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Global Electric Water Heaters Market Research Report 2024
Synopsis
Electric Water Heaters refers to electricity as an energy source for heating water heater.
The global Electric Water Heaters market was valued at US$ 8384 million in 2023 and is anticipated to reach US$ 11660 million by 2030, witnessing a CAGR of 4.9% during the forecast period 2024-2030.
The market is considerably driven by trends such as effectiveness, diversity, sustainability, stylish design, and smart functionality of home appliances. The home appliance market offers significant growth opportunities as they are easy to use and help improve the quality of life.
This report aims to provide a comprehensive presentation of the global market for Electric Water Heaters, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Electric Water Heaters.
Report Scope
The Electric Water Heaters market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Electric Water Heaters market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Electric Water Heaters manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
A.O. Smith
GE
Rheem Manufacturing
Siemens
Ariston Thermo
Bajaj Electricals
Bradford White
Crompton Greaves
ELDOMINVEST
Ferroli
Haier
Hubbell
Noritz
Vanward Electric
Stiebel Eltron
Bosch
Eemax
Atmor
Eccotemp Systems
Drakken
Midea Group
Segment by Type
Storage
Non-storage
Segment by Application
Commercial
Residential
Production by Region
North America
Europe
China
Japan
South Korea
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Electric Water Heaters manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Electric Water Heaters by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Electric Water Heaters in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Electric Water Heaters refers to electricity as an energy source for heating water heater.
The global Electric Water Heaters market was valued at US$ 8384 million in 2023 and is anticipated to reach US$ 11660 million by 2030, witnessing a CAGR of 4.9% during the forecast period 2024-2030.
The market is considerably driven by trends such as effectiveness, diversity, sustainability, stylish design, and smart functionality of home appliances. The home appliance market offers significant growth opportunities as they are easy to use and help improve the quality of life.
This report aims to provide a comprehensive presentation of the global market for Electric Water Heaters, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Electric Water Heaters.
Report Scope
The Electric Water Heaters market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Electric Water Heaters market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Electric Water Heaters manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
A.O. Smith
GE
Rheem Manufacturing
Siemens
Ariston Thermo
Bajaj Electricals
Bradford White
Crompton Greaves
ELDOMINVEST
Ferroli
Haier
Hubbell
Noritz
Vanward Electric
Stiebel Eltron
Bosch
Eemax
Atmor
Eccotemp Systems
Drakken
Midea Group
Segment by Type
Storage
Non-storage
Segment by Application
Commercial
Residential
Production by Region
North America
Europe
China
Japan
South Korea
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Electric Water Heaters manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Electric Water Heaters by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Electric Water Heaters in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index1 Electric Water Heaters Market Overview
1.1 Product Definition
1.2 Electric Water Heaters Segment by Type
1.2.1 Global Electric Water Heaters Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Storage
1.2.3 Non-storage
1.3 Electric Water Heaters Segment by Application
1.3.1 Global Electric Water Heaters Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Commercial
1.3.3 Residential
1.4 Global Market Growth Prospects
1.4.1 Global Electric Water Heaters Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Electric Water Heaters Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Electric Water Heaters Production Estimates and Forecasts (2019-2030)
1.4.4 Global Electric Water Heaters Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Electric Water Heaters Production Market Share by Manufacturers (2019-2024)
2.2 Global Electric Water Heaters Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Electric Water Heaters, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Electric Water Heaters Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Electric Water Heaters Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Electric Water Heaters, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Electric Water Heaters, Product Offered and Application
2.8 Global Key Manufacturers of Electric Water Heaters, Date of Enter into This Industry
2.9 Electric Water Heaters Market Competitive Situation and Trends
2.9.1 Electric Water Heaters Market Concentration Rate
2.9.2 Global 5 and 10 Largest Electric Water Heaters Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Electric Water Heaters Production by Region
3.1 Global Electric Water Heaters Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Electric Water Heaters Production Value by Region (2019-2030)
3.2.1 Global Electric Water Heaters Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Electric Water Heaters by Region (2025-2030)
3.3 Global Electric Water Heaters Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Electric Water Heaters Production by Region (2019-2030)
3.4.1 Global Electric Water Heaters Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Electric Water Heaters by Region (2025-2030)
3.5 Global Electric Water Heaters Market Price Analysis by Region (2019-2024)
3.6 Global Electric Water Heaters Production and Value, Year-over-Year Growth
3.6.1 North America Electric Water Heaters Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Electric Water Heaters Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Electric Water Heaters Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Electric Water Heaters Production Value Estimates and Forecasts (2019-2030)
3.6.5 South Korea Electric Water Heaters Production Value Estimates and Forecasts (2019-2030)
4 Electric Water Heaters Consumption by Region
4.1 Global Electric Water Heaters Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Electric Water Heaters Consumption by Region (2019-2030)
4.2.1 Global Electric Water Heaters Consumption by Region (2019-2024)
4.2.2 Global Electric Water Heaters Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Electric Water Heaters Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Electric Water Heaters Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Electric Water Heaters Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Electric Water Heaters Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Electric Water Heaters Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Electric Water Heaters Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Electric Water Heaters Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Electric Water Heaters Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Electric Water Heaters Production by Type (2019-2030)
5.1.1 Global Electric Water Heaters Production by Type (2019-2024)
5.1.2 Global Electric Water Heaters Production by Type (2025-2030)
5.1.3 Global Electric Water Heaters Production Market Share by Type (2019-2030)
5.2 Global Electric Water Heaters Production Value by Type (2019-2030)
5.2.1 Global Electric Water Heaters Production Value by Type (2019-2024)
5.2.2 Global Electric Water Heaters Production Value by Type (2025-2030)
5.2.3 Global Electric Water Heaters Production Value Market Share by Type (2019-2030)
5.3 Global Electric Water Heaters Price by Type (2019-2030)
6 Segment by Application
6.1 Global Electric Water Heaters Production by Application (2019-2030)
6.1.1 Global Electric Water Heaters Production by Application (2019-2024)
6.1.2 Global Electric Water Heaters Production by Application (2025-2030)
6.1.3 Global Electric Water Heaters Production Market Share by Application (2019-2030)
6.2 Global Electric Water Heaters Production Value by Application (2019-2030)
6.2.1 Global Electric Water Heaters Production Value by Application (2019-2024)
6.2.2 Global Electric Water Heaters Production Value by Application (2025-2030)
6.2.3 Global Electric Water Heaters Production Value Market Share by Application (2019-2030)
6.3 Global Electric Water Heaters Price by Application (2019-2030)
7 Key Companies Profiled
7.1 A.O. Smith
7.1.1 A.O. Smith Electric Water Heaters Corporation Information
7.1.2 A.O. Smith Electric Water Heaters Product Portfolio
7.1.3 A.O. Smith Electric Water Heaters Production, Value, Price and Gross Margin (2019-2024)
7.1.4 A.O. Smith Main Business and Markets Served
7.1.5 A.O. Smith Recent Developments/Updates
7.2 GE
7.2.1 GE Electric Water Heaters Corporation Information
7.2.2 GE Electric Water Heaters Product Portfolio
7.2.3 GE Electric Water Heaters Production, Value, Price and Gross Margin (2019-2024)
7.2.4 GE Main Business and Markets Served
7.2.5 GE Recent Developments/Updates
7.3 Rheem Manufacturing
7.3.1 Rheem Manufacturing Electric Water Heaters Corporation Information
7.3.2 Rheem Manufacturing Electric Water Heaters Product Portfolio
7.3.3 Rheem Manufacturing Electric Water Heaters Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Rheem Manufacturing Main Business and Markets Served
7.3.5 Rheem Manufacturing Recent Developments/Updates
7.4 Siemens
7.4.1 Siemens Electric Water Heaters Corporation Information
7.4.2 Siemens Electric Water Heaters Product Portfolio
7.4.3 Siemens Electric Water Heaters Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Siemens Main Business and Markets Served
7.4.5 Siemens Recent Developments/Updates
7.5 Ariston Thermo
7.5.1 Ariston Thermo Electric Water Heaters Corporation Information
7.5.2 Ariston Thermo Electric Water Heaters Product Portfolio
7.5.3 Ariston Thermo Electric Water Heaters Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Ariston Thermo Main Business and Markets Served
7.5.5 Ariston Thermo Recent Developments/Updates
7.6 Bajaj Electricals
7.6.1 Bajaj Electricals Electric Water Heaters Corporation Information
7.6.2 Bajaj Electricals Electric Water Heaters Product Portfolio
7.6.3 Bajaj Electricals Electric Water Heaters Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Bajaj Electricals Main Business and Markets Served
7.6.5 Bajaj Electricals Recent Developments/Updates
7.7 Bradford White
7.7.1 Bradford White Electric Water Heaters Corporation Information
7.7.2 Bradford White Electric Water Heaters Product Portfolio
