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Global Electric Water Heaters Market Research Report 2025(Status and Outlook)

Publisher Bosson Research
Published Nov 04, 2025
Length 166 Pages
SKU # BOSS20730264

Description

Report Overview

Electric Water Heaters refers to electricity as an energy source for heating water heater.

The global Electric Water Heaters market size was estimated at USD 8384.0 million in 2024 and is projected to grow at a compound annual growth rate (CAGR) of 0.05% during the forecast period.

This report provides a deep insight into the global Electric Water Heaters market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Electric Water Heaters Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Electric Water Heaters market in any manner.

Global Electric Water Heaters Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

A.O. Smith

GE

Rheem Manufacturing

Siemens

Ariston Thermo

Bajaj Electricals

Bradford White

Crompton Greaves

ELDOMINVEST

Ferroli

Haier

Hubbell

Noritz

Vanward Electric

Stiebel Eltron

Bosch

Eemax

Atmor

Eccotemp Systems

Drakken

Midea Group

Market Segmentation (by Type)

Storage

Non-storage

Market Segmentation (by Application)

Commercial

Residential

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Electric Water Heaters Market

Overview of the regional outlook of the Electric Water Heaters Market:

Chapter Outline

Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.

Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the Electric Water Heaters Market and its likely evolution in the short to mid-term, and long term.

Chapter 3 makes a detailed analysis of the market's competitive landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.

Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.

Chapter 5 introduces the latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.

Chapter 9 shares the main producing countries of Electric Water Heaters, their output value, profit level, regional supply, production capacity layout, etc. from the supply side.

Chapter 10 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.

Chapter 11 provides a quantitative analysis of the market size and development potential of each region in the next five years.

Chapter 12 provides a quantitative analysis of the market size and development potential of each market segment in the next five years.

Chapter 13 is the main points and conclusions of the report.

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors

You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents

The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly

Provision of market value data for each segment and sub-segment

Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market

Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region

Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled

Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players

The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions

Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis

Provides insight into the market through Value Chain

Market dynamics scenario, along with growth opportunities of the market in the years to come

