Get a free sample of North America Gas Water Heater Market
Thank you!
Your inquiry has been received. Our team will reach out to you with the required details via email. To ensure that you don't miss their response, kindly remember to check your spam folder as well!
Form submitted successfully!
Error submitting form. Please try again.
Get a free sample of North America Gas Water Heater Market
Thank you!
Your inquiry has been received. Our team will reach out to you with the required details via email. To ensure that you don't miss their response, kindly remember to check your spam folder as well!
Form submitted successfully!
Error submitting form. Please try again.
North America Gas Water Heater Market Share
The competitive landscape for the gas water heater industry in North America is shaped by a combination of leading manufacturers, technological advancements, regulatory standards, and customer preferences. Leading players partner with large retailers such as Home Depot, Lowe’s, and Menards for wide consumer reach and strengthen the market presence ensuring that products are accessible to various customer segments. Companies like Rinnai offer online support and installation services, making it easier for consumers to access products and information without intermediaries.
North America Gas Water Heater Market Companies
Eminent players operating in the North America gas water heater industry are:
- A. O. Smith
- American Water Heater
- Ariston Thermo USA
- BDR Thermea Group
- Bosch Thermotechnology
- Bradford White Corporation
- GE Appliances
- Haier
- Havells India
- Hubbell Heaters
- Lennox International
- Noritz Corporation
- Parker Boiler Company
- Rheem Manufacturing Company
- Rinnai America Corporation
- State Industries
- Westinghouse Electric Corporation
How big is the North America gas water heater market?
The market size of North America gas water heater was reached USD 2.3 billion in 2023 and is estimated to grow at a 6.4% CAGR from 2024 to 2032, driven by stricter energy efficiency regulations.
Why is the commercial segment of gas water heaters growing?
The commercial segment is projected to surpass USD 1 billion by 2032, due to the demand for reliable and cost-effective heating solutions in hotels and resorts.
What is the growth rate of 100-250 liters gas water heaters?
The 100-250 liters gas water heaters segment is anticipated to grow at over 6% CAGR through 2032, owing to their capacity to supply sufficient hot water for daily needs while reducing fuel consumption.
What trends are influencing the U.S. gas water heater market?
The U.S. gas water heater market is predicted to hit USD 3 billion by 2032, driven by enhanced efficiency, reduced operating costs, and integration with smart home systems.
Who are the major players in the North America gas water heater market?
Key players in the industry include A. O. Smith, American Water Heater, Ariston Thermo USA, BDR Thermea Group, Bosch Thermotechnology, Bradford White Corporation, GE Appliances, Haier, Havells India, Hubbell Heaters, Lennox International, Noritz Corporation, Parker Boiler Company, Rheem Manufacturing Company, Rinnai America Corporation, State Industries, and Westinghouse Electric Corporation.