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Machinery & Equipment Global Natural Gas Water Heater Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

  • RnM4659681
    • |
  • 31 December, 2025
    • |
  • Global
    • |
  • 132 Pages
    • |
  • GIR
    • |
  • Machinery & Equipment

According to our (Global Info Research) latest study, the global Natural Gas Water Heater market size was valued at US$ million in 2024 and is forecast to a readjusted size of USD million by 2031 with a CAGR of %during review period.
In this report, we will assess the current U.S. tariff framework alongside international policy adaptations, analyzing their effects on competitive market structures, regional economic dynamics, and supply chain resilience.
Natural gas is the primary fuel-source for water heaters because it is generally more cost-efficient than electricity. In fact, some utility companies offer rebates for switching from an electric-, to a gas-powered water heater. A gas burner continually heats the water in a storage tank from the bottom of the unit.
This report is a detailed and comprehensive analysis for global Natural Gas Water Heater market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Natural Gas Water Heater market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Natural Gas Water Heater market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Natural Gas Water Heater market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Natural Gas Water Heater market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Natural Gas Water Heater
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Natural Gas Water Heater market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include A.O.Smith, Haier, Rinnai, Midea, BOSCH, ARISTON, Vanward, Sakura, Guangdong Macro Co., Ltd, Sacon, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Natural Gas Water Heater market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Below 10L
10-15L
15-20L
Above 20L
Market segment by Application
Commercial
Household
Major players covered
A.O.Smith
Haier
Rinnai
Midea
BOSCH
ARISTON
Vanward
Sakura
Guangdong Macro Co., Ltd
Sacon
Rheem Manufacturing
Siemens
Bajaj Electricals
Bradford White
Crompton Greaves
ELDOMINVEST
Ferroli
Hubbell
Noritz
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Natural Gas Water Heater product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Natural Gas Water Heater, with price, sales quantity, revenue, and global market share of Natural Gas Water Heater from 2020 to 2025.
Chapter 3, the Natural Gas Water Heater competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Natural Gas Water Heater breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Natural Gas Water Heater market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Natural Gas Water Heater.
Chapter 14 and 15, to describe Natural Gas Water Heater sales channel, distributors, customers, research findings and conclusion.


1 Market Overview

  • 1.1 Product Overview and Scope
  • 1.2 Market Estimation Caveats and Base Year
  • 1.3 Market Analysis by Type
    • 1.3.1 Overview: Global Natural Gas Water Heater Consumption Value by Type: 2020 Versus 2024 Versus 2031
    • 1.3.2 Below 10L
    • 1.3.3 10-15L
    • 1.3.4 15-20L
    • 1.3.5 Above 20L
  • 1.4 Market Analysis by Application
    • 1.4.1 Overview: Global Natural Gas Water Heater Consumption Value by Application: 2020 Versus 2024 Versus 2031
    • 1.4.2 Commercial
    • 1.4.3 Household
  • 1.5 Global Natural Gas Water Heater Market Size & Forecast
    • 1.5.1 Global Natural Gas Water Heater Consumption Value (2020 & 2024 & 2031)
    • 1.5.2 Global Natural Gas Water Heater Sales Quantity (2020-2031)
    • 1.5.3 Global Natural Gas Water Heater Average Price (2020-2031)

