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市場調查報告書
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1854497

熱水器市場按能源來源、安裝類型、容量、最終用途、分銷管道和安裝類型分類－2025-2032年全球預測

Water Heater Market by Energy Source, Installation Type, Capacity, End Use, Distribution Channel, Installation Type - Global Forecast 2025-2032
出版日期: | 出版商: 360iResearch | 英文 180 Pages | 商品交期: 最快1-2個工作天內

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※ 本網頁內容可能與最新版本有所差異。詳細情況請與我們聯繫。

預計到 2032 年，熱水器市場規模將成長 393.8 億美元，複合年成長率為 5.67%。

主要市場統計數據
基準年 2024 253.2億美元
預計年份：2025年 266.3億美元
預測年份：2032年 393.8億美元
複合年成長率 (%) 5.67%

為決策者提供熱水器生態系統中影響產品設計、採購重點和營運韌性的各種因素的策略方向

熱水供應產業正處於曲折點，技術變革、監管力度和終端用戶優先事項正在再形成住宅、商業和工業領域的投資和營運選擇。

本文概述了影響產品設計、供應鏈架構和通路策略的關鍵因素，重點在於闡述了能源來源演變、安裝方式和產能規劃如何影響資本配置和生命週期成本考量。此外，本文還將討論置於政策主導的加速脫碳、家用電子電器產品數位化以及建築公司、設施管理人員和電力公司採購行為演變的大背景下。其目的是幫助企業領導者清晰了解競爭動態，並確定決定中短期韌性和成長的關鍵策略槓桿。

關鍵的競爭趨勢正在重新定義產品技術選擇、數位整合和供應鏈策略，產業領導者必須優先考慮這些因素才能保持競爭力。

市場正在經歷變革性的變化，這不僅反映了漸進式的技術創新，更反映了熱水產生、控制和輸送方式的系統性重組。

隨著公用事業公司和監管機構獎勵低碳解決方案，電氣化進程正在加快，這推動了人們對電阻式和熱泵技術的興趣。同時，對更高效率和按需供電的需求日益成長，使得無水箱式熱水器更具吸引力，而整合式太陽能熱系統和光伏系統在擁有支援性獎勵機制的地區也越來越受歡迎。數位化連接透過遠端監控、預測性維護和智慧需量反應能力再形成了價值提案，為基於服務的收入模式和與電網管理更緊密的整合創造了機會。供應鏈策略也在不斷演變。製造商和經銷商優先考慮零件本地化、策略性庫存佈局和供應商組合多元化，以降低地緣政治和物流風險。最後，隨著嚴格的建築規範和公用事業公司的補貼計劃加快了傳統設備的更換週期，製造商和安裝商正在圍繞改造解決方案和模組化產品線進行創新，以降低安裝複雜性和整體擁有成本。

關稅引發的供應和投入成本波動如何迫使製造商和經銷商重組採購、定價和生產力計畫以維持淨利率。

關稅動態引入了相當多的策略不確定性，這種不確定性會波及到熱水器供應鏈中的採購、定價和投資決策。

當關稅影響鋼鐵、鋁、壓縮機、電子控制裝置和太陽能組件等原料時，製造商面臨雙重挑戰：既要保護淨利率，也要維持終端客戶的競爭力價格分佈。事實上，許多公司正在加速供應鏈多元化，尋求近岸製造方案，並投資於產品重新設計，以減少對受限或加徵關稅原料的依賴。定價策略也變得更加精細，結合了選擇性成本吸收、針對高級產品進行有針對性的價格調整，以及與通路合作夥伴更緊密的合作以維持需求彈性。在關稅框架穩定之前，各公司正在推遲或逐步擴大產能，同時探索策略夥伴關係和長期採購協議，以確保獲得有利的條款。各公司正在強調靈活的生產線、模組化的產品架構和資料主導的採購方式，以便在不影響服務水準或合規義務的前提下，快速應對關稅變化。

詳細的細分市場情報揭示了能源來源差異化、選址、容量等級、終端用戶需求、管道和更換動態如何影響產品策略。

細分訊號為根據個體需求特徵和監管環境客製化產品策略和市場推廣方案提供了棱鏡。能源來源細分突顯了多樣化的管道。在電網脫碳和公用事業獎勵相契合的地區，電力系統更具吸引力；在天然氣成本低廉且擁有傳統天然氣基礎設施的地區，天然氣仍然具有重要意義；熱泵系統則以滿足提高效率和實現脫碳目標為目標；而太陽能方案在屋頂和熱整合經濟效益良好的地區越來越受歡迎。當需要簡單性、冗餘性和大容量緩衝時，儲存槽通常是首選；而無水箱解決方案則在空間受限的安裝和優先考慮降低待機損耗的即用型部署中表現出色。容量細分突顯了不同應用場景的需求模式有顯著差異。 50加侖以下的配置適用於小型住宅單元和即用型應用，而50-100加侖的產品則滿足大型多用戶住宅和商業設施的需求。容量超過 100 加侖的產品能夠滿足大型設施和工業流程的需求，在這些領域，持續的吞吐量至關重要。終端用戶細分凸顯了不同的採購週期和效能要求。住宅用戶優先考慮安裝便利性、可靠性和生命週期成本，而工業和商業用戶則強調運作、可維護性以及符合安全和效率標準。在商業領域，醫療保健、飯店和機構等細分市場在冗餘、法規遵循和尖峰需求方面各有其獨特的限制。分銷通路細分反映了不斷變化的買家行為和物流模式。雖然線下管道仍然主導著需要本地技術專長和現場服務的複雜計劃，但線上管道（包括製造商網站和第三方電子商務平台）在標準化設備、備件和快速補貨方面的重要性日益凸顯。最後，安裝情況（全新安裝或更換）將影響產品規格和售後市場設計，更換市場更注重改造相容性、簡化試運行和診斷支持，以最大限度地減少更換期間的停機時間。

世界不同地區的區域政策框架、基礎設施狀況、製造業佈局和公用事業項目如何決定招募管道和競爭策略

區域動態正以截然不同的方式塑造技術採納管道和競爭策略，這取決於政策框架、能源結構和基礎設施成熟度。在美洲，市場環境的差異導致製造商必須同時支援舊有系統和新興的電力或熱泵產品組合，一些地區電氣化勢頭強勁，而另一些地區則天然氣滲透率很高。在某些地區，監管工具和獎勵計劃正在加速維修和公用事業主導的更換項目，這反過來又影響供應商如何建立其返利產品組合和安裝商網路。

歐洲、中東和非洲的能源格局錯綜複雜。嚴格的排放目標和雄心勃勃的能源效率標準推動了歐洲許多市場對熱泵和電力解決方案的快速採用，而中東和非洲市場的需求則呈現出異質性，這主要受電網穩定性、燃料供應以及分散式太陽能投資等因素的影響。已開發國家的政策和合規性推動了產品認證、噪音和能源效率標籤的製定，以及與建築能源管理系統的整合。在全部區域，貿易政策、基礎設施建設和資金可用性之間的相互作用正在影響著能源解決方案的普及曲線和售後服務模式。

亞太地區是製造業產能和快速應用領域的中心，多個經濟體優先發展電氣化、滿足都市化帶來的居民需求以及推動太陽能併網。在整個亞太地區，供應鏈的密集化和零件的專業化為本地企業創造了優勢，而部分市場勞動力和投入成本的上升則推動了自動化和價值鏈最佳化。跨境貿易動態和區域貿易協定進一步影響採購決策和前置作業時間，進而影響庫存策略和經銷商關係。

市場參與企業向整合數位服務、維修解決方案和軟性製造領域採取的策略性舉措

主要企業正趨於採取一系列策略性應對措施，旨在保護盈利並拓展核心產品銷售以外的潛在市場機會。這些企業正投資於兼顧傳統技術與高效節能家電和熱泵的產品系列，同時加速開發便於改造升級的機型，以滿足更換需求。此外，他們還優先發展數位化能力，引入遠距離診斷，並開發訂閱式服務，以加深客戶關係並創造持續的收入來源。

在商業方面，供應商正加強與工程採購和建設公司、設施管理公司以及電力公司的夥伴關係，以確保簽訂長期服務協議，並將設備納入更廣泛的節能計畫。同時，各公司正透過模組化生產線和策略供應商協議最佳化其生產佈局，以降低單一來源風險。在分銷領域，領導企業正拓展其全通路能力，既支持透過本地銷售推動複雜的計劃流程，也支持透過電子商務進行便利的產品採購。在所有業務活動中，企業策略都強調永續性報告、遵守新的能源效率標準，並積極與政策制定者和產業聯盟合作，以製定實施時間表和技術要求。

為製造商、經銷商和服務供應商提供高影響力策略建議，以增強韌性、抓住改造需求並確保經常性收入來源。

產業領導者應採取一系列協調一致的行動，在短期營運韌性和長期策略定位之間取得平衡。首先，投資於產品模組化和平台架構，以實現針對不同能源來源和容量需求的快速重新配置，從而加快新產品上市速度並降低庫存複雜性。同時，優先整合智慧控制和遠距離診斷，以支援附加價值服務、降低維護成本並參與需量反應計劃。

第二，我們正在透過為關鍵零件製定雙重採購安排並評估近岸外包方案來實現供應鏈多元化，以縮短前置作業時間並減輕關稅的影響。在條件允許的情況下，我們正在與供應商協商簽訂多年期契約，其中包括透明的、與指數掛鉤的價格調整機制，以提高成本的可預測性。第三，我們正在透過與公用事業公司合作進行試驗計畫，使我們的商業策略與法規和公用事業激勵計劃獎勵，這些項目旨在設計目標產品、展示電網價值並開發新的採購管道。第四，我們正在透過認證安裝商計畫、數位化性能驗證工具和預測性維護服務來加速我們的售後市場和服務能力，確保持續的收入來源。最後，我們正在將資源分配給有針對性的區域策略，這些策略反映了區域政策、能源結構和通路偏好。我們正在改造維修市場和新建成長走廊制定差異化的發展策略，以最大限度地提高轉換率和淨利率。

我們採用透明的多方法研究途徑，結合主要相關人員訪談、文件審查、情境分析和嚴格的三角驗證，以得出可操作的結論。

我們的調查方法結合了定量和定性數據，並透過結構化的方式收集資訊，旨在確保研究結果的準確性、相關性和可操作性。主要研究包括對供應鏈高管、產品開發負責人、通路合作夥伴和設施管理人員進行結構化訪談，以獲取關於技術偏好、採購限制和服務期望的第一手觀點。次要研究則透過對監管記錄、行業標準、專利申請和上市公司資訊披露的嚴格審查，補充了這些見解，以檢驗技術發展軌跡和政策促進因素。

分析方法包括情境分析（用於評估關稅和監管變化的影響）、價值鏈映射（用於識別集中風險和前置作業時間瓶頸）以及跨多個資料來源的三角驗證（用於確認方向性）。品管包括對假設進行獨立同儕審查、將訪談得出的論點與書面證據進行交叉檢驗，以及對關鍵變數進行敏感性測試（以了解建議措施的穩健性）。在存在限制因素的情況下，例如貿易政策的快速變化或區域法律法規的變更，本調查方法強調適應性監測和定期更新，以更新假設並納入新的監管和技術發展。

