Electric Water Heater Market
High Frequency Induction Heating Machine Consumption Market Latest Trend, Growth by Size, Application & Forecast 2023
High Frequency Induction Heating Machine Consumption market research report collated by Market Study Report is an in-depth study of the current trends influencing this industry. The report also provides a detailed abstract of the market valuation, statistics, and revenue forecast, additionally underlining the status of the competitive landscape and expansion strategies adopted by the pivotal industry players.
The report on High Frequency Induction Heating Machine Consumption market is an all-inclusive study of the current scenario of the industry with the base year being 2017 and its growth prospects over 2018-2023. The report is a meticulous endeavor to present a comprehensive overview of High Frequency Induction Heating Machine Consumption market based on growth opportunities and market shares. The report presents a detailed outline of the product type, key manufacturers, application and key regions concerned in the High Frequency Induction Heating Machine Consumption market.
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This report considers various parameters to calculate the High Frequency Induction Heating Machine Consumption market size especially, value and volume generated from the sales in such segments as product type, application, region, competitive landscape etc.
The competitive scenario of the High Frequency Induction Heating Machine Consumption market has also been evaluated by the report while presenting detailed analysis of notable manufacturers and vendors participating in the High Frequency Induction Heating Machine Consumption market. Major companies covered in the report are as follows:
- Inductotherm Group, EFD Induction, GH Group, eldec, Denki Kogyo, SPC Electronics, President Honor Industries, Dai-ich High Frequency, HF ENERGY, Ajax Tocco, Satra International, Taizhou Hongri, Tianjin Tiangao, Shenzhen Shuangping, Dongguan DaWei, Baoding Hongxing, Jinlai Electromechanical, Zhangjiagang Jinda, Dongguan Hengxin,
Additionally, the report discusses key trends driving the growth of the market, opportunities involved, major challenges and risks that are often confronted by key manufacturers besides presenting an overall idea of the market. The report also analyses in details emerging trends in the marketplace and their impact on current and future development of the High Frequency Induction Heating Machine Consumption market.
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High Frequency Induction Heating Machine Consumption market has been segmented by product type as follow:
- The Welding Equipment, Heat Treatment Equipment, Annealing Equipment, Other,
High Frequency Induction Heating Machine Consumption market has been segmented by application type as follow:
- Heating (Hot Forging, Hot Fitting and Smelting), Heat Treatment (Surface Quench), Welding (Braze Welding, Silver Soldering and Brazing), Annealing (Tempering and Modulation),
The report classifies the regional landscape for High Frequency Induction Heating Machine Consumption market as follow: United States, Germany, France, Russia, China, Japan, India, Korea, Southeast Asia, Middle East, Africa
Research objectives of the study included the analysis of global High Frequency Induction Heating Machine Consumption market consumption in terms of volume and value on the basis of parameters such as regions, application and product type based on data from 2013 to 2017 and forecast for the period of 2018-2023. By identifying the various subsegments of High Frequency Induction Heating Machine Consumption market, a detailed understanding of the market structure has been provided. In an effort to describe, define and analyze the volume, value, market share, sales, competitive landscape, development plans and SWOT analysis for the ensuing years, the report focuses on key manufacturers and their actions in High Frequency Induction Heating Machine Consumption market.
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The report analyses High Frequency Induction Heating Machine Consumption in respect to growth trends, future prospects and contribution of individual players in the High Frequency Induction Heating Machine Consumption market. It also reveals detailed information about the growth potential, drivers, opportunities, risks and challenges that influence the development of High Frequency Induction Heating Machine Consumption market. The report presents a comprehensive projection of the regional submarkets of High Frequency Induction Heating Machine Consumption along with the key countries where the submarkets are most dominant. It also analyses developments such as new product launches, agreements, acquisitions and expansions as well as provides strategic profiles of key players in High Frequency Induction Heating Machine Consumption market while highlighting their growth strategies.
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Electric Water Heater Market Forthcoming Developments, Growth Challenges, Opportunities 2024
This global Electric Water Heater market report studies the industry based on one or more segments covering key players, types, applications, products, technology, end-users, and regions for historical data as well as provides forecasts for next few years.
Electric Water Heater Market will cross USD 30 billion by 2024, with global shipments set to grow at over 6%; as per a research report.
Rising disposable income has resulted in increasing use of electronic appliances by households, which has resulted in increasing electricity consumption. With the rising disposable income and enhanced living standards, households generally tend to progress in the energy ladder in terms of cost, quality, and convenience.
