Global Electric Water Heaters Market Emerging Trends, Technological Advancements, and Business Strategies (2024-2030)

The Global Electric Water Heaters Market was valued at US$ 15.82 billion in 2024 and is projected to reach US$ 24.6 billion by 2030, at a CAGR of 7.6% during the forecast period 2024-2030.

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The Global Electric Water Heaters Market was valued at US$ 15.82 billion in 2024 and is projected to reach US$ 24.6 billion by 2030, at a CAGR of 7.6% during the forecast period 2024-2030.

The United States Electric Water Heaters Market was valued at US$ 4.25 billion in 2024 and is projected to reach US$ 6.85 billion by 2030, at a CAGR of 8.3% during the forecast period 2024-2030.

Electric water heaters are devices that use electricity to heat water for residential, commercial, or industrial purposes. They typically consist of a tank that stores water and an electric heating element that raises the water temperature to the desired level. These heaters are commonly used for hot water in bathrooms, kitchens, and heating systems.

Appliances that heat water using electrical resistance elements or heat pump technology for residential and commercial applications.

Residential sector dominated with 62% of 24.5 million units shipped. Energy efficiency ratings improved 35%. Smart connectivity adoption reached 28%. Heat pump technology grew 48%. Manufacturing automation increased 42%. Warranty claims reduced 25%. Commercial installations expanded 38%. Safety compliance achieved 99.8%.

Report Overview
Electric Water Heaters refers to electricity as an energy source for heating water heater.
This report provides a deep insight into the global 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, 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 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 Electric Water Heaters market in any manner.
Global 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

  • 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
Market Segmentation (by Type)
  • Storage
  • Non-storage
Market Segmentation (by Application)
  • Commercial
  • Residential
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 Electric Water Heaters Market
  • Overview of the regional outlook of the 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 Porters 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
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Drivers

  1. Growing Demand for Efficient Heating Solutions: As consumer awareness about energy conservation rises, electric water heaters are becoming more popular due to their energy efficiency compared to traditional heating systems. With advancements in insulation and thermostat technologies, modern electric heaters consume less power and offer better performance, making them a preferred choice.
  2. Urbanization and Infrastructure Development: With the rapid pace of urbanization, the demand for electric water heaters has increased in both residential and commercial sectors. As cities expand, new residential and commercial buildings often require electric water heaters for quick and reliable hot water solutions.
  3. Government Regulations and Incentives: Many governments are promoting the adoption of energy-efficient appliances through rebates, tax incentives, and regulations aimed at reducing carbon footprints. This has spurred the demand for electric water heaters, which are considered more environmentally friendly than gas-powered models.
  4. Convenience and Safety: Electric water heaters are often easier to install and maintain than their gas counterparts. They offer improved safety features, such as automatic shut-off mechanisms, making them attractive for consumers prioritizing convenience and safety in their households.

Restraints

  1. High Initial Costs: Despite their energy efficiency, electric water heaters often come with a higher initial purchase and installation cost, especially when compared to conventional gas water heaters. This can be a barrier for price-sensitive consumers, particularly in emerging markets where affordability is a concern.
  2. Dependency on Electricity Supply: Electric water heaters are dependent on a stable electricity supply. In regions with frequent power outages or insufficient electricity infrastructure, the performance of electric water heaters can be severely limited, reducing their appeal.
  3. Limited Capacity for Large Households: For larger households or commercial establishments, electric water heaters may struggle to meet the high demand for hot water. Larger units or multiple systems may be required, adding to installation complexity and cost.

Opportunities

  1. Technological Innovations: Continuous advancements in heating technology, such as smart water heaters with Wi-Fi connectivity, energy-efficient heat pump systems, and faster heating elements, present significant growth opportunities. These innovations can provide added convenience, lower energy consumption, and a higher degree of control for consumers.
  2. Growth in Emerging Markets: The increasing purchasing power and growing middle-class population in emerging markets such as Asia-Pacific, Africa, and Latin America provide a vast untapped market for electric water heaters. As urbanization continues, demand for home appliances, including electric water heaters, is expected to rise.
  3. Integration with Renewable Energy Sources: As the world transitions to renewable energy, electric water heaters can be integrated with solar power or wind energy systems. Solar water heaters, which are powered by electricity generated from solar panels, present a sustainable option for eco-conscious consumers. This integration allows for energy savings and reduced reliance on the grid.
  4. Expansion of Online Retail Channels: The increasing popularity of e-commerce platforms opens up new distribution channels for electric water heaters. Consumers can easily compare models, check reviews, and make informed purchasing decisions, which can drive market growth. Additionally, online platforms often provide attractive financing options, further encouraging adoption.

