New Research Report Explore Tankless Water Heater Market: Condensing Technology Based Tankless Water Heaters to Dominate the Unit Sales till 2024

Market Research report examines the Global Tankless Water Heater Market for the forecast period 2016–2024. The primary objective of the report is to identify opportunities in the market and present updates and insights pertaining to various segments of the global tankless water heater market.

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Tankless water heaters, also called inline, flash, instantaneous, continuous flow, on-demand, or instant-on water heater are used to heat water on demand and instantly. The source of energy for tankless water heater can be electric or gas. Tankless water heater is categorised on the basis of technology into condensing and non-condensing. Tankless water heaters can be installed for residential as well as commercial use at indoor or outdoor locations depending on the consumer’s requirement. These heaters are available in various forms depending upon the energy factors.

To understand and assess opportunities in this market, the report is categorically divided into six key sections namely on the basis of technology, energy source, energy factor, location, end-user and region. The report analyses the global tankless water heater market in terms of value (US$ Mn) and volume (‘000 Units).

The report begins with an overview of the global tankless water heater market, evaluating market performance in terms of revenue and volume, followed by PMR’s analysis of key trends, drivers, and restraints witnessed in the global market. Impact analysis of key growth drivers and restraints based on the weighted average model is also included in the report to equip clients with crystal-clear, decision-making insights.

Technologies assessed in the report are:

Condensing
Non-condensing
Energy Sources assessed in the report are:

Electric
Gas
Energy Factors assessed in the report are:

0 to 0.79 EF
80 to 0.89 EF
90 EF and Above
Locations assessed in the report are: 

Indoor
Outdoor
End users assessed in the report are: 

Residential
Commercial
The report further analyses the market based on technology and presents the forecast in terms of value and volume for the following eight years. The next section of the report analyses the global tankless water market on the basis of energy source and presents the forecast for the following eight years. The report further analyses the market on the basis of energy factors and presents the forecast in terms of value and volume. The report also analyses the market on the basis of location in the following section and presents the forecast for the following eight years. The following section includes analysis of the global tankless water heater market on the basis of end users and forecast in terms of value and volume. The report further analyzes the market on the basis of region and presents the forecast for the same.

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Regions assessed in the report are:

North America
Europe
Asia Pacific
The Middle East & Africa
Latin America
To deduce the market size, in-depth secondary research is carried out.  Data points such as regional splits and market split by technology, energy source, energy factor, location, end user as well as qualitative inputs from primary respondents have been assimilated to arrive at appropriate market estimates. The report comprises the forecast of the global revenue generated by the sales of tankless water heater.

PMR triangulates the data via a different analysis based on the supply side, demand side as well as dynamics of tankless water heater market.

PMR provides forecasts in terms of value and also evaluates the market on the basis of essential parameters, such as Year-on-Year (Y-o-Y) growth. This helps providers understand future opportunities as well trends in the market.

Another vital feature of this report is the analysis of the tankless water heater market by region, technology, energy source, energy factors, locations and end users, along with corresponding revenue forecast in terms of absolute dollar opportunity. This is usually overlooked while forecasting the market. However, absolute dollar opportunity is critical in assessing the level of opportunity that a provider can look to achieve as well as to identify potential resources from a sales perspective of the global tankless water heater market. 

To understand key segments in terms of their growth and performance in the tankless water heater market, Persistence Market Research has developed a market attractiveness index. The resulting index should help providers identify existing market opportunities in the global tankless water heater market.

In the final section of the report, tankless water heater market competitive landscape is included to provide a dashboard view of companies that manufacture and supply tankless water heater. The report contains company profiles of some of the key players in the global tankless water heater market.

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This release was published on openPR.