Table of Content
1 INTRODUCTION 38
1.1 STUDY OBJECTIVES 38
1.2 MARKET DEFINITION AND SCOPE 38
1.2.1 COMMERCIAL WATER HEATERS MARKET, BY TYPE:
INCLUSIONS & EXCLUSIONS 40
1.2.2 COMMERCIAL WATER HEATERS MARKET, BY LITER:
INCLUSIONS & EXCLUSIONS 40
1.2.3 COMMERCIAL WATER HEATERS MARKET, BY RATED CAPACITY:
INCLUSIONS & EXCLUSIONS 41
1.3 MARKET SCOPE 41
1.3.1 MARKET SEGMENTATION 41
1.3.2 GEOGRAPHIC SCOPE 42
1.4 YEARS CONSIDERED 42
1.5 CURRENCY 42
1.6 LIMITATIONS 43
1.7 STAKEHOLDERS 43
2 RESEARCH METHODOLOGY 44
2.1 RESEARCH DATA 44
2.1.1 SECONDARY DATA 44
2.1.1.1 Key data from secondary sources 45
2.1.2 PRIMARY DATA 45
2.1.2.1 Key data from primary sources 46
2.1.2.2 Break-up of primaries 47
2.2 DATA TRIANGULATION AND RESEARCH DESIGN 48
FIGURE 1 COMMERCIAL WATER HEATERS MARKET: DATA TRIANGULATION AND RESEARCH DESIGN 48
2.3 SCOPE 49
FIGURE 2 MAIN METRICS CONSIDERED WHILE ASSESSING GLOBAL DEMAND FOR COMMERCIAL WATER HEATERS 51
2.4 MARKET SIZE ESTIMATION 52
2.4.1 APPROACH 1-DEMAND-SIDE ANALYSIS BOTTOM-UP APPROACH 52
FIGURE 3 YEAR-ON-YEAR ADDITION OF DIFFERENT TYPES OF COMMERCIAL WATER HEATERS ACROSS COUNTRIES TO ACT AS KEY DETERMINING FACTOR FOR MARKET GROWTH 52
2.4.1.1 Key assumptions 52
2.4.1.2 Calculations 53
2.4.1.3 Forecast 53
2.4.2 APPROACH 2 - SUPPLY-SIDE ANALYSIS 54
FIGURE 4 REVENUES OF KEY MANUFACTURERS OF COMMERCIAL WATER
HEATERS ACROSS DIFFERENT REGIONS ACT AS DETERMINING FACTOR FOR MARKET GROWTH 54
2.4.2.1 Supply-side calculation 54
FIGURE 5 MARKET SIZE ESTIMATION FROM REVENUE ANALYSIS OF KEY PLAYERS IN COMMERCIAL WATER HEATERS MARKET 55
3 EXECUTIVE SUMMARY 56
TABLE 1 COMMERCIAL WATER HEATERS MARKET SNAPSHOT 56
FIGURE 6 ASIA PACIFIC LED COMMERCIAL WATER HEATERS MARKET IN 2019 57
FIGURE 7 ELECTRIC SEGMENT TO HOLD LARGEST SIZE OF COMMERCIAL WATER HEATERS MARKET FROM 2020 TO 2026 IN TERMS OF VALUE 58
FIGURE 8 BELOW 500 LITERS SEGMENT TO ACCOUNT FOR LARGEST SIZE OF COMMERCIAL WATER HEATERS MARKET FROM 2020 TO 2026 IN
TERMS OF VALUE 58
FIGURE 9 10–50KW SEGMENT TO ACCOUNT FOR LARGEST SIZE OF COMMERCIAL WATER HEATERS MARKET FROM 2020 TO 2026 IN TERMS OF VALUE 59
4 PREMIUM INSIGHTS 60
4.1 ATTRACTIVE OPPORTUNITIES IN COMMERCIAL WATER HEATERS MARKET 60
FIGURE 10 INCREASED DEMAND FOR HEATED WATER FROM COMMERCIAL
SECTOR TO FUEL GROWTH OF COMMERCIAL WATER HEATERS MARKET FROM 2020 TO 2026 60
4.2 COMMERCIAL WATER HEATERS MARKET, BY REGION 61
FIGURE 11 COMMERCIAL WATER HEATERS MARKET IN ASIA PACIFIC TO GROW AT HIGHEST CAGR IN TERMS OF VALUE FROM 2020 TO 2026 61
4.3 COMMERCIAL WATER HEATERS MARKET, BY TYPE 61
FIGURE 12 ELECTRIC SEGMENT ACCOUNTED FOR LARGEST SHARE OF COMMERCIAL WATER HEATERS MARKET IN 2019 61
4.4 COMMERCIAL WATER HEATERS MARKET, BY LITER 62
FIGURE 13 BELOW 500 LITERS SEGMENT ACCOUNTED FOR LARGEST SIZE OF COMMERCIAL WATER HEATERS MARKET IN 2019 IN TERMS OF VALUE 62
4.5 COMMERCIAL WATER HEATERS MARKET, BY RATED CAPACITY 62
FIGURE 14 10–50KW SEGMENT HELD LARGEST SHARE OF COMMERCIAL WATER HEATERS MARKET IN TERMS OF VALUE IN 2019 62
5 MARKET OVERVIEW 63
5.1 INTRODUCTION 63
5.2 MARKET DYNAMICS 63
FIGURE 15 COMMERCIAL WATER HEATERS MARKET DYNAMICS 63
5.2.1 DRIVERS 64
5.2.1.1 Flourishing global commercial sector 64
5.2.1.2 Increasing demand for energy-efficient water heaters 64
FIGURE 16 ENERGY EFFICIENCY OF DIFFERENT TYPES OF WATER HEATERS 65
5.2.1.3 Ongoing initiatives by governments to promote use of renewable energy-based water heaters 65
5.2.2 RESTRAINTS 66
5.2.2.1 High capital expenditure (CapEx) for development of commercial water heaters 66
5.2.3 OPPORTUNITIES 66
5.2.3.1 Integration of commercial water heaters with new-age technologies 66
5.2.3.2 Growth of global healthcare and hospitality sectors 67
5.2.4 CHALLENGES 67
5.2.4.1 Operational losses in commercial water heaters 67
5.2.5 IMPACT OF COVID-19 ON COMMERCIAL WATER HEATING INDUSTRY 67
6 COMMERCIAL WATER HEATERS MARKET, BY TYPE 68
6.1 INTRODUCTION 69
FIGURE 17 ELECTRIC SEGMENT HELD LARGEST SHARE OF COMMERCIAL WATER HEATERS MARKET IN TERMS OF VALUE IN 2019 69
TABLE 2 COMMERCIAL WATER HEATERS MARKET, BY TYPE, 2016–2026 (UNITS) 69
TABLE 3 COMMERCIAL WATER HEATERS MARKET, BY TYPE, 2016–2026
(USD MILLION) 70
6.2 ELECTRIC 70
6.2.1 HIGH OPERATIONAL EFFICIENCY AND LOW INSTALLATION COSTS TO DRIVE GLOBAL DEMAND FOR ELECTRIC COMMERCIAL WATER HEATERS 70
TABLE 4 ELECTRIC COMMERCIAL WATER HEATERS MARKET, BY REGION,
2016–2026 (UNITS) 71
TABLE 5 ELECTRIC COMMERCIAL WATER HEATERS MARKET, BY REGION, 2016–2026 (USD MILLION) 71
6.3 OIL 71
6.3.1 LOW COSTS AND EASY AVAILABILITY OF FUEL OILS TO LEAD TO INCREASED ADOPTION OF OIL-FIRED COMMERCIAL WATER HEATERS 71
TABLE 6 OIL-FIRED COMMERCIAL WATER HEATERS MARKET, BY REGION,
2016–2026 (UNITS) 72
TABLE 7 OIL-FIRED COMMERCIAL WATER HEATERS MARKET, BY REGION, 2016–2026 (USD MILLION) 72
6.4 GAS 72
6.4.1 EASY AVAILABILITY OF NATURAL GAS AND PROPANE FUELING ADOPTION OF GAS-FIRED COMMERCIAL WATER HEATERS 72
TABLE 8 GAS-FIRED COMMERCIAL WATER HEATERS MARKET, BY REGION,
2016–2026 (UNITS) 73
TABLE 9 GAS-FIRED COMMERCIAL WATER HEATERS MARKET, BY REGION,
2016–2026 (USD MILLION) 73
6.5 SOLAR 73
