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: ETC003683 | Publication Date: Aug 2020 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
Tanzania 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 Tanzania electric water heater market in the foreseeable future.
According to 6Wresearch, the Tanzania 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 Tanzania electric water heater market.
The up to 100 litres domain segment of the electric water heaters is anticipated to register the highest growth rate in the coming years on the back of the rising deployment of the electric water heaters in the residential domain owing to rising hygiene and health concerns. Also, with the maximum water consumption up to 70-90 litres per day, the demand for up to 100 litres of electric water heaters is expected to be witnessed at a strong pace and is anticipated to benefit the potential growth of the Tanzania electric water heater market in the upcoming six years.
The Tanzania electric water heater market report comprehensively covers the Tanzania electric water heater market by product, capacity and applications. Tanzania electric water heater market report provides an unbiased and detailed analysis of the Tanzania electric water heater market trends, Tanzania 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.
Tanzania electric water heater market is projected to secure tremendous growth in the foreseeable future on the back of the rising explosive growth of the agriculture sector at a starry rate. Further, Evolving agriculture staple food production and export practices, The top categories are maize, cassava, bananas, and coffee coupled with 68% of Tanzania has been occupied in agricultural activities. Therefore, electric water heaters are estimated to instigate to perform agricultural essential activities like lives stocking holding, pasteurization, and crop drying process and would benefit the growth of the Tanzania electric water heaters market in the coming timeframe.
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. Tanzania Electric Water Heater Market Overview |
3.1. Tanzania Electric Water Heater Market Revenues & Volume, 2017-2026F |
3.2. Tanzania Electric Water Heater Market Revenue & Volume Share, By Product, 2019 & 2026F |
3.3. Tanzania Electric Water Heater Market Revenue & Volume Share, By Capacity, 2019 & 2026F |
3.4. Tanzania Electric Water Heater Market Revenue Share, By Applications, 2019 & 2026F |
3.5. Tanzania Electric Water Heater Market – Industry Life Cycle |
3.6. Tanzania Electric Water Heater Market – Porter’s Five Forces |
4. Tanzania Electric Water Heater Market Dynamics |
4.1. Impact Analysis |
4.2. Market Drivers |
4.3. Market Restraints |
5. Tanzania Electric Water Heater Market Trends |
6. Tanzania Electric Water Heater Market Overview, By Product |
6.1. Tanzania Storage Electric Water Heater Market Revenues and Volume, 2017-2026F |
6.2. Tanzania Non-Storage Electric Water Heater Market Revenues and Volume, By 2017-2026F |
7. Tanzania Electric Water Heater Market Overview, By Capacity |
7.1. Tanzania Upto 30 Litres Electric Water Heater Market Revenues and Volume, 2017-2026F |
7.2. Tanzania 30.1 to 100 Litres Electric Water Heater Market Revenues and Volume, 2017-2026F |
7.3. Tanzania 100.1 to 250 Litres Electric Water Heater Market Revenues and Volume, 2017-2026F |
7.4. Tanzania 250.1 to 400 Litres Electric Water Heater Market Revenues and Volume, 2017-2026F |
7.5. Tanzania Above 400 Litres Electric Water Heater Market Revenues and Volume, 2017-2026F |
8. Tanzania Electric Water Heater Market Overview, By Applications |
8.1. Tanzania Residential Electric Water Heater Market Revenues, 2017-2026F |
8.2. Tanzania Commercial Electric Water Heater Market Revenues, 2017-2026F |
8.3. Tanzania Industrial Electric Water Heater Market Revenues, 2017-2026F |
9. Tanzania Electric Water Heater Market Key Performance Indicators |
10. Tanzania Electric Water Heater Market Opportunity Assessment |
10.1. Tanzania Electric Water Heater Market Opportunity Assessment, By Product |
10.2. Tanzania Electric Water Heater Market Opportunity Assessment, By Capacity |
10.2. Tanzania Electric Water Heater Market Opportunity Assessment, By Applications |
11. Tanzania Electric Water Heater Market Competitive Landscape |
11.1. Tanzania Electric Water Heater Market Revenue Share, By Company (2019) |
11.2. Tanzania Electric Water Heater Market Competitive Benchmarking, By Technical Parameters |
12. Company Profiles |
13. Key Strategic Recommendations |
14. Disclaimer |