Water Heater Market - Global Outlook & Forecast 2024-2029

List of Tables

The global water heater market is expected to grow at a CAGR of 8.08% from 2023 to 2029.

MARKET TRENDS & OPPORTUNITIES

Rise of Grid-Interactive Water Heater

Grid-interactive water heaters (GIWHs) are revolutionizing the water heater industry by offering more than just hot water. Equipped with two-way grid communication abilities, GIWHs enable load shifting, making demand for hot water follow renewable energy supply. This flexibility ensures efficient use of zero-carbon electricity and supports grid stability by smoothing out demand peaks and valleys. The water heater market transforms as virtual power plants (VPPs) incorporate GIWHs into their portfolios. These aggregated GIWHs act as a fleet of batteries, absorbing excess energy from the grid to power end uses later in the day.

Rising Demand for the Replacement of Conventional Water Heaters With Advanced Systems

The market for advanced water heating systems is experiencing a significant surge in demand as consumers increasingly seek more efficient and environmentally friendly alternatives to conventional water heaters. This shift is driven by several factors, including growing awareness of energy conservation, stricter regulations on energy efficiency, and the desire for long-term cost savings. Advanced water heating technologies such as heat pump water heaters, solar water heaters, and tankless water heaters offer compelling benefits over traditional systems.

INDUSTRY RESTRAINTS

An Alternative of Water Heater

The water heater industry is vast and diverse, with various options available to consumers depending on their needs and preferences. While traditional electric or gas water heaters are widely used in residential and commercial settings, alternative options such as wood-fired water heaters, immersion rods, and boilers in industries like food and beverage offer different advantages and cater to specific requirements. Wood-fired water heaters have been utilized for centuries, particularly in rural areas where access to electricity or gas may be limited or expensive. These heaters burn wood to heat water, providing a cost-effective and environmentally friendly solution.

SEGMENTATION INSIGHTS

INSIGHTS BY PRODUCT

The global water heater market by product is segmented into electric, gas & oil, heat pumps, and solar. In 2023, the electric segment emerged as the leading revenue generator in the product segment. This dominance is projected to continue, with a forecasted CAGR of over 8.38%. The key drivers fueling demand within this segment include fluctuating energy prices, stringent government regulations, and the regular replacement cycle for electric equipment. These factors collectively highlight the sustained growth trajectory of the electric segment, reflecting its pivotal role in the market landscape.

Furthermore, the solar water heater segment exhibited the fastest growth in the water heater market during the forecast period. The demand for solar water heaters increases due to Environmental Awareness, government subsidies, energy efficiency regulations, and urbanization. The heightened environmental awareness has led consumers and businesses to seek sustainable alternatives to traditional energy sources. Solar water heaters are a clean and renewable energy solution that perfectly aligns with this trend, driving their adoption. Secondly, government subsidies and incentives aimed at promoting renewable energy adoption have played a pivotal role in bolstering the market for solar water heaters.

Segmentation by Product

Electric
Gas & Oil
Heat Pumps
Solar

INSIGHTS BY CATEGORY

The global water heater market by category is segmented into storage and instant. In 2023, the storage segment accounted for the highest share and exhibited a CAGR of more than 7.70% during the forecast period. The demand for storage water heaters is driven by several factors, such as population growth and urbanization, which play a significant role. As urban areas expand and populations increase, the demand for residential and commercial water heating solutions rises accordingly. With their ability to provide hot water on demand, storage water heaters meet the needs of households, businesses, and institutions in densely populated areas. Moreover, lifestyle preferences and comfort standards influence the demand for storage water heaters.

Segmentation by Category

Storage
Instant

INSIGHTS BY END-USER

The global water heater market by end-user is segmented into residential and commercial. The residential segment has the highest share of the market. Several factors, including changes in housing trends, economic development, and housing permits, drive the demand for water heaters within the residential segment. With rising incomes, more households can afford modern amenities like water heaters, driving demand. Trends such as increased preference for larger homes, multiple bathrooms, or spa-like amenities in bathrooms can lead to greater demand for water heaters capable of meeting higher hot water demands. In colder regions, water heaters may have a higher demand as residents require more hot water for space heating or for maintaining comfortable living conditions during cold weather.

