Research and Markets (http://www.researchandmarkets.com/research/r8j2s5/global_water) has announced the addition of the "Global Water Heater Market 2014-2018 with A.O. Smith Corp., Rheem Manufacturing Co., GE Co., and Siemens Dominating" report to their offering.
The Global Water Heater market to grow at a CAGR of 5% to 2018.
The Global Water Heater market is driven by several growth factors, one of which is the increasing demand for tank-less water heaters. These water heaters are increasingly being adopted by end-users as they are more energy-efficient than conventional water heaters and they require less installation space.
The Global Water Heater market is witnessing emerging demand for hybrid water heaters due to their energy-efficiency, which conventional water heaters lack. They also use the latest technology and consume less energy. Thus, the increasing demand for hybrid water heaters is expected to increase the overall potential in the Global Water Heater market during the forecast period.
Further, the report states that the high threat of rivalry is one of the major challenges in the market. Post the global economic recession, the market has been witnessing a steady growth rate, enabling vendors to have a good market presence and provide water heaters at competitive prices.
Key vendors dominating this space are:
- A. O. Smith Corp
- Rheem Manufacturing Co.
- GE Co.
- Siemens AG.
Other vendors mentioned in the report are:
- Ariston Thermo SPA
- Bajaj Electricals Ltd.
- Bradford White Corp
- Crompton Greaves Ltd
- Haier Water Heater Co. Ltd.
- Heat Transfer Products Inc
- Noritz Corp.
- Rinnai Corp.
Key Topics Covered:
- Executive Summary
- List of Abbreviations
- Scope of the Report
- Market Research Methodology
- Introduction
- Market Landscape
- Product Segmentation
- Geographical Segmentation
- Market Size and Forecast
- Market Size and Forecast
- Market Size and Forecast
- Buying Criteria
- Market Growth Drivers
- Drivers and their Impact
- Market Challenges
- Impact of Drivers and Challenges
- Market Trends
- Trends and their Impact
- Vendor Landscape
- Key Vendor Analysis
For more information visit http://www.researchandmarkets.com/research/r8j2s5/global_water
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Laura Wood, Senior Manager.
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Sector: Engineering