Global Water Heater Market 2022-2027

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    GLOBAL WATER HEATER MARKET 

     

    INTRODUCTION 

     

     

    Hot water heaters are devices that heat water and maintain it at a relatively consistent temperature. They are also utilized to ensure that there is a constant and reliable supply of water. 

     

     

    A water heater is a device that delivers a constant supply of hot water for use in cooking, cleaning, and bathing. Both the commercial and industrial sectors are expected to see an increase in demand for a variety of water heater storage tanks. Increased demand for hot water, mostly from hospitals and hotels, is expected to drive growth in the market. 

     

     

    There is also a misunderstanding of the benefits of a water heater storage tank in terms of energy savings and CO2 emissions. 

     

     

    Electric water heaters are electrically driven devices that heat water using electrical heating equipment that is built into them.  

     

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    The hot water rises in the tank and is pumped out through heat out pipes for use. Due to consumer demand for energy efficiency, cost savings, automatic controls, safety, and environmentally friendly heating systems, this type of water heater is gaining popularity. 

     

     

    This is a significant distinction between hot water heaters and traditional heating vessels such as kettles, cauldrons, pots, and coppers, which are unable to supply continual water supplies. 

     

     

    Domestic Hot Water Heaters are hot water heaters that are used in the home and heat potable water for purposes other than space heating. 

     

     

    GLOBAL WATER HEATER MARKET SIZE AND FORECAST 

      

     

    The Global Water Heater Market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2027, registering a CAGR of XX% from 2022 to 2027. 

     

     

    GLOBAL WATER HEATER NEW PRODUCT LAUNCH 

     

     

    This week at the International Builders’ Show, Rinnai America Corp., a North American maker of tankless gas water heaters, is introducing a new product and demonstrating a home automation center. 

     

     

    The A.O.Smith Zip Digital Tankless Water Heater is now available. With heating chamber, the device is aimed to reinvent the bathing experience by offering continuous, immediate hot water. The Zip water heater has a sleek design and is small enough to fit into a homeowner’s existing space. 

     

     

    The Essency EXR is the first on-demand domestic tank water heater in the world, ushering in a new era of home hot water solutions. 

     

     

    With a new water heater, A. O. Smith Cyclone® Mxi elevates product innovation. The Cyclone® Mxi is A. O. Smith’s first modulating, high-efficiency commercial gas water heater.  

     

     

    For large-volume commercial applications, A. O. Smith has introduced the XP Boilers and XP Automatic Circulating Water Heaters. These devices combine touchscreen simplicity and high-efficiency operation, as well as A. O. Smith’s reputation for reliability, in order to provide adaptability and energy savings. 

     

    LeEco, a leading Chinese company, has launched its fastest thermal electric water heater, the Electric Water Heater S01, which features an LED display and an antibacterial mode. It has a large LED display. It is an electric water heater that has a thickness of 290 mm and has a compact design and form factor. These are so compatible that they can be washed. It supplies water on a continuous basis with the help of double-layered heating pipes. It is characterized by warm, summer, and winter water modes. It is safer to use due to the availability of antibacterial mode produced by the product. 

     

     

    COMPANY PROFILE 

     

     

    THIS REPORT WILL ANSWER FOLLOWING QUESTIONS 

     

    1. What is the average cost per Water Heater right now and how will it change in next 5-6 years?  
    2. Average cost to set up a Water Heater in US, Europe and China? 
    3. How many Water Heater is manufactured per annum globally? Who are the sub-component suppliers in different regions? 
    4. What is happening in the overall public, globally?  
    5. Cost breakup of a Water Heater and key vendor selection criteria 
    6. Where is the Water Heater? What is the average margin per equipment? 
    7. Market share of Water Heater manufacturers and their upcoming products 
    8. The most important planned Water Heater in next 2 years 
    9. Details on network of major Water Heater and pricing plans 
    10. Cost advantage for OEMs who manufacture Global Water Heater Market in-house 
    11. 5 key predictions for next 5 years in Global Water Heater Market 
    12. Average B-2-B Water Heater price in all segments 
    13. Latest trends in Global Water Heater Market, by every market segment 
    14. The market size (both volume and value) of Global Water Heater Market in 2022-2027 and every year in between? 
    15. Global production breakup of Water Heater, by suppliers and their OEM relationship 

     

    Sl no  Topic 
       
    Market Segmentation 
    Scope of the report 
    Abbreviations 
    Research Methodology 
    Executive Summary 
    Introduction 
    Insights from Industry stakeholders 
    Cost breakdown of Product by sub-components and average profit margin 
    Disruptive innovation in the Industry 
    10  Technology trends in the Industry 
    11  Consumer trends in the industry 
    12  Recent Production Milestones 
    13  Component Manufacturing in US, EU and China 
    14  COVID-19 impact on overall market 
    15  COVID-19 impact on Production of components 
    16  COVID-19 impact on Point of sale 
    17  Market Segmentation, Dynamics and Forecast by Geography, 2022-2027 
    18  Market Segmentation, Dynamics and Forecast by Product Type, 2022-2027 
    19  Market Segmentation, Dynamics and Forecast by Application, 2022-2027 
    20  Market Segmentation, Dynamics and Forecast by End use, 2022-2027 
    21  Product installation rate by OEM, 2022 
    22  Incline/Decline in Average B-2-B selling price in past 5 years 
    23  Competition from substitute products 
    24  Gross margin and average profitability of suppliers 
    25  New product development in past 12 months 
    26  M&A in past 12 months 
    27  Growth strategy of leading players 
    28  Market share of vendors, 2022 
    29  Company Profiles 
    30  Unmet needs and opportunity for new suppliers 
    31  Conclusion 
    32  Appendix 
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