Frost & Sullivan Podcasts

Topic Discussed : Water Heaters Market in India, Forecast to 2023Speaker: Manu TiwariKey Takeaways:In India, the demand for water heaters has been increasing over the last few years on account of growth in construction activities (residential and commercial) coupled with rising per capita disposable incomeMoreover, improving standard of living, busy lifestyles and rising demand for energy efficiency is further expected to propel growth in India electric water heaters market over the next five yearsThe overall domestic water heater market in India is around INR 2,200 Crore in which electric water heaters occupy almost 82% of the market shareTankless water heaters,which occupy hardly 1% of the water heaters market in India, have emerged to be most energy efficient products. These are a premium type of instant water heaters wherein the flow of hot water is uninterrupted. Tankless Water Heaters offer numerous advanatges which include potential energy savings, efficiency and durabilityThe penetration of tankless w