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The Water Heaters Global Market Report 2020-30 by The Business Research Company describes and explains the global water heaters market and covers 2015 to 2020, termed the historic period, and 2020 to 2025, termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.
The Water Heaters Global Market Report 2021 covers water heaters market drivers, water heaters market trends, water heaters market segments, water heaters market growth rate, water heaters market major players, and water heaters market size.
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The water heaters market report provides an in-depth analysis of the impact of COVID-19 on the global water heaters industry, along with revised market numbers due to the effects of the coronavirus and the expected water heaters market growth numbers 2021-2030.
Water Heaters Global Market Report 2021 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
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The global water heaters market is expected to grow from $38.59 billion in 2020 to $42.68 billion in 2021 at a compound annual growth rate (CAGR) of 10.6%. The market is expected to reach $62.05 billion in 2025 at a CAGR of 10%.
The report covers the water heater market segments-
1) By Product Type: Solar Heaters, Electric Heaters, Gas And Propane Heaters, Geothermal Heaters.
2) By End User: Residential, Commercial, Industrial.
3) By Distribution Channel: Supermarket/Hypermarket, Specialty Stores, E-Commerce, Others (Wholesalers, Distributors).
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