本文簡要概述了技術變革、監管促進因素和通路演變將如何決定熱水器市場參與企業最具韌性的發展路徑。

監管壓力、技術創新和不斷變化的買家偏好共同作用，正在重新定義熱水解決方案的競爭格局，從而對敏捷性、產品差異化和通路協調提出了明確的要求。

採用模組化產品設計、數位化服務層和多元化供應鏈的製造商和經銷商能夠更好地應對關稅波動和區域差異，同時與公用事業公司、政策制定者和大型客戶保持密切合作，可以加速高效低碳解決方案的推廣應用。透過優先考慮改造相容性、可維護性設計和有針對性的區域策略，產業參與者既可以保障淨利率，提升客戶終身價值，應對當前的營運風險，又能支援更廣泛的脫碳目標。

目錄

第1章：序言

第2章調查方法

第3章執行摘要

第4章 市場概覽

第5章 市場洞察

  • 住宅和商業領域向太陽能和可再生能源熱水供應的過渡
  • 為滿足能源法規要求，對高效能冷凝式熱水器的需求不斷成長
  • 消費者對能源成本的擔憂推動了無水箱式和即熱式熱水器的成長。
  • 將物聯網技術整合到熱水器中，用於預測性維護和使用分析。
  • 混合式熱泵熱水器作為一種永續且經濟的解決方案，正變得越來越受歡迎。
  • 政府的獎勵和折扣鼓勵採用環保熱水系統。
  • 對耐腐蝕和耐用材料的日益重視正在延長熱水器的使用壽命。

第6章美國關稅的累積影響，2025年

第7章：人工智慧的累積影響，2025年

第8章：按能源來源的熱水器市場

  • 電
  • 氣體
  • 熱泵
  • 基於太陽能

第9章 依安裝類型分類的熱水器市場

  • 帶罐
  • 無水箱

第10章 熱水器市場（依容量分類）

  • 50至100加侖
  • 超過100加侖
  • 最多 50 加侖

第11章 以最終用途分類的熱水器市場

  • 商業的
    • 衛生保健
    • 飯店業
    • 設施
  • 產業
  • 住房

第12章 按分銷通路分類的熱水器市場

  • 離線
  • 線上
    • 製造商網站
    • 第三方電子商務

第13章 依安裝類型分類的熱水器市場

  • 新安裝
  • 交換

第14章 各地區的熱水器市場

  • 美洲
    • 北美洲
    • 拉丁美洲
  • 歐洲、中東和非洲
    • 歐洲
    • 中東
    • 非洲
  • 亞太地區

第15章 熱水器市場（依類別分類）

  • ASEAN
  • GCC
  • EU
  • BRICS
  • G7
  • NATO

第16章 各國熱水器市場

  • 美國
  • 加拿大
  • 墨西哥
  • 巴西
  • 英國
  • 德國
  • 法國
  • 俄羅斯
  • 義大利
  • 西班牙
  • 中國
  • 印度
  • 日本
  • 澳洲
  • 韓國

第17章 競爭格局

  • 2024年市佔率分析
  • FPNV定位矩陣，2024
  • 競爭分析
    • AO Smith Corporation
    • Ariston Holding Group
    • Bajaj Electricals Limited
    • Blue Carbon Technology Inc.
    • Bradford White Corporation
    • Carrier Global Corporation by Honeywell International Inc.
    • Crompton Greaves Consumer Electricals Limited
    • Emmvee Group
    • Ferroli Group
    • Haier Group
    • Havells Group
    • LG Electronics Inc.
    • NORITZ Corporation
    • Orient Electric
    • Paloma Co., Ltd.
    • Panasonic Holdings Corporation
    • Rheem Manufacturing Company
    • Rinnai Corporation
    • Robert Bosch GmbH
    • Sole SA
    • STIEBEL ELTRON GmbH & Co. KG
    • Suneco Green Energy Ltd
    • Westinghouse Electric Corporation
    • Whirlpool Corporation
Product Code: MRR-205091A888B7

The Water Heater Market is projected to grow by USD 39.38 billion at a CAGR of 5.67% by 2032.

KEY MARKET STATISTICS
Base Year [2024] USD 25.32 billion
Estimated Year [2025] USD 26.63 billion
Forecast Year [2032] USD 39.38 billion
CAGR (%) 5.67%

A strategic orientation to the converging forces in the water heater ecosystem that will shape product design, procurement priorities, and operational resilience for decision-makers

The water heater landscape is at an inflection point where technology, regulatory momentum, and shifting end-user priorities converge to reshape investment and operational choices across residential, commercial, and industrial spheres.

This introduction frames the essential forces influencing product design, supply chain architecture, and channel strategies, emphasizing how energy source transitions, installation modalities, and capacity planning affect capital allocation and life-cycle cost considerations. It also situates the conversation within a context of accelerating policy-driven decarbonization, digitization of appliances, and evolving procurement behaviors among builders, facility managers, and utilities. The intent is to provide leaders with a crisp orientation to the competitive dynamics and to identify the strategic levers that will determine resilience and growth in the near to medium term.

Critical transformational trends redefining product technology choices, digital integration, and supply chain strategies that industry leaders must prioritize to remain competitive

The market is undergoing transformative shifts that extend beyond incremental innovation and instead reflect a systemic reconfiguration of how hot water is generated, controlled, and delivered across built environments.

Electrification is advancing as utilities and regulators incentivize lower-carbon solutions, driving increased interest in electric resistance and heat pump technologies. Concurrently, demand for higher efficiency and on-demand provisioning elevates the relevance of tankless architectures, while integrated solar thermal and photovoltaic-coupled systems gain traction in regions with supportive incentive structures. Digital connectivity is reshaping value propositions through remote monitoring, predictive maintenance, and smart demand-response capabilities, creating opportunities for service-based revenue models and tighter integration with grid management. Supply chain strategies are also evolving: manufacturers and distributors are prioritizing component localization, strategic inventory positioning, and diversified supplier portfolios to mitigate geopolitical and logistical risks. Finally, stringent building codes and utility rebate programs are accelerating the replacement cycle for legacy equipment, prompting manufacturers and installers to innovate around retrofitting solutions and modular product lines that reduce installation complexity and total ownership cost.

How tariff-induced supply and input cost volatility is compelling manufacturers and distributors to reconfigure sourcing, pricing, and capacity planning in order to sustain margins

Tariff dynamics introduce a material layer of strategic uncertainty that reverberates across sourcing, pricing, and investment decisions in the water heater supply chain.

When tariffs affect inputs such as steel, aluminum, compressors, electronic controls, or photovoltaic components, manufacturers face a dual imperative: safeguard margins while maintaining competitive price points for end customers. In practice, that has led many firms to accelerate supply base diversification, pursue nearshore manufacturing options, and invest in redesigns that reduce exposure to constrained or tariffed inputs. Pricing strategies have become more nuanced, combining selective cost absorption, targeted price adjustments on premium lines, and closer collaboration with channel partners to preserve demand elasticity. Regulatory unpredictability also alters capital planning, as firms delay or phase manufacturing capacity expansions until duty frameworks stabilize, while at the same time exploring strategic partnerships and long-term sourcing agreements to lock in favorable terms. The net effect is a heightened emphasis on operational agility: companies are placing greater value on flexible production lines, modular product architectures, and data-driven procurement practices that can rapidly adapt to tariff shifts without eroding service levels or compliance obligations.

Deep segmentation intelligence revealing how energy source distinctions, installation choices, capacity tiers, end-use demands, channels, and replacement dynamics shape product strategies

Segmentation signals provide a prism through which product strategy and go-to-market approaches should be tailored to distinct demand profiles and regulatory contexts. Energy source segmentation highlights divergent pathways: electric systems appeal where grid decarbonization and utility incentives align, gas remains relevant in corridors with low-cost natural gas and legacy gas infrastructure, heat pump systems are positioned for efficiency and decarbonization objectives, and solar based approaches gain traction where rooftop or thermal integration economics are favorable. Installation type segmentation clarifies trade-offs between storage tank and tankless architectures; storage tanks are often favored where simplicity, redundancy, or larger capacity buffering is required, whereas tankless solutions excel in space-constrained installations and point-of-use deployments that emphasize reduced standby losses. Capacity segmentation underscores that demand patterns vary significantly by application: up to 50 gallons configurations suit small residential units and point-of-use roles, 50 to 100 gallons offerings address larger multifamily and commercial needs, and above 100 gallons capacities meet the demands of large institutions and industrial processes where sustained throughput is critical. End use segmentation draws attention to differentiated procurement cycles and performance requirements; residential buyers prioritize ease of installation, reliability, and lifecycle cost, while industrial and commercial purchasers emphasize uptime, serviceability, and compliance with safety and efficiency standards. Within the commercial category, sub-segments such as healthcare, hospitality, and institutional facilities each present unique constraints around redundancy, regulatory compliance, and peak demand profiles. Distribution channel segmentation reflects evolving buyer behaviors and logistics models: offline channels continue to dominate for complex projects requiring local technical expertise and field service, while online channels-both manufacturer websites and third-party e-commerce platforms-grow in relevance for standardized units, spare parts, and rapid replenishment. Finally, the installation context of new installation versus replacement influences product specification and aftermarket service design, with replacement markets placing premium value on retrofit compatibility, simplified commissioning, and diagnostic support to minimize downtime during swap-outs.

How distinct regional policy frameworks, infrastructure conditions, manufacturing footprints, and utility programs are dictating adoption pathways and competitive tactics across each global region

Regional dynamics are shaping adoption pathways and competitive tactics in markedly different ways, driven by policy frameworks, energy mixes, and infrastructure maturity. In the Americas, diverse market conditions combine high electrification momentum in some jurisdictions with persistent gas adoption elsewhere, leading to a bifurcated approach where manufacturers must support both legacy systems and emerging electric or heat pump portfolios. Regulatory instruments and incentive programs in several jurisdictions are accelerating retrofits and utility-led replacement programs, which in turn influence how suppliers structure rebate-backed product bundles and installer networks.

Europe, the Middle East & Africa present a complex tableau where stringent emissions targets and ambitious efficiency standards in many European markets push rapid adoption of heat pump and electric solutions, while markets in the Middle East and Africa show heterogeneous demand driven by differing grid stability, fuel availability, and investment in distributed solar. Policy and compliance imperatives in advanced economies drive product certification, noise and efficiency labeling, and integration with building energy management systems. Across the region, the interplay between trade policy, infrastructure development, and capital availability shapes adoption curves and aftermarket service models.

Asia-Pacific remains a focal point for both manufacturing capacity and rapid adoption, with several economies prioritizing electrification, urbanization-driven residential demand, and solar integration. Supply chain densification and component specialization in the region have created advantages for firms with established local footprints, while rising labor and input costs in some markets incentivize automation and value-chain optimization. Cross-border trade dynamics and regional trade agreements further influence sourcing decisions and lead times, which in turn affect inventory strategies and distributor relationships.

Strategic moves by market participants to integrate digital services, retrofit solutions, and flexible manufacturing while deepening partnerships with channels and infrastructure stakeholders

Leading companies are converging around a set of strategic responses designed to protect profitability while expanding addressable opportunity beyond core product sales. Firms are investing in product portfolios that balance legacy technologies with high-efficiency electric and heat pump offerings, while accelerating development of retrofit-friendly models to capture replacement demand. They are also prioritizing digital capabilities, embedding remote diagnostics, and developing subscription-style service offerings to deepen customer relationships and create recurring revenue streams.

