1 / 6

Gas Water Heater Market

Gas Water Heater Market<br>

GMI1
Download Presentation

Gas Water Heater Market

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Gas Water Heater Market Trends, Statistics & Growth Forecast 2022- 2030

  2. Industry Overview • In February 2022, GE Appliances Air and Water Solutions, an arm of the leading gas water heater market player Haier, announced its plans for the rollout of RealMAX line at the 2022 Air Conditioning Heating and Refrigeration Expo. The addition enabled the company to provide an inclusive portfolio of atmospheric gas, point-of-use, tankless, and electric water heaters in a range of capacities. • The increasing adoption of similar steps in tandem with partnership agreements is expected to drive gas water heater market growth through the forthcoming years. According to the latest research conducted by Global Market Insights Inc., the industry is expected to record an annual installation of over 57 million units by 2030. • BDR Thermea Group, A.O Smith, State Industries, Bradford White, Rheem Manufacturing, Lennox International, Vaillant Group, Bosch Thermotechnology, and others are some of the major players in the industry. • In June 2022, the U.S. government released new energy efficiency standards for commercial water heaters intending to reduce the energy costs and greenhouse gas emissions.

  3. Continue… • The policy is further slated to help in bringing about a 38 million metric ton reduction in carbon emissions between 2026 and 2055. According to the U.S. Energy Information Administration, natural gas water heaters deploy nearly 18% of the gas that is utilized in commercial buildings. • An increase in such advancements is likely to influence the number of commercial gas water heater installations, altering the product demand over the coming years. • In order to strengthen their industry foothold, several companies are participating in trade conferences and fairs. In addition, several key gas water heater manufacturers are showing a keen interest in the adoption of various initiatives such as acquisitions, mergers, and product developments. • The demand for gas water heaters is set to rise considering the shift in consumer trends toward reliant & energy-efficient systems. • This is slated to be on account of the increasing number of single and multi-family apartments.

  4. Browse Full Market Research Report Of Gas Water Heater Market @ https://www.gminsights.com/industry-analysis/gas-water-heater-market Inquiry Before Buying@ https://www.gminsights.com/inquiry-before-buying/706 Request for a Sample of this Research report @ https://www.gminsights.com/request-sample/detail/706

  5. Gas Water Heater Market

  6. Stay In Touch Website: www.gminsights.com Social Media:

More Related