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Instant Water Heater Market by Product Type (Gas Instant Water Heaters and Electric Instant Water Heaters), Application (Commercial, Residential, and Industrial), and Distribution Channel (Supermarket & Hypermarket, Specialty Store, Convenience Store, and Online Stores): Global Opportunity Analysis and Industry Forecast, 2021–2027

A06809
Pages: 280
Jan 2021 | 997 Views
 
Author(s) : Aniket Kadam , Roshan Deshmukh
Tables: 147
Charts: 43
 

COVID-19

Pandemic disrupted the entire world and affected many industries.

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The instant water heater market size is expected to reach $2,6948.2 million in 2027 from $1,8810.6 million in 2019, owing at a CAGR of 7.70% from 2021 to 2027. Instant water heater, as the name suggests, is a device that heats water instantly. It is also known as an inline water heater or tank-less water heater. It is a heating equipment that heats water by using electricity or gas as its power source. It is different from regular water heaters as it does not store water and heats water as water passes through the device a little time. There is a water flow sensor in instant water heaters that starts automatically when it detects the water flow. These water heaters have proved to be very useful in commercial as well as household sectors, which, in turn, gives traction to the instant water heater market growth globally. There are numerous advantages of instant water heaters such as compactness and energy-saving efficiency. Hence, to improve global sales, manufacturers of instant water heaters are developing new and innovative instant water heaters, which are cost-effective in design. In accordance with the current trends, it is further anticipated that the instant water heaters market would grow exponentially during the instant water heater market forecast period.

Government regulations and strict building codes and standards toward adoption of energy efficient technologies are expected to drive demand for instant water heaters. Moreover, establishment of residential projects, coupled with rise in infrastructural investments are expected to augment the business landscape. The industry is governed with key regulations including energy efficiency directive and energy performance of buildings, eco design, and minimum energy performance standards, which have created a stringent environment for both manufacturers and end users. 

Instant-Water-Heater--Market-2021-2027

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Increased disposable income of consumers and burgeoning trends of urbanization and globalization has provided a boost to construction activities across the globe. Especially in the emerging economies, the residential construction is on the rise, creating numerous opportunities for players in the instant water heater market. Increasing population and a substantial rise in discretionary income of consumers in developing countries, such as China and India, is expected to generate new avenues of growth for players in the instant water heater market

Instant Water Heater Market
By Product Type

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The Electric instant water heaters segment would witness the fastest growth, registering a CAGR of 9.0% during the forecast.

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Innovation and technology have provided advanced devices in the instant water heater market to improve wellbeing and living standards of the population. Automation and advancements in home essentials have created an impact on minds of customers. Earlier, water heaters were leading the market, however as investments in the R&D increased improved models such as instant water heaters. 

Emerged economies serve as potential for the instant water heater market as they are untapped. Non-member nations of the Organization for Economic Co-operation and Development (OECD) comprise more than 80% of the global population; yet consume less as compared to developed economies. Countries in the Asia-Pacific and LAMEA have witnessed substantial economic growth over past few years, and as a result, it has also led to change in lifestyle. Thus, promoting growth of instant water heaters in Asia-Pacific. Emerging economies are estimated to constitute a population of more than 60% of present global population of middle class by 2020. Considering the pace of change, in China, around 3 million households had a disposable income of around $10,000 in 2000, which increased to 60 million in 2012. This number is expected to exceed 230 million by 2020. Thus, increase in middle-class population is expected to boost demand for instant water heater products, thereby augmenting growth of the instant water heater market during the forecast period.

Instant Water Heater Market
By Application

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Residential segment would witness the fastest growth, registering a CAGR of 8.4% during the forecast period.

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On the basis of product type, the gas instant water heaters segment accounted for the maximum instant water heater market share in 2019. This is attributed to abundant natural gas resources along with availability of piped natural gas for both commercial and residential customers. Increase in demand for replacement of conventional systems, coupled with adoption of low emission heating appliances is expected to amplify the growth  of instant water heater industry.

On the basis of application, the residential segment accounted for the maximum market share in 2019. This is attributed to rise in population along with growth in urbanization across Asia-Pacific. Surge in residential building construction projects and customer focus toward minimizing energy bills have led to deployment of energy efficient heating appliances. Ease of installation, low power consumption and minimal maintenance are some of the vital parameters, which is expected to facilitate the product adoption. Furthermore, ongoing development of green buildings, coupled with growing execution of smart city projects is anticipated to augment the business landscape.

Instant Water Heater Market
By Distribution Channel

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Online sales channel segment would witness the fastest growth, registering a CAGR of 10.9% during the forecast period.

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On the basis of distribution channel, the supermarkets and hypermarkets store segment accounted for the maximum market share in 2019. This is attributed as supermarkets and hypermarkets provide ease of purchase to its customers. It offers different types of water heaters such as gas, instant, storage, and solar of various brands with unique features in each brand product. Customers can choose from a wide variety of products in one shop and do not have to visit numerous shops of different brands. Therefore, this saves a lot of time and energy of consumers. Hence, supermarkets and hypermarkets drive sales of instant water heaters.

Players operating in the instant water heater industry have adopted new product launch as their key developmental strategy to expand their share in instant water heater market, increase profitability, and remain competitive. The key companies profiled in the report include A.O. Smith Corporation, Ariston Thermo S.P.A., Bradford White Corporation, General Electric Company, Ferroli S.P.A, Havells India Ltd, Nihon Itomic Co., Ltd, Rheem Manufacturing Company, Vaillant Group, and Whirlpool Corporation.

Instant Water Heater Market
By Region

2027
North America 
Europe
Asia-pacific
Lamea

Asia-Pacific segment would witness the fastest growth, registering a CAGR of 10.0% during the forecast period.

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Key Benefits For Stakeholders

  • The report provides a quantitative analysis of the current instant water heater market trends, estimations, and dynamics of the market size from 2019 to 2027 to identify the prevailing opportunities.
  • Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier–buyer network.
  • In-depth instant water heater market analysis and the market size and segmentation assist to determine the prevailing instant water heater market opportunity.
  • The major countries across globe are mapped according to their revenue contribution to the market. 
  • The market player positioning segment facilitates benchmarking and provides a clear understanding of the present position of the market players in the instant water heater market. 

Key Market Segments

By Product Type

  • Gas instant water heaters  
  • Electric instant water heaters

By Application

  • Commercial
  • Residential
  • Industrial

By Distribution Channel 

  • Supermarket and Hypermarket
  • Specialty Store
  • Convenience Store
  • Online Stores
 

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology

1.4.1.Primary research
1.4.2.Secondary research
1.4.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.Key findings of the study
2.2.Key findings

2.2.1.Top investment pockets

2.3.CXO perspective

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.Porter’s five forces analysis
3.3.Top player positioning, 2019
3.4.Market dynamics

3.4.1.Drivers

3.4.1.1.Construction industry will boost residential applications of instant water heater market
3.4.1.2.Rise in numbers of hospitals & hotels and wide domestic applications
3.4.1.3.Upsurge in population and improved infrastructure in rural areas

3.4.2.Restraints

3.4.2.1.Increase in electricity prices and high operating costs of electric water heaters
3.4.2.2.Frequent outages and electricity shortage (in developing countries)

3.4.3.Opportunities

3.4.3.1.Opportunities in the unpenetrated and underpenetrated developing countries
3.4.3.2.Product innovation from the instant water heater manufactures

3.5.Value chain analysis
3.6.Parent market share
3.7.Impact of COVID-19 on global instant water heater market

CHAPTER 4:INSTANT WATER HEATER MARKET, BY PRODUCT TYPE

4.1.Overview

4.1.1.Market size and forecast

4.2.Gas instant water heaters

4.2.1.Overview
4.2.2.Key market trends, growth factors, and opportunities
4.2.3.Market size and forecast

4.3.Electric instant water heaters

4.3.1.Overview
4.3.2.Key market trends, growth factors, and opportunities
4.3.3.Market size and forecast

CHAPTER 5:INSTANT WATER HEATER MARKET, BY APPLICATION

5.1.Overview

5.1.1.Market size and forecast

5.2.Commercial

5.2.1.Overview
5.2.2.Key market trends, growth factors, and opportunities
5.2.3.Market size and forecast

5.3.Residential

5.3.1.Overview
5.3.2.Key market trends, growth factors, and opportunities
5.3.3.Market size and forecast

5.4.Industrial

5.4.1.Overview
5.4.2.Key market trends, growth factors, and opportunities
5.4.3.Market size and forecast

