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Global Electric Water Heaters Market Size study, by Product (Storage, Non-storage/Tankless) by Application (Commercial, Residential) and Regional Forecasts 2022-2028

April 2022 | 200 pages | ID: GC7973FE03FBEN
Bizwit Research & Consulting LLP

US$ 4,950.00

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Global Electric Water Heaters Market is valued approximately at USD 25.3 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 7.4% over the forecast period 2022-2028. Electric Water Heaters are used to heat up water and supply by efficient use of electricity. These heaters are easy to install and has hassle free maintenance. The rise in residential construction is driving the market growth. According to Australia Bureau of Statistics and Statistics New Zealand, the new dwellings approval witnessed significant increase in Australia from 13,555 units in month of January 2020 to 16,984 units in January 2021. The same increased in New Zealand from 3195 to 3888 dwellings respectively from the month of January 2020 to January 2021. The other driving factor for the market growth in increase inhospitality industry. For instance, according to Statista, user penetration in hotels is projected to reach 16.8% by 2026 from12.0% in 2022.. Also, with the rise in residential applications such as bathing, cooking, space heating, and others, increasing product launches and rising disposable income are the factors contributing towards market growth over the forecast period. However, implementation of stringent government regulations related to efficient energy and development of solar water heaters impedes the growth of the market over the forecast period of 2022-2028.

The key regions considered for the global Electric Water Heaters market study includes Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia-Pacific is the dominating region across the world in terms of market share and is also anticipated to exhibit highest growth rate over the forecast period 2022-2028 owing to the rise in strategic initiatives undertaken by private players, increase in electrification rate, growing disposable income and rapid urbanization.

Major market player included in this report are:
ARISTON THERMO S.P.A.
A.O. SMITH
BOSCH THERMOTECHNOLOGY
GENERAL ELECTRIC
BRADFORD WHITE CORPORATION
RHEEM MANUFACTURING CO.
HAVELLS INDIA LTD.
HAIER ELECTRONICS GROUP CO., LTD.
BAJAJ ELECTRICALS
RACOLD

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product:
Storage
Non-storage/Tankless
By Application:
Commercial
Residential
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Electric Water Heaters Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
CHAPTER 1. EXECUTIVE SUMMARY

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Billion)
  1.2.1. Electric Water Heaters Market, by region, 2020-2028 (USD Billion)
  1.2.2. Electric Water Heaters Market, by Product, 2020-2028 (USD Billion)
  1.2.3. Electric Water Heaters Market, by Application, 2020-2028 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

CHAPTER 2. GLOBAL ELECTRIC WATER HEATERS MARKET DEFINITION AND SCOPE

2.1. Objective of the Study
2.2. Market Definition & Scope
  2.2.1. Scope of the Study
  2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

CHAPTER 3. GLOBAL ELECTRIC WATER HEATERS MARKET DYNAMICS

3.1. Electric Water Heaters Market Impact Analysis (2020-2028)
  3.1.1. Market Drivers
    3.1.1.1. Rise in residential construction
    3.1.1.2. Increasing hospitality industry
  3.1.2. Market Challenges
    3.1.2.1. Implementation of stringent government regulations related to efficient energy
    3.1.2.2. Development of solar water heaters
  3.1.3. Market Opportunities
    3.1.3.1. Rise in residential applications
    3.1.3.2. Rising product launches

CHAPTER 4. GLOBAL ELECTRIC WATER HEATERS MARKET: INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
  4.1.6. Futuristic Approach to Porter’s 5 Force Model (2019-2028)
4.2. PEST Analysis
  4.2.1. Political
  4.2.2. Economic
  4.2.3. Social
  4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies

CHAPTER 5. RISK ASSESSMENT: COVID-19 IMPACT

  5.1.1. Assessment of the overall impact of COVID-19 on the industry
  5.1.2. Pre COVID-19 and post COVID-19 market scenario

CHAPTER 6. GLOBAL ELECTRIC WATER HEATERS MARKET, BY PRODUCT

6.1. Market Snapshot
6.2. Global Electric Water Heaters Market by Product, Performance - Potential Analysis
6.3. Global Electric Water Heaters Market Estimates & Forecasts by Product 2019-2028 (USD Billion)
6.4. Electric Water Heaters Market, Sub Segment Analysis
  6.4.1. Storage
  6.4.2. Non-storage/Tankless

