Tankless Water Heater Market by Product Type, End-Users, and Geography (North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa): Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2024-2031

Description

Persistence Market Research provides a comprehensive analysis of the global tankless water heater market, offering insights into its growth drivers, challenges, and emerging trends. This detailed report includes exclusive data and statistics projecting the market's trajectory from 2024 to 2031.

Key Insights:

Tankless Water Heater Market Size (2024E): US$ 4.52 Bn
Projected Market Value (2031F): US$ 6.38 Bn
Global Market Growth Rate (CAGR 2024 to 2031): 5.04%

Tankless Water Heater Market - Report Scope:

Tankless water heaters, also known as on-demand water heaters, provide hot water instantly without the need for a storage tank, offering energy efficiency, space-saving benefits, and continuous hot water supply. These systems are gaining popularity in residential, commercial, and industrial applications due to their compact design, eco-friendly operation, and cost-saving advantages. The global tankless water heater market is primarily driven by factors such as increasing demand for energy-efficient appliances, growing awareness of sustainability, and advancements in technology.

Market Growth Drivers:

The global tankless water heater market is propelled by several factors, including the rising adoption of energy-efficient solutions to reduce utility bills and minimize environmental impact. Tankless water heaters consume less energy compared to traditional storage water heaters, as they heat water only when needed, eliminating standby heat loss. Moreover, the compact size and flexible installation options of tankless systems make them suitable for both residential and commercial applications, driving market demand. Additionally, technological innovations such as condensing technology, smart controls, and Wi-Fi connectivity enhance the performance and convenience of tankless water heaters, further fueling market growth.

Market Restraints:

Despite their advantages, tankless water heaters face challenges such as higher upfront costs compared to conventional water heaters, which may deter price-sensitive consumers from adoption. Additionally, the need for adequate flow rates and pressure to ensure optimal performance of tankless systems may require modifications to existing plumbing infrastructure, adding to installation complexity and costs. Furthermore, variations in water quality and temperature may affect the efficiency and longevity of tankless water heaters, necessitating regular maintenance and occasional descaling. Moreover, consumer preferences for familiar technologies and concerns about reliability and durability may hinder market growth in certain regions.

Market Opportunities:

The tankless water heater market presents opportunities for growth and innovation driven by advancements in technology, product diversification, and market expansion initiatives. Manufacturers are investing in research and development to introduce innovative features such as hybrid systems, integrated recirculation pumps, and advanced water filtration options to address consumer needs and preferences. Furthermore, the growing trend of smart homes and connected appliances creates opportunities for tankless water heaters with remote monitoring, scheduling capabilities, and energy management features. Moreover, government initiatives, incentives, and regulations promoting energy efficiency and sustainable living encourage the adoption of tankless water heaters, especially in regions facing water scarcity and environmental challenges.

Key Questions Answered in the Report:

What are the primary applications driving the growth of the tankless water heater market?
Which regions are witnessing the highest adoption of tankless water heating technology, and what factors contribute to market expansion?
How do technological advancements and regulatory frameworks influence product development and market dynamics?
Who are the key players dominating the tankless water heater market, and what are their strategies for growth and market penetration?
What are the emerging trends and future prospects in the global tankless water heater market?

Competitive Intelligence and Business Strategy:

Leading players in the tankless water heater market employ strategies such as product innovation, strategic partnerships, and geographic expansion to maintain their competitive edge and gain market share. Companies such as Rheem Manufacturing Company, Rinnai Corporation, A.O. Smith Corporation, and Navien Inc. focus on developing high-efficiency, eco-friendly tankless water heating solutions tailored to specific customer segments and applications. Moreover, strategic collaborations with utilities, home builders, and distribution channels enable manufacturers to expand their market reach and enhance brand visibility. In summary, a combination of innovation, strategic alliances, and market diversification strategies ensures sustained growth and competitiveness in the dynamic tankless water heater market.

Key Companies Profiled:

Rheem Manufacturing Company
Rinnai Corporation
A.O. Smith Corporation
Navien Inc.
Bradford White Corporation
Noritz America Corporation
Stiebel Eltron GmbH & Co. KG
Bosch Thermotechnology Corporation
Takagi Industrial Co., Ltd.
EcoSmart Green Energy Products, Inc.

Tankless Water Heater Market Research Segmentation:

Tankless Water Heater Market by Technology Type:

Condensing Tankless Water Heaters
Non-Condensing Tankless Water Heaters

Tankless Water Heater Market by Energy Factor:

0 to 0.79 EF
0.80 to 0.89 EF
0.90 EF and Above

Tankless Water Heater Market by Energy Source:

Electric Tankless Water Heaters
Gas Tankless Water Heaters

Tankless Water Heater Market by Application:

Indoor Tankless Water Heaters
Outdoor Tankless Water Heaters

Tankless Water Heater Market by End User:

Residential Tankless Water Heaters
Commercial Tankless Water Heaters

Tankless Water Heater Market by Sales Channel:

Hypermarkets/ Supermarkets
Specialty Stores
Consumer Electronic Stores
Online Retailers
Direct Sales
Other Sales Channels

Tankless Water Heater Market by Region:

North America
Europe
Asia Pacific
Latin America
Middle East & Africa

Product Code: PMRREP3286

1. Executive Summary

1.1. Global Market Outlook
1.2. Summary of Key Statistics
1.3. Summary of Key Findings
1.4. Product Evolution Analysis
1.5. PMR Analysis and Recommendations

2. Market Overview

2.1. Market Taxonomy
2.2. Market Definition

3. Key Market Trends

3.1. Key Trends Impacting the Market
- 3.1.1. Strengthening sales and Distribution through e-Commerce
- 3.1.2. Mergers and Acquisitions
- 3.1.3. Extremely precise temperature control
- 3.1.4. Development of multi-utility systems
- 3.1.5. Growth in demand for solar water heating systems
3.2. Product Innovation Trends
- 3.2.1. Introduction of Innovative Products with Multiple Features
- 3.2.2. Added Value for Customer
- 3.2.3. Evolution in Product Design
3.3. Future Prospects of Tankless Water Heater Industry
- 3.3.1. Factors Fuelling Growth
- 3.3.2. Influx of Brands
- 3.3.3. Innovative Distribution & Marketing Strategies
- 3.3.4. Mergers & Acquisitions

4. Global Tankless Water Heater Market Demand Analysis 2019-2023 and Forecast, 2024-2031

4.1. Historical Market Volume (Units) Analysis, 2019-2023
4.2. Current and Future Market Volume (Units) Projections, 2024-2031
4.3. Y-o-Y Growth Trend Analysis

5. Global Tankless Water Heater Market - Pricing Analysis

5.1. Regional Pricing Analysis By Energy Source
5.2. Pricing Break-up
- 5.2.1. Manufacturer Level Pricing
- 5.2.2. Distributor Level Pricing

6. Global Tankless Water Heater Market Demand (in Value or Size in US$ Mn) Analysis 2019-2023 and Forecast, 2024-2031

6.1. Historical Market Value (US$ Mn) Analysis, 2019-2023
6.2. Current and Future Market Value (US$ Mn) Projections, 2024-2031
- 6.2.1. Y-o-Y Growth Trend Analysis
- 6.2.2. Absolute $ Opportunity Analysis

7. Market Background

7.1. Macro-Economic Factors
- 7.1.1. Global GDP Growth Outlook
- 7.1.2. Consumer Buying Behaviour Analysis
- 7.1.3. Global Consumer Spending Outlook
- 7.1.4. Global Households Disposable Income Outlook
- 7.1.5. Per Capita Spending on tankless water heater
- 7.1.6. Foreign Investment Outlook
- 7.1.7. Changing Retail Landscape
- 7.1.8. E-Commerce Importance To GDP
- 7.1.9. Impact of COID-19 on Tankless Water Heater
- 7.1.10. Others
7.2. Forecast Factors - Relevance & Impact
- 7.2.1. Top Companies Historical Growth
- 7.2.2. Water Heater Industry Outlook
- 7.2.3. Economic Transformation In Rural Areas
- 7.2.4. E-commerce Market Outlook
- 7.2.5. GDP Growth Rate Analysis
- 7.2.6. Contributions To GDP Growth
- 7.2.7. Urbanization Growth Outlook
- 7.2.8. Manufacturing Sector GVA
- 7.2.9. Export Price Growth Rates
- 7.2.10. Others
7.3. Industry Value and Supply Chain Analysis
- 7.3.1. Profit Margin Analysis at each sales point
- 7.3.2. List & role of key participants
  - 7.3.2.1. Manufacturers
  - 7.3.2.2. Distributors/Retailers
  - 7.3.2.3. List of Private Label Brands
7.4. PESTLE Analysis of Tankless Water Heater Market
7.5. Investment Feasibility Matrix of Tankless Water Heater Market
7.6. Porter's Five Force Analysis
7.7. Market Dynamics
- 7.7.1. Drivers
- 7.7.2. Restraints
- 7.7.3. Opportunity Analysis

8. Global Tankless Water Heater Market Analysis 2019-2023 and Forecast 2024-2031, By Energy Source

8.1. Introduction / Key Findings
8.2. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Energy Source, 2019-2023
8.3. Current and Future Market Size (US$ Mn) and Volume (Units) Analysis and Forecast By Energy Source, 2024-2031
- 8.3.1. Electric
- 8.3.2. Gas
8.4. Market Attractiveness Analysis By Energy Source

9. Global Tankless Water Heater Market Analysis 2019-2023 and Forecast 2024-2031, By Technology Type

9.1. Introduction / Key Findings
9.2. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Technology Type, 2019-2023
9.3. Current and Future Market Size (US$ Mn) and Volume (Units) Analysis and Forecast By Technology Type, 2024-2031
- 9.3.1. Condensing
- 9.3.2. Non-Condensing
9.4. Market Attractiveness Analysis By Technology Type

10. Global Tankless Water Heater Market Analysis 2019-2023 and Forecast 2024-2031, by Energy Factor

10.1. Introduction / Key Findings
10.2. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Energy Factor, 2019-2023
10.3. Current and Future Market Size (US$ Mn) and Volume (Units) Analysis and Forecast By Energy Factor, 2024-2031
- 10.3.1. 0 to 0.79 EF
- 10.3.2. 0.80 to 0.89 EF
- 10.3.3. 0.90 EF and Above
10.4. Market Attractiveness Analysis By Energy Factor

11. Global Tankless Water Heater Market Analysis 2019-2023 and Forecast 2024-2031, by Application

11.1. Introduction / Key Findings
11.2. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Application, 2019-2023
11.3. Current and Future Market Size (US$ Mn) and Volume (Units) Analysis and Forecast By Application, 2024-2031
- 11.3.1. Indoor
- 11.3.2. Outdoor
11.4. Market Attractiveness Analysis By Application

12. Global Tankless Water Heater Market Analysis 2019-2023 and Forecast 2024-2031, by End-User

12.1. Introduction / Key Findings
12.2. Historical Market Size (US$ Mn) and Volume (Units) Analysis By End-User, 2019-2023
12.3. Current and Future Market Size (US$ Mn) and Volume (Units) Analysis and Forecast By End-User, 2024-2031
- 12.3.1. Residential
- 12.3.2. Commercial
12.4. Market Attractiveness Analysis By End-User

13. Global Tankless Water Heater Market Analysis 2019-2023 and Forecast 2024-2031, by Sales Channel

13.1. Introduction / Key Findings
13.2. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Sales Channel, 2019-2023
13.3. Current and Future Market Size (US$ Mn) and Volume (Units) Analysis and Forecast By Sales Channel, 2024-2031
- 13.3.1. Direct Sales
- 13.3.2. Supermarkets/Hypermarkets
- 13.3.3. Specialty Stores
- 13.3.4. Consumer Electronic Stores
- 13.3.5. Online Retailers
- 13.3.6. Other Sales Channel
13.4. Market Attractiveness Analysis By Sales Channel

14. Global Tankless Water Heater Market Analysis 2019-2023 and Forecast 2024-2031, by Region

14.1. Introduction
14.2. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Region, 2019-2023
14.3. Current Market Size (US$ Mn) and Volume (Units) Analysis and Forecast By Region, 2024-2031
- 14.3.1. North America
- 14.3.2. Latin America
- 14.3.3. Europe
- 14.3.4. East Asia
- 14.3.5. South Asia
- 14.3.6. Oceania
- 14.3.7. MEA
14.4. Market Attractiveness Analysis By Region