CHAPTER 6:INSTANT WATER HEATER MARKET, BY DISTRIBUTION CHANNEL

6.1.Overview

6.1.1.Market size and forecast

6.3.Supermarkets/hypermarkets

6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast

6.4.Specialty Store

6.4.1.Key market trends, growth factors, and opportunities
6.4.2.Market size and forecast

6.5.Convenience stores

6.5.1.Key market trends, growth factors, and opportunities
6.5.2.Market size and forecast

6.6.Online stores

6.6.1.Key market trends, growth factors, and opportunities
6.6.2.Market size and forecast

CHAPTER 7:INSTANT WATER HEATER MARKET, BY REGION

7.1.Overview

7.1.1.Market size and forecast

7.2.North America

7.2.1.Overview
7.2.2.Key market trends, growth factors, and opportunities
7.2.3.Market size and forecast, by Product Type
7.2.4.Market size and forecast, By Application
7.2.6.Market size and forecast, by Distribution Channel
7.2.7.Market size and forecast, by country

7.2.7.1.U.S.

7.2.7.1.1.Market size and forecast, by Product Type
7.2.7.1.2.Market size and forecast, By Application
7.2.7.1.3.Market size and forecast, By Distribution Channel

7.2.7.2.Canada

7.2.7.2.1.Market size and forecast, by Product Type
7.2.7.2.2.Market size and forecast, By Application
7.2.7.2.4.Market size and forecast, by Distribution Channel

7.2.7.3.Mexico

7.2.7.3.1.Market size and forecast, by Product Type
7.2.7.3.2.Market size and forecast, By Application
7.2.7.3.4.Market size and forecast, by Distribution Channel

7.3.Europe

7.3.1.Overview
7.3.2.Key market trends, growth factors, and opportunities
7.3.3.Market size and forecast, by Product Type
7.3.4.Market size and forecast, By Application
7.3.6.Market size and forecast, by Distribution Channel
7.3.7.Market size and forecast, by country

7.3.7.1.UK

7.3.7.1.1.Market size and forecast, by Product Type
7.3.7.1.2.Market size and forecast, By Application
7.3.7.1.4.Market size and forecast, by Distribution Channel

7.3.7.2.Germany

7.3.7.2.1.Market size and forecast, by Product Type
7.3.7.2.2.Market size and forecast, By Application
7.3.7.2.4.Market size and forecast, by Distribution Channel

7.3.7.3.France

7.3.7.3.1.Market size and forecast, by Product Type
7.3.7.3.2.Market size and forecast, By Application
7.3.7.3.4.Market size and forecast, by Distribution Channel

7.3.7.4.Spain

7.3.7.4.1.Market size and forecast, by Product Type
7.3.7.4.2.Market size and forecast, By Application
7.3.7.4.4.Market size and forecast, by Distribution Channel

7.3.7.5.Russia

7.3.7.5.1.Market size and forecast, by Product Type
7.3.7.5.2.Market size and forecast, By Application
7.3.7.5.4.Market size and forecast, by Distribution Channel

7.3.7.6.Rest of Europe

7.3.7.6.1.Market size and forecast, by Product Type
7.3.7.6.2.Market size and forecast, By Application
7.3.7.6.4.Market size and forecast, by Distribution Channel

7.4.Asia-Pacific

7.4.1.Overview
7.4.2.Key market trends, growth factors, and opportunities
7.4.3.Market size and forecast, by Product Type
7.4.4.Market size and forecast, By Application
7.4.6.Market size and forecast, by Distribution Channel
7.4.7.Market size and forecast, by country’

7.4.7.1.China

7.4.7.1.1.Market size and forecast, by Product Type
7.4.7.1.2.Market size and forecast, By Application
7.4.7.1.4.Market size and forecast, by Distribution Channel

7.4.7.2.Japan

7.4.7.2.1.Market size and forecast, by Product Type
7.4.7.2.2.Market size and forecast, By Application
7.4.7.2.4.Market size and forecast, by Distribution Channel

7.4.7.3.India

7.4.7.3.1.Market size and forecast, by Product Type
7.4.7.3.2.Market size and forecast, By Application
7.4.7.3.4.Market size and forecast, by Distribution channel

7.4.7.5.South Korea

7.4.7.5.1.Market size and forecast, by Product Type
7.4.7.5.2.Market size and forecast, By Application
7.4.7.5.4.Market size and forecast, by Distribution Channel

7.4.7.6.Australia

7.4.7.6.1.Market size and forecast, by Product Type
7.4.7.6.2.Market size and forecast, By Application
7.4.7.6.4.Market size and forecast, by Distribution Channel

7.4.7.7.Rest of Asia-Pacific

7.4.7.7.1.Market size and forecast, by Product Type
7.4.7.7.2.Market size and forecast, By Application
7.4.7.7.3.Market size and forecast, by Distribution Channel

7.5.LAMEA

7.5.1.Overview
7.5.2.Key market trends, growth factors, and opportunities
7.5.3.Market size and forecast, by Product Type
7.5.4.Market size and forecast, By Application
7.5.6.Market size and forecast, by Distribution Channel
7.5.7.Market size and forecast, by country

7.5.7.1.Latin America

7.5.7.1.1.Market size and forecast, by Product Type
7.5.7.1.2.Market size and forecast, By Application
7.5.7.1.4.Market size and forecast, by Distribution Channel

7.5.7.2.Middle East

7.5.7.2.1.Market size and forecast, by Product Type
7.5.7.2.2.Market size and forecast, By Application
7.5.7.2.4.Market size and forecast, by Distribution Channel

7.5.7.3.Africa

7.5.7.3.1.Market size and forecast, by product type
7.5.7.3.2.Market size and forecast, By Application
7.5.7.3.4.Market size and forecast, by Distribution Channel

LIST OF TABLES

TABLE 01.INSTANT WATER HEATER MARKET REVENUE, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 02.GAS INSTANT WATER HEATERS MARKET REVENUE, BY REGION, 2019–2027 ($MILLION)
TABLE 03.ELECTRIC INSTANT WATER HEATERS MARKET REVENUE, BY REGION, 2019–2027 ($MILLION)
TABLE 04.INSTANT WATER HEATER MARKET REVENUE, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 05.COMMERCIAL MARKET REVENUE, BY REGION, 2019–2027 ($MILLION)
TABLE 06.RESIDENTIAL INGREDIENTS MARKET REVENUE, BY REGION, 2019–2027 ($MILLION)
TABLE 07.INDUSTRIAL MARKET REVENUE, BY REGION, 2019–2027 ($MILLION)
TABLE 08.INSTANT WATER HEATER MARKET, BY DISTRIBUTION CHANNEL,2019–2027 ($MILLION)
TABLE 09.INSTANT WATER HEATER MARKET FOR SUPERMARKETS/HYPERMARKET, BY REGION, 2019–2027 ($MILLION)
TABLE 10.INSTANT WATER HEATER MARKET FOR SPECIALTY STORE, 2019–2027 ($MILLION)
TABLE 11.INSTANT WATER HEATER MARKET FOR CONVENIENCE STORES, BY REGION, 2019–2027 ($MILLION)
TABLE 12.INSTANT WATER HEATER MARKET FOR ONLINE STORES, BY REGION, 2019–2027 ($MILLION)
TABLE 13.INSTANT WATER HEATER MARKET, BY REGION, 2019–2027 ($MILLION)
TABLE 14.NORTH AMERICA INSTANT WATER HEATER MARKET, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 15.NORTH AMERICA INSTANT WATER HEATER MARKET REVENUE, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 16.NORTH AMERICA INSTANT WATER HEATER MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2019–2027 ($MILLION)
TABLE 17.NORTH AMERICA INSTANT WATER HEATER MARKET REVENUE, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 18.U.S. INSTANT WATER HEATER MARKET REVENUE, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 19.U.S. INSTANT WATER HEATER MARKET REVENUE, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 20.U.S. INSTANT WATER HEATER MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2019–2027 ($MILLION)
TABLE 21.CANADA INSTANT WATER HEATER MARKET REVENUE, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 22.CANADA. INSTANT WATER HEATER MARKET REVENUE, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 23.CANADA. INSTANT WATER HEATER MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2019–2027 ($MILLION)
TABLE 24.MEXICO INSTANT WATER HEATER MARKET REVENUE, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 25.MEXICO. INSTANT WATER HEATER MARKET REVENUE, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 26.MEXICO INSTANT WATER HEATER MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2019–2027 ($MILLION)
TABLE 27.EUROPE INSTANT WATER HEATER MARKET, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 28.EUROPE INSTANT WATER HEATER MARKET REVENUE, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 29.EUROPE INSTANT WATER HEATER MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2019–2027 ($MILLION)
TABLE 30.EUROPE INSTANT WATER HEATER MARKET REVENUE, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 31.UK INSTANT WATER HEATER MARKET REVENUE, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 32.UK INSTANT WATER HEATER MARKET REVENUE, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 33.UK INSTANT WATER HEATER MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2019–2027 ($MILLION)
TABLE 34.GERMANY INSTANT WATER HEATER MARKET REVENUE, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 35.GERMANY INSTANT WATER HEATER MARKET REVENUE, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 36.GERMANY INSTANT WATER HEATER MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2019–2027 ($MILLION)
TABLE 37.FRANCE INSTANT WATER HEATER MARKET REVENUE, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 38.FRANCE INSTANT WATER HEATER MARKET REVENUE, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 39.FRANCE INSTANT WATER HEATER MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2019–2027 ($MILLION)
TABLE 40.SPAIN INSTANT WATER HEATER MARKET REVENUE, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 41.SPAIN INSTANT WATER HEATER MARKET REVENUE, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 42.SPAIN INSTANT WATER HEATER MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2019–2027 ($MILLION)
TABLE 43.RUSSIA INSTANT WATER HEATER MARKET REVENUE, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 44.RUSSIA INSTANT WATER HEATER MARKET REVENUE, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 45.RUSSIA INSTANT WATER HEATER MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2019–2027 ($MILLION)
TABLE 46.REST OF EUROPE INSTANT WATER HEATER MARKET REVENUE, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 47.REST OF EUROPE INSTANT WATER HEATER MARKET REVENUE, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 48.REST OF EUROPE INSTANT WATER HEATER MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2019–2027 ($MILLION)
TABLE 49.ASIA-PACIFIC INSTANT WATER HEATER MARKET, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 50.ASIA-PACIFIC INSTANT WATER HEATER MARKET REVENUE, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 51.ASIA-PACIFIC INSTANT WATER HEATER MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2019–2027 ($MILLION)
TABLE 52.ASIA-PACIFIC INSTANT WATER HEATER MARKET REVENUE, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 53.CHINA INSTANT WATER HEATER MARKET REVENUE, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 54.CHINA INSTANT WATER HEATER MARKET REVENUE, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 55.CHINA INSTANT WATER HEATER MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2019–2027 ($MILLION)
TABLE 56.JAPAN INSTANT WATER HEATER MARKET REVENUE, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 57.JAPAN INSTANT WATER HEATER MARKET REVENUE, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 58.JAPAN INSTANT WATER HEATER MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2019–2027 ($MILLION)
TABLE 59.INDIA INSTANT WATER HEATER MARKET REVENUE, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 60.INDIA INSTANT WATER HEATER MARKET REVENUE, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 61.INDIA INSTANT WATER HEATER MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2019–2027 ($MILLION)
TABLE 62.SOUTH KOREA INSTANT WATER HEATER MARKET REVENUE, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 63.SOUTH KOREA INSTANT WATER HEATER MARKET REVENUE, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 64.SOUTH KOREA INSTANT WATER HEATER MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2019–2027 ($MILLION)
TABLE 65.AUSTRALIA INSTANT WATER HEATER MARKET REVENUE, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 66.AUSTRALIA INSTANT WATER HEATER MARKET REVENUE, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 67.AUSTRALIA INSTANT WATER HEATER MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2019–2027 ($MILLION)
TABLE 68.REST OF ASIA-PACIFIC INSTANT WATER HEATER MARKET REVENUE, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 69.REST OF ASIA-PACIFIC INSTANT WATER HEATER MARKET REVENUE, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 70.REST OF ASIA-PACIFIC INSTANT WATER HEATER MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2019–2027 ($MILLION)
TABLE 71.LAMEA INSTANT WATER HEATER MARKET, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 72.LAMEA INSTANT WATER HEATER MARKET REVENUE, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 73.LAMEA INSTANT WATER HEATER MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2019–2027 ($MILLION)
TABLE 74.LAMEA INSTANT WATER HEATER MARKET REVENUE, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 75.LATIN AMERICA INSTANT WATER HEATER MARKET REVENUE, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 76.LATIN AMERICA INSTANT WATER HEATER MARKET REVENUE, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 77.LATIN AMERICA INSTANT WATER HEATER MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2019–2027 ($MILLION)
TABLE 78.MIDDLE EAST INSTANT WATER HEATER MARKET REVENUE, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 79.MIDDLE EAST INSTANT WATER HEATER MARKET REVENUE, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 80.MIDDLE EAST INSTANT WATER HEATER MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2019–2027 ($MILLION)
TABLE 81.AFRICA INSTANT WATER HEATER MARKET REVENUE, BY PRODUCT TYPE, 2019–2027 ($MILLION)
TABLE 82.AFRICA INSTANT WATER HEATER MARKET REVENUE, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 83.AFRICA INSTANT WATER HEATER MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2019–2027 ($MILLION)

