Gas Storage Water Heaters Market
Gas Storage Water Heaters Market Global Industry Assessment & Forecast
#
Pages:
169
2021
Nov - 2021
VMR-2021-0848
Segments Covered
By
Product Small, Medium, Large
-
By
Application Residential, Commercial, Other
Snapshot
 Forecast
Years:
|
2021 - 2028 |
 Historical
Years:
|
2016 - 2020 |
 Revenue
2021: |
8.25 Billion |
 Revenue 2028:
|
13.87 Billion |
 Revenue CAGR
(2021 - 2028): |
6.71 |
Fastest Growing Region (2022 -
2028)
|
Asia Pacific |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
| Sr. No. | Offering | Report Coverage |
| 1. | Market Size | In terms of Revenue (USD Million) |
| 2. | Historic Data | 2015 to 2019 |
| 3. | Forecast Data | 2021 to 2028 |
| 4. | Market Drivers, Restraints, Opportunities, & Regional Market Trends | Yes |
| 5. | Market Attractiveness Analysis | Yes |
| 6. | Segment Analysis | Maximum Segments |
| 7. | Regional Coverage | 5 Regions |
| 8. | Country Coverage | Top 22 Countries |
| 9. | Competitive Landscape and Company Market Share Analysis | Yes. Exhaustive information will be provided in two separate chapters of Competitive Landscape and Company Profiles. |
| 10. | Porter’s Five Forces Analysis | Yes. |
| 11. | Value Chain Analysis | Yes |
| 12. | PEST Analysis | Yes |
| 13. | Regulatory Landscape | Yes |
| 14. | Technology Landscape | Yes |
| 15. | COVID-19 Impact Analysis | Yes. Exhaustive information for Key Strategies Undertaken by Companies, Impact Assessment of the COVID-19 Pandemic by Region, along with Short-term and Long-term dynamics. |
| 16. | Top startups to watch out for | Yes |
| 17. | Top 3 Trends to Watch | Yes |
| 18. | Top 3 Strategies Followed by Major Players | Yes |
| 19. | Top 3 Predictions by Vantage Market Research | Yes |
| 20. | Discussion Guide | Yes |
| 21. | Key Primary Respondents - VERBATIM | Yes |
| 22. | Transcripts from the Primary Respondents | Additional Cost USD 1,000 |
| 23. | Others/Miscellaneous | |
Research Methodology: Gas Storage Water Heaters Market - Global Market Assessment, 2021 - 2028
We at Vantage Market Research, employ comprehensive methodology for each market study, and Gas Storage Water Heaters Market is not an exception. Moreover, Vantage Market Research utilizes tried and tested approaches to arrive at market-related projections. The research methodology is based on the 3-dimensional model consisting of 3 phases namely: Secondary Research, Primary Research, and Data Triangulation. We were connected with more than 145 primary respondents adequately distributed across the five regions to procure required Gas Storage Water Heaters market-related information.
Secondary Research
Primary Research:
The next stage involves the primary research conducted to gather further information and revalidate the data collected from the secondary research. Moreover, primary research is also conducted to identify key players in the market and to gather their market-specific financial information. A typical primary interview fulfills the following data requirements
Data Triangulation and Market Size Estimations
At the later stage and after procuring data from secondary and primary research, top-down and bottom-up approaches are used to validate and estimate the market size of the Gas Storage Water Heaters market. After the determination of the overall market size, the market is divided into various segments and sub-segments. The data was triangulated by employing various data models and statistical techniques to arrive at exact statistics and also considering key market trends from supply as well as the demand side of the market.
FAQ
Frequently Asked Question
What is the global demand for Gas Storage Water Heaters in terms of revenue?
-
The global Gas Storage Water Heaters valued at 8.25 Billion in 2020 and is expected to reach 13.87 Billion in 2028 growing at a CAGR of 6.71%.
Which are the prominent players in the market?
-
The prominent players in the market are Bradford White Corporation, Noritz Corporation, Stiebel Eltron, Rinnai, Rheem, Electrolux, Bosch, Reliance Water Heater Company, A.O. Smith Corporation, Rinnai, Crompton Greaves Ltd, Midea Group, Heat Transfer Products Inc, Eccotemp Systems, Atmor..
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 6.71% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
-
The driving factors of the Gas Storage Water Heaters include
- The growing need to address the hot water requirements across both residential and commercial buildings along with rising demand from off-grid areas will augment the business growth thus creating a huge demand for the gas storage water heaters market during the forecast period.
- The rapid urbanization and increasing demand for energy efficient systems along with advancing product customization is further expected to fuel the growth of the gas storage water heaters market in the years to come.
Which region accounted for the largest share in the market?
-
Asia Pacific was the leading regional segment of the Gas Storage Water Heaters in 2020.