15. North America Tankless Water Heater Market Analysis 2019-2023 and Forecast 2024-2031

15.1. Introduction
15.2. Pricing Analysis
15.3. Historical Market Size (US$ Mn) and Volume Trend (Units) Analysis By Market Taxonomy, 2019-2023
15.4. Market Size (US$ Mn) and Volume (Units) Forecast By Market Taxonomy, 2024-2031
- 15.4.1. By Country
  - 15.4.1.1. U.S.
  - 15.4.1.2. Canada
- 15.4.2. By Technology Type
- 15.4.3. By Energy Source
- 15.4.4. By Energy Factor
- 15.4.5. By Application
- 15.4.6. By End-User
- 15.4.7. By Sales Channel
15.5. Market Attractiveness Analysis
- 15.5.1. By Country
- 15.5.2. By Technology Type
- 15.5.3. By Energy Source
- 15.5.4. By Energy Factor
- 15.5.5. By Application
- 15.5.6. By End-User
- 15.5.7. By Sales Channel

16. Latin America Tankless Water Heater Market Analysis 2019-2023 and Forecast 2024-2031

16.1. Introduction
16.2. Pricing Analysis
16.3. Historical Market Size (US$ Mn) and Volume Trend (Units) Analysis By Market Taxonomy, 2019-2023
16.4. Market Size (US$ Mn) and Volume (Units) Forecast By Market Taxonomy, 2024-2031
- 16.4.1. By Country
  - 16.4.1.1. Mexico
  - 16.4.1.2. Brazil
  - 16.4.1.3. Rest of Latin America
- 16.4.2. By Technology Type
- 16.4.3. By Energy Source
- 16.4.4. By Energy Factor
- 16.4.5. By Application
- 16.4.6. By End-User
- 16.4.7. By Sales Channel
16.5. Market Attractiveness Analysis
- 16.5.1. By Country
- 16.5.2. By Technology Type
- 16.5.3. By Energy Source
- 16.5.4. By Energy Factor
- 16.5.5. By Application
- 16.5.6. By End-User
- 16.5.7. By Sales Channel

17. Europe Tankless Water Heater Market Analysis 2019-2023 and Forecast 2024-2031

17.1. Introduction
17.2. Pricing Analysis
17.3. Historical Market Size (US$ Mn) and Volume Trend (Units) Analysis By Market Taxonomy, 2019-2023
17.4. Market Size (US$ Mn) and Volume (Units) Forecast By Market Taxonomy, 2024-2031
- 17.4.1. By Country
  - 17.4.1.1. Germany
  - 17.4.1.2. Italy
  - 17.4.1.3. France
  - 17.4.1.4. UK
  - 17.4.1.5. Spain
  - 17.4.1.6. Rest of Europe
- 17.4.2. By Technology Type
- 17.4.3. By Energy Source
- 17.4.4. By Energy Factor
- 17.4.5. By Application
- 17.4.6. By End-User
- 17.4.7. By Sales Channel
17.5. Market Attractiveness Analysis
- 17.5.1. By Country
- 17.5.2. By Technology Type
- 17.5.3. By Energy Source
- 17.5.4. By Energy Factor
- 17.5.5. By Application
- 17.5.6. By End-User
- 17.5.7. By Sales Channel

18. East Asia Tankless Water Heater Market Analysis 2019-2023 and Forecast 2024-2031

18.1. Introduction
18.2. Pricing Analysis
18.3. Historical Market Size (US$ Mn) and Volume Trend (Units) Analysis By Market Taxonomy, 2019-2023
18.4. Market Size (US$ Mn) and Volume (Units) Forecast By Market Taxonomy, 2024-2031
- 18.4.1. By Country
  - 18.4.1.1. China
  - 18.4.1.2. Japan
  - 18.4.1.3. South Korea
- 18.4.2. By Technology Type
- 18.4.3. By Energy Source
- 18.4.4. By Energy Factor
- 18.4.5. By Application
- 18.4.6. By End-User
- 18.4.7. By Sales Channel
18.5. Market Attractiveness Analysis
- 18.5.1. By Country
- 18.5.2. By Technology Type
- 18.5.3. By Energy Source
- 18.5.4. By Energy Factor
- 18.5.5. By Application
- 18.5.6. By End-User
- 18.5.7. By Sales Channel

