Electric Water Heater Market 2027 By Product, Application | The Insight Partners

Electric Water Heater Market to 2027 - Global Analysis and Forecasts by Product (Storage and Non-storage); Capacity (Small, Medium, and Large Water Heater); and Application (Residential, Commercial, and Industrial)

Publication Month: Dec 2019 | Report Code: TIPTE100001020 | No. of Pages: 150 | Category: Electronics and Semiconductor | Status: Published
Covid

The Electric water heater market in global is expected to grow from US$ 14.07 Bn in 2018 to US$ 21.47 Bn by the year 2027. This represents a CAGR of 4.9% from the year 2019 to 2027.

Asia Pacific was the leading geographic market, and it is anticipated to be the highest revenue contributor throughout the forecast period. In the APAC, swift development of infrastructure of various residential, commercial, and industrial units is driving the APAC electric water heater market, and this would continue to drive in the coming ten years.  

 

Lucrative Regional Electric Water Heater Markets

Lucrative Regional Electric Water Heater Markets

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Market Insights

The Urban Immigration Factor is a Key Influential Factor for the Electric Water Heater Market

Different countries worldwide are experiencing a huge trend of urban migration. Urban migration is a growing trend in the twenty-first century. The key parameters driving the urban migration trend include job opportunities, educational opportunities, and medical opportunities. Also, increasing income levels among middle-class society and better living standards are key contributing factors towards urban relocation. The rising trend of urban migration has led to the development of residential infrastructures, which is a key factor catalyzing the growth of the electric water heaters market in the current scenario.

The urban population experiences more benefits than rural areas, and the same seek an enhanced standard of living. Pertaining to the factor mentioned above, the various technology developers, commodity manufacturers, energy & power generating organizations, infrastructure developers, and governments are constantly striving hard to meet the demands of the urban population. Urban migration and higher living standards, coupled with growing technologies and governmental policies, drive the growth of residential infrastructure in various developing countries as well as developed nations. The rising number of residential infrastructure is facilitating the electric water heater market players to witness growth in demand for their respective products.

The rising residential infrastructure worldwide is enabling the market players operating in the electric water heater market to enhance their respective product range to attract a wide variety of customers. The awareness of benefits and application areas of electric water heaters is peaking among the urban population, and pertaining to this, the adoption of the same is continuously growing, which is then furnishing the revenue size of the electric water heaters market. Thus, with the escalating migration from rural areas to urban areas in different countries, the demand for electric water heaters in the residential sector would soar in the coming years. Therefore, the urban immigration factor is a key influential factor for the electric water heater market throughout the forecast period.


Product Insights

The global electric water heater market by-product was led by storage segment. The non-storage segment held the second-largest market in 2018 and is anticipated to increase its shares during the forecast period from 2019 – 2027.


Application Insights

The global electric water heater market by application was led by the residential segment. Commercial segment held the second-largest market in 2018 and is anticipated to increase its shares during the forecast period from 2019 – 2027.

 

Global electric water heater Market by Product

Global electric water heater Market by Product

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Strategic Insights

The market players present in electric water heater market are mainly focusing on product enhancements by implementing advanced technologies. Few of the recent developments are listed below:


2019:
PHCC expanded the partnership status of Bradford White Corp. to Strategic Partner category. The recognition expands the partnership from solely Bradford White Water Heaters to the entire Bradford White Corp.  


2019:
Bradford White announced the launch of its new web-based contractor resource, For The Pro, tailored for professional installers of Bradford White water heating, space heating, combination heating, and storage solutions for residential, commercial, and industrial applications.


2018:
A. O. Smith opened new Lloyd R. Smith Corporate Technology Center that would serve as its global innovation hub for A. O. Smith products around the globe.   

 

GLOBAL ELECTRIC WATER HEATER MARKET – MARKET SEGMENTATION

Global electric water heater Market by Product

  • Storage
    • < 30 Litres
    • 30 - 100 Litres
    • 100 - 250 Litres
    • 250 - 400 Litres
    • > 400 Litres
  • Non-storage


Global electric water heater Market by Application

  • Residential
  • Commercial
  • Industrial

 

Global electric water heater Market by Region

  • North America
  • Europe
  • Asia Pacific
  • Middle East and Africa
  • South America

Companies Mentioned

  • A. O. Smith Corporation
  • Ariston Thermo Group SpA
  • Bajaj Electricals Ltd.
  • Bosch Group
  • Bradford White Corporation (BWC)
  • Haier Smart Home Co., Ltd.
  • Midea Group Co., Ltd.
  • Siemens AG
  • Viessmann Werke GmbH & Co. KG
  • Whirlpool Corporation

