Water Heaters Global Market Opportunities And Strategies To 2033

Description

A water heater is a device used for heating water above its ambient temperature, used generally for various domestic, residential and industrial purposes.

The water heaters market consists of sales of water heater products by entities (organizations, sole traders or partnerships) primarily involved in their production for various applications. Water heaters come in various types, including tank-based, tankless, hybrid and solar water heater; each catering to different needs and preferences.

The global water heaters market was valued at $39,918.5 million in 2018 which grew till 2023 at a compound annual growth rate (CAGR) of more than 8.0%.

Rapid Urbanization

During the historic period, rapid urbanization drove the growth of the water heaters market. The population of urban areas grows at a faster rate than that of rural ones. The need for water heaters and other residential and commercial equipment grows as more people move into urban areas. There is a strong correlation between urbanization and rising living standards. People who live in urban areas typically have greater standards for convenience and comfort, including having hot water available for cooking, bathing and other household uses. According to the United Nations Conference on Trade and Development (UNCTAD), a Switzerland-based intergovernmental organization that promotes the interests of developing countries in world trade, the global population increased by 0.9% to 4.46 billion people who resided in urban areas in 2021, and reached 8 billion people by 2022. Therefore, rapid urbanization positively impacted the growth of the water heaters market during the historic period.

New Product Launches To Cater To Diverse Applications

Companies in the water heaters manufacturing industries are launching new products for diverse applications, which signifies a strategic move aimed at enhancing offerings in the market. For instance, in June 2023, EcoSmart, a US-based heat pump water heater manufacturing company, launched EcoSmart Element, a new green, economical tankless electric water heaters. These tankless electric water heaters are suitable for new construction and household use. They come in three sizes: 12 kilowatt (kW), 18 kW and 27 kW. Among the features are easy-to-replace threaded brass connections and copper immersion heating elements that fit into a single chamber.

Additionally, in December 2022, Havells India Limited, an India-based home appliance and electrical equipment manufacturing company, launched the Otto and Orizzonte range of storage water heaters in India. The Otto water heater has an eye-catching circular shape, an adjustable temperature knob for customized heating and a light-emitting diode (LED) that changes from blue to amber when the water reaches the right temperature.

The global water heaters market is fragmented, with a large number of players in the market. The top ten competitors in the market made up to 16.0% of the total market in 2022.

Water Heaters Global Market Opportunities And Strategies To 2033 from The Business Research Company provides the strategists; marketers and senior management with the critical information they need to assess the global water heaters market as it emerges from the COVID-19 shut down.

Reasons to Purchase

Gain a truly global perspective with the most comprehensive report available on this market covering 15 geographies.
Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
Create regional and country strategies on the basis of local data and analysis.
Identify growth segments for investment.
Outperform competitors using forecast data and the drivers and trends shaping the market.
Understand customers based on the latest market research findings.
Benchmark performance against key competitors.
Utilize the relationships between key data sets for superior strategizing.
Suitable for supporting your internal and external presentations with reliable high-quality data and analysis.

Where is the largest and fastest-growing market for water heaters? How does the market relate to the overall economy; demography and other similar markets? What forces will shape the market going forward? The water heaters market global report from The Business Research Company answers all these questions and many more.

The report covers market characteristics; size and growth; segmentation; regional and country breakdowns; competitive landscape; market shares; trends and strategies for this market. It traces the market's history and forecasts market growth by geography. It places the market within the context of the wider water heaters market; and compares it with other markets.

