Global Water Heater Market Set to Make Rapid Strides in 2020-2027
The global Water Heater market report provided by Global Market Monitor analyzes the industry and major market trends in detail, and divides the market size by volume and value according to application types and geographic locations.
The global water heater market size is expected to reach USD 27.5 billion by 2027. Asia Pacific dominates the global market and China is expected to be the leading economy for solar water heaters. North America also holds a significant market position. This is mainly attributed to the availability of advanced water heater manufacturing technologies in the region. The residential market is the dominant market for water heaters and the demand for water heaters is expected to increase as people’s disposable income increases and residential infrastructure develops rapidly.
Water Heater is a device that increases the temperature of cold water into hot water over a period of time through various physical principles.
Owing to the construction of various basic living spaces such as homes, the demand for water heaters is expected to drive the market demand for water heaters as people’s disposable income increases and the level of comfort and convenience of living increases, and many residential and public buildings are installing water heaters to provide people with a comfortable and convenient living environment.
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Leading Vendors
Rheem Manufacturing
Bradford White
Rinnai
Siemens
AO Smith
HTP
Ariston Thermo
Bajaj Electricals
Haier Electronics
Venus Home Appliances
Noritz
Application Segmentation
Residential
Commercial
industry
On the basis of products, the various types include:
Solar Heaters
Electric Heaters
Gas and Propane Heaters
Geothermal Heaters
Table of Content
1 Report Overview
1.1 Product Definition and Scope
1.2 PEST (Political, Economic, Social and Technological) Analysis of Water Heater Market
…
2 Market Trends and Competitive Landscape
3 Segmentation of Water Heater Market by Types
4 Segmentation of Water Heater Market by End-Users
5 Market Analysis by Major Regions
6 Product Commodity of Water Heater Market in Major Countries
7 North America Water Heater Landscape Analysis
8 Europe Water Heater Landscape Analysis
9 Asia Pacific Water Heater Landscape Analysis
10 Latin America, Middle East & Africa Water Heater Landscape Analysis
11 Major Players Profile
…
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Regional Segment Analysis
The report focuses on detailed analysis of major regions like North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, Columbia), and Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa).
Audience:
• Water Heater manufacturers
• Water Heater traders, distributors, and suppliers
• Water Heater industry associations
• Product managers, Water Heater industry administrator, C-level executives of the industries
• Market Research and consulting firms
What Information does this report contain?
The report covers the prediction and analysis of the global Water Heater market at the global and regional levels.
The report includes drivers and constraints that affect market growth.
Discussed details about market opportunities
The assessments for the regional market layout characteristics in the world.
The report includes detailed company profiles for prominent market participants.
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