India Water Heaters Market Forecast and Opportunities, 2020

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Report Description

Report Description

Click here to access  India Water Heaters Market Updated Report 

India water heaters market exhibited growth of around 10% during 2010-14.In India, the demand for water heaters has been increasing over the last few years on account of growth in construction sector and increasing disposable income. Moreover, water heaters used in the country are no longer limited to the residential sector as demand for water heaters in industrial and commercial sectors of the country is surging. Residential sector is the largest revenue contributor in water heaters market owing to increase in the housing projects in the country. While, electric water heaters are currently dominating the market, solar water heaters in the country have also gained prominence among Indian consumers over the past few years. 



According to “India Water Heaters Market Forecast & Opportunities, 2020”, the market for water heaters in India is expected to surpass USD450 million through 2020. Solar water heaters are the fastest growing segment in India water heater market. Further, growth in this segment is expected on account of rising awareness among consumers, pertaining to the benefits of solar water heaters both in terms of energy efficiency and being eco-friendly. Gas water heater market in the country is still at a nascent stage, but is expected to pick pace on the back of expansion of piped gas network across the country. The report reveals that Racold, Bajaj Electricals and Venus are the leading players in India water heater market and their revenue share is expected to grow over the forecasted period, owing to their expansion plans and widening of dealership networks. “India Water Heaters Market Forecast & Opportunities, 2020” discusses the following aspects of water heaters in India

  • India Water Heaters Market Size, Share & Forecast
  • Segmental Analysis - By End User, By Region & By Company
  • Policy & Regulatory Landscape
  • Changing Market Trends & Emerging Opportunities
  • Competitive Landscape & Strategic Recommendations
Why You Should Buy This Report?
  • To gain an in-depth understanding of water heaters market in India
  • To identify the on-going trends and anticipated growth in the next five years
  • To help industry consultants, manufacturers and other stakeholders align their market-centric strategies
  • To obtain research based business decisions and add weight to presentations and marketing material
  • To gain competitive knowledge of leading market players
  • To avail 10% customization in the report without any extra charges and get the research data or trends added in the report as per the buyer’s specific needs
Report Methodology 

The information contained in this report is based upon both primary and secondary research. Primary research included interviews with water heater suppliers and channel partners in India. Secondary research included an exhaustive search of relevant publications like company annual reports, financial reports and proprietary databases.

Table of content

Table of content

1.    Research Methodology

2.     Water Heaters: An Introduction

3.     Analyst View

4.     Global Water Heater Market Overview

5.     India Water Heater Market Outlook

5.1.   Market Size & Forecast

5.1.1. By Value 

5.1.2. By Volume

5.2.   Market Share & Forecast

5.2.1. By Company

5.2.2. By Type

5.2.3. By Region

5.2.4. By End User

6.     India Electric Water Heater Market Outlook

6.1.   Market Size & Forecast

6.1.1. By Value

6.1.2. By Volume

6.2.   Market Share & Forecast

6.2.1. Price Point Analysis

6.2.2. By Company

7.     India Solar Water Heater Market Outlook

7.1.   Market Size & Forecast

7.1.1. By Value

7.1.2. By Volume

7.2.   Market Share & Forecast

7.2.1. By Company

7.2.2. Price Point Details

8.     India Gas Water Heater Market Outlook

8.1.   Market Size & Forecast

8.1.1. By Value

8.1.2. By Volume

8.2.   Market Share & Forecast

8.2.1. Price Point Details

9.     Import & Export Analysis

10.  Market Dynamics

10.1. Drivers

10.2. Challenges

11.  Market Trends& Developments

11.1. Increasing Presence of Foreign Players

11.2. Increasing Focus towards Solar Water Heaters

11.3. Increase in Technological Up-gradation and Innovation

11.4. Increasing Expansion Plans of Companies

11.5. Increasing Presence on E-commerce platforms

12.  Policy and Regulatory Landscape

13.  India Economic Profile

14.  Competitive Landscape

14.1. Comparative Landscape

14.2. Profile of leading companies

14.2.1.   Racold Thermo Ltd.

14.2.2.   Venus Home Appliances (P) Ltd.

14.2.3.   AO Smith India

14.2.4.   Bajaj Electricals Ltd.

14.2.5.   Tata Power Solar Systems Ltd.

14.2.6.   V-Guard Industries Ltd.

14.2.7.   EMMVEE Solar Systems Pvt. Ltd

14.2.8.   Thermoking

14.2.9.   Usha International Ltd.

14.2.10. Anu Solar Pvt. Ltd

15.  Strategic Recommendations

Figures and Tables

List of Figures

 