2 Manufacturers Profiles

  • 2.1 A.O.Smith
    • 2.1.1 A.O.Smith Details
    • 2.1.2 A.O.Smith Major Business
    • 2.1.3 A.O.Smith Natural Gas Water Heater Product and Services
    • 2.1.4 A.O.Smith Natural Gas Water Heater Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.1.5 A.O.Smith Recent Developments/Updates
  • 2.2 Haier
    • 2.2.1 Haier Details
    • 2.2.2 Haier Major Business
    • 2.2.3 Haier Natural Gas Water Heater Product and Services
    • 2.2.4 Haier Natural Gas Water Heater Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.2.5 Haier Recent Developments/Updates
  • 2.3 Rinnai
    • 2.3.1 Rinnai Details
    • 2.3.2 Rinnai Major Business
    • 2.3.3 Rinnai Natural Gas Water Heater Product and Services
    • 2.3.4 Rinnai Natural Gas Water Heater Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.3.5 Rinnai Recent Developments/Updates
  • 2.4 Midea
    • 2.4.1 Midea Details
    • 2.4.2 Midea Major Business
    • 2.4.3 Midea Natural Gas Water Heater Product and Services
    • 2.4.4 Midea Natural Gas Water Heater Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.4.5 Midea Recent Developments/Updates
  • 2.5 BOSCH
    • 2.5.1 BOSCH Details
    • 2.5.2 BOSCH Major Business
    • 2.5.3 BOSCH Natural Gas Water Heater Product and Services
    • 2.5.4 BOSCH Natural Gas Water Heater Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.5.5 BOSCH Recent Developments/Updates
  • 2.6 ARISTON
    • 2.6.1 ARISTON Details
    • 2.6.2 ARISTON Major Business
    • 2.6.3 ARISTON Natural Gas Water Heater Product and Services
    • 2.6.4 ARISTON Natural Gas Water Heater Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.6.5 ARISTON Recent Developments/Updates
  • 2.7 Vanward
    • 2.7.1 Vanward Details
    • 2.7.2 Vanward Major Business
    • 2.7.3 Vanward Natural Gas Water Heater Product and Services
    • 2.7.4 Vanward Natural Gas Water Heater Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.7.5 Vanward Recent Developments/Updates
  • 2.8 Sakura
    • 2.8.1 Sakura Details
    • 2.8.2 Sakura Major Business
    • 2.8.3 Sakura Natural Gas Water Heater Product and Services
    • 2.8.4 Sakura Natural Gas Water Heater Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.8.5 Sakura Recent Developments/Updates
  • 2.9 Guangdong Macro Co., Ltd
    • 2.9.1 Guangdong Macro Co., Ltd Details
    • 2.9.2 Guangdong Macro Co., Ltd Major Business
    • 2.9.3 Guangdong Macro Co., Ltd Natural Gas Water Heater Product and Services
    • 2.9.4 Guangdong Macro Co., Ltd Natural Gas Water Heater Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.9.5 Guangdong Macro Co., Ltd Recent Developments/Updates
  • 2.10 Sacon
    • 2.10.1 Sacon Details
    • 2.10.2 Sacon Major Business
    • 2.10.3 Sacon Natural Gas Water Heater Product and Services
    • 2.10.4 Sacon Natural Gas Water Heater Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.10.5 Sacon Recent Developments/Updates
  • 2.11 Rheem Manufacturing
    • 2.11.1 Rheem Manufacturing Details
    • 2.11.2 Rheem Manufacturing Major Business
    • 2.11.3 Rheem Manufacturing Natural Gas Water Heater Product and Services
    • 2.11.4 Rheem Manufacturing Natural Gas Water Heater Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.11.5 Rheem Manufacturing Recent Developments/Updates
  • 2.12 Siemens
    • 2.12.1 Siemens Details
    • 2.12.2 Siemens Major Business
    • 2.12.3 Siemens Natural Gas Water Heater Product and Services
    • 2.12.4 Siemens Natural Gas Water Heater Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.12.5 Siemens Recent Developments/Updates
  • 2.13 Bajaj Electricals
    • 2.13.1 Bajaj Electricals Details
    • 2.13.2 Bajaj Electricals Major Business
    • 2.13.3 Bajaj Electricals Natural Gas Water Heater Product and Services
    • 2.13.4 Bajaj Electricals Natural Gas Water Heater Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.13.5 Bajaj Electricals Recent Developments/Updates
  • 2.14 Bradford White
    • 2.14.1 Bradford White Details
    • 2.14.2 Bradford White Major Business
    • 2.14.3 Bradford White Natural Gas Water Heater Product and Services
    • 2.14.4 Bradford White Natural Gas Water Heater Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.14.5 Bradford White Recent Developments/Updates
  • 2.15 Crompton Greaves
    • 2.15.1 Crompton Greaves Details
    • 2.15.2 Crompton Greaves Major Business
    • 2.15.3 Crompton Greaves Natural Gas Water Heater Product and Services
    • 2.15.4 Crompton Greaves Natural Gas Water Heater Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.15.5 Crompton Greaves Recent Developments/Updates
  • 2.16 ELDOMINVEST
    • 2.16.1 ELDOMINVEST Details
    • 2.16.2 ELDOMINVEST Major Business
    • 2.16.3 ELDOMINVEST Natural Gas Water Heater Product and Services
    • 2.16.4 ELDOMINVEST Natural Gas Water Heater Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.16.5 ELDOMINVEST Recent Developments/Updates
  • 2.17 Ferroli
    • 2.17.1 Ferroli Details
    • 2.17.2 Ferroli Major Business
    • 2.17.3 Ferroli Natural Gas Water Heater Product and Services
    • 2.17.4 Ferroli Natural Gas Water Heater Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.17.5 Ferroli Recent Developments/Updates
  • 2.18 Hubbell
    • 2.18.1 Hubbell Details
    • 2.18.2 Hubbell Major Business
    • 2.18.3 Hubbell Natural Gas Water Heater Product and Services
    • 2.18.4 Hubbell Natural Gas Water Heater Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.18.5 Hubbell Recent Developments/Updates
  • 2.19 Noritz
    • 2.19.1 Noritz Details
    • 2.19.2 Noritz Major Business
    • 2.19.3 Noritz Natural Gas Water Heater Product and Services
    • 2.19.4 Noritz Natural Gas Water Heater Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.19.5 Noritz Recent Developments/Updates

