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Gas Water Heaters-Global Market Insights and Sales Trends 2025
Synopsis
The global Gas Water Heaters market size is expected to reach US$ 1806.7 million by 2029, growing at a CAGR of 6.6% from 2023 to 2029. The market is mainly driven by the significant applications of Gas Water Heaters in various end use industries. The expanding demands from the Household, Commercial and Industrial,, are propelling Gas Water Heaters market. Tank, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Tankless segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Gas Water Heaters market, driven by demand from China, the second largest economy with some signs of stabilising, the Gas Water Heaters market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Gas Water Heaters, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Gas Water Heaters market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Gas Water Heaters market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Gas Water Heaters sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Gas Water Heaters covered in this report include AO Smith, Rheem, Eemax, Stiebel Eltron, Bosch, Dormont, Midea, Bosch and AEG, etc.
The global Gas Water Heaters market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
AO Smith
Rheem
Eemax
Stiebel Eltron
Bosch
Dormont
Midea
Bosch
AEG
Euromaid
Technika
Baumatic
Siemens
Ilve
Thermador
Global Gas Water Heaters market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Gas Water Heaters market, Segment by Type:
Tank
Tankless
Global Gas Water Heaters market, by Application
Household
Commercial
Industrial
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Gas Water Heaters manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Gas Water Heaters in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
The global Gas Water Heaters market size is expected to reach US$ 1806.7 million by 2029, growing at a CAGR of 6.6% from 2023 to 2029. The market is mainly driven by the significant applications of Gas Water Heaters in various end use industries. The expanding demands from the Household, Commercial and Industrial,, are propelling Gas Water Heaters market. Tank, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Tankless segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Gas Water Heaters market, driven by demand from China, the second largest economy with some signs of stabilising, the Gas Water Heaters market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Gas Water Heaters, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Gas Water Heaters market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Gas Water Heaters market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Gas Water Heaters sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Gas Water Heaters covered in this report include AO Smith, Rheem, Eemax, Stiebel Eltron, Bosch, Dormont, Midea, Bosch and AEG, etc.
The global Gas Water Heaters market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
AO Smith
Rheem
Eemax
Stiebel Eltron
Bosch
Dormont
Midea
Bosch
AEG
Euromaid
Technika
Baumatic
Siemens
Ilve
Thermador
Global Gas Water Heaters market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Gas Water Heaters market, Segment by Type:
Tank
Tankless
Global Gas Water Heaters market, by Application
Household
Commercial
Industrial
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Gas Water Heaters manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Gas Water Heaters in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Gas Water Heaters Market Overview
1.1 Gas Water Heaters Product Overview
1.2 Gas Water Heaters Market Segment by Type
1.2.1 Tank
1.2.2 Tankless
1.3 Global Gas Water Heaters Market Size by Type
1.3.1 Global Gas Water Heaters Market Size Overview by Type (2018-2029)
1.3.2 Global Gas Water Heaters Historic Market Size Review by Type (2018-2023)
1.3.3 Global Gas Water Heaters Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Gas Water Heaters Sales Breakdown by Type (2018-2023)
1.4.2 Europe Gas Water Heaters Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Gas Water Heaters Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Gas Water Heaters Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Gas Water Heaters Sales Breakdown by Type (2018-2023)
2 Global Gas Water Heaters Market Competition by Company
2.1 Global Top Players by Gas Water Heaters Sales (2018-2023)
2.2 Global Top Players by Gas Water Heaters Revenue (2018-2023)
2.3 Global Top Players by Gas Water Heaters Price (2018-2023)
