Global Electric Storage Heater Market Growth 2025-2031

The global Electric Storage Heater market size is predicted to grow from US$ 2434 million in 2025 to US$ 3051 million in 2031; it is expected to grow at a CAGR of 3.8% from 2025 to 2031.

The electric storage heater market is experiencing significant growth and is poised for further expansion in the coming years. Electric storage heaters are heating devices that utilize electricity to generate and store heat during off-peak hours, providing warmth when needed. These heaters are popular for their energy-efficient operation, cost-effectiveness, and ease of installation. The increasing demand for sustainable and efficient heating solutions, government initiatives promoting energy conservation, and the rising focus on reducing carbon emissions are driving the growth of the electric storage heater market. Electric storage heaters offer advantages such as programmable controls, thermal insulation, and the ability to take advantage of lower electricity tariffs during off-peak periods. Furthermore, advancements in technology have led to the development of smart electric storage heaters with features like remote control, adaptive heating algorithms, and integration with home automation systems. As consumers seek energy-efficient and environmentally friendly heating options, the electric storage heater market is expected to witness continuous innovation, improved performance, and increased adoption across residential, commercial, and industrial sectors.

LP Information, Inc. (LPI) ' newest research report, the “Electric Storage Heater Industry Forecast” looks at past sales and reviews total world Electric Storage Heater sales in 2024, providing a comprehensive analysis by region and market sector of projected Electric Storage Heater sales for 2025 through 2031. With Electric Storage Heater sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Electric Storage Heater industry.

This Insight Report provides a comprehensive analysis of the global Electric Storage Heater landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Electric Storage Heater portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Electric Storage Heater market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Electric Storage Heater and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Electric Storage Heater.

This report presents a comprehensive overview, market shares, and growth opportunities of Electric Storage Heater market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Basic Electric Storage Heater
Automatic Electric Storage Heater
Fan-assisted Electric Storage Heater
Combination Electric Storage Heater

Segmentation by Application:
Household
Commercial

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Dimplex
Elnur
Stiebel Eltron
Creda
Sunhouse
Liberty Electric Products
Electric Ireland
Thermotec
Heatstore
Technotherm
Jersey Electricity
Alto Electrical
Vent-Axia
Newlec

Key Questions Addressed in this Report

What is the 10-year outlook for the global Electric Storage Heater market?

What factors are driving Electric Storage Heater market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Electric Storage Heater market opportunities vary by end market size?

How does Electric Storage Heater break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.