The Asia Pacific Gas Water Heater Market would witness market growth of 6.6% CAGR during the forecast period (2022-2028).
The gas burner assembly, which can be accessed through a metal backplate on the bottom of the exterior casing of the water heater, receives gas from the gas regulator. The gas burner itself and the pilot light are both parts of this arrangement. The water heater's correct and energy-efficient operation depends on the pilot light or burner adjustment.
The gas flames need to be about half an inch high with blue tips. The thermocouple, a tiny valve that changes heat into an electrical impulse, is a crucial part of the pilot light. This element is referred to a flame sensor on more recent water heaters. Since it detects the presence of the pilot flame and stops gas from flowing towards the burner in case there is no pilot flame to spark it, the thermocouple, or flame sensor, is a crucial safety element. A thermocouple replacement is also a very simple task.
The consumption of electricity is very high in developing regional countries, like India. The Electricity Act of 2003 was passed and went into effect on June 15, 2003. The goal is to increase competition, safeguard consumer interests, and provide access to power to every citizen of the country. The Act includes provisions for rural electrification, a national electricity policy, open access to transmission and distribution that is phased in, mandated SERCs, license-free generation and distribution, power trading, required metering, and severe penalties for electricity theft.
The China market dominated the Asia Pacific Gas Water Heater Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,112.9 million by 2028. The Japan market is estimated to grow a CAGR of 5.9% during (2022 - 2028). Additionally, The India market would experience a CAGR of 7.2% during (2022 - 2028).
Based on Product Type, the market is segmented into Instant and Storage. Based on Application, the market is segmented into Commercial, Residential, and Industrial. Based on Installation Type, the market is segmented into Indoor and Outdoor. Based on Fuel Type, the market is segmented into LPG and Natural Gas. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Gas Water Heater Market is Projected to reach USD 10.4 Billion by 2028, at a CAGR of 6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Robert Bosch GmbH (Bosch Thermotechnology Corporation), A. O. Smith Corporation, Haier Smart Home Co., Ltd. (Haier Group Corporation), Lennox International, Inc., Rheem Manufacturing Company, Ariston Holding N.V., BDR Thermea Group, and Bradford White Corporation.
Scope of the Study
Market Segments Covered in the Report:
By Product Type
By Application
- Commercial
- Residential
- Industrial
By Installation Type
By Fuel Type
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Robert Bosch GmbH (Bosch Thermotechnology Corporation)
- A. O. Smith Corporation
- Haier Smart Home Co., Ltd. (Haier Group Corporation)
- Lennox International, Inc.
- Rheem Manufacturing Company
- Ariston Holding N.V.
- BDR Thermea Group
- Bradford White Corporation
TABLE 1 Asia Pacific Gas Water Heater Market, 2018 - 2021, USD Million
TABLE 2 Asia Pacific Gas Water Heater Market, 2022 - 2028, USD Million
TABLE 3 Asia Pacific Gas Water Heater Market by Product Type, 2018 - 2021, USD Million
TABLE 4 Asia Pacific Gas Water Heater Market by Product Type, 2022 - 2028, USD Million
TABLE 5 Asia Pacific Instant Market by Country, 2018 - 2021, USD Million
TABLE 6 Asia Pacific Instant Market by Country, 2022 - 2028, USD Million
TABLE 7 Asia Pacific Storage Market by Country, 2018 - 2021, USD Million
TABLE 8 Asia Pacific Storage Market by Country, 2022 - 2028, USD Million
TABLE 9 Asia Pacific Gas Water Heater Market by Application, 2018 - 2021, USD Million
TABLE 10 Asia Pacific Gas Water Heater Market by Application, 2022 - 2028, USD Million
