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Commercial Water Heater Market

The global commercial water heater market size is studied by type, storage capacity, rated<br>capacity, and region. On the basis of type, the market is divided into electric, gas, oil, solar,<br>hybrid, and others. The electric segment dominated the commercial water heater market<br>share in 2022 owing to the higher operational efficiency offered by electric water heaters.<br>Electric water heaters can effectively maintain their temperature and are easier to manage<br>as compared to any other water heater, which fuels their demand across the hospitality<br>sector. In addition, an electric water heater does not

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Commercial Water Heater Market

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  1. Opportunity Analysis and Industry Forecast, 2016-20231 Commercial Water Heater Market by Type, by Storage Capacity, by Rated Capacity : Global Opportunity Analysis and Industry Forecast, 2023-2032 • Pages: 350 Tables: 132 Charts: 81

  2. Global Commercial Water Heater Market Outlook (2023 – 2032) • Top Impacting Factors: • The commercial water heater market was valued at $6.3 billion in 2022 and is estimated to reach $9.9 billion by 2032, growing at a CAGR of 4.6% from 2023 to 2032. • The growth of the global commercial water heater market is majorly driven by growing infrastructure, especially in public and commercial sectors. • Booming commercial sector and real estate sectors in the Asia-Pacific region and advancements in the current • technology is the recent commercial water heater market trends. • The global commercial water heater market size is studied by type, storage capacity, rated capacity, and region. • Pages: 350 Tables: 132 Charts: 81

  3. Global Commercial Water Heater Market Outlook (2023 – 2032) • On the basis of type, the market is divided into electric, gas, oil, solar, hybrid, and others. • The electric segment dominated the commercial water heater market share in 2022 owing to the higher operational efficiency offered by electric water heaters. • The water heaters are majorly used in small commercial places such as small offices, beauty salons, small restaurants, and small or individual health clinics. • Pages: 350 Tables: 132 Charts: 81

  4. Global Commercial Water Heater Market Outlook (2023 – 2032) • Key Findings of The Commercial Water Heater Market : • By type, the solar segment is projected to grow at the highest CAGR of approximately 5.0%, in terms of during the commercial water heater market forecast period • By the storage capacity, the 500-1000 liters segment dominated the commercial water heater market share by over 30% in 2021. • By rated capacity, the 10-50 kW segment is projected to grow at the highest CAGR of approximately 4.7%, in terms of during the commercial water heater market forecast period. • By region, North America dominated the commercial water heater market and is expected to grow at a CAGR of 4.6% during the forecast period. • Pages: 350 Tables: 132 Charts: 81

  5. The key players profiled in the report include: • Robert Bosch GmbH • STIEBEL ELTRON GmbH and Co. KG • Danfoss A/S • Bradford White Corporation • NIBE Industrier AB • A.O. Smith Corporation • Rheem Manufacturing Company • Mitsubishi Electric Corporation, • Carrier Global Corporation • Bajaj Electricals Ltd Global Commercial Water Heater Market Outlook (2023 – 2032) • Pages: 350 Tables: 132 Charts: 81

  6. Global Commercial Water Heater Market Outlook (2023 – 2032) Thank You! For More Details Visit us at https://www.alliedmarketresearch.com Follow Us On

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