APO Research

APO RESEARCH · REPORT

Volumetric Natural Gas Water Heater

Selected research

Industry Growth & Trends

Global Volumetric Natural Gas Water Heater Industry Growth and Trends Forecast to 2032

Market perspective

The global Volumetric Natural Gas Water Heater market was valued at US$ million in 2026 and is projected to reach US$ million by 2032, implying a CAGR of xx% over 2026-2032.

The North America market for Volumetric Natural Gas Water Heater is projected to increase from US$ million in 2026 to US$ million by 2032, corresponding to a CAGR of % over 2026-2032.

The Europe market for Volumetric Natural Gas Water Heater is projected to increase from US$ million in 2026 to US$ million by 2032, registering a CAGR of % over 2026-2032.

Read the full market overview

The Asia Pacific market for Volumetric Natural Gas Water Heater is projected to increase from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026-2032.

Leading global manufacturers of Volumetric Natural Gas Water Heater include Bradford White Corporation, A. O. Smith, Rheem, American Standard Water Heaters, Thermann, State Industries, NORITZ CORPORATION, Rinnai and Fangkuai Boiler Co., Ltd, among others. In 2025, the top three vendors together accounted for approximately % of global revenue.

Report Scope

This report provides a structured, data-driven view of the global Volumetric Natural Gas Water Heater market, combining harmonized quantitative metrics with targeted qualitative insight to support business and growth strategy, market positioning, and capital allocation.

The Volumetric Natural Gas Water Heater market size, estimates, and forecasts are presented in terms of sales volume (units) and revenue (US$ million), with 2025 as the base year and historical and forecast data for 2021-2032. The report segments the global Volumetric Natural Gas Water Heater market by Type, Application, region/country, and company, provides regional market sizes at the segment level, profiles the competitive landscape and key players and their market ranks, and reviews technology trends and new product developments relevant to Volumetric Natural Gas Water Heater.

Key Companies & Market Share Insights

This section analyzes the strategies and performance of leading manufacturers in the global Volumetric Natural Gas Water Heater market, including portfolio focus, innovation and product development, mergers and acquisitions, collaborations, and geographic expansion used to sustain or enhance competitive positions. It also summarizes recent corporate developments and key financial indicators and provides global revenue, price, and sales volume data by manufacturer for 2020-2025, enabling benchmarking of scale, pricing, and market share and supporting assessment of market concentration through indicators such as CR5 and CR10.

Volumetric Natural Gas Water Heater Market by Company

Bradford White Corporation

A. O. Smith

Rheem

American Standard Water Heaters

Thermann

State Industries

NORITZ CORPORATION

Rinnai

Fangkuai Boiler Co., Ltd

SUNCGC

SOOPOEN

OTT

JIANG GONG HEAT ENERGY

Volumetric Natural Gas Water Heater Segment by Type

Vertical

Wall-mounted

Volumetric Natural Gas Water Heater Segment by Application

Home

Commercial

Volumetric Natural Gas Water Heater Segment by Region

North America

United States

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Spain

Netherlands

Switzerland

Sweden

Poland

Asia-Pacific

China

Japan

South Korea

India

Australia

Taiwan

Southeast Asia

South America

Brazil

Argentina

Chile

Middle East & Africa

Egypt

South Africa

Israel

Türkiye

GCC Countries

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Volumetric Natural Gas Water Heater market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.

2. This report will help stakeholders to understand the global industry status and trends of Volumetric Natural Gas Water Heater and provides them with information on key market drivers, restraints, challenges, and opportunities.

3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.

4. This report stays updated with novel technology integration, features, and the latest developments in the market.

5. This report helps stakeholders to gain insights into which regions to target globally.

6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Volumetric Natural Gas Water Heater.

7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.

Chapter 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 3: Detailed analysis of Volumetric Natural Gas Water Heater manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.

Chapter 4: Sales, revenue of Volumetric Natural Gas Water Heater in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.

Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.

Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.

Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.

Chapter 13: Concluding Insights of the report.

