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The publisher has been monitoring the electric water heater market and it is poised to grow by $6.80 bn during 2021-2025, progressing at a CAGR of 5.56% during the forecast period. The report on the electric water heater market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by technological innovations in design and higher efficiency and government initiatives promoting energy-efficient water heating solutions.
The electric water heater market analysis includes product, end-user, and distribution channel segments and geographic landscape.
The electric water heater market is segmented as below:
By Product
- Storage electric water heater
- Tankless electric water heater
By End-user
- Residential
- Commercial
By Distribution Channel
- Offline
- Online
By Geographical Landscape
- APAC
- North America
- Europe
- South America
- MEA
This study identifies the increased demand for electric heat pump water heater as one of the prime reasons driving the electric water heater market growth during the next few years.
The report on electric water heater market covers the following areas:
- Electric water heater market sizing
- Electric water heater market forecast
- Electric water heater market industry analysis
The publisher robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading electric water heater market vendors that include A. O. Smith Corp., Ariston Thermo Spa, ATC Electrical and Mechanical Ltd., Bajaj Electricals Ltd., Bandini Scaldabagni SpA, Bradford White Corp., Crompton Greaves Consumer Electricals Ltd., General Electric Co., Haier Smart Home Co. Ltd., and Rinnai Corp. Also, the electric water heater market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
Executive Summary- Market Overview
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2020
- Market outlook: Forecast for 2020 - 2025
Five Forces Analysis
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Product
- Market segments
- Comparison by Product
- Storage electric water heater - Market size and forecast 2020-2025
- Tankless electric water heater - Market size and forecast 2020-2025
- Market opportunity by Product
Market Segmentation by End-user
- Market segments
- Comparison by End-user
- Residential - Market size and forecast 2020-2025
- Commercial - Market size and forecast 2020-2025
- Market opportunity by End-user
Market Segmentation by Distribution channel
- Market segments
- Comparison by Distribution channel
- Offline - Market size and forecast 2020-2025
- Online - Market size and forecast 2020-2025
- Market opportunity by Distribution channel
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2020-2025
- North America - Market size and forecast 2020-2025
- Europe - Market size and forecast 2020-2025
- South America - Market size and forecast 2020-2025
- MEA - Market size and forecast 2020-2025
- Key leading countries
- Market opportunity By Geographical Landscape
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Overview
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- A. O. Smith Corp.
- Ariston Thermo Spa
- ATC Electrical and Mechanical Ltd.
- Bajaj Electricals Ltd.
- Bandini Scaldabagni SpA
- Bradford White Corp.
- Crompton Greaves Consumer Electricals Ltd.
- General Electric Co.
- Haier Smart Home Co. Ltd.
- Rinnai Corp.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
List of Exhibits
- Exhibits 1: Key Finding 1
- Exhibits 2: Key Finding 2
- Exhibits 3: Key Finding 3
- Exhibits 4: Key Finding 5
- Exhibits 5: Key Finding 6
- Exhibits 6: Key Finding 7
- Exhibits 7: Key Finding 8
- Exhibits 8: Key Finding 9
- Exhibits 9: Key Finding 10
- Exhibits 10: Parent market
- Exhibits 11: Market characteristics
- Exhibits 12: Offerings of vendors included in the market definition
- Exhibits 13: Market segments
- Exhibits 14: Global - Market size and forecast 2020 - 2025 ($ million)
- Exhibits 15: Global market: Year-over-year growth 2020 - 2025 (%)
- Exhibits 16: Five forces analysis 2020 & 2025
- Exhibits 17: Bargaining power of buyers
- Exhibits 18: Bargaining power of suppliers
- Exhibits 19: Threat of new entrants
- Exhibits 20: Threat of substitutes
- Exhibits 21: Threat of rivalry
- Exhibits 22: Market condition - Five forces 2020
- Exhibits 23: Product - Market share 2020-2025 (%)
- Exhibits 24: Comparison by Product
- Exhibits 25: Storage electric water heater - Market size and forecast 2020-2025 ($ million)
- Exhibits 26: Storage electric water heater - Year-over-year growth 2020-2025 (%)
- Exhibits 27: Tankless electric water heater - Market size and forecast 2020-2025 ($ million)
- Exhibits 28: Tankless electric water heater - Year-over-year growth 2020-2025 (%)
- Exhibits 29: Market opportunity by Product
- Exhibits 30: End-user - Market share 2020-2025 (%)
- Exhibits 31: Comparison by End-user
- Exhibits 32: Residential - Market size and forecast 2020-2025 ($ million)
- Exhibits 33: Residential - Year-over-year growth 2020-2025 (%)
- Exhibits 34: Commercial - Market size and forecast 2020-2025 ($ million)
- Exhibits 35: Commercial - Year-over-year growth 2020-2025 (%)
- Exhibits 36: Market opportunity by End-user
- Exhibits 37: Distribution channel - Market share 2020-2025 (%)
- Exhibits 38: Comparison by Distribution channel
- Exhibits 39: Offline - Market size and forecast 2020-2025 ($ million)
