The Latin America, Middle East and Africa Gas Water Heater Market would witness market growth of 8.3% CAGR during the forecast period (2022-2028).
LPG is one of the finest replacements for conventional electric water heaters, which consume far more energy than necessary to heat water. LPG is specifically designed for use in gas water heaters to quickly heat the water needed at any given time. The market is expanding as a result of the rising demand for convenience and on-demand hot water amenities in five-star hotels and other recreational facilities.
Extreme and unfavorable weather patterns across many different regions, coupled with the availability of numerous government incentives, are expected to accelerate market expansion. Another important element propelling the expansion of the gas water heater market is the accessibility of LPG cylinders for refueling. Construction, pharmaceutical, food and beverage, power, and agricultural industries all utilize water heaters, which is expected to drive the industry's expansion. Water heaters are used for producing steam, preventing frost, and heating water in the construction sector.
The center and southern regions of Argentina are frigid with regular frost and snowfall in winter. The surrounding oceans in the southern regions of the country temper the climate, resulting in colder weather that is less intense and lasts shorter periods of time than at equivalent latitudes within the northern hemisphere. The country's northern regions average 14 °C (57 °F), while the middle regions have colder average temperatures of 10 °C (50 °F). Average temperatures in the extreme south are below 4 °C (39 °F). Average winter temperatures in the Andes are below 0 °C (32 °F) at higher altitudes.
The Brazil market dominated the LAMEA Gas Water Heater Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $157.9 million by 2028. The Argentina market is experiencing a CAGR of 8.9% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 8% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Gas Water Heater Market is Predict to reach $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
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
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 LAMEA Gas Water Heater Market, 2018 - 2021, USD Million
TABLE 2 LAMEA Gas Water Heater Market, 2022 - 2028, USD Million
TABLE 3 LAMEA Gas Water Heater Market by Product Type, 2018 - 2021, USD Million
TABLE 4 LAMEA Gas Water Heater Market by Product Type, 2022 - 2028, USD Million
TABLE 5 LAMEA Instant Market by Country, 2018 - 2021, USD Million
TABLE 6 LAMEA Instant Market by Country, 2022 - 2028, USD Million
TABLE 7 LAMEA Storage Market by Country, 2018 - 2021, USD Million
TABLE 8 LAMEA Storage Market by Country, 2022 - 2028, USD Million
TABLE 9 LAMEA Gas Water Heater Market by Application, 2018 - 2021, USD Million
TABLE 10 LAMEA Gas Water Heater Market by Application, 2022 - 2028, USD Million
TABLE 11 LAMEA Commercial Market by Country, 2018 - 2021, USD Million
TABLE 12 LAMEA Commercial Market by Country, 2022 - 2028, USD Million
TABLE 13 LAMEA Residential Market by Country, 2018 - 2021, USD Million
TABLE 14 LAMEA Residential Market by Country, 2022 - 2028, USD Million
TABLE 15 LAMEA Industrial Market by Country, 2018 - 2021, USD Million
TABLE 16 LAMEA Industrial Market by Country, 2022 - 2028, USD Million
TABLE 17 LAMEA Gas Water Heater Market by Installation Type, 2018 - 2021, USD Million
TABLE 18 LAMEA Gas Water Heater Market by Installation Type, 2022 - 2028, USD Million
TABLE 19 LAMEA Indoor Market by Country, 2018 - 2021, USD Million
TABLE 20 LAMEA Indoor Market by Country, 2022 - 2028, USD Million
TABLE 21 LAMEA Outdoor Market by Country, 2018 - 2021, USD Million
TABLE 22 LAMEA Outdoor Market by Country, 2022 - 2028, USD Million
TABLE 23 LAMEA Gas Water Heater Market by Fuel Type, 2018 - 2021, USD Million
TABLE 24 LAMEA Gas Water Heater Market by Fuel Type, 2022 - 2028, USD Million
TABLE 25 LAMEA LPG Market by Country, 2018 - 2021, USD Million
TABLE 26 LAMEA LPG Market by Country, 2022 - 2028, USD Million
TABLE 27 LAMEA Natural Gas Market by Country, 2018 - 2021, USD Million
TABLE 28 LAMEA Natural Gas Market by Country, 2022 - 2028, USD Million
TABLE 29 LAMEA Gas Water Heater Market by Country, 2018 - 2021, USD Million
TABLE 30 LAMEA Gas Water Heater Market by Country, 2022 - 2028, USD Million
TABLE 31 Brazil Gas Water Heater Market, 2018 - 2021, USD Million
TABLE 32 Brazil Gas Water Heater Market, 2022 - 2028, USD Million
TABLE 33 Brazil Gas Water Heater Market by Product Type, 2018 - 2021, USD Million
TABLE 34 Brazil Gas Water Heater Market by Product Type, 2022 - 2028, USD Million
TABLE 35 Brazil Gas Water Heater Market by Application, 2018 - 2021, USD Million
TABLE 36 Brazil Gas Water Heater Market by Application, 2022 - 2028, USD Million
TABLE 37 Brazil Gas Water Heater Market by Installation Type, 2018 - 2021, USD Million
TABLE 38 Brazil Gas Water Heater Market by Installation Type, 2022 - 2028, USD Million
TABLE 39 Brazil Gas Water Heater Market by Fuel Type, 2018 - 2021, USD Million
TABLE 40 Brazil Gas Water Heater Market by Fuel Type, 2022 - 2028, USD Million
TABLE 41 Argentina Gas Water Heater Market, 2018 - 2021, USD Million
TABLE 42 Argentina Gas Water Heater Market, 2022 - 2028, USD Million
TABLE 43 Argentina Gas Water Heater Market by Product Type, 2018 - 2021, USD Million
TABLE 44 Argentina Gas Water Heater Market by Product Type, 2022 - 2028, USD Million
TABLE 45 Argentina Gas Water Heater Market by Application, 2018 - 2021, USD Million
TABLE 46 Argentina Gas Water Heater Market by Application, 2022 - 2028, USD Million
TABLE 47 Argentina Gas Water Heater Market by Installation Type, 2018 - 2021, USD Million
TABLE 48 Argentina Gas Water Heater Market by Installation Type, 2022 - 2028, USD Million
TABLE 49 Argentina Gas Water Heater Market by Fuel Type, 2018 - 2021, USD Million
TABLE 50 Argentina Gas Water Heater Market by Fuel Type, 2022 - 2028, USD Million
TABLE 51 UAE Gas Water Heater Market, 2018 - 2021, USD Million
TABLE 52 UAE Gas Water Heater Market, 2022 - 2028, USD Million
TABLE 53 UAE Gas Water Heater Market by Product Type, 2018 - 2021, USD Million
TABLE 54 UAE Gas Water Heater Market by Product Type, 2022 - 2028, USD Million
TABLE 55 UAE Gas Water Heater Market by Application, 2018 - 2021, USD Million
TABLE 56 UAE Gas Water Heater Market by Application, 2022 - 2028, USD Million
TABLE 57 UAE Gas Water Heater Market by Installation Type, 2018 - 2021, USD Million
TABLE 58 UAE Gas Water Heater Market by Installation Type, 2022 - 2028, USD Million
TABLE 59 UAE Gas Water Heater Market by Fuel Type, 2018 - 2021, USD Million
TABLE 60 UAE Gas Water Heater Market by Fuel Type, 2022 - 2028, USD Million
