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Water Heaters Global Market Opportunities And Strategies To 2033

Water Heaters Market 2024 – By Product Type (Solar Heaters, Electric Heaters, Gas and Propane Heaters, Geothermal Heaters, Other Product Types), By Distribution Channel (Supermarket/Hypermarket, Specialty Stores, E-Commerce, Other Distribution Channels), By End User (Residential, Commercial, Industrial), And By Region, Opportunities And Strategies – Global Forecast To 2033

Water Heaters Global Market Opportunities And Strategies To 2033

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Description Table Of Contents Tables & Figures Market Insights Related Reports

Water Heaters Market Definition

A water heater is a device used for heating water above its ambient temperature, used generally for various domestic, residential and industrial purposes.

The water heaters market consists of sales of water heater products by entities (organizations, sole traders or partnerships) primarily involved in their production for various applications. Water heaters come in various types, including tank-based, tankless, hybrid and solar water heater; each catering to different needs and preferences.

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Water Heaters Market Size

The global water heaters market reached a value of nearly $59,106.6 million in 2023, having grown at a compound annual growth rate (CAGR) of 8.2% since 2018. The market is expected to grow from $59,106.6 million in 2023 to $89,283.2 million in 2028 at a rate of 8.6%. The market is then expected to grow at a CAGR of 7.0% from 2028 and reach $125,418.5 million in 2033.

Growth in the historic period resulted from rapid urbanization, the growing demand for instant heating units, the high investments in the consumer electronics industry and strong economic growth in emerging markets. Factors that negatively affected growth in the historic period was shortage in electronic components supply and changing regulations.

Going forward, growth in residential and commercial construction activities, the rising disposable incomes per capita, surge in e-commerce and retail sales, fluctuations in energy prices such as electricity and gas will drive the growth. Factor that could hinder the growth of the water heaters market in the future include high initial cost of purchasing and installing energy-efficient water heating systems and limited availability of skilled technicians and contractors.

Water Heaters Market Drivers

The key drivers of the water heaters market include:

Growth In Residential And Commercial Construction Activities

Growth in residential and commercial construction activities is expected to help the growth of the water heaters market. Infrastructure development, encompassing residential buildings, commercial complexes and industrial facilities, is becoming increasingly necessary, as urbanization and population growth pick up speed. Water heating systems are installed as part of these building projects, to supply hot water to businesses, tenants and residents. The development of new residential and commercial buildings offers suppliers and manufacturers of water heaters a considerable market opportunity. High-performance water heaters that abide by building rules and sustainability standards are among the energy-efficient systems and contemporary comforts that are frequently included in new construction. For instance, in November 2023, according to the Australian Bureau of Statistics (ABS), an Australia-based government agency that collects and analyzes statistics, total construction work increased by 1.3% to $64,768.7 million, with building work rising 0.2% to $34,300.2 million.  Additionally, in August 2023, according to an analysis of data from the US Census Bureau by Deloitte Touche Tohmatsu Limited, a UK-based professional services company, total construction spending was $1.98 trillion in 2023, up 7.4% from August 2022. The main driver of this overall spending was nonresidential construction spending, which grew at a rate of 17.6% over the previous year.  Therefore, growth in residential and commercial construction activities will drive the growth of the water heaters market during the forecast period.

Water Heaters Market Restraints

The key restraints on the water heaters market include:

Limited Availability Of Skilled Technicians And Contractors

The limited availability of skilled technicians and contractors for the installation and maintenance of advanced water heating systems poses a challenge to the water heaters market. Advanced water heating systems, such as solar-powered, heat pump and tankless models, need to be installed and maintained by people with specific training, technical know-how and experience with intricate plumbing, HVAC (heating, ventilation and air conditioning) and electrical systems. To guarantee correct installation, performance and compliance with safety regulations, qualified technicians and contractors are crucial. For instance, in December 2023, according to the Rinnai Corporation, a Japan-based appliance manufacturing company that manufactures gas appliances, water heaters and home heating appliances, among others, for plumbers and contractors, the lack of competent personnel continues to be a major obstacle. It is therefore challenging to budget time for learning about new products and technologies.  Additionally, in April 2023, according to the 2023 Career Advancement in Manufacturing Report by Xometry, a US-based on-demand industrial parts marketplace, and The Women in Manufacturing Association, a US-based national association dedicated to supporting, promoting and inspiring women in all manufacturing, 82% of manufacturing companies are experiencing a labor shortage.  Therefore, the limited availability of skilled technicians and contractors may hinder the growth of the water heaters market during the forecast period.