1.             Introduction

1.1       Scope of the Study

1.2       The Insight Partners Research Report Guidance

1.3       Market Segmentation

1.3.1        Global Electric Water Heater Market – By Product

1.3.2        Global Electric Water Heater Market – By Application

1.3.3        Global Electric Water Heater Market – By Geography

2.             Key Takeaways

3.             Research Methodology

3.1       Coverage

3.2       Secondary Research

3.3       Primary Research

4.             Electric Water Heater Market Landscape

4.1       Market Overview

4.2       PEST Analysis

4.2.1        North America – PEST Analysis

4.2.2        Europe PEST Analysis

4.2.3        APAC PEST Analysis

4.2.4        Middle East & Africa PEST Analysis

4.2.5        South America PEST Analysis

4.3       Ecosystem Analysis

5.             Electric Water Heater Market – Key Industry Dynamics

5.1       Key Market Drivers

5.1.1        Rising Urban Immigration In Developing Countries and Developed Nations

5.1.2        Stimulating Commercialization in Different Countries

5.2       Key Market Restraints

5.2.1        Demand for Renewable Sources for Water Heating

5.3       Key Market Opportunities

5.3.1        Accentuating Adoption of Electric Water Heaters in Developing Countries

5.4       Future Trends

5.4.1        Premiumization of Electric Water Heaters

5.5       Impact Analysis of Drivers and Restraints

6.             Electric Water Heater Market – Global Market Analysis

6.1       Global Electric Water Heater Market Overview

6.2       Global Electric Water Heater market Forecast and Analysis

6.3       Market Positioning- Top Five Players

7.             Electric Water Heater Market – By Product

7.1       Overview

7.2       Electric Water Heater Market Breakdown, by Product, 2018 and 2027

7.3       Storage

7.3.1        Overview

7.3.2        Storage Market Revenue and Forecasts to 2027 (US$ Mn)

7.3.3        < 30 Litres

7.3.3.1      Overview

7.3.3.2      < 30 Litres Market Revenue and Forecasts to 2027 (US$ Mn)

7.3.4 - 100 Litres

7.3.4.1      Overview

7.3.4.2 - 100 Litres Market Revenue and Forecasts to 2027 (US$ Mn)

7.3.5 - 250 Litres

7.3.5.1      Overview

7.3.5.2 - 250 Litres Market Revenue and Forecasts to 2027 (US$ Mn)

7.3.6 - 400 Litres

7.3.6.1      Overview

7.3.6.2 - 400 Litres Market Revenue and Forecasts to 2027 (US$ Mn)

7.3.7        > 400 Litres

7.3.7.1      Overview

7.3.7.2      > 400 Litres Market Revenue and Forecasts to 2027 (US$ Mn)

