市场调查报告书
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1115302
2022-2028 年无罐热水器全球市场规模、份额和行业趋势分析报告:按类型(冷凝式、非冷凝式)、能源、能源因素、最终用户、地区、展望和预测Global Tankless Water Heater Market Size, Share & Industry Trends Analysis Report By Type (Condensing and Non-Condensing), By Energy Source, By Energy Factor, By End User, By Regional Outlook and Forecast, 2022 - 2028 |
到 2028 年,全球即热式热水器市场规模预计将达到 94 亿美元,在预测期内以 6.7% 的复合年增长率增长。
即热式热水器既节省空间又节能,因此预计在未来几年内将迅速普及,不仅在住宅建筑中,而且在商业设施中。此外,许多即热式热水器都获得了能源之星评级,这使得它们对消费者来说具有成本效益并且对环境友好。此外,虽然这些设备的成本通常高于普通的 40 加仑热水器,但它们的保修期通常更长,使用寿命也比后者更长。此外,即热式热水器可以显着减少您的年度电费支出。热水箱是住宅市场上最常用的热水技术类型。
COVID-19 影响分析
COVID-19 大流行对许多企业和国家产生了负面影响。全球封锁导致建筑、交通、汽车、石油和天然气以及能源行业的增长率下降。因此,对即热式热水器的需求减少,阻碍了 2020 年的市场扩张。为了遏制冠状病毒的传播,经济发达的国家采取了强有力的措施,例如强制社会隔离和限制流动和运输。
市场增长因素
从传统热水器到即热式热水器的替代
在现代和高科技时代,人们在家庭和工作场所不断采用最新的创新技术。即热式热水器是一项远远优于传统热水器的新技术,在商业和住宅应用中被广泛采用。由于政府的各种回扣和补贴以及消费者对先进热水器的态度发生了变化,无水箱热水器正在被用来取代传统的热水器。
全球建筑需求增加
即热式热水器市场扩张的主要驱动力之一是全球建筑活动的增加以及政府在建筑行业的支出增加。随着世界各地城市化进程的迅速蔓延,对更多住房的需求也在飙升。此外,许多人已经搬到城市地区。为了满足这些人的需求,各国政府正在加紧对建筑行业的承诺。在此背景下,全球建筑业正在迅速扩张。建筑业的日益增长也推动了对即热式热水器的需求。
市场製约因素
需要经常维护
无水箱热水器每年至少需要维护一次。矿物质在热水器内部堆积,需要係统清洁以防止损坏和性能下降。此外,如果安装在硬水区,则应至少每年清洁两次。此维护计划对于使您的设备保持良好状态非常重要,因为矿物堆积造成的损坏不在保修范围内。根据型号,您还应该考虑需要多久清洁一次。
按类型划分的前景
即热式热水器市场按类型分为“冷凝式”和“非冷凝式”。 2021年,冷凝部分占据了即热式热水器市场的最大收入份额。这一增长归因于各种应用中对冷凝加热器的需求增加,包括酒店和建筑物等基础设施。冷凝式无罐热水器使用多种技术从烟气中提取更多热量,从而产生更冷的烟气,通常约为 100°F。
能源展望
根据能源,即热式热水器市场分为电热水器和燃气热水器。 2021 年,燃气部门在即热式热水器市场中占有相当大的收入份额。该细分市场不断增长的增长归因于部署此类热水器的低投资成本。与电热水器相比,燃气热水器更便宜。此外,这些热水器的维护成本也很低。即热式燃气热水器在小型组织中非常受欢迎。
能量因素
按能源因素,即热式热水器市场分为 0.80-0.90EF 和 0.91-0.99EF。 0.91~0.99EF在即热式热水器市场销量占比最大。这是因为正在积极进行研究和开发以实现高效的即热式热水器。世界各地不断上涨的电价也在加速这一领域的增长中发挥着重要作用。
最终用户展望
根据最终用户,即热式热水器市场分为住宅和商业。 2018 年,住宅部分在无水箱热水器市场中占据了相当大的收入份额。推动住宅市场对这些产品的需求的一个主要驱动因素是对环保和节能产品的使用不断增加,例如无水箱热水器。预计世界各地人民可支配收入的增长,尤其是新兴经济体的增长,预计将增加住宅单元的数量,以鼓励在整个预测期内使用这些解决方案,而且。
各地区市场展望
按地区分析了北美、欧洲、亚太地区和 LAMEA 的无水箱热水器市场。到 2021 年,欧洲将在无水箱热水器市场占据最大的收入份额。该地区无水箱热水器的扩张与低碳能源发电投资的增加以及更换旧传统热水器的需求激增有关。该地区还有许多在无水箱热水器领域运营的主要市场参与者。这一因素将推动区域即热式热水器市场的增长。
The Global Tankless Water Heater Market size is expected to reach $9.4 billion by 2028, rising at a market growth of 6.7% CAGR during the forecast period.
