Global 6Wresearch Market Reports

Saudi Arabia Water Heater Market Overview Rapid industrialization along with the rising demand for energy-efficient systems have propelled the growth of the Saudi Arabia Water Heater Market . The boom in the tourism sector coupled with ongoing smart city projects has further given a boost to the water heater market. According to 6Wresearch, Saudi Arabia Water Heater Market size is expected to witness significant growth during 2019-2025. Growing construction projects in the country would lead to a surge in the deployment of the water heater in the country. For instance, “King Abdullah Financial City”, “Riyadh metro project”, “Neom gigaproject” has given a tremendous boost to the infrastructure sector leading to the increase in installation of water heaters. The introduction of the “Minimum Energy Performance Standards (MEPS)” policy by “Saudi Standards Metrology and Quality Organization” has mandated the energy testing requirements of different types of water heaters, thereby augmenting...

Global Water Heater Market Overview Rising concern amongst the people about the energy-efficient systems and rapid infrastructural development are the key drivers for the growth of the Global Water Heater Market . Additionally, the booming tourism sector and rise in the number of hospitals have further fuelled the water heater market. Moreover, encouraging government strategies coupled with subsidies for the installation cost have led to the inclination towards the solar water heater. However, electricity shortage in several nations may act as a challenge to the growth of the water heater market. According to 6Wresearch, Global Water Heater Market size is expected to witness significant growth during 2019-2025. APAC is the leading region in the global water heater market owing to the growing construction in the residential sector coupled with rapid industrialization and favorable FDI policies. However, over the forecast period, the North America water heater market is anticipated to gr...