Reportstack Announces the Publication of its Research Report - Global Water Heater Market 2014-2018. The following companies are the key players in Global Water Heater Market: A. O. Smith Corp., Rheem Manufacturing Co., GE Co., and Siemens AG. “The Global Water Heater market is witnessing emerging demand for hybrid water heaters due to their energy-efficiency, which conventional water heaters lack. They also use the latest technology and consume less energy. Thus, the increasing demand for hybrid water heaters is expected to increase the overall potential in the Global Water Heater market during the forecast period.”
According to the report, the Global Water Heater market is driven by several growth factors, one of which is the increasing demand for tank-less water heaters. These water heaters are increasingly being adopted by end-users as they are more energy-efficient than conventional water heaters and they require less installation space.
Further, the report states that the high threat of rivalry is one of the major challenges in the market. Post the global economic recession, the market has been witnessing a steady growth rate, enabling vendors to have a good market presence and provide water heaters at competitive prices.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit http://www.reportstack.com/product/150206/global-water-heater-market-2014-2018.html
According to the report, the Global Water Heater market is driven by several growth factors, one of which is the increasing demand for tank-less water heaters. These water heaters are increasingly being adopted by end-users as they are more energy-efficient than conventional water heaters and they require less installation space.
Further, the report states that the high threat of rivalry is one of the major challenges in the market. Post the global economic recession, the market has been witnessing a steady growth rate, enabling vendors to have a good market presence and provide water heaters at competitive prices.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit http://www.reportstack.com/product/150206/global-water-heater-market-2014-2018.html
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