The report covers the following chapters

Introduction and Market Characteristics- Brief introduction to the segmentations covered in the market, definitions and explanations about the segment by product type, by distribution channel and by end user.
Key Trends- Highlights the major trends shaping the global market. This section also highlights likely future developments in the market.
Macro-Economic Scenario- The report provides an analysis of the impact of the COVID-19 pandemic, impact of the Russia-Ukraine war and impact of rising inflation on global and regional markets, providing strategic insights for businesses in the water heaters market.
Global Market Size And Growth- Global historic (2018-2023) and forecast (2023-2028, 2033F) market values and drivers and restraints that support and control the growth of the market in the historic and forecast periods.
Regional And Country Analysis - Historic (2018-2023) and forecast (2023-2028, 2033F) market values and growth and market share comparison by region and country.
Market Segmentation- Contains the market values (2018-2023) (2023-2028, 2033F) and analysis for each segment by product type, by distribution channel and by end user in the market. Historic (2018-2023) and forecast (2023-2028) and (2028-2033) market values and growth and market share comparison by region market.
Regional Market Size and Growth- Regional market size (2023), historic (2018-2023) and forecast (2023-2028, 2033F) market values and growth and market share comparison of countries within the region. This report includes information on all the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa and major countries within each region.
Competitive Landscape- Details on the competitive landscape of the market, estimated market shares and company profiles of the leading players.
Competitive Benchmarking - Briefs on the financials comparison between major players in the market.
Competitive Dashboard - Briefs on competitive dashboard of major players.
Key Mergers and Acquisitions- Information on recent mergers and acquisitions in the market covered in the report. This section gives key financial details of mergers and acquisitions, which have shaped the market in recent years.
Market Opportunities And Strategies- Describes market opportunities and strategies based on findings of the research, with information on growth opportunities across countries, segments and strategies to be followed in those markets.
Conclusions And Recommendations- This section includes recommendations for water heaters providers in terms of product/service offerings geographic expansion, marketing strategies and target groups.
Appendix- This section includes details on the NAICS codes covered, abbreviations and currencies codes used in this report.

Markets Covered:

1) By Product Type: Solar Heaters; Electric Heaters; Gas and Propane Heaters; Geothermal Heaters; Other Product Types
2) By Distribution Channel: Supermarket/Hypermarket; Specialty Stores; E-Commerce; Other Distribution Channels
3) By End User: Residential; Commercial; Industrial
Companies Mentioned: A. O. Smith Corporation; Rinnai Corporation; Vaillant Group; Rheem Manufacturing Company; Ariston Thermo Group
Countries: China; Australia; India; Indonesia; Japan; South Korea; USA; Canada; Brazil; France; Germany; Italy; Spain; UK; Russia
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time-series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets; GDP proportions; expenditure per capita; water heaters indicators comparison.
Data segmentations: country and regional historic and forecast data; market share of competitors; market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Product Code: o&s1131

1 Executive Summary

1.1 Water Heaters - Market Attractiveness And Macro economic Landscape

2 Table Of Contents

3 List Of Tables

4 List Of Figures

5 Report Structure

6 Market Characteristics

6.1 General Market Definition
6.2 Summary
6.3 Water Heaters Market Definition And Segmentations
6.4 Market Segmentation By Product Type
- 6.4.1 Solar Heaters
- 6.4.2 Electric Heaters
- 6.4.3 Gas And Propane Heaters
- 6.4.4 Geothermal Heaters
- 6.4.5 Other Product Types
6.5 Market Segmentation By Distribution Channel
- 6.5.1 Supermarket/Hypermarket
- 6.5.2 Specialty Stores
- 6.5.3 E-Commerce
- 6.5.4 Other Distribution Channels
6.6 Market Segmentation By End User
- 6.6.1 Residential
- 6.6.2 Commercial
- 6.6.3 Industrial

7 Major Market Trends

7.1 New Product Launches To Cater To Diverse Applications
7.2 Strategic Partnerships And Acquisitions To Drive Market Dominance
7.3 Integration Of Wi-Fi Control For Unprecedented Convenience And Energy Management
7.4 Launch Of Solar Powered Water Heaters To Transform The Home Energy Landscape
7.5 Focus On The Development Of Tankless Heat Pump Water Heaters

8 Water Heaters Market - Macro Economic Scenario

8.1 COVID-19 Impact On The Water Heaters Market
8.2 Impact Of The War In Ukraine On The Water Heaters Market
8.3 Impact Of High Inflation On The Water Heaters Market

9 Global Market Size and Growth

9.1 Market Size
9.2 Historic Market Growth, 2018 - 2023, Value ($ Million)
- 9.2.1 Market Drivers 2018 - 2023
- 9.2.2 Market Restraints 2018 - 2023
9.3 Forecast Market Growth, 2023 - 2028, 2033F Value ($ Million)
- 9.3.1 Market Drivers 2023 - 2028
- 9.3.2 Market Restraints 2023 - 2028

10 Global Water Heaters Market Segmentation

10.1 Global Water Heaters Market, Segmentation By Product Type, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
10.2 Global Water Heaters Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
10.3 Global Water Heaters Market, Segmentation By End User, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)

11 Water Heaters Market, Regional and Country Analysis

11.1 Global Water Heaters Market, By Region, Historic and Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
11.2 Global Water Heaters Market, By Country, Historic and Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)

