According to Goldstein Market Intelligence, global electric tankless water heaters market is expected to reach USD 11,230 million by 2025, expanding at a CAGR of 5.24% over the forecast period through 2025. The technological advancements to reduce energy consumption (reduced by 22%) in commercial and residential places are increasing the demand for electric tankless water heaters, thus propelling the growth of the market all over the globe. Global electric tankless water heaters market segmentation has been done on the basis of technology, installation site, end-user, distribution channel and geography. Based on technology, Non-condensing technology based electric tankless water heaters have higher demand as is their functioning it pushes out hot gases out of the vent to avoid corrosion.
 
Global Electric tankless water heaters market is dominated by Europe accounted for largest market share of 37.1% in 2017 owing high concerns towards sustainability and energy conservation, thus adapting different technologies towards reducing wastage and minimizing pollution.
 
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Market Segmentation
On the basis of our in-depth analysis, Global Electric Tankless Water Heaters Market can be segmented as follows:
By Technology
Condensing
Non-Condensing
By Installation Site
Outdoor
Indoor
By End-User
Residential
Commercial
Industrial
By Distribution Channel
 Online
Offline
By region
North America (U.S. & Canada) Electric Tankless Water Heaters Market {Market Share (%), Market Size (USD Billion)}
Latin America (Brazil, Mexico, Argentina & Rest of Latin America) Electric Tankless Water Heaters Market {Market Share (%), Market Size (USD Billion)}
Europe (The U.K., Germany, France, Italy, Hungary, Spain, Poland, Sweden & RoE) Electric Tankless Water Heaters Market {Market Share (%), Market Size (USD Billion)}
Asia-Pacific (China, India, Japan, Singapore, South Korea, Australia, New Zealand, Rest of Asia) Electric Tankless Water Heaters Market {Market Share (%), Market Size (USD Billion)}
Middle East & Africa (GCC, South Africa, North Africa, RoMEA)  Electric Tankless Water Heaters Market {Market Share (%), Market Size (USD Billion)}
 
The Report is Available at: https://www.goldsteinresearch.com/report/global-electric-tankless-water-heater-market
 
“Global Electric Tankless Water Heaters Market Outlook 2024” by Goldstein Market Intelligence contains detailed overview of the Global Electric tankless water heaters market in terms of market segmentation by technology, installation site, end-user and distribution channel.
 
Further, Global Electric Tankless Water Heaters Market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such as Bosch GmbH, A.O. Smith Corporation, Bradford White Corporation, Rinnai Corporation, Hotter Electric, Atmor & Eemax, Nortiz Corporation, Inc., Stiebel Eltron, Rheem Manufacturing Company, Alpha Electric Co., etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.
 
Overall, the report represents the Global Electric tankless water heaters market trends along with market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
 
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Our analysts working on hardware and ICT industry analysis reports to help various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in vigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable to our clients’ needs and business agenda.
 
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