What is Steam Water Heater Market?
The steam water heater is used to heat the water by using available steam and various types of water heating systems. Steam is the source of energy used to heat domestic and laboratory water as well as numerous other applications. Alternate heating sources for water heaters may only be used for special applications and with pre-approval by ORF, this is projected the growth of the steam water heater market.
The market study is being classified by Type (Instantaneous, Semi-instantaneous and Storage Steam), by Application (Hospitals, Food & Beverage Industry, Institutional Buildings, Commercial Buildings, Industrial Buildings and Others) and major geographies with country level break-up.
Patterson-Kelley (United States), AERCO International, Inc. (United States), Haws (United States), Ariston Thermo Group (Italy), Hubbell Electric Heater Company (United States), PVI, A Watts Brand (United States), Leslie Controls, Inc. (United States), Cemline Corp. (United States), Armstrong International Inc. (United States) and ThermaFlo Incorporated (United States) are some of the key players profiled in the study.
The Manufacturers having a strong hold in the market are Patterson-Kelley, AERCO International, Inc., Haws, and Ariston Thermo Group. Research Analyst at AMA predicts that United States Manufacturers will contribute to the maximum growth of Global Steam Water Heater market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Steam Water Heater market by Type, Application and Region.
On the basis of geography, the market of Steam Water Heater has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increasing demand for low emission and energy-efficient water heater across the globe is the major driver for the global steam water heater market. For instance, the use of coal in a traditional power plant may convert approximately 30 to 35% of the source energy into electricity, this causes the emission.
Market Trend
- Growing Demand in Health Institutes
Restraints
Opportunities
- Technological Advancement and Development in Steam Water Heater
- Rising Demand form End-use Vehicles
Market Leaders and some development strategies
Key Target Audience
Steam Water Heater Manufacturers, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors, End Users and Other