Reports


Asia Pacific Water Heater Market, Industry / Sector Analysis Report, Regional Outlook & Competitive Market Share & Forecast, 2019 - 2025 (Includes Business Impact of COVID-19)

  • TBI829044
  • September 09, 2019
  • Global
  • 132 pages
  • HCCResearch
                                              Abstract, Snapshot, Market Analysis & Market Definition: Asia Pacific Water Heater Market
Industry / Sector Trends

Asia Pacific Water Heater Market size was valued over USD 7 billion in 2018 and is set to expand over 3.5 % by 2025.
 

China Water Heater Market Size, By Product, 2018 & 2025 (USD Million)

 

Significant funding toward infrastructure development along with rising demand for low emission, energy efficient and cost-effective water heating systems will drive the Asia Pacific water heater market growth. Ongoing economic development along with accelerating demand for electrical appliances on account of substantial upliftment in living standards will complement the business outlook. In addition, as per the India Brand Equity Foundation (IBEF), India has witnessed strong growth in deposits and savings over the past few years. In 2018, the bank deposits were estimated over USD 1.8 trillion from USD 1.6 trillion in 2017.
 

Rapid population growth along with ongoing development of smart cities will foster the Asia Pacific water heater market growth. Respective government authorities have further directed to deploy low carbon emitting systems across educational and commercial establishments. For instance, under the auspices of the Green Building Council (GBC), New Zealand has applied Australia’s Green Star environmental rating system for buildings since 2006. The system considers a range of practices for reducing the environmental impact of buildings.
 

Market Segmentation, Outlook & Regional Insights: Asia Pacific Water Heater Market

 Asia Pacific Water Heater Market, By Product

Progressing shift toward clean energy sources along with growing concerns for global climate change will drive solar water heater market growth. Respective government rebates and subsidies along with rapid evolution of renewable technologies will positively enhance the industry outlook. In 2011, the Government of Australia introduced the Renewable Energy Target (RET) scheme with an aim to fulfill 23.5% of the country’s total energy consumption through renewable resources including wind, solar and hydro-electric by 2020.
 

Simple design & low upfront cost coupled with easy maintenance are some of the key factors stimulating the demand of storage water heater market. Product assortment with availability in wide capacity range make them suitable for various residential applications. Growing development of residential communities along with growing hot water demand across commercial properties will encourage the product adoption.
 

Asia Pacific Water Heater Market, By Application

Continuous requirement of hot water primarily across kitchen and bathrooms along with increasing deployment of hydronic underfloor heating systems will propel the residential water heater market growth. Rising per capita income coupled with adoption of advanced technologies with Wi-Fi integration, remote control and monitoring along with leakage detection will instigate the product demand.
 

Growing adoption of on demand heating systems primarily across office premises along with continuous requirement of hot water across hospitals and hotels will foster the commercial water heater market. Rapid expansion of service industry along with ongoing government investments toward strengthening the infrastructure will segment the industry outlook.
 

Asia Pacific Water Heater Market, By Capacity

Japan Water Heater Market Size, By Capacity, 2018 (USD Million)

 

Prevailing mandates for the installation of energy efficient heating technologies across commercial and federal buildings coupled with expansion of corporate offices will stimulate the 100-250 liters water heater demand. Respective measures by industry players for improving the carbon footprint coupled with deployment of new power saving units will complement the business landscape.
 

Stringent industry policies toward the replacement of conventional heaters in order to minimize the standby heat losses along with requirement of cost-effective heating systems across large commercial applications will drive the 250-400 liters water heater market growth. Need for effective management and control systems owing to unnecessary water wastage across public facilities including hotels and shopping malls will complement the industry landscape.
 

Asia Pacific Water Heater Market, By Fuel

Large flow rates along with high heating output in comparison with electrical counterparts will propel the natural gas water heater market growth. Ongoing development of gas pipeline network along with substantial government investment in order to improve the gas accessibility across the region will enhance the industry outlook.
 

Water heater market by LPG was valued over USD 1 billion in 2018. Growing electricity bills along with frequent power outages will instigate the product demand. Rapid adoption across residential and small business applications will complement the business landscape.
 

Asia Pacific Water Heater Market, By Region

Australia Water Heater Market Size, By Commercial, 2018 (USD Million)

 

China water heater market was valued over USD 4 billion in 2018. Dense population along with stringent environment polices pertaining to reduction of carbon emission have instigated the need for ecofriendly heating systems. Low cost manufacturing along with rapid technological development will complement the business landscape.
 

Ongoing government developments strictly inclined toward building energy efficient infrastructure including tall building architecture, museums and others will drive the Singapore water heater market growth. Replacement of conventional units along with substantial growth across the manufacturing sector will enhance the industry outlook.
 

Extensive focus toward renewable expansion along with growing tourism industry will foster the Malaysia water heater market growth. Tropical climate along with robust solar potential have augmented the industry landscape. In addition, gaining strength across the household spending along with significant reduction in the product cost will positively enhance the industry outlook.
 

Key Players, Recent Developments & Sector Viewpoints: Asia Pacific Water Heater Market


Notable players operating across the Asia Pacific water heater market include Viessmann Group, A.O Smith, Ferroli, Bosch Thermotechnology, State Industries, Rinnai Corporation, Rheem Manufacturing, Linuo Ritter, Saudi Ceramics, Bradford White, Whirlpool, Hubbell, Ariston Thermo, Haier Electronics, Vaillant Group and Jaquar.
 

Increasing research and development funds along with partnerships with eminent technological leaders are the prime growth strategies adopted across industry. In addition, geographical expansion across developing nations along with prevailing government support through incentives and rebates have provided immense growth opportunities for new entrants.
 

Asia Pacific Water Heater Industry Viewpoint

 

The water heater operate by using immersion heating elements, controlled by thermostats which regulates the temperature inside the tank. The conventional storage heating systems include a system of tank and vent pipes, fired by either gas or electricity. The products are equipped with a pressure & temperature relief valve which automatically opens if the pressure inside the tank exceeds the critical limit, ensuring safe operations. The instant water heating systems are generally steam home heating systems which supplies hot water directly from the taps. The systems supply hot water on demand when the taps are opened activating the flow sensors in the pipes

Key Insights Covered: Exhaustive Asia Pacific Water Heater Market
1.  Market size (sales, revenue and growth rate) of Asia Pacific Water Heater industry.
2. Global major manufacturers' operating situation (sales, revenue, growth rate and gross margin) of Asia Pacific Water Heater industry.
3. SWOT analysis, New Project Investment Feasibility Analysis, Upstream raw materials and manufacturing equipment & Industry chain analysis of Asia Pacific Water Heater industry.
4. Market size (sales, revenue) forecast by regions and countries from 2019 to 2025 of Asia Pacific Water Heater industry.

Research Methodology: Asia Pacific Water Heater Market
  • Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request a Sample Report.
  • Demand Side Primary Contributors: OEMs, Industrial Professionals, Researches, Suppliers and Distributors, Group Purchasing Organizations, Associations, Insurers, Universities, Technological Writers, Scientists, Promoters, Investors among others.
  • Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among others.

1 Report Overview
    1.1 Research Scope
    1.2 Major Manufacturers Covered in This Report
    1.3 Market Segment by Type
        1.3.1 Global Asia Pacific Water Heater Market Size Growth Rate by Type (2019-2025)
    1.4 Market Segment by Application
        1.4.1 Global Asia Pacific Water Heater Market Share by Application (2019-2025)
    1.5 Study Objectives
    1.6 Years Considered

2 Global Growth Trends
    2.1 Production and Capacity Analysis
        2.1.1 Global Asia Pacific Water Heater Production Value 2014-2025
        2.1.2 Global Asia Pacific Water Heater Production 2014-2025
        2.1.3 Global Asia Pacific Water Heater Capacity 2014-2025
        2.1.4 Global Asia Pacific Water Heater Marketing Pricing and Trends
    2.2 Key Producers Growth Rate (CAGR) 2019-2025
        2.2.1 Global Asia Pacific Water Heater Market Size CAGR of Key Regions
        2.2.2 Global Asia Pacific Water Heater Market Share of Key Regions
2.3 Industry Trends
        2.3.1 Market Top Trends
        2.3.2 Market Drivers

3 Market Share by Manufacturers
    3.1 Capacity and Production by Manufacturers
        3.1.1 Global Asia Pacific Water Heater Capacity by Manufacturers
        3.1.2 Global Asia Pacific Water Heater Production by Manufacturers
    3.2 Revenue by Manufacturers
        3.2.1 Asia Pacific Water Heater Revenue by Manufacturers (2014-2019)
        3.2.2 Asia Pacific Water Heater Revenue Share by Manufacturers (2014-2019)
        3.2.3 Global Asia Pacific Water Heater Concentration Ratio
    3.3 Asia Pacific Water Heater Price by Manufacturers
    3.4 Key Manufacturers Asia Pacific Water Heater Plants/Factories Distribution and Area Served
    3.5 Date of Key Manufacturers Enter into Asia Pacific Water Heater Market
    3.6 Key Manufacturers Asia Pacific Water Heater Product Offered
    3.7 Mergers & Acquisitions, Expansion Plans

4 Market Size by Type
    4.1 Production and Production Value for Each Type
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