An Overview Of Global Tankless Water Heater Market

1
AN OVERVIEW OF GLOBAL TANKLESS WATER HEATER
MARKET 2016-2021
2
Market Outlook Of Tankless Water Heater

• Global tankless water heater market is expected
  to expand at a CAGR of 4.9 between 2016-2021
  according to a report by Persistence Market
  Research. Technological advancements and the
  constant change in consumer preferences
  revolutionized the design of home appliances.
  Consumers are trying to go green with better
  energy-efficient and eco-friendly products.
  Modern tankless water heaters are more efficient
  and convenient to use and so consumers are trying
  to switch to tankless water heaters. New
  residential constructions and home improvement
  projects acts as a major driver for the water
  heater market as it resulted in greater
  investments on water heater.

3
(No Transcript)
4
Key Findings In The Global Tankless Water Heater
Market

• In 2016, revenue generation from sale of tankless
  water heaters is estimated at US16.9 Bn.
• Highly efficient water heaters with better
  longevity and compact size are the major factors
  driving the global market.
• Tankless water heaters are receiving government
  support through campaigning, subsidies and
  rebates as they continue to become an effective
  alternative.
• Applications of tankless water heaters can be
  found both indoor, outdoor, commercial and
  residential areas.
• The global market is dominated by Europe with the
  highest share and is projected to increase at a
  CAGR of 3.8
• North America will grow as the fastest and Asia
  Pacific to follow up during the forecast period.

5
Product Segmentation Of The Tankless Water Heater
Market

• 1. Electric Tankless Water Heaters
• 2. Gas Tankless Water Heaters
• Electric tankless water heaters which dominated
  the market during 2015 is expected to grow at a
  CAGR of 10 during the forecast period. Cost of
  electric tankless water heaters are lower
  compared to gas and they do not require separate
  gas lines and venting requirements. Maintenance
  cost is also much less and so it is preferred
  over gas tankless water heaters. China is the
  major user of gas tankless water heater while
  India dominated the electric tankless water
  heater market.

6
Geographical Segmentation Of The Tankless Water
Heater Market

• Americas
• APAC
• EMEA
• Major water heater market share is dominated by
  APAC with a 8 CAGR growth rate during the
  forecast period. China, India, Japan, Australia
  and New Zealand are among the major countries.
  According to Technavios report North America is
  expected to have a 3 CAGR growth rate in the
  water heater market by 2020. The EMEA market
  consists of a good number of consumers,
  manufacturers and exporters of tankless water
  heaters and is experiencing major growth.
  Electric tankless water heaters have better sales
  compared to gas tankless water heaters in EMEA
  countries.

7
Leading Companies Operating In Global Tankless
Water Heaters

• Local and regional vendors operating out of North
  America, Europe and APAC are dominating the
  global tankless water heater market. Some of the
  key players in this field includes
• A.O. Smith Corporation
• Bosch
• Bradford White Corporation
• Noritz Corporation
• Rheem Manufacturing Company
• Rinnai
• With the global market becoming more and more
  stronger it will eventually reduce the number of
  low quality vendors over the years.

8
Contact Us

• PowerPoint Presentation prepared by Water Heater
  Man
• Call 405-844-8265
• Visit our Website
• www.waterheatermanokc.com
• Location 1709 S. Fretz, Suite 130Edmond, OK
  73013