Table of Contents

166 Pages
1 Research Methodology and Statistical Scope
1.1 Market Definition and Statistical Scope of Electric Water Heaters
1.2 Key Market Segments
1.2.1 Electric Water Heaters Segment by Type
1.2.2 Electric Water Heaters Segment by Application
1.3 Methodology & Sources of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown and Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 Electric Water Heaters Market Overview
2.1 Global Market Overview
2.1.1 Global Electric Water Heaters Market Size (M USD) Estimates and Forecasts (2020-2033)
2.1.2 Global Electric Water Heaters Sales Estimates and Forecasts (2020-2033)
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
3 Electric Water Heaters Market Competitive Landscape
3.1 Company Assessment Quadrant
3.2 Global Electric Water Heaters Product Life Cycle
3.3 Global Electric Water Heaters Sales by Manufacturers (2020-2025)
3.4 Global Electric Water Heaters Revenue Market Share by Manufacturers (2020-2025)
3.5 Electric Water Heaters Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.6 Global Electric Water Heaters Average Price by Manufacturers (2020-2025)
3.7 Manufacturers’ Manufacturing Sites, Areas Served, and Product Types
3.8 Electric Water Heaters Market Competitive Situation and Trends
3.8.1 Electric Water Heaters Market Concentration Rate
3.8.2 Global 5 and 10 Largest Electric Water Heaters Players Market Share by Revenue
3.8.3 Mergers & Acquisitions, Expansion
4 Electric Water Heaters Industry Chain Analysis
4.1 Electric Water Heaters Industry Chain Analysis
4.2 Market Overview of Key Raw Materials
4.3 Midstream Market Analysis
4.4 Downstream Customer Analysis
5 The Development and Dynamics of Electric Water Heaters Market
5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Industry News
5.4.1 New Product Developments
5.4.2 Mergers & Acquisitions
5.4.3 Expansions
5.4.4 Collaboration/Supply Contracts
5.5 PEST Analysis
5.5.1 Industry Policies Analysis
5.5.2 Economic Environment Analysis
5.5.3 Social Environment Analysis
5.5.4 Technological Environment Analysis
5.6 Global Electric Water Heaters Market Porter's Five Forces Analysis
5.6.1 Global Trade Frictions
5.6.2 U.S. Tariff Policy – April 2025
5.6.3 Global Trade Frictions and Their Impacts to Electric Water Heaters Market
5.7 ESG Ratings of Leading Companies
6 Electric Water Heaters Market Segmentation by Type
6.1 Evaluation Matrix of Segment Market Development Potential (Type)
6.2 Global Electric Water Heaters Sales Market Share by Type (2020-2025)
6.3 Global Electric Water Heaters Market Size Market Share by Type (2020-2025)
6.4 Global Electric Water Heaters Price by Type (2020-2025)
7 Electric Water Heaters Market Segmentation by Application
7.1 Evaluation Matrix of Segment Market Development Potential (Application)
7.2 Global Electric Water Heaters Market Sales by Application (2020-2025)
7.3 Global Electric Water Heaters Market Size (M USD) by Application (2020-2025)
7.4 Global Electric Water Heaters Sales Growth Rate by Application (2020-2025)
8 Electric Water Heaters Market Sales by Region
8.1 Global Electric Water Heaters Sales by Region
8.1.1 Global Electric Water Heaters Sales by Region
8.1.2 Global Electric Water Heaters Sales Market Share by Region
8.2 Global Electric Water Heaters Market Size by Region
8.2.1 Global Electric Water Heaters Market Size by Region
8.2.2 Global Electric Water Heaters Market Size Market Share by Region
8.3 North America
8.3.1 North America Electric Water Heaters Sales by Country
8.3.2 North America Electric Water Heaters Market Size by Country
8.3.3 U.S. Market Overview
8.3.4 Canada Market Overview
8.3.5 Mexico Market Overview
8.4 Europe
8.4.1 Europe Electric Water Heaters Sales by Country
8.4.2 Europe Electric Water Heaters Market Size by Country
8.4.3 Germany Market Overview
8.4.4 France Market Overview
8.4.5 U.K. Market Overview
8.4.6 Italy Market Overview
8.4.7 Spain Market Overview
8.5 Asia Pacific
8.5.1 Asia Pacific Electric Water Heaters Sales by Region
8.5.2 Asia Pacific Electric Water Heaters Market Size by Region
8.5.3 China Market Overview
8.5.4 Japan Market Overview
8.5.5 South Korea Market Overview
8.5.6 India Market Overview
8.5.7 Southeast Asia Market Overview