Water Heaters Market Trends

Major trends shaping the water heaters market include:

New Product Launches To Cater To Diverse Applications

Companies in the water heaters manufacturing industries are launching new products for diverse applications, which signifies a strategic move aimed at enhancing offerings in the market. For instance, in June 2023, EcoSmart, a US-based heat pump water heater manufacturing company, launched EcoSmart Element, a new green, economical tankless electric water heaters. These tankless electric water heaters are suitable for new construction and household use. They come in three sizes: 12 kilowatt (kW), 18 kW and 27 kW. Among the features are easy-to-replace threaded brass connections and copper immersion heating elements that fit into a single chamber.  Additionally, in December 2022, Havells India Limited, an India-based home appliance and electrical equipment manufacturing company, launched the Otto and Orizzonte range of storage water heaters in India. The Otto water heater has an eye-catching circular shape, an adjustable temperature knob for customized heating and a light-emitting diode (LED) that changes from blue to amber when the water reaches the right temperature.

Strategic Partnerships And Acquisitions To Drive Market Dominance

Companies in the water heaters market are focusing on strategic partnerships and acquisitions to strengthen their market position, enhance product offerings and expand their geographic reach. Through these partnerships and acquisitions, companies can take advantage of emerging technologies, integrate complementary skills and reach emerging markets. For instance, in January 2024, Watts Water Technologies, Inc., a US-based provider of plumbing, heating and water quality products, acquired Josam Company for an undisclosed amount. The acquisition will provide Watts Water Technologies clients with access to Josam's unique solutions, while also driving growth through additional cross-selling possibilities. Josam Company is a US-based manufacturer of drainage and plumbing products, including water heaters.  Additionally, in April 2022, Enginuity Power Systems, Inc., a US-based private generation technology company, announced a strategic development partnership with Bradford White Corporation, a US-based water heaters, boilers and storage tank manufacturing company. Using Enginuity's patented energy-efficient internal combustion engine as the power source for an electric generator and heat for heating water, using a Bradford White water tank customized to the system, the companies will jointly develop and advance a private-generation combined heat and power water heater system.

Opportunities And Recommendations In The Water Heaters Market

Opportunities – The top opportunities in the water heaters market segmented by product type will arise in the electric heaters segment, which will gain $16,345.4 million of global annual sales by 2028. The top opportunities in the water heaters market segmented by distribution channel will arise in the specialty stores segment, which will gain $13,953.9 million of global annual sales by 2028. The top opportunities in the water heaters market segmented by end user will arise in the residential segment, which will gain $15,450.9 million of global annual sales by 2028. The water heaters market size will gain the most in the USA at $6,632.7 million.

Recommendations- To take advantage of the opportunities, The Business Research Company recommends the water heaters companies to focus on innovation and product diversification, focus on integrating Wi-Fi control capabilities, focus on sustainable solar-powered solutions, focus on tankless heat pump water heaters, focus on solar heaters, expand in emerging markets, continue to focus on developed markets, focus on E-Commerce, focus on competitive pricing, focus on strategic pricing strategies for market leadership, participate in trade shows and events, continue to use B2B promotions, focus on digital marketing channels, focus on customer education and engagement and focus on commercial end-users.

Water Heaters Market Segmentation

The water heaters market is segmented by product type, by distribution channel and by end user.

By Product Type –
The water heaters market is segmented by product type into:
    • a) Solar Heaters
    • b) Electric Heaters
    • c) Gas and Propane Heaters
    • d) Geothermal Heaters
    • e) Other Product Types
The electric heaters market was the largest segment of the water heaters market segmented by product type, accounting for 52.2% or $30,863.2 million of the total in 2023. Going forward, the solar heaters segment is expected to be the fastest growing segment in the water heaters market segmented by product type, at a CAGR of 10.2% during 2023-2028.

By Distribution Channel –
The water heaters market is segmented by distribution channel into:
    • a) Supermarket/Hypermarket
    • b) Specialty Stores
    • c) E-Commerce
    • d) Other Distribution Channels
The specialty stores market was the largest segment of the water heaters market segmented by distribution channel, accounting for 45.4% or $26,817.6 million of the total in 2023. Going forward, the e-commerce segment is expected to be the fastest growing segment in the water heaters market segmented by distribution channel, at a CAGR of 10.1% during 2023-2028.

By End User –
The water heaters market is segmented by end user into:
    • a) Residential
    • b) Commercial
    • c) Industrial
The residential market was the largest segment of the water heaters market segmented by end user, accounting for 51.7% or $30,548.5 of the total in 2023. Going forward, the commercial segment is expected to be the fastest growing segment in the water heaters market segmented by end user, at a CAGR of 9.2% during 2023-2028.

