APO Research

APO RESEARCH · REPORT

Commercial Volumetric Natural Gas Water Heater

Selected research

Industry Research

Commercial Volumetric Natural Gas Water Heater Industry Research Report 2026

Market perspective

The global Commercial Volumetric Natural Gas Water Heater market was valued at US$ million in 2025 and is projected to reach US$ million by 2032, implying a CAGR of % over 2026–2032.

The North America market for Commercial 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 Commercial Volumetric Natural Gas Water Heater is projected to rise 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 Commercial Volumetric Natural Gas Water Heater is expected to grow from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026–2032.

Leading global manufacturers of Commercial 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 quantifies the global Commercial Volumetric Natural Gas Water Heater market in terms of revenue (US$ million) and, where applicable, sales volume (units), using 2025 as the base year and providing annual historical and forecast data for 2021–2032.

It standardizes definitions of Types and Applications, harmonizes vendor attribution, and presents comparable time series by company, Type, Application, and region/country, including indicative price bands (US$/units) and concentration ratios (CR5/CR10).

The outputs are intended to support strategy development, budgeting, and performance benchmarking for brand owners, manufacturers, retailers, channel partners, and investors; data are structured with consistent units and fields to facilitate integration into internal FP&A and BI systems.

Key Companies & Market Share Insights

This section profiles leading manufacturers, combining 2021–2025 results with a 2026–2032 outlook. It reports revenue, market share, price bands, product and application mix, regional and channel mix, and key developments (M&A, capacity additions, certifications). It also provides global revenue, average price, and—where applicable—sales volume by manufacturer, and calculates CR5/CR10 and rank changes to support comparative benchmarking.

Commercial 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

Commercial Volumetric Natural Gas Water Heater Segment by Type

Vertical

Wall-mounted

Commercial Volumetric Natural Gas Water Heater Segment by Application

Hotels and Guesthouses

Bath Centers

School Dormitories

Others

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

Colombia

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 Commercial 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 Commercial 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 Commercial 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: Research objectives, research methods, data sources, data cross-validation;

Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc.), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

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

Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.

Chapter 5: Production/output, value of Commercial Volumetric Natural Gas Water Heater by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.

Chapter 6: Consumption of Commercial Volumetric Natural Gas Water Heater in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.

Chapter 7: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 8: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 10: 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 11: The main points and conclusions of the report.

