Commercial Water Heaters - Global Market Outlook (2019 -2027)

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Commercial Water Heaters - Global Market Outlook (2019 -2027)

Global Commercial Water Heaters Market is accounted for $5.02 billion in 2019 and is expected to reach $8.96 billion by 2027 growing at a CAGR of 7.5% during the forecast period. Flourishing global commercial sector, increasing demand for energy-efficient water heaters, and integration of commercial water heaters with new-age technologies are the major factors propelling the market growth. However, factors such as high capital expenditure (CapEx) for development and operational losses in commercial water heaters are hampering the market growth.

The process of transferring heat by making use of a source of energy that is devised to heat water beyond the normal temperature is known water heating. Water heater is one of the traditional devices like cauldrons, kettles and others that are used for water heating domestically. Water heaters provide an uninterrupted supply of hot water. Fossil fuels, nuclear power, renewable powers, solar power and other alternative sources of energy are directly or indirectly used to ensure the functioning of water heaters. Commercial water heaters are used on continuously throughout the day and night and hence deserve special attention and maintenance on a regular basis.

Based on liter, the below 500 liters segment is going to have a lucrative growth during the forecast period owing to its compact and easy installation properties. They provide ample hot water for almost all small commercial applications. Hence, water heaters with this capacity are suitable for low hot water requirement applications in small commercial establishments. Small individual commercial water heaters of below 500 liters capacity are used in the hospitality sector for holiday homes and motels as they ensure interruption-free availability of hot water for bathing, personal laundry, etc. applications.

By geography, Asia Pacific is going to have a lucrative growth during the forecast period due to the increase in use of renewable energy and energy efficient products. Several leading players in the commercial water heaters market such as Rinnai Corporation, A.O. Smith Corporation, RHEEM Manufacturing, and Ariston Thermo have their manufacturing facilities in countries such as China, India, and Malaysia. The region is home to a number of emerging economies such as China, India, Singapore, and Malaysia. These economies are witnessing increased investments in their commercial sectors.

Some of the key players profiled in the Commercial Water Heaters Market include A.O. Smith Corporation, American Standard Water Heaters, Ariston Thermo, Carrier Global, Ferroli, Haier Electronics, Hubbell, Linuo Ritter International, Midea Group, Noritz Corporation, RHEEM Manufacturing Company, Rinnai Corporation, Saudi Ceramics, Solahart Industries, Stiebel Eltron, Thermann, Thermex Corporation, Vaillant Group, Westinghouse Electric Corporation, and Whirlpool.

Products Covered:
• Instant
• Storage

Types Covered:
• Electric
• Oil
• Gas
• Solar
• Hybrid
• Heat Pump
• Other Types 

Rated Capacities Covered:
• 10kW
• 10‒50kW
• 50‒150kW
• 150‒300kW
• Above 300kW

Liters Covered:
• Below 500 Liters
• 500‒1,000 Liters
• 1,000‒3,000 Liters
• 3,000‒4,000 Liters
• Above 4,000 Liters 

Applications Covered:
• College/University
• Government/Military
• Offices
• Residential

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan        
o China        
o India        
o Australia  
o New Zealand
o South Korea
o Rest of Asia Pacific    
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa 
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings: 
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

1 Executive Summary           
             
2 Preface            
 2.1 Abstract           
 2.2 Stake Holders          
 2.3 Research Scope          
 2.4 Research Methodology         
  2.4.1 Data Mining         
  2.4.2 Data Analysis         
  2.4.3 Data Validation         
  2.4.4 Research Approach         
 2.5 Research Sources          
  2.5.1 Primary Research Sources        
  2.5.2 Secondary Research Sources        
  2.5.3 Assumptions         
             
3 Market Trend Analysis          
 3.1 Introduction          
 3.2 Drivers           
 3.3 Restraints          
 3.4 Opportunities          
 3.5 Threats           
 3.6 Product Analysis          
 3.7 Application Analysis         
 3.8 Emerging Markets          
 3.9 Impact of Covid-19          
             
4 Porters Five Force Analysis          
 4.1 Bargaining power of suppliers         
 4.2 Bargaining power of buyers         
 4.3 Threat of substitutes         
 4.4 Threat of new entrants         
 4.5 Competitive rivalry          
             
5 Global Commercial Water Heaters Market, By Product       
 5.1 Introduction          
 5.2 Instant           
 5.3 Storage           
             
6 Global Commercial Water Heaters Market, By Type        
 6.1 Introduction          
 6.2 Electric           
 6.3 Oil           
 6.4 Gas           
  6.4.1 Natural Gas         
  6.4.2 Liquefied Petroleum Gas (LPG)       
 6.5 Solar           
 6.6 Hybrid           
 6.7 Heat Pump          
 6.8 Other Types          
  6.8.1 Bio-fuel          
  6.8.2 Solid Fuel-fired         
             
7 Global Commercial Water Heaters Market, By Rated Capacity       
 7.1 Introduction          
 7.2 10kW           
 7.3 10‒50kW           
 7.4 50‒150kW          
 7.5 150‒300kW          
 7.6 Above 300kW          
             
8 Global Commercial Water Heaters Market, By Liter        
 8.1 Introduction          
 8.2 Below 500 Liters          
 8.3 500‒1,000 Liters          
 8.4 1,000‒3,000 Liters          
 8.5 3,000‒4,000 Liters          
 8.6 Above 4,000 Liters          
             
9 Global Commercial Water Heaters Market, By Application       
 9.1 Introduction          
 9.2 College/University          
 9.3 Government/Military         
 9.4 Offices           
 9.5 Residential          
             