Challenges

  1. Energy Consumption in Some Models: While modern electric water heaters are designed to be energy-efficient, some older or lower-end models may still consume a significant amount of electricity. This can be a deterrent for consumers looking to reduce their overall energy bills, especially in regions where electricity costs are high.
  2. Environmental Impact of Electricity Generation: Although electric water heaters are more eco-friendly than gas models, they are still reliant on electricity, which in many regions is still generated from fossil fuels. This limits the full environmental benefits of electric water heaters unless the electricity is sourced from renewable energy.
  3. Competition from Alternative Heating Systems: The market faces competition from alternative water heating solutions, such as tankless water heaters, solar water heaters, and gas-powered units. Tankless water heaters, for example, offer on-demand heating without the need for a storage tank, which can be more energy-efficient for certain applications. Similarly, solar water heaters are an attractive eco-friendly option for many consumers, especially in regions with abundant sunlight.

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Table of Content

Table of Contents
1 Research Methodology and Statistical Scope
1.1 Market Definition and Statistical Scope of Electric Water Heaters
1.2 Key Market Segments
1.2.1 Electric Water Heaters Segment by Type
1.2.2 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 Electric Water Heaters Market Overview
2.1 Global Market Overview
2.1.1 Global Electric Water Heaters Market Size (M USD) Estimates and Forecasts (2019-2030)
2.1.2 Global Electric Water Heaters Sales Estimates and Forecasts (2019-2030)
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
3 Electric Water Heaters Market Competitive Landscape
3.1 Global Electric Water Heaters Sales by Manufacturers (2019-2024)
3.2 Global Electric Water Heaters Revenue Market Share by Manufacturers (2019-2024)
3.3 Electric Water Heaters Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.4 Global Electric Water Heaters Average Price by Manufacturers (2019-2024)
3.5 Manufacturers Electric Water Heaters Sales Sites, Area Served, Product Type
3.6 Electric Water Heaters Market Competitive Situation and Trends
3.6.1 Electric Water Heaters Market Concentration Rate
3.6.2 Global 5 and 10 Largest Electric Water Heaters Players Market Share by Revenue
3.6.3 Mergers & Acquisitions, Expansion
4 Electric Water Heaters Industry Chain Analysis
4.1 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 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 Electric Water Heaters Market Segmentation by Type
6.1 Evaluation Matrix of Segment Market Development Potential (Type)
6.2 Global Electric Water Heaters Sales Market Share by Type (2019-2024)
6.3 Global Electric Water Heaters Market Size Market Share by Type (2019-2024)
6.4 Global Electric Water Heaters Price by Type (2019-2024)
7 Electric Water Heaters Market Segmentation by Application
7.1 Evaluation Matrix of Segment Market Development Potential (Application)
7.2 Global Electric Water Heaters Market Sales by Application (2019-2024)
7.3 Global Electric Water Heaters Market Size (M USD) by Application (2019-2024)
7.4 Global Electric Water Heaters Sales Growth Rate by Application (2019-2024)
8 Electric Water Heaters Market Segmentation by Region
8.1 Global Electric Water Heaters Sales by Region
8.1.1 Global Electric Water Heaters Sales by Region
8.1.2 Global Electric Water Heaters Sales Market Share by Region
8.2 North America
8.2.1 North America 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 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 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 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 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 A.O. Smith
9.1.1 A.O. Smith Electric Water Heaters Basic Information
9.1.2 A.O. Smith Electric Water Heaters Product Overview
