Electric Water Heater Market to hit USD 19 billion by 2024 - PowerPoint PPT Presentation

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Electric Water Heater Market to hit USD 19 billion by 2024


Request Sample of Report @ Escalating demand for hot water owing to growing service sector along with rapid development of commercial establishments will boost the Asia Pacific water heater market growth. Growing investments by private sector companies on account of flexible FDI policies offers commendable opportunities for foreign investors. In addition, availability of low-cost labor and mass production capabilities will further complement the business landscape. – PowerPoint PPT presentation

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Title: Electric Water Heater Market to hit USD 19 billion by 2024

Electric Water Heater Market to expand 100
million units by 2024 Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
Key Insights from Electric Water Heater Market
  • Electric Water Heater Market was valued over USD
    16 billion in 2017 and Electric Water Heater
    Market is set to exceed USD 19 billion by 2024
    as reported in the latest study by Global Market
    Insights, Inc.
  • Increasing investments toward the development of
    existing infrastructure coupled with ongoing
    economic transformation will drive the electric
    water heater market.
  • Government initiatives toward the adoption of
    energy efficient heating systems along with
    shifting trends toward hospitality and tourism
    sector will complement the business outlook. For
    instance, the world bank group in 2016 had
    approved the funding of USD 50 million as a part
    of International Development Association Credit
    for Benins tourism sector development.

  • The U.S. electric water heater market is set to
    surpass USD 1 billion by 2024. Ongoing regulatory
    measures toward the installation of efficient
    heating appliances along with surging growth
    across service sector will positively influence
    the business outlook. Refurbishment and
    upgradation of existing systems along with
    extreme climatic conditions will stimulate the
    product demand.
  • High end technological advancement along with the
    growing availability of reliable power supply
    primarily across the developing regions will
    foster the electric water heater market.
    Increasing expansion of residential and
    commercial establishments coupled with the rising
    concerns toward cost reduction will positively
    enhance the business outlook. In addition,
    features including anti corrosion, easy
    installation and filtration will further
    complement the business landscape.
  • Growing demand for hot water across hotels and
    others commercial applications will foster the
    instant water heater market growth. Low energy
    consumption, greater efficiency than the
    conventional models and compact design are the
    key factors that will positively enhance the
    industry outlook.

Europe Electric Water Heater Market Size, By
Capacity, 2017 2024 (USD Million)


Browse Full Market Research Report On Electric
Water Heater Market _at_ https//bit.ly/2zTlpW7
Request for a Sample of this Research Report _at_
Industry Coverage
Electric Water Heater Industry Background

  • Key players across the electric water heater
    market includes Rinnai Corporation, Groupe
    Atlantic, Bradford White, A.O Smith, Bosch
    Thermotechnology, Zenith, Saudi Ceramics, Nihon
    Itomic, Haier, Jaquar, Hubbell, Ariston Thermo,
    Kanch Water Heaters, Whirlpool, Vaillant and

Table OF Content
Chapter Electric Water Heater Market Industry
Insights 3.1 Industry segmentation 3.2
Industry landscape, 2013 2024 3.3 Industry
ecosystem analysis 3.4 Innovation
sustainability 3.5 Regulatory landscape 3.6
Customer requirement 3.7 Entry barriers 3.8
Price trend analysis, by energy source 3.9
Consumed cost of energy (CCE) and NPV
analysis 3.10 Industry impact forces 3.11
Growth potential analysis 3.12 Porters
analysis 3.13 Competitive landscape, 2017 3.14
PESTEL analysis
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