On the commercial front, suppliers are strengthening partnerships with engineering procurement and construction firms, facility managers, and utilities to secure long-term service contracts and to embed equipment in broader energy efficiency programs. Simultaneously, companies are optimizing manufacturing footprints through modular production lines and strategic supplier contracts that reduce exposure to single-source risks. In distribution, leading players are expanding omni-channel capabilities to serve both complex project pipelines via local sales and simpler product purchases through e-commerce. Across all activities, corporate strategies emphasize sustainability reporting, compliance with emerging efficiency standards, and proactive engagement with policymakers and industry consortia to shape implementation timelines and technical requirements.

High-impact strategic recommendations for manufacturers, distributors, and service providers to enhance resilience, capture retrofit demand, and unlock recurrent revenue streams

Industry leaders should pursue a coordinated set of actions that balance near-term operational resilience with long-term strategic positioning. First, invest in product modularity and platform architectures that enable rapid reconfiguration for different energy sources and capacity requirements, thereby reducing time-to-market for new variants and lowering inventory complexity. Concurrently, prioritize the integration of smart controls and remote diagnostics to support value-added services, reduce maintenance costs, and enable participation in demand-response programs.

Second, diversify supply chains by developing dual-sourcing arrangements for critical components and by evaluating nearshoring options that shorten lead times and reduce tariff exposure. Where possible, negotiate multi-year supplier agreements that include price adjustment mechanisms tied to transparent indices to improve cost predictability. Third, align commercial strategies with regulatory and utility incentive programs by designing rebate-eligible products and by partnering with utilities on pilot programs that demonstrate grid value and open new channels for procurement. Fourth, accelerate aftermarket and service capabilities through certified installer programs, digital commissioning tools, and predictive maintenance offerings that lock in recurring revenue streams. Finally, allocate resources to targeted regional strategies that reflect local policy, energy mix, and channel preferences; deploy differentiated go-to-market plays for retrofit-dense markets versus new-construction growth corridors to maximize conversion rates and margins.

Transparent, multi-method research approach combining primary stakeholder interviews, document review, scenario analysis, and rigorous triangulation to underpin practical conclusions

This research synthesizes quantitative and qualitative inputs gathered through a structured methodology designed to ensure accuracy, relevance, and actionable insight. Primary research included structured interviews with supply chain executives, product development leaders, channel partners, and facility managers to capture first-hand perspectives on technology preferences, procurement constraints, and service expectations. Secondary research complemented these insights with a rigorous review of regulatory records, industry standards, patent filings, and public company disclosures to validate technology trajectories and policy drivers.

Analytical methods encompassed scenario analysis to evaluate the implications of tariff and regulatory shifts, value-chain mapping to identify concentration risks and lead-time bottlenecks, and triangulation across multiple data sources to confirm directional findings. Quality controls included independent peer review of assumptions, cross-validation of interview-derived claims against documented evidence, and sensitivity testing of key variables to understand the robustness of recommended actions. Where limitations exist-such as rapidly evolving trade policies and localized code changes-the methodology emphasizes adaptive monitoring and scheduled updates to refresh assumptions and to incorporate new regulatory or technological developments.

Concise synthesis of how technology shifts, regulatory drivers, and channel evolution collectively determine the most resilient pathways for water heater market participants

The convergence of regulatory pressure, technological innovation, and shifting buyer preferences is redefining the competitive terrain for water heating solutions, creating clear imperatives for agility, product differentiation, and channel alignment.

Manufacturers and distributors that embrace modular product design, digital service layers, and diversified supply chains will be best positioned to navigate tariff volatility and regional heterogeneity. Meanwhile, close engagement with utilities, policymakers, and large customers will accelerate adoption pathways for high-efficiency and low-carbon solutions. By prioritizing retrofit compatibility, serviceable designs, and targeted regional strategies, industry participants can protect margin, enhance customer lifetime value, and support broader decarbonization objectives while responding to immediate operational risks.

Table of Contents

1. Preface

  • 1.1. Objectives of the Study
  • 1.2. Market Segmentation & Coverage
  • 1.3. Years Considered for the Study
  • 1.4. Currency & Pricing
  • 1.5. Language
  • 1.6. Stakeholders

2. Research Methodology

3. Executive Summary

4. Market Overview

5. Market Insights

  • 5.1. Shift towards solar thermal and renewable powered water heaters in residential and commercial sectors
  • 5.2. Increasing demand for high efficiency condensing water heaters to meet energy regulations
  • 5.3. Expansion of tankless and on-demand water heaters driven by consumer energy cost concerns
  • 5.4. Integration of IoT technology in water heaters for predictive maintenance and usage analytics
  • 5.5. Rising popularity of hybrid heat pump water heaters as sustainable and cost saving solutions
  • 5.6. Government incentives and rebates boosting adoption of environmentally friendly water heating systems
  • 5.7. Growing focus on corrosion resistant and durable materials to extend water heater lifespan

6. Cumulative Impact of United States Tariffs 2025

7. Cumulative Impact of Artificial Intelligence 2025

8. Water Heater Market, by Energy Source

  • 8.1. Electric
  • 8.2. Gas
  • 8.3. Heat Pump
  • 8.4. Solar Based

9. Water Heater Market, by Installation Type

  • 9.1. Storage Tank
  • 9.2. Tankless

10. Water Heater Market, by Capacity

  • 10.1. 50 To 100 Gallons
  • 10.2. Above 100 Gallons
  • 10.3. Up To 50 Gallons

11. Water Heater Market, by End Use

  • 11.1. Commercial
    • 11.1.1. Healthcare
    • 11.1.2. Hospitality
    • 11.1.3. Institutional
  • 11.2. Industrial
  • 11.3. Residential

12. Water Heater Market, by Distribution Channel

  • 12.1. Offline
  • 12.2. Online
    • 12.2.1. Manufacturer Website
    • 12.2.2. Third Party E-commerce

13. Water Heater Market, by Installation Type

  • 13.1. New Installation
  • 13.2. Replacement

14. Water Heater Market, by Region

  • 14.1. Americas
    • 14.1.1. North America
    • 14.1.2. Latin America
  • 14.2. Europe, Middle East & Africa
    • 14.2.1. Europe
    • 14.2.2. Middle East
    • 14.2.3. Africa
  • 14.3. Asia-Pacific

15. Water Heater Market, by Group

  • 15.1. ASEAN
  • 15.2. GCC
  • 15.3. European Union
  • 15.4. BRICS
  • 15.5. G7
  • 15.6. NATO

16. Water Heater Market, by Country

  • 16.1. United States
  • 16.2. Canada
  • 16.3. Mexico
  • 16.4. Brazil
  • 16.5. United Kingdom
  • 16.6. Germany
  • 16.7. France
  • 16.8. Russia
  • 16.9. Italy
  • 16.10. Spain
  • 16.11. China
  • 16.12. India
  • 16.13. Japan
  • 16.14. Australia
  • 16.15. South Korea

17. Competitive Landscape

  • 17.1. Market Share Analysis, 2024
  • 17.2. FPNV Positioning Matrix, 2024
  • 17.3. Competitive Analysis
    • 17.3.1. A. O. Smith Corporation
    • 17.3.2. Ariston Holding Group
    • 17.3.3. Bajaj Electricals Limited
    • 17.3.4. Blue Carbon Technology Inc.
    • 17.3.5. Bradford White Corporation
    • 17.3.6. Carrier Global Corporation by Honeywell International Inc.
    • 17.3.7. Crompton Greaves Consumer Electricals Limited
    • 17.3.8. Emmvee Group
    • 17.3.9. Ferroli Group
    • 17.3.10. Haier Group
    • 17.3.11. Havells Group
    • 17.3.12. LG Electronics Inc.
    • 17.3.13. NORITZ Corporation
    • 17.3.14. Orient Electric
    • 17.3.15. Paloma Co., Ltd.
    • 17.3.16. Panasonic Holdings Corporation
    • 17.3.17. Rheem Manufacturing Company
    • 17.3.18. Rinnai Corporation
    • 17.3.19. Robert Bosch GmbH
    • 17.3.20. Sole S.A.
    • 17.3.21. STIEBEL ELTRON GmbH & Co. KG
    • 17.3.22. Suneco Green Energy Ltd
    • 17.3.23. Westinghouse Electric Corporation
    • 17.3.24. Whirlpool Corporation

LIST OF FIGURES

  • FIGURE 1. GLOBAL WATER HEATER MARKET SIZE, 2018-2032 (USD MILLION)
  • FIGURE 2. GLOBAL WATER HEATER MARKET SIZE, BY ENERGY SOURCE, 2024 VS 2032 (%)
  • FIGURE 3. GLOBAL WATER HEATER MARKET SIZE, BY ENERGY SOURCE, 2024 VS 2025 VS 2032 (USD MILLION)
  • FIGURE 4. GLOBAL WATER HEATER MARKET SIZE, BY INSTALLATION TYPE, 2024 VS 2032 (%)
  • FIGURE 5. GLOBAL WATER HEATER MARKET SIZE, BY INSTALLATION TYPE, 2024 VS 2025 VS 2032 (USD MILLION)
  • FIGURE 6. GLOBAL WATER HEATER MARKET SIZE, BY CAPACITY, 2024 VS 2032 (%)
  • FIGURE 7. GLOBAL WATER HEATER MARKET SIZE, BY CAPACITY, 2024 VS 2025 VS 2032 (USD MILLION)
  • FIGURE 8. GLOBAL WATER HEATER MARKET SIZE, BY END USE, 2024 VS 2032 (%)
  • FIGURE 9. GLOBAL WATER HEATER MARKET SIZE, BY END USE, 2024 VS 2025 VS 2032 (USD MILLION)
  • FIGURE 10. GLOBAL WATER HEATER MARKET SIZE, BY DISTRIBUTION CHANNEL, 2024 VS 2032 (%)
  • FIGURE 11. GLOBAL WATER HEATER MARKET SIZE, BY DISTRIBUTION CHANNEL, 2024 VS 2025 VS 2032 (USD MILLION)
  • FIGURE 12. GLOBAL WATER HEATER MARKET SIZE, BY INSTALLATION TYPE, 2024 VS 2032 (%)
  • FIGURE 13. GLOBAL WATER HEATER MARKET SIZE, BY INSTALLATION TYPE, 2024 VS 2025 VS 2032 (USD MILLION)
  • FIGURE 14. GLOBAL WATER HEATER MARKET SIZE, BY REGION, 2024 VS 2025 VS 2032 (USD MILLION)
  • FIGURE 15. AMERICAS WATER HEATER MARKET SIZE, BY SUBREGION, 2024 VS 2025 VS 2032 (USD MILLION)
  • FIGURE 16. NORTH AMERICA WATER HEATER MARKET SIZE, BY COUNTRY, 2024 VS 2025 VS 2032 (USD MILLION)
  • FIGURE 17. LATIN AMERICA WATER HEATER MARKET SIZE, BY COUNTRY, 2024 VS 2025 VS 2032 (USD MILLION)
  • FIGURE 18. EUROPE, MIDDLE EAST & AFRICA WATER HEATER MARKET SIZE, BY SUBREGION, 2024 VS 2025 VS 2032 (USD MILLION)
  • FIGURE 19. EUROPE WATER HEATER MARKET SIZE, BY COUNTRY, 2024 VS 2025 VS 2032 (USD MILLION)
  • FIGURE 20. MIDDLE EAST WATER HEATER MARKET SIZE, BY COUNTRY, 2024 VS 2025 VS 2032 (USD MILLION)
  • FIGURE 21. AFRICA WATER HEATER MARKET SIZE, BY COUNTRY, 2024 VS 2025 VS 2032 (USD MILLION)
  • FIGURE 22. ASIA-PACIFIC WATER HEATER MARKET SIZE, BY COUNTRY, 2024 VS 2025 VS 2032 (USD MILLION)
  • FIGURE 23. GLOBAL WATER HEATER MARKET SIZE, BY GROUP, 2024 VS 2025 VS 2032 (USD MILLION)
  • FIGURE 24. ASEAN WATER HEATER MARKET SIZE, BY COUNTRY, 2024 VS 2025 VS 2032 (USD MILLION)
  • FIGURE 25. GCC WATER HEATER MARKET SIZE, BY COUNTRY, 2024 VS 2025 VS 2032 (USD MILLION)
  • FIGURE 26. EUROPEAN UNION WATER HEATER MARKET SIZE, BY COUNTRY, 2024 VS 2025 VS 2032 (USD MILLION)
  • FIGURE 27. BRICS WATER HEATER MARKET SIZE, BY COUNTRY, 2024 VS 2025 VS 2032 (USD MILLION)
  • FIGURE 28. G7 WATER HEATER MARKET SIZE, BY COUNTRY, 2024 VS 2025 VS 2032 (USD MILLION)
  • FIGURE 29. NATO WATER HEATER MARKET SIZE, BY COUNTRY, 2024 VS 2025 VS 2032 (USD MILLION)
  • FIGURE 30. GLOBAL WATER HEATER MARKET SIZE, BY COUNTRY, 2024 VS 2025 VS 2032 (USD MILLION)
  • FIGURE 31. WATER HEATER MARKET SHARE, BY KEY PLAYER, 2024
  • FIGURE 32. WATER HEATER MARKET, FPNV POSITIONING MATRIX, 2024

