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Electric Water Heaters-Global Market Insights and Sales Trends 2025

Electric Water Heaters-Global Market Insights and Sales Trends 2025

Publishing Date : Mar, 2025

License Type :
 

Report Code : 1856452

No of Pages : 121

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Synopsis
Electric Water Heaters refers to electricity as an energy source for heating water heater.
The global Electric Water Heaters market size is expected to reach US$ 11660 million by 2029, growing at a CAGR of 4.9% from 2023 to 2029. The market is mainly driven by the significant applications of Electric Water Heaters in various end use industries. The expanding demands from the Commercial and Residential, are propelling Electric Water Heaters market. Storage, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Non-storage segment is estimated at % CAGR for the next seven-year period.
Increasing government initiatives to improve rural infrastructure and uninterrupted electricity availability in these areas is expected to provide new opportunities to market growth.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Electric Water Heaters, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Electric Water Heaters market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Electric Water Heaters market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Electric Water Heaters sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Electric Water Heaters covered in this report include A.O. Smith, GE, Rheem Manufacturing, Siemens, Ariston Thermo, Bajaj Electricals, Bradford White, Crompton Greaves and ELDOMINVEST, etc.
The global Electric Water Heaters market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
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
Global Electric Water Heaters market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Electric Water Heaters market, Segment by Type:
Storage
Non-storage
Global Electric Water Heaters market, by Application
Commercial
Residential
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Electric Water Heaters manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Electric Water Heaters in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index
1 Electric Water Heaters Market Overview
1.1 Electric Water Heaters Product Overview
1.2 Electric Water Heaters Market Segment by Type
1.2.1 Storage
1.2.2 Non-storage
1.3 Global Electric Water Heaters Market Size by Type
1.3.1 Global Electric Water Heaters Market Size Overview by Type (2018-2029)
1.3.2 Global Electric Water Heaters Historic Market Size Review by Type (2018-2023)
1.3.3 Global Electric Water Heaters Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Electric Water Heaters Sales Breakdown by Type (2018-2023)
1.4.2 Europe Electric Water Heaters Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Electric Water Heaters Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Electric Water Heaters Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Electric Water Heaters Sales Breakdown by Type (2018-2023)
2 Global Electric Water Heaters Market Competition by Company
2.1 Global Top Players by Electric Water Heaters Sales (2018-2023)
2.2 Global Top Players by Electric Water Heaters Revenue (2018-2023)
2.3 Global Top Players by Electric Water Heaters Price (2018-2023)
2.4 Global Top Manufacturers Electric Water Heaters Manufacturing Base Distribution, Sales Area, Product Type
2.5 Electric Water Heaters Market Competitive Situation and Trends
2.5.1 Electric Water Heaters Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Electric Water Heaters Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Electric Water Heaters as of 2022)
2.7 Date of Key Manufacturers Enter into Electric Water Heaters Market
2.8 Key Manufacturers Electric Water Heaters Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Electric Water Heaters Status and Outlook by Region
3.1 Global Electric Water Heaters Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Electric Water Heaters Historic Market Size by Region
3.2.1 Global Electric Water Heaters Sales in Volume by Region (2018-2023)
3.2.2 Global Electric Water Heaters Sales in Value by Region (2018-2023)
3.2.3 Global Electric Water Heaters Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Electric Water Heaters Forecasted Market Size by Region
3.3.1 Global Electric Water Heaters Sales in Volume by Region (2024-2029)
3.3.2 Global Electric Water Heaters Sales in Value by Region (2024-2029)
3.3.3 Global Electric Water Heaters Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Electric Water Heaters by Application
4.1 Electric Water Heaters Market Segment by Application
4.1.1 Commercial
4.1.2 Residential
4.2 Global Electric Water Heaters Market Size by Application
4.2.1 Global Electric Water Heaters Market Size Overview by Application (2018-2029)
4.2.2 Global Electric Water Heaters Historic Market Size Review by Application (2018-2023)
