TechNavio's analysts forecast the Global Water Heater market to grow at a CAGR of 5.43 percent over the period 2013-2018. One of the key factors contributing to this market growth is the increasing demand for tank-less water heaters. The Global Water Heater market has also been witnessing the emerging demand for hybrid water heaters. However, the high threat of rivalry could pose a challenge to the growth of this market.
TechNavio's report, the Global Water Heater Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, the EMEA and the APAC regions; it also covers the Global Water Heater market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors dominating this space are A. O. Smith Corp., Rheem Manufacturing Co., GE Co., and Siemens AG.Other vendors mentioned in the report are Ariston Thermo SPA, Bajaj Electricals Ltd., Bradford White Corp., Crompton Greaves Ltd., Haier Water Heater Co. Ltd., Heat Transfer Products Inc., Noritz Corp., and Rinnai Corp.
Key questions answered in this report:
What will the market size be in 2018 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?