6.5.1 SUPPORTIVE GRANTS AND INCENTIVES TO DRIVE ADOPTION OF SOLAR COMMERCIAL WATER HEATERS WORLDWIDE 73
TABLE 10 SOLAR COMMERCIAL WATER HEATERS MARKET, BY REGION,
2016–2026 (UNITS) 74
TABLE 11 SOLAR COMMERCIAL WATER HEATERS MARKET, BY REGION, 2016–2026 (USD MILLION) 74
6.6 HYBRID 75
6.6.1 HYBRID COMMERCIAL WATER HEATERS OFFER FUEL FLEXIBILITY AND
HIGH OPERATIONAL EFFICIENCY 75
TABLE 12 HYBRID COMMERCIAL WATER HEATERS MARKET, BY REGION,
2016–2026 (UNITS) 75
TABLE 13 HYBRID COMMERCIAL WATER HEATERS MARKET, BY REGION, 2016–2026 (USD MILLION) 75
6.7 HEAT PUMP 76
6.7.1 HEAT PUMP COMMERCIAL WATER HEATERS OFFER ENERGY EFFICIENCY AND USE RENEWABLE ENERGY FOR THEIR OPERATIONS 76
TABLE 14 HEAT PUMP COMMERCIAL WATER HEATERS MARKET, BY REGION,
2016–2026 (UNITS) 76
TABLE 15 HEAT PUMP COMMERCIAL WATER HEATERS MARKET, BY REGION,
2016–2026 (USD MILLION) 76
6.8 OTHERS 77
TABLE 16 OTHER TYPES OF COMMERCIAL WATER HEATERS MARKET, BY REGION, 2016–2026 (UNITS) 77
TABLE 17 OTHER TYPES OF COMMERCIAL WATER HEATERS MARKET, BY REGION, 2016–2026 (USD MILLION) 77
7 COMMERCIAL WATER HEATERS MARKET, BY LITER 78
7.1 INTRODUCTION 79
FIGURE 18 BELOW 500 LITERS SEGMENT ACCOUNTED FOR LARGEST SHARE OF COMMERCIAL WATER HEATERS MARKET IN TERMS OF VALUE IN 2019 79
TABLE 18 COMMERCIAL WATER HEATERS MARKET, BY LITER 2016–2026 (UNITS) 79
TABLE 19 COMMERCIAL WATER HEATERS MARKET, BY LITER, 2016–2026
(USD MILLION) 80
7.2 BELOW 500 LITERS 80
7.2.1 EASE OF INSTALLATION OF 500 LITERS COMMERCIAL WATER HEATERS FUELING THEIR GLOBAL DEMAND 80
TABLE 20 BELOW 500 LITERS COMMERCIAL WATER HEATERS MARKET, BY REGION, 2016–2026 (UNITS) 81
TABLE 21 BELOW 500 LITERS COMMERCIAL WATER HEATERS MARKET, BY REGION, 2016–2026 (USD MILLION) 81
7.3 500–1,000 LITERS 82
7.3.1 USE OF 500–1,000 LITERS WATER HEATERS IN APPLICATIONS WITH CONTINUOUS HOT WATER SUPPLY REQUIREMENTS 82
TABLE 22 500–1,000 LITERS COMMERCIAL WATER HEATERS MARKET, BY REGION, 2016–2026 (UNITS) 82
TABLE 23 500–1,000 LITERS COMMERCIAL WATER HEATERS MARKET, BY REGION, 2016–2026 (USD MILLION) 82
7.4 1,000–3,000 LITERS 83
7.4.1 INCREASE IN ADOPTION OF CENTRALIZED WATER HEATING LAYOUT IN COMMERCIAL ESTABLISHMENTS 83
TABLE 24 1,000–3,000 LITERS COMMERCIAL WATER HEATERS MARKET, BY REGION, 2016–2026 (UNITS) 83
TABLE 25 1,000–3,000 LITERS COMMERCIAL WATER HEATERS MARKET, BY REGION, 2016–2026 (USD MILLION) 84
7.5 3,000–4,000 LITERS 84
7.5.1 SURGE IN DEMAND 3,000–4,000 LITERS WATER HEATERS IN LARGE COMMERCIAL ESTABLISHMENTS 84
TABLE 26 3,000–4,000 LITERS COMMERCIAL WATER HEATERS MARKET, BY REGION, 2016–2026 (UNITS) 84
TABLE 27 3,000–4,000 LITERS COMMERCIAL WATER HEATERS MARKET, BY REGION, 2016–2026 (USD MILLION) 85
7.6 ABOVE 4,000 LITERS 85
7.6.1 RISE IN ADOPTION OF ABOVE 4,000 LITERS WATER HEATERS BY LARGE COMMERCIAL AND INDUSTRIAL USERS 85
TABLE 28 ABOVE 4,000 LITERS COMMERCIAL WATER HEATERS MARKET, BY REGION, 2016–2026 (UNITS) 85
TABLE 29 ABOVE 4,000 LITERS COMMERCIAL WATER HEATERS MARKET, BY REGION, 2016–2026 (USD MILLION) 86
8 COMMERCIAL WATER HEATERS MARKET, BY RATED CAPACITY 87
8.1 INTRODUCTION 88
FIGURE 19 10–50KW SEGMENT HELD LARGEST SHARE OF COMMERCIAL WATER HEATERS MARKET IN TERMS OF VALUE IN 2019 88
TABLE 30 COMMERCIAL WATER HEATERS MARKET, BY RATED CAPACITY,
2016–2026 (UNITS) 88
TABLE 31 COMMERCIAL WATER HEATERS MARKET, BY RATED CAPACITY, 2016–2026 (USD MILLION) 89
8.2 UP TO 10KW 89
8.2.1 INCREASED USE OF UP TO 10KW COMMERCIAL WATER HEATERS IN APPLICATIONS WITH LOW-VOLUME HOT WATER REQUIREMENTS 89
TABLE 32 UP TO 10KW COMMERCIAL WATER HEATERS MARKET, BY REGION,
2016–2026 (UNITS) 89
TABLE 33 UP TO 10KW COMMERCIAL WATER HEATERS MARKET, BY REGION,
2016–2026 (USD MILLION) 90
8.3 10?50KW 90
8.3.1 SURGED DEMAND FOR INSTANTANEOUS HOT WATER AND EASE OF OPERATIONS TO CONTRIBUTE TO ADOPTION OF 10–50KW WATER HEATERS 90
TABLE 34 10?50KW COMMERCIAL WATER HEATERS MARKET, BY REGION,
2016–2026 (UNITS) 91
TABLE 35 10?50KW COMMERCIAL WATER HEATERS MARKET, BY REGION,
2016–2026 (USD MILLION) 91
8.4 50?150KW 91
8.4.1 LARGE-SCALE CENTRALIZED WATER HEATING APPLICATIONS USE
50–150KW COMMERCIAL WATER HEATERS 91
TABLE 36 50?150KW COMMERCIAL WATER HEATERS MARKET, BY REGION,
2016–2026 (UNITS) 92
TABLE 37 50?150KW COMMERCIAL WATER HEATERS MARKET, BY REGION,
2016–2026 (USD MILLION) 92
8.5 150?300KW 92
8.5.1 INCREASED ADOPTION OF 150–300KW COMMERCIAL WATER HEATERS IN LARGE COMMERCIAL FACILITIES 92
TABLE 38 150?300KW COMMERCIAL WATER HEATERS MARKET, BY REGION,
2016–2026 (UNITS) 93
TABLE 39 150?300KW COMMERCIAL WATER HEATERS MARKET, BY REGION,
2016–2026 (USD MILLION) 93
8.6 ABOVE 300KW 93
8.6.1 SURGED DEMAND FOR ABOVE 300KW COMMERCIAL WATER HEATERS IN LARGE-SCALE COMMERCIAL COMPLEXES/STRUCTURES 93
TABLE 40 ABOVE 300KW COMMERCIAL WATER HEATERS MARKET, BY REGION,
2016–2026 (UNITS) 94
TABLE 41 ABOVE 300KW COMMERCIAL WATER HEATERS MARKET, BY REGION,
2016–2026 (USD MILLION) 94
9 COMMERCIAL WATER HEATER MARKET, BY REGION 95
9.1 INTRODUCTION 96
FIGURE 20 COMMERCIAL WATER HEATERS MARKET IN ASIA PACIFIC TO GROW AT HIGHEST CAGR IN TERMS OF VALUE FROM 2020 TO 2026 96
