India Gas Water Heater Market (2025-2031) | Investment Trends, Companies, Competitive, Strategic Insights, Outlook, Forecast, Drivers, Supply, Revenue, Competition, Segmentation, Size, Demand, Opportunities, Restraints, Industry, Consumer Insights, Segments, Growth, Pricing Analysis, Challenges, Share, Analysis, Strategy, Trends, Value

Market Forecast By Type (Residential, Commercial), By Gas Type (Natural Gas, Propane, Butane), By Ignition System (Electronic Ignition, Pilot Light Ignition, Source: https://www.marketresearchfuture.com/reports/gas-water-heater-market/toc), By Tank Capacity (Up to 40 Gallons, 40-60 Gallons, Over 60 Gallons), By Energy Efficiency (Standard Efficiency, High Efficiency, Ultra-High Efficiency) And Competitive Landscape
Product Code: ETC12220494 Publication Date: Apr 2025 Updated Date: Aug 2025 Product Type: Market Research Report
Publisher: 6Wresearch Author: Shubham Padhi No. of Pages: 65 No. of Figures: 34 No. of Tables: 19

India Gas Water Heater Market Import Shipment Trend (2020-2024)

The India gas water heater market import shipment showcased robust growth with a notable CAGR of 27.9% from 2020 to 2024. The momentum accelerated further between 2023 and 2024, recording a growth rate of 113.8%. The market significantly expanded, indicating a strong upward trend and increasing demand during the period.

Graph Showing India gas water heater market Shipment Trend & Volume from 2020-2024

India Gas Water Heater Market Market Overview

The India gas water heater market is witnessing steady growth driven by factors such as increasing urbanization, rising disposable incomes, and growing awareness regarding energy efficiency. Consumers in India are increasingly opting for gas water heaters due to their cost-effectiveness, faster heating capabilities, and reliability compared to electric water heaters. Key players in the market are focusing on innovation, product development, and expanding their distribution networks to capture a larger market share. The demand for gas water heaters is particularly high in urban areas where natural gas pipelines are available, enabling easy access and installation. Government initiatives promoting clean energy solutions and increasing concerns about environmental sustainability are also fueling the adoption of gas water heaters in India. As a result, the market is expected to continue growing in the coming years with a shift towards more energy-efficient and eco-friendly heating solutions.

India Gas Water Heater Market Trends

The gas water heater market in India is experiencing a shift towards more energy-efficient and eco-friendly models. Consumers are increasingly seeking water heaters that offer higher energy efficiency ratings to reduce electricity consumption and lower utility bills. Tankless gas water heaters are gaining popularity due to their compact design, instant hot water supply, and energy-saving benefits. Additionally, there is a growing demand for smart water heaters that can be controlled remotely via mobile apps for convenience and energy management. Manufacturers in the Indian gas water heater market are focusing on innovation and product differentiation to cater to these evolving consumer preferences. Overall, the market is witnessing a trend towards more sustainable and technologically advanced gas water heater solutions.

India Gas Water Heater Market Challenges

In the India gas water heater market, several challenges are faced, including widespread availability and affordability of alternative heating technologies such as electric water heaters and solar water heaters. Additionally, concerns about safety and potential gas leaks may deter consumers from opting for gas water heaters. Infrastructure limitations, such as inconsistent gas supply and distribution networks in some regions, also pose challenges for the market penetration of gas water heaters. Furthermore, the perception of gas water heaters being less energy-efficient compared to other options could impact consumer preferences. Market players in the India gas water heater sector need to address these challenges by focusing on product innovation, promoting safety features, improving distribution networks, and educating consumers about the benefits of gas water heaters to increase market share and competitiveness.

India Gas Water Heater Market Investment Opportunities

The India gas water heater market presents promising investment opportunities due to factors such as increasing urbanization, rising disposable income, and growing awareness about energy efficiency. With a shift towards eco-friendly and cost-effective heating solutions, the demand for gas water heaters is expected to rise. Investing in this market could be lucrative for companies offering advanced technology, energy-efficient models, and innovative features to cater to the evolving consumer preferences. Additionally, government initiatives promoting clean energy sources and the expansion of gas pipeline infrastructure further support the growth of the gas water heater market in India. Overall, investing in this sector could prove to be a strategic move for companies looking to capitalize on the growing demand for efficient and sustainable heating solutions in the Indian market.

India Gas Water Heater Market Government Policy

In India, the gas water heater market is heavily influenced by government policies aimed at promoting energy efficiency and sustainability. The Bureau of Energy Efficiency (BEE) has implemented star rating guidelines for gas water heaters to encourage consumers to choose more energy-efficient models. Additionally, the Indian government has introduced incentive programs and subsidies for the adoption of solar water heaters as part of its renewable energy initiatives. Regulations are also in place to ensure the safety and quality of gas water heaters, with standards set by the Bureau of Indian Standards (BIS) that manufacturers must adhere to. Overall, these policies are driving the market towards more eco-friendly and efficient gas water heater options while ensuring consumer safety and product quality.

India Gas Water Heater Market Future Outlook

The India gas water heater market is anticipated to witness steady growth in the coming years due to increasing urbanization, rising disposable incomes, and a growing preference for energy-efficient and cost-effective water heating solutions. Government initiatives promoting clean energy adoption and the expansion of natural gas infrastructure are also expected to drive market growth. Additionally, the growing awareness about environmental sustainability and the benefits of gas water heaters over electric ones are likely to further boost market demand. Manufacturers are focusing on developing innovative products with advanced features to cater to consumer needs, leading to a competitive market landscape. Overall, the India gas water heater market is poised for expansion as consumers seek reliable and efficient water heating solutions amidst changing lifestyles and increasing concerns about energy conservation.

Key Highlights of the Report:

  • India Gas Water Heater Market Outlook
  • Market Size of India Gas Water Heater Market,2024
  • Forecast of India Gas Water Heater Market, 2031
  • Historical Data and Forecast of India Gas Water Heater Revenues & Volume for the Period 2021-2031
  • India Gas Water Heater Market Trend Evolution
  • India Gas Water Heater Market Drivers and Challenges
  • India Gas Water Heater Price Trends
  • India Gas Water Heater Porter's Five Forces
  • India Gas Water Heater Industry Life Cycle
  • Historical Data and Forecast of India Gas Water Heater Market Revenues & Volume By Type for the Period 2021-2031
  • Historical Data and Forecast of India Gas Water Heater Market Revenues & Volume By Residential for the Period 2021-2031
  • Historical Data and Forecast of India Gas Water Heater Market Revenues & Volume By Commercial for the Period 2021-2031
  • Historical Data and Forecast of India Gas Water Heater Market Revenues & Volume By Gas Type for the Period 2021-2031
  • Historical Data and Forecast of India Gas Water Heater Market Revenues & Volume By Natural Gas for the Period 2021-2031
  • Historical Data and Forecast of India Gas Water Heater Market Revenues & Volume By Propane for the Period 2021-2031
  • Historical Data and Forecast of India Gas Water Heater Market Revenues & Volume By Butane for the Period 2021-2031
  • Historical Data and Forecast of India Gas Water Heater Market Revenues & Volume By Ignition System for the Period 2021-2031
  • Historical Data and Forecast of India Gas Water Heater Market Revenues & Volume By Electronic Ignition for the Period 2021-2031
  • Historical Data and Forecast of India Gas Water Heater Market Revenues & Volume By Pilot Light Ignition for the Period 2021-2031
  • Historical Data and Forecast of India Gas Water Heater Market Revenues & Volume By Source: https://www.marketresearchfuture.com/reports/gas-water-heater-market/toc for the Period 2021-2031
  • Historical Data and Forecast of India Gas Water Heater Market Revenues & Volume By Tank Capacity for the Period 2021-2031
  • Historical Data and Forecast of India Gas Water Heater Market Revenues & Volume By Up to 40 Gallons for the Period 2021-2031
  • Historical Data and Forecast of India Gas Water Heater Market Revenues & Volume By 40-60 Gallons for the Period 2021-2031
  • Historical Data and Forecast of India Gas Water Heater Market Revenues & Volume By Over 60 Gallons for the Period 2021-2031
  • Historical Data and Forecast of India Gas Water Heater Market Revenues & Volume By Energy Efficiency for the Period 2021-2031
  • Historical Data and Forecast of India Gas Water Heater Market Revenues & Volume By Standard Efficiency for the Period 2021-2031
  • Historical Data and Forecast of India Gas Water Heater Market Revenues & Volume By High Efficiency for the Period 2021-2031
  • Historical Data and Forecast of India Gas Water Heater Market Revenues & Volume By Ultra-High Efficiency for the Period 2021-2031
  • India Gas Water Heater Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Gas Type
  • Market Opportunity Assessment By Ignition System
  • Market Opportunity Assessment By Tank Capacity
  • Market Opportunity Assessment By Energy Efficiency
  • India Gas Water Heater Top Companies Market Share
  • India Gas Water Heater Competitive Benchmarking By Technical and Operational Parameters
  • India Gas Water Heater Company Profiles
  • India Gas Water Heater Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the India Gas Water Heater Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the India Gas Water Heater Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com

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 India Gas Water Heater Market Overview

