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Water Heater Manufacturing - Industry Market Research Report

  • April 2016
  • 37 pages
  • Ibisworld
Report ID: 2573490

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Bubbling demand: Recovering residential housing market will fuel industry growth



Abstract

Water Heater Manufacturing

The Water Heater Manufacturing industry has rebounded from recessionary lows.Following the contraction of the housing market, the uptick in new residential construction activity has boosted demand for industry products, as new houses require new water heaters. As a result, industry revenue is expected to climb. While the growth of the housing market has served as the catalyst for demand for new water heaters, the industry has also benefited from disposable income growth, increasing consumers' ability to purchase new water heaters. The industry is expected to continue growing over the five years to 2021, benefiting from the continuation of previous trends.


This industry manufactures water heaters, which are used in a variety of settings. Most industry products are found in homes, office buildings and industrial facilities. They come in various sizes and types and are mostly powered by gas or electricity.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.



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