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Middle East Water Heater Market Share

Report ID: GMI2483
Published Date: Oct 2023
Report Format: PDF

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Middle East Water Heater Market Share

Eminent players operating in the Middle East water heater industry include:

A. O. Smith
Bradford White Corporation
Bosch Thermotechnology Corp.
Rheem Manufacturing Company
State Water Heaters
Rinnai Corporation
Saudi Ceramics Company
Ariston Holding N.V.
Jaquar Middle East
Haier Inc.
Viessmann Group
Vaillant
Al Huraiz
Orbital Horizon
Butane
Powrmatic Ltd.

Authors: Ankit Gupta, Sristhi Agrawal

Frequently Asked Questions (FAQ) :

Middle East Water Heater Market was valued at USD 1.75 billion in 2023 and is set to witness 5.7% CAGR between 2024 and 2032.

Middle East storage water heaters market size is expected to cross USD 2.4 billion by 2032, owing to benefits, such as minimized cost, high-energy savings, easy installation, quick & simple maintenance and water storage for longer duration.

Demand for commercial water heaters in the Middle East may reach USD 0.9 billion by 2032, driven by the surging development of green building codes and smart city programs.

UAE water heater market size is set to witness more than 4.5% CAGR from 2023 to 2032, propelled by the introduction of mandates and strategies by major economies in line with development of modernized water heating technologies.