Residential Gas Storage Water Heater Market - Top Companies and Manufacturers

  • Report ID: 6788
  • Published Date: Dec 05, 2024
  • Report Format: PDF, PPT

Companies Dominating the Residential Gas Storage Water Heater Landscape

    To cater to the changing needs of consumers, major players in the residential gas storage water heater market are always working to create new products and technologies. Leading companies in the market are making significant R&D investments to improve the effectiveness, robustness, and safety of their goods. The growing need for eco-friendly and energy-efficient appliances is propelling the growth of the residential gas storage water heater market. By employing cutting-edge technologies like electronic ignition systems and condensing heat exchangers, manufacturers are concentrating on lowering the carbon footprint of their goods.

    Here are some leading players in the residential gas storage water heater market:

    • GE Appliances
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis 
    • Paloma Co., Ltd
    • Bradford White
    • State Water Heaters
    • Navien
    • O. Smith
    • American Water Heater
    • Stiebel Eltron
    • Bosch
    • Ariston Thermo Group

Browse Key Market Insights with Data Illustration:

In the News

  • In January 2022, GE Appliances introduced RealMAX, its first full line of atmospheric gas water heaters, which includes electric, tankless, atmospheric gas, and point-of-use water heaters in various capacities. These cutting-edge devices are long-lasting, suitable for both light commercial and domestic applications, include an LED indicator, offer a variety of capacity ranges, and are simple to install. The introduction of the cutting-edge items enhanced the company's offerings and presence in the market.

Author Credits:  Richa Gupta


  • Report ID: 6788
  • Published Date: Dec 05, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The residential gas storage water heater market size was USD 14.8 billion in 2024.

The global residential gas storage water heater market size was US 14.8 billion in 2024 and is likely to reach USD 20 billion by the end of 2037, expanding at a CAGR of 2.4% over the forecast period, i.e., 2025-2037.

Paloma Co., Ltd, Bradford White, State Water Heaters, Navien, O. Smith, American Water Heater, Stiebel Eltron, Bosch, Ariston Thermo Group are some key players in the market.

The natural gas segment is expected to hold a leading share during the forecast period.

North America is projected to offer lucrative prospects with a share of 71% during the forecast period.
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