Introduction
Water Heater Market was valued at USD X.X Billion in 2018 and is projected to reach USD X.X billion by 2025, at a CAGR of X.X % from 2019-2025. A water heater, also known as geyser, is a heating device that uses energy from various external sources and transfers it to heat the water. Water heater comes in various types such as gas-based water heater, instant water heaters, storage water heaters, and solar water heater.
The growth of the global water heater market is driven by factors such as inclination of consumer toward the adoption of energy efficient systems, favorable government subsidies that encourage the use of solar water heaters, surge in number of hospitals and hotels, and increase in population and improved infrastructure in rural areas.
Geographical Overview
At a global level, North America region was holding the highest market share in 2018. Whereas, Asia Pacific region is considered as the fastest growing region with key players adopting expansion strategy in this region to gain maximum market share in the coming years. The global Water Heater market is highly competitive in the region. The residential segment dominated the global water heater market in 2017, accounting for around 46% of the overall revenue. This was due to rapid urbanization, rise in income level of the consumers, and innovative marketing strategies implemented by the leading manufacturers. Furthermore, this segment is expected to grow at the highest rate during the forecast period.
Segmental Overview
Water Heater Market is segmented as per below specifications -
By Product Type:
• Gas
• Instant
• Storage
• Solar
By Consumption:
• Commercial
• Residential
• Industrial
By Distribution Channel:
• Supermarket/Hypermarket
• Specialty Stores
• E-Commerce
• Others (Wholesalers, distributors)
Competitor Analysis
Water Heater Market has presence of some of the key major players across globe which includes
• A. O. Smith Corporation
• Ariston Thermo Spa
• Bajaj Electricals Limited
• Bradford White Corporation
• Haier Electronics Group Co. Ltd
• Noritz Corp
• Rheem Manufacturing Company
• Rinnai Corporation
• Robert Bosch Gmbh
• Venus Home Appliances P Ltd.
These key players are concentrating its efforts on the continuous product improvement with innovative initiatives to have an edge over other competitors. Further, to garner maximum market share, companies are adopting merger/ acquisition/ partnership and maintaining strong distribution networks strategies.
By Geographical Locations:
• North America
o U.S.
o Canada
• Europe
o U.K.
o France
o Italy
o Germany
o Spain
o Russia & CIS
o Rest of Europe
• Asia-Pacific
o China
o India
o Japan
o South Korea
o ASEAN
o Rest of Asia Pacific
• Latin America
o Brazil
o Argentina
o Rest of LATAM
• Middle East & Africa
o UAE
o South Africa
o Rest of MEA
Highlights of the report
What is Water Heater Market?
Who all are key market players in the industry?
How the Parent Industry is growing?
Where are the key opportunities for new market entrant?
A comprehensive analysis, which covers key growth factors across the value chain
Recent developments in market
Granular Market Segmentation
Market size projection based on Historical & current market trends
Market share analysis and key strategies adopted by leading Players
Production Cost & Sensitivity Analysis
Country Level Market Analysis of Top 16 countries
Data Driven Decision Recommendations
Chapter 1 Research Objective
1.1 Need of the Research Report
1.2 Client Objectives
1.3 Offered Solutions
Chapter 2 Recommendations
2.1 Executive Summary
2.1.1 Market Overview
2.1.2 Competitive Insights
2.1.3 Segmental Analysis
2.1.4 Geographical Market Details
2.2 Lead Generation
2.3 Consultant
2.4 Return on Investment
Chapter 3 Research Methodology
3.1 Chromatus Database
3.2 Paid Sources
3.3 Primary Data Collection
3.3.1 Email Surveys
3.3.2 Telephonic Interviews
3.3.3 Face to Face Interviews
3.4 Secondary Data Collection
3.4.1 Annual Reports
3.4.2 Government Publications
3.4.3 Trade Data
3.4.4 Association Data
3.4.5 Research Papers/ Blogs/ News Articles
3.5 Expert Advisory Panel
3.6 Data Analytics Model
Chapter 4 Water Heater Market Overview
4.1 Parent Market Overview
4.2 Patent Analysis
4.3 PESTEL Analysis
4.3.1 Political
4.3.2 Economical
4.3.3 Social
4.3.4 Technological
4.3.5 Legal
4.4 SWOT Analysis
4.4.1 Strengths
4.4.2 Weakness
4.4.3 Opportunities
4.4.4 Threats
4.5 Regulations
4.6 Value Chain/ Supply Chain Analysis
4.7 Procurement & Vendor Analysis
4.8 Porters Five Analysis
4.8.1 Threat of new entrants
4.8.2 Bargaining power of suppliers
4.8.3 Bargaining power of buyers
4.8.4 Threat of substitutes
4.8.5 Competitive rivalry
Chapter 5 Regional Analysis Global Water Heater Market Estimation and Forecast, 2017 - 2025 (USD Billion)
