0 items USD 0.00World Domestic Heating Appliance Market to Grow 2.9% annually from 2014 to 2018
Global demand for domestic heating appliances is forecast to expand 2.9% p.a. between 2014 and 2018. China, Japan, Jordan, Tanzania and the United States are considered the highest potential markets in the coming years.
According to recently published research conducted by a leading international market research company, Global Research & Data Services, the expansion of the global domestic heating appliance industry is forecast to reach 2.9% p.a. in the coming years. Between 2007 and 2013 the market increased with an average annual growth of 5.3%. Currently, soil heating and other electric space heating equipment accounts for 42.1% of the global demand while the remaining market share is divided between electric heating resistors (41.6%), non-electric heaters (13.5%) and electric storage heating radiators (2.8%).
Canada, China, Germany, Japan and the United States represent the largest domestic heating appliance markets while the strongest annual growth is forecast to occur in Tanzania (35.0%), Jordan (15.6%), Bolivia (14.8%), Philippines (12.0%) and Azerbaijan (9.5%).
Based on in-house analysis and an advanced model which takes into consideration the actual market size, trends, forecast market growth, and changes in the market environment, Global Research and Data Services calculates the Market Potential Rates, the predicted market potential of the country in the coming years. The larger the Market Potential Rate, the more potential the market has in the coming years; and conversely, the smaller the rate, the less potential the market is considered to have in the future. Based on these Market Potential Rates, the top 20 highest potential domestic heating appliance markets in the coming years are:
1 . The information are extracted from our recently published reports, you can browse country wise reports here: World Domestic Heating Appliances Market Reports
The reports include historic market data from 2007 to 2013 and forecasts until 2018 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, analysts, and other people looking for key industry data in readily accessible and clearly presented tables and graphs.
The latest market data for this research include:
- Overall domestic heating appliance market size, 2007-2018
- Domestic heating appliance market size by product segment, 2007-2018
- Growth rates of the overall domestic heating appliance market and different product segments, 2007-2018
- Shares of different product segments of the overall domestic heating appliance market, 2007, 2013 and 2018
- Market Potential Rates of the overall domestic heating appliance market and different product segments
- Domestic heating appliance market size by product segment, 2007-2018
- Growth rates of the overall domestic heating appliance market and different product segments, 2007-2018
- Shares of different product segments of the overall domestic heating appliance market, 2007, 2013 and 2018
- Market Potential Rates of the overall domestic heating appliance market and different product segments
The product segments discussed in the reports include:
Electric storage heating radiators
Soil heating and other electric space heating equipment
Non-electric heaters
Electric heating resistors
Soil heating and other electric space heating equipment
Non-electric heaters
Electric heating resistors
The report s help answering the following questions:
- What is the current size of the domestic heating appliance market in the world and in different countries?
- How is the domestic heating appliance market divided into different product segments?
- How are the overall market and different product segments growing?
- How is the market predicted to develop in the future?
- What is the market potential compared to other countries?
- How is the domestic heating appliance market divided into different product segments?
- How are the overall market and different product segments growing?
- How is the market predicted to develop in the future?
- What is the market potential compared to other countries?
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