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Global Water Heater Market, Size, Share, Analysis Report & Forecast to 2026

The global market for the water heater is projected to have a CAGR of around 5.7% during the forecast period.

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Global Water Heater Market, Size, Share, Analysis Report & Forecast to 2026

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  1. Global Water Heater Market, Size, Share, Analysis Report & Forecast to 2026 Global Water Heater Market Size, Growth Analysis Report, Forecast to 2027 Global Water Heater Market Size, Growth Analysis Report, Forecast to 2027 Global Water Heater Market: Report Based on Development, Scope, Share, Trends, Forecast to 2027 Global Water Heater Market Trends | Segmentation, Outlook, Industry Report to 2021-2027 The global market for the water heater is projected to have a CAGR of around 5.7% during the forecast period. Factors augmenting the water heater market is increasing the disposable income of the people along with improving the standard of living in emerging economies. Along with that government subsidiaries regarding the energy-efficient water heater for the domestic and industrial purpose is also propelling the market. The growing application of water heater in commercial sectors such as hotels, hospitals, Spa has a significant application of water heater. The rising adoption of solar water heater is further projected to create ample opportunity for to solar heater market in the near future. However, the solar water heater has a comparatively high installation cost and requires more space for installing the solar panels. Less penetration in developing and under-developed economies is also one of the major factors restraining the market. Free Sample Copy @ https://www.omrglobal.com/request-sample/water-heater-market

  2. The global water heater market is segmented by energy source, mode of water supply and end- user. Based on the energy source, the market is segmented into gas, electricity, hybrid, and solar. Among these, solar water heaters are anticipated to grow at a significant pace during the forecast period. The market is mainly driven due to its being eco-friendly and energy conservation products. Based on the mode of water supply, the market has been segmented into on-demand or tankless water heater and storage or tank water heater. On the basis of end-user, the market has been categorized into residential, commercial and industrial. A Full Report of Global Water Heater Market is Available at: https://www.omrglobal.com/industry-reports/water-heater-market Geographically, the global water heater market is classified into four major regions including North America (the US and Canada), Europe (UK, Germany, France, Italy, Spain, Russia, and Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, ASEAN and Rest of Asia-Pacific), and Rest of the World (Latin America and the Middle East and Africa (MEA)). North America is expected to have considerable growth due to significant usage in the commercial, domestic and industrial sector. The US dominated the market in term of revenue. The dominance of the region is mainly attributed to the rising demand for the replacement of conventional water heaters with advanced systems. Moreover, the presence of major market players and high expenditure by them to advance technology also drives the market growth. Global Water Heater Market – Segmentation By Energy Source •Gas •Electricity •Hybrid •Solar By Mode of Water Supply •On-Demand or Tank-Less •Storage or Tank Water Heater By End-User •Residential •Commercial •Industrial

  3. Global Water Heater Market – Segmentation by Region North America •United States •Canada Europe •Germany •United Kingdom •France •Spain •Italy •Rest of Europe Asia-Pacific •China •Japan •India •Rest of Asia-Pacific Rest of the World Company Profiles •A. O. Smith Corp. •Ariston Thermo SpA •ATC Electrical and Mechanical, Ltd . •Bajaj Electricals Ltd. •Bradford White Corp. •Ferroli Ltd. •General Electric Co. •Haier Group •Himin Solar Co., Ltd

  4. •Hot Water Products Inc. •Jinyi Solar Ltd. •KANCH (HANGZHOU) WATER HEATER CO., LTD. •NORITZ Corp. •Rheem Manufacturing Company, Inc . •Rinnai America Corp. •Robert Bosch GmbH •Siemens AG •Stiebel Eltron, Inc. •Venus Home Appliances (P) Ltd. •Vaillant Group •Whirlpool Corp. For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/water-heater-market About Orion Market Research Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. Media Contact: Company Name: Orion Market Research

  5. Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +91 780-304-0404

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