10 Global Commercial Water Heaters Market, By Geography       
 10.1 Introduction          
 10.2 North America          
  10.2.1 US          
  10.2.2 Canada          
  10.2.3 Mexico          
 10.3 Europe           
  10.3.1 Germany          
  10.3.2 UK          
  10.3.3 Italy          
  10.3.4 France          
  10.3.5 Spain          
  10.3.6 Rest of Europe         
 10.4 Asia Pacific          
  10.4.1 Japan          
  10.4.2 China          
  10.4.3 India          
  10.4.4 Australia          
  10.4.5 New Zealand         
  10.4.6 South Korea         
  10.4.7 Rest of Asia Pacific         
 10.5 South America          
  10.5.1 Argentina         
  10.5.2 Brazil          
  10.5.3 Chile          
  10.5.4 Rest of South America        
 10.6 Middle East & Africa         
  10.6.1 Saudi Arabia         
  10.6.2 UAE          
  10.6.3 Qatar          
  10.6.4 South Africa         
  10.6.5 Rest of Middle East & Africa        
             
11 Key Developments           
 11.1 Agreements, Partnerships, Collaborations and Joint Ventures      
 11.2 Acquisitions & Mergers         
 11.3 New Product Launch         
 11.4 Expansions          
 11.5 Other Key Strategies         
             
12 Company Profiling           
 12.1 A.O. Smith Corporation         
 12.2 American Standard Water Heaters        
 12.3 Ariston Thermo          
 12.4 Carrier Global          
 12.5 Ferroli           
 12.6 Haier Electronics          
 12.7 Hubbell           
 12.8 Linuo Ritter International         
 12.9 Midea Group          
 12.10 Noritz Corporation          
 12.11 RHEEM Manufacturing Company        
 12.12 Rinnai Corporation          
 12.13 Saudi Ceramics          
 12.14 Solahart Industries          
 12.15 Stiebel Eltron          
 12.16 Thermann          
 12.17 Thermex Corporation         
 12.18 Vaillant Group          
 12.19 Westinghouse Electric Corporation        
 12.20 Whirlpool     

 

Commercial Water Heaters - Global Market Outlook (2019 -2027)

List of Tables            
Table 1 Global Commercial Water Heaters Market Outlook, By Region (2018-2027) ($MN)     
Table 2 Global Commercial Water Heaters Market Outlook, By Product (2018-2027) ($MN)     
Table 3 Global Commercial Water Heaters Market Outlook, By Instant (2018-2027) ($MN)     
Table 4 Global Commercial Water Heaters Market Outlook, By Storage (2018-2027) ($MN)     
Table 5 Global Commercial Water Heaters Market Outlook, By Type (2018-2027) ($MN)     
Table 6 Global Commercial Water Heaters Market Outlook, By Electric (2018-2027) ($MN)     
Table 7 Global Commercial Water Heaters Market Outlook, By Oil (2018-2027) ($MN)     
Table 8 Global Commercial Water Heaters Market Outlook, By Gas (2018-2027) ($MN)     
Table 9 Global Commercial Water Heaters Market Outlook, By Natural Gas (2018-2027) ($MN)    
Table 10 Global Commercial Water Heaters Market Outlook, By Liquefied Petroleum Gas (LPG) (2018-2027) ($MN)  
Table 11 Global Commercial Water Heaters Market Outlook, By Solar (2018-2027) ($MN)     
Table 12 Global Commercial Water Heaters Market Outlook, By Hybrid (2018-2027) ($MN)     
Table 13 Global Commercial Water Heaters Market Outlook, By Heat Pump (2018-2027) ($MN)    
Table 14 Global Commercial Water Heaters Market Outlook, By Other Types (2018-2027) ($MN)    
Table 15 Global Commercial Water Heaters Market Outlook, By Bio-fuel (2018-2027) ($MN)     
Table 16 Global Commercial Water Heaters Market Outlook, By Solid Fuel-fired (2018-2027) ($MN)    
Table 17 Global Commercial Water Heaters Market Outlook, By Rated Capacity (2018-2027) ($MN)    
Table 18 Global Commercial Water Heaters Market Outlook, By 10kW (2018-2027) ($MN)     
Table 19 Global Commercial Water Heaters Market Outlook, By 10‒50kW (2018-2027) ($MN)     
Table 20 Global Commercial Water Heaters Market Outlook, By 50‒150kW (2018-2027) ($MN)    
Table 21 Global Commercial Water Heaters Market Outlook, By 150‒300kW (2018-2027) ($MN)    
Table 22 Global Commercial Water Heaters Market Outlook, By Above 300kW (2018-2027) ($MN)    
Table 23 Global Commercial Water Heaters Market Outlook, By Liter (2018-2027) ($MN)     
Table 24 Global Commercial Water Heaters Market Outlook, By Below 500 Liters (2018-2027) ($MN)    
Table 25 Global Commercial Water Heaters Market Outlook, By 500‒1,000 Liters (2018-2027) ($MN)    
Table 26 Global Commercial Water Heaters Market Outlook, By 1,000‒3,000 Liters (2018-2027) ($MN)    
Table 27 Global Commercial Water Heaters Market Outlook, By 3,000‒4,000 Liters (2018-2027) ($MN)    
Table 28 Global Commercial Water Heaters Market Outlook, By Above 4,000 Liters (2018-2027) ($MN)    
Table 29 Global Commercial Water Heaters Market Outlook, By Application (2018-2027) ($MN)    
Table 30 Global Commercial Water Heaters Market Outlook, By College/University (2018-2027) ($MN)    
Table 31 Global Commercial Water Heaters Market Outlook, By Government/Military (2018-2027) ($MN)   
Table 32 Global Commercial Water Heaters Market Outlook, By Offices (2018-2027) ($MN)     
Table 33 Global Commercial Water Heaters Market Outlook, By Residential (2018-2027) ($MN)

 

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