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China Water Heater Market: Industry Trends, Market Size, Competitive Analysis and Forecast - 2019-2025

01-28-2020 09:43 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Reports

China Water Heater Market

China Water Heater Market

China water heater market is anticipated to grow at a CAGR 6.5 % during the forecast period. The factor such as increasing disposable income, rising urbanization, and rising adoption energy-efficient energy source coupled with the adoption of solar water heater propelling the china water heater market.

The market for the water heater in China on rising through online and offline sales. With the adoption of high-end large and smart capacity products, the water heater witnessing customization and technological development in the region that propel the market growth. Moreover, a growing urban population coupled with disposable income raises the installation of the water heating solutions in urban areas.

To learn more about China Water Heater Market report request a free sample copy @ https://www.omrglobal.com/request-sample/china-water-heater-market

According to the World Bank data, in 2017 China urban population was accounted for 57.9% of the total population from 56.7% of the total population in 2016. In recent years many local governments in China have implemented compulsory policies of installing solar water heating systems integrated into new buildings. Further, system quality and capacity become a very important problem.

Therefore, a complete supervision system for quality control to solar water heating systems integrated into buildings during the whole construction procedure has been formed gradually in China that propel the market growth in china.

A full report of China Water Heater Market is available at https://www.omrglobal.com/industry-reports/china-water-heater-market

China Water Heater Market-Segmentation

By Energy Source
o Gas
o Electricity Water Heaters
o Hybrid Water Heaters
o Solar Water Heaters

By Mode of Water Supply
o On-Demand Or Tankless Water Heaters
o Storage Or Tank Water Heaters

By End-User
o Residential
o Commercial
o Industrial

Company Profiles
o A.O. Smith Corp.
o Bajaj Electricals Ltd.
o Crompton Greaves Consumer Electricals Ltd.
o Haier electronics group Co., Ltd.
o Himin Solar Group Co., Ltd.
o Havells India Ltd.
o JiaxingJinyi Solar Energy Technology Co., Ltd.
o Hangzhou Kangquan Water Heater Co., Ltd.
o Rinnai Corp.
o Racold Thermo Pvt. Ltd.

For more customized data, request for report customization @ https://www.omrglobal.com/report-customization/china-water-heater-market

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

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.

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