- Exhibits 40: Offline - Year-over-year growth 2020-2025 (%)
- Exhibits 41: Online - Market size and forecast 2020-2025 ($ million)
- Exhibits 42: Online - Year-over-year growth 2020-2025 (%)
- Exhibits 43: Market opportunity by Distribution channel
- Exhibits 44: Customer landscape
- Exhibits 45: Market share By Geographical Landscape 2020-2025 (%)
- Exhibits 46: Geographic comparison
- Exhibits 47: APAC - Market size and forecast 2020-2025 ($ million)
- Exhibits 48: APAC - Year-over-year growth 2020-2025 (%)
- Exhibits 49: North America - Market size and forecast 2020-2025 ($ million)
- Exhibits 50: North America - Year-over-year growth 2020-2025 (%)
- Exhibits 51: Europe - Market size and forecast 2020-2025 ($ million)
- Exhibits 52: Europe - Year-over-year growth 2020-2025 (%)
- Exhibits 53: South America - Market size and forecast 2020-2025 ($ million)
- Exhibits 54: South America - Year-over-year growth 2020-2025 (%)
- Exhibits 55: MEA - Market size and forecast 2020-2025 ($ million)
- Exhibits 56: MEA - Year-over-year growth 2020-2025 (%)
- Exhibits 57: Key leading countries
- Exhibits 58: Market opportunity By Geographical Landscape ($ million)
- Exhibits 59: Impact of drivers and challenges
- Exhibits 60: Vendor landscape
- Exhibits 61: Landscape disruption
- Exhibits 62: Industry risks
- Exhibits 63: Vendors covered
- Exhibits 64: Market positioning of vendors
- Exhibits 65: A. O. Smith Corp. - Overview
- Exhibits 66: A. O. Smith Corp. - Business segments
- Exhibits 67: A. O. Smith Corp. - Key offerings
- Exhibits 68: A. O. Smith Corp. - Key customers
- Exhibits 69: A. O. Smith Corp. - Segment focus
- Exhibits 70: Ariston Thermo Spa - Overview
- Exhibits 71: Ariston Thermo Spa - Product and service
- Exhibits 72: Ariston Thermo Spa - Key offerings
- Exhibits 73: Ariston Thermo Spa - Key customers
- Exhibits 74: Ariston Thermo Spa - Segment focus
- Exhibits 75: ATC Electrical and Mechanical Ltd. - Overview
- Exhibits 76: ATC Electrical and Mechanical Ltd. - Product and service
- Exhibits 77: ATC Electrical and Mechanical Ltd. - Key offerings
- Exhibits 78: ATC Electrical and Mechanical Ltd. - Key customers
- Exhibits 79: ATC Electrical and Mechanical Ltd. - Segment focus
- Exhibits 80: Bajaj Electricals Ltd. - Overview
- Exhibits 81: Bajaj Electricals Ltd. - Product and service
- Exhibits 82: Bajaj Electricals Ltd. - Key offerings
- Exhibits 83: Bajaj Electricals Ltd. - Key customers
- Exhibits 84: Bajaj Electricals Ltd. - Segment focus
- Exhibits 85: Bandini Scaldabagni SpA - Overview
- Exhibits 86: Bandini Scaldabagni SpA - Product and service
- Exhibits 87: Bandini Scaldabagni SpA - Key offerings
- Exhibits 88: Bandini Scaldabagni SpA - Key customers
- Exhibits 89: Bandini Scaldabagni SpA - Segment focus
- Exhibits 90: Bradford White Corp. - Overview
- Exhibits 91: Bradford White Corp. - Product and service
- Exhibits 92: Bradford White Corp. - Key offerings
- Exhibits 93: Bradford White Corp. - Key customers
- Exhibits 94: Bradford White Corp. - Segment focus
- Exhibits 95: Crompton Greaves Consumer Electricals Ltd. - Overview
- Exhibits 96: Crompton Greaves Consumer Electricals Ltd. - Business segments
- Exhibits 97: Crompton Greaves Consumer Electricals Ltd. - Key offerings
- Exhibits 98: Crompton Greaves Consumer Electricals Ltd. - Key customers
- Exhibits 99: Crompton Greaves Consumer Electricals Ltd. - Segment focus
- Exhibits 100: General Electric Co. - Overview
- Exhibits 101: General Electric Co. - Business segments
- Exhibits 102: General Electric Co. - Key offerings
- Exhibits 103: General Electric Co. - Key customers
- Exhibits 104: General Electric Co. - Segment focus
- Exhibits 105: Haier Smart Home Co. Ltd. - Overview
- Exhibits 106: Haier Smart Home Co. Ltd. - Business segments
- Exhibits 107: Haier Smart Home Co. Ltd. - Key offerings
- Exhibits 108: Haier Smart Home Co. Ltd. - Key customers
- Exhibits 109: Haier Smart Home Co. Ltd. - Segment focus
- Exhibits 110: Rinnai Corp. - Overview
- Exhibits 111: Rinnai Corp. - Business segments
- Exhibits 112: Rinnai Corp. - Key offerings
- Exhibits 113: Rinnai Corp. - Key customers
- Exhibits 114: Rinnai Corp. - Segment focus
- Exhibits 115: Currency conversion rates for US$
- Exhibits 116: Research Methodology
- Exhibits 117: Validation techniques employed for market sizing
- Exhibits 118: Information sources
- Exhibits 119: List of abbreviations
Executive Summary
The publisher recognizes the following companies as the key players in the global electric water heater market: A. O. Smith Corp., Ariston Thermo Spa, ATC Electrical and Mechanical Ltd., Bajaj Electricals Ltd., Bandini Scaldabagni SpA, Bradford White Corp., Crompton Greaves Consumer Electricals Ltd., General Electric Co., Haier Smart Home Co. Ltd., and Rinnai Corp.Commenting on the report, an analyst from the research team said: `The latest trend gaining momentum in the market is increased demand for electric heat pump water heater.`
According to the report, one of the major drivers for this market is the technological innovations in design and higher efficiency.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- A. O. Smith Corp.
- Ariston Thermo Spa
- ATC Electrical and Mechanical Ltd.
- Bajaj Electricals Ltd.
- Bandini Scaldabagni SpA
- Bradford White Corp.
- Crompton Greaves Consumer Electricals Ltd.
- General Electric Co.
- Haier Smart Home Co. Ltd.
- Rinnai Corp.