LIST OF FIGURES

FIGURE 01.KEY MARKET SEGMENT
FIGURE 02.EXECUTIVE SUMMARY
FIGURE 03.TOP INVESTMENT POCKETS
FIGURE 04.MODERATE BARGAINING POWER OF SUPPLIERS
FIGURE 05.MODERATE BARGAINING POWER OF BUYERS
FIGURE 06.MODERATE THREAT OF SUBSTITUTIONS
FIGURE 07.MODERATE THREAT OF NEW ENTRANTS
FIGURE 08.MODERATE INTENSITY OF RIVALRY
FIGURE 09.TOP PLAYER POSITIONING, 2019
FIGURE 10.INSTANT WATER HEATER MARKET: DRIVERS, RESTRAINTS, AND OPPORTUNITIES
FIGURE 11.INSTANT WATER HEATER MARKET: VALUE CHAIN ANALYSIS
FIGURE 12.INSTANT WATER HEATER MARKET: VALUE CHAIN ANALYSIS
FIGURE 13.INSTANT WATER HEATER MARKET, BY PRODUCT TYPE, 2019 (%)
FIGURE 14.COMPARATIVE SHARE ANALYSIS OF GAS INSTANT WATER HEATERS MARKET REVENUE, BY COUNTRY, 2019 & 2027 (%)
FIGURE 15.COMPARATIVE SHARE ANALYSIS OF ELECTRIC INSTANT WATER HEATERS MARKET REVENUE, BY COUNTRY, 2019 & 2027 (%)
FIGURE 16.INSTANT WATER HEATER MARKET, BY APPLICATION, 2019 (%)
FIGURE 17.COMPARATIVE SHARE ANALYSIS OF COMMERCIAL MARKET REVENUE, BY COUNTRY,  2019 & 2027 (%)
FIGURE 18.COMPARATIVE SHARE ANALYSIS OF RESIDENTIAL INGREDIENTS MARKET REVENUE , BY COUNTRY, 2019 & 2027 (%)
FIGURE 19.COMPARATIVE SHARE ANALYSIS OF INDUSTRIAL MARKET REVENUE , BY COUNTRY, 2019 & 2027 (%)
FIGURE 20.INSTANT WATER HEATER MARKET, BY DISTRIBUTION CHANNEL, 2019 (%)
FIGURE 21.COMPARATIVE SHARE ANALYSIS OF GLOBAL INSTANT WATER HEATER MARKET REVENUE FOR SUPERMARKETS/HYPERMARKET, BY COUNTRY, 2019 & 2027 (%)
FIGURE 22.COMPARATIVE SHARE ANALYSIS OF GLOBAL INSTANT WATER HEATER MARKET REVENUE FOR SPECIALTY STORE, BY COUNTRY, 2019 & 2027 (%)
FIGURE 23.COMPARATIVE SHARE ANALYSIS OF GLOBAL INSTANT WATER HEATER MARKET REVENUE FOR CONVENIENCE STORES, BY COUNTRY, 2019 & 2027 (%)
FIGURE 24.COMPARATIVE SHARE ANALYSIS OF GLOBAL INSTANT WATER HEATER MARKET REVENUE FOR ONLINE STORES, BY COUNTRY, 2019 & 2027 (%)
FIGURE 25.INSTANT WATER HEATER MARKET, BY REGION, 2019 (%)
FIGURE 26.U.S. INSTANT WATER HEATER MARKET, 2019–2027 ($MILLION)
FIGURE 27.CANADA INSTANT WATER HEATER MARKET, 2019–2027 ($MILLION)
FIGURE 28.MEXICO INSTANT WATER HEATER MARKET, 2019–2027 ($MILLION)
FIGURE 29.UK INSTANT WATER HEATER MARKET, 2019–2027 ($MILLION)
FIGURE 30.GERMANY INSTANT WATER HEATER MARKET, 2019–2027 ($MILLION)
FIGURE 31.FRANCE INSTANT WATER HEATER MARKET, 2019–2027 ($MILLION)
FIGURE 32.SPAIN INSTANT WATER HEATER MARKET, 2019–2027 ($MILLION)
FIGURE 33.RUSSIA INSTANT WATER HEATER MARKET, 2019–2027 ($MILLION)
FIGURE 34.REST OF EUROPE INSTANT WATER HEATER MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 35.CHINA INSTANT WATER HEATER MARKET, 2019–2027 ($MILLION)
FIGURE 36.JAPAN INSTANT WATER HEATER MARKET, 2019–2027 ($MILLION)
FIGURE 37.INDIA INSTANT WATER HEATER MARKET, 2019–2027 ($MILLION)
FIGURE 38.SOUTH KOREA INSTANT WATER HEATER MARKET, 2019–2027 ($MILLION)
FIGURE 39.AUSTRALIA INSTANT WATER HEATER MARKET, 2019–2027 ($MILLION)
FIGURE 40.REST OF ASIA-PACIFIC INSTANT WATER HEATER MARKET, 2019–2027 ($MILLION)
FIGURE 41.LATIN AMERICA INSTANT WATER HEATER MARKET, 2019–2027 ($MILLION)
FIGURE 42.MIDDLE EAST INSTANT WATER HEATER MARKET, 2019–2027 ($MILLION)
FIGURE 43.AFRICA INSTANT WATER HEATER MARKET, 2019–2027 ($MILLION)