TABLE 61 Saudi Arabia Gas Water Heater Market, 2018 - 2021, USD Million
TABLE 62 Saudi Arabia Gas Water Heater Market, 2022 - 2028, USD Million
TABLE 63 Saudi Arabia Gas Water Heater Market by Product Type, 2018 - 2021, USD Million
TABLE 64 Saudi Arabia Gas Water Heater Market by Product Type, 2022 - 2028, USD Million
TABLE 65 Saudi Arabia Gas Water Heater Market by Application, 2018 - 2021, USD Million
TABLE 66 Saudi Arabia Gas Water Heater Market by Application, 2022 - 2028, USD Million
TABLE 67 Saudi Arabia Gas Water Heater Market by Installation Type, 2018 - 2021, USD Million
TABLE 68 Saudi Arabia Gas Water Heater Market by Installation Type, 2022 - 2028, USD Million
TABLE 69 Saudi Arabia Gas Water Heater Market by Fuel Type, 2018 - 2021, USD Million
TABLE 70 Saudi Arabia Gas Water Heater Market by Fuel Type, 2022 - 2028, USD Million
TABLE 71 South Africa Gas Water Heater Market, 2018 - 2021, USD Million
TABLE 72 South Africa Gas Water Heater Market, 2022 - 2028, USD Million
TABLE 73 South Africa Gas Water Heater Market by Product Type, 2018 - 2021, USD Million
TABLE 74 South Africa Gas Water Heater Market by Product Type, 2022 - 2028, USD Million
TABLE 75 South Africa Gas Water Heater Market by Application, 2018 - 2021, USD Million
TABLE 76 South Africa Gas Water Heater Market by Application, 2022 - 2028, USD Million
TABLE 77 South Africa Gas Water Heater Market by Installation Type, 2018 - 2021, USD Million
TABLE 78 South Africa Gas Water Heater Market by Installation Type, 2022 - 2028, USD Million
TABLE 79 South Africa Gas Water Heater Market by Fuel Type, 2018 - 2021, USD Million
TABLE 80 South Africa Gas Water Heater Market by Fuel Type, 2022 - 2028, USD Million
TABLE 81 Nigeria Gas Water Heater Market, 2018 - 2021, USD Million
TABLE 82 Nigeria Gas Water Heater Market, 2022 - 2028, USD Million
TABLE 83 Nigeria Gas Water Heater Market by Product Type, 2018 - 2021, USD Million
TABLE 84 Nigeria Gas Water Heater Market by Product Type, 2022 - 2028, USD Million
TABLE 85 Nigeria Gas Water Heater Market by Application, 2018 - 2021, USD Million
TABLE 86 Nigeria Gas Water Heater Market by Application, 2022 - 2028, USD Million
TABLE 87 Nigeria Gas Water Heater Market by Installation Type, 2018 - 2021, USD Million
TABLE 88 Nigeria Gas Water Heater Market by Installation Type, 2022 - 2028, USD Million
TABLE 89 Nigeria Gas Water Heater Market by Fuel Type, 2018 - 2021, USD Million
TABLE 90 Nigeria Gas Water Heater Market by Fuel Type, 2022 - 2028, USD Million
TABLE 91 Rest of LAMEA Gas Water Heater Market, 2018 - 2021, USD Million
TABLE 92 Rest of LAMEA Gas Water Heater Market, 2022 - 2028, USD Million
TABLE 93 Rest of LAMEA Gas Water Heater Market by Product Type, 2018 - 2021, USD Million
TABLE 94 Rest of LAMEA Gas Water Heater Market by Product Type, 2022 - 2028, USD Million
TABLE 95 Rest of LAMEA Gas Water Heater Market by Application, 2018 - 2021, USD Million
TABLE 96 Rest of LAMEA Gas Water Heater Market by Application, 2022 - 2028, USD Million
TABLE 97 Rest of LAMEA Gas Water Heater Market by Installation Type, 2018 - 2021, USD Million
TABLE 98 Rest of LAMEA Gas Water Heater Market by Installation Type, 2022 - 2028, USD Million
TABLE 99 Rest of LAMEA Gas Water Heater Market by Fuel Type, 2018 - 2021, USD Million
TABLE 100 Rest of LAMEA 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