Smart Connected Residential Water Heater Market | Top Impacting Factors To Growth Of The Industry By 2025

Press Release

Smart connected residential water heaters are used to increase the temperature of water for household usage and can be operated from smartphones and other Internet-enabled devices through the Internet. Users can control and monitor these through specific mobile applications by using wireless connections such as Wi-Fi, NFC, and Bluetooth technologies.

The Wi-Fi segment accounted for the major shares of the smart connected residential water heater market. Factors such as the increasing adoption of Wi-Fi enabled smart water heaters in developed countries and the rise in usage of smartphones, will contribute to the growth of this industry segment in the coming years.

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The offline segment will hold the maximum shares of the smart connected residential water heater market until 2023. The high preference of customers for physical stores in emerging economies such as India and China owing to the provision to view and feel the products, will drive the growth of the market in this segment.

The global Smart Connected Residential Water Heater market was valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.

This report focuses on Smart Connected Residential Water Heater volume and value at global level, regional level and company level. From a global perspective, this report represents overall Smart Connected Residential Water Heater market size by analyzing historical data and future prospect.

Regionally, this report categorizes the production, apparent consumption, export and import of Smart Connected Residential Water Heater in North America, Europe, China, Japan, Southeast Asia and India.

For each manufacturer covered, this report analyzes their Smart Connected Residential Water Heater manufacturing sites, capacity, production, ex-factory price, revenue and market share in global market.

The following manufacturers are covered:
A.O.Smith
Robert Bosch
Whirlpool
Rheem Manufacturing
Haier
Midea Group
Rinnai

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Segment by Regions
North America
Europe
China
Japan
Southeast Asia
India

Segment by Type
Wi-Fi
Bluetooth
Other

Segment by Application
Online Channel
Offline Channel

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This post was originally published on Analytics News