Storage Water Heater Market Size, Share, Growth, Global Trends, Industry Analysis and Forecast to 2027

Price: 3200/- USD | Last Updated: April 17th, 2020


The global storage water heater market size was valued over USD 9.3 billion in 2019 and expected to grow at a significant CAGR of around 5.1% during the forecast period 2020 to 2026. The market is segmented on the basis of capacity, application, energy sources, and region. Rapid population growth coupled with growing urbanization will boost the market. Increasing requirement of hot water across the building infrastructure coupled with ongoing technological advancements will accelerate the business growth. Asia Pacific, Europe and North America will dominate the overall market growth with a combined revenue share more than 55% in 2019

The report provides both, qualitative and quantitative analyses of the market, the competitive landscape, and the preferred development strategies of key players which help to formulate competitive market strategies and make informed decisions. In addition, the report has a dedicated section covering market forecasts and analysis for leading geographies, profiles of major companies operating in the market and expert opinion obtained from interviews with industry executives and experts from prominent companies.

According to Research Corridor, this study will provide in-depth analysis of segments on the basis of current trends, market dynamics and country level analysis of storage water heater industry. This report provides market estimates and forecast for the period 2018-2027, along with respective CAGRs for each segment and regional distribution for the period 2020-2027. In depth analysis of competitive landscape, porter's five forces model, value chain analysis, and pricing strategies are also covered in the report scope.

Historical & Forecast Period

  • 2018 - Historical Year for storage water heater Market
  • 2019 - Base Year for storage water heater Market
  • 2020-2027 - Forecast Period for storage water heater Market

The storage water heater market report offers a primary overview of the storage water heater industry covering different product definitions, classifications, and participants in the industry chain structure. The quantitative and qualitative analysis is provided for the global market considering competitive landscape, development trends, and key critical success factors (CSFs) prevailing in the storage water heater industry.

Storage Water Heater Market Segmentation:

By Capacity

  • <30 Liters
  • 30-100 Liters
  • 100-250 Liters
  • 250-400 Liters
  • >400 Liters

By Application

By Energy Source

List of Key Companies:

  • Havells India Limited
  • Hubbell, Inc.
  • Saudi Ceramics
  • Linuo Ritter International
  • Jaquar Group

Storage Water Heater Market Report Scope

This report provides an investigative analysis of the storage water heater market encapsulated in detailed sections such as

  • Research Methodology
  • Research Scope
  • Executive Market Summary: Industry Snapshot
  • Industry Outlook
  • Critical Success Factors (CSFs) for the Market
  • Market Dynamics
  • Key Opportunities
  • Market Porters Five Force Analysis
  • Market Value Chain/Ecosystem Analysis
  • Market Attractive Investment Proposition
  • Market PESTEL Analysis
  • Market Positioning of Key Vendors
  • Market Segmentation Outlook
  • Regional Outlook
  • Company Profiles of Key Vendors

Geographic Coverage

Geographically, the storage water heater Market report comprises dedicated sections centering on the regional market revenue and trends. The storage water heater market has been segmented on the basis of geographic regions into North America, Europe, Asia Pacific and Rest of the World (RoW). The RoW segment consists Latin America and the Middle East & Africa. The storage water heater market has been extensively analyzed on the basis of various regional factors such as demographics, gross domestic product (GDP), inflation rate, acceptance and others. storage water heater Market estimates have also been provided for the historical years 2017 & 2018 along with forecast for the period from 2018 - 2027.

  • North America storage water heater Market Revenue and Forecast
  • Europe storage water heater Market Revenue and Forecast
  • Asia Pacific storage water heater Market Revenue and Forecast
  • Latin America storage water heater Market Revenue and Forecast
  • Middle East and Africa storage water heater Market Revenue and Forecast

Key Questions Answered by Storage Water Heater Market Report

  • Market size and forecast of the storage water heater market for the period from 2018 to 2027
  • Compounded annual growth rate (CAGR%) for individual segments in various regional markets through 2025
  • Value chain analysis
  • Market share analysis combined with competitive landscape of key players
  • Profiles of key market players covering overall business operations, geographic presence, product portfolio, financial status and news coverage

(Reports will be updated due to COVID-19 impacts on the market)

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