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

Product Code: ETC002850 Publication Date: May 2020 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

Oman electric water heater market has bright prospects in the coming years as thriving hospitality and residential sectors are expected to propel the demand for electric water heaters in the coming years. In order to recover swiftly from the economic slowdown, the government has started several new development plans aimed at promoting industrialization, privatization and foreign investments in the Sultanate’s economy and had the eventual goal of reducing the nation’s dependency on oil revenues, which has kickstarted many hotel projects across the country. However, coronavirus pandemic would slow down the market in terms of supply of the product in the first half of 2020. While on the other hand, demand-side would also fall victim to the slowdown due to the market being closed during the lockdown period.

According to 6WResearch, Oman Electric Water Heater Market size is projected to grow at a CAGR of 4.5% during 2020-2026. In 2019, storage water heaters dominated the product segment in terms of revenue and volume on account of lower installation charges. Moreover, the operating system of a storage water heater is relatively user-friendly, which significantly reduces the maintenance and repair costs as well.

In 2019, the residential sector held the top position in revenue charts in the country on account of surging development of residential buildings. The same trend is expected to prevail in the coming years. Development projects such as Naseem A’Sabah ($1.04 bn), Sur Gate Project ($311.7 mn), Quriyat ITC Project ($1 bn), Omagine Project, Al Nakheel, and Hawana Lagoons Salalah are expected to increase the demand for water heaters in housing and hospitality domain over the coming years. On the commercial front, Oman Hotels and Tourism Co. would invest about $260 million to build 10 hotels in Oman by 2021. Such developments, in turn, would help generate demand for electric water heaters in the country during the forecast period.

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

Key Highlights:         

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

Key reports related to Oman Electric Water Heater Market include:

  • Turkey Electric Water Heater Market (2020-2026F)
  • Saudi Arabia Electric Water Heater Market (2020-2026F)
  • UAE 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. Oman Electric Water Heater Market Overview

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

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

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

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

3.5. Oman Electric Water Heater Market – Industry Life Cycle

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

4. Oman Electric Water Heater Market Dynamics

4.1. Impact Analysis

4.2. Market Drivers

4.3. Market Restraints

5. Oman Electric Water Heater Market Trends

6. Oman Electric Water Heater Market Overview, By Product

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

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

7. Oman Electric Water Heater Market Overview, By Capacity

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

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

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

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

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

8. Oman Electric Water Heater Market Overview, By Applications

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

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

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

9. Oman Electric Water Heater Market Key Performance Indicators

10. Oman Electric Water Heater Market Opportunity Assessment

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

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

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

11. Oman Electric Water Heater Market Competitive Landscape

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

11.2. Oman 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. Robert Bosch GmbH

12.10. Saudi Ceramics Company

13. Key Strategic Recommendations

14. Disclaimer

List of Figures

Figure 1. Oman Electric Water Heater Market Revenues & Volume, (2017-2026F)

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

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

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

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

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

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

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

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

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

List of Tables

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

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

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

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

Table 5. Oman 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

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

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

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