LIST OF TABLES

  • TABLE 1. WATER HEATER MARKET SEGMENTATION & COVERAGE
  • TABLE 2. UNITED STATES DOLLAR EXCHANGE RATE, 2018-2024
  • TABLE 3. GLOBAL WATER HEATER MARKET SIZE, 2018-2024 (USD MILLION)
  • TABLE 4. GLOBAL WATER HEATER MARKET SIZE, 2025-2032 (USD MILLION)
  • TABLE 5. GLOBAL WATER HEATER MARKET SIZE, BY ENERGY SOURCE, 2018-2024 (USD MILLION)
  • TABLE 6. GLOBAL WATER HEATER MARKET SIZE, BY ENERGY SOURCE, 2025-2032 (USD MILLION)
  • TABLE 7. GLOBAL WATER HEATER MARKET SIZE, BY ELECTRIC, BY REGION, 2018-2024 (USD MILLION)
  • TABLE 8. GLOBAL WATER HEATER MARKET SIZE, BY ELECTRIC, BY REGION, 2025-2032 (USD MILLION)
  • TABLE 9. GLOBAL WATER HEATER MARKET SIZE, BY ELECTRIC, BY GROUP, 2018-2024 (USD MILLION)
  • TABLE 10. GLOBAL WATER HEATER MARKET SIZE, BY ELECTRIC, BY GROUP, 2025-2032 (USD MILLION)
  • TABLE 11. GLOBAL WATER HEATER MARKET SIZE, BY ELECTRIC, BY COUNTRY, 2018-2024 (USD MILLION)
  • TABLE 12. GLOBAL WATER HEATER MARKET SIZE, BY ELECTRIC, BY COUNTRY, 2025-2032 (USD MILLION)
  • TABLE 13. GLOBAL WATER HEATER MARKET SIZE, BY GAS, BY REGION, 2018-2024 (USD MILLION)
  • TABLE 14. GLOBAL WATER HEATER MARKET SIZE, BY GAS, BY REGION, 2025-2032 (USD MILLION)
  • TABLE 15. GLOBAL WATER HEATER MARKET SIZE, BY GAS, BY GROUP, 2018-2024 (USD MILLION)
  • TABLE 16. GLOBAL WATER HEATER MARKET SIZE, BY GAS, BY GROUP, 2025-2032 (USD MILLION)
  • TABLE 17. GLOBAL WATER HEATER MARKET SIZE, BY GAS, BY COUNTRY, 2018-2024 (USD MILLION)
  • TABLE 18. GLOBAL WATER HEATER MARKET SIZE, BY GAS, BY COUNTRY, 2025-2032 (USD MILLION)
  • TABLE 19. GLOBAL WATER HEATER MARKET SIZE, BY HEAT PUMP, BY REGION, 2018-2024 (USD MILLION)
  • TABLE 20. GLOBAL WATER HEATER MARKET SIZE, BY HEAT PUMP, BY REGION, 2025-2032 (USD MILLION)
  • TABLE 21. GLOBAL WATER HEATER MARKET SIZE, BY HEAT PUMP, BY GROUP, 2018-2024 (USD MILLION)
  • TABLE 22. GLOBAL WATER HEATER MARKET SIZE, BY HEAT PUMP, BY GROUP, 2025-2032 (USD MILLION)
  • TABLE 23. GLOBAL WATER HEATER MARKET SIZE, BY HEAT PUMP, BY COUNTRY, 2018-2024 (USD MILLION)
  • TABLE 24. GLOBAL WATER HEATER MARKET SIZE, BY HEAT PUMP, BY COUNTRY, 2025-2032 (USD MILLION)
  • TABLE 25. GLOBAL WATER HEATER MARKET SIZE, BY SOLAR BASED, BY REGION, 2018-2024 (USD MILLION)
  • TABLE 26. GLOBAL WATER HEATER MARKET SIZE, BY SOLAR BASED, BY REGION, 2025-2032 (USD MILLION)
  • TABLE 27. GLOBAL WATER HEATER MARKET SIZE, BY SOLAR BASED, BY GROUP, 2018-2024 (USD MILLION)
  • TABLE 28. GLOBAL WATER HEATER MARKET SIZE, BY SOLAR BASED, BY GROUP, 2025-2032 (USD MILLION)
  • TABLE 29. GLOBAL WATER HEATER MARKET SIZE, BY SOLAR BASED, BY COUNTRY, 2018-2024 (USD MILLION)
  • TABLE 30. GLOBAL WATER HEATER MARKET SIZE, BY SOLAR BASED, BY COUNTRY, 2025-2032 (USD MILLION)
  • TABLE 31. GLOBAL WATER HEATER MARKET SIZE, BY INSTALLATION TYPE, 2018-2024 (USD MILLION)
  • TABLE 32. GLOBAL WATER HEATER MARKET SIZE, BY INSTALLATION TYPE, 2025-2032 (USD MILLION)
  • TABLE 33. GLOBAL WATER HEATER MARKET SIZE, BY STORAGE TANK, BY REGION, 2018-2024 (USD MILLION)
  • TABLE 34. GLOBAL WATER HEATER MARKET SIZE, BY STORAGE TANK, BY REGION, 2025-2032 (USD MILLION)
  • TABLE 35. GLOBAL WATER HEATER MARKET SIZE, BY STORAGE TANK, BY GROUP, 2018-2024 (USD MILLION)
  • TABLE 36. GLOBAL WATER HEATER MARKET SIZE, BY STORAGE TANK, BY GROUP, 2025-2032 (USD MILLION)
  • TABLE 37. GLOBAL WATER HEATER MARKET SIZE, BY STORAGE TANK, BY COUNTRY, 2018-2024 (USD MILLION)
  • TABLE 38. GLOBAL WATER HEATER MARKET SIZE, BY STORAGE TANK, BY COUNTRY, 2025-2032 (USD MILLION)
  • TABLE 39. GLOBAL WATER HEATER MARKET SIZE, BY TANKLESS, BY REGION, 2018-2024 (USD MILLION)
  • TABLE 40. GLOBAL WATER HEATER MARKET SIZE, BY TANKLESS, BY REGION, 2025-2032 (USD MILLION)
  • TABLE 41. GLOBAL WATER HEATER MARKET SIZE, BY TANKLESS, BY GROUP, 2018-2024 (USD MILLION)
  • TABLE 42. GLOBAL WATER HEATER MARKET SIZE, BY TANKLESS, BY GROUP, 2025-2032 (USD MILLION)
  • TABLE 43. GLOBAL WATER HEATER MARKET SIZE, BY TANKLESS, BY COUNTRY, 2018-2024 (USD MILLION)
  • TABLE 44. GLOBAL WATER HEATER MARKET SIZE, BY TANKLESS, BY COUNTRY, 2025-2032 (USD MILLION)
  • TABLE 45. GLOBAL WATER HEATER MARKET SIZE, BY CAPACITY, 2018-2024 (USD MILLION)
  • TABLE 46. GLOBAL WATER HEATER MARKET SIZE, BY CAPACITY, 2025-2032 (USD MILLION)
  • TABLE 47. GLOBAL WATER HEATER MARKET SIZE, BY 50 TO 100 GALLONS, BY REGION, 2018-2024 (USD MILLION)
  • TABLE 48. GLOBAL WATER HEATER MARKET SIZE, BY 50 TO 100 GALLONS, BY REGION, 2025-2032 (USD MILLION)
  • TABLE 49. GLOBAL WATER HEATER MARKET SIZE, BY 50 TO 100 GALLONS, BY GROUP, 2018-2024 (USD MILLION)
  • TABLE 50. GLOBAL WATER HEATER MARKET SIZE, BY 50 TO 100 GALLONS, BY GROUP, 2025-2032 (USD MILLION)
  • TABLE 51. GLOBAL WATER HEATER MARKET SIZE, BY 50 TO 100 GALLONS, BY COUNTRY, 2018-2024 (USD MILLION)
  • TABLE 52. GLOBAL WATER HEATER MARKET SIZE, BY 50 TO 100 GALLONS, BY COUNTRY, 2025-2032 (USD MILLION)
  • TABLE 53. GLOBAL WATER HEATER MARKET SIZE, BY ABOVE 100 GALLONS, BY REGION, 2018-2024 (USD MILLION)
  • TABLE 54. GLOBAL WATER HEATER MARKET SIZE, BY ABOVE 100 GALLONS, BY REGION, 2025-2032 (USD MILLION)
  • TABLE 55. GLOBAL WATER HEATER MARKET SIZE, BY ABOVE 100 GALLONS, BY GROUP, 2018-2024 (USD MILLION)
  • TABLE 56. GLOBAL WATER HEATER MARKET SIZE, BY ABOVE 100 GALLONS, BY GROUP, 2025-2032 (USD MILLION)
  • TABLE 57. GLOBAL WATER HEATER MARKET SIZE, BY ABOVE 100 GALLONS, BY COUNTRY, 2018-2024 (USD MILLION)
  • TABLE 58. GLOBAL WATER HEATER MARKET SIZE, BY ABOVE 100 GALLONS, BY COUNTRY, 2025-2032 (USD MILLION)
  • TABLE 59. GLOBAL WATER HEATER MARKET SIZE, BY UP TO 50 GALLONS, BY REGION, 2018-2024 (USD MILLION)
  • TABLE 60. GLOBAL WATER HEATER MARKET SIZE, BY UP TO 50 GALLONS, BY REGION, 2025-2032 (USD MILLION)
  • TABLE 61. GLOBAL WATER HEATER MARKET SIZE, BY UP TO 50 GALLONS, BY GROUP, 2018-2024 (USD MILLION)
  • TABLE 62. GLOBAL WATER HEATER MARKET SIZE, BY UP TO 50 GALLONS, BY GROUP, 2025-2032 (USD MILLION)
  • TABLE 63. GLOBAL WATER HEATER MARKET SIZE, BY UP TO 50 GALLONS, BY COUNTRY, 2018-2024 (USD MILLION)
  • TABLE 64. GLOBAL WATER HEATER MARKET SIZE, BY UP TO 50 GALLONS, BY COUNTRY, 2025-2032 (USD MILLION)
  • TABLE 65. GLOBAL WATER HEATER MARKET SIZE, BY END USE, 2018-2024 (USD MILLION)
  • TABLE 66. GLOBAL WATER HEATER MARKET SIZE, BY END USE, 2025-2032 (USD MILLION)
  • TABLE 67. GLOBAL WATER HEATER MARKET SIZE, BY COMMERCIAL, 2018-2024 (USD MILLION)
  • TABLE 68. GLOBAL WATER HEATER MARKET SIZE, BY COMMERCIAL, 2025-2032 (USD MILLION)
  • TABLE 69. GLOBAL WATER HEATER MARKET SIZE, BY COMMERCIAL, BY REGION, 2018-2024 (USD MILLION)
  • TABLE 70. GLOBAL WATER HEATER MARKET SIZE, BY COMMERCIAL, BY REGION, 2025-2032 (USD MILLION)
  • TABLE 71. GLOBAL WATER HEATER MARKET SIZE, BY COMMERCIAL, BY GROUP, 2018-2024 (USD MILLION)
  • TABLE 72. GLOBAL WATER HEATER MARKET SIZE, BY COMMERCIAL, BY GROUP, 2025-2032 (USD MILLION)
  • TABLE 73. GLOBAL WATER HEATER MARKET SIZE, BY COMMERCIAL, BY COUNTRY, 2018-2024 (USD MILLION)
  • TABLE 74. GLOBAL WATER HEATER MARKET SIZE, BY COMMERCIAL, BY COUNTRY, 2025-2032 (USD MILLION)
  • TABLE 75. GLOBAL WATER HEATER MARKET SIZE, BY HEALTHCARE, BY REGION, 2018-2024 (USD MILLION)
  • TABLE 76. GLOBAL WATER HEATER MARKET SIZE, BY HEALTHCARE, BY REGION, 2025-2032 (USD MILLION)
  • TABLE 77. GLOBAL WATER HEATER MARKET SIZE, BY HEALTHCARE, BY GROUP, 2018-2024 (USD MILLION)
  • TABLE 78. GLOBAL WATER HEATER MARKET SIZE, BY HEALTHCARE, BY GROUP, 2025-2032 (USD MILLION)
  • TABLE 79. GLOBAL WATER HEATER MARKET SIZE, BY HEALTHCARE, BY COUNTRY, 2018-2024 (USD MILLION)
  • TABLE 80. GLOBAL WATER HEATER MARKET SIZE, BY HEALTHCARE, BY COUNTRY, 2025-2032 (USD MILLION)
  • TABLE 81. GLOBAL WATER HEATER MARKET SIZE, BY HOSPITALITY, BY REGION, 2018-2024 (USD MILLION)
  • TABLE 82. GLOBAL WATER HEATER MARKET SIZE, BY HOSPITALITY, BY REGION, 2025-2032 (USD MILLION)
  • TABLE 83. GLOBAL WATER HEATER MARKET SIZE, BY HOSPITALITY, BY GROUP, 2018-2024 (USD MILLION)
  • TABLE 84. GLOBAL WATER HEATER MARKET SIZE, BY HOSPITALITY, BY GROUP, 2025-2032 (USD MILLION)
  • TABLE 85. GLOBAL WATER HEATER MARKET SIZE, BY HOSPITALITY, BY COUNTRY, 2018-2024 (USD MILLION)
  • TABLE 86. GLOBAL WATER HEATER MARKET SIZE, BY HOSPITALITY, BY COUNTRY, 2025-2032 (USD MILLION)
  • TABLE 87. GLOBAL WATER HEATER MARKET SIZE, BY INSTITUTIONAL, BY REGION, 2018-2024 (USD MILLION)
  • TABLE 88. GLOBAL WATER HEATER MARKET SIZE, BY INSTITUTIONAL, BY REGION, 2025-2032 (USD MILLION)
  • TABLE 89. GLOBAL WATER HEATER MARKET SIZE, BY INSTITUTIONAL, BY GROUP, 2018-2024 (USD MILLION)
  • TABLE 90. GLOBAL WATER HEATER MARKET SIZE, BY INSTITUTIONAL, BY GROUP, 2025-2032 (USD MILLION)
  • TABLE 91. GLOBAL WATER HEATER MARKET SIZE, BY INSTITUTIONAL, BY COUNTRY, 2018-2024 (USD MILLION)
  • TABLE 92. GLOBAL WATER HEATER MARKET SIZE, BY INSTITUTIONAL, BY COUNTRY, 2025-2032 (USD MILLION)
  • TABLE 93. GLOBAL WATER HEATER MARKET SIZE, BY INDUSTRIAL, BY REGION, 2018-2024 (USD MILLION)
  • TABLE 94. GLOBAL WATER HEATER MARKET SIZE, BY INDUSTRIAL, BY REGION, 2025-2032 (USD MILLION)
  • TABLE 95. GLOBAL WATER HEATER MARKET SIZE, BY INDUSTRIAL, BY GROUP, 2018-2024 (USD MILLION)
  • TABLE 96. GLOBAL WATER HEATER MARKET SIZE, BY INDUSTRIAL, BY GROUP, 2025-2032 (USD MILLION)
  • TABLE 97. GLOBAL WATER HEATER MARKET SIZE, BY INDUSTRIAL, BY COUNTRY, 2018-2024 (USD MILLION)
  • TABLE 98. GLOBAL WATER HEATER MARKET SIZE, BY INDUSTRIAL, BY COUNTRY, 2025-2032 (USD MILLION)
  • TABLE 99. GLOBAL WATER HEATER MARKET SIZE, BY RESIDENTIAL, BY REGION, 2018-2024 (USD MILLION)
  • TABLE 100. GLOBAL WATER HEATER MARKET SIZE, BY RESIDENTIAL, BY REGION, 2025-2032 (USD MILLION)
  • TABLE 101. GLOBAL WATER HEATER MARKET SIZE, BY RESIDENTIAL, BY GROUP, 2018-2024 (USD MILLION)
  • TABLE 102. GLOBAL WATER HEATER MARKET SIZE, BY RESIDENTIAL, BY GROUP, 2025-2032 (USD MILLION)
  • TABLE 103. GLOBAL WATER HEATER MARKET SIZE, BY RESIDENTIAL, BY COUNTRY, 2018-2024 (USD MILLION)
  • TABLE 104. GLOBAL WATER HEATER MARKET SIZE, BY RESIDENTIAL, BY COUNTRY, 2025-2032 (USD MILLION)
  • TABLE 105. GLOBAL WATER HEATER MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2024 (USD MILLION)
  • TABLE 106. GLOBAL WATER HEATER MARKET SIZE, BY DISTRIBUTION CHANNEL, 2025-2032 (USD MILLION)
  • TABLE 107. GLOBAL WATER HEATER MARKET SIZE, BY OFFLINE, BY REGION, 2018-2024 (USD MILLION)
  • TABLE 108. GLOBAL WATER HEATER MARKET SIZE, BY OFFLINE, BY REGION, 2025-2032 (USD MILLION)
  • TABLE 109. GLOBAL WATER HEATER MARKET SIZE, BY OFFLINE, BY GROUP, 2018-2024 (USD MILLION)
  • TABLE 110. GLOBAL WATER HEATER MARKET SIZE, BY OFFLINE, BY GROUP, 2025-2032 (USD MILLION)
  • TABLE 111. GLOBAL WATER HEATER MARKET SIZE, BY OFFLINE, BY COUNTRY, 2018-2024 (USD MILLION)
  • TABLE 112. GLOBAL WATER HEATER MARKET SIZE, BY OFFLINE, BY COUNTRY, 2025-2032 (USD MILLION)
  • TABLE 113. GLOBAL WATER HEATER MARKET SIZE, BY ONLINE, 2018-2024 (USD MILLION)
  • TABLE 114. GLOBAL WATER HEATER MARKET SIZE, BY ONLINE, 2025-2032 (USD MILLION)
  • TABLE 115. GLOBAL WATER HEATER MARKET SIZE, BY ONLINE, BY REGION, 2018-2024 (USD MILLION)
  • TABLE 116. GLOBAL WATER HEATER MARKET SIZE, BY ONLINE, BY REGION, 2025-2032 (USD MILLION)
  • TABLE 117. GLOBAL WATER HEATER MARKET SIZE, BY ONLINE, BY GROUP, 2018-2024 (USD MILLION)
  • TABLE 118. GLOBAL WATER HEATER MARKET SIZE, BY ONLINE, BY GROUP, 2025-2032 (USD MILLION)
  • TABLE 119. GLOBAL WATER HEATER MARKET SIZE, BY ONLINE, BY COUNTRY, 2018-2024 (USD MILLION)
  • TABLE 120. GLOBAL WATER HEATER MARKET SIZE, BY ONLINE, BY COUNTRY, 2025-2032 (USD MILLION)
  • TABLE 121. GLOBAL WATER HEATER MARKET SIZE, BY MANUFACTURER WEBSITE, BY REGION, 2018-2024 (USD MILLION)
  • TABLE 122. GLOBAL WATER HEATER MARKET SIZE, BY MANUFACTURER WEBSITE, BY REGION, 2025-2032 (USD MILLION)
  • TABLE 123. GLOBAL WATER HEATER MARKET SIZE, BY MANUFACTURER WEBSITE, BY GROUP, 2018-2024 (USD MILLION)
  • TABLE 124. GLOBAL WATER HEATER MARKET SIZE, BY MANUFACTURER WEBSITE, BY GROUP, 2025-2032 (USD MILLION)
  • TABLE 125. GLOBAL WATER HEATER MARKET SIZE, BY MANUFACTURER WEBSITE, BY COUNTRY, 2018-2024 (USD MILLION)
  • TABLE 126. GLOBAL WATER HEATER MARKET SIZE, BY MANUFACTURER WEBSITE, BY COUNTRY, 2025-2032 (USD MILLION)
  • TABLE 127. GLOBAL WATER HEATER MARKET SIZE, BY THIRD PARTY E-COMMERCE, BY REGION, 2018-2024 (USD MILLION)
  • TABLE 128. GLOBAL WATER HEATER MARKET SIZE, BY THIRD PARTY E-COMMERCE, BY REGION, 2025-2032 (USD MILLION)
  • TABLE 129. GLOBAL WATER HEATER MARKET SIZE, BY THIRD PARTY E-COMMERCE, BY GROUP, 2018-2024 (USD MILLION)
  • TABLE 130. GLOBAL WATER HEATER MARKET SIZE, BY THIRD PARTY E-COMMERCE, BY GROUP, 2025-2032 (USD MILLION)
  • TABLE 131. GLOBAL WATER HEATER MARKET SIZE, BY THIRD PARTY E-COMMERCE, BY COUNTRY, 2018-2024 (USD MILLION)
  • TABLE 132. GLOBAL WATER HEATER MARKET SIZE, BY THIRD PARTY E-COMMERCE, BY COUNTRY, 2025-2032 (USD MILLION)
  • TABLE 133. GLOBAL WATER HEATER MARKET SIZE, BY INSTALLATION TYPE, 2018-2024 (USD MILLION)
  • TABLE 134. GLOBAL WATER HEATER MARKET SIZE, BY INSTALLATION TYPE, 2025-2032 (USD MILLION)
  • TABLE 135. GLOBAL WATER HEATER MARKET SIZE, BY NEW INSTALLATION, BY REGION, 2018-2024 (USD MILLION)
  • TABLE 136. GLOBAL WATER HEATER MARKET SIZE, BY NEW INSTALLATION, BY REGION, 2025-2032 (USD MILLION)
  • TABLE 137. GLOBAL WATER HEATER MARKET SIZE, BY NEW INSTALLATION, BY GROUP, 2018-2024 (USD MILLION)
  • TABLE 138. GLOBAL WATER HEATER MARKET SIZE, BY NEW INSTALLATION, BY GROUP, 2025-2032 (USD MILLION)
  • TABLE 139. GLOBAL WATER HEATER MARKET SIZE, BY NEW INSTALLATION, BY COUNTRY, 2018-2024 (USD MILLION)
  • TABLE 140. GLOBAL WATER HEATER MARKET SIZE, BY NEW INSTALLATION, BY COUNTRY, 2025-2032 (USD MILLION)
  • TABLE 141. GLOBAL WATER HEATER MARKET SIZE, BY REPLACEMENT, BY REGION, 2018-2024 (USD MILLION)
  • TABLE 142. GLOBAL WATER HEATER MARKET SIZE, BY REPLACEMENT, BY REGION, 2025-2032 (USD MILLION)
  • TABLE 143. GLOBAL WATER HEATER MARKET SIZE, BY REPLACEMENT, BY GROUP, 2018-2024 (USD MILLION)
  • TABLE 144. GLOBAL WATER HEATER MARKET SIZE, BY REPLACEMENT, BY GROUP, 2025-2032 (USD MILLION)
  • TABLE 145. GLOBAL WATER HEATER MARKET SIZE, BY REPLACEMENT, BY COUNTRY, 2018-2024 (USD MILLION)
  • TABLE 146. GLOBAL WATER HEATER MARKET SIZE, BY REPLACEMENT, BY COUNTRY, 2025-2032 (USD MILLION)
  • TABLE 147. GLOBAL WATER HEATER MARKET SIZE, BY REGION, 2018-2024 (USD MILLION)
  • TABLE 148. GLOBAL WATER HEATER MARKET SIZE, BY REGION, 2025-2032 (USD MILLION)
  • TABLE 149. AMERICAS WATER HEATER MARKET SIZE, BY SUBREGION, 2018-2024 (USD MILLION)
  • TABLE 150. AMERICAS WATER HEATER MARKET SIZE, BY SUBREGION, 2025-2032 (USD MILLION)
  • TABLE 151. AMERICAS WATER HEATER MARKET SIZE, BY ENERGY SOURCE, 2018-2024 (USD MILLION)
  • TABLE 152. AMERICAS WATER HEATER MARKET SIZE, BY ENERGY SOURCE, 2025-2032 (USD MILLION)
  • TABLE 153. AMERICAS WATER HEATER MARKET SIZE, BY INSTALLATION TYPE, 2018-2024 (USD MILLION)
  • TABLE 154. AMERICAS WATER HEATER MARKET SIZE, BY INSTALLATION TYPE, 2025-2032 (USD MILLION)
  • TABLE 155. AMERICAS WATER HEATER MARKET SIZE, BY CAPACITY, 2018-2024 (USD MILLION)
  • TABLE 156. AMERICAS WATER HEATER MARKET SIZE, BY CAPACITY, 2025-2032 (USD MILLION)
  • TABLE 157. AMERICAS WATER HEATER MARKET SIZE, BY END USE, 2018-2024 (USD MILLION)
  • TABLE 158. AMERICAS WATER HEATER MARKET SIZE, BY END USE, 2025-2032 (USD MILLION)
  • TABLE 159. AMERICAS WATER HEATER MARKET SIZE, BY COMMERCIAL, 2018-2024 (USD MILLION)
  • TABLE 160. AMERICAS WATER HEATER MARKET SIZE, BY COMMERCIAL, 2025-2032 (USD MILLION)
  • TABLE 161. AMERICAS WATER HEATER MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2024 (USD MILLION)
  • TABLE 162. AMERICAS WATER HEATER MARKET SIZE, BY DISTRIBUTION CHANNEL, 2025-2032 (USD MILLION)
  • TABLE 163. AMERICAS WATER HEATER MARKET SIZE, BY ONLINE, 2018-2024 (USD MILLION)
  • TABLE 164. AMERICAS WATER HEATER MARKET SIZE, BY ONLINE, 2025-2032 (USD MILLION)
  • TABLE 165. AMERICAS WATER HEATER MARKET SIZE, BY INSTALLATION TYPE, 2018-2024 (USD MILLION)
  • TABLE 166. AMERICAS WATER HEATER MARKET SIZE, BY INSTALLATION TYPE, 2025-2032 (USD MILLION)
  • TABLE 167. NORTH AMERICA WATER HEATER MARKET SIZE, BY COUNTRY, 2018-2024 (USD MILLION)
  • TABLE 168. NORTH AMERICA WATER HEATER MARKET SIZE, BY COUNTRY, 2025-2032 (USD MILLION)
  • TABLE 169. NORTH AMERICA WATER HEATER MARKET SIZE, BY ENERGY SOURCE, 2018-2024 (USD MILLION)
  • TABLE 170. NORTH AMERICA WATER HEATER MARKET SIZE, BY ENERGY SOURCE, 2025-2032 (USD MILLION)
  • TABLE 171. NORTH AMERICA WATER HEATER MARKET SIZE, BY INSTALLATION TYPE, 2018-2024 (USD MILLION)
  • TABLE 172. NORTH AMERICA WATER HEATER MARKET SIZE, BY INSTALLATION TYPE, 2025-2032 (USD MILLION)
  • TABLE 173. NORTH AMERICA WATER HEATER MARKET SIZE, BY CAPACITY, 2018-2024 (USD MILLION)
  • TABLE 174. NORTH AMERICA WATER HEATER MARKET SIZE, BY CAPACITY, 2025-2032 (USD MILLION)
  • TABLE 175. NORTH AMERICA WATER HEATER MARKET SIZE, BY END USE, 2018-2024 (USD MILLION)
  • TABLE 176. NORTH AMERICA WATER HEATER MARKET SIZE, BY END USE, 2025-2032 (USD MILLION)
  • TABLE 177. NORTH AMERICA WATER HEATER MARKET SIZE, BY COMMERCIAL, 2018-2024 (USD MILLION)
  • TABLE 178. NORTH AMERICA WATER HEATER MARKET SIZE, BY COMMERCIAL, 2025-2032 (USD MILLION)
  • TABLE 179. NORTH AMERICA WATER HEATER MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2024 (USD MILLION)
  • TABLE 180. NORTH AMERICA WATER HEATER MARKET SIZE, BY DISTRIBUTION CHANNEL, 2025-2032 (USD MILLION)
  • TABLE 181. NORTH AMERICA WATER HEATER MARKET SIZE, BY ONLINE, 2018-2024 (USD MILLION)
  • TABLE 182. NORTH AMERICA WATER HEATER MARKET SIZE, BY ONLINE, 2025-2032 (USD MILLION)
  • TABLE 183. NORTH AMERICA WATER HEATER MARKET SIZE, BY INSTALLATION TYPE, 2018-2024 (USD MILLION)
  • TABLE 184. NORTH AMERICA WATER HEATER MARKET SIZE, BY INSTALLATION TYPE, 2025-2032 (USD MILLION)
  • TABLE 185. LATIN AMERICA WATER HEATER MARKET SIZE, BY COUNTRY, 2018-2024 (USD MILLION)
  • TABLE 186. LATIN AMERICA WATER HEATER MARKET SIZE, BY COUNTRY, 2025-2032 (USD MILLION)
  • TABLE 187. LATIN AMERICA WATER HEATER MARKET SIZE, BY ENERGY SOURCE, 2018-2024 (USD MILLION)
  • TABLE 188. LATIN AMERICA WATER HEATER MARKET SIZE, BY ENERGY SOURCE, 2025-2032 (USD MILLION)
  • TABLE 189. LATIN AMERICA WATER HEATER MARKET SIZE, BY INSTALLATION TYPE, 2018-2024 (USD MILLION)
  • TABLE 190. LATIN AMERICA WATER HEATER MARKET SIZE, BY INSTALLATION TYPE, 2025-2032 (USD MILLION)
  • TABLE 191. LATIN AMERICA WATER HEATER MARKET SIZE, BY CAPACITY, 2018-2024 (USD MILLION)
  • TABLE 192. LATIN AMERICA WATER HEATER MARKET SIZE, BY CAPACITY, 2025-2032 (USD MILLION)
  • TABLE 193. LATIN AMERICA WATER HEATER MARKET SIZE, BY END USE, 2018-2024 (USD MILLION)
  • TABLE 194. LATIN AMERICA WATER HEATER MARKET SIZE, BY END USE, 2025-2032 (USD MILLION)
  • TABLE 195. LATIN AMERICA WATER HEATER MARKET SIZE, BY COMMERCIAL, 2018-2024 (USD MILLION)
  • TABLE 196. LATIN AMERICA WATER HEATER MARKET SIZE, BY COMMERCIAL, 2025-2032 (USD MILLION)
  • TABLE 197. LATIN AMERICA WATER HEATER MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2024 (USD MILLION)
  • TABLE 198. LATIN AMERICA WATER HEATER MARKET SIZE, BY DISTRIBUTION CHANNEL, 2025-2032 (USD MILLION)
  • TABLE 199. LATIN AMERICA WATER HEATER MARKET SIZE, BY ONLINE, 2018-2024 (USD MILLION)
  • TABLE 200. LATIN AMERICA WATER HEATER MARKET SIZE, BY ONLINE, 2025-2032 (USD MILLION)
  • TABLE 201. LATIN AMERICA WATER HEATER MARKET SIZE, BY INSTALLATION TYPE, 2018-2024 (USD MILLION)
  • TABLE 202. LATIN AMERICA WATER HEATER MARKET SIZE, BY INSTALLATION TYPE, 2025-2032 (USD MILLION)
  • TABLE 203. EUROPE, MIDDLE EAST & AFRICA WATER HEATER MARKET SIZE, BY SUBREGION, 2018-2024 (USD MILLION)
  • TABLE 204. EUROPE, MIDDLE EAST & AFRICA WATER HEATER MARKET SIZE, BY SUBREGION, 2025-2032 (USD MILLION)
  • TABLE 205. EUROPE, MIDDLE EAST & AFRICA WATER HEATER MARKET SIZE, BY ENERGY SOURCE, 2018-2024 (USD MILLION)
  • TABLE 206. EUROPE, MIDDLE EAST & AFRICA WATER HEATER MARKET SIZE, BY ENERGY SOURCE, 2025-2032 (USD MILLION)
  • TABLE 207. EUROPE, MIDDLE EAST & AFRICA WATER HEATER MARKET SIZE, BY INSTALLATION TYPE, 2018-2024 (USD MILLION)
  • TABLE 208. EUROPE, MIDDLE EAST & AFRICA WATER HEATER MARKET SIZE, BY INSTALLATION TYPE, 2025-2032 (USD MILLION)
  • TABLE 209. EUROPE, MIDDLE EAST & AFRICA WATER HEATER MARKET SIZE, BY CAPACITY, 2018-2024 (USD MILLION)
  • TABLE 210. EUROPE, MIDDLE EAST & AFRICA WATER HEATER MARKET SIZE, BY CAPACITY, 2025-2032 (USD MILLION)
  • TABLE 211. EUROPE, MIDDLE EAST & AFRICA WATER HEATER MARKET SIZE, BY END USE, 2018-2024 (USD MILLION)
  • TABLE 212. EUROPE, MIDDLE EAST & AFRICA WATER HEATER MARKET SIZE, BY END USE, 2025-2032 (USD MILLION)
