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Global Indirect Water Heaters Market Research Report 2025
Synopsis
Indirect Water Heater is a kind of water heater, which generates more hot water than standard hot water heaters. An indirect water heater is one of the most cost effective ways to heat water because it eliminates the tremendous flue loss associated with gas-fired storage water heaters but without the hassles and extra costs of tankless gas water heaters. When used with a modern, high efficiency boiler, these energy savings hold true even in the summer when your boiler isn't needed for heat.
The global Indirect Water Heaters market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
North American market for Indirect Water Heaters is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Indirect Water Heaters is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of Indirect Water Heaters include The Marley-Wylain Company, A.O. Smith, Bradford White, Westinghouse Electric Corporation, Hubbell, PB Heat, LLC, U.S. Boiler Company, Triangle Tube and Heat Transfer Products(HTP), etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Indirect Water Heaters, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Indirect Water Heaters.
Report Scope
The Indirect Water Heaters market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Indirect Water Heaters market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Indirect Water Heaters manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
The Marley-Wylain Company
A.O. Smith
Bradford White
Westinghouse Electric Corporation
Hubbell
PB Heat, LLC
U.S. Boiler Company
Triangle Tube
Heat Transfer Products(HTP)
Heat-Flo
Bock Water Heaters
Niles Steel Tank
Rheem
Segment by Type
Internal Coiled Type
External Submerged Type
Segment by Application
Residential
Commercial
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Indirect Water Heaters manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Indirect Water Heaters by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Indirect Water Heaters in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: 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 10: The main points and conclusions of the report.
Indirect Water Heater is a kind of water heater, which generates more hot water than standard hot water heaters. An indirect water heater is one of the most cost effective ways to heat water because it eliminates the tremendous flue loss associated with gas-fired storage water heaters but without the hassles and extra costs of tankless gas water heaters. When used with a modern, high efficiency boiler, these energy savings hold true even in the summer when your boiler isn't needed for heat.
The global Indirect Water Heaters market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
North American market for Indirect Water Heaters is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Indirect Water Heaters is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of Indirect Water Heaters include The Marley-Wylain Company, A.O. Smith, Bradford White, Westinghouse Electric Corporation, Hubbell, PB Heat, LLC, U.S. Boiler Company, Triangle Tube and Heat Transfer Products(HTP), etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Indirect Water Heaters, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Indirect Water Heaters.
Report Scope
The Indirect Water Heaters market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Indirect Water Heaters market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Indirect Water Heaters manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
The Marley-Wylain Company
A.O. Smith
Bradford White
Westinghouse Electric Corporation
Hubbell
PB Heat, LLC
U.S. Boiler Company
Triangle Tube
Heat Transfer Products(HTP)
Heat-Flo
Bock Water Heaters
Niles Steel Tank
Rheem
Segment by Type
Internal Coiled Type
External Submerged Type
Segment by Application
Residential
Commercial
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Indirect Water Heaters manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Indirect Water Heaters by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Indirect Water Heaters in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: 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 10: The main points and conclusions of the report.