Segmentation by End-User

Residential
Commercial

INSIGHTS BY DISTRIBUTION CHANNEL

The offline distribution channel segment held the highest global water heater market share in 2023. This growth is attributed to several demand-driving factors. Local marketing initiatives like targeted advertising campaigns and community engagement have raised awareness and captured consumers' attention. Additionally, robust after-sales support services have contributed to customer satisfaction and loyalty, further bolstering offline sales. Moreover, potential buyers can physically inspect the product, assess its quality, and receive personalized assistance from sales representatives. This hands-on experience often instills consumer confidence, leading to higher conversion rates.

Segmentation by Distribution Channel

Offline
Online

GEOGRAPHICAL ANALYSIS

The demand for water heaters in North America is increasing, primarily driven by a growing emphasis on energy efficiency and the need for replacements. Canada is one of the fastest-growing regions during the forecast period, while the U.S. dominates in revenue share, fueled by technological advancements and the presence of numerous manufacturers. Furthermore, APAC held the largest global water heater market share, accounting for a global revenue share of over 34% in 2023. Across the APAC, increasing disposable incomes and a shift towards sustainability are key drivers. China and India emerged as major contributors to water heater revenue, spurred by rapid urbanization and government subsidies. Population growth, economic expansion, and regulatory factors in Europe propel the water heater industry growth. Latin America is experiencing a surge in demand, particularly due to tourism and hotel construction, with Argentina emerging as the fastest-growing nation thanks to robust economic growth. Lastly, residential construction and infrastructure development are significant drivers of water heater demand in the Middle East and Africa.

Segmentation by Geography

APAC
- China
- India
- Japan
- Philippines
- South Korea
- Australia
Europe
- Germany
- UK
- France
- Italy
- Spain
- Poland
North America
- The U.S.
- Canada
Latin America
- Brazil
- Mexico
- Argentina
- Chile
Middle East & Africa
- Turkey
- Saudi Arabia
- South Africa
- Egypt

COMPETITIVE LANDSCAPE

The global water heater market is characterized by several key factors that influence the dynamics within the industry. Moreover, various types of water heaters are available in the market, including tankless, storage tanks, heat pumps, and solar water heaters, each catering to different consumer needs and preferences. Further, there has been a growing emphasis on energy efficiency and sustainability, leading to increased demand for eco-friendly water heating solutions. This trend has propelled companies to innovate and develop more energy-efficient models, incorporating heat pumps and solar panels to reduce carbon footprint and energy consumption.

Recent Vendor Activities in the Global Water Heater Market

In 2023, Eccotemp introduced the SH22 Smart Home Tankless Water Heater Series, pioneering voice command functionality via Alexa & Google, revolutionizing water heating. With the Eccotemp Smart App, users can customize settings, monitor energy usage, and receive maintenance alerts, optimizing efficiency and convenience. The series offers versatile performance, with on-demand hot water for up to three bathrooms, flexible fuel options, and indoor/outdoor installation capabilities. Safety is ensured with CSA certification and a robust warranty feature. Through this, the company increases its product portfolio, driving business growth in the water heater industry.
In 2021, A.O. Smith acquired Giant, a Canadian water heater manufacturer, to expand their international presence and increase their profitability in the market.

Key Company Profiles

A.O. Smith
Haier
Midea

Strong Competitors

Ariston Thermo
Key Strengths
Key Strategies
Key Opportunities
Bradford White Corporation
Rheem Manufacturing Company
Rinnai Corporation