5.1 North America Market
5.1.1 U.S.
5.1.1 Canada
5.2 Europe Market
5.2.1 UK
5.2.2 Germany
5.2.3 France
5.2.4 Spain
5.2.5 Italy
5.2.6 Russia & CIS
5.2.7 Rest of Europe
5.3 Asia Pacific Market
5.3.1 China
5.3.2 Japan
5.3.3 India
5.3.4 South Korea
5.3.5 ASEAN
5.3.6 Rest of Asia Pacific
5.4 Rest of the World
5.4.1 Latin America
5.4.1.1 Brazil
5.4.1.2 Argentina
5.4.1.3 Rest of Latin America
5.4.2 Middle East
5.4.3 Africa
Chapter 6 Company Profile
6. A. O. Smith Corporation
6.1.1 Introduction
6.1.2 Financial Overview
6.1.3 Product Portfolio
6.1.4 Recent Developments
6.1.5 SWOT Analysis
6.2 Ariston Thermo Spa
6.3 Bajaj Electricals Limited
6.4 Bradford White Corporation
6.5 Haier Electronics Group Co. Ltd
6.6 Noritz Corp
6.7 Rheem Manufacturing Company
6.8 Rinnai Corporation
6.9 Robert Bosch Gmbh
6.10 Venus Home Appliances P Ltd.
Chapter 7 Competitor Analysis
7.1 Company Ranking
7.2 Key Innovators
7.3 Market Leader
7.4 Emerging Players
7.5 Strategic Alliances
7.6 Competitive Matrix of 12 Companies
Chapter 8 Global Water Heater Market by Product Type Estimation and Forecast, 2017 - 2025 (USD Billion)
8.1 Gas
8.2 Instant
8.3 Storage
8.4 Solar
Chapter 9 Global Water Heater Market by Consumption Type Estimation and Forecast, 2017 - 2025 (USD Billion)
9.1 Commercial
9.2 Residential
9.3 Industrial
Chapter 10 Global Water Heater Market by Distribution Channel Estimation and Forecast, 2017 - 2025 (USD Billion)
10.1 Supermarket/Hypermarket
10.2 Specialty Stores
10.3 E-Commerce
10.4 Others (Wholesalers, distributors)
Chapter 11 Appendix
11.1 Data Sources
11.2 Abbreviations
11.3 About US
11.4 Disclaimer
11.5 Key Notes
List of Tables
Table 1 Global Water Heater Market, by Region, 2017 - 2025 (USD Billion)
Table2 Global Water Heater Market, by Product Type, 2017 - 2025 (USD Billion)
Table3 Global Water Heater Market, by Consumption Type, 2017 - 2025 (USD Billion)
Table4 Global Water Heater Market, by Distribution Type, 2017 - 2025 (USD Billion)
Table5North America Water Heater Market2017 - 2025 (USD Billion)
Table6North America Water Heater Market by Product Type 2017 - 2025 (USD Billion)
Table7North America Water Heater Market by Consumption Type 2017 - 2025 (USD Billion)
Table8North America Water Heater Market by Distribution Type 2017 - 2025 (USD Billion)
Table9US Water Heater Market2017 - 2025 (USD Billion)
Table10Canada Water Heater Market2017 - 2025 (USD Billion)
Table11Europe Water Heater Market2017 - 2025 (USD Billion)
Table12Europe Water Heater Market by Product Type 2017 - 2025 (USD Billion)
Table13Europe Water Heater Market by Consumption Type 2017 - 2025 (USD Billion)
Table14Europe Water Heater Market by Distribution Type 2017 - 2025 (USD Billion)
Table15 UK Water Heater Market2017 - 2025 (USD Billion)
