Asia-pacific water heater market is anticipated to grow at a CAGR 6.6% during the forecast period. Asia-Pacific includes several emerging economies is seen as the high potential market for the water heater companies to invest. The growth of the Asia-Pacific market is being primarily driven by China, Japan, and India’s solar panel market. Australia, South Korea, and Taiwan are the key regions growing at a significant rate due to increasing demand for solar water heater coupled with rising installations. The growing trend towards green energy resources has also influenced the growth within the region at an extensive level. Partnerships with other countries have also played a vital role in the growing installations within the region. Therefore, these factors fuel the growth of the Asia-pacific water heater market.
Get Free Sample link @ https://www.omrglobal.com/request-sample/asia-pacific-water-heater-market
Asia-Pacific water heater market is segmented into China, Japan, India, and rest of Asia-Pacific. China holds the highest market share in the Asia-Pacific water heater market. India is estimated to grow with the considerable growth during the forecast period. The Asia-pacific water heater market is segmented on the basis of energy source, mode of water supply and end-user. The solar water heaters are the largest market share in the Asia-pacific water heater market during the forecast period.
full report of Asia-Pacific Water Heater Market available @ https://www.omrglobal.com/industry-reports/asia-pacific-water-heater-market
- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Asia-Pacific Water Heater Market by Energy Source
- Gas
- Electricity Water Heaters
- Hybrid Water Heaters
- Solar Water Heaters
Asia-Pacific Water Heater Market by Mode of Water Supply
- On-Demand Or Tankless Water Heaters
- Storage Or Tank Water Heaters
Asia-Pacific Water Heater Market by End-User
- Residential
- Commercial
- Industrial
Regional Analysis
- Asia-Pacific
- India
- China
- Japan
- Rest of Asia-Pacific
Company Profiles
- O. Smith Corp.
- Bajaj Electricals Ltd.
- Crompton Greaves Consumer Electricals Ltd.
- Haier electronics group Co., Ltd.
- Himin Solar Group Co., Ltd.
- Havells India Ltd.
- JiaxingJinyi Solar Energy Technology Co., Ltd.
- Hangzhou Kangquan Water Heater Co., Ltd.
- Rinnai Corp.
- Racold Thermo Pvt. Ltd.
- Venus home appliance
The Report Covers
- Comprehensive research methodology of the Asia-Pacific Water Heater market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the Asia-Pacific Water Heater market.
- Insights about market determinants which are stimulating the Asia-Pacific Water Heater market.
- Detailed and extensive market segments with regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/asia-pacific-water-heater-market
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404