19. South Asia Tankless Water Heater Market Analysis 2019-2023 and Forecast 2024-2031

19.1. Introduction
19.2. Pricing Analysis
19.3. Historical Market Size (US$ Mn) and Volume Trend (Units) Analysis By Market Taxonomy, 2019-2023
19.4. Market Size (US$ Mn) and Volume (Units) Forecast By Market Taxonomy, 2024-2031
- 19.4.1. By Country
  - 19.4.1.1. India
  - 19.4.1.2. Thailand
  - 19.4.1.3. Indonesia
  - 19.4.1.4. Malaysia
  - 19.4.1.5. Rest of South Asia
- 19.4.2. By Technology Type
- 19.4.3. By Energy Source
- 19.4.4. By Energy Factor
- 19.4.5. By Application
- 19.4.6. By End-User
- 19.4.7. By Sales Channel
19.5. Market Attractiveness Analysis
- 19.5.1. By Country
- 19.5.2. By Technology Type
- 19.5.3. By Energy Source
- 19.5.4. By Energy Factor
- 19.5.5. By Application
- 19.5.6. By End-User
- 19.5.7. By Sales Channel

20. Oceania Tankless Water Heater Market Analysis 2019-2023 and Forecast 2024-2031

20.1. Introduction
20.2. Pricing Analysis
20.3. Historical Market Size (US$ Mn) and Volume Trend (Units) Analysis By Market Taxonomy, 2019-2023
20.4. Market Size (US$ Mn) and Volume (Units) Forecast By Market Taxonomy, 2024-2031
- 20.4.1. By Country
  - 20.4.1.1. Australia
  - 20.4.1.2. New Zealand
- 20.4.2. By Technology Type
- 20.4.3. By Energy Source
- 20.4.4. By Energy Factor
- 20.4.5. By Application
- 20.4.6. By End-User
- 20.4.7. By Sales Channel
20.5. Market Attractiveness Analysis
- 20.5.1. By Country
- 20.5.2. By Technology Type
- 20.5.3. By Energy Source
- 20.5.4. By Energy Factor
- 20.5.5. By Application
- 20.5.6. By End-User
- 20.5.7. By Sales Channel

21. MEA Tankless Water Heater Market Analysis 2019-2023 and Forecast 2024-2031

21.1. Introduction
21.2. Pricing Analysis
21.3. Historical Market Size (US$ Mn) and Volume Trend (Units) Analysis By Market Taxonomy, 2019-2023
21.4. Market Size (US$ Mn) and Volume (Units) Forecast By Market Taxonomy, 2024-2031
- 21.4.1. By Country
  - 21.4.1.1. GCC Countries
  - 21.4.1.2. Northern Africa
  - 21.4.1.3. South Africa
  - 21.4.1.4. Rest of MEA
- 21.4.2. By Technology Type
- 21.4.3. By Energy Source
- 21.4.4. By Energy Factor
- 21.4.5. By Application
- 21.4.6. By End-User
- 21.4.7. By Sales Channel
21.5. Market Attractiveness Analysis
- 21.5.1. By Country
- 21.5.2. By Technology Type
- 21.5.3. By Energy Source
- 21.5.4. By Energy Factor
- 21.5.5. By Application
- 21.5.6. By End-User
- 21.5.7. By Sales Channel