More report detail

Tables and figures
List of Tables Table 1. Major Company of Vertical Table 2. Major Company of Wall-mounted Table 3. Global Volumetric Natural Gas Water Heater Sales by Type (2021 VS 2025 VS 2032) & (US$ Million) Table 4. Global Volumetric Natural Gas Water Heater Sales by Type (2021-2026) & (units) Table 5. Global Volumetric Natural Gas Water Heater Sales Market Share in Volume by Type (2021-2026) Table 6. Global Volumetric Natural Gas Water Heater Sales by Type (2021-2026) & (US$ Million) Table 7. Global Volumetric Natural Gas Water Heater Sales Market Share in Value by Type (2021-2026) Table 8. Global Volumetric Natural Gas Water Heater Price by Type (2021-2026) & (USD/unit) Table 9. Global Volumetric Natural Gas Water Heater Sales by Type (2027-2032) & (units) Table 10. Global Volumetric Natural Gas Water Heater Sales Market Share in Volume by Type (2027-2032) Table 11. Global Volumetric Natural Gas Water Heater Sales by Type (2027-2032) & (US$ Million) Table 12. Global Volumetric Natural Gas Water Heater Sales Market Share in Value by Type (2027-2032) Table 13. Global Volumetric Natural Gas Water Heater Price by Type (2027-2032) & (USD/unit) Table 14. North America Volumetric Natural Gas Water Heater Sales by Type (2021-2026) & (units) Table 15. North America Volumetric Natural Gas Water Heater Sales by Type (2021-2026) & (US$ Million) Table 16. Europe Volumetric Natural Gas Water Heater Sales by Type (2021-2026) & (units) Table 17. Europe Volumetric Natural Gas Water Heater Sales by Type (2021-2026) & (US$ Million) Table 18. Asia-Pacific Volumetric Natural Gas Water Heater Sales by Type (2021-2026) & (units) Table 19. Asia-Pacific Volumetric Natural Gas Water Heater Sales by Type (2021-2026) & (US$ Million) Table 20. Latin America Volumetric Natural Gas Water Heater Sales by Type (2021-2026) & (units) Table 21. Latin America Volumetric Natural Gas Water Heater Sales by Type (2021-2026) & (US$ Million) Table 22. Middle East and Africa Volumetric Natural Gas Water Heater Sales by Type (2021-2026) & (units) Table 23. Middle East and Africa Volumetric Natural Gas Water Heater Sales by Type (2021-2026) & (US$ Million) Table 24. Volumetric Natural Gas Water Heater Industry Trends Table 25. Volumetric Natural Gas Water Heater Industry Drivers Table 26. Volumetric Natural Gas Water Heater Industry Opportunities and Challenges Table 27. Volumetric Natural Gas Water Heater Industry Restraints Table 28. Global Volumetric Natural Gas Water Heater Sales Revenue by Company (US$ Million) & (2021-2026) Table 29. Global Volumetric Natural Gas Water Heater Revenue Market Share by Company (2021-2026) Table 30. Global Volumetric Natural Gas Water Heater Sales by Company (2021-2026) & (units) Table 31. Global Volumetric Natural Gas Water Heater Sales Share by Company (2021-2026) Table 32. Global Volumetric Natural Gas Water Heater Market Price by Company (2021-2026) & (USD/unit) Table 33. Global Volumetric Natural Gas Water Heater Industry Company Ranking, 2024 VS 2025 VS 2026 Table 34. Global Volumetric Natural Gas Water Heater Major Company Production Sites and Headquarters Table 35. Global Volumetric Natural Gas Water Heater Company, Product Type & Application Table 36. Global Volumetric Natural Gas Water Heater Company Establishment Date Table 37. Global Company Market Concentration Ratio (CR5 and HHI) Table 38. Global Volumetric Natural Gas Water Heater by Company Type (Tier 1, Tier 2, and Tier 3) & (Based on the Revenue of 2025) Table 39. Global Volumetric Natural Gas Water Heater Market Size Comparison by Region (US$ Million): 2021 VS 2025 VS 2032 Table 40. Global Volumetric Natural Gas Water Heater Sales by Region (2021-2026) & (units) Table 41. Global Volumetric Natural Gas Water Heater Sales Market Share in Volume by Region (2021-2026) Table 42. Global Volumetric Natural Gas Water Heater Sales by Region (2021-2026) & (US$ Million) Table 43. Global Volumetric Natural Gas Water Heater Sales Market Share in Value by Region (2021-2026) Table 44. Global Volumetric Natural Gas Water Heater Sales (units), Value (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 45. Global Volumetric Natural Gas Water Heater Sales by Region (2027-2032) & (units) Table 46. Global Volumetric Natural Gas Water Heater Sales Market Share in Volume by Region (2027-2032) Table 47. Global Volumetric Natural Gas Water Heater Sales by Region (2027-2032) & (US$ Million) Table 48. Global Volumetric Natural Gas Water Heater Sales Market Share in Value by Region (2027-2032) Table 49. Global Volumetric Natural Gas Water Heater Sales (units), Value (US$ Million), Price (USD/unit) and Gross Margin (2027-2032) Table 50. Global Volumetric Natural Gas Water Heater Sales by Application (2021 VS 2025 VS 2032) & (US$ Million) Table 51. Global Volumetric Natural Gas Water Heater Sales by Application (2021-2026) & (units) Table 52. Global Volumetric Natural Gas Water Heater Sales Market Share in Volume by Application (2021-2026) Table 53. Global Volumetric Natural Gas Water Heater Sales by Application (2021-2026) & (US$ Million) Table 54. Global Volumetric Natural Gas Water Heater Sales Market Share in Value by Application (2021-2026) Table 55. Global Volumetric Natural Gas Water Heater Price by Application (2021-2026) & (USD/unit) Table 56. Global Volumetric Natural Gas Water Heater Sales by Application (2027-2032) & (units) Table 57. Global Volumetric Natural Gas Water Heater Sales Market Share in Volume by Application (2027-2032) Table 58. Global Volumetric Natural Gas Water Heater Sales by Application (2027-2032) & (US$ Million) Table 59. Global Volumetric Natural Gas Water Heater Sales Market Share in Value by Application (2027-2032) Table 60. Global Volumetric Natural Gas Water Heater Price by Application (2027-2032) & (USD/unit) Table 61. North America Volumetric Natural Gas Water Heater Sales by Application (2021-2026) & (units) Table 62. North America Volumetric Natural Gas Water Heater Sales by Application (2021-2026) & (US$ Million) Table 63. Europe Volumetric Natural Gas Water Heater Sales by Application (2021-2026) & (units) Table 64. Europe Volumetric Natural Gas Water Heater Sales by Application (2021-2026) & (US$ Million) Table 65. Asia-Pacific Volumetric Natural Gas Water Heater Sales by Application (2021-2026) & (units) Table 66. Asia-Pacific Volumetric Natural Gas Water Heater Sales by Application (2021-2026) & (US$ Million) Table 67. Latin America Volumetric Natural Gas Water Heater Sales by Application (2021-2026) & (units) Table 68. Latin America Volumetric Natural Gas Water Heater Sales by Application (2021-2026) & (US$ Million) Table 69. Middle East and Africa Volumetric Natural Gas Water Heater Sales by Application (2021-2026) & (units) Table 70. Middle East and Africa Volumetric Natural Gas Water Heater Sales by Application (2021-2026) & (US$ Million) Table 71. Bradford White Corporation Company Information Table 72. Bradford White Corporation Business Overview Table 73. Bradford White Corporation Volumetric Natural Gas Water Heater Sales (units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 74. Bradford White Corporation Volumetric Natural Gas Water Heater Product Portfolio Table 75. Bradford White Corporation Recent Development Table 76. A. O. Smith Company Information Table 77. A. O. Smith Business Overview Table 78. A. O. Smith Volumetric Natural Gas Water Heater Sales (units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 79. A. O. Smith Volumetric Natural Gas Water Heater Product Portfolio Table 80. A. O. Smith Recent Development Table 81. Rheem Company Information Table 82. Rheem Business Overview Table 83. Rheem Volumetric Natural Gas Water Heater Sales (units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 84. Rheem Volumetric Natural Gas Water Heater Product Portfolio Table 85. Rheem Recent Development Table 86. American Standard Water Heaters Company Information Table 87. American Standard Water Heaters Business Overview Table 88. American Standard Water Heaters Volumetric Natural Gas Water Heater Sales (units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 89. American Standard Water Heaters Volumetric Natural Gas Water Heater Product Portfolio Table 90. American Standard Water Heaters Recent Development Table 91. Thermann Company Information Table 92. Thermann Business Overview Table 93. Thermann Volumetric Natural Gas Water Heater Sales (units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 94. Thermann Volumetric Natural Gas Water Heater Product Portfolio Table 95. Thermann Recent Development Table 96. State Industries Company Information Table 97. State Industries Business Overview Table 98. State Industries Volumetric Natural Gas Water Heater Sales (units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 99. State Industries Volumetric Natural Gas Water Heater Product Portfolio Table 100. State Industries Recent Development Table 101. NORITZ CORPORATION Company Information Table 102. NORITZ CORPORATION Business Overview Table 103. NORITZ CORPORATION Volumetric Natural Gas Water Heater Sales (units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 104. NORITZ CORPORATION Volumetric Natural Gas Water Heater Product Portfolio Table 105. NORITZ CORPORATION Recent Development Table 106. Rinnai Company Information Table 107. Rinnai Business Overview Table 108. Rinnai Volumetric Natural Gas Water Heater Sales (units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 109. Rinnai Volumetric Natural Gas Water Heater Product Portfolio Table 110. Rinnai Recent Development Table 111. Fangkuai Boiler Co., Ltd Company Information Table 112. Fangkuai Boiler Co., Ltd Business Overview Table 113. Fangkuai Boiler Co., Ltd Volumetric Natural Gas Water Heater Sales (units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 114. Fangkuai Boiler Co., Ltd Volumetric Natural Gas Water Heater Product Portfolio Table 115. Fangkuai Boiler Co., Ltd Recent Development Table 116. SUNCGC Company Information Table 117. SUNCGC Business Overview Table 118. SUNCGC Volumetric Natural Gas Water Heater Sales (units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 119. SUNCGC Volumetric Natural Gas Water Heater Product Portfolio Table 120. SUNCGC Recent Development Table 121. SOOPOEN Company Information Table 122. SOOPOEN Business Overview Table 123. SOOPOEN Volumetric Natural Gas Water Heater Sales (units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 124. SOOPOEN Volumetric Natural Gas Water Heater Product Portfolio Table 125. SOOPOEN Recent Development Table 126. OTT Company Information Table 127. OTT Business Overview Table 128. OTT Volumetric Natural Gas Water Heater Sales (units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 129. OTT Volumetric Natural Gas Water Heater Product Portfolio Table 130. OTT Recent Development Table 131. JIANG GONG HEAT ENERGY Company Information Table 132. JIANG GONG HEAT ENERGY Business Overview Table 133. JIANG GONG HEAT ENERGY Volumetric Natural Gas Water Heater Sales (units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 134. JIANG GONG HEAT ENERGY Volumetric Natural Gas Water Heater Product Portfolio Table 135. JIANG GONG HEAT ENERGY Recent Development Table 136. North America Volumetric Natural Gas Water Heater Market Size Growth Rate (CAGR) by Country (units): 2021 VS 2025 VS 2032 Table 137. North America Volumetric Natural Gas Water Heater Sales by Country (2021-2026) & (units) Table 138. North America Volumetric Natural Gas Water Heater Sales Market Share by Country (2021-2026) Table 139. North America Volumetric Natural Gas Water Heater Sales Forecast by Country (2027-2032) & (units) Table 140. North America Volumetric Natural Gas Water Heater Sales Market Share Forecast by Country (2027-2032) Table 141. North America Volumetric Natural Gas Water Heater Market Size Growth Rate (CAGR) by Country (US$ Million): 2021 VS 2025 VS 2032 Table 142. North America Volumetric Natural Gas Water Heater Market Size by Country (2021-2026) & (US$ Million) Table 143. North America Volumetric Natural Gas Water Heater Market Share by Country (2021-2026) Table 144. North America Volumetric Natural Gas Water Heater Market Size Forecast by Country (2027-2032) & (US$ Million) Table 145. North America Volumetric Natural Gas Water Heater Market Share Forecast by Country (2027-2032) Table 146. Europe Volumetric Natural Gas Water Heater Market Size Growth Rate (CAGR) by Country (units): 2021 VS 2025 VS 2032 Table 147. Europe Volumetric Natural Gas Water Heater Sales by Country (2021-2026) & (units) Table 148. Europe Volumetric Natural Gas Water Heater Sales Market Share by Country (2021-2026) Table 149. Europe Volumetric Natural Gas Water Heater Sales Forecast by Country (2027-2032) & (units) Table 150. Europe Volumetric Natural Gas Water Heater Sales Market Share Forecast by Country (2027-2032) Table 151. Europe Volumetric Natural Gas Water Heater Market Size Growth Rate (CAGR) by Country (US$ Million): 2021 VS 2025 VS 2032 Table 152. Europe Volumetric Natural Gas Water Heater Market Size by Country (2021-2026) & (US$ Million) Table 153. Europe Volumetric Natural Gas Water Heater Market Share by Country (2021-2026) Table 154. Europe Volumetric Natural Gas Water Heater Market Size Forecast by Country (2027-2032) & (US$ Million) Table 155. Europe Volumetric Natural Gas Water Heater Market Share Forecast by Country (2027-2032) Table 156. Asia-Pacific Volumetric Natural Gas Water Heater Market Size Growth Rate (CAGR) by Country (units): 2021 VS 2025 VS 2032 Table 157. Asia-Pacific Volumetric Natural Gas Water Heater Sales by Country (2021-2026) & (units) Table 158. Asia-Pacific Volumetric Natural Gas Water Heater Sales Market Share by Country (2021-2026) Table 159. Asia-Pacific Volumetric Natural Gas Water Heater Sales Forecast by Country (2027-2032) & (units) Table 160. Asia-Pacific Volumetric Natural Gas Water Heater Sales Market Share Forecast by Country (2027-2032) Table 161. Asia-Pacific Volumetric Natural Gas Water Heater Market Size Growth Rate (CAGR) by Country (US$ Million): 2021 VS 2025 VS 2032 Table 162. Asia-Pacific Volumetric Natural Gas Water Heater Market Size by Country (2021-2026) & (US$ Million) Table 163. Asia-Pacific Volumetric Natural Gas Water Heater Market Share by Country (2021-2026) Table 164. Asia-Pacific Volumetric Natural Gas Water Heater Market Size Forecast by Country (2027-2032) & (US$ Million) Table 165. Asia-Pacific Volumetric Natural Gas Water Heater Market Share Forecast by Country (2027-2032) Table 166. Latin America Volumetric Natural Gas Water Heater Market Size Growth Rate (CAGR) by Country (units): 2021 VS 2025 VS 2032 Table 167. Latin America Volumetric Natural Gas Water Heater Sales by Country (2021-2026) & (units) Table 168. Latin America Volumetric Natural Gas Water Heater Sales Market Share by Country (2021-2026) Table 169. Latin America Volumetric Natural Gas Water Heater Sales Forecast by Country (2027-2032) & (units) Table 170. Latin America Volumetric Natural Gas Water Heater Sales Market Share Forecast by Country (2027-2032) Table 171. Latin America Volumetric Natural Gas Water Heater Market Size Growth Rate (CAGR) by Country (US$ Million): 2021 VS 2025 VS 2032 Table 172. Latin America Volumetric Natural Gas Water Heater Market Size by Country (2021-2026) & (US$ Million) Table 173. Latin America Volumetric Natural Gas Water Heater Market Share by Country (2021-2026) Table 174. Latin America Volumetric Natural Gas Water Heater Market Size Forecast by Country (2027-2032) & (US$ Million) Table 175. Latin America Volumetric Natural Gas Water Heater Market Share Forecast by Country (2027-2032) Table 176. Middle East and Africa Volumetric Natural Gas Water Heater Market Size Growth Rate (CAGR) by Country (units): 2021 VS 2025 VS 2032 Table 177. Middle East and Africa Volumetric Natural Gas Water Heater Sales by Country (2021-2026) & (units) Table 178. Middle East and Africa Volumetric Natural Gas Water Heater Sales Market Share by Country (2021-2026) Table 179. Middle East and Africa Volumetric Natural Gas Water Heater Sales Forecast by Country (2027-2032) & (units) Table 180. Middle East and Africa Volumetric Natural Gas Water Heater Sales Market Share Forecast by Country (2027-2032) Table 181. Middle East and Africa Volumetric Natural Gas Water Heater Market Size Growth Rate (CAGR) by Country (US$ Million): 2021 VS 2025 VS 2032 Table 182. Middle East and Africa Volumetric Natural Gas Water Heater Market Size by Country (2021-2026) & (US$ Million) Table 183. Middle East and Africa Volumetric Natural Gas Water Heater Market Share by Country (2021-2026) Table 184. Middle East and Africa Volumetric Natural Gas Water Heater Market Size Forecast by Country (2027-2032) & (US$ Million) Table 185. Middle East and Africa Volumetric Natural Gas Water Heater Market Share Forecast by Country (2027-2032) Table 186. Key Raw Materials Table 187. Raw Materials Key Suppliers Table 188. Volumetric Natural Gas Water Heater Distributors List Table 189. Volumetric Natural Gas Water Heater Customers List Table 190. Research Programs/Design for This Report Table 191. Authors List of This Report Table 192. Secondary Sources Table 193. Primary Sources List of Figures Figure 1. Volumetric Natural Gas Water Heater Image Figure 2. Global Volumetric Natural Gas Water Heater Market Size (US$ Million), 2021 VS 2025 VS 2032 Figure 3. Global Volumetric Natural Gas Water Heater Market Size (2021-2032) & (US$ Million) Figure 4. Global Volumetric Natural Gas Water Heater Sales (2021-2032) & (units) Figure 5. Vertical Image Figure 6. Global Vertical Sales YoY Growth (2021-2032) & (units) Figure 7. Wall-mounted Image Figure 8. Global Wall-mounted Sales YoY Growth (2021-2032) & (units) Figure 9. Global Volumetric Natural Gas Water Heater Market Size Overview by Type (2021-2032) & (US$ Million) Figure 10. Global Volumetric Natural Gas Water Heater Market Share by Type 2025 VS 2032 Figure 11. North America Volumetric Natural Gas Water Heater Sales Market Share in Volume by Type in 2025 Figure 12. North America Volumetric Natural Gas Water Heater Sales Market Share in Value by Type in 2025 Figure 13. Europe Volumetric Natural Gas Water Heater Sales Market Share in Volume by Type in 2025 Figure 14. Europe Volumetric Natural Gas Water Heater Sales Market Share in Value by Type in 2025 Figure 15. Asia-Pacific Volumetric Natural Gas Water Heater Sales Market Share in Volume by Type in 2025 Figure 16. Asia-Pacific Volumetric Natural Gas Water Heater Sales Market Share in Value by Type in 2025 Figure 17. Latin America Volumetric Natural Gas Water Heater Sales Market Share in Volume by Type in 2025 Figure 18. Latin America Volumetric Natural Gas Water Heater Sales Market Share in Value by Type in 2025 Figure 19. Middle East and Africa Volumetric Natural Gas Water Heater Sales Market Share in Volume by Type in 2025 Figure 20. Middle East and Africa Volumetric Natural Gas Water Heater Sales Market Share in Value by Type in 2025 Figure 21. Global Top 5 and 10 Volumetric Natural Gas Water Heater Players Market Share by Revenue in 2025 Figure 22. Company Type (Tier 1, Tier 2, and Tier 3): 2021 VS 2025 Figure 23. Home Image Figure 24. Global Home Sales YoY Growth (2021-2032) & (units) Figure 25. Commercial Image Figure 26. Global Commercial Sales YoY Growth (2021-2032) & (units) Figure 27. Global Volumetric Natural Gas Water Heater Market Size Overview by Application (2021-2032) & (US$ Million) Figure 28. Global Volumetric Natural Gas Water Heater Market Share by Application 2025 VS 2032 Figure 29. North America Volumetric Natural Gas Water Heater Sales Market Share in Volume by Application in 2025 Figure 30. North America Volumetric Natural Gas Water Heater Sales Market Share in Value by Application in 2025 Figure 31. Europe Volumetric Natural Gas Water Heater Sales Market Share in Volume by Application in 2025 Figure 32. Europe Volumetric Natural Gas Water Heater Sales Market Share in Value by Application in 2025 Figure 33. Asia-Pacific Volumetric Natural Gas Water Heater Sales Market Share in Volume by Application in 2025 Figure 34. Asia-Pacific Volumetric Natural Gas Water Heater Sales Market Share in Value by Application in 2025 Figure 35. Latin America Volumetric Natural Gas Water Heater Sales Market Share in Volume by Application in 2025 Figure 36. Latin America Volumetric Natural Gas Water Heater Sales Market Share in Value by Application in 2025 Figure 37. Middle East and Africa Volumetric Natural Gas Water Heater Sales Market Share in Volume by Application in 2025 Figure 38. Middle East and Africa Volumetric Natural Gas Water Heater Sales Market Share in Value by Application in 2025 Figure 39. North America Volumetric Natural Gas Water Heater Sales by Country: 2021 VS 2025 VS 2032 (units) Figure 40. North America Volumetric Natural Gas Water Heater Sales Share by Country: 2021 VS 2025 VS 2032 Figure 41. North America Volumetric Natural Gas Water Heater Market Size by Country: 2021 VS 2025 VS 2032 (US$ Million) Figure 42. North America Volumetric Natural Gas Water Heater Market Share by Country: 2021 VS 2025 VS 2032 Figure 43. Europe Volumetric Natural Gas Water Heater Sales by Country: 2021 VS 2025 VS 2032 (units) Figure 44. Europe Volumetric Natural Gas Water Heater Sales Share by Country: 2021 VS 2025 VS 2032 Figure 45. Europe Volumetric Natural Gas Water Heater Market Size by Country: 2021 VS 2025 VS 2032 (US$ Million) Figure 46. Europe Volumetric Natural Gas Water Heater Market Share by Country: 2021 VS 2025 VS 2032 Figure 47. Asia-Pacific Volumetric Natural Gas Water Heater Sales by Country: 2021 VS 2025 VS 2032 (units) Figure 48. Asia-Pacific Volumetric Natural Gas Water Heater Sales Share by Country: 2021 VS 2025 VS 2032 Figure 49. Asia-Pacific Volumetric Natural Gas Water Heater Market Size by Country: 2021 VS 2025 VS 2032 (US$ Million) Figure 50. Asia-Pacific Volumetric Natural Gas Water Heater Market Share by Country: 2021 VS 2025 VS 2032 Figure 51. Latin America Volumetric Natural Gas Water Heater Sales by Country: 2021 VS 2025 VS 2032 (units) Figure 52. Latin America Volumetric Natural Gas Water Heater Sales Share by Country: 2021 VS 2025 VS 2032 Figure 53. Latin America Volumetric Natural Gas Water Heater Market Size by Country: 2021 VS 2025 VS 2032 (US$ Million) Figure 54. Latin America Volumetric Natural Gas Water Heater Market Share by Country: 2021 VS 2025 VS 2032 Figure 55. Middle East and Africa Volumetric Natural Gas Water Heater Sales by Country: 2021 VS 2025 VS 2032 (units) Figure 56. Middle East and Africa Volumetric Natural Gas Water Heater Sales Share by Country: 2021 VS 2025 VS 2032 Figure 57. Middle East and Africa Volumetric Natural Gas Water Heater Market Size by Country: 2021 VS 2025 VS 2032 (US$ Million) Figure 58. Middle East and Africa Volumetric Natural Gas Water Heater Market Share by Country: 2021 VS 2025 VS 2032 Figure 59. Volumetric Natural Gas Water Heater Value Chain Figure 60. Key Raw Materials Price Figure 61. Manufacturing Cost Structure Figure 62. Volumetric Natural Gas Water Heater Production Mode & Process Figure 63. Direct Comparison with Distribution Share Figure 64. Distributors Profiles Figure 65. Years Considered Figure 66. Research Process Figure 67. Key Executives Interviewed

Scope & coverage.

Types
  • Vertical
  • Wall-mounted
Applications
  • Home
  • Commercial
Companies covered
  • Bradford White Corporation
  • A. O. Smith
  • Rheem
  • American Standard Water Heaters
  • Thermann
  • State Industries
  • NORITZ CORPORATION
  • Rinnai
  • Fangkuai Boiler Co., Ltd
  • SUNCGC
  • SOOPOEN
  • OTT
  • JIANG GONG HEAT ENERGY

Inside the report.

1 Market Overview
  1. 1.1 Product Definition
  2. 1.2 Global Market Growth Prospects
  3. 1.2.1 Global Volumetric Natural Gas Water Heater Market Size Estimates and Forecasts (2021-2032)
  4. 1.2.2 Global Volumetric Natural Gas Water Heater Sales Estimates and Forecasts (2021-2032)
  5. 1.3 Volumetric Natural Gas Water Heater Market by Type
  6. 1.3.1 Vertical
  7. 1.3.2 Wall-mounted
  8. 1.4 Global Volumetric Natural Gas Water Heater Market Size by Type
  9. 1.4.1 Global Volumetric Natural Gas Water Heater Market Size Overview by Type (2021-2032)
  10. 1.4.2 Global Volumetric Natural Gas Water Heater Historic Market Size Review by Type (2021-2026)
  11. 1.4.3 Global Volumetric Natural Gas Water Heater Forecasted Market Size by Type (2027-2032)
  12. 1.5 Key Regions Market Size by Type
  13. 1.5.1 North America Volumetric Natural Gas Water Heater Sales Breakdown by Type (2021-2026)
  14. 1.5.2 Europe Volumetric Natural Gas Water Heater Sales Breakdown by Type (2021-2026)
  15. 1.5.3 Asia-Pacific Volumetric Natural Gas Water Heater Sales Breakdown by Type (2021-2026)
  16. 1.5.4 South America Volumetric Natural Gas Water Heater Sales Breakdown by Type (2021-2026)
  17. 1.5.5 Middle East and Africa Volumetric Natural Gas Water Heater Sales Breakdown by Type (2021-2026)
2 Global Market Dynamics
  1. 2.1 Volumetric Natural Gas Water Heater Industry Trends
  2. 2.2 Volumetric Natural Gas Water Heater Industry Drivers
  3. 2.3 Volumetric Natural Gas Water Heater Industry Opportunities and Challenges
  4. 2.4 Volumetric Natural Gas Water Heater Industry Restraints
3 Market Competitive Landscape by Company
  1. 3.1 Global Top Players by Volumetric Natural Gas Water Heater Revenue (2021-2026)
  2. 3.2 Global Top Players by Volumetric Natural Gas Water Heater Sales (2021-2026)
  3. 3.3 Global Top Players by Volumetric Natural Gas Water Heater Price (2021-2026)
  4. 3.4 Global Volumetric Natural Gas Water Heater Industry Company Ranking, 2024 VS 2025 VS 2026
  5. 3.5 Global Volumetric Natural Gas Water Heater Major Company Production Sites & Headquarters
  6. 3.6 Global Volumetric Natural Gas Water Heater Company, Product Type & Application
  7. 3.7 Global Volumetric Natural Gas Water Heater Company Establishment Date
  8. 3.8 Market Competitive Analysis
  9. 3.8.1 Global Volumetric Natural Gas Water Heater Market CR5 and HHI
  10. 3.8.2 Global Top 5 and 10 Volumetric Natural Gas Water Heater Players Market Share by Revenue in 2025
  11. 3.8.3 2025 Volumetric Natural Gas Water Heater Tier 1, Tier 2, and Tier 3
4 Volumetric Natural Gas Water Heater Regional Status and Outlook
  1. 4.1 Global Volumetric Natural Gas Water Heater Market Size and CAGR by Region: 2021 VS 2025 VS 2032
  2. 4.2 Global Volumetric Natural Gas Water Heater Historic Market Size by Region
  3. 4.2.1 Global Volumetric Natural Gas Water Heater Sales in Volume by Region (2021-2026)
  4. 4.2.2 Global Volumetric Natural Gas Water Heater Sales in Value by Region (2021-2026)
  5. 4.2.3 Global Volumetric Natural Gas Water Heater Sales (Volume & Value), Price and Gross Margin (2021-2026)
  6. 4.3 Global Volumetric Natural Gas Water Heater Forecasted Market Size by Region
  7. 4.3.1 Global Volumetric Natural Gas Water Heater Sales in Volume by Region (2027-2032)
  8. 4.3.2 Global Volumetric Natural Gas Water Heater Sales in Value by Region (2027-2032)
  9. 4.3.3 Global Volumetric Natural Gas Water Heater Sales (Volume & Value), Price and Gross Margin (2027-2032)
5 Volumetric Natural Gas Water Heater by Application
  1. 5.1 Volumetric Natural Gas Water Heater Market by Application
  2. 5.1.1 Home
  3. 5.1.2 Commercial
  4. 5.2 Global Volumetric Natural Gas Water Heater Market Size by Application
  5. 5.2.1 Global Volumetric Natural Gas Water Heater Market Size Overview by Application (2021-2032)
  6. 5.2.2 Global Volumetric Natural Gas Water Heater Historic Market Size Review by Application (2021-2026)
  7. 5.2.3 Global Volumetric Natural Gas Water Heater Forecasted Market Size by Application (2027-2032)
  8. 5.3 Key Regions Market Size by Application
  9. 5.3.1 North America Volumetric Natural Gas Water Heater Sales Breakdown by Application (2021-2026)
  10. 5.3.2 Europe Volumetric Natural Gas Water Heater Sales Breakdown by Application (2021-2026)
  11. 5.3.3 Asia-Pacific Volumetric Natural Gas Water Heater Sales Breakdown by Application (2021-2026)
  12. 5.3.4 South America Volumetric Natural Gas Water Heater Sales Breakdown by Application (2021-2026)
  13. 5.3.5 Middle East and Africa Volumetric Natural Gas Water Heater Sales Breakdown by Application (2021-2026)
6 Company Profiles
  1. 6.1 Bradford White Corporation
  2. 6.1.1 Bradford White Corporation Company Information
  3. 6.1.2 Bradford White Corporation Business Overview
  4. 6.1.3 Bradford White Corporation Volumetric Natural Gas Water Heater Sales, Revenue and Gross Margin (2021-2026)
  5. 6.1.4 Bradford White Corporation Volumetric Natural Gas Water Heater Product Portfolio
  6. 6.1.5 Bradford White Corporation Recent Developments
  7. 6.2 A. O. Smith
  8. 6.2.1 A. O. Smith Company Information
  9. 6.2.2 A. O. Smith Business Overview
  10. 6.2.3 A. O. Smith Volumetric Natural Gas Water Heater Sales, Revenue and Gross Margin (2021-2026)
  11. 6.2.4 A. O. Smith Volumetric Natural Gas Water Heater Product Portfolio
  12. 6.2.5 A. O. Smith Recent Developments
  13. 6.3 Rheem
  14. 6.3.1 Rheem Company Information
  15. 6.3.2 Rheem Business Overview
  16. 6.3.3 Rheem Volumetric Natural Gas Water Heater Sales, Revenue and Gross Margin (2021-2026)
  17. 6.3.4 Rheem Volumetric Natural Gas Water Heater Product Portfolio
  18. 6.3.5 Rheem Recent Developments
  19. 6.4 American Standard Water Heaters
  20. 6.4.1 American Standard Water Heaters Company Information
  21. 6.4.2 American Standard Water Heaters Business Overview
  22. 6.4.3 American Standard Water Heaters Volumetric Natural Gas Water Heater Sales, Revenue and Gross Margin (2021-2026)
  23. 6.4.4 American Standard Water Heaters Volumetric Natural Gas Water Heater Product Portfolio
  24. 6.4.5 American Standard Water Heaters Recent Developments
  25. 6.5 Thermann
  26. 6.5.1 Thermann Company Information
  27. 6.5.2 Thermann Business Overview
  28. 6.5.3 Thermann Volumetric Natural Gas Water Heater Sales, Revenue and Gross Margin (2021-2026)
  29. 6.5.4 Thermann Volumetric Natural Gas Water Heater Product Portfolio
  30. 6.5.5 Thermann Recent Developments
  31. 6.6 State Industries
  32. 6.6.1 State Industries Company Information
  33. 6.6.2 State Industries Business Overview
  34. 6.6.3 State Industries Volumetric Natural Gas Water Heater Sales, Revenue and Gross Margin (2021-2026)
  35. 6.6.4 State Industries Volumetric Natural Gas Water Heater Product Portfolio
  36. 6.6.5 State Industries Recent Developments
  37. 6.7 NORITZ CORPORATION
  38. 6.7.1 NORITZ CORPORATION Company Information
  39. 6.7.2 NORITZ CORPORATION Business Overview
  40. 6.7.3 NORITZ CORPORATION Volumetric Natural Gas Water Heater Sales, Revenue and Gross Margin (2021-2026)
  41. 6.7.4 NORITZ CORPORATION Volumetric Natural Gas Water Heater Product Portfolio
  42. 6.7.5 NORITZ CORPORATION Recent Developments
  43. 6.8 Rinnai
  44. 6.8.1 Rinnai Company Information
  45. 6.8.2 Rinnai Business Overview
  46. 6.8.3 Rinnai Volumetric Natural Gas Water Heater Sales, Revenue and Gross Margin (2021-2026)
  47. 6.8.4 Rinnai Volumetric Natural Gas Water Heater Product Portfolio
  48. 6.8.5 Rinnai Recent Developments
  49. 6.9 Fangkuai Boiler Co., Ltd
  50. 6.9.1 Fangkuai Boiler Co., Ltd Company Information
  51. 6.9.2 Fangkuai Boiler Co., Ltd Business Overview
  52. 6.9.3 Fangkuai Boiler Co., Ltd Volumetric Natural Gas Water Heater Sales, Revenue and Gross Margin (2021-2026)
  53. 6.9.4 Fangkuai Boiler Co., Ltd Volumetric Natural Gas Water Heater Product Portfolio
  54. 6.9.5 Fangkuai Boiler Co., Ltd Recent Developments
  55. 6.10 SUNCGC
  56. 6.10.1 SUNCGC Company Information
  57. 6.10.2 SUNCGC Business Overview
  58. 6.10.3 SUNCGC Volumetric Natural Gas Water Heater Sales, Revenue and Gross Margin (2021-2026)
  59. 6.10.4 SUNCGC Volumetric Natural Gas Water Heater Product Portfolio
  60. 6.10.5 SUNCGC Recent Developments
  61. 6.11 SOOPOEN
  62. 6.11.1 SOOPOEN Company Information
  63. 6.11.2 SOOPOEN Business Overview
  64. 6.11.3 SOOPOEN Volumetric Natural Gas Water Heater Sales, Revenue and Gross Margin (2021-2026)
  65. 6.11.4 SOOPOEN Volumetric Natural Gas Water Heater Product Portfolio
  66. 6.11.5 SOOPOEN Recent Developments
  67. 6.12 OTT
  68. 6.12.1 OTT Company Information
  69. 6.12.2 OTT Business Overview
  70. 6.12.3 OTT Volumetric Natural Gas Water Heater Sales, Revenue and Gross Margin (2021-2026)
  71. 6.12.4 OTT Volumetric Natural Gas Water Heater Product Portfolio
  72. 6.12.5 OTT Recent Developments
  73. 6.13 JIANG GONG HEAT ENERGY
  74. 6.13.1 JIANG GONG HEAT ENERGY Company Information
  75. 6.13.2 JIANG GONG HEAT ENERGY Business Overview
  76. 6.13.3 JIANG GONG HEAT ENERGY Volumetric Natural Gas Water Heater Sales, Revenue and Gross Margin (2021-2026)
  77. 6.13.4 JIANG GONG HEAT ENERGY Volumetric Natural Gas Water Heater Product Portfolio
  78. 6.13.5 JIANG GONG HEAT ENERGY Recent Developments
7 North America by Country
  1. 7.1 North America Volumetric Natural Gas Water Heater Sales by Country
  2. 7.1.1 North America Volumetric Natural Gas Water Heater Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  3. 7.1.2 North America Volumetric Natural Gas Water Heater Sales by Country (2021-2026)
  4. 7.1.3 North America Volumetric Natural Gas Water Heater Sales Forecast by Country (2027-2032)
  5. 7.2 North America Volumetric Natural Gas Water Heater Market Size by Country
  6. 7.2.1 North America Volumetric Natural Gas Water Heater Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  7. 7.2.2 North America Volumetric Natural Gas Water Heater Market Size by Country (2021-2026)
  8. 7.2.3 North America Volumetric Natural Gas Water Heater Market Size Forecast by Country (2027-2032)
8 Europe by Country
  1. 8.1 Europe Volumetric Natural Gas Water Heater Sales by Country
  2. 8.1.1 Europe Volumetric Natural Gas Water Heater Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  3. 8.1.2 Europe Volumetric Natural Gas Water Heater Sales by Country (2021-2026)
  4. 8.1.3 Europe Volumetric Natural Gas Water Heater Sales Forecast by Country (2027-2032)
  5. 8.2 Europe Volumetric Natural Gas Water Heater Market Size by Country
  6. 8.2.1 Europe Volumetric Natural Gas Water Heater Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  7. 8.2.2 Europe Volumetric Natural Gas Water Heater Market Size by Country (2021-2026)
  8. 8.2.3 Europe Volumetric Natural Gas Water Heater Market Size Forecast by Country (2027-2032)
9 Asia-Pacific by Country
  1. 9.1 Asia-Pacific Volumetric Natural Gas Water Heater Sales by Country
  2. 9.1.1 Asia-Pacific Volumetric Natural Gas Water Heater Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  3. 9.1.2 Asia-Pacific Volumetric Natural Gas Water Heater Sales by Country (2021-2026)
  4. 9.1.3 Asia-Pacific Volumetric Natural Gas Water Heater Sales Forecast by Country (2027-2032)
  5. 9.2 Asia-Pacific Volumetric Natural Gas Water Heater Market Size by Country
  6. 9.2.1 Asia-Pacific Volumetric Natural Gas Water Heater Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  7. 9.2.2 Asia-Pacific Volumetric Natural Gas Water Heater Market Size by Country (2021-2026)
  8. 9.2.3 Asia-Pacific Volumetric Natural Gas Water Heater Market Size Forecast by Country (2027-2032)
10 South America by Country
  1. 10.1 South America Volumetric Natural Gas Water Heater Sales by Country
  2. 10.1.1 South America Volumetric Natural Gas Water Heater Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  3. 10.1.2 South America Volumetric Natural Gas Water Heater Sales by Country (2021-2026)
  4. 10.1.3 South America Volumetric Natural Gas Water Heater Sales Forecast by Country (2027-2032)
  5. 10.2 South America Volumetric Natural Gas Water Heater Market Size by Country
  6. 10.2.1 South America Volumetric Natural Gas Water Heater Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  7. 10.2.2 South America Volumetric Natural Gas Water Heater Market Size by Country (2021-2026)
  8. 10.2.3 South America Volumetric Natural Gas Water Heater Market Size Forecast by Country (2027-2032)
11 Middle East and Africa by Country
  1. 11.1 Middle East and Africa Volumetric Natural Gas Water Heater Sales by Country
  2. 11.1.1 Middle East and Africa Volumetric Natural Gas Water Heater Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  3. 11.1.2 Middle East and Africa Volumetric Natural Gas Water Heater Sales by Country (2021-2026)
  4. 11.1.3 Middle East and Africa Volumetric Natural Gas Water Heater Sales Forecast by Country (2027-2032)
  5. 11.2 Middle East and Africa Volumetric Natural Gas Water Heater Market Size by Country
  6. 11.2.1 Middle East and Africa Volumetric Natural Gas Water Heater Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  7. 11.2.2 Middle East and Africa Volumetric Natural Gas Water Heater Market Size by Country (2021-2026)
  8. 11.2.3 Middle East and Africa Volumetric Natural Gas Water Heater Market Size Forecast by Country (2027-2032)
12 Value Chain and Sales Channels Analysis
  1. 12.1 Volumetric Natural Gas Water Heater Value Chain Analysis
  2. 12.1.1 Volumetric Natural Gas Water Heater Key Raw Materials
  3. 12.1.2 Key Raw Materials Price
  4. 12.1.3 Raw Materials Key Suppliers
  5. 12.1.4 Manufacturing Cost Structure
  6. 12.1.5 Volumetric Natural Gas Water Heater Production Mode & Process
  7. 12.2 Volumetric Natural Gas Water Heater Sales Channels Analysis
  8. 12.2.1 Direct Comparison with Distribution Share
  9. 12.2.2 Volumetric Natural Gas Water Heater Distributors
  10. 12.2.3 Volumetric Natural Gas Water Heater Customers
13 Concluding Insights
    14 Appendix
    1. 14.1 Reasons for Doing This Study
    2. 14.2 Research Methodology
    3. 14.3 Research Process
    4. 14.4 Authors List of This Report
    5. 14.5 Data Source
    6. 14.5.1 Secondary Sources
    7. 14.5.2 Primary Sources
    8. 14.6 Disclaimer

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