Iraq Electric Water Heater Market (2020-2026) | Companies, Trends, Growth, Analysis, Share, Size, Revenue, Outlook, Value, COVID-19 IMPACT, Forecast & Industry

Iraq electric water heater market is anticipated to garner potential growth revenues in the foreseeable future on the back of rising discretionary spending by the households in times of cold weather and backed by the increased hygiene concerns. Further, in the residential domain, the deployment of the product has seen a spur since the Iraq federation has discontinued the supply of centralized hot ware to the households in the cold months. Due to a stoppage in the centrally supplied hot water, the adoption of the personal electric water heater in the Iraq cities and is expected to leave a positive impact on the market landscape of Iraq electric water heater market in the foreseeable future.

According to 6Wresearch, Iraq Electric Water Heater Market size is projected to grow throughout the forecast period 2020-26F. The rising spread of 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 Iraq electric water heater market.

Based on the end-users, the residential domain of the overall Iraq electric water heater market is anticipated to dominate the overall market revenues in the coming timeframe on the back of changing architectural designs of residential buildings along with rapid urbanization in the country which is leading to an increase for premium homeware products. Further, the up to 250 litres segment of the electric water heaters is expected to register the highest revenues owing to an increased deployment of centralized water heating system in the country which is leading to an increased need for the up to 250 litres capacity electric water heaters which tend to meet the average daily demand of the households.

The Iraq electric water heater market report comprehensively covers the Iraq electric water heater market by product, capacity and applications. Iraq electric water heater market report provides an unbiased and detailed analysis of the Iraq electric water heater market trends, Iraq 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.

Key Highlights:         

• Iraq Electric water heater Market Overview
• Iraq Electric Water Heater Market Outlook
• Iraq Electric Water Heater Market Forecast
• Iraq Electric Water Heater Market Size
• Historical Data of Iraq Electric Water Heater Market Revenues and Volume for the period, 2017-2019

• Iraq Electric Water Heater Market Forecast of Revenues and Volume, Until 2026

• Historical Data of Iraq Electric Water Heater Market Revenues and Volume for the period, By Product, 2017-2019
• Forecast of Iraq Electric Water Heater Market Revenues and Volume, By Product, Until 2026
• Historical Data of Iraq Electric Water Heater Market Revenues and Volume for the period, By Capacity, 2017-2019
• Forecast of Iraq Electric Water Heater Market Revenues and Volume, By Capacity, Until 2026
• Historical Data of Iraq Electric Water Heater Market Revenues for the period, By Applications, 2017-2019
• Forecast of Iraq Electric Water Heater Market Revenues, By Applications, Until 2026
• Iraq Electric Water Heater Market Outlook on Drivers and Restraints
• Iraq Electric Water Heater Market Trends
• Iraq Electric Water Heater Industry Life Cycle
• Porter’s Five Force Analysis
• Iraq Electric Water Heater Market Opportunity Assessment
• Iraq Electric Water Heater Market Share, By Company
• Iraq Electric Water Heater Market Overview on Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations

Markets Covered:

• By Product:
• Storage Water Heaters
• Up to 30 Litres
• 1 to 100 Litres
• 1 to 250 Litres
• 1 to 400 Litres
• Above 400 Litres
• Non-Storage Water Heaters
  
  
• By Applications:
• Residential
• Commercial
• Industrial