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Water Heater Market Share
- Report ID: GMI2831
- Published Date: Mar 2023
- Report Format: PDF
Water Heater Market Share
Key participants operating in the global water heater industry are :
- Toshiba Lifestyle Products and Services Corporation
- Groupe Atlantic
- AERCO
- Thermex Corporation
- JOVEN Electric Co. Sdn.
- Jaquar India
- Panasonic Philippines
- Viessmann
- Vaillant Group International GmbH
- Rheem Manufacturing Company
- Racold
- GE Appliances
- Bradford White Corporation
- Bosch Thermotechnology
- Ariston Holding N.V., A. O. Smith
- and Havells India Ltd.
These firms are integrating strategies such as business expansions to increase their customer base in the industry.
Frequently Asked Questions (FAQ) :
The market size of water heater crossed USD 32.28 billion in 2023 and will exhibit more than 5.3% gains through 2032, considering the emphasis on energy-efficient heating system development.
The instant segment is set to reach over 104 million units by 2032, owing to the high energy savings, easy installation, low energy, and other attributes.
The APAC market value is anticipated to surpass USD 15.5 billion by 2032, due to rapid urbanization and growing consumer spending on advanced heating technologies.
Key players in the water heater industry include Toshiba Lifestyle Products and Services Corporation, Groupe Atlantic, AERCO, Thermex Corporation, Panasonic Philippines, GE Appliances, Bradford White Corporation, A. O. Smith, and Havells India Ltd., among others.
Water Heater Market Scope
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