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Electric Water Heater Market Share

  • Report ID: GMI680
  • Published Date: Oct 2023
  • Report Format: PDF

Electric Water Heater Market Share

Eminent players operating in the Electric water heater industry are:

  • A. O. Smith
  • Ariston Holding N.V.
  • Bosch Thermotechnology Corp.
  • Bradford White Corporation
  • GE Appliances
  • Haier Inc.
  • Racold
  • Rheem Manufacturing Compan
  • Whirlpool Corporation
  • Rinnai Corporation
  • State Industries
  • FERROLI S.p.A
  • Havells India Ltd.
  • Hubbell Heaters
  • Vaillant
  • Nihon Itomic Co., Ltd.
  • Viessmann
  • Watts
  • STIEBEL ELTRON GmbH & Co. KG
  • American Standard Water Heaters
  • Zenith Water Heaters
  • LINUO RITTER INTERNATIONAL CO. LTD.
  • Groupe Atlantic
Authors: Ankit Gupta, Srishti Agarwal

Frequently Asked Questions (FAQ) :

The market size of electric water heater was exceeded USD 22.1 billion in 2022 and is anticipated to cross over USD 33.8 billion by 2032, driven by rising adoption to heat water for various domestic purposes, primarily for bathing, washing, and cleaning.

Demand for storage electric water heaters reached USD 12.4 billion in 2022, proplled by the surge in the number of multi-family & single-family apartments.

residential electric water heater market valuation is projected to surpass USD 23.9 billion by 2032, due to the rapid expansion of the existing grid networks.

Asia Pacific market for electric water heater is expected to witness more than 5.5% from 2023 to 2032, due to the increasing investments toward infrastructure development along with ongoing government mandates to reduce the carbon emissions.

Electric Water Heater Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 27
  • Tables & Figures: 1411
  • Countries covered: 50
  • Pages: 900
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