2.4 Global Top Manufacturers Gas Water Heaters Manufacturing Base Distribution, Sales Area, Product Type
2.5 Gas Water Heaters Market Competitive Situation and Trends
2.5.1 Gas Water Heaters Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Gas Water Heaters Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Gas Water Heaters as of 2022)
2.7 Date of Key Manufacturers Enter into Gas Water Heaters Market
2.8 Key Manufacturers Gas Water Heaters Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Gas Water Heaters Status and Outlook by Region
3.1 Global Gas Water Heaters Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Gas Water Heaters Historic Market Size by Region
3.2.1 Global Gas Water Heaters Sales in Volume by Region (2018-2023)
3.2.2 Global Gas Water Heaters Sales in Value by Region (2018-2023)
3.2.3 Global Gas Water Heaters Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Gas Water Heaters Forecasted Market Size by Region
3.3.1 Global Gas Water Heaters Sales in Volume by Region (2024-2029)
3.3.2 Global Gas Water Heaters Sales in Value by Region (2024-2029)
3.3.3 Global Gas Water Heaters Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Gas Water Heaters by Application
4.1 Gas Water Heaters Market Segment by Application
4.1.1 Household
4.1.2 Commercial
4.1.3 Industrial
4.2 Global Gas Water Heaters Market Size by Application
4.2.1 Global Gas Water Heaters Market Size Overview by Application (2018-2029)
4.2.2 Global Gas Water Heaters Historic Market Size Review by Application (2018-2023)
4.2.3 Global Gas Water Heaters Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Gas Water Heaters Sales Breakdown by Application (2018-2023)
4.3.2 Europe Gas Water Heaters Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Gas Water Heaters Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Gas Water Heaters Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Gas Water Heaters Sales Breakdown by Application (2018-2023)
5 North America Gas Water Heaters by Country
5.1 North America Gas Water Heaters Historic Market Size by Country
5.1.1 North America Gas Water Heaters Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Gas Water Heaters Sales in Volume by Country (2018-2023)
5.1.3 North America Gas Water Heaters Sales in Value by Country (2018-2023)
5.2 North America Gas Water Heaters Forecasted Market Size by Country
5.2.1 North America Gas Water Heaters Sales in Volume by Country (2024-2029)
5.2.2 North America Gas Water Heaters Sales in Value by Country (2024-2029)
6 Europe Gas Water Heaters by Country
6.1 Europe Gas Water Heaters Historic Market Size by Country
6.1.1 Europe Gas Water Heaters Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Gas Water Heaters Sales in Volume by Country (2018-2023)
6.1.3 Europe Gas Water Heaters Sales in Value by Country (2018-2023)
6.2 Europe Gas Water Heaters Forecasted Market Size by Country
6.2.1 Europe Gas Water Heaters Sales in Volume by Country (2024-2029)
6.2.2 Europe Gas Water Heaters Sales in Value by Country (2024-2029)
7 Asia-Pacific Gas Water Heaters by Region
7.1 Asia-Pacific Gas Water Heaters Historic Market Size by Region
7.1.1 Asia-Pacific Gas Water Heaters Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Gas Water Heaters Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Gas Water Heaters Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Gas Water Heaters Forecasted Market Size by Region
7.2.1 Asia-Pacific Gas Water Heaters Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Gas Water Heaters Sales in Value by Region (2024-2029)
8 Latin America Gas Water Heaters by Country
8.1 Latin America Gas Water Heaters Historic Market Size by Country
8.1.1 Latin America Gas Water Heaters Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Gas Water Heaters Sales in Volume by Country (2018-2023)
8.1.3 Latin America Gas Water Heaters Sales in Value by Country (2018-2023)
8.2 Latin America Gas Water Heaters Forecasted Market Size by Country
8.2.1 Latin America Gas Water Heaters Sales in Volume by Country (2024-2029)
8.2.2 Latin America Gas Water Heaters Sales in Value by Country (2024-2029)
9 Middle East and Africa Gas Water Heaters by Country
9.1 Middle East and Africa Gas Water Heaters Historic Market Size by Country
9.1.1 Middle East and Africa Gas Water Heaters Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Gas Water Heaters Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Gas Water Heaters Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Gas Water Heaters Forecasted Market Size by Country