FIGURE 21 ASIA PACIFIC ACCOUNTED FOR LARGEST SHARE OF COMMERCIAL WATER HEATERS MARKET IN TERMS OF VALUE IN 2019 97
TABLE 42 COMMERCIAL WATER HEATERS MARKET, BY REGION, 2016–2026 (UNITS) 97
TABLE 43 COMMERCIAL WATER HEATERS MARKET, BY REGION, 2016–2026
(USD MILLION) 98
9.2 NORTH AMERICA 98
9.2.1 NORTH AMERICA REGIONAL SNAPSHOT 99
FIGURE 22 COMMERCIAL WATER HEATERS MARKET IN NORTH AMERICA, 2019 99
9.2.2 IMPORT/EXPORT DATA 99
TABLE 44 COMMERCIAL WATER HEATERS MARKET IN NORTH AMERICA, BY IMPORT AND EXPORT DATA, 2016–2019 (USD THOUSAND) 99
9.2.3 DISTRIBUTION CHANNEL ANALYSIS 100
9.2.4 BY TYPE 100
TABLE 45 COMMERCIAL WATER HEATERS MARKET IN NORTH AMERICA, BY TYPE, 2016–2026 (UNITS) 100
TABLE 46 COMMERCIAL WATER HEATERS MARKET IN NORTH AMERICA, BY TYPE, 2016–2026 (USD MILLION) 101
9.2.5 BY LITER 101
TABLE 47 COMMERCIAL WATER HEATERS MARKET IN NORTH AMERICA, BY LITER, 2016–2026 (UNITS) 101
TABLE 48 COMMERCIAL WATER HEATERS MARKET IN NORTH AMERICA, BY LITER, 2016–2026 (USD MILLION) 102
9.2.6 BY RATED CAPACITY 102
TABLE 49 COMMERCIAL WATER HEATERS MARKET IN NORTH AMERICA, BY RATED CAPACITY, 2016–2026 (UNITS) 102
TABLE 50 COMMERCIAL WATER HEATERS MARKET IN NORTH AMERICA, BY RATED CAPACITY, 2016–2026 (USD MILLION) 103
9.2.7 BY COUNTRY 103
TABLE 51 COMMERCIAL WATER HEATERS MARKET IN NORTH AMERICA, BY COUNTRY, 2016–2026 (USD MILLION) 103
9.2.7.1 US 103
9.2.7.1.1 Growing investments in commercial sector and increasing demand for energy-efficient water heaters in US 103
9.2.7.1.2 General market trends 104
TABLE 52 GENERAL MARKET TRENDS FOR COMMERCIAL WATER HEATERS IN US, 2019 104
9.2.7.1.3 Average selling price, 2019 105
FIGURE 23 AVERAGE SELLING PRICE OF COMMERCIAL WATER HEATERS IN US, 2019 105
9.2.7.1.4 Key manufacturers, 2019 105
TABLE 53 KEY MANUFACTURERS OF COMMERCIAL WATER HEATERS IN US, 2019 105
9.2.7.1.5 Key distributors, 2019 106
TABLE 54 KEY DISTRIBUTORS OF COMMERCIAL WATER HEATERS IN US, 2019 106
9.2.7.1.6 Key consultants, 2019 106
TABLE 55 KEY CONSULTANTS OF COMMERCIAL WATER HEATERS IN US, 2019 106
9.2.7.1.7 Import/export data 107
TABLE 56 COMMERCIAL WATER HEATERS MARKET IN US, BY IMPORT AND EXPORT DATA, 2016–2019 (USD THOUSAND) 107
9.2.7.1.8 By type 107
TABLE 57 COMMERCIAL WATER HEATERS MARKET IN US, BY TYPE, 2016–2026 (UNITS) 107
TABLE 58 COMMERCIAL WATER HEATERS MARKET IN US, BY TYPE, 2016–2026
(USD MILLION) 107
9.2.7.1.9 By liter 108
TABLE 59 COMMERCIAL WATER HEATERS MARKET IN US, BY LITER,
2016–2026 (UNITS) 108
TABLE 60 COMMERCIAL WATER HEATERS MARKET IN US, BY LITER, 2016–2026
(USD MILLION) 108
9.2.7.1.10 By rated capacity 109
TABLE 61 COMMERCIAL WATER HEATERS MARKET IN US, BY RATED CAPACITY,
2016–2026 (UNITS) 109
TABLE 62 COMMERCIAL WATER HEATERS MARKET IN US, BY RATED CAPACITY,
2016–2026 (USD MILLION) 109
9.2.7.2 Canada 110
9.2.7.2.1 Increasing use of commercial water heaters in Canada owing to cold ambient temperature and flourishing commercial sector 110
9.2.7.2.2 General market trends 110
TABLE 63 GENERAL MARKET TRENDS FOR COMMERCIAL WATER HEATERS IN
CANADA, 2019 110
9.2.7.2.3 Average selling price, 2019 111
FIGURE 24 AVERAGE SELLING PRICE OF COMMERCIAL WATER HEATERS IN
CANADA, 2019 111
9.2.7.2.4 Key manufacturers, 2019 111
TABLE 64 KEY MANUFACTURERS OF COMMERCIAL WATER HEATERS IN CANADA, 2019 111
9.2.7.2.5 Key distributors, 2019 112
TABLE 65 KEY DISTRIBUTORS OF COMMERCIAL WATER HEATERS MARKET IN CANADA, 2019 112
9.2.7.2.6 Key consultants, 2019 112
TABLE 66 KEY CONSULTANTS OF COMMERCIAL WATER HEATERS MARKET IN
CANADA, 2019 112
9.2.7.2.7 Import/export data 113
TABLE 67 COMMERCIAL WATER HEATERS MARKET IN CANADA, BY IMPORT AND EXPORT DATA, 2016–2019 (USD THOUSAND) 113
9.2.7.2.8 By type 113
TABLE 68 COMMERCIAL WATER HEATERS MARKET IN CANADA, BY TYPE,
2016–2026 (UNITS) 113
TABLE 69 COMMERCIAL WATER HEATERS MARKET IN CANADA, BY TYPE, 2016–2026 (USD MILLION) 113
9.2.7.2.9 By liter 114
TABLE 70 COMMERCIAL WATER HEATERS MARKET IN CANADA, BY LITER,
2016–2026 (UNITS) 114
TABLE 71 COMMERCIAL WATER HEATERS MARKET IN CANADA, BY LITER, 2016–2026 (USD MILLION) 114
9.2.7.2.10 By rated capacity 115
TABLE 72 COMMERCIAL WATER HEATERS MARKET IN CANADA, BY RATED CAPACITY, 2016–2026 (UNITS) 115
TABLE 73 COMMERCIAL WATER HEATERS MARKET IN CANADA, BY RATED CAPACITY, 2016–2026 (USD MILLION) 115
9.2.7.3 Mexico 116
9.2.7.3.1 Growing use of economically-priced natural gas and oil in gas-fired commercial water heaters in Mexico 116
9.2.7.3.2 General market trends 116
TABLE 74 GENERAL MARKET TRENDS FOR COMMERCIAL WATER HEATERS IN
MEXICO, 2019 116
9.2.7.3.3 Average selling price, 2019 116
FIGURE 25 AVERAGE SELLING PRICE OF COMMERCIAL WATER HEATERS IN
MEXICO, 2019 116
9.2.7.3.4 Key manufacturers, 2019 117
TABLE 75 KEY MANUFACTURERS OF COMMERCIAL WATER HEATERS MARKET IN MEXICO, 2019 117
9.2.7.3.5 Key distributors, 2019 117
TABLE 76 KEY DISTRIBUTORS OF COMMERCIAL WATER HEATERS MARKET IN
MEXICO, 2019 117
9.2.7.3.6 Key consultants, 2019 118
TABLE 77 KEY CONSULTANTS OF COMMERCIAL WATER HEATERS MARKET IN
MEXICO, 2019 118
9.2.7.3.7 Import/export data 118
TABLE 78 COMMERCIAL WATER HEATERS MARKET IN MEXICO, BY IMPORT AND
