Press release
Commercial Water Heater Market Size, Analytical Overview, Growth Factors by Top Key Players - Bosch Thermotechnology, A.O Smith, Havells India Limited, Bradford White, General Electric Appliances, Rheem Manufacturing, Haier Electronics, Hubbell, Viessmann
Extensive growth across hospitality and healthcare sector will stimulate the North East commercial water heater market growth. Growing demand from the state?s primary commercial hubs including Pennsylvania, New Jersey and New York will enhance the industry outlook. Increasing spending toward construction projects along with extensive infrastructure across the region will enhance the business outlook. Furthermore, extreme temperature drop during winters will significantly influence the product demand.
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Rapid expansion of existing businesses coupled with continuous government support to boost the business practices across Michigan and other states will stimulate the East North Central commercial water heater market growth. For instance, ENERGY STAR summary of water heater programs, in 2018, Illinois noted the highest funds amongst the region valued over USD 10-25 million. Furthermore, continuous support from local cooperatives and municipal utilities will further accelerate the industry growth.
Dedicated promotional activities to promote the adoption of efficient heating technologies coupled with government provided incentives and rebates will drive the U.S. commercial water heater market growth. Growing concerns toward climate change with rapid shift toward clean energy sources will augment the business landscape. Rapid incline in the gas storage & tankless system demand coupled with ongoing retrofitting activities to comply with the stringent industry policies will positively enhance the industry outlook.
U.S. Commercial Water Heater Market is estimated to reach over USD 750 million by 2025. Extreme climatic conditions across the cities with subzero temperature coupled with rapid development of skyscraper buildings will drive the U.S. commercial water heater market growth. Extensive growth of service sector coupled with expansion of current manufacturing units will complement the business landscape. Furthermore, technological upgradation with introduction of innovative features including remote control, Wi-Fi integration and control & management system will augment the industry landscape.
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The instant water heater market is predicted to grow on account of extensive tourism sector growth leading to growing hot water demand from hotels and hospitals. Substantial power optimization along with on demand heating have resulted in growing deployment across corporate offices. In addition, growing demand from high rise buildings and hotels owing to efficient performance and high energy factor than its substitutes will encourage the product adoption.
Ongoing construction of new colleges and universities will propel the U.S. commercial water heater market growth. Unnecessary water wastage along with need for mass flow units will instigate the demand for gas tankless units. Furthermore, respective government directives for deployment of high efficiency units across government facilities including hospitals and educational institutes will complement the industry landscape.
Notable players functioning across the U.S. commercial water heater industry include Bosch Thermotechnology, A.O Smith, Havells India Limited, Bradford White, General Electric Appliances, Rheem Manufacturing, Haier Electronics, Hubbell, Viessmann Group, Whirlpool Corporation, State Industries, Ariston Thermo and Rinnai Corporation.
Report Content
Chapter 1 Methodology & Scope
1.1 Methodology
1.2 Market definitions
1.3 Market estimates & forecast parameters
1.4 Data sources
1.4.1 Primary
1.4.2 Secondary
1.4.2.1 Paid sources
1.4.2.2 Public sources
Chapter 2 Executive Summary
2.1 U.S. commercial water heater market 360 degree synopsis, 2014 - 2025
2.1.1 Business trends
2.1.2 Product trends
2.1.3 Capacity trends
2.1.4 Energy source trends
2.1.5 Application trends
2.1.6 Regional trends
Chapter 3 U.S. Commercial Water Heater Industry Insights
3.1 Industry segmentation
3.2 Industry landscape, 2014 - 2025
3.3 Industry ecosystem analysis
3.3.1 Vendor matrix
3.4 Innovation & sustainability
3.4.1 A.O Smith
3.4.2 RHEEM Manufacturing
3.4.3 BOSCH Thermotechnology
3.4.4 Bradford White
3.4.5 State Industries
3.5 Regulatory landscape
3.5.1.1 U.S.
3.5.1.1.1 Minimum Energy Performance Standards (MEPS)
3.5.1.1.2. National Emission Standards for Hazardous Air Pollutants (NESHAP)
3.5.1.1.3. New Source Performance Standards (NSPS)
3.6 Customer requirement
3.6.1 Customer group requirement
3.6.1.1 Price
3.6.1.2 After-sales service
3.6.1.3 Product accreditation
3.6.1.4 Space requirement & size
3.6.1.5 Energy efficiency
3.7 Entry barriers
3.8 Price trend analysis, by energy source
3.8.1 Electric water heater price trend, by capacity
3.8.2 Gas water heater price trend, by capacity
3.9 Consumed cost of energy (CCE) and NPV analysis
3.9.1 CCE analysis for water heating technology replacement options
3.9.2 NPV analysis for water heating technology replacement options
3.10 Industry impact forces
3.10.1 Growth drivers
3.10.1.1 North America & Latin America
3.10.1.1.1 Growing demand for energy efficient water heaters
3.10.1.1.2 Government mandates pertaining to energy efficiency
3.10.1.2.3 Growing demand for replacement of existing water heaters
3.10.2 Industry pitfalls & challenges
3.10.2.1 High installation cost
3.11 Growth potential analysis
3.12 Porter's analysis
3.13 Competitive landscape, 2018
3.13.1 Strategy dashboard
3.13.1.1 RHEEM Manufacturing
3.13.1.2 BOSCH Thermotechnology
3.13.1.3 A.O Smith
3.13.1.4 Rinnai Corporation
3.13.1.5 Bradford White
3.13.1.6 Saudi Ceramics
3.14 PESTEL Analysis
Chapter 4 U.S. Commercial Water Heater Market, By Product
4.1 U.S. commercial water heater market share by product, 2018 & 2025
4.2 Instant
4.2.1 U.S. market from instant, 2013 - 2024
4.2.2 U.S. market from instant, by region, 2014 - 2025
4.2.2.1 Electric
4.2.2.1.1 U.S. market from electric, 2013 - 2024
4.2.2.1.2 U.S. market from electric, by region, 2014 - 2025
4.2.2.2 Gas
4.2.2.2.1 U.S. market from gas, 2013 - 2024
4.2.2.2.2 U.S. market from gas, by region, 2014 - 2025
4.3 Storage
4.3.1 U.S. market from storage, 2013 - 2024
4.3.2 U.S. market from storage, by region, 2014 - 2025
4.3.2.1 Electric
4.3.2.1.1 U.S. market from electric, 2013 - 2024
4.3.2.1.2 U.S. market from electric, by region, 2014 - 2025
4.3.2.1.3 400 liters, by region, 2014 - 2025
4.3.2.2 Gas
4.3.2.2.1 U.S. market from gas, 2013 - 2024
4.3.2.2.2 U.S. market from gas, by region, 2014 - 2025
4.3.2.2.3 400 liters, by region, 2014 - 2025
Chapter 5 U.S. Commercial Water Heater Market, By Capacity
5.1 U.S. commercial water heater market share by capacity, 2018 & 2025
5.2 400 liters, by region, 2014 - 2025
Complete report titled at https://www.marketstudyreport.com/reports/u-s-commercial-water-heater-market
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