Other Prominent Vendors

Apricus Solar
Alternate Energy Technologies
Bock Water Heaters
Bromic Plumbing & Gas
Bajaj Electricals
BSH Home Appliances
Crompton Greaves Consumer Electricals Limited
Eccotemp
Efficient Technology Sales
Electrolux
FERROLI S.p.A
GROUPE ATLANTIC
Guangdong Vanward New Electric
Heliodyne
Hubbell Water Heaters
Havells India
Himin Solar
Intellihot
Jaquar India
Jiaxing Jinyi Solar Energy Technology
Kingspan
Kenmore
Lennox International
MACRO
Navien Inc.
Noritz America Corporation
Linuo Ritter International
Lorenzetti S.A.
Orient Electric
Robert Bosh
RECO
Sioux Corporation
SunMaxx Solar
SunEarth
SANDEN International
Sakura
Stiebel Eltron
TekSupply
Viessmann Manufacturing Company
VENUS HOME APPLIANCES
V-GUARD INDUSTRIES
Watts Water Technologies
Westinghouse Electric Company
Whirlpool
Wagner Solar
Zytech Solar

KEY QUESTIONS ANSWERED:

1. How big is the water heater market?

2. What is the growth rate of the global water heater market?

3. What are the significant trends in the water heater industry?

4. Who are the key players in the global water heater market?

Product Code: ARZ240510

1. SCOPE & COVERAGE

1.1. MARKET DEFINITION
- 1.1.1. INCLUSIONS
- 1.1.2. EXCLUSIONS
- 1.1.3. MARKET ESTIMATION CAVEATS
1.2. SEGMENTS COVERED & DEFINITION
- 1.1.1 MARKET SEGMENTATION BY CATEGORY
- 1.1.2 MARKET SEGMENTATION BY DISTRIBUTION CHANNEL
- 1.1.3 MARKET SEGMENTATION BY END-USER
- 1.1.4 MARKET SEGMENTATION BY PRODUCT
- 1.1.5 REGIONS & COUNTRIES COVERED
1.3. MARKET DERIVATION
- 1.3.1. HISTORIC, BASE, & FORECAST YEARS

2. PREMIUM INSIGHTS

2.1. OPPORTUNITY POCKETS
- 2.1.1. MARKET MATURITY INDICATOR
- 2.1.2. REGIONAL INSIGHTS
2.2. MARKET DEFINITION
2.3. REPORT OVERVIEW
2.4. OPPORTUNITIES & CHALLENGES ANALYSIS
2.5. SEGMENT ANALYSIS
2.6. REGIONAL ANALYSIS
2.7. COMPETITIVE LANDSCAPE

3. MARKET AT A GLANCE

4. INTRODUCTION

4.1. OVERVIEW
- 4.1.1. BUILDING CODES
- 4.1.2. POST-PANDEMIC WATER HEATER MARKET
4.2. REGULATORY COMPLIANCE
- 4.2.1. US DEPARTMENT OF ENERGY
- 4.2.2. INTERNATIONAL ELECTROTECHNICAL COMMISSION (IEC)
- 4.2.3. AMERICAN NATIONAL STANDARDS INSTITUTE (ANSI)

5. MARKET OPPORTUNITIES & TRENDS

5.1. RISING POPULARITY OF TANKLESS WATER HEATERS
5.2. GROWING DEMAND FOR SMART WATER HEATER
5.3. INCREASES DEMAND FOR HYBRID WATER HEATER
5.4. RISE OF GRID-INTERACTIVE WATER HEATERS

6. MARKET GROWTH ENABLERS

6.1. TECHNOLOGICAL ADVANCES PRODUCTS
6.2. INCREASING CONSTRUCTION ACTIVITIES
6.3. GOVERNMENT SUBSIDIES ON WATER HEATER
6.4. RISING DEMAND FOR REPLACEMENT OF CONVENTIONAL WATER HEATERS WITH ADVANCED SYSTEMS

7. MARKET RESTRAINTS

7.1. VARIATION OF GAS AND OTHER FUEL PRICES
7.2. HIGH INSTALLATION COST
7.3. ALTERNATIVE OF WATER HEATER

8. MARKET LANDSCAPE

8.1. MARKET OVERVIEW
8.2. DEMAND INSIGHTS
8.3. VENDOR ANALYSIS
8.4. MARKET SIZE & FORECAST
8.5. FIVE FORCES ANALYSIS
- 8.5.1. THREAT OF NEW ENTRANTS
- 8.5.2. BARGAINING POWER OF SUPPLIERS
- 8.5.3. BARGAINING POWER OF BUYERS
- 8.5.4. THREAT OF SUBSTITUTES
- 8.5.5. COMPETITIVE RIVALRY