8.6 South America
8.6.1 South America Electric Water Heaters Sales by Country
8.6.2 South America Electric Water Heaters Market Size by Country
8.6.3 Brazil Market Overview
8.6.4 Argentina Market Overview
8.6.5 Columbia Market Overview
8.7 Middle East and Africa
8.7.1 Middle East and Africa Electric Water Heaters Sales by Region
8.7.2 Middle East and Africa Electric Water Heaters Market Size by Region
8.7.3 Saudi Arabia Market Overview
8.7.4 UAE Market Overview
8.7.5 Egypt Market Overview
8.7.6 Nigeria Market Overview
8.7.7 South Africa Market Overview
9 Electric Water Heaters Market Production by Region
9.1 Global Production of Electric Water Heaters by Region(2020-2025)
9.2 Global Electric Water Heaters Revenue Market Share by Region (2020-2025)
9.3 Global Electric Water Heaters Production, Revenue, Price and Gross Margin (2020-2025)
9.4 North America Electric Water Heaters Production
9.4.1 North America Electric Water Heaters Production Growth Rate (2020-2025)
9.4.2 North America Electric Water Heaters Production, Revenue, Price and Gross Margin (2020-2025)
9.5 Europe Electric Water Heaters Production
9.5.1 Europe Electric Water Heaters Production Growth Rate (2020-2025)
9.5.2 Europe Electric Water Heaters Production, Revenue, Price and Gross Margin (2020-2025)
9.6 Japan Electric Water Heaters Production (2020-2025)
9.6.1 Japan Electric Water Heaters Production Growth Rate (2020-2025)
9.6.2 Japan Electric Water Heaters Production, Revenue, Price and Gross Margin (2020-2025)
9.7 China Electric Water Heaters Production (2020-2025)
9.7.1 China Electric Water Heaters Production Growth Rate (2020-2025)
9.7.2 China Electric Water Heaters Production, Revenue, Price and Gross Margin (2020-2025)
10 Key Companies Profile
10.1 A.O. Smith
10.1.1 A.O. Smith Basic Information
10.1.2 A.O. Smith Electric Water Heaters Product Overview
10.1.3 A.O. Smith Electric Water Heaters Product Market Performance
10.1.4 A.O. Smith Business Overview
10.1.5 A.O. Smith SWOT Analysis
10.1.6 A.O. Smith Recent Developments
10.2 GE
10.2.1 GE Basic Information
10.2.2 GE Electric Water Heaters Product Overview
10.2.3 GE Electric Water Heaters Product Market Performance
10.2.4 GE Business Overview
10.2.5 GE SWOT Analysis
10.2.6 GE Recent Developments
10.3 Rheem Manufacturing
10.3.1 Rheem Manufacturing Basic Information
10.3.2 Rheem Manufacturing Electric Water Heaters Product Overview
10.3.3 Rheem Manufacturing Electric Water Heaters Product Market Performance
10.3.4 Rheem Manufacturing Business Overview
10.3.5 Rheem Manufacturing SWOT Analysis
10.3.6 Rheem Manufacturing Recent Developments
10.4 Siemens
10.4.1 Siemens Basic Information
10.4.2 Siemens Electric Water Heaters Product Overview
10.4.3 Siemens Electric Water Heaters Product Market Performance
10.4.4 Siemens Business Overview
10.4.5 Siemens Recent Developments
10.5 Ariston Thermo
10.5.1 Ariston Thermo Basic Information
10.5.2 Ariston Thermo Electric Water Heaters Product Overview
10.5.3 Ariston Thermo Electric Water Heaters Product Market Performance
10.5.4 Ariston Thermo Business Overview
10.5.5 Ariston Thermo Recent Developments
10.6 Bajaj Electricals
10.6.1 Bajaj Electricals Basic Information
10.6.2 Bajaj Electricals Electric Water Heaters Product Overview
10.6.3 Bajaj Electricals Electric Water Heaters Product Market Performance
10.6.4 Bajaj Electricals Business Overview
10.6.5 Bajaj Electricals Recent Developments
10.7 Bradford White
10.7.1 Bradford White Basic Information
10.7.2 Bradford White Electric Water Heaters Product Overview
10.7.3 Bradford White Electric Water Heaters Product Market Performance
10.7.4 Bradford White Business Overview
10.7.5 Bradford White Recent Developments
10.8 Crompton Greaves
10.8.1 Crompton Greaves Basic Information
10.8.2 Crompton Greaves Electric Water Heaters Product Overview
10.8.3 Crompton Greaves Electric Water Heaters Product Market Performance
10.8.4 Crompton Greaves Business Overview
10.8.5 Crompton Greaves Recent Developments
10.9 ELDOMINVEST
10.9.1 ELDOMINVEST Basic Information
10.9.2 ELDOMINVEST Electric Water Heaters Product Overview
10.9.3 ELDOMINVEST Electric Water Heaters Product Market Performance
10.9.4 ELDOMINVEST Business Overview
10.9.5 ELDOMINVEST Recent Developments
10.10 Ferroli
10.10.1 Ferroli Basic Information
10.10.2 Ferroli Electric Water Heaters Product Overview
10.10.3 Ferroli Electric Water Heaters Product Market Performance
10.10.4 Ferroli Business Overview
10.10.5 Ferroli Recent Developments
10.11 Haier
10.11.1 Haier Basic Information
10.11.2 Haier Electric Water Heaters Product Overview
10.11.3 Haier Electric Water Heaters Product Market Performance
10.11.4 Haier Business Overview
10.11.5 Haier Recent Developments
10.12 Hubbell
10.12.1 Hubbell Basic Information
10.12.2 Hubbell Electric Water Heaters Product Overview
10.12.3 Hubbell Electric Water Heaters Product Market Performance
10.12.4 Hubbell Business Overview
10.12.5 Hubbell Recent Developments
10.13 Noritz
10.13.1 Noritz Basic Information
10.13.2 Noritz Electric Water Heaters Product Overview
10.13.3 Noritz Electric Water Heaters Product Market Performance
10.13.4 Noritz Business Overview
10.13.5 Noritz Recent Developments
10.14 Vanward Electric
10.14.1 Vanward Electric Basic Information
10.14.2 Vanward Electric Electric Water Heaters Product Overview
10.14.3 Vanward Electric Electric Water Heaters Product Market Performance
10.14.4 Vanward Electric Business Overview
10.14.5 Vanward Electric Recent Developments
10.15 Stiebel Eltron
10.15.1 Stiebel Eltron Basic Information
10.15.2 Stiebel Eltron Electric Water Heaters Product Overview
10.15.3 Stiebel Eltron Electric Water Heaters Product Market Performance
10.15.4 Stiebel Eltron Business Overview
10.15.5 Stiebel Eltron Recent Developments
10.16 Bosch
10.16.1 Bosch Basic Information
10.16.2 Bosch Electric Water Heaters Product Overview
10.16.3 Bosch Electric Water Heaters Product Market Performance
10.16.4 Bosch Business Overview
10.16.5 Bosch Recent Developments
10.17 Eemax
10.17.1 Eemax Basic Information
10.17.2 Eemax Electric Water Heaters Product Overview
10.17.3 Eemax Electric Water Heaters Product Market Performance
10.17.4 Eemax Business Overview
10.17.5 Eemax Recent Developments
10.18 Atmor
10.18.1 Atmor Basic Information
10.18.2 Atmor Electric Water Heaters Product Overview
10.18.3 Atmor Electric Water Heaters Product Market Performance
10.18.4 Atmor Business Overview
10.18.5 Atmor Recent Developments
10.19 Eccotemp Systems
10.19.1 Eccotemp Systems Basic Information
10.19.2 Eccotemp Systems Electric Water Heaters Product Overview
10.19.3 Eccotemp Systems Electric Water Heaters Product Market Performance
10.19.4 Eccotemp Systems Business Overview
10.19.5 Eccotemp Systems Recent Developments
10.20 Drakken
10.20.1 Drakken Basic Information
10.20.2 Drakken Electric Water Heaters Product Overview
10.20.3 Drakken Electric Water Heaters Product Market Performance
10.20.4 Drakken Business Overview
10.20.5 Drakken Recent Developments
10.21 Midea Group
10.21.1 Midea Group Basic Information
10.21.2 Midea Group Electric Water Heaters Product Overview
10.21.3 Midea Group Electric Water Heaters Product Market Performance
10.21.4 Midea Group Business Overview
10.21.5 Midea Group Recent Developments
11 Electric Water Heaters Market Forecast by Region
11.1 Global Electric Water Heaters Market Size Forecast
11.2 Global Electric Water Heaters Market Forecast by Region
11.2.1 North America Market Size Forecast by Country
11.2.2 Europe Electric Water Heaters Market Size Forecast by Country
11.2.3 Asia Pacific Electric Water Heaters Market Size Forecast by Region
11.2.4 South America Electric Water Heaters Market Size Forecast by Country
11.2.5 Middle East and Africa Forecasted Sales of Electric Water Heaters by Country
12 Forecast Market by Type and by Application (2026-2033)
12.1 Global Electric Water Heaters Market Forecast by Type (2026-2033)
12.1.1 Global Forecasted Sales of Electric Water Heaters by Type (2026-2033)
12.1.2 Global Electric Water Heaters Market Size Forecast by Type (2026-2033)
12.1.3 Global Forecasted Price of Electric Water Heaters by Type (2026-2033)
12.2 Global Electric Water Heaters Market Forecast by Application (2026-2033)
12.2.1 Global Electric Water Heaters Sales (K Units) Forecast by Application
12.2.2 Global Electric Water Heaters Market Size (M USD) Forecast by Application (2026-2033)
13 Conclusion and Key Findings
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