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Tankless Water Heater Market Size Estimates and Forecasts, by Energy Source (Gas and Electric), by End-Use (Residential and Commercial) - Global opportunity Analysis and Industry Forecast 2019-2025

Description

Global tankless water heater Industry valued approximately USD 3.21 billion in 2016 is likely to grow with a healthy CAGR of more than 7% over the forecast period 2019-2025. Rapid development in tankless water heating technologies along with the declining price trend of tankless water heaters are some of the major reason behind the growth of the Industry.

These heaters offer high energy efficiency, no standby energy losses and compact designs. These water heaters can be easily installed at any point of use applications such as bathing and washing purposes. Owing to such advantages, these are significantly popular among the commercial places with irregular demand for hot water. The Industry has been segmented upon energy sources, end-use and regions.

Tankless Water Heater Industry Share and Size by 2019-2025
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Tankless Water Heater Market Segmentation:
By Energy Source:
* Electric
* Gas

By End-Use
* Commercial
* Residential

By Region
* North America
- USA
- Canada
* Europe
- Germany
- U.K.
- France
- Italy
- Rest of Europe
* APAC
- China
- India
- Japan
- Rest of Asia-Pacific
* RoW
- Latin America
- Middle East & Africa

Major Market Players in Tankless Water Heater Market are as follows:
A.O. Smith Corporation
American Tankless Water Heater
Ariston Therm - SpA
Havells India Ltd.
Kenmore
Rheem Manufacturing
Eemax Tankless Water Heaters

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