Figure 1: Global Water Heater Market Size, By Value, 2010-2020F (USD Billion)

Figure 2: Global Water Heater Market Size, By Volume, 2010-2020F (Million Units)

Figure 3: India Water Heater Market Size, By Value, 2010-2020F (USD Million)

Figure 4: India Water Heater Market Size, By Volume, 2010-2020F (Million Units)

Figure 5: India Water Heater Market Share, By Company, By Value, 2013

Figure 6: India Water Heater Market Share, By Company, By Value, 2020F

Figure 7: India Water Heater Market Share, By Type, By Value, 2014

Figure 8: India Water Heater Market Share, By Type, By Value, 2020F

Figure 9: India Water Heater Market Share, By Region, By Volume, 2014 & 2020F

Figure 10: Per capita Income of 4 major cities of the Northern Region, 2010-2012 (USD)

Figure 11: Per capita Income of 4 major cities of the Southern Region, 2010-2012 (USD)

Figure 12: India Water Heater Market Share, By End User, By Value, 2014

Figure 13: India Water Heater Market Share, By End User, By Value, 2020F

Figure 14: India Electric Water Heater Market Size, By Value, 2010-2020F (USD Million)

Figure 15: India Electric Water Heater Market Size, By Volume, 2010-2020F (Million Units)

Figure 16: India Average Prices of Electric Water Heaters, 2010–2020F (USD per Unit)

Figure 17: India Electric Water Heater Market Share, By Company, By Value, 2013

Figure 18: India Electric Water Heater Market Share, By Company, By Value, 2020F

Figure 19: India Solar Water Heater Market Size, By Value, 2010-2020F (USD Million)

Figure 20: India Solar Water Heater Market Size, By Volume, 2010-2020F (Million Units)

Figure 21: India Solar Water Heater Market Share, By Company, By Value, 2013

Figure 22: India Solar Water Heater Market Share, By Company, By Value, 2020F

Figure 23: India Average Prices of Solar Water Heaters, 2010–2020F (USD per Unit)

Figure 24: India Gas Water Heater Market Size, By Value, 2010-2020F (USD Million)

Figure 25: India Gas Water Heater Market Size, By Volume, 2010-2020F (Million Units)

Figure 26: Average LPG Prices, 2008-2014 (USD/billion barrel)

Figure 27: India Average Prices of Gas Water Heaters, 2010–2020F (USD per Unit)

Figure 28: India Electric Water Heater Imports, By Value, 2010–2014 (USD Million)

Figure 29: India Electric Water Heater Imports, By Volume, 2010–2014 (Million Units)

Figure 30: India Non-Electric Water Heater & Parts Imports, By Value, 2010–14 (USD Million)

Figure 31: India Non-Electric Water Heater & Parts Imports, By Volume, 2010–14 (Million Units)

Figure 32: India Electric Water Heater Exports, By Value, 2010–13 (USD Million)

Figure 33: India Electric Water Heater Exports, By Volume, 2010-13 (Million Units)

Figure 34: India Non-Electric Water Heater & Parts Exports, By Value, 2010–14 (USD Million)

Figure 35: India Non-Electric Water Heater & Parts Exports, By Volume, 2010–14 (USD Million)

Figure 36: India Appliances/Equipment Mandatory/Voluntary for Star Labelling

Figure 37: V-GUARD Group Turnover, FY2006-07 to FY 2014-15 (USD Million)

 

List of Tables

 

Table 1: Water Heater and Its Variants

Table 2: Savings on Use of Solar Water Heaters

Table 3: Major Residential Projects in India, By Real Estate Developers, 2012

Table 4: India High Rise Buildings, Major Upcoming Projects, 2015-2017

Table 5: Long-duration Electricity Outages in India, By City, 2010-12

Table 6: Solar Water Heater Installation in Major States (meter sq.), 2012

Table 7: Structure of Government Subsidy Scheme on Solar Water Heating Panels in India, Prior to Discontinuation

Table 8: Solar cities for which amount sanction/releasing approval has been given

Table 9: Expansion Plans of Companies

Table 10: India Import Duty Structure on Water Heaters, 2014

Table 11: India Water Heater Market Details

Table 12: India Water Heater Market Details

Table 13: Range of Water Heaters
Frequently asked questions

Frequently asked questions

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