By Geography - The water heaters market is segmented by geography into:
      o Asia Pacific
      • • China
      • • India
      • • Japan
      • • Australia
      • • Indonesia
      • • South Korea
      o North America
      • • USA
      • • Canada
      o South America
      • • Brazil
      o Western Europe
      • • France
      • • Germany
      • • UK
      • • Italy
      • • Spain
      o Eastern Europe
      • • Russia
      o Middle East
      o Africa
Asia Pacific was the largest region in the water heaters market, accounting for 34.9% or $20,599.2 million of the total in 2023. It was followed by North America, Western Europe and then the other regions. Going forward, the fastest-growing regions in the water heaters market will be Middle East and Asia Pacific where growth will be at CAGRs of 9.7% and 9.4% respectively. These will be followed by Africa and South America where the markets are expected to grow at CAGRs of 9.4% and 9.2% respectively.

Water Heaters Market Competitive Landscape

Major Competitors are:

  • A. O. Smith Corporation
  • Rinnai Corporation
  • Vaillant Group
  • Rheem Manufacturing Company
  • Ariston Thermo Group

    • Other Competitors Include:

  • Viessmann Group.
  • Haier Smart Home Co., Ltd.
  • NORITZ Corporation
  • Bradford White Corporation
  • Robert Bosch GmbH
  • Bajaj Electricals Ltd.
  • Crompton Greaves Consumer Electricals Ltd.
  • Havells India Ltd.
  • Siemens AG
  • Viessmann Werke GmbH & Co. KG
  • Stiebel Eltron International GmbH
  • Telford Copper & Stainless Cylinders
  • Hamworthy Heating
  • Sun Ray
  • PBS Power Equipment, s.r.o.
  • Enerstena Group
  • Petrojet Trade s.r.o.
  • Druzstevni zavody Drazice company
  • General Electric
  • Havells
  • ATMOR
  • Stiebel Eltron GmbH & Co. KG.
  • Kyungdong Navien Co.,Ltd.
  • Haier Electronics Group Co, Ltd
  • Viesmann Group
  • Whirlpool Corporation
  • Alfa Laval
  • Whirlpool
  • Carrier Corporation
  • Apen Group
  • State Industries
  • Bradford White
  • American Water Heaters
  • EcoSmart US
  • Goodman
  • Ariston
  • ABRAVA- DASOL
  • Aquecedor Solar Transsen Ltda.
  • Br Solar
  • IEM – Intercambio Eletro Mecanico Ltda
  • Dana Water Heaters and Coolers Factory LLC
  • Al Khatib Electrical Water Heater Factory
  • Pure Blue International LLC
  • Solar Ray
  • Genersys South Africa
  • GoSolar CC
  • ITS Solar
  • Kwikot (Pty) Ltd
  • SunTank Solar Water Heating

      • Table Of Contents

      1Executive Summary

      1.1 Water Heaters – Market Attractiveness And Macro economic Landscape

      2 Table Of Contents

      3 List Of Tables

      4 List Of Figures

      5 Report Structure

      6 Market Characteristics

      6.1 General Market Definition

      6.2 Summary

      6.3 Water Heaters Market Definition And Segmentations

      6.4 Market Segmentation By Product Type

      6.4.1 Solar Heaters

      6.4.2 Electric Heaters

      6.4.3 Gas And Propane Heaters

      6.4.4 Geothermal Heaters

      6.4.5 Other Product Types

      6.5 Market Segmentation By Distribution Channel

      6.5.1 Supermarket/Hypermarket

      6.5.2 Specialty Stores

      6.5.3 E-Commerce

      6.5.4 Other Distribution Channels

      6.6 Market Segmentation By End User

      6.6.1 Residential

      6.6.2 Commercial

      6.6.3 Industrial

      7 Major Market Trends

      7.1 New Product Launches To Cater To Diverse Applications

      7.2 Strategic Partnerships And Acquisitions To Drive Market Dominance

      7.3 Integration Of Wi-Fi Control For Unprecedented Convenience And Energy Management

      7.4 Launch Of Solar Powered Water Heaters To Transform The Home Energy Landscape

      7.5 Focus On The Development Of Tankless Heat Pump Water Heaters

      8 Water Heaters Market - Macro Economic Scenario

      8.1 COVID-19 Impact On The Water Heaters Market

      8.2 Impact Of The War In Ukraine On The Water Heaters Market

      8.3 Impact Of High Inflation On The Water Heaters Market

      9 Global Market Size and Growth

      9.1 Market Size

      9.2 Historic Market Growth, 2018 – 2023, Value ($ Million)

      9.2.1 Market Drivers 2018 – 2023

      9.2.2 Market Restraints 2018 – 2023

      9.3 Forecast Market Growth, 2023 – 2028, 2033F Value ($ Million)

      9.3.1 Market Drivers 2023 – 2028

      9.3.2 Market Restraints 2023 – 2028

      10 Global Water Heaters Market Segmentation

      10.1 Global Water Heaters Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      10.2 Global Water Heaters Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      10.3 Global Water Heaters Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      11 Water Heaters Market, Regional and Country Analysis

