| Product Code: ETC4521340 | Publication Date: Jul 2023 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
Saudi Arabia`s import trend for commercial water heaters experienced significant growth from 2023 to 2024, with a remarkable increase of 123.31%. The compound annual growth rate (CAGR) for the period 2020-2024 stood at an impressive 338.4%. This surge in imports can be attributed to a notable shift in demand towards energy-efficient and advanced water heating solutions, reflecting a market responding to evolving consumer preferences and environmental considerations.
Commercial water heaters are designed for large-scale hot water production in commercial and industrial settings. In Saudi Arabia, this market pertains to the manufacturing and adoption of commercial water heating solutions.
The commercial water heaters market is witnessing growth as businesses and institutions seek reliable and energy-efficient water heating solutions. Commercial water heaters are essential for various applications, including hotels, hospitals, and industrial facilities. With the demand for cost-effective and sustainable water heating, the market for commercial water heaters is expanding in Saudi Arabia.
The commercial water heaters market in Saudi Arabia encounters challenges related to improving the energy efficiency and reliability of commercial water heating systems while addressing the diverse needs of different industries and businesses.
The commercial water heaters market encountered disruptions due to COVID-19, particularly in the commercial and industrial sectors. Recovery is closely tied to the resumption of commercial and industrial activities and the demand for reliable and energy-efficient water heating solutions.
Prominent companies in the Saudi Arabia commercial water heaters market include Rheem Manufacturing Company, A. O. Smith Corporation, and Bradford White Corporation, providing commercial water heating solutions.
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 Saudi Arabia Commercial Water Heaters Market Overview |
3.1 Saudi Arabia Country Macro Economic Indicators |
3.2 Saudi Arabia Commercial Water Heaters Market Revenues & Volume, 2021 & 2031F |
3.3 Saudi Arabia Commercial Water Heaters Market - Industry Life Cycle |
3.4 Saudi Arabia Commercial Water Heaters Market - Porter's Five Forces |
3.5 Saudi Arabia Commercial Water Heaters Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Saudi Arabia Commercial Water Heaters Market Revenues & Volume Share, By Liter, 2021 & 2031F |
3.7 Saudi Arabia Commercial Water Heaters Market Revenues & Volume Share, By Rated Capacity, 2021 & 2031F |
4 Saudi Arabia Commercial Water Heaters Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing construction activities in Saudi Arabia |
4.2.2 Growing demand for energy-efficient water heating solutions |
4.2.3 Government initiatives promoting the use of renewable energy sources |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting manufacturing costs |
4.3.2 Competition from alternative water heating technologies |
4.3.3 Economic uncertainty affecting investment in commercial projects |
5 Saudi Arabia Commercial Water Heaters Market Trends |
6 Saudi Arabia Commercial Water Heaters Market, By Types |
6.1 Saudi Arabia Commercial Water Heaters Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Saudi Arabia Commercial Water Heaters Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Saudi Arabia Commercial Water Heaters Market Revenues & Volume, By Electric, 2021-2031F |
6.1.4 Saudi Arabia Commercial Water Heaters Market Revenues & Volume, By Gas, 2021-2031F |
6.1.5 Saudi Arabia Commercial Water Heaters Market Revenues & Volume, By Oil, 2021-2031F |
6.1.6 Saudi Arabia Commercial Water Heaters Market Revenues & Volume, By Heat Pump, 2021-2031F |
6.1.7 Saudi Arabia Commercial Water Heaters Market Revenues & Volume, By Solar, 2021-2031F |
6.1.8 Saudi Arabia Commercial Water Heaters Market Revenues & Volume, By Hybrid & Others, 2021-2031F |
6.2 Saudi Arabia Commercial Water Heaters Market, By Liter |
6.2.1 Overview and Analysis |
6.2.2 Saudi Arabia Commercial Water Heaters Market Revenues & Volume, By Below 500 Liters, 2021-2031F |
6.2.3 Saudi Arabia Commercial Water Heaters Market Revenues & Volume, By 500-1,000 Liters, 2021-2031F |
6.2.4 Saudi Arabia Commercial Water Heaters Market Revenues & Volume, By 1,000-3,000 Liters, 2021-2031F |
6.2.5 Saudi Arabia Commercial Water Heaters Market Revenues & Volume, By 3,000-4,000 Liters, 2021-2031F |
6.2.6 Saudi Arabia Commercial Water Heaters Market Revenues & Volume, By Above 4,000 Liters, 2021-2031F |
6.3 Saudi Arabia Commercial Water Heaters Market, By Rated Capacity |
6.3.1 Overview and Analysis |
6.3.2 Saudi Arabia Commercial Water Heaters Market Revenues & Volume, By Up to 10kW, 2021-2031F |
6.3.3 Saudi Arabia Commercial Water Heaters Market Revenues & Volume, By 10-50kW, 2021-2031F |
6.3.4 Saudi Arabia Commercial Water Heaters Market Revenues & Volume, By 50-150kW & more, 2021-2031F |
7 Saudi Arabia Commercial Water Heaters Market Import-Export Trade Statistics |
7.1 Saudi Arabia Commercial Water Heaters Market Export to Major Countries |
7.2 Saudi Arabia Commercial Water Heaters Market Imports from Major Countries |
8 Saudi Arabia Commercial Water Heaters Market Key Performance Indicators |
8.1 Adoption rate of energy-efficient water heaters in commercial buildings |
8.2 Number of new commercial construction permits issued |
8.3 Investment in renewable energy projects in Saudi Arabia |
8.4 Average energy consumption of commercial water heaters |
8.5 Rate of technological advancements in the commercial water heating sector |
9 Saudi Arabia Commercial Water Heaters Market - Opportunity Assessment |
9.1 Saudi Arabia Commercial Water Heaters Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Saudi Arabia Commercial Water Heaters Market Opportunity Assessment, By Liter, 2021 & 2031F |
9.3 Saudi Arabia Commercial Water Heaters Market Opportunity Assessment, By Rated Capacity, 2021 & 2031F |
10 Saudi Arabia Commercial Water Heaters Market - Competitive Landscape |
10.1 Saudi Arabia Commercial Water Heaters Market Revenue Share, By Companies, 2024 |
10.2 Saudi Arabia Commercial Water Heaters Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |