Title: Electric Water Heater Market to hit USD 19 billion by 2024
1Electric Water Heater Market to expand 100
million units by 2024 Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
2Key Insights from Electric Water Heater Market
- Electric Water Heater Market was valued over USD
16 billion in 2017 and Electric Water Heater
Market is set to exceed USD 19 billion by 2024
as reported in the latest study by Global Market
Insights, Inc. - Increasing investments toward the development of
existing infrastructure coupled with ongoing
economic transformation will drive the electric
water heater market. - Government initiatives toward the adoption of
energy efficient heating systems along with
shifting trends toward hospitality and tourism
sector will complement the business outlook. For
instance, the world bank group in 2016 had
approved the funding of USD 50 million as a part
of International Development Association Credit
for Benins tourism sector development.
3Continued...
- The U.S. electric water heater market is set to
surpass USD 1 billion by 2024. Ongoing regulatory
measures toward the installation of efficient
heating appliances along with surging growth
across service sector will positively influence
the business outlook. Refurbishment and
upgradation of existing systems along with
extreme climatic conditions will stimulate the
product demand. - High end technological advancement along with the
growing availability of reliable power supply
primarily across the developing regions will
foster the electric water heater market.
Increasing expansion of residential and
commercial establishments coupled with the rising
concerns toward cost reduction will positively
enhance the business outlook. In addition,
features including anti corrosion, easy
installation and filtration will further
complement the business landscape. - Growing demand for hot water across hotels and
others commercial applications will foster the
instant water heater market growth. Low energy
consumption, greater efficiency than the
conventional models and compact design are the
key factors that will positively enhance the
industry outlook.
4Europe Electric Water Heater Market Size, By
Capacity, 2017 2024 (USD Million)
5 Browse Full Market Research Report On Electric
Water Heater Market _at_ https//bit.ly/2zTlpW7
Request for a Sample of this Research Report _at_
https//bit.ly/2jxL61y
6Industry Coverage
Electric Water Heater Industry Background
7Companies
- Key players across the electric water heater
market includes Rinnai Corporation, Groupe
Atlantic, Bradford White, A.O Smith, Bosch
Thermotechnology, Zenith, Saudi Ceramics, Nihon
Itomic, Haier, Jaquar, Hubbell, Ariston Thermo,
Kanch Water Heaters, Whirlpool, Vaillant and
Viessmann.
8Table OF Content
Chapter Electric Water Heater Market Industry
Insights 3.1 Industry segmentation 3.2
Industry landscape, 2013 2024 3.3 Industry
ecosystem analysis 3.4 Innovation
sustainability 3.5 Regulatory landscape 3.6
Customer requirement 3.7 Entry barriers 3.8
Price trend analysis, by energy source 3.9
Consumed cost of energy (CCE) and NPV
analysis 3.10 Industry impact forces 3.11
Growth potential analysis 3.12 Porters
analysis 3.13 Competitive landscape, 2017 3.14
PESTEL analysis
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