市場調查報告書
商品編碼
1441200
全球熱水器市場規模、佔有率、成長分析(按產品、技術)-產業預測,2023-2030 年Global Water Heater Market Size, Share, Growth Analysis, By Product(Electric, Solar), By Technology(Tankless, Storage) - Industry Forecast 2023-2030 |
2022年全球熱水器市場規模預計為281億美元,從2023年的293.6億美元成長到2031年的417.6億美元,預測期間(2024-2031年)複合年成長率為4.5%。
多用戶住宅、飯店、醫院和其他商業場所對熱水的需求不斷成長,推動了熱水器的需求。該市場的主要驅動力包括人口成長和都市化,特別是在新興地區。隨著都市化的進步和越來越多的人進入現代家庭,對熱水器的需求將顯著增加。然而,限制熱水器市場的因素很多,其中傳統型號的高消費量是一大挑戰,導致碳排放增加和環境問題。儘管存在這些挑戰,熱水器市場仍存在顯著的成長機會。一個主要推動因素是對節能無水箱熱水器和可按需提供熱水的即時熱水器的需求迅速成長。此外,人們對節能和採用再生能源來源的認知不斷提高,為住宅和商業建築中太陽能熱水器和熱泵熱水器的整合鋪平了道路。全球熱水器市場滿足不同領域對熱水的關鍵需求。雖然人口成長和生活水準提高等因素刺激了市場成長,但能源消耗、原料成本和仿冒品等挑戰也存在。然而,市場提供了創新節能環保熱水解決方案的機會,以滿足不斷變化的消費者需求。
Global Water Heater Market size was valued at USD 28.10 Billion in 2022 and is poised to grow from USD 29.36 Billion in 2023 to USD 41.76 Billion by 2031, at a CAGR of 4.5% during the forecast period (2024-2031).
The demand for water heaters is propelled by the increasing requirement for hot water in residential complexes, hotels, hospitals, and other business establishments. Key drivers for this market include population growth and urbanization, particularly in developing regions. As urbanization progresses and more people settle in modern dwellings, the need for water heaters significantly rises. However, several factors restrain the water heater market, with high energy consumption of conventional models being a major challenge, contributing to elevated carbon emissions and environmental concerns. Despite these challenges, the water heater market presents notable growth opportunities. The surge in demand for tankless or instant water heaters, which offer on-demand hot water and are more energy-efficient, is a significant driver. Additionally, increasing awareness about energy conservation and the adoption of renewable energy sources open avenues for integrating solar water heaters and heat pump water heaters in residential and commercial buildings. The global water heater market fulfils the crucial need for hot water across diverse sectors. While factors like population growth and improving living standards stimulate market growth, challenges such as energy consumption, raw material costs, and counterfeit products exist. Nevertheless, the market provides opportunities for innovating energy-efficient and eco-friendly water heating solutions to meet evolving consumer needs.
Top-down and bottom-up approaches were used to estimate and validate the size of the Global Water Heater and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analysed to get the final quantitative and qualitative data.
Global Water Heater Market Segmental Analysis
The global water heater market is segmented on the basis of product, technology, and region. In terms of product, the market is segmented into electric, solar, and gas. By Technology, the market is segmented into Tankless, Storage, Hybrid. By region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Drivers of the Global Water Heater Market
The demand for water heaters has been fuelled by rapid urbanization and the rise of residential construction endeavours, especially in developing areas. The increasing middle-class populace and enhancements in living standards have led to elevated consumer expenditure on household appliances, including water heaters.
Increased consciousness surrounding environmental concerns and the necessity for energy-saving solutions have driven the desire for environmentally friendly water heaters. Government actions and policies advocating for energy-efficient appliances have further incentivized consumers to opt for water heaters with reduced energy consumption, thereby lessening their environmental impact.
Restraints in the Global Water Heater Market
The upfront expenses associated with acquiring and setting up specific types of water heaters, like solar-powered and heat pump systems, can be greater when contrasted with conventional storage tank water heaters. This financial aspect might discourage budget-conscious consumers from embracing more energy-efficient and eco-friendly alternatives.
In some areas, especially rural or locations with restricted access to electricity or gas, insufficient infrastructure can present a barrier to the widespread use of water heaters. The absence of essential infrastructure for installation and upkeep may impede market expansion.
Market Trends of the Global Water Heater Market
Growing Focus on Hybrid Water Heaters: Hybrid water heaters, integrating various technologies like heat pumps, electric heating elements, and gas burners, are becoming increasingly favoured. These hybrid systems provide versatility, energy efficiency, and dependable hot water provision, addressing the varied requirements of consumers.
Increasing Popularity of Tankless Water Heaters: Tankless water heaters, alternatively called on-demand water heaters, are experiencing a surge in demand owing to their small footprint, energy efficiency, and immediate hot water availability. The convenience and space-saving advantages provided by tankless water heaters make them a favoured option for both residential and commercial use.