4.2.3 Global Electric Water Heaters Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Electric Water Heaters Sales Breakdown by Application (2018-2023)
4.3.2 Europe Electric Water Heaters Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Electric Water Heaters Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Electric Water Heaters Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Electric Water Heaters Sales Breakdown by Application (2018-2023)
5 North America Electric Water Heaters by Country
5.1 North America Electric Water Heaters Historic Market Size by Country
5.1.1 North America Electric Water Heaters Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Electric Water Heaters Sales in Volume by Country (2018-2023)
5.1.3 North America Electric Water Heaters Sales in Value by Country (2018-2023)
5.2 North America Electric Water Heaters Forecasted Market Size by Country
5.2.1 North America Electric Water Heaters Sales in Volume by Country (2024-2029)
5.2.2 North America Electric Water Heaters Sales in Value by Country (2024-2029)
6 Europe Electric Water Heaters by Country
6.1 Europe Electric Water Heaters Historic Market Size by Country
6.1.1 Europe Electric Water Heaters Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Electric Water Heaters Sales in Volume by Country (2018-2023)
6.1.3 Europe Electric Water Heaters Sales in Value by Country (2018-2023)
6.2 Europe Electric Water Heaters Forecasted Market Size by Country
6.2.1 Europe Electric Water Heaters Sales in Volume by Country (2024-2029)
6.2.2 Europe Electric Water Heaters Sales in Value by Country (2024-2029)
7 Asia-Pacific Electric Water Heaters by Region
7.1 Asia-Pacific Electric Water Heaters Historic Market Size by Region
7.1.1 Asia-Pacific Electric Water Heaters Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Electric Water Heaters Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Electric Water Heaters Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Electric Water Heaters Forecasted Market Size by Region
7.2.1 Asia-Pacific Electric Water Heaters Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Electric Water Heaters Sales in Value by Region (2024-2029)
8 Latin America Electric Water Heaters by Country
8.1 Latin America Electric Water Heaters Historic Market Size by Country
8.1.1 Latin America Electric Water Heaters Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Electric Water Heaters Sales in Volume by Country (2018-2023)
8.1.3 Latin America Electric Water Heaters Sales in Value by Country (2018-2023)
8.2 Latin America Electric Water Heaters Forecasted Market Size by Country
8.2.1 Latin America Electric Water Heaters Sales in Volume by Country (2024-2029)
8.2.2 Latin America Electric Water Heaters Sales in Value by Country (2024-2029)
9 Middle East and Africa Electric Water Heaters by Country
9.1 Middle East and Africa Electric Water Heaters Historic Market Size by Country
9.1.1 Middle East and Africa Electric Water Heaters Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Electric Water Heaters Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Electric Water Heaters Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Electric Water Heaters Forecasted Market Size by Country
9.2.1 Middle East and Africa Electric Water Heaters Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Electric Water Heaters Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 A.O. Smith
10.1.1 A.O. Smith Company Information
10.1.2 A.O. Smith Introduction and Business Overview
10.1.3 A.O. Smith Electric Water Heaters Sales, Revenue and Gross Margin (2018-2023)
10.1.4 A.O. Smith Electric Water Heaters Products Offered
10.1.5 A.O. Smith Recent Development
10.2 GE
10.2.1 GE Company Information
10.2.2 GE Introduction and Business Overview
10.2.3 GE Electric Water Heaters Sales, Revenue and Gross Margin (2018-2023)
10.2.4 GE Electric Water Heaters Products Offered
10.2.5 GE Recent Development
10.3 Rheem Manufacturing
10.3.1 Rheem Manufacturing Company Information
10.3.2 Rheem Manufacturing Introduction and Business Overview
10.3.3 Rheem Manufacturing Electric Water Heaters Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Rheem Manufacturing Electric Water Heaters Products Offered
10.3.5 Rheem Manufacturing Recent Development
10.4 Siemens
10.4.1 Siemens Company Information
10.4.2 Siemens Introduction and Business Overview
10.4.3 Siemens Electric Water Heaters Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Siemens Electric Water Heaters Products Offered
10.4.5 Siemens Recent Development
10.5 Ariston Thermo
10.5.1 Ariston Thermo Company Information
10.5.2 Ariston Thermo Introduction and Business Overview
10.5.3 Ariston Thermo Electric Water Heaters Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Ariston Thermo Electric Water Heaters Products Offered
10.5.5 Ariston Thermo Recent Development
10.6 Bajaj Electricals
10.6.1 Bajaj Electricals Company Information
10.6.2 Bajaj Electricals Introduction and Business Overview
10.6.3 Bajaj Electricals Electric Water Heaters Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Bajaj Electricals Electric Water Heaters Products Offered
