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Electric Tankless Water Heater Market - Top Companies and Manufacturers

  • Report ID: 107
  • Published Date: Sep 30, 2024
  • Report Format: PDF, PPT

Companies Dominating the Electric Tankless Water Heater Landscape

    • A. O. Smith Corporation
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Rinnai Corporation
    • Noritz America Corporation
    • Robert Bosch GmbH
    • Rheem Manufacturing Company
    • Whirlpool Corporation
    • Stiebel Eltron, Inc.
    • Navien, Inc.
    • Bajaj Electricals Ltd.
    • Haier Smart Home Co., LTD.
Browse Key Market Insights with Data Illustration:

In the News

  • Rinnai Corporation has introduced the new and improved SENSEI RSC Condensing Tankless Water Heater, featuring Rinnai's Smart-Circ Intelligent Recirculation Technology. In Smart-Circ, customers do not require external controllers to provide recirculation, so installation is easier.
  • Navien, Inc. has introduced the brand new NPE-2 series which is the biggest revise to condensing tankless water heaters. The NPE-2 is designed with a multitude of high-efficiency features, including a turndown ratio of up to 15:1, EZNav multi-line control integrated with intuitive software, and easy-to-use Setup Wizard.

Author Credits:  Abhishek Verma


  • Report ID: 107
  • Published Date: Sep 30, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Emerging economies, increasing awareness for energy efficiency, and infrastructural developments in low and middle income countries are some major factors driving the growth of the market.

The market is anticipated to attain a CAGR of ~9% over the forecast period, i.e., 2022 – 2031.

Temporary shutdown of manufacturing centers, lack of workforce, and disruptions in raw material supply are estimated to hamper the market growth.

The market in region Europe is projected to hold the largest market share by the end of 2031 and provide more business opportunities in the future.

The major players in the market are A. O. Smith Corporation, Rinnai Corporation, Noritz America Corporation, Robert Bosch GmbH, Rheem Manufacturing Company, Whirlpool Corporation, Stiebel Eltron, Inc., Navien, Inc., and others.
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