3.1 India Country Macro Economic Indicators

3.2 India Gas Water Heater Market Revenues & Volume, 2021 & 2031F

3.3 India Gas Water Heater Market - Industry Life Cycle

3.4 India Gas Water Heater Market - Porter's Five Forces

3.5 India Gas Water Heater Market Revenues & Volume Share, By Type, 2021 & 2031F

3.6 India Gas Water Heater Market Revenues & Volume Share, By Gas Type, 2021 & 2031F

3.7 India Gas Water Heater Market Revenues & Volume Share, By Ignition System, 2021 & 2031F

3.8 India Gas Water Heater Market Revenues & Volume Share, By Tank Capacity, 2021 & 2031F

3.9 India Gas Water Heater Market Revenues & Volume Share, By Energy Efficiency, 2021 & 2031F

4 India Gas Water Heater Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for energy-efficient appliances in India

4.2.2 Growing urbanization and infrastructure development leading to higher adoption of gas water heaters

4.2.3 Government initiatives promoting clean energy sources like natural gas

4.3 Market Restraints

4.3.1 High initial cost of gas water heaters compared to electric water heaters

4.3.2 Limited availability of natural gas infrastructure in certain regions of India

4.3.3 Lack of awareness about the benefits of gas water heaters among consumers

5 India Gas Water Heater Market Trends

6 India Gas Water Heater Market, By Types

6.1 India Gas Water Heater Market, By Type

6.1.1 Overview and Analysis

6.1.2 India Gas Water Heater Market Revenues & Volume, By Type, 2021 - 2031F

6.1.3 India Gas Water Heater Market Revenues & Volume, By Residential, 2021 - 2031F

6.1.4 India Gas Water Heater Market Revenues & Volume, By Commercial, 2021 - 2031F

6.2 India Gas Water Heater Market, By Gas Type

6.2.1 Overview and Analysis

6.2.2 India Gas Water Heater Market Revenues & Volume, By Natural Gas, 2021 - 2031F

6.2.3 India Gas Water Heater Market Revenues & Volume, By Propane, 2021 - 2031F

6.2.4 India Gas Water Heater Market Revenues & Volume, By Butane, 2021 - 2031F

6.3 India Gas Water Heater Market, By Ignition System

6.3.1 Overview and Analysis

6.3.2 India Gas Water Heater Market Revenues & Volume, By Electronic Ignition, 2021 - 2031F

6.3.3 India Gas Water Heater Market Revenues & Volume, By Pilot Light Ignition, 2021 - 2031F

6.3.4 India Gas Water Heater Market Revenues & Volume, By Source: https://www.marketresearchfuture.com/reports/gas-water-heater-market/toc, 2021 - 2031F

6.4 India Gas Water Heater Market, By Tank Capacity

6.4.1 Overview and Analysis

6.4.2 India Gas Water Heater Market Revenues & Volume, By Up to 40 Gallons, 2021 - 2031F

6.4.3 India Gas Water Heater Market Revenues & Volume, By 40-60 Gallons, 2021 - 2031F

6.4.4 India Gas Water Heater Market Revenues & Volume, By Over 60 Gallons, 2021 - 2031F

6.5 India Gas Water Heater Market, By Energy Efficiency

6.5.1 Overview and Analysis

6.5.2 India Gas Water Heater Market Revenues & Volume, By Standard Efficiency, 2021 - 2031F

6.5.3 India Gas Water Heater Market Revenues & Volume, By High Efficiency, 2021 - 2031F

6.5.4 India Gas Water Heater Market Revenues & Volume, By Ultra-High Efficiency, 2021 - 2031F

7 India Gas Water Heater Market Import-Export Trade Statistics

7.1 India Gas Water Heater Market Export to Major Countries

7.2 India Gas Water Heater Market Imports from Major Countries

8 India Gas Water Heater Market Key Performance Indicators

8.1 Average annual household income in India

8.2 Number of residential construction projects in urban areas

8.3 Percentage of households connected to natural gas supply

8.4 Government subsidies or incentives for energy-efficient appliances

8.5 Consumer awareness campaigns about the advantages of gas water heaters

9 India Gas Water Heater Market - Opportunity Assessment

9.1 India Gas Water Heater Market Opportunity Assessment, By Type, 2021 & 2031F

9.2 India Gas Water Heater Market Opportunity Assessment, By Gas Type, 2021 & 2031F

9.3 India Gas Water Heater Market Opportunity Assessment, By Ignition System, 2021 & 2031F

9.4 India Gas Water Heater Market Opportunity Assessment, By Tank Capacity, 2021 & 2031F

9.5 India Gas Water Heater Market Opportunity Assessment, By Energy Efficiency, 2021 & 2031F

10 India Gas Water Heater Market - Competitive Landscape

10.1 India Gas Water Heater Market Revenue Share, By Companies, 2024

10.2 India Gas Water Heater Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

Pricing
  • Single User License
    $ 1,995
  • Department License
    $ 2,400
  • Site License
    $ 3,120
  • Global License
    $ 3,795
6Wresearch Support

Any Query

Call: +91-11-4302-4305
Email us: sales@6wresearch.com
Any Query? Click Here

Related Reports

Industry Events and Analyst Meet

Our Clients

Airtel
Canon
Contec
HoneyWell
Kriloskar
Pwc Logo
Samsung
Tata Teleservices

Whitepaper

Read All