Electric Water Heaters Market

The global Electric Water Heaters market was valued at US$ 18960 million in 2022 and is projected to reach US$ 28570 million by 2029, at a CAGR of 6.0% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

Electric Water Heaters refers to electricity as an energy source for heating water heater.

Electric Water Heaters Market aims to provide a comprehensive presentation of the global market for Electric Water Heaters, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Electric Water Heaters. Electric Water Heaters Market contains market size and forecasts of Electric Water Heaters in global, including the following market information:

Global Electric Water Heaters Market Revenue, 2018-2023, 2024-2030, ($ millions)

Global Electric Water Heaters Market Sales, 2018-2023, 2024-2030, (K Units)

Global top five Electric Water Heaters companies in 2022 (%)

Increasing government initiatives to improve rural infrastructure and uninterrupted electricity availability in these areas is expected to provide new opportunities to market growth.

We surveyed the Electric Water Heaters manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

• Storage
• Non-storage

• Commercial
• Residential

• North America
• US
• Canada
• Mexico
• Europe
• Germany
• France
• U.K.
• Italy
• Russia
• Nordic Countries
• Benelux
• Rest of Europe
• Asia
• China
• Japan
• South Korea
• Southeast Asia
• India
• Rest of Asia
• South America
• Brazil
• Argentina
• Rest of South America
• Middle East & Africa
• Turkey
• Israel
• Saudi Arabia
• UAE
• Rest of Middle East & Africa

• Key companies Electric Water Heaters revenues in global market, 2018-2023 (Estimated), ($ millions)
• Key companies Electric Water Heaters revenues share in global market, 2022 (%)
• Key companies Electric Water Heaters sales in global market, 2018-2023 (Estimated), (K Units)
• Key companies Electric Water Heaters sales share in global market, 2022 (%)

• 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

Chapter 1: Introduces the definition of Electric Water Heaters, market overview.

Chapter 2: Global Electric Water Heaters market size in revenue and volume.

Chapter 3: Detailed analysis of Electric Water Heaters manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by 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 6: Sales of Electric Water Heaters in regional level and country level. It 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 of each country in the world.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: Global Electric Water Heaters capacity by region & country.

Chapter 9: Introduces the market dynamics, 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 10: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 11: The main points and conclusions of the report.