Home > Industrial Machinery > HVAC > Water Heater > Gas Water Heater Market

Gas Water Heater Market Share

Report ID: GMI706
Published Date: Dec 2024
Report Format: PDF

Download Free Sample

Gas Water Heater Market Share

The competitive landscape for gas water heaters is shaped by a mix of established brands, technological advancements, market demands, and regulatory changes. Many manufacturers compete on pricing, offering a range of products at various price points to cater to both budget-conscious consumers and premium segments. Key players are investing heavily in R&D to develop more energy-efficient and durable water heaters. Providing strong customer support, warranties, and installation services can significantly enhance brand loyalty in the competitive water heater market.

Gas Water Heater Market Companies

Eminent players operating in the gas water heater industry are:

American Water Heater
Ariston Thermo
A. O. Smith
BDR Thermea Group
Bosch Thermotechnology Corp.
Bradford White Corporation
FERROLI S.p.A
Hubbell Heaters
Havells India Ltd.
Haier Inc.
Lennox International Inc.
Noritz Corporation
Parker Boiler Company
Rheem Manufacturing Company
Rinnai America Corporation
State Industries
Vaillant
Westinghouse Electric Corporation

Authors: Ankit Gupta, Srishti Agarwal

Frequently Asked Questions (FAQ) :

The market valuation of gas water heater was worth USD 9.38 billion in 2023 and is anticipated to reach USD 16.75 billion by 2032.

The instant gas water heater market is anticipated to record over 6.4% through 2032, owing to the increasing consumer preference for appliances that reduce energy consumption and lower utility bills, along with competitive product pricing and availability of multi-capacity variants.

The gas water heater market for North America will record more than 6.5% CAGR from 2023 to 2032, attributed to the presence of leading players in the country and modern technological advancements.

A. O. Smith, Lennox International Inc., Ariston Thermo USA LLC, BDR Thermea Group, Ariston Holding N.V., Bosch Thermotechnology Corp., Bradford White Corporation, Haier Inc., Ariston Thermo India Private Limited, Rheem Manufacturing Company, American Water Heater, and Rinnai America Corporation.