Electric Heater Global Market Insights 2025, Analysis and Forecast to 2030, by Manufacturers, Regions, Technology, Application

February 2025 | 98 pages | ID: E75C7B25C256EN
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Electric Heater Market Overview
The global electric heater market is projected to witness significant growth from 2025 to 2030, driven by increasing demand for energy-efficient heating solutions across residential, commercial, and industrial sectors. The market is expected to grow at a compound annual growth rate (CAGR) of 5.2% during the forecast period, reaching a market size of approximately $12.5 billion by 2030. This growth is attributed to advancements in heating technologies, rising adoption of smart heating systems, and stringent government regulations promoting energy efficiency.

Market Size and Share Analysis
In 2025, the electric heater market is estimated to be valued at $9.8 billion. By product type, the market is segmented into convection heaters, radiant heaters, and fan heaters. Convection heaters currently dominate the market with a share of 45%, followed by radiant heaters at 30%, and fan heaters at 25%. The residential sector accounts for the largest share of 50%, driven by increasing demand for space heating in cold regions. The commercial and industrial sectors hold shares of 30% and 20%, respectively.

Market Trends
Key trends shaping the electric heater market include:

Smart Heating Systems: The integration of IoT and smart technologies in electric heaters is gaining traction, with a projected adoption rate of 15%-20% annually.
Energy Efficiency: Governments worldwide are implementing policies to promote energy-efficient appliances, leading to a 10%-12% annual increase in demand for energy-efficient electric heaters.
Renewable Energy Integration: The use of renewable energy sources, such as solar-powered electric heaters, is expected to grow at a CAGR of 8%-10%.


Market Segmentation
By Product Type

Convection Heaters: Dominating the market with a 45% share, these heaters are widely used in residential and commercial spaces.
Radiant Heaters: Holding a 30% share, these heaters are preferred for spot heating in industrial applications.
Fan Heaters: With a 25% share, these heaters are popular for quick heating in small spaces.


By Application

Residential: The largest segment with a 50% share, driven by increasing demand for space heating in cold climates.
Commercial: Accounting for 30% of the market, this segment is growing due to the need for efficient heating in offices, hotels, and retail spaces.
Industrial: Representing 20% of the market, this segment is driven by the need for process heating in manufacturing and production facilities.


By Region

North America: Expected to grow at a CAGR of 4.5%, driven by high adoption of smart heating systems.
Europe: Projected to grow at a CAGR of 5.8%, supported by stringent energy efficiency regulations.
Asia-Pacific: Anticipated to witness the highest growth rate of 6.5%, fueled by rapid urbanization and industrialization.
Latin America: Expected to grow at a CAGR of 4.2%, driven by increasing demand for residential heating solutions.
Middle East & Africa: Projected to grow at a CAGR of 3.8%, supported by infrastructure development.


Key Players
The electric heater market is highly competitive, with key players including:

SPX Corporation: A leading player with a market share of 15%, known for its innovative heating solutions.
Glen Dimplex: Holding a 12% market share, the company specializes in energy-efficient electric heaters.
TPI Corporation: With a 10% market share, TPI is a major player in the industrial heating segment.
Ouellet: Accounting for 8% of the market, Ouellet is known for its residential heating products.
King Electric: Holding a 7% market share, the company focuses on commercial heating solutions.
Systemair: With a 6% market share, Systemair is a key player in the ventilation and heating industry.


Market News
Policy Updates
Governments worldwide are implementing policies to promote energy efficiency and reduce carbon emissions. For instance, the European Union's Energy Efficiency Directive aims to achieve a 32.5% improvement in energy efficiency by 2030, driving demand for energy-efficient electric heaters.

Company Developments
Key players are focusing on product innovation and strategic partnerships to strengthen their market position. For example, SPX Corporation recently launched a new line of smart electric heaters with IoT integration, expected to capture a 5%-7% increase in market share by 2026.

Segment Forecasts (2025-2030)

Residential Segment: Expected to grow at a CAGR of 5.5%, driven by increasing demand for space heating in cold regions.
Commercial Segment: Projected to grow at a CAGR of 6.0%, supported by the need for efficient heating in offices and retail spaces.
Industrial Segment: Anticipated to grow at a CAGR of 4.8%, fueled by the demand for process heating in manufacturing facilities.


