Development prospects

According to the statistics of the Market Economy Research Institute of the Development Research Center of the State Council, domestic hot water is only used for drinking and bathing. The survey results show that 90.8% of households think they need to increase hot water in their lives, and 60% of households think that ideal hot water The amount of use should be more than 4 times that of the current one. In addition to adding hot water to the bath, washing, washing, washing and so on should also increase the amount of hot water. In Europe and the United States, the investment in hot water systems exceeds the total consumption of color TVs, refrigerators, and washing machines, which is about five times that of China. Cold water in Europe and the United States only uses drinking water, flushing toilets, and hot water in other areas. The ratio of cold and hot water use in Europe and America is 1:9, while China is 9:1. Experts predict that an average of more than 2.6 million water heaters will be replaced each year. The industry generally believes that the consumption demand of fast electric water heaters will continue to rise.

Facing the huge cake in the water heater market, the advantages of the fast electric water heater itself determine its important position in the market. As we all know, gas water heaters are gradually fading out of the water heater market due to their safety risks and higher and higher use costs. Solar water heaters are also difficult to occupy a larger market share due to weather, climate and installation conditions; The storage type electric water heater is bulky, has a long warm-up time, and has limited hot water reserves, which is no longer suitable for the pace of modern life. The fast electric water heater represents the development direction of the water heater industry with its small and stylish appearance, faster heating speed than water storage type and safer than gas water heaters!