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Water Heater Market Analysis Report 2024: Market to Grow by a CAGR of 4.5 to 2032, Driven by Government Incentives, Popularity of Virtual Assistants, and Strategic Partnerships

Water Heater Market by Type (Electric Water Heater, Solar Water Heater, Gas Water Heater, Others), by Storage Type (Tankless Heater, Storage Heater, Heat Pump Heater), by Application (Residential, Industrial, Commercial), by North America (U.S., Canada, Mexico), by Europe (UK, Germany, France, Italy, Spain, Russia, Netherlands, Switzerland, Poland, Sweden, Belgium), by Asia Pacific (China, India, Japan, South Korea, Australia, Singapore, Malaysia, Indonesia, Thailand, Philippines, New Zealand), by Latin America (Brazil, Mexico, Argentina, Chile, Colombia, Peru), by MEA (UAE, Saudi Arabia, South Africa, Egypt, Turkey, Israel, Nigeria, Kenya) Forecast 2024-2032

Aug 17 2024
Base Year: 2023
180 Pages
Market Research Future Logo

Water Heater Market Analysis Report 2024: Market to Grow by a CAGR of 4.5 to 2032, Driven by Government Incentives, Popularity of Virtual Assistants, and Strategic Partnerships

Key Insights

The size of the Water Heater Market market was valued at USD 31.1 USD Billion in 2023 and is projected to reach USD 42.32 USD Billion by 2032, with an expected CAGR of 4.5 % during the forecast period. A water heater is a system that warms water for usage in homes or in industries as required. It is available in different models such as the tankless (on-demand) water heater, the storage tank water heater, the heat pump water heater, and the solar water heater. Tankless heaters come with no storage and supply hot water on demand, while storage tank heaters come with a storage tank of hot water. Heat pumps water heaters work based on electricity, which circulates heat from the air to the water and thus is efficient. There are solar water heaters that use solar power to heat water and are sure suited for green uses. They can be fitted in homes, hotels, hospitals, and industrial processes where hot water is needed in normal operations, washing or heating.

Water Heater Market Research Report - Market Size, Growth & ForecastWater Heater Trends

  • Increasing adoption of energy-efficient water heaters.
  • Rising demand for tankless water heaters.
  • Growing popularity of solar water heaters.

Driving Forces: What's Propelling the Water Heater Market

  • Increasing urban population and urbanization.
  • Rising disposable income and consumer spending.
  • Government incentives and subsidies for energy-efficient appliances.

Challenges and Restraints in Water Heater Market

  • High installation and maintenance costs.
  • Lack of awareness about energy-efficient water heaters.
  • Competition from other home appliances.

Emerging Trends in Water Heater

  • Integration of smart technologies.
  • Development of hybrid water heaters.
  • Focus on sustainable and eco-friendly water heating solutions.

Growth Catalysts in Water Heater Industry

Water Heater Market Growth

  • Growing demand from emerging economies.
  • Technological advancements and product innovation.
  • Government regulations and standards for energy efficiency.

Market Segmentation: Water Heater Analysis

Type:

  • Electric Water Heater
  • Solar Water Heater
  • Gas Water Heater
  • Others

Storage Type:

  • Tankless Heater
  • Storage Heater
  • Heat Pump Heater

Application:

  • Residential
  • Industrial
  • Commercial

Leading Players in the Water Heater Market

  • Ebara Corporation
  • Stiebel Eltron Inc.
  • Vanguard Technology Inc.
  • Robert Bosch LLC
  • Rinnai America Corporation 
  • A. O. Smith Corporation
  • Whirlpool Corporation
  • Navien Inc.
  • Noritz America
  • General Electric (GE) Appliances
  • Ferroli S.p.A.

Significant Developments in the Water Heater Sector

  • 2022: Bosch launches a new line of energy-efficient water heaters with advanced smart controls.
  • 2021: Stiebel Eltron introduces a new solar water heater system with integrated battery storage.
  • 2020: Rinnai America Corporation announces a partnership with Tesla to develop a smart water heater system.

Comprehensive Coverage Water Heater Market Report

The water heater market report provides an in-depth analysis of the market, including:

  • Market size and forecast
  • Key market trends and drivers
  • Market segmentation and analysis
  • Competitive landscape and company profiles
  • Growth opportunities and challenges

Regional Insight

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Technology Analysis

  • Smart water heaters
  • Heat pump water heaters
  • Solar water heaters

Import & Export Analysis

  • Key importing and exporting countries
  • Trade patterns and regulations

Production & Consumption

  • Global water heater production and consumption trends

Regulatory Landscape

  • Government regulations and standards for water heaters
  • Energy efficiency requirements

Water Heater Market REPORT HIGHLIGHTS

AspectsDetails
Study Period 2018-2032
Base Year 2023
Estimated Year 2024
Forecast Period2024-2032
Historical Period2018-2023
Growth RateCAGR of 4.5 % from 2018-2032
Segmentation
    • By Type
      • Electric Water Heater
      • Solar Water Heater
      • Gas Water Heater
      • Others
    • By Storage Type
      • Tankless Heater
      • Storage Heater
      • Heat Pump Heater
    • By Application
      • Residential
      • Industrial
      • Commercial
  • By Geography
    • North America
      • U.S.
      • Canada
      • Mexico
    • Europe
      • UK
      • Germany
      • France
      • Italy
      • Spain
      • Russia
      • Netherlands
      • Switzerland
      • Poland
      • Sweden
      • Belgium
    • Asia Pacific
      • China
      • India
      • Japan
      • South Korea
      • Australia
      • Singapore
      • Malaysia
      • Indonesia
      • Thailand
      • Philippines
      • New Zealand
    • Latin America
      • Brazil
      • Mexico
      • Argentina
      • Chile
      • Colombia
      • Peru
    • MEA
      • UAE
      • Saudi Arabia
      • South Africa
      • Egypt
      • Turkey
      • Israel
      • Nigeria
      • Kenya

Frequently Asked Questions

Table Of Content
  1. 1. Introduction
    • 1.1. Research Scope
    • 1.2. Market Segmentation
    • 1.3. Research Methodology
    • 1.4. Definitions and Assumptions
  2. 2. Executive Summary
    • 2.1. Introduction
  3. 3. Market Dynamics
    • 3.1. Introduction
      • 3.2. Market Drivers
        • 3.2.1. Growing Focus on Safety and Organization to Fuel Market Growth
      • 3.3. Market Restrains
        • 3.3.1. Complex Planning and Delay in Authorization Procedures Can Hamper the Market Growth
      • 3.4. Market Trends
        • 3.4.1. Solar Energy to Play a Significant Role in Achieving Green Energy Targets
  4. 4. Market Factor Analysis
    • 4.1. Porters Five Forces
    • 4.2. Supply/Value Chain
    • 4.3. PESTEL analysis
    • 4.4. Market Entropy
    • 4.5. Patent/Trademark Analysis
  5. 5. Global Water Heater Market Analysis, Insights and Forecast, 2018-2030
    • 5.1. Market Analysis, Insights and Forecast - by Type
      • 5.1.1. Electric Water Heater
      • 5.1.2. Solar Water Heater
      • 5.1.3. Gas Water Heater
      • 5.1.4. Others
    • 5.2. Market Analysis, Insights and Forecast - by Storage Type
      • 5.2.1. Tankless Heater
      • 5.2.2. Storage Heater
      • 5.2.3. Heat Pump Heater
    • 5.3. Market Analysis, Insights and Forecast - by Application
      • 5.3.1. Residential
      • 5.3.2. Industrial
      • 5.3.3. Commercial
    • 5.4. Market Analysis, Insights and Forecast - by Region
      • 5.4.1. North America
      • 5.4.2. Europe
      • 5.4.3. Asia Pacific
      • 5.4.4. Latin America
      • 5.4.5. MEA
  6. 6. North America Water Heater Market Analysis, Insights and Forecast, 2018-2030
    • 6.1. Market Analysis, Insights and Forecast - by Type
      • 6.1.1. Electric Water Heater
      • 6.1.2. Solar Water Heater
      • 6.1.3. Gas Water Heater
      • 6.1.4. Others
    • 6.2. Market Analysis, Insights and Forecast - by Storage Type
      • 6.2.1. Tankless Heater
      • 6.2.2. Storage Heater
      • 6.2.3. Heat Pump Heater
    • 6.3. Market Analysis, Insights and Forecast - by Application
      • 6.3.1. Residential
      • 6.3.2. Industrial
      • 6.3.3. Commercial
  7. 7. Europe Water Heater Market Analysis, Insights and Forecast, 2018-2030
    • 7.1. Market Analysis, Insights and Forecast - by Type
      • 7.1.1. Electric Water Heater
      • 7.1.2. Solar Water Heater
      • 7.1.3. Gas Water Heater
      • 7.1.4. Others
    • 7.2. Market Analysis, Insights and Forecast - by Storage Type
      • 7.2.1. Tankless Heater
      • 7.2.2. Storage Heater
      • 7.2.3. Heat Pump Heater
    • 7.3. Market Analysis, Insights and Forecast - by Application
      • 7.3.1. Residential
      • 7.3.2. Industrial
      • 7.3.3. Commercial
  8. 8. Asia Pacific Water Heater Market Analysis, Insights and Forecast, 2018-2030
    • 8.1. Market Analysis, Insights and Forecast - by Type
      • 8.1.1. Electric Water Heater
      • 8.1.2. Solar Water Heater
      • 8.1.3. Gas Water Heater
      • 8.1.4. Others
    • 8.2. Market Analysis, Insights and Forecast - by Storage Type
      • 8.2.1. Tankless Heater
      • 8.2.2. Storage Heater
      • 8.2.3. Heat Pump Heater
    • 8.3. Market Analysis, Insights and Forecast - by Application
      • 8.3.1. Residential
      • 8.3.2. Industrial
      • 8.3.3. Commercial
  9. 9. Latin America Water Heater Market Analysis, Insights and Forecast, 2018-2030
    • 9.1. Market Analysis, Insights and Forecast - by Type
      • 9.1.1. Electric Water Heater
      • 9.1.2. Solar Water Heater
      • 9.1.3. Gas Water Heater
      • 9.1.4. Others
    • 9.2. Market Analysis, Insights and Forecast - by Storage Type
      • 9.2.1. Tankless Heater
      • 9.2.2. Storage Heater
      • 9.2.3. Heat Pump Heater
    • 9.3. Market Analysis, Insights and Forecast - by Application
      • 9.3.1. Residential
      • 9.3.2. Industrial
      • 9.3.3. Commercial
  10. 10. MEA Water Heater Market Analysis, Insights and Forecast, 2018-2030
    • 10.1. Market Analysis, Insights and Forecast - by Type
      • 10.1.1. Electric Water Heater
      • 10.1.2. Solar Water Heater
      • 10.1.3. Gas Water Heater
      • 10.1.4. Others
    • 10.2. Market Analysis, Insights and Forecast - by Storage Type
      • 10.2.1. Tankless Heater
      • 10.2.2. Storage Heater
      • 10.2.3. Heat Pump Heater
    • 10.3. Market Analysis, Insights and Forecast - by Application
      • 10.3.1. Residential
      • 10.3.2. Industrial
      • 10.3.3. Commercial
  11. 11. North America Water Heater Market Analysis, Insights and Forecast, 2018-2030
      • 11.1. Market Analysis, Insights and Forecast - By Type
        • 11.1.1 Electric Water Heater
        • 11.1.2 Solar Water Heater
        • 11.1.3 Gas Water Heater
        • 11.1.4 Others
      • 11.2. Market Analysis, Insights and Forecast - By Storage Type
        • 11.2.1 Tankless Heater
        • 11.2.2 Storage Heater
        • 11.2.3 Heat Pump Heater
      • 11.3. Market Analysis, Insights and Forecast - By Application
        • 11.3.1 Residential
        • 11.3.2 Industrial
        • 11.3.3 Commercial
      • 11.4. Market Analysis, Insights and Forecast - By Country/Sub-region
        • 11.4.1 United States
        • 11.4.2 Canada
        • 11.4.3 Mexico
  12. 12. Europe Water Heater Market Analysis, Insights and Forecast, 2018-2030
      • 12.1. Market Analysis, Insights and Forecast - By Type
        • 12.1.1 Electric Water Heater
        • 12.1.2 Solar Water Heater
        • 12.1.3 Gas Water Heater
        • 12.1.4 Others
      • 12.2. Market Analysis, Insights and Forecast - By Storage Type
        • 12.2.1 Tankless Heater
        • 12.2.2 Storage Heater
        • 12.2.3 Heat Pump Heater
      • 12.3. Market Analysis, Insights and Forecast - By Application
        • 12.3.1 Residential
        • 12.3.2 Industrial
        • 12.3.3 Commercial
      • 12.4. Market Analysis, Insights and Forecast - By Country/Sub-region
        • 12.4.1 Germany
        • 12.4.2 France
        • 12.4.3 Italy
        • 12.4.4 United Kingdom
        • 12.4.5 Spain
        • 12.4.6 Nordics
        • 12.4.7 Benelux
        • 12.4.8 Rest of Europe
  13. 13. Middle East & Africa Water Heater Market Analysis, Insights and Forecast, 2018-2030
      • 13.1. Market Analysis, Insights and Forecast - By Type
        • 13.1.1 Electric Water Heater
        • 13.1.2 Solar Water Heater
        • 13.1.3 Gas Water Heater
        • 13.1.4 Others
      • 13.2. Market Analysis, Insights and Forecast - By Storage Type
        • 13.2.1 Tankless Heater
        • 13.2.2 Storage Heater
        • 13.2.3 Heat Pump Heater
      • 13.3. Market Analysis, Insights and Forecast - By Application
        • 13.3.1 Residential
        • 13.3.2 Industrial
        • 13.3.3 Commercial
      • 13.4. Market Analysis, Insights and Forecast - By Country/Sub-region
        • 13.4.1 UAE
        • 13.4.2 South Africa
        • 13.4.3 Saudi Arabia
        • 13.4.4 Rest of Middle East Africa
  14. 14. Asia Pacific Water Heater Market Analysis, Insights and Forecast, 2018-2030
      • 14.1. Market Analysis, Insights and Forecast - By Type
        • 14.1.1 Electric Water Heater
        • 14.1.2 Solar Water Heater
        • 14.1.3 Gas Water Heater
        • 14.1.4 Others
      • 14.2. Market Analysis, Insights and Forecast - By Storage Type
        • 14.2.1 Tankless Heater
        • 14.2.2 Storage Heater
        • 14.2.3 Heat Pump Heater
      • 14.3. Market Analysis, Insights and Forecast - By Application
        • 14.3.1 Residential
        • 14.3.2 Industrial
        • 14.3.3 Commercial
      • 14.4. Market Analysis, Insights and Forecast - By Country/Sub-region
        • 14.4.1 China
        • 14.4.2 Japan
        • 14.4.3 India
        • 14.4.4 South Korea
        • 14.4.5 Taiwan
        • 14.4.6 South East Asia
        • 14.4.7 Australia
        • 14.4.8 Rest of Asia-Pacific
  15. 15. Latin America Water Heater Market Analysis, Insights and Forecast, 2018-2030
