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Global Geysers Market 2016-2020

About Geysers

Geysers work on the principles of thermodynamics and are widely used both in the residential as well as commercial sectors. Based on the source of energy that is used to heat water, geysers can be classified into different types: electric, gas, solar, and geothermal.

Technavio’s analysts forecast the global geysers market to grow at a CAGR of 8.25% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global geysers market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of geysers in both residential and commercial segments.The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Geysers Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • A. O. Smith
  • Bajaj Electricals
  • Bradford White
  • Rheem Manufacturing
  • Venus Home Appliances
Other prominent vendors
  • Ariston Thermo
  • Bosch
  • Crompton Greaves
  • Eccotemp Systems
  • Eldominvest
  • Electrolux
  • Haier
  • Heat Transfer Products
  • Hubbell
  • Midea Group
  • Noritz
  • Rinnai
Market driver
  • Developing residential housing sector
  • For a full, detailed list, view our report
Market challenge
  • Need to follow stringent regulatory standards
  • For a full, detailed list, view our report
Market trend
  • Demand for hybrid geysers
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 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?


Press Release

Technavio Announces the Publication of its Research Report – Global Geysers Market 2016-2020

Technavio recognizes the following companies as the key players in the global geysers market: A. O. Smith, Bajaj Electricals, Bradford White, Rheem Manufacturing, and Venus Home Appliances.

Other Prominent Vendors in the market are: Ariston Thermo, Bosch, Crompton Greaves, Eccotemp Systems, Eldominvest, Electrolux, Haier, Heat Transfer Products, Hubbell, Midea Group, Noritz, and Rinnai.

Commenting on the report, an analyst from Technavio’s team said: “Emergence of smart geysers is a key trend leading to the market growth. The development of smart geysers, which are manufactured with the latest technological advancements and have added features and functionalities, is key to the growth of the market. These smart geysers have generated a lot of demand in recent times, especially from consumers who prefer products that have the latest technologies incorporated. This will have a positive impact on the market's growth over the next five years.”

According to the report, growing consumer preference for heat pump geysers is a major key driver for the market growth. Geysers that are manufactured using the heat pump technology are more energy-efficient than traditional electric geysers. This factor is the main reason behind their increasing demand, especially from the residential sector. Traditional electric resistance water heating devices are both inefficient and expensive. Heat pump geysers, on the other hand, offer high efficiency at low operating costs, like natural gas storage geysers.

Further, the report states that high installation and maintenance costs will be a challenge for the market.

Companies Mentioned

A. O. Smith, Bajaj Electricals, Bradford White, Rheem Manufacturing, Venus Home Appliances, Ariston Thermo, Bosch, Crompton Greaves, Eccotemp Systems, Eldominvest, Electrolux, Haier, Heat Transfer Products, Hubbell, Midea Group, Noritz, Rinnai.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
  • Market landscape
    • Market overview
      • Table Global geysers market: Overview
    • Market size and forecast
      • Table Global geysers market 2015-2019 ($ billions)
    • Five forces analysis
  • Market segmentation by storage
    • Market overview
      • Table Global geysers market by storage type 2015-2020
    • Global storage geysers market
      • Table Global storage geysers market 2015-2020 ($ billions)
    • Global non-storage/tankless geysers market
      • Table Global non-storage/tankless geysers market 2015-2020 ($ billions)
  • Market segmentation by end-user
    • Market overview
      • Table Global geysers market by end-user 2015-2020 (%)
    • Global geysers market by end-user: Residential segment
      • Table Global geysers market by end-user: Residential segment 2015-2020 ($ billions)
    • Global geysers market by end-user: Commercial segment
      • Table Global geysers market by end-user: Commercial segment 2015-2020 ($ billions)
  • Market segmentation by product type
    • Market overview
      • Table Global geysers market by product type 2015-2020 (%)
    • Global electric geysers market
      • Table Global electric geysers market 2015-2020 ($ billions)
    • Global gas geysers market
      • Table Global gas geysers market 2015-2020 ($ billions)
    • Global non-electric geysers market
      • Table Global non-electric geysers market 2015-2020 ($ billions)
  • Geographical segmentation
    • Market overview
      • Table Global geysers market by geography 2015-2020 (%)
    • Geysers market in EMEA
      • Table Geysers market in EMEA 2015-2020 ($ billions)
    • Geysers market in APAC
      • Table Geysers market in APAC 2015-2020 ($ billions)
    • Geysers market in Americas
      • Table Geysers market in Americas 2015-2020 ($ billions)
  • Key leading countries
    • US
    • China
    • Japan
  • Market drivers
    • Growing consumer preference for heat pump geysers
    • Demand for tankless geysers
    • Developing residential housing sector
    • Need for geysers that use renewable energy
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Insufficient supply and increasing prices of electricity
      • Table World electricity consumption per capita 2008-2012
      • Table Electricity prices for US residential and commercial sectors (cents per kWh)
    • High installation and maintenance costs
    • Need to follow stringent regulatory standards
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Emergence of smart geysers
    • Demand for hybrid geysers
  • Vendor landscape
    • Competitive scenario
  • Key vendor analysis
    • A. O. Smith
      • Table A. O. Smith: Business segmentation by revenue 2015
      • Table A. O. Smith: Business segmentation by revenue 2014 and 2015 ($ millions)
      • Table A. O. Smith: Geographical segmentation by revenue 2015
    • Bajaj Electricals
      • Table Bajaj Electricals: Business segmentation by revenue 2014
    • Bradford White
    • Rheem Manufacturing
    • Venus Home Appliances
    • Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

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