Index1 Indirect Water Heaters Market Overview
1.1 Product Definition
1.2 Indirect Water Heaters Segment by Type
1.2.1 Global Indirect Water Heaters Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Internal Coiled Type
1.2.3 External Submerged Type
1.3 Indirect Water Heaters Segment by Application
1.3.1 Global Indirect Water Heaters Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Residential
1.3.3 Commercial
1.4 Global Market Growth Prospects
1.4.1 Global Indirect Water Heaters Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Indirect Water Heaters Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Indirect Water Heaters Production Estimates and Forecasts (2019-2030)
1.4.4 Global Indirect Water Heaters Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Indirect Water Heaters Production Market Share by Manufacturers (2019-2024)
2.2 Global Indirect Water Heaters Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Indirect Water Heaters, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Indirect Water Heaters Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Indirect Water Heaters Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Indirect Water Heaters, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Indirect Water Heaters, Product Offered and Application
2.8 Global Key Manufacturers of Indirect Water Heaters, Date of Enter into This Industry
2.9 Indirect Water Heaters Market Competitive Situation and Trends
2.9.1 Indirect Water Heaters Market Concentration Rate
2.9.2 Global 5 and 10 Largest Indirect Water Heaters Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Indirect Water Heaters Production by Region
3.1 Global Indirect Water Heaters Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Indirect Water Heaters Production Value by Region (2019-2030)
3.2.1 Global Indirect Water Heaters Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Indirect Water Heaters by Region (2025-2030)
3.3 Global Indirect Water Heaters Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Indirect Water Heaters Production by Region (2019-2030)
3.4.1 Global Indirect Water Heaters Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Indirect Water Heaters by Region (2025-2030)
3.5 Global Indirect Water Heaters Market Price Analysis by Region (2019-2024)
3.6 Global Indirect Water Heaters Production and Value, Year-over-Year Growth
3.6.1 North America Indirect Water Heaters Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Indirect Water Heaters Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Indirect Water Heaters Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Indirect Water Heaters Production Value Estimates and Forecasts (2019-2030)
4 Indirect Water Heaters Consumption by Region
4.1 Global Indirect Water Heaters Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Indirect Water Heaters Consumption by Region (2019-2030)
4.2.1 Global Indirect Water Heaters Consumption by Region (2019-2024)
4.2.2 Global Indirect Water Heaters Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Indirect Water Heaters Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Indirect Water Heaters Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Indirect Water Heaters Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Indirect Water Heaters Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Indirect Water Heaters Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Indirect Water Heaters Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Indirect Water Heaters Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Indirect Water Heaters Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Indirect Water Heaters Production by Type (2019-2030)
5.1.1 Global Indirect Water Heaters Production by Type (2019-2024)
5.1.2 Global Indirect Water Heaters Production by Type (2025-2030)
5.1.3 Global Indirect Water Heaters Production Market Share by Type (2019-2030)
5.2 Global Indirect Water Heaters Production Value by Type (2019-2030)
5.2.1 Global Indirect Water Heaters Production Value by Type (2019-2024)
5.2.2 Global Indirect Water Heaters Production Value by Type (2025-2030)
5.2.3 Global Indirect Water Heaters Production Value Market Share by Type (2019-2030)
5.3 Global Indirect Water Heaters Price by Type (2019-2030)
6 Segment by Application
6.1 Global Indirect Water Heaters Production by Application (2019-2030)
6.1.1 Global Indirect Water Heaters Production by Application (2019-2024)
6.1.2 Global Indirect Water Heaters Production by Application (2025-2030)
6.1.3 Global Indirect Water Heaters Production Market Share by Application (2019-2030)
6.2 Global Indirect Water Heaters Production Value by Application (2019-2030)
6.2.1 Global Indirect Water Heaters Production Value by Application (2019-2024)
6.2.2 Global Indirect Water Heaters Production Value by Application (2025-2030)
6.2.3 Global Indirect Water Heaters Production Value Market Share by Application (2019-2030)
6.3 Global Indirect Water Heaters Price by Application (2019-2030)
7 Key Companies Profiled
7.1 The Marley-Wylain Company
7.1.1 The Marley-Wylain Company Indirect Water Heaters Corporation Information
7.1.2 The Marley-Wylain Company Indirect Water Heaters Product Portfolio
