A latest research report Commercial Water Heater Market Size Share & Industry Analysis, By Type , By Industry And Regional Forecast 2022-2028 represents an in depth overview of the present market situation and forecast till 2028 . The energy and power industry is a highly regulated one, wherein regulatory uncertainties frequently obstruct the smooth sail of companies. It is currently undergoing rapid transformation, with governments adopting initiatives to curb dependence on non-renewable and traditional sources of energy.
Scope of the Report:
The global commercial water heater market size was USD 5.59 billion in 2020. The market is projected to grow from USD 5.98 billion in 2021 to USD 8.69 billion in 2028 at a CAGR of 5.5% in the 2021-2028 period.
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Key Industry Development:
June 2020 – A.O. Smith has announced the launch of 20 new commercial heat pumps models. The new product line will provide contractors, engineers, and architecture with their customers an innovative, reliable, and energy-efficient answer for large commercial applications.
June 2019 – Rheem, a global water heating and HVAC manufacturer, has announced its partnership with United Illuminating (UI), a subsidiary of AVANGRID Inc., and EnergyHub. As a part of the program, UI has utilized the EnergyHub mercury distributed energy resource management system (DERMS) to aggregate; Rheem developed an intelligent heat pump heater for demand response events.
Commercial Water Heater Market Report Scope:
|Market size available for years
|Base year considered
||Revenue in USD million and CAGR from 2022 to 2028
||Types, Applications, End-Users, and more.
||Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, and Trends
||Report customization with purchase. Addition or alteration to country, regional & segment scope.
|Pricing and purchase options
||Avail of customized purchase options to meet your exact research needs. Explore purchase options
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The study provides analysis on market participants including
- O. Smith (U.S.)
- Rinnai Corporation (Japan)
- Rheem Manufacturing (Scotland)
- Ariston Thermo spA (Italy)
- Racold (India)
- Midea Group (China)
- Nibe Corporation (Sweden)
- Nortiz Corporation (Japan)
- Hubbell (U.S.)
- Valliant (Germany)
- Lowe’s (U.S.)
- Bradford White Corporation (U.S.)
- Flexiheat UK Ltd. (U.K.)
- Daikin Industries (Japan)
COVID-19 scenario analysis
The lockdown has forced governments to impose several regulations to restrain travel, and economic activities have come to a standstill except the activities associated with crucial goods and services. However, governments support the energy and power industry is now considered to be a basic necessity. also, many companies are significantly investing in the production of Energy and Power. All these factors are greatly fueling the growth of the Commercial Water Heater Market amidst the pandemic period.
Stepping into a Post-COVID Economy: How Energy and Power Industry Will Play an Essential Role in its Recovery. Download eBook.
The research examines the market competitiveness of the top companies, as well as their biographies, market prices, and channel characteristics. A thorough market analysis considers a number of elements, such as a country’s demographic and business cycles, as well as market-specific microeconomic implications. In terms of regional competitive advantage and the competitive landscape of major firms, the study identified a shift in market paradigms. Players have employed a variety of strategies to expand Commercial Water Heater Market penetration and strengthen their positions, including product line development, mergers and acquisitions, agreements, regional expansion, and collocation.
Detailed TOC of Global Commercial Water Heater Market Report 2022
Commercial Water Heater Market Introduction and Market Overview
- Objectives of the Study
- Overview of Commercial Water Heater Market
- Commercial Water Heater Market Market Scope and Market Size Estimation
- Market Concentration Ratio and Market Maturity Analysis
- Global Commercial Water Heater Market Revenue and Growth Rate
- Types of Commercial Water Heater Market
- Applications of Commercial Water Heater Market
- Research Regions
- Market Dynamics
- Commercial Water Heater Market Industry Trends
- Commercial Water Heater Market Drivers
- Commercial Water Heater Market Market Challenges
- Commercial Water Heater Market Market Restraints
- Industry News and Policies by Regions
- Industry News
- Industry Policies
- Mergers & Acquisitions, Expansion Plans
- Commercial Water Heater Market Development Trends under COVID-9 Outbreak
- Global COVID-9 Status Overview
- Influence of COVID-9 Outbreak on Commercial Water Heater Market Industry Development
Industry Chain Analysis
- Upstream Raw Material Supply and Demand Analysis
- Global Commercial Water Heater Market Major Upstream Raw Material and Suppliers
- Raw Material Source Analysis
- Major Players of Commercial Water Heater Market
- Major Players Manufacturing Base of Commercial Water Heater Market
- Major Players Market Distribution
- Commercial Water Heater Market Manufacturing Cost Structure Analysis
- Production Process Analysis
- Manufacturing Cost Structure of Commercial Water Heater Market
- Market Channel Analysis of Commercial Water Heater Market
- Major Down Stream Customers by Application
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