9. PRODUCT

9.1. MARKET SNAPSHOT & GROWTH ENGINE
9.2. MARKET OVERVIEW
9.3. ELECTRIC
- 9.3.1. MARKET OVERVIEW
- 9.3.2. MARKET SIZE & FORECAST
- 9.3.3. MARKET BY GEOGRAPHY
9.4. GAS AND OIL
- 9.4.1. MARKET OVERVIEW
- 9.4.2. MARKET SIZE & FORECAST
- 9.4.3. MARKET BY GEOGRAPHY
9.6. HEAT PUMPS
- 9.6.1. MARKET OVERVIEW
- 9.6.2. MARKET SIZE & FORECAST
- 9.6.3. MARKET BY GEOGRAPHY
9.7. SOLAR
- 9.7.1. MARKET OVERVIEW
- 9.7.2. MARKET SIZE & FORECAST
- 9.7.3. MARKET BY GEOGRAPHY

10. CATEGORY

10.1. MARKET SNAPSHOT & GROWTH ENGINE
10.2. MARKET OVERVIEW
10.3. STORAGE
- 10.3.1. MARKET OVERVIEW
- 10.3.2. MARKET SIZE & FORECAST
- 10.3.3. MARKET BY GEOGRAPHY
10.4. INSTANT
- 10.4.1. MARKET OVERVIEW
- 10.4.2. MARKET SIZE & FORECAST
- 10.4.3. MARKET BY GEOGRAPHY

11. END-USER

11.1. MARKET SNAPSHOT & GROWTH ENGINE
11.2. MARKET OVERVIEW
11.3. RESIDENTIAL
- 11.3.1. MARKET OVERVIEW
- 11.3.2. MARKET SIZE & FORECAST
- 11.3.3. MARKET BY GEOGRAPHY
11.4. COMMERCIAL
- 11.4.1. MARKET OVERVIEW
- 11.4.2. MARKET SIZE & FORECAST
- 11.4.3. MARKET BY GEOGRAPHY
11.5. HEALTHCARE
- 11.5.1. MARKET OVERVIEW
11.6 HOSPITALITY
- 11.5.2. MARKET OVERVIEW
11.6. OTHERS
- 11.6.1. MARKET OVERVIEW

12. DISTRIBUTION

12.1. MARKET SNAPSHOT & GROWTH ENGINE
12.2. MARKET OVERVIEW
12.3. OFFLINE
- 12.3.1. MARKET OVERVIEW
- 12.3.2. MARKET SIZE & FORECAST
- 12.3.3. MARKET BY GEOGRAPHY
12.4. CONSUMER ELECTRONIC RETAIL STORES
- 12.4.1. MARKET OVERVIEW
12.5. DEPARTMENTAL STORES
- 12.5.1. MARKET OVERVIEW
12.6. SPECIALITY STORES
- 12.6.1. MARKET OVERVIEW
12.7. OTHERS
- 12.7.1. MARKET OVERVIEW
12.8. ONLINE
- 12.8.1. MARKET OVERVIEW
- 12.8.2. MARKET SIZE & FORECAST
- 12.8.3. MARKET BY GEOGRAPHY
12.6 DIRECT SALES
- 12.6.1 MARKET OVERVIEW
12.7 THIRD-PARTY SALES
- 12.7.1 MARKET OVERVIEW

13 GEOGRAPHY

13.6 MARKET SNAPSHOT & GROWTH ENGINE
12.9. GEOGRAPHIC OVERVIEW

14 APAC

14.6 MARKET OVERVIEW
14.7 MARKET SIZE & FORECAST
14.8 PRODUCT TYPE
- 14.8.1 MARKET SIZE & FORECAST
14.9 CATEGORY
- 14.9.1 MARKET SIZE & FORECAST
14.10 END-USER
- 14.10.1 MARKET SIZE & FORECAST
14.11 DISTRIBUTION CHANNEL
- 14.11.1 MARKET SIZE & FORECAST
14.12 KEY COUNTRIES
14.13 CHINA: MARKET SIZE & FORECAST
14.14 INDIA: MARKET SIZE & FORECAST
14.15 JAPAN: MARKET SIZE & FORECAST
14.16 PHILIPPINES: MARKET SIZE & FORECAST
14.17 SOUTH KOREA: MARKET SIZE & FORECAST
14.18 AUSTRALIA: MARKET SIZE & FORECAST

