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Machinery & Equipment Global Residential Water Heaters Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

  • RnM4528205
    • |
  • 12 April, 2023
    • |
  • Global
    • |
  • 113 Pages
    • |
  • GIR (Global Info Research)
    • |
  • Machinery & Equipment

Residential water heaters primarily provide hot water for direct use (e.g., in showers and faucets) and for appliances such as dishwashers and clothes washers. There are several types of residential water heaters described below. The most common water heaters in single-family homes are storage tank type water heaters or tankless water heaters.
Storage water heaters use gas (natural gas or propane), electricity or oil to heat and store water at a thermostatically controlled temperature (less than 180⁰ F) for delivery on demand. Federal appliance efficiency standards differentiate storage water heaters based on whether the rated storage volume is greater than 55 gallons or less than or equal to 55 gallons.
Tankless heat water using natural gas, electricity, or propane. These units do not have a tank for storing heated water but instead use a sensor that detects the flow of water over the heat exchanger that initiates the heating element (typical volumes around 0.5 gallons). Instantaneous units are capable of delivering water at a controlled temperature of less than 180⁰F.
According to our (Global Info Research) latest study, the global Residential Water Heaters market size was valued at USD 993.6 million in 2022 and is forecast to a readjusted size of USD 1315.2 million by 2029 with a CAGR of 4.1% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
In Latin America market, key players of Residential Water Heaters include AO Smith, Rinnai, Midea, Rheem, Calorex (Ariston Thermo), etc. Top five players hold a share approximately 45%. In terms of product, the Storage Tank Type holds a share of over 50%. And in terms of application, the largest application is Gas Water Heater, with a share of over 50%.
This report is a detailed and comprehensive analysis for global Residential Water Heaters 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 2023, are provided.
Key Features:
Global Residential Water Heaters market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2018-2029
Global Residential Water Heaters market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2018-2029
Global Residential Water Heaters market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2018-2029
Global Residential Water Heaters market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2018-2023
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 Residential Water Heaters
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 Residential Water Heaters market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include AO Smith, Rinnai, Midea, Rheem and Calorex (Ariston Thermo), etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market Segmentation
Residential Water Heaters market is split by Type and by Application. For the period 2018-2029, 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
Storage Tank Type
Tankless Type
Market segment by Application
Gas Water Heater
Electric Water Heater
Others
Major players covered
AO Smith
Rinnai
Midea
Rheem
Calorex (Ariston Thermo)
Whirlpool
Stiebel Eltron
Noritz
Zhejiang Jiadele Technology Co
Bosch
GREE
Bradford White
EcoSmart
Vanward
Haier
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 Residential Water Heaters product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Residential Water Heaters, with price, sales, revenue and global market share of Residential Water Heaters from 2018 to 2023.
Chapter 3, the Residential Water Heaters competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Residential Water Heaters breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
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 2017 to 2022.and Residential Water Heaters market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Residential Water Heaters.
Chapter 14 and 15, to describe Residential Water Heaters sales channel, distributors, customers, research findings and conclusion.


1 Market Overview

  • 1.1 Product Overview and Scope of Residential Water Heaters
  • 1.2 Market Estimation Caveats and Base Year
  • 1.3 Market Analysis by Type
    • 1.3.1 Overview: Global Residential Water Heaters Consumption Value by Type: 2018 Versus 2022 Versus 2029
    • 1.3.2 Storage Tank Type
    • 1.3.3 Tankless Type
  • 1.4 Market Analysis by Application
    • 1.4.1 Overview: Global Residential Water Heaters Consumption Value by Application: 2018 Versus 2022 Versus 2029
    • 1.4.2 Gas Water Heater
    • 1.4.3 Electric Water Heater
    • 1.4.4 Others
  • 1.5 Global Residential Water Heaters Market Size & Forecast
    • 1.5.1 Global Residential Water Heaters Consumption Value (2018 & 2022 & 2029)
    • 1.5.2 Global Residential Water Heaters Sales Quantity (2018-2029)
    • 1.5.3 Global Residential Water Heaters Average Price (2018-2029)