7.1.3 The Marley-Wylain Company Indirect Water Heaters Production, Value, Price and Gross Margin (2019-2024)
7.1.4 The Marley-Wylain Company Main Business and Markets Served
7.1.5 The Marley-Wylain Company Recent Developments/Updates
7.2 A.O. Smith
7.2.1 A.O. Smith Indirect Water Heaters Corporation Information
7.2.2 A.O. Smith Indirect Water Heaters Product Portfolio
7.2.3 A.O. Smith Indirect Water Heaters Production, Value, Price and Gross Margin (2019-2024)
7.2.4 A.O. Smith Main Business and Markets Served
7.2.5 A.O. Smith Recent Developments/Updates
7.3 Bradford White
7.3.1 Bradford White Indirect Water Heaters Corporation Information
7.3.2 Bradford White Indirect Water Heaters Product Portfolio
7.3.3 Bradford White Indirect Water Heaters Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Bradford White Main Business and Markets Served
7.3.5 Bradford White Recent Developments/Updates
7.4 Westinghouse Electric Corporation
7.4.1 Westinghouse Electric Corporation Indirect Water Heaters Corporation Information
7.4.2 Westinghouse Electric Corporation Indirect Water Heaters Product Portfolio
7.4.3 Westinghouse Electric Corporation Indirect Water Heaters Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Westinghouse Electric Corporation Main Business and Markets Served
7.4.5 Westinghouse Electric Corporation Recent Developments/Updates
7.5 Hubbell
7.5.1 Hubbell Indirect Water Heaters Corporation Information
7.5.2 Hubbell Indirect Water Heaters Product Portfolio
7.5.3 Hubbell Indirect Water Heaters Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Hubbell Main Business and Markets Served
7.5.5 Hubbell Recent Developments/Updates
7.6 PB Heat, LLC
7.6.1 PB Heat, LLC Indirect Water Heaters Corporation Information
7.6.2 PB Heat, LLC Indirect Water Heaters Product Portfolio
7.6.3 PB Heat, LLC Indirect Water Heaters Production, Value, Price and Gross Margin (2019-2024)
7.6.4 PB Heat, LLC Main Business and Markets Served
7.6.5 PB Heat, LLC Recent Developments/Updates
7.7 U.S. Boiler Company
7.7.1 U.S. Boiler Company Indirect Water Heaters Corporation Information
7.7.2 U.S. Boiler Company Indirect Water Heaters Product Portfolio
7.7.3 U.S. Boiler Company Indirect Water Heaters Production, Value, Price and Gross Margin (2019-2024)
7.7.4 U.S. Boiler Company Main Business and Markets Served
7.7.5 U.S. Boiler Company Recent Developments/Updates
7.8 Triangle Tube
7.8.1 Triangle Tube Indirect Water Heaters Corporation Information
7.8.2 Triangle Tube Indirect Water Heaters Product Portfolio
7.8.3 Triangle Tube Indirect Water Heaters Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Triangle Tube Main Business and Markets Served
7.7.5 Triangle Tube Recent Developments/Updates
7.9 Heat Transfer Products(HTP)
7.9.1 Heat Transfer Products(HTP) Indirect Water Heaters Corporation Information
7.9.2 Heat Transfer Products(HTP) Indirect Water Heaters Product Portfolio
7.9.3 Heat Transfer Products(HTP) Indirect Water Heaters Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Heat Transfer Products(HTP) Main Business and Markets Served
7.9.5 Heat Transfer Products(HTP) Recent Developments/Updates
7.10 Heat-Flo
7.10.1 Heat-Flo Indirect Water Heaters Corporation Information
7.10.2 Heat-Flo Indirect Water Heaters Product Portfolio
7.10.3 Heat-Flo Indirect Water Heaters Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Heat-Flo Main Business and Markets Served
7.10.5 Heat-Flo Recent Developments/Updates
7.11 Bock Water Heaters
7.11.1 Bock Water Heaters Indirect Water Heaters Corporation Information
7.11.2 Bock Water Heaters Indirect Water Heaters Product Portfolio
7.11.3 Bock Water Heaters Indirect Water Heaters Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Bock Water Heaters Main Business and Markets Served
7.11.5 Bock Water Heaters Recent Developments/Updates
7.12 Niles Steel Tank
7.12.1 Niles Steel Tank Indirect Water Heaters Corporation Information
7.12.2 Niles Steel Tank Indirect Water Heaters Product Portfolio
7.12.3 Niles Steel Tank Indirect Water Heaters Production, Value, Price and Gross Margin (2019-2024)
7.12.4 Niles Steel Tank Main Business and Markets Served
7.12.5 Niles Steel Tank Recent Developments/Updates
7.13 Rheem
7.13.1 Rheem Indirect Water Heaters Corporation Information
7.13.2 Rheem Indirect Water Heaters Product Portfolio
7.13.3 Rheem Indirect Water Heaters Production, Value, Price and Gross Margin (2019-2024)
7.13.4 Rheem Main Business and Markets Served
7.13.5 Rheem Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Indirect Water Heaters Industry Chain Analysis
8.2 Indirect Water Heaters Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Indirect Water Heaters Production Mode & Process
8.4 Indirect Water Heaters Sales and Marketing
8.4.1 Indirect Water Heaters Sales Channels
8.4.2 Indirect Water Heaters Distributors
8.5 Indirect Water Heaters Customers
9 Indirect Water Heaters Market Dynamics
9.1 Indirect Water Heaters Industry Trends
9.2 Indirect Water Heaters Market Drivers
9.3 Indirect Water Heaters Market Challenges
9.4 Indirect Water Heaters Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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