      • 15.1. Market Analysis, Insights and Forecast - By Type
        • 15.1.1 Electric Water Heater
        • 15.1.2 Solar Water Heater
        • 15.1.3 Gas Water Heater
        • 15.1.4 Others
      • 15.2. Market Analysis, Insights and Forecast - By Storage Type
        • 15.2.1 Tankless Heater
        • 15.2.2 Storage Heater
        • 15.2.3 Heat Pump Heater
      • 15.3. Market Analysis, Insights and Forecast - By Application
        • 15.3.1 Residential
        • 15.3.2 Industrial
        • 15.3.3 Commercial
      • 15.4. Market Analysis, Insights and Forecast - By Country/Sub-region
        • 15.4.1 Brazil
        • 15.4.2 Argentina
        • 15.4.3 Rest of South America
  16. 16. Competitive Analysis
    • 16.1. Global Market Share Analysis 2023
      • 16.2. Company Profiles
        • 16.2.1 Ebara Corporation
          • 16.2.1.1. Overview
          • 16.2.1.2. Products
          • 16.2.1.3. SWOT Analysis
          • 16.2.1.4. Recent Developments
          • 16.2.1.5. Financials (Based on Availability)
        • 16.2.2 Stiebel Eltron Inc.
          • 16.2.2.1. Overview
          • 16.2.2.2. Products
          • 16.2.2.3. SWOT Analysis
          • 16.2.2.4. Recent Developments
          • 16.2.2.5. Financials (Based on Availability)
        • 16.2.3 Vanguard Technology Inc.
          • 16.2.3.1. Overview
          • 16.2.3.2. Products
          • 16.2.3.3. SWOT Analysis
          • 16.2.3.4. Recent Developments
          • 16.2.3.5. Financials (Based on Availability)
        • 16.2.4 Robert Bosch LLC.
          • 16.2.4.1. Overview
          • 16.2.4.2. Products
          • 16.2.4.3. SWOT Analysis
          • 16.2.4.4. Recent Developments
          • 16.2.4.5. Financials (Based on Availability)
        • 16.2.5 Rinnai America Corporation
          • 16.2.5.1. Overview
          • 16.2.5.2. Products
          • 16.2.5.3. SWOT Analysis
          • 16.2.5.4. Recent Developments
          • 16.2.5.5. Financials (Based on Availability)
        • 16.2.6 IBC Technologies Inc.
          • 16.2.6.1. Overview
          • 16.2.6.2. Products
          • 16.2.6.3. SWOT Analysis
          • 16.2.6.4. Recent Developments
          • 16.2.6.5. Financials (Based on Availability)
        • 16.2.7 Sofame Technologies Inc.
          • 16.2.7.1. Overview
          • 16.2.7.2. Products
          • 16.2.7.3. SWOT Analysis
          • 16.2.7.4. Recent Developments
          • 16.2.7.5. Financials (Based on Availability)
        • 16.2.8 Runsun Energy Technology Co.
          • 16.2.8.1. Overview
          • 16.2.8.2. Products
          • 16.2.8.3. SWOT Analysis
          • 16.2.8.4. Recent Developments
          • 16.2.8.5. Financials (Based on Availability)
        • 16.2.9 Lorenzetti SA
          • 16.2.9.1. Overview
          • 16.2.9.2. Products
          • 16.2.9.3. SWOT Analysis
          • 16.2.9.4. Recent Developments
          • 16.2.9.5. Financials (Based on Availability)
        • 16.2.10 Groupe Atlantic
          • 16.2.10.1. Overview
          • 16.2.10.2. Products
          • 16.2.10.3. SWOT Analysis
          • 16.2.10.4. Recent Developments
          • 16.2.10.5. Financials (Based on Availability)
        • 16.2.11 A.O.Smith Water Products Company B.V.
          • 16.2.11.1. Overview
          • 16.2.11.2. Products
          • 16.2.11.3. SWOT Analysis
          • 16.2.11.4. Recent Developments
          • 16.2.11.5. Financials (Based on Availability)
        • 16.2.12 Lochinvar Ltd
          • 16.2.12.1. Overview
          • 16.2.12.2. Products
          • 16.2.12.3. SWOT Analysis
          • 16.2.12.4. Recent Developments
          • 16.2.12.5. Financials (Based on Availability)
        • 16.2.13 Watlow Electric Manufacturing Co.
          • 16.2.13.1. Overview
          • 16.2.13.2. Products
          • 16.2.13.3. SWOT Analysis
          • 16.2.13.4. Recent Developments
          • 16.2.13.5. Financials (Based on Availability)
        • 16.2.14 Aura GmbH & Co. KG
          • 16.2.14.1. Overview
          • 16.2.14.2. Products
          • 16.2.14.3. SWOT Analysis
          • 16.2.14.4. Recent Developments
          • 16.2.14.5. Financials (Based on Availability)
        • 16.2.15 Ariston Thermo SpA
          • 16.2.15.1. Overview
          • 16.2.15.2. Products
          • 16.2.15.3. SWOT Analysis
          • 16.2.15.4. Recent Developments
          • 16.2.15.5. Financials (Based on Availability)
        • 16.2.16 and Grupo Zytec.
          • 16.2.16.1. Overview
          • 16.2.16.2. Products
          • 16.2.16.3. SWOT Analysis
          • 16.2.16.4. Recent Developments
          • 16.2.16.5. Financials (Based on Availability)
List of Figures
  1. Figure 1: Global Water Heater Market Revenue Breakdown (USD Billion, %) by Region 2023 & 2031
  2. Figure 2: Global Water Heater Market Volume Breakdown (K Units , %) by Region 2023 & 2031
  3. Figure 3: Global Water Heater Market Revenue (USD Billion), by Type 2023 & 2031
  4. Figure 4: Global Water Heater Market Volume (K Units ), by Type 2023 & 2031
  5. Figure 5: Global Water Heater Market Revenue Share (%), by Type 2023 & 2031
  6. Figure 6: Global Water Heater Market Volume Share (%), by Type 2023 & 2031
  7. Figure 7: Global Water Heater Market Forecast (USD Billion), by Electric Water Heater 2020 & 2031
  8. Figure 8: Global Water Heater Market Forecast (K Units ), by Electric Water Heater 2020 & 2031
  9. Figure 9: Global Water Heater Market Forecast (USD Billion), by Solar Water Heater 2020 & 2031
  10. Figure 10: Global Water Heater Market Forecast (K Units ), by Solar Water Heater 2020 & 2031
  11. Figure 11: Global Water Heater Market Forecast (USD Billion), by Gas Water Heater 2020 & 2031
  12. Figure 12: Global Water Heater Market Forecast (K Units ), by Gas Water Heater 2020 & 2031
  13. Figure 13: Global Water Heater Market Forecast (USD Billion), by Others 2020 & 2031
  14. Figure 14: Global Water Heater Market Forecast (K Units ), by Others 2020 & 2031
  15. Figure 15: Global Water Heater Market Revenue (USD Billion), by Storage Type 2023 & 2031
  16. Figure 16: Global Water Heater Market Volume (K Units ), by Storage Type 2023 & 2031
  17. Figure 17: Global Water Heater Market Revenue Share (%), by Storage Type 2023 & 2031
  18. Figure 18: Global Water Heater Market Volume Share (%), by Storage Type 2023 & 2031
  19. Figure 19: Global Water Heater Market Forecast (USD Billion), by Tankless Heater 2020 & 2031
  20. Figure 20: Global Water Heater Market Forecast (K Units ), by Tankless Heater 2020 & 2031
  21. Figure 21: Global Water Heater Market Forecast (USD Billion), by Storage Heater 2020 & 2031
  22. Figure 22: Global Water Heater Market Forecast (K Units ), by Storage Heater 2020 & 2031
  23. Figure 23: Global Water Heater Market Forecast (USD Billion), by Heat Pump Heater 2020 & 2031
  24. Figure 24: Global Water Heater Market Forecast (K Units ), by Heat Pump Heater 2020 & 2031
  25. Figure 25: Global Water Heater Market Revenue (USD Billion), by Application 2023 & 2031
  26. Figure 26: Global Water Heater Market Volume (K Units ), by Application 2023 & 2031
  27. Figure 27: Global Water Heater Market Revenue Share (%), by Application 2023 & 2031
  28. Figure 28: Global Water Heater Market Volume Share (%), by Application 2023 & 2031
  29. Figure 29: Global Water Heater Market Forecast (USD Billion), by Residential 2020 & 2031
  30. Figure 30: Global Water Heater Market Forecast (K Units ), by Residential 2020 & 2031
  31. Figure 31: Global Water Heater Market Forecast (USD Billion), by Industrial 2020 & 2031
  32. Figure 32: Global Water Heater Market Forecast (K Units ), by Industrial 2020 & 2031
  33. Figure 33: Global Water Heater Market Forecast (USD Billion), by Commercial 2020 & 2031
  34. Figure 34: Global Water Heater Market Forecast (K Units ), by Commercial 2020 & 2031
  35. Figure 35: Global Water Heater Market Revenue (USD Billion), by Region 2023 & 2031
  36. Figure 36: Global Water Heater Market Volume (K Units ), by Region 2023 & 2031
  37. Figure 37: Global Water Heater Market Revenue Share (%), by Region 2023 & 2031
  38. Figure 38: Global Water Heater Market Volume Share (%), by Region 2023 & 2031
  39. Figure 39: North America Water Heater Market Revenue (USD Billion), by Type 2023 & 2031
  40. Figure 40: North America Water Heater Market Volume (K Units ), by Type 2023 & 2031
  41. Figure 41: North America Water Heater Market Revenue Share (%), by Type 2023 & 2031
  42. Figure 42: North America Water Heater Market Volume Share (%), by Type 2023 & 2031
  43. Figure 43: North America Water Heater Market Revenue (USD Billion), by Storage Type 2023 & 2031
  44. Figure 44: North America Water Heater Market Volume (K Units ), by Storage Type 2023 & 2031
  45. Figure 45: North America Water Heater Market Revenue Share (%), by Storage Type 2023 & 2031
  46. Figure 46: North America Water Heater Market Volume Share (%), by Storage Type 2023 & 2031
  47. Figure 47: North America Water Heater Market Revenue (USD Billion), by Application 2023 & 2031
  48. Figure 48: North America Water Heater Market Volume (K Units ), by Application 2023 & 2031
  49. Figure 49: North America Water Heater Market Revenue Share (%), by Application 2023 & 2031
  50. Figure 50: North America Water Heater Market Volume Share (%), by Application 2023 & 2031
  51. Figure 51: North America Water Heater Market Revenue (USD Billion), by Country 2023 & 2031
  52. Figure 52: North America Water Heater Market Volume (K Units ), by Country 2023 & 2031
  53. Figure 53: North America Water Heater Market Revenue Share (%), by Country 2023 & 2031
  54. Figure 54: North America Water Heater Market Volume Share (%), by Country 2023 & 2031
  55. Figure 55: Europe Water Heater Market Revenue (USD Billion), by Type 2023 & 2031
  56. Figure 56: Europe Water Heater Market Volume (K Units ), by Type 2023 & 2031
  57. Figure 57: Europe Water Heater Market Revenue Share (%), by Type 2023 & 2031
  58. Figure 58: Europe Water Heater Market Volume Share (%), by Type 2023 & 2031
  59. Figure 59: Europe Water Heater Market Revenue (USD Billion), by Storage Type 2023 & 2031
  60. Figure 60: Europe Water Heater Market Volume (K Units ), by Storage Type 2023 & 2031
  61. Figure 61: Europe Water Heater Market Revenue Share (%), by Storage Type 2023 & 2031
  62. Figure 62: Europe Water Heater Market Volume Share (%), by Storage Type 2023 & 2031
  63. Figure 63: Europe Water Heater Market Revenue (USD Billion), by Application 2023 & 2031
  64. Figure 64: Europe Water Heater Market Volume (K Units ), by Application 2023 & 2031
  65. Figure 65: Europe Water Heater Market Revenue Share (%), by Application 2023 & 2031
  66. Figure 66: Europe Water Heater Market Volume Share (%), by Application 2023 & 2031
  67. Figure 67: Europe Water Heater Market Revenue (USD Billion), by Country 2023 & 2031
  68. Figure 68: Europe Water Heater Market Volume (K Units ), by Country 2023 & 2031
  69. Figure 69: Europe Water Heater Market Revenue Share (%), by Country 2023 & 2031
  70. Figure 70: Europe Water Heater Market Volume Share (%), by Country 2023 & 2031
  71. Figure 71: Middle East & Africa Water Heater Market Revenue (USD Billion), by Type 2023 & 2031
  72. Figure 72: Middle East & Africa Water Heater Market Volume (K Units ), by Type 2023 & 2031
  73. Figure 73: Middle East & Africa Water Heater Market Revenue Share (%), by Type 2023 & 2031
  74. Figure 74: Middle East & Africa Water Heater Market Volume Share (%), by Type 2023 & 2031
  75. Figure 75: Middle East & Africa Water Heater Market Revenue (USD Billion), by Storage Type 2023 & 2031
  76. Figure 76: Middle East & Africa Water Heater Market Volume (K Units ), by Storage Type 2023 & 2031
  77. Figure 77: Middle East & Africa Water Heater Market Revenue Share (%), by Storage Type 2023 & 2031
  78. Figure 78: Middle East & Africa Water Heater Market Volume Share (%), by Storage Type 2023 & 2031
  79. Figure 79: Middle East & Africa Water Heater Market Revenue (USD Billion), by Application 2023 & 2031
  80. Figure 80: Middle East & Africa Water Heater Market Volume (K Units ), by Application 2023 & 2031
  81. Figure 81: Middle East & Africa Water Heater Market Revenue Share (%), by Application 2023 & 2031
  82. Figure 82: Middle East & Africa Water Heater Market Volume Share (%), by Application 2023 & 2031
  83. Figure 83: Middle East & Africa Water Heater Market Revenue (USD Billion), by Country 2023 & 2031
  84. Figure 84: Middle East & Africa Water Heater Market Volume (K Units ), by Country 2023 & 2031
  85. Figure 85: Middle East & Africa Water Heater Market Revenue Share (%), by Country 2023 & 2031
  86. Figure 86: Middle East & Africa Water Heater Market Volume Share (%), by Country 2023 & 2031
  87. Figure 87: Asia Pacific Water Heater Market Revenue (USD Billion), by Type 2023 & 2031
  88. Figure 88: Asia Pacific Water Heater Market Volume (K Units ), by Type 2023 & 2031
  89. Figure 89: Asia Pacific Water Heater Market Revenue Share (%), by Type 2023 & 2031
  90. Figure 90: Asia Pacific Water Heater Market Volume Share (%), by Type 2023 & 2031
  91. Figure 91: Asia Pacific Water Heater Market Revenue (USD Billion), by Storage Type 2023 & 2031
  92. Figure 92: Asia Pacific Water Heater Market Volume (K Units ), by Storage Type 2023 & 2031
  93. Figure 93: Asia Pacific Water Heater Market Revenue Share (%), by Storage Type 2023 & 2031
  94. Figure 94: Asia Pacific Water Heater Market Volume Share (%), by Storage Type 2023 & 2031
  95. Figure 95: Asia Pacific Water Heater Market Revenue (USD Billion), by Application 2023 & 2031
  96. Figure 96: Asia Pacific Water Heater Market Volume (K Units ), by Application 2023 & 2031
  97. Figure 97: Asia Pacific Water Heater Market Revenue Share (%), by Application 2023 & 2031
  98. Figure 98: Asia Pacific Water Heater Market Volume Share (%), by Application 2023 & 2031
  99. Figure 99: Asia Pacific Water Heater Market Revenue (USD Billion), by Country 2023 & 2031
  100. Figure 100: Asia Pacific Water Heater Market Volume (K Units ), by Country 2023 & 2031
  101. Figure 101: Asia Pacific Water Heater Market Revenue Share (%), by Country 2023 & 2031
  102. Figure 102: Asia Pacific Water Heater Market Volume Share (%), by Country 2023 & 2031
  103. Figure 103: Latin America Water Heater Market Revenue (USD Billion), by Type 2023 & 2031
  104. Figure 104: Latin America Water Heater Market Volume (K Units ), by Type 2023 & 2031
  105. Figure 105: Latin America Water Heater Market Revenue Share (%), by Type 2023 & 2031
  106. Figure 106: Latin America Water Heater Market Volume Share (%), by Type 2023 & 2031
  107. Figure 107: Latin America Water Heater Market Revenue (USD Billion), by Storage Type 2023 & 2031
  108. Figure 108: Latin America Water Heater Market Volume (K Units ), by Storage Type 2023 & 2031
  109. Figure 109: Latin America Water Heater Market Revenue Share (%), by Storage Type 2023 & 2031
  110. Figure 110: Latin America Water Heater Market Volume Share (%), by Storage Type 2023 & 2031
  111. Figure 111: Latin America Water Heater Market Revenue (USD Billion), by Application 2023 & 2031
  112. Figure 112: Latin America Water Heater Market Volume (K Units ), by Application 2023 & 2031
  113. Figure 113: Latin America Water Heater Market Revenue Share (%), by Application 2023 & 2031
  114. Figure 114: Latin America Water Heater Market Volume Share (%), by Application 2023 & 2031
  115. Figure 115: Latin America Water Heater Market Revenue (USD Billion), by Country 2023 & 2031
  116. Figure 116: Latin America Water Heater Market Volume (K Units ), by Country 2023 & 2031
  117. Figure 117: Latin America Water Heater Market Revenue Share (%), by Country 2023 & 2031
  118. Figure 118: Latin America Water Heater Market Volume Share (%), by Country 2023 & 2031
  119. Figure 119: North America Water Heater Market Revenue (USD Billion), by Type 2023 & 2031
  120. Figure 120: North America Water Heater Market Volume (K Units ), by Type 2023 & 2031
  121. Figure 121: North America Water Heater Market Revenue Share (%), by Type 2023 & 2031
  122. Figure 122: North America Water Heater Market Volume Share (%), by Type 2023 & 2031
  123. Figure 123: North America Water Heater Market Revenue (USD Billion), by Storage Type 2023 & 2031
  124. Figure 124: North America Water Heater Market Volume (K Units ), by Storage Type 2023 & 2031
  125. Figure 125: North America Water Heater Market Revenue Share (%), by Storage Type 2023 & 2031
  126. Figure 126: North America Water Heater Market Volume Share (%), by Storage Type 2023 & 2031
  127. Figure 127: North America Water Heater Market Revenue (USD Billion), by Application 2023 & 2031
  128. Figure 128: North America Water Heater Market Volume (K Units ), by Application 2023 & 2031
  129. Figure 129: North America Water Heater Market Revenue Share (%), by Application 2023 & 2031
  130. Figure 130: North America Water Heater Market Volume Share (%), by Application 2023 & 2031
  131. Figure 131: North America Water Heater Market Revenue (USD Billion), by Country 2023 & 2031
  132. Figure 132: North America Water Heater Market Volume (K Units ), by Country 2023 & 2031
  133. Figure 133: North America Water Heater Market Revenue Share (%), by Country 2023 & 2031
  134. Figure 134: North America Water Heater Market Volume Share (%), by Country 2023 & 2031
  135. Figure 135: Europe Water Heater Market Revenue (USD Billion), by Type 2023 & 2031
  136. Figure 136: Europe Water Heater Market Volume (K Units ), by Type 2023 & 2031
  137. Figure 137: Europe Water Heater Market Revenue Share (%), by Type 2023 & 2031
  138. Figure 138: Europe Water Heater Market Volume Share (%), by Type 2023 & 2031
  139. Figure 139: Europe Water Heater Market Revenue (USD Billion), by Storage Type 2023 & 2031
  140. Figure 140: Europe Water Heater Market Volume (K Units ), by Storage Type 2023 & 2031
  141. Figure 141: Europe Water Heater Market Revenue Share (%), by Storage Type 2023 & 2031
  142. Figure 142: Europe Water Heater Market Volume Share (%), by Storage Type 2023 & 2031
  143. Figure 143: Europe Water Heater Market Revenue (USD Billion), by Application 2023 & 2031
  144. Figure 144: Europe Water Heater Market Volume (K Units ), by Application 2023 & 2031
  145. Figure 145: Europe Water Heater Market Revenue Share (%), by Application 2023 & 2031
  146. Figure 146: Europe Water Heater Market Volume Share (%), by Application 2023 & 2031
  147. Figure 147: Europe Water Heater Market Revenue (USD Billion), by Country 2023 & 2031
  148. Figure 148: Europe Water Heater Market Volume (K Units ), by Country 2023 & 2031
  149. Figure 149: Europe Water Heater Market Revenue Share (%), by Country 2023 & 2031
  150. Figure 150: Europe Water Heater Market Volume Share (%), by Country 2023 & 2031
  151. Figure 151: Asia Pacific Water Heater Market Revenue (USD Billion), by Type 2023 & 2031
  152. Figure 152: Asia Pacific Water Heater Market Volume (K Units ), by Type 2023 & 2031
  153. Figure 153: Asia Pacific Water Heater Market Revenue Share (%), by Type 2023 & 2031
  154. Figure 154: Asia Pacific Water Heater Market Volume Share (%), by Type 2023 & 2031
  155. Figure 155: Asia Pacific Water Heater Market Revenue (USD Billion), by Storage Type 2023 & 2031
  156. Figure 156: Asia Pacific Water Heater Market Volume (K Units ), by Storage Type 2023 & 2031
  157. Figure 157: Asia Pacific Water Heater Market Revenue Share (%), by Storage Type 2023 & 2031
  158. Figure 158: Asia Pacific Water Heater Market Volume Share (%), by Storage Type 2023 & 2031
  159. Figure 159: Asia Pacific Water Heater Market Revenue (USD Billion), by Application 2023 & 2031
  160. Figure 160: Asia Pacific Water Heater Market Volume (K Units ), by Application 2023 & 2031
  161. Figure 161: Asia Pacific Water Heater Market Revenue Share (%), by Application 2023 & 2031
  162. Figure 162: Asia Pacific Water Heater Market Volume Share (%), by Application 2023 & 2031
  163. Figure 163: Asia Pacific Water Heater Market Revenue (USD Billion), by Country 2023 & 2031
  164. Figure 164: Asia Pacific Water Heater Market Volume (K Units ), by Country 2023 & 2031
  165. Figure 165: Asia Pacific Water Heater Market Revenue Share (%), by Country 2023 & 2031
  166. Figure 166: Asia Pacific Water Heater Market Volume Share (%), by Country 2023 & 2031
  167. Figure 167: Latin America Water Heater Market Revenue (USD Billion), by Type 2023 & 2031
  168. Figure 168: Latin America Water Heater Market Volume (K Units ), by Type 2023 & 2031
  169. Figure 169: Latin America Water Heater Market Revenue Share (%), by Type 2023 & 2031
  170. Figure 170: Latin America Water Heater Market Volume Share (%), by Type 2023 & 2031
  171. Figure 171: Latin America Water Heater Market Revenue (USD Billion), by Storage Type 2023 & 2031
  172. Figure 172: Latin America Water Heater Market Volume (K Units ), by Storage Type 2023 & 2031
  173. Figure 173: Latin America Water Heater Market Revenue Share (%), by Storage Type 2023 & 2031
  174. Figure 174: Latin America Water Heater Market Volume Share (%), by Storage Type 2023 & 2031
  175. Figure 175: Latin America Water Heater Market Revenue (USD Billion), by Application 2023 & 2031
  176. Figure 176: Latin America Water Heater Market Volume (K Units ), by Application 2023 & 2031
  177. Figure 177: Latin America Water Heater Market Revenue Share (%), by Application 2023 & 2031
  178. Figure 178: Latin America Water Heater Market Volume Share (%), by Application 2023 & 2031
  179. Figure 179: Latin America Water Heater Market Revenue (USD Billion), by Country 2023 & 2031
  180. Figure 180: Latin America Water Heater Market Volume (K Units ), by Country 2023 & 2031
  181. Figure 181: Latin America Water Heater Market Revenue Share (%), by Country 2023 & 2031
  182. Figure 182: Latin America Water Heater Market Volume Share (%), by Country 2023 & 2031
  183. Figure 183: MEA Water Heater Market Revenue (USD Billion), by Type 2023 & 2031
  184. Figure 184: MEA Water Heater Market Volume (K Units ), by Type 2023 & 2031
  185. Figure 185: MEA Water Heater Market Revenue Share (%), by Type 2023 & 2031
  186. Figure 186: MEA Water Heater Market Volume Share (%), by Type 2023 & 2031
  187. Figure 187: MEA Water Heater Market Revenue (USD Billion), by Storage Type 2023 & 2031
  188. Figure 188: MEA Water Heater Market Volume (K Units ), by Storage Type 2023 & 2031
  189. Figure 189: MEA Water Heater Market Revenue Share (%), by Storage Type 2023 & 2031
  190. Figure 190: MEA Water Heater Market Volume Share (%), by Storage Type 2023 & 2031
  191. Figure 191: MEA Water Heater Market Revenue (USD Billion), by Application 2023 & 2031
  192. Figure 192: MEA Water Heater Market Volume (K Units ), by Application 2023 & 2031
  193. Figure 193: MEA Water Heater Market Revenue Share (%), by Application 2023 & 2031
  194. Figure 194: MEA Water Heater Market Volume Share (%), by Application 2023 & 2031
  195. Figure 195: MEA Water Heater Market Revenue (USD Billion), by Country 2023 & 2031
  196. Figure 196: MEA Water Heater Market Volume (K Units ), by Country 2023 & 2031
  197. Figure 197: MEA Water Heater Market Revenue Share (%), by Country 2023 & 2031
  198. Figure 198: MEA Water Heater Market Volume Share (%), by Country 2023 & 2031
List of Tables
  1. Table 1: Global Water Heater Market Revenue USD Billion Forecast, by Type 2018 & 2031
  2. Table 2: Global Water Heater Market Volume K Units Forecast, by Type 2018 & 2031
  3. Table 3: Global Water Heater Market Revenue USD Billion Forecast, by Storage Type 2018 & 2031
  4. Table 4: Global Water Heater Market Volume K Units Forecast, by Storage Type 2018 & 2031
  5. Table 5: Global Water Heater Market Revenue USD Billion Forecast, by Application 2018 & 2031