2 Manufacturers Profiles

  • 2.1 AO Smith
    • 2.1.1 AO Smith Details
    • 2.1.2 AO Smith Major Business
    • 2.1.3 AO Smith Residential Water Heaters Product and Services
    • 2.1.4 AO Smith Residential Water Heaters Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.1.5 AO Smith Recent Developments/Updates
  • 2.2 Rinnai
    • 2.2.1 Rinnai Details
    • 2.2.2 Rinnai Major Business
    • 2.2.3 Rinnai Residential Water Heaters Product and Services
    • 2.2.4 Rinnai Residential Water Heaters Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.2.5 Rinnai Recent Developments/Updates
  • 2.3 Midea
    • 2.3.1 Midea Details
    • 2.3.2 Midea Major Business
    • 2.3.3 Midea Residential Water Heaters Product and Services
    • 2.3.4 Midea Residential Water Heaters Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.3.5 Midea Recent Developments/Updates
  • 2.4 Rheem
    • 2.4.1 Rheem Details
    • 2.4.2 Rheem Major Business
    • 2.4.3 Rheem Residential Water Heaters Product and Services
    • 2.4.4 Rheem Residential Water Heaters Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.4.5 Rheem Recent Developments/Updates
  • 2.5 Calorex (Ariston Thermo)
    • 2.5.1 Calorex (Ariston Thermo) Details
    • 2.5.2 Calorex (Ariston Thermo) Major Business
    • 2.5.3 Calorex (Ariston Thermo) Residential Water Heaters Product and Services
    • 2.5.4 Calorex (Ariston Thermo) Residential Water Heaters Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.5.5 Calorex (Ariston Thermo) Recent Developments/Updates
  • 2.6 Whirlpool
    • 2.6.1 Whirlpool Details
    • 2.6.2 Whirlpool Major Business
    • 2.6.3 Whirlpool Residential Water Heaters Product and Services
    • 2.6.4 Whirlpool Residential Water Heaters Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.6.5 Whirlpool Recent Developments/Updates
  • 2.7 Stiebel Eltron
    • 2.7.1 Stiebel Eltron Details
    • 2.7.2 Stiebel Eltron Major Business
    • 2.7.3 Stiebel Eltron Residential Water Heaters Product and Services
    • 2.7.4 Stiebel Eltron Residential Water Heaters Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.7.5 Stiebel Eltron Recent Developments/Updates
  • 2.8 Noritz
    • 2.8.1 Noritz Details
    • 2.8.2 Noritz Major Business
    • 2.8.3 Noritz Residential Water Heaters Product and Services
    • 2.8.4 Noritz Residential Water Heaters Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.8.5 Noritz Recent Developments/Updates
  • 2.9 Zhejiang Jiadele Technology Co
    • 2.9.1 Zhejiang Jiadele Technology Co Details
    • 2.9.2 Zhejiang Jiadele Technology Co Major Business
    • 2.9.3 Zhejiang Jiadele Technology Co Residential Water Heaters Product and Services
    • 2.9.4 Zhejiang Jiadele Technology Co Residential Water Heaters Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.9.5 Zhejiang Jiadele Technology Co Recent Developments/Updates
  • 2.10 Bosch
    • 2.10.1 Bosch Details
    • 2.10.2 Bosch Major Business
    • 2.10.3 Bosch Residential Water Heaters Product and Services
    • 2.10.4 Bosch Residential Water Heaters Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.10.5 Bosch Recent Developments/Updates
  • 2.11 GREE
    • 2.11.1 GREE Details
    • 2.11.2 GREE Major Business
    • 2.11.3 GREE Residential Water Heaters Product and Services
    • 2.11.4 GREE Residential Water Heaters Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.11.5 GREE Recent Developments/Updates
  • 2.12 Bradford White
    • 2.12.1 Bradford White Details
    • 2.12.2 Bradford White Major Business
    • 2.12.3 Bradford White Residential Water Heaters Product and Services
    • 2.12.4 Bradford White Residential Water Heaters Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.12.5 Bradford White Recent Developments/Updates
  • 2.13 EcoSmart
    • 2.13.1 EcoSmart Details
    • 2.13.2 EcoSmart Major Business
    • 2.13.3 EcoSmart Residential Water Heaters Product and Services
    • 2.13.4 EcoSmart Residential Water Heaters Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.13.5 EcoSmart Recent Developments/Updates
  • 2.14 Vanward
    • 2.14.1 Vanward Details
    • 2.14.2 Vanward Major Business
    • 2.14.3 Vanward Residential Water Heaters Product and Services
    • 2.14.4 Vanward Residential Water Heaters Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.14.5 Vanward Recent Developments/Updates
  • 2.15 Haier
    • 2.15.1 Haier Details
    • 2.15.2 Haier Major Business
    • 2.15.3 Haier Residential Water Heaters Product and Services
    • 2.15.4 Haier Residential Water Heaters Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.15.5 Haier Recent Developments/Updates

