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According to Stratistics MRC, Commercial Water Heaters Market Value is expected to reach $8.96 billion by 2027 growing at a CAGR of 7.5% during the forecast period.
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Global Commercial Water Heaters Industry Analysis Global Commercial Water Heaters Market 2027 Outlook Report The process of transferring heat by making use of a source of energy that is devised to heat water beyond the normal temperature is known water heating. Water heater is one of the traditional devices like cauldrons, kettles and others that are used for water heating domestically. Water heaters provide an uninterrupted supply of hot water. Fossil fuels, nuclear power, renewable powers, solar power and other alternative sources of energy are directly or indirectly used to ensure the functioning of water heaters. Based on liter, the below 500 liters segment is going to have a lucrative growth during the forecast period owing to its compact and easy installation properties. They provide ample hot water for almost all small commercial applications. Hence, water heaters with this capacity are suitable for low hot water requirement applications in small commercial establishments. Request for Customization of “Commercial Water Heaters - Global Market Outlook (2019- 2027)” @ https://www.strategymrc.com/report/commercial-water-heaters-market/request- customization What our report offers: - Market share assessments for the regional and country-level segments - Strategic recommendations for the new entrants - Covers Market data for the years 2018, 2019, 2020, 2024, and 2027 - Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations) - Strategic recommendations in key business segments based on the market estimations - Competitive landscaping mapping the key common trends - Company profiling with detailed strategies, financials, and recent developments - Supply chain trends mapping the latest technological advancements Some of the key players profiled in the Commercial Water Heaters Market include A.O. Smith Corporation, American Standard Water Heaters, Ariston Thermo, Carrier Global, Ferroli, Haier Electronics, Hubbell, Linuo Ritter International, Midea Group, Noritz Corporation, RHEEM Manufacturing Company, Rinnai Corporation, Saudi Ceramics, Solahart Industries, Stiebel Eltron, Thermann, Thermex Corporation, Vaillant Group, Westinghouse Electric Corporation, and Whirlpool. About Us: StrategyMRC research reports and publications are routed to help clients to design their business models and enhance their business growth in the competitive market scenario. We have a strong team with hand-picked consultants including project managers, implementers, industry experts, researchers, research evaluators and analysts with years of experience in delivering the complex projects. We track 30+ industries and cover 800 market segments. Call Us: +1-301-202-5929 Email: info@strategymrc.com
Global Commercial Water Heaters Industry Analysis Report Coverage Details 2021 Published Year: USD 5.02 billion Estimated Market Size in 2019: 2019 Estimated Period: Compound Annual Growth Rate (CAGR) from 2019 to 2027: 7.5% USD 8.96 billion Predicted 2027 Value: 2020-2027 Forecast Years: Tables, Graphs & Figures 203 Product, Type, Rated Capacity, Liter, Application • Increasing demand for energy- efficient water heaters Chapters Covered: Integration of commercial water heaters with new-age technologies • Core Drivers and Opportunities: Growth of global healthcare and hospitality sectors • High capital expenditure (CapEx) for development of commercial water heaters • Restraining Factors & Market Threats: Operational losses in commercial water heater • View complete “Commercial Water Heaters - Global Market Outlook (2019-2027)” report @ https://www.strategymrc.com/report/commercial-water-heaters-market Contact Us: Stratistics Market Research Consulting Phone: +1-301-202-5929 Email: info@strategymrc.com Website: https://www.strategymrc.com Visit our Blog: https://strategymrc.blogspot.com Call Us: +1-301-202-5929 Email: info@strategymrc.com