Thailand Commercial Water Heaters Market (2025-2031) Outlook | Revenue, Growth, Share, Value, Companies, Trends, Analysis, Industry, Size & Forecast

Market Forecast By Type (Electric, Gas, Oil, Heat Pump, Solar, Hybrid & Others), By Liter (Below 500 Liters, 500-1,000 Liters, 1,000-3,000 Liters, 3,000-4,000 Liters, Above 4,000 Liters), By Rated Capacity (Up to 10kW, 10-50kW, 50-150kW & more) And Competitive Landscape
Product Code: ETC4521326 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

Thailand Commercial Water Heaters Market Synopsis

Commercial Water Heaters are essential for businesses, hotels, and industries. This market caters to the demand for reliable hot water solutions in the commercial sector.

Drivers of the Market

The Thailand Commercial Water Heaters market is witnessing notable growth, fueled by the demand for efficient and reliable water heating solutions in commercial establishments. Commercial water heaters cater to various applications, including hotels, restaurants, healthcare facilities, and manufacturing plants. Thailand economic development, growth in the hospitality sector, and the increasing need for hot water in commercial and industrial processes are driving the demand for commercial water heaters. Infrastructure development, the expansion of commercial spaces, and the focus on energy-efficient heating technologies are significant factors contributing to the growth of this market.

Challenges of the Market

The Commercial Water Heaters market in Thailand encounters challenges stemming from the diversity of commercial establishments and varying water heating requirements. Meeting the specific needs of different sectors, such as hospitality, healthcare, and manufacturing, requires a versatile range of commercial water heaters. Additionally, concerns about energy efficiency and environmental impact may influence purchasing decisions. To address these challenges, manufacturers need to develop tailored solutions, and industry stakeholders should promote energy-efficient practices through incentives and awareness programs.

COVID-19 Impact on the Market

The Thailand Commercial Water Heaters market faced challenges during the COVID-19 pandemic, with disruptions in commercial activities affecting the demand for water heating solutions in businesses and institutions. Commercial water heaters, essential for applications like hotels, restaurants, and manufacturing facilities, encountered setbacks due to changes in commercial operations. However, post-pandemic, the market is recovering as Thailand commercial sector resumes normal activities. Increased demand for water heating solutions in various industries is driving renewed interest in the Thailand Commercial Water Heaters market. It remains crucial for meeting the diverse water heating needs of businesses and institutions.

Key Players in the Market

Commercial water heaters cater to larger-scale hot water needs. Companies like Rheem, A.O. Smith, and Bradford White are prominent players in this market.

Key Highlights of the Report:

  • Thailand Commercial Water Heaters Market Outlook
  • Market Size of Thailand Commercial Water Heaters Market, 2024
  • Forecast of Thailand Commercial Water Heaters Market, 2031
  • Historical Data and Forecast of Thailand Commercial Water Heaters Revenues & Volume for the Period 2021-2031
  • Thailand Commercial Water Heaters Market Trend Evolution
  • Thailand Commercial Water Heaters Market Drivers and Challenges
  • Thailand Commercial Water Heaters Price Trends
  • Thailand Commercial Water Heaters Porter's Five Forces
  • Thailand Commercial Water Heaters Industry Life Cycle
  • Historical Data and Forecast of Thailand Commercial Water Heaters Market Revenues & Volume By Type for the Period 2021-2031
  • Historical Data and Forecast of Thailand Commercial Water Heaters Market Revenues & Volume By Electric for the Period 2021-2031
  • Historical Data and Forecast of Thailand Commercial Water Heaters Market Revenues & Volume By Gas for the Period 2021-2031
  • Historical Data and Forecast of Thailand Commercial Water Heaters Market Revenues & Volume By Oil for the Period 2021-2031
  • Historical Data and Forecast of Thailand Commercial Water Heaters Market Revenues & Volume By Heat Pump for the Period 2021-2031
  • Historical Data and Forecast of Thailand Commercial Water Heaters Market Revenues & Volume By Solar for the Period 2021-2031
  • Historical Data and Forecast of Thailand Commercial Water Heaters Market Revenues & Volume By Hybrid & Others for the Period 2021-2031
  • Historical Data and Forecast of Thailand Commercial Water Heaters Market Revenues & Volume By Liter for the Period 2021-2031
  • Historical Data and Forecast of Thailand Commercial Water Heaters Market Revenues & Volume By Below 500 Liters for the Period 2021-2031
  • Historical Data and Forecast of Thailand Commercial Water Heaters Market Revenues & Volume By 500-1,000 Liters for the Period 2021-2031
  • Historical Data and Forecast of Thailand Commercial Water Heaters Market Revenues & Volume By 1,000-3,000 Liters for the Period 2021-2031
  • Historical Data and Forecast of Thailand Commercial Water Heaters Market Revenues & Volume By 3,000-4,000 Liters for the Period 2021-2031
  • Historical Data and Forecast of Thailand Commercial Water Heaters Market Revenues & Volume By Above 4,000 Liters for the Period 2021-2031
  • Historical Data and Forecast of Thailand Commercial Water Heaters Market Revenues & Volume By Rated Capacity for the Period 2021-2031
  • Historical Data and Forecast of Thailand Commercial Water Heaters Market Revenues & Volume By Up to 10kW for the Period 2021-2031
  • Historical Data and Forecast of Thailand Commercial Water Heaters Market Revenues & Volume By 10-50kW for the Period 2021-2031
  • Historical Data and Forecast of Thailand Commercial Water Heaters Market Revenues & Volume By 50-150kW & more for the Period 2021-2031
  • Thailand Commercial Water Heaters Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Liter
  • Market Opportunity Assessment By Rated Capacity
  • Thailand Commercial Water Heaters Top Companies Market Share
  • Thailand Commercial Water Heaters Competitive Benchmarking By Technical and Operational Parameters
  • Thailand Commercial Water Heaters Company Profiles
  • Thailand Commercial Water Heaters Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

