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Middle East Water Heater Market Analysis, Growth by Top Companies, Trends by Types and Application, Forecast to 2024

Author : Rahul Sankrityayan | Published Date : 2019-10-09 

Middle East Water Heater Market report gives attention to market segmentation, market size, and forecast of 2018-2024 to help stakeholders in making a good decision for the future investments. The industry report segmented into types, application, and regions with providing production, revenue, import/export.

Middle East Water Heater Market is predicted to reach over USD 1.5 billion by 2024. Increasing investment toward development of ageing infrastructure coupled with expanding urban population will stimulate the Middle East water heater market.

Betterment of living standards on account of notable rise in the disposable income will accelerate the product penetration. According to the World Population Review in 2018, arround 98% of Kuwait's population is urbanized at a rate of 2.1% (urbanization rate) per year.

Kuwait water heater market is set to exceed the installation of over 750 thousand units by 2024. Key parameters including ample business prospects, abundance of potential consumers and rising need for customization of product will encourage the product penetration. In addition, rising investments toward the development of several commercial project will enhance the industry growth. For instance, Kuwait will invest USD 160 billion for island development project, as part of a major construction plan in the next 20 years. The project will include sport facilities, amusement parks, business & shopping centers and hotels.

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Growing demand of green building solutions on account of inclination toward sustainable heating systems will foster solar water heater market. Favorable initiatives and regulations to limit carbon emissions will encourage the product landscape. As per major industry regulators, set mandates for the deployment of solar energy systems in newly-built establishments will further complement the product adoption.

Commercial water heater market is set to grow on account of accelerating investment toward development of manufacturing units across the region. The systems are primarily deployed across healthcare services, institutions, shopping centers, service establishments and hotels. The UAE government is expected to invest about USD 8.4 billion toward development of hotels across the country by the end of 2018.

Sustained power prices coupled with growing demand for energy efficient solutions will augment the Middle East water heater market. In addition, the ongoing government investment toward execution of green growth strategies will accelerate the product demand. Favorable initiatives toward the upgradation of traditional water heaters will complement the business landscape.

Qatar water heater market is set to expand over 4% by 2024. Ongoing economic transformations have made the nation an ideal place for trade and business. Current government initiatives toward the commercial infrastructure development for hosting big world class event including the 2022 FIFA world cup will enhance the business landscape.

Reducing natural gas prices coupled with rising electricity generation cost from coal will foster Middle East water heater market. As a clean burning fuel NG is anticipated to witness high demand in the coming years. Government measures toward adoption of NG on account of ample availability will encourage the product penetration.

Key players across Middle East water heater market include Whirlpool, State Industries, A.O. Smith, Ferroli, Bradford White, Himin Solar,Rinnai Corporation, Rheem Manufacturing, Ariston Thermo, Hubbell, Linuo Ritter, Jaquar, Kanch, Saudi Ceramics, Haier & Vaillant, Bosch and Viessmann.

Partial Table of Contents (ToC) of the report:

Chapter 4   Middle East Water Heater Market, By Product

4.1   Middle East water heater market share by product, 2017 & 2024

4.2   Solar

4.2.1   Middle East market from solar, 2013 - 2024

4.3   Instant

4.3.1   Middle East market from instant, 2013 - 2024

4.3.1.1   Middle East market from instant, by energy source 2013 – 2024

4.3.1.1.1   Electric

4.3.1.1.2   Gas

4.4   Storage

4.4.1   Middle East market from storage, 2013 - 2024

4.4.1.1   Middle East market from storage, by energy source 2013 – 2024

4.4.1.1.1   Electric

4.4.1.1.2   Middle East market from electric 2013 - 2024

4.4.1.1.3   Middle East market from electric by capacity 2013 – 2024

4.4.1.1.3.1   Middle East market from below 30 liter 2013 - 2024

4.4.1.1.3.2   Middle East market from 30-100 liter 2013 - 2024

4.4.1.1.3.3   Middle East market from 100-250 liter 2013 - 2024

4.4.1.1.3.4   Middle East market from 250-400 liter 2013 - 2024

4.4.1.1.3.5   Middle East market from above 400 liter 2013 - 2024

4.4.1.1.4   Gas

4.4.1.1.5   Middle East market from gas 2013 - 2024

4.4.1.1.6   Middle East market from gas by capacity 2013 – 2024

4.4.1.1.6.1   Middle East market from below 30 liter 2013 - 2024

4.4.1.1.6.2   Middle East market from 30-100 liter 2013 - 2024

4.4.1.1.6.3   Middle East market from 100-250 liter 2013 - 2024

4.4.1.1.6.4   Middle East market from 250-400 liter 2013 - 2024

4.4.1.1.6.5   Middle East market from above 400 liter 2013 - 2024

Chapter 5   Middle East Water Heater Market, By Application

5.1   Middle East water heater market share by application, 2017 & 2024

5.2   Residential

5.2.1   Middle East market from Residential, 2013 - 2024

5.3   Commercial

5.3.1   Middle East market from Commercial, 2013 - 2024

5.3.2   Middle East market from Commercial, 2013 - 2024

5.3.2.1   College/University

5.3.2.1.1   Middle East market from College/University, 2013 - 2024

5.3.2.2   Offices

5.3.2.2.1   Middle East market from Offices, 2013 - 2024

5.3.2.3   Government/Military

5.3.2.3.1   Middle East market from Government/military, 2013 - 2024

5.3.2.4   Others

5.3.2.4.1   Middle East market from Others, 2013 - 2024

5.4   Industrial

5.4.1   Middle East market from Industrial, 2013 - 2024

Chapter 6   Middle East Water Heater Market, By Capacity

6.1   Middle East water heater market share by capacity, 2017 & 2024

6.2   Below 30 liter

6.2.1   Middle East market from, below 30 liter 2013 - 2024

6.3   30-100 liter

6.3.1   Middle East market from, 30-100 liter 2013 - 2024

6.4   100-250 liter

6.4.1   Middle East market from, 100-250 liter 2013 - 2024

6.5   250-400 liter

6.5.1   Middle East market from, 250-400 liter 2013 - 2024

6.6   Above 400 liter

6.6.1   Middle East market from, above 400 liter 2013 - 2024

Chapter 7   Middle East Water Heater Market, By Fuel

7.1   Middle East water heater market share by fuel, 2017 & 2024

7.2   Natural Gas

7.2.1   Middle East market from natural gas, 2013 - 2024

7.3   LPG

7.3.1   Middle East market from LPG, 2013 – 2024

Related Report:

https://www.marketwatch.com/press-release/2019-report-solar-reflective-glass-market-growth-analysis-and-trends-forecast-to-2025-2019-10-09

https://www.marketwatch.com/press-release/gas-insulated-transmission-lines-market-2019-by-industry-trend-growth-and-regional-forecast-to-2025-2019-10-09

About Author

Rahul Sankrityayan

Rahul Sankrityayan

Fortified with a post-graduate degree in Computer Applications, Rahul Sankrityan writes for Fractovia, where he pens down news and articles spanning across segments of technology industry that excite him on a day-to-day basis. Rahul comes with a rich experience in technical field as well as writing. He can be contacted at- [email protected] | https://twitter.com/sankritsays

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