      11.1 Global Water Heaters Market, By Region, Historic and Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      11.2 Global Water Heaters Market, By Country, Historic and Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      12 Asia-Pacific Market

      12.1 Summary

      12.1.1 Market Overview

      12.1.2 Region Information

      12.1.3 Market Information

      12.1.4 Background Information

      12.1.5 Government Initiatives

      12.1.6 Regulations

      12.1.7 Regulatory Bodies

      12.1.8 Major Associations

      12.1.9 Taxes Levied

      12.1.10 Corporate Tax Structure

      12.1.11 Investments

      12.1.12 Major Companies

      12.2 Asia-Pacific Water Heaters Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      12.3 Asia-Pacific Water Heaters Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      12.4 Asia-Pacific Water Heaters Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      12.5 Asia-Pacific Water Heaters Market: Country Analysis

      12.6 China Market

      12.7 Summary

      12.7.1 Market Overview

      12.7.2 Country Information

      12.7.3 Market Information

      12.7.4 Background Information

      12.7.5 Government Initiatives

      12.7.6 Regulations

      12.7.7 Regulatory Bodies

      12.7.8 Major Associations

      12.7.9 Taxes Levied

      12.7.10 Corporate Tax Structure

      12.7.11 Investments

      12.7.12 Major Companies

      12.8 China Water Heaters Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      12.9 China Water Heaters Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      12.1 China Water Heaters Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      12.11 India Market

      12.12 India Water Heaters Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      12.13 India Water Heaters Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      12.14 India Water Heaters Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      12.15 Japan Market

      12.16 Japan Water Heaters Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      12.17 Japan Water Heaters Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      12.18 Japan Water Heaters Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      12.19 Australia Market

      12.2 Australia Water Heaters Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      12.21 Australia Water Heaters Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      12.22 Australia Water Heaters Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      12.23 Indonesia Market

      12.24 Indonesia Water Heaters Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      12.25 Indonesia Water Heaters Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      12.26 Indonesia Water Heaters Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      12.27 South Korea Market

      12.28 South Korea Water Heaters Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      12.29 South Korea Water Heaters Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      12.3 South Korea Water Heaters Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      13 Western Europe Market

      13.1 Summary

      13.1.1 Market Overview

      13.1.2 Region Information

      13.1.3 Market Information

      13.1.4 Background Information

      13.1.5 Government Initiatives

      13.1.6 Regulations

      13.1.7 Regulatory Bodies

      13.1.8 Major Associations

      13.1.9 Taxes Levied

      13.1.10 Corporate Tax Structure

      13.1.11 Investments

      13.1.12 Major Companies

      13.2 Western Europe Water Heaters Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      13.3 Western Europe Water Heaters Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      13.4 Western Europe Water Heaters Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      13.5 Western Europe Water Heaters Market: Country Analysis

      13.6 UK Market

      13.7 UK Water Heaters Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      13.8 UK Water Heaters Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      13.9 UK Water Heaters Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      13.1 Germany Market

      13.11 Germany Water Heaters Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      13.12 Germany Water Heaters Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      13.13 Germany Water Heaters Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      13.14 France Market

      13.15 France Water Heaters Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      13.16 France Water Heaters Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      13.17 France Water Heaters Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      13.18 Italy Market

      13.19 Italy Water Heaters Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      13.2 Italy Water Heaters Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      13.21 Italy Water Heaters Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      13.22 Spain Market

      13.23 Spain Water Heaters Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      13.24 Spain Water Heaters Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      13.25 Spain Water Heaters Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      14 Eastern Europe Market

      14.1 Summary

      14.1.1 Market Overview

      14.1.2 Region Information

      14.1.3 Market Information

      14.1.4 Background Information

      14.1.5 Government Initiatives

      14.1.6 Regulations

      14.1.7 Regulatory Bodies

      14.1.8 Major Associations

      14.1.9 Taxes Levied

      14.1.10 Corporate Tax Structure

      14.1.11 Investments

      14.1.12 Major Companies

      14.2 Eastern Europe Water Heaters Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      14.3 Eastern Europe Water Heaters Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      14.4 Eastern Europe Water Heaters Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      14.5 Eastern Europe Water Heaters Market: Country Analysis

      14.6 Russia Market

      14.7 Russia Water Heaters Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      14.8 Russia Water Heaters Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      14.9 Russia Water Heaters Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      15 North America Market

      15.1 Summary

      15.1.1 Market Overview

      15.1.2 Region Information

      15.1.3 Market Information

      15.1.4 Background Information

      15.1.5 Government Initiatives

      15.1.6 Regulations

      15.1.7 Regulatory Bodies

      15.1.8 Major Associations

      15.1.9 Taxes Levied

      15.1.10 Corporate Tax Structure

      15.1.11 Investments

      15.1.12 Major Companies

      15.2 North America Water Heaters Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      15.3 North America Water Heaters Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      15.4 North America Water Heaters Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      15.5 North America Water Heaters Market: Country Analysis

