Morocco Electric Water Heater Market (2020-2026)

Market Forecast By Product (Storage Water Heaters (Up to 30 Litres, 30.1 to 100 Litres, 100.1 to 250 Litres, 250.1 to 400 Litres, Above 400 Litres), Non-Storage Water Heaters), By Applications (Residential, Commercial, Industrial) and competitive landscape

Product Code: ETC002849 Publication Date: May 2020 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

Morocco Electric Water Heater Market report comprehensively covers the Morocco electric water heater market by product, capacity and applications. Morocco electric water heater market report provides an unbiased and detailed analysis of Morocco electric water heater market trends, Morocco 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.

Morocco Electric Water Heater Market Synopsis

Morocco Electric Water Heater Market is projected to expand at a moderate rate in the forecast period on account of increasing disposable income and increasing investments in the residential segment. Fiscal policy has been geared towards supporting the development of the residential and industrial sector, with the government providing funding for infrastructure projects and tax breaks for private-sector fixed investment. As a result, construction has become an increasingly important driver of the economy in recent years, leading to an increase in sales of electric water heaters. However, coronavirus pandemic would slow down the market in terms of supply of the product during 2020. Due to the closure of markets during the lockdown period, the demand-side would also fall victim to the slowdown. The market has seen a halt owing to the massive outbreak of coronavirus which resulted in a massive decline in the economy due to nationwide lockdown due to which there was a decline in the Morocco electric water heater market.

According to 6Wresearch, Morocco Electric Water Heater Market size is projected to grow at CAGR of 4.7% during 2020-2026. The government of Morocco is working to provide the houses for their citizens due to which housing developments accounted for the majority of construction projects in the country in 2019. However, due to coronavirus the market is expected to witness a slowdown in terms of supply during 2020.

Morocco Electric Water Heater Market

Market Analysis by Product

Storage water heaters were the preferred choice among the most consumers in 2019 as the maintenance cost and repair costs are lower in former than in the latter. Moreover, it has an unrestricted flow rate that’s suited for high-pressure shower fixtures such as rain showers, massage jets and bathtubs.

Market Analysis by Storage Water Heater

By application, the residential sector acquired the majority of the revenue share in the Morocco electric water heater market in 2019. It could be attributed to new housing units being developed at a fast pace in the country. In 2017, the Moroccan government announced its plan to build 800,000 housing units by 2022, in order to meet an increasing demand pushed by demographic growth and expanding urbanization.

Key Attractiveness of the Report

  • COVID-19 Impact on the Market.
  • 10 Years Market Numbers.
  • Historical Data Starting from 2016 to 2019.
  • Base Year: 2019
  • Forecast Data until 2026.
  • Key Performance Indicators Impacting the Market.
  • Major Upcoming Developments and Projects.

Key Highlights of the Report

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

Market Scope and Segmentation

The report provides a detailed analysis of the following market segments:

  • 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:

  • Does the report consider COVID-19 impact?
    The report not only has considered COVID-19 impact but also current market dynamics, trends and KPIs into consideration.
  • How much growth is expected in the Morocco Electric Water Heater Market over the coming years?
    The Morocco Electric Water Heater Market revenue is anticipated to record a CAGR of 4.7% during 2020-2026.
  • Which segment has captured key share of the market?
    Storage Water Heater segment is the leading market segment in the overall market revenues in the year 2019.
  • Which segment is exhibited to gain traction over the forecast period?
    Residential sector is expected to record key growth throughout the forecast period 2020-2026.
  • Who are key the key players of the market?
    The key players of the market include- A. O. Smith Corporation, Ariston Thermo SpA, Bradford White Corporation, Ecotherm Austria GmbH, Haier Smart Home Co. Ltd., Jaquar Group, Rheem Manufacturing Company, Rinnai Corporation, Olympic Group, Heatmaster-Eg
  • Is customization available in the market study?
    Yes, we can do customization as per your requirements. Please feel free to write to us sales@6wresearch.com for any customized or any other requirements
  • We also want to have market reports for other countries/regions.
    6Wresearch has the database of more than 60 countries globally, which can make us your first choice of all your research needs.

Other Key Reports Available:

  • Kenya Electric Water Heater Market (2020-2026F)
  • UAE Electric Water Heater Market (2020-2026F)
  • Qatar Electric Water Heater Market (2020-2026F)

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. Morocco Electric Water Heater Market Overview

3.1. Morocco Electric Water Heater Market Revenues & Volume, 2017-2026F

3.2. Morocco Electric Water Heater Market Revenue & Volume Share, By Product, 2019 & 2026F

3.3. Morocco Electric Water Heater Market Revenue & Volume Share, By Capacity, 2019 & 2026F

3.4. Morocco Electric Water Heater Market Revenue Share, By Applications, 2019 & 2026F

3.5. Morocco Electric Water Heater Market – Industry Life Cycle

3.6. Morocco Electric Water Heater Market – Porter’s Five Forces

4. Morocco Electric Water Heater Market Dynamics

4.1. Impact Analysis

4.2. Market Drivers

4.3. Market Restraints

5. Morocco Electric Water Heater Market Trends

6. Morocco Electric Water Heater Market Overview, By Product

6.1. Morocco Storage Electric Water Heater Market Revenues and Volume, 2017-2026F

6.2. Morocco Non-Storage Electric Water Heater Market Revenues and Volume, By 2017-2026F

7. Morocco Electric Water Heater Market Overview, By Capacity

7.1. Morocco Upto 30 Litres Electric Water Heater Market Revenues and Volume, 2017-2026F

7.2. Morocco 30.1 to 100 Litres Electric Water Heater Market Revenues and Volume, 2017-2026F

7.3. Morocco 100.1 to 250 Litres Electric Water Heater Market Revenues and Volume, 2017-2026F

7.4. Morocco 250.1 to 400 Litres Electric Water Heater Market Revenues and Volume, 2017-2026F

7.5. Morocco Above 400 Litres Electric Water Heater Market Revenues and Volume, 2017-2026F

8. Morocco Electric Water Heater Market Overview, By Applications

8.1. Morocco Residential Electric Water Heater Market Revenues, 2017-2026F

8.2. Morocco Commercial Electric Water Heater Market Revenues, 2017-2026F

8.3. Morocco Industrial Electric Water Heater Market Revenues, 2017-2026F

9. Morocco Electric Water Heater Market Key Performance Indicators

10. Morocco Electric Water Heater Market Opportunity Assessment

 10.1. Morocco Electric Water Heater Market Opportunity Assessment, By Product

 10.2. Morocco Electric Water Heater Market Opportunity Assessment, By Capacity

 10.2. Morocco Electric Water Heater Market Opportunity Assessment, By Applications

11. Morocco Electric Water Heater Market Competitive Landscape

11.1. Morocco Electric Water Heater Market Revenue Share, By Company (2019)

11.2. Morocco Electric Water Heater Market Competitive Benchmarking, By Technical Parameters

12. Company Profiles

12.1. A. O. Smith Corporation

12.2. Ariston Thermo SpA

12.3. Bradford White Corporation

12.4. Ecotherm Austria GmbH

12.5. Haier Smart Home Co. Ltd.

12.6. Jaquar Group

12.7. Rheem Manufacturing Company

12.8. Rinnai Corporation

12.9. Olympic Group

12.10. Heatmaster-Eg

13. Key Strategic Recommendations

14. Disclaimer

List of Figures

Figure 1. Morocco Electric Water Heater Market Revenues & Volume, 2017-2026F

Figure 2. Morocco Electric Water Heater Market Revenue Share, By Product, 2019 & 2026F

Figure 3. Morocco Electric Water Heater Market Volume Share, By Product, 2019 & 2026F

Figure 4. Morocco Electric Water Heater Market Revenue Share, By Capacity, 2019 & 2026F

Figure 5. Morocco Electric Water Heater Market Volume Share, By Capacity, 2019 & 2026F

Figure 6. Morocco Electric Water Heater Market Revenue Share, By Applications, 2019 & 2026F

Figure 7. Morocco Electric Water Heater Market Opportunity Assessment, By Product

Figure 8. Morocco Electric Water Heater Market Opportunity Assessment, By Capacity

Figure 9. Morocco Electric Water Heater Market Opportunity Assessment, By Applications

