The European water heater market is expected to grow at a rate of 5.4% during the forecast period. Growth in the European water heater market depends on the widespread application of water heaters in the residential and commercial sector. The European industrial sector constitutes a huge number of industries of different sectors, including manufacturing, food and beverage, energy, pharmaceuticals which are considered as potential end users for water heaters. Furthermore, European countries require a sufficient amount of water heating facilities in order to meet the environmental conditions required due to extreme cold conditions.
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According to EuroSubbearer, total sales of appliances in the heating and cooling sector technologies increased by 20% from 2,212,898 units in 2014 to 2,655,331 units in 2015 in the EU. The increase is due to the increase in water heating equipment facilities in the residential and commercial sector in various European countries. In the residential sector, water heating is required for residential buildings, gas storage, and others which produce significant demand; While in the commercial sector, heating is required in various commercial buildings such as malls, retail stores, supermarkets, hotels and more. However, due to government policy in the EU, a shift towards modern water heaters based on renewable resources such as gas, wind, hybrid and solar has been observed.
Segmentation of a European water heater market
By energy source
* gas
* Electric water heaters
* Hybrid water heaters
* Solar water heaters
By water supply status
* Water heaters on request or without tank
* Storage or tank water heaters
By end user
* Residence
* Commercial
* industrial
Regional analysis
* European
* United Kingdom
Germany
Italy
Spain
* France
The rest of Europe
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Company profiles
* A. Or Smith Corp.
* Ariston donated a spa
Atmosphere Energy Corp.
* Bage Electric, LTD.
* Scaldbagani Bandini Spa
* General Electric & Co.
* Air Corps Group.
* Nuova Imas
Rim Manufacturing Co. Inc.
Robert Bush
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