EXPORT DATA, 2016–2019 (USD THOUSAND) 118
9.2.7.3.8 By type 119
TABLE 79 COMMERCIAL WATER HEATERS MARKET IN MEXICO, BY TYPE,
2016–2026 (UNITS) 119
TABLE 80 COMMERCIAL WATER HEATERS MARKET IN MEXICO, BY TYPE, 2016–2026 (USD MILLION) 119
9.2.7.3.9 By liter 120
TABLE 81 COMMERCIAL WATER HEATERS MARKET IN MEXICO, BY LITER,
2016–2026 (UNITS) 120
TABLE 82 COMMERCIAL WATER HEATERS MARKET IN MEXICO, BY LITER, 2016–2026 (USD MILLION) 120
9.2.7.3.10 By rated capacity 121
TABLE 83 COMMERCIAL WATER HEATERS MARKET IN MEXICO, BY RATED CAPACITY, 2016–2026 (UNITS) 121
TABLE 84 COMMERCIAL WATER HEATERS MARKET IN MEXICO, BY RATED CAPACITY, 2016–2026 (USD MILLION) 121
9.3 ASIA PACIFIC 122
9.3.1 REGIONAL SNAPSHOT 122
FIGURE 26 SNAPSHOT: COMMERCIAL WATER HEATERS MARKET IN ASIA PACIFIC 122
9.3.2 IMPORT/EXPORT DATA 123
TABLE 85 COMMERCIAL WATER HEATERS MARKET IN ASIA PACIFIC, BY IMPORT AND EXPORT DATA, 2016–2019 (USD THOUSAND) 123
9.3.3 DISTRIBUTION CHANNEL ANALYSIS 123
9.3.4 BY TYPE 123
TABLE 86 COMMERCIAL WATER HEATERS MARKET IN ASIA PACIFIC, BY TYPE,
2016–2026 (UNITS) 123
TABLE 87 COMMERCIAL WATER HEATERS MARKET IN ASIA PACIFIC, BY TYPE,
2016–2026 (USD MILLION) 124
9.3.5 BY LITER 124
TABLE 88 COMMERCIAL WATER HEATERS MARKET IN ASIA PACIFIC, BY LITER,
2016–2026 (UNITS) 124
TABLE 89 COMMERCIAL WATER HEATERS MARKET IN ASIA PACIFIC, BY LITER,
2016–2026 (USD MILLION) 125
9.3.6 BY RATED CAPACITY 125
TABLE 90 COMMERCIAL WATER HEATERS MARKET IN ASIA PACIFIC, BY RATED CAPACITY, 2016–2026 (UNITS) 125
TABLE 91 COMMERCIAL WATER HEATERS MARKET IN ASIA PACIFIC, BY RATED CAPACITY, 2016–2026 (USD MILLION) 126
9.3.7 BY COUNTRY 126
TABLE 92 COMMERCIAL WATER HEATERS MARKET IN ASIA PACIFIC, BY COUNTRY, 2016–2026 (USD MILLION) 126
9.3.7.1 China 127
9.3.7.1.1 Growing economy and flourishing commercial sector
of China to fuel demand for commercial water heaters
in country 127
9.3.7.1.2 General market trends 127
TABLE 93 GENERAL MARKET TRENDS FOR COMMERCIAL WATER HEATERS IN CHINA, 2019 127
9.3.7.1.3 Average selling price, 2019 128
FIGURE 27 AVERAGE SELLING PRICE OF COMMERCIAL WATER HEATERS IN CHINA, 2019 128
9.3.7.1.4 Key manufacruters,2019 128
TABLE 94 KEY MANUFACTURERS OF COMMERCIAL WATER HEATERS IN CHINA, 2019 128
9.3.7.1.5 Key distributors, 2019 129
TABLE 95 KEY DISTRIBUTORS OF COMMERCIAL WATER HEATERS IN CHINA, 2019 129
9.3.7.1.6 Key consultants, 2019 129
TABLE 96 KEY CONSULTANTS OF COMMERCIAL WATER HEATERS IN CHINA, 2019 129
9.3.7.1.7 Import/export data 130
TABLE 97 COMMERCIAL WATER HEATERS MARKET IN CHINA, BY IMPORT AND EXPORT DATA, 2016–2019 (USD THOUSAND) 130
9.3.7.1.8 By type 130
TABLE 98 COMMERCIAL WATER HEATERS MARKET IN CHINA, BY TYPE,
2016–2026 (UNITS) 130
TABLE 99 COMMERCIAL WATER HEATERS MARKET IN CHINA, BY TYPE, 2016–2026 (USD MILLION) 130
9.3.7.1.9 By liter 131
TABLE 100 COMMERCIAL WATER HEATERS MARKET IN CHINA, BY LITER,
2016–2026 (UNITS) 131
TABLE 101 COMMERCIAL WATER HEATERS MARKET IN CHINA, BY LITER, 2016–2026 (USD MILLION) 131
9.3.7.1.10 By rated capacity 132
TABLE 102 COMMERCIAL WATER HEATERS MARKET IN CHINA, BY RATED CAPACITY, 2016–2026 (UNITS) 132
TABLE 103 COMMERCIAL WATER HEATERS MARKET IN CHINA, BY RATED CAPACITY, 2016–2026 (USD MILLION) 132
9.3.7.2 India 133
9.3.7.2.1 Surging use of energy-efficient and renewable energy-based products to drive growth of commercial water heaters market in India 133
9.3.7.2.2 General market trends 133
TABLE 104 GENERAL MARKET TRENDS FOR COMMERCIAL WATER HEATERS
IN INDIA, 2019 133
9.3.7.2.3 Average selling price, 2019 134
FIGURE 28 AVERAGE SELLING PRICE OF COMMERCIAL WATER HEATERS IN INDIA, 2019 134
9.3.7.2.4 Key manufacturers, 2019 134
TABLE 105 KEY MANUFACTURERS OF COMMERCIAL WATER HEATERS IN INDIA, 2019 134
9.3.7.2.5 Key distributors, 2019 135
TABLE 106 KEY DISTRIBUTORS OF COMMERCIAL WATER HEATERS IN INDIA, 2019 135
9.3.7.2.6 Key consultants, 2019 135
TABLE 107 KEY CONSULTANTS OF COMMERCIAL WATER HEATERS IN INDIA, 2019 135
9.3.7.2.7 Import/export data 136
TABLE 108 COMMERCIAL WATER HEATERS MARKET IN INDIA, BY IMPORT AND EXPORT DATA, 2016–2019 (USD THOUSAND) 136
9.3.7.2.8 By type 136
TABLE 109 COMMERCIAL WATER HEATERS MARKET IN INDIA, BY TYPE,
2016–2026 (UNITS) 136
TABLE 110 COMMERCIAL WATER HEATERS MARKET IN INDIA, BY TYPE, 2016–2026 (USD MILLION) 136
9.3.7.2.9 By liter 137
TABLE 111 COMMERCIAL WATER HEATERS MARKET IN INDIA, BY LITER,
2016–2026 (UNITS) 137
TABLE 112 COMMERCIAL WATER HEATERS MARKET IN INDIA, BY LITER, 2016–2026 (USD MILLION) 137
9.3.7.2.10 By rated capacity 138
TABLE 113 COMMERCIAL WATER HEATERS MARKET IN INDIA, BY RATED CAPACITY, 2016–2026 (UNITS) 138
TABLE 114 COMMERCIAL WATER HEATERS MARKET IN INDIA, BY RATED CAPACITY, 2016–2026 (USD MILLION) 138
9.3.7.3 Australia 139
9.3.7.3.1 Increasing use of gas-fired commercial water heaters market in Australia owing to easy availability of natural gas 139
9.3.7.3.2 General market trends 139
TABLE 115 GENERAL MARKET TRENDS FOR COMMERCIAL WATER HEATERS IN AUSTRALIA, 2019 139
9.3.7.3.3 Average selling price, 2019 140
FIGURE 29 AVERAGE SELLING PRICE OF COMMERCIAL WATER HEATERS IN
