Market Reports on Indian Water Heater Market Overview 2015

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Market Reports On India
By http//www.marketreportsonindia.com/
Ma
rket Reports on Indian Water Heater Market
Overview 2015


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Summary
India has rich traditions and history in holistic
strategies for buildings and construction.
Electricity use in both residential and
commercial sectors is primarily for lighting, air
conditioning, refrigeration, appliances and water
heating. The urban sector depends heavily on
commercial fuels for its energy needs. Water
heating in India varies by region and dwelling.
In the urban areas it is common to have a water
heater. In rural areas, hot water is generated by
the use of open fires or an electrified hand-held
stick that heats water in a bucket. This report
is about the market size of the water heater
market in India and how because of the increasing
purchasing power of the consumers, water heaters
pose as a necessity than a luxury. This report
reveals how government is focusing on promoting
the solar segment of the water heater market. The
report also reveals the trend in this industry is
shifting to solar water heater as people are
becoming aware of the cost saving features of the
renewables and the long time sustainability than
the electric ones.


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Email Id info_at_marketreportsonindia.com
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The Water heater market in India was estimated to
have a market of more than INR 1500 crore in
2014. Better government subsidies - for solar
heating, along with better infrastructure and
pipe water facilities in rural India, would drive
the penetration of water heaters greatly.
Electricity shortages and frequent outages are
major constraints in the use of solar heaters,
causing higher penetration of electric water
heaters, especially in Tier 2 and 3 towns. Some
of the major players in the water heater market
are Racold, Bajaj, V-Guard, Venus and A.O Smith.
The strong foothold of the organized sector in
the market, the increasing use of hot water in
all the residential purposes and the commercial
sectors usage of water heaters are some of the
factors which are expected to make the water
heater market grow till 2021.


Contact No 91.22.27810772/ 73
Email Id info_at_marketreportsonindia.com
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India Water Heater Market Overview, the market
for water heater in India grew with a CAGR of
26.16 from 2010 to 2014. Electric water heaters
dominate the Indian water heater market. Solar
water heater which is at a developing stage is
expected to acquire a major market share till
2021. Water heaters are mainly an equipment of
the residential segment. But with new innovations
in technology, water heaters are being accepted
in the commercials as well as industrial sector.
The organized players are having the major share
of the market. Though the unorganized sector is
expected to increase with a greater CAGR than
that of organized ones, the organized sector is
expected to maintain its lead. New entrants are
also increasing and their revenue share is
expected to grow over the forecasted period,
owing to their expansion plans and widening of
dealership networks.



Contact No 91.22.27810772/ 73
Email Id info_at_marketreportsonindia.com
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Table of Contents

• Executive Summary
• Global Water Heater Market Outlook
• India Water Heater Market Outlook
• Market Size
• Market Share
• Market Potential
• Pricing Analysis
• Company Profiles
• Havells India
• Remson

Contact No 91.22.27810772/ 73
Email Id info_at_marketreportsonindia.com
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To view the full Executive Summary and Table of
Contents, please visit Market Reports on
Indian Water Heater Market Overview 2015
Contact us Market Reports on IndiaPhone
no912227810772 / 73E-mail to
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