TABLE 11 Asia Pacific Commercial Market by Country, 2018 - 2021, USD Million
TABLE 12 Asia Pacific Commercial Market by Country, 2022 - 2028, USD Million
TABLE 13 Asia Pacific Residential Market by Country, 2018 - 2021, USD Million
TABLE 14 Asia Pacific Residential Market by Country, 2022 - 2028, USD Million
TABLE 15 Asia Pacific Industrial Market by Country, 2018 - 2021, USD Million
TABLE 16 Asia Pacific Industrial Market by Country, 2022 - 2028, USD Million
TABLE 17 Asia Pacific Gas Water Heater Market by Installation Type, 2018 - 2021, USD Million
TABLE 18 Asia Pacific Gas Water Heater Market by Installation Type, 2022 - 2028, USD Million
TABLE 19 Asia Pacific Indoor Market by Country, 2018 - 2021, USD Million
TABLE 20 Asia Pacific Indoor Market by Country, 2022 - 2028, USD Million
TABLE 21 Asia Pacific Outdoor Market by Country, 2018 - 2021, USD Million
TABLE 22 Asia Pacific Outdoor Market by Country, 2022 - 2028, USD Million
TABLE 23 Asia Pacific Gas Water Heater Market by Fuel Type, 2018 - 2021, USD Million
TABLE 24 Asia Pacific Gas Water Heater Market by Fuel Type, 2022 - 2028, USD Million
TABLE 25 Asia Pacific LPG Market by Country, 2018 - 2021, USD Million
TABLE 26 Asia Pacific LPG Market by Country, 2022 - 2028, USD Million
TABLE 27 Asia Pacific Natural Gas Market by Country, 2018 - 2021, USD Million
TABLE 28 Asia Pacific Natural Gas Market by Country, 2022 - 2028, USD Million
TABLE 29 Asia Pacific Gas Water Heater Market by Country, 2018 - 2021, USD Million
TABLE 30 Asia Pacific Gas Water Heater Market by Country, 2022 - 2028, USD Million
TABLE 31 China Gas Water Heater Market, 2018 - 2021, USD Million
TABLE 32 China Gas Water Heater Market, 2022 - 2028, USD Million
TABLE 33 China Gas Water Heater Market by Product Type, 2018 - 2021, USD Million
TABLE 34 China Gas Water Heater Market by Product Type, 2022 - 2028, USD Million
TABLE 35 China Gas Water Heater Market by Application, 2018 - 2021, USD Million
TABLE 36 China Gas Water Heater Market by Application, 2022 - 2028, USD Million
TABLE 37 China Gas Water Heater Market by Installation Type, 2018 - 2021, USD Million
TABLE 38 China Gas Water Heater Market by Installation Type, 2022 - 2028, USD Million
TABLE 39 China Gas Water Heater Market by Fuel Type, 2018 - 2021, USD Million
TABLE 40 China Gas Water Heater Market by Fuel Type, 2022 - 2028, USD Million
TABLE 41 Japan Gas Water Heater Market, 2018 - 2021, USD Million
TABLE 42 Japan Gas Water Heater Market, 2022 - 2028, USD Million
TABLE 43 Japan Gas Water Heater Market by Product Type, 2018 - 2021, USD Million
TABLE 44 Japan Gas Water Heater Market by Product Type, 2022 - 2028, USD Million
TABLE 45 Japan Gas Water Heater Market by Application, 2018 - 2021, USD Million
TABLE 46 Japan Gas Water Heater Market by Application, 2022 - 2028, USD Million
TABLE 47 Japan Gas Water Heater Market by Installation Type, 2018 - 2021, USD Million
TABLE 48 Japan Gas Water Heater Market by Installation Type, 2022 - 2028, USD Million
TABLE 49 Japan Gas Water Heater Market by Fuel Type, 2018 - 2021, USD Million
TABLE 50 Japan Gas Water Heater Market by Fuel Type, 2022 - 2028, USD Million
TABLE 51 India Gas Water Heater Market, 2018 - 2021, USD Million
TABLE 52 India Gas Water Heater Market, 2022 - 2028, USD Million
TABLE 53 India Gas Water Heater Market by Product Type, 2018 - 2021, USD Million
TABLE 54 India Gas Water Heater Market by Product Type, 2022 - 2028, USD Million
TABLE 55 India Gas Water Heater Market by Application, 2018 - 2021, USD Million
TABLE 56 India Gas Water Heater Market by Application, 2022 - 2028, USD Million
TABLE 57 India Gas Water Heater Market by Installation Type, 2018 - 2021, USD Million
TABLE 58 India Gas Water Heater Market by Installation Type, 2022 - 2028, USD Million
TABLE 59 India Gas Water Heater Market by Fuel Type, 2018 - 2021, USD Million
TABLE 60 India Gas Water Heater Market by Fuel Type, 2022 - 2028, USD Million
