Water Heaters Global Market Report 2022 by The Business Research Company is the most comprehensive report available on the market, being wide-ranging both in terms of chronology and geography. It covers the historic period – 2016-2021, and the forecast period – 2022-2026, with additional forecasts for 2026-2031. The report helps gain a truly global perspective as it covers 60 geographies, focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
TBRC’s market report includes a chapter on the COVID-19 impact on the water heaters industry, which gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market and how companies can strategize to bounce back from it. With updated market numbers according to the effects of the coronavirus, the report provides the most accurate expected water heaters market growth numbers from 2022-2031.
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The global water heaters market is expected to grow from $29.47 billion in 2021 to $34.34 billion in 2022 at a compound annual growth rate (CAGR) of 16.5%. The growth in the market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The water heater market is expected to reach $53.58 billion in 2026 at a CAGR of 11.8%.
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The Water Heaters Global Market Report 2022-31 by The Business Research Company evaluates water heaters market size, growth rate, drivers, water heaters industry trends, and major companies.
The water heaters market segments in the report are:
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
The table of contents in TBRC’s water heaters market report includes:
1. Executive Summary
2. Water Heaters Market Characteristics
3. Water Heaters Market Trends And Strategies
4. Impact Of COVID-19 On Water Heaters
5. Water Heaters Market Size And Growth
….
26. Africa Water Heaters Market
27. Water Heaters Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Water Heaters Market
29. Water Heaters Market Future Outlook and Potential Analysis
30. Appendix
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