      15.6 USA Market

      15.7 Summary

      15.7.1 Market Overview

      15.7.2 Country Information

      15.7.3 Market Information

      15.7.4 Background Information

      15.7.5 Government Initiatives

      15.7.6 Regulations

      15.7.7 Regulatory Bodies

      15.7.8 Major Associations

      15.7.9 Taxes Levied

      15.7.10 Corporate Tax Structure

      15.7.11 Investments

      15.7.12 Major Companies

      15.8 USA Water Heaters Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      15.9 USA Water Heaters Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      15.1 USA Water Heaters Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      15.11 Canada Market

      15.12 Canada Water Heaters Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      15.13 Canada Water Heaters Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      15.14 Canada Water Heaters Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      16 South America Market

      16.1 Summary

      16.1.1 Market Overview

      16.1.2 Region Information

      16.1.3 Market Information

      16.1.4 Background Information

      16.1.5 Government Initiatives

      16.1.6 Regulations

      16.1.7 Regulatory Bodies

      16.1.8 Major Associations

      16.1.9 Taxes Levied

      16.1.10 Corporate Tax Structure

      16.1.11 Investments

      16.1.12 Major Companies

      16.2 South America Water Heaters Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      16.3 South America Water Heaters Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      16.4 South America Water Heaters Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      16.5 South America Water Heaters Market: Country Analysis

      16.6 Brazil Market

      16.7 Brazil Water Heaters Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      16.8 Brazil Water Heaters Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      16.9 Brazil Water Heaters Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      17 Middle East Market

      17.1 Summary

      17.1.1 Market Overview

      17.1.2 Region Information

      17.1.3 Market Information

      17.1.4 Background Information

      17.1.5 Government Initiatives

      17.1.6 Regulations

      17.1.7 Regulatory Bodies

      17.1.8 Major Associations

      17.1.9 Taxes Levied

      17.1.10 Corporate Tax Structure

      17.1.11 Investments

      17.1.12 Major Companies

      17.2 Middle East Water Heaters Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      17.3 Middle East Water Heaters Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      17.4 Middle East Water Heaters Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      18 Africa Market

      18.1 Summary

      18.1.1 Market Overview

      18.1.2 Region Information

      18.1.3 Market Information

      18.1.4 Background Information

      18.1.5 Government Initiatives

      18.1.6 Regulations

      18.1.7 Regulatory Bodies

      18.1.8 Major Associations

      18.1.9 Taxes Levied

      18.1.10 Corporate Tax Structure

      18.1.11 Investments

      18.1.12 Major Companies

      18.2 Africa Water Heaters Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      18.3 Africa Water Heaters Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      18.4 Africa Water Heaters Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, Value ($ Million)