10.6.5 Bajaj Electricals Recent Development
10.7 Bradford White
10.7.1 Bradford White Company Information
10.7.2 Bradford White Introduction and Business Overview
10.7.3 Bradford White Electric Water Heaters Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Bradford White Electric Water Heaters Products Offered
10.7.5 Bradford White Recent Development
10.8 Crompton Greaves
10.8.1 Crompton Greaves Company Information
10.8.2 Crompton Greaves Introduction and Business Overview
10.8.3 Crompton Greaves Electric Water Heaters Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Crompton Greaves Electric Water Heaters Products Offered
10.8.5 Crompton Greaves Recent Development
10.9 ELDOMINVEST
10.9.1 ELDOMINVEST Company Information
10.9.2 ELDOMINVEST Introduction and Business Overview
10.9.3 ELDOMINVEST Electric Water Heaters Sales, Revenue and Gross Margin (2018-2023)
10.9.4 ELDOMINVEST Electric Water Heaters Products Offered
10.9.5 ELDOMINVEST Recent Development
10.10 Ferroli
10.10.1 Ferroli Company Information
10.10.2 Ferroli Introduction and Business Overview
10.10.3 Ferroli Electric Water Heaters Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Ferroli Electric Water Heaters Products Offered
10.10.5 Ferroli Recent Development
10.11 Haier
10.11.1 Haier Company Information
10.11.2 Haier Introduction and Business Overview
10.11.3 Haier Electric Water Heaters Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Haier Electric Water Heaters Products Offered
10.11.5 Haier Recent Development
10.12 Hubbell
10.12.1 Hubbell Company Information
10.12.2 Hubbell Introduction and Business Overview
10.12.3 Hubbell Electric Water Heaters Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Hubbell Electric Water Heaters Products Offered
10.12.5 Hubbell Recent Development
10.13 Noritz
10.13.1 Noritz Company Information
10.13.2 Noritz Introduction and Business Overview
10.13.3 Noritz Electric Water Heaters Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Noritz Electric Water Heaters Products Offered
10.13.5 Noritz Recent Development
10.14 Vanward Electric
10.14.1 Vanward Electric Company Information
10.14.2 Vanward Electric Introduction and Business Overview
10.14.3 Vanward Electric Electric Water Heaters Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Vanward Electric Electric Water Heaters Products Offered
10.14.5 Vanward Electric Recent Development
10.15 Stiebel Eltron
10.15.1 Stiebel Eltron Company Information
10.15.2 Stiebel Eltron Introduction and Business Overview
10.15.3 Stiebel Eltron Electric Water Heaters Sales, Revenue and Gross Margin (2018-2023)
10.15.4 Stiebel Eltron Electric Water Heaters Products Offered
10.15.5 Stiebel Eltron Recent Development
10.16 Bosch
10.16.1 Bosch Company Information
10.16.2 Bosch Introduction and Business Overview
10.16.3 Bosch Electric Water Heaters Sales, Revenue and Gross Margin (2018-2023)
10.16.4 Bosch Electric Water Heaters Products Offered
10.16.5 Bosch Recent Development
10.17 Eemax
10.17.1 Eemax Company Information
10.17.2 Eemax Introduction and Business Overview
10.17.3 Eemax Electric Water Heaters Sales, Revenue and Gross Margin (2018-2023)
10.17.4 Eemax Electric Water Heaters Products Offered
10.17.5 Eemax Recent Development
10.18 Atmor
10.18.1 Atmor Company Information
10.18.2 Atmor Introduction and Business Overview
10.18.3 Atmor Electric Water Heaters Sales, Revenue and Gross Margin (2018-2023)
10.18.4 Atmor Electric Water Heaters Products Offered
10.18.5 Atmor Recent Development
10.19 Eccotemp Systems
10.19.1 Eccotemp Systems Company Information
10.19.2 Eccotemp Systems Introduction and Business Overview
10.19.3 Eccotemp Systems Electric Water Heaters Sales, Revenue and Gross Margin (2018-2023)
10.19.4 Eccotemp Systems Electric Water Heaters Products Offered
10.19.5 Eccotemp Systems Recent Development
10.20 Drakken
10.20.1 Drakken Company Information
10.20.2 Drakken Introduction and Business Overview
10.20.3 Drakken Electric Water Heaters Sales, Revenue and Gross Margin (2018-2023)
10.20.4 Drakken Electric Water Heaters Products Offered
10.20.5 Drakken Recent Development
10.21 Midea Group
10.21.1 Midea Group Company Information
10.21.2 Midea Group Introduction and Business Overview
10.21.3 Midea Group Electric Water Heaters Sales, Revenue and Gross Margin (2018-2023)
10.21.4 Midea Group Electric Water Heaters Products Offered
10.21.5 Midea Group Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Electric Water Heaters Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Electric Water Heaters Industrial Chain Analysis
11.4 Electric Water Heaters Market Dynamics
11.4.1 Electric Water Heaters Industry Trends
11.4.2 Electric Water Heaters Market Drivers
11.4.3 Electric Water Heaters Market Challenges
11.4.4 Electric Water Heaters Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Electric Water Heaters Distributors
12.3 Electric Water Heaters Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer

Published By : QY Research

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