9.1.3 A.O. Smith Electric Water Heaters Product Market Performance
9.1.4 A.O. Smith Business Overview
9.1.5 A.O. Smith Electric Water Heaters SWOT Analysis
9.1.6 A.O. Smith Recent Developments
9.2 GE
9.2.1 GE Electric Water Heaters Basic Information
9.2.2 GE Electric Water Heaters Product Overview
9.2.3 GE Electric Water Heaters Product Market Performance
9.2.4 GE Business Overview
9.2.5 GE Electric Water Heaters SWOT Analysis
9.2.6 GE Recent Developments
9.3 Rheem Manufacturing
9.3.1 Rheem Manufacturing Electric Water Heaters Basic Information
9.3.2 Rheem Manufacturing Electric Water Heaters Product Overview
9.3.3 Rheem Manufacturing Electric Water Heaters Product Market Performance
9.3.4 Rheem Manufacturing Electric Water Heaters SWOT Analysis
9.3.5 Rheem Manufacturing Business Overview
9.3.6 Rheem Manufacturing Recent Developments
9.4 Siemens
9.4.1 Siemens Electric Water Heaters Basic Information
9.4.2 Siemens Electric Water Heaters Product Overview
9.4.3 Siemens Electric Water Heaters Product Market Performance
9.4.4 Siemens Business Overview
9.4.5 Siemens Recent Developments
9.5 Ariston Thermo
9.5.1 Ariston Thermo Electric Water Heaters Basic Information
9.5.2 Ariston Thermo Electric Water Heaters Product Overview
9.5.3 Ariston Thermo Electric Water Heaters Product Market Performance
9.5.4 Ariston Thermo Business Overview
9.5.5 Ariston Thermo Recent Developments
9.6 Bajaj Electricals
9.6.1 Bajaj Electricals Electric Water Heaters Basic Information
9.6.2 Bajaj Electricals Electric Water Heaters Product Overview
9.6.3 Bajaj Electricals Electric Water Heaters Product Market Performance
9.6.4 Bajaj Electricals Business Overview
9.6.5 Bajaj Electricals Recent Developments
9.7 Bradford White
9.7.1 Bradford White Electric Water Heaters Basic Information
9.7.2 Bradford White Electric Water Heaters Product Overview
9.7.3 Bradford White Electric Water Heaters Product Market Performance
9.7.4 Bradford White Business Overview
9.7.5 Bradford White Recent Developments
9.8 Crompton Greaves
9.8.1 Crompton Greaves Electric Water Heaters Basic Information
9.8.2 Crompton Greaves Electric Water Heaters Product Overview
9.8.3 Crompton Greaves Electric Water Heaters Product Market Performance
9.8.4 Crompton Greaves Business Overview
9.8.5 Crompton Greaves Recent Developments
9.9 ELDOMINVEST
9.9.1 ELDOMINVEST Electric Water Heaters Basic Information
9.9.2 ELDOMINVEST Electric Water Heaters Product Overview
9.9.3 ELDOMINVEST Electric Water Heaters Product Market Performance
9.9.4 ELDOMINVEST Business Overview
9.9.5 ELDOMINVEST Recent Developments
9.10 Ferroli
9.10.1 Ferroli Electric Water Heaters Basic Information
9.10.2 Ferroli Electric Water Heaters Product Overview
9.10.3 Ferroli Electric Water Heaters Product Market Performance
9.10.4 Ferroli Business Overview
9.10.5 Ferroli Recent Developments
9.11 Haier
9.11.1 Haier Electric Water Heaters Basic Information
9.11.2 Haier Electric Water Heaters Product Overview
9.11.3 Haier Electric Water Heaters Product Market Performance
9.11.4 Haier Business Overview
9.11.5 Haier Recent Developments
9.12 Hubbell
9.12.1 Hubbell Electric Water Heaters Basic Information
9.12.2 Hubbell Electric Water Heaters Product Overview
9.12.3 Hubbell Electric Water Heaters Product Market Performance
9.12.4 Hubbell Business Overview
9.12.5 Hubbell Recent Developments
9.13 Noritz
9.13.1 Noritz Electric Water Heaters Basic Information
9.13.2 Noritz Electric Water Heaters Product Overview
9.13.3 Noritz Electric Water Heaters Product Market Performance
9.13.4 Noritz Business Overview
9.13.5 Noritz Recent Developments
9.14 Vanward Electric
9.14.1 Vanward Electric Electric Water Heaters Basic Information
9.14.2 Vanward Electric Electric Water Heaters Product Overview
9.14.3 Vanward Electric Electric Water Heaters Product Market Performance
9.14.4 Vanward Electric Business Overview
9.14.5 Vanward Electric Recent Developments
9.15 Stiebel Eltron
9.15.1 Stiebel Eltron Electric Water Heaters Basic Information
9.15.2 Stiebel Eltron Electric Water Heaters Product Overview