Conclusion
The global electric heater market is poised for steady growth from 2025 to 2030, driven by advancements in heating technologies, increasing demand for energy-efficient solutions, and supportive government policies. Key players are focusing on innovation and strategic partnerships to capitalize on emerging opportunities, making the market highly competitive and dynamic.
CHAPTER 1 EXECUTIVE SUMMARY

CHAPTER 2 ABBREVIATION AND ACRONYMS

CHAPTER 3 PREFACE

3.1 Research Scope
3.2 Research Sources
  3.2.1 Data Sources
  3.2.2 Assumptions
3.3 Research Method

CHAPTER 4 MARKET LANDSCAPE

4.1 Market Overview
4.2 Classification/Types
4.3 Application/End Users

CHAPTER 5 MARKET TREND ANALYSIS

5.1 Introduction
5.2 Drivers
5.3 Restraints
5.4 Opportunities
5.5 Threats

CHAPTER 6 INDUSTRY CHAIN ANALYSIS

6.1 Upstream/Suppliers Analysis
6.2 Electric Heater Analysis
  6.2.1 Technology Analysis
  6.2.2 Cost Analysis
  6.2.3 Market Channel Analysis
6.3 Downstream Buyers/End Users

CHAPTER 7 LATEST MARKET DYNAMICS

7.1 Latest News
7.2 Merger and Acquisition
7.3 Planned/Future Project
7.4 Policy Dynamics

CHAPTER 8 TRADING ANALYSIS

8.1 Export of Electric Heater by Region
8.2 Import of Electric Heater by Region
8.3 Balance of Trade

CHAPTER 9 HISTORICAL AND FORECAST ELECTRIC HEATER MARKET IN NORTH AMERICA (2020-2030)

9.1 Electric Heater Market Size
9.2 Electric Heater Demand by End Use
9.3 Competition by Players/Suppliers
9.4 Type Segmentation and Price
9.5 Key Countries Analysis
  9.5.1 United States
  9.5.2 Canada
  9.5.3 Mexico

CHAPTER 10 HISTORICAL AND FORECAST ELECTRIC HEATER MARKET IN SOUTH AMERICA (2020-2030)

10.1 Electric Heater Market Size
10.2 Electric Heater Demand by End Use
10.3 Competition by Players/Suppliers
10.4 Type Segmentation and Price
10.5 Key Countries Analysis
  10.5.1 Brazil
  10.5.2 Argentina
  10.5.3 Chile
  10.5.4 Peru

CHAPTER 11 HISTORICAL AND FORECAST ELECTRIC HEATER MARKET IN ASIA & PACIFIC (2020-2030)

11.1 Electric Heater Market Size
11.2 Electric Heater Demand by End Use
11.3 Competition by Players/Suppliers
11.4 Type Segmentation and Price
11.5 Key Countries Analysis
  11.5.1 China
  11.5.2 India
  11.5.3 Japan
  11.5.4 South Korea
  11.5.5 Southest Asia
  11.5.6 Australia

CHAPTER 12 HISTORICAL AND FORECAST ELECTRIC HEATER MARKET IN EUROPE (2020-2030)

12.1 Electric Heater Market Size
12.2 Electric Heater Demand by End Use
12.3 Competition by Players/Suppliers
12.4 Type Segmentation and Price
12.5 Key Countries Analysis
  12.5.1 Germany
  12.5.2 France
  12.5.3 United Kingdom
  12.5.4 Italy
  12.5.5 Spain
  12.5.6 Belgium
  12.5.7 Netherlands
  12.5.8 Austria
  12.5.9 Poland
  12.5.10 Russia

CHAPTER 13 HISTORICAL AND FORECAST ELECTRIC HEATER MARKET IN MEA (2020-2030)

13.1 Electric Heater Market Size
13.2 Electric Heater Demand by End Use
13.3 Competition by Players/Suppliers
13.4 Type Segmentation and Price
13.5 Key Countries Analysis
  13.5.1 Egypt
  13.5.2 Israel
  13.5.3 South Africa
  13.5.4 Gulf Cooperation Council Countries
  13.5.5 Turkey

CHAPTER 14 SUMMARY FOR GLOBAL ELECTRIC HEATER MARKET (2020-2025)

14.1 Electric Heater Market Size
14.2 Electric Heater Demand by End Use
14.3 Competition by Players/Suppliers
14.4 Type Segmentation and Price

CHAPTER 15 GLOBAL ELECTRIC HEATER MARKET FORECAST (2025-2030)

15.1 Electric Heater Market Size Forecast
15.2 Electric Heater Demand Forecast
15.3 Competition by Players/Suppliers
15.4 Type Segmentation and Price Forecast

