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<br>The global market for electric water heater is projected to have considerable CAGR of around 5.4% during the forecast period. The major factor driving the market of electric water heater is that the electric heater do not having the danger of exploding as compare to gas water heater.
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Orion Market Research Global Electric Water Heater Market Trends, Size, Competitive Analysis and Forecast - 2020-2026 Request a free sample of our report on Global Electric Water Heater Market: https://www.omrglobal.com/request-sample/electric-water-heater-market---------------------- --------------------------------------------------------------------------------------------- Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +91 780-304-0404
The global market for electric water heater is projected to have considerable CAGR of around 5.4% during the forecast period. The major factor driving the market of electric water heater is that the electric heater do not having the danger of exploding as compare to gas water heater. In addition to this, electric water heaters allow hassle free installation leading to the increase in market growth for electric water heaters. Request a free sample of our report on Global Electric Water Heater Market: https://www.omrglobal.com/request-sample/electric-water-heater-market Electric water heaters consume less space as compared to conventional gas water heaters boosting the demand of electric water heater market. Furthermore, electric water heaters can be equipped with AI such as auto-timer. Moreover, Electric immersion water heaters are being significantly utilized for industrial applications due to robust and efficient heating. In addition, it has its own electricity supply and is not dependent on boilers to work. The rising application of electric water heater in commercial and industrial sector further provides significant opportunity to the market. A full report of Global Electric Water Heater Market Is available at https://www.omrglobal.com/industry-reports/electric-water-heater-market Global Electric Water Heater Market Segmentation By Product Type Tankless Water Heater Storage Water Heater By Application Residential Commercial Industrial Regional Analysis North America oUnited States oCanada
Europe oUK oGermany oItaly oSpain oFrance oRest of Europe Asia-Pacific oChina oIndia oJapan oRest of Asia-Pacific Rest of the World Company Profiles A.O. Smith Corp. Ariston Thermo SpA ATC Electrical and Mechanical, Ltd. Bajaj Electricals Ltd. Bandini Scaldabagni SpA Bradford White Corp. Crompton Greaves Consumer Electricals Ltd. General Electric Co. Haier electronics group Co., Ltd.
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