The commercial water heater market in the United States has been quite stable over the years in terms of market share. AO Smith has taken up around 50 percent of the market, with Rheem and Bradford White as the second and third leading companies.
Rheem accounted for a quarter of the market share in 2020, while Bradford White was responsible for 16 percent of commercial water heater shipments in the same year.
Commercial water heater market share by company in the United States from 2017 to 2020
Characteristic
A.O. Smith
Rheem
Bradford White
Other
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Statista. (June 7, 2021). Commercial water heater market share by company in the United States from 2017 to 2020 [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/700299/us-commercial-gas-water-heater-market-share/
Statista. "Commercial water heater market share by company in the United States from 2017 to 2020." Chart. June 7, 2021. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/700299/us-commercial-gas-water-heater-market-share/
Statista. (2021). Commercial water heater market share by company in the United States from 2017 to 2020. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/700299/us-commercial-gas-water-heater-market-share/
Statista. "Commercial Water Heater Market Share by Company in The United States from 2017 to 2020." Statista, Statista Inc., 7 Jun 2021, https://www.statista.com/statistics/700299/us-commercial-gas-water-heater-market-share/
Statista, Commercial water heater market share by company in the United States from 2017 to 2020 Statista, https://www.statista.com/statistics/700299/us-commercial-gas-water-heater-market-share/ (last visited July 22, 2024)
Commercial water heater market share by company in the United States from 2017 to 2020 [Graph], Statista, June 7, 2021. [Online]. Available: https://www.statista.com/statistics/700299/us-commercial-gas-water-heater-market-share/