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

India electric water heater market is anticipated to garner potential growth revenues in the foreseeable future on the back of rising discretionary spending by the households in times of cold weather and backed by the increased hygiene concerns. Further, in the residential domain, the deployment of the product has seen a spur since the Indian federation has discontinued the supply of centralized hot ware to the households in the cold months. Due to a stoppage in the centrally supplied hot water, the adoption of the personal electric water heater in the Indian cities and is expected to leave a positive impact on the market landscape of India electric water heater market in the foreseeable future.

According to 6Wresearch, the India 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 India electric water heater market.

Based on the end-users, the residential domain of the overall India electric water heater market is anticipated to dominate the overall market revenues in the coming timeframe on the back of changing architectural designs of residential buildings along with rapid urbanization in the country which is leading to an increase for premium homeware products. Further, the up to 250 litres segment of the electric water heaters is expected to register the highest revenues owing to an increased deployment of centralized water heating system in the country which is leading to an increased need for the up to 250 litres capacity electric water heaters which tend to meet the average daily demand of the households.

The India electric water heater market report comprehensively covers the India electric water heater market by product, capacity and applications. India electric water heater market report provides an unbiased and detailed analysis of the India electric water heater market trends, India 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.

India electric water heater market is anticipated to gain momentum during the forecast period 2020-26F backed by the rising explosive growth of the pharmaceutical industry. The rising foreign direct investment for greenfield pharma, which depicts massive manufacturing of pharmaceutical products in the country coupled with the rising export practices, where the United States and the United Kingdom being the top Indian pharmaceutical importing countries. On the other hand, Accelerate use of medicines domestically underpinned by the increasing prevalence of chronic disease and bacterial infections, Electric water heaters are estimated to generate significant demand during the medicine preparation and sterilization process and is expected to boost the growth of India electric water heater market in the coming timeframe.

Key Highlights of The Reports:         

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