openPR Logo
Press release

Notable players in gas water heater market include Rinnai, A.O. Smith, Rheem, Bradford White, American Water Heaters, State Water Heaters, Kenmore, US Craft Master, Reliance Water Heaters, Whirlpool, Noritz, Lochinvar, Racold, Ferroli, and V-guard

10-16-2018 08:22 AM CET | Energy & Environment

Press release from: Global Market Insights, Inc.

Notable players in gas water heater market include Rinnai, A.O.

Gas Water Heater Market is betting big on the global energy spectrum driven by the lower operational cost and convenience associated with these water heaters. Rising concerns toward energy conservation has further propelled the adoption of gas water heaters in the households as the product consumes minimal energy during the heating process.

The technological advancements pertaining to electronic thermostats and digital temperature control has garnered huge profits for gas water heater industry. Several companies are exploiting renewed market opportunities in this fraternity and are focusing toward a more sustainable and diversified product spectrum. A testimony of this fact being General Electric’s launch of Geo Spring Hybrid Water Heater, which is designed to consume 62% of less energy when compared to the typical 50-gallan water heater.

Get a Sample Copy of this Report@ https://www.gminsights.com/request-sample/detail/706

The overall performance of a standard gas water heater and an instant electric water heater were testified which claimed to save Rs. 89 every month per bucket. The study has also concluded that an average residential consumer can hope to use just one LPG cylinder for about four months. The following table shows the comparison between the operating cost of a gas & electric heater
Stringent government norms toward integration of energy efficient products coupled with growing demand for refurbishment of existing heating pipelines and systems will drive the gas water heater market size.

Regulatory reforms pertaining to enhanced product efficiencies along with increasing consumer awareness towards emission control will further enhance the industry outlook. In 2017, Government of Canada enacted the federal Energy Efficiency Regulations 2016 to amend the existing mandates. The amendment implements improved energy efficiency standards subject to consumer product manufacture in the country and further homogenize domestic standards with that adopted by the U.S.

China gas water heater market will witness strong growth pertaining to rapid commercialization and residential establishments to integrate a sustainable economic scenario. High end research investments with an aim to achieve reduced cost of energy favored by government initiatives to introduce clean energy systems will further complement the business outlook. The China Strategy of Energy Production and Consumption Revolution (2016-2030) aims at addressing energy security, economic and environmental challenges in the country. The program bridges across Sustainable Development Goal (SDG) 7 (affordable and clean energy) and SDG 13 (climate action) by the regulators.

Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/706

Residential gas water heater market in 2016, was valued over 25 million units. Ongoing residential establishments across developing countries favoured by rising infrastructural investments will stimulate the product demand. Advancing real estate sector coupled with growing demand for refitting of existing infrastructure will foster the product penetration. Rapid technological advancements along with increasing measures to reduce product standby losses will further thrust the industry growth.
The growth of tankless gas water heater market

The advent of tankless gas water heaters has endorsed the overall industry with the most energy-efficient and sustainable water heater. In 2016, tankless water heaters grabbed 75% share of global gas water heater industry, owing to its longevity, endless supply, small size, cost effectiveness, lower standby losses, and durability. The emerging nations of Asia Pacific, MEA, and Latin America are witnessing rapid developments pertaining to gas water heater market.

Tankless gas water heaters are witnessing huge deployment rate in the residential sector. The government of China has implemented standards and consumption codes to track the use of residential gas for water heating and cooking purpose. With its introduction of National Gas Utilization Policy, China has strongly promoted the use of natural gas for residential sector. This has significantly encouraged the growth of gas water heater market in the region. As per estimates, China gas water heater industry is likely to generate revenue over USD 1 billion by 2024.

Browse key industry insights spread across 245 pages with 366 market data tables & 9 figures & charts from the report @ https://www.gminsights.com/industry-analysis/gas-water-heater-market

Several governmental measures toward energy efficiency have prompted the gas water heater market players to conduct high-end research activities for the product diversification and innovation. Analyzing the current trends, the industry is witnessing intense competition with the presence of large number of manufactures across the globe. Cost effectiveness and energy efficiency of the products are the two major parameters underling the competitive hierarchy. Some of the renowned gas water heater industry players include American Water Heaters, Bradford White, Rheem, Reliance Water Heaters, Whirlpool, US Craft Master, and Kenmore.
Notable players in gas water heater market include Rinnai, A.O. Smith, Rheem, Bradford White, American Water Heaters, State Water Heaters, Kenmore, US Craft Master, Reliance Water Heaters, Whirlpool, Noritz, Lochinvar, Racold, Ferroli, and V-guard

About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research

Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
Blog: https://gminsights.wordpress.com
Explore Our Blog @ http://algosonline.com/news

This release was published on openPR.