CHAPTER 16 ANALYSIS OF GLOBAL KEY VENDORS

16.1 SPX
  16.1.1 Company Profile
  16.1.2 Main Business and Electric Heater Information
  16.1.3 SWOT Analysis of SPX
  16.1.4 SPX Electric Heater Sales, Revenue, Price and Gross Margin (2020-2025)
16.2 Glen Dimplex
  16.2.1 Company Profile
  16.2.2 Main Business and Electric Heater Information
  16.2.3 SWOT Analysis of Glen Dimplex
  16.2.4 Glen Dimplex Electric Heater Sales, Revenue, Price and Gross Margin (2020-2025)
16.3 TPI Corporation
  16.3.1 Company Profile
  16.3.2 Main Business and Electric Heater Information
  16.3.3 SWOT Analysis of TPI Corporation
  16.3.4 TPI Corporation Electric Heater Sales, Revenue, Price and Gross Margin (2020-2025)
16.4 Ouellet
  16.4.1 Company Profile
  16.4.2 Main Business and Electric Heater Information
  16.4.3 SWOT Analysis of Ouellet
  16.4.4 Ouellet Electric Heater Sales, Revenue, Price and Gross Margin (2020-2025)
16.5 King Electric
  16.5.1 Company Profile
  16.5.2 Main Business and Electric Heater Information
  16.5.3 SWOT Analysis of King Electric
  16.5.4 King Electric Electric Heater Sales, Revenue, Price and Gross Margin (2020-2025)
16.6 Systemair
  16.6.1 Company Profile
  16.6.2 Main Business and Electric Heater Information
  16.6.3 SWOT Analysis of Systemair
  16.6.4 Systemair Electric Heater Sales, Revenue, Price and Gross Margin (2020-2025)
Please ask for sample pages for full companies list
Tables and Figures
Table Abbreviation and Acronyms List
Table Research Scope of Electric Heater Report
Table Data Sources of Electric Heater Report
Table Major Assumptions of Electric Heater Report
Figure Market Size Estimated Method
Figure Major Forecasting Factors
Figure Electric Heater Picture
Table Electric Heater Classification
Table Electric Heater Applications List
Table Drivers of Electric Heater Market
Table Restraints of Electric Heater Market
Table Opportunities of Electric Heater Market
Table Threats of Electric Heater Market
Table Covid-19 Impact For Electric Heater Market
Table Raw Materials Suppliers List
Table Different Production Methods of Electric Heater
Table Cost Structure Analysis of Electric Heater
Table Key End Users List
Table Latest News of Electric Heater Market
Table Merger and Acquisition List
Table Planned/Future Project of Electric Heater Market
Table Policy of Electric Heater Market
Table 2020-2030 Regional Export of Electric Heater
Table 2020-2030 Regional Import of Electric Heater
Table 2020-2030 Regional Trade Balance
Figure 2020-2030 Regional Trade Balance
Table 2020-2030 North America Electric Heater Market Size and Market Volume List
Figure 2020-2030 North America Electric Heater Market Size and CAGR
Figure 2020-2030 North America Electric Heater Market Volume and CAGR
Table 2020-2030 North America Electric Heater Demand List by Application
Table 2020-2025 North America Electric Heater Key Players Sales List
Table 2020-2025 North America Electric Heater Key Players Market Share List
Table 2020-2030 North America Electric Heater Demand List by Type
Table 2020-2025 North America Electric Heater Price List by Type
Table 2020-2030 United States Electric Heater Market Size and Market Volume List
Table 2020-2030 United States Electric Heater Import & Export List
Table 2020-2030 Canada Electric Heater Market Size and Market Volume List
Table 2020-2030 Canada Electric Heater Import & Export List
Table 2020-2030 Mexico Electric Heater Market Size and Market Volume List
Table 2020-2030 Mexico Electric Heater Import & Export List
Table 2020-2030 South America Electric Heater Market Size and Market Volume List
Figure 2020-2030 South America Electric Heater Market Size and CAGR
Figure 2020-2030 South America Electric Heater Market Volume and CAGR
Table 2020-2030 South America Electric Heater Demand List by Application
Table 2020-2025 South America Electric Heater Key Players Sales List
Table 2020-2025 South America Electric Heater Key Players Market Share List
Table 2020-2030 South America Electric Heater Demand List by Type
Table 2020-2025 South America Electric Heater Price List by Type
Table 2020-2030 Brazil Electric Heater Market Size and Market Volume List
Table 2020-2030 Brazil Electric Heater Import & Export List
Table 2020-2030 Argentina Electric Heater Market Size and Market Volume List
