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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.    Introduction

1.1.  Market Overview

1.2.  Key Highlights of the Report

1.3.  Market Coverage

1.4.  Market Segments Covered

1.5.  Research Tenure Considered

2.    Research Methodology

2.1.  Methodology Landscape

2.2.  Objective of the Study

2.3.  Baseline Methodology

2.4.  Formulation of the Scope

2.5.  Assumptions and Limitations

2.6.  Approach for the Market Study

2.7.  Assumptions and Limitations

2.8.  Methodology Followed for Calculation of Market Size & Market Shares

2.9.  Forecasting Methodology

3.    Executive Summary

3.1.  Market Overview

3.2.  Market Forecast

3.3.  Key Regions

3.4.  Key Segments

4.    Voice of Customer

4.1.  Factors Influencing Availing Decision

4.2.  Challenged Faced

4.3.  Brand Awareness

5.    India Water Heaters Market Outlook

5.1.  Market Size & Forecast

5.1.1.    By Value

5.2.  Market Size & Forecast

5.2.1.    By Product Type Market Share Analysis (Electric Water Heater, Gas Water Heater)

5.2.2.    By Sales Channel Market Share Analysis (Supermarkets/Hypermarkets, Multi-Branded Stores, Convenience Stores, Online, Others)

5.2.3.    By Region Market Share Analysis

5.2.3.1.        North India Market Share Analysis

5.2.3.2.        South India Market Share Analysis

5.2.3.3.        East India Market Share Analysis

5.2.3.4.        West India Market Share Analysis

5.2.4.    By Top 5 Companies Market Share Analysis, Others (2024)

5.3.  India Water Heaters Market Mapping & Opportunity Assessment

5.3.1.    By Product Type Market Mapping & Opportunity Assessment

5.3.2.    By Sales Channel Market Mapping & Opportunity Assessment

5.3.3.    By Region Market Mapping & Opportunity Assessment

6.    North India Water Heaters Market Outlook

6.1.  Market Size & Forecast

6.1.1.    By Value

6.2.  Market Size & Forecast

6.2.1.    By Product Type Market Share Analysis  

6.2.2.    By Sales Channel Market Share Analysis

7.    South India Water Heaters Market Outlook

7.1.  Market Size & Forecast

7.1.1.    By Value

7.2.  Market Size & Forecast

7.2.1.    By Product Type Market Share Analysis 

7.2.2.    By Sales Channel Market Share Analysis

8.    West India Water Heaters Market Outlook

8.1.  Market Size & Forecast

8.1.1.    By Value

8.2.  Market Size & Forecast

8.2.1.    By Product Type Market Share Analysis 

8.2.2.    By Sales Channel Market Share Analysis

9.    East India Water Heaters Market Outlook

9.1.  Market Size & Forecast

9.1.1.    By Value

9.2.  Market Size & Forecast

9.2.1.    By Product Type Market Share Analysis 

9.2.2.    By Sales Channel Market Share Analysis

10. Market Dynamics

10.1.            Drivers

10.2.            Challenges

11. Market Trends & Developments

12. Impact of COVID-19 on India Water Heaters Market

13. SWOT Analysis

14. Porter’s Five Forces Analysis

15. India Economic Profile

16. Policy and Regulatory Landscape

17. Competitive Landscape

17.1.            Company Profiles

17.1.1. Racold Thermo Private Limited

17.1.1.1.     Company Details

17.1.1.2.     Products

17.1.1.3.     Key Market Focus & Geographical Presence

17.1.1.4.     Recent Developments

17.1.1.5.     Key Management Personnel

17.1.2. Havells India Limited

17.1.2.1.     Company Details

17.1.2.2.     Products

17.1.2.3.     Key Market Focus & Geographical Presence

17.1.2.4.     Recent Developments

17.1.2.5.     Key Management Personnel

17.1.3. Bajaj Electricals Ltd.

17.1.3.1.     Company Details

17.1.3.2.     Products

17.1.3.3.     Key Market Focus & Geographical Presence

17.1.3.4.     Recent Developments

17.1.3.5.     Key Management Personnel

17.1.4. V-Guard Industries Ltd.

17.1.4.1.     Company Details

17.1.4.2.     Products

17.1.4.3.     Key Market Focus & Geographical Presence

17.1.4.4.     Recent Developments

17.1.4.5.     Key Management Personnel

17.1.5. A.O. Smith India Water Products Pvt. Ltd.

17.1.5.1.     Company Details

17.1.5.2.     Products

17.1.5.3.     Key Market Focus & Geographical Presence

17.1.5.4.     Recent Developments

17.1.5.5.     Key Management Personnel

17.1.6. Crompton Greaves Consumer Electricals Ltd

17.1.6.1.     Company Details

17.1.6.2.     Products

17.1.6.3.     Key Market Focus & Geographical Presence

17.1.6.4.     Recent Developments

17.1.6.5.     Key Management Personnel

17.1.7. Venus Home Appliances (P) Ltd.

17.1.7.1.     Company Details

17.1.7.2.     Products

17.1.7.3.     Key Market Focus & Geographical Presence

17.1.7.4.     Recent Developments

17.1.7.5.     Key Management Personnel

17.1.8. Orient Electric Limited

17.1.8.1.     Company Details

17.1.8.2.     Products

17.1.8.3.     Key Market Focus & Geographical Presence

17.1.8.4.     Recent Developments

17.1.8.5.     Key Management Personnel

17.1.9. Usha International Limited

17.1.9.1.     Company Details

17.1.9.2.     Products

17.1.9.3.     Key Market Focus & Geographical Presence

17.1.9.4.     Recent Developments

17.1.9.5.     Key Management Personnel

17.1.10.               Ken Lifestyles Private Limited

17.1.10.1.  Company Details

17.1.10.2.  Products

17.1.10.3.  Key Market Focus & Geographical Presence

17.1.10.4.  Recent Developments

17.1.10.5.  Key Management Personnel

18. Strategic Recommendations

18.1.            Key Focus Areas

18.2.            Target Product Type

18.3.            Target Sales Channel

19. About Us & Disclaimer

Figures and Tables


Frequently asked questions

Frequently asked questions

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