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Water Heaters Industry Status, Opportunity Assessment, Strong Growth, Competitive Strategy, Emerging Demand And Trend Analysis | Heat Transfer Products Inc, Bradford White Corp
Water Heaters Market
The regions covered in the water heaters market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. Among these regions, Asia Pacific accounts for the largest water heaters market share.
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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.
Key competitors in the water heaters market are Siemens AG, Bajaj Electricals Ltd, Bradford White, Rinnai, HTP, Bradford White, Rheem Manufacturing Co, Heat Transfer Products Inc, and Bradford White Corp.
The global water heaters market size is expected to grow from $29.47 billion in 2021 to $34.34 billion in 2022 at a compound annual growth rate (CAGR) of 16.5%.The growth in the market 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 water heater market is expected to reach $53.58 billion in 2026 at a CAGR of 11.8%.
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TBRC's report segments the global water heaters market:
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
Read Further On The Water Heaters Market Here:
https://www.thebusinessresearchcompany.com/report/water-heaters-global-market-report
The Table Of Contents Includes:
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
.....
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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