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FMI: Electric Water Heater Market Segments, Opportunity, Growth and Forecast By End-use Industry 2015-2025

Water heaters are emerging as technologically advanced and innovative products globally. Electric water heaters are currently one of the most popular water heaters among consumers globally. Though the global electric water heater market is moving towards maturity, continuous innovation on the part of manufacturers is driving the growth in the global electric water heater market. Water heating includes residential and commercial hot water systems. Energy efficient technologies in water heating include condensing gas water heaters, heat pump water heaters, gas and electric tank less systems, combination space/water heaters and solar water heaters. Water heating consumes 12 percent of residential energy and approximately 7 percent of commercial energy. Electric water heaters often exceed the consumption of energy for domestic activities such as cooking, refrigeration and lighting. Actual energy savings for water heaters depend on family size, heater location, and the size and placement of water pipes. Electric storage tank water heater is the most commonly used appliance for heating water. Generally, low income households prefer biofuel, coal and other sources of energy for heating water, but more wealthy household use electricity. Thus, middle-income homes are the highest consumers of electricity for heating water. However, culture and climatic condition of the particular region plays a crucial role to decide the type and size of electric water heaters used in households as well as in commercial establishments.

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FMI: Electric Water Heater Market Segments, Opportunity, Growth and Forecast By End-use Industry 2015-2025

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  1. Global Electric Water Heater Market Share, Global Trends, Analysis, Research, Report, Opportunities, Segmentation and Forecast, 2015 Future Market Insights www.futuremarketinsights.com sales@futuremarketinsights.com

  2. Future Market Insights (FMI) is a premier provider of syndicated research reports, custom research reports, and consulting services. We deliver a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, aerial view of the competitive framework, and future market trends. We provide research services at a global as well as regional level; key regions include GCC, ASEAN, and BRIC. Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy, Technology, Healthcare, and Retail. We have a global presence with delivery centers across India specializing in providing global research reports and country research reports. FMI is headquartered out of London, U.K., with a state-of-the-art delivery center located in Pune, India. We combine our knowledge and learning from every corner of the world to distill it to one thing – the perfect solution for our client. Research Capabilities Subscription Information Sector Coverage • Automotive and Transportation • Electronics, Semiconductor, and ICT • Retail and Consumer Products • Industrial Automation and Equipment • Customized Research • Syndicated Research • Investment Research • Social Media Research • Chemicals & Materials • Food and Beverages • Services and Utilities • Energy, Mining, Oil, and Gas Customized Research Syndicated Research Investment Research Social Media Research For detailed subscription information please contact Hari. T (Sr. Manager - Global Business Development) T: +44 (0) 20 7692 8790 | D: +44 20 3287 4268 Email: hari.t@futuremarketinsights.com

  3. Report Description Report Description Water heaters are emerging as technologically advanced and innovative products globally. Electric water heaters are currently one of the most popular water heaters among consumers globally. Though the global electric water heater market is moving towards maturity, continuous innovation on the part of manufacturers is driving the growth in the global electric water heater market.  Water heating includes residential and commercial hot water systems. Energy efficient technologies in water heating include condensing gas water heaters, heat pump water heaters, gas and electric tank less systems, combination space/water heaters and solar water heaters.  Water heating consumes 12 percent of residential energy and approximately 7 percent of commercial energy. Electric water heaters often exceed the consumption of energy for domestic activities such as cooking, refrigeration and lighting. Actual energy savings for water heaters depend on family size, heater location, and the size and placement of water pipes. Electric storage tank water heater is the most commonly used appliance for heating water. Generally, low income households prefer biofuel, coal and other sources of energy for heating water, but more wealthy household use electricity. Thus, middle-income homes are the highest consumers of electricity for heating water. However, culture and climatic condition of the particular region plays a crucial role to decide the type and size of electric water heaters used in households as well as in commercial establishments. Request Report Sample@ http://www.futuremarketinsights.com/reports/sample/rep-gb-1044

  4. Report Description Report Description Global Electric Water Heater Market: Drivers & Restraints The global electric water heater market is anticipated to witness growth owing to increasing number of residential housing and commercial projects worldwide. Growing demand for tankless water heaters and rise in disposable income is anticipated to fuel the global electric water heater market. Factors such as energy efficiency, improving environment sustainability and temperature control over the forecast period are anticipated to accelerate the global electric water heater market. Growing demand across wide in domestic application such as cooking, bathing and cleaning, as well as from commercial end use such as hospitals and hotels may boost electric water heaters market growth. Rising infrastructure investment in rural areas is expected to open window of opportunity for market players in global electric water heater market. Electricity shortages and fluctuation coupled with popularity of alternate fuels such as solar power and adoption of hybrid products may prove to be a restraint for global electric water heater market growth. Rising electricity prices, changes in government regulations, and volatile raw material prices are few other challenges faced by the global electric water heater market. Growth in solar water heater market is being propelled by government efforts and demand among consumers for energy efficient and eco-friendly products to be a major threat for global electric heater market over the forecast period. Browse Full Report@ http://www.futuremarketinsights.com/reports/electric-water-heater-market

  5. Report Description Report Description Global Electric Water Heater: Segmentation On the basis of product type, the global electric water heater market is segmented into • Storage Water Heaters • Non- storage / Tankless Water Heater On the basis of end use, the global electric water heater market is segmented into • Residential • Commercial • Industrial On the basis of capacity, the global electric water heater market is segmented into • Small water heater • Medium water heater • Large water heater Global Electric Water Heater Market: Region-wise Outlook In terms of geography, the global electric water heater market has been divided in to seven key regions including North America, Latin America, Eastern Europe, Western Europe, Asia-Pacific excluding Japan, Middle East & Africa and Japan. The global electric

  6. Report Description Report Description water heater market is expected to grow at a steady CAGR with high demand for storage and tankless water heaters globally. Asia Pacific is anticipated to dominate the global electric water heater market followed by North America. With increasing investment in infrastructure development, China and India are expected to be major contributors to drive the demand of electric water heater market in Asia Pacific region. Growing awareness for automated temperature control, energy efficiency and environmental sustainability is estimated to favour tankless heaters demand especially in developed economies. However, increasing government initiatives to improve rural infrastructure and rising awareness of uninterrupted electricity availability in these areas is expected to provide new opportunities to market growth in developing economies. Request Report TOC@ http://www.futuremarketinsights.com/toc/rep-gb-1044 Global Electric Water Heater Market: Key Players Key players in the global electric water heater market include A.O. Smith Corp, General Electric Co, Midea Group, Rheem Manufacturing Company and Siemens AG. Other prominent vendors are Ariston Thermo SpA and Hubbell Electric Heater Company.

  7. Thank You! To know more about us, please visit our website: www.futuremarketinsights.com For sales queries or new topics email us on: sales@futuremarketinsights.com For other queries contact: Mr. Sudip Saha Future Market Insights:616 Corporate Way, Suite 2-9018, Valley Cottage, NY 10989, United States T: +1-347-918-3531 | D: +1-845-579-5705

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