세계의 상업용 급탕기 시장 규모 분석 : 유형별, 용량별, 정격 출력별, 지역별 예측(2025-2035년)

The Global Commercial Water Heaters Market is valued at approximately USD 6.34 billion in 2024 and is projected to expand at a steady compound annual growth rate (CAGR) of 4.10% from 2025 to 2035. As businesses around the globe place a greater emphasis on operational efficiency and energy conservation, the adoption of advanced water heating technologies has surged dramatically. Commercial water heaters, being pivotal to several business operations - from hospitality and healthcare to manufacturing and institutional settings - are transitioning from traditional systems to smart, highly efficient, and environmentally friendly solutions. This shift is being driven not only by economic considerations but also by tightening regulatory frameworks around carbon emissions and building energy performance standards.

The increasing demand for hot water in high-traffic commercial environments, paired with growing preferences for tankless and solar-based heating solutions, is acting as a catalyst for innovation in the market. In particular, hybrid and heat pump water heaters are gaining substantial traction, owing to their ability to combine energy efficiency with lower lifetime operating costs. Meanwhile, the proliferation of digitally controlled and IoT-enabled systems is enabling facility managers to fine-tune energy use, reduce waste, and ensure timely maintenance - optimizing system lifespans and reducing downtime. Furthermore, incentives such as tax credits and rebate programs are encouraging businesses to upgrade their legacy water heating systems to modern, low-emission models.

From a regional perspective, North America currently holds a dominant position in the commercial water heaters market, thanks to stringent energy efficiency mandates, widespread retrofitting programs, and a highly urbanized infrastructure landscape. The United States, in particular, has seen accelerated replacement cycles as commercial buildings transition toward electrified water heating. Europe is following closely, driven by the European Green Deal and related initiatives targeting decarbonization of heating systems across industries. On the other hand, the Asia Pacific region is poised for the fastest growth in the forecast period. With booming construction in sectors like retail, hospitality, and healthcare in countries such as China, India, and Southeast Asian nations, the region is witnessing an escalating need for reliable hot water infrastructure. Additionally, governmental programs focused on renewable energy integration and energy conservation are expected to significantly propel product penetration across emerging economies.

Major market players included in this report are:

• A.O. Smith Corporation
• Bosch Thermotechnology
• Rheem Manufacturing Company
• Ariston Holding N.V.
• Rinnai Corporation
• Bradford White Corporation
• Noritz Corporation
• Stiebel Eltron GmbH & Co. KG
• Ferroli S.p.A
• Haier Group Corporation
• Lennox International Inc.
• Whirlpool Corporation
• Vaillant Group
• Viessmann Group
• Thermax Limited

Global Commercial Water Heaters Market Report Scope:

• Historical Data - 2023, 2024
• Base Year for Estimation - 2024
• Forecast period - 2025-2035
• Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
• Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
• Customization Scope - Free report customization (equivalent up to 8 analysts' working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values for the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within the countries involved in the study. The report also provides detailed information about crucial aspects, such as driving factors and challenges, which will define the future growth of the market. Additionally, it incorporates potential opportunities in micro-markets for stakeholders to invest, along with a detailed analysis of the competitive landscape and product offerings of key players. The detailed segments and sub-segments of the market are explained below:

By Type:

• Electric
• Gas
• Oil
• Heat Pump
• Solar
• Hybrid
• Others

By Liter:

• Below 500
• 500-1,000
• 1,000-3,000
• 3,000-4,000
• More than 4,000

By Rated Capacity:

• Up to 10kW
• 10-50kW
• 50-150kW
• More than 150kW

By Region:

• North America
• U.S.
• Canada
• Europe
• UK
• Germany
• France
• Spain
• Italy
• Rest of Europe
• Asia Pacific
• China
• India
• Japan
• Australia
• South Korea
• Rest of Asia Pacific
• Latin America
• Brazil
• Mexico
• Middle East & Africa
• UAE
• Saudi Arabia
• South Africa
• Rest of Middle East & Africa

Key Takeaways:

• Market Estimates & Forecast for 10 years from 2025 to 2035.
• Annualized revenues and regional level analysis for each market segment.
• Detailed analysis of geographical landscape with country-level analysis of major regions.
• Competitive landscape with information on major players in the market.
• Analysis of key business strategies and recommendations on future market approach.
• Analysis of competitive structure of the market.
• Demand side and supply side analysis of the market.

Table of Contents

Chapter 1. Global Commercial Water Heaters Market Report Scope & Methodology

• 1.1. Research Objective
• 1.2. Research Methodology
  • 1.2.1. Forecast Model
  • 1.2.2. Desk Research
  • 1.2.3. Top Down and Bottom-Up Approach
• 1.3. Research Attributes
• 1.4. Scope of the Study
  • 1.4.1. Market Definition
  • 1.4.2. Market Segmentation
• 1.5. Research Assumption
  • 1.5.1. Inclusion & Exclusion
  • 1.5.2. Limitations
  • 1.5.3. Years Considered for the Study

Chapter 2. Executive Summary

• 2.1. CEO/CXO Standpoint
• 2.2. Strategic Insights
• 2.3. ESG Analysis
• 2.4. Key Findings

Chapter 3. Global Commercial Water Heaters Market Forces Analysis (2024-2035)

