Industrial, Manufacturing & Heavy Industry Market News

Electric Water Heater market opportunities estimated to grow at a significant rate throughout the forecast period

Industrial Market Research

Market Research Report on “Electric Water Heater Market Outlook to 2025”. The report is spread across 150 Pages and Supported by 10 Company Leaders to Focus on Size, Trends, Share, Technology, Status and Opportunities.

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Water heater is a device which uses heat transfer method to heat water above its initial temperature using an energy source. Electric water heaters basically heat and retain an amount of water in an insulated cylinder which is ready for use.

Typically these water heaters are used in household tasks like cleaning, bathing, cooking and others.

The "Global Electric Water Heater Market Analysis to 2025" is a specialized and in-depth study of the electric water heater industry with a focus on the global market trend.

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New report examines the  Competition Status, Emerging Trends, Growth Factors, Value Chain, and Key Players

The report aims to provide an overview of global electric water heater market with detailed market segmentation by product, capacity, application, and geography. The global electric water heater market is expected to witness high growth during the forecast period.

The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.

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Rising demand in wide domestic applications, increase in demand from healthcare and hospitality sectors, growing old equipment replacement and infrastructure spending in different applications due to disposable income are the key factors that are driving the growth of electric water heater market. In addition, growing government initiatives to enhance rural infrastructure is a new opportunity for the market growth.

Whereas, existence of alternative sources along with increasing preference towards solar water heaters may hinder the growth of the market.

This report covers following regions:
• North America
• Asia & Pacific
• South America
• Europe
• MEA (Middle East and Africa)

The key countries in each region are taken into consideration as well, such as United States, China, Japan, India, Korea, ASEAN, Germany, France, UK, Italy, Spain, CIS, and Brazil etc.

Also, key electric water heater market players influencing the market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years.

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Some of the key players influencing the market are General Electric Co, Siemens AG, AO Smith Corporation, Rheem Manufacturing Co., Bajaj Electricals Ltd., Haier Water Heater Co. Ltd., Midea Group, Ariston Thermo SPA., Bradford White Corp., and Rinnai Corp among others.

Reason to Access

- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Electric Water Heater Market
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the Electric Water Heater Market, thereby allowing players to develop effective long term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals

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