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.

Last Updated: June 22, 2024

Written & Summarized by: Jannik Lindner

How we write

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."

Water heater installations tend to take around 2-3 hours on average, with professional installations contributing significantly to market revenue. Despite this, a large portion of homeowners have not performed maintenance tasks on their water heaters, potentially shortening the lifespan of the units. Gas water heaters are prevalent in the U.S., while electric water heaters dominate the global market. Investing in high-efficiency or on-demand water heaters can lead to energy savings, especially for households with lower hot water usage. The water heater market is slated to grow substantially in the coming years, highlighting the importance of understanding different options and maximizing efficiency to save on energy costs.

Jannik Lindner

Jannik is the Co-Founder of Gitnux and has been working in the digital space since 2016. He is specialized in content and tech.

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