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Download Free sampleNatural gas is the primary fuel-source for water heaters because it is generally more cost-efficient than electricity. In fact, some utility companies offer rebates for switching from an electric-, to a gas-powered water heater. A gas burner continually heats the water in a storage tank from the bottom of the unit.
Natural Gas Water Heater Market contains market size and forecasts of Natural Gas Water Heater in global, including the following market information:
Global Natural Gas Water Heater Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Natural Gas Water Heater Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Natural Gas Water Heater companies in 2021 (%)
The global Natural Gas Water Heater market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Below 10L Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Natural Gas Water Heater include A.O.Smith, Haier, Rinnai, Midea, BOSCH, ARISTON, Vanward, Sakura and Guangdong Macro Co., Ltd, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Natural Gas Water Heater manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Natural Gas Water Heater Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Natural Gas Water Heater Market Segment Percentages, by Type, 2021 (%)
Below 10L
10-15L
15-20L
Above 20L
Global Natural Gas Water Heater Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Natural Gas Water Heater Market Segment Percentages, by Application, 2021 (%)
Commercial
Household
Global Natural Gas Water Heater Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Natural Gas Water Heater Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Natural Gas Water Heater revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Natural Gas Water Heater revenues share in global market, 2021 (%)
Key companies Natural Gas Water Heater sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Natural Gas Water Heater sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
A.O.Smith
Haier
Rinnai
Midea
BOSCH
ARISTON
Vanward
Sakura
Guangdong Macro Co., Ltd
Sacon
Rheem Manufacturing
Siemens
Bajaj Electricals
Bradford White
Crompton Greaves
ELDOMINVEST
Ferroli
Hubbell
Noritz
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