Toll Free: 1-888-928-9744

Water Heater Market in North America 2016-2020

Published: Sep 22, 2016 | Pages: 48 | Publisher: Technavio | Industry: Retail | Report Format: Electronic (PDF)

About the Water Heater Market in North America
 
The demand for heating appliances is considerably high in most North American countries owing to the cold weather conditions prevailing in the region. Also, in recent years, it has been noted that the winter season in the region is getting affected by El Nino, which brings in unpredictable weather, flooding, and harsh wet winter. This unpredictable changing weather pattern is a common phenomenon throughout the year and is triggering the demand for heating appliances year-round. A water heater is one such heating appliance that has become a basic necessity in more than 97% households in the US.
 
Technavio's analysts forecast the water heater market in North America to grow at a CAGR of 3.13% during the period 2016-2020.
 
Covered in this report 
The report covers the present scenario and the growth prospects of the water heater market in North America for 2016-2020. To calculate the market size, the report has taken into consideration the revenue generated from the retail sales of different types of water heaters to the residential segment. The report does not include commercial water heaters used for residential purpose.
 
Technavio's report, Water Heater Market in North America 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. 
 
Key vendors
• A. O. Smith • Bradford White • Rheem Other prominent vendors
• AERCO International • American Water Heaters • Bromic • Bosch • Eccotemp Systems • ECR International • Electrolux • GE • Kenmore • Marey • Midea Group • Noritz • TekSupply • Waiwela • Whirlpool Market driver
• Emergency replacement and upgrade replacement purchases • For a full, detailed list, view our report Market challenge
• Stringent government regulations • For a full, detailed list, view our report Market trend
• Retrofitted technology for water heaters • For a full, detailed list, view our report Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be? • What are the key market trends? • What is driving this market? • What are the challenges to market growth? • Who are the key vendors in this market space? • What are the market opportunities and threats faced by the key vendors ? • What are the strengths and weaknesses of the key vendors ? You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.
 Table of Contents
PART 01: Executive summary • Highlights PART 02: Scope of the report • Market overview • Top-vendor offerings PART 03: Market research methodology • Research methodology • Economic indicators PART 04: Introduction • Key market highlights PART 05: Market landscape • Market overview • Overall water heater market in North America • Distribution channels • Important characteristics when buying or considering buying water heaters • Consumer insights • Market size and forecast PART 06: Market segmentation by product • Storage water heaters • Tankless water heaters • Other forms that are available as storage and tankless PART 07: Segmentation by fuel type • Electric and gas water heaters • Solar water heaters PART 08: Key leading countries • US • Canada and Mexico PART 09: Market drivers • Changing bathroom designs driving upgrade purchases • Emergency replacement and upgrade replacement purchases • Demand for instantaneous water heaters with low heating time and ease of use PART 10: Impact of drivers PART 11: Market challenges • Commoditization of storage water heaters • Stringent government regulations PART 12: Impact of drivers and challenges PART 13: Market trends • Green trends and cost saving benefits of solar forms influencing second purchases • Retrofitted technology for water heaters • Demand and availability of smart connected water heaters PART 14: Vendor landscape • Competitive landscape • Strategies adopted by players • Considerations and recommendations to improve adoption of water heaters in North America • Key product improvements that manufacturers are working on • Other prominent vendors PART 15: Key vendor analysis • O. Smith • Bradford White • Rheem PART 16: Appendix • List of abbreviations PART 17: Explore Technavio List of Exhibits
Exhibit 01: Product offerings Exhibit 02: Types of water heaters available in market Exhibit 03: Comparison of new and replaced water heaters by fuel type Exhibit 04: New privately owned housing units started in US 2012-2014 Exhibit 05: Water heater sales in US (replacement and new construction purchase in terms of units) 2000-2014 Exhibit 06: Comparison of sales of water heaters through replacement and new construction in terms of installers and retailers Exhibit 07: Retail distribution channels Exhibit 08: Supply chain for water heater distribution by manufacturers Exhibit 09: Sources of information that consumers consider when purchasing a water heater Exhibit 10: Water heater market in North America 2015-2020 ($ billions) Exhibit 11: Water heater market in North America by product type 2015 (%) Exhibit 12: Water heater market in North America by product type 2020 (%) Exhibit 13: Storage water heater market in North America 2016-2020 ($ billions) Exhibit 14: Comparing electric and gas tankless water heaters Exhibit 15: Tankless water heater market in North America 2016-2020 ($ millions) Exhibit 16: Water heater market in North America by fuel type 2015 (%) Exhibit 17: Water heater market in North America by fuel type 2020 (%) Exhibit 18: Market share of vendors in US by value 2015 (%) Exhibit 19: New privately owned housing units started in US 2012-2014 Exhibit 20: Average annual temperature in US states (°Fahrenheit) Exhibit 21: GDP per capita in US 2010-2014 ($) Exhibit 22: GDP growth in US 2010-2014 (annual %) Exhibit 23: Consumption of energy (electricity) by different appliances used in US households Exhibit 24: Impact of drivers Exhibit 25: Impact of drivers and challenges Exhibit 26: Comparing water heater players in terms of products sold Exhibit 27: Areas of R&D focus in water heater industry Exhibit 28: A. O. Smith: Business overview Exhibit 29: A. O. Smith: Performance indicators 2015 Exhibit 30: A. O. Smith: Product overview in water heater market in North America Exhibit 31: Bradford White: Product overview in water heater market in North America Exhibit 32: Bradford White: Strength and weakness Exhibit 33: Product overview Exhibit 34: Rheem: Strength and weakness

To request a free sample copy of this report, please complete the form below.

This website is secure and your personal details are safe. Privacy policy

Global non destructive testing equipment market is anticipated to reach USD 5.76 billion by 2022, as per a new research report by Radiant Insights, Inc. Stringent government safety initiatives for inspection and quality control across numerous indust

Read More...

Global data center UPS market size is estimated to reach USD 5.7 billion by 2020, as per a new research report by Radiant Insights, Inc. Declining tolerance levels pertaining to data loss along with amplifying acceptance of cloud computing is likely

Read More...

Global geotextile market size is likely to be valued at USD 8.24 billion by 2020; as per a new research report by Radiant Insights, Inc. Increasing use in soil reinforcement activity coupled with growing application scope in road & railway developmen

Read More...

Global coated fabrics market size forecast is estimated at USD 22.57 billion by 2020; as per a new research report by Radiant Insights, Inc. Increasing production of seat covers & airbags for automobile applications is likely to favor market growth.

Read More...

Global Bio polyethylene terephthalate (PET) market size is likely to be valued at USD 12.6 billion by 2020; as per a new research report by Radiant Insights, Inc. Growing preference of biopolymers in numerous applications coupled with favorable gover

Read More...
Choose License Type
Single User - US $2500
Multi User - US $4000
Why Choose Us

24/5 Research support

Get your queries resolved from an industry expert. Request for a free product review before report purchase.

Phone: 1-415-349-0054

Toll Free: 1-888-928-9744

Email: [email protected]

Custom research service

Speak to the report author to design an exclusive study to serve your research needs.

Quality assurance

A testimonial for service excellence represented in the form of BBB "A" Accreditation.

Information security

Your personal and confidential information is safe and secure.

verify