China water heater market is anticipated to grow at a CAGR 6.5 % during the forecast period. The factor such as increasing disposable income, rising urbanization, and rising adoption energy efficient energy source coupled with the adoption of solar water heater propelling the china water heater market. The market for the water heater in China on rising through online and offline sales. With the adoption of high-end large and smart capacity products, the water heater witnessing customization and technological development in the region that propel the market growth. Moreover, a growing urban population coupled with disposable income raises the installation of the water heating solutions in urban areas.
Get Free Sample link @ https://www.omrglobal.com/request-sample/china-water-heater-market
According to the World Bank data, in 2017 China urban population was accounted for 57.9% of the total population from 56.7% of the total population in 2016. In recent years many local governments in China have implemented compulsory policies of installing solar water heating systems integrated into new buildings. Further, system quality and capacity become a very important problem. Therefore, a complete supervision system for quality control to solar water heating systems integrated into buildings during the whole construction procedure has been formed gradually in China that propel the market growth in china.
full report of China Water Heater Market available @ https://www.omrglobal.com/industry-reports/china-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
China Water Heater Market by Energy Source
- Gas
- Electricity Water Heaters
- Hybrid Water Heaters
- Solar Water Heaters
China Water Heater Market by Mode of Water Supply
- On-Demand Or Tankless Water Heaters
- Storage Or Tank Water Heaters
China Water Heater Market by End-User
- Residential
- Commercial
- Industrial
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 China 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 China Water Heater market.
- Insights about market determinants which are stimulating the China 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/china-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
