Indian water heater market is anticipated to grow at a CAGR 10.4% during the forecast period. India is regarded as one of the fastest growing economies across the globe; therefore, it contributes a significant contribution to the water heater market. The increasing urban population coupled with the growing adoption of the solar water systems contributing to the growth of the market in the region.
(Get 15% Discount on Buying this Report)
Get Report Sample Copy @ https://www.omrglobal.com/request-sample/indian-water-heater-market
According to the World Bank data, India accounted for 33.1% urban population in 2016 that increased to 33.6% in 2017. With the trend of growing urbanization and increasing disposable income raises the demand for advanced and smart features in the residential and commercial segment in terms of water heating that propel the market growth in the market. Moreover, increasing installation of solar water heating system is propelling the growth of the market in the region. The IEA (International Energy Agency) Technology Collaboration Programme on Solar Heating and Cooling increases the number of systems installations in India by 26% in 2017.
A Full Report of Global IoT Sensors Market is Available at: https://www.omrglobal.com/industry-reports/indian-water-heater-market
Market Segmentation
Indian Water Heater Market by Energy Source
- Gas
- Electricity Water Heaters
- Hybrid Water Heaters
- Solar Water Heaters
Indian Water Heater Market by Mode of Water Supply
- On-Demand Or Tankless Water Heaters
- Storage Or Tank Water Heaters
Indian 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.
Reasons to Buying From us –
- We cover more than 15 major industries, further segmented into more than 90 sectors.
- More than 120 countries are for analysis.
- Over 100+ paid data sources mined for investigation.
- Our expert research analysts answer all your questions before and after purchasing your report.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/indian-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.
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
