Global Smart Connected Residential Water Heater Market 2017-2021

  • ID: 4395262
  • Report
  • Region: Global
  • 73 pages
  • TechNavio
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FEATURED COMPANIES

  • A.O.Smith
  • Haier
  • Midea Group
  • Rheem Manufacturing
  • Rinnai
  • Robert Bosch
  • MORE
About Smart Connected Residential Water Heater

Smart connected residential water heaters are used to increase the temperature of water for household usage and can be operated from smartphones and other Internet-enabled devices through the Internet. Users can control and monitor these through specific mobile applications by using wireless connections such as Wi-Fi, NFC, and Bluetooth technologies.

The analysts forecast the global smart connected residential water heater market to grow at a CAGR of 10.06% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global smart connected residential water heater market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
  • North America
  • APAC
  • Europe
  • ROW
The report, Global Smart Connected Residential Water Heater Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • A.O.Smith
  • Rheem Manufacturing
  • Robert Bosch
Other prominent vendors
  • Haier
  • Midea Group
  • Rinnai
  • Whirlpool
Market drivers
  • Increasing product premiumization
  • For a full, detailed list, view the full report
Market challenges
  • Increasing cost of raw materials
  • For a full, detailed list, view the full report
Market trends
  • Growing online retail of smart connected residential water heaters
  • For a full, detailed list, view the full report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • A.O.Smith
  • Haier
  • Midea Group
  • Rheem Manufacturing
  • Rinnai
  • Robert Bosch
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
  • Global residential water heater market
PART 05: Market landscape
  • Global smart connected residential water heater market
  • Five forces analysis
PART 06: Market segmentation by technology
  • Global smart connected residential water heater market by technology
  • Global Wi-Fi-enabled smart connected residential water heater market
  • Global market for other smart connected residential water heaters
PART 07: Market segmentation by distribution channel
  • Global smart connected residential water heater market by distribution channel
  • Global smart connected residential water heater market by offline distribution channel
  • Global smart connected residential water heater market by online distribution channel
PART 08: Geographical segmentation
  • Global smart connected residential water heater market by geography
  • Smart connected residential water heater market in North America
  • Smart connected residential water heater market in Europe
  • Smart connected residential water heater market in APAC
  • Smart connected residential water heater market in ROW
PART 09: Key leading countries
  • Key leading countries
  • US
  • Germany
  • UK
PART 10: Decision framework

PART 11: Drivers and challenges
  • Market drivers
  • Market challenges
PART 12: Market trends
  • Growing online retail of smart connected residential water heaters
  • Increasing emergence of hybrid water heaters
  • Increasing integration with IoT
PART 13: Vendor landscape
  • Competitive scenario
  • Competitive strategies
PART 14: Key vendor analysis
  • A.O. Smith
  • Rheem Manufacturing
  • Robert Bosch
  • Other prominent vendors
PART 15: Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: Global residential water heater market 2016 (% share of revenue)
Exhibit 02: Global smart connected residential water heater market: Overview
Exhibit 03: Global smart connected residential water heater market: Supply chain
Exhibit 04: Global smart connected residential water heater market 2016-2021 ($ millions)
Exhibit 05: Five forces analysis
Exhibit 06: Global smart connected residential water heater market by technology 2016-2021 ($ millions)
Exhibit 07: Global smart connected residential water heater market by technology 2016 and 2021 (% share of revenue)
Exhibit 08: Global Wi-Fi-enabled smart connected residential water heater market 2016-2021 ($ millions)
Exhibit 09: Global market for other smart connected residential water heaters 2016-2021 ($ millions)
Exhibit 10: Global smart connected residential water heater market by distribution channel 2016-2021 ($ millions)
Exhibit 11: Global smart connected residential water heater market by distribution channel 2016 and 2021 (% share of revenue)
Exhibit 12: Global smart connected residential water heater market by offline distribution channel 2016-2021 ($ millions)
Exhibit 13: Global smart connected residential water heater market by online distribution channel 2016-2021 ($ millions)
Exhibit 14: Global smart connected residential water heater market by geography 2016-2021($ millions)
Exhibit 15: Global smart connected residential water heater market by geography 2016 and 2021 (% share of revenue)
Exhibit 16: Smart connected residential water heater market in North America 2016-2021 ($ millions)
Exhibit 17: Smart connected residential water heater market in Europe 2016-2021 ($ millions)
Exhibit 18: Smart connected residential water heater market in APAC 2016-2021 ($ millions)
Exhibit 19: Smart connected residential water heater market in ROW 2016-2021 ($ millions)
Exhibit 20: Key leading countries 2016 (% share of revenue)
Exhibit 21: Population by region 2016 (% share)
Exhibit 22: Internet penetration rate and Internet users by region 2016 (millions)
Exhibit 23: Internet penetration rate by countries 2016 (% of Internet users)
Exhibit 24: Global solar water heater market ($ billions)
Exhibit 25: A.O. Smith: Business segmentation
Exhibit 26: A.O. Smith: Product portfolio in global residential water heater market
Exhibit 27: Rheem Manufacturing: Product segmentation
Exhibit 28: Recent developments
Exhibit 29: Robert Bosch: Business segmentation 2016 (% share of revenue)
Exhibit 30: Robert Bosch: Geographical segmentation 2016 (% share of revenue)
Exhibit 31: Robert Bosch: Product portfolio in global residential water heater market
Exhibit 32: Other prominent vendors
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • A.O.Smith
  • Haier
  • Midea Group
  • Rheem Manufacturing
  • Rinnai
  • Robert Bosch
  • MORE
New Report Released: - Global Smart Connected Residential Water Heater Market 2017-2021

The author of the report recognizes the following companies as the key players in the global smart connected residential water heater market: A.O.Smith, Rheem Manufacturing, and Robert Bosch.

Other Prominent Vendors in the market are: Haier, Midea Group, Rinnai, and Whirlpool.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is Growing online retail of smart connected residential water heaters. With the rising brand consciousness among end-consumers across the globe, the importance of renowned international retailers offering branded smart connected residential water heater has proportionally increased. The entry of the global vendors in the market is expected to raise the online sales of smart connected residential water heaters through sales portals of pure-play e-retailers and manufacturers.”

According to the report, one of the major drivers for this market is Increasing product premiumization. Premiumization has been one of the key factors for the price growth of smart connected residential water heaters globally. Premiumization is a market strategy adopted by market players, which invites end-consumers to buy more expensive product coupled with the value proposition. They make customers buy more expensive products by presenting a proposition with a higher value by cross-selling and upselling of the product.

Further, the report states that one of the major factors hindering the growth of this market is Increasing cost of raw materials. The supply chain of a product plays a vital role in setting the price and cost strategy with suppliers, distributors, and end-consumers. The final pricing of the product is directly proportional to the total cost incurred in manufacturing a product.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
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  • A.O.Smith
  • Rheem Manufacturing
  • Robert Bosch
  • Haier
  • Midea Group
  • Rinnai
  • Whirlpool
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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