7.4       Non-Storage

7.4.1        Overview

7.4.2        Non-Storage Market Revenue and Forecasts to 2027 (US$ Mn)

8.             Electric Water Heater Market – By Application

8.1       Overview

8.2       Electric Water Heater Market Breakdown, by Application, 2018 & 2027

8.3       Residential

8.3.1        Overview

8.3.2        Residential Market Revenue and Forecasts to 2027 (US$ Mn)

8.4       Commercial

8.4.1        Overview

8.4.2        Commercial Market Revenue and Forecasts to 2027 (US$ Mn)

8.5       Industrial

8.5.1        Overview

8.5.2        Industrial Market Revenue and Forecasts to 2027 (US$ Mn)

9.             Global Electric Water Heater Market – Geographic Analysis

9.1       Overview

9.2       North America Electric Water Heater Market Revenue and Forecast To 2027

9.2.1        Overview

9.2.2        North America Electric Water Heater Market Revenue and Forecast To 2027 (US$ Mn)

9.2.3        North America Electric Water Heater Market Breakdown, By Product

9.2.4        North America Electric Water Heater Market Breakdown, By Application

9.2.5        North America Electric Water Heater Market Breakdown, By Country

9.2.5.1      US Electric Water Heater Market Revenue and Forecast To 2027 (US$ Mn)

9.2.5.1.1       US Electric Water Heater Market Breakdown, By Product

9.2.5.1.2       US Electric Water Heater Market Breakdown, By Storage Capacity

9.2.5.1.3       US Electric Water Heater Market Breakdown, By Application

9.2.5.2      Canada Electric Water Heater Market Revenue and Forecast To 2027 (US$ Mn)

9.2.5.2.1       Canada Electric Water Heater Market Breakdown, By Product

9.2.5.2.2       Canada Electric Water Heater Market Breakdown, By Storage Capacity

9.2.5.2.3       Canada Electric Water Heater Market Breakdown, By Application

9.2.5.3      Mexico Electric Water Heater Market Revenue and Forecast To 2027 (US$ Mn)

9.2.5.3.1       Mexico Electric Water Heater Market Breakdown, By Product

9.2.5.3.2       Mexico Electric Water Heater Market Breakdown, By Storage Capacity

9.2.5.3.3       Mexico Electric Water Heater Market Breakdown, By Application

9.3       Europe Electric Water Heater Market Revenue and Forecast To 2027

9.3.1        Overview

9.3.2        Europe Electric Water Heater Market Revenue and Forecast To 2027 (US$ Mn)

9.3.3        Europe Electric Water Heater Market Breakdown, By Product

9.3.4        Europe Electric Water Heater Market Breakdown, By Application

9.3.5        Europe Electric Water Heater Market Breakdown, By Country

9.3.5.1      Germany Electric Water Heater Market Revenue and Forecast To 2027 (US$ Mn)

9.3.5.1.1       Germany Electric Water Heater Market Breakdown, By Product

9.3.5.1.2       Germany Electric Water Heater Market Breakdown, By Storage Capacity

9.3.5.1.3       Germany Electric Water Heater Market Breakdown, By Application

9.3.5.2      UK Electric Water Heater Market Revenue and Forecast To 2027 (US$ Mn)

9.3.5.2.1       UK Electric Water Heater Market Breakdown, By Product

9.3.5.2.2       UK Electric Water Heater Market Breakdown, By Storage Capacity

9.3.5.2.3       UK Electric Water Heater Market Breakdown, By Application

9.3.5.3      France Electric Water Heater Market Revenue and Forecast To 2027 (US$ Mn)

9.3.5.3.1       France Electric Water Heater Market Breakdown, By Product

9.3.5.3.2       France Electric Water Heater Market Breakdown, By Storage Capacity

9.3.5.3.3       France Electric Water Heater Market Breakdown, By Application

9.3.5.4      Italy Electric Water Heater Market Revenue and Forecast To 2027 (US$ Mn)

9.3.5.4.1       Italy Electric Water Heater Market Breakdown, By Product

9.3.5.4.2       Italy Electric Water Heater Market Breakdown, By Storage Capacity

9.3.5.4.3       Italy Electric Water Heater Market Breakdown, By Application

9.3.5.5      Russia Electric Water Heater Market Revenue and Forecast To 2027 (US$ Mn)

9.3.5.5.1       Russia Electric Water Heater Market Breakdown, By Product

9.3.5.5.2       Russia Electric Water Heater Market Breakdown, By Storage Capacity

9.3.5.5.3       Russia Electric Water Heater Market Breakdown, By Application

9.3.5.6      Rest of Europe Electric Water Heater Market Revenue and Forecast To 2027 (US$ Mn)

9.3.5.6.1       Rest of Europe Electric Water Heater Market Breakdown, By Product

9.3.5.6.2       Rest of Europe Electric Water Heater Market Breakdown, By Storage Capacity

9.3.5.6.3       Rest of Europe Electric Water Heater Market Breakdown, By Application

9.4       APAC Electric Water Heater Market, Revenue and Forecast To 2027

9.4.1        Overview

9.4.2        APAC Electric Water Heater Market, Revenue and Forecast To 2027 (US$ Mn)

9.4.3        APAC Electric Water Heater Market Breakdown, By Product

9.4.4        APAC Electric Water Heater Market Breakdown, By Application

9.4.5        APAC Electric Water Heater Market Breakdown, By Country

9.4.5.1      Australia Electric Water Heater Market, Revenue and Forecast To 2027 (US$ Mn)

9.4.5.1.1       Australia Electric Water Heater Market Breakdown, By Product

9.4.5.1.2       Australia Electric Water Heater Market Breakdown, By Storage Capacity

9.4.5.1.3       Australia Electric Water Heater Market Breakdown, By Application

