Storage Water Heater Market Size, Statistics, Trend Analysis and Forecast Report, 2020 - 2027

By Application (Commercial [College/University, Office, Government/Military], Residential), By Energy Source (Gas {Natural gas, LPG}, Electric), By Capacity (< 30 Liters, 30-100 Liters, 100-250 Liters, 250-400 Liters, > 400 Liters), Industry Outlook Report, Regional Analysis (U.S., Canada, Mexico, U.K., Germany, France, Italy, Portugal, Russia, The Netherlands, India, Japan, China, South Korea, Thailand, Malaysia, Brazil, Argentina, South Africa, U.A.E., Iran, Kenya)

  • Report ID : MD1469
  • |
  • Pages : 240
  • |
  • Tables : 85
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  • Formats :

Storage Water Heater Market size was estimated at $9,994 Million in 2019 and is expected to reach $14,251.2 Million by 2027, growing at a CAGR of 5.2% during the forecast period of 2020 to 2027.

storage water heater market
A Storage Water Heater comprises of a system that heats water under suitable safety controls and then transfers the same to well-insulated tanks till the demand for hot water arises from a space heating perspective. The key drivers are the gradual replacement of conventional heating systems and rising emission standards. However, the relatively high installation cost is a challenge that needs to be streamlined.

Analysis by Application
According to the application, the segments are Commercial and Residential. The former is further categorized into Colleges/Universities, Offices, and Government/Military. The Storage Water Heater market report suggests an upcoming demand-pull from the Commercial segment, particularly in Institutions of Education viz. Schools, Colleges, and Public Universities. The Storage Water Heater market research has also identified a few vital infrastructure remodeling projects in the Government & Military segment over the forecasted period.

Analysis by Energy Source
Gas and Electric are the two major segments by Energy Sources. The former is further studied under the purview of Natural Gas and LPG. The Storage Water Heater market share stands skewed in favor of Gas-based heaters in certain geographies owing to its widespread availability at very economic unit prices. Within these systems, Natural Gas is the most commonly used fuel. However, the Storage Water Heater market size of Electric-based heaters is substantial in economies that don’t have an elaborate piped-gas network.

Analysis by Capacity
According to the Capacity, the five broad segments are < 30 Liters, 30-100 Liters, 100-250 Liters, 250-400 Liters, and > 400 Liters. The Storage Water Heater market estimation for the 30-100 liter segment is very optimistic owing to favorable government policies regarding building emission standards. This size fits the usually encountered government office area very well. The 250-400 liter segment is expected to perform very well on the back of certain largescale commercial infrastructural developments in the upcoming period.

Analysis by Region
The Storage Water Heater market forecast for U.S. and Canada looks very optimistic on the backdrop of healthy consumer disposable incomes and the strong piped-gas network prevalent in this region. The business buyers have responded positively towards the up-gradation of heating infrastructure to affect better operational costs. This will result in a beneficial landscape for the Storage Water Heater price trend in these countries. The U.S. Storage Water Heater is already valued at nearly USD 1.3 billion and is expected to grow at a steady pace in the forecasted period.

Analysis by Acclaimed Organizations
The leading Storage Water Heater companies are Viessmann Group, Rinnai Corporation, Vaillant Group, A.O Smith, Ariston Thermo, Bradford White, Jaquar, Bosch Thermotechnology, Whirlpool, State Industries, Haier Electronics, and Rheem Manufacturing.

Some of the top priorities exhibited by companies in this industry are Research & Development on product design and strategic acquisitions of foreign assets to affect international growth. Market sensing is a key aspect of success in this industry. Moreover, regional companies can diversify in the service facet of the value chain while larger companies work on the more intricate engineering required to design and manufacture the physical hardware. This can play out well for all stakeholders involved, including the end-user.

COVERAGE HIGHLIGHTS
•    Market Revenue Estimation and Forecast (2019 – 2026)
•    Market Production Estimation and Forecast (2019 – 2026)
•    Market Sales/Consumption Volume Estimation and Forecast (2019 – 2026)
•    Breakdown of Revenue by Segments (2019 – 2026)
•    Breakdown of Production by Segments (2019 – 2026)
•    Breakdown of Sales Volume by Segments (2019 – 2026)
•    Gross Margin and Profitability Analysis of Companies
•    Business Trend and Expansion Analysis
•    Import and Export Analysis
•    Regional Analysis and Market Data Breakdown

