Gas Water Heater Market Key Players like A.O Smith, Lennox, BDR Thermea Group, Ariston Thermo, Bradford White Corporation, Haier Electronics

The qualitative research study introduced by DecResearch.com, on Gas Water Heater Market Report provides primary Data, surveys, Scope of the Product and vendor briefings. The market dynamic forces have been determined after conducting a detailed study of the Gas Water Heater Market.

Growing investments in research and development to reduce cost of power along with ongoing government initiatives toward development of sustainable energy technologies will foster the gas water heater market in China. Residential establishments to integrate the renewable energy technologies coupled with rapid commercialization will further stimulate the product penetration. The CSEPCR Strategy of China aims at addressing the environmental and economic challenges and energy security in the nation.

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Rising demand for low emission heating systems coupled with growing investments toward advanced and customized products will favor the gas water heater market share in the U.S. Ongoing upgradation and refurbishment of existing heating networks along with smart temperature control devices integration will embellish the product demand. Initial cost and net pay back period are some of the strong economic factors which will further drive the industry landscape. The GE in 2017 in collaboration with DOE introduced Geo Spring Hybrid Water Heater. The product is estimated to consume 62% less energy compared to the standard 50-gallon water heater.

Leading Key Players in Gas Water Heater Market are: A.O Smith, Lennox, BDR Thermea Group, Ariston Thermo, Bradford White Corporation, Haier Electronics, Bosch Thermotechnology, Racold, Whirlpool Corporation, Rinnai Corporation, Rheem Manufacturing, Ferroli, Hubbell Electric Heater Company, Havells India Limited

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The gas water heater market from residential was valued over 25 million units in 2016. Rising demand for refitting of infrastructure and advancing real estate sector will fuel the business landscape. Rising infrastructure spending along with increasing residential establishments across the developing economies will further compliment the industry outlook. Increasing measures to decrease product standby losses and rapid technological advancement will favor the industry outlook.

Gas water heater market in Germany is projected to expand over 1% by 2024.Growing awareness towards ecological balance along with favorable government initiatives will foster the product penetration. Growing adoption of advanced and innovative heating technologies along with frequent amendments in EU directives to regulate and include advancing cooling and heating technologies will embellish the industry landscape. Improved product life and growing concerns to reduce carbon footprint will further propel the product outlook.

Growth Drivers:
o North America & Latin America:
o Growing demand for energy efficient water heaters
o Replacement of conventional water heating systems
o Europe
o Stringent energy efficiency norms
o Growing demand for replacement of existing water heaters
o Asia Pacific & MEA
o Rapid urbanization and advancing product customization
o Increasing demand for energy efficient systems
o Frequent power outages and growing demand from remote off grid areas

Partial Table of Contents (ToC) of the report:
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 Gas water heater market 3600 synopsis, 2015 - 2026
2.1.1 Business trends
2.1.2 Product trends
2.1.3 Capacity trends
2.1.4 Fuel trends
2.1.5 Application trends
2.1.6 Regional trends

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