The US water heater market is anticipated to grow at a CAGR 4.2% during the forecast period. The US is the major economy in North American region attributed to well-established infrastructure in the industrial sector. Increasing demand for water heaters in different manufacturing and power plants is estimated to contribute to the growth of the […]
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The UK water heater market is expected to grow at a CAGR 5.7% during the forecast period. The market is growing significantly due to well-established industrial sector; UK is growing economically and technologically. Industrial production is coupled with the increasing demand for energy, and product trade. According to government of UK, a total of 125.8 […]
North American smart water management is anticipated to grow at a CAGR 11.7% during the forecast period. North America has the highest market value in the global smart water management market. This market value is mainly driven by well-developed water resources infrastructure and information and communication technology (ICT) industry. North America is one of the […]
The Japan smart water management market is estimated to grow at a CAGR of 14.7% during the forecast period. The emerging focus on smart water management systems has been witnessed in Japan owing to its adoption in some progressing utilities and heavy snow areas and research projects for smart water management in the country. For […]
Indian water heater market is anticipated to grow at a CAGR 10.4% during the forecast period. India is regarded as one of the fastest growing economies across the globe; therefore, it contributes a significant contribution to the water heater market. The increasing urban population coupled with the growing adoption of the solar water systems contributing […]
China water heater market is anticipated to grow at a CAGR 6.5 % during the forecast period. The factor such as increasing disposable income, rising urbanization, and rising adoption energy efficient energy source coupled with the adoption of solar water heater propelling the china water heater market. The market for the water heater in China […]
China air conditioning market is estimated to grow at a CAGR of 4.7% during the forecast period. The country holds a dominant position in the production and export of the AC globally. It produces more than 50% of the global AC every year. The major factor augmenting the market includes the hot climate of the […]
Asia-Pacific air conditioning market is forecast to grow at a significant growth rate at a CAGR of 4.4% during the forecast period. Some of the major factors which are providing a significant market to the region are increasing urbanization, adverse climate change, and increasing disposable income in the emerging economies. Most of the countries in […]
The Australia air conditioning market is estimated to grow at a modest growth rate during the forecast period. Some of the motivating factors of the market include large desert areas in the country which results in heatwaves, which generates a significant need for air conditioning in the country. Moreover, high disposable income in the country […]
Asia-Pacific split air conditioning market is forecast to grow at a CAGR of around 4.5% during the forecast period. The major factors for the significant market growth to the region include rising urbanization, rising average temperature due to adverse climate change, and increasing disposable income in the emerging economies. As most of the countries in […]