openPR Logo
Press release

Instant Water Heater Market is projected to surpass 75 million units by 2024 Eminent players are A.O Smith, Bradford White, Vaillant Group, Rheem Manufacturing, Ferroli, State Industries, Bosch Thermotechnology, Viessmann Group, Ariston Thermo, Whirlpool

02-11-2019 11:25 AM CET | Energy & Environment

Press release from: Global Market Insights, Inc.

Instant Water Heater Market is projected to surpass 75 million

Instant Water Heater Market size will surpass USD 15 billion by 2024, as reported in the latest study by Global Market Insights, Inc.

Rapid infrastructural development on account of increasing funding by respective government authorities will fuel the tankless water heater market growth. Ongoing replacement of conventional heating systems primarily across residential establishments on account of strict industry norms have instigated the industry growth. In addition, growing development of zero emission buildings coupled with government mandates toward deployment of energy efficient technologies primarily across newly constructed properties will further augment the business landscape.

Request for Sample Copy of this research report @ https://www.gminsights.com/request-sample/detail/3007

Rapid service sector growth along with increasing funding toward development of multifamily apartments will foster the U.S. instant water heater market growth. Technological advancements over the past decade have led to the development of innovative and cost-effective technologies. Introduction of leakage detection system, remote control software and multiple communication features will further attract a large customer base.

Instant water heater market research report includes in-depth coverage of the industry with estimates & forecast in terms of Units and USD from 2013 to 2024, for the following segments:

Instant Water Heater Market, By Energy Source
• Electric
• Gas
• Natural Gas
• LPG

Instant Water Heater Market, By Application
• Residential
• Commercial
• College/University
• Offices
• Government/Military

Compact designs, low power consumption and on demand hot water supply are some of the key features that will drive the tankless water heater market. Increasing need for instant hot water supply primarily across offices and educational institutes will augment the business landscape of tankless water heater market Furthermore, low standby losses along with considerable reduction in the heating bills will further lead to product adoption.

Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/3007

Increasing need for constant hot water supply across hospitals and hotels along with growing preference for on demand heating will stimulate the commercial water heater market. Highly efficient performance owing to integrated flow sensors along with significant savings in utility bills will further lead to product adoption. Furthermore, worldwide commencement of smart cities projects will positively influence the industry outlook of tankless water heater market.

Asia Pacific tankless water heater market size was valued over USD 3 billion in 2017. Considerable rise in disposable income on account of ongoing infrastructure projects primarily across China and India will complement the industry landscape. Increasing foreign investment on account of flexible FDI and trade policies will further support the business growth. In addition, growing service sector along with ongoing construction of commercial properties including educational institutes and offices will encourage the product adoption.

Browse key industry insights spread across 502 pages with 1138 market data tables & 29 figures & charts from the report @ https://www.gminsights.com/industry-analysis/instant-water-heater-market

Key participants operating across instant water heater market include, Rinnai, A.O Smith, Bosch, Rheem, Ferroli, State Industries, Linuo Ritter, Haier Electronics, Bradford White, Jaquar, Saudi Ceramics, Hubbell, Ariston Thermo, Vaillant, Whirlpool, Viessmann and Kanch Water Heaters.

Easy installation, reduction in components cost and low power consumption will fuel the electric water heater market growth. Wide electricity supply network and simple design structure are the key factors responsible for product adoption. High preference over gas substitutes on account of low standby heat loss and high energy factor coupled with less regulatory intricacies associated with electric variants will further lead to product penetration.

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://allnewsmyway.com

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 Instant Water Heater Market is projected to surpass 75 million units by 2024 Eminent players are A.O Smith, Bradford White, Vaillant Group, Rheem Manufacturing, Ferroli, State Industries, Bosch Thermotechnology, Viessmann Group, Ariston Thermo, Whirlpool here

News-ID: 1576293 • Views: 867

More Releases from Global Market Insights, Inc.

