Market Forecast By Product (Storage Water Heaters (Up to 30 Litres, 30.1 to 100 Litres, 100.1 to 250 Litres, 250.1 to 400 Litres, Above 400 Litres), Non-Storage Water Heaters), By Applications (Residential, Commercial, Industrial) and competitive landscape
Product Code: ETC003675 | Publication Date: Aug 2020 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
Bahrain electric water heater market is anticipated to witness significant growth in the upcoming six years backed by an increase in the discretionary spending of the households towards procurement of premium homeware products along with demand for innovative household products and is expected to pioneer the substantial demand projections for electric water heater in the country in the coming timeframe. Further, the low energy consumption and effective provision of use benefits of electric water heaters are expected to benefit the electric water heaters register increased adoption in the country in the coming years and simultaneously, would further leave a positive impact on the growth of the Bahrain electric water heater market in the foreseeable future.
According to 6Wresearch, the Bahrain Electric Water Heater Market size is projected to grow throughout the forecast period 2020-26F. The rising spread of the COVID-19 virus has disturbed the overall production of the electric water heaters backed by the nationwide lockdown imposed to contain the effect of the spread of the pandemic which has led to a significant disturbance in the sales of electric water heaters in the country and has contributed towards the slow growth of the market. However, increased residential use of water coupled with an increased need for bathing and hygienic activities to combat the effect of COVID-19 spread has led to an increased demand for hot water, which in turn instigated prospectus demand for electric water heaters and simultaneously benefit the growth of the Bahrain electric water heater market.
The residential domain of the overall Bahrain electric water heater market is expected to register the highest growth in the coming years backed by the increased architectural innovations in the residential domain along with an increase in the construction of residential units at a faster pace which is expected to propel the demand for basic amenities and drive the growth of Bahrain electric water heater market in the upcoming six years. Additionally, the introduction of newer technologies with advanced features in electric water heaters which tend to consume less electricity and provide more efficiency is expected to complement the market landscape for Bahrain electric water heaters market in the foreseeable future.
The Bahrain electric water heater market report comprehensively covers the Bahrain electric water heater market by product, capacity and applications. Bahrain electric water heater market report provides an unbiased and detailed analysis of the Bahrain electric water heater market trends, Bahrain electric water heater market share, opportunities/high growth areas, market drivers which would help the stakeholders to device and align their market strategies according to the current and future market dynamics.
Bahrain electric water heater market is anticipated to witness impressive growth in the forthcoming years on the back of the rising potential growth of residential and commercial sectors. On the other side, Bahrain is an import-based market for electric water heaters and is estimated to proliferate water heater use with the emerging industrial landscape. Additionally, the Food and Beverage industry is estimated to increase revenue index in the market owing to rising local and foreign business tourist has broadened product base with evolving development of restaurants, where electric water heaters are expected to instigate, to perform pasteurization process to prepare milk-based food and cleaning process and is estimated to bolster the growth of the Bahrain electric water heater market in the impending period.
Key Highlights:
Markets Covered:
1. Executive Summary |
2. Introduction |
2.1. Key Highlights of the Report |
2.2. Report Description |
2.3. Market Scope & Segmentation |
2.4. Research Methodology |
2.5. Assumptions |
3. Bahrain Electric Water Heater Market Overview |
3.1. Bahrain Electric Water Heater Market Revenues & Volume, 2017-2026F |
3.2. Bahrain Electric Water Heater Market Revenue & Volume Share, By Product, 2019 & 2026F |
3.3. Bahrain Electric Water Heater Market Revenue & Volume Share, By Capacity, 2019 & 2026F |
3.4. Bahrain Electric Water Heater Market Revenue Share, By Applications, 2019 & 2026F |
3.5. Bahrain Electric Water Heater Market – Industry Life Cycle |
3.6. Bahrain Electric Water Heater Market – Porter’s Five Forces |
4. Bahrain Electric Water Heater Market Dynamics |
4.1. Impact Analysis |
4.2. Market Drivers |
4.3. Market Restraints |
5. Bahrain Electric Water Heater Market Trends |
6. Bahrain Electric Water Heater Market Overview, By Product |
6.1. Bahrain Storage Electric Water Heater Market Revenues and Volume, 2017-2026F |
6.2. Bahrain Non-Storage Electric Water Heater Market Revenues and Volume, By 2017-2026F |
7. Bahrain Electric Water Heater Market Overview, By Capacity |
7.1. Bahrain Upto 30 Litres Electric Water Heater Market Revenues and Volume, 2017-2026F |
7.2. Bahrain 30.1 to 100 Litres Electric Water Heater Market Revenues and Volume, 2017-2026F |
7.3. Bahrain 100.1 to 250 Litres Electric Water Heater Market Revenues and Volume, 2017-2026F |
7.4. Bahrain 250.1 to 400 Litres Electric Water Heater Market Revenues and Volume, 2017-2026F |
7.5. Bahrain Above 400 Litres Electric Water Heater Market Revenues and Volume, 2017-2026F |
8. Bahrain Electric Water Heater Market Overview, By Applications |
8.1. Bahrain Residential Electric Water Heater Market Revenues, 2017-2026F |
8.2. Bahrain Commercial Electric Water Heater Market Revenues, 2017-2026F |
8.3. Bahrain Industrial Electric Water Heater Market Revenues, 2017-2026F |
9. Bahrain Electric Water Heater Market Key Performance Indicators |
10. Bahrain Electric Water Heater Market Opportunity Assessment |
10.1. Bahrain Electric Water Heater Market Opportunity Assessment, By Product |
10.2. Bahrain Electric Water Heater Market Opportunity Assessment, By Capacity |
10.2. Bahrain Electric Water Heater Market Opportunity Assessment, By Applications |
11. Bahrain Electric Water Heater Market Competitive Landscape |
11.1. Bahrain Electric Water Heater Market Revenue Share, By Company (2019) |
11.2. Bahrain Electric Water Heater Market Competitive Benchmarking, By Technical Parameters |
12. Company Profiles |
13. Key Strategic Recommendations |
14. Disclaimer |