Tankless Water Heater Market, by Technology, by Energy Source, by Energy Factor, by Location, by End User, and by Region, - Size, Share, Outlook, and Opportunity Analysis, 2022

Description

Tankless water heater is a sort of water heater which does not store hot water in tanks and heats the water instantly by using heat exchanger coils made of copper. It provides an economical solution for energy savings as it heats water only on demand unlike conventional water heaters which store hot water. On basis of energy source used for heating the coils, they can be bifurcated into electric and gas. The surge in demand for advance home appliances in luxurious residential buildings has propelled growth of the global tankless water heater market in recent times.

Market Dynamics

Tankless water heater market is majorly driven by growth of end-use industries such as construction coupled with increasing usage of flooring tool in these industries. On the basis of location, in 2021, indoor segment accounted for the largest market share of 76.3% in terms of revenue, followed by outdoor. Tankless water heaters are more compact than traditional storage water heaters as a result of which they are widely preferred in indoor sections of buildings.

Furthermore, growing commercial sector, increasing disposable income, changing trends in home furnishing, and lifestyle are the factors that are expected to fuel demand for construction activities, which is further expected to drive growth of the tankless water heater market in Europe over the forecast period.

Global tankless water heater market was estimated at US$ 21.66 Billion in 2021, owing to the higher energy saving potential of tankless water heaters. Furthermore, they provide a continuous flow of water supply and are more compactly designed as compared to the standard storage water tanks on account of which they are vastly preferred in the indoors.

On the basis of region, Europe has accounted for a substantial market share in 2021, owing to the rising demand for energy efficient systems in hotels and corporate offices. Consumers are now more inclined towards using economical energy saving water heater systems, in both residential and commercial sector. This scenario is expected to fuel demand for tankless water heaters in the Europe region.

Key features of the study:

This report provides an in-depth analysis of global tankless water heater market, and provides market size (US$ Billion) and compound annual growth rate (CAGR %) for the forecast period (2022-2030), considering 2021 as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global tankless water heater market based on the following parameters - company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study include Rheem Manufacturing Company, Rinnai Corporation, A. O. Smith, Noritz America Corp., Ariston Thermo Group, Kyungdong Navien Co., Ltd., Stiebel Eltron GmbH & Co. KG, Bradford White Corp., Haier Electronics Group Co, Ltd., and Bajaj Electricals Ltd
Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up gradation, market expansion, and marketing tactics
The global tankless water heater market report caters to various stakeholders in this industry including investors, suppliers, tankless water heater service providers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global tankless water heater market

Detailed Segmentation:

Global Tankless Water Heater Market, By Technology:
- Cloth Condensing
- Non-Condensing
Global Tankless Water Heater Market, By Energy Source:
- Electric
- Gas
Global Tankless Water Heater Market, By Energy Factor :
- 0 to 0.79 EF
- 0.80 to 0.89 EF
- 0.90 EF and Above
Global Tankless Water Heater Market, By Location:
- Indoor
- Outdoor
Global Tankless Water Heater Market, By End User:
- Residential
- Commercial
Global Tankless Water Heater Market, By Region:
- North America
  - By Country:
- U.S.
- Canada
- Latin America
  - By Country:
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Europe
  - By Country:
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
  - By Country:
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East & Africa
  - By Region:
- Middle East
- Africa
Company Profiles
- Rheem Manufacturing Company
  - Company Overview
  - Product Portfolio
  - Key Strategies
  - Recent Developments
  - Future Plans
- Rinnai Corporation
- O. Smith
- Noritz America Corp.
- Ariston Thermo Group
- Kyungdong Navien Co. Ltd.
- Stiebel Eltron GmbH & Co. KG
- Bradford White Corp.
- Haier Electronics Group Co, Ltd.
- Bajaj Electricals Ltd.

"*" marked represents similar segmentation in other categories in the respective section

Product Code: CMI3358

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snapshot, By Technology
- Market Snapshot, By Energy Source
- Market Snapshot, By Energy Factor
- Market Snapshot, By Location
- Market Snapshot, By End User
- Market Snapshot, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
- Restraints
- PEST Analysis
- PORTER's Five Forces Analysis
- Market Opportunities
- Regulatory Scenario
- Key Developments
- Industry Trend

4. Global Tankless Water Heater Market - Impact of Coronavirus (COVID-19) Pandemic

Overview
Factors Affecting Global Tankless Water Heater Market - COVID-19
Impact Analysis

5. Global Tankless Water Heater Market, By Technology, 2017-2030 (US$ Billion)

Introduction
- Market Share Analysis, 2022, 2025, and 2030 (%)
- Y-o-Y Growth Analysis, 2017 - 2030
- Segment Trends
Condensing
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion)
Non-Condensing
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion)

6. Global Tankless Water Heater Market, By Energy Source, 2017-2030 (US$ Billion)

Electric
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion)
Gas
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion)

7. Global Tankless Water Heater Market, By Energy Factor, 2017-2030 (US$ Billion)

0 to 0.79 EF
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion)
0.80 to 0.89 EF
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion)
0.90 EF and Above
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion)

