The global stem thermostat for water heaters market is expected to grow at a CAGR of 5.5% during the forecast period, to reach USD 1.2 billion by 2030. The electric storage water heater segment is expected to dominate the market with a share of over 50%. The electric storage water heater segment is expected to grow at a CAGR of 6% during the forecast period, owing to its high demand in developed economies such as North America and Europe.
Some Of The Growth Factors Of This Market:
- Increasing demand for energy efficient water heaters.
- Increasing awareness about the benefits of using a thermostat to control water temperature.
- Growing demand for electric water heaters in developing countries.
- Availability of low-cost, high-quality products.
- Presence of established players in the market.
Industry Growth Insights published a new data on “Stem Thermostat for Water Heaters Market”. The research report is titled “Stem Thermostat for Water Heaters Market research by Types (Single-Phase Stem, Multi-Phase Stem), By Applications (Electric Storage Water Heater, Solar Water Heater, Other), By Players/Companies Thermowatt, Cotherm, Sunvic Controls Limited, S. M. Enterprise, Thermal International Co.,Ltd, Arthermo, APT Controls And Appliances Private Limited, Automatic Instruments Pvt. Ltd, Theeta Electricals, M & Z Imports, MALVIN ENGINEERING & AUTO PARTS”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Stem Thermostat for Water Heaters Market Research Report
By Type
Single-Phase Stem, Multi-Phase Stem
By Application
Electric Storage Water Heater, Solar Water Heater, Other
By Companies
Thermowatt, Cotherm, Sunvic Controls Limited, S. M. Enterprise, Thermal International Co.,Ltd, Arthermo, APT Controls And Appliances Private Limited, Automatic Instruments Pvt. Ltd, Theeta Electricals, M & Z Imports, MALVIN ENGINEERING & AUTO PARTS
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
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Stem Thermostat for Water Heaters Market Report Segments:
The global Stem Thermostat for Water Heaters market is segmented on the basis of:
Types
Single-Phase Stem, Multi-Phase Stem
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
Electric Storage Water Heater, Solar Water Heater, Other
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:
- Thermowatt
- Cotherm
- Sunvic Controls Limited
- S. M. Enterprise
- Thermal International Co.,Ltd
- Arthermo
- APT Controls And Appliances Private Limited
- Automatic Instruments Pvt. Ltd
- Theeta Electricals
- M & Z Imports
- MALVIN ENGINEERING & AUTO PARTS
Highlights of The Stem Thermostat for Water Heaters 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:
- Single-Phase Stem
- Multi-Phase Stem
- By Application:
- Electric Storage Water Heater
- Solar Water Heater
- Other
- 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 Stem Thermostat for Water Heaters 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.
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- Correctly Positioning New Products
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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?
A stem thermostat for water heaters is a device that allows homeowners to control the temperature of their water heater remotely. This type of thermostat typically has a built-in timer, so you can set it and forget it, ensuring that your water heater stays at the desired temperature all day long.
Some of the major companies in the stem thermostat for water heaters market are Thermowatt, Cotherm, Sunvic Controls Limited, S. M. Enterprise, Thermal International Co.,Ltd, Arthermo, APT Controls And Appliances Private Limited, Automatic Instruments Pvt. Ltd, Theeta Electricals, M & Z Imports, MALVIN ENGINEERING & AUTO PARTS.
The stem thermostat for water heaters market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Stem Thermostat for Water Heaters Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Stem Thermostat for Water Heaters Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Stem Thermostat for Water Heaters Market - Supply Chain
4.5. Global Stem Thermostat for Water Heaters Market Forecast
4.5.1. Stem Thermostat for Water Heaters Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Stem Thermostat for Water Heaters Market Size (000 Units) and Y-o-Y Growth
4.5.3. Stem Thermostat for Water Heaters Market Absolute $ Opportunity
5. Global Stem Thermostat for Water Heaters Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Stem Thermostat for Water Heaters Market Size and Volume Forecast by Type
5.3.1. Single-Phase Stem
5.3.2. Multi-Phase Stem
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Stem Thermostat for Water Heaters Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Stem Thermostat for Water Heaters Market Size and Volume Forecast by Application
6.3.1. Electric Storage Water Heater
6.3.2. Solar Water Heater
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Stem Thermostat for Water Heaters Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Stem Thermostat for Water Heaters Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Stem Thermostat for Water Heaters Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Stem Thermostat for Water Heaters Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Stem Thermostat for Water Heaters Demand Share Forecast, 2019-2026
9. North America Stem Thermostat for Water Heaters Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Stem Thermostat for Water Heaters Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Stem Thermostat for Water Heaters Market Size and Volume Forecast by Application
9.4.1. Electric Storage Water Heater
9.4.2. Solar Water Heater
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Stem Thermostat for Water Heaters Market Size and Volume Forecast by Type
9.7.1. Single-Phase Stem
9.7.2. Multi-Phase Stem
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Stem Thermostat for Water Heaters Demand Share Forecast, 2019-2026
10. Latin America Stem Thermostat for Water Heaters Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Stem Thermostat for Water Heaters Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Stem Thermostat for Water Heaters Market Size and Volume Forecast by Application
10.4.1. Electric Storage Water Heater
10.4.2. Solar Water Heater
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Stem Thermostat for Water Heaters Market Size and Volume Forecast by Type
10.7.1. Single-Phase Stem
10.7.2. Multi-Phase Stem
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Stem Thermostat for Water Heaters Demand Share Forecast, 2019-2026
11. Europe Stem Thermostat for Water Heaters Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Stem Thermostat for Water Heaters Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Stem Thermostat for Water Heaters Market Size and Volume Forecast by Application
11.4.1. Electric Storage Water Heater
11.4.2. Solar Water Heater
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Stem Thermostat for Water Heaters Market Size and Volume Forecast by Type
11.7.1. Single-Phase Stem
11.7.2. Multi-Phase Stem
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Stem Thermostat for Water Heaters Demand Share, 2019-2026
12. Asia Pacific Stem Thermostat for Water Heaters Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Stem Thermostat for Water Heaters Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Stem Thermostat for Water Heaters Market Size and Volume Forecast by Application
12.4.1. Electric Storage Water Heater
12.4.2. Solar Water Heater
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Stem Thermostat for Water Heaters Market Size and Volume Forecast by Type
12.7.1. Single-Phase Stem
12.7.2. Multi-Phase Stem
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Stem Thermostat for Water Heaters Demand Share, 2019-2026
13. Middle East & Africa Stem Thermostat for Water Heaters Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Stem Thermostat for Water Heaters Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Stem Thermostat for Water Heaters Market Size and Volume Forecast by Application
13.4.1. Electric Storage Water Heater
13.4.2. Solar Water Heater
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Stem Thermostat for Water Heaters Market Size and Volume Forecast by Type
13.7.1. Single-Phase Stem
13.7.2. Multi-Phase Stem
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Stem Thermostat for Water Heaters Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Stem Thermostat for Water Heaters Market: Market Share Analysis
14.2. Stem Thermostat for Water Heaters Distributors and Customers
14.3. Stem Thermostat for Water Heaters Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Thermowatt
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Cotherm
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Sunvic Controls Limited
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. S. M. Enterprise
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Thermal International Co.,Ltd
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Arthermo
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. APT Controls And Appliances Private Limited
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Automatic Instruments Pvt. Ltd
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Theeta Electricals
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. M & Z Imports
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. MALVIN ENGINEERING & AUTO PARTS
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