MARKET SEGMENTATION

By Application Outlook ($Revenue and Unit Sales, 2019-2026)
•    Commercial
o    College/University
o    Office
o    Government/Military
•    Residential

By Energy Source Outlook ($Revenue and Unit Sales, 2019-2026)
•    Gas
o    Natural gas
o    LPG
•    Electric

By Capacity Outlook ($Revenue and Unit Sales, 2019-2026)
•    < 30 Liters
•    30-100 Liters
•    100-250 Liters
•    250-400 Liters
•    > 400 Liters

By Regional Outlook ($Revenue and Unit Sales, 2019-2026)
•    North America
o    U.S.
o    Canada
o    Mexico
•    Europe
o    U.K.
o    Germany
o    France
o    Italy
o    Portugal
o    Russia
o    The Netherlands
•    Asia-Pacific
o    India
o    Japan
o    China
o    South Korea
o    Thailand
o    Malaysia
•    Latin America
o    Brazil
o    Argentina
•    Middle East & Africa
o    South Africa
o    U.A.E.
o    Iran
o    Kenya

Acclaimed Organizations
•    Viessmann Group
•    Rinnai Corporation
•    Vaillant Group
•    A.O Smith
•    Ariston Thermo
•    Bradford White
•    Jaquar
•    Bosch Thermotechnology
•    Whirlpool
•    State Industries
•    Linuo Ritter
•    Ferroli
•    Hubbell
•    Saudi Ceramics
•    Haier Electronics
•    Rheem Manufacturing

 

CHAPTER 1:    INTRODUCTION
 

1.1.    RESEARCH METHODOLOGY
1.1.1.    Desk Research 
1.1.2.    Data Synthesis 
1.1.3.    Data Validation & Market Feedback 
1.1.4.    Data Sources 

 

CHAPTER 2:    EXECUTIVE SUMMARY
2.1.    GLOBAL MARKET OUTLOOK
2.2.    CORE INSIGHTS –DELIVERY MODEL
2.3.    CORE INSIGHTS – STORAGE WATER HEATER
2.4.    CORE INSIGHTS – SERVICE PROVIDER
2.5.    CORE INSIGHTS – GEOGRAPHY 

 

CHAPTER 3:   MARKET OVERVIEW
 

3.1.     MARKET DEFINITION AND SCOPE
 

3.2.    KEY FORCES SHAPING THE INDUSTRY
3.2.1.    Bargaining Power of Suppliers
3.2.2.    Bargaining Power of Buyers
3.2.3.    Threat of Substitutes
3.2.4.    Threat of New Entrants

 

3.3.    MARKET DYNAMICS
3.3.1.    Drivers
             3.3.1.1.    Supply-side Drivers
             3.3.1.2.    Demand-side Drivers
3.3.2.    Restraints
3.3.3.    Opportunities

 

3.4.    INDUSTRY - ANALYSIS
3.4.1.    Political Market
3.4.2.    Environmental Market
3.4.3.    Social Market
3.4.4.    Technology Market

 

CHAPTER 4:    MARKET BACKGROUND
 

4.1.    Industry Value Chain Analysis
4.1.1.    Upstream Participants 
4.1.2.    Downstream participants

 

4.2.    Pricing Analysis and Forecast, 2019-2026
4.2.1.    By Type
4.2.2.    By Region

 

CHAPTER 5:    STORAGE WATER HEATER MARKET, BY APPLICATION OUTLOOK
 

5.1.    Overview
5.1.1.    Market Revenue (US$ Million) and Forecast, 2019-2026

 

5.2.    Commercial
5.2.1.    Key Market Trends, Growth Factors and Opportunities
5.2.2.    Market Revenue (US$ Million) and Forecast, By Region

 

5.3.    College/University
5.3.1.    Key Market Trends, Growth Factors and Opportunities
5.3.2.    Market Revenue (US$ Million) and Forecast, By Region

 

5.4.     Office
5.4.1.    Key Market Trends, Growth Factors and Opportunities
5.4.2.    Market Revenue (US$ Million) and Forecast, By Region

 

5.5.      Government/Military
5.5.1.    Key Market Trends, Growth Factors and Opportunities
5.5.2.    Market Revenue (US$ Million) and Forecast, By Region

 

5.6.    Residential
5.6.1.    Key Market Trends, Growth Factors and Opportunities
5.6.2.    Market Revenue (US$ Million) and Forecast, By Region

 

CHAPTER 6:    STORAGE WATER HEATER MARKET BY ENERGY SOURCE OUTLOOK
 

6.1.    Overview
6.1.1.    Market Revenue (US$ Million) and Forecast, 2019-2026

 

