Tankless Electric Water Heater Consumption Market Synopsis:
In this report, LP Information covers the present scenario with the base year being 2017 and the growth prospects of global Tankless Electric Water Heater market for 20182023.
Tankless water heaters, also known as instantaneous or ondemand water heaters, provide hot water without using a storage tank. Like tank water heaters, tankless water heaters use either gas or electricity to operate. Cold water travels through a pipe into the unit, and either a gas burner or an electric element heats the water. Tankless water heaters can be supplementary units placed at the point of use or can replace a centralized tank water heater.
In terms of volume, the PointofUse segment accounts bigger market share than WholeHouse, in 2012 PointofUse segmented accounted for about 54.51% and about 53.69% in 2017. In terms of Value, in 2012 WholeHouse accounted for about 70.84% share and in 2017 WholeHouse will account for about 70.93% share.
In terms of applications, residential application is bigger than commercial application, in 2012 residential application occupied about 79.05% share and in 2017 residential will occupy about 79.22% share.
Over the next five years, LPILP Information projects that Tankless Electric Water Heater will register a xx% CAGR in terms of revenue, reach US$ xx million by 2023, from US$ xx million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Tankless Electric Water Heater market by product type, application, key manufacturers and key regions.
To calculate the market size, LP Information considers value and volume generated from the sales of the following segments:
Segmentation by product type:
WholeHouse
PointofUse
Segmentation by application:
Residential
Commercial
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
Stiebel Eltron
Rheem
Bosch
Bradford White Corporation
Eemax
Hubbell
Atmor
Eccotemp Systems
Drakken
Midea Group
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Tankless Electric Water Heater consumption value & volume by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Tankless Electric Water Heater market by identifying its various subsegments.
Focuses on the key global Tankless Electric Water Heater manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Tankless Electric Water Heater with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market growth potential, opportunities, drivers, industryspecific challenges and risks.
To project the consumption of Tankless Electric Water Heater submarkets, with respect to key regions along with their respective key countries.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