9.15.3 Stiebel Eltron Electric Water Heaters Product Market Performance
9.15.4 Stiebel Eltron Business Overview
9.15.5 Stiebel Eltron Recent Developments
9.16 Bosch
9.16.1 Bosch Electric Water Heaters Basic Information
9.16.2 Bosch Electric Water Heaters Product Overview
9.16.3 Bosch Electric Water Heaters Product Market Performance
9.16.4 Bosch Business Overview
9.16.5 Bosch Recent Developments
9.17 Eemax
9.17.1 Eemax Electric Water Heaters Basic Information
9.17.2 Eemax Electric Water Heaters Product Overview
9.17.3 Eemax Electric Water Heaters Product Market Performance
9.17.4 Eemax Business Overview
9.17.5 Eemax Recent Developments
9.18 Atmor
9.18.1 Atmor Electric Water Heaters Basic Information
9.18.2 Atmor Electric Water Heaters Product Overview
9.18.3 Atmor Electric Water Heaters Product Market Performance
9.18.4 Atmor Business Overview
9.18.5 Atmor Recent Developments
9.19 Eccotemp Systems
9.19.1 Eccotemp Systems Electric Water Heaters Basic Information
9.19.2 Eccotemp Systems Electric Water Heaters Product Overview
9.19.3 Eccotemp Systems Electric Water Heaters Product Market Performance
9.19.4 Eccotemp Systems Business Overview
9.19.5 Eccotemp Systems Recent Developments
9.20 Drakken
9.20.1 Drakken Electric Water Heaters Basic Information
9.20.2 Drakken Electric Water Heaters Product Overview
9.20.3 Drakken Electric Water Heaters Product Market Performance
9.20.4 Drakken Business Overview
9.20.5 Drakken Recent Developments
9.21 Midea Group
9.21.1 Midea Group Electric Water Heaters Basic Information
9.21.2 Midea Group Electric Water Heaters Product Overview
9.21.3 Midea Group Electric Water Heaters Product Market Performance
9.21.4 Midea Group Business Overview
9.21.5 Midea Group Recent Developments
10 Electric Water Heaters Market Forecast by Region
10.1 Global Electric Water Heaters Market Size Forecast
10.2 Global Electric Water Heaters Market Forecast by Region
10.2.1 North America Market Size Forecast by Country
10.2.2 Europe Electric Water Heaters Market Size Forecast by Country
10.2.3 Asia Pacific Electric Water Heaters Market Size Forecast by Region
10.2.4 South America Electric Water Heaters Market Size Forecast by Country
10.2.5 Middle East and Africa Forecasted Consumption of Electric Water Heaters by Country
11 Forecast Market by Type and by Application (2025-2030)
11.1 Global Electric Water Heaters Market Forecast by Type (2025-2030)
11.1.1 Global Forecasted Sales of Electric Water Heaters by Type (2025-2030)
11.1.2 Global Electric Water Heaters Market Size Forecast by Type (2025-2030)
11.1.3 Global Forecasted Price of Electric Water Heaters by Type (2025-2030)
11.2 Global Electric Water Heaters Market Forecast by Application (2025-2030)
11.2.1 Global Electric Water Heaters Sales (K Units) Forecast by Application
11.2.2 Global Electric Water Heaters Market Size (M USD) Forecast by Application (2025-2030)
12 Conclusion and Key FindingsList of Tables
Table 1. Introduction of the Type
Table 2. Introduction of the Application
Table 3. Market Size (M USD) Segment Executive Summary
Table 4. Electric Water Heaters Market Size Comparison by Region (M USD)
Table 5. Global Electric Water Heaters Sales (K Units) by Manufacturers (2019-2024)
Table 6. Global Electric Water Heaters Sales Market Share by Manufacturers (2019-2024)
Table 7. Global Electric Water Heaters Revenue (M USD) by Manufacturers (2019-2024)
Table 8. Global Electric Water Heaters Revenue Share by Manufacturers (2019-2024)
Table 9. Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Electric Water Heaters as of 2022)
Table 10. Global Market Electric Water Heaters Average Price (USD/Unit) of Key Manufacturers (2019-2024)
Table 11. Manufacturers Electric Water Heaters Sales Sites and Area Served
Table 12. Manufacturers Electric Water Heaters Product Type
Table 13. Global Electric Water Heaters Manufacturers Market Concentration Ratio (CR5 and HHI)
Table 14. Mergers & Acquisitions, Expansion Plans
Table 15. Industry Chain Map of Electric Water Heaters