Table16Germany Water Heater Market2017 - 2025 (USD Billion)
Table17France Water Heater Market2017 - 2025 (USD Billion)
Table18Spain Water Heater Market2017 - 2025 (USD Billion)
Table19Italy Water Heater Market2017 - 2025 (USD Billion)
Table20Russia & CIS Water Heater Market2017 - 2025 (USD Billion)
Table21Rest of Europe Water Heater Market2017 - 2025 (USD Billion)
Table22Asia Pacific Water Heater Market2017 - 2025 (USD Billion)
Table23Asia Pacific Water Heater Market by Product Type 2017 - 2025 (USD Billion)
Table24Asia Pacific Water Heater Market by Consumption Type 2017 - 2025 (USD Billion)
Table25Asia Pacific Water Heater Market by Distribution Type 2017 - 2025 (USD Billion)
Table26 China Water Heater Market2017 - 2025 (USD Billion)
Table27Japan Water Heater Market2017 - 2025 (USD Billion)
Table28India Water Heater Market2017 - 2025 (USD Billion)
Table29South Korea Water Heater Market2017 - 2025 (USD Billion)
Table30ASEAN Water Heater Market2017 - 2025 (USD Billion)
Table31Rest of Asia Pacific Water Heater Market2017 - 2025 (USD Billion)
Table32Latin America Water Heater Market2017 - 2025 (USD Billion)
Table33Latin America Water Heater Market by Product Type 2017 - 2025 (USD Billion)
Table34Latin America Water Heater Market by Consumption Type 2017 - 2025 (USD Billion)
Table35Latin America Water Heater Market by Distribution Type 2017 - 2025 (USD Billion)
Table36 Brazil Water Heater Market2017 - 2025 (USD Billion)
Table37 Argentina Water Heater Market2017 - 2025 (USD Billion)
Table38 Rest of Latin America Water Heater Market2017 - 2025 (USD Billion)
Table39Middle EastWater Heater Market2017 - 2025 (USD Billion)
Table40 Middle EastWater Heater Market by Product Type 2017 - 2025 (USD Billion)
Table41Middle EastWater Heater Market by Consumption Type 2017 - 2025 (USD Billion)
Table42Middle EastWater Heater Market by Distribution Type 2017 - 2025 (USD Billion)
Table43Africa Water Heater Market2017 - 2025 (USD Billion)
Table44 Africa Water Heater Market by Product Type 2017 - 2025 (USD Billion)
Table45Africa Water Heater Market by Consumption Type 2017 - 2025 (USD Billion)
Table46Africa Water Heater Market by Distribution Type 2017 - 2025 (USD Billion)
List of Figures
Fig. 1 Primary Research Method
Fig. 2 Secondary Research Method
Fig. 3 Value chain analysis
Fig. 4 PESTEL Analysis
Fig. 5 SWOT Analysis
Fig. 6 Porters Five forces analysis
Fig. 7 Water Heater Market: Penetration & growth prospect mapping
Fig. 8 Water Heater Market: Competitive snapshot
Fig. 9 Water Heater Market: Segmental snapshot
Fig. 10 Market Overview
Fig. 11Water Heater Market: Product Analysis, 2017- 2025
Fig. 12Water Heater Market: Regional Analysis, 2017- 2025
Fig. 13Water Heater Market: Competitive Matrix
Fig. 14Water Heater Market: Revenue Mix