2018 Global Grid-Interactive Water Heater Market Trend Analysis

Global Grid-Interactive Water Heater Market 2018 by Manufacturers, Countries, Type and Application, Forecast to 2023 Provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments.

Global Grid-Interactive Water Heater Market 2018-2023

Electric water heaters having two-way control capabilities with the grid are known as grid interactive water heaters (GIWHs). Energy storage in a GIWH proves to be economical, as its function is similar to a battery energy storage system, but at a much lesser cost. Typically, water usage in the residential sector, which holds the maximum share in the global GIWH market, is higher during mornings and evenings. As GIWH allows water to be heated as and when surplus power is available from the grid, it provides flexibility to the electric supply system and ensures cost savings. In addition, these heaters are a cost-efficient option even at the consumer end, as they pay for the surplus load rate, which is generally cheaper than the normal price. The global GIWH market is segmented based on end-user and geography. The key end-users identified in the report are residential and non-residential segments. The following exhibit represents the current market scenario and future projections of GIWH in each end-user segment.

Scope of the Global Grid-Interactive Water Heater Market Report

This report focuses on the Grid-Interactive Water Heater in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

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The worldwide market for Grid-Interactive Water Heater is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2023, from xx million US$ in 2017, according to a new GIR (Global Info Research) study.

Owing to the rising population and the economic growth, the demand for energy will highly increase. Emerging economies such as China, need high energy due to their rapid industrilization. Technavio’s market research report has identified growth in energy consumption as one of the primary factors that will fuel the growth of the grid-interactive water heater market in the coming years. With the high energy requirement more renewable energy sources are coming online is bound to significant impact on the consistency of the electricity. Increased consumption of electricity will lead more renewable power to come online which will increase the load of the grid and GIWH provides demand-side flexibility which stabilizes the grid. Owing to the increased consumption of energy, the grid-interactive water heater (GIWH) will witness growth.

The Americas will be the major revenue contributor to the GIWH market throughout the forecast period. The market is primarily driven by the investments in the residential commercial sector. The demand from the Latin countries and the US is very high due to which the grid enabled water heater market is witnessing strong growth in the region.

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This report covers Analysis of Global Grid-Interactive Water Heater Market Segment by Manufacturers

Steffes
Vaughn Thermal
Great River Energy
HTP (Everlast)

Global Grid-Interactive Water Heater Market Segment by regional analysis covers 

North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

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Global Grid-Interactive Water Heater Market Segment by Type

80 Gallon Capacities
100 Gallon Capacities
119 Gallon Capacities
Others

Global Grid-Interactive Water Heater Market Segment by Applications, can be divided into

Residential
Non-Residential

Some of the Points cover in Global Grid-Interactive Water Heater Market Research Report is:

Chapter 1: Describe Grid-Interactive Water Heater  Industry

  • Introduction,
  • Product Scope,
  • Market Overview,
  • Market Opportunities,
  • Market Risk,
  • Market Driving Force

Chapter 2: To analyze the top manufacturers of Grid-Interactive Water Heater Industry in 2016 and 2017

  • Sales
  • Revenue and price

Chapter 3: Competitive analysis among the top manufacturers in 2016 and 2017

  • Sales
  • Revenue and market share

Chapter 4: Global Grid-Interactive Water Heater  Market by regions from 2013 to 2018

  • Sales
  • Revenue and market share

Chapter 5, 6, 7 and 8: Global Grid-Interactive Water Heater Market by key countries in these regions

  • Sales
  • Revenue and market share

Chapter 9 and 10: Global Grid-Interactive Water Heater Market by type and application from 2013 to 2018

  • Sales
  • Revenue and market share
  • Growth rate

Chapter 11:Grid-Interactive Water Heater Industry Market forecast from 2018 to 2023

  • Regions
  • Type and application with sales and revenue

Chapter 12 and 13:Grid-Interactive Water Heater Industry

  • Sales channel
  • Distributors
  • Traders and dealers
  • Appendix
  • Data source

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