热水器市场规模、份额和成长分析（按类型、技术、产品类型、容量、应用类型和地区）- 2025-2032 年产业预测

2023 年热水器市场规模价值 293 亿美元，预计将从 2024 年的 305.9 亿美元成长到 2032 年的 431.7 亿美元，预测期内（2025-2032 年）的复合年增长率为 4.4%。

由于住宅、商业和机构环境对热水的需求不断增加，热水器市场正在经历强劲成长。推动这一趋势的主要因素包括人口成长和都市化，现代生活推动热水器的普及，尤其是在发展中地区。然而，传统热水器能耗高等问题引发了环境担忧。成长机会包括无水箱和即热式热水器的日益普及，因为它们节能且提供按需服务。此外，人们节能意识的不断增强以及向太阳能和热泵热水器等可再生能源的转变表明了巨大的市场潜力。总体而言，未来几年美国热水器市场可望实现永续成长。

目录

介绍

• 调查目的
• 研究范围
• 定义

调查方法

• 资讯采购
• 次要和主要资料方法
• 市场规模预测
• 市场假设与限制

执行摘要

• 全球市场展望
• 供需趋势分析
• 细分机会分析

市场动态及展望

• 市场概况
• 市场规模
• 市场动态
  • 驱动因素和机会
  • 限制与挑战
• 波特的分析

主要市场考察

• 关键成功因素
• 竞争程度
• 主要投资机会
• 市场生态系统
• 市场吸引力指数（2024 年）
• PESTEL 分析
• 总体经济指标
• 价值链分析
• 定价分析
• 监管格局
• 案例研究
• 技术进步
• 贸易分析
• 客户和购买标准分析

热水器市场规模（按类型和复合年增长率） (2025-2032)

• 市场概况
• 无水箱
• 储存槽
• 杂交种

热水器市场规模（依技术及复合年增长率） (2025-2032)

• 市场概况
• 电
• 太阳热
• 气体

热水器市场规模（按产品类型和复合年增长率） (2025-2032)

• 市场概况
• 立即的
• 贮存

热水器市场规模（按容量和复合年增长率） (2025-2032)

• 市场概况
• 少于30公升
• 31-100公升
• 101-250升
• 251-400升
• 超过 401 公升

热水器市场规模（按应用类型和复合年增长率） (2025-2032)

• 市场概况
• 住宅
• 商业的

热水器市场规模（按地区划分）及复合年增长率（2025-2032）

• 北美洲
  • 美国
  • 加拿大
• 欧洲
  • 德国
  • 西班牙
  • 法国
  • 英国
  • 义大利
  • 其他欧洲国家地区
• 亚太地区
  • 中国
  • 印度
  • 日本
  • 韩国
  • 其他亚太地区
• 拉丁美洲
  • 巴西
  • 其他拉丁美洲国家
• 中东和非洲
  • 海湾合作委员会国家
  • 南非
  • 其他中东和非洲地区

竞争资讯

• 前 5 家公司对比
• 主要企业市场定位（2024年）
• 主要市场参与者所采用的策略
• 近期市场趋势
• 公司市场占有率分析（2024 年）
• 主要企业简介
  • 公司详细信息
  • 产品系列分析
  • 公司分部份额分析
  • 收益与前一年同期比较对比（2022-2024 年）

主要企业简介

• O. Smith（United States）
• Bradford White（United States）
• Ariston Thermo（Italy）
• Rheem Manufacturing Company（United States）
• Rinnai Corporation（Japan）
• Noritz Corporation（Japan）
• Bosch Thermotechnology（Germany）
• Stiebel Eltron（Germany）
• Vaillant Group（Germany）
• Ferroli（Italy）
• Haier Group（China）
• Midea Group（China）
• Groupe Atlantic（France）
• Kyungdong Navien（South Korea）
• Himin Solar Co., Ltd.（China）
• Hubbell Water Heaters（United States）
• State Water Heaters（United States）
• Takagi（Japan）

结论和建议

Water Heater Market size was valued at USD 29.3 billion in 2023 and is poised to grow from USD 30.59 billion in 2024 to USD 43.17 billion by 2032, growing at a CAGR of 4.4% during the forecast period (2025-2032).

The water heater market is experiencing robust growth driven by rising demands for hot water in residential, commercial, and institutional settings. Key factors fueling this trend include population growth and urbanization, particularly in developing regions where modern living drives water heater adoption. However, challenges such as high energy usage associated with traditional water heaters raise environmental concerns. Opportunities for growth include the increasing popularity of tankless and instant water heaters, which offer energy efficiency and on-demand service. Furthermore, heightened awareness of energy conservation and the transition to renewable energy sources, including solar and heat pump water heaters, present significant market potential. Overall, the US water heater market is well-positioned for sustainable growth in the coming years.