22. Key Countries Tankless Water Heater Market Analysis 2023

22.1. Introduction
- 22.1.1. Market Value Proportion Analysis, By Key Countries
- 22.1.2. Global Vs. Country Growth Comparison
22.2. U.S. Tankless Water Heater Market Analysis
- 22.2.1. By Technology Type
- 22.2.2. By End-user
- 22.2.3. By Energy Source
- 22.2.4. By Energy Factor
- 22.2.5. By Application
- 22.2.6. By Sales Channel
22.3. Canada Tankless Water Heater Market Analysis
- 22.3.1. By Technology Type
- 22.3.2. By End-user
- 22.3.3. By Energy Source
- 22.3.4. By Energy Factor
- 22.3.5. By Application
- 22.3.6. By Sales Channel
22.4. Mexico Tankless Water Heater Market Analysis
- 22.4.1. By Technology Type
- 22.4.2. By End-user
- 22.4.3. By Energy Source
- 22.4.4. By Energy Factor
- 22.4.5. By Application
- 22.4.6. By Sales Channel
22.5. Brazil Tankless Water Heater Market Analysis
- 22.5.1. By Technology Type
- 22.5.2. By End-user
- 22.5.3. By Energy Source
- 22.5.4. By Energy Factor
- 22.5.5. By Application
- 22.5.6. By Sales Channel
22.6. Germany Tankless Water Heater Market Analysis
- 22.6.1. By Technology Type
- 22.6.2. By End-user
- 22.6.3. By Energy Source
- 22.6.4. By Energy Factor
- 22.6.5. By Application
- 22.6.6. By Sales Channel
22.7. Italy Tankless Water Heater Market Analysis
- 22.7.1. By Technology Type
- 22.7.2. By End-user
- 22.7.3. By Energy Source
- 22.7.4. By Energy Factor
- 22.7.5. By Application
- 22.7.6. By Sales Channel
22.8. France Tankless Water Heater Market Analysis
- 22.8.1. By Technology Type
- 22.8.2. By End-user
- 22.8.3. By Energy Source
- 22.8.4. By Energy Factor
- 22.8.5. By Application
- 22.8.6. By Sales Channel
22.9. China Tankless Water Heater Market Analysis
- 22.9.1. By Technology Type
- 22.9.2. By End-user
- 22.9.3. By Energy Source
- 22.9.4. By Energy Factor
- 22.9.5. By Application
- 22.9.6. By Sales Channel
22.10. Japan Tankless Water Heater Market Analysis
- 22.10.1. By Technology Type
- 22.10.2. By End-user
- 22.10.3. By Energy Source
- 22.10.4. By Energy Factor
- 22.10.5. By Application
- 22.10.6. By Sales Channel
22.11. India Tankless Water Heater Market Analysis
- 22.11.1. By Technology Type
- 22.11.2. By End-user
- 22.11.3. By Energy Source
- 22.11.4. By Energy Factor
- 22.11.5. By Application
- 22.11.6. By Sales Channel
22.12. Australia and New Zealand Tankless Water Heater Market Analysis
- 22.12.1. By Technology Type
- 22.12.2. By End-user
- 22.12.3. By Energy Source
- 22.12.4. By Energy Factor
- 22.12.5. By Application
- 22.12.6. By Sales Channel
22.13. South Africa Tankless Water Heater Market Analysis
- 22.13.1. By Technology Type
- 22.13.2. By End-user
- 22.13.3. By Energy Source
- 22.13.4. By Energy Factor
- 22.13.5. By Application
- 22.13.6. By Sales Channel

23. Market Structure Analysis

23.1. Market Analysis by Tier of Companies (Tankless Water Heater)
23.2. Market Concentration
23.3. Market Share Analysis of Top Players
23.4. Market Presence Analysis
- 23.4.1. By Regional footprint of Players
- 23.4.2. Product foot print by Players
- 23.4.3. Channel Foot Print by Players