CHAPTER 7. GLOBAL ELECTRIC WATER HEATERS MARKET, BY APPLICATION

7.1. Market Snapshot
7.2. Global Electric Water Heaters Market by Application, Performance - Potential Analysis
7.3. Global Electric Water Heaters Market Estimates & Forecasts by Application 2019-2028 (USD Billion)
7.4. Electric Water Heaters Market, Sub Segment Analysis
  7.4.1. Commercial
  7.4.2. Residential

CHAPTER 8. GLOBAL ELECTRIC WATER HEATERS MARKET, REGIONAL ANALYSIS

8.1. Electric Water Heaters Market, Regional Market Snapshot
8.2. North America Electric Water Heaters Market
  8.2.1. U.S. Electric Water Heaters Market
    8.2.1.1. Product breakdown estimates & forecasts, 2019-2028
    8.2.1.2. Application breakdown estimates & forecasts, 2019-2028
  8.2.2. Canada Electric Water Heaters Market
8.3. Europe Electric Water Heaters Market Snapshot
  8.3.1. U.K. Electric Water Heaters Market
  8.3.2. Germany Electric Water Heaters Market
  8.3.3. France Electric Water Heaters Market
  8.3.4. Spain Electric Water Heaters Market
  8.3.5. Italy Electric Water Heaters Market
  8.3.6. Rest of Europe Electric Water Heaters Market
8.4. Asia-Pacific Electric Water Heaters Market Snapshot
  8.4.1. China Electric Water Heaters Market
  8.4.2. India Electric Water Heaters Market
  8.4.3. Japan Electric Water Heaters Market
  8.4.4. Australia Electric Water Heaters Market
  8.4.5. South Korea Electric Water Heaters Market
  8.4.6. Rest of Asia Pacific Electric Water Heaters Market
8.5. Latin America Electric Water Heaters Market Snapshot
  8.5.1. Brazil Electric Water Heaters Market
  8.5.2. Mexico Electric Water Heaters Market
8.6. Rest of The World Electric Water Heaters Market

CHAPTER 9. COMPETITIVE INTELLIGENCE

9.1. Top Market Strategies
9.2. Company Profiles
  9.2.1. ARISTON THERMO S.P.A.
    9.2.1.1. KEY INFORMATION
    9.2.1.2. OVERVIEW
    9.2.1.3. FINANCIAL (SUBJECT TO DATA AVAILABILITY)
    9.2.1.4. PRODUCT SUMMARY
    9.2.1.5. RECENT DEVELOPMENTS
  9.2.2. A.O. SMITH
  9.2.3. BOSCH THERMOTECHNOLOGY
  9.2.4. GENERAL ELECTRIC
  9.2.5. BRADFORD WHITE CORPORATION
  9.2.6. RHEEM MANUFACTURING CO.
  9.2.7. HAVELLS INDIA LTD.
  9.2.8. HAIER ELECTRONICS GROUP CO., LTD.
  9.2.9. BAJAJ ELECTRICALS
  9.2.10. RACOLD

