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Gas Water Heater Market, by Product (Instant, Storage), Project Type (Natural Gas, LPG), Complexity (<30 Liters, 30-100 Liters, 100-250 Liters, 250-400 Liters, >400 Liters), Water Depth (Residential, Commercial, College/University, Offices, Government/Military, Others): Global Opportunity Analysis and Industry Forecast, 2020-2027

EN20113648

Pages: 662

Mar 2023

The global gas water heater market is estimated to surpass $11,760.2 million by 2027, exhibiting a CAGR of 6.7% from 2020 to 2027.

The report provides all-inclusive analysis of global gas water heater market with comprehensive study of the various facets of the market including market dynamics, major segments and regions, top leading players, and competitive landscape.

The report emphasizes current market scenario and future trends of the global gas water heater market which gleaned from the impact of various market dynamics such as drivers, challenges & restraints, lucrative opportunities. The report also highlights the key forces that are shaping the market. Besides, the report provides Porter’s five forces analysis which precisely underlines the impact of key forces on the global gas water heater market.

In addition, the report provides market size and forecast scrutinizing global gas water heater market through different segments. The report highlights the geographical market analysis of these segments and each segment is thoroughly studied at regional as well as country level to get clearer picture of the global gas water heater market. In the report, the global gas water heater market is divided into four major regions including North America, Europe, Asia-Pacific, and LAMEA. These regions are further divided into major countries to cover gas water heater market landscape in respective regions.

Furthermore, competitive scenario of the global gas water heater market is covered in the report. Major players functioning in the global gas water heater market are also studied to understand their position and competitive strengths in the industry. The major company profiles covered in the report include various company’s datum such as brief overview, recent financials, main executives, adoption of key growth strategies, novel advancements or initiatives to sustain and expand their position in the global gas water heater market, and others.

Research Methodology

Research Dive offers its clients extensive research and analysis gleaned from wide variety of factual inputs that largely includes interview with participants of the industry, reliable data & statistics, and regional intelligence. The in-house experts of the industry play a crucial role in designing analytic tools and models, tailor-made to the requests of an industry segment. The data and statistics are sterilized with these analytical tools and models, which enhances the accuracy of our advice and recommendations.

This research report is delivered by Research Dive by conducting long hours of discussions and interviews, with a broad range of stakeholders, which includes upstream and downstream participants. Our analysts have performed a mix of primary and secondary research for the market estimations and forecasts. A number of product type literatures, industry releases, annual reports, and other related documents of major participants of the industry have been reviewed, to better understand the global gas water heater market scenario. The initial phase of our in-depth study, where we perform wide-range data mining, referring to proficient & verified data sources such as independent studies, medical journals, technical journals, releases by trade association, materials published by government & regulatory authorities, and other.

KEY MARKET BENEFITS

  • This report is a compilation of detailed study, information, valid inputs from industry experts & industry participants across the value chain, and quantitative & qualitative assessment by analysts of the industry.
  • The report provides a comprehensive analysis along with the current trends of market during the forecast period from 2019 to 2027 to identify & comprehend the prevailing opportunities and the strategic assessment of the global gas water heater market growth.
  • The report studies the market from 2019 to 2027 and maps the qualitative impact of several industry factors on market segments as well as geographies.
  • The report provides market estimations and size which is based on in-depth analysis of recent & key developments in the gas water heater market.
  • The development strategies implemented by the key industry players are conscripted in the report to understand the competitive scenario of the global gas water heater market.

KEY MARKET SEGMENTS

The market has been studied based on the following segments:

  • Product: Instant, Storage
  • Project Type: Natural Gas, LPG
  • Complexity: <30 Liters, 30-100 Liters, 100-250 Liters, 250-400 Liters, >400 Liters
  • Water Depth: Residential, Commercial, College/University, Offices, Government/Military, Others

Region:

The global gas water heater market is divided into North America, Europe, Asia Pacific, and LAMEA.