      19 Competitive Landscape and Company Profiles

      19.1 Company Profiles

      19.2 A. O. Smith Corporation

      19.2.1 Company Overview

      19.2.2 Products And Services

      19.2.3 Business Strategy

      19.2.4 Financial Overview

      19.3 Rinnai Corporation

      19.3.1 Company Overview

      19.3.2 Products And Services

      19.3.3 Business Strategy

      19.3.4 Financial Overview

      19.4 Vaillant Group

      19.4.1 Company Overview

      19.4.2 Products And Services

      19.4.3 Business Strategy

      19.4.4 Financial Overview

      19.5 Rheem Manufacturing Company

      19.5.1 Company Overview

      19.5.2 Products And Services

      19.5.3 Business Strategy

      19.5.4 Financial Overview

      19.6 Ariston Thermo Group

      19.6.1 Company Overview

      19.6.2 Products And Services

      19.6.3 Business Strategy

      19.6.4 Financial Overview

      20 Other Major And Innovative Companies

      20.1 Viessmann Group

      20.1.1 Company Overview

      20.1.2 Products And Services

      20.2 Haier Smart Home Co., Ltd.

      20.2.1 Company Overview

      20.2.2 Products And Services

      20.3 NORITZ Corporation

      20.3.1 Company Overview

      20.3.2 Products And Services

      20.4 Bradford White Corporation

      20.4.1 Company Overview

      20.4.2 Products And Services

      20.5 Robert Bosch GmbH

      20.5.1 Company Overview

      20.5.2 Products And Services

      20.6 Westinghouse Electric Corporation

      20.6.1 Company Overview

      20.6.2 Products And Services

      20.7 Havells India Ltd

      20.7.1 Company Overview

      20.7.2 Products And Services

      20.8 American Water Heaters

      20.8.1 Company Overview

      20.8.2 Products And Services

      20.9 Lennox International Inc.

      20.9.1 Company Overview

      20.9.2 Products And Services

      20.1 Daikin

      20.10.1 Company Overview

      20.10.2 Products And Services

      20.11 Navien, Inc.

      20.11.1 Company Overview

      20.11.2 Products And Services

      20.12 Andrewes Water Heaters (Baxi Heating)

      20.12.1 Company Overview

      20.12.2 Products And Services

      20.13 Bajaj Electricals Ltd

      20.13.1 Company Overview

      20.13.2 Products And Services

      20.14 Kenmore

      20.14.1 Company Overview

      20.14.2 Products And Services

      20.15 FERROLI S.p.A

      20.15.1 Company Overview

      20.15.2 Products And Services

      21 Competitive Benchmarking

      22 Competitive Dashboard

      23 Key Mergers And Acquisitions

      23.1 Watts Water Technologies Acquired Josam Company

      23.2 Laars Heating Systems Acquired Electro Industries Inc

      23.3 Watts Water Technologies Acquired Bradley Corp

      23.4 AqueoUS Vets Acquired Dixie Tank Company

      23.5 Nudyne Group LLC Acquired Warren Electric Corporation

      23.6 Welspun Acquired Sintex

      23.7 Enercare Acquired HydroSolution

      23.8 A. O. Smith Corporation Acquired Atlantic Filter Corporation Acquired

      23.9 Rheem Manufacturing Co Acquired Dejong from Nordian Capital

      23.1 Viessmann Group Acquired Pacifica Home Services Ltd. (PHS)

      23.11 HEH Holdings LLC Acquired Richmond Engineering Company

      23.12 Ariston Group acquired Chromagen

      23.13 A.O. Smith Acquired Giant Factories, Inc.

      23.14 Rinnai America Corporation Acquired Industrias MASS

      23.15 Bradford White Purchased Keltech, Inc. from Bradley Corporation.

      24 Opportunities And Strategies

      24.1 Global Water Heaters Market In 2028 – Countries Offering Most New Opportunities

      24.2 Global Water Heaters Market In 2028 – Segments Offering Most New Opportunities

      24.3 Global Water Heaters Market In 2028 – Growth Strategies

      24.3.1 Market Trend Based Strategies

      24.3.2 Competitor Strategies

      25 Water Heaters Market, Conclusions And Recommendations

      25.1 Conclusions

      25.2 Recommendations

      25.2.1 Product

      25.2.2 Place

      25.2.3 Price

      25.2.4 Promotion

      25.2.5 People

      26 Appendix

      26.1 Geographies Covered

      26.2 Market Data Sources

      26.3 Research Methodology

      26.4 Currencies

      26.5 The Business Research Company

      26.6 Copyright and Disclaimer

    List Of Tables

      Table 1: Global Water Heaters Market, Historic, 2018 – 2023, $ Million
    • Table 2: Global Water Heaters Market, Forecast, 2023 – 2028, 2033F, $ Million
    • Table 3: Global Water Heaters Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 4: Global Water Heaters Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 5: Global Water Heaters Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 6: Global Water Heaters Market, By Region, Historic and Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 7: Global Water Heaters Market, By Country, Historic and Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 8: Asia-Pacific GDP Per Capita, By Country, 2018-2023, $
    • Table 9:  Asia-Pacific Population, By Country, 2018-2028, Millions
    • Table 10: Asia-Pacific Water Heaters Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 11: Asia-Pacific Water Heaters Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 12: Asia-Pacific Water Heaters Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 13: China GDP Per Capita, 2018-2023, $
    • Table 14:  China Population, 2018-2028, Millions
    • Table 15: China Water Heaters Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 16: China Water Heaters Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 17: China Water Heaters Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 18: India Water Heaters Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 19: India Water Heaters Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 20: India Water Heaters Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 21: Japan Water Heaters Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 22: Japan Water Heaters Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 23: Japan Water Heaters Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 24: Australia Water Heaters Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 25: Australia Water Heaters Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 26: Australia Water Heaters Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 27: Indonesia Water Heaters Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 28: Indonesia Water Heaters Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 29: Indonesia Water Heaters Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 30: South Korea Water Heaters Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 31: South Korea Water Heaters Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 32: South Korea Water Heaters Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 33: Western Europe GDP Per Capita, By Country, 2018-2023, $