Permanent link to this press release:

Copy
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 Notable players in gas water heater market include Rinnai, A.O. Smith, Rheem, Bradford White, American Water Heaters, State Water Heaters, Kenmore, US Craft Master, Reliance Water Heaters, Whirlpool, Noritz, Lochinvar, Racold, Ferroli, and V-guard here

News-ID: 1305426 • Views: 474

More Releases from Global Market Insights, Inc.

Trend in automotive application to Asia Pacific expanded polyethylene foam marke …
Of late, expanded polyethylene foam has become a trendy petrochemical product in applications, ranging from automotive, construction, packaging, protective covers and sports goods. Eliminating cost of making expensive molds and offering tremendous cushion against vibrations, shocks and abrasion are some of the upsides that have encouraged emerging economies such as India, China, Vietnam and Malaysia to infuse funds in EPE for packaging goods, boost high thermal resistance and weight
Marine Coatings Market Size, Share, Growth Demand and Top key Players like AkzoN …
Marine coatings market revenue till 2024: anti-fouling coatings are expected to account for a major share of the industry. Owing to extensive an application landscape, anti-fouling coatings are expected to account for a major share of the marine coatings market revenue over 2016-2024. Since ships are prone to damage caused by growth of subaquatic organisms on its hull, it is mandatory to use anti-fouling agents on ships and to regularly
3 Trends Fostering Global Plastic Compounding Market Size
According to a Global Market Insights, Inc., global plastic compounding market size is most probable to breach the US$56.9 billion mark by 2026. Incorporation of lightweight plastic materials for construction and automobile applications will drive the market forecast in the coming few years. Mentioned below are some recent tends fostering the industry size. Plastic compounding plays a crucial role to fulfil the growing consumer requirements by improving the performance characteristics
Sodium acetate market from medical & pharmaceuticals end-user segment is estimat …
Sodium acetate market is expected to showcase significant growth in the coming year. Sodium acetate is mainly available in anhydrous and trihydrate forms. Being less expensive than sodium acetate anhydrous, trihydrate product segment will capture about two-thirds of the overall sodium acetate industry share. Its excellent pH controlling characteristics and hydrophilic nature makes is preferable for myriad industrial applications. Sodium acetate trihydrate finds extensive application in leather & textile and

All 5 Releases


More Releases for Water

Bailley Drinking Water – Healthy Water – Safe Water
-Although water covers 70% area of Earth and it is the most necessary element for the survival, yet it is not available in abundance for drinking. Thus, Bailley turns out to be supplying high quality drinking water across India since its launch in 1993. Bailley packaged water is bottled in 52 state-of-the-art plants across India. Targeting various category of consumers & occasions, Bailey Water Bottle is satisfying their needs. There
Global Mobile Water Treatment Systems Market Forecast 2018-2025 GE Water, Evoqua …
Recently added detailed market study "Global Mobile Water Treatment Systems Market" examines the performance of the Mobile Water Treatment Systems market 2018. It encloses an in-depth Research of the Mobile Water Treatment Systems market state and the competitive landscape globally. This report analyzes the potential of Mobile Water Treatment Systems market in the present and the future prospects from various angles in detail. The Global Mobile Water Treatment Systems Market 2018
Global Water Treatment Aerators Market 2018 -GE Water, Tonka Water, RWL Water, L …
Apex Market Reports, recently published a detailed market research study focused on the “Water Treatment Aerators Market” across the global, regional and country level. The report provides 360° analysis of “Water Treatment Aerators Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend of Water
Water Treatment Equipment Market
Water Treatment Equipment refers to the equipment used in the industrial water treatment. It includes Pre-treatment non-membrane, Pre-treatment membrane, ultrapure water, AD/EDI systems polishing, Inorganic WW treatment, Organic WW treatment, etc. The scope of the Report: This report focuses on the Water Treatment Equipment in the United States market, to split the market based on manufacturers, states, type and application. Sample Report Request: https://www.reportsandmarkets.com/sample-request/united-states-water-treatment-equipment-market-to-2022-1622845 Market Segment by Type, covers Pre-treatment non-membrane, Pre-treatment membrane, Ultrapure
Packaged Water in Russia
ReportsWorldwide has announced the addition of a new report title Packaged Water in Russia to its growing collection of premium market research reports. Packaged Water in Russia industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2011-15, and forecast to 2020). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Synopsis: Essential resource
Packaged Water in Brazil
ReportsWorldwide has announced the addition of a new report title Packaged Water in Brazil to its growing collection of premium market research reports. Packaged Water in Brazil industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2011-15, and forecast to 2020). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Synopsis: Essential resource