Ghana Electric Water Heater Market (2020-2026) | Forecast, COVID-19 IMPACT, Companies, Growth, Size, Analysis, Revenue, Share, Value, Outlook, Industry & Trends

Ghana electric water heater market is anticipated to garner potential growth revenues in the foreseeable future on the back of the increased building strategies and eco-standard regulations by the government and concerned electricity authorities in the country which are instigating the adoption of energy-efficient electrical appliances. A spur in the technical competition along with an increase in the product innovation and deployment of advanced features which tend to improve the efficiency of the product is expected to trigger the demand for electric water heaters in Ghana in the coming timeframe and complement the market landscape of Ghana electric water heater market in the upcoming six years.

According to 6Wresearch, the Ghana Electric Water Heater Market size is projected to grow throughout the forecast period 2020-26F. The rising spread of the COVID-19 virus has disturbed the overall production of the electric water heaters backed by the nationwide lockdown imposed to contain the effect of the spread of the pandemic which has led to a significant disturbance in the sales of electric water heaters in the country and has contributed towards the slow growth of the market. However, increased residential use of water coupled with an increased need for bathing and hygienic activities to combat the effect of COVID-19 spread has led to an increased demand for hot water, which in turn instigated prospectus demand for electric water heaters and simultaneously benefit the growth of the Ghana electric water heater market.

The up to 100 litres domain segment of the electric water heaters is anticipated to register the highest growth rate in the coming years on the back of the rising deployment of the electric water heaters in the residential domain owing to rising hygiene and health concerns. Also, with the maximum water consumption up to 70-90 litres per day, the demand for up to 100 litres of electric water heaters is expected to be witnessed at a strong pace and is anticipated to benefit the potential growth of the Ghana electric water heater market in the upcoming six years.

The Ghana electric water heater market report comprehensively covers the Ghana electric water heater market by product, capacity and applications. Ghana electric water heater market report provides an unbiased and detailed analysis of the Ghana electric water heater market trends, Ghana electric water heater market share, opportunities/high growth areas, market drivers which would help the stakeholders to device and align their market strategies according to the current and future market dynamics.

Ghana electric water heater market is anticipated to register sound revenues during the forecast period 2020-26F on the back of the rising potential growth of the residential and commercial sectors. On the basis of the end-users power utility sector is estimated to generate humongous revenues in the market owing to the rising expansion of power projects in the country like The Nzema solar power station aims to provide electricity to the homes. Moreover, the easy electricity access in the country is estimated to propel electric water heater installation as well, which would contribute to the sustainable growth of the Ghana electric water heater market in the coming timeframe.

Key Highlights:         

• Ghana Electric water heater Market Overview
• Ghana Electric Water Heater Market Outlook
• Ghana Electric Water Heater Market Forecast
• Ghana Electric Water Heater Market Size
• Historical Data of Ghana Electric Water Heater Market Revenues and Volume for the period, 2017-2019
• Ghana Electric Water Heater Market Forecast of Revenues and Volume, Until 2026
• Historical Data of Ghana Electric Water Heater Market Revenues and Volume for the period, By Product, 2017-2019
• Forecast of Ghana Electric Water Heater Market Revenues and Volume, By Product, Until 2026
• Historical Data of Ghana Electric Water Heater Market Revenues and Volume for the period, By Capacity, 2017-2019
• Forecast of Ghana Electric Water Heater Market Revenues and Volume, By Capacity, Until 2026
• Historical Data of Ghana Electric Water Heater Market Revenues for the period, By Applications, 2017-2019
• Forecast of Ghana Electric Water Heater Market Revenues, By Applications, Until 2026
• Ghana Electric Water Heater Market Outlook on Drivers and Restraints
• Ghana Electric Water Heater Market Trends
• Ghana Electric Water Heater Industry Life Cycle
• Porter’s Five Force Analysis
• Ghana Electric Water Heater Market Opportunity Assessment
• Ghana Electric Water Heater Market Share, By Company
• Ghana Electric Water Heater Market Overview on Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations

Markets Covered:

• By Product:
• Storage Water Heaters
• Up to 30 Litres
• 1 to 100 Litres
• 1 to 250 Litres
• 1 to 400 Litres
• Above 400 Litres
• Non-Storage Water Heaters
  
  
• By Applications:
• Residential
• Commercial
• Industrial

Frequently Asked Questions About the Market Study (FAQs):