Electric Water Heaters refers to electricity as an energy source for heating water heater.
Increasing government initiatives to improve rural infrastructure and uninterrupted electricity availability in these areas is expected to provide new opportunities to market growth.
Market Analysis and Insights: Global and United States Electric Water Heaters Market
This report focuses on global and United States Electric Water Heaters QYR Global and United States market.
The global Electric Water Heaters market size is projected to reach US$ 27430 million by 2026, from US$ 20610 million in 2020, at a CAGR of 4% during 2021-2027.
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The major vendors covered:
- Bajaj Electricals
- Bradford White
- Crompton Greaves
- ELDOMINVEST
- Ferroli
- Haier
- Hubbell
- Noritz
- Vanward Electric
Segment by Type, the Electric Water Heaters market is segmented into
- Storage
- Non-storage
Segment by Application, the Electric Water Heaters market is segmented into
- Commercial
- Residential
A full report of Global Electric Water Heaters Market is available at: https://www.orionmarketreports.com/electric-water-heater-market/23693/
Scope of the Report
The research study analyzes the global Electric Water Heaters industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
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
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Electric Water Heaters Market Report
1. What was the Electric Water Heaters Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of Electric Water Heaters Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Electric Water Heaters Market was the market leader in 2018?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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