European Water Heater Market Trends, Size, Competitive Analysis and Forecast - 2Posted by mansi on March 3rd, 2020 European water heater market is anticipated to grow at a CAGR 5.4% during the forecast period. European water heater market growth depends on the widespread application of the water heaters in residential and commercial sector. European industrial sector constitutes huge number of industries of various segments including manufacturing, food & beverages, energy, pharmaceutical which are considered as potential end-users for the water heaters. Moreover, European countries require ample amount of water heating facilities in order to meet the required environmental conditions due to extreme cold conditions. Request a Free Sample of our European Water Heater Market: https://www.omrglobal.com/request-sample/european-water-heater-market According to EurobservÉR, total sale of appliances in heating and cooling sector technologies had increased by 20% from 2,212,898 units in 2014 to 2,655,331 units in 2015 in European Union. The increase is due to the growth in installations of water heating equipment in both residential and commercial segment in various European countries. In residential sector, water heating is required for residential buildings, gas storage, and others which are generating substantial demand; while in commercial sector, heating is required in various commercial buildings such as shopping malls, retail shops, supermarkets, hotels and others. However, due to governmental policies in European Union, shift is observed towards modern water heaters based on renewable resources such as gas, wind, hybrid, and solar. A full Report of European Water Heater Market is Available at: https://www.omrglobal.com/industry-reports/european-water-heater-market European Water Heater Market Segmentation By Energy Source
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