More report detail

Tables and figures
List of Tables Table 1. Secondary Sources Table 2. Primary Sources Table 3. Market Value Comparison by Type (2021 VS 2025 VS 2032) & (US$ Million) Table 4. Market Value Comparison by Application (2021 VS 2025 VS 2032) & (US$ Million) Table 5. Global Commercial Volumetric Natural Gas Water Heater Volume and Revenue Market Size and CAGR of Manufacturers (2021 Versus 2025) Table 6. Global Commercial Volumetric Natural Gas Water Heater Sales (units) of Manufacturers (2021-2026) Table 7. Global Commercial Volumetric Natural Gas Water Heater Sales Market Share by Manufacturers (2021-2026) Table 8. Global Commercial Volumetric Natural Gas Water Heater Revenue of Manufacturers (2021-2026) Table 9. Global Commercial Volumetric Natural Gas Water Heater Revenue Share by Manufacturers (2021-2026) Table 10. Global Market Commercial Volumetric Natural Gas Water Heater Average Price (USD/unit) of Manufacturers (2021-2026) Table 11. Global Commercial Volumetric Natural Gas Water Heater Industry Ranking, 2024 VS 2025 VS 2026 Table 12. Global Manufacturers of Commercial Volumetric Natural Gas Water Heater, Manufacturing Sites & Headquarters Table 13. Global Manufacturers of Commercial Volumetric Natural Gas Water Heater, Product Type & Application Table 14. Global Commercial Volumetric Natural Gas Water Heater Manufacturers Established Date Table 15. Global Manufacturers Market Concentration Ratio (CR5 and HHI) Table 16. Global Commercial Volumetric Natural Gas Water Heater by Manufacturers Type (Tier 1, Tier 2, and Tier 3) & (Based on the Revenue of 2025) Table 17. Manufacturers Mergers & Acquisitions, Expansion Plans) Table 18. Bradford White Corporation Company Information Table 19. Bradford White Corporation Business Overview Table 20. Bradford White Corporation Commercial Volumetric Natural Gas Water Heater Sales (units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 21. Bradford White Corporation Commercial Volumetric Natural Gas Water Heater Product Portfolio Table 22. Bradford White Corporation Recent Developments Table 23. A. O. Smith Company Information Table 24. A. O. Smith Business Overview Table 25. A. O. Smith Commercial Volumetric Natural Gas Water Heater Sales (units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 26. A. O. Smith Commercial Volumetric Natural Gas Water Heater Product Portfolio Table 27. A. O. Smith Recent Developments Table 28. Rheem Company Information Table 29. Rheem Business Overview Table 30. Rheem Commercial Volumetric Natural Gas Water Heater Sales (units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 31. Rheem Commercial Volumetric Natural Gas Water Heater Product Portfolio Table 32. Rheem Recent Developments Table 33. American Standard Water Heaters Company Information Table 34. American Standard Water Heaters Business Overview Table 35. American Standard Water Heaters Commercial Volumetric Natural Gas Water Heater Sales (units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 36. American Standard Water Heaters Commercial Volumetric Natural Gas Water Heater Product Portfolio Table 37. American Standard Water Heaters Recent Developments Table 38. Thermann Company Information Table 39. Thermann Business Overview Table 40. Thermann Commercial Volumetric Natural Gas Water Heater Sales (units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 41. Thermann Commercial Volumetric Natural Gas Water Heater Product Portfolio Table 42. Thermann Recent Developments Table 43. State Industries Company Information Table 44. State Industries Business Overview Table 45. State Industries Commercial Volumetric Natural Gas Water Heater Sales (units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 46. State Industries Commercial Volumetric Natural Gas Water Heater Product Portfolio Table 47. State Industries Recent Developments Table 48. NORITZ CORPORATION Company Information Table 49. NORITZ CORPORATION Business Overview Table 50. NORITZ CORPORATION Commercial Volumetric Natural Gas Water Heater Sales (units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 51. NORITZ CORPORATION Commercial Volumetric Natural Gas Water Heater Product Portfolio Table 52. NORITZ CORPORATION Recent Developments Table 53. Rinnai Company Information Table 54. Rinnai Business Overview Table 55. Rinnai Commercial Volumetric Natural Gas Water Heater Sales (units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 56. Rinnai Commercial Volumetric Natural Gas Water Heater Product Portfolio Table 57. Rinnai Recent Developments Table 58. Fangkuai Boiler Co., Ltd Company Information Table 59. Fangkuai Boiler Co., Ltd Business Overview Table 60. Fangkuai Boiler Co., Ltd Commercial Volumetric Natural Gas Water Heater Sales (units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 61. Fangkuai Boiler Co., Ltd Commercial Volumetric Natural Gas Water Heater Product Portfolio Table 62. Fangkuai Boiler Co., Ltd Recent Developments Table 63. SUNCGC Company Information Table 64. SUNCGC Business Overview Table 65. SUNCGC Commercial Volumetric Natural Gas Water Heater Sales (units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 66. SUNCGC Commercial Volumetric Natural Gas Water Heater Product Portfolio Table 67. SUNCGC Recent Developments Table 68. SOOPOEN Company Information Table 69. SOOPOEN Business Overview Table 70. SOOPOEN Commercial Volumetric Natural Gas Water Heater Sales (units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 71. SOOPOEN Commercial Volumetric Natural Gas Water Heater Product Portfolio Table 72. SOOPOEN Recent Developments Table 73. OTT Company Information Table 74. OTT Business Overview Table 75. OTT Commercial Volumetric Natural Gas Water Heater Sales (units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 76. OTT Commercial Volumetric Natural Gas Water Heater Product Portfolio Table 77. OTT Recent Developments Table 78. JIANG GONG HEAT ENERGY Company Information Table 79. JIANG GONG HEAT ENERGY Business Overview Table 80. JIANG GONG HEAT ENERGY Commercial Volumetric Natural Gas Water Heater Sales (units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 81. JIANG GONG HEAT ENERGY Commercial Volumetric Natural Gas Water Heater Product Portfolio Table 82. JIANG GONG HEAT ENERGY Recent Developments Table 83. Global Commercial Volumetric Natural Gas Water Heater Market Size by Region (US$ Million): 2021 VS 2025 VS 2032 Table 84. Global Commercial Volumetric Natural Gas Water Heater Sales by Region (2021-2026) & (units) Table 85. Global Commercial Volumetric Natural Gas Water Heater Sales Market Share by Region (2021-2026) Table 86. Global Commercial Volumetric Natural Gas Water Heater Sales by Region (2027-2032) & (units) Table 87. Global Commercial Volumetric Natural Gas Water Heater Sales Market Share by Region (2027-2032) Table 88. Global Commercial Volumetric Natural Gas Water Heater Revenue by Region (2021-2026) & (US$ Million) Table 89. Global Commercial Volumetric Natural Gas Water Heater Revenue Market Share by Region (2021-2026) Table 90. Global Commercial Volumetric Natural Gas Water Heater Revenue by Region (2027-2032) & (US$ Million) Table 91. Global Commercial Volumetric Natural Gas Water Heater Revenue Market Share by Region (2027-2032) Table 92. North America Commercial Volumetric Natural Gas Water Heater Revenue by Country: 2021 VS 2025 VS 2032 (US$ Million) Table 93. North America Commercial Volumetric Natural Gas Water Heater Sales by Country (2021-2026) & (units) Table 94. North America Commercial Volumetric Natural Gas Water Heater Sales by Country (2027-2032) & (units) Table 95. North America Commercial Volumetric Natural Gas Water Heater Revenue by Country (2021-2026) & (US$ Million) Table 96. North America Commercial Volumetric Natural Gas Water Heater Revenue by Country (2027-2032) & (US$ Million) Table 97. Europe Commercial Volumetric Natural Gas Water Heater Revenue by Country: 2021 VS 2025 VS 2032 (US$ Million) Table 98. Europe Commercial Volumetric Natural Gas Water Heater Sales by Country (2021-2026) & (units) Table 99. Europe Commercial Volumetric Natural Gas Water Heater Sales by Country (2027-2032) & (units) Table 100. Europe Commercial Volumetric Natural Gas Water Heater Revenue by Country (2021-2026) & (US$ Million) Table 101. Europe Commercial Volumetric Natural Gas Water Heater Revenue by Country (2027-2032) & (US$ Million) Table 102. Asia Pacific Commercial Volumetric Natural Gas Water Heater Revenue by Country: 2021 VS 2025 VS 2032 (US$ Million) Table 103. Asia Pacific Commercial Volumetric Natural Gas Water Heater Sales by Country (2021-2026) & (units) Table 104. Asia Pacific Commercial Volumetric Natural Gas Water Heater Sales by Country (2027-2032) & (units) Table 105. Asia Pacific Commercial Volumetric Natural Gas Water Heater Revenue by Country (2021-2026) & (US$ Million) Table 106. Asia Pacific Commercial Volumetric Natural Gas Water Heater Revenue by Country (2027-2032) & (US$ Million) Table 107. South America Commercial Volumetric Natural Gas Water Heater Revenue by Country: 2021 VS 2025 VS 2032 (US$ Million) Table 108. South America Commercial Volumetric Natural Gas Water Heater Sales by Country (2021-2026) & (units) Table 109. South America Commercial Volumetric Natural Gas Water Heater Sales by Country (2027-2032) & (units) Table 110. South America Commercial Volumetric Natural Gas Water Heater Revenue by Country (2021-2026) & (US$ Million) Table 111. South America Commercial Volumetric Natural Gas Water Heater Revenue by Country (2027-2032) & (US$ Million) Table 112. Middle East and Africa Commercial Volumetric Natural Gas Water Heater Revenue by Country: 2021 VS 2025 VS 2032 (US$ Million) Table 113. Middle East and Africa Commercial Volumetric Natural Gas Water Heater Sales by Country (2021-2026) & (units) Table 114. Middle East and Africa Commercial Volumetric Natural Gas Water Heater Sales by Country (2027-2032) & (units) Table 115. Middle East and Africa Commercial Volumetric Natural Gas Water Heater Revenue by Country (2021-2026) & (US$ Million) Table 116. Middle East and Africa Commercial Volumetric Natural Gas Water Heater Revenue by Country (2027-2032) & (US$ Million) Table 117. Global Commercial Volumetric