GCC Water Heater Market Trends, Scope, Demand, Opportunity and Forecast by 2025

According to the latest report by IMARC Group, the GCC water heater market size is projected to reach US$ 439.9 Million by 2025, expanding at a CAGR of 15.9% during 2020-2025. 

A water heater refers to an appliance that heats up the cold or normal water supplied through a system of pipes. This heated water can be used for numerous purposes, such as bathing, washing, heating, etc. Based on their storage capacity and energy efficiencies, water heaters are available in different variants, such as condensing gas water heaters, heat pump water heaters, gas and electric tankless systems, etc. 

The inflating consumer disposable income levels, improving living standards, and rising domestic applications of warm water for cooking, bathing, cleaning, etc., are primarily driving the GCC water heater market. Furthermore, the expanding applications of water heaters across several industries, such as food and beverage processing, power generation, chemicals, etc., are also catalyzing the market growth in the GCC region. Moreover, various manufacturers are extensively investing in R&D activities to launch advanced, low-cost, and energy-efficient water heaters, which are expected to further propel the market in the coming years.


Get a PDF Sample for more detailed market insights: https://www.imarcgroup.com/gcc-water-heater-market/requestsample

Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

The report has segmented the market on the basis of Product Type, End-Use and Region.

Market Breakup by Product Type

  • Storage Covering Water Heater
  • Solar Water Heater
  • Instant Water Heater

Market Breakup by End-Use Sector

  • Residential
  • Commercial
  • Industrial

Market Breakup by Region

  • Saudi Arabia
  • UAE
  • Qatar
  • Kuwait
  • Oman
  • Bahrain

For more information about this report visit: https://www.imarcgroup.com/gcc-water-heater-market

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us

30 N Gould St
Ste R
Sheridan, WY 82801
USA
Email: sales@imarcgroup.com
Website: https://www.imarcgroup.com
Follow us on twitter: @imarcglobal

コメント

コメントを投稿

このブログの人気の投稿

Telehealth Market Size, Industry Trends, Share, Growth and Report 2024-2032

イメージ
 The latest report by IMARC Group, titled “ Telehealth Market Report by Component (Software, Hardware, Services), Communication Technology (Video Conferencing, mHealth Solutions, and Others), Hosting Type (Cloud-Based and Web-Based, On-Premises), Application (Teleconsultation and Telementoring, Medical Education and Training, Teleradiology, Telecardiology, Tele-ICU, Tele-Psychiatry, Tele-Dermatology, and Others), End-User (Providers, Patients, Payers, and Others), and Region 2024-2032 “, The global telehealth market size reached US$ 19.0 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 97.3 Billion by 2032, exhibiting a growth rate (CAGR) of 19.7% during 2024-2032. Factors Affecting the Growth of the Telehealth Industry: Technological Advancements: The telehealth market is transformed by rapid innovations in digital health technologies. Mobile health applications are democratizing access to healthcare services, enabling patients to manage their health ...
続きを読む

Precast Concrete Market Size, Growth, Share, Trends And Forecast 2023-2028

イメージ
 The latest report by IMARC Group, titled “ Precast Concrete Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028 “, The global precast concrete market size reached US$ 122.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 166.3 Billion by 2028, exhibiting a growth rate (CAGR) of 5.2% during 2023-2028.  Precast concrete is prepared, cast, and cured at an off-site location using a reusable mold, usually in a controlled factory environment. The precast concrete components are transported to the construction site after curing and assembled to create a complete structure. It is generally used to construct structural components, including wall panels, beams, columns, floors, pipes, staircases, tunnels, and girders. It is cost-effective, saves construction time, and offers more durability and dimensional accuracy than traditional concrete. In addition, its elements can be easily rearranged, making it easier ...
続きを読む

Dimer Acid Market Size, Share, Trends, Revenue, Outlook 2024-2032

イメージ
 The latest report by IMARC Group, titled “ Dimer Acid Market Report by Product Type (Standard, Distilled, Distilled and Hydrogenated), Application (Alkyd Resins, Adhesives and Elastomers, Lubricants, Polyamide Resins, Fuel Oil Additives, and Others), and Region 2024-2032 “, The global dimer acid market size reached US$ 2.8 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 4.8 Billion by 2032, exhibiting a growth rate (CAGR) of 6.35% during 2024-2032. Industry Trends and Drivers: Increasing Demand in Coatings and Adhesives: One of the main factors driving the growth of the dimer acid market is its expanding use in coatings and adhesives. Dimer acids serve as essential raw materials in the creation of polyamide resins, which are integral components in various coating and adhesive formulations. The demand for high-performance coatings is on the rise in industries such as automotive, construction, and electronic...
続きを読む