8. Global Tankless Water Heater Market, By Location, 2017-2030 (US$ Billion)

Indoor
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion)
Outdoor
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion)

9. Global Tankless Water Heater Market, By End User, 2017-2030 (US$ Billion)

Residential
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion)
Commercial
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion)

10. Global Tankless Water Heater Market, By Region, 2017-2030 (US$ Billion)

Introduction
- Market Share Analysis, By Region, 2022, 2025, and 2030 (%)
- Y-o-Y Growth Analysis, For Region, 2017 - 2030
North America
- Market Share Analysis, By Country, 2022, 2025 and 2030 (%)
- Y-o-Y Growth Analysis, By Country, 2022 - 2030
- Market Size and Forecast, By Technology, 2017- 2030 (US$ Billion)
- Market Size and Forecast, By Energy Source, 2017- 2030 (US$ Billion)
- Market Size and Forecast, By Energy Factor, 2017- 2030 (US$ Billion)
- Market Size and Forecast, By Location, 2017- 2030 (US$ Billion)
- Market Size and Forecast, By End User, 2017- 2030 (US$ Billion)
- Countries
U.S.
Canada
Latin America
- Market Share Analysis, By Country, 2022, 2025 and 2030 (%)
- Y-o-Y Growth Analysis, By Country, 2022 - 2030
- Market Size and Forecast, By Technology, 2017- 2030 (US$ Billion)
- Market Size and Forecast, By Energy Source, 2017- 2030 (US$ Billion)
- Market Size and Forecast, By Energy Factor, 2017- 2030 (US$ Billion)
- Market Size and Forecast, By Location, 2017- 2030 (US$ Billion)
- Market Size and Forecast, By End User, 2017- 2030 (US$ Billion)
- Countries
Brazil
Argentina
Mexico
Rest of Latin America
Europe
- Market Share Analysis, By Country, 2022, 2025 and 2030 (%)
- Y-o-Y Growth Analysis, By Country, 2022 - 2030
- Market Size and Forecast, By Product, 2017- 2030 (US$ Billion)
- Market Size and Forecast, By Energy Source, 2017- 2030 (US$ Billion)
- Market Size and Forecast, By Energy Factor, 2017- 2030 (US$ Billion)
- Market Size and Forecast, By Location, 2017- 2030 (US$ Billion)
- Market Size and Forecast, By End User, 2017- 2030 (US$ Billion)
- Countries
U.K.
Germany
Italy
France
Spain
Russia
Rest of Europe
Asia Pacific
- Market Share Analysis, By Country, 2022, 2025 and 2030 (%)
- Y-o-Y Growth Analysis, By Country, 2022 - 2030
- Market Size and Forecast, By Product, 2017- 2030 (US$ Billion)
- Market Size and Forecast, By Energy Source, 2017- 2030 (US$ Billion)
- Market Size and Forecast, By Energy Factor, 2017- 2030 (US$ Billion)
- Market Size and Forecast, By Location, 2017- 2030 (US$ Billion)
- Market Size and Forecast, By End User, 2017- 2030 (US$ Billion)
- Countries
China
India
Japan
ASEAN
Australia
South Korea
Rest of Asia Pacific
Middle East & Africa
- Market Share Analysis, By Region/Country, 2022, 2025 and 2030 (%)
- Y-o-Y Growth Analysis, By Region/Country, 2022 - 2030
- Market Size and Forecast, By Product, 2017- 2030 (US$ Billion)
- Market Size and Forecast, By Energy Source, 2017- 2030 (US$ Billion)
- Market Size and Forecast, By Energy Factor, 2017- 2030 (US$ Billion)
- Market Size and Forecast, By Location, 2017- 2030 (US$ Billion)
- Market Size and Forecast, By End User, 2017- 2030 (US$ Billion)
- Sub-Regions
Middle East
Africa

11. Competitive Landscape

Heat Map Analysis
Market Share Analysis (3x3 Matrix)
Company Profiles
- Rheem Manufacturing Company
Company Overview
Product Portfolio
Recent Developments/Updates
- Rinnai Corporation
Company Overview
Product Portfolio
Recent Developments/Updates
- O. Smith
Company Overview
Product Portfolio
Recent Developments/Updates
- Noritz America Corp.
Company Overview
Product Portfolio
Recent Developments/Updates
- Ariston Thermo Group
Company Overview
Product Portfolio
Recent Developments/Updates
- Kyungdong Navien Co. Ltd.
Company Overview
Product Portfolio
Recent Developments/Updates
- Stiebel Eltron GmbH & Co. KG
Company Overview
Product Portfolio
Recent Developments/Updates
- Bradford White Corp.
Company Overview
Product Portfolio
Recent Developments/Updates
- Haier Electronics Group Co, Ltd.
Company Overview
Product Portfolio
Recent Developments/Updates
- Bajaj Electricals Ltd.
Company Overview
Product Portfolio
Recent Developments/Updates

12. Section

References
Research Methodology
About Us and Sales Contact
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Tankless Water Heater Market, by Technology, by Energy Source, by Energy Factor, by Location, by End User, and by Region, - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030