Commercial Water Heaters Market Growth Set to Double by 2030

Commercial
Water Heaters Market research report by Delvens focuses on primary
sections such as – market segments, market outlook, competitive landscape, and
company profiles. The segments provide details in terms of various perspectives
such as end-use industry, product or service type, and any other relevant
segmentation as per the market’s current scenario which includes various
aspects to perform further marketing activity. The Commercial Water Heaters
market size is projected to reach a CAGR of 6.2% to 2030.

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Commercial Water Heaters are similar to the residential
water heaters in the fact that both are used for the process of heating of
stored water. But to a difference commercial water heater can heat the water at
an exponential rate and can also handle a larger amount of water than the
residential one. These have an average life of about 10-15 years.

Raised investments in the sector along with the urgent need
of on-demand heating devices are some of the factors that have supported
long-term expansion for Commercial Water Heaters Market.

Regional Analysis

North America is the most rapidly growing market and offers
a huge opportunity for the industry, whose growth is driven by the presence of
key players in the region.

Recent Developments

Bradford White Corporation completely acquired Keltech with
an aim to expand its portfolio in commercial & industrial electric
products.

Key Players: Commercial
Water Heaters Market

·       
A.O. Smith Corporation

·       
American Water Heaters

·       
Ariston Thermo Group

·       
Bock Water Heaters, Inc.

·       
Bosch Industries

·       
Bradford White

·       
Daikin Industries, Ltd.

·       
Danfoss A/S

·       
Giant Manufacturing Co. Ltd.

·       
Jinyi Solar Water Heater

·       
Johnson Controls-Hitachi Air Conditioning

·       
Midea Group

·       
Mitsubishi Electric Corporation and More

Commercial Water
Heaters Market is segmented into product type, storage capacity, application
and region.

On the basis of
Capacity

·       
< 30 Liters

·       
30 - 100 Liters

·       
100 - 250 Liters

·       
250 - 400 Liters

·       
400 Liters

On the basis of
Application

·       
College/University

·       
Offices

·       
Government/Military

·       
Others

On the basis of
Region

·       
Asia Pacific

·       
North America

·       
Europe

·       
South America

·       
Middle East & Africa

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In addition to the
market data for Commercial Water Heaters Market, Delvens offers client-centric
report and customized according to the company’s specific demand and
requirement.

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