24. Competition Analysis

24.1. Competition Dashboard
24.2. Pricing Analysis by Competition
24.3. Competition Benchmarking
24.4. Competition Deep Dive
- 24.4.1. A. O. Smith Corp.
  - 24.4.1.1. Overview
  - 24.4.1.2. Product Portfolio
  - 24.4.1.3. Profitability by Market Segments (Product/Channel/Region)
  - 24.4.1.4. Sales Footprint
  - 24.4.1.5. Strategy Overview
- 24.4.2. Ariston Thermo Spa
  - 24.4.2.1. Overview
  - 24.4.2.2. Product Portfolio
  - 24.4.2.3. Profitability by Market Segments (Product/Channel/Region)
  - 24.4.2.4. Sales Footprint
  - 24.4.2.5. Strategy Overview
- 24.4.3. Bradford White Corporation
  - 24.4.3.1. Overview
  - 24.4.3.2. Product Portfolio
  - 24.4.3.3. Profitability by Market Segments (Product/Channel/Region)
  - 24.4.3.4. Sales Footprint
  - 24.4.3.5. Strategy Overview
- 24.4.4. Haier Smart Home Co Ltd.
  - 24.4.4.1. Overview
  - 24.4.4.2. Product Portfolio
  - 24.4.4.3. Profitability by Market Segments (Product/Channel/Region)
  - 24.4.4.4. Sales Footprint
  - 24.4.4.5. Strategy Overview
- 24.4.5. NORITZ Corp.
  - 24.4.5.1. Overview
  - 24.4.5.2. Product Portfolio
  - 24.4.5.3. Profitability by Market Segments (Product/Channel/Region)
  - 24.4.5.4. Sales Footprint
  - 24.4.5.5. Strategy Overview
- 24.4.6. Rheem Manufacturing Co.
  - 24.4.6.1. Overview
  - 24.4.6.2. Product Portfolio
  - 24.4.6.3. Profitability by Market Segments (Product/Channel/Region)
  - 24.4.6.4. Sales Footprint
  - 24.4.6.5. Strategy Overview
- 24.4.7. Rinnai Corporation
  - 24.4.7.1. Overview
  - 24.4.7.2. Product Portfolio
  - 24.4.7.3. Profitability by Market Segments (Product/Channel/Region)
  - 24.4.7.4. Sales Footprint
  - 24.4.7.5. Strategy Overview
- 24.4.8. Robert Bosch GmbH
  - 24.4.8.1. Overview
  - 24.4.8.2. Product Portfolio
  - 24.4.8.3. Profitability by Market Segments (Product/Channel/Region)
  - 24.4.8.4. Sales Footprint
  - 24.4.8.5. Strategy Overview
- 24.4.9. Bradford White Corporation
  - 24.4.9.1. Overview
  - 24.4.9.2. Product Portfolio
  - 24.4.9.3. Profitability by Market Segments (Product/Channel/Region)
  - 24.4.9.4. Sales Footprint
  - 24.4.9.5. Strategy Overview
- 24.4.10. Bajaj Electricals Ltd.
  - 24.4.10.1. Overview
  - 24.4.10.2. Product Portfolio
  - 24.4.10.3. Profitability by Market Segments (Product/Channel/Region)
  - 24.4.10.4. Sales Footprint
  - 24.4.10.5. Strategy Overview
- 24.4.11. Kyungdong Navien Co. Ltd.
  - 24.4.11.1. Overview
  - 24.4.11.2. Product Portfolio
  - 24.4.11.3. Profitability by Market Segments (Product/Channel/Region)
  - 24.4.11.4. Sales Footprint
  - 24.4.11.5. Strategy Overview
- 24.4.12. Whirlpool Corporation
  - 24.4.12.1. Overview
  - 24.4.12.2. Product Portfolio
  - 24.4.12.3. Profitability by Market Segments (Product/Channel/Region)
  - 24.4.12.4. Sales Footprint
  - 24.4.12.5. Strategy Overview
- 24.4.13. Atmor
  - 24.4.13.1. Overview
  - 24.4.13.2. Product Portfolio
  - 24.4.13.3. Profitability by Market Segments (Product/Channel/Region)
  - 24.4.13.4. Sales Footprint
  - 24.4.13.5. Strategy Overview
- 24.4.14. Hubbell Electric Heater Company
  - 24.4.14.1. Overview
  - 24.4.14.2. Product Portfolio
  - 24.4.14.3. Profitability by Market Segments (Product/Channel/Region)
  - 24.4.14.4. Sales Footprint
  - 24.4.14.5. Strategy Overview
- 24.4.15. Stiebel Eltron Inc.
  - 24.4.15.1. Overview
  - 24.4.15.2. Product Portfolio
  - 24.4.15.3. Profitability by Market Segments (Product/Channel/Region)
  - 24.4.15.4. Sales Footprint
  - 24.4.15.5. Strategy Overview
- 24.4.16. EcoSmart Green Energy Products, Inc.
  - 24.4.16.1. Overview
  - 24.4.16.2. Product Portfolio
  - 24.4.16.3. Profitability by Market Segments (Product/Channel/Region)
  - 24.4.16.4. Sales Footprint
  - 24.4.16.5. Strategy Overview
- 24.4.17. Others (As per request)
  - 24.4.17.1. Overview
  - 24.4.17.2. Product Portfolio
  - 24.4.17.3. Profitability by Market Segments (Product/Channel/Region)
  - 24.4.17.4. Sales Footprint
  - 24.4.17.5. Strategy Overview