Increasing government initiatives to strengthen commercial and industrial sectors on the back of “Saudi Arabia vision 2030” have propelled the growth of the electric water heater market in Saudi Arabia. Further, increasing consumer preference for low emission, energy-efficient, and cost-effective water heating systems would push the market growth over the coming years. However, stringent norms by the “Saudi Standards Metrology and Quality Organization” would hamper the market growth.

According to 6Wresearch, Saudi Arabia Electric Water Heater Market size is anticipated to register growth during 2019-2025. Based on applications, residential captured the majority of the market share in 2018 due to increasing residential sector construction projects coupled with rising per capita disposable income. Moreover, increasing consumer inclination toward smart water heaters which are Wi-Fi and Bluetooth enabled would fuel the market growth during the forecast period.

Increasing investments in infrastructural development projects such as “King Abdullah Financial City”, “Riyadh metro project”, “Neom giga-project” “Jeddah Tower” as well as the construction of smart cities including “Qiddiya entertainment city” would positively influence the demand for electric water heater market over the next six years. Further, increasing government initiatives to support the tourism industry in Saudi Arabia would boost market growth.

The Saudi Arabia electric water heater market report thoroughly covers the market by products, capacity, applications, and key regions including the western region, central region, eastern region, and southern region. The Saudi Arabia electric water heater market outlook report provides an unbiased and detailed analysis of the ongoing Saudi Arabia electric water heater market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Key Highlights of the Report:

• Saudi Arabia Electric Water Heater Market Overview
• Saudi Arabia Electric Water Heater Market Outlook
• Saudi Arabia Electric Water Heater Market Forecast
• Historical Data of Saudi Arabia Electric Water Heater Market Revenues & Volume for the Period 2015-2018
• Saudi Arabia Electric Water Heater Market Size and Saudi Arabia Electric Water Heater Market Forecast of Revenues & Volume, Until 2025
• Historical Data of Saudi Arabia Electric Water Heater Market Revenues, by Products, for the Period 2015-2018
• Market Size & Forecast of Saudi Arabia Electric Water Heater Market Revenues, by Products, Until 2025
• Historical Data of Saudi Arabia Electric Water Heater Market Revenues, By Applications, for the Period 2015-2018
• Market Size & Forecast of Saudi Arabia Electric Water Heater Market Revenues, By Applications, Until 2025
• Historical Data of Saudi Arabia Electric Water Heater Market Revenues, by Capacity, for the Period 2015-2018
• Market Size & Forecast of Saudi Arabia Electric Water Heater Market Revenues, by Capacity, Until 2025
• Historical Data of Central Region Electric Water Heater Market Revenues, for the Period 2015-2018
• Market Size & Forecast of Central Region Electric Water Heater Market Revenues, Until 2025
• Historical Data of Western Region Electric Water Heater Market Revenues, for the Period 2015-2018
• Market Size & Forecast of Western Region Electric Water Heater Market Revenues, Until 2025
• Historical Data of Eastern Region Electric Water Heater Market Revenues, for the Period 2015-2018
• Market Size & Forecast of Eastern Region Electric Water Heater Market Revenues, Until 2025
• Historical Data of Southern Region Electric Water Heater Market Revenues, for the Period 2015-2018
• Market Size & Forecast of Southern Region Electric Water Heater Market Revenues, Until 2025
• Market Drivers and Restraints
• Saudi Arabia Electric Water Heater Market Trends and Industry Life Cycle
• Porter’s Five Force Analysis
• Market Opportunity Assessment
• Saudi Arabia Electric Water Heater Market Share, By Players
• Saudi Arabia Electric Water Heater Market Share, By Regions
• Saudi Arabia Electric Water Heater Market Overview on Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations

Markets Covered

The Saudi Arabia Electric Water Heater Market report provides a detailed analysis of the following market segments:

By-Products:

• Storage
• Non-Storage

By Capacity:

• Small Water Heater(up to 100lt)
• Medium Water Heater(100-400lt)
• Large Water Heater(above 400lt)

By Applications:

• Residential
• Industrial
• Commercial

By Regions:

• Central Region
• Western Region
• Eastern Region
• Southern Region