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The instant water heater market is forecasted to grow by USD 1.88 billion during 2024-2029, accelerating at a CAGR of 5.1% during the forecast period. The report on the instant water heater market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by robust growth of hospitality sector, increased online product penetration, and high demand for smart consumer electronics.
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 size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
The instant water heater market is segmented as below:
By End-user
- Commercial
- Residential
By Product Type
- Gas instant water heaters
- Electric instant water heaters
By Distribution Channel
- Offline
- Online
By Geographical Landscape
- Europe
- North America
- APAC
- South America
- Middle East and Africa
The report on the instant water heater market covers the following areas:
- Instant Water Heater Market sizing
- Instant Water Heater Market forecast
- Instant Water Heater Market industry analysis
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by End-user
9 Market Segmentation by Product Type
10 Market Segmentation by Distribution Channel
11 Customer Landscape
12 Geographic Landscape
13 Drivers, Challenges, and Opportunity/Restraints
14 Competitive Landscape
15 Competitive Analysis
16 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global instant water heater market: A. O. Smith Corp., Ariston Holding NV, Bradford White Corp., Ferroli Spa, Haier Smart Home Co. Ltd., Havells India Ltd., Hubbell Heaters, Jaquar India, Niagara Industries Inc., Nihon Itomic Co. Ltd., Orient Electric Ltd., Rheem Manufacturing Co., Rinnai Corp., Robert Bosch GmbH, STIEBEL ELTRON GmbH and Co. KG, Vaillant Group, VORDOSCH DEUTSCHLAND GmbH, Watts Water Technologies Inc., and Whirlpool Corp..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is high demand for electric water heaters."
According to the report, one of the major drivers for this market is the robust growth of hospitality sector.
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.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- A. O. Smith Corp.
- Ariston Holding NV
- Bradford White Corp.
- Ferroli Spa
- Haier Smart Home Co. Ltd.
- Havells India Ltd.
- Hubbell Heaters
- Jaquar India
- Niagara Industries Inc.
- Nihon Itomic Co. Ltd.
- Orient Electric Ltd.
- Rheem Manufacturing Co.
- Rinnai Corp.
- Robert Bosch GmbH
- STIEBEL ELTRON GmbH and Co. KG
- Vaillant Group
- VORDOSCH DEUTSCHLAND GmbH
- Watts Water Technologies Inc.
- Whirlpool Corp.