Smart connected residential water heaters are used to increase the temperature of water for household usage and can be operated from smartphones and other Internet-enabled devices through the Internet. Users can control and monitor these through specific mobile applications by using wireless connections such as Wi-Fi, NFC, and Bluetooth technologies.
The Wi-Fi segment accounted for the major shares of the smart connected residential water heater market. Factors such as the increasing adoption of Wi-Fi enabled smart water heaters in developed countries and the rise in usage of smartphones, will contribute to the growth of this industry segment in the coming years.
The offline segment will hold the maximum shares of the smart connected residential water heater market until 2023. The high preference of customers for physical stores in emerging economies such as India and China owing to the provision to view and feel the products, will drive the growth of the market in this segment.
In 2019, the market size of Smart Connected Residential Water Heater is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Smart Connected Residential Water Heater.
This report studies the global market size of Smart Connected Residential Water Heater, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Smart Connected Residential Water Heater production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
A.O.Smith
Robert Bosch
Whirlpool
Rheem Manufacturing
Haier
Midea Group
Rinnai
...
Market Segment by Product Type
Wi-Fi
Bluetooth
Other
Market Segment by Application
Online Channel
Offline Channel
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Smart Connected Residential Water Heater status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Smart Connected Residential Water Heater manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Smart Connected Residential Water Heater are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Smart Connected Residential Water Heater. Industry analysis & Market Report on Smart Connected Residential Water Heater is a syndicated market report, published as Global (United States, European Union and China) Smart Connected Residential Water Heater Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Smart Connected Residential Water Heater market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.