AUSTRALIA, 2019 140
9.3.7.3.4 Key manufacturers, 2019 140
TABLE 116 KEY MANUFACTURERS OF COMMERCIAL WATER HEATERS IN
AUSTRALIA, 2019 140
9.3.7.3.5 Key distributors, 2019 141
TABLE 117 KEY DISTRIBUTORS OF COMMERCIAL WATER HEATERS IN AUSTRALIA, 2019 141
9.3.7.3.6 Key consultants, 2019 141
TABLE 118 KEY CONSULTANTS OF COMMERCIAL WATER HEATERS IN AUSTRALIA, 2019 141
9.3.7.3.7 Import/export data 142
TABLE 119 COMMERCIAL WATER HEATERS MARKET IN AUSTRALIA, BY IMPORT AND EXPORT DATA, 2016–2019 (USD THOUSAND) 142
9.3.7.3.8 By type 142
TABLE 120 COMMERCIAL WATER HEATERS MARKET IN AUSTRALIA, BY TYPE,
2016–2026 (UNITS) 142
TABLE 121 COMMERCIAL WATER HEATERS MARKET IN AUSTRALIA, BY TYPE,
2016–2026 (USD MILLION) 142
9.3.7.3.9 By liter 143
TABLE 122 COMMERCIAL WATER HEATERS MARKET IN AUSTRALIA, BY LITER,
2016–2026 (UNITS) 143
TABLE 123 COMMERCIAL WATER HEATERS MARKET IN AUSTRALIA, BY LITER,
2016–2026 (USD MILLION) 143
9.3.7.3.10 By rated capacity 144
TABLE 124 COMMERCIAL WATER HEATERS MARKET IN AUSTRALIA, BY RATED CAPACITY, 2016–2026 (UNITS) 144
TABLE 125 COMMERCIAL WATER HEATERS MARKET IN AUSTRALIA, BY RATED CAPACITY, 2016–2026 (USD MILLION) 144
9.3.7.4 South Korea 145
9.3.7.4.1 Rising prices of commercial electricity in South Korea leading to rapid adoption of solar and gas-based commercial water heaters 145
9.3.7.4.2 General market trends 145
TABLE 126 GENERAL MARKET TRENDS FOR COMMERCIAL WATER HEATERS IN
SOUTH KOREA, 2019 145
9.3.7.4.3 Average selling price, 2019 145
FIGURE 30 AVERAGE SELLING PRICE OF COMMERCIAL WATER HEATERS IN
SOUTH KOREA, 2019 145
9.3.7.4.4 Key manufacturers, 2019 146
TABLE 127 KEY MANUFACTURERS OF COMMERCIAL WATER HEATERS IN
SOUTH KOREA, 2019 146
9.3.7.4.5 Key distributors and consultants, 2019 146
TABLE 128 KEY DISTRIBUTORS AND CONSULTANTS OF COMMERCIAL WATER HEATERS IN SOUTH KOREA, 2019 146
9.3.7.4.6 Import/export data 147
TABLE 129 COMMERCIAL WATER HEATERS MARKET IN SOUTH KOREA, BY IMPORT AND EXPORT DATA, 2016–2019 (USD THOUSAND) 147
9.3.7.4.7 By type 147
TABLE 130 COMMERCIAL WATER HEATERS MARKET IN SOUTH KOREA, BY TYPE,
2016–2026 (UNITS) 147
TABLE 131 COMMERCIAL WATER HEATERS MARKET IN SOUTH KOREA, BY TYPE,
2016–2026 (USD MILLION) 147
9.3.7.4.8 By liter 148
TABLE 132 COMMERCIAL WATER HEATERS MARKET IN SOUTH KOREA, BY LITER,
2016–2026 (UNITS) 148
TABLE 133 COMMERCIAL WATER HEATERS MARKET IN SOUTH KOREA, BY LITER,
2016–2026 (USD MILLION) 148
9.3.7.4.9 By rated capacity 149
TABLE 134 COMMERCIAL WATER HEATERS MARKET IN SOUTH KOREA, BY RATED CAPACITY, 2016–2026 (UNITS) 149
TABLE 135 COMMERCIAL WATER HEATERS MARKET IN SOUTH KOREA, BY RATED CAPACITY, 2016–2026 (USD MILLION) 149
9.3.7.5 Singapore 150
9.3.7.5.1 Increasing availability of efficient gas-fired commercial water heaters in Singapore 150
9.3.7.5.2 General market trends 150
TABLE 136 GENERAL MARKET TRENDS FOR COMMERCIAL WATER HEATERS IN SINGAPORE, 2019 150
9.3.7.5.3 Average selling price, 2019 150
FIGURE 31 AVERAGE SELLING PRICE OF COMMERCIAL WATER HEATERS IN SINGAPORE, 2019 150
9.3.7.5.4 Key manufacturers, 2019 151
TABLE 137 KEY MANUFACTURERS OF COMMERCIAL WATER HEATERS IN SINGAPORE, 2019 151
9.3.7.5.5 Key distributors, 2019 151
TABLE 138 KEY DISTRIBUTORS OF COMMERCIAL WATER HEATERS IN SINGAPORE, 2019 151
9.3.7.5.6 Key consultants, 2019 152
TABLE 139 KEY CONSULTANTS OF COMMERCIAL WATER HEATERS IN SINGAPORE, 2019 152
9.3.7.5.7 Import/export 152
TABLE 140 COMMERCIAL WATER HEATERS MARKET IN SINGAPORE, BY IMPORT AND EXPORT DATA, 2016–2019 (USD THOUSAND) 152
9.3.7.5.8 By type 153
TABLE 141 COMMERCIAL WATER HEATERS MARKET IN SINGAPORE, BY TYPE,
2016–2026 (UNITS) 153
TABLE 142 COMMERCIAL WATER HEATERS MARKET IN SINGAPORE, BY TYPE,
2016–2026 (USD MILLION) 153
9.3.7.5.9 By liter 154
TABLE 143 COMMERCIAL WATER HEATERS MARKET IN SINGAPORE, BY LITER,
2016–2026 (UNITS) 154
TABLE 144 COMMERCIAL WATER HEATERS MARKET IN SINGAPORE, BY LITER,
2016–2026 (USD MILLION) 154
9.3.7.5.10 By rated capacity 155
TABLE 145 COMMERCIAL WATER HEATERS MARKET IN SINGAPORE, BY RATED CAPACITY, 2016–2026 (UNITS) 155
TABLE 146 COMMERCIAL WATER HEATERS MARKET IN SINGAPORE, BY RATED CAPACITY, 2016–2026 (USD MILLION) 155
9.3.7.6 New Zealand 156
9.3.7.6.1 Increasing investments in commercial sector of
New Zealand to fuel demand for commercial water heaters in country 156
9.3.7.6.2 General market trends 156
TABLE 147 GENERAL MARKET TRENDS FOR COMMERCIAL WATER HEATERS IN
NEW ZEALAND, 2019 156
9.3.7.6.3 Average selling price, 2019 157
FIGURE 32 AVERAGE SELLING PRICE OF COMMERCIAL WATER HEATERS IN
NEW ZEALAND, 2019 157
9.3.7.6.4 Key manufacturers, 2019 157
TABLE 148 KEY MANUFACTURERS OF COMMERCIAL WATER HEATERS IN
NEW ZEALAND, 2019 157
9.3.7.6.5 Key distributors, 2019 158
TABLE 149 KEY DISTRIBUTORS OF COMMERCIAL WATER HEATERS IN
NEW ZEALAND, 2019 158
9.3.7.6.6 Key consultants, 2019 158
TABLE 150 KEY CONSULTANTS OF COMMERCIAL WATER HEATERS IN
NEW ZEALAND, 2019 158
9.3.7.6.7 Import/export 159
TABLE 151 COMMERCIAL WATER HEATERS MARKET IN NEW ZEALAND, BY IMPORT AND EXPORT DATA, 2016–2019 (USD THOUSAND) 159
9.3.7.6.8 By type 159
