Global Electric Water Heaters Market Research Report 2023(Status and Outlook)
Report Overview
Electric Water Heaters refers to electricity as an energy source for heating water heater.
Increasing government initiatives to improve rural infrastructure and uninterrupted electricity availability in these areas is expected to provide new opportunities to market growth.
The Global Electric Water Heaters Market Size was estimated at USD 18430.00 million in 2022 and is projected to reach USD 28265.60 million by 2029, exhibiting a CAGR of 6.30% during the forecast period.
Bosson Research’s latest report provides a deep insight into the global Electric Water Heaters market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Electric Water Heaters Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Electric Water Heaters market in any manner.
Global Electric Water Heaters Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key 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
Market Segmentation (by Type)
Storage
Non-storage
Market Segmentation (by Application)
Land Based System
Naval Systems
Air Force System
Space System
Geographic Segmentation
North America (USA, Canada, Mexico)
Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
South America (Brazil, Argentina, Columbia, Rest of South America)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Key Benefits of This Market Research:
Industry drivers, restraints, and opportunities covered in the study
Neutral perspective on the market performance
Recent industry trends and developments
Competitive landscape & strategies of key players
Potential & niche segments and regions exhibiting promising growth covered
Historical, current, and projected market size, in terms of value
In-depth analysis of the Electric Water Heaters Market
Overview of the regional outlook of the Electric Water Heaters Market:
Key Reasons to Buy this Report:
Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
This enables you to anticipate market changes to remain ahead of your competitors
- 1 Research Methodology and Statistical Scope
- 1.1 Market Definition and Statistical Scope of Electric Water Heaters
- 1.2 Key Market Segments
- 1.2.1 Electric Water Heaters Segment by Type
- 1.2.2 Electric Water Heaters Segment by Application
- 1.3 Methodology & Sources of Information
- 1.3.1 Research Methodology
- 1.3.2 Research Process
- 1.3.3 Market Breakdown and Data Triangulation
- 1.3.4 Base Year
- 1.3.5 Report Assumptions & Caveats
- 2 Electric Water Heaters Market Overview
- 2.1 Global Market Overview
- 2.1.1 Global Electric Water Heaters Market Size (M USD) Estimates and Forecasts (2018-2029)
- 2.1.2 Global Electric Water Heaters Sales Estimates and Forecasts (2018-2029)
- 2.2 Market Segment Executive Summary
- 2.3 Global Market Size by Region
- 3 Electric Water Heaters Market Competitive Landscape
- 3.1 Global Electric Water Heaters Sales by Manufacturers (2018-2023)
- 3.2 Global Electric Water Heaters Revenue Market Share by Manufacturers (2018-2023)
- 3.3 Electric Water Heaters Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
- 3.4 Global Electric Water Heaters Average Price by Manufacturers (2018-2023)
- 3.5 Manufacturers Electric Water Heaters Sales Sites, Area Served, Product Type
- 3.6 Electric Water Heaters Market Competitive Situation and Trends
- 3.6.1 Electric Water Heaters Market Concentration Rate
- 3.6.2 Global 5 and 10 Largest Electric Water Heaters Players Market Share by Revenue
- 3.6.3 Mergers & Acquisitions, Expansion
- 4 Electric Water Heaters Industry Chain Analysis
- 4.1 Electric Water Heaters Industry Chain Analysis
- 4.2 Market Overview of Key Raw Materials
- 4.3 Midstream Market Analysis
- 4.4 Downstream Customer Analysis
- 5 The Development and Dynamics of Electric Water Heaters Market
- 5.1 Key Development Trends
- 5.2 Driving Factors
- 5.3 Market Challenges
- 5.4 Market Restraints
- 5.5 Industry News
- 5.5.1 New Product Developments
- 5.5.2 Mergers & Acquisitions
- 5.5.3 Expansions
- 5.5.4 Collaboration/Supply Contracts
- 5.6 Industry Policies
- 6 Electric Water Heaters Market Segmentation by Type
- 6.1 Evaluation Matrix of Segment Market Development Potential (Type)
- 6.2 Global Electric Water Heaters Sales Market Share by Type (2018-2023)
- 6.3 Global Electric Water Heaters Market Size Market Share by Type (2018-2023)
- 6.4 Global Electric Water Heaters Price by Type (2018-2023)
- 7 Electric Water Heaters Market Segmentation by Application
- 7.1 Evaluation Matrix of Segment Market Development Potential (Application)
- 7.2 Global Electric Water Heaters Market Sales by Application (2018-2023)
- 7.3 Global Electric Water Heaters Market Size (M USD) by Application (2018-2023)
- 7.4 Global Electric Water Heaters Sales Growth Rate by Application (2018-2023)
- 8 Electric Water Heaters Market Segmentation by Region
- 8.1 Global Electric Water Heaters Sales by Region
- 8.1.1 Global Electric Water Heaters Sales by Region
- 8.1.2 Global Electric Water Heaters Sales Market Share by Region
- 8.2 North America
- 8.2.1 North America Electric Water Heaters Sales by Country
- 8.2.2 U.S.
- 8.2.3 Canada
- 8.2.4 Mexico
- 8.3 Europe
- 8.3.1 Europe Electric Water Heaters Sales by Country
- 8.3.2 Germany
- 8.3.3 France
- 8.3.4 U.K.
- 8.3.5 Italy
- 8.3.6 Russia
- 8.4 Asia Pacific
- 8.4.1 Asia Pacific Electric Water Heaters Sales by Region
- 8.4.2 China
- 8.4.3 Japan
- 8.4.4 South Korea
- 8.4.5 India
- 8.4.6 Southeast Asia
- 8.5 South America
- 8.5.1 South America Electric Water Heaters Sales by Country
- 8.5.2 Brazil
- 8.5.3 Argentina
- 8.5.4 Columbia
- 8.6 Middle East and Africa
- 8.6.1 Middle East and Africa Electric Water Heaters Sales by Region
- 8.6.2 Saudi Arabia
- 8.6.3 UAE
- 8.6.4 Egypt
- 8.6.5 Nigeria
- 8.6.6 South Africa
- 9 Key Companies Profile
- 9.1 A.O. Smith
- 9.1.1 A.O. Smith Electric Water Heaters Basic Information
- 9.1.2 A.O. Smith Electric Water Heaters Product Overview
- 9.1.3 A.O. Smith Electric Water Heaters Product Market Performance
- 9.1.4 A.O. Smith Business Overview
- 9.1.5 A.O. Smith Electric Water Heaters SWOT Analysis
- 9.1.6 A.O. Smith Recent Developments
- 9.2 GE
- 9.2.1 GE Electric Water Heaters Basic Information
- 9.2.2 GE Electric Water Heaters Product Overview
- 9.2.3 GE Electric Water Heaters Product Market Performance
- 9.2.4 GE Business Overview
- 9.2.5 GE Electric Water Heaters SWOT Analysis
- 9.2.6 GE Recent Developments
- 9.3 Rheem Manufacturing
- 9.3.1 Rheem Manufacturing Electric Water Heaters Basic Information
- 9.3.2 Rheem Manufacturing Electric Water Heaters Product Overview
- 9.3.3 Rheem Manufacturing Electric Water Heaters Product Market Performance
- 9.3.4 Rheem Manufacturing Business Overview
- 9.3.5 Rheem Manufacturing Electric Water Heaters SWOT Analysis
- 9.3.6 Rheem Manufacturing Recent Developments
- 9.4 Siemens
- 9.4.1 Siemens Electric Water Heaters Basic Information
- 9.4.2 Siemens Electric Water Heaters Product Overview
- 9.4.3 Siemens Electric Water Heaters Product Market Performance
- 9.4.4 Siemens Business Overview
- 9.4.5 Siemens Electric Water Heaters SWOT Analysis
- 9.4.6 Siemens Recent Developments
- 9.5 Ariston Thermo
- 9.5.1 Ariston Thermo Electric Water Heaters Basic Information
- 9.5.2 Ariston Thermo Electric Water Heaters Product Overview
- 9.5.3 Ariston Thermo Electric Water Heaters Product Market Performance
- 9.5.4 Ariston Thermo Business Overview
- 9.5.5 Ariston Thermo Electric Water Heaters SWOT Analysis
- 9.5.6 Ariston Thermo Recent Developments
- 9.6 Bajaj Electricals
- 9.6.1 Bajaj Electricals Electric Water Heaters Basic Information
- 9.6.2 Bajaj Electricals Electric Water Heaters Product Overview
- 9.6.3 Bajaj Electricals Electric Water Heaters Product Market Performance
- 9.6.4 Bajaj Electricals Business Overview
- 9.6.5 Bajaj Electricals Recent Developments
- 9.7 Bradford White
- 9.7.1 Bradford White Electric Water Heaters Basic Information
- 9.7.2 Bradford White Electric Water Heaters Product Overview
- 9.7.3 Bradford White Electric Water Heaters Product Market Performance
- 9.7.4 Bradford White Business Overview
- 9.7.5 Bradford White Recent Developments
- 9.8 Crompton Greaves
- 9.8.1 Crompton Greaves Electric Water Heaters Basic Information
- 9.8.2 Crompton Greaves Electric Water Heaters Product Overview
- 9.8.3 Crompton Greaves Electric Water Heaters Product Market Performance
- 9.8.4 Crompton Greaves Business Overview
- 9.8.5 Crompton Greaves Recent Developments
- 9.9 ELDOMINVEST
- 9.9.1 ELDOMINVEST Electric Water Heaters Basic Information
- 9.9.2 ELDOMINVEST Electric Water Heaters Product Overview
- 9.9.3 ELDOMINVEST Electric Water Heaters Product Market Performance
- 9.9.4 ELDOMINVEST Business Overview
- 9.9.5 ELDOMINVEST Recent Developments
- 9.10 Ferroli
- 9.10.1 Ferroli Electric Water Heaters Basic Information
- 9.10.2 Ferroli Electric Water Heaters Product Overview
- 9.10.3 Ferroli Electric Water Heaters Product Market Performance
- 9.10.4 Ferroli Business Overview
- 9.10.5 Ferroli Recent Developments
- 9.11 Haier
- 9.11.1 Haier Electric Water Heaters Basic Information
- 9.11.2 Haier Electric Water Heaters Product Overview
- 9.11.3 Haier Electric Water Heaters Product Market Performance
- 9.11.4 Haier Business Overview
- 9.11.5 Haier Recent Developments
- 9.12 Hubbell
- 9.12.1 Hubbell Electric Water Heaters Basic Information
- 9.12.2 Hubbell Electric Water Heaters Product Overview
- 9.12.3 Hubbell Electric Water Heaters Product Market Performance
- 9.12.4 Hubbell Business Overview
- 9.12.5 Hubbell Recent Developments
- 9.13 Noritz
- 9.13.1 Noritz Electric Water Heaters Basic Information
- 9.13.2 Noritz Electric Water Heaters Product Overview
- 9.13.3 Noritz Electric Water Heaters Product Market Performance
- 9.13.4 Noritz Business Overview
- 9.13.5 Noritz Recent Developments
- 9.14 Vanward Electric
- 9.14.1 Vanward Electric Electric Water Heaters Basic Information
- 9.14.2 Vanward Electric Electric Water Heaters Product Overview
- 9.14.3 Vanward Electric Electric Water Heaters Product Market Performance
- 9.14.4 Vanward Electric Business Overview
- 9.14.5 Vanward Electric Recent Developments
- 9.15 Stiebel Eltron
- 9.15.1 Stiebel Eltron Electric Water Heaters Basic Information
- 9.15.2 Stiebel Eltron Electric Water Heaters Product Overview
- 9.15.3 Stiebel Eltron Electric Water Heaters Product Market Performance
- 9.15.4 Stiebel Eltron Business Overview
- 9.15.5 Stiebel Eltron Recent Developments
- 9.16 Bosch
- 9.16.1 Bosch Electric Water Heaters Basic Information
- 9.16.2 Bosch Electric Water Heaters Product Overview
- 9.16.3 Bosch Electric Water Heaters Product Market Performance
- 9.16.4 Bosch Business Overview
- 9.16.5 Bosch Recent Developments
- 9.17 Eemax
- 9.17.1 Eemax Electric Water Heaters Basic Information
- 9.17.2 Eemax Electric Water Heaters Product Overview
- 9.17.3 Eemax Electric Water Heaters Product Market Performance
- 9.17.4 Eemax Business Overview
- 9.17.5 Eemax Recent Developments
- 9.18 Atmor
- 9.18.1 Atmor Electric Water Heaters Basic Information
- 9.18.2 Atmor Electric Water Heaters Product Overview
- 9.18.3 Atmor Electric Water Heaters Product Market Performance
- 9.18.4 Atmor Business Overview
- 9.18.5 Atmor Recent Developments
- 9.19 Eccotemp Systems
- 9.19.1 Eccotemp Systems Electric Water Heaters Basic Information
- 9.19.2 Eccotemp Systems Electric Water Heaters Product Overview
- 9.19.3 Eccotemp Systems Electric Water Heaters Product Market Performance
- 9.19.4 Eccotemp Systems Business Overview
- 9.19.5 Eccotemp Systems Recent Developments
- 9.20 Drakken
- 9.20.1 Drakken Electric Water Heaters Basic Information
- 9.20.2 Drakken Electric Water Heaters Product Overview
- 9.20.3 Drakken Electric Water Heaters Product Market Performance
- 9.20.4 Drakken Business Overview
- 9.20.5 Drakken Recent Developments
- 9.21 Midea Group
- 9.21.1 Midea Group Electric Water Heaters Basic Information
- 9.21.2 Midea Group Electric Water Heaters Product Overview
- 9.21.3 Midea Group Electric Water Heaters Product Market Performance
- 9.21.4 Midea Group Business Overview
- 9.21.5 Midea Group Recent Developments
- 10 Electric Water Heaters Market Forecast by Region
- 10.1 Global Electric Water Heaters Market Size Forecast
- 10.2 Global Electric Water Heaters Market Forecast by Region
- 10.2.1 North America Market Size Forecast by Country
- 10.2.2 Europe Electric Water Heaters Market Size Forecast by Country
- 10.2.3 Asia Pacific Electric Water Heaters Market Size Forecast by Region
- 10.2.4 South America Electric Water Heaters Market Size Forecast by Country
- 10.2.5 Middle East and Africa Forecasted Consumption of Electric Water Heaters by Country
- 11 Forecast Market by Type and by Application (2024-2029)
- 11.1 Global Electric Water Heaters Market Forecast by Type (2024-2029)
- 11.1.1 Global Forecasted Sales of Electric Water Heaters by Type (2024-2029)
- 11.1.2 Global Electric Water Heaters Market Size Forecast by Type (2024-2029)
- 11.1.3 Global Forecasted Price of Electric Water Heaters by Type (2024-2029)
- 11.2 Global Electric Water Heaters Market Forecast by Application (2024-2029)
- 11.2.1 Global Electric Water Heaters Sales (K Units) Forecast by Application
- 11.2.2 Global Electric Water Heaters Market Size (M USD) Forecast by Application (2024-2029)
- 12 Conclusion and Key Findings
Research Assistance
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