A Water heater (Geyser) uses for heat the water. It is a heating device comes in various types such as solar water heater, electric water heater, liquid petroleum gas based water heater. Increasing demand in the domestic and public sectors may lead to a large increase in product demand.
Given the growing potential in the industrial and commercial sector, it can be anticipated that the water heater industry development could be promoted. A consumer selects the appropriate water heater by examining several parameters such as the type of building it is to install, household requirements, fuel type availability, fuel costs and system efficiency, storage and distribution temperatures, installation and maintenance, Cost, consumer protection.
When a user gets a water heater (Geyser), had working capacity and deadline is fixed, when the old heating device a new water heater is replaced it, which increases the chances of growth in this business.
Water Heater Market by Type:
Solar Water Heater
Electric Water Heater
Gas Water Heater
Water Heater Market Size By Application:
According to Market research experts the increasing demand for tank-less and hybrid water heaters from manufacturing industries in developing countries such as India, China, South Korea and Japan. Asia Pacific is a majority of the market share and closely followed by North America, Eastern Europe, Western Europe and Northern Europe.