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Market Research Report

Electric Water Heater Market 2020-2026

Published by Orion Market Research Pvt Ltd Product code 960126
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Electric Water Heater Market 2020-2026
Published: July 27, 2020 Content info:
Description

Global Electric Water Heater Market Size, Share & Trends Analysis Report by Product Type (Tankless Water Heater and Storage Water Heater), By Application (Residential, Commercial, and Industrial) and Forecast 2020-2026

The global electric water heater market is estimated to grow significantly during the forecast period. Extreme climatic conditions along with rising industrialization combinedly drive the demand for water heaters across the globe that further ac as a driving factor for the market. Moreover, the replacement of existing water heating systems with compact design and more efficient systems such as heat pump water heaters (HPWH), makes the deployment of water heaters inevitable in the commercial and industrial sector further provide significant opportunity to the market. However, the inclination towards energy efficient water heater such as solar water heater further projected to hinder the market growth during the forecast period.

The global market for electric water heater is further classified on the basis of product type and application. Based on the product type, the market is further classified into tankless water heater and storage water heater. The tankless water heater segment is projected to have significant CAGR in the global electric water heater market. Tankless water heaters are compact units that provide hot water as needed, without storing it as conventional tank-type water heaters. These water heaters significantly reduce standby losses, which in turn, makes them an energy-efficient substitute to conventional water heaters. On the basis of application the market is further segregated into residential, commercial, and industrial. Based on geography, the global electric water heater market is further segregated into North America, Europe, Asia-Pacific and the Rest of the World. Among, region Asia-Pacific is projected to have a considerable share in the global electric water heater market.

The companies which are contributing to the growth of the global electric water heater market include A.O. Smith Corp., Bajaj Electricals Ltd., Haier electronics group Co., Ltd., Havells India Ltd., General Electric Co., and others. Product launch, merger, and acquisition, collaborations with government, and technological advancements through which market players are considerably contributing to the market growth to stay competitive in the market.

Research Methodology

The market study of the global electric water heater market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.

Secondary Sources Include:

  • Financial reports of companies involved in the market.
  • Whitepapers, research-papers, and news blogs.
  • Company websites and their product catalog.

The report is intended for electric water heater providers, end-user companies for overall market analysis, and competitive analysis. The report provides an in-depth analysis of pricing, market size, intended quality of the product preferred by consumers. The report will serve as a source for 360-degree analysis of the market thoroughly integrating different models delivering insights into the market for better business decisions.

Market Segmentation

1. Global Electric Water Heater Market Research and Analysis by Product Type

2. Global Electric Water Heater Market Research and Analysis by Application

The Report Covers:

  • Comprehensive research methodology of the global electric water heater market.
  • This report also includes a detailed and extensive market overview with key analyst insights.
  • An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
  • Analysis of regional regulations and other government policies impacting the global electric water heater market.
  • Insights about market determinants which are stimulating the global electric water heater market.
  • Detailed and extensive market segments with regional distribution of forecasted revenues.
  • Extensive profiles and recent developments of market players.
Table of Contents
Product Code: OMR2022093

Table of Contents

1. Report Summary

  • 1.1. Research Methods and Tools
  • 1.2. Market Breakdown
    • 1.2.1. By Segments
    • 1.2.2. By Geography

2. Market Overview and Insights

  • 2.1. Scope of the Report
  • 2.2. Analyst Insight & Current Market Trends
    • 2.2.1. Key Findings
    • 2.2.2. Recommendations
    • 2.2.3. Conclusion
  • 2.3. Rules & Regulations

3. Competitive Landscape

  • 3.1. Company Share Analysis
  • 3.2. Key Strategy Analysis
  • 3.3. Key Company Analysis
    • 3.3.1. A.O. Smith Corp.
      • 3.3.1.1. Overview
      • 3.3.1.2. Financial Analysis
      • 3.3.1.3. SWOT Analysis
      • 3.3.1.4. Recent Developments
    • 3.3.2. Bajaj Electricals Ltd.
      • 3.3.2.1. Overview
      • 3.3.2.2. Financial Analysis
      • 3.3.2.3. SWOT Analysis
      • 3.3.2.4. Recent Developments
    • 3.3.3. Haier electronics group Co., Ltd.
      • 3.3.3.1. Overview
      • 3.3.3.2. Financial Analysis
      • 3.3.3.3. SWOT Analysis
      • 3.3.3.4. Recent Developments
    • 3.3.4. Havells India Ltd.
      • 3.3.4.1. Overview
      • 3.3.4.2. Financial Analysis
      • 3.3.4.3. SWOT Analysis
      • 3.3.4.4. Recent Developments
    • 3.3.5. General Electric Co.
      • 3.3.5.1. Overview
      • 3.3.5.2. Financial Analysis
      • 3.3.5.3. SWOT Analysis
      • 3.3.5.4. Recent Developments

4. Market Determinants

  • 4.1. Motivators
  • 4.2. Restraints
  • 4.3. Opportunities

5. Market Segmentation

  • 5.1. Global Electric Water Heater Market by Product Type
    • 5.1.1. Tankless Water Heater
    • 5.1.2. Storage Water Heater
  • 5.2. Global Electric Water Heater Market by Application
    • 5.2.1. Residential
    • 5.2.2. Commercial
    • 5.2.3. Industrial