6.2.    Gas
6.2.1.    Key Market Trends, Growth Factors and Opportunities
6.2.2.    Market Revenue (US$ Million) and Forecast, By Region

 

6.3.    Natural gas
6.3.1.    Key Market Trends, Growth Factors and Opportunities
6.3.2.    Market Revenue (US$ Million) and Forecast, By Region

 

6.4.    LPG
6.4.1.    Key Market Trends, Growth Factors and Opportunities
6.4.2.    Market Revenue (US$ Million) and Forecast, By Region

 

6.5.    Electric
6.5.1.    Key Market Trends, Growth Factors and Opportunities
6.5.2.    Market Revenue (US$ Million) and Forecast, By Region

 

CHAPTER 7:    STORAGE WATER HEATER MARKET BY CAPACITY OUTLOOK
 

7.1.    Overview
7.1.1.    Market Revenue (US$ Million) and Forecast, 2019-2026

 

7.2.    < 30 Liters
7.2.1.    Key Market Trends, Growth Factors and Opportunities
7.2.2.    Market Revenue (US$ Million) and Forecast, By Region

 

7.3.    30-100 Liters
7.3.1.    Key Market Trends, Growth Factors and Opportunities

 

7.4.    100-250 Liters
7.4.1.    Key Market Trends, Growth Factors and Opportunities
7.4.2.    Market Revenue (US$ Million) and Forecast, By Region

 

7.5.    250-400 Liters
7.5.1.    Key Market Trends, Growth Factors and Opportunities
7.5.2.    Market Revenue (US$ Million) and Forecast, By Region

 

7.6.    > 400 Liters
7.6.1.    Key Market Trends, Growth Factors and Opportunities
7.6.2.    Market Revenue (US$ Million) and Forecast, By Region

CHAPTER 8:    STORAGE WATER HEATER MARKET, BY GEOGRAPHY
 

8.1.    Overview
 

8.2.    North America 
8.2.1.    Key Market Trends, Growth Factors and Opportunities
8.2.2.    Market Revenue and Forecast, By Delivery Model
8.2.3.    Market Revenue and Forecast, By Agriculture Type
8.2.4.    Market Revenue and Forecast, By Service Provider
8.2.5.    Market Revenue and Forecast, By Country
8.2.6.    U.S.
            8.2.6.1.    Market Revenue and Forecast
8.2.7.    Canada
             8.2.7.1.    Market Revenue and Forecast
8.2.8.    Mexico
            8.2.8.1.    Market Revenue and Forecast

 

8.3.    Europe
8.3.1.    Market Revenue and Forecast, By Delivery Model
8.3.2.    Market Revenue and Forecast, By Agriculture Type
8.3.3.    Market Revenue and Forecast, By Service Provider
8.3.4.    Market Revenue and Forecast, By Country
8.3.5.    Germany
             8.3.5.1.    Market Revenue and Forecast
8.3.6.    UK
             8.3.6.1.    Market Revenue and Forecast
8.3.7.    France
            8.3.7.1.    Market Revenue and Forecast
8.3.8.    Italy
             8.3.8.1.    Market Revenue and Forecast
8.3.9.    Spain
             8.3.9.1.    Market Revenue and Forecast
8.3.10.    Poland
              8.3.10.1.    Market Revenue and Forecast
8.3.11.    Austrai
              8.3.11.1.    Market Revenue and Forecast
8.3.12.    Luxembourg
              8.3.12.1.    Market Revenue and Forecast
8.3.13.    Rest of Europe
              8.3.13.1.    Market Revenue and Forecast

8.4.    Asia-Pacific
8.4.1.    Market Revenue and Forecast, By Delivery Model
8.4.2.    Market Revenue and Forecast, By Agriculture Type
8.4.3.    Market Revenue and Forecast, By Service Provider
8.4.4.    Market Revenue and Forecast, By Country
8.4.5.    China
            8.4.5.1.    Market Revenue and Forecast
8.4.6.    India
            8.4.6.1.    Market Revenue and Forecast
8.4.7.    Japan 
            8.4.7.1.    Market Revenue and Forecast
8.4.8.    South Korea 
              8.4.8.1.    Market Revenue and Forecast
8.4.9.    Rest of APAC
             8.4.9.1.    Market Revenue and Forecast

 

