GITNUX MARKETDATA REPORT 2024
Water Heater Installation Duration Statistics
The average duration for water heater installation is typically between 2 to 4 hours, depending on the complexity of the installation.
In this post, we will explore various insightful statistics related to water heater installations, maintenance, energy efficiency, market trends, and usage patterns. From average installation durations to the market revenue breakdown, these statistics shed light on key aspects that impact homeowners and the industry as a whole. So, without further ado, let’s dive into the world of water heaters and uncover the data that shapes our everyday decisions.
Statistic 1
"On average, a traditional water heater installation takes around 2-3 hours."
Statistic 2
"Professional installations of a new water heater account for 50% of the total market revenue."
Statistic 3
"Only 27% of homeowners have performed a water heater maintenance task in the past year."
Statistic 4
"67% of all U.S. homes use gas water heaters."
Statistic 5
"The average lifespan of a tank water heater is between 8 - 12 years."
Statistic 6
"A water heater represents between 14 and 18 percent of a home's energy use."
Statistic 7
"As of 2020, the electric water heaters segment registered a 75% share in the global market."
Statistic 8
"On-demand water heaters can be around 24%–34% more energy-efficient for homes that use 41 gallons or less of hot water daily."
Statistic 9
"The water heater market is anticipated to exceed $30 billion by 2024."
Statistic 10
"24% of all homeowners never give any thought to their water heater until it fails."
Statistic 11
"A heater's life may be reduced by 25%-40% if it is installed in a high-demand, high-mineral content setting."
Statistic 12
"Solar water heaters can reduce your water heating bill by 50%-80%."
Statistic 13
"Approximately 20% of homeowners replace their water heater before it fails."
Statistic 14
"Installation costs can make up nearly half the total price of replacing a water heater."
Statistic 15
"High-efficiency water heaters use 10%-50% less energy than standard models, saving homeowners money on their utility bills."
Statistic 16
"A family of four can use anywhere between 80 to 100 gallons of hot water each day."
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Jannik Lindner
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The statistics are checked by us and then entered into the database. Our market data reports have been linked to by some of the largest publishers and companies on the Internet.