Market Overview:
The Global Induction Water Saver Market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing awareness about water conservation, growing demand for energy-efficient appliances, and rising disposable income. The market is segmented on the basis of type into infrared sensor type and capacitive sensor type. The infrared sensor type segment is expected to hold a larger share of the market in 2018 owing to its low power consumption and easy installation. However, the capacitive sensor type segment is projected to grow at a higher CAGR during the forecast period as it offers high accuracy and consumes less power than other types of sensors. On the basis of application, the market is divided into home, commercial, and industrial segments. The home segment held majority share in 2017 due to increasing adoption among residential users for water conservation purposes. However, with growing awareness about water wastage in industries such as food & beverage processing plants, textile mills etc.
Product Definition:
An induction water saver is a device that helps to conserve water by using less of it when showering. It does this by heating the water as it comes out of the shower head, which results in less time being needed to take a shower. The importance of an induction water saver lies in its ability to help conserve one of Earth's most precious resources - clean, fresh water.
Infrared Sensor Type:
Infrared sensor type is used in induction water saver for the purpose of temperature measurement. It works on the principle of thermography where a temperature sensitive emulsion is applied to an object and then that image is captured by a digital camera or video recorder. The images are analyzed by special software which gives accurate reading of the objects temperature.
Capacitive Sensor Type:
A capacitive sensor is a device that works on the principle of charge coupled with dielectric constant. It has a sensing area, which is made from an insulating material and two metal plates, one of which is normally grounded and the other side serves as an electrode for measuring the charge. The movement of water molecules between these two plates creates a change in electric potential and this change in potential can be used to measure various physical parameters such as temperature or volume.
Application Insights:
The commercial application segment led the global induction water saver market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growing construction industry across developing countries such as India, China and Bangladesh is expected to boost product demand in this segment. In addition, increasing investments for new commercial projects are anticipated to augment demand further.
Industrial application accounted for 23% share of the global revenue in 2017 owing to rising product adoption by industries including oil & gas, power generation and food processing among others for saving energy costs as well as reducing environmental impact on earth. Growing awareness about energy conservation among industries is expected to drive growth over the coming years.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing awareness regarding energy conservation and water conservation in countries, such as India and China. In addition, rising demand for compact products with low power consumption will drive the market further. Europe is also estimated to witness considerable growth over the next eight years owing to stringent government regulations on energy consumption coupled with growing demand for more sustainable products from countries like Germany and France. Moreover, presence of a large number of manufacturers in European region will support regional growth during forecast period. North America accounted for a significant share in 2016 due to high adoption rate of induction cookers by restaurants and hotels across U.S.
Growth Factors:
- Increasing awareness about the benefits of induction water saver among consumers.
- Rising demand for energy-efficient appliances across the globe.
- Growing inclination of consumers towards environment-friendly products.
- Technological advancements in induction water saver products that offer better performance and efficiency.
Scope Of The Report
Report Attributes
Report Details
Report Title
Induction Water Saver Market Research Report
By Type
Infrared Sensor Type, Capacitive Sensor Type
By Application
Home, Commercial, Industrial
By Companies
Aourea, Xiaomi, Jijomo, Philips, Snygg, Aourea
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
166
Number of Tables & Figures
117
Customization Available
Yes, the report can be customized as per your need.
Global Induction Water Saver Market Report Segments:
The global Induction Water Saver market is segmented on the basis of:
Types
Infrared Sensor Type, Capacitive Sensor Type
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Home, Commercial, Industrial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Aourea
- Xiaomi
- Jijomo
- Philips
- Snygg
- Aourea
Highlights of The Induction Water Saver Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Infrared Sensor Type
- Capacitive Sensor Type
- By Application:
- Home
- Commercial
- Industrial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Induction Water Saver Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Induction water saver is a device that uses induction heating to heat water. It is often used in homes with electric or gas hot water systems.
Some of the major companies in the induction water saver market are Aourea, Xiaomi, Jijomo, Philips, Snygg, Aourea.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Induction Water Saver Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Induction Water Saver Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Induction Water Saver Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Induction Water Saver Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Induction Water Saver Market Size & Forecast, 2018-2028
4.5.1 Induction Water Saver Market Size and Y-o-Y Growth
4.5.2 Induction Water Saver Market Absolute $ Opportunity
Chapter 5 Global Induction Water Saver Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Induction Water Saver Market Size Forecast by Type
5.2.1 Infrared Sensor Type
5.2.2 Capacitive Sensor Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Induction Water Saver Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Induction Water Saver Market Size Forecast by Applications
6.2.1 Home
6.2.2 Commercial
6.2.3 Industrial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Induction Water Saver Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Induction Water Saver Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Induction Water Saver Analysis and Forecast
9.1 Introduction
9.2 North America Induction Water Saver Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Induction Water Saver Market Size Forecast by Type
9.6.1 Infrared Sensor Type
9.6.2 Capacitive Sensor Type
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Induction Water Saver Market Size Forecast by Applications
9.10.1 Home
9.10.2 Commercial
9.10.3 Industrial
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Induction Water Saver Analysis and Forecast
10.1 Introduction
10.2 Europe Induction Water Saver Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Induction Water Saver Market Size Forecast by Type
10.6.1 Infrared Sensor Type
10.6.2 Capacitive Sensor Type
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Induction Water Saver Market Size Forecast by Applications
10.10.1 Home
10.10.2 Commercial
10.10.3 Industrial
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Induction Water Saver Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Induction Water Saver Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Induction Water Saver Market Size Forecast by Type
11.6.1 Infrared Sensor Type
11.6.2 Capacitive Sensor Type
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Induction Water Saver Market Size Forecast by Applications
11.10.1 Home
11.10.2 Commercial
11.10.3 Industrial
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Induction Water Saver Analysis and Forecast
12.1 Introduction
12.2 Latin America Induction Water Saver Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Induction Water Saver Market Size Forecast by Type
12.6.1 Infrared Sensor Type
12.6.2 Capacitive Sensor Type
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Induction Water Saver Market Size Forecast by Applications
12.10.1 Home
12.10.2 Commercial
12.10.3 Industrial
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Induction Water Saver Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Induction Water Saver Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Induction Water Saver Market Size Forecast by Type
13.6.1 Infrared Sensor Type
13.6.2 Capacitive Sensor Type
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Induction Water Saver Market Size Forecast by Applications
13.10.1 Home
13.10.2 Commercial
13.10.3 Industrial
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Induction Water Saver Market: Competitive Dashboard
14.2 Global Induction Water Saver Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Aourea
14.3.2 Xiaomi
14.3.3 Jijomo
14.3.4 Philips
14.3.5 Snygg
14.3.6 Aourea