The above-mentioned regions are further dived in countries as follows:

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Spain
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • Japan
    • China
    • India
    • Australia
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Brazil
    • Argentina
    • Saudi Arabia
    • South Africa
    • UAE
    • Rest of LAMEA

 

KEY MARKET PLAYERS

The report covers the major players operating in the global gas water heater market that focus on advancements & innovations and geographical expansion of product portfolios to obtain a competitive edge in the market space. The major players enlisted in the report include Racold, Bosch Thermotechnology, State Water Heaters, Whirlpool Corporation, …., and others.

The report summarizes various aspects of all these key players that include as follows:

    1. A.O Smith

    2. Lennox

    3. BDR Thermea Group

    4. Ariston Thermo

    5. Bradford White Corporation

    6. Haier Electronics

    7. Bosch Thermotechnology

    8. Racold

    9. Whirlpool Corporation

    10. Rinnai Corporation

    11. Rheem Manufacturing

    12. Ferroli

    13. Hubbell Electric Heater Company

    14. Havells India Limited

    15. State Water Heaters

    16. American Standard Water Heaters

    17. HTP Comfort Solutions

    18. Parker Boiler Company

    19. Vaillant Group

    20. Westinghouse Electric Corporation and Noritz Corporation

  • 1. RESEARCH METHODOLOGY

    • 1.1. Desk Research

    • 1.2. Real time insights and validation

    • 1.3. Forecast model

    • 1.4. Assumptions and forecast parameters

    • 1.5. Market size estimation

      • 1.5.1. Top-down approach

      • 1.5.2. Bottom-up approach

  • 2. REPORT SCOPE

    • 2.1. Market definition

    • 2.2. Key objectives of the study

    • 2.3. Report overview

    • 2.4. Market segmentation

    • 2.5. Overview of the impact of COVID-19 on Global Gas Water Heater Market

  • 3. EXECUTIVE SUMMARY

  • 4. MARKET OVERVIEW

    • 4.1. Introduction

    • 4.2. Growth impact forces

      • 4.2.1. Drivers

      • 4.2.2. Restraints

      • 4.2.3. Opportunities

    • 4.3. Market value chain analysis

      • 4.3.1. List of raw material suppliers

      • 4.3.2. List of manufacturers

      • 4.3.3. List of distributors

    • 4.4. Innovation & sustainability matrices

      • 4.4.1. Technology matrix

      • 4.4.2. Regulatory matrix

    • 4.5. Porter’s five forces analysis

      • 4.5.1. Bargaining power of suppliers

      • 4.5.2. Bargaining power of consumers

      • 4.5.3. Threat of substitutes

      • 4.5.4. Threat of new entrants

      • 4.5.5. Competitive rivalry intensity

    • 4.6. PESTLE analysis

      • 4.6.1. Political

      • 4.6.2. Economical

      • 4.6.3. Social

      • 4.6.4. Technological

      • 4.6.5. Environmental

    • 4.7. Impact of COVID-19 on Gas Water Heater Market

      • 4.7.1. Pre-covid market scenario

      • 4.7.2. Post-covid market scenario

  • 5. Gas Water Heater Market, By Product

    • 5.1. Overview

    • 5.2 Instant

      • 5.2.1 Definition, key trends, growth factors, and opportunities

      • 5.2.2 Market size analysis, by region, 2020-2027

      • 5.2.3 Market share analysis, by country, 2020-2027

    • 5.3 Storage

      • 5.3.1 Definition, key trends, growth factors, and opportunities

      • 5.3.2 Market size analysis, by region, 2020-2027

      • 5.3.3 Market share analysis, by country, 2020-2027

    • 5.4 Research Dive Exclusive Insights

      • 5.4.1 Market attractiveness

      • 5.4.2 Competition heatmap

  • 6. Gas Water Heater Market, By Project Type

    • 6.1. Overview

