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
| Product Code: ETC002852 | Publication Date: May 2020 | Product Type: Report | |
| Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
Saudi Arabia electric water heater market is projected to expand at a healthy rate in the forecast period on account of increasing disposable income and increasing investments in the residential segment. Approximately 70,000 residential units are expected to be supplied to the market between 2019 and 2021. Additionally, investments in new resorts and hotels would boost the sales of water heaters in the future. However, the electric water heater market is expected to take a hit amid the coronavirus pandemic in 2020. The manufacturing is suffering from both decline in output via ‘supply shock’ as well as ‘demand shock.’ Further, the slowdown in country’s tourism coupled with a halt in hospitality projects would lead to dip in sales in 2020 as Saudi Arabia’s tourism industry could take a hit of up to 45 per cent in 2020 because of the coronavirus pandemic.
According to 6WResearch, Saudi Arabia Electric Water Heater Market size is projected to grow at a CAGR of 7.0% during 2020-2026. In 2019, storage water heaters dominated the product segment in terms of revenue and volume as these types of water heaters are used for centralized water heating which assists in utilizing warm water at different outlets simultaneously.
Residential sector acquired the largest revenue share in Saudi Arabia electric water heater market in 2019 owing to rising per capita disposable income and improving the standard of living. The government of Saudi Arabia has also planned to increase homeownership from 47% to 60% by 2020 and 70% by 2030, leading to the development of more homes which would eventually boost the demand for electric water heaters over the coming years.
The Saudi Arabia electric water heater market report comprehensively covers the Saudi Arabia electric water heater market by product, capacity, and applications. Saudi Arabia electric water heater market report provides an unbiased and detailed analysis of the Saudi Arabia electric water heater market trends, Saudi Arabia 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:
- Saudi Arabia Electric water heater Market Overview
- Saudi Arabia Electric Water Heater Market Outlook
- Saudi Arabia Electric Water Heater Market Forecast
- Saudi Arabia Electric Water Heater Market Size
- Historical Data of Saudi Arabia Electric Water Heater Market Revenues and Volume for the period, 2017-2019
- Saudi Arabia Electric Water Heater Market Forecast of Revenues and Volume, Until 2026
- Historical Data of Saudi Arabia Electric Water Heater Market Revenues and Volume for the period, By Product, 2017-2019
- Forecast of Saudi Arabia Electric Water Heater Market Revenues and Volume, By Product, Until 2026
- Historical Data of Saudi Arabia Electric Water Heater Market Revenues and Volume for the period, By Capacity, 2017-2019
- Forecast of Saudi Arabia Electric Water Heater Market Revenues and Volume, By Capacity, Until 2026
- Historical Data of Saudi Arabia Electric Water Heater Market Revenues for the period, By Applications, 2017-2019
- Forecast of Saudi Arabia Electric Water Heater Market Revenues, By Applications, Until 2026
- Saudi Arabia Electric Water Heater Market Outlook on Drivers and Restraints
- Saudi Arabia Electric Water Heater Market Trends
- Saudi Arabia Electric Water Heater Industry Life Cycle
- Porter’s Five Force Analysis
- Saudi Arabia Electric Water Heater Market Opportunity Assessment
- Saudi Arabia Electric Water Heater Market Share, By Company
- Saudi Arabia 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
- Storage Water Heaters
- By Applications:
- Residential
- Commercial
- Industrial
Key reports related to Saudi Arabia Electric Water Heater Market include:
- Turkey Electric Water Heater Market (2020-2026F)
- UAE Electric Water Heater Market (2020-2026F)
- Qatar Electric Water Heater Market (2020-2026F)
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1. Executive Summary |
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2. Introduction |
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2.1. Key Highlights of the Report |
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2.2. Report Description |
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2.3. Market Scope & Segmentation |
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2.4. Research Methodology |
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2.5. Assumptions |
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3. Saudi Arabia Electric Water Heater Market Overview |
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3.1. Saudi Arabia Electric Water Heater Market Revenues & Volume, 2017-2026F |
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3.2. Saudi Arabia Electric Water Heater Market Revenue & Volume Share, By Product, 2019 & 2026F |
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3.3. Saudi Arabia Electric Water Heater Market Revenue & Volume Share, By Capacity, 2019 & 2026F |
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3.4. Saudi Arabia Electric Water Heater Market Revenue Share, By Applications, 2019 & 2026F |
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3.5. Saudi Arabia Electric Water Heater Market – Industry Life Cycle |
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3.6. Saudi Arabia Electric Water Heater Market – Porter’s Five Forces |
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4. Saudi Arabia Electric Water Heater Market Dynamics |
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4.1. Impact Analysis |
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4.2. Market Drivers |
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4.3. Market Restraints |
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5. Saudi Arabia Electric Water Heater Market Trends |
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6. Saudi Arabia Electric Water Heater Market Overview, By Product |
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6.1. Saudi Arabia Storage Electric Water Heater Market Revenues and Volume, 2017-2026F |
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6.2. Saudi Arabia Non-Storage Electric Water Heater Market Revenues and Volume, By 2017-2026F |
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7. Saudi Arabia Electric Water Heater Market Overview, By Capacity |
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7.1. Saudi Arabia Upto 30 Litres Electric Water Heater Market Revenues and Volume, 2017-2026F |
