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

Lebanon electric water heater market is anticipated to witness significant growth in the upcoming six years on the back of an increase in the infrastructural advancements in the country backed by the rising growth of the residential and the hospitality sector which are anticipated to be the catalysts that are expected to pioneer the substantial demand projections for electric water heater in the country in the coming timeframe. Further, an increase in the innovation and modifications of electric water heaters which tend to provide water in different parts of the home and provide ease of use and needful water supply is 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 Lebanon electric water heater market in the foreseeable future.

According to 6WResearch, the Lebanon 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 Lebanon electric water heater market.

The residential sector acquired the majority of revenue share in 2019 on account of rising demand for water heaters among the household families on the account of increasing disposable income and improving the standard of living in the country. The increasing involvement of private property developers would propel the construction market, particularly in the residential domain, as the government is not able to meet the housing demands.

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

Lebanon electric water heater market is anticipated to register sound revenues in the upcoming six years backed by the rising potential growth of the hospitality sector. With increased tourist influx in the country has led to support the growth of the hotels is expected to generate lucrative opportunities for the product demand in the country. Further, the rising construction of homes is estimated to support the growth of the electric water heater installation and would benefit the growth of the Lebanon electric water heater market in the forthcoming years.

The Key market layers are A.O Smith Corporation, Rheem Manufacturing Company, Ariston Thermo SpA, Saudi Ceramics Company, Haier Smart Home Co. Ltd.

Key Highlights:         

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