Report overview
Indirect Water Heater is a kind of water heater, which generates more hot water than standard hot water heaters. An indirect water heater is one of the most cost effective ways to heat water because it eliminates the tremendous flue loss associated with gas-fired storage water heaters but without the hassles and extra costs of tankless gas water heaters. When used with a modern, high efficiency boiler, these energy savings hold true even in the summer when your boiler isn't needed for heat.
This report contains market size and forecasts of Indirect Water Heaters in global, including the following market information:
Global Indirect Water Heaters Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Indirect Water Heaters Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Indirect Water Heaters companies in 2021 (%)
The global Indirect Water Heaters market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Internal Coiled Type Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Indirect Water Heaters include The Marley-Wylain Company, A.O. Smith, Bradford White, Westinghouse Electric Corporation, Hubbell, PB Heat, LLC, U.S. Boiler Company, Triangle Tube and Heat Transfer Products(HTP), etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Indirect Water Heaters manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Indirect Water Heaters Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Indirect Water Heaters Market Segment Percentages, by Type, 2021 (%)
Internal Coiled Type
External Submerged Type
Global Indirect Water Heaters Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Indirect Water Heaters Market Segment Percentages, by Application, 2021 (%)
Residential
Commercial
Global Indirect Water Heaters Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Indirect Water Heaters Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Indirect Water Heaters revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Indirect Water Heaters revenues share in global market, 2021 (%)
Key companies Indirect Water Heaters sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Indirect Water Heaters sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
The Marley-Wylain Company
A.O. Smith
Bradford White
Westinghouse Electric Corporation
Hubbell
PB Heat, LLC
U.S. Boiler Company
Triangle Tube
Heat Transfer Products(HTP)
Heat-Flo
Bock Water Heaters
Niles Steel Tank
Rheem