Figure 10. Morocco Electric Water Heater Market Revenue Share, By Company, 2019

List of Tables

Table 1. Morocco Electric Water Heater Market Revenues, By Product, 2017-2026F ($ Million)

Table 2. Morocco Electric Water Heater Market Volume, By Product, 2017-2026F (Thousand Units)

Table 3. Morocco Electric Water Heater Market Revenues, By Capacity, 2017-2026F ($ Million)

Table 4. Morocco Electric Water Heater Market Volume, By Capacity, 2017-2026F (Thousand Units)

Table 5. Morocco Electric Water Heater Market Revenues, By Applications, 2017-2026F ($ Miliion)

Middle East and North Africa (MENA) Electric Water Heater Market (2020-2026): Market Forecast By Product (Storage Water Heaters (Up to 30 Litres, 30.1 to 100 Litres, 100.1 to 250 Litres, 250.1 to 400 Litres, Above 400 Litres), Non-Storage Water Heaters), By Applications (Residential, Commercial, Industrial), By Countries (Saudi Arabia, UAE, Qatar, Oman, Kuwait, Algeria, Egypt, Morocco & Rest of Middle East and North Africa (Bahrain, Jordan, Yemen, Tunisia, Libya)) and competitive landscape

UAE Electric Water Heater Market (2020-2026): Market Forecast By Product (Storage Water Heaters (Up to 30 Litres, 30.1 to 100 Litres, 100.1 to 250 Litres, 250.1 to 400 Litres, Above 400 Litres), Non-Storage Water Heaters), By Applications (Residential, Commercial, Industrial) and competitive landscape

Saudi Arabia Electric Water Heater Market (2020-2026): Market Forecast By Product (Storage Water Heaters (Up to 30 Litres, 30.1 to 100 Litres, 100.1 to 250 Litres, 250.1 to 400 Litres, Above 400 Litres), Non-Storage Water Heaters), By Applications (Residential, Commercial, Industrial) and competitive landscape

Qatar Electric Water Heater Market (2020-2026): Market Forecast By Product (Storage Water Heaters (Up to 30 Litres, 30.1 to 100 Litres, 100.1 to 250 Litres, 250.1 to 400 Litres, Above 400 Litres), Non-Storage Water Heaters), By Applications (Residential, Commercial, Industrial) and competitive landscape

Oman Electric Water Heater Market (2020-2026): Market Forecast By Product (Storage Water Heaters (Up to 30 Litres, 30.1 to 100 Litres, 100.1 to 250 Litres, 250.1 to 400 Litres, Above 400 Litres), Non-Storage Water Heaters), By Applications (Residential, Commercial, Industrial) and competitive landscape

Kuwait Electric Water Heater Market (2020-2026): Market Forecast By Product (Storage Water Heaters (Up to 30 Litres, 30.1 to 100 Litres, 100.1 to 250 Litres, 250.1 to 400 Litres, Above 400 Litres), Non-Storage Water Heaters), By Applications (Residential, Commercial, Industrial) and competitive landscape

Egypt Electric Water Heater Market (2020-2026): Market Forecast By Product (Storage Water Heaters (Up to 30 Litres, 30.1 to 100 Litres, 100.1 to 250 Litres, 250.1 to 400 Litres, Above 400 Litres), Non-Storage Water Heaters), By Applications (Residential, Commercial, Industrial) and competitive landscape

Algeria Electric Water Heater Market (2020-2026): Market Forecast By Product (Storage Water Heaters (Up to 30 Litres, 30.1 to 100 Litres, 100.1 to 250 Litres, 250.1 to 400 Litres, Above 400 Litres), Non-Storage Water Heaters), By Applications (Residential, Commercial, Industrial) and competitive landscape

 
Pricing
  • Single User License
    $ 1,960
  • Department License
    $ 2,400
  • Site License
    $ 3,120
  • Global License
    $ 3,435

Any Query

Call: +91-11-4302-4305
Email us: sales@6wresearch.com
Any Query? Click Here

Related Reports

Industry Events and Analyst Meet

Our Clients

Airtel
Canon
Contec
HoneyWell
Kriloskar
Pwc Logo
Samsung
Tata Teleservices

Whitepaper

Read All