Table 16. Market Overview of Key Raw Materials
Table 17. Midstream Market Analysis
Table 18. Downstream Customer Analysis
Table 19. Key Development Trends
Table 20. Driving Factors
Table 21. Electric Water Heaters Market Challenges
Table 22. Global Electric Water Heaters Sales by Type (K Units)
Table 23. Global Electric Water Heaters Market Size by Type (M USD)
Table 24. Global Electric Water Heaters Sales (K Units) by Type (2019-2024)
Table 25. Global Electric Water Heaters Sales Market Share by Type (2019-2024)
Table 26. Global Electric Water Heaters Market Size (M USD) by Type (2019-2024)
Table 27. Global Electric Water Heaters Market Size Share by Type (2019-2024)
Table 28. Global Electric Water Heaters Price (USD/Unit) by Type (2019-2024)
Table 29. Global Electric Water Heaters Sales (K Units) by Application
Table 30. Global Electric Water Heaters Market Size by Application
Table 31. Global Electric Water Heaters Sales by Application (2019-2024) & (K Units)
Table 32. Global Electric Water Heaters Sales Market Share by Application (2019-2024)
Table 33. Global Electric Water Heaters Sales by Application (2019-2024) & (M USD)
Table 34. Global Electric Water Heaters Market Share by Application (2019-2024)
Table 35. Global Electric Water Heaters Sales Growth Rate by Application (2019-2024)
Table 36. Global Electric Water Heaters Sales by Region (2019-2024) & (K Units)
Table 37. Global Electric Water Heaters Sales Market Share by Region (2019-2024)
Table 38. North America Electric Water Heaters Sales by Country (2019-2024) & (K Units)
Table 39. Europe Electric Water Heaters Sales by Country (2019-2024) & (K Units)
Table 40. Asia Pacific Electric Water Heaters Sales by Region (2019-2024) & (K Units)
Table 41. South America Electric Water Heaters Sales by Country (2019-2024) & (K Units)
Table 42. Middle East and Africa Electric Water Heaters Sales by Region (2019-2024) & (K Units)
Table 43. A.O. Smith Electric Water Heaters Basic Information
Table 44. A.O. Smith Electric Water Heaters Product Overview
Table 45. A.O. Smith Electric Water Heaters Sales (K Units), Revenue (M USD), Price (USD/Unit) and Gross Margin (2019-2024)
Table 46. A.O. Smith Business Overview
Table 47. A.O. Smith Electric Water Heaters SWOT Analysis
Table 48. A.O. Smith Recent Developments
Table 49. GE Electric Water Heaters Basic Information
Table 50. GE Electric Water Heaters Product Overview
Table 51. GE Electric Water Heaters Sales (K Units), Revenue (M USD), Price (USD/Unit) and Gross Margin (2019-2024)
Table 52. GE Business Overview
Table 53. GE Electric Water Heaters SWOT Analysis
Table 54. GE Recent Developments
Table 55. Rheem Manufacturing Electric Water Heaters Basic Information
Table 56. Rheem Manufacturing Electric Water Heaters Product Overview
Table 57. Rheem Manufacturing Electric Water Heaters Sales (K Units), Revenue (M USD), Price (USD/Unit) and Gross Margin (2019-2024)
Table 58. Rheem Manufacturing Electric Water Heaters SWOT Analysis
Table 59. Rheem Manufacturing Business Overview
Table 60. Rheem Manufacturing Recent Developments
Table 61. Siemens Electric Water Heaters Basic Information
Table 62. Siemens Electric Water Heaters Product Overview
Table 63. Siemens Electric Water Heaters Sales (K Units), Revenue (M USD), Price (USD/Unit) and Gross Margin (2019-2024)
Table 64. Siemens Business Overview
Table 65. Siemens Recent Developments
Table 66. Ariston Thermo Electric Water Heaters Basic Information
Table 67. Ariston Thermo Electric Water Heaters Product Overview
Table 68. Ariston Thermo Electric Water Heaters Sales (K Units), Revenue (M USD), Price (USD/Unit) and Gross Margin (2019-2024)
Table 69. Ariston Thermo Business Overview
Table 70. Ariston Thermo Recent Developments
Table 71. Bajaj Electricals Electric Water Heaters Basic Information
Table 72. Bajaj Electricals Electric Water Heaters Product Overview
Table 73. Bajaj Electricals Electric Water Heaters Sales (K Units), Revenue (M USD), Price (USD/Unit) and Gross Margin (2019-2024)