9.2.1 Middle East and Africa Gas Water Heaters Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Gas Water Heaters Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 AO Smith
10.1.1 AO Smith Company Information
10.1.2 AO Smith Introduction and Business Overview
10.1.3 AO Smith Gas Water Heaters Sales, Revenue and Gross Margin (2018-2023)
10.1.4 AO Smith Gas Water Heaters Products Offered
10.1.5 AO Smith Recent Development
10.2 Rheem
10.2.1 Rheem Company Information
10.2.2 Rheem Introduction and Business Overview
10.2.3 Rheem Gas Water Heaters Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Rheem Gas Water Heaters Products Offered
10.2.5 Rheem Recent Development
10.3 Eemax
10.3.1 Eemax Company Information
10.3.2 Eemax Introduction and Business Overview
10.3.3 Eemax Gas Water Heaters Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Eemax Gas Water Heaters Products Offered
10.3.5 Eemax Recent Development
10.4 Stiebel Eltron
10.4.1 Stiebel Eltron Company Information
10.4.2 Stiebel Eltron Introduction and Business Overview
10.4.3 Stiebel Eltron Gas Water Heaters Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Stiebel Eltron Gas Water Heaters Products Offered
10.4.5 Stiebel Eltron Recent Development
10.5 Bosch
10.5.1 Bosch Company Information
10.5.2 Bosch Introduction and Business Overview
10.5.3 Bosch Gas Water Heaters Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Bosch Gas Water Heaters Products Offered
10.5.5 Bosch Recent Development
10.6 Dormont
10.6.1 Dormont Company Information
10.6.2 Dormont Introduction and Business Overview
10.6.3 Dormont Gas Water Heaters Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Dormont Gas Water Heaters Products Offered
10.6.5 Dormont Recent Development
10.7 Midea
10.7.1 Midea Company Information
10.7.2 Midea Introduction and Business Overview
10.7.3 Midea Gas Water Heaters Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Midea Gas Water Heaters Products Offered
10.7.5 Midea Recent Development
10.8 Bosch
10.8.1 Bosch Company Information
10.8.2 Bosch Introduction and Business Overview
10.8.3 Bosch Gas Water Heaters Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Bosch Gas Water Heaters Products Offered
10.8.5 Bosch Recent Development
10.9 AEG
10.9.1 AEG Company Information
10.9.2 AEG Introduction and Business Overview
10.9.3 AEG Gas Water Heaters Sales, Revenue and Gross Margin (2018-2023)
10.9.4 AEG Gas Water Heaters Products Offered
10.9.5 AEG Recent Development
10.10 Euromaid
10.10.1 Euromaid Company Information
10.10.2 Euromaid Introduction and Business Overview
10.10.3 Euromaid Gas Water Heaters Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Euromaid Gas Water Heaters Products Offered
10.10.5 Euromaid Recent Development
10.11 Technika
10.11.1 Technika Company Information
10.11.2 Technika Introduction and Business Overview
10.11.3 Technika Gas Water Heaters Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Technika Gas Water Heaters Products Offered
10.11.5 Technika Recent Development
10.12 Baumatic
10.12.1 Baumatic Company Information
10.12.2 Baumatic Introduction and Business Overview
10.12.3 Baumatic Gas Water Heaters Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Baumatic Gas Water Heaters Products Offered
10.12.5 Baumatic Recent Development
10.13 Siemens
10.13.1 Siemens Company Information
10.13.2 Siemens Introduction and Business Overview
10.13.3 Siemens Gas Water Heaters Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Siemens Gas Water Heaters Products Offered
10.13.5 Siemens Recent Development
10.14 Ilve
10.14.1 Ilve Company Information
10.14.2 Ilve Introduction and Business Overview
10.14.3 Ilve Gas Water Heaters Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Ilve Gas Water Heaters Products Offered
10.14.5 Ilve Recent Development
10.15 Thermador
10.15.1 Thermador Company Information
10.15.2 Thermador Introduction and Business Overview
10.15.3 Thermador Gas Water Heaters Sales, Revenue and Gross Margin (2018-2023)
10.15.4 Thermador Gas Water Heaters Products Offered
10.15.5 Thermador Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Gas Water Heaters Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Gas Water Heaters Industrial Chain Analysis
11.4 Gas Water Heaters Market Dynamics
11.4.1 Gas Water Heaters Industry Trends
11.4.2 Gas Water Heaters Market Drivers
11.4.3 Gas Water Heaters Market Challenges
11.4.4 Gas Water Heaters Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Gas Water Heaters Distributors
12.3 Gas Water Heaters Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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