Global Electric Water Heater Market (2019-2025) | Companies, Growth, Analysis, Value, Share, Outlook, Size, Trends, Revenue, Industry & Forecast

The growing tourism industry, the surge in construction of hotels and hospitals, and the growing deployment of the water heater in the residential sector have propelled the growth of the global electric water heater market. Moreover, the growing urban population along with increasing demand for energy-efficient water heaters would lead to a surge in demand for the product over the coming years. However, the rise in electricity prices and high operating costs would hamper the market growth.

According to 6Wresearch, the Global Electric Water Heater Market size is anticipated to register growth during 2019-25. Based on applications, the residential sector captured the majority of the market share in 2018 due to rising disposable income coupled with the increasing urban population. However, the commercial sector is expected to experience substantial growth in the forthcoming years owing to the ongoing construction of several projects in the hospitality sector across the globe.

Asia Pacific region is projected to record substantial growth over the coming years due to the increasing adoption of electric water heaters in residential sectors, especially in emerging countries such as India, China, and Indonesia. Further, increasing company spending on innovative marketing and advertising techniques would push the growth of the electric water heater market in the forthcoming years.

The Global electric water heater market report thoroughly covers the market by products, capacity, applications, regions including North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa, and key countries. The Global electric water heater market outlook report provides an unbiased and detailed analysis of the ongoing global electric water heater market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Global Electric Water Heater Market having trends, growth, analysis, and application. The global electric water heater market estimated to grow more in the forecast period. In the global electric water heater registers. The global electric water heater market having in-depth revenue details, drivers, restraints, opportunities. The key player in the market operating new trends, financials, technologies, key development, and future strategies.

The global electric water heater market is projected to witness sound revenues in the upcoming six years on the back of rising potential growth of commercial and residential sectors. Moreover, the rising growth of various industrial domains such as automotive and aerospace in developed and developing countries globally is estimated to benefit the electric water heaters acquire a prominent share owing to rise in the use in food & beverage industry for varied purpose such as preparing food, cleaning, and sterilization which would proliferate the significant demand for electric water heaters in the market and is expected to boost the exponential growth of global electric water heaters market in the coming years.

The global electric water market is projected to secure tremendous growth in the coming timeframe backed by the rising growth of the hospitality sector, especially in Southeast Asian countries. As the rising tourist influx and foreign delegation rate from a business perspective have led to increased development of the hotel's infrastructure which would act as a major contributor to the electric water growth due to the rising installation rate. Further, the growing population base also impacting positively towards the market growth as by an increase in the installment rate of electric vehicles and is estimated to bolster the growth of the global electric vehicles market in the coming years.

Key Highlights of the Report:

• Global Electric Water Heater Market Overview
• Global Electric Water Heater Market Outlook
• Global Electric Water Heater Market Forecast
• Historical Data of Global Electric Water Heater Market Revenues and Volume, for the Period 2015-2018
• Global Electric Water Heater Market Size and Global Electric Water Heater Market Forecast of Revenues and Volume, Until 2025
• Historical Data of Global Electric Water Heater Market Revenues, by Products, for the Period 2015-2018
• Market Size & Forecast of Global Electric Water Heater Market Revenues, by Products, Until 2025
• Historical Data of Global Electric Water Heater Market Revenues, By Applications, for the Period 2015-2018
• Market Size & Forecast of Global Electric Water Heater Market Revenues, By Applications, Until 2025
• Historical Data of Global Electric Water Heater Market Revenues, by Capacity, for the Period 2015-2018
• Market Size & Forecast of Global Electric Water Heater Market Revenues, by Capacity, Until 2025
• Historical Data of North America Electric Water Heater Market Revenues, for the Period 2015-2018
• Market Size & Forecast of North America Electric Water Heater Market Revenues, Until 2025
• Historical Data of Latin America Electric Water Heater Market Revenues, for the Period 2015-2018
• Market Size & Forecast of Latin America Electric Water Heater Market Revenues, Until 2025
• Historical Data of Europe Electric Water Heater Market Revenues, for the Period 2015-2018
• Market Size & Forecast of Europe Electric Water Heater Market Revenues, Until 2025
• Historical Data of APAC Electric Water Heater Market Revenues, for the Period 2015-2018
• Market Size & Forecast of APAC Electric Water Heater Market Revenues, Until 2025
• Historical Data of MEA Electric Water Heater Market Revenues, for the Period 2015-2018
• Market Size & Forecast of MEA Electric Water Heater Market Revenues, Until 2025
• Market Drivers and Restraints
• Global Electric Water Heater Market Price Trends
• Global Electric Water Heater Market Trends and Industry Life Cycle
• Porter’s Five Force Analysis
• Market Opportunity Assessment
• Global Electric Water Heater Market Share, By Players
• Global Electric Water Heater Market Share, By Regions
• Global Electric Water Heater Market Overview on Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations

Markets Covered

The Global Electric Water Heater Market report provides a detailed analysis of the following market segments:

• By-Products:
  • Storage
  • Non-Storage

• By Capacity:
  • Small Water Heater(up to 100lt)
  • Medium Water Heater(100-400lt)
  • Large Water Heater(above 400lt)
• By Applications:
  • Residential
  • Industrial
  • Commercial
• By Regions:
  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • The Middle East and Africa

Other Key Reports Available:

• North America Electric Water Heater Market Report
• Latin America Electric Water Heater Market Report
• Europe Electric Water Heater Market Report
• Asia Pacific Electric Water Heater Market Report
• The Middle East & Africa Electric Water Heater Market Report

Frequently Asked Questions About the Market Study (FAQs):