Water Heater Market Trends 2021 | Segmentation, Outlook, Industry Report to 2027

The Water Heater Market size is expected to grow at an annual average of 4% during 2021-2027. A water heater, also known as a geyser, is a heating device that uses energy from various external sources and transfers it to heat water. There are different types of water heaters, such as gas water heaters, instantaneous water heaters, storage water heaters and solar water heaters. The selection of a suitable water heater depends on several important factors such as the type of building in which it will be installed, the requirements of the homeowner, the availability of the type of fuel, the fuel cost and efficiency of the system, the storage and distribution temperatures, and the installation. Maintenance costs and user safety.

The following segmentation are covered in this report:

By Type

• Gas
• Instant
• Storage
• Solar

By Application

• Commercial
• Residential
• Industrial

Company Profile

• O. Smith Corporation
• Ariston Thermo SPA
• Bajaj Electricals Limited
• BRADFORD WHITE CORPORATION
• Haier Electronics Group Co., Ltd.
• Noritz Corp
• Rheem Manufacturing Company
• Rinnai Corporation.
• ROBERT BOSCH GMBH
• Venus Home Appliances (P) Ltd.

Scope of the report

The research study analyses the Water Heater Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent developments

• Market overview and growth analysis
• Import and export overview
• Volume analysis
• Current market trends and future outlook
• Market opportunistic and attractive investment segment

Geographic coverage

• North america market size and/or volume
• Latin america market size and/or volume
• Europe market size and/or volume
• Asia-pacific market size and/or volume
• Rest of the world market size and/or volume

Key Questions Answered by Water Heater Market Report

• What was the Water Heater Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027)
• What will be the CAGR of Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
• Which manufacturer/vendor/players in the Water Heater Market was the market leader in 2020?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.