Natural Gas Water Heater Sales by Type (2021-2026) & (units) Table 118. Global Commercial Volumetric Natural Gas Water Heater Sales by Type (2027-2032) & (units) Table 119. Global Commercial Volumetric Natural Gas Water Heater Sales Market Share by Type (2021-2026) Table 120. Global Commercial Volumetric Natural Gas Water Heater Sales Market Share by Type (2027-2032) Table 121. Global Commercial Volumetric Natural Gas Water Heater Revenue by Type (2021-2026) & (US$ Million) Table 122. Global Commercial Volumetric Natural Gas Water Heater Revenue by Type (2027-2032) & (US$ Million) Table 123. Global Commercial Volumetric Natural Gas Water Heater Revenue Market Share by Type (2021-2026) Table 124. Global Commercial Volumetric Natural Gas Water Heater Revenue Market Share by Type (2027-2032) Table 125. Global Commercial Volumetric Natural Gas Water Heater Price by Type (2021-2026) & (USD/unit) Table 126. Global Commercial Volumetric Natural Gas Water Heater Price by Type (2027-2032) & (USD/unit) Table 127. Global Commercial Volumetric Natural Gas Water Heater Sales by Application (2021-2026) & (units) Table 128. Global Commercial Volumetric Natural Gas Water Heater Sales by Application (2027-2032) & (units) Table 129. Global Commercial Volumetric Natural Gas Water Heater Sales Market Share by Application (2021-2026) Table 130. Global Commercial Volumetric Natural Gas Water Heater Sales Market Share by Application (2027-2032) Table 131. Global Commercial Volumetric Natural Gas Water Heater Revenue by Application (2021-2026) & (US$ Million) Table 132. Global Commercial Volumetric Natural Gas Water Heater Revenue by Application (2027-2032) & (US$ Million) Table 133. Global Commercial Volumetric Natural Gas Water Heater Revenue Market Share by Application (2021-2026) Table 134. Global Commercial Volumetric Natural Gas Water Heater Revenue Market Share by Application (2027-2032) Table 135. Global Commercial Volumetric Natural Gas Water Heater Price by Application (2021-2026) & (USD/unit) Table 136. Global Commercial Volumetric Natural Gas Water Heater Price by Application (2027-2032) & (USD/unit) Table 137. Key Raw Materials Table 138. Raw Materials Key Suppliers Table 139. Commercial Volumetric Natural Gas Water Heater Distributors List Table 140. Commercial Volumetric Natural Gas Water Heater Customers List Table 141. Commercial Volumetric Natural Gas Water Heater Industry Trends Table 142. Commercial Volumetric Natural Gas Water Heater Industry Drivers Table 143. Commercial Volumetric Natural Gas Water Heater Industry Restraints Table 144. Authors List of This Report List of Figures Figure 1. Research Methodology Figure 2. Research Process Figure 3. Key Executives Interviewed Figure 4. Commercial Volumetric Natural Gas Water Heater Product Image Figure 5. Global Commercial Volumetric Natural Gas Water Heater Revenue (US$ Million), 2021 VS 2025 VS 2032 Figure 6. Global Commercial Volumetric Natural Gas Water Heater Market Size (2021-2032) & (US$ Million) Figure 7. Global Commercial Volumetric Natural Gas Water Heater Sales (2021-2032) & (units) Figure 8. Global Commercial Volumetric Natural Gas Water Heater Average Price (USD/unit) & (2021-2032) Figure 9. Vertical Product Image Figure 10. Wall-mounted Product Image Figure 11. Hotels and Guesthouses Product Image Figure 12. Bath Centers Product Image Figure 13. School Dormitories Product Image Figure 14. Others Product Image Figure 15. Global Commercial Volumetric Natural Gas Water Heater Revenue Share by Manufacturers in 2025 Figure 16. Global Manufacturers of Commercial Volumetric Natural Gas Water Heater, Manufacturing Sites & Headquarters Figure 17. Global Top 5 and 10 Commercial Volumetric Natural Gas Water Heater Players Market Share by Revenue in 2025 Figure 18. Manufacturers Type (Tier 1, Tier 2, and Tier 3): 2021 VS 2025 Figure 19. Global Commercial Volumetric Natural Gas Water Heater Market Size by Region (US$ Million): 2021 VS 2025 VS 2032 Figure 20. Global Commercial Volumetric Natural Gas Water Heater Sales by Region in 2025 Figure 21. Global Commercial Volumetric Natural Gas Water Heater Revenue by Region in 2025 Figure 22. North America Commercial Volumetric Natural Gas Water Heater Market Size by Country in 2025 Figure 23. North America Commercial Volumetric Natural Gas Water Heater Sales Market Share by Country (2021-2032) Figure 24. North America Commercial Volumetric Natural Gas Water Heater Revenue Market Share by Country (2021-2032) Figure 25. United States Commercial Volumetric Natural Gas Water Heater Revenue Growth Rate (2021-2032) & (US$ Million) Figure 26. Canada Commercial Volumetric Natural Gas Water Heater Revenue Growth Rate (2021-2032) & (US$ Million) Figure 27. Mexico Commercial Volumetric Natural Gas Water Heater Revenue Growth Rate (2021-2032) & (US$ Million) Figure 28. Europe Commercial Volumetric Natural Gas Water Heater Market Size by Country in 2025 Figure 29. Europe Commercial Volumetric Natural Gas Water Heater Sales Market Share by Country (2021-2032) Figure 30. Europe Commercial Volumetric Natural Gas Water Heater Revenue Market Share by