3 Competitive Environment: Natural Gas Water Heater by Manufacturer

  • 3.1 Global Natural Gas Water Heater Sales Quantity by Manufacturer (2020-2025)
  • 3.2 Global Natural Gas Water Heater Revenue by Manufacturer (2020-2025)
  • 3.3 Global Natural Gas Water Heater Average Price by Manufacturer (2020-2025)
  • 3.4 Market Share Analysis (2024)
    • 3.4.1 Producer Shipments of Natural Gas Water Heater by Manufacturer Revenue ($MM) and Market Share (%): 2024
    • 3.4.2 Top 3 Natural Gas Water Heater Manufacturer Market Share in 2024
    • 3.4.3 Top 6 Natural Gas Water Heater Manufacturer Market Share in 2024
  • 3.5 Natural Gas Water Heater Market: Overall Company Footprint Analysis
    • 3.5.1 Natural Gas Water Heater Market: Region Footprint
    • 3.5.2 Natural Gas Water Heater Market: Company Product Type Footprint
    • 3.5.3 Natural Gas Water Heater Market: Company Product Application Footprint
  • 3.6 New Market Entrants and Barriers to Market Entry
  • 3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region

  • 4.1 Global Natural Gas Water Heater Market Size by Region
    • 4.1.1 Global Natural Gas Water Heater Sales Quantity by Region (2020-2031)
    • 4.1.2 Global Natural Gas Water Heater Consumption Value by Region (2020-2031)
    • 4.1.3 Global Natural Gas Water Heater Average Price by Region (2020-2031)
  • 4.2 North America Natural Gas Water Heater Consumption Value (2020-2031)
  • 4.3 Europe Natural Gas Water Heater Consumption Value (2020-2031)
  • 4.4 Asia-Pacific Natural Gas Water Heater Consumption Value (2020-2031)
  • 4.5 South America Natural Gas Water Heater Consumption Value (2020-2031)
  • 4.6 Middle East & Africa Natural Gas Water Heater Consumption Value (2020-2031)

5 Market Segment by Type

  • 5.1 Global Natural Gas Water Heater Sales Quantity by Type (2020-2031)
  • 5.2 Global Natural Gas Water Heater Consumption Value by Type (2020-2031)
  • 5.3 Global Natural Gas Water Heater Average Price by Type (2020-2031)

6 Market Segment by Application

  • 6.1 Global Natural Gas Water Heater Sales Quantity by Application (2020-2031)
  • 6.2 Global Natural Gas Water Heater Consumption Value by Application (2020-2031)
  • 6.3 Global Natural Gas Water Heater Average Price by Application (2020-2031)

7 North America

  • 7.1 North America Natural Gas Water Heater Sales Quantity by Type (2020-2031)
  • 7.2 North America Natural Gas Water Heater Sales Quantity by Application (2020-2031)
  • 7.3 North America Natural Gas Water Heater Market Size by Country
    • 7.3.1 North America Natural Gas Water Heater Sales Quantity by Country (2020-2031)
    • 7.3.2 North America Natural Gas Water Heater Consumption Value by Country (2020-2031)
    • 7.3.3 United States Market Size and Forecast (2020-2031)
    • 7.3.4 Canada Market Size and Forecast (2020-2031)
    • 7.3.5 Mexico Market Size and Forecast (2020-2031)