Global sodium metasilicate pentahydrate market size by 2025 | Top Companies are …
Global Market Insights, Inc., says that sodium metasilicate pentahydrate market may exceed USD 875 million by 2025. Sodium metasilicate pentahydrate market is expected to accrue momentous proceeds from the cement industry. The product is used as a connecting agent in the making of refractory cement & can enable properties such as chemical and heat resistance and hardness. It has also found application in the cosmetic, textile, ceramics, chemical production, and
Vinyl ester market Growth in Europe, Impact Covid19 and Top key players like Swa …
Vinyl ester market to be fueled by increasing deployment of wind energy facilities, Europe to emerge as a pivotal revenue pocket. In 2017, Europe marked a growth of 25% in the wind power plant capacity annual installation as compared to 2016. Whereas wind energy was the second-largest source of power generation power in the year 2016 in Europe. Nations worldwide are actively aligning their focus toward the deployment of wind
Biaxially Oriented Polypropylene (BOPP) Market Size, Share by key players like B …
Biaxially oriented polypropylene (BOPP) market size to reach USD 20 billion by 2024. Growing focus on superior packaging for the protection of delicate good, foods, medicines, and others will favor BOPP business growth in the coming years. Rapid proliferation of e-commerce platforms along with changing consumer spending trends will drive biaxially oriented polypropylene (BOPP) market outlook. In a world of constantly-changing lifestyles, consumers expect products to be shatter-proof, lightweight, aesthetically appealing,
Titanium Dioxide Market to see 7%+ CAGR over 2021-2026 | Key Players are Tronox …
Titanium Dioxide Market growth will be driven by rising expansion activities in the paints & coatings sector and proliferating application in paper & pulp industry. For years, titanium dioxide (TiO₂) has been used in the manufacturing of numerous consumer products across various industries. The product finds applications in paints, adhesives, coatings, paper, rubber, printing inks, textiles, coated fabrics, ceramics, roofing materials, floor coverings, and cosmetics. Surging in product demand across

All 5 Releases


More Releases for Instant

Instant Beverage Premixes Market
https://www.qandqmarketresearch.com/reports/7293858/instant-beverage-premixes-market-62 Instant beverage premixes are prepared drinks, which boost metabolism, enhance functionality, and provide healthy hydration. Instant beverage premix market analysis is primarily split into different type including instant coffee, instant tea, instant milk and instant health drinks and soups. In 2017, the global Instant Beverage Premixes market size was xx million US$ and is forecast to xx million US in 2025, growing at a CAGR of xx% from 2018. The objectives of
Instant Payments: A Global View
Researchmoz added Most up-to-date research on "Instant Payments: A Global View" to its huge collection of research reports. An insight on the important factors and trends influencing the market. "Instant Payments: A Global View", report contains an in-depth review of instant payment systems around the world, including analysis of the key systems currently in place, and their strengths and weaknesses. Instant payment systems are becoming increasingly prevalent worldwide, as central banks and
Instant Beverage Premix Market: Instant Coffee Premixes Soars in Popularity
The global market for instant beverage premix is predicted to exhibit a solid growth in the forthcoming years, according to analysts at Transparency Market Research (TMR). The global market for instant beverage premixes is featured by the presence of a large pool of players, on account of new entrants being encouraged by the low initial investments and low entry barriers. The market is highly competitive, with onus on market players
Instant Beverage Premix Market: Instant Coffee Premixes Soars in Popularity
The global market for instant beverage premix is predicted to exhibit a solid growth in the forthcoming years, according to analysts at Transparency Market Research (TMR). The global market for instant beverage premixes is featured by the presence of a large pool of players, on account of new entrants being encouraged by the low initial investments and low entry barriers. The market is highly competitive, with onus on market players
Instant Payments: A Global View
ReportsWeb.com published “Instant Payments Market” from its database. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. "Instant Payments: A Global View", report contains an in-depth review of instant payment systems around the world, including analysis of the key systems currently in place, and their strengths and weaknesses. Instant payment systems are becoming
Predictions for 2017: Instant Fruit Juice Powder
Qyresearchreports include new market research report Global Instant Fruit Juice Powder Market Professional Survey Report 2017 to its huge collection of research reports. The report on the global market for Instant Fruit Juice Powder tries to help stakeholders gather a proper understanding about the current trends and vulnerabilities of the market. It is made up of important information that provide a thorough insight into the global market for Instant Fruit Juice