Product Code: ETC5117344 | 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 Gabon Electric Water Heater Market is projected to witness mixed growth rate patterns during 2025 to 2029. Growth accelerates to 5.72% in 2028, following an initial rate of 3.93%, before easing to 4.66% at the end of the period.
By 2027, Gabon's Electric Water Heater market is forecasted to achieve a growing growth rate of 5.56%, with Egypt leading the Africa region, followed by South Africa, Ethiopia, Algeria and Nigeria.
The electric water heater market in Gabon is experiencing growth as consumers seek more energy-efficient and cost-effective solutions for heating water. Electric water heaters are widely used in homes, businesses, and hotels for hot water production due to their ease of use, relatively low installation costs, and energy efficiency. As the countrys population grows and the demand for modern household appliances increases, the electric water heater market in Gabon is expected to continue expanding, particularly as energy-saving technologies improve.
The Gabon Electric Water Heater market is witnessing growth as more consumers seek efficient and reliable solutions for water heating. Electric water heaters are increasingly popular due to their ease of installation, cost-effectiveness, and energy efficiency. As urbanization increases in Gabon, with a growing middle class and rising demand for modern household appliances, electric water heaters are becoming a preferred choice for residential and commercial applications. Additionally, the focus on improving energy efficiency and reducing energy consumption is driving the demand for advanced, energy-efficient water heaters.
The Gabon Electric Water Heater market is limited by relatively high energy costs and a preference for traditional heating methods. Additionally, the lack of awareness regarding the energy efficiency of electric water heaters hinders market growth.
The Gabon government supports energy-efficient technologies, which could benefit the electric water heater market. However, a lack of regulations specifically promoting energy-efficient appliances slows growth in this market.
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 Gabon Electric Water Heater Market Overview |
3.1 Gabon Country Macro Economic Indicators |
3.2 Gabon Electric Water Heater Market Revenues & Volume, 2021 & 2031F |
3.3 Gabon Electric Water Heater Market - Industry Life Cycle |
3.4 Gabon Electric Water Heater Market - Porter's Five Forces |
3.5 Gabon Electric Water Heater Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Gabon Electric Water Heater Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Gabon Electric Water Heater Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Gabon Electric Water Heater Market Trends |
6 Gabon Electric Water Heater Market Segmentations |
6.1 Gabon Electric Water Heater Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Gabon Electric Water Heater Market Revenues & Volume, By Tankless Water Heater, 2021-2031F |
6.1.3 Gabon Electric Water Heater Market Revenues & Volume, By Storage Water Heater, 2021-2031F |
6.2 Gabon Electric Water Heater Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Gabon Electric Water Heater Market Revenues & Volume, By Residential, 2021-2031F |
6.2.3 Gabon Electric Water Heater Market Revenues & Volume, By Commercial, 2021-2031F |
6.2.4 Gabon Electric Water Heater Market Revenues & Volume, By Industrial, 2021-2031F |
7 Gabon Electric Water Heater Market Import-Export Trade Statistics |
7.1 Gabon Electric Water Heater Market Export to Major Countries |
7.2 Gabon Electric Water Heater Market Imports from Major Countries |
8 Gabon Electric Water Heater Market Key Performance Indicators |
9 Gabon Electric Water Heater Market - Opportunity Assessment |
9.1 Gabon Electric Water Heater Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Gabon Electric Water Heater Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Gabon Electric Water Heater Market - Competitive Landscape |
10.1 Gabon Electric Water Heater Market Revenue Share, By Companies, 2024 |
10.2 Gabon Electric Water Heater Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |