Download the Water Heater CLEAReport to stay ahead in the plumbing and mechanical systems industry by understanding top brands, market trends, and common installation practices.
Why Download this Report?
Stay ahead in the plumbing and mechanical systems industry with our comprehensive Water Heater CLEAReport. This invaluable resource provides detailed insights into the most purchased brands of tank and tankless water heaters, common installation practices, and reported market trends. The report is based on data collected from a diverse group of industry professionals, offering in-depth analysis, trended data, and actionable results. By understanding the leading brands, influential factors in brand selection, and common industry practices, you can optimize your business strategies and enhance your service offerings to meet market demands.
Who Should Read this Report?
Vice Presidents, Directors, and Managers: In Engineering, Planning, Sales, Business Development, Human Resources, and Operations who oversee or influence brand selection and strategic planning in the water heating market.
Plumbing Contractors and Installers: To refine product offerings and align with industry best practices for water heater installation and replacement.
Product Managers and Developers: Designing water heating products that meet current market needs and emerging trends in both tank and tankless systems.
Dealers and Distributors: To understand contractor preferences and develop targeted inventory and sales strategies.
Business Development and Marketing Professionals: To better understand industry demands and develop targeted marketing strategies based on brand loyalty and contractor preferences.
Manufacturers and Suppliers: Aligning product offerings with the latest industry demands and trends in the water heating market.
Industry Consultants, Advisors, and Business Strategists: Identifying growth opportunities and aligning business strategies with market trends in water heaters.
Study Objectives
Identify Leading Brands: Determine which brands of tank water heaters, indirect tank water heaters, recirculating pumps, and instantaneous/tankless water heaters are most purchased by industry professionals.
Analyze Brand Recommendations: Understand which brands professionals are most likely to recommend based on their experiences.
Evaluate Influential Factors: Explore the factors and product attributes that most influence brand selection for both tank and tankless water heaters.
Examine Installation Practices: Identify the most common purchase and installation practices within the industry.
Understand Market Trends: Track reported trends within the water heater market, offering insights into how the market is evolving.
Methodology
The data for this report was collected through online surveys completed by active, qualified subscribers of The NEWS, Plumbing & Mechanical, PM Engineer, SNIPS, and members of the myCLEARopinion Panel. These respondents include professionals whose companies install, replace, and/or service tank water heaters and instantaneous/tankless water heaters. Data was collected from December 12 – 19, 2023.
This report also was published in 2023, 2022, 2021, 2020, 2019. If you have questions or wish to purchase past published reports, please contact us using our contact us form at: https://www.myclearopinioninsightshub.com/contact.
Data Analysis
We use SPSS, a statistical software package, to tabulate all closed-ended numerical data, while open-ended questions are either summarized, coded, or included as written by respondents. Data is presented in graphic and tabular formats, detailing the number of respondents for each question. Sample sizes may vary throughout the report due to skip logic, data cleaning, or missing responses, and some totals may not equal 100% due to rounding. Key metrics include the mean (arithmetic average) and median (middle value of responses). Net values, such as top 2 box scores, may not match individual percentages due to rounding. Sample sizes are indicated as 'n=xx,' with sizes of 30 or more considered statistically reliable, while those below 15 are interpreted directionally. Statistical significance is highlighted at a 95% confidence level, showing results that are likely not due to chance. Significant differences between response options are clearly indicated in the report.