Commercial water heater market share in the United States 2017-2020, by company
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.