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US Water Heater Market Size, Growth and Forecast To 2025

Mar 4th 2020 at 4:10 AM

US water heater market is anticipated to grow at a CAGR 4.2% during the forecast period. The US is the major economy in North American region attributed to well-established infrastructure in the industrial sector. Increasing demand for water heaters in different manufacturing and power plants is estimated to contribute to the growth of the US Water Heater market. A large quantity of water is required to maintain power plants as operational. In power plants, water heaters are used to pre-heat water which increases the efficiency of the power plant. Increasing demand for energy production and supportive government regulations are driving the demand for water heaters in the industrial sector. There is a large number of power plants in the US with excellent production capacity. For instance, Sithe Independence Station and Sioux power plant had production capacity of 1,086 MW (megawatt) and 1,099 MW in 2016, respectively as per World Resources Institute (WRI).

Request a Free Sample of Our Report on US Water Heater Market: https://www.omrglobal.com/request-sample/us-water-heater-market

A.O. Smith Corp., Takagi, Kenmore, Watts Water Technologies, Inc., and Bradford White Corp. are providing water heating systems in the US market and international market as well. The high consumption of water heaters has affected the environmental condition which encourages these market players to develop energy efficient water heaters.

A Full Report of US Water Heater Market is Available at: https://www.omrglobal.com/industry-reports/us-water-heater-market

Secondary Sources Include

  • Financial reports of companies involved in the market.
  • Whitepapers, research-papers, and news blogs.
  • Company websites and their product catalog.

Market Segmentation

US Water Heater Market by Energy Source

  • Gas
  • Electricity Water Heaters
  • Hybrid Water Heaters
  • Solar Water Heaters

US Water Heater Market by Mode of Water Supply

  • On-Demand or Tankless Water Heaters
  • Storage or Tank Water Heaters
  • US Water Heater Market by End-User
  • Residential
  • Commercial
  • Industrial

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/us-water-heater-market

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com 
Contact no: +1 646-755-7667, +91 780-304-0404

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