Press release
Water Heater Market Trends, Size, Forecast - 2018-2023
Water Heater Market
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Government subsidiaries regarding the energy efficient water heater for the domestic and industrial purpose are also augmenting the market. Increasing commercialization globally especially in emerging economies is also one of the major factors for increasing market. Commercial places such as hotels, hospitals, Spa have a huge application of water heater. Significant commercialization has been observed globally. As per WHO, about 54% population were living in the urban area in 2014 which was only 34% in 1960. The percentage is expected to further go up in upcoming years. It is expected that the global urban population will grow with 1.84% per year from 2015 to 2020 and 1.63% per year from 2020 to 2025.
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Water Heater Market Segmentation
By Energy Source
• Gas
• Electricity
• Hybrid
• Solar
By Mode of Water Supply
• On-Demand or Tank-Less Water Heater
• Storage or Tank Water Heater
By End-User
• Residential
• Commercial
• Industrial
Competitive Landscape
• Key Strategy Analysis
• Key Company Analysis
Regional Analysis
• North American
o United States
o Canada
• Europe
o UK
o Germany
o Italy
o Spain
o France
o RoE
• Asia-Pacific
o India
o China
o Japan
o Rest of Asia-Pacific
• Rest of the World
Company Profiles
• A. O. Smith Corp.
• Ariston Thermo SpA
• Atc Electrical and Mechanical Ltd.
• Bajaj Electricals Ltd.
• Bandini Scaldabagni S.P.A.
• Bradford White Corp.
• Crompton Greaves Ltd.
• General Electric Company
• Haier Electronics Group Co., Ltd.
• Himin Solar Group Co., Ltd
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