15 EUROPE

15.6 MARKET OVERVIEW
15.7 MARKET SIZE & FORECAST
15.8 PRODUCT TYPE
- 15.8.1 MARKET SIZE & FORECAST
15.9 CATEGORY
- 15.9.1 MARKET SIZE & FORECAST
15.10 END-USER
- 15.10.1 MARKET SIZE & FORECAST
15.11 DISTRIBUTION CHANNEL
- 15.11.1 MARKET SIZE & FORECAST
15.12 KEY COUNTRIES
15.13 GERMANY: MARKET SIZE & FORECAST
15.14 UK: MARKET SIZE & FORECAST
15.15 FRANCE: MARKET SIZE & FORECAST
15.16 ITALY: MARKET SIZE & FORECAST
15.17 SPAIN: MARKET SIZE & FORECAST
15.18 POLAND: MARKET SIZE & FORECAST

16 NORTH AMERICA

16.6 MARKET OVERVIEW
16.7 MARKET SIZE & FORECAST
16.8 PRODUCT TYPE
- 16.8.1 MARKET SIZE & FORECAST
16.9 CATEGORY
- 16.9.1 MARKET SIZE & FORECAST
16.10 END-USER
- 16.10.1 MARKET SIZE & FORECAST
16.11 DISTRIBUTION CHANNEL
- 16.11.1 MARKET SIZE & FORECAST
16.12 KEY COUNTRIES
16.13 US: MARKET SIZE & FORECAST
16.14 CANADA: MARKET SIZE & FORECAST

17 LATIN AMERICA

17.6 MARKET OVERVIEW
17.7 MARKET SIZE & FORECAST
17.8 PRODUCT TYPE
- 17.8.1 MARKET SIZE & FORECAST
17.9 CATEGORY
- 17.9.1 MARKET SIZE & FORECAST
17.10 END-USER
- 17.10.1 MARKET SIZE & FORECAST
17.11 DISTRIBUTION CHANNEL
- 17.11.1 MARKET SIZE & FORECAST
17.12 KEY COUNTRIES
17.13 BRAZIL: MARKET SIZE & FORECAST
17.14 MEXICO: MARKET SIZE & FORECAST
17.15 ARGENTINA: MARKET SIZE & FORECAST
17.16 CHILE: MARKET SIZE & FORECAST

18 MIDDLE EAST AND AFRICA

18.6 MARKET OVERVIEW
18.7 MARKET SIZE & FORECAST
18.8 PRODUCT TYPE
- 18.8.1 MARKET SIZE & FORECAST
18.9 CATEGORY
- 18.9.1 MARKET SIZE & FORECAST
18.10 END-USER
- 18.10.1 MARKET SIZE & FORECAST
18.11 DISTRIBUTION CHANNEL
- 18.11.1 MARKET SIZE & FORECAST
18.12 KEY COUNTRIES
18.13 TURKEY: MARKET SIZE & FORECAST
18.14 SAUDI ARABIA: MARKET SIZE & FORECAST
18.15 SOUTH AFRICA: MARKET SIZE & FORECAST
18.16 EGYPT: MARKET SIZE & FORECAST

19 COMPETITIVE LANDSCAPE

19.6 COMPETITION OVERVIEW
- 19.6.1 RECENT VENDOR ACTIVITIES IN THE MARKET:

20 KEY COMPANY PROFILES

20.1 A. O. SMITH
- 20.1.1 BUSINESS OVERVIEW
- 20.1.2 PRODUCT/SERVICE OFFERINGS
- 20.1.3 KEY STRATEGIES
- 20.1.4 KEY STRENGTHS
- 20.1.5 KEY OPPORTUNITIES
20.2 HAIER
- 20.2.1 BUSINESS OVERVIEW
- 20.2.2 PRODUCT/SERVICE OFFERINGS
- 20.2.3 KEY STRATEGIES
- 20.2.4 KEY STRENGTHS
- 20.2.5 KEY OPPORTUNITIES
20.3 MIDEA
- 20.3.1 BUSINESS OVERVIEW
- 20.3.2 PRODUCT/SERVICE OFFERINGS
- 20.3.3 KEY STRATEGIES
- 20.3.4 KEY STRENGTHS
- 20.3.5 KEY OPPORTUNITIES

