Water Heaters Market Size, Share, Growth, Trends, Development, Revenue And Forecast To 2030

The global water heaters market size is expected to grow from $29.47 billion in 2021 to $34.34 billion in 2022 at a compound annual growth rate (CAGR) of 16.5%.The growth in the market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The water heater market is expected to reach $53.58 billion in 2026 at a CAGR of 11.8%.

The Business Research Company offers the Water Heaters Global Market Report 2022 in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market's historic and forecast growth, and highlights important trends and strategies that players in the market can adopt.

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The water heaters market consists of sales of water heaters. A water heater is a device used for heating water above its ambient temperature, used generally for domestic purposes.

Some key water heaters market players are Siemens AG, Bajaj Electricals Ltd, Bradford White, Rinnai, HTP, Bradford White.

The countries covered in the global water heaters market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.

The regions covered in the global water heaters market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Water Heaters Market Segmentation:
By Product Type
1. Solar Heaters
2. Electric Heaters
3. Gas and Propane Heaters
4. Geothermal Heaters

By End-User
1. Residential
2. Commercial
3. Industrial

By Distribution Channel
1. Supermarket/Hypermarket
2. Specialty Stores
3. E-Commerce

See more on the report at https://www.thebusinessresearchcompany.com/report/water-heaters-global-market-report

The Report's Table Of Contents Includes
1. Executive Summary
2. Water Heaters Market Characteristics
3. Water Heaters Market Trends And Strategies
4. Impact Of COVID-19 On Water Heaters
5. Water Heaters Market Size And Growth
……
28. Key Mergers And Acquisitions In The Water Heaters Market
29. Water Heaters Market Future Outlook and Potential Analysis
30. Appendix

This report covers the trends and market dynamics of the water heaters market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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