9.4.5.2      China Electric Water Heater Market, Revenue and Forecast To 2027 (US$ Mn)

9.4.5.2.1       China Electric Water Heater Market Breakdown, By Product

9.4.5.2.2       China Electric Water Heater Market Breakdown, By Storage Capacity

9.4.5.2.3       China Electric Water Heater Market Breakdown, By Application

9.4.5.3      Japan Electric Water Heater Market, Revenue and Forecast To 2027 (US$ Mn)

9.4.5.3.1       Japan Electric Water Heater Market Breakdown, By Product

9.4.5.3.2       Japan Electric Water Heater Market Breakdown, By Storage Capacity

9.4.5.3.3       Japan Electric Water Heater Market Breakdown, By Application

9.4.5.4      India Electric Water Heater Market, Revenue and Forecast To 2027 (US$ Mn)

9.4.5.4.1       India Electric Water Heater Market Breakdown, By Product

9.4.5.4.2       India Electric Water Heater Market Breakdown, By Storage Capacity

9.4.5.4.3       India Electric Water Heater Market Breakdown, By Application

9.4.5.5      South Korea Electric Water Heater Market, Revenue and Forecast To 2027 (US$ Mn)

9.4.5.5.1       South Korea Electric Water Heater Market Breakdown, By Product

9.4.5.5.2       South Korea Electric Water Heater Market Breakdown, By Storage Capacity

9.4.5.5.3       South Korea Electric Water Heater Market Breakdown, By Application

9.4.5.6      Rest of APAC Electric Water Heater Market, Revenue and Forecast To 2027 (US$ Mn)

9.4.5.6.1       Rest of APAC Electric Water Heater Market Breakdown, By Product

9.4.5.6.2       Rest of APAC Electric Water Heater Market Breakdown, By Storage Capacity

9.4.5.6.3       Rest of APAC Electric Water Heater Market Breakdown, By Application

9.5       MEA Electric Water Heater Market Revenue and Forecast To 2027

9.5.1        Overview

9.5.2        MEA Electric Water Heater Market Revenue and Forecast To 2027 (US$ Mn)

9.5.3        MEA Electric Water Heater Market Breakdown, By Product

9.5.4        MEA Electric Water Heater Market Breakdown, By Application

9.5.5        MEA Electric Water Heater Market Breakdown, By Country

9.5.5.1      UAE Electric Water Heater Market Revenue and Forecast To 2027 (US$ Mn)

9.5.5.1.1       UAE Electric Water Heater Market Breakdown, By Product

9.5.5.1.2       UAE Electric Water Heater Market Breakdown, By Storage Capacity

9.5.5.1.3       UAE Electric Water Heater Market Breakdown, By Application

9.5.5.2      Saudi Arabia Electric Water Heater Market Revenue and Forecast To 2027 (US$ Mn)

9.5.5.2.1       Saudi Arabia Electric Water Heater Market Breakdown, By Product

9.5.5.2.2       Saudi Arabia Electric Water Heater Market Breakdown, By Storage Capacity

9.5.5.2.3       Saudi Arabia Electric Water Heater Market Breakdown, By Application

9.5.5.3      South Africa Electric Water Heater Market Revenue and Forecast To 2027 (US$ Mn)

9.5.5.3.1       South Africa Electric Water Heater Market Breakdown, By Product

9.5.5.3.2       South Africa Electric Water Heater Market Breakdown, By Storage Capacity

9.5.5.3.3       South Africa Electric Water Heater Market Breakdown, By Application

9.5.5.4      Rest of MEA Electric Water Heater Market Revenue and Forecast To 2027 (US$ Mn)

9.5.5.4.1       Rest of MEA Electric Water Heater Market Breakdown, By Product

9.5.5.4.2       Rest of MEA Electric Water Heater Market Breakdown, By Storage Capacity

9.5.5.4.3       Rest of MEA Electric Water Heater Market Breakdown, By Application

9.6       SAM Electric Water Heater Market, Revenue and Forecast to 2027

9.6.1        Overview

9.6.2        SAM Electric Water Heater Market, Revenue and Forecast to 2027

9.6.3        SAM Electric Water Heater Market Breakdown, by Product

9.6.4        SAM Electric Water Heater Market Breakdown, by Application

9.6.5        SAM Electric Water Heater Market Breakdown, by Country

9.6.5.1      Brazil Electric Water Heater Market, Revenue and Forecast to 2027

9.6.5.1.1       Brazil Electric Water Heater Market Breakdown, by Product

9.6.5.1.2       Brazil Electric Water Heater Market Breakdown, by Application

9.6.5.2      Argentina Electric Water Heater Market, Revenue and Forecast to 2027

9.6.5.2.1       Argentina Electric Water Heater Market Breakdown, by Product

9.6.5.2.2       Argentina Electric Water Heater Market Breakdown, by Application

9.6.5.3      Rest of SAM Electric Water Heater Market, Revenue and Forecast to 2027

9.6.5.3.1       Rest of SAM Electric Water Heater Market Breakdown, by Product

9.6.5.3.2       Rest of SAM Electric Water Heater Market Breakdown, by Application

10.          Electric Water Heater Market - Industry Landscape

10.1    Overview

10.2    Market Initiative

10.3    Merger and Acquisition

10.4    New Development

11.          Electric Water Heater Market - Company Profiles

11.1    A. O. Smith Corporation

11.1.1     Key Facts

11.1.2     Business Description

11.1.3     Product and Services

11.1.4     Financial Overview

11.1.5     SWOT Analysis

11.1.6     Key Developments

11.2    Ariston Thermo Group SpA

11.2.1     Key Facts

11.2.2     Business Description

11.2.3     Product and Services

11.2.4     Financial Overview

11.2.5     SWOT Analysis

11.2.6     Key Developments

11.3    Bajaj Electricals Ltd

11.3.1     Key Facts

11.3.2     Business Description

11.3.3     Product and Services

