Global Market Study on Water Heaters: Electric Heaters to Witness Strong Growth During 2017 - 2021
Get Exclusive Sample Copy @ https://www.mrrse.com/sample/1574
Energy-efficiency, cost-effectiveness, and requirement of less storage space are among the crucial needs of customers willing to install water heaters. Focusing on the aforementioned needs, vendors are also introducing new technologies in water heaters. Key companies developing water heaters are also focusing on anti-corrosion, filtration sterilization technology. Providing clean and soft water through water heaters is also being focused on. Electric water heaters that are easy to install and require minimum maintenance are also being developed by manufacturers. Heat pump technology and condensing gas-fired systems are some of the innovative technologies in the global water heater market.
Solar and geothermal equipment are also being incorporated by manufacturers in their product line. Consumers are moving towards adopting higher efficiency water heaters as part of the replacement. Manufacturers are seeing a lot of potential in the solar market, hence, solar water heaters are also being developed. According to the report compiled by Persistence Market Research, the global market for water heaters is anticipated to witness steady growth during 2017-2021. The global water heater market is estimated to bring in US$ 52.8 Billion in revenue towards the end of 2021.
Electric Heaters to Emerge as the Most Preferred Water Heater
Growing concerns for energy efficiency is contributing to the increasing demand for electric water heaters. Increasing number of pre-plumbed unvented systems in several new constructions is also driving the demand for electric heaters. Manufacturers are integrating smart heating controls in electric heaters to facilitate ease of use. Electric heaters are being used on a large scale in the commercial sector to assist in production and for staff use.
Energy efficiency regulations in various countries have also led to the increase in replacement of water heaters. This has resulted in the increasing demand for highly-efficient tank-less electric water heaters. Meanwhile, rising demand for hot water in hospitals and hotels is also driving the demand for electric water heaters.
Browse Full Report with Table of Content, List of Table and Figures – https://www.mrrse.com/water-heater-market
Rise in Demand for Storage Heaters Owing to Easy Installation and Maintenance
Storage water heaters help in maximizing heating capacity by using hot water storage tanks. Manufacturers are providing storage heaters in a variety of sizes as per the requirement of consumers. Compared to various water heaters, installation of storage heaters is less expensive, and these are also easy to maintain and repair. However, storage heaters have been known to explode, hence, vendors are focusing on providing water heater services on a regular basis. Moreover, storage heaters require space for the tank; hence, manufacturers are focusing on minimizing the size of storage heaters to eliminate the space issue. In recent years, conventional storage heaters using various fuels such as fuel oil and natural gas have also gained a lot of traction.
Water Heater to Find the Largest Application in the Commercial Sector
Increasing commercial infrastructure development across different countries is driving the demand for water heaters. Small and mid-sized companies are using water heaters for their daily production activities. Meanwhile, in order to reduce energy consumption and operational efficiency, companies are adopting highly efficient water heaters. Due to the increasing use, upgrading commercial water heaters is necessary. Hence, vendors are integrating new technologies that can act as a signal for upgrading commercial water heaters. Tankless heaters are becoming popular in the commercial sector, owing to the extended period of time, these heaters meet the need for a large volume of hot water. Companies are also working on new technologies by focusing on M&A activities to offer better products in the global market.
Market Research Reports Search Engine (MRRSE) is an industry-leading database of market intelligence reports. MRRSE is driven by a stellar team of research experts and advisors trained to offer objective advice. Our sophisticated search algorithm returns results based on the report title, geographical region, publisher, or other keywords.
MRRSE partners exclusively with leading global publishers to provide clients single-point access to top-of-the-line market research. MRRSE’s repository is updated every day to keep its clients ahead of the next new trend in market research, be it competitive intelligence, product or service trends or strategic consulting.
