Global Electric Water Heater Market Size Estimates and Forecasts, by Storage Type (Tank and Tankless/Instantaneous), by End-Use (Residential and Commercial) and by Region (North America, Europe, Asia Pacific and Rest of The World) 2017-2025 (USD Billion and Million Units)

Global electric water heater market was valued approximately USD 15.08 billion in 2016 and is anticipated to grow with 5.9% compound annual growth rate over the forecast period. Electric water heaters are largely installed for household applications such as cooking, washing, bathing, laundry and washing purposes. All the residential applications accounted more than 85% of the total market share in 2016. In a broader scenario, residential sector has been matured in terms of demand & installations, however, commercial places such as hospitals, hotels, restaurants, shopping malls, and public places are likely to spur huge demand over the coming years. This increase in demand from commercial sector is attributed to the factors such as real estate development, development of tankless water heaters, increasing disposable income, and change in preference towards the superior quality of life.

Furthermore, recent technological developments such as hybrid water heaters and air to heat technology are also likely to fuel the demand over the coming eight years. The market has been broadly segmented into storage type, end use and regions. Each of the segment has been further divided as follows:

Storage Type:
Tank
Tankless / Instantaneous

End-Use
Commercial
Residential

Regions:
North America
o U.S.
o Canada
Europe
o UK
o Germany
o France
Asia Pacific
o China
o India
o Japan
Latin America
o Brazil
o Mexico
Rest of the World

Storage type electric water heaters accounted for more than 89% of the total market share in 2016. The advent of automation using IoT and other techniques have provided lucrative growth over the last decade. However, with the development of tankless heating technology, this trend has been swapped. Tankless heaters provide hot water when required, this has omitted the standby energy loss with the tank type heaters. Tankless heaters are highly efficient and are available in various shapes & sizes, which makes them suitable for various point of use applications & places. Owing to such factors tankless water heaters are estimated to grow with the highest CAGR over the forecast period.