Country (2021-2032) Figure 31. Germany Commercial Volumetric Natural Gas Water Heater Revenue Growth Rate (2021-2032) & (US$ Million) Figure 32. France Commercial Volumetric Natural Gas Water Heater Revenue Growth Rate (2021-2032) & (US$ Million) Figure 33. U.K. Commercial Volumetric Natural Gas Water Heater Revenue Growth Rate (2021-2032) & (US$ Million) Figure 34. Italy Commercial Volumetric Natural Gas Water Heater Revenue Growth Rate (2021-2032) & (US$ Million) Figure 35. Russia Commercial Volumetric Natural Gas Water Heater Revenue Growth Rate (2021-2032) & (US$ Million) Figure 36. Spain Commercial Volumetric Natural Gas Water Heater Revenue Growth Rate (2021-2032) & (US$ Million) Figure 37. Netherlands Commercial Volumetric Natural Gas Water Heater Revenue Growth Rate (2021-2032) & (US$ Million) Figure 38. Switzerland Commercial Volumetric Natural Gas Water Heater Revenue Growth Rate (2021-2032) & (US$ Million) Figure 39. Sweden Commercial Volumetric Natural Gas Water Heater Revenue Growth Rate (2021-2032) & (US$ Million) Figure 40. Poland Commercial Volumetric Natural Gas Water Heater Revenue Growth Rate (2021-2032) & (US$ Million) Figure 41. Asia Pacific Commercial Volumetric Natural Gas Water Heater Market Size by Country in 2025 Figure 42. Asia Pacific Commercial Volumetric Natural Gas Water Heater Sales Market Share by Country (2021-2032) Figure 43. Asia Pacific Commercial Volumetric Natural Gas Water Heater Revenue Market Share by Country (2021-2032) Figure 44. China Commercial Volumetric Natural Gas Water Heater Revenue Growth Rate (2021-2032) & (US$ Million) Figure 45. Japan Commercial Volumetric Natural Gas Water Heater Revenue Growth Rate (2021-2032) & (US$ Million) Figure 46. South Korea Commercial Volumetric Natural Gas Water Heater Revenue Growth Rate (2021-2032) & (US$ Million) Figure 47. India Commercial Volumetric Natural Gas Water Heater Revenue Growth Rate (2021-2032) & (US$ Million) Figure 48. Australia Commercial Volumetric Natural Gas Water Heater Revenue Growth Rate (2021-2032) & (US$ Million) Figure 49. Taiwan Commercial Volumetric Natural Gas Water Heater Revenue Growth Rate (2021-2032) & (US$ Million) Figure 50. Southeast Asia Commercial Volumetric Natural Gas Water Heater Revenue Growth Rate (2021-2032) & (US$ Million) Figure 51. Southeast Asia Commercial Volumetric Natural Gas Water Heater Revenue Growth Rate (2021-2032) & (US$ Million) Figure 52. South America Commercial Volumetric Natural Gas Water Heater Market Size by Country in 2025 Figure 53. South America Commercial Volumetric Natural Gas Water Heater Sales Market Share by Country (2021-2032) Figure 54. South America Commercial Volumetric Natural Gas Water Heater Revenue Market Share by Country (2021-2032) Figure 55. Brazil Commercial Volumetric Natural Gas Water Heater Revenue Growth Rate (2021-2032) & (US$ Million) Figure 56. Argentina Commercial Volumetric Natural Gas Water Heater Revenue Growth Rate (2021-2032) & (US$ Million) Figure 57. Chile Commercial Volumetric Natural Gas Water Heater Revenue Growth Rate (2021-2032) & (US$ Million) Figure 58. Colombia Commercial Volumetric Natural Gas Water Heater Revenue Growth Rate (2021-2032) & (US$ Million) Figure 59. Middle East and Africa Commercial Volumetric Natural Gas Water Heater Market Size by Country in 2025 Figure 60. Middle East and Africa Commercial Volumetric Natural Gas Water Heater Sales Market Share by Country (2021-2032) Figure 61. Middle East and Africa Commercial Volumetric Natural Gas Water Heater Revenue Market Share by Country (2021-2032) Figure 62. Egypt Commercial Volumetric Natural Gas Water Heater Revenue Growth Rate (2021-2032) & (US$ Million) Figure 63. South Africa Commercial Volumetric Natural Gas Water Heater Revenue Growth Rate (2021-2032) & (US$ Million) Figure 64. Israel Commercial Volumetric Natural Gas Water Heater Revenue Growth Rate (2021-2032) & (US$ Million) Figure 65. Türkiye Commercial Volumetric Natural Gas Water Heater Revenue Growth Rate (2021-2032) & (US$ Million) Figure 66. GCC Countries Commercial Volumetric Natural Gas Water Heater Revenue Growth Rate (2021-2032) & (US$ Million) Figure 67. Global Commercial Volumetric Natural Gas Water Heater Sales Market Share by Type (2021-2032) Figure 68. Global Commercial Volumetric Natural Gas Water Heater Revenue Market Share by Type (2021-2032) Figure 69. Global Commercial Volumetric Natural Gas Water Heater Price (USD/unit) by Type (2021-2032) Figure 70. Global Commercial Volumetric Natural Gas Water Heater Sales Market Share by Application (2021-2032) Figure 71. Global Commercial Volumetric Natural Gas Water Heater Revenue Market Share by Application (2021-2032) Figure 72. Global Commercial Volumetric Natural Gas Water Heater Price (USD/unit) by Application (2021-2032) Figure 73. Commercial Volumetric Natural Gas Water Heater Value Chain Figure 74. Commercial Volumetric Natural Gas Water Heater Production Mode & Process Figure 75. Direct Comparison with Distribution Share Figure 76. Distributors Profiles Figure 77. Commercial Volumetric Natural Gas Water Heater Industry Opportunities and Challenges