6. Regional Analysis

  • 6.1. North America
    • 6.1.1. United States
    • 6.1.2. Canada
  • 6.2. Europe
    • 6.2.1. UK
    • 6.2.2. Germany
    • 6.2.3. Italy
    • 6.2.4. Spain
    • 6.2.5. France
    • 6.2.6. Rest of Europe
  • 6.3. Asia-Pacific
    • 6.3.1. China
    • 6.3.2. India
    • 6.3.3. Japan
    • 6.3.4. Rest of Asia-Pacific
  • 6.4. Rest of the World

7. Company Profiles

  • 7.1. A.O. Smith Corp.
  • 7.2. Ariston Thermo SpA
  • 7.3. ATC Electrical and Mechanical, Ltd.
  • 7.4. Bajaj Electricals Ltd.
  • 7.5. Bandini Scaldabagni SpA
  • 7.6. Bradford White Corp.
  • 7.7. Crompton Greaves Consumer Electricals Ltd.
  • 7.8. General Electric Co.
  • 7.9. Haier electronics group Co., Ltd.
  • 7.10. HTP Comfort Solutions LLC
  • 7.11. Havells India Ltd.
  • 7.12. Hangzhou Kangquan Water Heater Co., Ltd.
  • 7.13. Hubbell Electric Heater Co.
  • 7.14. Marey Heater Corp
  • 7.15. Robert Bosch GmbH
  • 7.16. Rheem Manufacturing Company, Inc.
  • 7.17. Racold Thermo Pvt. Ltd.
  • 7.18. Stiebel Eltron, Inc.
  • 7.19. Transform Holdco LLC (Kenmore)
  • 7.20. Venus Home Appliances (P) Ltd.

LIST OF TABLES

  • 1. GLOBAL ELECTRIC WATER HEATER MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2019-2026 ($ MILLION)
  • 2. GLOBAL TANKLESS WATER HEATER MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
  • 3. GLOBAL STORAGE WATER HEATER MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
  • 4. GLOBAL ELECTRIC WATER HEATER MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2019-2026 ($ MILLION)
  • 5. GLOBAL ELECTRIC WATER HEATER IN RESIDENTIAL MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
  • 6. GLOBAL ELECTRIC WATER HEATER IN COMMERCIAL MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
  • 7. GLOBAL ELECTRIC WATER HEATER IN INDUSTRIAL MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
  • 8. GLOBAL ELECTRIC WATER HEATER MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2019-2026 ($ MILLION)
  • 9. NORTH AMERICAN ELECTRIC WATER HEATER MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
  • 10. NORTH AMERICAN ELECTRIC WATER HEATER MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2019-2026 ($ MILLION)
  • 11. NORTH AMERICAN ELECTRIC WATER HEATER MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2019-2026 ($ MILLION)
  • 12. EUROPEAN ELECTRIC WATER HEATER MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
  • 13. EUROPEAN ELECTRIC WATER HEATER MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2019-2026 ($ MILLION)
  • 14. EUROPEAN ELECTRIC WATER HEATER MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2019-2026 ($ MILLION)
  • 15. ASIA-PACIFIC ELECTRIC WATER HEATER MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
  • 16. ASIA-PACIFIC ELECTRIC WATER HEATER MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2019-2026 ($ MILLION)
  • 17. ASIA-PACIFIC ELECTRIC WATER HEATER MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2019-2026 ($ MILLION)
  • 18. REST OF THE WORLD ELECTRIC WATER HEATER MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2019-2026 ($ MILLION)
  • 19. REST OF THE WORLD ELECTRIC WATER HEATER MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2019-2026 ($ MILLION)

LIST OF FIGURES

  • 1. GLOBAL ELECTRIC WATER HEATER MARKET SHARE BY PRODUCT TYPE, 2019 VS 2026 (%)
  • 2. GLOBAL ELECTRIC WATER HEATER MARKET SHARE BY APPLICATION, 2019 VS 2026 (%)
  • 3. GLOBAL ELECTRIC WATER HEATER MARKET SHARE BY GEOGRAPHY, 2019 VS 2026 (%)
  • 4. US ELECTRIC WATER HEATER MARKET SIZE, 2019-2026 ($ MILLION)
  • 5. CANADA ELECTRIC WATER HEATER MARKET SIZE, 2019-2026 ($ MILLION)
  • 6. UK ELECTRIC WATER HEATER MARKET SIZE, 2019-2026 ($ MILLION)
  • 7. FRANCE ELECTRIC WATER HEATER MARKET SIZE, 2019-2026 ($ MILLION)
  • 8. GERMANY ELECTRIC WATER HEATER MARKET SIZE, 2019-2026 ($ MILLION)
  • 9. ITALY ELECTRIC WATER HEATER MARKET SIZE, 2019-2026 ($ MILLION)
  • 10. SPAIN ELECTRIC WATER HEATER MARKET SIZE, 2019-2026 ($ MILLION)
  • 11. ROE ELECTRIC WATER HEATER MARKET SIZE, 2019-2026 ($ MILLION)
  • 12. INDIA ELECTRIC WATER HEATER MARKET SIZE, 2019-2026 ($ MILLION)
  • 13. CHINA ELECTRIC WATER HEATER MARKET SIZE, 2019-2026 ($ MILLION)
  • 14. JAPAN ELECTRIC WATER HEATER MARKET SIZE, 2019-2026 ($ MILLION)
  • 15. REST OF ASIA-PACIFIC ELECTRIC WATER HEATER MARKET SIZE, 2019-2026 ($ MILLION)
  • 16. REST OF THE WORLD ELECTRIC WATER HEATER MARKET SIZE, 2019-2026 ($ MILLION)
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