openPR Logo
Press release

Instant Water Heater Market industry valuation to cross USD 15 billion by 2024 Eminent players are A.O Smith, Bradford White, Ferroli, State Industries, Bosch Thermotechnology, Viessmann Group, Ariston Thermo, Whirlpool and Jaquar

07-22-2019 12:26 PM CET | Energy & Environment

Press release from: Global Market Insights, Inc.

The global instant water heater market is projected to witness considerable growth in the ensuing years primarily driven by the surge in working population and investments in huge residential establishments. According to the National Multifamily Housing Council, apartment construction in the year 2013 generated about $30.0 Bn in direct spending, $92.6 Bn in economic contribution, along with 702,482 new jobs. It is rather overt that the rise in residential construction will lead to an upsurge in instant water heater market size, given that usually operate on propane or natural gas and are rather cost-effective.

Request for Sample Copy of this research report @

The advancements in technology over the past decade can indeed be attributed for innovative and affordable heating mechanisms that are proliferating the market. The introduction of heating systems with leakage detection potential, remote controlled software, and multiple interaction properties is bound to attract residential and commercial property owners. The ongoing replacement of conventional heating systems chiefly across residential buildings owing to stringent standards have also been responsible for the expansion of instant water heater market.

Lately, regional governments have been mandating norms to embrace energy-efficient technologies in response to the trend of zero-emission buildings primarily across new construction, that would further elevate the industry landscape. According to trusted reports, nearly half of UK’s CO2 emissions come from the construction sector and the operation of buildings, while in the United States, buildings constitute roughly 40 percent of the country’s emissions. Lately, Norway has established ZEB, which is a Zero Emission Buildings Research Center, that studies ways to eradicate greenhouse gas emissions from buildings. The growing attempts by governments worldwide to cut-down greenhouse gases emission will elevate demand for cleaner heating solutions, thereby contributing toward instant water heater industry expansion.

A closer look at a couple of instrumental developments in the instant water heater market:
Amazon Alexa accepts voice commands for instant water heaters
In a recent turn of events, Rinnai, a leading player in the instant water heater industry, has reportedly enabled Amazon Alexa integration in instant water heaters to allow users to operate the device through voice controls. Reportedly, this move makes Rinnai the first tankless water heater company to introduce Amazon Alexa integration in its devices.

According to sources familiar with the development, this innovative technology allows users to extend voice commands like “Alexa, tell Rinnai to begin circulation,” or “Alexa, ask Rinnai to turn off the shower,” and the Rinnai instant water heater gets into action.

The enhanced Control-R 2.0 Alexa mobile application has in-built timers and schedules allowing for several on/off periods during the day, with the schedule located on the Control-R module. Moreover, the application is so designed that it enables users to remotely set the device into vacation mode when they are far, also a user can abort a pre-scheduled recirculation event from starting.

Make an inquiry for purchasing this report @

Ferroli introduces Wi-fi enabled water-heater in India for the first time
Ferroli, a known name in the global water heater market, is renowned to have set new benchmarks for its contemporaries. In the year 2014, Ferroli launched its first smart water heaters range in India. The new Wi-fi powered water-heaters, enable users to set water temperature, water heating time, shower time display and other smart features, via mobile phone. Not only are these new heaters smart, but they are highly energy efficient, allowing users to save significant cost and energy.

The new smart range comprises CALDO and MITO, which are tailor-made water heaters to suit Indian climate conditions and shifting consumer preferences. In a highly competitive marketplace, such technological escalations in consort with first mover advantage would definitely strengthen Ferroli’s foothold in the global instant water heater market.

In an era that has been constantly reiterating the relevance of energy efficiency and emission reduction, the instant water heater industry has been proactively reinforcing its stance in the global energy landscape. With the advent of user friendly, energy-efficient, intelligent & technologically advanced instant water heating solutions, it can be claimed without a doubt that the growth of this industry in the future will give rise to sustainable development. Endorsed by a promising competitive outlook the global instant water heater market is set to forge new growth avenues over the future, fueled by innovation and research & development initiatives undertaken by distinguished market players.

Browse Full Report @

Chapter 2 Executive Summary
2.1 Instant water heater market 3600 synopsis, 2013 – 2024
2.1.1 Business trends
2.1.2 Energy source trends
2.1.3 Application trends
2.1.4 Regional trends

Chapter 3 Instant Water Heater Industry Insights
3.1 Industry segmentation
3.2 Industry landscape, 2013 – 2024
3.3 Industry ecosystem analysis
3.3.1 Vendor matrix
3.4 Innovation & sustainability

Chapter 4 Instant Water Heater Market, By Energy Source
4.1 Instant water heater market share by energy source, 2017 & 2024
4.2 Electric
4.2.1 Global market from electric, 2013 - 2024
4.2.2 Global market from electric, by region, 2013 – 2024
4.3 Gas

Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688

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

This release was published on openPR.

