| Product Code: ETC11852561 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
Norway continues to see significant import shipments of electric water heaters in 2024, with China, Germany, Sweden, Switzerland, and the UK leading the way as top exporting countries. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, while the impressive compound annual growth rate (CAGR) of 10.86% from 2020 to 2024 highlights a strong and consistent demand. Furthermore, the growth rate of 10.35% from 2023 to 2024 suggests sustained momentum in the market, making it an attractive sector for manufacturers and investors alike.

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 Norway Electric Water Heaters Market Overview |
3.1 Norway Country Macro Economic Indicators |
3.2 Norway Electric Water Heaters Market Revenues & Volume, 2021 & 2031F |
3.3 Norway Electric Water Heaters Market - Industry Life Cycle |
3.4 Norway Electric Water Heaters Market - Porter's Five Forces |
3.5 Norway Electric Water Heaters Market Revenues & Volume Share, By Heater Type, 2021 & 2031F |
3.6 Norway Electric Water Heaters Market Revenues & Volume Share, By Features, 2021 & 2031F |
3.7 Norway Electric Water Heaters Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Norway Electric Water Heaters Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.9 Norway Electric Water Heaters Market Revenues & Volume Share, By Power Rating, 2021 & 2031F |
4 Norway Electric Water Heaters Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness towards energy efficiency and sustainability. |
4.2.2 Government initiatives promoting the adoption of electric water heaters. |
4.2.3 Growing demand for smart and connected home appliances. |
4.3 Market Restraints |
4.3.1 High initial cost of electric water heaters compared to traditional models. |
4.3.2 Limited availability of skilled technicians for installation and maintenance. |
4.3.3 Fluctuating prices of electricity impacting the operating costs of electric water heaters. |
5 Norway Electric Water Heaters Market Trends |
6 Norway Electric Water Heaters Market, By Types |
6.1 Norway Electric Water Heaters Market, By Heater Type |
6.1.1 Overview and Analysis |
6.1.2 Norway Electric Water Heaters Market Revenues & Volume, By Heater Type, 2021 - 2031F |
6.1.3 Norway Electric Water Heaters Market Revenues & Volume, By Storage Water Heater, 2021 - 2031F |
6.1.4 Norway Electric Water Heaters Market Revenues & Volume, By Instant Water Heater, 2021 - 2031F |
6.1.5 Norway Electric Water Heaters Market Revenues & Volume, By Solar Hybrid Water Heater, 2021 - 2031F |
6.1.6 Norway Electric Water Heaters Market Revenues & Volume, By Tankless Water Heater, 2021 - 2031F |
6.2 Norway Electric Water Heaters Market, By Features |
6.2.1 Overview and Analysis |
6.2.2 Norway Electric Water Heaters Market Revenues & Volume, By Large Capacity, 2021 - 2031F |
6.2.3 Norway Electric Water Heaters Market Revenues & Volume, By Fast Heating, 2021 - 2031F |
6.2.4 Norway Electric Water Heaters Market Revenues & Volume, By Energy Efficient, 2021 - 2031F |
6.2.5 Norway Electric Water Heaters Market Revenues & Volume, By Space-Saving, 2021 - 2031F |
6.3 Norway Electric Water Heaters Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Norway Electric Water Heaters Market Revenues & Volume, By Residential, 2021 - 2031F |
6.3.3 Norway Electric Water Heaters Market Revenues & Volume, By Commercial Use, 2021 - 2031F |
6.3.4 Norway Electric Water Heaters Market Revenues & Volume, By Off-Grid Locations, 2021 - 2031F |
6.3.5 Norway Electric Water Heaters Market Revenues & Volume, By Apartments, 2021 - 2031F |
6.4 Norway Electric Water Heaters Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Norway Electric Water Heaters Market Revenues & Volume, By Homeowners, 2021 - 2031F |
6.4.3 Norway Electric Water Heaters Market Revenues & Volume, By Hotels & Restaurants, 2021 - 2031F |
6.4.4 Norway Electric Water Heaters Market Revenues & Volume, By Rural Households, 2021 - 2031F |
6.4.5 Norway Electric Water Heaters Market Revenues & Volume, By Urban Dwellers, 2021 - 2031F |
6.5 Norway Electric Water Heaters Market, By Power Rating |
6.5.1 Overview and Analysis |
6.5.2 Norway Electric Water Heaters Market Revenues & Volume, By 1-5 kW, 2021 - 2031F |
6.5.3 Norway Electric Water Heaters Market Revenues & Volume, By 3-10 kW, 2021 - 2031F |
6.5.4 Norway Electric Water Heaters Market Revenues & Volume, By 5-20 kW, 2021 - 2031F |
6.5.5 Norway Electric Water Heaters Market Revenues & Volume, By 3-12 kW, 2021 - 2031F |
7 Norway Electric Water Heaters Market Import-Export Trade Statistics |
7.1 Norway Electric Water Heaters Market Export to Major Countries |
7.2 Norway Electric Water Heaters Market Imports from Major Countries |
8 Norway Electric Water Heaters Market Key Performance Indicators |
8.1 Energy efficiency ratings of electric water heaters. |
8.2 Percentage of households using electric water heaters. |
8.3 Number of government subsidies or incentives for electric water heater installations. |
8.4 Growth in demand for smart electric water heaters. |
8.5 Average lifespan of electric water heaters in the market. |
9 Norway Electric Water Heaters Market - Opportunity Assessment |
9.1 Norway Electric Water Heaters Market Opportunity Assessment, By Heater Type, 2021 & 2031F |
9.2 Norway Electric Water Heaters Market Opportunity Assessment, By Features, 2021 & 2031F |
9.3 Norway Electric Water Heaters Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Norway Electric Water Heaters Market Opportunity Assessment, By End User, 2021 & 2031F |
9.5 Norway Electric Water Heaters Market Opportunity Assessment, By Power Rating, 2021 & 2031F |
10 Norway Electric Water Heaters Market - Competitive Landscape |
10.1 Norway Electric Water Heaters Market Revenue Share, By Companies, 2024 |
10.2 Norway Electric Water Heaters Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |