Product Code: ETC5117304 | Publication Date: Nov 2023 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Angola Electric Water Heater Market is likely to experience consistent growth rate gains over the period 2025 to 2029. The growth rate starts at 2.94% in 2025 and reaches 6.07% by 2029.
In the Africa region, the Electric Water Heater market in Angola is projected to expand at a stable growth rate of 4.79% by 2027. The largest economy is Egypt, followed by South Africa, Ethiopia, Algeria and Nigeria.
Angola`s electric water heater market is witnessing significant growth due to the increasing demand for hot water solutions in residential and commercial settings. The market is characterized by a shift towards energy-efficient and smart water heating systems. Factors such as urbanization, improving living standards, and rising construction activities are contributing to the market expansion.
The Angola Electric Water Heater Market is driven by the increasing urbanization and rising disposable incomes, leading to higher demand for modern household appliances. The growth in residential and commercial construction activities and the shift towards energy-efficient water heating solutions also contribute to market expansion. Furthermore, advancements in water heater technology, such as smart and tankless heaters, drive market growth.
The Angola electric water heater market faces obstacles such as fluctuating energy prices and the high cost of electricity, which deter consumers from investing in electric water heaters. Additionally, the market struggles with inadequate infrastructure and distribution networks, leading to limited availability and accessibility of electric water heaters in remote areas. The lack of skilled technicians for installation and maintenance also poses a significant challenge.
To encourage the adoption of energy-efficient appliances, the Angolan government has introduced policies that favor the electric water heater market. Subsidies and rebates for consumers purchasing energy-efficient electric water heaters are part of these measures. The government has also set efficiency standards that manufacturers must meet, ensuring that new products entering the market are environmentally friendly. Additionally, initiatives to expand the electricity grid to rural areas are expected to drive demand for electric water heaters, supporting market growth.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Angola Electric Water Heater Market Overview |
3.1 Angola Country Macro Economic Indicators |
3.2 Angola Electric Water Heater Market Revenues & Volume, 2021 & 2031F |
3.3 Angola Electric Water Heater Market - Industry Life Cycle |
3.4 Angola Electric Water Heater Market - Porter's Five Forces |
3.5 Angola Electric Water Heater Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Angola Electric Water Heater Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Angola Electric Water Heater Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Angola Electric Water Heater Market Trends |
6 Angola Electric Water Heater Market Segmentations |
6.1 Angola Electric Water Heater Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Angola Electric Water Heater Market Revenues & Volume, By Tankless Water Heater, 2021-2031F |
6.1.3 Angola Electric Water Heater Market Revenues & Volume, By Storage Water Heater, 2021-2031F |
6.2 Angola Electric Water Heater Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Angola Electric Water Heater Market Revenues & Volume, By Residential, 2021-2031F |
6.2.3 Angola Electric Water Heater Market Revenues & Volume, By Commercial, 2021-2031F |
6.2.4 Angola Electric Water Heater Market Revenues & Volume, By Industrial, 2021-2031F |
7 Angola Electric Water Heater Market Import-Export Trade Statistics |
7.1 Angola Electric Water Heater Market Export to Major Countries |
7.2 Angola Electric Water Heater Market Imports from Major Countries |
8 Angola Electric Water Heater Market Key Performance Indicators |
9 Angola Electric Water Heater Market - Opportunity Assessment |
9.1 Angola Electric Water Heater Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Angola Electric Water Heater Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Angola Electric Water Heater Market - Competitive Landscape |
10.1 Angola Electric Water Heater Market Revenue Share, By Companies, 2024 |
10.2 Angola Electric Water Heater Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |