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