CHAPTER 10. RESEARCH PROCESS

10.1. Research Process
  10.1.1. Data Mining
  10.1.2. Analysis
  10.1.3. Market Estimation
  10.1.4. Validation
  10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Electric Water Heaters market, report scope
TABLE 2. Global Electric Water Heaters market estimates & forecasts by Region 2019-2028 (USD Billion)
TABLE 3. Global Electric Water Heaters market estimates & forecasts by Product 2019-2028 (USD Billion)
TABLE 4. Global Electric Water Heaters market estimates & forecasts by Application 2019-2028 (USD Billion)
TABLE 5. Global Electric Water Heaters market by segment, estimates & forecasts, 2019-2028 (USD Billion)
TABLE 6. Global Electric Water Heaters market by region, estimates & forecasts, 2019-2028 (USD Billion)
TABLE 7. Global Electric Water Heaters market by segment, estimates & forecasts, 2019-2028 (USD Billion)
TABLE 8. Global Electric Water Heaters market by region, estimates & forecasts, 2019-2028 (USD Billion)
TABLE 9. Global Electric Water Heaters market by segment, estimates & forecasts, 2019-2028 (USD Billion)
TABLE 10. Global Electric Water Heaters market by region, estimates & forecasts, 2019-2028 (USD Billion)
TABLE 11. Global Electric Water Heaters market by segment, estimates & forecasts, 2019-2028 (USD Billion)
TABLE 12. Global Electric Water Heaters market by region, estimates & forecasts, 2019-2028 (USD Billion)
TABLE 13. Global Electric Water Heaters market by segment, estimates & forecasts, 2019-2028 (USD Billion)
TABLE 14. Global Electric Water Heaters market by region, estimates & forecasts, 2019-2028 (USD Billion)
TABLE 15. U.S. Electric Water Heaters market estimates & forecasts, 2019-2028 (USD Billion)
TABLE 16. U.S. Electric Water Heaters market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 17. U.S. Electric Water Heaters market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 18. Canada Electric Water Heaters market estimates & forecasts, 2019-2028 (USD Billion)
TABLE 19. Canada Electric Water Heaters market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 20. Canada Electric Water Heaters market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 21. UK Electric Water Heaters market estimates & forecasts, 2019-2028 (USD Billion)
TABLE 22. UK Electric Water Heaters market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 23. UK Electric Water Heaters market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 24. Germany Electric Water Heaters market estimates & forecasts, 2019-2028 (USD Billion)
TABLE 25. Germany Electric Water Heaters market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 26. Germany Electric Water Heaters market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 27. RoE Electric Water Heaters market estimates & forecasts, 2019-2028 (USD Billion)
TABLE 28. RoE Electric Water Heaters market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 29. RoE Electric Water Heaters market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 30. China Electric Water Heaters market estimates & forecasts, 2019-2028 (USD Billion)
TABLE 31. China Electric Water Heaters market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 32. China Electric Water Heaters market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 33. India Electric Water Heaters market estimates & forecasts, 2019-2028 (USD Billion)
TABLE 34. India Electric Water Heaters market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 35. India Electric Water Heaters market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 36. Japan Electric Water Heaters market estimates & forecasts, 2019-2028 (USD Billion)
TABLE 37. Japan Electric Water Heaters market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 38. Japan Electric Water Heaters market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 39. RoAPAC Electric Water Heaters market estimates & forecasts, 2019-2028 (USD Billion)
TABLE 40. RoAPAC Electric Water Heaters market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 41. RoAPAC Electric Water Heaters market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 42. Brazil Electric Water Heaters market estimates & forecasts, 2019-2028 (USD Billion)
TABLE 43. Brazil Electric Water Heaters market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 44. Brazil Electric Water Heaters market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 45. Mexico Electric Water Heaters market estimates & forecasts, 2019-2028 (USD Billion)
TABLE 46. Mexico Electric Water Heaters market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 47. Mexico Electric Water Heaters market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 48. RoLA Electric Water Heaters market estimates & forecasts, 2019-2028 (USD Billion)
TABLE 49. RoLA Electric Water Heaters market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 50. RoLA Electric Water Heaters market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 51. Row Electric Water Heaters market estimates & forecasts, 2019-2028 (USD Billion)
TABLE 52. Row Electric Water Heaters market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 53. Row Electric Water Heaters market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 54. List of secondary sources, used in the study of global Electric Water Heaters market
TABLE 55. List of primary sources, used in the study of global Electric Water Heaters market
TABLE 56. Years considered for the study
TABLE 57. Exchange rates considered

LIST OF FIGURES

FIG 1. Global Electric Water Heaters market, research methodology
FIG 2. Global Electric Water Heaters market, market estimation techniques
FIG 3. Global market size estimates & forecast methods
FIG 4. Global Electric Water Heaters market, key trends 2021
FIG 5. Global Electric Water Heaters market, growth prospects 2022-2028
FIG 6. Global Electric Water Heaters market, porters 5 force model
FIG 7. Global Electric Water Heaters market, pest analysis
FIG 8. Global Electric Water Heaters market, value chain analysis
FIG 9. Global Electric Water Heaters market by segment, 2019 & 2028 (USD Billion)
FIG 10. Global Electric Water Heaters market by segment, 2019 & 2028 (USD Billion)
FIG 11. Global Electric Water Heaters market by segment, 2019 & 2028 (USD Billion)
FIG 12. Global Electric Water Heaters market by segment, 2019 & 2028 (USD Billion)
FIG 13. Global Electric Water Heaters market by segment, 2019 & 2028 (USD Billion)
FIG 14. Global Electric Water Heaters market, regional snapshot 2019 & 2028
FIG 15. North America Electric Water Heaters market 2019 & 2028 (USD Billion)
FIG 16. Europe Electric Water Heaters market 2019 & 2028 (USD Billion)
FIG 17. Asia pacific Electric Water Heaters market 2019 & 2028 (USD Billion)
FIG 18. Latin America Electric Water Heaters market 2019 & 2028 (USD Billion)
FIG 19. Global Electric Water Heaters market, company market share analysis (2021)


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