Innovative designs, increased energy efficiency, reduced space requirement, and replacement & the need for upgrading water heaters are stimulating the growth of residential segment. The increasing demand is also attributed to rising disposable income in the developing countries and increasing electrification in the region. This segment is estimated to further grow owing to changing consumer preferences and manufacturers developing products that comply with stringent energy-efficiency regulations.
The demand in the commercial segment is due to the increased requirements for large process portable water heaters. The commercial electric water heater market is affected by organizations preferring solar-powered products due to their advantages in the long run. These applications will grow at over 7% CAGR estimation from 2017 to 2024 to exceed 18 million units.
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The regulatory standards established for the electric water heater market followed by the system vendors may vary as per the region. For instance, National Appliance Energy Conservation Act (NAECA) in the U.S. makes suitable efficiency standards for various household appliances such as dishwashers, refrigerators, water heaters, dryers, and washing machines. NAECA mandates high-energy efficiencies periodically as per energy factor ratings on all residential electric, oil, gas, and tankless water heaters to effectively decrease energy consumption in home appliances.
Products with ohmic array technology offer instant on-demand heating with no heating elements. This technology includes graphite electrodes instead of metal heating elements, which eliminate chances of corrosion, plating, and scaling, offering a longer lifespan and low maintenance. This technology helps in saving time, conserves water & energy, and uses naturally occurring minerals to heat water. With this new technology, water is heated instantly by the direct transfer of energy. Water is the only element that gets hot inside as there is no heating element and thus the surface of the heater does not become hotter than water.
Ohmic heating eliminates the formation of steam bubbles throughout the heating cycle and results in a virtually silent heating operation. There is no heating element, so precipitation of minerals and chemicals dissolved in water can be avoided as precipitates around the heating element and in the bottom of the heating kettle can reduce the heating efficiency. These precipitates can further find their way into the drinks and food, which are prepared using the hot water.
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Table of Content:
Chapter 1 Methodology & Scope
1.1 Methodology
1.1.1 Initial data exploration
1.1.2 Statistical model and forecast
1.1.3 Industry insights and validation
1.1.4 Definition and forecast parameters
1.2 Data Sources
1.2.1 Secondary
1.2.2 Primary
Chapter 2 Executive Summary
2.1 Electric water heater industry 360 degree synopsis, 2013 – 2024
2.1.1 Business trends
2.1.2 Regional trends
2.1.3 Product trends
2.1.4 Application trends
Chapter 3 Electric Water Heater Industry Insights
3.1 Industry segmentation
3.2 Industry landscape, 2013 – 2024
3.3 Industry ecosystem analysis
3.3.1 Distribution channel analysis
3.3.2 Vendor matrix
3.4 Technology & innovation landscape
3.4.1 Grid interactive electric resistance water heater
3.4.2 Ohmic array technology
3.4.3 Smart water heater
3.5 Regulatory landscape
3.5.1 U.S.
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Solar Water Heater Market to See xx% CAGR Growth to 2024: Growth Factor & Trends
MarketStudyReport.com adds a new Solar Water Heater Market research report for the period of 2017-2024 that shows the market is growing at steady CAGR to 2024.
Rising concern to maintain fossil fuel sustainability along with stringent government norms to reduce carbon emissions will stimulate the Solar Water Heater Market growth. Introduction of several targets to reduce carbon emissions and encourage the development of renewable energy will further complement the industry growth. In 2016, the government of UK sets target to reduce carbon emissions up to 57% by 2030 from 1990 levels.
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Solar Water Heater Market will cross USD 4 billion by 2024, according to a new research report.
Growing demand for environment friendly, cost effective and reliable systems for water heating purposes across commercial, industrial, and residential sector will augment the solar water heater market. Ability to reduce electricity bill by 50% to 80% will encourage the product penetration over the forecast timeline.
China solar water heater market is predicted to exceed 45GWth by 2024. Introduction of green building regulations and standards to curb greenhouse gas emissions will positively impact the business landscape. Technological innovation in evacuated tube collector design to reduce the cost and improve efficiency of solar thermal system will further boost the product demand.
Thermosyphon solar water heater market is predicted to witness strong growth owing to its wide application across commercial and residential buildings. Cost effectiveness, ease of installation and simple design are some of the primary benefits which will boost the product penetration.
