The Electric Water Heater Market size is expected to grow at an annual average of 5% during 2021-2027. Electric water heaters are equipment that converts electricity into thermal energy using a heating element that increases the temperature of water through a conduction process. Electric water heaters are used for both tank and tankless product types and a detailed overview of these segments is provided in the market study. The market provides detailed information on the utilization of electric water heaters for residential, commercial and industrial use.
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The following segmentation are covered in this report:
By end user
- Residential
- Commercial
- Industrial
By product type
- Tank
- Tankless
By capacity
- Less than 100 liters
- 100 to 400 liters
- More than 400 liters
Company Profile
- Smith
- GE
- Rheem Manufacturing
- Siemens
- Ariston Thermo
- Bajaj Electricals
- Bradford White
- Crompton Greaves
- ELDOMINVEST
- Ferroli
- Haier
- Hubbell
- Noritz
The report covers the following objectives:
- Proliferation and maturation of trade in the global Electric Water Heater Market
- The market share of the global Electric Water Heater Market supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the Electric Water Heater Market
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Electric Water Heater Market
Scope of the report
The research study analyses the Electric Water Heater Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent developments
- Market overview and growth analysis
- Import and export overview
- Volume analysis
- Current market trends and future outlook
- Market opportunistic and attractive investment segment
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Geographic coverage
- North america market size and/or volume
- Latin america market size and/or volume
- Europe market size and/or volume
- Asia-pacific market size and/or volume
- Rest of the world market size and/or volume
Key Questions Answered by Electric Water Heater Market Report
- What was the Electric Water Heater Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027)
- What will be the CAGR of Market during the forecast period (2021-2027)?
- Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
- Which manufacturer/vendor/players in the Electric Water Heater Market was the market leader in 2020?
- Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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