21 DOMINANT PLAYERS

21.1 ARISTON THERMO
- 21.1.1 BUSINESS OVERVIEW
- 21.1.2 PRODUCT/SERVICE OFFERINGS
- 21.1.3 KEY STRATEGIES
- 21.1.4 KEY STRENGTHS
- 21.1.5 KEY OPPORTUNITIES
21.2 BRADFORD WHITE CORPORATION
- 21.2.1 BUSINESS OVERVIEW
- 21.2.2 PRODUCT/SERVICE OFFERINGS
- 21.2.3 KEY STRATEGIES
- 21.2.4 KEY STRENGTHS
- 21.2.5 KEY OPPORTUNITIES
21.3 RHEEM MANUFACTURING COMPANY
- 21.3.1 BUSINESS OVERVIEW
- 21.3.2 PRODUCT/SERVICE OFFERINGS
- 21.3.3 KEY STRATEGIES
- 21.3.4 KEY STRENGTHS
- 21.3.5 KEY OPPORTUNITIES
12.4 RINNAI CORPORATION
- 12.9.1. BUSINESS OVERVIEW
- 12.9.2. PRODUCT/SERVICE OFFERINGS
- 12.9.3. KEY STRATEGIES
- 12.9.4. KEY STRENGTHS
- 12.9.5. KEY OPPORTUNITIES

12 OTHER PROMINENT VENDORS

12.4 APRICUS SOLAR
- 12.4.1 BUSINESS OVERVIEW
- 12.4.2 PRODUCT/SERVICE OFFERINGS
12.5 ALTERNATE ENERGY TECHNOLOGIES
- 12.5.1 BUSINESS OVERVIEW
- 12.5.2 PRODUCT/SERVICE OFFERINGS
12.6 BOCK WATER HEATERS
- 12.6.1 BUSINESS OVERVIEW
- 12.6.2 PRODUCT/SERVICE OFFERINGS
12.7 BROMIC PLUMBING & GAS
- 12.7.1 BUSINESS OVERVIEW
- 12.7.2 PRODUCT/SERVICE OFFERINGS
12.8 BAJAJ ELECTRICALS
- 12.8.1 BUSINESS OVERVIEW
- 12.8.2 PRODUCT/SERVICE OFFERINGS
12.9 CROMPTON GREAVES CONSUMER ELECTRICALS LIMITED
- 12.9.1 BUSINESS OVERVIEW
- 12.9.2 PRODUCT/SERVICE OFFERINGS
12.10 ECCOTEMP
- 12.10.1 BUSINESS OVERVIEW
- 12.10.2 PRODUCT/SERVICE OFFERINGS
12.11 EFFICIENT TECHNOLOGY SALES
- 12.11.1 BUSINESS OVERVIEW
- 12.11.2 PRODUCT/SERVICE OFFERINGS
12.12 ELECTROLUX PROFESSIONAL
- 12.12.1 BUSINESS OVERVIEW
- 12.12.2 PRODUCT/SERVICE OFFERINGS
12.13 FERROLI S.P.A
- 12.13.1 BUSINESS OVERVIEW
- 12.13.2 PRODUCT/SERVICE OFFERINGS
12.14 GROUPE ATLANTIC
- 12.14.1 BUSINESS OVERVIEW
- 12.14.2 PRODUCT/SERVICE OFFERINGS
12.15 GUANGDONG VANWARD NEW ELECTRIC
- 12.15.1 BUSINESS OVERVIEW
- 12.15.2 PRODUCT/SERVICE OFFERINGS
12.10. GENERAL ELECTRIC
- 12.10.1. BUSINESS OVERVIEW
- 12.15.3 PRODUCT/SERVICE OFFERINGS
12.16 HELIODYNE
- 12.16.1 BUSINESS OVERVIEW
- 12.16.2 PRODUCT/SERVICE OFFERINGS
12.17 HUBBELL WATER HEATERS
- 12.17.1 BUSINESS OVERVIEW
- 12.17.2 PRODUCT/SERVICE OFFERINGS
12.18 HAVELLS INDIA
- 12.18.1 BUSINESS OVERVIEW
- 12.18.2 PRODUCT/SERVICE OFFERINGS
12.19 HIMIN SOLAR
- 12.19.1 BUSINESS OVERVIEW
- 12.19.2 PRODUCT/SERVICE OFFERINGS
12.20 INTELLIHOT
- 12.20.1 BUSINESS OVERVIEW
- 12.20.2 PRODUCT/SERVICE OFFERINGS
12.21 JAQUAR INDIA
- 12.21.1 BUSINESS OVERVIEW
- 12.21.2 PRODUCT/SERVICE OFFERINGS
12.22 JIAXING JINYI SOLAR ENERGY TECHNOLOGY
- 12.22.1 BUSINESS OVERVIEW
- 12.22.2 PRODUCT/SERVICE OFFERINGS
12.23 KINGSPAN
- 12.23.1 BUSINESS OVERVIEW
- 12.23.2 PRODUCT/SERVICE OFFERINGS
12.24 KENMORE
- 12.24.1 BUSINESS OVERVIEW
- 12.24.2 PRODUCT/SERVICE OFFERINGS
12.25 LENNOX INTERNATIONAL
- 12.25.1 BUSINESS OVERVIEW
- 12.25.2 PRODUCT/SERVICE OFFERINGS
12.26 MACRO
- 12.26.1 BUSINESS OVERVIEW
- 12.26.2 PRODUCT/SERVICE OFFERINGS
12.27 NAVIEN, INC
- 12.27.1 BUSINESS OVERVIEW
- 12.27.2 PRODUCT/SERVICE OFFERINGS
12.28 NORITZ AMERICA CORPORATION
- 12.28.1 BUSINESS OVERVIEW
- 12.28.2 PRODUCT/SERVICE OFFERINGS
12.29 LINUO RITTER INTERNATIONAL
- 12.29.1 BUSINESS OVERVIEW
- 12.29.2 PRODUCT/SERVICE OFFERINGS
12.30 LORENZETTI S.A.
- 12.30.1 BUSINESS OVERVIEW
- 12.30.2 PRODUCT/SERVICE OFFERINGS
12.31 ORIENT ELECTRIC
- 12.31.1 BUSINESS OVERVIEW
- 12.31.2 PRODUCT/SERVICE OFFERINGS
12.32 ROBERT BOSCH
- 12.32.1 BUSINESS OVERVIEW
- 12.32.2 PRODUCT/SERVICE OFFERINGS
12.33 RECO
- 12.33.1 BUSINESS OVERVIEW
- 12.33.2 PRODUCT/SERVICE OFFERINGS
12.34 SIOUX CORPORATION
- 12.34.1 BUSINESS OVERVIEW
- 12.34.2 PRODUCT/SERVICE OFFERINGS
12.35 SUNMAXX SOLAR
- 12.35.1 BUSINESS OVERVIEW
- 12.35.2 PRODUCT/SERVICE OFFERINGS
12.36 SUNEARTH
- 12.36.1 BUSINESS OVERVIEW
- 12.36.2 PRODUCT/SERVICE OFFERINGS
12.37 SANDEN INTERNATIONAL
- 12.37.1 BUSINESS OVERVIEW
- 12.37.2 PRODUCT/SERVICE OFFERINGS
12.38 SAKURA
- 12.38.1 BUSINESS OVERVIEW
- 12.38.2 PRODUCT/SERVICE OFFERINGS
12.39 STIEBEL ELTRON
- 12.39.1 BUSINESS OVERVIEW
- 12.39.2 PRODUCT/SERVICE OFFERINGS
12.40 TEKSUPPLY
- 12.40.1 BUSINESS OVERVIEW
- 12.40.2 PRODUCT/SERVICE OFFERINGS
12.41 VIESSMANN MANUFACTURING COMPANY INC.
- 12.41.1 BUSINESS OVERVIEW
- 12.41.2 PRODUCT/SERVICE OFFERINGS
12.42 VENUS HOME APPLIANCES
- 12.42.1 BUSINESS OVERVIEW
- 12.42.2 PRODUCT/SERVICE OFFERINGS
12.43 V-GUARD INDUSTRIES
- 12.43.1 BUSINESS OVERVIEW
- 12.43.2 PRODUCT/SERVICE OFFERINGS
12.44 WATTS WATER TECHNOLOGIES
- 12.44.1 BUSINESS OVERVIEW
- 12.44.2 PRODUCT/SERVICE OFFERINGS
12.45 WESTINGHOUSE ELECTRIC COMPANY
- 12.45.1 BUSINESS OVERVIEW
- 12.45.2 PRODUCT/SERVICE OFFERINGS
12.46 WHIRLPOOL
- 12.46.1 BUSINESS OVERVIEW
- 12.46.2 PRODUCT/SERVICE OFFERINGS
12.47 WAGNER SOLAR
- 12.47.1 BUSINESS OVERVIEW
- 12.47.2 PRODUCT/SERVICE OFFERINGS
12.48 ZYTECH SOLAR
- 12.48.1 BUSINESS OVERVIEW
- 12.48.2 PRODUCT/SERVICE OFFERINGS