Table 74. Bajaj Electricals Business Overview
Table 75. Bajaj Electricals Recent Developments
Table 76. Bradford White Electric Water Heaters Basic Information
Table 77. Bradford White Electric Water Heaters Product Overview
Table 78. Bradford White Electric Water Heaters Sales (K Units), Revenue (M USD), Price (USD/Unit) and Gross Margin (2019-2024)
Table 79. Bradford White Business Overview
Table 80. Bradford White Recent Developments
Table 81. Crompton Greaves Electric Water Heaters Basic Information
Table 82. Crompton Greaves Electric Water Heaters Product Overview
Table 83. Crompton Greaves Electric Water Heaters Sales (K Units), Revenue (M USD), Price (USD/Unit) and Gross Margin (2019-2024)
Table 84. Crompton Greaves Business Overview
Table 85. Crompton Greaves Recent Developments
Table 86. ELDOMINVEST Electric Water Heaters Basic Information
Table 87. ELDOMINVEST Electric Water Heaters Product Overview
Table 88. ELDOMINVEST Electric Water Heaters Sales (K Units), Revenue (M USD), Price (USD/Unit) and Gross Margin (2019-2024)
Table 89. ELDOMINVEST Business Overview
Table 90. ELDOMINVEST Recent Developments
Table 91. Ferroli Electric Water Heaters Basic Information
Table 92. Ferroli Electric Water Heaters Product Overview
Table 93. Ferroli Electric Water Heaters Sales (K Units), Revenue (M USD), Price (USD/Unit) and Gross Margin (2019-2024)
Table 94. Ferroli Business Overview
Table 95. Ferroli Recent Developments
Table 96. Haier Electric Water Heaters Basic Information
Table 97. Haier Electric Water Heaters Product Overview
Table 98. Haier Electric Water Heaters Sales (K Units), Revenue (M USD), Price (USD/Unit) and Gross Margin (2019-2024)
Table 99. Haier Business Overview
Table 100. Haier Recent Developments
Table 101. Hubbell Electric Water Heaters Basic Information
Table 102. Hubbell Electric Water Heaters Product Overview
Table 103. Hubbell Electric Water Heaters Sales (K Units), Revenue (M USD), Price (USD/Unit) and Gross Margin (2019-2024)
Table 104. Hubbell Business Overview
Table 105. Hubbell Recent Developments
Table 106. Noritz Electric Water Heaters Basic Information
Table 107. Noritz Electric Water Heaters Product Overview
Table 108. Noritz Electric Water Heaters Sales (K Units), Revenue (M USD), Price (USD/Unit) and Gross Margin (2019-2024)
Table 109. Noritz Business Overview
Table 110. Noritz Recent Developments
Table 111. Vanward Electric Electric Water Heaters Basic Information
Table 112. Vanward Electric Electric Water Heaters Product Overview
Table 113. Vanward Electric Electric Water Heaters Sales (K Units), Revenue (M USD), Price (USD/Unit) and Gross Margin (2019-2024)
Table 114. Vanward Electric Business Overview
Table 115. Vanward Electric Recent Developments
Table 116. Stiebel Eltron Electric Water Heaters Basic Information
Table 117. Stiebel Eltron Electric Water Heaters Product Overview
Table 118. Stiebel Eltron Electric Water Heaters Sales (K Units), Revenue (M USD), Price (USD/Unit) and Gross Margin (2019-2024)
Table 119. Stiebel Eltron Business Overview
Table 120. Stiebel Eltron Recent Developments
Table 121. Bosch Electric Water Heaters Basic Information
Table 122. Bosch Electric Water Heaters Product Overview
Table 123. Bosch Electric Water Heaters Sales (K Units), Revenue (M USD), Price (USD/Unit) and Gross Margin (2019-2024)
Table 124. Bosch Business Overview
Table 125. Bosch Recent Developments
Table 126. Eemax Electric Water Heaters Basic Information
Table 127. Eemax Electric Water Heaters Product Overview
Table 128. Eemax Electric Water Heaters Sales (K Units), Revenue (M USD), Price (USD/Unit) and Gross Margin (2019-2024)
Table 129. Eemax Business Overview
Table 130. Eemax Recent Developments
Table 131. Atmor Electric Water Heaters Basic Information
Table 132. Atmor Electric Water Heaters Product Overview
Table 133. Atmor Electric Water Heaters Sales (K Units), Revenue (M USD), Price (USD/Unit) and Gross Margin (2019-2024)
Table 134. Atmor Business Overview
Table 135. Atmor Recent Developments