8.5.    REST OF THE WORLD
8.5.1.    Market Revenue and Forecast, By Delivery Model
8.5.2.    Market Revenue and Forecast, By Agriculture Type
8.5.3.    Market Revenue and Forecast, By Service Provider
8.5.4.    Market Revenue and Forecast, By Country
8.5.5.    Latin America 
             8.5.5.1.    Market Revenue and Forecast
8.5.6.    Middle East  
            8.5.6.1.    Market Revenue and Forecast
8.5.7.    Africa 
             8.5.7.1.    Market Revenue and Forecast

 

CHAPTER 9:  COMPANY PROFILES
 

9.1.    Airbus S.A.S
9.1.1.    Company Overview 
9.1.2.    Financial Performance
9.1.3.    SWOT Analysis

 

9.2.    Aviation Industry Corporation of China Ltd. (AVIC)
9.2.1.    Company Overview 
9.2.2.    Financial Performance
9.2.3.    SWOT Analysis

 

9.3.    Astronics Corporation
9.3.1.    Company Overview 
9.3.2.    Financial Performance
9.3.3.    SWOT Analysis

 

9.4.    Boeing
9.4.1.    Company Overview 
9.4.2.    Financial Performance
9.4.3.    SWOT Analysis

 

9.5.    Ball Corporation
9.5.1.    Company Overview 
9.5.2.    Financial Performance
9.5.3.    SWOT Analysis

 

9.6.    BAE Systems
9.6.1.    Company Overview 
9.6.2.    Financial Performance
9.6.3.    SWOT Analysis

 

9.7.    Cobham plc
9.7.1.    Company Overview 
9.7.2.    Financial Performance
9.7.3.    SWOT Analysis

 

9.8.    Curtiss Wright
9.8.1.    Company Overview 
9.8.2.    Financial Performance
9.8.3.    SWOT Analysis

 

9.9.    Elbit System
9.9.1.    Company Overview 
9.9.2.    Financial Performance
9.9.3.    SWOT Analysis

 

9.10.    Gramin Ltd
9.10.1.    Company Overview 
9.10.2.    Financial Performance
9.10.3.    SWOT Analysis

 

9.11.    GE Aviation
9.11.1.    Company Overview 
9.11.2.    Financial Performance
9.11.3.    SWOT Analysis

 

9.12.    Harris Corporation
9.12.1.    Company Overview 
9.12.2.    Financial Performance
9.12.3.    SWOT Analysis

 

9.13.    Honeywell International Inc.
9.13.1.    Company Overview 
9.13.2.    Financial Performance
9.13.3.    SWOT Analysis

 

9.14.    Lockheed Martin Corporation
9.14.1.    Company Overview 
9.14.2.    Financial Performance
9.14.3.    SWOT Analysis

 

9.15.    L3 Harris Corporation
9.15.1.    Company Overview 
9.15.2.    Financial Performance
9.15.3.    SWOT Analysis

 

9.16.    Meggitt PLC
9.16.1.    Company Overview 
9.16.2.    Financial Performance
9.16.3.    SWOT Analysis

 

9.17.    Northrop Grumman Corporation
9.17.1.    Company Overview 
9.17.2.    Financial Performance
9.17.3.    SWOT Analysis

 

9.18.    Nucon Aerospace
9.18.1.    Company Overview 
9.18.2.    Financial Performance
9.18.3.    SWOT Analysis

 

9.19.    Panasonic Corporation
9.19.1.    Company Overview 
9.19.2.    Financial Performance
9.19.3.    SWOT Analysis

 

9.20.    Rolls Royce
9.20.1.    Company Overview 
9.20.2.    Financial Performance
9.20.3.    SWOT Analysis

 

9.21.    Raytheon Company
9.21.1.    Company Overview 
9.21.2.    Financial Performance
9.21.3.    SWOT Analysis

 

9.22.    Saab AB
9.22.1.    Company Overview 
9.22.2.    Financial Performance
9.22.3.    SWOT Analysis

 

9.23.    Safran
9.23.1.    Company Overview 
9.23.2.    Financial Performance
9.23.3.    SWOT Analysis

 

9.24.    Thales Group
9.24.1.    Company Overview 
9.24.2.    Financial Performance
9.24.3.    SWOT Analysis

 

9.25.    Teledyne Technologies Inc.
9.25.1.    Company Overview 
9.25.2.    Financial Performance
9.25.3.    SWOT Analysis

 

9.26.    Transdigm Group Inc.
9.26.1.    Company Overview 
9.26.2.    Financial Performance
9.26.3.    SWOT Analysis

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