The global commercial water heater market size is expected to reach $7.7 billion by 2026 with an average annual growth rate of 6% from about $5.4 billion in 2020. Factors driving the growth of the commercial water heater market include the development and expansion of commercial sector operations across multiple regions. In addition, supporting regulations and subsidies for the use of renewable energy sources in a variety of applications are also expected to play an important role in the growth of this market during the forecast period.
A full report of Commercial Water Heater Market is available at: https://www.orionmarketreports.com/commercial-water-heater-2-market/41225/
Commercial Water Heater Market Segmentation
By Product
• Instant
• Storage
By Capacity
• 30 Liters
• 30-100 Liters
• 100-250 Liters
• 250-400 Liters
• 400 Liters
By Application
• College/University
• Offices
• Government/Military
• Others
By Energy Source
• Electric
• Gas
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Key Questions Answered by Commercial Water Heater Market Report
• What was the Commercial Water Heater Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2019-2025).
• What will be the CAGR of Commercial Water Heater Market during the forecast period (2019-2025)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2019-2025)?
• Which manufacturer/vendor/players in the Commercial Water Heater Market was the market leader in 2018?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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