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Residential Water Heater Market Share

Report ID: GMI4667
Published Date: Jun 2023
Report Format: PDF

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Residential Water Heater Market Share

Major players operating in the competitive business landscape include :

A. O. Smith India Water Products Pvt. Ltd.
Ariston Holding N.V.
Bosch Thermotechnology Corp.
Bradford White Corporation
USA
GE Appliances
Haier Inc.
Racold
Rheem Manufacturing Company
State Industries, Rinnai America Corporation
Ferroli S.p.A
Lennox International Inc.
Havells India Ltd.
Westinghouse Electric Corporation
American Standard Water Heaters
Vaillant
NORITZ Corporation

Authors: Ankit Gupta, Srishti Agarwal

Frequently Asked Questions (FAQ) :

The market size of residential water heater crossed a valuation of USD 24.35 billion in 2023 and is likely to register 4.8% CAGR from 2024 to 2032, owing to the surging demand for energy-efficient heating appliances coupled with increased use of smart home equipment.

100-250 liters residential water heater industry is poised to attain 4.6% gains during 2023-2032 owing to advantages such as ease of maintenance and repair, and affordable installation expenses.

Asia Pacific industry is set to showcase 5.1% growth rate till 2032 due to rising deployment in households for multiple applications such as cleaning, cooking, and personal hygiene among others.

Some of the key residential water heater industry players include A. O. Smith India Water Products Pvt. Ltd., Ariston Holding N.V., Bosch Thermotechnology Corp., Bradford White Corporation, USA, GE Appliances, Haier Inc., Racold, Rheem Manufacturing Company, and State Industries