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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 Thailand Commercial Water Heaters Market Overview

3.1 Thailand Country Macro Economic Indicators

3.2 Thailand Commercial Water Heaters Market Revenues & Volume, 2021 & 2031F

3.3 Thailand Commercial Water Heaters Market - Industry Life Cycle

3.4 Thailand Commercial Water Heaters Market - Porter's Five Forces

3.5 Thailand Commercial Water Heaters Market Revenues & Volume Share, By Type, 2021 & 2031F

3.6 Thailand Commercial Water Heaters Market Revenues & Volume Share, By Liter, 2021 & 2031F

3.7 Thailand Commercial Water Heaters Market Revenues & Volume Share, By Rated Capacity, 2021 & 2031F

4 Thailand Commercial Water Heaters Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for energy-efficient water heating solutions in commercial buildings

4.2.2 Growing investments in infrastructure development in Thailand

4.2.3 Rising awareness about the benefits of using commercial water heaters in various industries

4.3 Market Restraints

4.3.1 High initial cost of installing commercial water heaters

4.3.2 Fluctuating prices of raw materials used in manufacturing water heaters

4.3.3 Competition from alternative water heating technologies, such as solar water heaters

5 Thailand Commercial Water Heaters Market Trends

6 Thailand Commercial Water Heaters Market, By Types

6.1 Thailand Commercial Water Heaters Market, By Type

6.1.1 Overview and Analysis

6.1.2 Thailand Commercial Water Heaters Market Revenues & Volume, By Type, 2021-2031F

6.1.3 Thailand Commercial Water Heaters Market Revenues & Volume, By Electric, 2021-2031F

6.1.4 Thailand Commercial Water Heaters Market Revenues & Volume, By Gas, 2021-2031F

6.1.5 Thailand Commercial Water Heaters Market Revenues & Volume, By Oil, 2021-2031F

6.1.6 Thailand Commercial Water Heaters Market Revenues & Volume, By Heat Pump, 2021-2031F

6.1.7 Thailand Commercial Water Heaters Market Revenues & Volume, By Solar, 2021-2031F

6.1.8 Thailand Commercial Water Heaters Market Revenues & Volume, By Hybrid & Others, 2021-2031F

6.2 Thailand Commercial Water Heaters Market, By Liter

6.2.1 Overview and Analysis

6.2.2 Thailand Commercial Water Heaters Market Revenues & Volume, By Below 500 Liters, 2021-2031F

6.2.3 Thailand Commercial Water Heaters Market Revenues & Volume, By 500-1,000 Liters, 2021-2031F

6.2.4 Thailand Commercial Water Heaters Market Revenues & Volume, By 1,000-3,000 Liters, 2021-2031F

6.2.5 Thailand Commercial Water Heaters Market Revenues & Volume, By 3,000-4,000 Liters, 2021-2031F

6.2.6 Thailand Commercial Water Heaters Market Revenues & Volume, By Above 4,000 Liters, 2021-2031F

6.3 Thailand Commercial Water Heaters Market, By Rated Capacity

6.3.1 Overview and Analysis

6.3.2 Thailand Commercial Water Heaters Market Revenues & Volume, By Up to 10kW, 2021-2031F

6.3.3 Thailand Commercial Water Heaters Market Revenues & Volume, By 10-50kW, 2021-2031F

6.3.4 Thailand Commercial Water Heaters Market Revenues & Volume, By 50-150kW & more, 2021-2031F

7 Thailand Commercial Water Heaters Market Import-Export Trade Statistics

7.1 Thailand Commercial Water Heaters Market Export to Major Countries

7.2 Thailand Commercial Water Heaters Market Imports from Major Countries

8 Thailand Commercial Water Heaters Market Key Performance Indicators

8.1 Energy efficiency ratings of commercial water heaters

8.2 Number of new commercial building permits issued in Thailand

8.3 Adoption rate of commercial water heaters in key industries

8.4 Average payback period for commercial water heater installations

9 Thailand Commercial Water Heaters Market - Opportunity Assessment

9.1 Thailand Commercial Water Heaters Market Opportunity Assessment, By Type, 2021 & 2031F

9.2 Thailand Commercial Water Heaters Market Opportunity Assessment, By Liter, 2021 & 2031F

9.3 Thailand Commercial Water Heaters Market Opportunity Assessment, By Rated Capacity, 2021 & 2031F

10 Thailand Commercial Water Heaters Market - Competitive Landscape

10.1 Thailand Commercial Water Heaters Market Revenue Share, By Companies, 2024

10.2 Thailand Commercial Water Heaters Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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