Scope & coverage.

Types
  • Vertical
  • Wall-mounted
Applications
  • Hotels and Guesthouses
  • Bath Centers
  • School Dormitories
  • Others
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 Preface
  1. 1.1 Scope of Report
  2. 1.2 Reasons for Doing This Study
  3. 1.3 Research Methodology
  4. 1.4 Research Process
  5. 1.5 Data Source
  6. 1.5.1 Secondary Sources
  7. 1.5.2 Primary Sources
2 Market Overview
  1. 2.1 Product Definition
  2. 2.2 Global Market Growth Prospects
  3. 2.2.1 Global Commercial Volumetric Natural Gas Water Heater Market Size (2021-2032)
  4. 2.2.2 Global Commercial Volumetric Natural Gas Water Heater Sales (2021-2032)
  5. 2.2.3 Global Commercial Volumetric Natural Gas Water Heater Market Average Price (2021-2032)
  6. 2.3 Commercial Volumetric Natural Gas Water Heater by Type
  7. 2.3.1 Market Value Comparison by Type (2021 VS 2025 VS 2032) & (US$ Million)
  8. 2.3.2 Vertical
  9. 2.3.3 Wall-mounted
  10. 2.4 Commercial Volumetric Natural Gas Water Heater by Application
  11. 2.4.1 Market Value Comparison by Application (2021 VS 2025 VS 2032)
  12. 2.4.2 Hotels and Guesthouses
  13. 2.4.3 Bath Centers
  14. 2.4.4 School Dormitories
  15. 2.4.5 Others
3 Market Competitive Landscape by Manufacturers
  1. 3.1 Global Commercial Volumetric Natural Gas Water Heater Market Competitive Situation by Manufacturers (2021 Versus 2025)
  2. 3.2 Global Commercial Volumetric Natural Gas Water Heater Sales (units) of Manufacturers (2021-2026)
  3. 3.3 Global Commercial Volumetric Natural Gas Water Heater Revenue of Manufacturers (2021-2026)
  4. 3.4 Global Commercial Volumetric Natural Gas Water Heater Average Price by Manufacturers (2021-2026)
  5. 3.5 Global Commercial Volumetric Natural Gas Water Heater Industry Ranking, 2024 VS 2025 VS 2026
  6. 3.6 Global Manufacturers of Commercial Volumetric Natural Gas Water Heater, Manufacturing Sites & Headquarters
  7. 3.7 Global Manufacturers of Commercial Volumetric Natural Gas Water Heater, Product Type & Application
  8. 3.8 Global Manufacturers of Commercial Volumetric Natural Gas Water Heater, Established Date
  9. 3.9 Global Commercial Volumetric Natural Gas Water Heater Market CR5 and HHI
  10. 3.10 Global Manufacturers Mergers & Acquisition
4 Manufacturers Profiled
  1. 4.1 Bradford White Corporation
  2. 4.1.1 Bradford White Corporation Company Information
  3. 4.1.2 Bradford White Corporation Business Overview
  4. 4.1.3 Bradford White Corporation Commercial Volumetric Natural Gas Water Heater Sales, Revenue and Gross Margin (2021-2026)
  5. 4.1.4 Bradford White Corporation Commercial Volumetric Natural Gas Water Heater Product Portfolio
  6. 4.1.5 Bradford White Corporation Recent Developments
  7. 4.2 A. O. Smith
  8. 4.2.1 A. O. Smith Company Information
  9. 4.2.2 A. O. Smith Business Overview
  10. 4.2.3 A. O. Smith Commercial Volumetric Natural Gas Water Heater Sales, Revenue and Gross Margin (2021-2026)
  11. 4.2.4 A. O. Smith Commercial Volumetric Natural Gas Water Heater Product Portfolio
  12. 4.2.5 A. O. Smith Recent Developments
  13. 4.3 Rheem
  14. 4.3.1 Rheem Company Information
  15. 4.3.2 Rheem Business Overview
  16. 4.3.3 Rheem Commercial Volumetric Natural Gas Water Heater Sales, Revenue and Gross Margin (2021-2026)
  17. 4.3.4 Rheem Commercial Volumetric Natural Gas Water Heater Product Portfolio
  18. 4.3.5 Rheem Recent Developments
  19. 4.4 American Standard Water Heaters
  20. 4.4.1 American Standard Water Heaters Company Information
  21. 4.4.2 American Standard Water Heaters Business Overview
  22. 4.4.3 American Standard Water Heaters Commercial Volumetric Natural Gas Water Heater Sales, Revenue and Gross Margin (2021-2026)
  23. 4.4.4 American Standard Water Heaters Commercial Volumetric Natural Gas Water Heater Product Portfolio
  24. 4.4.5 American Standard Water Heaters Recent Developments
  25. 4.5 Thermann
  26. 4.5.1 Thermann Company Information
  27. 4.5.2 Thermann Business Overview
  28. 4.5.3 Thermann Commercial Volumetric Natural Gas Water Heater Sales, Revenue and Gross Margin (2021-2026)
  29. 4.5.4 Thermann Commercial Volumetric Natural Gas Water Heater Product Portfolio
  30. 4.5.5 Thermann Recent Developments
  31. 4.6 State Industries
  32. 4.6.1 State Industries Company Information
  33. 4.6.2 State Industries Business Overview
  34. 4.6.3 State Industries Commercial Volumetric Natural Gas Water Heater Sales, Revenue and Gross Margin (2021-2026)
  35. 4.6.4 State Industries Commercial Volumetric Natural Gas Water Heater Product Portfolio
  36. 4.6.5 State Industries Recent Developments
  37. 4.7 NORITZ CORPORATION
  38. 4.7.1 NORITZ CORPORATION Company Information
  39. 4.7.2 NORITZ CORPORATION Business Overview
  40. 4.7.3 NORITZ CORPORATION Commercial Volumetric Natural Gas Water Heater Sales, Revenue and Gross Margin (2021-2026)
  41. 4.7.4 NORITZ CORPORATION Commercial Volumetric Natural Gas Water Heater Product Portfolio
  42. 4.7.5 NORITZ CORPORATION Recent Developments
  43. 4.8 Rinnai
  44. 4.8.1 Rinnai Company Information
  45. 4.8.2 Rinnai Business Overview
  46. 4.8.3 Rinnai Commercial Volumetric Natural Gas Water Heater Sales, Revenue and Gross Margin (2021-2026)
  47. 4.8.4 Rinnai Commercial Volumetric Natural Gas Water Heater Product Portfolio
  48. 4.8.5 Rinnai Recent Developments
  49. 4.9 Fangkuai Boiler Co., Ltd
  50. 4.9.1 Fangkuai Boiler Co., Ltd Company Information
  51. 4.9.2 Fangkuai Boiler Co., Ltd Business Overview
  52. 4.9.3 Fangkuai Boiler Co., Ltd Commercial Volumetric Natural Gas Water Heater Sales, Revenue and Gross Margin (2021-2026)
  53. 4.9.4 Fangkuai Boiler Co., Ltd Commercial Volumetric Natural Gas Water Heater Product Portfolio
  54. 4.9.5 Fangkuai Boiler Co., Ltd Recent Developments
  55. 4.10 SUNCGC
  56. 4.10.1 SUNCGC Company Information
  57. 4.10.2 SUNCGC Business Overview
  58. 4.10.3 SUNCGC Commercial Volumetric Natural Gas Water Heater Sales, Revenue and Gross Margin (2021-2026)
  59. 4.10.4 SUNCGC Commercial Volumetric Natural Gas Water Heater Product Portfolio
  60. 4.10.5 SUNCGC Recent Developments
  61. 4.11 SOOPOEN
  62. 4.11.1 SOOPOEN Company Information
  63. 4.11.2 SOOPOEN Business Overview
  64. 4.11.3 SOOPOEN Commercial Volumetric Natural Gas Water Heater Sales, Revenue and Gross Margin (2021-2026)
  65. 4.11.4 SOOPOEN Commercial Volumetric Natural Gas Water Heater Product Portfolio
  66. 4.11.5 SOOPOEN Recent Developments
  67. 4.12 OTT
  68. 4.12.1 OTT Company Information
  69. 4.12.2 OTT Business Overview
  70. 4.12.3 OTT Commercial Volumetric Natural Gas Water Heater Sales, Revenue and Gross Margin (2021-2026)
  71. 4.12.4 OTT Commercial Volumetric Natural Gas Water Heater Product Portfolio
  72. 4.12.5 OTT Recent Developments
  73. 4.13 JIANG GONG HEAT ENERGY
  74. 4.13.1 JIANG GONG HEAT ENERGY Company Information
  75. 4.13.2 JIANG GONG HEAT ENERGY Business Overview
  76. 4.13.3 JIANG GONG HEAT ENERGY Commercial Volumetric Natural Gas Water Heater Sales, Revenue and Gross Margin (2021-2026)
  77. 4.13.4 JIANG GONG HEAT ENERGY Commercial Volumetric Natural Gas Water Heater Product Portfolio
  78. 4.13.5 JIANG GONG HEAT ENERGY Recent Developments
5 Global Commercial Volumetric Natural Gas Water Heater Market Scenario by Region
  1. 5.1 Global Commercial Volumetric Natural Gas Water Heater Market Size by Region: 2021 VS 2025 VS 2032
  2. 5.2 Global Commercial Volumetric Natural Gas Water Heater Sales by Region: 2021-2032
  3. 5.2.1 Global Commercial Volumetric Natural Gas Water Heater Sales by Region: 2021-2026
  4. 5.2.2 Global Commercial Volumetric Natural Gas Water Heater Sales by Region: 2027-2032
  5. 5.3 Global Commercial Volumetric Natural Gas Water Heater Revenue by Region: 2021-2032
  6. 5.3.1 Global Commercial Volumetric Natural Gas Water Heater Revenue by Region: 2021-2026
  7. 5.3.2 Global Commercial Volumetric Natural Gas Water Heater Revenue by Region: 2027-2032
  8. 5.4 North America Commercial Volumetric Natural Gas Water Heater Market Facts & Figures by Country
  9. 5.4.1 North America Commercial Volumetric Natural Gas Water Heater Market Size by Country: 2021 VS 2025 VS 2032
  10. 5.4.2 North America Commercial Volumetric Natural Gas Water Heater Sales by Country (2021-2032)
  11. 5.4.3 North America Commercial Volumetric Natural Gas Water Heater Revenue by Country (2021-2032)
  12. 5.4.4 United States
  13. 5.4.5 Canada
  14. 5.4.6 Mexico
  15. 5.5 Europe Commercial Volumetric Natural Gas Water Heater Market Facts & Figures by Country
  16. 5.5.1 Europe Commercial Volumetric Natural Gas Water Heater Market Size by Country: 2021 VS 2025 VS 2032
  17. 5.5.2 Europe Commercial Volumetric Natural Gas Water Heater Sales by Country (2021-2032)
  18. 5.5.3 Europe Commercial Volumetric Natural Gas Water Heater Revenue by Country (2021-2032)
  19. 5.5.4 Germany
  20. 5.5.5 France
  21. 5.5.6 U.K.
  22. 5.5.7 Italy
  23. 5.5.8 Russia
  24. 5.5.9 Spain
  25. 5.5.10 Netherlands
  26. 5.5.11 Switzerland
  27. 5.5.12 Sweden
  28. 5.5.13 Poland
  29. 5.6 Asia Pacific Commercial Volumetric Natural Gas Water Heater Market Facts & Figures by Country
  30. 5.6.1 Asia Pacific Commercial Volumetric Natural Gas Water Heater Market Size by Country: 2021 VS 2025 VS 2032
  31. 5.6.2 Asia Pacific Commercial Volumetric Natural Gas Water Heater Sales by Country (2021-2032)
  32. 5.6.3 Asia Pacific Commercial Volumetric Natural Gas Water Heater Revenue by Country (2021-2032)
  33. 5.6.4 China
  34. 5.6.5 Japan
  35. 5.6.6 South Korea
  36. 5.6.7 India
  37. 5.6.8 Australia
  38. 5.6.9 Taiwan
  39. 5.6.10 Southeast Asia
  40. 5.7 South America Commercial Volumetric Natural Gas Water Heater Market Facts & Figures by Country
  41. 5.7.1 South America Commercial Volumetric Natural Gas Water Heater Market Size by Country: 2021 VS 2025 VS 2032
  42. 5.7.2 South America Commercial Volumetric Natural Gas Water Heater Sales by Country (2021-2032)
  43. 5.7.3 South America Commercial Volumetric Natural Gas Water Heater Revenue by Country (2021-2032)
  44. 5.7.4 Brazil
  45. 5.7.5 Argentina
  46. 5.7.6 Chile
  47. 5.7.7 Colombia
  48. 5.8 Middle East and Africa Commercial Volumetric Natural Gas Water Heater Market Facts & Figures by Country
  49. 5.8.1 Middle East and Africa Commercial Volumetric Natural Gas Water Heater Market Size by Country: 2021 VS 2025 VS 2032
  50. 5.8.2 Middle East and Africa Commercial Volumetric Natural Gas Water Heater Sales by Country (2021-2032)
  51. 5.8.3 Middle East and Africa Commercial Volumetric Natural Gas Water Heater Revenue by Country (2021-2032)
  52. 5.8.4 Egypt
  53. 5.8.5 South Africa
  54. 5.8.6 Israel
  55. 5.8.7 Türkiye
  56. 5.8.8 GCC Countries
6 Segment by Type
  1. 6.1 Global Commercial Volumetric Natural Gas Water Heater Sales by Type (2021-2032)
  2. 6.1.1 Global Commercial Volumetric Natural Gas Water Heater Sales by Type (2021-2032) & (units)
  3. 6.1.2 Global Commercial Volumetric Natural Gas Water Heater Sales Market Share by Type (2021-2032)
  4. 6.2 Global Commercial Volumetric Natural Gas Water Heater Revenue by Type (2021-2032)
  5. 6.2.1 Global Commercial Volumetric Natural Gas Water Heater Sales by Type (2021-2032) & (US$ Million)
  6. 6.2.2 Global Commercial Volumetric Natural Gas Water Heater Revenue Market Share by Type (2021-2032)
  7. 6.3 Global Commercial Volumetric Natural Gas Water Heater Price by Type (2021-2032)
7 Segment by Application
  1. 7.1 Global Commercial Volumetric Natural Gas Water Heater Sales by Application (2021-2032)
  2. 7.1.1 Global Commercial Volumetric Natural Gas Water Heater Sales by Application (2021-2032) & (units)
  3. 7.1.2 Global Commercial Volumetric Natural Gas Water Heater Sales Market Share by Application (2021-2032)
  4. 7.2 Global Commercial Volumetric Natural Gas Water Heater Revenue by Application (2021-2032)
  5. 7.2.1 Global Commercial Volumetric Natural Gas Water Heater Sales by Application (2021-2032) & (US$ Million)
  6. 7.2.2 Global Commercial Volumetric Natural Gas Water Heater Revenue Market Share by Application (2021-2032)
  7. 7.3 Global Commercial Volumetric Natural Gas Water Heater Price by Application (2021-2032)
8 Value Chain and Sales Channels Analysis of the Market
  1. 8.1 Commercial Volumetric Natural Gas Water Heater Value Chain Analysis
  2. 8.1.1 Commercial Volumetric Natural Gas Water Heater Key Raw Materials
  3. 8.1.2 Raw Materials Key Suppliers
  4. 8.1.3 Commercial Volumetric Natural Gas Water Heater Production Mode & Process
  5. 8.2 Commercial Volumetric Natural Gas Water Heater Sales Channels Analysis
  6. 8.2.1 Direct Comparison with Distribution Share
  7. 8.2.2 Commercial Volumetric Natural Gas Water Heater Distributors
  8. 8.2.3 Commercial Volumetric Natural Gas Water Heater Customers
9 Global Commercial Volumetric Natural Gas Water Heater Analyzing Market Dynamics
  1. 9.1 Commercial Volumetric Natural Gas Water Heater Industry Trends
  2. 9.2 Commercial Volumetric Natural Gas Water Heater Industry Drivers
  3. 9.3 Commercial Volumetric Natural Gas Water Heater Industry Opportunities and Challenges
  4. 9.4 Commercial Volumetric Natural Gas Water Heater Industry Restraints
10 Report Conclusion
    11 Disclaimer

      GET THE RESEARCH

      Choose your license.

      Choose who needs access.
      All options are for this report and research series.

      Compare access permissions.

      Single User License
      One named user. Individual access.
      Multi User License
      Up to 5 users in the same department.
      Enterprise License
      Organization-wide access within the agreed license.

      Access applies to the purchased edition. Later editions are separate purchases.

      License options
      $2,950USD
      Buy now

      PDF by email within 3–5 working days after payment confirmation.

      Talk to an analyst
      APO Research