Tankless Water Heater Market

Tankless Water Heater Market

Global Market Study On Tankless Water Heaters: Electric Heaters To Account For Over 80% Market Share By 2031

  • XPLREP1636

  • April, 2021

  • 300 Pages

  • Housewares

Tankless Water Heater Market - Scope of Report

XploreMR recently published a new report on the tankless water heater market for the assessment period of 2021-2031. The report offers a close look at evolving aspects of the market, and insights into the dynamics impacting market growth. It also focuses on the key developments in the market, especially due to the COVID-19 pandemic situation that has affected people, globally. The report includes various macro- and micro-economic factors responsible for a significant impact on market growth. 

The report extensively focuses on key trends shaping market growth. Additionally, the included opportunity analysis underlines untapped corners for aspiring players. The report also offers a holistic view of the incremental opportunity, which can further help readers make effective decisions for the growth of their businesses.  

All stakeholders in the tankless water heater market can rely on the data offered in this report to make critical decisions. Moreover, information offered in this report also can help new market entrants expand their bases in this space. 

The report elaborates on both, historical and current trends shaping market growth. The performance journey of the market has been drawn and analyzed to make the lucrative opportunities in the market evident to readers. The competitive landscape presented in the report gives a detailed outlook of the profiles of key companies manufacturing tankless water heaters, along with their differential strategies and key focus areas.

Market Segmentation

The research study offers a detailed market taxonomy, wherein,key segments have been discussed in detail. The market is segmented on the basis of technology, energy source, energy factor, application, end user, sales channel, and region. Every segment is analyzed in detail, and data pertaining to the growth of each segment has been included in the study.

Technology

  • Condensing
  • Non-condensing

Energy Source 

  • Electric
  • Gas

Energy Factor

  • 0 to 0.79 EF
  • 0.80 to 0.89 EF
  • 0.90 EF and Above

Application

  • Indoor
  • Outdoor

End User

  • Residential
  • Commercial

Sales Channel

  • Direct Sales
  • Hypermarkets/ Supermarkets 
  • Specialty Stores 
  • Consumer Electronics  Stores
  • Online Retailers 
  • Other Sales Channels

Region

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • Middle East and Africa (MEA)

The research report includes a competitive landscape that provides a dashboard view of the key competitors operating in the market. Some of the market players included in this section are A. O. Smith Corp., Ariston Thermo Spa, Bradford White Corp., Dometic Group AB, Haier Smart Home Co. Ltd., NORITZ Corp., Rheem Manufacturing Co., Rinnai Corporation, Robert Bosch GmbH, Westinghouse Electric Corp., Navien Inc., Takagi, Stiebel Eltron Inc., EcoSmart Green Energy Products Inc., and General Electric Co.

Key Questions Answered in Report

The research study offers inclusive insights about the growth of the market in the most comprehensive manner. Key insights offered in the report answer some of the most salient questions that assist stakeholders in gauging all the emerging possibilities.  

  • Will technology advancements continue driving sales of tankless water heaters?
  • How is the IoT feature in tankless water heaters driving market growth?
  • How is online retailing impacting the sales of tankless water heaters?
  • What is the impact of energy factor on electrical tankless water heaters?
  • In what ways has COVID-19 affected the global tankless water heater market?

Research Methodology

A unique and promising research methodology forms the base of the market report for the forecast period. This report has been prepared after comprehensive analysis of market events, and riveting insights have been compiled meticulously. The research methodology is a two-step process comprising primary and secondary research. Key stakeholders, including suppliers, service providers, and experts of several designations, including executive vice presidents, directors, technical advisors, GM marketing professionals, and sales professionals have been interviewed. Secondary sources referred to obtain information include investor presentations of manufacturers, World Bank, IMF, and other credible sources.

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Global Market Study On Tankless Water Heaters: Electric Heaters To Account For Over 80% Market Share By 2031
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