7.7.3 Bradford White Electric Water Heaters Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Bradford White Main Business and Markets Served
7.7.5 Bradford White Recent Developments/Updates
7.8 Crompton Greaves
7.8.1 Crompton Greaves Electric Water Heaters Corporation Information
7.8.2 Crompton Greaves Electric Water Heaters Product Portfolio
7.8.3 Crompton Greaves Electric Water Heaters Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Crompton Greaves Main Business and Markets Served
7.7.5 Crompton Greaves Recent Developments/Updates
7.9 ELDOMINVEST
7.9.1 ELDOMINVEST Electric Water Heaters Corporation Information
7.9.2 ELDOMINVEST Electric Water Heaters Product Portfolio
7.9.3 ELDOMINVEST Electric Water Heaters Production, Value, Price and Gross Margin (2019-2024)
7.9.4 ELDOMINVEST Main Business and Markets Served
7.9.5 ELDOMINVEST Recent Developments/Updates
7.10 Ferroli
7.10.1 Ferroli Electric Water Heaters Corporation Information
7.10.2 Ferroli Electric Water Heaters Product Portfolio
7.10.3 Ferroli Electric Water Heaters Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Ferroli Main Business and Markets Served
7.10.5 Ferroli Recent Developments/Updates
7.11 Haier
7.11.1 Haier Electric Water Heaters Corporation Information
7.11.2 Haier Electric Water Heaters Product Portfolio
7.11.3 Haier Electric Water Heaters Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Haier Main Business and Markets Served
7.11.5 Haier Recent Developments/Updates
7.12 Hubbell
7.12.1 Hubbell Electric Water Heaters Corporation Information
7.12.2 Hubbell Electric Water Heaters Product Portfolio
7.12.3 Hubbell Electric Water Heaters Production, Value, Price and Gross Margin (2019-2024)
7.12.4 Hubbell Main Business and Markets Served
7.12.5 Hubbell Recent Developments/Updates
7.13 Noritz
7.13.1 Noritz Electric Water Heaters Corporation Information
7.13.2 Noritz Electric Water Heaters Product Portfolio
7.13.3 Noritz Electric Water Heaters Production, Value, Price and Gross Margin (2019-2024)
7.13.4 Noritz Main Business and Markets Served
7.13.5 Noritz Recent Developments/Updates
7.14 Vanward Electric
7.14.1 Vanward Electric Electric Water Heaters Corporation Information
7.14.2 Vanward Electric Electric Water Heaters Product Portfolio
7.14.3 Vanward Electric Electric Water Heaters Production, Value, Price and Gross Margin (2019-2024)
7.14.4 Vanward Electric Main Business and Markets Served
7.14.5 Vanward Electric Recent Developments/Updates
7.15 Stiebel Eltron
7.15.1 Stiebel Eltron Electric Water Heaters Corporation Information
7.15.2 Stiebel Eltron Electric Water Heaters Product Portfolio
7.15.3 Stiebel Eltron Electric Water Heaters Production, Value, Price and Gross Margin (2019-2024)
7.15.4 Stiebel Eltron Main Business and Markets Served
7.15.5 Stiebel Eltron Recent Developments/Updates
7.16 Bosch
7.16.1 Bosch Electric Water Heaters Corporation Information
7.16.2 Bosch Electric Water Heaters Product Portfolio
7.16.3 Bosch Electric Water Heaters Production, Value, Price and Gross Margin (2019-2024)
7.16.4 Bosch Main Business and Markets Served
7.16.5 Bosch Recent Developments/Updates
7.17 Eemax
7.17.1 Eemax Electric Water Heaters Corporation Information
7.17.2 Eemax Electric Water Heaters Product Portfolio
7.17.3 Eemax Electric Water Heaters Production, Value, Price and Gross Margin (2019-2024)
7.17.4 Eemax Main Business and Markets Served
7.17.5 Eemax Recent Developments/Updates
7.18 Atmor
7.18.1 Atmor Electric Water Heaters Corporation Information
7.18.2 Atmor Electric Water Heaters Product Portfolio
7.18.3 Atmor Electric Water Heaters Production, Value, Price and Gross Margin (2019-2024)
7.18.4 Atmor Main Business and Markets Served
7.18.5 Atmor Recent Developments/Updates
7.19 Eccotemp Systems
7.19.1 Eccotemp Systems Electric Water Heaters Corporation Information
7.19.2 Eccotemp Systems Electric Water Heaters Product Portfolio
7.19.3 Eccotemp Systems Electric Water Heaters Production, Value, Price and Gross Margin (2019-2024)
7.19.4 Eccotemp Systems Main Business and Markets Served
7.19.5 Eccotemp Systems Recent Developments/Updates
7.20 Drakken
7.20.1 Drakken Electric Water Heaters Corporation Information
7.20.2 Drakken Electric Water Heaters Product Portfolio
7.20.3 Drakken Electric Water Heaters Production, Value, Price and Gross Margin (2019-2024)
7.20.4 Drakken Main Business and Markets Served
7.20.5 Drakken Recent Developments/Updates
7.21 Midea Group
7.21.1 Midea Group Electric Water Heaters Corporation Information
7.21.2 Midea Group Electric Water Heaters Product Portfolio
7.21.3 Midea Group Electric Water Heaters Production, Value, Price and Gross Margin (2019-2024)
7.21.4 Midea Group Main Business and Markets Served
7.21.5 Midea Group Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Electric Water Heaters Industry Chain Analysis
8.2 Electric Water Heaters Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Electric Water Heaters Production Mode & Process
8.4 Electric Water Heaters Sales and Marketing
8.4.1 Electric Water Heaters Sales Channels
8.4.2 Electric Water Heaters Distributors
8.5 Electric Water Heaters Customers
9 Electric Water Heaters Market Dynamics
9.1 Electric Water Heaters Industry Trends
9.2 Electric Water Heaters Market Drivers
9.3 Electric Water Heaters Market Challenges
9.4 Electric Water Heaters Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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