Gas Water Heater Market Trends 2021 | Segmentation, Outlook, Industry Report to 2027

The Gas Water Heater Market size is expected to grow at an annual average of 4% during 2021-2027. A water heater is a device that continuously supplies hot water for various purposes such as cooking, cleaning, and bathing. Fossil fuels are the most common method used to heat water. They in turn produce electricity that heats the water. Other electrical methods of heating water are nuclear or renewable energy. Alternative energy sources used to heat water are solar energy, heat pumps, hot water heat recycling and geothermal heating, often combined with fossil fuels or electricity. If some safety devices are not installed, the water heater can explode, causing serious damage such as thermal burns or bacterial contamination, injury or death.

The following segmentation are covered in this report:

By Fuel

• Natural Gas
• LPG

By Capacity

• <30 Liters
• 30-100 Liters
• 100-250 Liters
• 250-400 Liters
• >400 Liters

By Product

• Instant
• Storage

Company Profile

• Venus Home Appliances (P) Ltd.
• AO Smith Corporation.
• Rheem Manufacturing Co.
• Siemens AG.
• HTP Inc.
• Ariston Thermo SPA.
• Bajaj Electricals Ltd.
• Bradford White Corp.
• Haier Electronics Group Co., Ltd.
• Noritz Corp.
• Rinnai Corp.

Scope of the report

The research study analyses the Gas Water Heater Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent developments

• Market overview and growth analysis
• Import and export overview
• Volume analysis
• Current market trends and future outlook
• Market opportunistic and attractive investment segment

Geographic coverage

• North america market size and/or volume
• Latin america market size and/or volume
• Europe market size and/or volume
• Asia-pacific market size and/or volume
• Rest of the world market size and/or volume

Key Questions Answered by Gas Water Heater Market Report

• What was the Gas Water Heater Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027)
• What will be the CAGR of Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
• Which manufacturer/vendor/players in the Gas Water Heater Market was the market leader in 2020?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.