 
 

According to CXOs of leading companies, the instant water heater market is expected to grow at a significant rate during the forecast period, owing to various factors such as inclination of consumer toward adoption of energy-efficient systems, rise in number of hospitals & hotels, increase in population, and infrastructure improvement in rural areas. In addition, rapid urbanization, surge in disposable income, and improved lifestyle pattern fuel demand for instant water heater across the globe. 

Manufacturers are integrating new technologies including smart monitoring and control features to improve product life and reduce maintenance time of instant water heater. Introduction of advanced designs with extensive features including leakage detection systems and Wi-Fi integration is expected to positively influence the instant water heater industry outlook. For instance, in 2019, A.O. Smith introduced its iCOMM connectivity platform for its product range comprising constant remote monitoring, giving customers detailed information regarding fault histories and notifications.

According to CXOs, Asia-Pacific is projected to register a significant growth during the forecast period, owing to expanding distribution channels, technological advancements, and increase in disposable income. 
 

 
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A. The instant water heater market size is expected to reach $2,6948.2 million in 2027 from $1,8810.6 million in 2019, owing at a CAGR of 7.70% from 2021 to 2027. Instant water heater, as the name suggests, is a device that heats water instantly. It is also known as an inline water heater or tank-less water heater.

A. The CAGR of Instant Water Heater Market is 7.70% from 2021 to 2027. It is a heating equipment that heats water by using electricity or gas as its power source. It is different from regular water heaters as it does not store water and heats water as water passes through the device a little time.

A. The sample report of Instant Water Heater Market can be downloaded by clicking on the link https://www.alliedmarketresearch.com/request-sample/7174

A. The key companies profiled in the report include A.O. Smith Corporation, Ariston Thermo S.P.A., Bradford White Corporation, General Electric Company, Ferroli S.P.A, Havells India Ltd, Nihon Itomic Co., Ltd, Rheem Manufacturing Company, Vaillant Group, and Whirlpool Corporation.

A. The global instant water heater market is divided on the basis of product type, application, and distribution channel. Depending on product type, the market is divided into gas instant water heaters and electric instant water heaters. By application, it is classified into commercial, residential, and industrial. By distribution channel, it is categorized into supermarkets and hypermarkets, specialty stores, convenience stores, and online stores.

A. Growth of the global instant water heater market is driven by factors such as inclination of consumer toward adoption of energy efficient systems, surge in number of households, hospitals and hotels, and increase in population and improved infrastructure in rural areas. In addition, rise in disposable income of consumers, coupled with improved lifestyle is significantly boost the market.

A. The residential segment dominated the global instant water heater market in 2019, accounting for around 45% of the overall revenue. This was attributed to rapid urbanization, rise in income level of consumers, and innovative marketing strategies implemented by leading manufacturers. Furthermore, this segment is expected to grow at the highest rate during the forecast period.

A. The closure of factories due to COVID-19 led to the decline in the production of the instant water heater in the market. This not only affected the scale of production but also the growth of these industries related to instant water heater.

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