Rising awareness amongst the people for energy-efficient and economical products coupled with surging installation in the commercial sector has propelled the Europe water heater market. Stringent environmental regulations on the adoption of energy-efficient products have further stimulated the water heater market in Europe. Moreover, the rising tourism sector has led to an increase in the hospitality sector construction projects which would result in an increase in demand for water heater especially solar water heater over the next six years.
According to 6Wresearch, Europe Water Heater Market size is expected to witness significant growth during 2019-2025. Germany and the United Kingdom are the leading revenue-generating countries in the Europe water heater market primarily due to the government policies and technological advancements augmenting the use of energy-efficient products. For instance, the European Commission introduced the “Renewable Energy” directive so as to achieve its target of about 38 % of energy consumption from renewable resources by 2030.
Based on applications, the residential sector holds a leading share in the water heater market owing to the growing construction in the residential sector. However, commercial and industrial sectors are also anticipated to register substantial growth in demand over the forecast period on account of escalating demand for hot water in various manufacturing industries, hotels, and hospitals.
Europe water heater market report thoroughly covers the market by its types, applications, distribution channels, and countries including Germany, Spain, Italy, the United Kingdom, and the Rest of Europe. Europe water heater market outlook report provides an unbiased and detailed analysis of the Europe water heater market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their strategies according to the future and current market dynamics.
Europe electric water heater market is estimated to witness substantial growth in the upcoming six years on the back of the growth of electric water heaters in the commercial and residential sectors. Additionally, on the basis of end-users, the tourism sector is expected to generate the highest market revenues owing to a rise in the construction of resorts and hotels where electric water heaters serve as basic amenities for tourists which is expected to propel the highest installation of the electric water heater. Further, rising disposable income amongst the population of the country which is making purchase of electric water heaters an affordable deal in the residential sector would leave a positive impact on the potential growth of Europe electric water heater market during the forecast period.
Key Highlights of the Report:
- Europe Water Heater Market Overview
- Europe Water Heater Market Outlook
- Europe Water Heater Market Forecast
- Historical Data of Europe Water Heater Revenues and Volume for the Period 2015-2018
- Europe Water Heater Market Size and Europe Water Heater Market Forecast of Revenues and Volume, Until 2025
- Historical Data of Europe Water Heater Market Revenues and Volume, By Product Types, for the Period 2015-2018
- Market Size & Forecast of Europe Water Heater Market Revenues and Volume, By Product Types, until 2025
- Historical Data of Europe Water Heater Market Revenues and Volume, By Applications, for the Period 2015-2018
- Market Size & Forecast of Europe Water Heater Market Revenues and Volume, By Applications, until 2025
- Historical Data of Europe Water Heater Market Revenues and Volume, By Distribution Channels, for the Period 2015-2018
- Market Size & Forecast of Europe Water Heater Market Revenues and Volume, By Distribution Channels, until 2025
- Historical Data of Germany Water Heater Market Revenues and Volume, for the Period 2015-2018
- Market Size & Forecast of Germany Water Heater Market Revenues and Volume, until 2025
- Historical Data of France Water Heater Market Revenues and Volume, for the Period 2015-2018
- Market Size & Forecast of France Water Heater Market Revenues and Volume, until 2025
- Historical Data of Italy Water Heater Market Revenues and Volume, for the Period 2015-2018
- Market Size & Forecast of Italy Water Heater Market Revenues and Volume, until 2025
- Historical Data of United Kingdom Water Heater Market Revenues and Volume, for the Period 2015-2018
- Market Size & Forecast of United Kingdom Water Heater Market Revenues and Volume, until 2025
- Historical Data of Rest of Europe Water Heater Market Revenues and Volume, for the Period 2015-2018
- Market Size & Forecast of Rest of Europe Water Heater Market Revenues and Volume, until 2025
- Market Drivers and Restraints
- Europe Water Heater Market Trends and Industry Life Cycle
- Europe Water Heater Market Share, By Regions
- Europe Water Heater Market Share, By Players
- Europe Water Heater Market Overview on Competitive Benchmarking
- Company Profiles
- Key Strategic Recommendations
Markets Covered
The Europe Water Heater Market report provides a detailed analysis of the following market segments:
- By Product Types:
- Solar
- Instant
- Electric
- Gas
- By Applications:
- Commercial
- Residential
- Industrial
- By Distribution Channels:
- Supermarket/Hypermarket
- Specialty Stores
- E-Commerce
- Others (Wholesalers, Distributors)
- By Countries:
- Germany
- France
- Italy
- United Kingdom
- Rest of Europe
Other Key Reports Available:
- Germany Water Heater Market Report
- France Water Heater Market Report
- Italy Water Heater Market Report
- United Kingdom Water Heater Market Report
