© 2016 Global Market Insights, Inc. USA. All Rights Reserved Gas Water Heater Market Share, Regional Outlook & Forecast Gas Water Heater Market Size By Product (Storage, Tankless), By Application (Residential, Commercial {College/Universities, Office, Government/Military}, Industrial), Industry Analysis Report, Regional Outlook, Price Trends, Competitive Market Share & Forecast, 2017 – 2024
© 2016 Global Market Insights, Inc. USA. All Rights Reserved Gas Water Heater Market size will exceed USD 9 billion by 2024, as reported in the latest study by Global Market Insights, Inc. Stringent government norms toward integration of energy efficient products coupled with growing demand for refurbishment of existing heating pipelines and systems will drive the gas water heater market size. Regulatory reforms pertaining to enhanced product efficiencies along with increasing consumer awareness towards emission control will further enhance the industry outlook. In 2017, Government of Canada enacted the federal Energy Efficiency Regulations 2016 to amend the existing mandates. Global Market Scenario of Gas Water Heater
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved Residential gas water heater market in 2016, was valued over 25 million units. Ongoing residential establishments across developing countries favoured by rising infrastructural investments will stimulate the product demand. Advancing real estate sector coupled with growing demand for refitting of existing infrastructure will foster the product penetration. Rapid technological advancements along with increasing measures to reduce product standby losses will further thrust the industry growth. Products Insights
© 2016 Global Market Insights, Inc. USA. All Rights Reserved Growing demand for refurbishment of the conventional systems along with increasing demand for low emission heating units will foster the U.S. gas water heater market. Increasing investments towards development of customized products favoured by integration of smart temperature control devices will positively influence the business outlook. Germany gas water heater market share is predicted to witness gain over 1% by Growing environmental constraints coupled with increasing adoption of advanced heating technologies will foster the business landscape. Favorable government initiatives along with growing consumer awareness toward ecological balance will further stimulate the product demand. Notable players in Gas Water Heater Market include Rinnai, A.O. Smith, Rheem, Bradford White, American Water Heaters, State Water Heaters, Kenmore, US Craft Master, Reliance Water Heaters, Whirlpool, Noritz, Lochinvar, Racold, Ferroli, and V-guard. Regional and Competitive Insights
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