL WATER HEATERS MARKET SIZE, BY UP TO 10KW, 2019-2027 (USD MILLION)
FIGURE 42. UNITED STATES COMMERCIAL WATER HEATERS MARKET SIZE, BY UP TO 10KW, BY STATE, 2021 VS 2027 (USD MILLION)
FIGURE 43. UNITED STATES COMMERCIAL WATER HEATERS MARKET: FPNV POSITIONING MATRIX
FIGURE 44. UNITED STATES COMMERCIAL WATER HEATERS MARKET: SHARE, BY KEY PLAYER, 2021
FIGURE 45. COMPETITIVE SCENARIO ANALYSIS IN UNITED STATES COMMERCIAL WATER HEATERS MARKET, BY TYPE
List of Tables
TABLE 1. UNITED STATES COMMERCIAL WATER HEATERS MARKET: MARKET SEGMENTATION & COVERAGE
TABLE 2. UNITED STATES DOLLAR EXCHANGE RATE, 2016–2020
TABLE 3. UNITED STATES COMMERCIAL WATER HEATERS MARKET SIZE, BY TYPE, 2019-2027 (USD MILLION)
TABLE 4. UNITED STATES COMMERCIAL WATER HEATERS MARKET SIZE, BY ELECTRIC, BY STATE, 2019-2027 (USD MILLION)
TABLE 5. UNITED STATES COMMERCIAL WATER HEATERS MARKET SIZE, BY GAS, BY STATE, 2019-2027 (USD MILLION)
TABLE 6. UNITED STATES COMMERCIAL WATER HEATERS MARKET SIZE, BY HEAT PUMP, BY STATE, 2019-2027 (USD MILLION)
TABLE 7. UNITED STATES COMMERCIAL WATER HEATERS MARKET SIZE, BY HYBRID, BY STATE, 2019-2027 (USD MILLION)
TABLE 8. UNITED STATES COMMERCIAL WATER HEATERS MARKET SIZE, BY OIL, BY STATE, 2019-2027 (USD MILLION)
TABLE 9. UNITED STATES COMMERCIAL WATER HEATERS MARKET SIZE, BY SOLAR, BY STATE, 2019-2027 (USD MILLION)
TABLE 10. UNITED STATES COMMERCIAL WATER HEATERS MARKET SIZE, BY LITER, 2019-2027 (USD MILLION)
TABLE 11. UNITED STATES COMMERCIAL WATER HEATERS MARKET SIZE, BY 1,000-3,000 LITERS, BY STATE, 2019-2027 (USD MILLION)
TABLE 12. UNITED STATES COMMERCIAL WATER HEATERS MARKET SIZE, BY 3,000-4,000 LITERS, BY STATE, 2019-2027 (USD MILLION)
TABLE 13. UNITED STATES COMMERCIAL WATER HEATERS MARKET SIZE, BY 500-1,000 LITERS, BY STATE, 2019-2027 (USD MILLION)
TABLE 14. UNITED STATES COMMERCIAL WATER HEATERS MARKET SIZE, BY ABOVE 4,000 LITERS, BY STATE, 2019-2027 (USD MILLION)
TABLE 15. UNITED STATES COMMERCIAL WATER HEATERS MARKET SIZE, BY BELOW 500 LITERS, BY STATE, 2019-2027 (USD MILLION)
TABLE 16. UNITED STATES COMMERCIAL WATER HEATERS MARKET SIZE, BY RATED CAPACITY, 2019-2027 (USD MILLION)
TABLE 17. UNITED STATES COMMERCIAL WATER HEATERS MARKET SIZE, BY 10?50KW, BY STATE, 2019-2027 (USD MILLION)
TABLE 18. UNITED STATES COMMERCIAL WATER HEATERS MARKET SIZE, BY 150?300KW, BY STATE, 2019-2027 (USD MILLION)
TABLE 19. UNITED STATES COMMERCIAL WATER HEATERS MARKET SIZE, BY 50?150KW, BY STATE, 2019-2027 (USD MILLION)
TABLE 20. UNITED STATES COMMERCIAL WATER HEATERS MARKET SIZE, BY ABOVE 300KW, BY STATE, 2019-2027 (USD MILLION)
TABLE 21. UNITED STATES COMMERCIAL WATER HEATERS MARKET SIZE, BY UP TO 10KW, BY STATE, 2019-2027 (USD MILLION)
TABLE 22. UNITED STATES COMMERCIAL WATER HEATERS MARKET: SCORES
TABLE 23. UNITED STATES COMMERCIAL WATER HEATERS MARKET: BUSINESS STRATEGY
TABLE 24. UNITED STATES COMMERCIAL WATER HEATERS MARKET: PRODUCT SATISFACTION
TABLE 25. UNITED STATES COMMERCIAL WATER HEATERS MARKET: RANKING
TABLE 26. UNITED STATES COMMERCIAL WATER HEATERS MARKET: SHARE, BY KEY PLAYER, 2021
TABLE 27. UNITED STATES COMMERCIAL WATER HEATERS MARKET: MERGER & ACQUISITION
TABLE 28. UNITED STATES COMMERCIAL WATER HEATERS MARKET: AGREEMENT, COLLABORATION, & PARTNERSHIP
TABLE 29. UNITED STATES COMMERCIAL WATER HEATERS MARKET: NEW PRODUCT LAUNCH & ENHANCEMENT
TABLE 30. UNITED STATES COMMERCIAL WATER HEATERS MARKET: INVESTMENT & FUNDING
TABLE 31. UNITED STATES COMMERCIAL WATER HEATERS MARKET: AWARD, RECOGNITION, & EXPANSION
TABLE 32. UNITED STATES COMMERCIAL WATER HEATERS MARKET: LICENSE & PRICING
Note: Product cover images may vary from those shown
  • A.O. Smith Corporation
  • American Water Heaters
  • Ariston Thermo Group
  • Bock Water Heaters, Inc.
  • Bosch Industries
  • Bradford White
  • Daikin Industries, Ltd.
  • Danfoss A/S
  • Giant Manufacturing Co. Ltd.
  • Jinyi Solar Water Heater
  • Johnson Controls-Hitachi Air Conditioning
  • Midea Group
  • Mitsubishi Electric Corporation
  • Nibe Energy Systems
  • PVI Industries
  • Rheem Manufacturing Company
  • Rinnai Corporation
  • Solahart
  • Stiebel Eltron
  • Vaillant Group
  • Viessmann Group
Note: Product cover images may vary from those shown

Loading
LOADING...