Global Aquarium Heater Market Overview:
An aquarium heater is a device which is used in the fish keeping hobby to warm the temperature of water in aquariums. Aquarium heaters are range between 25 watts to 300 watts. It provides lukewarm water in order to maintain the health of betta fish. It is suitable for both uses in cold water and tropical & marine aquariums. Various types of aquarium heater are used such as hanging aquarium heaters, submersible aquarium heaters, in-line aquarium heaters, in-filter aquarium heaters, in-sump aquarium heaters, and others. Increasing usage of aquarium heater, various applications such as store, family, and office is likely to be a prime driver of the global aquarium heater market.
Growth Drivers
- Increasing Usage of Freshwater Tanks in Hotels, Restaurants, Houses and Others
- Increase in the Number of Aquarium Retail Outlets
- Availability of Ornamental Fishes and Aquarium Accessories
Market Trends
- Technology Advancement of the Aquarium Heater
- Rising Number of Customer from Online Channel
Roadblocks
- Safety Regulations for Aquarium Fishes
Opportunities
- Rising Demand from Emerging Economics Such as India, China and Others
Challenges
- High price of Aquarium Heater Products
- Lack of Awareness Regarding Aquarium Heaters
Competitive Landscape:
Global aquarium heater market is fragmented and competitive, with a large number of players operating at the regional and local level. Some of the players in the market include Aqua Design Amano (United States), Eheim GmbH & Co. KG (Germany), Marukan (United States), among others,
Some of the key players profiled in the report are Aqua Design Amano (United States), Eheim GmbH & Co. KG (Germany), Marukan (United States), Rolf C. Hagen (Canada), Tetra Werke (Germany), United Pet Group Inc. (United States), Penn-Plax, Inc. (United States), Blue Ribbon Pet Products, Inc. (Czech) and Rolf C. Hagen, Inc. (Canada). Additionally, following companies can also be profiled that are part of our coverage like Guangdong Boyu Group (China). Analyst at AMA Research see United States Players to retain maximum share of Global Aquarium Heater market by 2025. Considering Market by Distribution Channel, the sub-segment i.e. Store-Based Retailing will boost the Aquarium Heater market.
On December 2017, as per an article published by Indian Express (India), that the Government has taken the step to the prevention of cruelty for aquarium and fish tank animals shop.
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Aquarium Heater market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Aquarium Heater market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Aquarium Heater Manufacturers, Aquarium Heater Distributors/Traders/Wholesalers, Aquarium Heater Subcomponent Manufacturers, Industry Association and Downstream Vendors.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.