2022 Water Heaters Market Global Industry Trends, Forecast Outlook Until 2031
Posted by ramacharitbrc on November 21st, 2022
Avail a limited period discount of 33% on our uniquely designed Opportunities and Strategies market research reports. Contact us today and make winning strategies!
The Water Heaters Global Market Report 2022-31 by The Business Research Company describes and explains the global water heaters market and covers 2016 to 2021, termed the historic period, and 2022 to 2026, termed the forecast period, along with further forecasts for the period 2026-2031. The report evaluates the market across each region and for the major economies within each region.
The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
The emergence of smart water heaters is a growing trend in the global water heater market. Water heaters consume a high level of energy in households, hence the emergence of smart water heaters, such as the Aquanta Smart Water Heater Controller, provides added benefits to preserve energy and increase the efficiency of the water heater. Integrated cell phone communication with users and hot water usage schedule, benefits the customer to regulate water heater through cell phones. This integrated smart system is designed to report energy consumption and other usage data. For instance, in 2022, Rheem Manufacturing Company produced a Wi-Fi device that works with electric and gas water heaters. The gadget can identify defections, track service diagnostics, and transfer structure status, in this way saving money on water and power utilization.
Top 5 Major Key Players Are:
About The Business Research Company:
Like it? Share it!
About the Authorramacharitbrc
Joined: July 1st, 2020
Articles Posted: 1,160
More by this author