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Global Gas Water Heater Market by Product (Instant, Storage), By Capacity (< 30 Liters, 30-100 Liters, 100-250 Liters, 250-400 Liters, > 400 Liters), By Application (Residential, Commercial [College/University, Office, Government/Military]), By Fuel (Natural Gas, LPG), and Regional Forecasts 2021-2027

  • BIZ4599743
  • 200 Pages
  • July 2021
  • Consumer Goods
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Global Gas Water Heater Market is valued approximately at USD 29.36 Billion in 2020 and is anticipated to grow with a healthy growth rate of more than 4% over the forecast period 2021-2027. The technology behind gas water heater is that water moves through a gas pipeline or cylinder, which passes through a heat exchanger which has water pipes covered with fins. These fins are heated up which in turn heats the water. Increasing demand of hot water from residential applications such as bathing, washing, cleaning and cooking is driving the market for the gas water heater market. Government norms and mandates which regulates the use of energy efficient heating appliances in all new buildings and public establishments is also augmenting the market growth. In order to meet the increased demand of energy, government of India for instance enacted the Energy Conservation Act, 2001 and established the Bureau of Energy Efficiency in March 2002. The act strengthen the delivery mechanism for energy efficiency services in the country and provides much needed coordination between various entities. But high installation cost of the gas water heater is restraining the market growth for the product. Also, availability of counterparts such as electric water heaters will also slow down the market growth. However, technological advancements such as remote monitoring, AI enabled UI display and Wi-Fi enabled connectivity is expected to give opportunity to the market in the forecasted period and augment the growth. Products having high water holding capacity, instant supply of hot water and un-compromised water pressure are being developed by the market players which will be both highly efficient and cost effective which is set to give opportunities to the market.

The key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World are considered for the regional analysis of global Gas Water Heater Market. Asia Pacific is expected to be the largest and the fastest growing region in the gas water heater market during the forecast period because of major contributions from countries such as China, Japan, India and Australia. North America is expected to be the fastest growing region after APAC.

Major market player included in this report are

Lennox

A.O Smith

BDR Thermea Group

Bradford White Corporation

Ariston Thermo

Haier Electronics

Whirlpool Corporation

Bosch Thermotechnology

Rinnai Corporation

Ferroli

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product:

Instant

Storage

By Capacity:

<30 Litres

30-100 litres

100-250 litres

250-400 litres

>400 litres

By Application:

Residential

Commercial

By Fuel:

Natural Gas

LPG

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019

Base year – 2020

Forecast period – 2021 to 2027.

Target Audience of the Global Gas Water Heater Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Chapter 1. Executive Summary

1.1. Market Snapshot

1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)

1.2.1. Gas Water Heater Market , by Region, 2019-2027 (USD Billion)

1.2.2. Gas Water Heater Market , by Product, 2019-2027 (USD Billion)

1.2.3. Gas Water Heater Market , by Capacity , 2019-2027 (USD Billion)

1.2.4. Gas Water Heater Market , by Application, 2019-2027 (USD Billion)

1.2.5. Gas Water Heater Market , by Fuel 2019-2027 (USD Billion)

1.3. Key Trends

1.4. Estimation Methodology

1.5. Research Assumption

Chapter 2. Global Gas Water Heater Market Definition and Scope

2.1. Objective of the Study

2.2. Market Definition & Scope

2.2.1. Scope of the Study

2.2.2. Industry Evolution

2.3. Years Considered for the Study

2.4. Currency Conversion Rates

Chapter 3. Global Gas Water Heater Market Dynamics

3.1. Gas Water Heater Market Impact Analysis (2019-2027)

3.1.1. Market Drivers

3.1.1.1. Increasing demand from residential applications

3.1.2. Market Restraint

3.1.2.1. High installation cost

3.1.2.2. Availability of counterparts

3.1.3. Market Opportunities

3.1.3.1. Advancement in products

Chapter 4. Global Gas Water Heater Market Industry Analysis

4.1. Porter’s 5 Force Model

4.1.1. Bargaining Power of Suppliers

4.1.2. Bargaining Power of Buyers

4.1.3. Threat of New Entrants

4.1.4. Threat of Substitutes

4.1.5. Competitive Rivalry

4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)

