| Product Code: ETC4521327 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The commercial water heaters market in Malaysia is witnessing steady growth, driven by the increasing demand for reliable and energy-efficient water heating solutions in commercial establishments such as hotels, restaurants, and healthcare facilities. This market encompasses a range of technologies, including tankless water heaters, heat pump water heaters, and solar water heating systems, designed to meet the specific requirements of commercial applications. Government regulations promoting energy conservation and efficiency in commercial buildings have contributed to the market`s expansion. Manufacturers are focusing on developing high-capacity and energy-efficient water heating solutions to cater to the diverse needs of commercial customers.
The commercial water heaters market in Malaysia is predominantly driven by the growth of the hospitality, healthcare, and industrial sectors. These industries require a reliable and efficient supply of hot water for various applications. The adoption of energy-efficient and high-capacity water heating solutions in commercial settings is propelled by the need to reduce operational costs and enhance customer satisfaction.
The Commercial Water Heaters Market in Malaysia is confronted by several challenges. One of the primary issues is the need for energy-efficient and eco-friendly solutions to align with Malaysia sustainability goals. Regulations and standards in this sector are evolving, and manufacturers must adapt to meet these requirements. Price fluctuations in energy resources, like electricity and gas, can affect the market`s stability, making it imperative to develop technologies that can reduce operational costs. The market also faces the challenge of convincing businesses to invest in modern water heating systems, as traditional methods may seem more cost-effective in the short term.
The commercial water heaters market in Malaysia felt the impact of the COVID-19 pandemic in various ways. With many businesses experiencing temporary closures or reduced operations, there was a noticeable decline in the immediate demand for commercial water heaters, particularly in sectors such as hospitality and retail. However, as businesses gradually resumed operations and hygiene standards remained a priority, there emerged a renewed focus on upgrading or replacing water heating systems to meet stringent health and safety requirements. This shift in focus is expected to drive market growth in the coming years.
In the Malaysia Commercial Water Heaters Market, major players include Rheem Manufacturing Company, A. O. Smith Corporation, and Bradford White Corporation. Rheem Manufacturing, a global leader in heating and cooling systems, offers a variety of commercial water heating solutions. A. O. Smith Corporation is known for its advanced water heating technologies, making it a significant player in the Malaysia market. Bradford White Corporation is another key player, providing commercial water heaters designed for efficiency and reliability.
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 Malaysia Commercial Water Heaters Market Overview |
3.1 Malaysia Country Macro Economic Indicators |
3.2 Malaysia Commercial Water Heaters Market Revenues & Volume, 2021 & 2031F |
3.3 Malaysia Commercial Water Heaters Market - Industry Life Cycle |
3.4 Malaysia Commercial Water Heaters Market - Porter's Five Forces |
3.5 Malaysia Commercial Water Heaters Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Malaysia Commercial Water Heaters Market Revenues & Volume Share, By Liter, 2021 & 2031F |
3.7 Malaysia Commercial Water Heaters Market Revenues & Volume Share, By Rated Capacity, 2021 & 2031F |
4 Malaysia 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 sector leading to higher demand for water heaters |
4.2.3 Government initiatives promoting the use of renewable energy sources in commercial establishments |
4.3 Market Restraints |
4.3.1 High initial costs associated with installing commercial water heaters |
4.3.2 Fluctuating raw material prices impacting the manufacturing cost of water heaters |
4.3.3 Lack of awareness about the benefits of using advanced water heating technologies in commercial settings |
5 Malaysia Commercial Water Heaters Market Trends |
6 Malaysia Commercial Water Heaters Market, By Types |
6.1 Malaysia Commercial Water Heaters Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Malaysia Commercial Water Heaters Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Malaysia Commercial Water Heaters Market Revenues & Volume, By Electric, 2021-2031F |
6.1.4 Malaysia Commercial Water Heaters Market Revenues & Volume, By Gas, 2021-2031F |
6.1.5 Malaysia Commercial Water Heaters Market Revenues & Volume, By Oil, 2021-2031F |
6.1.6 Malaysia Commercial Water Heaters Market Revenues & Volume, By Heat Pump, 2021-2031F |
6.1.7 Malaysia Commercial Water Heaters Market Revenues & Volume, By Solar, 2021-2031F |
6.1.8 Malaysia Commercial Water Heaters Market Revenues & Volume, By Hybrid & Others, 2021-2031F |
6.2 Malaysia Commercial Water Heaters Market, By Liter |
6.2.1 Overview and Analysis |
6.2.2 Malaysia Commercial Water Heaters Market Revenues & Volume, By Below 500 Liters, 2021-2031F |
6.2.3 Malaysia Commercial Water Heaters Market Revenues & Volume, By 500-1,000 Liters, 2021-2031F |
6.2.4 Malaysia Commercial Water Heaters Market Revenues & Volume, By 1,000-3,000 Liters, 2021-2031F |
6.2.5 Malaysia Commercial Water Heaters Market Revenues & Volume, By 3,000-4,000 Liters, 2021-2031F |
6.2.6 Malaysia Commercial Water Heaters Market Revenues & Volume, By Above 4,000 Liters, 2021-2031F |
6.3 Malaysia Commercial Water Heaters Market, By Rated Capacity |
6.3.1 Overview and Analysis |
6.3.2 Malaysia Commercial Water Heaters Market Revenues & Volume, By Up to 10kW, 2021-2031F |
6.3.3 Malaysia Commercial Water Heaters Market Revenues & Volume, By 10-50kW, 2021-2031F |
6.3.4 Malaysia Commercial Water Heaters Market Revenues & Volume, By 50-150kW & more, 2021-2031F |
7 Malaysia Commercial Water Heaters Market Import-Export Trade Statistics |
7.1 Malaysia Commercial Water Heaters Market Export to Major Countries |
7.2 Malaysia Commercial Water Heaters Market Imports from Major Countries |
8 Malaysia Commercial Water Heaters Market Key Performance Indicators |
8.1 Energy efficiency rating of commercial water heaters |
8.2 Number of new commercial construction projects in Malaysia |
8.3 Adoption rate of solar-powered commercial water heaters in the market |
9 Malaysia Commercial Water Heaters Market - Opportunity Assessment |
9.1 Malaysia Commercial Water Heaters Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Malaysia Commercial Water Heaters Market Opportunity Assessment, By Liter, 2021 & 2031F |
9.3 Malaysia Commercial Water Heaters Market Opportunity Assessment, By Rated Capacity, 2021 & 2031F |
10 Malaysia Commercial Water Heaters Market - Competitive Landscape |
10.1 Malaysia Commercial Water Heaters Market Revenue Share, By Companies, 2024 |
10.2 Malaysia Commercial Water Heaters Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |