Storage Water Heater Market Size, Share, Demand & Trends Analysis Report by 2025

Storage Water Heater Market

Storage Water Heater Market – By Energy Source (Electric and Gas), By Capacity (>400 Liters, 250-400 Liters, 100-250 Liters, 30-100 Liters, and <30 Liters), By Application (Commercial and Residential), and By Region: Global Industry Perspective, Market Size, Statistical Research, Market Intelligence, Comprehensive Analysis, Historical Trends, and Forecasts, 2019–2025

Category: Semiconductor & Electronics Report Format : PDF Pages: 110 Report Code: ZMR-5284 Published Date: Feb-2020 Status : Published
Market Size in 2019 Market Forecast in 2025 CAGR (in %) Base Year
USD 9 Billion USD xx Billion 5% 2019

The Global Storage Water Heater Market Size was worth around USD 9 Billion in 2019 and is predicted to grow to around USD xx Million 2025 with a compound annual growth rate (CAGR) of roughly 5% between 2020 and 2025.

This report analyzes and estimates the storage water heater market at global, regional, and country level. The research study provides historic data from 2015 to 2019 along with the forecast from 2020 to 2025 based on revenue (USD Billion). The report offers detailed insights of the storage water heater market drivers and restraints along with their impact analysis at a global level from 2015 to 2025.

The report covers an in-depth analysis of the strategies adopted by major competitors in the global storage water heater market. To understand the competitive landscape in the storage water heater market, an analysis of Porter’s Five Forces model is also included. The research study comprises of market attractiveness analysis, wherein all the segments are benchmarked on the basis of their market size and growth rate.

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The research study provides a decisive view on the global storage water heater market based on energy source, capacity, application, and region. All the segments of the market have been analyzed based on the past, present, and future trends. The market is estimated from 2019 to 2025.

The global storage water heater market is driven due to some key upgradations in the products such as huge water storage capacity, an optimum regulation of water pressure, and multi-usage points. Moreover, the reasonable market value of such consumer goods along with the ease in installing and operating storage water heaters also surges the global market growth.

Various giant business landscapes, such as restaurants, malls, and hotels, are planning to replace their pre-installed conventional heating units with advanced energy-efficient units, thereby flourishing the global water heater market. Stringent norms imposed by different governing bodies to combat the rising CO2 emission are also driving the demand for the latest storage water heaters.

The report comprehensively segments the global storage water heater market based on energy source, capacity, application, and region. By energy source, the global industry is segmented into electric and gas. Based on capacity, the global market is bifurcated into >400 liters, 250-400 liters, 100-250 liters, 30-100 liters, and <30 liters. Application-wise, the sector is classified into commercial and residential.

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Report Attributes Report Details
Report Name Storage Water Heater Market Research Report
Market Size in 2019 USD 9 Billion
Market Forecast in 2025 USD xx Million
Growth Rate CAGR of 5%
Number of Pages 110
Key Companies Covered Saudi Ceramics, Viessmann Group, A.O. Smith, General Electric Appliances, Whirlpool Corporation, Havells India Limited, State Water Heaters, Nihon Itomic, Bosch Thermotechnology, Racold, Jaquar Group, Rheem Manufacturing Company, Ariston thermo, Linuo Ritter International, Ferroli, Groupe Atlantic, Rinnai Corporation, Hubbell Inc., Bradford White Corporation, Vaillant Group, and Haier Group Corporation. and among others.
Segments Covered By Energy, By Capacity, By Application, And By Region
Regions Covered North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA)
Base Year 2019
Historical Year 2017 to 2019
Forecast Year 2020 - 2025
Customization Scope Avail customized purchase options to meet your exact research needs. Request For Customization

The regional segmentation comprises the past, present, and estimated demand for the Middle East & Africa, North America, Asia Pacific, Latin America, and Europe. The regional segment is further split into the U.S., Canada, Mexico, UK, France, Germany, China, Japan, India, South Korea, Brazil, and Argentina among others.

Some of the leading players in the global market include

  • Saudi Ceramics
  • Viessmann Group
  • A.O. Smith
  • General Electric Appliances
  • Whirlpool Corporation
  • Havells India Limited
  • State Water Heaters
  • Nihon Itomic
  • Bosch Thermotechnology
  • Racold
  • Jaquar Group
  • Rheem Manufacturing Company
  • Ariston thermo
  • Linuo Ritter International
  • Ferroli
  • Groupe Atlantic
  • Rinnai Corporation
  • Hubbell Inc.
  • Bradford White Corporation
  • Vaillant Group
  • Haier Group Corporation.

The global storage water heater market is segmented as:

By Energy Source Segmentation Analysis

  • Electric
  • Gas
    • LPG
    • Natural Gas

By Capacity Segmentation Analysis

  • >400 Liters
  • 250-400 Liters
  • 100-250 Liters
  • 30-100 Liters
  • <30 Liters

By Application Segmentation Analysis

  • Commercial
    • College/University
    • Government/Military
    • Offices
    • Others
  • Residential

By Regional Segmentation Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

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