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Asia Pacific Water Heater Market Share

Report ID: GMI3139
Published Date: Oct 2023
Report Format: PDF

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Asia Pacific Water Heater Market Share

Eminent players operating in the Asia Pacific water heater industry are:

Havells India Ltd.
A.O. Smith
Ariston Holding N.V.
Bosch Industriekessel GmbH
Bradford White Corporation
GE Appliances
Haier Inc
Racold
Rheem Manufacturing Company
Rinnai Corporation
State Industries
FERROLI p.A
Hubbell Heaters
LINUO RITTER INTERNATIONAL CO. LTD.
Jaquar India
Viessmann Climate Solutions SE
Vaillant
STIEBEL ELTRON GmbH & Co. KG (DE)
Bajaj Electricals Ltd
AQUAMAX AUSTRALIA PTY. LIMITED
DEKA MARKETING SDN BHD
JOVEN Electric Co. Sdn. Bhd.
Alpha Electric

Authors: Ankit Gupta, Srishti Agarwal

Frequently Asked Questions (FAQ) :

The market size of water heater in Asia Pacific was worth more than USD 11.6 billion in 2023 and is anticipated to surpass USD 19.67 billion by 2032.

The instant water heater segment will be worth USD 5.8 billion by 2032, owing to ongoing investments across public & private sectors for developing green building infrastructure along with growing population and urbanization across the region.

Japan water heater industry will grow at a 6.5% CAGR through 2032, owing to the robust expansion of manufacturing facilities across the country combined with the shift towards the adoption of sustainable heating solutions.

Havells India Ltd., A.O. Smith, Ariston Holding N.V., Bosch Industriekessel GmbH, Bradford White Corporation, GE Appliances, Haier Inc, Racold, Rheem Manufacturing Company, Rinnai Corporation, State Industries, and FERROLI p.A, among others.