Water Heater Market Size to Witness Steady Development During 2022-2032.

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The Global Water Heater Market Size is expected to reach USD 46.62 Billion by 2032, at a CAGR of 4.37% during the forecast period 2022 to 2032.

Comprehensive historical analysis of global market for Water Heater has thoroughly analyzed in this report. It offers data and insights from 2019-2022, and provides extensive market forecasts from 2023-2032 by region/country and subsectors. It covers the price, sales volume, revenue, historical growth, gross margin, and future outlooks for the Water Heater market.

The Global Water Heater Market Size is expected to reach USD 46.62 Billion by 2032, at a CAGR of 4.37% during the forecast period 2022 to 2032.

The report includes growth prospects in the global Water Heater market by type, application, sub segement and region and QMI has compiled a comprehensive detailed research report to offer insights. The report details consumption in the Consumer Goods and other sectors. Regional coverage spans North America, Europe, and rest of the world including Asia Pacific.

Leading players of Water Heater including:

  • A.O. Smith
  • Lennox International Inc.
  • Kenmore
  • Robert Bosch LLC
  • Havells India Ltd
  • Ariston Thermo SpA
  • Rheem Manufacturing Company
  • FERROLI S.p.A
  • Watlow Electric Manufacturing Co.
  • Rinnai Corporation
  • Runsun Energy Technology Co., Ltd
  • Bradford White Corporation
  • NORITZ Corporation
  • Whirlpool Corporation
  • Westinghouse Electric Corporation
  • Bajaj Electricals Ltd
  • Haier Inc.

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Market split by Segement, can be divided into:

Power Analysis Electric Solar Gas Others

Product Analysis Tankless Storage Hybrid Others

Market segment by Region/Country including:

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • Uk
    • France
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Rest of Asia Pacific
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Qatar
    • South Africa
    • Rest of Middle East & Africa

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On March 2023, Bradford White Water Heaters, an industry-leading American manufacturer of water heaters, boilers, and storage tanks, announces that the Green Restaurant Association (GRA), the leading voice within the Green Restaurant movement, has certified its Infiniti® GS and GR tankless water heaters, as well as select eF Series® Ultra High-Efficiency commercial tank gas water heaters, for use in GRA-certified restaurants.

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Whats covered in the report?

  • 1. Overview of the Water Heater market.
  • 2. The current and forecasted regional (North America, Europe, Asia-Pacific, Latin America, the Middle East and Africa) market size data for the Water Heater market, based on segement.
  • 3. Water Heater Market trends.
  • 4. Water Heater Market drivers.
  • 5. Analysis of major company profiles.

Reasons to buy this Market Report:


1. Save time carrying out entry-level research by identifying the size, growth, and leading players in the emerging Water Heater market.
2. Use the SWOT analysis to determine the competitive intensity and therefore attractiveness of the emerging Water Heater Industry.
3. Leading company profiles reveal details of key Water Heater market players emerging five operations and financial performance.
4. Add weight to presentations and pitches by understanding the future growth prospects of the emerging Water Heater market with five year historical forecasts.
5. Compares data from North America, South America, Asia Pacific Europe and Middle East Africa, alongside individual chapters on each region.
6. Extensive information on factors that will amplify the growth of the Water Heater market over the upcoming seven years
7. Accurate estimation of the global Water Heater market size
8. Exact estimations of the upcoming trends and changes observed in the consumer behavior
9. Growth of the global Water Heater market across the North & South America, EMEA, Asia Pacific, and Latin America
10. Information about Water Heater market growth potential
11. In-depth analysis of the industry’s competitive landscape and detailed information vis-a-vis on various vendors
12. Furnishing of detailed information on the factors that will restrain the growth of the Water Heater market

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