Tankless water heaters, also known as instantaneous or on-demand water heaters, provide hot water without using a storage tank. Like tank water heaters, tankless water heaters use either gas or electricity to operate. Cold water travels through a pipe into the unit, and either a gas burner or an electric element heats the water. Tankless water heaters can be supplementary units placed at the point of use or can replace a centralized tank water heater.
In terms of volume, the Point-of-Use segment accounts bigger market share than Whole-House, in 2012 Point-of-Use segmented accounted for about 54.51% and about 53.69% in 2017. In terms of Value, in 2012 Whole-House accounted for about 70.84% share and in 2017 Whole-House will account for about 70.93% share.
In terms of applications, residential application is bigger than commercial application, in 2012 residential application occupied about 79.05% share and in 2017 residential will occupy about 79.22% share.
According to this study, over the next five years the Tankless Electric Water Heater market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Tankless Electric Water Heater business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Tankless Electric Water Heater market by product type, application, key manufacturers and key regions and countries.
This study considers the Tankless Electric Water Heater value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Whole-House
Point-of-Use
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Residential
Commercial
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Stiebel Eltron
Rheem
Bosch
Bradford White Corporation
Eemax
Hubbell
Atmor
Eccotemp Systems
Drakken
Midea Group
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Tankless Electric Water Heater consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Tankless Electric Water Heater market by identifying its various subsegments.
Focuses on the key global Tankless Electric Water Heater manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Tankless Electric Water Heater with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Tankless Electric Water Heater submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Tankless Electric Water Heater . Industry analysis & Market Report on Tankless Electric Water Heater is a syndicated market report, published as Global Tankless Electric Water Heater Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Tankless Electric Water Heater market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.