TABLE 152 COMMERCIAL WATER HEATERS MARKET IN NEW ZEALAND, BY TYPE,
2016–2026 (UNITS) 159
TABLE 153 COMMERCIAL WATER HEATERS MARKET IN NEW ZEALAND, BY TYPE,
2016–2026 (USD MILLION) 159
9.3.7.6.9 By liter 160
TABLE 154 COMMERCIAL WATER HEATERS MARKET IN NEW ZEALAND, BY LITER,
2016–2026 (UNITS) 160
TABLE 155 COMMERCIAL WATER HEATERS MARKET IN NEW ZEALAND, BY LITER,
2016–2026 (USD MILLION) 160
9.3.7.6.10 By rated capacity 161
TABLE 156 COMMERCIAL WATER HEATERS MARKET IN NEW ZEALAND,
BY RATED CAPACITY, 2016–2026 (UNITS) 161
TABLE 157 COMMERCIAL WATER HEATERS MARKET IN NEW ZEALAND,
BY RATED CAPACITY, 2016–2026 (USD MILLION) 161
9.3.7.7 Malaysia 162
9.3.7.7.1 Surging use of gas-fired commercial water heaters in Malaysia owing to availability of low-cost natural gas 162
9.3.7.7.2 General market trends 162
TABLE 158 GENERAL MARKET TRENDS FOR COMMERCIAL WATER HEATERS
IN MALAYSIA, 2019 162
9.3.7.7.3 Average selling price, 2019 162
FIGURE 33 AVERAGE SELLING PRICE OF COMMERCIAL WATER HEATERS IN
MALAYSIA, 2019 162
9.3.7.7.4 Key manufacturers, 2019 163
TABLE 159 KEY MANUFACTURERS OF COMMERCIAL WATER HEATERS IN
MALAYSIA, 2019 163
9.3.7.7.5 Key distributors, 2019 163
TABLE 160 KEY DISTRIBUTORS OF COMMERCIAL WATER HEATERS IN MALAYSIA, 2019 163
9.3.7.7.6 Key consultants, 2019 164
TABLE 161 KEY CONSULTANTS OF COMMERCIAL WATER HEATERS IN MALAYSIA, 2019 164
9.3.7.7.7 Import/export 164
TABLE 162 COMMERCIAL WATER HEATERS MARKET IN MALAYSIA, BY IMPORT AND EXPORT DATA, 2016–2019 (USD THOUSAND) 164
9.3.7.7.8 By type 165
TABLE 163 COMMERCIAL WATER HEATERS MARKET IN MALAYSIA, BY TYPE,
2016–2026 (UNITS) 165
TABLE 164 COMMERCIAL WATER HEATERS MARKET IN MALAYSIA, BY TYPE, 2016–2026 (USD MILLION) 165
9.3.7.7.9 By liter 166
TABLE 165 COMMERCIAL WATER HEATERS MARKET IN MALAYSIA, BY LITER,
2016–2026 (UNITS) 166
TABLE 166 COMMERCIAL WATER HEATERS MARKET IN MALAYSIA, BY LITER,
2016–2026 (USD MILLION) 166
9.3.7.7.10 By rated capacity 167
TABLE 167 COMMERCIAL WATER HEATERS MARKET IN MALAYSIA, BY RATED CAPACITY, 2016–2026 (UNITS) 167
TABLE 168 COMMERCIAL WATER HEATERS MARKET IN MALAYSIA, BY RATED CAPACITY, 2016–2026 (USD MILLION) 167
9.3.7.8 Taiwan 168
9.3.7.8.1 Increasing number of regulations to promote use of energy-efficient products driving adoption of electric commercial water heaters in Taiwan 168
9.3.7.8.2 General market trends 168
TABLE 169 GENERAL MARKET TRENDS FOR COMMERCIAL WATER HEATERS IN
TAIWAN, 2019 168
9.3.7.8.3 Average selling price,2019 168
FIGURE 34 AVERAGE SELLING PRICE OF COMMERCIAL WATER HEATERS IN
TAIWAN, 2019 168
9.3.7.8.4 Key manufacturers,2019 169
TABLE 170 KEY MANUFACTURERS OF COMMERCIAL WATER HEATERS IN TAIWAN, 2019 169
9.3.7.8.5 Key distributors and consultants,2019 169
TABLE 171 KEY DISTRIBUTORS AND CONSULTANTS OF COMMERCIAL WATER HEATERS IN TAIWAN, 2019 169
9.3.7.8.6 By type 170
TABLE 172 COMMERCIAL WATER HEATERS MARKET IN TAIWAN, BY TYPE,
2016–2026 (UNITS) 170
TABLE 173 COMMERCIAL WATER HEATERS MARKET IN TAIWAN, BY TYPE, 2016–2026 (USD MILLION) 170
9.3.7.8.7 By liter 171
TABLE 174 COMMERCIAL WATER HEATERS MARKET IN TAIWAN, BY LITER,
2016–2026 (UNITS) 171
TABLE 175 COMMERCIAL WATER HEATERS MARKET IN TAIWAN, BY LITER, 2016–2026 (USD MILLION) 171
9.3.7.8.8 By rated capacity 172
TABLE 176 COMMERCIAL WATER HEATERS MARKET IN TAIWAN, BY RATED CAPACITY, 2016–2026 (UNITS) 172
TABLE 177 COMMERCIAL WATER HEATERS MARKET IN TAIWAN, BY RATED CAPACITY, 2016–2026 (USD MILLION) 172
9.4 EUROPE 173
9.4.1 IMPORT/EXPORT DATA 173
TABLE 178 COMMERCIAL WATER HEATERS MARKET IN EUROPE, BY IMPORT AND EXPORT DATA, 2016–2019 (USD THOUSAND) 173
9.4.2 DISTRIBUTION CHANNEL ANALYSIS 173
9.4.3 BY TYPE 174
TABLE 179 COMMERCIAL WATER HEATERS MARKET IN EUROPE, BY TYPE,
2016–2026 (UNITS) 174
TABLE 180 COMMERCIAL WATER HEATERS MARKET IN EUROPE, BY TYPE, 2016–2026 (USD MILLION) 174
9.4.4 BY LITER 175
TABLE 181 COMMERCIAL WATER HEATERS MARKET IN EUROPE, BY LITER,
2016–2026 (UNITS) 175
TABLE 182 COMMERCIAL WATER HEATERS MARKET IN EUROPE, BY LITER, 2016–2026 (USD MILLION) 175
9.4.5 BY RATED CAPACITY 176
TABLE 183 COMMERCIAL WATER HEATERS MARKET IN EUROPE, BY RATED CAPACITY, 2016–2026 (UNITS) 176
TABLE 184 COMMERCIAL WATER HEATERS MARKET IN EUROPE, BY RATED CAPACITY, 2016–2026 (USD MILLION) 176
9.4.6 BY COUNTRY 177
TABLE 185 COMMERCIAL WATER HEATERS MARKET IN EUROPE, BY COUNTRY,
2016–2026 (USD MILLION) 177
9.4.6.1 Italy 177
9.4.6.1.1 Increasing investments in healthcare sector of Italy to fuel demand for commercial water heaters in country 177
9.4.6.1.2 General market trends 178
TABLE 186 GENERAL MARKET TRENDS FOR COMMERCIAL WATER HEATERS IN ITALY, 2019 178
9.4.6.1.3 Average selling price,2019 178
FIGURE 35 AVERAGE SELLING PRICE OF COMMERCIAL WATER HEATERS IN ITALY, 2019 178
9.4.6.1.4 Key manufacturers,2019 179
TABLE 187 KEY MANUFACTURERS OF COMMERCIAL WATER HEATERS IN ITALY, 2019 179
9.4.6.1.5 Key distributors,2019 179
TABLE 188 KEY DISTRIBUTORS OF COMMERCIAL WATER HEATERS IN ITALY, 2019 179
9.4.6.1.6 Key consultants, 2019 180
TABLE 189 KEY CONSULTANTS OF COMMERCIAL WATER HEATERS IN ITALY, 2019 180
9.4.6.1.7 Import/export data 180
