Title: PPT for Gas Water Heater Market Research Report, 2017 - 2024
1Gas Water Heater Market Share, Regional Outlook
Forecast 2017 - 2024
Gas Water Heater Market Size By Product (Storage,
Tankless), By Application (Residential,
Commercial College/Universities, Office,
Government/Military, Industrial), Industry
Analysis Report, Regional Outlook, Price Trends,
Competitive Market Share Forecast, 2017 2024
2 Global Market Scenario of Gas Water Heater
- Gas Water Heater Market size will exceed USD 9
billion by 2024, as reported in the latest study
by Global Market Insights, Inc. - Stringent government norms toward integration of
energy efficient products coupled with growing
demand for refurbishment of existing heating
pipelines and systems will drive the gas water
heater market size. - Regulatory reforms pertaining to enhanced product
efficiencies along with increasing consumer
awareness towards emission control will further
enhance the industry outlook. - In 2017, Government of Canada enacted the federal
Energy Efficiency Regulations 2016 to amend the
existing mandates.
3Europe Gas Water Heater Market, By Application,
20162024 (Million Units)
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4Products Insights
- Residential gas water heater market in 2016, was
valued over 25 million units. Ongoing residential
establishments across developing countries
favoured by rising infrastructural investments
will stimulate the product demand. - Advancing real estate sector coupled with growing
demand for refitting of existing infrastructure
will foster the product penetration. Rapid
technological advancements along with increasing
measures to reduce product standby losses will
further thrust the industry growth.
5 Regional and Competitive Insights
- Growing demand for refurbishment of the
conventional systems along with increasing demand
for low emission heating units will foster the
U.S. gas water heater market. Increasing
investments towards development of customized
products favoured by integration of smart
temperature control devices will positively
influence the business outlook. - Germany gas water heater market share is
predicted to witness gain over 1 by 2024.
Growing environmental constraints coupled with
increasing adoption of advanced heating
technologies will foster the business landscape.
Favorable government initiatives along with
growing consumer awareness toward ecological
balance will further stimulate the product
demand. - Notable players in Gas Water Heater Market
include Rinnai, A.O. Smith, Rheem, Bradford
White, American Water Heaters, State Water
Heaters, Kenmore, US Craft Master, Reliance Water
Heaters, Whirlpool, Noritz, Lochinvar, Racold,
Ferroli, and V-guard.
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