The Global Commercial Water Heaters Market is expected to grow by $ 2.16 bn during 2022-2026 progressing at a CAGR of 5.41% during the forecast period

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Global Commercial Water Heaters Market 2022-2026 The analyst has been monitoring the commercial water heaters market and it is poised to grow by $ 2.16 bn during 2022-2026 progressing at a CAGR of 5.

New York, March 22, 2022 (GLOBE NEWSWIRE) – Reportlinker.com announces the release of the report “Global Commercial Water Heaters Market 2022-2026” – https://www.reportlinker.com/p06246400/?utm_source=GNW
41% during the forecast period. Our report on the commercial water heaters market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by increasing demand for hybrid water heaters, technological innovations in commercial water heaters, and growing government initiatives promoting the use of energy-efficient heating.
The commercial water heaters market analysis includes the type segment and geographic landscape.

The commercial water heaters market is segmented as below:
By Type
• Electric water heater
• Gas water heater
• Solar water heater

By Geographical Landscape
• APAC
• Europe
• North America
• South America
• Middle East and Africa

This study identifies the rising initiatives for energy-efficient commercial buildings as one of the prime reasons driving the commercial water heaters market growth during the next few years. Also, increasing demand for smart and connected devices and increasing demand for hybrid water heaters will lead to sizable demand in the market.

The analyst presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on commercial water heaters market covers the following areas:
• Commercial water heaters market sizing
• Commercial water heaters market forecast
• Commercial water heaters market industry analysis

This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading commercial water heaters market vendors that include AO Smith Corp., Ariston Holding NV, Bradford White Corp., Eccotemp Systems LLC, Electrolux AB, Ferroli Spa, Guangdong Vanward New Electric Co. Ltd., Haier Smart Home Co. Ltd., Hangzhou Kangquan Water Heater Co. Ltd., Hubbell Electric Heater Co., The Jaquar Group, MIDEA GROUP, Noritz Corp., Paloma Co. Ltd., Rinnai Corp., Robert Bosch GmbH, STIEBEL ELTRON GmbH and Co. KG, Vaillant Group, Viessmann Werke GmbH and Co. KG, and Watts Water Technologies Inc. Also, the commercial water heaters market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The analyst presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research – both primary and secondary. Technavio’s market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Read the full report: https://www.reportlinker.com/p06246400/?utm_source=GNW

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