Global Electric Tankless Water Heaters Market Augmented by Energy Conservation Concerns


Posted May 31, 2018 by Steveblade

According to Goldstein Research, 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, 2017-2025.

 
According to Goldstein Research, 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, 2017-2025. 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

o Condensing

o Non-Condensing

By Installation Site

o Outdoor

o Indoor

By End-User

o Residential

o Commercial

o Industrial

By Distribution Channel

o Online

o Offline

By region

o North America (U.S. & Canada) Electric Tankless Water Heaters Market {Market Share (%), Market Size (USD Billion)}

o Latin America (Brazil, Mexico, Argentina & Rest of Latin America) Electric Tankless Water Heaters Market {Market Share (%), Market Size (USD Billion)}

o Europe (The U.K., Germany, France, Italy, Hungary, Spain, Poland, Sweden & RoE) Electric Tankless Water Heaters Market {Market Share (%), Market Size (USD Billion)}

o 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)}

o Middle East & Africa (GCC, South Africa, North Africa, RoMEA) Electric Tankless Water Heaters Market {Market Share (%), Market Size (USD Billion)}

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“Global Electric Tankless Water Heaters Market Outlook 2024” contains detailed overview of the Global Electric tankless water heaters market. On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by technology, installation site, end-user and distribution channel.

Further, for the in-depth analysis, 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.

About Goldstein Research

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Tags electric tankless water heater market , global electric tankless water heaters market
Last Updated May 31, 2018