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Middle East Water Heater Market Global Trends & Growth by Key Companies Analysis – State Industries, A.O. Smith, Ferroli, Bradford White, Himin Solar,Rinnai Corporation, Rheem Manufacturing, Ariston Thermo, Hubbell, Linuo Ritter, Jaquar, Kanch, Saudi Ce

11-15-2018 02:50 PM CET | Energy & Environment

Press release from: marketstudyreport.com

Middle East Water Heater Market Global Trends & Growth by Key

The 2018-2024 report on Middle East Water Heater market explores the essential factors of Middle East Water Heater industry covering current scenario, market demand information, coverage of active companies and segmentation forecasts.

Increasing investment toward development of ageing infrastructure coupled with expanding urban population will stimulate the Middle East water heater market. Betterment of living standards on account of notable rise in the disposable income will accelerate the product penetration. According to the World Population Review in 2018, arround 98% of Kuwait?s population is urbanized at a rate of 2.1% (urbanization rate) per year.

Key players across Middle East water heater market include Whirlpool, State Industries, A.O. Smith, Ferroli, Bradford White, Himin Solar,Rinnai Corporation, Rheem Manufacturing, Ariston Thermo, Hubbell, Linuo Ritter, Jaquar, Kanch, Saudi Ceramics, Haier & Vaillant, Bosch and Viessmann.

Request a sample of this premium report at: https://www.marketstudyreport.com/request-a-sample/1047495/

Kuwait water heater market is set to exceed the installation of over 750 thousand units by 2024. Key parameters including ample business prospects, abundance of potential consumers and rising need for customization of product will encourage the product penetration. In addition, rising investments toward the development of several commercial project will enhance the industry growth. For instance, Kuwait will invest USD 160 billion for island development project, as part of a major construction plan in the next 20 years. The project will include sport facilities, amusement parks, business & shopping centers and hotels.

Growing demand of green building solutions on account of inclination toward sustainable heating systems will foster solar water heater market. Favorable initiatives and regulations to limit carbon emissions will encourage the product landscape. As per major industry regulators, set mandates for the deployment of solar energy systems in newly-built establishments will further complement the product adoption.

Commercial water heater market is set to grow on account of accelerating investment toward development of manufacturing units across the region. The systems are primarily deployed across healthcare services, institutions, shopping centers, service establishments and hotels. The UAE government is expected to invest about USD 8.4 billion toward development of hotels across the country by the end of 2018.

Sustained power prices coupled with growing demand for energy efficient solutions will augment the Middle East water heater market. In addition, the ongoing government investment toward execution of green growth strategies will accelerate the product demand. Favorable initiatives toward the upgradation of traditional water heaters will complement the business landscape.

Request a discount on standard prices of this premium report at: https://www.marketstudyreport.com/check-for-discount/1047495/

Qatar water heater market is set to expand over 4% by 2024. Ongoing economic transformations have made the nation an ideal place for trade and business. Current government initiatives toward the commercial infrastructure development for hosting big world class event including the 2022 FIFA world cup will enhance the business landscape.

Reducing natural gas prices coupled with rising electricity generation cost from coal will foster Middle East water heater market. As a clean burning fuel NG is anticipated to witness high demand in the coming years. Government measures toward adoption of NG on account of ample availability will encourage the product penetration.

Complete report for 2018-2024 on Middle East Water Heater market is now available at https://www.marketstudyreport.com/reports/middle-east-water-heater-market

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Global Europe Air Source Heat Pump Market research report is added by Market Study report by covering all major market aspects. The report also touches the key scenarios like top players, competition, types, applications, regions, recent developments and future market predictions.

https://www.marketstudyreport.com/reports/europe-air-source-heat-pump-market/?utm_source=RR-openpr&utm_medium=DC

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