Detailed Commercial Water Heater market analysis based on research report implementation, latest trends, growth, and business opportunities

The following companies are represented in the commercial water heater market: AO Smith (USA), Rinnai Corporation (Japan), Rheem Manufacturing (Scotland), Ariston Thermo spA (Italy), Racold (India), Midea Group (China), Nibe Corporation ( Sweden), Nortiz Corporation (Japan), Hubbell (USA), Valliant (Germany), Lowe’s (USA), Bradford White Corporation (USA), Flexiheat UK Ltd (UK), Daikin Industries (Japan)

The global commercial water heater market size was US$5.59 billion in 2020. The market is expected to grow from $5.98 billion in 2021 to $8.69 billion in 2028 at a CAGR of 5.5% over the period 2021-2028.

ThatCommercial Water Heater Market 2022| Global Energy & Energy Industry Analysis By Impact Of Covid-19 On, Size, Trends, Growth, Share, Business, Key Players, Merger, Statistics, Competitive Landscape And Regional Forecast To 2028 is the latest study published by Fortune Business Insights. The Commercial Water Heater Market Growth Rate or CAGR that a market exhibits for any specific forecast period is calculated based on various factors and their influence on the market.

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Key Industry Development:

June 2020 –AO Smith has announced the launch of 20 new commercial heat pump models. The new product line offers contractors, engineers and architects with their customers an innovative, reliable and energy efficient answer for large commercial applications.

June 2019 –Rheem, a global manufacturer of water heaters and air conditioners, has announced its partnership with United Illuminating (UI), a subsidiary of AVANGRID Inc., and EnergyHub. As part of the program, UI used EnergyHub’s Mercury Energy Resource Management System (DERMS) for aggregation; Rheem has developed intelligent heat pump heating for demand response events.

Scope of Commercial Water Heaters Market Report:

REPORT ATTRIBUTE DETAILS
Market size available for years 2021-2028
CAGR value 5.5%
Base year considered 2019
Historical data 2017-2019
forecast period 2021-2028
Quantitative Units Revenue in USD million and CAGR from 2021-20281
Covered Segments Types, Applications, End Users and more.
report coverage Sales Forecast, Company Ranking, Competitive Landscape, Growth Factors and Trends
scope of customization Report adjustment at purchase. Adding or changing the scope of countries, regions and segments.
Prices and purchase options Benefit from tailored purchasing options to meet your exact research needs. Explore purchase options

Drivers of industrial globalization:

Increasing demand for energy efficient products to fuel market growth

Water heaters account for about 18% of building or commercial energy. Several technologies are implemented to improve the efficiency of the product. Thin insulation, improved construction, and advanced heat pumps built into such heaters can improve their efficiency. Therefore, the increasing emphasis on increasing the efficiency of building technologies and systems is likely to fuel the growth of the global commercial water heater market.

Increasing demand for energy efficient products in commercial applications is expected to be a key factor driving the market growth. The increasing use of high-efficiency commercial water heaters to reduce carbon emissions and energy consumption is expected to spur market growth.

Commercial Water Heaters Market COVID-19 Impact Analysis:

  • Market size before and after COVID-19
  • A qualitative examination of the long-term and short-term impact of COVID-19 on the industry
  • The analysis provides the main approaches of the competitors to minimize the impact of the epidemics on their business activities and the scope for future developments.

Stepping into a post-COVID economy: How the power and energy industries will play an integral part in its recovery.request a sample copy

The study provides analysis on market players including:

  • O Smith (USA)
  • Rinnai Corporation (Japan)
  • Rheem Manufacturing (Scotland)
  • Ariston Thermo SpA (Italy)
  • Racold (India)
  • Midea Group (China)
  • Nibe Corporation (Sweden)
  • Nortiz Corporation (Japan)
  • Hubbell (USA)
  • Valliant (Germany)
  • Lowe’s (USA)
  • Bradford White Corporation (USA)
  • Flexiheat UK Ltd. (United Kingdom)
  • Daikin Industries (Japan)

Segmental Outlook

Key segments including types and applications have been detailed in this report. Verified market report consultants examined all segments and used historical data to indicate market size. They also talked about the growth opportunities that the segment could offer in the future. The study provides production and sales data by type and application for the past period and the forecast period (2022-2028).

Report Highlights:

Industry overview:The first section of the research study provides an overview of the global Commercial Water Heaters market, market status and prospects, and product range. Additionally, it provides highlights of the key segments of the global Commercial Water Heater Market i.e. region, type and application segments.

Competitive Analysis:This report highlights key mergers and acquisitions deals, business expansion, product or service differences, market concentration, competitive status of the global Commercial Water Heaters market, and the market size by players.

Company profiles and key data:This section covers companies profiling the major players in the global Commercial Water Heaters Market based on the above revenue, products, deals and other factors.

Market Size by Type and Application:This section provides not only an in-depth analysis of the global Commercial Water Heater market size by type and application, but also research on the key end-users or consumers and potential applications.

Market Dynamics:This report covers the drivers, trends and opportunities of the global commercial water heater market. This section also includes Porter’s analysis of the five forces.

Results and conclusions:It offers strong recommendations for new and established players to secure a strong position in the global Commercial Water Heater Market.

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Detailed TOC of Global Commercial Water Heater Market Report 2022

Commercial Water Heaters market introduction and market overview

  • Aims of the study
  • Overview of the Commercial Water Heater Market
  • Commercial Water Heater Market Market Scope and Market Size Estimation
  • Market Concentration Ratio and Market Maturity Analysis
  • Sales and growth rate of the global Commercial Water Heaters market

market segmentation

  • Types of Commercial Water Heaters Market
  • Commercial Water Heater Market Applications
  • research regions
  • market dynamics
  • Industry Trends for Commercial Water Heater Market
  • Commercial Water Heater Market Drivers
  • Commercial Water Heater Market Market Challenges
  • Commercial Water Heaters Market Market Restrictions
  • Industry news and guidelines by region
  • Industry News
  • industry guidelines
  • Mergers and acquisitions, expansion plans
  • Commercial Water Heater Market Development Trends During COVID-9 Outbreak
  • Overview of the global COVID-9 status
  • Influence of COVID-9 outbreak on Commercial Water Heater Market industry development

Industry chain analysis

  • Upstream analysis of commodity supply and demand
  • Global Commercial Water Heater Market Major Upstream Raw Materials & Suppliers
  • Raw Material Source Analysis
  • Major Players of Commercial Water Heaters Market
  • Production base of the major players of Commercial Water Heaters Market in 2028
  • Market distribution of the main players in 2028
  • Analysis of the manufacturing cost structure of Commercial Water Heaters market
  • Analysis of the production process
  • Manufacturing Cost Structure of Commercial Water Heaters Market
  • Market channel analysis of the Commercial Water Heaters market
  • Key downstream customers by application

Continuation….

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