Global Water Heaters Market 2019 Industry Analysis, Share, Growth, Sales, Trends, Supply, Forecast 2025

Water Heaters Market:

WiseGuyReports.com adds “Global Water Heaters Market Professional Survey Report 2019” reports to its database.

Executive Summary

Water heaters are devices that heat water to a higher temperature for a wide range of uses and applications. Water heating is a heat transfer process from the heating element of the water heater to the water. The process of water heating can also be used to purify water for drinking or other similar processes. The high temperature achieved when water is heated results in the death of the pathogens, bacteria present in the water. Different models of water heaters can heat up water quicker depending on the heating element present in it.

Advances in technology and electronics have resulted in newer and more advanced water heaters being released in the market. They have a sealed air-intake system also called band-joist intake units. Check valves that regulate the flow of water are installed at both the inlet and outlet. Condensing units that have a high efficiency are also used with some units being able to convert 98% of the energy to be used to heat the water. A drain is an important unit because the water vapor and carbon dioxide produced must be ventilated.

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The report published on the global water heaters market is an in-depth study on the various factors that can either help the market grow or act as inhibiting factors in the market growth. The market share of key manufacturers in the water heaters industry has been discussed and the capacity, as well as the production of the key manufacturers, is discussed in detail. The revenue and prices of the water heaters are analyzed thoroughly and the degree of concentration of the global water heaters market is presented in the report.

Market Segmentation

The global water heaters market is divided into different market segments based on the different types of water heaters currently available in the market and the different applications that the water heaters are used for.

Market split based on the type:

Electric Water Heater: Used electricity to heat the water.
Fossil Fuel Water Heater: Fossil fuels are burnt to heat the water.
Gas Water Heater: Water heaters that rely on gas to heat water.
Solar Water Heater: Uses the heat generated by the sun to heat the water.
Other
Market split based on the application: Based on the different industries that utilize water heaters the categories are as follows:

Residential
Commercial
Industrial
Regional Overview

The report on the global water heaters market is split into different regions based on the country or continent they are located in. This is to better segregate the different regions on the basis of their sales and revenue. North America is one of the regions that have the highest demand for water heaters due to its unique location which makes it very cold in the winter months. The revenue, gross margin, and ex-factory price for the various key manufacturers included in the report from the year 2014 to the year 2019 have been discussed in detail. The consumption based on the different applications and types are also discussed.

Industry News

A Haier company, GE Appliances is gearing up to invest 60 million USD to create a manufacturing center of excellence for the production of water heaters. The new plant which is going to be located in Camden, South Carolina will undergo extensive renovation and retooling to transform the plant from that produces refrigerators to a water heater plant.

Continuous…

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