A tankless water heater is a type of heater that heats water using either gas or electricity as an energy source. It differs from conventional or tanked water heaters in that it heats water as it goes through the heating units quickly rather than storing it. The main factors boosting the growth of the tankless water heater market are an increase in infrastructure improvements, the replacement of conventional and tank-based water heaters along with modern tankless water heaters, as well as the deployment of smart water heaters. In addition, a greater emphasis on producing tankless electric water heaters with improved quality, safety awareness, and energy efficiency is anticipated to open up significant growth opportunities for major players in this market.
Tankless water heater use is anticipated to rise in the coming years as businesses introduce more advanced tankless water heaters. For instance, one of the top producers of commercial tankless water heaters and a leader in clean technology IoT, Intellihot Inc., introduced the Neuron Series of water heaters. These models have cellular Wi-Fi connectivity enabling remote flow and water temperature monitoring. These models also fit in existing water connections and are made for use in schools, restaurants, and hotels, which eliminates the need for re-piping and reduces installation time by half. The majority of the businesses that produce these kinds of heaters also offer extra features in some of their models.
Due to their ability to save space and energy, these heaters are likely to be adopted by residential as well as commercial sectors at a rapid rate throughout the coming years. Additionally, many tankless water heaters have energy star ratings, which make them cost-effective and environmentally good for consumers. Additionally, these devices typically cost more than a normal 40-gallon water heater, but they typically have longer warranty periods and last longer than the latter. Additionally, a tankless water heater can reduce the annual electric expenditure significantly. The storage tank is the most often used type of water heating technology in the residential market.
COVID-19 Impact Analysis
The COVID-19 pandemic had a detrimental impact on a number of businesses and nations. Due to the worldwide lockdown, a decline in the growth rate of the construction and building, transportation, automotive, oil and gas, and energy sectors has been observed. As a result, there is now less demand for tankless water heaters, which hindered the market's expansion in 2020. In order to stop the spread of the coronavirus, countries with developed economies imposed robust measures, such as achieving social seclusion and limiting mobility and transportation.
Market Growth Factors
Replacement Of Traditional Water Heaters With Tankless Water Heaters
In the era of modern and advanced technologies, people are continuously adopting the latest innovations across their homes as well as workplaces. The tankless water heater is a novel technology that is far better than traditional water heating equipment, due to which, it is widely being employed in commercial as well as residential applications. Tankless water heaters are being used to replace conventional water heaters as a result of various government rebates and subsidies as well as consumers' changing attitudes regarding advanced heaters.
Rising Number Of Construction Activities All Over The World
One of the main factors driving the market expansion for tankless water heaters is the increase in construction activities all over the world along with the rising government expenditure in the construction sector. With the rapid diffusion of urbanization across people all over the world, the demand for more residencies is booming. In addition, a significant number of people are now shifting to urban areas. To fulfill their requirement, various governments are increasing their efforts in the construction sector. Due to all these aspects, the construction sector across the world is rapidly expanding. With the increasing growth of the construction industry, the demand for tankless water heaters is also expediting.
Market Restraining Factors
Requirement For Frequent Maintenance
Maintenance is necessary for tankless water heaters at least once each year. Minerals accumulate inside the water heater over time, necessitating a system flush to avoid damage or a reduction in performance. Moreover, the user needs to flush the heater at least two times a year if it is deployed in an area with a hard water supply. Since the majority of warranties do not cover the damage from mineral build-up, this maintenance schedule is crucial to keep the device in a good condition. leaning the air filter as well as the water filter are examples of routine maintenance and care. Since they differ by model, it should also be considered that how frequently these heaters are needed to be cleaned.
Type Outlook
Based on type, the tankless water heater market is segmented into Condensing and Non-Condensing. In 2021, the condensing segment acquired the largest revenue share of the tankless water heater market. This growth is attributed to the increase in the demand for condensing heaters across a variety of applications, including hotels, buildings, and other infrastructures. Condensing tankless water heaters use a variety of techniques to extract more heat from the exhaust gases, resulting in cooler exhaust gases that are typically around 100° F.
Energy Source Outlook
On the basis of energy source, the tankless water heater market is divided into Electric and Gas. In 2021, the gas segment recorded a substantial revenue share of the tankless water heater market. The constantly rising growth of the segment is attributed to the low investment cost for deploying this type of water heaters. Gas-operated water heaters are less expensive in contrast to electric water coolers. In addition, the maintenance cost of these water heaters is also lower. Gas tankless water heaters are very popular among small organizations.
Energy Factor Outlook
By energy factor, the tankless water heater market is classified into 0.80 to 0.90 EF and 0.91 to 0.99 EF. The 0.91 to 0.99 EF segment witnessed the biggest revenue share of the tankless water heater market. This is due to an increase in research and development efforts for the creation of extremely efficient tankless water heaters. In addition, rising prices of electricity all over the world are also playing a major role in accelerating the growth of this segment.