  • TABLE 213. EUROPE, MIDDLE EAST & AFRICA WATER HEATER MARKET SIZE, BY COMMERCIAL, 2018-2024 (USD MILLION)
  • TABLE 214. EUROPE, MIDDLE EAST & AFRICA WATER HEATER MARKET SIZE, BY COMMERCIAL, 2025-2032 (USD MILLION)
  • TABLE 215. EUROPE, MIDDLE EAST & AFRICA WATER HEATER MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2024 (USD MILLION)
  • TABLE 216. EUROPE, MIDDLE EAST & AFRICA WATER HEATER MARKET SIZE, BY DISTRIBUTION CHANNEL, 2025-2032 (USD MILLION)
  • TABLE 217. EUROPE, MIDDLE EAST & AFRICA WATER HEATER MARKET SIZE, BY ONLINE, 2018-2024 (USD MILLION)
  • TABLE 218. EUROPE, MIDDLE EAST & AFRICA WATER HEATER MARKET SIZE, BY ONLINE, 2025-2032 (USD MILLION)
  • TABLE 219. EUROPE, MIDDLE EAST & AFRICA WATER HEATER MARKET SIZE, BY INSTALLATION TYPE, 2018-2024 (USD MILLION)
  • TABLE 220. EUROPE, MIDDLE EAST & AFRICA WATER HEATER MARKET SIZE, BY INSTALLATION TYPE, 2025-2032 (USD MILLION)
  • TABLE 221. EUROPE WATER HEATER MARKET SIZE, BY COUNTRY, 2018-2024 (USD MILLION)
  • TABLE 222. EUROPE WATER HEATER MARKET SIZE, BY COUNTRY, 2025-2032 (USD MILLION)
  • TABLE 223. EUROPE WATER HEATER MARKET SIZE, BY ENERGY SOURCE, 2018-2024 (USD MILLION)
  • TABLE 224. EUROPE WATER HEATER MARKET SIZE, BY ENERGY SOURCE, 2025-2032 (USD MILLION)
  • TABLE 225. EUROPE WATER HEATER MARKET SIZE, BY INSTALLATION TYPE, 2018-2024 (USD MILLION)
  • TABLE 226. EUROPE WATER HEATER MARKET SIZE, BY INSTALLATION TYPE, 2025-2032 (USD MILLION)
  • TABLE 227. EUROPE WATER HEATER MARKET SIZE, BY CAPACITY, 2018-2024 (USD MILLION)
  • TABLE 228. EUROPE WATER HEATER MARKET SIZE, BY CAPACITY, 2025-2032 (USD MILLION)
  • TABLE 229. EUROPE WATER HEATER MARKET SIZE, BY END USE, 2018-2024 (USD MILLION)
  • TABLE 230. EUROPE WATER HEATER MARKET SIZE, BY END USE, 2025-2032 (USD MILLION)
  • TABLE 231. EUROPE WATER HEATER MARKET SIZE, BY COMMERCIAL, 2018-2024 (USD MILLION)
  • TABLE 232. EUROPE WATER HEATER MARKET SIZE, BY COMMERCIAL, 2025-2032 (USD MILLION)
  • TABLE 233. EUROPE WATER HEATER MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2024 (USD MILLION)
  • TABLE 234. EUROPE WATER HEATER MARKET SIZE, BY DISTRIBUTION CHANNEL, 2025-2032 (USD MILLION)
  • TABLE 235. EUROPE WATER HEATER MARKET SIZE, BY ONLINE, 2018-2024 (USD MILLION)
  • TABLE 236. EUROPE WATER HEATER MARKET SIZE, BY ONLINE, 2025-2032 (USD MILLION)
  • TABLE 237. EUROPE WATER HEATER MARKET SIZE, BY INSTALLATION TYPE, 2018-2024 (USD MILLION)
  • TABLE 238. EUROPE WATER HEATER MARKET SIZE, BY INSTALLATION TYPE, 2025-2032 (USD MILLION)
  • TABLE 239. MIDDLE EAST WATER HEATER MARKET SIZE, BY COUNTRY, 2018-2024 (USD MILLION)
  • TABLE 240. MIDDLE EAST WATER HEATER MARKET SIZE, BY COUNTRY, 2025-2032 (USD MILLION)
  • TABLE 241. MIDDLE EAST WATER HEATER MARKET SIZE, BY ENERGY SOURCE, 2018-2024 (USD MILLION)
  • TABLE 242. MIDDLE EAST WATER HEATER MARKET SIZE, BY ENERGY SOURCE, 2025-2032 (USD MILLION)
  • TABLE 243. MIDDLE EAST WATER HEATER MARKET SIZE, BY INSTALLATION TYPE, 2018-2024 (USD MILLION)
  • TABLE 244. MIDDLE EAST WATER HEATER MARKET SIZE, BY INSTALLATION TYPE, 2025-2032 (USD MILLION)
  • TABLE 245. MIDDLE EAST WATER HEATER MARKET SIZE, BY CAPACITY, 2018-2024 (USD MILLION)
  • TABLE 246. MIDDLE EAST WATER HEATER MARKET SIZE, BY CAPACITY, 2025-2032 (USD MILLION)
  • TABLE 247. MIDDLE EAST WATER HEATER MARKET SIZE, BY END USE, 2018-2024 (USD MILLION)
  • TABLE 248. MIDDLE EAST WATER HEATER MARKET SIZE, BY END USE, 2025-2032 (USD MILLION)
  • TABLE 249. MIDDLE EAST WATER HEATER MARKET SIZE, BY COMMERCIAL, 2018-2024 (USD MILLION)
  • TABLE 250. MIDDLE EAST WATER HEATER MARKET SIZE, BY COMMERCIAL, 2025-2032 (USD MILLION)
  • TABLE 251. MIDDLE EAST WATER HEATER MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2024 (USD MILLION)
  • TABLE 252. MIDDLE EAST WATER HEATER MARKET SIZE, BY DISTRIBUTION CHANNEL, 2025-2032 (USD MILLION)
  • TABLE 253. MIDDLE EAST WATER HEATER MARKET SIZE, BY ONLINE, 2018-2024 (USD MILLION)
  • TABLE 254. MIDDLE EAST WATER HEATER MARKET SIZE, BY ONLINE, 2025-2032 (USD MILLION)
  • TABLE 255. MIDDLE EAST WATER HEATER MARKET SIZE, BY INSTALLATION TYPE, 2018-2024 (USD MILLION)
  • TABLE 256. MIDDLE EAST WATER HEATER MARKET SIZE, BY INSTALLATION TYPE, 2025-2032 (USD MILLION)
  • TABLE 257. AFRICA WATER HEATER MARKET SIZE, BY COUNTRY, 2018-2024 (USD MILLION)
  • TABLE 258. AFRICA WATER HEATER MARKET SIZE, BY COUNTRY, 2025-2032 (USD MILLION)
  • TABLE 259. AFRICA WATER HEATER MARKET SIZE, BY ENERGY SOURCE, 2018-2024 (USD MILLION)
  • TABLE 260. AFRICA WATER HEATER MARKET SIZE, BY ENERGY SOURCE, 2025-2032 (USD MILLION)
  • TABLE 261. AFRICA WATER HEATER MARKET SIZE, BY INSTALLATION TYPE, 2018-2024 (USD MILLION)
  • TABLE 262. AFRICA WATER HEATER MARKET SIZE, BY INSTALLATION TYPE, 2025-2032 (USD MILLION)
  • TABLE 263. AFRICA WATER HEATER MARKET SIZE, BY CAPACITY, 2018-2024 (USD MILLION)
  • TABLE 264. AFRICA WATER HEATER MARKET SIZE, BY CAPACITY, 2025-2032 (USD MILLION)
  • TABLE 265. AFRICA WATER HEATER MARKET SIZE, BY END USE, 2018-2024 (USD MILLION)
  • TABLE 266. AFRICA WATER HEATER MARKET SIZE, BY END USE, 2025-2032 (USD MILLION)
  • TABLE 267. AFRICA WATER HEATER MARKET SIZE, BY COMMERCIAL, 2018-2024 (USD MILLION)
  • TABLE 268. AFRICA WATER HEATER MARKET SIZE, BY COMMERCIAL, 2025-2032 (USD MILLION)
  • TABLE 269. AFRICA WATER HEATER MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2024 (USD MILLION)
  • TABLE 270. AFRICA WATER HEATER MARKET SIZE, BY DISTRIBUTION CHANNEL, 2025-2032 (USD MILLION)
  • TABLE 271. AFRICA WATER HEATER MARKET SIZE, BY ONLINE, 2018-2024 (USD MILLION)
  • TABLE 272. AFRICA WATER HEATER MARKET SIZE, BY ONLINE, 2025-2032 (USD MILLION)
  • TABLE 273. AFRICA WATER HEATER MARKET SIZE, BY INSTALLATION TYPE, 2018-2024 (USD MILLION)
  • TABLE 274. AFRICA WATER HEATER MARKET SIZE, BY INSTALLATION TYPE, 2025-2032 (USD MILLION)
  • TABLE 275. ASIA-PACIFIC WATER HEATER MARKET SIZE, BY COUNTRY, 2018-2024 (USD MILLION)
  • TABLE 276. ASIA-PACIFIC WATER HEATER MARKET SIZE, BY COUNTRY, 2025-2032 (USD MILLION)
  • TABLE 277. ASIA-PACIFIC WATER HEATER MARKET SIZE, BY ENERGY SOURCE, 2018-2024 (USD MILLION)
  • TABLE 278. ASIA-PACIFIC WATER HEATER MARKET SIZE, BY ENERGY SOURCE, 2025-2032 (USD MILLION)
  • TABLE 279. ASIA-PACIFIC WATER HEATER MARKET SIZE, BY INSTALLATION TYPE, 2018-2024 (USD MILLION)
  • TABLE 280. ASIA-PACIFIC WATER HEATER MARKET SIZE, BY INSTALLATION TYPE, 2025-2032 (USD MILLION)
  • TABLE 281. ASIA-PACIFIC WATER HEATER MARKET SIZE, BY CAPACITY, 2018-2024 (USD MILLION)
  • TABLE 282. ASIA-PACIFIC WATER HEATER MARKET SIZE, BY CAPACITY, 2025-2032 (USD MILLION)
  • TABLE 283. ASIA-PACIFIC WATER HEATER MARKET SIZE, BY END USE, 2018-2024 (USD MILLION)
  • TABLE 284. ASIA-PACIFIC WATER HEATER MARKET SIZE, BY END USE, 2025-2032 (USD MILLION)
  • TABLE 285. ASIA-PACIFIC WATER HEATER MARKET SIZE, BY COMMERCIAL, 2018-2024 (USD MILLION)
  • TABLE 286. ASIA-PACIFIC WATER HEATER MARKET SIZE, BY COMMERCIAL, 2025-2032 (USD MILLION)