12 Asia-Pacific Market

12.1 Summary
- 12.1.1 Market Overview
- 12.1.2 Region Information
- 12.1.3 Market Information
- 12.1.4 Background Information
- 12.1.5 Government Initiatives
- 12.1.6 Regulations
- 12.1.7 Regulatory Bodies
- 12.1.8 Major Associations
- 12.1.9 Taxes Levied
- 12.1.10 Corporate Tax Structure
- 12.1.11 Investments
- 12.1.12 Major Companies
12.2 Asia-Pacific Water Heaters Market, Segmentation By Product Type, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
12.3 Asia-Pacific Water Heaters Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
12.4 Asia-Pacific Water Heaters Market, Segmentation By End User, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
12.5 Asia-Pacific Water Heaters Market: Country Analysis
12.6 China Market
12.7 Summary
- 12.7.1 Market Overview
- 12.7.2 Country Information
- 12.7.3 Market Information
- 12.7.4 Background Information
- 12.7.5 Government Initiatives
- 12.7.6 Regulations
- 12.7.7 Regulatory Bodies
- 12.7.8 Major Associations
- 12.7.9 Taxes Levied
- 12.7.10 Corporate Tax Structure
- 12.7.11 Investments
- 12.7.12 Major Companies
12.8 China Water Heaters Market, Segmentation By Product Type, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
12.9 China Water Heaters Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
12.1 China Water Heaters Market, Segmentation By End User, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
12.11 India Market
12.12 India Water Heaters Market, Segmentation By Product Type, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
12.13 India Water Heaters Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
12.14 India Water Heaters Market, Segmentation By End User, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
12.15 Japan Market
12.16 Japan Water Heaters Market, Segmentation By Product Type, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
12.17 Japan Water Heaters Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
12.18 Japan Water Heaters Market, Segmentation By End User, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
12.19 Australia Market
12.2 Australia Water Heaters Market, Segmentation By Product Type, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
12.21 Australia Water Heaters Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
12.22 Australia Water Heaters Market, Segmentation By End User, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
12.23 Indonesia Market
12.24 Indonesia Water Heaters Market, Segmentation By Product Type, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
12.25 Indonesia Water Heaters Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
12.26 Indonesia Water Heaters Market, Segmentation By End User, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
12.27 South Korea Market
12.28 South Korea Water Heaters Market, Segmentation By Product Type, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
12.29 South Korea Water Heaters Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
12.3 South Korea Water Heaters Market, Segmentation By End User, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)

13 Western Europe Market

13.1 Summary
- 13.1.1 Market Overview
- 13.1.2 Region Information
- 13.1.3 Market Information
- 13.1.4 Background Information
- 13.1.5 Government Initiatives
- 13.1.6 Regulations
- 13.1.7 Regulatory Bodies
- 13.1.8 Major Associations
- 13.1.9 Taxes Levied
- 13.1.10 Corporate Tax Structure
- 13.1.11 Investments
- 13.1.12 Major Companies
13.2 Western Europe Water Heaters Market, Segmentation By Product Type, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
13.3 Western Europe Water Heaters Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
13.4 Western Europe Water Heaters Market, Segmentation By End User, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
13.5 Western Europe Water Heaters Market: Country Analysis
13.6 UK Market
13.7 UK Water Heaters Market, Segmentation By Product Type, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
13.8 UK Water Heaters Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
13.9 UK Water Heaters Market, Segmentation By End User, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
13.1 Germany Market
13.11 Germany Water Heaters Market, Segmentation By Product Type, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
13.12 Germany Water Heaters Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
13.13 Germany Water Heaters Market, Segmentation By End User, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
13.14 France Market
13.15 France Water Heaters Market, Segmentation By Product Type, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
13.16 France Water Heaters Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
13.17 France Water Heaters Market, Segmentation By End User, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
13.18 Italy Market
13.19 Italy Water Heaters Market, Segmentation By Product Type, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
13.2 Italy Water Heaters Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
13.21 Italy Water Heaters Market, Segmentation By End User, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
13.22 Spain Market
13.23 Spain Water Heaters Market, Segmentation By Product Type, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
13.24 Spain Water Heaters Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
13.25 Spain Water Heaters Market, Segmentation By End User, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)