Permanent link to this press release:

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 industry valuation to cross USD 15 billion by 2024 Eminent players are A.O Smith, Bradford White, Ferroli, State Industries, Bosch Thermotechnology, Viessmann Group, Ariston Thermo, Whirlpool and Jaquar here

News-ID: 1808462 • Views: 313

More Releases from Global Market Insights, Inc.

PP Nonwoven Fabrics Market to accrue lucrative gains over 2026
The report on global PP nonwoven fabrics market evaluates the growth trends of the industry through historical study and estimates future prospects based on comprehensive research. The report extensively provides the market share, growth, trends and forecasts for the period 2020-2026. Polypropylene (PP) nonwoven fabrics are one of the most versatile materials available in the market. The product is different from other substrates and fabrics that are made by knitting, weaving,
Automotive Coatings Market growth overviews 2026 | Axalta , BASF, PPG Industries …
The automotive coatings market can be segmented into various types based on different parameters. For instance, by technology the industry is segmented into waterborne, solvent borne and UV-cured, while based on product, it is categorized into primer, basecoat, clearcoat, and electrocoat. A notable rise in disposable incomes and technological developments has had a positive influence over automotive coatings market over the years. Automobile coatings are a key focus for the manufacturers
Specialty Fuel Additives Market to hit US$10 billion by 2023 | Key Players are B …
It is estimated that global specialty fuel additives industry size will reach US$10 billion by 2023. There has been a significant upsurge in the consumption of LPG and CNG in recent years. This can be attributed to the introduction favorable policies and government subsidies to promote the adoption of ecofriendly products. Growing need to improve the cetane number for better performance will certainly fuel the product demand. Global specialty fuel
Plant Growth Regulator Market to hit $ 9.7 Bn by 2025 | BASF, DuPont, Syngenta, …
It is estimated that global plant growth regulators market size will exceed an annual valuation of US$9.7 billion by 2025, with a rapid upsurge in world population and subsequently rising food demand. The constantly growing global population, which is estimated to exceed 10 billion by 2050, is a critical challenge for the agriculture sector. The UN FAO estimates that agricultural demand will be up to 50% higher by 2050 compared

All 5 Releases

More Releases for Alexa

169 Labs co-founder Tim Kahle becomes Alexa Champion
Cologne/Munich, 20. September 2018 - 169-Labs co-founder Tim Kahle has been awarded the title of Alexa Champion: On the Alexa Developer page he is listed as one of few Alexa Champions worldwide. Alexa-Champions is a recognition program within the Alexa developer community that honors especially dedicated developers who have distinguished themselves by their contribution to the voice community. For example those who have created new tools and tutorials, trained other
Mr Digital gets friendly with Alexa, Suri & Google Assistant
Surrey-based digital marketing agency, Mr Digital, is delighted to announce it’s leading the way with a move into voice-search optimisation thanks to its investment in researching and understanding how results are impacted for who, what, where-style search terms such as who is Ahmed Bessedik, what restaurants are nearby and where will I find the nearest petrol station? Ross Crawford, founder of Mr Digital, has been on the journey as SEO has
„Alexa, ask POOL4TOOL …”: Next Level Amazon Integration
POOL4TOOL Pushes Its Digital Procurement Strategy Forward and Is the First Solution Provider to Integrate Digital Voice Control into Its Procurement Application Vienna | Munich | Belgrade | Detroit |Singapore | Dubai, May 22, 2017 –POOL4TOOL, the digital procurement specialist, has integrated Alexa and Alexa-compatible devices into its application, making it the first software provider to simplify routine tasks in Procurement with the help of voice control and Amazon’s audio device.
Arri Alexa Mini hire from Panny Hire in Birmingham, London, Manchester and Brist …
Panny Hire are pleased to announce the arrival of their Arri Alexa Mini, RED Scarlet-W camera for hire! Also Arri Zeiss Ultra Prime lenses for hire! Hire from Birmingham, London, Manchester or Bristol. UK nationwide delivery available too! We have a great range of lenses including Arri Ultra Prime lenses, Canon Cinema CN-E prime lenses, Canon L Series zooms and primes, Carl Zeiss Compact Zoom CZ.2, vintage Cine-Mod primes, PL Zeiss
KerryOnWorld Breaks Top 1 Million Alexa Mark
Campbell, California (November 9, 2010) - KerryOnWorld, a news, discussion and opinion website announced today that it has broken the Alexa 1 million mark. The social newspaper website known for publishing article submissions from the public and sharing them in citizen journalism style, broke the mark last week. "We're back and we're connecting. Since the relaunch of over three months ago, we have gone from a 12 million rating on Launch Free Online Alexa Site Rank Checker Tool
Cheshire, United Kingdom (March 10, 2010) -, a leading SEO firm based in the North West of England, have just launched a range of free SEO tools on their website which are available for any interested internet user. One of which is their free Alexa Rank Checker. Alexa is a website which helps to collect traffic information from users who install the Alexa toolbar onto their browser. A division of