  • TABLE 287. ASIA-PACIFIC WATER HEATER MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2024 (USD MILLION)
  • TABLE 288. ASIA-PACIFIC WATER HEATER MARKET SIZE, BY DISTRIBUTION CHANNEL, 2025-2032 (USD MILLION)
  • TABLE 289. ASIA-PACIFIC WATER HEATER MARKET SIZE, BY ONLINE, 2018-2024 (USD MILLION)
  • TABLE 290. ASIA-PACIFIC WATER HEATER MARKET SIZE, BY ONLINE, 2025-2032 (USD MILLION)
  • TABLE 291. ASIA-PACIFIC WATER HEATER MARKET SIZE, BY INSTALLATION TYPE, 2018-2024 (USD MILLION)
  • TABLE 292. ASIA-PACIFIC WATER HEATER MARKET SIZE, BY INSTALLATION TYPE, 2025-2032 (USD MILLION)
  • TABLE 293. GLOBAL WATER HEATER MARKET SIZE, BY GROUP, 2018-2024 (USD MILLION)
  • TABLE 294. GLOBAL WATER HEATER MARKET SIZE, BY GROUP, 2025-2032 (USD MILLION)
  • TABLE 295. ASEAN WATER HEATER MARKET SIZE, BY COUNTRY, 2018-2024 (USD MILLION)
  • TABLE 296. ASEAN WATER HEATER MARKET SIZE, BY COUNTRY, 2025-2032 (USD MILLION)
  • TABLE 297. ASEAN WATER HEATER MARKET SIZE, BY ENERGY SOURCE, 2018-2024 (USD MILLION)
  • TABLE 298. ASEAN WATER HEATER MARKET SIZE, BY ENERGY SOURCE, 2025-2032 (USD MILLION)
  • TABLE 299. ASEAN WATER HEATER MARKET SIZE, BY INSTALLATION TYPE, 2018-2024 (USD MILLION)
  • TABLE 300. ASEAN WATER HEATER MARKET SIZE, BY INSTALLATION TYPE, 2025-2032 (USD MILLION)
  • TABLE 301. ASEAN WATER HEATER MARKET SIZE, BY CAPACITY, 2018-2024 (USD MILLION)
  • TABLE 302. ASEAN WATER HEATER MARKET SIZE, BY CAPACITY, 2025-2032 (USD MILLION)
  • TABLE 303. ASEAN WATER HEATER MARKET SIZE, BY END USE, 2018-2024 (USD MILLION)
  • TABLE 304. ASEAN WATER HEATER MARKET SIZE, BY END USE, 2025-2032 (USD MILLION)
  • TABLE 305. ASEAN WATER HEATER MARKET SIZE, BY COMMERCIAL, 2018-2024 (USD MILLION)
  • TABLE 306. ASEAN WATER HEATER MARKET SIZE, BY COMMERCIAL, 2025-2032 (USD MILLION)
  • TABLE 307. ASEAN WATER HEATER MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2024 (USD MILLION)
  • TABLE 308. ASEAN WATER HEATER MARKET SIZE, BY DISTRIBUTION CHANNEL, 2025-2032 (USD MILLION)
  • TABLE 309. ASEAN WATER HEATER MARKET SIZE, BY ONLINE, 2018-2024 (USD MILLION)
  • TABLE 310. ASEAN WATER HEATER MARKET SIZE, BY ONLINE, 2025-2032 (USD MILLION)
  • TABLE 311. ASEAN WATER HEATER MARKET SIZE, BY INSTALLATION TYPE, 2018-2024 (USD MILLION)
  • TABLE 312. ASEAN WATER HEATER MARKET SIZE, BY INSTALLATION TYPE, 2025-2032 (USD MILLION)
  • TABLE 313. GCC WATER HEATER MARKET SIZE, BY COUNTRY, 2018-2024 (USD MILLION)
  • TABLE 314. GCC WATER HEATER MARKET SIZE, BY COUNTRY, 2025-2032 (USD MILLION)
  • TABLE 315. GCC WATER HEATER MARKET SIZE, BY ENERGY SOURCE, 2018-2024 (USD MILLION)
  • TABLE 316. GCC WATER HEATER MARKET SIZE, BY ENERGY SOURCE, 2025-2032 (USD MILLION)
  • TABLE 317. GCC WATER HEATER MARKET SIZE, BY INSTALLATION TYPE, 2018-2024 (USD MILLION)
  • TABLE 318. GCC WATER HEATER MARKET SIZE, BY INSTALLATION TYPE, 2025-2032 (USD MILLION)
  • TABLE 319. GCC WATER HEATER MARKET SIZE, BY CAPACITY, 2018-2024 (USD MILLION)
  • TABLE 320. GCC WATER HEATER MARKET SIZE, BY CAPACITY, 2025-2032 (USD MILLION)
  • TABLE 321. GCC WATER HEATER MARKET SIZE, BY END USE, 2018-2024 (USD MILLION)
  • TABLE 322. GCC WATER HEATER MARKET SIZE, BY END USE, 2025-2032 (USD MILLION)
  • TABLE 323. GCC WATER HEATER MARKET SIZE, BY COMMERCIAL, 2018-2024 (USD MILLION)
  • TABLE 324. GCC WATER HEATER MARKET SIZE, BY COMMERCIAL, 2025-2032 (USD MILLION)
  • TABLE 325. GCC WATER HEATER MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2024 (USD MILLION)
  • TABLE 326. GCC WATER HEATER MARKET SIZE, BY DISTRIBUTION CHANNEL, 2025-2032 (USD MILLION)
  • TABLE 327. GCC WATER HEATER MARKET SIZE, BY ONLINE, 2018-2024 (USD MILLION)
  • TABLE 328. GCC WATER HEATER MARKET SIZE, BY ONLINE, 2025-2032 (USD MILLION)
  • TABLE 329. GCC WATER HEATER MARKET SIZE, BY INSTALLATION TYPE, 2018-2024 (USD MILLION)
  • TABLE 330. GCC WATER HEATER MARKET SIZE, BY INSTALLATION TYPE, 2025-2032 (USD MILLION)
  • TABLE 331. EUROPEAN UNION WATER HEATER MARKET SIZE, BY COUNTRY, 2018-2024 (USD MILLION)
  • TABLE 332. EUROPEAN UNION WATER HEATER MARKET SIZE, BY COUNTRY, 2025-2032 (USD MILLION)
  • TABLE 333. EUROPEAN UNION WATER HEATER MARKET SIZE, BY ENERGY SOURCE, 2018-2024 (USD MILLION)
  • TABLE 334. EUROPEAN UNION WATER HEATER MARKET SIZE, BY ENERGY SOURCE, 2025-2032 (USD MILLION)
  • TABLE 335. EUROPEAN UNION WATER HEATER MARKET SIZE, BY INSTALLATION TYPE, 2018-2024 (USD MILLION)
  • TABLE 336. EUROPEAN UNION WATER HEATER MARKET SIZE, BY INSTALLATION TYPE, 2025-2032 (USD MILLION)
  • TABLE 337. EUROPEAN UNION WATER HEATER MARKET SIZE, BY CAPACITY, 2018-2024 (USD MILLION)
  • TABLE 338. EUROPEAN UNION WATER HEATER MARKET SIZE, BY CAPACITY, 2025-2032 (USD MILLION)
  • TABLE 339. EUROPEAN UNION WATER HEATER MARKET SIZE, BY END USE, 2018-2024 (USD MILLION)
  • TABLE 340. EUROPEAN UNION WATER HEATER MARKET SIZE, BY END USE, 2025-2032 (USD MILLION)
  • TABLE 341. EUROPEAN UNION WATER HEATER MARKET SIZE, BY COMMERCIAL, 2018-2024 (USD MILLION)
  • TABLE 342. EUROPEAN UNION WATER HEATER MARKET SIZE, BY COMMERCIAL, 2025-2032 (USD MILLION)
  • TABLE 343. EUROPEAN UNION WATER HEATER MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2024 (USD MILLION)
  • TABLE 344. EUROPEAN UNION WATER HEATER MARKET SIZE, BY DISTRIBUTION CHANNEL, 2025-2032 (USD MILLION)
  • TABLE 345. EUROPEAN UNION WATER HEATER MARKET SIZE, BY ONLINE, 2018-2024 (USD MILLION)
  • TABLE 346. EUROPEAN UNION WATER HEATER MARKET SIZE, BY ONLINE, 2025-2032 (USD MILLION)
  • TABLE 347. EUROPEAN UNION WATER HEATER MARKET SIZE, BY INSTALLATION TYPE, 2018-2024 (USD MILLION)
  • TABLE 348. EUROPEAN UNION WATER HEATER MARKET SIZE, BY INSTALLATION TYPE, 2025-2032 (USD MILLION)
  • TABLE 349. BRICS WATER HEATER MARKET SIZE, BY COUNTRY, 2018-2024 (USD MILLION)
  • TABLE 350. BRICS WATER HEATER MARKET SIZE, BY COUNTRY, 2025-2032 (USD MILLION)
  • TABLE 351. BRICS WATER HEATER MARKET SIZE, BY ENERGY SOURCE, 2018-2024 (USD MILLION)
  • TABLE 352. BRICS WATER HEATER MARKET SIZE, BY ENERGY SOURCE, 2025-2032 (USD MILLION)
  • TABLE 353. BRICS WATER HEATER MARKET SIZE, BY INSTALLATION TYPE, 2018-2024 (USD MILLION)
  • TABLE 354. BRICS WATER HEATER MARKET SIZE, BY INSTALLATION TYPE, 2025-2032 (USD MILLION)
  • TABLE 355. BRICS WATER HEATER MARKET SIZE, BY CAPACITY, 2018-2024 (USD MILLION)
  • TABLE 356. BRICS WATER HEATER MARKET SIZE, BY CAPACITY, 2025-2032 (USD MILLION)
  • TABLE 357. BRICS WATER HEATER MARKET SIZE, BY END USE, 2018-2024 (USD MILLION)
  • TABLE 358. BRICS WATER HEATER MARKET SIZE, BY END USE, 2025-2032 (USD MILLION)
  • TABLE 359. BRICS WATER HEATER MARKET SIZE, BY COMMERCIAL, 2018-2024 (USD MILLION)
  • TABLE 360. BRICS WATER HEATER MARKET SIZE, BY COMMERCIAL, 2025-2032 (USD MILLION)
  • TABLE 361. BRICS WATER HEATER MARKET SIZE, BY DISTRIBUTION CHANNEL, 2018-2024 (USD MILLION)
  • TABLE 362. BRICS WATER HEATER MARKET SIZE, BY DISTRIBUTION CHANNEL, 2