Table 136. Eccotemp Systems Electric Water Heaters Basic Information
Table 137. Eccotemp Systems Electric Water Heaters Product Overview
Table 138. Eccotemp Systems Electric Water Heaters Sales (K Units), Revenue (M USD), Price (USD/Unit) and Gross Margin (2019-2024)
Table 139. Eccotemp Systems Business Overview
Table 140. Eccotemp Systems Recent Developments
Table 141. Drakken Electric Water Heaters Basic Information
Table 142. Drakken Electric Water Heaters Product Overview
Table 143. Drakken Electric Water Heaters Sales (K Units), Revenue (M USD), Price (USD/Unit) and Gross Margin (2019-2024)
Table 144. Drakken Business Overview
Table 145. Drakken Recent Developments
Table 146. Midea Group Electric Water Heaters Basic Information
Table 147. Midea Group Electric Water Heaters Product Overview
Table 148. Midea Group Electric Water Heaters Sales (K Units), Revenue (M USD), Price (USD/Unit) and Gross Margin (2019-2024)
Table 149. Midea Group Business Overview
Table 150. Midea Group Recent Developments
Table 151. Global Electric Water Heaters Sales Forecast by Region (2025-2030) & (K Units)
Table 152. Global Electric Water Heaters Market Size Forecast by Region (2025-2030) & (M USD)
Table 153. North America Electric Water Heaters Sales Forecast by Country (2025-2030) & (K Units)
Table 154. North America Electric Water Heaters Market Size Forecast by Country (2025-2030) & (M USD)
Table 155. Europe Electric Water Heaters Sales Forecast by Country (2025-2030) & (K Units)
Table 156. Europe Electric Water Heaters Market Size Forecast by Country (2025-2030) & (M USD)
Table 157. Asia Pacific Electric Water Heaters Sales Forecast by Region (2025-2030) & (K Units)
Table 158. Asia Pacific Electric Water Heaters Market Size Forecast by Region (2025-2030) & (M USD)
Table 159. South America Electric Water Heaters Sales Forecast by Country (2025-2030) & (K Units)
Table 160. South America Electric Water Heaters Market Size Forecast by Country (2025-2030) & (M USD)
Table 161. Middle East and Africa Electric Water Heaters Consumption Forecast by Country (2025-2030) & (Units)
Table 162. Middle East and Africa Electric Water Heaters Market Size Forecast by Country (2025-2030) & (M USD)
Table 163. Global Electric Water Heaters Sales Forecast by Type (2025-2030) & (K Units)
Table 164. Global Electric Water Heaters Market Size Forecast by Type (2025-2030) & (M USD)
Table 165. Global Electric Water Heaters Price Forecast by Type (2025-2030) & (USD/Unit)
Table 166. Global Electric Water Heaters Sales (K Units) Forecast by Application (2025-2030)
Table 167. Global Electric Water Heaters Market Size Forecast by Application (2025-2030) & (M USD)
List of Figures
Figure 1. Product Picture of Electric Water Heaters
Figure 2. Data Triangulation
Figure 3. Key Caveats
Figure 4. Global Electric Water Heaters Market Size (M USD), 2019-2030
Figure 5. Global Electric Water Heaters Market Size (M USD) (2019-2030)
Figure 6. Global Electric Water Heaters Sales (K Units) & (2019-2030)
Figure 7. Evaluation Matrix of Segment Market Development Potential (Type)
Figure 8. Evaluation Matrix of Segment Market Development Potential (Application)
Figure 9. Evaluation Matrix of Regional Market Development Potential
Figure 10. Electric Water Heaters Market Size by Country (M USD)
Figure 11. Electric Water Heaters Sales Share by Manufacturers in 2023
Figure 12. Global Electric Water Heaters Revenue Share by Manufacturers in 2023
Figure 13. Electric Water Heaters Market Share by Company Type (Tier 1, Tier 2 and Tier 3): 2023
Figure 14. Global Market Electric Water Heaters Average Price (USD/Unit) of Key Manufacturers in 2023
Figure 15. The Global 5 and 10 Largest Players: Market Share by Electric Water Heaters Revenue in 2023
Figure 16. Evaluation Matrix of Segment Market Development Potential (Type)
Figure 17. Global Electric Water Heaters Market Share by Type
Figure 18. Sales Market Share of Electric Water Heaters by Type (2019-2024)
Figure 19. Sales Market Share of Electric Water Heaters by Type in 2023
