WATER HEATER MARKET ANALYSIS

Market News

Global Water Heater Market: Key Developments

On January 31, 2022, GE Appliances, a Haier company, Air and Water Solutions, is set to exhibit for the first time as a new division at AHR Expo booth N8106. The division is a dedicated solutions provider of residential and light commercial water heaters, water filtration, HVAC, and ductless heating and cooling solutions for professional contractors and wholesale distributors.

In September 2022, A. O. Smith, a water heating and water treatment industry leader, announces the addition of the Voltex AL (anti-leak) hybrid electric heat pump water heater to its residential product line. The Voltex AL model leads the water heating industry in efficiency, with the 66-gallon unit having the highest overall Uniform Energy Factor (UEF) of 4.02 and the 50-gallon unit having the highest UEF of 3.8. It's also available in an 80-gallon version.

On January. 4, 2023, Bradford White Water Heaters, an industry-leading US manufacturer of water heaters, boilers, and storage tanks, introduces Bradford White Connect, an external adapter providing app-driven monitoring technology for the AeroTherm heat pump water heater (HPWH) series.

On March 20, 2023, Bradford White Water Heaters, an industry-leading American manufacturer of water heaters, boilers, and storage tanks, announces that its Infiniti® GS and GR tankless water heaters and select eF Series Ultra High Efficiency commercial tank gas water heaters have been certified by the Green Restaurant Association (GRA), the leading voice within the Green Restaurant movement, for use in GRA-certified restaurants.

On February 21, 2023, Rheem Manufacturing Company, a leading global manufacturer of water heating and HVACR products, is introducing Rheem Maximus, a super high-efficiency gas water heater designed with a powerful, efficient burner.