90, State Street
Albany, NY - 12207
United States Telephone: +1-518-730-0559
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Market Study on Water Heaters: Electric Heaters to Witness Strong Growth During 2017 - 2021 here
News-ID: 1028033 • Views: 146
More Releases from MRRSE
Sales of Digital Printing for Packaging Market Motivated with Rising Demand from …
A recent market study published by MRRSE, “Digital Printing for Packaging Market: Global Industry Analysis 2014-2018 & Forecast 2019-2029” offers a comprehensive assessment of the most important market dynamics. After conducting thorough research on the historical, as well as current growth parameters of the digital printing for packaging market, the growth prospects of the market are obtained with maximum precision. Get Brochure of The Report @ https://www.mrrse.com/sample/3234 Chapter 01 – Executive Summary The
Biofuel Testing Services Market Insights Covering Market Dynamics and Competitiv …
A recent market study published by MRRSE “Biofuel Testing Services Market: Global Industry Analysis 2013-2017 & Forecast 2018-2028” offers a comprehensive assessment of the most important market dynamics. After conducting thorough research on the historic as well as current growth parameters of the biofuel testing services market, the growth prospects of the market are obtained with maximum precision. Chapter 01 – Executive Summary The report commences with the executive summary of the
Potassium Formate Market Growth Influenced by Burgeoning Opportunities from Prim …
A research study published by MRRSE provides readers with a comprehensive outlook of the global potassium formate market, to precisely gauge its futuristic development. It assesses the potassium formate industry on the historical and current scenario, and also includes a forecast for 2019 through to 2027. The report is designed to help key stakeholders make business decisions pertaining to the potassium formate market with the help of key findings and
Sales of Lithium-ion Battery Market Motivated with Rising Demand from Industrial …
MRRSE, in its recently published research report, brings forth actionable intelligence into the lithium-ion battery market. The business study is intended at equipping stakeholders in the lithium-ion battery market with distinguished insights, and help them in developing sustainable growth strategies for business advancement. This comprehensive research report provides an incisive outlook regarding the changing dynamics of the lithium-ion battery market, by identifying key drivers, restraints, opportunities, and threats. This study also
More Releases for Heat
Moving from heat waste to heat recovery
The project Mitsubishi Electric Hydronics & IT Cooling Systems, through its brand Climaveneta has recently supplied two heat pumps for Fortum’s district heating in Espoo, Finland. Fortum, a Finnish energy company, will utilize waste heat from a data center and supply the heat into a district heating network. The data center belongs to Ericsson, a multinational networking and telecommunications equipment and services company based in Sweden. A win-win solution Ericsson needed more cooling
Global Automotive Heat Shield Market
The management of heat is becoming complex with the growing number of temperature-sensitive and sophisticated components in modern vehicles that have to be protected from heat. The demand of heat shielding technology has been increasing along with the number of applications in automotive industry. Minimal cooling air flows, tightly packed components, engine encapsulation, exhaust gas turbochargers and catalytic converter technology result in high temperatures within the area of the underbody,
Global Heat Pipe Heat Exchanger Market Research Report 2017
Summary This report studies Heat Pipe Heat Exchanger in Global market, especially in North America, Europe, China, Japan, Southeast Asia and India, focuses on top manufacturers in global market, with capacity, production, price, revenue and market share for each manufacturer, covering Mitsubishi Electric Corporation Nortek Air Solutions Munters Corporation Greenheck RenewAire DRI Innovative Air Solutions Reznor Zehnder America Ruskin Rooftop System Market Segment by Regions, this report splits Global into several key Regions, with production, consumption, revenue, market share and growth
Global Heat Pumps Market 2017 - Vaillant , Trane, Thermia Heat Pumps
The report entitled Global Heat Pumps Market 2017 presents key insights into the global Heat Pumps market along with the latest up-to-date industry details and forthcoming Heat Pumps industry trends, which will assist the readers to focus on product specification and end users driving the overall market revenue and profitability. Report Keynotes: The main motive of the report on "Global Heat Pumps Market 2017" is to study comprehensive details of the market
Geothermal Heat Pumps Market’s Key Threat: Air Source Heat Pumps
The global geothermal heat pumps market is driven by the rising focus of consumers on low-cost energy alternatives. Furthermore, the significant cost savings along with the environmental benefits associated with geothermal heat pumps will also drive the market. The attractive payback period associated with the installation of geothermal heat pumps in newly-built or green homes is also propelling the global geothermal heat pumps market. Another key factor driving the global
Heat Shrinkable Tubing,Heat Shrink Tubing
Yamuna Cable Accessories Ltd is a stocking distributor of premium brand specialist equipment to the Electronics, the background of our personnel includes cable accessories. The product line is dedicated to accessories and auxiliary equipment needed to manufacture cable. We use the best quality of raw materials & machines to manufacture these accessories. his in depth understanding and knowledge aids in the integration of the integration of accessories to the entire