4.2. PEST Analysis

4.2.1. Political

4.2.2. Economical

4.2.3. Social

4.2.4. Technological

4.3. Investment Adoption Model

4.4. Analyst Recommendation & Conclusion

Chapter 5. Global Gas Water Heater Market, by Product

5.1. Market Snapshot

5.2. Global Gas Water Heater Market by Product, Performance - Potential Analysis

5.3. Global Gas Water Heater Market Estimates & Forecasts by Product 2018-2027 (USD Billion)

5.4. Gas Water Heater Market , Sub Segment Analysis

5.4.1. Instant

5.4.2. Storage

Chapter 6. Global Gas Water Heater Market, by Capacity

a. Market Snapshot

6.1. Global Gas Water Heater Market by Capacity, Performance - Potential Analysis

6.2. Global Gas Water Heater Market Estimates & Forecasts by Capacity 2018-2027 (USD Billion)

6.3. Gas Water Heater Market , Sub Segment Analysis

6.3.1. <30 Litres

6.3.2. 30-100 litres

6.3.3. 100-250 litres

6.3.4. 250-400 litres

6.3.5. >400 litres

Chapter 7. Global Gas Water Heater Market, by Application

b. Market Snapshot

7.1. Global Gas Water Heater Market by Application, Performance - Potential Analysis

7.2. Global Gas Water Heater Market Estimates & Forecasts by Application 2018-2027 (USD Billion)

7.3. Gas Water Heater Market , Sub Segment Analysis

7.3.1. Residential

7.3.2. Commercial

Chapter 8. Global Gas Water Heater Market, by Fuel

c. Market Snapshot

8.1. Global Gas Water Heater Market by Fuel, Performance - Potential Analysis

8.2. Global Gas Water Heater Market Estimates & Forecasts by Fuel 2018-2027 (USD Billion)

8.3. Gas Water Heater Market , Sub Segment Analysis

8.3.1. Natural Gas

8.3.2. LPG

Chapter 9. Global Gas Water Heater Market, Regional Analysis

9.1. Gas Water Heater Market , Regional Market Snapshot

9.2. North America Gas Water Heater Market

9.2.1. U.S. Gas Water Heater Market

9.2.1.1. Product breakdown estimates & forecasts, 2018-2027

9.2.1.2. Capacity breakdown estimates & forecasts, 2018-2027

9.2.1.3. Application breakdown estimates & forecasts, 2018-2027

9.2.1.4. Fuel breakdown estimates & forecasts, 2018-2027

9.2.2. Canada Gas Water Heater Market

9.3. Europe Gas Water Heater Market Snapshot

9.3.1. U.K. Gas Water Heater Market

9.3.2. Germany Gas Water Heater Market

9.3.3. France Gas Water Heater Market

9.3.4. Spain Gas Water Heater Market

9.3.5. Italy Gas Water Heater Market

9.3.6. Rest of Europe Gas Water Heater Market

9.4. Asia-Pacific Gas Water Heater Market Snapshot

9.4.1. China Gas Water Heater Market

9.4.2. India Gas Water Heater Market

9.4.3. Japan Gas Water Heater Market

9.4.4. Australia Gas Water Heater Market

9.4.5. South Korea Gas Water Heater Market

9.4.6. Rest of Asia Pacific Gas Water Heater Market

9.5. Latin America Gas Water Heater Market Snapshot

9.5.1. Brazil Gas Water Heater Market

9.5.2. Mexico Gas Water Heater Market

9.6. Rest of The World Gas Water Heater Market

Chapter 10. Competitive Intelligence

10.1. Top Market Strategies

10.2. Company Profiles

10.2.1. Lennox

10.2.1.1. Key Information

10.2.1.2. Overview

10.2.1.3. Financial (Subject to Data Availability)

10.2.1.4. Product Summary

10.2.1.5. Recent Developments

10.2.2. A.O Smith

10.2.3. BDR Thermea Group

10.2.4. Bradford White Corporation

10.2.5. Ariston Thermo

10.2.6. Haier Electronics

10.2.7. Whirlpool Corporation

10.2.8. Bosch Thermotechnology

10.2.9. Rinnai Corporation

10.2.10. Ferroli

Chapter 11. Research Process

11.1. Research Process

11.1.1. Data Mining

11.1.2. Analysis

11.1.3. Market Estimation

11.1.4. Validation

11.1.5. Publishing

11.2. Research Attributes

11.3. Research Assumption

List of Tables

TABLE 2. Global Gas Water Heater Market , report scope

TABLE 3. Global Gas Water Heater Market estimates & forecasts by region 2018-2027 (USD Billion)

TABLE 4. Global Gas Water Heater Market estimates & forecasts by Product 2018-2027 (USD Billion)

TABLE 5. Global Gas Water Heater Market estimates & forecasts by Capacity 2018-2027 (USD Billion)

TABLE 6. Global Gas Water Heater Market estimates & forecasts by Application 2018-2027 (USD Billion)

TABLE 7. Global Gas Water Heater Market estimates & forecasts by Fuel 2018-2027 (USD Billion)

TABLE 8. Global Gas Water Heater Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 9. Global Gas Water Heater Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 10. Global Gas Water Heater Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 11. Global Gas Water Heater Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 12. Global Gas Water Heater Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 13. Global Gas Water Heater Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 14. Global Gas Water Heater Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 15. Global Gas Water Heater Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 16. Global Gas Water Heater Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 17. Global Gas Water Heater Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 18. Global Gas Water Heater Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 19. Global