| Product Code: ETC7533618 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In the Iceland tankless water heater market, the import trend showed a growth rate of 7.0% from 2023 to 2024, with a compound annual growth rate (CAGR) of 21.13% for the period of 2020-2024. This upward trajectory may be attributed to increased demand for energy-efficient home appliances in response to environmental concerns and consumer preferences for sustainable products.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Iceland Tankless Water Heater Market Overview |
3.1 Iceland Country Macro Economic Indicators |
3.2 Iceland Tankless Water Heater Market Revenues & Volume, 2021 & 2031F |
3.3 Iceland Tankless Water Heater Market - Industry Life Cycle |
3.4 Iceland Tankless Water Heater Market - Porter's Five Forces |
3.5 Iceland Tankless Water Heater Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Iceland Tankless Water Heater Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Iceland Tankless Water Heater Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about energy efficiency and cost savings associated with tankless water heaters |
4.2.2 Growing demand for compact and space-saving home appliances in Iceland |
4.2.3 Government incentives and regulations promoting the adoption of energy-efficient technologies |
4.3 Market Restraints |
4.3.1 Initial high upfront cost of tankless water heaters compared to traditional storage water heaters |
4.3.2 Limited availability of skilled technicians for installation and maintenance of tankless water heaters |
4.3.3 Variability in water quality and pressure in different regions of Iceland affecting the performance of tankless water heaters |
5 Iceland Tankless Water Heater Market Trends |
6 Iceland Tankless Water Heater Market, By Types |
6.1 Iceland Tankless Water Heater Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Iceland Tankless Water Heater Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Iceland Tankless Water Heater Market Revenues & Volume, By Whole-House, 2021- 2031F |
6.1.4 Iceland Tankless Water Heater Market Revenues & Volume, By Point-of-Use, 2021- 2031F |
6.2 Iceland Tankless Water Heater Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Iceland Tankless Water Heater Market Revenues & Volume, By Residential, 2021- 2031F |
6.2.3 Iceland Tankless Water Heater Market Revenues & Volume, By Commercial, 2021- 2031F |
7 Iceland Tankless Water Heater Market Import-Export Trade Statistics |
7.1 Iceland Tankless Water Heater Market Export to Major Countries |
7.2 Iceland Tankless Water Heater Market Imports from Major Countries |
8 Iceland Tankless Water Heater Market Key Performance Indicators |
8.1 Percentage increase in energy savings reported by households after switching to tankless water heaters |
8.2 Number of new residential construction projects opting for tankless water heaters as the primary water heating solution |
8.3 Average time taken for installation and maintenance of tankless water heaters in households |
9 Iceland Tankless Water Heater Market - Opportunity Assessment |
9.1 Iceland Tankless Water Heater Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Iceland Tankless Water Heater Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Iceland Tankless Water Heater Market - Competitive Landscape |
10.1 Iceland Tankless Water Heater Market Revenue Share, By Companies, 2024 |
10.2 Iceland Tankless Water Heater Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |