Water Heaters and Water Pumps: Global Markets
Report Highlights
The global market for water heaters and water pumps should grow from nearly $17.6 billion in 2018 to $18.3 billion by 2023 with a compound annual growth rate (CAGR) of 0.8% for the period of 2018-2023.
Report Includes
- 58 tables
- An overview of the global market for water heaters and water pumps
- Analyses of global market trends, with data from 2017, 2018 and projections of CAGRs through 2023
- Coverage of various types of water heaters, solar water pumps and domestic water systems with pumps used for various end-user application industry
- Discussion of new technologies such as heat pump water heaters, solar water heaters with roof tanks and hybrid water heaters
- Comprehensive profiles of the major players of the industry, including A.O. Smith, Rheem, American Water Heaters Co., Stiebel Eltron and Rinna
Report Scope
The scope of this report is broad and covers various types of water heaters, solar water pumps and domestic water systems with pumps used for various end-user applications. The market is broken down by major types, technologies, region and application of water heaters, solar water pumps and domestic water systems with pumps. Revenue forecasts from 2018 to 2023 are given for the water heater, solar water pump and domestic water systems with pumps segments, and regional markets with estimated values derived from manufacturers’ total revenues. The report does not cover industrial water heating systems, industrial pumps or utility pumping/water equipment.
The report also includes a discussion of the major players across each regional market for water heaters, solar water pumps and domestic water systems with pumps. It explains the major drivers and regional dynamics of the global market for water heaters, solar water pumps and domestic water systems with pumps, and current trends within the industry.
The report concludes with a focus on the distribution landscape and includes profiles of the major retailers and wholesalers in the global market for water heaters, solar water pumps and domestic water systems with pumps.
Analyst Credentials
Craig Barnes has more than 20 years of experience as an industry analyst and market researcher and began authoring reports for BCC Research in 2018. His expertise is in market sizing and market segmentation in various industries in the retail, manufacturing, information technology and healthcare sectors. He also owns an industry research company and is a freelance consultant for his company’s international clients.