Companies Dominating the Residential Gas Storage Water Heater Landscape
- GE Appliances
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- Paloma Co., Ltd
- Bradford White
- State Water Heaters
- Navien
- O. Smith
- American Water Heater
- Stiebel Eltron
- Bosch
- Ariston Thermo Group
To cater to the changing needs of consumers, major players in the residential gas storage water heater market are always working to create new products and technologies. Leading companies in the market are making significant R&D investments to improve the effectiveness, robustness, and safety of their goods. The growing need for eco-friendly and energy-efficient appliances is propelling the growth of the residential gas storage water heater market. By employing cutting-edge technologies like electronic ignition systems and condensing heat exchangers, manufacturers are concentrating on lowering the carbon footprint of their goods.
Here are some leading players in the residential gas storage water heater market:
Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
The residential gas storage water heater market size was USD 14.8 billion in 2024.
The global residential gas storage water heater market size was US 14.8 billion in 2024 and is likely to reach USD 20 billion by the end of 2037, expanding at a CAGR of 2.4% over the forecast period, i.e., 2025-2037.
Paloma Co., Ltd, Bradford White, State Water Heaters, Navien, O. Smith, American Water Heater, Stiebel Eltron, Bosch, Ariston Thermo Group are some key players in the market.
The natural gas segment is expected to hold a leading share during the forecast period.
North America is projected to offer lucrative prospects with a share of 71% during the forecast period.
