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Global Tankless Water Heater Market Outlook:

Industry Insights & Opportunity Evaluation,

2015-2021

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Global Tankless Water Heater Market Overview

Tankless Water Heater is a kind of heater which provides

warm water without a tank. It has mini-assembly of boiler

coils 36” less or high which enables on demand or endless

quantity of warm water. It stores the water inside the coils

and it is more energy efficient as compared to

conventional storage water heaters. In addition to this,

light weight in nature and government subsidy on various

efficient electronic equipment in various countries are few

of the reason that would escalate the demand for the

tankless water heaters in near future.

Riding on these factors, the Global Tankless Water Heater

market is anticipated to grow at a compound annual

growth rate (CAGR) of 9.3% during forecasted period

2015-2021.

Market Segmentation

By Features

Based on Features, the global Tankless Water Heater

market is divided into following:

Energy Star

Digital Display

Remote Control

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By Technology

Based on Technology, the global Tankless Water Heater

market is divided into following:

Low NOx

Ultra-Low NOx

By Fuel Type

Based on Fuel type, the global Tankless Water Heater

market is divided into following:

Natural Gas

Propane

By Location

Based on Location, the global Tankless Water Heater

market is divided into following:

Indoor

Outdoor

Direct vent (horizontal and vertical vent) tankless

water heater

By Energy Factor

Based on Energy Factor, the global Tankless Water Heater

market is divided into following:

0.90+ EF

0.80 - 0.89 EF

- 0.79 EF

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By Weight

Based on Weight, the global Tankless Water Heater

market is divided into following:

75+ lbs

50 - 74 lbs

0 - 49 lbs

By Product Type

Based on Product Type, the global Tankless Water Heater

market is divided into following:

Electric Tankless water heaters

Gas Tankless water heaters

By End User

Based on End User, the global Tankless Water Heater

market is divided into following:

Domestic Tankless Water Heaters

Commercial Tankless Water Heaters

By Region

On the basis of region the global tankless water heater

market is segmented into

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North America Latin America Western And Eastern Europe Asia-Pacific Middle East And North Africa Row (Rest Of World)

Growth Drivers and challenges

Factors like shift in consumers taste and preference, spiked adoption of eco-friendly equipment, inclination towards using efficient heaters, longing to use electric devices with more technological advanced features and user controls etc. are some of the major factors which are expected to drive the demand for global tankless water heater market in the upcoming years.

In addition to that, continuous increase in urban population and personal disposable income across the globe are projected to drive the global tankless water heater market during next 5-6 years.

However, formulation of stringent energy efficiency regulations is likely to hamper the growth of global tankless water heater market for the forecast period.

Further, rising energy fuel demand is anticipated to increase global average gas price in future and can be a major challenge for the global tankless water heater market in future.

Market Size and Forecast

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Globally, Asia-Pacific has the largest market share as

compared to other regions. Asia-Pacific tankless water

heater market is projected to grow at a CAGR of 8.3% over

the forecasted period. At present, countries like China,

India, Japan has the major market growth in Asia Pacific

region.

North America tankless water heater market is expected to

grow at a CAGR of 9.5% over the period 2015-2021.

In Europe, the electric tankless water heater sales are at

steady rate and sales of gas tankless water heater are on a

continuous fall. Across many countries in the European

region, Germany is the major market in the Europe region

at present followed by U.K.

Key players

Bosch Noritz Corporation Rinnai A.O. Smith Corporation Bradford White Corporation Rheem Manufacturing Company

Scope and Context

Overview of the Parent Market

Analyst View

Market Size and Growth

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North America (U.S., Canada)

Latin America (Mexico, Brazil, Rest of Latin America)

Western and Eastern Europe (Germany, Italy, Spain,

France, U.K, Benelux, Hungary, Rest Of Western

Europe, Russia Poland, Rest of Eastern Europe)

Asia-Pacific (China, India, Singapore, Japan, Australia

& New Zealand & Rest of Asia)

Middle East and North Africa (MENA)

Rest of World

Segmentation

By Product Type

By End User

By Technolo0gy

By Weight

By Location

By Fuel Type

By Energy Factor

By Features

By Region

Market Dynamics

Supply & Demand Risk

Competitive Landscape

Porter’s Five Force Model

Geographical Economic Activity

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Key Players (respective SWOT Analysis) and their

Strategies and Product Portfolio

Recent Trends and Developments

Industry Growth Drivers and Challenges

Key Information for Players to establish themselves in

current dynamic environment

To know more about this research, Kindly visit:

http://www.researchnester.com/reports/global-

tankless-water-heater-market-analysis-

opportunity-outlook-2021/107

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