  6. Table 6: Global Water Heater Market Volume K Units Forecast, by Application 2018 & 2031
  7. Table 7: Global Water Heater Market Revenue USD Billion Forecast, by Region 2018 & 2031
  8. Table 8: Global Water Heater Market Volume K Units Forecast, by Region 2018 & 2031
  9. Table 9: Global Water Heater Market Revenue USD Billion Forecast, by Type 2018 & 2031
  10. Table 10: Global Water Heater Market Volume K Units Forecast, by Type 2018 & 2031
  11. Table 11: Global Water Heater Market Revenue USD Billion Forecast, by Storage Type 2018 & 2031
  12. Table 12: Global Water Heater Market Volume K Units Forecast, by Storage Type 2018 & 2031
  13. Table 13: Global Water Heater Market Revenue USD Billion Forecast, by Application 2018 & 2031
  14. Table 14: Global Water Heater Market Volume K Units Forecast, by Application 2018 & 2031
  15. Table 15: Global Water Heater Market Revenue USD Billion Forecast, by Region 2018 & 2031
  16. Table 16: Global Water Heater Market Volume K Units Forecast, by Region 2018 & 2031
  17. Table 17: Global Water Heater Market Revenue USD Billion Forecast, by Type 2018 & 2031
  18. Table 18: Global Water Heater Market Volume K Units Forecast, by Type 2018 & 2031
  19. Table 19: Global Water Heater Market Revenue USD Billion Forecast, by Storage Type 2018 & 2031
  20. Table 20: Global Water Heater Market Volume K Units Forecast, by Storage Type 2018 & 2031
  21. Table 21: Global Water Heater Market Revenue USD Billion Forecast, by Application 2018 & 2031
  22. Table 22: Global Water Heater Market Volume K Units Forecast, by Application 2018 & 2031
  23. Table 23: Global Water Heater Market Revenue USD Billion Forecast, by Country 2018 & 2031
  24. Table 24: Global Water Heater Market Volume K Units Forecast, by Country 2018 & 2031
  25. Table 25: United States Water Heater Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  26. Table 26: United States Water Heater Market Volume (K Units ) Forecast, by Application 2018 & 2031
  27. Table 27: Canada Water Heater Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  28. Table 28: Canada Water Heater Market Volume (K Units ) Forecast, by Application 2018 & 2031
  29. Table 29: Mexico Water Heater Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  30. Table 30: Mexico Water Heater Market Volume (K Units ) Forecast, by Application 2018 & 2031
  31. Table 31: Global Water Heater Market Revenue USD Billion Forecast, by Type 2018 & 2031
  32. Table 32: Global Water Heater Market Volume K Units Forecast, by Type 2018 & 2031
  33. Table 33: Global Water Heater Market Revenue USD Billion Forecast, by Storage Type 2018 & 2031
  34. Table 34: Global Water Heater Market Volume K Units Forecast, by Storage Type 2018 & 2031
  35. Table 35: Global Water Heater Market Revenue USD Billion Forecast, by Application 2018 & 2031
  36. Table 36: Global Water Heater Market Volume K Units Forecast, by Application 2018 & 2031
  37. Table 37: Global Water Heater Market Revenue USD Billion Forecast, by Country 2018 & 2031
  38. Table 38: Global Water Heater Market Volume K Units Forecast, by Country 2018 & 2031
  39. Table 39: Germany Water Heater Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  40. Table 40: Germany Water Heater Market Volume (K Units ) Forecast, by Application 2018 & 2031
  41. Table 41: France Water Heater Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  42. Table 42: France Water Heater Market Volume (K Units ) Forecast, by Application 2018 & 2031
  43. Table 43: Italy Water Heater Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  44. Table 44: Italy Water Heater Market Volume (K Units ) Forecast, by Application 2018 & 2031
  45. Table 45: United Kingdom Water Heater Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  46. Table 46: United Kingdom Water Heater Market Volume (K Units ) Forecast, by Application 2018 & 2031
  47. Table 47: Spain Water Heater Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  48. Table 48: Spain Water Heater Market Volume (K Units ) Forecast, by Application 2018 & 2031
  49. Table 49: Nordics Water Heater Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  50. Table 50: Nordics Water Heater Market Volume (K Units ) Forecast, by Application 2018 & 2031
  51. Table 51: Benelux Water Heater Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  52. Table 52: Benelux Water Heater Market Volume (K Units ) Forecast, by Application 2018 & 2031
  53. Table 53: Rest of Europe Water Heater Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  54. Table 54: Rest of Europe Water Heater Market Volume (K Units ) Forecast, by Application 2018 & 2031
  55. Table 55: Global Water Heater Market Revenue USD Billion Forecast, by Type 2018 & 2031
  56. Table 56: Global Water Heater Market Volume K Units Forecast, by Type 2018 & 2031
  57. Table 57: Global Water Heater Market Revenue USD Billion Forecast, by Storage Type 2018 & 2031
  58. Table 58: Global Water Heater Market Volume K Units Forecast, by Storage Type 2018 & 2031
  59. Table 59: Global Water Heater Market Revenue USD Billion Forecast, by Application 2018 & 2031
  60. Table 60: Global Water Heater Market Volume K Units Forecast, by Application 2018 & 2031
  61. Table 61: Global Water Heater Market Revenue USD Billion Forecast, by Country 2018 & 2031
  62. Table 62: Global Water Heater Market Volume K Units Forecast, by Country 2018 & 2031
  63. Table 63: UAE Water Heater Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  64. Table 64: UAE Water Heater Market Volume (K Units ) Forecast, by Application 2018 & 2031
  65. Table 65: South Africa Water Heater Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  66. Table 66: South Africa Water Heater Market Volume (K Units ) Forecast, by Application 2018 & 2031
  67. Table 67: Saudi Arabia Water Heater Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  68. Table 68: Saudi Arabia Water Heater Market Volume (K Units ) Forecast, by Application 2018 & 2031
  69. Table 69: Rest of Middle East Africa Water Heater Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  70. Table 70: Rest of Middle East Africa Water Heater Market Volume (K Units ) Forecast, by Application 2018 & 2031
  71. Table 71: Global Water Heater Market Revenue USD Billion Forecast, by Type 2018 & 2031
  72. Table 72: Global Water Heater Market Volume K Units Forecast, by Type 2018 & 2031
  73. Table 73: Global Water Heater Market Revenue USD Billion Forecast, by Storage Type 2018 & 2031
  74. Table 74: Global Water Heater Market Volume K Units Forecast, by Storage Type 2018 & 2031
  75. Table 75: Global Water Heater Market Revenue USD Billion Forecast, by Application 2018 & 2031
  76. Table 76: Global Water Heater Market Volume K Units Forecast, by Application 2018 & 2031
  77. Table 77: Global Water Heater Market Revenue USD Billion Forecast, by Country 2018 & 2031
  78. Table 78: Global Water Heater Market Volume K Units Forecast, by Country 2018 & 2031
  79. Table 79: China Water Heater Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  80. Table 80: China Water Heater Market Volume (K Units ) Forecast, by Application 2018 & 2031
  81. Table 81: Japan Water Heater Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  82. Table 82: Japan Water Heater Market Volume (K Units ) Forecast, by Application 2018 & 2031
  83. Table 83: India Water Heater Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  84. Table 84: India Water Heater Market Volume (K Units ) Forecast, by Application 2018 & 2031
  85. Table 85: South Korea Water Heater Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  86. Table 86: South Korea Water Heater Market Volume (K Units ) Forecast, by Application 2018 & 2031
  87. Table 87: Taiwan Water Heater Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  88. Table 88: Taiwan Water Heater Market Volume (K Units ) Forecast, by Application 2018 & 2031