TABLE 61 South Korea Gas Water Heater Market, 2018 - 2021, USD Million
TABLE 62 South Korea Gas Water Heater Market, 2022 - 2028, USD Million
TABLE 63 South Korea Gas Water Heater Market by Product Type, 2018 - 2021, USD Million
TABLE 64 South Korea Gas Water Heater Market by Product Type, 2022 - 2028, USD Million
TABLE 65 South Korea Gas Water Heater Market by Application, 2018 - 2021, USD Million
TABLE 66 South Korea Gas Water Heater Market by Application, 2022 - 2028, USD Million
TABLE 67 South Korea Gas Water Heater Market by Installation Type, 2018 - 2021, USD Million
TABLE 68 South Korea Gas Water Heater Market by Installation Type, 2022 - 2028, USD Million
TABLE 69 South Korea Gas Water Heater Market by Fuel Type, 2018 - 2021, USD Million
TABLE 70 South Korea Gas Water Heater Market by Fuel Type, 2022 - 2028, USD Million
TABLE 71 Singapore Gas Water Heater Market, 2018 - 2021, USD Million
TABLE 72 Singapore Gas Water Heater Market, 2022 - 2028, USD Million
TABLE 73 Singapore Gas Water Heater Market by Product Type, 2018 - 2021, USD Million
TABLE 74 Singapore Gas Water Heater Market by Product Type, 2022 - 2028, USD Million
TABLE 75 Singapore Gas Water Heater Market by Application, 2018 - 2021, USD Million
TABLE 76 Singapore Gas Water Heater Market by Application, 2022 - 2028, USD Million
TABLE 77 Singapore Gas Water Heater Market by Installation Type, 2018 - 2021, USD Million
TABLE 78 Singapore Gas Water Heater Market by Installation Type, 2022 - 2028, USD Million
TABLE 79 Singapore Gas Water Heater Market by Fuel Type, 2018 - 2021, USD Million
TABLE 80 Singapore Gas Water Heater Market by Fuel Type, 2022 - 2028, USD Million
TABLE 81 Malaysia Gas Water Heater Market, 2018 - 2021, USD Million
TABLE 82 Malaysia Gas Water Heater Market, 2022 - 2028, USD Million
TABLE 83 Malaysia Gas Water Heater Market by Product Type, 2018 - 2021, USD Million
TABLE 84 Malaysia Gas Water Heater Market by Product Type, 2022 - 2028, USD Million
TABLE 85 Malaysia Gas Water Heater Market by Application, 2018 - 2021, USD Million
TABLE 86 Malaysia Gas Water Heater Market by Application, 2022 - 2028, USD Million
TABLE 87 Malaysia Gas Water Heater Market by Installation Type, 2018 - 2021, USD Million
TABLE 88 Malaysia Gas Water Heater Market by Installation Type, 2022 - 2028, USD Million
TABLE 89 Malaysia Gas Water Heater Market by Fuel Type, 2018 - 2021, USD Million
TABLE 90 Malaysia Gas Water Heater Market by Fuel Type, 2022 - 2028, USD Million
TABLE 91 Rest of Asia Pacific Gas Water Heater Market, 2018 - 2021, USD Million
TABLE 92 Rest of Asia Pacific Gas Water Heater Market, 2022 - 2028, USD Million
TABLE 93 Rest of Asia Pacific Gas Water Heater Market by Product Type, 2018 - 2021, USD Million
TABLE 94 Rest of Asia Pacific Gas Water Heater Market by Product Type, 2022 - 2028, USD Million
TABLE 95 Rest of Asia Pacific Gas Water Heater Market by Application, 2018 - 2021, USD Million
TABLE 96 Rest of Asia Pacific Gas Water Heater Market by Application, 2022 - 2028, USD Million
TABLE 97 Rest of Asia Pacific Gas Water Heater Market by Installation Type, 2018 - 2021, USD Million
TABLE 98 Rest of Asia Pacific Gas Water Heater Market by Installation Type, 2022 - 2028, USD Million
TABLE 99 Rest of Asia Pacific Gas Water Heater Market by Fuel Type, 2018 - 2021, USD Million
TABLE 100 Rest of Asia Pacific Gas Water Heater Market by Fuel Type, 2022 - 2028, USD Million
TABLE 101 key information – Robert Bosch GmbH
TABLE 102 Key Information – A. O. Smith Corporation
TABLE 103 key information – Haier Smart Home Co., Ltd.
TABLE 104 Key information – Lennox International, Inc.
TABLE 105 Key Information – Rheem Manufacturing Company
TABLE 106 Key Information – Ariston Holding N.V.
TABLE 107 Key Information – BDR Thermea Group
TABLE 108 Key Information – Bradford White Corporation
List of Figures
FIG 1 Methodology for the research
FIG 2 Swot analysis: Robert Bosch GmbH