Global Residential Electric Water Heaters Market Research Report 2024(Status and Outlook)

Global Residential Electric Water Heaters Market Research Report 2024(Status and Outlook)



Report Overview:

Water heater is a type of equipment used to provide hot water, this report cover storage tank type and tankless water heater.

The Global Residential Electric Water Heaters Market Size was estimated at USD 6160.76 million in 2023 and is projected to reach USD 8303.30 million by 2029, exhibiting a CAGR of 5.10% during the forecast period.

This report provides a deep insight into the global Residential 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 Residential 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 Residential Electric Water Heaters market in any manner.

Global Residential 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

Rinnai

A. O. Smith

Rheem

Haier

Noritz

Midea

Bosch

Vanward

Stiebel Eltron

Panasonic

GREE

Bradford White Corporation

Market Segmentation (by Type)

Tankless Electric Water Heaters

Tank Electric Water Heaters

Market Segmentation (by Application)

Less than 2 Person Home

3 to 4 Person Home

More than 4 Person Home

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 Residential Electric Water Heaters Market
  • Overview of the regional outlook of the Residential 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
  • You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents
  • The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
  • Provision of market value (USD Billion) data for each segment and sub-segment
  • Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
  • Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
  • Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
  • Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
  • The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
  • Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis
  • Provides insight into the market through Value Chain
  • Market dynamics scenario, along with growth opportunities of the market in the years to come
  • 6-month post-sales analyst support
Customization of the Report

In case of any queries or customization requirements, please connect with our sales team, who will ensure that your requirements are met.

Note: this report may need to undergo a final check or review and this could take about 48 hours.

Chapter Outline

Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.

Chapter 2 is an executive summary of different market segments (by region, product type, 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 Residential Electric Water Heaters Market and its likely evolution in the short to mid-term, and long term.

Chapter 3 makes a detailed analysis of the Market's Competitive Landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.

Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.

Chapter 5 introduces the 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 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 7 provides the analysis of various market segments according to 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 8 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 capacity of each country in the world.

Chapter 9 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.

Chapter 10 provides a quantitative analysis of the market size and development potential of each region in the next five years.

Chapter 11 provides a quantitative analysis of the market size and development potential of each market segment (product type and application) in the next five years.

Chapter 12 is the main points and conclusions of the report.


1 Research Methodology and Statistical Scope
1.1 Market Definition and Statistical Scope of Residential Electric Water Heaters
1.2 Key Market Segments
1.2.1 Residential Electric Water Heaters Segment by Type
1.2.2 Residential 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 Residential Electric Water Heaters Market Overview
2.1 Global Market Overview
2.1.1 Global Residential Electric Water Heaters Market Size (M USD) Estimates and Forecasts (2019-2030)
2.1.2 Global Residential Electric Water Heaters Sales Estimates and Forecasts (2019-2030)
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
3 Residential Electric Water Heaters Market Competitive Landscape
3.1 Global Residential Electric Water Heaters Sales by Manufacturers (2019-2024)
3.2 Global Residential Electric Water Heaters Revenue Market Share by Manufacturers (2019-2024)
3.3 Residential Electric Water Heaters Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.4 Global Residential Electric Water Heaters Average Price by Manufacturers (2019-2024)
3.5 Manufacturers Residential Electric Water Heaters Sales Sites, Area Served, Product Type
3.6 Residential Electric Water Heaters Market Competitive Situation and Trends
3.6.1 Residential Electric Water Heaters Market Concentration Rate
3.6.2 Global 5 and 10 Largest Residential Electric Water Heaters Players Market Share by Revenue
3.6.3 Mergers & Acquisitions, Expansion
4 Residential Electric Water Heaters Industry Chain Analysis
4.1 Residential 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 Residential 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 Residential Electric Water Heaters Market Segmentation by Type
6.1 Evaluation Matrix of Segment Market Development Potential (Type)
6.2 Global Residential Electric Water Heaters Sales Market Share by Type (2019-2024)
6.3 Global Residential Electric Water Heaters Market Size Market Share by Type (2019-2024)
6.4 Global Residential Electric Water Heaters Price by Type (2019-2024)
7 Residential Electric Water Heaters Market Segmentation by Application
7.1 Evaluation Matrix of Segment Market Development Potential (Application)
7.2 Global Residential Electric Water Heaters Market Sales by Application (2019-2024)
7.3 Global Residential Electric Water Heaters Market Size (M USD) by Application (2019-2024)
7.4 Global Residential Electric Water Heaters Sales Growth Rate by Application (2019-2024)
8 Residential Electric Water Heaters Market Segmentation by Region
8.1 Global Residential Electric Water Heaters Sales by Region
8.1.1 Global Residential Electric Water Heaters Sales by Region
8.1.2 Global Residential Electric Water Heaters Sales Market Share by Region
8.2 North America
8.2.1 North America Residential 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 Residential 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 Residential 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 Residential 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 Residential 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 Rinnai
9.1.1 Rinnai Residential Electric Water Heaters Basic Information
9.1.2 Rinnai Residential Electric Water Heaters Product Overview
9.1.3 Rinnai Residential Electric Water Heaters Product Market Performance
9.1.4 Rinnai Business Overview
9.1.5 Rinnai Residential Electric Water Heaters SWOT Analysis
9.1.6 Rinnai Recent Developments
9.2 A. O. Smith
9.2.1 A. O. Smith Residential Electric Water Heaters Basic Information
9.2.2 A. O. Smith Residential Electric Water Heaters Product Overview
9.2.3 A. O. Smith Residential Electric Water Heaters Product Market Performance
9.2.4 A. O. Smith Business Overview
9.2.5 A. O. Smith Residential Electric Water Heaters SWOT Analysis
9.2.6 A. O. Smith Recent Developments
9.3 Rheem
9.3.1 Rheem Residential Electric Water Heaters Basic Information
9.3.2 Rheem Residential Electric Water Heaters Product Overview
9.3.3 Rheem Residential Electric Water Heaters Product Market Performance
9.3.4 Rheem Residential Electric Water Heaters SWOT Analysis
9.3.5 Rheem Business Overview
9.3.6 Rheem Recent Developments
9.4 Haier
9.4.1 Haier Residential Electric Water Heaters Basic Information
9.4.2 Haier Residential Electric Water Heaters Product Overview
9.4.3 Haier Residential Electric Water Heaters Product Market Performance
9.4.4 Haier Business Overview
9.4.5 Haier Recent Developments
9.5 Noritz
9.5.1 Noritz Residential Electric Water Heaters Basic Information
9.5.2 Noritz Residential Electric Water Heaters Product Overview
9.5.3 Noritz Residential Electric Water Heaters Product Market Performance
9.5.4 Noritz Business Overview
9.5.5 Noritz Recent Developments
9.6 Midea
9.6.1 Midea Residential Electric Water Heaters Basic Information
9.6.2 Midea Residential Electric Water Heaters Product Overview
9.6.3 Midea Residential Electric Water Heaters Product Market Performance
9.6.4 Midea Business Overview
9.6.5 Midea Recent Developments
9.7 Bosch
9.7.1 Bosch Residential Electric Water Heaters Basic Information
9.7.2 Bosch Residential Electric Water Heaters Product Overview
9.7.3 Bosch Residential Electric Water Heaters Product Market Performance
9.7.4 Bosch Business Overview
9.7.5 Bosch Recent Developments
9.8 Vanward
9.8.1 Vanward Residential Electric Water Heaters Basic Information
9.8.2 Vanward Residential Electric Water Heaters Product Overview
9.8.3 Vanward Residential Electric Water Heaters Product Market Performance
9.8.4 Vanward Business Overview
9.8.5 Vanward Recent Developments
9.9 Stiebel Eltron
9.9.1 Stiebel Eltron Residential Electric Water Heaters Basic Information
9.9.2 Stiebel Eltron Residential Electric Water Heaters Product Overview
9.9.3 Stiebel Eltron Residential Electric Water Heaters Product Market Performance
9.9.4 Stiebel Eltron Business Overview
9.9.5 Stiebel Eltron Recent Developments
9.10 Panasonic
9.10.1 Panasonic Residential Electric Water Heaters Basic Information
9.10.2 Panasonic Residential Electric Water Heaters Product Overview
9.10.3 Panasonic Residential Electric Water Heaters Product Market Performance
9.10.4 Panasonic Business Overview
9.10.5 Panasonic Recent Developments
9.11 GREE
9.11.1 GREE Residential Electric Water Heaters Basic Information
9.11.2 GREE Residential Electric Water Heaters Product Overview
9.11.3 GREE Residential Electric Water Heaters Product Market Performance
9.11.4 GREE Business Overview
9.11.5 GREE Recent Developments
9.12 Bradford White Corporation
9.12.1 Bradford White Corporation Residential Electric Water Heaters Basic Information
9.12.2 Bradford White Corporation Residential Electric Water Heaters Product Overview
9.12.3 Bradford White Corporation Residential Electric Water Heaters Product Market Performance
9.12.4 Bradford White Corporation Business Overview
9.12.5 Bradford White Corporation Recent Developments
10 Residential Electric Water Heaters Market Forecast by Region
10.1 Global Residential Electric Water Heaters Market Size Forecast
10.2 Global Residential Electric Water Heaters Market Forecast by Region
10.2.1 North America Market Size Forecast by Country
10.2.2 Europe Residential Electric Water Heaters Market Size Forecast by Country
10.2.3 Asia Pacific Residential Electric Water Heaters Market Size Forecast by Region
10.2.4 South America Residential Electric Water Heaters Market Size Forecast by Country
10.2.5 Middle East and Africa Forecasted Consumption of Residential Electric Water Heaters by Country
11 Forecast Market by Type and by Application (2025-2030)
11.1 Global Residential Electric Water Heaters Market Forecast by Type (2025-2030)
11.1.1 Global Forecasted Sales of Residential Electric Water Heaters by Type (2025-2030)
11.1.2 Global Residential Electric Water Heaters Market Size Forecast by Type (2025-2030)
11.1.3 Global Forecasted Price of Residential Electric Water Heaters by Type (2025-2030)
11.2 Global Residential Electric Water Heaters Market Forecast by Application (2025-2030)
11.2.1 Global Residential Electric Water Heaters Sales (K Units) Forecast by Application
11.2.2 Global Residential Electric Water Heaters Market Size (M USD) Forecast by Application (2025-2030)
12 Conclusion and Key Findings

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