Water Heater Market in North America 2016-2020

Category : Consumer Goods  | Published Date : Sept-2016 | Pages : 66
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 Niño, 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.
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
Publisher Name : Technavio


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