A geyser is a spring characterized by intermittent discharge of water ejected turbulently and accompanied by steam. As a fairly rare phenomenon, the formation of geysers is due to particular hydrogeological conditions that exist only in a few places on Earth. Generally, all geyser field sites are located near active volcanic areas, and the geyser effect is due to the proximity of magma. Generally, surface water works its way down to an average depth of around 2,000 metres where it contacts hot rocks. The resultant boiling of the pressurized water results in the geyser effect of hot water and steam spraying out of the geyser\'s surface vent (a hydrothermal explosion).
With the increasing demand for tankless geysers, the geysers market is anticipated to have a positive outlook in the coming years. Based on energy consumption, tankless geysers are categorized into electric tankless geysers and gas tankless geysers. Tankless geysers are heavy burners and quickly heats water flowing through a heat exchanger. As a result, these devices were found to be 22% more energy efficient in laboratory tests than gas-powered storage-tank models. A typical electric-resistance tankless geyser with an energy factor of 0.99 consumes approximately 4,435 kilowatt-hours per year which translates into nearly 9% energy savings in comparison to a 50-gallon electric-resistance storage geyser with an energy factor of 0.90. Moreover, the tankless geyser market is gaining traction in North America as technical advancements over the last few years have boosted the capacity of such geysers up to 3.5 gallons per minute.
EMEA led the global geysers market and is expected to reach over USD 26 billion by 2020. Storage geysers have the largest market in European nations as the residential geysers market in Europe has attained maturity.
In 2019, the market size of Geysers is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Geysers.
This report studies the global market size of Geysers, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Geysers production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
A. O. Smith
Bajaj Electricals
Bradford White
Rheem Manufacturing
Venus Home Appliances
Ariston Thermo
Bosch
Crompton Greaves
Eccotemp Systems
Eldominvest
Market Segment by Product Type
Non-Electric Geysers
Gas Geysers
Electric Geysers
Market Segment by Application
Commercial
Residential
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)