11.3.4     Financial Overview

11.3.5     SWOT Analysis

11.3.6     Key Developments

11.4    Bosch Group

11.4.1     Key Facts

11.4.2     Business Description

11.4.3     Product and Services

11.4.4     Financial Overview

11.4.5     SWOT Analysis

11.4.6     Key Developments

11.5    Bradford White Corporation (BWC)

11.5.1     Key Facts

11.5.2     Business Description

11.5.3     Product and Services

11.5.4     Financial Overview

11.5.5     SWOT Analysis

11.5.6     Key Developments

11.6    Haier Smart Home Co., Ltd.

11.6.1     Key Facts

11.6.2     Business Description

11.6.3     Product and Services

11.6.4     Financial Overview

11.6.5     SWOT Analysis

11.6.6     Key Developments

11.7    Midea Group Co., Ltd.

11.7.1     Key Facts

11.7.2     Business Description

11.7.3     Product and Services

11.7.4     Financial Overview

11.7.5     SWOT Analysis

11.7.6     Key Developments

11.8    Siemens AG

11.8.1     Key Facts

11.8.2     Business Description

11.8.3     Product and Services

11.8.4     Financial Overview

11.8.5     SWOT Analysis

11.8.6     Key Developments

11.9    Viessmann Werke GmbH & Co. KG

11.9.1     Key Facts

11.9.2     Business Description

11.9.3     Product and Services

11.9.4     Financial Overview

11.9.5     SWOT Analysis

11.9.6     Key Developments

11.10 Whirlpool Corporation

11.10.1   Key Facts

11.10.2   Business Description

11.10.3   Products and Services

11.10.4

11.10.5   Financial Overview

11.10.6   SWOT Analysis

11.10.7   Key Developments

12.          Appendix

12.1    About The Insight Partners

12.2    Glossary of Terms


LIST OF TABLES

Table 1.            Global Electric Water Heater market, Revenue and Forecast to 2027 (US$ Mn)

Table 2.            Global Electric Water Heater Market Revenue and Forecast To 2027, By Geography  (US$ Mn)

Table 3.            North America Electric Water Heater Market Revenue and Forecast To 2027 – By Product (US$ Mn)

Table 4.            North America Electric Water Heater Market Revenue and Forecast To 2027 – By Storage Capacity (US$ Mn)

Table 5.            North America Electric Water Heater Market Revenue and Forecast To 2027 – By Application (US$ Mn)

Table 6.            North America Electric Water Heater Market Revenue and Forecast To 2027 – By Country (US$ Mn)

Table 7.            US Electric Water Heater Market Revenue and Forecast To 2027 – By Product (US$ Mn)

Table 8.            US Electric Water Heater Market Revenue and Forecast To 2027 – By Storage Capacity (US$ Mn)

Table 9.            US Electric Water Heater Market Revenue and Forecast To 2027 – By Application (US$ Mn)

Table 10.         Canada Electric Water Heater Market Revenue and Forecast To 2027 – By Product (US$ Mn)

Table 11.         Canada Electric Water Heater Market Revenue and Forecast To 2027 – By Storage Capacity (US$ Mn)

Table 12.         Canada Electric Water Heater Market Revenue and Forecast To 2027 – By Application (US$ Mn)

Table 13.         Mexico Electric Water Heater Market Revenue and Forecast To 2027 – By Product (US$ Mn)

Table 14.         Mexico Electric Water Heater Market Revenue and Forecast To 2027 – By Storage Capacity (US$ Mn)

Table 15.         Mexico Electric Water Heater Market Revenue and Forecast To 2027 – By Application (US$ Mn)

Table 16.         Europe Electric Water Heater Market Revenue and Forecast To 2027 – By Product (US$ Mn)

Table 17.         Europe Electric Water Heater Market Revenue and Forecast To 2027 – By Storage Capacity (US$ Mn)

Table 18.         Europe Electric Water Heater Market Revenue and Forecast To 2027 – By Application (US$ Mn)

Table 19.         Germany Electric Water Heater Market Revenue and Forecast To 2027 – By Product (US$ Mn)

Table 20.         Germany Electric Water Heater Market Revenue and Forecast To 2027 – By Storage Capacity (US$ Mn)

Table 21.         Germany Electric Water Heater Market Revenue and Forecast To 2027 – By Application (US$ Mn)

Table 22.         UK Electric Water Heater Market Revenue and Forecast To 2027 – By Product (US$ Mn)

Table 23.         UK Electric Water Heater Market Revenue and Forecast To 2027 – By Storage Capacity (US$ Mn)

Table 24.         UK Electric Water Heater Market Revenue and Forecast To 2027 – By Application (US$ Mn)

Table 25.         France Electric Water Heater Market Revenue and Forecast To 2027 – By Product (US$ Mn)

Table 26.         France Electric Water Heater Market Revenue and Forecast To 2027 – By Storage Capacity (US$ Mn)

Table 27.         France Electric Water Heater Market Revenue and Forecast To 2027 – By Application (US$ Mn)

Table 28.         Italy Electric Water Heater Market Revenue and Forecast To 2027 – By Product (US$ Mn)

Table 29.         Italy Electric Water Heater Market Revenue and Forecast To 2027 – By Storage Capacity (US$ Mn)

Table 30.         Italy Electric Water Heater Market Revenue and Forecast To 2027 – By Application (US$ Mn)

Table 31.         Russia Electric Water Heater Market Revenue and Forecast To 2027 – By Product (US$ Mn)

Table 32.         Russia Electric Water Heater Market Revenue and Forecast To 2027 – By Storage Capacity (US$ Mn)

Table 33.         Russia Electric Water Heater Market Revenue and Forecast To 2027 – By Application (US$ Mn)

