Press release
Water Heaters Market Opportunities & Strategies | Industry Analysis | Share | Size | Revenue | Key Players | Forecast 2031 - A. O. Smith Corporation, Rinnai Corporation, Vaillant Group
Water Heaters Market Opportunities And Strategies
According to The Business Research Company's water heaters market report, the global water heaters market size reached a value of nearly $29,474.4 million in 2021, having increased at a compound annual growth rate (CAGR) of 7.8% since 2016. The market is expected to grow from $$29,474.4 million in 2021 to $46,953.6 million in 2026 at a rate of 9.8%. The market is then expected to grow at a CAGR of 7.5% from 2026 and reach $67,513.8 million in 2031.
Increasing adoption of instant heating technologies on account of the key advantages offered, including limited standby losses and high supply output, in comparison with conventional storage units, will help the market to grow in future. Rising demand across commercial applications on account of advanced monitoring features comprising the saving of time, water, energy, among others will positively enhance the global water heater market size.
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The water heaters market is segmented -
• By Product Type: Solar Heaters, Electric Heaters, Gas And Propane Heaters, Geothermal Heaters
• By End-User: Residential, Commercial, Industrial
• By Distribution Channel: Supermarket/Hypermarket, Specialty Stores, E-Commerce
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia Pacificwas the largest region in the global water heaters market.
Major competitors in the water heaters market include A. O. Smith Corporation, Rinnai Corporation, Vaillant Group, Ariston Thermo Group, Rheem Manufacturing Company
See The Full Water Heaters Market Report Here:
https://www.thebusinessresearchcompany.com/report/water-heaters-market
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. Uses of hot water include cooking, cleaning, bathing, and space heating.
The Table Of Content For The Water Heaters Market Include:
1. Water Heaters Market Executive Summary
2. Table Of Contents
3. List Of Figures
4. List Of Tables
5. Report Structure
6. Introduction
7. Water Heaters Market Characteristics
……
20. Global Water Heaters Market Competitive Landscape
21. Key Mergers And Acquisitions In The Water Heaters Market
22. Water Heaters Market Opportunities And Strategies
23. Water Heaters Market, Conclusions And Recommendations
24. Appendix
The Business Research Company's "Global Water Heaters Opportunities And Strategies Market Report - Forecast To 2030" is the most comprehensive report available in market, providing data and statistics from over 60 geographies analyzed in more than 2500 market segments. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. Additionally, it evaluates the market's historic and projected growth and identifies significant trends and strategies that can be used to outperform the competitors in the sector.
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