3 Competitive Environment: Residential Water Heaters by Manufacturer

  • 3.1 Global Residential Water Heaters Sales Quantity by Manufacturer (2018-2023)
  • 3.2 Global Residential Water Heaters Revenue by Manufacturer (2018-2023)
  • 3.3 Global Residential Water Heaters Average Price by Manufacturer (2018-2023)
  • 3.4 Market Share Analysis (2022)
    • 3.4.1 Producer Shipments of Residential Water Heaters by Manufacturer Revenue ($MM) and Market Share (%): 2022
    • 3.4.2 Top 3 Residential Water Heaters Manufacturer Market Share in 2022
    • 3.4.2 Top 6 Residential Water Heaters Manufacturer Market Share in 2022
  • 3.5 Residential Water Heaters Market: Overall Company Footprint Analysis
    • 3.5.1 Residential Water Heaters Market: Region Footprint
    • 3.5.2 Residential Water Heaters Market: Company Product Type Footprint
    • 3.5.3 Residential Water Heaters 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 Residential Water Heaters Market Size by Region
    • 4.1.1 Global Residential Water Heaters Sales Quantity by Region (2018-2029)
    • 4.1.2 Global Residential Water Heaters Consumption Value by Region (2018-2029)
    • 4.1.3 Global Residential Water Heaters Average Price by Region (2018-2029)
  • 4.2 North America Residential Water Heaters Consumption Value (2018-2029)
  • 4.3 Europe Residential Water Heaters Consumption Value (2018-2029)
  • 4.4 Asia-Pacific Residential Water Heaters Consumption Value (2018-2029)
  • 4.5 South America Residential Water Heaters Consumption Value (2018-2029)
  • 4.6 Middle East and Africa Residential Water Heaters Consumption Value (2018-2029)

5 Market Segment by Type

  • 5.1 Global Residential Water Heaters Sales Quantity by Type (2018-2029)
  • 5.2 Global Residential Water Heaters Consumption Value by Type (2018-2029)
  • 5.3 Global Residential Water Heaters Average Price by Type (2018-2029)

6 Market Segment by Application

  • 6.1 Global Residential Water Heaters Sales Quantity by Application (2018-2029)
  • 6.2 Global Residential Water Heaters Consumption Value by Application (2018-2029)
  • 6.3 Global Residential Water Heaters Average Price by Application (2018-2029)

7 North America

  • 7.1 North America Residential Water Heaters Sales Quantity by Type (2018-2029)
  • 7.2 North America Residential Water Heaters Sales Quantity by Application (2018-2029)
  • 7.3 North America Residential Water Heaters Market Size by Country
    • 7.3.1 North America Residential Water Heaters Sales Quantity by Country (2018-2029)
    • 7.3.2 North America Residential Water Heaters Consumption Value by Country (2018-2029)
    • 7.3.3 United States Market Size and Forecast (2018-2029)
    • 7.3.4 Canada Market Size and Forecast (2018-2029)
    • 7.3.5 Mexico Market Size and Forecast (2018-2029)