    • Table 34:  Western Europe Population, By Country, 2018-2028, Millions
    • Table 35: Western Europe Water Heaters Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 36: Western Europe Water Heaters Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 37: Western Europe Water Heaters Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 38: UK Water Heaters Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 39: UK Water Heaters Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 40: UK Water Heaters Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 41: Germany Water Heaters Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 42: Germany Water Heaters Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 43: Germany Water Heaters Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 44: France Water Heaters Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 45: France Water Heaters Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 46: France Water Heaters Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 47: Italy Water Heaters Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 48: Italy Water Heaters Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 49: Italy Water Heaters Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 50: Spain Water Heaters Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 51: Spain Water Heaters Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 52: Spain Water Heaters Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 53: Eastern Europe GDP Per Capita, By Country, 2018-2023, $
    • Table 54:  Eastern Europe Population, By Country, 2018-2028, Millions
    • Table 55: Eastern Europe Water Heaters Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 56: Eastern Europe Water Heaters Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 57: Eastern Europe Water Heaters Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 58: Russia Water Heaters Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 59: Russia Water Heaters Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 60: Russia Water Heaters Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 61: North America GDP Per Capita, By Country, 2018-2023, $
    • Table 62:  North America Population, By Country, 2018-2028, Millions
    • Table 63: North America Water Heaters Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 64: North America Water Heaters Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 65: North America Water Heaters Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 66: USA GDP Per Capita, 2018-2023, $
    • Table 67:  USA Population, 2018-2028, Millions
    • Table 68: USA Water Heaters Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 69: USA Water Heaters Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 70: USA Water Heaters Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 71: Canada Water Heaters Market, Segmentation By Category, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 72: Canada Water Heaters Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 73: Canada Water Heaters Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 74: South America GDP Per Capita, By Country, 2018-2023, $
    • Table 75:  South America Population, By Country, 2018-2028, Millions
    • Table 76: South America Water Heaters Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 77: South America Water Heaters Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 78: South America Water Heaters Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 79: Brazil Water Heaters Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 80: Brazil Water Heaters Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 81: Brazil Water Heaters Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 82: Middle East GDP Per Capita, By Country, 2018-2023, $
    • Table 83:  Middle East Population, By Country, 2018-2028, Millions
    • Table 84: Middle East Water Heaters Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 85: Middle East Water Heaters Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 86: Middle East Water Heaters Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 87: Africa GDP Per Capita, By Country, 2018-2023, $
    • Table 88:  Africa Population, By Country, 2018-2028, Millions
    • Table 89: Africa Water Heaters Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 90: Africa Water Heaters Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 91: Africa Water Heaters Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Table 92: Global Water Heaters Market, Key Competitor Estimated Market Shares, 2022, Percentage (%)
    • Table 93: A. O. Smith Corporation – Financial Overview, 2018 – 2022, $ Billion
    • Table 94: Rinnai Corporation – Financial Overview, 2018 – 2022, $ Billion
    • Table 95: Vaillant Group – Financial Overview, 2022, $Billion
    • Table 96: Rheem Manufacturing Company – Financial Overview, 2022, $Billion
    • Table 97: Ariston Thermo Group – Financial Overview, 2018 – 2022, $ Billion
    • Table 98: Water Heaters Market, Competitive Benchmarking (In USD Millions)
    • Table 99: Water Heaters Market, Competitive Dashboard
    • Table 100: Global Water Heaters Market Size Gain ($ Million), 2023 – 2028, By Country
    • Table 101: Global Water Heaters Market Size Gain ($ Million), Segmentation By Product Type, 2023 – 2028
    • Table 102: Global Water Heaters Market Size Gain ($ Million), Segmentation By Distribution Channel, 2023 – 2028
    • Table 103: Global Water Heaters Market Size Gain ($ Million), Segmentation By End User, 2023 – 2028
    • Table 104: Water Heaters Market Data Sources

