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Commercial Water Heater Market Share

Report ID: GMI2910
Published Date: May 2024
Report Format: PDF

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Commercial Water Heater Market Share

Commercial Water Heater Company Market Share

A.O. Smith, Bosch Thermotechnology, Bradford White, American Standard Water Heaters and AQUAMAX Australia are some leading players operating in the industry. Reduction of energy consumption and operational costs will strengthen the demand for smart, high efficiency, and environmentally friendly water heating solutions. Manufacturers that innovate and provide reliable, cost effective, and sustainable options will be well positioned to capitalize in the market.

Commercial Water Heater Market Companies

Eminent players operating in the commercial water heater industry are:

American Standard Water Heaters
A.O Smith
AQUAMAX Australia Pty. Limited
Bosch Thermotechnology Corp.
Bradford White Corporation
BDR Thermea Group
GE Appliances
Heatre Sadia
HTP
ORBITAL HORIZON
Powrmatic Ltd.
Racold
Rinnai Corporation
Rheem Manufacturing Company
STIEBEL ELTRON GmbH & Co. KG
State Industries
Saudi Ceramic Company
Toshiba Corporation
Westinghouse Electric Corporation

Authors: Ankit Gupta, Srishti Agarwal

Frequently Asked Questions (FAQ) :

The market size of commercial water heater was reached USD 7.22 billion in 2023 and is anticipated to grow at 6.8% CAGR between 2024 and 2032, owing to rapid urbanization and strong need for advanced product customization.

The instant segment in the commercial water heater market will exceed USD 2.11 billion by 2032, as these water heaters can be installed close to the point of use, eliminating the need for long runs of piping, and reducing heat loss through distribution lines.

North America commercial water heater industry will exceed USD 1.8 million by 2032, attributed to the implementation of stringent energy efficiency standards.

American Standard Water Heaters, A.O Smith, AQUAMAX Australia Pty. Limited, Bosch Thermotechnology Corp., Bradford White Corporation, BDR Thermea Group, GE Appliances, Heatre Sadia, HTP, ORBITAL HORIZON, and Powrmatic Ltd among others.