Favorable measures to encourage the deployment of solar energy along with strict government regulations to reduce greenhouse gas emissions will propel the U.S. solar water heater market share. Under the Obama administration, the country set target to reduce GHG emissions up to 28% by 2025 from 2005 level. Positive outlook towards housing sector will further complement the business growth.
Italy in 2016, accounted for over 5% of the Europe solar water heater market share. Introduction of building code with an aim to reduce the overall emissions will further boost the product demand. In March 2011, the government of Italy introduced law number 28 according to which all new building and buildings that are under construction have been required to fulfil up to 50% of hot water demand with renewable energies since June 2012.
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Industry giants across solar water heater market include Wagner, Bosch, Alternate Energy Technologies, V Guard Industries, Himin Solar Energy, SunTank, Viessmann, EMMVEE, Rinnai, Chromagen, Linuo Ritter, A.O. Smith, Rheem, Racold and Bradford White.
Solar Water Heater market research report includes in-depth coverage of the industry with estimates & forecast in terms of Units, GWth and USD from 2013 to 2024, for the following segments:
Solar Water Heater Market, By Collector – Evacuated Tube, Flat Plate, Unglazed Water.
Solar Water Heater Market, By Product – Thermosyphon, Pumped.
Solar Water Heater Market, By Application – Swimming Pool Heating, Domestic Water Heating, Large Domestic Water Heating, Others.
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Global and China Solar Water Heater Market Research Report Forecast 2017-2021
The Global and China Solar Water Heater Market Research Report Forecast 2017-2021 is a valuable source of insightful data for business strategists. It provides the Solar Water Heater industry overview…
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Global Electric Water Heater Market 2017 Segmentation, Growth, Trend to 2024
Electric Water Heater Market will cross USD 30 billion by 2024, with global shipments set to grow at over 6%; as per a research report published by Global Market Insights, Inc.
Rising disposable income has resulted in increasing use of electronic appliances by households, which has resulted in increasing electricity consumption. With the rising disposable income and enhanced living standards, households generally tend to progress in the energy ladder in terms of cost, quality, and convenience.
Electric Water Heater market research report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability.
Future Scope:
The demand in the commercial segment is due to the increased requirements for large process portable water heaters. The commercial electric water heater market is affected by organizations preferring solar-powered products due to their advantages in the long run. These applications will grow at over 7% CAGR estimation from 2017 to 2024 to exceed 18 million units.
The regulatory standards established for the electric water heater market followed by the system vendors may vary as per the region. For instance, National Appliance Energy Conservation Act (NAECA) in the U.S. makes suitable efficiency standards for various household appliances such as dishwashers, refrigerators, water heaters, dryers, and washing machines. NAECA mandates high-energy efficiencies periodically as per energy factor ratings on all residential electric, oil, gas, and tankless water heaters to effectively decrease energy consumption in home appliances.
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Global Electric Water Heater market share is fragmented with key industry participants including INEOS, Shell, Chevron, Sasol, Idemitsu, Jam Petrochemical and Evonik Industries. Participants focus on expanding their regional presence, product portfolio and technology through partnerships, mergers and acquisitions.
Electric Water Heater Market, By Product
Storage
Non-storage
Electric Water Heater Market, By Application
Residential
Commercial
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North America, U.S, Canada, Europe, Germany, UK, France, Italy, Spain, Poland, Russia, Asia Pacific, China, India, Japan, South Korea, Malaysia Indonesia, Thailand, Latin America, Brazil, Mexico, Argentina, Middle East & Africa Saudi, Arabia, UAE, Iran, Iraq, Egypt, South Africa
Feature Table of Content:
Chapter 1. Methodology & Scope
1.1. Methodology
1.1.1. Initial data exploration
1.1.2. Statistical model and forecast
1.1.3. Industry insights and validation
Chapter 2. Executive Summary
2.1.1 Business trends
2.1.2 Regional trends
2.1.3 Product trends
2.1.4 Application trends
Chapter 3. Industry Insights
3.1 Industry segmentation
3.2 Industry landscape, 2013 – 2024
3.3 Industry ecosystem analysis
3.3.1 Distribution channel analysis
3.3.2 Vendor matrix
Chapter 4. Electric Water Heater Market, By Product
4.1 Global electric water heater market by product, 2016 & 2024
4.2 Storage
4.2.1 Market estimates and forecast, 2013-2024
4.2.2 Market estimates and forecast, by region, 2013-2024
4.3 Non-storage
4.3.1 Market estimates and forecast, 2013-2024
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