| Product Code: ETC11852503 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
In 2024, Cyprus continued to rely on imports of electric water heaters, with top exporters being China, Greece, UK, South Korea, and Hong Kong. Despite a low CAGR of 0.86% from 2020-24, the market experienced a significant decline in growth rate of -17.28% from 2023-24. The high Herfindahl-Hirschman Index (HHI) concentration indicates a competitive market landscape dominated by these key exporting countries. Observing these trends can provide valuable insights for market players looking to navigate the evolving dynamics of the Cyprus electric water heaters sector.

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 Cyprus Electric Water Heaters Market Overview |
3.1 Cyprus Country Macro Economic Indicators |
3.2 Cyprus Electric Water Heaters Market Revenues & Volume, 2021 & 2031F |
3.3 Cyprus Electric Water Heaters Market - Industry Life Cycle |
3.4 Cyprus Electric Water Heaters Market - Porter's Five Forces |
3.5 Cyprus Electric Water Heaters Market Revenues & Volume Share, By Heater Type, 2021 & 2031F |
3.6 Cyprus Electric Water Heaters Market Revenues & Volume Share, By Features, 2021 & 2031F |
3.7 Cyprus Electric Water Heaters Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Cyprus Electric Water Heaters Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.9 Cyprus Electric Water Heaters Market Revenues & Volume Share, By Power Rating, 2021 & 2031F |
4 Cyprus Electric Water Heaters Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cyprus Electric Water Heaters Market Trends |
6 Cyprus Electric Water Heaters Market, By Types |
6.1 Cyprus Electric Water Heaters Market, By Heater Type |
6.1.1 Overview and Analysis |
6.1.2 Cyprus Electric Water Heaters Market Revenues & Volume, By Heater Type, 2021 - 2031F |
6.1.3 Cyprus Electric Water Heaters Market Revenues & Volume, By Storage Water Heater, 2021 - 2031F |
6.1.4 Cyprus Electric Water Heaters Market Revenues & Volume, By Instant Water Heater, 2021 - 2031F |
6.1.5 Cyprus Electric Water Heaters Market Revenues & Volume, By Solar Hybrid Water Heater, 2021 - 2031F |
6.1.6 Cyprus Electric Water Heaters Market Revenues & Volume, By Tankless Water Heater, 2021 - 2031F |
6.2 Cyprus Electric Water Heaters Market, By Features |
6.2.1 Overview and Analysis |
6.2.2 Cyprus Electric Water Heaters Market Revenues & Volume, By Large Capacity, 2021 - 2031F |
6.2.3 Cyprus Electric Water Heaters Market Revenues & Volume, By Fast Heating, 2021 - 2031F |
6.2.4 Cyprus Electric Water Heaters Market Revenues & Volume, By Energy Efficient, 2021 - 2031F |
6.2.5 Cyprus Electric Water Heaters Market Revenues & Volume, By Space-Saving, 2021 - 2031F |
6.3 Cyprus Electric Water Heaters Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Cyprus Electric Water Heaters Market Revenues & Volume, By Residential, 2021 - 2031F |
6.3.3 Cyprus Electric Water Heaters Market Revenues & Volume, By Commercial Use, 2021 - 2031F |
6.3.4 Cyprus Electric Water Heaters Market Revenues & Volume, By Off-Grid Locations, 2021 - 2031F |
6.3.5 Cyprus Electric Water Heaters Market Revenues & Volume, By Apartments, 2021 - 2031F |
6.4 Cyprus Electric Water Heaters Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Cyprus Electric Water Heaters Market Revenues & Volume, By Homeowners, 2021 - 2031F |
6.4.3 Cyprus Electric Water Heaters Market Revenues & Volume, By Hotels & Restaurants, 2021 - 2031F |
6.4.4 Cyprus Electric Water Heaters Market Revenues & Volume, By Rural Households, 2021 - 2031F |
6.4.5 Cyprus Electric Water Heaters Market Revenues & Volume, By Urban Dwellers, 2021 - 2031F |
6.5 Cyprus Electric Water Heaters Market, By Power Rating |
6.5.1 Overview and Analysis |
6.5.2 Cyprus Electric Water Heaters Market Revenues & Volume, By 1-5 kW, 2021 - 2031F |
6.5.3 Cyprus Electric Water Heaters Market Revenues & Volume, By 3-10 kW, 2021 - 2031F |
6.5.4 Cyprus Electric Water Heaters Market Revenues & Volume, By 5-20 kW, 2021 - 2031F |
6.5.5 Cyprus Electric Water Heaters Market Revenues & Volume, By 3-12 kW, 2021 - 2031F |
7 Cyprus Electric Water Heaters Market Import-Export Trade Statistics |
7.1 Cyprus Electric Water Heaters Market Export to Major Countries |
7.2 Cyprus Electric Water Heaters Market Imports from Major Countries |
8 Cyprus Electric Water Heaters Market Key Performance Indicators |
9 Cyprus Electric Water Heaters Market - Opportunity Assessment |
9.1 Cyprus Electric Water Heaters Market Opportunity Assessment, By Heater Type, 2021 & 2031F |
9.2 Cyprus Electric Water Heaters Market Opportunity Assessment, By Features, 2021 & 2031F |
9.3 Cyprus Electric Water Heaters Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Cyprus Electric Water Heaters Market Opportunity Assessment, By End User, 2021 & 2031F |
9.5 Cyprus Electric Water Heaters Market Opportunity Assessment, By Power Rating, 2021 & 2031F |
10 Cyprus Electric Water Heaters Market - Competitive Landscape |
10.1 Cyprus Electric Water Heaters Market Revenue Share, By Companies, 2024 |
10.2 Cyprus Electric Water Heaters Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |