Latest Developments in Global Water Heater Market

back-icon

Back to Report

Request for TOC Request for TOC Speak to Analyst Speak to Analyst Free Sample Report Free Sample Report Inquire Before Buying Inquire Before Buy Now Buy Now

Latest Developments in Global Water Heater Market

  • FMCG
  • Jul 2024
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

  • In May 2025, Lennox and Ariston Group announced a joint venture to introduce residential water heaters in North America. This partnership leverages Lennox’s strong distribution network and customer relationships alongside Ariston Group’s advanced water heating technology and manufacturing expertise. The collaboration aims to expand market presence and drive innovation in the U.S. and Canadian residential water heater sector
  • In February 2025, Symphony Ltd. introduced an innovative geyser designed to address hair fall issues caused by hard water impurities. This individual-focused water heating solution features PUROPOD filtration technology, a 9-layer advanced system that softens hard water, reducing harmful salts that affect hair and skin health. The geyser also includes SmartBath control, allowing users to customize temperature settings for optimal comfort. With a 5-star BEE energy rating, Titanium Pro Glassline coating, and enhanced safety features, this geyser ensures efficient heating and long-term durability
  • In January 2025, Midea introduced its latest Heat Pump Water Heater (HPWH) for the residential market in North America, emphasizing energy efficiency and sustainability. This air-source water heater is nearly four times more efficient than traditional models, meeting NEEA Tier 4 and CEE Advanced Tier certifications. The HPWH uses heat transfer technology to reduce energy consumption, qualifying for federal tax credits and rebates. Designed to lower utility costs and carbon emissions, it offers smart controls for optimized performance
  • In January 2025, F.W. Webb Co. strengthened its collaboration with Rheem, expanding its distribution network to include Rheem’s complete HVAC product line, including water heaters, for HVAC professionals across the Northeast. This partnership builds on their existing relationship, ensuring access to high-quality residential and commercial HVAC solutions such as air conditioners, heat pumps, mini splits, air handlers, and rooftop units. In addition, F.W. Webb will provide training and support through the Rheem Pro Partner™ Program, offering financing, marketing assistance, and technical resources
  • In November 2024, Wondrwall secured $5.6 million in seed funding and introduced its AI-powered air-source residential heat pump, marking a significant step in smart and sustainable home heating. This intelligent heat pump integrates with Wondrwall’s Home Energy Management System (HEMS), optimizing energy efficiency, reducing carbon emissions, and lowering utility costs. Designed for grid flexibility, the system adapts to user behavior and environmental conditions, ensuring consistent heating performance. Wondrwall’s innovation aligns with the Future Homes Standard, promoting low-carbon solutions for modern residences