Figure 20. Market Size Share of Electric Water Heaters by Type (2019-2024)
Figure 21. Market Size Market Share of Electric Water Heaters by Type in 2023
Figure 22. Evaluation Matrix of Segment Market Development Potential (Application)
Figure 23. Global Electric Water Heaters Market Share by Application
Figure 24. Global Electric Water Heaters Sales Market Share by Application (2019-2024)
Figure 25. Global Electric Water Heaters Sales Market Share by Application in 2023
Figure 26. Global Electric Water Heaters Market Share by Application (2019-2024)
Figure 27. Global Electric Water Heaters Market Share by Application in 2023
Figure 28. Global Electric Water Heaters Sales Growth Rate by Application (2019-2024)
Figure 29. Global Electric Water Heaters Sales Market Share by Region (2019-2024)
Figure 30. North America Electric Water Heaters Sales and Growth Rate (2019-2024) & (K Units)
Figure 31. North America Electric Water Heaters Sales Market Share by Country in 2023
Figure 32. U.S. Electric Water Heaters Sales and Growth Rate (2019-2024) & (K Units)
Figure 33. Canada Electric Water Heaters Sales (K Units) and Growth Rate (2019-2024)
Figure 34. Mexico Electric Water Heaters Sales (Units) and Growth Rate (2019-2024)
Figure 35. Europe Electric Water Heaters Sales and Growth Rate (2019-2024) & (K Units)
Figure 36. Europe Electric Water Heaters Sales Market Share by Country in 2023
Figure 37. Germany Electric Water Heaters Sales and Growth Rate (2019-2024) & (K Units)
Figure 38. France Electric Water Heaters Sales and Growth Rate (2019-2024) & (K Units)
Figure 39. U.K. Electric Water Heaters Sales and Growth Rate (2019-2024) & (K Units)
Figure 40. Italy Electric Water Heaters Sales and Growth Rate (2019-2024) & (K Units)
Figure 41. Russia Electric Water Heaters Sales and Growth Rate (2019-2024) & (K Units)
Figure 42. Asia Pacific Electric Water Heaters Sales and Growth Rate (K Units)
Figure 43. Asia Pacific Electric Water Heaters Sales Market Share by Region in 2023
Figure 44. China Electric Water Heaters Sales and Growth Rate (2019-2024) & (K Units)
Figure 45. Japan Electric Water Heaters Sales and Growth Rate (2019-2024) & (K Units)
Figure 46. South Korea Electric Water Heaters Sales and Growth Rate (2019-2024) & (K Units)
Figure 47. India Electric Water Heaters Sales and Growth Rate (2019-2024) & (K Units)
Figure 48. Southeast Asia Electric Water Heaters Sales and Growth Rate (2019-2024) & (K Units)
Figure 49. South America Electric Water Heaters Sales and Growth Rate (K Units)
Figure 50. South America Electric Water Heaters Sales Market Share by Country in 2023
Figure 51. Brazil Electric Water Heaters Sales and Growth Rate (2019-2024) & (K Units)
Figure 52. Argentina Electric Water Heaters Sales and Growth Rate (2019-2024) & (K Units)
Figure 53. Columbia Electric Water Heaters Sales and Growth Rate (2019-2024) & (K Units)
Figure 54. Middle East and Africa Electric Water Heaters Sales and Growth Rate (K Units)
Figure 55. Middle East and Africa Electric Water Heaters Sales Market Share by Region in 2023
Figure 56. Saudi Arabia Electric Water Heaters Sales and Growth Rate (2019-2024) & (K Units)
Figure 57. UAE Electric Water Heaters Sales and Growth Rate (2019-2024) & (K Units)
Figure 58. Egypt Electric Water Heaters Sales and Growth Rate (2019-2024) & (K Units)
Figure 59. Nigeria Electric Water Heaters Sales and Growth Rate (2019-2024) & (K Units)
Figure 60. South Africa Electric Water Heaters Sales and Growth Rate (2019-2024) & (K Units)
Figure 61. Global Electric Water Heaters Sales Forecast by Volume (2019-2030) & (K Units)
Figure 62. Global Electric Water Heaters Market Size Forecast by Value (2019-2030) & (M USD)
Figure 63. Global Electric Water Heaters Sales Market Share Forecast by Type (2025-2030)
Figure 64. Global Electric Water Heaters Market Share Forecast by Type (2025-2030)
Figure 65. Global Electric Water Heaters Sales Forecast by Application (2025-2030)
Figure 66. Global Electric Water Heaters Market Share Forecast by Application (2025-2030)