Global Grid-Connected Water Heater Market Growth 2025-2031

The global Grid-Connected Water Heater market size is predicted to grow from US$ 62.7 million in 2025 to US$ 83.3 million in 2031; it is expected to grow at a CAGR of 4.9% from 2025 to 2031.

A grid-connected water heater is a device that uses electricity or other energy sources to connect to the grid to provide hot water supply. Intelligence is one of the current development trends in various industries, and it is also applicable to grid-connected water heaters. The future water heater will have an intelligent control system, which can automatically adjust the water temperature, water volume and heating time according to the user"s needs and usage habits, and provide a personalized hot water experience.

LP Information, Inc. (LPI) ' newest research report, the “Grid-Connected Water Heater Industry Forecast” looks at past sales and reviews total world Grid-Connected Water Heater sales in 2024, providing a comprehensive analysis by region and market sector of projected Grid-Connected Water Heater sales for 2025 through 2031. With Grid-Connected Water Heater sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Grid-Connected Water Heater industry.

This Insight Report provides a comprehensive analysis of the global Grid-Connected Water Heater landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Grid-Connected Water Heater portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Grid-Connected Water Heater market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Grid-Connected Water Heater and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Grid-Connected Water Heater.

This report presents a comprehensive overview, market shares, and growth opportunities of Grid-Connected Water Heater market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Less Than 40 Liters
40-99 Liters
100-149 Liters
Above 150 Liters

Segmentation by Application:
Residential
Non-Residential

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Steffes
HTP
Dakota Electric Association
Great River Energy
Vaughn Thermal
Sunpu New Energy Technology (Shandong)
Shandong Aokelong Solar Technology
Shandong Muyang New Energy
Guangdong Five Star Solar
Sunshine Solar Power
Tianpu New Energy Technology

Key Questions Addressed in this Report

What is the 10-year outlook for the global Grid-Connected Water Heater market?

What factors are driving Grid-Connected Water Heater market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Grid-Connected Water Heater market opportunities vary by end market size?

How does Grid-Connected Water Heater break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.