Electric Water Heaters refers to electricity as an energy source for heating water heater.
Increasing government initiatives to improve rural infrastructure and uninterrupted electricity availability in these areas is expected to provide new opportunities to market growth.
Market Analysis and Insights: Global Electric Water Heaters Market
The global Electric Water Heaters market was valued at US$ 20190 in 2020 and will reach US$ 29140 million by the end of 2027, growing at a CAGR of 6.3% during 2022-2027.
Global Electric Water Heaters Scope and Market Size
The global Electric Water Heaters market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Electric Water Heaters market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.
Segment by Type
Storage
Non-storage
Segment by Application
Commercial
Residential
The Electric Water Heaters market is analysed and market size information is provided by regions (countries). Segment by Application, the Electric Water Heaters market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.
By 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
Increasing government initiatives to improve rural infrastructure and uninterrupted electricity availability in these areas is expected to provide new opportunities to market growth.
Market Analysis and Insights: Global Electric Water Heaters Market
The global Electric Water Heaters market was valued at US$ 20190 in 2020 and will reach US$ 29140 million by the end of 2027, growing at a CAGR of 6.3% during 2022-2027.
Global Electric Water Heaters Scope and Market Size
The global Electric Water Heaters market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Electric Water Heaters market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.
Segment by Type
Storage
Non-storage
Segment by Application
Commercial
Residential
The Electric Water Heaters market is analysed and market size information is provided by regions (countries). Segment by Application, the Electric Water Heaters market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.
By 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
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.