TABLE 190 COMMERCIAL WATER HEATERS MARKET IN ITALY, BY IMPORT AND
EXPORT DATA, 2016–2019 (USD THOUSAND) 180
9.4.6.1.8 By type 181
TABLE 191 COMMERCIAL WATER HEATERS MARKET IN ITALY, BY TYPE,
2016–2026 (UNITS) 181
TABLE 192 COMMERCIAL WATER HEATERS MARKET IN ITALY, BY TYPE, 2016–2026
(USD MILLION) 181
9.4.6.1.9 By liter 182
TABLE 193 COMMERCIAL WATER HEATERS MARKET IN ITALY, BY LITER,
2016–2026 (UNITS) 182
TABLE 194 COMMERCIAL WATER HEATERS MARKET IN ITALY, BY LITER, 2016–2026 (USD MILLION) 182
9.4.6.1.10 By rated capacity 183
TABLE 195 COMMERCIAL WATER HEATERS MARKET IN ITALY, BY RATED CAPACITY, 2016–2026 (UNITS) 183
TABLE 196 COMMERCIAL WATER HEATERS MARKET IN ITALY, BY RATED CAPACITY, 2016–2026 (USD MILLION) 183
9.4.6.2 UK 184
9.4.6.2.1 Growing requirements of hot water in UK owing to its cold weather conditions 184
9.4.6.2.2 General market trends 184
TABLE 197 GENERAL MARKET TRENDS FOR COMMERCIAL WATER HEATERS IN UK, 2019 184
9.4.6.2.3 Average selling price,2019 185
FIGURE 36 AVERAGE SELLING PRICE OF COMMERCIAL WATER HEATERS IN UK, 2019 185
9.4.6.2.4 Key manufacturers,2019 185
TABLE 198 KEY MANUFACTURERS OF COMMERCIAL WATER HEATERS IN UK, 2019 185
9.4.6.2.5 Key distributors, 2019 186
TABLE 199 KEY DISTRIBUTORS OF COMMERCIAL WATER HEATERS IN UK, 2019 186
9.4.6.2.6 Key consultants, 2019 186
TABLE 200 KEY CONSULTANTS OF COMMERCIAL WATER HEATERS IN UK, 2019 186
9.4.6.2.7 Import/export data 187
TABLE 201 COMMERCIAL WATER HEATERS MARKET IN UK, BY IMPORT AND EXPORT DATA, 2016–2019 (USD THOUSAND) 187
9.4.6.2.8 By type 187
TABLE 202 COMMERCIAL WATER HEATERS MARKET IN UK, BY TYPE, 2016–2026 (UNITS) 187
TABLE 203 COMMERCIAL WATER HEATERS MARKET IN UK, BY TYPE, 2016–2026
(USD MILLION) 187
9.4.6.2.9 By liter 188
TABLE 204 COMMERCIAL WATER HEATERS MARKET IN UK, BY LITER, 2016–2026 (UNITS) 188
TABLE 205 COMMERCIAL WATER HEATERS MARKET IN UK, BY LITER, 2016–2026
(USD MILLION) 188
9.4.6.2.10 By rated capacity 189
TABLE 206 COMMERCIAL WATER HEATERS MARKET IN UK, BY RATED CAPACITY,
2016–2026 (UNITS) 189
TABLE 207 COMMERCIAL WATER HEATERS MARKET IN UK, BY RATED CAPACITY,
2016–2026 (USD MILLION) 189
9.5 SOUTH AMERICA 190
9.5.1 IMPORT/EXPORT DATA 190
TABLE 208 COMMERCIAL WATER HEATERS MARKET IN SOUTH AMERICA,
BY IMPORT AND EXPORT DATA, 2016–2019 (USD THOUSAND) 190
9.5.2 DISTRIBUTION CHANNEL ANALYSIS 190
9.5.3 BY TYPE 191
TABLE 209 COMMERCIAL WATER HEATERS MARKET IN SOUTH AMERICA, BY TYPE, 2016–2026 (UNITS) 191
TABLE 210 COMMERCIAL WATER HEATERS MARKET IN SOUTH AMERICA, BY TYPE, 2016–2026 (USD MILLION) 191
9.5.4 BY LITER 192
TABLE 211 COMMERCIAL WATER HEATERS MARKET IN SOUTH AMERICA, BY LITER, 2016–2026 (UNITS) 192
TABLE 212 COMMERCIAL WATER HEATERS MARKET IN SOUTH AMERICA, BY LITER, 2016–2026 (USD MILLION) 192
9.5.5 BY RATED CAPACITY 193
TABLE 213 COMMERCIAL WATER HEATERS MARKET IN SOUTH AMERICA, BY RATED CAPACITY, 2016–2026 (UNITS) 193
9.5.6 BY RATED CAPACITY 193
TABLE 214 COMMERCIAL WATER HEATERS MARKET IN SOUTH AMERICA, BY RATED CAPACITY, 2016–2026 (USD MILLION) 193
9.5.7 BY COUNTRY 194
TABLE 215 COMMERCIAL WATER HEATERS MARKET IN SOUTH AMERICA, BY COUNTRY, 2016–2026 (USD MILLION) 194
9.5.7.1 Brazil 194
9.5.7.1.1 Surging adoption of energy-efficient commercial water heaters in Brazil owing to supportive government policies 194
9.5.7.1.2 General market trends 194
TABLE 216 GENERAL MARKET TRENDS FOR COMMERCIAL WATER HEATERS IN
BRAZIL, 2019 194
9.5.7.1.3 Average selling price, 2019 195
FIGURE 37 AVERAGE SELLING PRICE OF COMMERCIAL WATER HEATERS IN
BRAZIL, 2019 195
9.5.7.1.4 Key manufacturers, 2019 195
TABLE 217 KEY MANUFACTURERS OF COMMERCIAL WATER HEATERS IN BRAZIL, 2019 195
9.5.7.1.5 Key distributors, 2019 196
TABLE 218 KEY DISTRIBUTORS OF COMMERCIAL WATER HEATERS IN BRAZIL, 2019 196
9.5.7.1.6 Key consultants, 2019 196
TABLE 219 KEY CONSULTANTS OF COMMERCIAL WATER HEATERS IN BRAZIL, 2019 196
9.5.7.1.7 Import/export data 197
TABLE 220 COMMERCIAL WATER HEATERS MARKET IN BRAZIL, BY IMPORT AND EXPORT DATA, 2016–2019 (USD THOUSAND) 197
9.5.7.1.8 By type 197
TABLE 221 COMMERCIAL WATER HEATERS MARKET IN BRAZIL, BY TYPE,
2016–2026 (UNITS) 197
TABLE 222 COMMERCIAL WATER HEATERS MARKET IN BRAZIL, BY TYPE, 2016–2026 (USD MILLION) 197
9.5.7.1.9 By liter 198
TABLE 223 COMMERCIAL WATER HEATERS MARKET IN BRAZIL, BY LITER,
2016–2026 (UNITS) 198
TABLE 224 COMMERCIAL WATER HEATERS MARKET IN BRAZIL, BY LITER, 2016–2026 (USD MILLION) 198
9.5.7.1.10 By rated capacity 199
TABLE 225 COMMERCIAL WATER HEATERS MARKET IN BRAZIL, BY RATED CAPACITY, 2016–2026 (UNITS) 199
TABLE 226 COMMERCIAL WATER HEATERS MARKET IN BRAZIL, BY RATED CAPACITY, 2016–2026 (USD MILLION) 199
9.5.7.2 Chile 200
9.5.7.2.1 Growing imports of natural gas in Chile fueling demand for gas-fired commercial water heaters in country 200
9.5.7.2.2 General market trends 200
TABLE 227 GENERAL MARKET TRENDS FOR COMMERCIAL WATER HEATERS IN CHILE, 2019 200
9.5.7.2.3 Average selling price, 2019 200
FIGURE 38 AVERAGE SELLING PRICE OF COMMERCIAL WATER HEATERS IN CHILE, 2019 200
9.5.7.2.4 Key manufacturers, 2019 201
TABLE 228 KEY MANUFACTURERS OF COMMERCIAL WATER HEATER IN CHILE, 2019 201
9.5.7.2.5 Key distributors and consultants, 2019 201
TABLE 229 KEY DISTRIBUTORS AND CONSULTANTS OF COMMERCIAL WATER HEATER IN CHILE, 2019 201
9.5.7.2.6 Import/export data 202
TABLE 230 COMMERCIAL WATER HEATERS MARKET IN CHILE, BY IMPORT AND EXPORT DATA, 2016–2019 (USD THOUSAND) 202
9.5.7.2.7 By type 202
TABLE 231 COMMERCIAL WATER HEATERS MARKET IN CHILE, BY TYPE,
2016–2026 (UNITS) 202
TABLE 232 COMMERCIAL WATER HEATERS MARKET IN CHILE, BY TYPE, 2016–2026 (USD MILLION) 202
9.5.7.2.8 By liter 203
TABLE 233 COMMERCIAL WATER HEATERS MARKET IN CHILE, BY LITER,
2016–2026 (UNITS) 203
TABLE 234 COMMERCIAL WATER HEATERS MARKET IN CHILE, BY LITER, 2016–2026 (USD MILLION) 203
9.5.7.2.9 By rated capacity 204
TABLE 235 COMMERCIAL WATER HEATERS MARKET IN CHILE, BY RATED CAPACITY, 2016–2026 (UNITS) 204
TABLE 236 COMMERCIAL WATER HEATERS MARKET IN CHILE, BY RATED CAPACITY, 2016–2026 (USD MILLION) 204
9.6 AFRICA 205
9.6.1 SOUTH AFRICA 205
9.6.1.1 Increasing number of support policies formulated by government for commercial sector to fuel growth of commercial water heaters market in South Africa 205
9.6.1.2 Import/export data 205
TABLE 237 COMMERCIAL WATER HEATERS MARKET IN SOUTH AFRICA, BY IMPORT AND EXPORT DATA, 2016–2019 (USD THOUSAND) 205
9.6.1.3 Distribution channel analysis 206
9.6.1.4 General market trends 206
TABLE 238 GENERAL MARKET TRENDS FOR COMMERCIAL WATER HEATERS IN
SOUTH AFRICA, 2019 206
9.6.1.5 Average selling price, 2019 207
FIGURE 39 AVERAGE SELLING PRICE OF COMMERCIAL WATER HEATERS IN
SOUTH AFRICA, 2019 207
9.6.1.6 Key manufacturers, 2019 207
TABLE 239 KEY MANUFACTURERS OF COMMERCIAL WATER HEATERS IN
SOUTH AFRICA, 2019 207
9.6.1.7 Key distributors, 2019 208
TABLE 240 KEY DISTRIBUTORS OF COMMERCIAL WATER HEATERS IN
SOUTH AFRICA, 2019 208
9.6.1.8 Key consultants, 2019 208
TABLE 241 CONSULTANTS OF COMMERCIAL WATER HEATERS IN SOUTH AFRICA, 2019 208
9.6.1.9 By type 209
TABLE 242 COMMERCIAL WATER HEATERS MARKET IN SOUTH AFRICA, BY TYPE,
2016–2026 (UNITS) 209
TABLE 243 COMMERCIAL WATER HEATERS MARKET IN SOUTH AFRICA, BY TYPE,
2016–2026 (USD MILLION) 209
9.6.1.10 By liter 210
TABLE 244 COMMERCIAL WATER HEATERS MARKET IN SOUTH AFRICA, BY LITER,
2016–2026 (UNITS) 210
TABLE 245 COMMERCIAL WATER HEATERS MARKET IN SOUTH AFRICA, BY LITER,
2016–2026 (USD MILLION) 210
9.6.1.11 By rated capacity, 2019 211
TABLE 246 COMMERCIAL WATER HEATERS MARKET IN SOUTH AFRICA, BY RATED CAPACITY, 2016–2026 (UNITS) 211
TABLE 247 COMMERCIAL WATER HEATERS MARKET IN SOUTH AFRICA, BY RATED CAPACITY, 2016–2026 (USD MILLION) 211
10 COMPETITIVE LANDSCAPE 212
10.1 OVERVIEW 212
FIGURE 40 KEY DEVELOPMENTS IN COMMERCIAL WATER HEATERS MARKET FROM JANUARY 2017 TO JULY 2020 213
10.2 COMPETITIVE LEADERSHIP MAPPING (OVERALL MARKET) 214
10.2.1 STAR 214
10.2.2 EMERGING LEADERS 214
10.2.3 PERVASIVE 214
10.2.4 PRTICIPANT 214
FIGURE 41 COMMERCIAL WATER HEATERS MARKET (GLOBAL) COMPETITIVE LEADERSHIP MAPPING, 2019 215
10.3 MARKET SHARE, 2019 216
FIGURE 42 TOP PLAYERS MARKET SHARE, 2019 216
10.4 REVENUE ANALYSIS OF TOP 5 PLAYERS 217
FIGURE 43 A.O. SMITH CORPORATION LED COMMERCIAL WATER HEATERS MARKET IN 2019 217
10.5 COMPETITIVE SCENARIO 218
10.5.1 NEW PRODUCT LAUNCHES, JANUARY 2017–JULY 2020 218
10.5.2 INVESTMENTS AND EXPANSIONS, JANUARY 2017–JULY 2020 218
10.5.3 MERGERS AND ACQUISITIONS, JANUARY 2017–JULY 2020 219
10.5.4 PARTNERSHIPS AND COLLABORATIONS, JANUARY 2017–JULY 2020 219
11 COMPANY PROFILE 220
(Business Overview, Products Offered, Recent Developments, and MnM View)*
11.1 MIDEA GROUP 220
TABLE 248 MIDEA GROUP OFFICES AND MANUFACTURING LOCATIONS: 220
FIGURE 44 MIDEA GROUP: COMPANY SNAPSHOT 221
11.2 A.O. SMITH CORPORATION 223
TABLE 249 A.O. SMITH CORPORATION OFFICES AND MANUFACTURING LOCATIONS: 223
FIGURE 45 A.O. SMITH CORPORATION: COMPANY SNAPSHOT 224
11.3 DAIKIN 228
TABLE 250 DAIKIN OFFICES AND MANUFACTURING LOCATIONS: 228
FIGURE 46 DAIKIN: COMPANY SNAPSHOT 229
11.4 RINNAI CORPORATION 231
TABLE 251 RINNAI CORPORATION OFFICES AND MANUFACTURING LOCATIONS: 231
FIGURE 47 RINNAI CORPORATION: COMPANY SNAPSHOT 232
11.5 DANFOSS 235
FIGURE 48 DANFOSS: COMPANY SNAPSHOT 235
11.6 MITSUBISHI ELECTRIC 238
FIGURE 49 MITSUBISHI ELECTRIC: COMPANY SNAPSHOT 238
11.7 NIBE ENERGY SYSTEMS 240
11.8 JOHNSON CONTROLS–HITACHI AIR CONDITIONING 242
11.9 BOSCH INDUSTRIES 243
FIGURE 50 BOSCH INDUSTRIES: COMPANY SNAPSHOT 244
11.10 VIESSMANN 245
11.11 VAILLANT 246
11.12 RHEEM MANUFACTURING COMPANY 247
11.13 AMERICAN WATER HEATERS 249
11.14 BRADFORD WHITE 251
11.15 ARISTON THERMO GROUP 252
11.16 SOLAHART 253
11.17 JINYI SOLAR WATER HEATER 254
11.18 BOCK WATER HEATERS 254
11.19 STIEBEL ELTRON 255
11.20 GIANT 255
11.21 PVI INDUSTRIES 256
* Business Overview, Products Offered, Recent Developments, and MnM View might not be captured in case of unlisted companies.
12 APPENDIX 257
12.1 INSIGHTS OF INDUSTRY EXPERTS 257
12.2 DISCUSSION GUIDE 258
12.3 KNOWLEDGE STORE 262
12.4 AVAILABLE CUSTOMIZATIONS 264
12.5 RELATED REPORTS 264
12.6 AUTHOR DETAILS 265
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