This study aims to analyze and forecast the Indian domestic water heaters market for the period FY2019 to FY2024.
Water Heaters are among the fastest growing home appliances that provide a continual supply of hot water. Typical domestic uses of hot water include cooking, cleaning, bathing, and space heating. The growth of the water heaters market in India is led by an increasing number of new residential units, rising per capita disposable income, improving standard of living, and technological advancements. Some of the major participants operating in the Indian water heater market include Racold Thermo Private Limited, V-Guard Industries Ltd., Bajaj Electricals Ltd., Venus Home Appliances (P) Ltd, Crompton Greaves Consumer Electricals Ltd., Havells India Limited, A. O. Smith India Water Products Pvt. Ltd., and Usha International Ltd.
This research study on the water heaters market in India offers the most up-to-date market data on the actual market situation by product type (electric storage water heaters, electric instant water heaters, electric tankless water heaters, solar water heaters, and gas water heaters); key end-user segments (residential, commercial, and others); and regions (North, South, East and West). The report covers the market landscape and analyzes its growth prospects over the coming years. It also includes a discussion on the key companies operating in this market. Further, it makes forecasts for the period covering FY2019 to FY2024 and presents a future outlook for the market, which makes it an invaluable resource for industry executives; marketing, sales and product managers; analysts; and other people looking for key industry data along with readily accessible and clearly presented tables and graphs.
Research Scope
- Market by Product Type
- Electric Storage Water Heater: A domestic water heating appliance that consists of an insulated storage tank, usually cylindrical, to maximize heating capacity and provide instantaneous delivery of hot water.
- Electric Instant Water Heater: A water heater that heats the water on demand and does not store any water internally except for what is in the heat exchanger coil. This heater ensures a steady stream of heated water as per its capacity.
- Electric Tankless Water Heater: A premium instant water heater wherein the flow of hot water is uninterrupted and independent of the capacity.
- Solar Water Heater: A device that uses solar panels to heat the water which is delivered to a storage tank.
- Gas Water Heater: A heater, be it storage or instant, which uses natural gas as a medium to heat water.
- Market by Key end-user segments
Residential, Commercial, Industrial, Transport, Government & Others
Geography
India, analyzed by the North, East, West, South regions
Study Period
FY2019 to FY2024; Base Year–FY2019; Forecast Years–FY2020 to FY2024
Key Issues Addressed
- Is the market growing, how long will it continue to grow, and at what rate?
- What is the current market size and segmentation by type of product, regions, and end users?
- What is the future growth potential of Water Heaters in India? What will be the major drivers and trends impacting the market?
- What is the industry structure and how is the competitive environment?
- Where are the key growth opportunities and how can brands capitalize on them?
- What is the current distribution structure and how is it going to change in the future?
Key Findings
Key Findings (continued)
Market Engineering Measurements
Market Engineering Measurements (continued)
CEO’s Perspective
Market Definitions
Market Definitions (continued)
Key Questions This Study Will Answer
Market Segmentation By Product Type
Market Segmentation By Storage Capacity
Market Segmentation By Storage Capacity (continued)
Market Segmentation By End Users
Market Segmentation By Region
Market Distribution Channels
Market Drivers
Drivers Explained
Drivers Explained (continued)
Market Restraints
Restraints Explained
Restraints Explained (continued)
Market Engineering Measurements
Market Engineering Measurements (continued)
Forecast Assumptions
Unit Shipment and Revenue Forecast
Unit Shipment and Revenue Forecast Discussion
Pricing Trends and Forecast
Pricing Trends and Forecast Discussion
Percent Revenue Forecast by Region
Revenue Forecast by Region
Revenue Forecast Discussion by Region
Revenue Forecast by Product Type
Revenue Forecast Discussion by Product Type
Revenue Forecast by End Users
Revenue Forecast Discussion by End users
Percent Revenue Forecast by Distribution Channel
Percent Revenue Forecast Discussion by Distribution Channel
Ecosystem and Key Stakeholders
Key Buying Factors
Market Share
Market Share Analysis
Competitive Environment
Top Competitors
Top Competitors (continued)
Product Highlights
Product Highlights (continued)
Product Highlights (continued)
Product Highlights (continued)
Competitive Factors and Assessment
Key Market Participants—Profiling
Key Market Participants—Profiling (continued)
Key Market Participants—Profiling (continued)
Key Market Participants—Profiling (continued)
Growth Opportunity 1—Energy-efficient Water Heaters to Play a Critical Role
Growth Opportunity 2—Solar Water Heaters Gaining Prominence
Growth Opportunity 3—Tankless Water Heaters will be the Fastest Growing Segment
Growth Opportunity 4—Demand for Smart and Intelligent Water Heaters will Increase
Strategic Imperatives for Success and Growth
Electric Storage Water Heaters Segment—Key Findings
Market Engineering Measurements
Unit Shipment and Revenue Forecast
Unit Shipment and Revenue Forecast Discussion
Revenue Forecast by Storage Capacity—Electric Storage Water Heaters
Revenue Forecast Discussion by Storage Capacity—Electric Storage Water Heaters
Electric Instant Water Heaters Segment—Key Findings
Market Engineering Measurements
Unit Shipment and Revenue Forecast
Unit Shipment and Revenue Forecast Discussion
Revenue Forecast by Storage Capacity—Electric Instant Water Heaters
Revenue Forecast Discussion by Storage Capacity—Electric Instant Water Heaters
Electric Tankless Water Heaters Segment—Key Findings
Market Engineering Measurements
Unit Shipment and Revenue Forecast
Unit Shipment and Revenue Forecast Discussion
Solar Water Heaters Segment—Key Findings
Market Engineering Measurements
Unit Shipment and Revenue Forecast
Unit Shipment and Revenue Forecast Discussion
Revenue Forecast by Storage Capacity—Solar Water Heaters
Revenue Forecast Discussion by Storage Capacity—Solar Water Heaters
Gas Water Heaters Segment—Key Findings
Market Engineering Measurements
Unit Shipment and Revenue Forecast
Unit Shipment and Revenue Forecast Discussion
Revenue Forecast by Storage Capacity—Gas Water Heaters
Revenue Forecast Discussion by Storage Capacity—Gas Water Heaters
Northern Region—Key Findings
Unit Shipment and Revenue Forecast
Unit Shipment and Revenue Forecast Discussion
Southern Region—Key Findings
Unit Shipment and Revenue Forecast
Unit Shipment and Revenue Forecast Discussion
Eastern Region—Key Findings
Unit Shipment and Revenue Forecast
Unit Shipment and Revenue Forecast Discussion
Western Region—Key Findings
Unit Shipment and Revenue Forecast
Unit Shipment and Revenue Forecast Discussion
The Last Word—3 Big Predictions
Legal Disclaimer
Market Engineering Methodology
List of Companies in “Others”
Abbreviations and Acronyms
List of Exhibits
List of Exhibits (continued)
List of Exhibits (continued)
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This study aims to analyze and forecast the Indian domestic water heaters market for the period FY2019 to FY2024.
Water Heaters are among the fastest growing home appliances that provide a continual supply of hot water. Typical domestic uses of hot water include cooking, cleaning, bathing, and space heating. The growth of the water heaters market in India is led by an increasing number of new residential units, rising per capita disposable income, improving standard of living, and technological advancements. Some of the major participants operating in the Indian water heater market include Racold Thermo Private Limited, V-Guard Industries Ltd., Bajaj Electricals Ltd., Venus Home Appliances (P) Ltd, Crompton Greaves Consumer Electricals Ltd., Havells India Limited, A. O. Smith India Water Products Pvt. Ltd., and Usha International Ltd.
This research study on the water heaters market in India offers the most up-to-date market data on the actual market situation by product type (electric storage water heaters, electric instant water heaters, electric tankless water heaters, solar water heaters, and gas water heaters); key end-user segments (residential, commercial, and others); and regions (North, South, East and West). The report covers the market landscape and analyzes its growth prospects over the coming years. It also includes a discussion on the key companies operating in this market. Further, it makes forecasts for the period covering FY2019 to FY2024 and presents a future outlook for the market, which makes it an invaluable resource for industry executives; marketing, sales and product managers; analysts; and other people looking for key industry data along with readily accessible and clearly presented tables and graphs.--BEGIN PROMO--
Research Scope
- Market by Product Type
- Electric Storage Water Heater: A domestic water heating appliance that consists of an insulated storage tank, usually cylindrical, to maximize heating capacity and provide instantaneous delivery of hot water.
- Electric Instant Water Heater: A water heater that heats the water on demand and does not store any water internally except for what is in the heat exchanger coil. This heater ensures a steady stream of heated water as per its capacity.
- Electric Tankless Water Heater: A premium instant water heater wherein the flow of hot water is uninterrupted and independent of the capacity.
- Solar Water Heater: A device that uses solar panels to heat the water which is delivered to a storage tank.
- Gas Water Heater: A heater, be it storage or instant, which uses natural gas as a medium to heat water.
- Market by Key end-user segments
Residential, Commercial, Industrial, Transport, Government & Others
Geography
India, analyzed by the North, East, West, South regions
Study Period
FY2019 to FY2024; Base Year–FY2019; Forecast Years–FY2020 to FY2024
Key Issues Addressed
- Is the market growing, how long will it continue to grow, and at what rate?
- What is the current market size and segmentation by type of product, regions, and end users?
- What is the future growth potential of Water Heaters in India? What will be the major drivers and trends impacting the market?
- What is the industry structure and how is the competitive environment?
- Where are the key growth opportunities and how can brands capitalize on them?
- What is the current distribution structure and how is it going to change in the future?
| Deliverable Type | Market Research |
|---|---|
| No Index | No |
| Podcast | No |
| Author | Satya Manikanta |
| Industries | Electronics and Sensors |
| WIP Number | PA94-01-00-00-00 |
| Is Prebook | No |
| GPS Codes | 9200-A3,9592 |
Indian Domestic Water Heaters Market, Forecast to FY2024
Indian Domestic Water Heaters Market, Forecast to FY2024
Introduction of Technologically Advanced Water Heaters, Improved Scenario of Electricity Availability, and Rising Disposable Income Will Drive Market Growth
RELEASE DATE
19-Aug-2019
19-Aug-2019
REGION
South Asia, Middle East & North Africa
South Asia, Middle East & North Africa
Deliverable Type
Market Research
Market Research
Research Code: PA94-01-00-00-00
SKU: ES01114-SA-MR_23517
$4,950.00
In stock
SKU
ES01114-SA-MR_23517