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7.2. Saudi Arabia 30.1 to 100 Litres Electric Water Heater Market Revenues and Volume, 2017-2026F |
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7.3. Saudi Arabia 100.1 to 250 Litres Electric Water Heater Market Revenues and Volume, 2017-2026F |
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7.4. Saudi Arabia 250.1 to 400 Litres Electric Water Heater Market Revenues and Volume, 2017-2026F |
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7.5. Saudi Arabia Above 400 Litres Electric Water Heater Market Revenues and Volume, 2017-2026F |
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8. Saudi Arabia Electric Water Heater Market Overview, By Applications |
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8.1. Saudi Arabia Residential Electric Water Heater Market Revenues, 2017-2026F |
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8.2. Saudi Arabia Commercial Electric Water Heater Market Revenues, 2017-2026F |
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8.3. Saudi Arabia Industrial Electric Water Heater Market Revenues, 2017-2026F |
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9. Saudi Arabia Electric Water Heater Market Key Performance Indicators |
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10. Saudi Arabia Electric Water Heater Market Opportunity Assessment |
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10.1. Saudi Arabia Electric Water Heater Market Opportunity Assessment, By Product |
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10.2. Saudi Arabia Electric Water Heater Market Opportunity Assessment, By Capacity |
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10.2. Saudi Arabia Electric Water Heater Market Opportunity Assessment, By Applications |
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11. Saudi Arabia Electric Water Heater Market Competitive Landscape |
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11.1. Saudi Arabia Electric Water Heater Market Revenue Share, By Company (2019) |
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11.2. Saudi Arabia Electric Water Heater Market Competitive Benchmarking, By Technical Parameters |
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12. Company Profiles |
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12.1. A. O. Smith Corporation |
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12.2. Ariston Thermo SpA |
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12.3. Bradford White Corporation |
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12.4. Ecotherm Austria GmbH |
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12.5. Haier Smart Home Co. Ltd. |
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12.6. Jaquar Group |
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12.7. Rheem Manufacturing Company |
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12.8. Rinnai Corporation |
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12.9. Robert Bosch GmbH |
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12.10. Saudi Ceramics Company |
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13. Key Strategic Recommendations |
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14. Disclaimer |
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List of Figures |
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Figure 1. Saudi Arabia Electric Water Heater Market Revenues & Volume, (2017-2026F) |
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Figure 2. Saudi Arabia Electric Water Heater Market Revenue Share, By Product, 2019 & 2026F |
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Figure 3. Saudi Arabia Electric Water Heater Market Volume Share, By Product, 2019 & 2026F |
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Figure 4. Saudi Arabia Electric Water Heater Market Revenue Share, By Capacity, 2019 & 2026F |
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Figure 5. Saudi Arabia Electric Water Heater Market Volume Share, By Capacity, 2019 & 2026F |
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Figure 6. Saudi Arabia Electric Water Heater Market Revenue Share, By Applications, 2019 & 2026F |
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Figure 7. Riyadh Residential Supply, 2017-2021F (Thousand Units) |
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Figure 8. Jeddah Residential Supply, 2017-2021F (Thousand Units) |
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Figure 9. Dammam Residential Supply, 2017-2021F (Thousand Units) |
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Figure 10. Makkah Residential Supply, 2017-2021F (Thousand Units) |
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Figure 11. Riyadh Retail Supply, 2017-2021F (‘000 sq. m GLA ) |
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Figure 12. Jeddah Retail Supply, 2017-2021F (‘000 sq. m GLA ) |
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Figure 13. Dammam Retail Supply, 2017-2021F (‘000 sq. m GLA ) |
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Figure 14. Makkah Retail Supply, 2017-2021F (‘000 sq. m GLA ) |
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Figure 15. Saudi Arabia Electric Water Heater Market Opportunity Assessment, By Product |
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Figure 16. Saudi Arabia Electric Water Heater Market Opportunity Assessment, By Capacity |
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Figure 17. Saudi Arabia Electric Water Heater Market Opportunity Assessment, By Applications |
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Figure 18. Saudi Arabia Electric Water Heater Market Revenue Share, By Company, 2019 |
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List of Tables |
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Table 1. Saudi Arabia Electric Water Heater Market Revenues, By Product, 2017-2026F ($ Million) |
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Table 2. Saudi Arabia Electric Water Heater Market Volume, By Product, 2017-2026F (Thousand Units) |
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Table 3. Saudi Arabia Electric Water Heater Market Revenues, By Capacity, 2017-2026F ($ Million) |
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Table 4. Saudi Arabia Electric Water Heater Market Volume, By Capacity, 2017-2026F (Thousand Units) |
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Table 5. Saudi Arabia Electric Water Heater Market Revenues, By Applications, 2017-2026F ($ Million) |
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Table 6. Saudi Arabia Upcoming Building Projects, 2021-23 |
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