13 REPORT SUMMARY

13.4 KEY TAKEAWAYS
13.5 STRATEGIC RECOMMENDATIONS

14 QUANTITATIVE SUMMARY

14.4 MARKET BY GEOGRAPHY
14.5 MARKET BY PRODUCT
14.6 MARKET BY CATEGORY
14.7 MARKET BY END-USER
14.8 MARKET BY DISTRIBUTION CHANNEL
14.9 APAC
- 14.9.1 PRODUCT: MARKET SIZE & FORECAST
- 14.9.2 CATEGORY: MARKET SIZE & FORECAST
- 14.9.3 END-USER: MARKET SIZE & FORECAST
- 14.9.4 DISTRIBUTION CHANNEL: MARKET SIZE & FORECAST
14.10 EUROPE
- 14.10.1 PRODUCT: MARKET SIZE & FORECAST
- 14.10.2 CATEGORY: MARKET SIZE & FORECAST
- 14.10.3 END-USER: MARKET SIZE & FORECAST
- 14.10.4 DISTRIBUTION CHANNEL: MARKET SIZE & FORECAST
14.11 NORTH AMERICA
- 14.11.1 PRODUCT: MARKET SIZE & FORECAST
- 14.11.2 CATEGORY: MARKET SIZE & FORECAST
- 14.11.3 END-USER: MARKET SIZE & FORECAST
- 14.11.4 DISTRIBUTION CHANNEL: MARKET SIZE & FORECAST
14.12 LATIN AMERICA
- 14.12.1 PRODUCT: MARKET SIZE & FORECAST
- 14.12.2 CATEGORY: MARKET SIZE & FORECAST
- 14.12.3 END-USER: MARKET SIZE & FORECAST
- 14.12.4 DISTRIBUTION CHANNEL: MARKET SIZE & FORECAST
14.13 MIDDLE EAST AND AFRICA
- 14.13.1 PRODUCT: MARKET SIZE & FORECAST
- 14.13.2 CATEGORY: MARKET SIZE & FORECAST
- 14.13.3 END-USER: MARKET SIZE & FORECAST
- 14.13.4 DISTRIBUTION CHANNEL: MARKET SIZE & FORECAST

15 APPENDIX

15.4 RESEARCH METHODOLOGY
15.5 RESEARCH PROCESS
15.6 REPORT ASSUMPTIONS & CAVEATS
- 15.6.1 KEY CAVEATS
- 15.6.2 CURRENCY CONVERSION
15.7 ABBREVIATIONS