14 Eastern Europe Market

14.1 Summary
- 14.1.1 Market Overview
- 14.1.2 Region Information
- 14.1.3 Market Information
- 14.1.4 Background Information
- 14.1.5 Government Initiatives
- 14.1.6 Regulations
- 14.1.7 Regulatory Bodies
- 14.1.8 Major Associations
- 14.1.9 Taxes Levied
- 14.1.10 Corporate Tax Structure
- 14.1.11 Investments
- 14.1.12 Major Companies
14.2 Eastern Europe Water Heaters Market, Segmentation By Product Type, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
14.3 Eastern Europe Water Heaters Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
14.4 Eastern Europe Water Heaters Market, Segmentation By End User, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
14.5 Eastern Europe Water Heaters Market: Country Analysis
14.6 Russia Market
14.7 Russia Water Heaters Market, Segmentation By Product Type, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
14.8 Russia Water Heaters Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
14.9 Russia Water Heaters Market, Segmentation By End User, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)

15 North America Market

15.1 Summary
- 15.1.1 Market Overview
- 15.1.2 Region Information
- 15.1.3 Market Information
- 15.1.4 Background Information
- 15.1.5 Government Initiatives
- 15.1.6 Regulations
- 15.1.7 Regulatory Bodies
- 15.1.8 Major Associations
- 15.1.9 Taxes Levied
- 15.1.10 Corporate Tax Structure
- 15.1.11 Investments
- 15.1.12 Major Companies
15.2 North America Water Heaters Market, Segmentation By Product Type, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
15.3 North America Water Heaters Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
15.4 North America Water Heaters Market, Segmentation By End User, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
15.5 North America Water Heaters Market: Country Analysis
15.6 USA Market
15.7 Summary
- 15.7.1 Market Overview
- 15.7.2 Country Information
- 15.7.3 Market Information
- 15.7.4 Background Information
- 15.7.5 Government Initiatives
- 15.7.6 Regulations
- 15.7.7 Regulatory Bodies
- 15.7.8 Major Associations
- 15.7.9 Taxes Levied
- 15.7.10 Corporate Tax Structure
- 15.7.11 Investments
- 15.7.12 Major Companies
15.8 USA Water Heaters Market, Segmentation By Product Type, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
15.9 USA Water Heaters Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
15.1 USA Water Heaters Market, Segmentation By End User, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
15.11 Canada Market
15.12 Canada Water Heaters Market, Segmentation By Product Type, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
15.13 Canada Water Heaters Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
15.14 Canada Water Heaters Market, Segmentation By End User, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)

16 South America Market

16.1 Summary
- 16.1.1 Market Overview
- 16.1.2 Region Information
- 16.1.3 Market Information
- 16.1.4 Background Information
- 16.1.5 Government Initiatives
- 16.1.6 Regulations
- 16.1.7 Regulatory Bodies
- 16.1.8 Major Associations
- 16.1.9 Taxes Levied
- 16.1.10 Corporate Tax Structure
- 16.1.11 Investments
- 16.1.12 Major Companies
16.2 South America Water Heaters Market, Segmentation By Product Type, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
16.3 South America Water Heaters Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
16.4 South America Water Heaters Market, Segmentation By End User, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
16.5 South America Water Heaters Market: Country Analysis
16.6 Brazil Market
16.7 Brazil Water Heaters Market, Segmentation By Product Type, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
16.8 Brazil Water Heaters Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
16.9 Brazil Water Heaters Market, Segmentation By End User, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)

17 Middle East Market

17.1 Summary
- 17.1.1 Market Overview
- 17.1.2 Region Information
- 17.1.3 Market Information
- 17.1.4 Background Information
- 17.1.5 Government Initiatives
- 17.1.6 Regulations
- 17.1.7 Regulatory Bodies
- 17.1.8 Major Associations
- 17.1.9 Taxes Levied
- 17.1.10 Corporate Tax Structure
- 17.1.11 Investments
- 17.1.12 Major Companies
17.2 Middle East Water Heaters Market, Segmentation By Product Type, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
17.3 Middle East Water Heaters Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
17.4 Middle East Water Heaters Market, Segmentation By End User, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)

18 Africa Market

18.1 Summary
- 18.1.1 Market Overview
- 18.1.2 Region Information
- 18.1.3 Market Information
- 18.1.4 Background Information
- 18.1.5 Government Initiatives
- 18.1.6 Regulations
- 18.1.7 Regulatory Bodies
- 18.1.8 Major Associations
- 18.1.9 Taxes Levied
- 18.1.10 Corporate Tax Structure
- 18.1.11 Investments
- 18.1.12 Major Companies
18.2 Africa Water Heaters Market, Segmentation By Product Type, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
18.3 Africa Water Heaters Market, Segmentation By Distribution Channel, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
18.4 Africa Water Heaters Market, Segmentation By End User, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)

