Eminent players operating in the Instant water heater industry are:
A. O. Smith
Ariston Holding N.V.
Bosch Thermotechnology Corp.
Bradford White Corporation
GE Appliances
Rheem Manufacturing Company
Whirlpool Corporation
Rinnai Corporation
FERROLI S.p.A
Havells India Ltd.
Hubbell Heaters
Vaillant Group
Navien Inc.
Haier Inc.
Jaquar India
Authors:
Ankit Gupta, Srishti Agarwal
Frequently Asked Questions (FAQ) :
The market valuation of instant water heater was worth USD 13.17 billion in 2023 and is anticipated to reach more than USD 19.25 billion by 2032.
Gas fuel segment is anticipated to grow at a rate of over 6% through 2032, owing to key features including low standby losses, desired temperature, and cost effectiveness in line with rising focus towards the refurbishment of heating systems across the existing buildings.
North America market will grow at a CAGR of more than 6.5% through 2032, as existing building standards & codes are encouraging the deployment of high-efficiency heating appliances combined with increasing customer awareness toward climate change, and increasing pollution & emission levels.
Whirlpool Corporation, Rinnai Corporation, FERROLI S.p.A, Havells India Ltd., Hubbell Heaters, Vaillant Group, and Navien Inc. among others.