| Product Code: ETC4521336 | Publication Date: Jul 2023 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
In the Australia commercial water heaters market, the import trend showed a growth rate of 4.65% from 2023 to 2024, with a compound annual growth rate (CAGR) of 0.64% from 2020 to 2024. This modest growth can be attributed to a gradual demand shift towards more energy-efficient heating solutions in compliance with evolving environmental regulations.
In Australia, the Commercial Water Heaters market is witnessing steady growth, propelled by factors such as population growth, urbanization, and increasing demand for hot water in commercial applications. Commercial water heaters are used in various sectors including hospitality, healthcare, education, and manufacturing for applications such as space heating, hot water supply, and process heating. Factors such as replacement of aging infrastructure, adoption of energy-efficient heating solutions, and technological advancements in water heater design are driving market growth. Moreover, government incentives and rebates for energy-efficient equipment are expected to further stimulate market demand in Australia.
In Australia, the Commercial Water Heaters market is experiencing robust growth, fueled by several drivers. One significant driver is the increasing awareness of energy efficiency and environmental sustainability in commercial building operations. Commercial water heaters are essential for providing hot water for various applications, including sanitation, space heating, and industrial processes. Moreover, regulatory mandates and building codes for energy efficiency are driving the adoption of high-efficiency water heating technologies, such as heat pumps, solar water heaters, and condensing boilers, in Australia. Additionally, advancements in insulation materials and digital controls are further driving market growth.
Similar to the challenges facing the Commercial Water Heater market, the Australia Commercial Water Heaters Market also grapples with issues related to energy efficiency, environmental sustainability, and water conservation. Manufacturers need to invest in research and development to develop eco-friendly and energy-efficient water heating solutions that meet the evolving needs of commercial users. Additionally, addressing issues such as scale buildup, corrosion, and maintenance requirements poses ongoing challenges for market players.
The Australia Commercial Water Heaters market is affected by government policies addressing energy efficiency, environmental sustainability, and building standards. Government regulations set minimum efficiency requirements for water heating equipment installed in commercial buildings to reduce energy consumption and carbon emissions. Energy labeling schemes and rebate programs incentivize businesses to invest in energy-efficient water heaters and renewable energy technologies. Additionally, government initiatives may promote research and development in advanced water heating technologies to support the transition to a low-carbon economy.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia Commercial Water Heaters Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Commercial Water Heaters Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Commercial Water Heaters Market - Industry Life Cycle |
3.4 Australia Commercial Water Heaters Market - Porter's Five Forces |
3.5 Australia Commercial Water Heaters Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Australia Commercial Water Heaters Market Revenues & Volume Share, By Liter, 2021 & 2031F |
3.7 Australia Commercial Water Heaters Market Revenues & Volume Share, By Rated Capacity, 2021 & 2031F |
4 Australia Commercial Water Heaters Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for energy-efficient solutions in commercial buildings |
4.2.2 Growth in the hospitality and healthcare sectors leading to higher demand for commercial water heaters |
4.2.3 Government initiatives promoting the adoption of sustainable technologies |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting manufacturing costs |
4.3.2 Intense competition among market players leading to pricing pressures |
4.3.3 Regulatory challenges related to energy efficiency standards and environmental regulations |
5 Australia Commercial Water Heaters Market Trends |
6 Australia Commercial Water Heaters Market, By Types |
6.1 Australia Commercial Water Heaters Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Australia Commercial Water Heaters Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Australia Commercial Water Heaters Market Revenues & Volume, By Electric, 2021-2031F |
6.1.4 Australia Commercial Water Heaters Market Revenues & Volume, By Gas, 2021-2031F |
6.1.5 Australia Commercial Water Heaters Market Revenues & Volume, By Oil, 2021-2031F |
6.1.6 Australia Commercial Water Heaters Market Revenues & Volume, By Heat Pump, 2021-2031F |
6.1.7 Australia Commercial Water Heaters Market Revenues & Volume, By Solar, 2021-2031F |
6.1.8 Australia Commercial Water Heaters Market Revenues & Volume, By Hybrid & Others, 2021-2031F |
6.2 Australia Commercial Water Heaters Market, By Liter |
6.2.1 Overview and Analysis |
6.2.2 Australia Commercial Water Heaters Market Revenues & Volume, By Below 500 Liters, 2021-2031F |
6.2.3 Australia Commercial Water Heaters Market Revenues & Volume, By 500-1,000 Liters, 2021-2031F |
6.2.4 Australia Commercial Water Heaters Market Revenues & Volume, By 1,000-3,000 Liters, 2021-2031F |
6.2.5 Australia Commercial Water Heaters Market Revenues & Volume, By 3,000-4,000 Liters, 2021-2031F |
6.2.6 Australia Commercial Water Heaters Market Revenues & Volume, By Above 4,000 Liters, 2021-2031F |
6.3 Australia Commercial Water Heaters Market, By Rated Capacity |
6.3.1 Overview and Analysis |
6.3.2 Australia Commercial Water Heaters Market Revenues & Volume, By Up to 10kW, 2021-2031F |
6.3.3 Australia Commercial Water Heaters Market Revenues & Volume, By 10-50kW, 2021-2031F |
6.3.4 Australia Commercial Water Heaters Market Revenues & Volume, By 50-150kW & more, 2021-2031F |
7 Australia Commercial Water Heaters Market Import-Export Trade Statistics |
7.1 Australia Commercial Water Heaters Market Export to Major Countries |
7.2 Australia Commercial Water Heaters Market Imports from Major Countries |
8 Australia Commercial Water Heaters Market Key Performance Indicators |
8.1 Energy efficiency ratings of commercial water heaters |
8.2 Adoption rate of heat pump water heaters in commercial buildings |
8.3 Number of government rebates or incentives availed for installing energy-efficient water heating solutions |
9 Australia Commercial Water Heaters Market - Opportunity Assessment |
9.1 Australia Commercial Water Heaters Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Australia Commercial Water Heaters Market Opportunity Assessment, By Liter, 2021 & 2031F |
9.3 Australia Commercial Water Heaters Market Opportunity Assessment, By Rated Capacity, 2021 & 2031F |
10 Australia Commercial Water Heaters Market - Competitive Landscape |
10.1 Australia Commercial Water Heaters Market Revenue Share, By Companies, 2024 |
10.2 Australia Commercial Water Heaters Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |