Press release
2026 Projections: Asia Pacific Water Heater Market Report by Product, Application and Regional Outlook
Growing prominence of smart and energy efficient heating solutions is set to provide major impetus to Asia Pacific water heater market. Additionally, numerous advantages of water heaters such as availability in various capacities, longer lifespan, minimum maintenance and significant cost saving has impelled their adoption to great extent.
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Pages: 435
Tables: 548
Charts / Figures: 50
Besides, increasing initiatives from the leading industry players such as Alpha Electric, Ariston Thermo, A.O. Smith, Rheem Manufacturing, Bajaj, Haier Electronics and Racold to develop advanced solutions will foster the application of water heater further. For instance, in 2018, Haier Electronics, one of the prominent companies in the region announced the launch of its new floral shockproof water heater in the Indian market for the first time. Apparently, this product launch will help the company strengthen its product portfolio as well as its market position.
The overall Asia Pacific water heater market is bifurcated in terms of application, capacity and regional landscape.
Based on the application segment bifurcation, commercial water heater segment is estimated to register substantial gains over the ensuing years. The growth can be credited to increasing product installation driven by growing construction of smart cities coupled with growing infrastructure development in the region. According to credible sources, China is a home for around 500 smart city pilot projects covering small and big cities across the country. Favorable regulatory scenario and investments in the country are major driving factors for the development. The country further aims to nurture 100 new smart cities over the span of 2016 to 2020 as a part of its urban planning and development.
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Moreover, favorable government initiatives encouraging the adoption of renewable technologies will stimulate the demand for water heaters. In addition, several industry players are focusing on increasing R&D activities for developing smart and advanced heating equipment, which is likely to open new growth avenues for the segment.
In terms of capacity, 30-100 liters heating systems are projected to experience exponential demand over the forthcoming years on account of growing rural electrification projects initiated by the state and regional governments across developing countries. Ongoing installation across several multi and single-family apartments as well as small-scale industries will fuel the product demand further. Furthermore, growing investments from the World Bank and the International Development Organizations (IDOs) will support the segment growth significantly.
With respect to the regional landscape, countries such as Thailand, India, China, etc., are expected to come up as viable growth avenues for the regional water heater industry. As per estimates, Thailand water heater market is expected to observe a substantial growth rate of 2% through 2026 owing to rising hot water requirements for the domestic applications along with growing inclination towards energy efficient models for saving costs. Besides, technological advancements and growing adoption of sophisticated, smart and large capacity products will foster the product penetration. Moreover, elevating demand for clean fuels coupled with rising concerns regarding carbon dioxide emissions will propel the industry growth.
Partial Table of Contents (ToC) of the report:
Chapter 5 Asia Pacific Water Heater Market, By Capacity
5.1 Asia Pacific water heater market by capacity 2019 & 2026
5.2 Below 30 liters
5.2.1 Asia Pacific water heater market from below 30 liters, 2015 - 2026
5.2.2 Asia Pacific water heater market from below 30 liters, by country, 2015 – 2026
5.3 30-100 liters
5.3.1 Asia Pacific water heater market from 30-100 liters, 2015 - 2026
5.3.2 Asia Pacific water heater market from 30-100 liters, by country, 2015 – 2026
5.4 100-250 liters
5.4.1 Asia Pacific water heater market from 100-250 liters, 2015 - 2026
5.4.2 Asia Pacific water heater market from 100-250 liters, by country, 2015 – 2026
5.5 250-400 liters
5.5.1 Asia Pacific water heater market from 250-400 liters, 2015 - 2026
5.5.2 Asia Pacific water heater market from 250-400 liters, by country, 2015 – 2026
5.6 >400 liters
5.6.1 Asia Pacific water heater market from >400 liters, 2015 - 2026
5.6.2 Asia Pacific water heater market from >400 liters, by country, 2015 – 2026
Browse complete table of content of this report @ https://www.gminsights.com/toc/detail/asia-pacific-water-heater-market
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Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
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Email: sales@gminsights.com
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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 methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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