8 Europe

  • 8.1 Europe Residential Water Heaters Sales Quantity by Type (2018-2029)
  • 8.2 Europe Residential Water Heaters Sales Quantity by Application (2018-2029)
  • 8.3 Europe Residential Water Heaters Market Size by Country
    • 8.3.1 Europe Residential Water Heaters Sales Quantity by Country (2018-2029)
    • 8.3.2 Europe Residential Water Heaters Consumption Value by Country (2018-2029)
    • 8.3.3 Germany Market Size and Forecast (2018-2029)
    • 8.3.4 France Market Size and Forecast (2018-2029)
    • 8.3.5 United Kingdom Market Size and Forecast (2018-2029)
    • 8.3.6 Russia Market Size and Forecast (2018-2029)
    • 8.3.7 Italy Market Size and Forecast (2018-2029)

9 Asia-Pacific

  • 9.1 Asia-Pacific Residential Water Heaters Sales Quantity by Type (2018-2029)
  • 9.2 Asia-Pacific Residential Water Heaters Sales Quantity by Application (2018-2029)
  • 9.3 Asia-Pacific Residential Water Heaters Market Size by Region
    • 9.3.1 Asia-Pacific Residential Water Heaters Sales Quantity by Region (2018-2029)
    • 9.3.2 Asia-Pacific Residential Water Heaters Consumption Value by Region (2018-2029)
    • 9.3.3 China Market Size and Forecast (2018-2029)
    • 9.3.4 Japan Market Size and Forecast (2018-2029)
    • 9.3.5 Korea Market Size and Forecast (2018-2029)
    • 9.3.6 India Market Size and Forecast (2018-2029)
    • 9.3.7 Southeast Asia Market Size and Forecast (2018-2029)
    • 9.3.8 Australia Market Size and Forecast (2018-2029)

10 South America

  • 10.1 South America Residential Water Heaters Sales Quantity by Type (2018-2029)
  • 10.2 South America Residential Water Heaters Sales Quantity by Application (2018-2029)
  • 10.3 South America Residential Water Heaters Market Size by Country
    • 10.3.1 South America Residential Water Heaters Sales Quantity by Country (2018-2029)
    • 10.3.2 South America Residential Water Heaters Consumption Value by Country (2018-2029)
    • 10.3.3 Brazil Market Size and Forecast (2018-2029)
    • 10.3.4 Argentina Market Size and Forecast (2018-2029)

11 Middle East & Africa

  • 11.1 Middle East & Africa Residential Water Heaters Sales Quantity by Type (2018-2029)
  • 11.2 Middle East & Africa Residential Water Heaters Sales Quantity by Application (2018-2029)
  • 11.3 Middle East & Africa Residential Water Heaters Market Size by Country
    • 11.3.1 Middle East & Africa Residential Water Heaters Sales Quantity by Country (2018-2029)
    • 11.3.2 Middle East & Africa Residential Water Heaters Consumption Value by Country (2018-2029)
    • 11.3.3 Turkey Market Size and Forecast (2018-2029)
    • 11.3.4 Egypt Market Size and Forecast (2018-2029)
    • 11.3.5 Saudi Arabia Market Size and Forecast (2018-2029)
    • 11.3.6 South Africa Market Size and Forecast (2018-2029)

12 Market Dynamics

  • 12.1 Residential Water Heaters Market Drivers
  • 12.2 Residential Water Heaters Market Restraints
  • 12.3 Residential Water Heaters 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
  • 12.5 Influence of COVID-19 and Russia-Ukraine War
    • 12.5.1 Influence of COVID-19
    • 12.5.2 Influence of Russia-Ukraine War

13 Raw Material and Industry Chain

  • 13.1 Raw Material of Residential Water Heaters and Key Manufacturers
  • 13.2 Manufacturing Costs Percentage of Residential Water Heaters
  • 13.3 Residential Water Heaters Production Process
  • 13.4 Residential Water Heaters Industrial Chain

14 Shipments by Distribution Channel

  • 14.1 Sales Channel
    • 14.1.1 Direct to End-User
    • 14.1.2 Distributors
  • 14.2 Residential Water Heaters Typical Distributors
  • 14.3 Residential Water Heaters 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 Residential Water Heaters. Industry analysis & Market Report on Residential Water Heaters is a syndicated market report, published as Global Residential Water Heaters Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029. It is complete Research Study and Industry Analysis of Residential Water Heaters market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.

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