19 Competitive Landscape and Company Profiles

19.1 Company Profiles
19.2 A. O. Smith Corporation
- 19.2.1 Company Overview
- 19.2.2 Products And Services
- 19.2.3 Business Strategy
- 19.2.4 Financial Overview
19.3 Rinnai Corporation
- 19.3.1 Company Overview
- 19.3.2 Products And Services
- 19.3.3 Business Strategy
- 19.3.4 Financial Overview
19.4 Vaillant Group
- 19.4.1 Company Overview
- 19.4.2 Products And Services
- 19.4.3 Business Strategy
- 19.4.4 Financial Overview
19.5 Rheem Manufacturing Company
- 19.5.1 Company Overview
- 19.5.2 Products And Services
- 19.5.3 Business Strategy
- 19.5.4 Financial Overview
19.6 Ariston Thermo Group
- 19.6.1 Company Overview
- 19.6.2 Products And Services
- 19.6.3 Business Strategy
- 19.6.4 Financial Overview

20 Other Major And Innovative Companies

20.1 Viessmann Group
- 20.1.1 Company Overview
- 20.1.2 Products And Services
20.2 Haier Smart Home Co., Ltd.
- 20.2.1 Company Overview
- 20.2.2 Products And Services
20.3 NORITZ Corporation
- 20.3.1 Company Overview
- 20.3.2 Products And Services
20.4 Bradford White Corporation
- 20.4.1 Company Overview
- 20.4.2 Products And Services
20.5 Robert Bosch GmbH
- 20.5.1 Company Overview
- 20.5.2 Products And Services
20.6 Westinghouse Electric Corporation
- 20.6.1 Company Overview
- 20.6.2 Products And Services
20.7 Havells India Ltd
- 20.7.1 Company Overview
- 20.7.2 Products And Services
20.8 American Water Heaters
- 20.8.1 Company Overview
- 20.8.2 Products And Services
20.9 Lennox International Inc.
- 20.9.1 Company Overview
- 20.9.2 Products And Services
20.1 Daikin
- 20.10.1 Company Overview
- 20.10.2 Products And Services
20.11 Navien, Inc.
- 20.11.1 Company Overview
- 20.11.2 Products And Services
20.12 Andrewes Water Heaters (Baxi Heating)
- 20.12.1 Company Overview
- 20.12.2 Products And Services
20.13 Bajaj Electricals Ltd
- 20.13.1 Company Overview
- 20.13.2 Products And Services
20.14 Kenmore
- 20.14.1 Company Overview
- 20.14.2 Products And Services
20.15 FERROLI S.p.A
- 20.15.1 Company Overview
- 20.15.2 Products And Services

21 Competitive Benchmarking

22 Competitive Dashboard

23 Key Mergers And Acquisitions

23.1 Watts Water Technologies Acquired Josam Company
23.2 Laars Heating Systems Acquired Electro Industries Inc
23.3 Watts Water Technologies Acquired Bradley Corp
23.4 AqueoUS Vets Acquired Dixie Tank Company
23.5 Nudyne Group LLC Acquired Warren Electric Corporation
23.6 Welspun Acquired Sintex
23.7 Enercare Acquired HydroSolution
23.8 A. O. Smith Corporation Acquired Atlantic Filter Corporation Acquired
23.9 Rheem Manufacturing Co Acquired Dejong from Nordian Capital
23.1 Viessmann Group Acquired Pacifica Home Services Ltd. (PHS)
23.11 HEH Holdings LLC Acquired Richmond Engineering Company
23.12 Ariston Group acquired Chromagen
23.13 A.O. Smith Acquired Giant Factories, Inc.
23.14 Rinnai America Corporation Acquired Industrias MASS
23.15 Bradford White Purchased Keltech, Inc. from Bradley Corporation.

24 Opportunities And Strategies

24.1 Global Water Heaters Market In 2028 - Countries Offering Most New Opportunities
24.2 Global Water Heaters Market In 2028 - Segments Offering Most New Opportunities
24.3 Global Water Heaters Market In 2028 - Growth Strategies
- 24.3.1 Market Trend Based Strategies
- 24.3.2 Competitor Strategies

25 Water Heaters Market, Conclusions And Recommendations

25.1 Conclusions
25.2 Recommendations
- 25.2.1 Product
- 25.2.2 Place
- 25.2.3 Price
- 25.2.4 Promotion
- 25.2.5 People

26 Appendix

26.1 Geographies Covered
26.2 Market Data Sources
26.3 Research Methodology
26.4 Currencies
26.5 The Business Research Company
26.6 Copyright and Disclaimer