Table 34.         Rest of Europe Electric Water Heater Market Revenue and Forecast To 2027 – By Product (US$ Mn)

Table 35.         Rest of Europe Electric Water Heater Market Revenue and Forecast To 2027 – By Storage Capacity (US$ Mn)

Table 36.         Rest of Europe Electric Water Heater Market Revenue and Forecast To 2027 – By Application (US$ Mn)

Table 37.         APAC Electric Water Heater Market Revenue and Forecast To 2027 – By Product (US$ Mn)

Table 38.         APAC Electric Water Heater Market Revenue and Forecast To 2027 – By Storage Capacity (US$ Mn)

Table 39.         APAC Electric Water Heater Market Revenue and Forecast To 2027 – By Application (US$ Mn)

Table 40.         Australia Electric Water Heater Market Revenue and Forecast To 2027 – By Product (US$ Mn)

Table 41.         Australia Electric Water Heater Market Revenue and Forecast To 2027 – By Storage Capacity (US$ Mn)

Table 42.         Australia Electric Water Heater Market Revenue and Forecast To 2027 – By Application (US$ Mn)

Table 43.         China Electric Water Heater Market Revenue and Forecast To 2027 – By Product (US$ Mn)

Table 44.         China Electric Water Heater Market Revenue and Forecast To 2027 – By Storage Capacity (US$ Mn)

Table 45.         China Electric Water Heater Market Revenue and Forecast To 2027 – By Application (US$ Mn)

Table 46.         Japan Electric Water Heater Market Revenue and Forecast To 2027 – By Product (US$ Mn)

Table 47.         Japan Electric Water Heater Market Revenue and Forecast To 2027 – By Storage Capacity (US$ Mn)

Table 48.         Japan Electric Water Heater Market Revenue and Forecast To 2027 – By Application (US$ Mn)

Table 49.         India Electric Water Heater Market Revenue and Forecast To 2027 – By Product (US$ Mn)

Table 50.         India Electric Water Heater Market Revenue and Forecast To 2027 – By Storage Capacity (US$ Mn)

Table 51.         India Electric Water Heater Market Revenue and Forecast To 2027 – By Application (US$ Mn)

Table 52.         South Korea Electric Water Heater Market Revenue and Forecast To 2027 – By Product (US$ Mn)

Table 53.         South Korea Electric Water Heater Market Revenue and Forecast To 2027 – By Storage Capacity (US$ Mn)

Table 54.         South Korea Electric Water Heater Market Revenue and Forecast To 2027 – By Application (US$ Mn)

Table 55.         Rest of APAC Electric Water Heater Market Revenue and Forecast To 2027 – By Product (US$ Mn)

Table 56.         Rest of APAC Electric Water Heater Market Revenue and Forecast To 2027 – By Storage Capacity (US$ Mn)

Table 57.         Rest of APAC Electric Water Heater Market Revenue and Forecast To 2027 – By Application (US$ Mn)

Table 58.         MEA Electric Water Heater Market Revenue and Forecast To 2027 – By Product (US$ Mn)

Table 59.         MEA Electric Water Heater Market Revenue and Forecast To 2027 – By Storage Capacity (US$ Mn)

Table 60.         MEA Electric Water Heater Market Revenue and Forecast To 2027 – By Application (US$ Mn)

Table 61.         UAE Electric Water Heater Market Revenue and Forecast To 2027 – By Product (US$ Mn)

Table 62.         UAE Electric Water Heater Market Revenue and Forecast To 2027 – By Storage Capacity (US$ Mn)

Table 63.         UAE Electric Water Heater Market Revenue and Forecast To 2027 – By Application (US$ Mn)

Table 64.         Saudi Arabia Electric Water Heater Market Revenue and Forecast To 2027 – By Product (US$ Mn)

Table 65.         Saudi Arabia Electric Water Heater Market Revenue and Forecast To 2027 – By Storage Capacity (US$ Mn)

Table 66.         Saudi Arabia Electric Water Heater Market Revenue and Forecast To 2027 – By Application (US$ Mn)

Table 67.         South Africa Electric Water Heater Market Revenue and Forecast To 2027 – By Product (US$ Mn)

Table 68.         South Africa Electric Water Heater Market Revenue and Forecast To 2027 – By Storage Capacity (US$ Mn)

Table 69.         South Africa Electric Water Heater Market Revenue and Forecast To 2027 – By Application (US$ Mn)

Table 70.         Rest of MEA Electric Water Heater Market Revenue and Forecast To 2027 – By Product (US$ Mn)

Table 71.         Rest of MEA Electric Water Heater Market Revenue and Forecast To 2027 – By Storage Capacity (US$ Mn)

Table 72.         Rest of MEA Electric Water Heater Market Revenue and Forecast To 2027 – By Application (US$ Mn)

Table 73.         SAM Electric Water Heater Market, Revenue and Forecast to 2027 – By Product (US$ Mn)

Table 74.         SAM Electric Water Heater Market, Revenue and Forecast to 2027 – By Storage Capacity (US$ Mn)

Table 75.         SAM Electric Water Heater Market, Revenue and Forecast to 2027 – By Application (US$ Mn)

Table 76.         Brazil Electric Water Heater Market, Revenue and Forecast to 2027 – By Product (US$ Mn)

Table 77.         Brazil Electric Water Heater Market, Revenue and Forecast to 2027 – By Storage Capacity (US$ Mn)

Table 78.         Brazil Electric Water Heater Market, Revenue and Forecast to 2027 – By Application (US$ Mn)

Table 79.         Argentina Electric Water Heater Market, Revenue and Forecast to 2027 – By Product (US$ Mn)

Table 80.         Argentina Electric Water Heater Market, Revenue and Forecast to 2027 – By Storage Capacity (US$ Mn)

Table 81.         Argentina Electric Water Heater Market, Revenue and Forecast to 2027 – By Application (US$ Mn)

Table 82.         Rest of SAM Electric Water Heater Market, Revenue and Forecast to 2027 – By Product (US$ Mn)

Table 83.         Rest of SAM Electric Water Heater Market, Revenue and Forecast to 2027 – By Storage Capacity (US$ Mn)

Table 84.         Rest of SAM Electric Water Heater Market, Revenue and Forecast to 2027 – By Application (US$ Mn)

Table 85.         Glossary of Term: Electric Water Heater Market


LIST OF FIGURES

Figure 1.          Electric Water Heater Market Segmentation

Figure 2.          Electric Water Heater Market Segmentation - Geography

Figure 3.          Electric Water Heater Market, by Application

Figure 4.          Electric Water Heater Market, by Geography

Figure 5.          Electric Water Heater Market Overview

Figure 6.          Electric Water Heater Market : Competition Landscape

Figure 7.          North America – PEST Analysis

Figure 8.          Europe PEST Analysis

Figure 9.          APAC PEST Analysis

Figure 10.       Middle East & Africa PEST Analysis

Figure 11.       South America PEST Analysis

Figure 12.       Electric Water Heater Market Ecosystem Analysis

Figure 13.       North America Urban Population Percentage by Countries, 2018

Figure 14.       Europe Urban Population Percentage by Countries, 2018

Figure 15.       Asia Pacific Urban Population Percentage by Countries, 2018

Figure 16.       Middle East and Africa Urban Population Percentage by Countries, 2018

Figure 17.       South America Urban Population Percentage by Countries, 2018

Figure 18.       Electric Water Heater Market Impact Analysis of Drivers and Restraints

Figure 19.       Global Electric Water Heater Market- Geographical Analysis

Figure 20.       Global Electric Water Heater market Forecast and Analysis, (US$ Mn)

Figure 21.       Electric Water Heater Market Breakdown, by Product, 2018 and 2027 (%)

Figure 22.       Storage Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 23.       < 30 Liters Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 24.       - 100 Litres Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 25.       - 250 Litres Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 26.       - 400 Litres Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 27.       > 400 Litres Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 28.       Non-Storage Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 29.       Electric Water Heater Market Breakdown, by Application, 2018 & 2027 (%)

Figure 30.       Residential Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 31.       Commercial Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 32.       Industrial Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 33.       Global Electric Water Heater Market Breakdown, By Region, 2018 and 2027 (%)

Figure 34.       North America Electric Water Heater Market Revenue and Forecast To 2027 (US$ Mn)

Figure 35.       North America Electric Water Heater Market Breakdown, By Product, 2018 and 2027 (%)

Figure 36.       North America Electric Water Heater Market Breakdown, By Application, 2018 and 2027 (%)

Figure 37.       North America Electric Water Heater Market Breakdown, By Country, 2018 and 2027(%)

Figure 38.       US Electric Water Heater Market Revenue and Forecast To 2027 (US$ Mn)

Figure 39.       Canada Electric Water Heater Market Revenue and Forecast To 2027 (US$ Mn)

Figure 40.       Mexico Electric Water Heater Market Revenue and Forecast To 2027 (US$ Mn)

Figure 41.       Europe Electric Water Heater Market Revenue and Forecast To 2027 (US$ Mn)

Figure 42.       Europe Electric Water Heater Market Breakdown, By Product, 2018 and 2027 (%)

Figure 43.       Europe Electric Water Heater Market Breakdown, By Application, 2018 and 2027 (%)

Figure 44.       Europe Electric Water Heater Market Breakdown, By Country, 2018 & 2027(%)

Figure 45.       Germany Electric Water Heater Market Revenue and Forecast To 2027 (US$ Mn)

Figure 46.       UK Electric Water Heater Market Revenue and Forecast To 2027 (US$ Mn)

Figure 47.       France Electric Water Heater Market Revenue and Forecast To 2027 (US$ Mn)

Figure 48.       Italy Electric Water Heater Market Revenue and Forecast To 2027 (US$ Mn)

Figure 49.       Russia Electric Water Heater Market Revenue and Forecast To 2027 (US$ Mn)

Figure 50.       Rest of Europe Electric Water Heater Market Revenue and Forecast To 2027 (US$ Mn)

Figure 51.       APAC Electric Water Heater Market, Revenue and Forecast To 2027 (US$ Mn)

Figure 52.       APAC Electric Water Heater Market Breakdown, By Product, 2018 and 2027 (%)

Figure 53.       APAC Electric Water Heater Market Breakdown, By Application, 2018 and 2027 (%)

Figure 54.       APAC Electric Water Heater Market Breakdown, By Country, 2018 & 2027(%)

Figure 55.       Australia Electric Water Heater Market, Revenue and Forecast To 2027 (US$ Mn)

Figure 56.       China Electric Water Heater Market, Revenue and Forecast To 2027 (US$ Mn)

Figure 57.       Japan Electric Water Heater Market, Revenue and Forecast To 2027 (US$ Mn)

Figure 58.       India Electric Water Heater Market, Revenue and Forecast To 2027 (US$ Mn)

Figure 59.       South Korea Electric Water Heater Market, Revenue and Forecast To 2027 (US$ Mn)

Figure 60.       Rest of APAC Electric Water Heater Market, Revenue and Forecast To 2027 (US$ Mn)

Figure 61.       MEA Electric Water Heater Market Revenue and Forecast To 2027 (US$ Mn)

Figure 62.       MEA Electric Water Heater Market Breakdown, By Product, 2018 and 2027 (%)

Figure 63.       MEA Electric Water Heater Market Breakdown, By Application, 2018 and 2027 (%)

Figure 64.       MEA Electric Water Heater Market Breakdown, By Country, 2018 & 2027(%)

Figure 65.       UAE Electric Water Heater Market Revenue and Forecast To 2027 (US$ Mn)

Figure 66.       Saudi Arabia Electric Water Heater Market Revenue and Forecast To 2027 (US$ Mn)

Figure 67.       South Africa Water Heater Market Revenue and Forecast To 2027 (US$ Mn)

Figure 68.       Rest of MEA Electric Water Heater Market Revenue and Forecast To 2027 (US$ Mn)

Figure 69.       SAM Electric Water Heater Market, Revenue and Forecast, 2018–2027 (US$ Mn)

Figure 70.       SAM Electric Water Heater Market Breakdown, by Product, 2018 & 2027 (% Share)

Figure 71.       SAM Electric Water Heater Market Breakdown, by Application, 2018 & 2027 (% Share)

Figure 72.       SAM Electric Water Heater Market Breakdown, by Country, 2018 & 2027 (% Share)

Figure 73.       Brazil Electric Water Heater Market, Revenue and Forecast, 2018–2027 (US$ Mn)

Figure 74.       Argentina Electric Water Heater Market, Revenue and Forecast, 2018–2027 (US$ Mn)

Figure 75.       Rest of SAM Electric Water Heater Market, Revenue and Forecast, 2018–2027 (US$ Mn)

 

The List of Companies

  1. AO Smith Corporation
  2. Ariston Thermo S.p.A
  3. Bajaj Electricals Ltd.
  4. Bradford White Corp.
  5. Whirlpool Corporation
  6. Haier Inc.
  7. Midea Group
  8. Bosch Thermotechnology
  9. Siemens AG
  10. Viesmann Group
  • Highlights key business priorities in order to assist companies to realign their business strategies.

  • The key findings and recommendations highlight crucial progressive industry trends in the electric water heater market, thereby allowing players to develop effective long term strategies.

  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.

  • Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.

  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to product, capacity, application.
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Frequently Asked Questions

In the region, swift development of infrastructure of various residential, commercial, and industrial units is driving the APAC electric water heater market, and this would continue to drive in the coming ten years. The building construction investment by respective state government authorities would positively optimize the business outlook; the rising demand for electric water heaters, both storage as well as non-storage, would also augment the industry landscape.

Increasing construction activities and increase of the building infrastructure is driving the electric storage water heating demand across commercial establishments. Stringent government orders aiming to decrease the carbon footprint along with rising urbanization & commercialization would accelerate the demand for storage water heaters. Electric storage water heaters are used in various industrial applications for efficient heating. When it comes to efficiency and economy, electric storage water heaters are the best option in their category.

The demand for electric water heaters is expected to increase in the developing areas as the number of houses, hotels, commerce zones, shopping malls, hospitals, and industrial buildings in the developing countries is increasing, which is demanding electric water heaters. This is due to the fact that the count of each of the commercial spaces mentioned overhead is continuously growing, which is leading to the higher procurement rate of electric water heaters. Additionally, electricity in the developing countries are comparatively cheaper than the developed countries, the cost associated with gas filling in gas water heaters is omitted, and faster heating time on electric water heaters have attracted a significant percentage of urban population residing in the countries mentioned above. This parameter is foreseen to furnish the electric water heater market in the coming years.

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