Global Water Heater Market (2019-2025) | Size, Share, Trend, Growth , Analysis, Forecast, Revnue & Outlook

Global Water Heater Market report thoroughly covers the market by its types, applications, distribution channels, and regions including North America, Europe, APAC, Middle East & Africa, Latin America, and key countries. Global Water Heater market outlook report provides an unbiased and detailed analysis of the Global Water Heater market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their strategies according to the future and current market dynamics.

Global Water Heater Market Synopsis

Global Water Heater Market is anticipated to project growth during the upcoming years on account of rising concern amongst the people about energy-efficient systems and rapid infrastructural development. Additionally, the booming tourism sector and rise in the number of hospitals have further fuelled the water heater market. Moreover, encouraging government strategies coupled with subsidies for the installation cost have led to the inclination towards the solar water heater. However, electricity shortages in several nations may act as a challenge to the growth of the water heater market.

According to 6Wresearch, the Global Water Heater Market size is expected to witness significant growth during 2019-2025. The rising requirement of water heaters in the residential sector for various purposes such as bathing, washing, and cleaning utensils is driving the Water heater market growth. Moreover, rising disposable income coupled with improvement in the standard of living is driving the demand for Water Heater. Continuous investment in the development of infrastructure of the region is propelling the Water Heater Market Share. 

Global water heater market is anticipated to witness growth in the upcoming six years on the back of exponential growth in several industrial sectors such as residential, tourism, and commercial. Moreover, rising awareness of energy optimization would be the major factor driving the demand for water heaters in the coming years owing to the installation of neon indicators that provide the status of water heating and reduce excess heat loss. Additionally, in different regions, developing countries such as India and Brazil coupled with an increase in the electrification projects for the regular availability of electricity is expected to instigate the demand for water heaters and would contribute towards a progressive growth of the Global water heater market in the upcoming years.

Market Analysis by Region

APAC is the leading region in the global water heater market owing to the growing construction in the residential sector coupled with rapid industrialization and favorable FDI policies. However, over the forecast period, the North America water heater market is anticipated to grow at a substantial rate owing to the rapid service sector growth coupled with rising demand for energy-efficient systems. Moreover, numerous government initiatives such as the “China Thirteen Year Plan for Electricity Development”, “Clean Power Plan” of the United States, and the “National Solar Mission” of India would further augment the use of renewable sources for energy-efficient systems.

Market Analysis by Application

Based on applications, the residential sector is expected to hold a prominent share over the forecast period owing to the surging construction projects in the residential sector coupled with the growing demand for solar water heater systems in the residential segment. Also, widespread applications of the water heater in the manufacturing sector, thermal power plants, and food & beverage processing industries would result in a further increase in market demand.

Key Highlights of the Report:

• Global Water Heater Market Overview
• Global Water Heater Market Outlook
• Global Water Heater Market Forecast
• Historical Data of Global Water Heater Revenues for the Period 2015-2018
• Global Water Heater Market Size and Global Water Heater Market Forecast of Revenues and Volume, Until 2025
• Historical Data of Global Water Heater Market Revenues and Volume, By Product Types, for the Period 2015-2018
• Market Size & Forecast of Global Water Heater Market Revenues and Volume, By Product Types, until 2025
• Historical Data of Global Water Heater Market Revenues and Volume, By Applications, for the Period 2015-2018
• Market Size & Forecast of Global Water Heater Market Revenues and Volume, By Applications, until 2025
• Historical Data of Global Water Heater Market Revenues and Volume, By Distribution Channels, for the Period 2015-2018
• Market Size & Forecast of Global Water Heater Market Revenues and Volume, By Distribution Channels, until 2025
• Historical Data of North America Water Heater Market Revenues and Volume, for the Period 2015-2018
• Market Size & Forecast of North America Water Heater Market Revenues and Volume, until 2025
• Historical Data of Europe Water Heater Market Revenues and Volume, for the Period 2015-2018
• Market Size & Forecast of Europe Water Heater Market Revenues and Volume, until 2025
• Historical Data of APAC Water Heater Market Revenues and Volume, for the Period 2015-2018
• Market Size & Forecast of APAC Water Heater Market Revenues and Volume, until 2025
• Historical Data of the Middle East & Africa Water Heater Market Revenues and Volume, for the Period 2015-2018
• Market Size & Forecast of the Middle East & Africa Water Heater Market Revenues and Volume, until 2025
• Historical Data of Latin America Water Heater Market Revenues and Volume, for the Period 2015-2018
• Market Size & Forecast of Latin America Water Heater Market Revenues and Volume, until 2025
• Market Drivers and Restraints
• Global Water Heater Market Trends and Industry Life Cycle
• Global Water Heater Market Share, By Regions
• Global Water Heater Market Share, By Players
• Global Water Heater Market Overview on Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations

Markets Covered

The Global Water Heater Market report provides a detailed analysis of the following market segments:

By Product Types:

• Solar
• Instant
• Electric
• Gas

By Applications:

• Commercial
• Residential
• Industrial

By Distribution Channels:

• Supermarket/Hypermarket
• Specialty Stores
• E-Commerce
• Others (Wholesalers, Distributors)

By Regions:

• North America
• Europe
• APAC
• Middle East & Africa
• Latin America

Other Key Reports Available:

• North America Water Heater Market Report
• Europe Water Heater Market Report
• APAC Water Heater Market Report
• Latin America Water Heater Market Report
• The Middle East & Africa Water Heater Market Report