    List Of Figures

      Figure 1: Global Water Heaters Market Segmentation By Product Type
    • Figure 2: Global Water Heaters Market Segmentation By Distribution Channel
    • Figure 3: Global Water Heaters Market Segmentation By End User
    • Figure 4: Global Water Heaters Market, Historic, 2018 – 2023, $ Million
    • Figure 5: Global Water Heaters Market, Forecast, 2023 – 2028, 2033F, $ Million
    • Figure 6: Global Water Heaters Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 7: Global Water Heaters Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 8: Global Water Heaters Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 9: Global Water Heaters Market, By Region, Historic and Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 10: Global Water Heaters Market, By Country, Historic and Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 11: Asia-Pacific Water Heaters Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 12: Asia-Pacific Water Heaters Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 13: Asia-Pacific Water Heaters Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 14: China Water Heaters Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 15: China Water Heaters Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 16: China Water Heaters Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 17: India Water Heaters Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 18: India Water Heaters Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 19: India Water Heaters Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 20: Japan Water Heaters Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 21: Japan Water Heaters Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 22: Japan Water Heaters Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 23: Australia Water Heaters Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 24: Australia Water Heaters Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 25: Australia Water Heaters Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 26: Indonesia Water Heaters Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 27: Indonesia Water Heaters Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 28: Indonesia Water Heaters Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 29: South Korea Water Heaters Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 30: South Korea Water Heaters Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 31: South Korea Water Heaters Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 32: Western Europe Water Heaters Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 33: Western Europe Water Heaters Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 34: Western Europe Water Heaters Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 35: UK Water Heaters Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 36: UK Water Heaters Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 37: UK Water Heaters Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 38: Germany Water Heaters Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 39: Germany Water Heaters Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 40: Germany Water Heaters Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 41: France Water Heaters Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 42: France Water Heaters Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 43: France Water Heaters Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 44: Italy Water Heaters Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 45: Italy Water Heaters Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 46: Italy Water Heaters Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 47: Spain Water Heaters Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 48: Spain Water Heaters Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 49: Spain Water Heaters Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 50: Eastern Europe Water Heaters Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 51: Eastern Europe Water Heaters Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 52: Eastern Europe Water Heaters Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 53: Russia Water Heaters Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 54: Russia Water Heaters Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 55: Russia Water Heaters Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 56: North America Water Heaters Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 57: North America Water Heaters Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 58: North America Water Heaters Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 59: USA Water Heaters Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 60: USA Water Heaters Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 61: USA Water Heaters Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 62: Canada Water Heaters Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 63: Canada Water Heaters Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 64: Canada Water Heaters Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 65: South America Water Heaters Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 66: South America Water Heaters Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 67: South America Water Heaters Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 68: Brazil Water Heaters Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 69: Brazil Water Heaters Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 70: Brazil Water Heaters Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 71: Middle East Water Heaters Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 72: Middle East Water Heaters Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 73: Middle East Water Heaters Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 74: Africa Water Heaters Market, Segmentation By Product Type, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 75: Africa Water Heaters Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 76: Africa Water Heaters Market, Segmentation By End User, Historic And Forecast, 2018 – 2023, 2028F, 2033F, $ Million
    • Figure 77: Global Water Heaters Market, Key Competitor Estimated Market Shares, 2022, Percentage (%)
    • Figure 78: A. O. Smith Corporation – Financial Overview, 2018 – 2022, $ Billion
    • Figure 79: Rinnai Corporation – Financial Overview, 2018 – 2022, $ Billion
    • Figure 80: Ariston Thermo Group – Financial Overview, 2018 – 2022, $ Billion
    • Figure 81: Geographic Regions Covered

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    The Business Research Company offers the template market research report 2022 with industry size, share, segments and market growth

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    The Business Research Company offers the food dehydrators market research report 2022 with industry size, share, segments and market growth

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    Secondary Batteries Market 2021 - By Product Type (Lead Acid, Lithium-Ion (Li-Ion), Nickel Metal Hydride) By Application (Electronics, Motor Vehicles, Portable Devices), And By Region, Opportunities And Strategies – Global Forecast To 2030

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    Water Purifiers Market 2021 - By Technology Type (Respiratory RO Water Purifier, UV Water Purifier, Gravity-Based Water Purifier), By End-User (Industrial, Commercial, Household), By Distribution Channel (Retail Stores, Direct Sales, Online), By Portability (Portable, Non-Portable), By Device Type (Wall Mounted, Countertop And Tabletop, Faucet-Mounted, Under-The-Sink), And By Region, Opportunities And Strategies – Global Forecast To 2030

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    Barbecue And Grill Market 2021 - By Product (Built-In Grills, Freestanding Grills, Portable Grills), By Application (Household, Commercial), By Fuel Type (Gas, Charcoal, Electric), And By Region, Opportunities And Strategies – Global Forecast To 2030

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    Switchgear Market - By Type Of Product (Low Voltage, Medium Voltage, High Voltage), By End User (Industrial, Utilities, Residential, Commercial, Switchgear), By Region, Opportunities And Strategies - Global Forecast To 2030

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    Analytical Laboratory Instruments Market - By Type (Elemental Analysis, Separational Analysis, Molecular Analysis), By End-User (Hospitals, Diagnostic Laboratories, Pharmaceutical, Biotechnology), And By Region, Opportunities And Strategies - Global Forecast To 2030

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    Smart Microwave Ovens Global Market Report 2024 – By Product Type (Grill Microwave Oven, Convection Microwave Oven, Microwave/Light-wave Oven, Other Product Types), By Technology (Bluetooth, Wi-Fi, NFC), By Distribution Channel (Hypermarket and Supermarket, Specialty Store, Online Store, Other Distribution Channels), By End User (Commercial, Personal) – Market Size, Trends, And Global Forecast 2024-2033

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    Coffee Machines Global Market Report 2024 – By Type (Filter Coffee Machines, Pod/Capsule Coffee Machines, Traditional Espresso Machines, Bean-to-Cup Coffee Machines), By Product (Drip Filter, Capsule, Espresso, Bean-to-Cup), By End-User (Household, Commercial) – Market Size, Trends, And Global Forecast 2024-2033

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    Cordless Vacuum Cleaners Global Market Report 2024 – By Product Type (Handheld , Canister, Upright, Stick, Other Product Types), By Distribution Channel (Offline, Online), By Application (Household, Commercial) – Market Size, Trends, And Global Forecast 2024-2033

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