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Italy Water Heater Market Will Generate Record Revenue by 2025

06-03-2022 10:56 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Italy water heater market is anticipated to grow at a CAGR 6.1% during the forecast period. Italy records a substantial amount of manufacturing, and industrial production. Therefore, energy requirement is quite high in Italy. Cooling and heating application require ample amount of electricity in the market due to environment conditions. Therefore, with growing demand for energy, Italy is emerging as a key region for the adoption of renewable energy sources. Italy recorded electricity demand of 26 billion kWh in May 2018 with an increase of 1.3% as compared to May 2017.

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According to the Heat Roadmap Europe, Italy contributes a share of 11% in energy consumption for heating purpose, while Germany is leading with 22% electricity consumption for heating. In Italy, residential sector generates heat demand for space heating, sanitary application, and others while commercial sector requires heating for inventory, super markets, shopping malls, and others. In the industrial sector, automotive production, manufacturing industry, energy generation facilities and others contribute to the heat demand. Demand for heat pumps for water heating is expected to increase due to growing application of water heating equipment in commercial and industrial sector.

Italy Water Heater Market Segmentation

By Energy Source

· Gas

· Electricity Water Heaters

· Hybrid Water Heaters

· Solar Water Heaters

By Mode of Water Supply

· On-Demand or Tankless Water Heaters

· Storage Or Tank Water Heaters

By End-User

· Residential

· Commercial

· Industrial

A full Report of Italy Water Heater Market is Available @ https://www.omrglobal.com/industry-reports/italy-water-heater-market

Company Profiles

· A.O. Smith Corp.

· APES SRL

· Ariston Thermo SPA

· Bandini Scaldabagni SPA

· BAXI S.P.A.

· FENZI S.R.L.

· HEIZER GAS S.R.L.

· Robert Bosch GmbH

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Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

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