    • 6.2 Natural Gas

      • 6.2.1 Definition, key trends, growth factors, and opportunities

      • 6.2.2 Market size analysis, by region, 2020-2027

      • 6.2.3 Market share analysis, by country, 2020-2027

    • 6.3 LPG

      • 6.3.1 Definition, key trends, growth factors, and opportunities

      • 6.3.2 Market size analysis, by region, 2020-2027

      • 6.3.3 Market share analysis, by country, 2020-2027

    • 6.4 Research Dive Exclusive Insights

      • 6.4.1 Market attractiveness

      • 6.4.2 Competition heatmap

  • 7. Gas Water Heater Market, By Complexity

    • 7.1. Overview

    • 7.2 <30 Liters

      • 7.2.1 Definition, key trends, growth factors, and opportunities

      • 7.2.2 Market size analysis, by region, 2020-2027

      • 7.2.3 Market share analysis, by country, 2020-2027

    • 7.3 30-100 Liters

      • 7.3.1 Definition, key trends, growth factors, and opportunities

      • 7.3.2 Market size analysis, by region, 2020-2027

      • 7.3.3 Market share analysis, by country, 2020-2027

    • 7.4 100-250 Liters

      • 7.4.1 Definition, key trends, growth factors, and opportunities

      • 7.4.2 Market size analysis, by region, 2020-2027

      • 7.4.3 Market share analysis, by country, 2020-2027

    • 7.5 250-400 Liters

      • 7.5.1 Definition, key trends, growth factors, and opportunities

      • 7.5.2 Market size analysis, by region, 2020-2027

      • 7.5.3 Market share analysis, by country, 2020-2027

    • 7.6 >400 Liters

      • 7.6.1 Definition, key trends, growth factors, and opportunities

      • 7.6.2 Market size analysis, by region, 2020-2027

      • 7.6.3 Market share analysis, by country, 2020-2027

    • 7.7 Research Dive Exclusive Insights

      • 7.7.1 Market attractiveness

      • 7.7.2 Competition heatmap

  • 8. Gas Water Heater Market, BY WATER DEPTH

    • 8.1. Overview

    • 8.2 Residential

      • 8.2.1 Definition, key trends, growth factors, and opportunities

      • 8.2.2 Market size analysis, by region, 2020-2027

      • 8.2.3 Market share analysis, by country, 2020-2027

    • 8.3 Commercial

      • 8.3.1 Definition, key trends, growth factors, and opportunities

      • 8.3.2 Market size analysis, by region, 2020-2027

      • 8.3.3 Market share analysis, by country, 2020-2027

    • 8.4 College/University

      • 8.4.1 Definition, key trends, growth factors, and opportunities

      • 8.4.2 Market size analysis, by region, 2020-2027

      • 8.4.3 Market share analysis, by country, 2020-2027

    • 8.5 Offices

      • 8.5.1 Definition, key trends, growth factors, and opportunities

      • 8.5.2 Market size analysis, by region, 2020-2027

      • 8.5.3 Market share analysis, by country, 2020-2027

    • 8.6 Government/Military

      • 8.6.1 Definition, key trends, growth factors, and opportunities

      • 8.6.2 Market size analysis, by region, 2020-2027

      • 8.6.3 Market share analysis, by country, 2020-2027

    • 8.7 Others

      • 8.7.1 Definition, key trends, growth factors, and opportunities

      • 8.7.2 Market size analysis, by region, 2020-2027

      • 8.7.3 Market share analysis, by country, 2020-2027

    • 8.8 Research Dive Exclusive Insights

      • 8.8.1 Market attractiveness

      • 8.8.2 Competition heatmap

  • 9. Gas Water Heater Market, By Region

    • 9.1 North America

      • 9.1.1 U.S

        • 9.1.1.1 Market size analysis, By Product, 2020-2027

        • 9.1.1.2 Market size analysis, By Project Type, 2020-2027

        • 9.1.1.3 Market size analysis, By Complexity , 2020-2027

        • 9.1.1.4 Market size analysis, BY WATER DEPTH, 2020-2027

      • 9.1.2 Canada