End-User Outlook
Based on end-user, the tankless water heater market is fragmented into Residential and Commercial. In 2018, the residential segment held a substantial revenue share of the tankless water heater market. The key driver boosting demand for these items in the residential market is the rising use of environmentally friendly and energy-efficient products, such as tankless water heaters. The growth of the disposable income of people all over the world, especially in developed economies, is also anticipated to increase the number of residential units, which is estimated to encourage the use of these solutions throughout the forecast period.
Regional Outlook
Region-wise, the tankless water heater market is analyzed across North America, Europe, Asia Pacific and LAMEA. Europe accounted for the largest revenue share of the tankless water heater market in 2021. The expansion of tankless water heaters in this region is related to an increase in investments in low-carbon energy generation and a surge in the demand for replacing old conventional water heaters. Moreover, there is a significant prevalence of major market players operating in the field of tankless water heaters in the region. This factor would bolster the growth of the regional tankless water heater market.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include A. O. Smith Corporation, Robert Bosch GmbH, Stiebel Eltron GmbH & Co. KG, Takagi Seiko Co., Ltd., Kyungdong Navien Co., Ltd., Noritz Corporation, Bradford White Corporation, EcoSmart Green Energy Products, Inc., Rinnai Corporation, and Rheem Manufacturing Company.
Recent strategies deployed in Tankless Water Heater Market
Product Launches and Product Expansions:
Apr-2022: A.O Smith launched X3 Scale Prevention Technology. a new addition to its residential condensing gas tankless water heaters range. The new solution aimed to prevent scale buildup in a tankless unit to eliminate the demand for routine descaling maintenance. In addition, it would significantly boost the lifetime of a unit and enable it to operate with more efficiency.
Jan-2022: Bradford launched KwickShot, an electric tankless water heater. The new heaters are available in thermostatic and non-thermostatic models and aimed to fulfill the demand for a range of water temperatures across a variety of daily applications.
Oct-2021: Bradford unveiled the RE255T, an addition to its residential electric water heater range. The new residential electric water heater aimed to offer a best-in-class water heating experience to its residential customers. Moreover, the new RE255T comprises a capacity of 55-gallon.
Mar-2021: Navien rolled out the Navien NPE-2 series. The new product series is a new breakthrough in the condensing tankless water heaters across North America and is available in four Standard models up to 199,900 BTU/H as well as three Advanced models up to 199,900 BTU/H.
Feb-2021: Navien launched the NFC-H range in collaboration with wall-hung boilers across North America. The new product range leverages durable dual stainless steel heat exchangers to heat along with a separate flat plate stainless steel heat exchanger for DHW.
Sep-2020: Bradford introduced BMS and modulation technology in its existing eF120 product line. With this product expansion, the company aimed to enable customers to incorporate a water heater and an automated system that monitors and controls communications, electrical, security, as well as other systems.
May-2020: Rheem rolled out ProTerra, the most efficient hybrid electric water heater in the industry. Through this launch, the company aimed to offer an NEEA Tier 4-certified water heater, which is equipped with a CTA 2045 adaptor along with full Demand Response capability out of the box.
Acquisitions and Mergers:
Oct-2021: A.O Smith acquired Giant Factories, a residential and commercial water heaters manufacturer. This acquisition aimed to strengthen A.O Smith's position as a global supplier of commercial and residential water heaters. Moreover, this acquisition would also complement the company's strategy to penetrate the North American market.
Sep-2021: Rinnai acquired Industrias MASS, a leader in the Mexican commercial water heater market. Through this acquisition, the company aimed to leverage the capacities of Industrias MASS as well as its complementary set of products.
Jul-2021: A.O Smith completed its acquisition of Master Water Conditioning, a Pennsylvania-based water treatment company. This acquisition aimed to complement the company's vision to offer innovative and distinct solutions that treat and heat water to fulfill the increasing consumer demands in North America.
Jan-2021: Bradford completed its acquisition of Keltech, a subsidiary of Bradley Corporation. This acquisition aimed to expand the commercial and industrial electric products portfolio of Bradford in order to meet the demands of a wider customer base.
Geographical Expansions:
May-2022: Rinnai expanded its geographical footprint in North America with the launch of its production unit in Georgia. Following this geographical expansion, the company aimed to expand the manufacturing and distribution of its latest tankless water heater.
Nov-2021: A.O Smith launched the Zip Digital Tankless Water Heater in Mumbai. The new product is developed to meet consumer demands with a blend of advanced technology with high-end aesthetics and HAS. Moreover, the new water heater would also offer the best-in-class and highly-efficient user experience.
Mar-2020: Navien, Inc., the leader in condensing technology, will establish its first U.S. manufacturing and assembly operation in James City County, VA. The 300,000-square-foot facility will be used as a distribution center for the first two years and begin the transition process & preparation into manufacturing operation in 2022 with the first stage of manufacturing expected to begin in 2023.
Market Segments covered in the Report:
By Type
By Energy Source
By Energy Factor
By End User
By Geography
Companies Profiled
Unique Offerings from KBV Research
List of Figures