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Global Water Heaters Market | Industry Size And Share, Trends And Statistical Analysis, Opportunities And Restraints, Growth Drivers, And Future Prospects
Water Heaters Market
The water heaters market report describes and explains the global water heaters market and covers 2015 to 2020, termed the historic period, and 2020 to 2025 termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.
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The water heaters market consists of sales of water heaters. A water heater is a device used for heating water above its ambient temperature, used generally for domestic purposes.
The global water heaters market is expected to grow from $38.59 billion in 2020 to $42.68 billion in 2021 at a compound annual growth rate (CAGR) of 10.6%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $62.05 billion in 2025 at a CAGR of 10%.
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Some of the major players of the water heaters market are Siemens AG, Bajaj Electricals Ltd, Bradford White, Rinnai, HTP, Bradford White, Rheem Manufacturing Co, Heat Transfer Products Inc, Bradford White Corp, Noritz Corp, Crompton Greaves Ltd, Haier Water Heater Co. Ltd, Ariston Thermo SPA, Sun Tank, Alternate Energy Technologies, A.O Smith, Viessmann, Rheem manufacturing, Wagner Solar, Linuo Ritter, Bosch, Racold, V Guard Industries, Himin Solar Energy, Chromagen, Venus Home Appliances, AO Smith, Rheem Manufacturing, Siemens, Ariston Thermo, Bajaj Electricals.
The countries covered in the global water heaters market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global water heaters market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The global water heaters market is segmented -
1) By Product Type: Solar Heaters, Electric Heaters, Gas and Propane Heaters, Geothermal Heaters
2) By End User: Residential, Commercial, Industrial
3) By Distribution Channel: Supermarket/Hypermarket, Specialty Stores, E-Commerce, Others (Wholesalers, Distributors)
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Few Points From Table Of Content
1. Executive Summary
2. Water Heaters Market Characteristics
3. Water Heaters Market Trends And Strategies
4. Impact Of COVID-19 On Water Heaters
5. Water Heaters Market Size And Growth
…
26. Africa Water Heaters Market
27. Water Heaters Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Water Heaters Market
29. Water Heaters Market Future Outlook and Potential Analysis
30. Appendix
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