8 Europe

  • 8.1 Europe Natural Gas Water Heater Sales Quantity by Type (2020-2031)
  • 8.2 Europe Natural Gas Water Heater Sales Quantity by Application (2020-2031)
  • 8.3 Europe Natural Gas Water Heater Market Size by Country
    • 8.3.1 Europe Natural Gas Water Heater Sales Quantity by Country (2020-2031)
    • 8.3.2 Europe Natural Gas Water Heater Consumption Value by Country (2020-2031)
    • 8.3.3 Germany Market Size and Forecast (2020-2031)
    • 8.3.4 France Market Size and Forecast (2020-2031)
    • 8.3.5 United Kingdom Market Size and Forecast (2020-2031)
    • 8.3.6 Russia Market Size and Forecast (2020-2031)
    • 8.3.7 Italy Market Size and Forecast (2020-2031)

9 Asia-Pacific

  • 9.1 Asia-Pacific Natural Gas Water Heater Sales Quantity by Type (2020-2031)
  • 9.2 Asia-Pacific Natural Gas Water Heater Sales Quantity by Application (2020-2031)
  • 9.3 Asia-Pacific Natural Gas Water Heater Market Size by Region
    • 9.3.1 Asia-Pacific Natural Gas Water Heater Sales Quantity by Region (2020-2031)
    • 9.3.2 Asia-Pacific Natural Gas Water Heater Consumption Value by Region (2020-2031)
    • 9.3.3 China Market Size and Forecast (2020-2031)
    • 9.3.4 Japan Market Size and Forecast (2020-2031)
    • 9.3.5 South Korea Market Size and Forecast (2020-2031)
    • 9.3.6 India Market Size and Forecast (2020-2031)
    • 9.3.7 Southeast Asia Market Size and Forecast (2020-2031)
    • 9.3.8 Australia Market Size and Forecast (2020-2031)

10 South America

  • 10.1 South America Natural Gas Water Heater Sales Quantity by Type (2020-2031)
  • 10.2 South America Natural Gas Water Heater Sales Quantity by Application (2020-2031)
  • 10.3 South America Natural Gas Water Heater Market Size by Country
    • 10.3.1 South America Natural Gas Water Heater Sales Quantity by Country (2020-2031)
    • 10.3.2 South America Natural Gas Water Heater Consumption Value by Country (2020-2031)
    • 10.3.3 Brazil Market Size and Forecast (2020-2031)
    • 10.3.4 Argentina Market Size and Forecast (2020-2031)

11 Middle East & Africa

  • 11.1 Middle East & Africa Natural Gas Water Heater Sales Quantity by Type (2020-2031)
  • 11.2 Middle East & Africa Natural Gas Water Heater Sales Quantity by Application (2020-2031)
  • 11.3 Middle East & Africa Natural Gas Water Heater Market Size by Country
    • 11.3.1 Middle East & Africa Natural Gas Water Heater Sales Quantity by Country (2020-2031)
    • 11.3.2 Middle East & Africa Natural Gas Water Heater Consumption Value by Country (2020-2031)
    • 11.3.3 Turkey Market Size and Forecast (2020-2031)
    • 11.3.4 Egypt Market Size and Forecast (2020-2031)
    • 11.3.5 Saudi Arabia Market Size and Forecast (2020-2031)
    • 11.3.6 South Africa Market Size and Forecast (2020-2031)

12 Market Dynamics

  • 12.1 Natural Gas Water Heater Market Drivers
  • 12.2 Natural Gas Water Heater Market Restraints
  • 12.3 Natural Gas Water Heater Trends Analysis
  • 12.4 Porters Five Forces Analysis
    • 12.4.1 Threat of New Entrants
    • 12.4.2 Bargaining Power of Suppliers
    • 12.4.3 Bargaining Power of Buyers
    • 12.4.4 Threat of Substitutes
    • 12.4.5 Competitive Rivalry

13 Raw Material and Industry Chain

  • 13.1 Raw Material of Natural Gas Water Heater and Key Manufacturers
  • 13.2 Manufacturing Costs Percentage of Natural Gas Water Heater
  • 13.3 Natural Gas Water Heater Production Process
  • 13.4 Industry Value Chain Analysis

14 Shipments by Distribution Channel

  • 14.1 Sales Channel
    • 14.1.1 Direct to End-User
    • 14.1.2 Distributors
  • 14.2 Natural Gas Water Heater Typical Distributors
  • 14.3 Natural Gas Water Heater Typical Customers

15 Research Findings and Conclusion

    16 Appendix

    • 16.1 Methodology
    • 16.2 Research Process and Data Source

    Summary:
    Get latest Market Research Reports on Natural Gas Water Heater. Industry analysis & Market Report on Natural Gas Water Heater is a syndicated market report, published as Global Natural Gas Water Heater Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031. It is complete Research Study and Industry Analysis of Natural Gas Water Heater market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.

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