Press release
Smart Electric Heaters Market Poised to Expand at 15.3% CAGR During 2018-2026
Smart Features to Trigger Demand for Smart Electric Heaters
A sample of this report is available upon request @ https://www.persistencemarketresearch.com/samples/17887
Various smart features such as scheduling, monitoring, and data usage comparisons through tablets or smartphones along with zonal heating and self-learning ability is expected to create high demand for smart electric heaters. Remote monitoring provides the user with a detailed analysis and diagnosis of IoT enabled electric heater through application on smartphone. With this same application or even with help of thermostat, which works on Wi-Fi, the user can preset desired temperature and heating schedule at different times in a day. Few of the smart thermostat modules are integrated with self-learning features that allow them to study, comprehend and record the temperature requirements of the user. This feature is expected to fuel the market’s growth even further, as thermostat automatically alters the temperature after studying and observing the temperature settings set by the user during the initial few number of days.
Growing Need for Temperature Control to Significantly Boost Global Market Demand for Smart Electric Heaters
The need for climate control and temperature maintenance, especially in cold regions, is expected to drive the market for smart electric heaters. While away, a user can maintain a cozy heated atmosphere at home or in office with the help of the smart features and eco-smart technology offered by a smart electric heater. Also, some smart water heaters automatically switch to electric heating when the sensors pick up a severe fall in temperature.
Integration of other connectivity platforms such as Bluetooth, ZigBee, RFID and HomeRF to connect smart electric heaters to the network infrastructure in households and workplaces can present potential opportunities in the coming years. This way more smart electric heaters can be added to the system and the remote access distance can be increased. This can drive the demand for smart electric heaters at a noteworthy pace.
Global Smart Electric Heaters Market: Competition Analysis
According to research, players should focus on working with leading research institutions to drive the market commercialization with respect to technologies being developed in the industry. Key players profiled in this extensive research report are Honeywell International Inc., Zehnder Group, V-Guard Industries Ltd., Haier Electronics Group Co., Ltd., Mitsubishi Electric Corporation, A.O. Smith, Seimens AG, Danfoss, Rheen Manufacturing Company and Glen dimplex.
According to Persistence Market Research, smart electric heaters are expected to witness increased adoption in the coming years. The global market for market electric heaters is projected to expand at a stellar value CAGR of 15.3% throughout the period of assessment, 2018-2026. In 2017, the global market was valued at about US$ 554 Mn.
To view TOC of this report is available upon request @ https://www.persistencemarketresearch.com/methodology/17887
Key Insights on the Global Market
With respect to function, smart water heaters are gaining high traction and the segment is projected to expand at a relatively faster pace during the assessment period. However, smart climate control segment is expected to lead the global market. Residential end users have shown high inclination towards adoption of smart electric heaters. Sale of smart electric heaters for residential applications is expected to surpass a billion dollar benchmark in the years to follow. This is the most lucrative end use segment. By component, solution segment has shown high market valuation since past years and is expected to continue with this trend in coming years. Services segment in this category is projected to radiate high demand during the assessment period.
About Us
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
Contact Us
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353
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 Smart Electric Heaters Market Poised to Expand at 15.3% CAGR During 2018-2026 here
News-ID: 1444027 • Views: …
More Releases from PMR
Online Apparel Market Gain Impetus due to the Growing Demand over 2016 - 2026
The ecommerce sector have observed extraordinary growth over the past few years. The growth was primarily driven by prompt adoption of technology led by inclining use of devices such as tablets and smartphones as well as access to internet through 3G and broadband which ultimately resulted in inclination in the online consumer base. The growth showcased by some of the players such as snapdeal and flipkart exhibited immense potential of…
Passenger Car Accessories Market Likely to Emerge over a Period of 2016 - 2026
The global passenger car accessories market enables unlock the potential for the companies which are striving in car accessories market. Continuous up gradation of models along with advanced features in car accessories enables fascinated most of people towards car accessories. The advanced car accessories offers a trendy look to car as well as comfort. The interior accessories such as MP3 players, LED screens, speakers and stereo devices offers entertainment while…
Motorcycle Accessories Market Prophesied to Grow at a Faster Pace by 2016 - 2026
Improved economic outlook across the globe resulted into substantial increase in purchasing power of consumers over the past few years. Consequently, several industry verticals reported an increase in overall demand for respective products, and automotive industry is no different. However, different trends in sales reported across sub-segments within the automotive sector, but motorcycle sales has always remained impressive, particularly in high potential markets. Growth in global motorcycle market ascertained the…
Natural Food Beverage Foaming Agent Market Detailed Analytical Overview by 2016 …
Introduction
A foaming agent is a surfactant, which when present in small amounts, facilitates the formation of a foam, or enhances its stability by inhibiting the coalescence of bubbles. Natural Food & Beverage foaming agent are food additives which are used maintain the uniform dispersion of gases in aerated foods. Foam is produced with the help of trapping the gas bubbles and it is offered either in form of solid or…
More Releases for Smart
Smart Cities Market is Expected to Witness CAGR of 17.3% by 2027 with Applicatio …
A smart city is an urban unit or area that uses various types of electronic Internet of Things (IoT) devices to collect data and then use the insights to manage resources, assets, and services effectively. Green building is a growing trend in the global smart cities market. Constructing eco-friendly infrastructure facilities can provide a sustainable environment in the cities. Moreover, governments are focused on constructing energy-efficient buildings, in order…
Internet of Things (IoT) Devices Market By Type (Computing Devices, Smart Media, …
On a global scale, the Internet of Things (IoT) Devices market is currently showing significant development. The innovative methods and market study have helped many of the major players Samsung Electronics, Apple, Lenovo, ASUS, Acer, Huawei, Coolpad, LG Electronics, Google, Panasonic, Microsoft, Brother Industries, Honeywell, Fitbit, Lenovo to carve a name for themselves in the competitive global market. The Internet of Things (IoT) Devices market is experiencing a massive growth…
Global Smart Cities Market by Component (Hardware, Software) by Application (Sma …
Global Smart Cities Market: Overview
The global smart cities market is expected to reach a mark of over USD 3000 billion by 2024, at a CAGR over 21% during the forecast period. Significant growth in next-generation technologies such as artificial intelligence AI, personalized healthcare, sustainable energy generation and robotics are driving the smart cities’ future. Moreover, the increase in residential preference towards the adoption of advanced information and communication technologies ICT…
Global Smart Infrastructure - A Smart Approach To Smart Cities In 2016
Slowly but surely we are beginning to see a transformation take place in many parts of the world, as governments and councils realise they need to take a holistic approach to future city-wide development. In Australia, for example, we see that Adelaide, Canberra, Newcastle, Lake Macquarie, Sydney, Ipswich and Sunshine Coast have all been identified as being among the leading smart cities. The Netherlands also has great examples of emerging…
Global Smart Infrastructure - A Smart Approach To Smart Cities In 2016
The global smart city transformation is underway
Slowly but surely we are beginning to see a transformation take place in many parts of the world, as governments and councils realise they need to take a holistic approach to future city-wide development. In Australia, for example, we see that Adelaide, Canberra, Newcastle, Lake Macquarie, Sydney, Ipswich and Sunshine Coast have all been identified as being among the leading smart cities. The Netherlands…
Smart Kitchen Appliances Market ( Smart Refrigerators, Smart Dishwashers, Smart …
The rising demand for smart kitchen appliances is linked to their premium design that offers better effectiveness and more comfort than their traditional counterparts. With energy efficiency at its core, the global market for smart kitchen appliances is expected to surge at a robust pace in the near future.In a report titled “Smart Kitchen Appliances Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2022,” Transparency…