        • 9.1.2.1 Market size analysis, By Product, 2020-2027

        • 9.1.2.2 Market size analysis, By Project Type, 2020-2027

        • 9.1.2.3 Market size analysis, By Complexity , 2020-2027

        • 9.1.2.4 Market size analysis, BY WATER DEPTH, 2020-2027

      • 9.1.3 Mexico

        • 9.1.3.1 Market size analysis, By Product, 2020-2027

        • 9.1.3.2 Market size analysis, By Project Type, 2020-2027

        • 9.1.3.3 Market size analysis, By Complexity , 2020-2027

        • 9.1.3.4 Market size analysis, BY WATER DEPTH, 2020-2027

      • 9.1.4 Research Dive Exclusive Insights

        • 9.1.4.1 Market attractiveness

        • 9.1.4.2 Competition heatmap

    • 9.2 Europe

      • 9.2.1 Germany

        • 9.2.1.1 Market size analysis, By Product, 2020-2027

        • 9.2.1.2 Market size analysis, By Project Type, 2020-2027

        • 9.2.1.3 Market size analysis, By Complexity , 2020-2027

        • 9.2.1.4 Market size analysis, BY WATER DEPTH, 2020-2027

      • 9.2.2 UK

        • 9.2.2.1 Market size analysis, By Product, 2020-2027

        • 9.2.2.2 Market size analysis, By Project Type, 2020-2027

        • 9.2.2.3 Market size analysis, By Complexity , 2020-2027

        • 9.2.2.4 Market size analysis, BY WATER DEPTH, 2020-2027

      • 9.2.3 France

        • 9.2.3.1 Market size analysis, By Product, 2020-2027

        • 9.2.3.2 Market size analysis, By Project Type, 2020-2027

        • 9.2.3.3 Market size analysis, By Complexity , 2020-2027

        • 9.2.3.4 Market size analysis, BY WATER DEPTH, 2020-2027

      • 9.2.4 Spain

        • 9.2.4.1 Market size analysis, By Product, 2020-2027

        • 9.2.4.2 Market size analysis, By Project Type, 2020-2027

        • 9.2.4.3 Market size analysis, By Complexity , 2020-2027

        • 9.2.4.4 Market size analysis, BY WATER DEPTH, 2020-2027

      • 9.2.5 Italy

        • 9.2.5.1 Market size analysis, By Product, 2020-2027

        • 9.2.5.2 Market size analysis, By Project Type, 2020-2027

        • 9.2.5.3 Market size analysis, By Complexity , 2020-2027

        • 9.2.5.4 Market size analysis, BY WATER DEPTH, 2020-2027

      • 9.2.6 Rest of Europe

        • 9.2.6.1 Market size analysis, By Product, 2020-2027

        • 9.2.6.2 Market size analysis, By Project Type, 2020-2027

        • 9.2.6.3 Market size analysis, By Complexity , 2020-2027

        • 9.2.6.4 Market size analysis, BY WATER DEPTH, 2020-2027

      • 9.2.7 Research Dive Exclusive Insights

        • 9.2.7.1 Market attractiveness

        • 9.2.7.2 Competition heatmap

    • 9.3 Asia-Pacific

      • 9.3.1 China

        • 9.3.1.1 Market size analysis, By Product, 2020-2027

        • 9.3.1.2 Market size analysis, By Project Type, 2020-2027

        • 9.3.1.3 Market size analysis, By Complexity , 2020-2027

        • 9.3.1.4 Market size analysis, BY WATER DEPTH, 2020-2027

      • 9.3.2 Japan

        • 9.3.2.1 Market size analysis, By Product, 2020-2027

        • 9.3.2.2 Market size analysis, By Project Type, 2020-2027

        • 9.3.2.3 Market size analysis, By Complexity , 2020-2027

        • 9.3.2.4 Market size analysis, BY WATER DEPTH, 2020-2027

      • 9.3.3 India

        • 9.3.3.1 Market size analysis, By Product, 2020-2027

        • 9.3.3.2 Market size analysis, By Project Type, 2020-2027

        • 9.3.3.3 Market size analysis, By Complexity , 2020-2027

        • 9.3.3.4 Market size analysis, BY WATER DEPTH, 2020-2027

      • 9.3.4 Australia

        • 9.3.4.1 Market size analysis, By Product, 2020-2027

        • 9.3.4.2 Market size analysis, By Project Type, 2020-2027

        • 9.3.4.3 Market size analysis, By Complexity , 2020-2027

