HARDI's 2025 State of the Channel: HVACR Water Heating Trends

Summary of HVACR Water Heating Trends

HARDI’s latest State of the Channel Report now includes water heaters in its total addressable market analysis, reflecting their increasing connection to the HVACR industry. The report explores key market trends, showing how factors like consumer demand, price increases, and economic conditions have shaped sales growth in recent years. Further showcasing these trends are visual breakdowns of the similarities in how HVACR and water heating markets react to economic shifts such as low interest rates and increased home spending. Additionally, the report provides forecasts for both residential and nonresidential water heater markets, emphasizing the impact of housing trends, new construction growth, and interest rates on future performance. This expanded market coverage offers insights for industry professionals looking to understand the evolving landscape of water heating within the broader HVACR market.

For a full breakdown of these trends and forecasts, get your copy of the 2025 State of the Channel Report.

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Gain a deeper understanding of the broader market forces at play, invest in a copy of HARDI’s State of the Channel report. Don’t let unexpected cost increases catch you off guard—equip yourself with the knowledge and resources to adapt.