Table 2020-2030 Argentina Electric Heater Import & Export List
Table 2020-2030 Chile Electric Heater Market Size and Market Volume List
Table 2020-2030 Chile Electric Heater Import & Export List
Table 2020-2030 Peru Electric Heater Market Size and Market Volume List
Table 2020-2030 Peru Electric Heater Import & Export List
Table 2020-2030 Asia & Pacific Electric Heater Market Size and Market Volume List
Figure 2020-2030 Asia & Pacific Electric Heater Market Size and CAGR
Figure 2020-2030 Asia & Pacific Electric Heater Market Volume and CAGR
Table 2020-2030 Asia & Pacific Electric Heater Demand List by Application
Table 2020-2025 Asia & Pacific Electric Heater Key Players Sales List
Table 2020-2025 Asia & Pacific Electric Heater Key Players Market Share List
Table 2020-2030 Asia & Pacific Electric Heater Demand List by Type
Table 2020-2025 Asia & Pacific Electric Heater Price List by Type
Table 2020-2030 China Electric Heater Market Size and Market Volume List
Table 2020-2030 China Electric Heater Import & Export List
Table 2020-2030 India Electric Heater Market Size and Market Volume List
Table 2020-2030 India Electric Heater Import & Export List
Table 2020-2030 Japan Electric Heater Market Size and Market Volume List
Table 2020-2030 Japan Electric Heater Import & Export List
Table 2020-2030 South Korea Electric Heater Market Size and Market Volume List
Table 2020-2030 South Korea Electric Heater Import & Export List
Table 2020-2030 Southeast Asia Electric Heater Market Size List
Table 2020-2030 Southeast Asia Electric Heater Market Volume List
Table 2020-2030 Southeast Asia Electric Heater Import List
Table 2020-2030 Southeast Asia Electric Heater Export List
Table 2020-2030 Australia Electric Heater Market Size and Market Volume List
Table 2020-2030 Australia Electric Heater Import & Export List
Table 2020-2030 Europe Electric Heater Market Size and Market Volume List
Figure 2020-2030 Europe Electric Heater Market Size and CAGR
Figure 2020-2030 Europe Electric Heater Market Volume and CAGR
Table 2020-2030 Europe Electric Heater Demand List by Application
Table 2020-2025 Europe Electric Heater Key Players Sales List
Table 2020-2025 Europe Electric Heater Key Players Market Share List
Table 2020-2030 Europe Electric Heater Demand List by Type
Table 2020-2025 Europe Electric Heater Price List by Type
Table 2020-2030 Germany Electric Heater Market Size and Market Volume List
Table 2020-2030 Germany Electric Heater Import & Export List
Table 2020-2030 France Electric Heater Market Size and Market Volume List
Table 2020-2030 France Electric Heater Import & Export List
Table 2020-2030 United Kingdom Electric Heater Market Size and Market Volume List
Table 2020-2030 United Kingdom Electric Heater Import & Export List
Table 2020-2030 Italy Electric Heater Market Size and Market Volume List
Table 2020-2030 Italy Electric Heater Import & Export List
Table 2020-2030 Spain Electric Heater Market Size and Market Volume List
Table 2020-2030 Spain Electric Heater Import & Export List
Table 2020-2030 Belgium Electric Heater Market Size and Market Volume List
Table 2020-2030 Belgium Electric Heater Import & Export List
Table 2020-2030 Netherlands Electric Heater Market Size and Market Volume List
Table 2020-2030 Netherlands Electric Heater Import & Export List
Table 2020-2030 Austria Electric Heater Market Size and Market Volume List
Table 2020-2030 Austria Electric Heater Import & Export List
Table 2020-2030 Poland Electric Heater Market Size and Market Volume List
Table 2020-2030 Poland Electric Heater Import & Export List
Table 2020-2030 Russia Electric Heater Market Size and Market Volume List
Table 2020-2030 Russia Electric Heater Import & Export List
Table 2020-2030 MEA Electric Heater Market Size and Market Volume List
Figure 2020-2030 MEA Electric Heater Market Size and CAGR
Figure 2020-2030 MEA Electric Heater Market Volume and CAGR
Table 2020-2030 MEA Electric Heater Demand List by Application
Table 2020-2025 MEA Electric Heater Key Players Sales List
Table 2020-2025 MEA Electric Heater Key Players Market Share List
Table 2020-2030 MEA Electric Heater Demand List by Type
Table 2020-2025 MEA Electric Heater Price List by Type
Table 2020-2030 Egypt Electric Heater Market Size and Market Volume List
Table 2020-2030 Egypt Electric Heater Import & Export List
Table 2020-2030 Israel Electric Heater Market Size and Market Volume List
Table 2020-2030 Israel Electric Heater Import & Export List
Table 2020-2030 South Africa Electric Heater Market Size and Market Volume List
Table 2020-2030 South Africa Electric Heater Import & Export List
Table 2020-2030 Gulf Cooperation Council Countries Electric Heater Market Size and Market Volume List
Table 2020-2030 Gulf Cooperation Council Countries Electric Heater Import & Export List
Table 2020-2030 Turkey Electric Heater Market Size and Market Volume List
Table 2020-2030 Turkey Electric Heater Import & Export List
Table 2020-2025 Global Electric Heater Market Size List by Region
Table 2020-2025 Global Electric Heater Market Size Share List by Region
Table 2020-2025 Global Electric Heater Market Volume List by Region
Table 2020-2025 Global Electric Heater Market Volume Share List by Region
Table 2020-2025 Global Electric Heater Demand List by Application
Table 2020-2025 Global Electric Heater Demand Market Share List by Application
Table 2020-2025 Global Electric Heater Key Vendors Sales List
Table 2020-2025 Global Electric Heater Key Vendors Sales Share List
Figure 2020-2025 Global Electric Heater Market Volume and Growth Rate
Table 2020-2025 Global Electric Heater Key Vendors Revenue List
Figure 2020-2025 Global Electric Heater Market Size and Growth Rate
Table 2020-2025 Global Electric Heater Key Vendors Revenue Share List
Table 2020-2025 Global Electric Heater Demand List by Type
Table 2020-2025 Global Electric Heater Demand Market Share List by Type
Table 2020-2025 Regional Electric Heater Price List
Table 2025-2030 Global Electric Heater Market Size List by Region
Table 2025-2030 Global Electric Heater Market Size Share List by Region
Table 2025-2030 Global Electric Heater Market Volume List by Region
Table 2025-2030 Global Electric Heater Market Volume Share List by Region
Table 2025-2030 Global Electric Heater Demand List by Application
Table 2025-2030 Global Electric Heater Demand Market Share List by Application
Table 2025-2030 Global Electric Heater Key Vendors Sales List
Table 2025-2030 Global Electric Heater Key Vendors Sales Share List
Figure 2025-2030 Global Electric Heater Market Volume and Growth Rate
Table 2025-2030 Global Electric Heater Key Vendors Revenue List
Figure 2025-2030 Global Electric Heater Market Size and Growth Rate
Table 2025-2030 Global Electric Heater Key Vendors Revenue Share List
Table 2025-2030 Global Electric Heater Demand List by Type
Table 2025-2030 Global Electric Heater Demand Market Share List by Type
Table 2025-2030 Electric Heater Regional Price List
Table SPX Information
Table SWOT Analysis of SPX
Table 2020-2025 SPX Electric Heater Sale Volume Price Cost Revenue
Figure 2020-2025 SPX Electric Heater Sale Volume and Growth Rate
Figure 2020-2025 SPX Electric Heater Market Share
Table Glen Dimplex Information
Table SWOT Analysis of Glen Dimplex
Table 2020-2025 Glen Dimplex Electric Heater Sale Volume Price Cost Revenue
Figure 2020-2025 Glen Dimplex Electric Heater Sale Volume and Growth Rate
Figure 2020-2025 Glen Dimplex Electric Heater Market Share
Table TPI Corporation Information
Table SWOT Analysis of TPI Corporation
Table 2020-2025 TPI Corporation Electric Heater Sale Volume Price Cost Revenue
Figure 2020-2025 TPI Corporation Electric Heater Sale Volume and Growth Rate
Figure 2020-2025 TPI Corporation Electric Heater Market Share
Table Ouellet Information
Table SWOT Analysis of Ouellet
Table 2020-2025 Ouellet Electric Heater Sale Volume Price Cost Revenue
Figure 2020-2025 Ouellet Electric Heater Sale Volume and Growth Rate
Figure 2020-2025 Ouellet Electric Heater Market Share
Table King Electric Information
Table SWOT Analysis of King Electric
Table 2020-2025 King Electric Electric Heater Sale Volume Price Cost Revenue
Figure 2020-2025 King Electric Electric Heater Sale Volume and Growth Rate
Figure 2020-2025 King Electric Electric Heater Market Share
Table Systemair Information
Table SWOT Analysis of Systemair
Table 2020-2025 Systemair Electric Heater Sale Volume Price Cost Revenue
Figure 2020-2025 Systemair Electric Heater Sale Volume and Growth Rate
Figure 2020-2025 Systemair Electric Heater Market Share


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