Gas Water Heater Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 20. Global Gas Water Heater Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 21. Global Gas Water Heater Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 22. Global Gas Water Heater Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 23. Global Gas Water Heater Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 24. U.S. Gas Water Heater Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 25. U.S. Gas Water Heater Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 26. U.S. Gas Water Heater Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 27. Canada Gas Water Heater Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 28. Canada Gas Water Heater Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 29. Canada Gas Water Heater Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 30. UK Gas Water Heater Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 31. UK Gas Water Heater Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 32. UK Gas Water Heater Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 33. Germany Gas Water Heater Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 34. Germany Gas Water Heater Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 35. Germany Gas Water Heater Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 36. France Gas Water Heater Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 37. France Gas Water Heater Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 38. France Gas Water Heater Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 39. Spain Gas Water Heater Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 40. Spain Gas Water Heater Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 41. Spain Gas Water Heater Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 42. Italy Gas Water Heater Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 43. Italy Gas Water Heater Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 44. Italy Gas Water Heater Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 45. ROE Gas Water Heater Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 46. ROE Gas Water Heater Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 47. ROE Gas Water Heater Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 48. China Gas Water Heater Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 49. China Gas Water Heater Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 50. China Gas Water Heater Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 51. India Gas Water Heater Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 52. India Gas Water Heater Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 53. India Gas Water Heater Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 54. Japan Gas Water Heater Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 55. Japan Gas Water Heater Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 56. Japan Gas Water Heater Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 57. Australia Gas Water Heater Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 58. Australia Gas Water Heater Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 59. Australia Gas Water Heater Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 60. South Korea Gas Water Heater Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 61. South Korea Gas Water Heater Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 62. South Korea Gas Water Heater Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 63. ROPAC Gas Water Heater Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 64. ROPAC Gas Water Heater Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 65. ROPAC Gas Water Heater Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 66. Brazil Gas Water Heater Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 67. Brazil Gas Water Heater Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 68. Brazil Gas Water Heater Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 69. Mexico Gas Water Heater Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 70. Mexico Gas Water Heater Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 71. Mexico Gas Water Heater Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 72. ROLA Gas Water Heater Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 73. ROLA Gas Water Heater Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 74. ROLA Gas Water Heater Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 75. ROW Gas Water Heater Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 76. ROW Gas Water Heater Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 77. ROW Gas Water Heater Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 78. List of secondary sources used in the study of global Gas Water Heater Market .

TABLE 79. List of primary sources used in the study of global Gas Water Heater Market .

TABLE 80. Years considered for the study.

TABLE 81. Exchange rates considered.

 
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