Top-down and bottom-up approaches were used to estimate and validate the size of the Water Heater market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Water Heater Market Segments Analysis

Global Water Heater Market is segmented by Type, Technology, Product Type, Capacity, Application Type and region. Based on Type, the market is segmented into Tankless, Storage Tank and Hybrid. Based on Technology, the market is segmented into Electric, Solar and Gas. Based on Product Type, the market is segmented into Instant and Storage. Based on Capacity, the market is segmented into Below 30 Liters, 31 - 100 Liters, 101 - 250 Liters, 251 - 400 Liters and Above 401 Liters. Based on Application Type, the market is segmented into Residential and Commercial. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Driver of the Water Heater Market

The water heater market is being significantly influenced by factors such as rapid urbanization and the surge in residential construction, particularly in developing areas. As more individuals migrate to urban centers, there is a notable increase in demand for essential home appliances, including water heaters. Additionally, the rising middle-class population, along with enhanced living standards, is leading to greater consumer expenditure on home necessities. This trend highlights the growing importance of water heaters as essential household items, driving robust demand and expansion within the market as more consumers seek comfort and convenience in their living spaces.

Restraints in the Water Heater Market

The water heater market faces a significant restraint due to the higher initial investment required for purchasing and installing certain models, particularly solar-powered and heat pump systems, as opposed to conventional storage tank water heaters. This increased cost can discourage budget-conscious consumers from opting for more energy-efficient and eco-friendly solutions. As a result, many potential buyers may prioritize affordability over sustainability, hindering the adoption of advanced technologies that could contribute to environmental preservation and energy savings in the long run. Consequently, this financial barrier presents a challenge for the market's growth and the transition to greener alternatives.

Market Trends of the Water Heater Market

The water heater market is witnessing a notable trend towards hybrid water heaters, which integrate multiple technologies such as heat pumps, electric heating elements, and gas burners. This innovation responds to the growing consumer demand for energy-efficient solutions that not only reduce utility costs but also provide a reliable and consistent hot water supply. As awareness of sustainability and energy savings grows, hybrid systems are becoming increasingly attractive to environmentally conscious consumers. Manufacturers are prioritizing the development of these versatile units, thereby aligning with the broader market shift towards eco-friendly home appliances, positioning themselves strategically to capture a share of this burgeoning segment.

Table of Contents

Introduction

• Objectives of the Study
• Scope of the Report
• Definitions

Research Methodology

• Information Procurement
• Secondary & Primary Data Methods
• Market Size Estimation
• Market Assumptions & Limitations

Executive Summary

• Global Market Outlook
• Supply & Demand Trend Analysis
• Segmental Opportunity Analysis

Market Dynamics & Outlook

• Market Overview
• Market Size
• Market Dynamics
  • Drivers & Opportunities
  • Restraints & Challenges
• Porters Analysis
  • Competitive rivalry
  • Threat of substitute
  • Bargaining power of buyers
  • Threat of new entrants
  • Bargaining power of suppliers

Key Market Insights

• Key Success Factors
• Degree of Competition
• Top Investment Pockets
• Market Ecosystem
• Market Attractiveness Index, 2024
• PESTEL Analysis
• Macro-Economic Indicators
• Value Chain Analysis
• Pricing Analysis
• Regulatory Landscape
• Case Studies
• Technological Advancement
• Trade Analysis
• Customer & Buying Criteria Analysis

Global Water Heater Market Size by Type & CAGR (2025-2032)

• Market Overview
• Tankless
• Storage Tank
• Hybrid

Global Water Heater Market Size by Technology & CAGR (2025-2032)

• Market Overview
• Electric
• Solar
• Gas

Global Water Heater Market Size by Product Type & CAGR (2025-2032)

• Market Overview
• Instant
• Storage

Global Water Heater Market Size by Capacity & CAGR (2025-2032)

• Market Overview
• Below 30 Liters
• 31 - 100 Liters
• 101 - 250 Liters
• 251 - 400 Liters
• Above 401 Liters

Global Water Heater Market Size by Application Type & CAGR (2025-2032)

• Market Overview
• Residential
• Commercial

Global Water Heater Market Size & CAGR (2025-2032)

• North America (Type, Technology, Product Type, Capacity, Application Type)
  • US
  • Canada
• Europe (Type, Technology, Product Type, Capacity, Application Type)
  • Germany
  • Spain
  • France
  • UK
  • Italy
  • Rest of Europe
• Asia Pacific (Type, Technology, Product Type, Capacity, Application Type)
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Latin America (Type, Technology, Product Type, Capacity, Application Type)
  • Brazil
  • Rest of Latin America
• Middle East & Africa (Type, Technology, Product Type, Capacity, Application Type)
  • GCC Countries
  • South Africa
  • Rest of Middle East & Africa

Competitive Intelligence

• Top 5 Player Comparison
• Market Positioning of Key Players, 2024
• Strategies Adopted by Key Market Players
• Recent Developments in the Market
• Company Market Share Analysis, 2024
• Company Profiles of All Key Players
  • Company Details
  • Product Portfolio Analysis
  • Company's Segmental Share Analysis
  • Revenue Y-O-Y Comparison (2022-2024)

Key Company Profiles

• O. Smith (United States)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Bradford White (United States)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Ariston Thermo (Italy)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Rheem Manufacturing Company (United States)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Rinnai Corporation (Japan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Noritz Corporation (Japan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Bosch Thermotechnology (Germany)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Stiebel Eltron (Germany)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Vaillant Group (Germany)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Ferroli (Italy)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Haier Group (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Midea Group (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Groupe Atlantic (France)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Kyungdong Navien (South Korea)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Himin Solar Co., Ltd. (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Hubbell Water Heaters (United States)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• State Water Heaters (United States)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Takagi (Japan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments

Conclusion & Recommendations