• 3.1. Market Forces Shaping the Global Commercial Water Heaters Market
• 3.2. Drivers
  • 3.2.1. Increasing demand for energy-efficient and sustainable heating solutions
  • 3.2.2. Technological advancements in smart water heating systems
• 3.3. Restraints
  • 3.3.1. High installation and maintenance costs of advanced systems
  • 3.3.2. Limited adoption in cost-sensitive regions
• 3.4. Opportunities
  • 3.4.1. Government incentives and rebate programs promoting energy efficiency
  • 3.4.2. Rising commercial infrastructure investments across emerging economies

Chapter 4. Global Commercial Water Heaters Industry Analysis

• 4.1. Porter's Five Forces Model
  • 4.1.1. Bargaining Power of Buyers
  • 4.1.2. Bargaining Power of Suppliers
  • 4.1.3. Threat of New Entrants
  • 4.1.4. Threat of Substitutes
  • 4.1.5. Competitive Rivalry
• 4.2. Porter's Five Forces Forecast Model (2024-2035)
• 4.3. PESTEL Analysis
  • 4.3.1. Political
  • 4.3.2. Economic
  • 4.3.3. Social
  • 4.3.4. Technological
  • 4.3.5. Environmental
  • 4.3.6. Legal
• 4.4. Top Investment Opportunities
• 4.5. Top Winning Strategies (2025)
• 4.6. Market Share Analysis (2024-2025)
• 4.7. Global Pricing Analysis and Trends 2025
• 4.8. Analyst Recommendation & Conclusion

Chapter 5. Global Commercial Water Heaters Market Size & Forecasts by Type 2025-2035

• 5.1. Market Overview
• 5.2. Global Commercial Water Heaters Market Performance - Potential Analysis (2025)
• 5.3. Electric
  • 5.3.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
  • 5.3.2. Market Size Analysis, by Region, 2025-2035
• 5.4. Gas
• 5.5. Oil
• 5.6. Heat Pump
• 5.7. Solar
• 5.8. Hybrid
• 5.9. Others

Chapter 6. Global Commercial Water Heaters Market Size & Forecasts by Liter 2025-2035

• 6.1. Market Overview
• 6.2. Below 500
• 6.3. 500-1,000
• 6.4. 1,000-3,000
• 6.5. 3,000-4,000
• 6.6. More than 4,000

Chapter 7. Global Commercial Water Heaters Market Size & Forecasts by Rated Capacity 2025-2035

• 7.1. Market Overview
• 7.2. Up to 10kW
• 7.3. 10-50kW
• 7.4. 50-150kW
• 7.5. More than 150kW

Chapter 8. Global Commercial Water Heaters Market Size & Forecasts by Region 2025-2035

• 8.1. Commercial Water Heaters Market, Regional Market Snapshot
• 8.2. Top Leading & Emerging Countries
• 8.3. North America
  • 8.3.1. U.S.
    • 8.3.1.1. Type Breakdown Size & Forecasts, 2025-2035
    • 8.3.1.2. Liter Breakdown Size & Forecasts, 2025-2035
    • 8.3.1.3. Rated Capacity Breakdown Size & Forecasts, 2025-2035
  • 8.3.2. Canada
    • 8.3.2.1. Type Breakdown Size & Forecasts, 2025-2035
    • 8.3.2.2. Liter Breakdown Size & Forecasts, 2025-2035
    • 8.3.2.3. Rated Capacity Breakdown Size & Forecasts, 2025-2035
• 8.4. Europe
  • 8.4.1. UK
  • 8.4.2. Germany
  • 8.4.3. France
  • 8.4.4. Spain
  • 8.4.5. Italy
  • 8.4.6. Rest of Europe
• 8.5. Asia Pacific
  • 8.5.1. China
  • 8.5.2. India
  • 8.5.3. Japan
  • 8.5.4. Australia
  • 8.5.5. South Korea
  • 8.5.6. Rest of Asia Pacific
• 8.6. Latin America
  • 8.6.1. Brazil
  • 8.6.2. Mexico
• 8.7. Middle East & Africa
  • 8.7.1. UAE
  • 8.7.2. Saudi Arabia
  • 8.7.3. South Africa
  • 8.7.4. Rest of Middle East & Africa

Chapter 9. Competitive Intelligence

• 9.1. Top Market Strategies
• 9.2. A.O. Smith Corporation
  • 9.2.1. Company Overview
  • 9.2.2. Key Executives
  • 9.2.3. Company Snapshot
  • 9.2.4. Financial Performance (Subject to Data Availability)
  • 9.2.5. Product/Services Port
  • 9.2.6. Recent Development
  • 9.2.7. Market Strategies
  • 9.2.8. SWOT Analysis
• 9.3. Bosch Thermotechnology
• 9.4. Rheem Manufacturing Company
• 9.5. Ariston Holding N.V.
• 9.6. Rinnai Corporation
• 9.7. Bradford White Corporation
• 9.8. Noritz Corporation
• 9.9. Stiebel Eltron GmbH & Co. KG
• 9.10. Ferroli S.p.A
• 9.11. Haier Group Corporation
• 9.12. Lennox International Inc.
• 9.13. Whirlpool Corporation
• 9.14. Vaillant Group
• 9.15. Viessmann Group
• 9.16. Thermax Limited