        • 9.3.4.4 Market size analysis, BY WATER DEPTH, 2020-2027

      • 9.3.5 South Korea

        • 9.3.5.1 Market size analysis, By Product, 2020-2027

        • 9.3.5.2 Market size analysis, By Project Type, 2020-2027

        • 9.3.5.3 Market size analysis, By Complexity , 2020-2027

        • 9.3.5.4 Market size analysis, BY WATER DEPTH, 2020-2027

      • 9.3.6 Rest of Asia-Pacific

        • 9.3.6.1 Market size analysis, By Product, 2020-2027

        • 9.3.6.2 Market size analysis, By Project Type, 2020-2027

        • 9.3.6.3 Market size analysis, By Complexity , 2020-2027

        • 9.3.6.4 Market size analysis, BY WATER DEPTH, 2020-2027

      • 9.3.7 Research Dive Exclusive Insights

        • 9.3.7.1 Market attractiveness

        • 9.3.7.2 Competition heatmap

    • 9.4 LAMEA

      • 9.4.1 Brazil

        • 9.4.1.1 Market size analysis, By Product, 2020-2027

        • 9.4.1.2 Market size analysis, By Project Type, 2020-2027

        • 9.4.1.3 Market size analysis, By Complexity , 2020-2027

        • 9.4.1.4 Market size analysis, BY WATER DEPTH, 2020-2027

      • 9.4.2 Saudi Arabia

        • 9.4.2.1 Market size analysis, By Product, 2020-2027

        • 9.4.2.2 Market size analysis, By Project Type, 2020-2027

        • 9.4.2.3 Market size analysis, By Complexity , 2020-2027

        • 9.4.2.4 Market size analysis, BY WATER DEPTH, 2020-2027

      • 9.4.3 UAE

        • 9.4.3.1 Market size analysis, By Product, 2020-2027

        • 9.4.3.2 Market size analysis, By Project Type, 2020-2027

        • 9.4.3.3 Market size analysis, By Complexity , 2020-2027

        • 9.4.3.4 Market size analysis, BY WATER DEPTH, 2020-2027

      • 9.4.4 South Africa

        • 9.4.4.1 Market size analysis, By Product, 2020-2027

        • 9.4.4.2 Market size analysis, By Project Type, 2020-2027

        • 9.4.4.3 Market size analysis, By Complexity , 2020-2027

        • 9.4.4.4 Market size analysis, BY WATER DEPTH, 2020-2027

      • 9.4.5 Rest of LAMEA

        • 9.4.5.1 Market size analysis, By Product, 2020-2027

        • 9.4.5.2 Market size analysis, By Project Type, 2020-2027

        • 9.4.5.3 Market size analysis, By Complexity , 2020-2027

        • 9.4.5.4 Market size analysis, BY WATER DEPTH, 2020-2027

      • 9.4.6 Research Dive Exclusive Insights

        • 9.4.6.1 Market attractiveness

        • 9.4.6.2 Competition heatmap

  • 10. Competitive Landscape

    • 10.1 Top winning strategies, 2020-2027

      • 10.1.1 By strategy

      • 10.1.2 By year

    • 10.2 Strategic overview

    • 10.3 Market share analysis, 2020-2027

  • 11. Company Profiles

    • 11.1 A.O Smith

      • 11.1.1 Overview

      • 11.1.2 Business segments

      • 11.1.3 Product portfolio

      • 11.1.4 Financial performance

      • 11.1.5 Recent developments

      • 11.1.6 SWOT analysis

    • 11.2 Lennox

      • 11.2.1 Overview

      • 11.2.2 Business segments

      • 11.2.3 Product portfolio

      • 11.2.4 Financial performance

      • 11.2.5 Recent developments

      • 11.2.6 SWOT analysis

    • 11.3 BDR Thermea Group

      • 11.3.1 Overview

      • 11.3.2 Business segments

      • 11.3.3 Product portfolio

      • 11.3.4 Financial performance

      • 11.3.5 Recent developments

      • 11.3.6 SWOT analysis

    • 11.4 Ariston Thermo

      • 11.4.1 Overview

      • 11.4.2 Business segments

      • 11.4.3 Product portfolio

      • 11.4.4 Financial performance

      • 11.4.5 Recent developments

      • 11.4.6 SWOT analysis

    • 11.5 Bradford White Corporation

      • 11.5.1 Overview

      • 11.5.2 Business segments

      • 11.5.3 Product portfolio

      • 11.5.4 Financial performance

