Japan Connected Natural Gas Water Heater Market was valued at USD 0.4 Billion in 2022 and is projected to reach USD 0.7 Billion by 2030, growing at a CAGR of 6.8% from 2024 to 2030.
The Japanese connected natural gas water heater market is experiencing significant growth, driven by technological advancements and stringent energy efficiency regulations. Industries are increasingly adopting these systems to meet both operational demands and environmental standards.
In April 2021, Japan's Ministry of Economy, Trade, and Industry (METI) introduced new energy efficiency standards for gas water heaters, setting the target fiscal year for compliance as FY2025. These standards aim to enhance thermal efficiency across various categories of gas water heaters, including gas instant water heaters, bathtub gas water heaters, and gas water heaters for space heating. citeturn0search0
Key aspects of these regulations include:
Category I: Gas instant water heaters with natural ventilation must achieve a minimum energy efficiency of 77.5%.
Category II: Forced ventilation type heaters are required to meet efficiency standards calculated by multiplying a structural coefficient, with a base value of 84.37%.
Category III: Bathtub gas water heaters should attain an energy efficiency of 87.21%, adjusted by a specified structural coefficient.
Category IV: Gas water heaters for space heating are mandated to reach a minimum efficiency of 90.32%.
These measures are part of Japan's broader initiative to promote energy conservation and reduce carbon emissions. The adoption of advanced technologies, such as latent heat recovery systems, has further propelled the market. Introduced in 2002, the "Eco-Jozu" system recovers waste heat from exhaust gases, improving thermal efficiency to 95% and reducing COâ‚‚ emissions by approximately 13%. citeturn0search4
Industries are also influenced by regulations governing gas appliances. The Gas Business Act stipulates that manufacturers and importers of gas equipment, including water heaters, must ensure conformity to technical standards. This includes obtaining necessary inspections and approvals before bringing products to market. citeturn0search2
In summary, the Japanese connected natural gas water heater market is characterized by a confluence of regulatory compliance, technological innovation, and environmental considerations. As industries strive to meet evolving standards, the demand for efficient and eco-friendly heating solutions continues to rise, shaping the future of Japan's energy landscape.
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A.O.Smith
Haier
Rinnai
Midea
BOSCH
ARISTON
Vanward
Sakura
Guangdong Macro Co.
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Sacon
Rheem Manufacturing
Siemens
Bajaj Electricals
Bradford White
Crompton Greaves
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Ferroli
Hubbell
Noritz
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Japan Connected Natural Gas Water Heater Market
Smart Water Heaters
Traditional Water Heaters
Hybrid Water Heaters
Tankless Water Heaters
Residential
Commercial
Industrial
Institutional
IoT-Enabled Water Heaters
Connected Water Heating Solutions
Smart Thermostats Integration
Mobile App Connectivity
Online Sales
Offline Retail
Direct Sales
Distributor Networks
Homeowners
Builders & Contractors
Facility Managers
Property Managers
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
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1. Introduction of the Japan Connected Natural Gas Water Heater Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Japan Connected Natural Gas Water Heater Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Japan Connected Natural Gas Water Heater Market, By Type
6. Japan Connected Natural Gas Water Heater Market, By Application
7. Japan Connected Natural Gas Water Heater Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. Japan Connected Natural Gas Water Heater Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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