  89. Table 89: South East Asia Water Heater Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  90. Table 90: South East Asia Water Heater Market Volume (K Units ) Forecast, by Application 2018 & 2031
  91. Table 91: Australia Water Heater Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  92. Table 92: Australia Water Heater Market Volume (K Units ) Forecast, by Application 2018 & 2031
  93. Table 93: Rest of Asia-Pacific Water Heater Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  94. Table 94: Rest of Asia-Pacific Water Heater Market Volume (K Units ) Forecast, by Application 2018 & 2031
  95. Table 95: Global Water Heater Market Revenue USD Billion Forecast, by Type 2018 & 2031
  96. Table 96: Global Water Heater Market Volume K Units Forecast, by Type 2018 & 2031
  97. Table 97: Global Water Heater Market Revenue USD Billion Forecast, by Storage Type 2018 & 2031
  98. Table 98: Global Water Heater Market Volume K Units Forecast, by Storage Type 2018 & 2031
  99. Table 99: Global Water Heater Market Revenue USD Billion Forecast, by Application 2018 & 2031
  100. Table 100: Global Water Heater Market Volume K Units Forecast, by Application 2018 & 2031
  101. Table 101: Global Water Heater Market Revenue USD Billion Forecast, by Country 2018 & 2031
  102. Table 102: Global Water Heater Market Volume K Units Forecast, by Country 2018 & 2031
  103. Table 103: Brazil Water Heater Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  104. Table 104: Brazil Water Heater Market Volume (K Units ) Forecast, by Application 2018 & 2031
  105. Table 105: Argentina Water Heater Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  106. Table 106: Argentina Water Heater Market Volume (K Units ) Forecast, by Application 2018 & 2031
  107. Table 107: Rest of South America Water Heater Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  108. Table 108: Rest of South America Water Heater Market Volume (K Units ) Forecast, by Application 2018 & 2031
  109. Table 109: Global Water Heater Market Revenue USD Billion Forecast, by Type 2018 & 2031
  110. Table 110: Global Water Heater Market Volume K Units Forecast, by Type 2018 & 2031
  111. Table 111: Global Water Heater Market Revenue USD Billion Forecast, by Storage Type 2018 & 2031
  112. Table 112: Global Water Heater Market Volume K Units Forecast, by Storage Type 2018 & 2031
  113. Table 113: Global Water Heater Market Revenue USD Billion Forecast, by Application 2018 & 2031
  114. Table 114: Global Water Heater Market Volume K Units Forecast, by Application 2018 & 2031
  115. Table 115: Global Water Heater Market Revenue USD Billion Forecast, by Country 2018 & 2031
  116. Table 116: Global Water Heater Market Volume K Units Forecast, by Country 2018 & 2031
  117. Table 117: U.S. Water Heater Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  118. Table 118: U.S. Water Heater Market Volume (K Units ) Forecast, by Application 2018 & 2031
  119. Table 119: Canada Water Heater Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  120. Table 120: Canada Water Heater Market Volume (K Units ) Forecast, by Application 2018 & 2031
  121. Table 121: Mexico Water Heater Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  122. Table 122: Mexico Water Heater Market Volume (K Units ) Forecast, by Application 2018 & 2031
  123. Table 123: Global Water Heater Market Revenue USD Billion Forecast, by Type 2018 & 2031
  124. Table 124: Global Water Heater Market Volume K Units Forecast, by Type 2018 & 2031
  125. Table 125: Global Water Heater Market Revenue USD Billion Forecast, by Storage Type 2018 & 2031
  126. Table 126: Global Water Heater Market Volume K Units Forecast, by Storage Type 2018 & 2031
  127. Table 127: Global Water Heater Market Revenue USD Billion Forecast, by Application 2018 & 2031
  128. Table 128: Global Water Heater Market Volume K Units Forecast, by Application 2018 & 2031
  129. Table 129: Global Water Heater Market Revenue USD Billion Forecast, by Country 2018 & 2031
  130. Table 130: Global Water Heater Market Volume K Units Forecast, by Country 2018 & 2031
  131. Table 131: UK Water Heater Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  132. Table 132: UK Water Heater Market Volume (K Units ) Forecast, by Application 2018 & 2031
  133. Table 133: Germany Water Heater Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  134. Table 134: Germany Water Heater Market Volume (K Units ) Forecast, by Application 2018 & 2031
  135. Table 135: France Water Heater Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  136. Table 136: France Water Heater Market Volume (K Units ) Forecast, by Application 2018 & 2031
  137. Table 137: Italy Water Heater Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  138. Table 138: Italy Water Heater Market Volume (K Units ) Forecast, by Application 2018 & 2031
  139. Table 139: Spain Water Heater Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  140. Table 140: Spain Water Heater Market Volume (K Units ) Forecast, by Application 2018 & 2031
  141. Table 141: Russia Water Heater Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  142. Table 142: Russia Water Heater Market Volume (K Units ) Forecast, by Application 2018 & 2031
  143. Table 143: Netherlands Water Heater Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  144. Table 144: Netherlands Water Heater Market Volume (K Units ) Forecast, by Application 2018 & 2031
  145. Table 145: Switzerland Water Heater Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  146. Table 146: Switzerland Water Heater Market Volume (K Units ) Forecast, by Application 2018 & 2031
  147. Table 147: Poland Water Heater Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  148. Table 148: Poland Water Heater Market Volume (K Units ) Forecast, by Application 2018 & 2031
  149. Table 149: Sweden Water Heater Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  150. Table 150: Sweden Water Heater Market Volume (K Units ) Forecast, by Application 2018 & 2031
  151. Table 151: Belgium Water Heater Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  152. Table 152: Belgium Water Heater Market Volume (K Units ) Forecast, by Application 2018 & 2031
  153. Table 153: Global Water Heater Market Revenue USD Billion Forecast, by Type 2018 & 2031
  154. Table 154: Global Water Heater Market Volume K Units Forecast, by Type 2018 & 2031
  155. Table 155: Global Water Heater Market Revenue USD Billion Forecast, by Storage Type 2018 & 2031
  156. Table 156: Global Water Heater Market Volume K Units Forecast, by Storage Type 2018 & 2031
  157. Table 157: Global Water Heater Market Revenue USD Billion Forecast, by Application 2018 & 2031
  158. Table 158: Global Water Heater Market Volume K Units Forecast, by Application 2018 & 2031
  159. Table 159: Global Water Heater Market Revenue USD Billion Forecast, by Country 2018 & 2031
  160. Table 160: Global Water Heater Market Volume K Units Forecast, by Country 2018 & 2031
  161. Table 161: China Water Heater Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  162. Table 162: China Water Heater Market Volume (K Units ) Forecast, by Application 2018 & 2031
  163. Table 163: India Water Heater Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  164. Table 164: India Water Heater Market Volume (K Units ) Forecast, by Application 2018 & 2031
  165. Table 165: Japan Water Heater Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  166. Table 166: Japan Water Heater Market Volume (K Units ) Forecast, by Application 2018 & 2031
  167. Table 167: South Korea Water Heater Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  168. Table 168: South Korea Water Heater Market Volume (K Units ) Forecast, by Application 2018 & 2031
  169. Table 169: Australia Water Heater Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  170. Table 170: Australia Water Heater Market Volume (K Units ) Forecast, by Application 2018 & 2031
  171. Table 171: Singapore Water Heater Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  172. Table 172: Singapore Water Heater Market Volume (K Units ) Forecast, by Application 2018 & 2031
  173. Table 173: Malaysia Water Heater Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  174. Table 174: Malaysia Water Heater Market Volume (K Units ) Forecast, by Application 2018 & 2031
  175. Table 175: Indonesia Water Heater Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  176. Table 176: Indonesia Water Heater Market Volume (K Units ) Forecast, by Application 2018 & 2031
  177. Table 177: Thailand Water Heater Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  178. Table 178: Thailand Water Heater Market Volume (K Units ) Forecast, by Application 2018 & 2031
  179. Table 179: Philippines Water Heater Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  180. Table 180: Philippines Water Heater Market Volume (K Units ) Forecast, by Application 2018 & 2031
  181. Table 181: New Zealand Water Heater Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  182. Table 182: New Zealand Water Heater Market Volume (K Units ) Forecast, by Application 2018 & 2031
  183. Table 183: Global Water Heater Market Revenue USD Billion Forecast, by Type 2018 & 2031
  184. Table 184: Global Water Heater Market Volume K Units Forecast, by Type 2018 & 2031
  185. Table 185: Global Water Heater Market Revenue USD Billion Forecast, by Storage Type 2018 & 2031
  186. Table 186: Global Water Heater Market Volume K Units Forecast, by Storage Type 2018 & 2031
  187. Table 187: Global Water Heater Market Revenue USD Billion Forecast, by Application 2018 & 2031
  188. Table 188: Global Water Heater Market Volume K Units Forecast, by Application 2018 & 2031
  189. Table 189: Global Water Heater Market Revenue USD Billion Forecast, by Country 2018 & 2031
  190. Table 190: Global Water Heater Market Volume K Units Forecast, by Country 2018 & 2031
  191. Table 191: Brazil Water Heater Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  192. Table 192: Brazil Water Heater Market Volume (K Units ) Forecast, by Application 2018 & 2031
  193. Table 193: Mexico Water Heater Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  194. Table 194: Mexico Water Heater Market Volume (K Units ) Forecast, by Application 2018 & 2031
  195. Table 195: Argentina Water Heater Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  196. Table 196: Argentina Water Heater Market Volume (K Units ) Forecast, by Application 2018 & 2031
  197. Table 197: Chile Water Heater Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  198. Table 198: Chile Water Heater Market Volume (K Units ) Forecast, by Application 2018 & 2031
  199. Table 199: Colombia Water Heater Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  200. Table 200: Colombia Water Heater Market Volume (K Units ) Forecast, by Application 2018 & 2031
  201. Table 201: Peru Water Heater Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  202. Table 202: Peru Water Heater Market Volume (K Units ) Forecast, by Application 2018 & 2031
  203. Table 203: Global Water Heater Market Revenue USD Billion Forecast, by Type 2018 & 2031
  204. Table 204: Global Water Heater Market Volume K Units Forecast, by Type 2018 & 2031
  205. Table 205: Global Water Heater Market Revenue USD Billion Forecast, by Storage Type 2018 & 2031
  206. Table 206: Global Water Heater Market Volume K Units Forecast, by Storage Type 2018 & 2031
  207. Table 207: Global Water Heater Market Revenue USD Billion Forecast, by Application 2018 & 2031
  208. Table 208: Global Water Heater Market Volume K Units Forecast, by Application 2018 & 2031
  209. Table 209: Global Water Heater Market Revenue USD Billion Forecast, by Country 2018 & 2031
  210. Table 210: Global Water Heater Market Volume K Units Forecast, by Country 2018 & 2031
  211. Table 211: UAE Water Heater Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  212. Table 212: UAE Water Heater Market Volume (K Units ) Forecast, by Application 2018 & 2031
  213. Table 213: Saudi Arabia Water Heater Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  214. Table 214: Saudi Arabia Water Heater Market Volume (K Units ) Forecast, by Application 2018 & 2031
  215. Table 215: South Africa Water Heater Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  216. Table 216: South Africa Water Heater Market Volume (K Units ) Forecast, by Application 2018 & 2031
  217. Table 217: Egypt Water Heater Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  218. Table 218: Egypt Water Heater Market Volume (K Units ) Forecast, by Application 2018 & 2031
  219. Table 219: Turkey Water Heater Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  220. Table 220: Turkey Water Heater Market Volume (K Units ) Forecast, by Application 2018 & 2031
  221. Table 221: Israel Water Heater Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  222. Table 222: Israel Water Heater Market Volume (K Units ) Forecast, by Application 2018 & 2031
  223. Table 223: Nigeria Water Heater Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  224. Table 224: Nigeria Water Heater Market Volume (K Units ) Forecast, by Application 2018 & 2031
  225. Table 225: Kenya Water Heater Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  226. Table 226: Kenya Water Heater Market Volume (K Units ) Forecast, by Application 2018 & 2031
AspectsDetails
Study Period 2018-2032
Base Year 2023
Estimated Year 2024
Forecast Period2024-2032
Historical Period2018-2023
Growth RateCAGR of 4.5 % from 2018-2032
Segmentation
    • By Type
      • Electric Water Heater
      • Solar Water Heater
      • Gas Water Heater
      • Others
    • By Storage Type
      • Tankless Heater
      • Storage Heater
      • Heat Pump Heater
    • By Application
      • Residential
      • Industrial
      • Commercial
  • By Geography
    • North America
      • U.S.
      • Canada
      • Mexico
    • Europe
      • UK
      • Germany
      • France
      • Italy
      • Spain
      • Russia
      • Netherlands
      • Switzerland
      • Poland
      • Sweden
      • Belgium
    • Asia Pacific
      • China
      • India
      • Japan
      • South Korea
      • Australia
      • Singapore
      • Malaysia
      • Indonesia
      • Thailand
      • Philippines
      • New Zealand
    • Latin America
      • Brazil
      • Mexico
      • Argentina
      • Chile
      • Colombia
      • Peru
    • MEA
      • UAE
      • Saudi Arabia
      • South Africa
      • Egypt
      • Turkey
      • Israel
      • Nigeria
      • Kenya

STEP 1 - Identification of Relevant Samples Size from Population Database

Step Chart
bar chart
method chart

STEP 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)

approach chart
Top-down and bottom-up approaches are used to validate the global market size and estimate the market size for manufactures, regional segemnts, product and application.

Note* : In applicable scenarios

STEP 3 - Data Sources

Primary Research

  • Web Analytics
  • Survey Reports
  • Research Institute
  • Latest Research Reports
  • Opinion Leaders

Secondary Research

  • Annual Reports
  • White Paper
  • Latest Press Release
  • Industry Association
  • Paid Database
  • Investor Presentations
approach chart

STEP 4 - Data Triangulation

Involves using different sources of information in order to increase the validity of a study

These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.

Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.

During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence

Additionally after gathering mix and scattered data from wide range of sources, data is triangull- ated and correlated to come up with estimated figures which are further validated through primary mediums, or industry experts, opinion leader.
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