      • 11.5.5 Recent developments

      • 11.5.6 SWOT analysis

    • 11.6 Haier Electronics

      • 11.6.1 Overview

      • 11.6.2 Business segments

      • 11.6.3 Product portfolio

      • 11.6.4 Financial performance

      • 11.6.5 Recent developments

      • 11.6.6 SWOT analysis

    • 11.7 Bosch Thermotechnology

      • 11.7.1 Overview

      • 11.7.2 Business segments

      • 11.7.3 Product portfolio

      • 11.7.4 Financial performance

      • 11.7.5 Recent developments

      • 11.7.6 SWOT analysis

    • 11.8 Racold

      • 11.8.1 Overview

      • 11.8.2 Business segments

      • 11.8.3 Product portfolio

      • 11.8.4 Financial performance

      • 11.8.5 Recent developments

      • 11.8.6 SWOT analysis

    • 11.9 Whirlpool Corporation

      • 11.9.1 Overview

      • 11.9.2 Business segments

      • 11.9.3 Product portfolio

      • 11.9.4 Financial performance

      • 11.9.5 Recent developments

      • 11.9.6 SWOT analysis

    • 11.10 Rinnai Corporation

      • 11.10.1 Overview

      • 11.10.2 Business segments

      • 11.10.3 Product portfolio

      • 11.10.4 Financial performance

      • 11.10.5 Recent developments

      • 11.10.6 SWOT analysis

    • 11.11 Rheem Manufacturing

      • 11.11.1 Overview

      • 11.11.2 Business segments

      • 11.11.3 Product portfolio

      • 11.11.4 Financial performance

      • 11.11.5 Recent developments

      • 11.11.6 SWOT analysis

    • 11.12 Ferroli

      • 11.12.1 Overview

      • 11.12.2 Business segments

      • 11.12.3 Product portfolio

      • 11.12.4 Financial performance

      • 11.12.5 Recent developments

      • 11.12.6 SWOT analysis

    • 11.13 Hubbell Electric Heater Company

      • 11.13.1 Overview

      • 11.13.2 Business segments

      • 11.13.3 Product portfolio

      • 11.13.4 Financial performance

      • 11.13.5 Recent developments

      • 11.13.6 SWOT analysis

    • 11.14 Havells India Limited

      • 11.14.1 Overview

      • 11.14.2 Business segments

      • 11.14.3 Product portfolio

      • 11.14.4 Financial performance

      • 11.14.5 Recent developments

      • 11.14.6 SWOT analysis

    • 11.15 State Water Heaters

      • 11.15.1 Overview

      • 11.15.2 Business segments

      • 11.15.3 Product portfolio

      • 11.15.4 Financial performance

      • 11.15.5 Recent developments

      • 11.15.6 SWOT analysis

    • 11.16 American Standard Water Heaters

      • 11.16.1 Overview

      • 11.16.2 Business segments

      • 11.16.3 Product portfolio

      • 11.16.4 Financial performance

      • 11.16.5 Recent developments

      • 11.16.6 SWOT analysis

    • 11.17 HTP Comfort Solutions

      • 11.17.1 Overview

      • 11.17.2 Business segments

      • 11.17.3 Product portfolio

      • 11.17.4 Financial performance

      • 11.17.5 Recent developments

      • 11.17.6 SWOT analysis

    • 11.18 Parker Boiler Company

      • 11.18.1 Overview

      • 11.18.2 Business segments

      • 11.18.3 Product portfolio

      • 11.18.4 Financial performance

      • 11.18.5 Recent developments

      • 11.18.6 SWOT analysis

    • 11.19 Vaillant Group

      • 11.19.1 Overview

      • 11.19.2 Business segments

      • 11.19.3 Product portfolio

      • 11.19.4 Financial performance

      • 11.19.5 Recent developments

      • 11.19.6 SWOT analysis

    • 11.20 Westinghouse Electric Corporation and Noritz Corporation

      • 11.20.1 Overview

      • 11.20.2 Business segments

      • 11.20.3 Product portfolio

      • 11.20.4 Financial performance

      • 11.20.5 Recent developments

      • 11.20.6 SWOT analysis

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