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PPT-Gas Water Heater Market: Global Market Insights, Inc.


Gas Water Heater Market Size, Industry Analysis Report, Regional Outlook, Application Development Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2024 – PowerPoint PPT presentation

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Title: PPT-Gas Water Heater Market: Global Market Insights, Inc.

Gas Water Heater Market 2016 2024
Global Market Scenario of Gas Water Heater
  • Global Gas Water Heater Market size is forecast
    to grow at over 5 CAGR from 2016 to 2024.
    Growing infrastructure spending and real estate
    development on a global scale has led to high
  • increased disposable income has resulted in
    significant installed base and replacement
    demand, which is projected to fuel revenue in the
    coming years.
  • Growth in the housing industry will continue
    being the most significant driving force for
    revenue over the forecast timeframe.
  • Consumer preferences for advanced and
    sophisticated products are forecast to present an
    attractive growth opportunity for companies
    operating in the gas water heaters market. 

  • The presence of piped gas networks will bolster
    the industry over the next few years. Other
    competing technologies include solar, hybrid,
    andelectric water heater market.
  • Electric products occupy significant share on
    account of high degree of convenience, increased
    safety, and awareness regarding the benefits of
    these devices.
  • Major product segments include storage and
    tankless heaters. Storage based products offer
    higher ease of usage however, the tankless
    segment is set to witness growth in the coming
    years due to their energy efficient nature and
    environmental sustainability. 
  • Residential gas water heater market share
    dominated the global industry revenue in 2015,
    which can be attributed to the large number of
    households. Additionally, growth in the
    construction industry and demand for multiple
    devices per home will contribute to revenue.
  • Get more detail _at_ https//www.gminsights.com/indus

360 Analysis
  • Application Analysis
  • Buyers typically look into features such as brand
    presence and warranty coverage while making the
    purchase decision. Technological developments
    include the introduction of digital displays that
    not only help monitor levels but also allow
    customize operation. In the case of solar
    products, this added feature helps provide
    information on pressure readings, as well as
    collector and tank temperatures. Glass-lined
    tanks are forecast to gain prominence in the case
    of storage products, since they reduce corrosion
    and increase the life of the device.
  • Regional Analysis
  • Asia Pacific gas water heaters market share is
    poised to remain the largest regional industry
    over the forecast timeline. The region is
    characterized by high demand from countries such
    as China, Japan, and India. Furthermore,
    considerable number of industries and commercial
    settings will be responsible for estimated
    growth. Europe and U.S. gas water heater market
    is mature in nature, with demand projected to be
    steady in the coming years.  
  • Competitive Market ShareMajor players in the
    industry include Rheem, American Water Heater
    Company, Crompton Greaves, Bradford White, A.O.
    Smith, Rinnai America Corp., Siemens, Haier, etc.
    In order to gain competitive advantage, these
    companies focus on developing energy efficient
    products suited for a wide range of end-use
    areas. Other strategies include focus on branding
    for gaining a robust consumer base.


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this report _at_ https//www.gminsights.com/industry-
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