Some of the key players involved in the market are; A.O. Smith Corporation, Rheem Manufacturing Company, and Bradford White Corporation. These key players have a strong foothold in the industry due to their wide product offerings and geographical presence. The above-mentioned companies accounted more than 50% of the total market share in 2016. The industry is also experiencing new entrants such as Kenmore and Eemax which are exclusively designing smart tankless water heaters. Further, merger and acquisition is the key strategy adopted by key players, this has enabled them to gain competitive advantages and their hands on recent technological developments. Furthermore, it also helps to increase the sales presence in different regions and countries. For instance, A.O. Smith Corporation has acquired Ohio-based William R. Hague, Inc. this acquisition has helped A.O. Smith to get their access to water softening technology.
Chapter 1. Research Methodology
1.1. Research Process
1.1.1. Data Mining
1.1.2. Analysis
1.1.3. Market Estimation
1.1.4. Validation
1.1.5. Publishing
1.2. Research Assumption
Chapter 2. Global Electric Water Heater Market Definition & Scope
2.1. Objective of The Study
2.2. Market Definition
2.3. Scope of The Study
2.4. Years Considered for The Study
2.5. Currency Conversion Rates
2.6. Report Limitation
Chapter 3. Executive Summary
3.1. Key Trends
3.2. Global & Segmental Market Estimates & Forecasts, 2015-2025 (USD Billion/Million, Million Units)
Chapter 4. Global Electric Water Heater Industry Dynamics
4.1. Growth Prospects
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.2. Industry Analysis
4.2.1. Porters 5 Force Model
4.2.2. PEST Analysis
4.2.3. Value Chain Analysis
4.3. Analyst Recommendation & Conclusion
Chapter 5. Global Electric Water Heater Market by Storage Type
5.1. Market Snapshot
5.2. Electric Water Heater Market, Sub Segment Analysis
5.2.1. Tank
5.2.1.1. Market estimates & forecasts, 2015-2025 (USD Billion/Million, Million Units)
5.2.1.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion/Million, Million Units)
5.2.2. Tankless / instantaneous
5.2.2.1. Market estimates & forecasts, 2015-2025 (USD Billion/Million, Million Units)
5.2.2.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion/Million, Million Units)
Chapter 6. Global Electric Water Heater Market by End-Use
6.1. Market Snapshot
6.2. Electric Water Heater Market, Sub Segment Analysis
6.2.1. Residential
6.2.1.1. Market estimates & forecasts, 2015-2025 (USD Billion/Million, Million Units)
6.2.1.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion/Million, Million Units)
6.2.2. Commercial
6.2.2.1. Market estimates & forecasts, 2015-2025 (USD Billion/Million, Million Units)
6.2.2.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion/Million, Million Units)
Chapter 7. Global Electric Water Heater Market, Regional Analysis
7.1. Electric Water Heater Market, Regional Market Snapshot (2015-2025)
7.2. North America Electric Water Heater Market Snapshot
7.2.1. U.S. Electric Water Heater Market Size Estimates & Forecasts, 2015-2025 (USD Billion/Million, Million Units)
7.2.1.1. Market estimates & forecasts, 2015-2025 (USD Billion/Million, Million Units)
7.2.1.2. Storage Type breakdown estimates & forecasts, 2015-2025 (USD Billion/Million, Million Units)
7.2.1.3. End-Use breakdown estimates & forecasts, 2015-2025 (USD Billion/Million, Million Units)
7.2.2. Canada Electric Water Heater Market Size Estimates & Forecasts, 2015-2025 (USD Billion/Million, Million Units)
7.2.2.1. Market estimates & forecasts, 2015-2025 (USD Billion/Million, Million Units)
7.2.2.2. Storage Type breakdown estimates & forecasts, 2015-2025 (USD Billion/Million, Million Units)
7.2.2.3. End-Use breakdown estimates & forecasts, 2015-2025 (USD Billion/Million, Million Units)
7.3. Europe Electric Water Heater Market Snapshot
7.3.1. U.K. Electric Water Heater Market Size Estimates & Forecasts, 2015-2025 (USD Billion/Million, Million Units)
7.3.1.1. Market estimates & forecasts, 2015-2025 (USD Billion/Million, Million Units)
7.3.1.2. Storage Type breakdown estimates & forecasts, 2015-2025 (USD Billion/Million, Million Units)
7.3.1.3. End-Use breakdown estimates & forecasts, 2015-2025 (USD Billion/Million, Million Units)
7.3.2. Germany Electric Water Heater Market Size Estimates & Forecasts, 2015-2025 (USD Billion/Million, Million Units)
7.3.2.1. Market estimates & forecasts, 2015-2025 (USD Billion/Million, Million Units)
7.3.2.2. Storage Type breakdown estimates & forecasts, 2015-2025 (USD Billion/Million, Million Units)
7.3.2.3. End-Use breakdown estimates & forecasts, 2015-2025 (USD Billion/Million, Million Units)
7.3.3. France Electric Water Heater Market Size Estimates & Forecasts, 2015-2025 (USD Billion/Million, Million Units)
7.3.3.1. Market estimates & forecasts, 2015-2025 (USD Billion/Million, Million Units)
7.3.3.2. Storage Type breakdown estimates & forecasts, 2015-2025 (USD Billion/Million, Million Units)
7.3.3.3. End-Use breakdown estimates & forecasts, 2015-2025 (USD Billion/Million, Million Units)
7.3.4. Rest of Europe Electric Water Heater Market Size Estimates & Forecasts, 2015-2025 (USD Billion/Million, Million Units)
7.3.4.1. Market estimates & forecasts, 2015-2025 (USD Billion/Million, Million Units)
7.3.4.2. Storage Type breakdown estimates & forecasts, 2015-2025 (USD Billion/Million, Million Units)
7.3.4.3. End-Use breakdown estimates & forecasts, 2015-2025 (USD Billion/Million, Million Units)
7.4. Asia Electric Water Heater Market Snapshot
7.4.1. China Electric Water Heater Market Size Estimates & Forecasts, 2015-2025 (USD Billion/Million, Million Units)
7.4.1.1. Market estimates & forecasts, 2015-2025 (USD Billion/Million, Million Units)
7.4.1.2. Storage Type breakdown estimates & forecasts, 2015-2025 (USD Billion/Million, Million Units)
7.4.1.3. End-Use breakdown estimates & forecasts, 2015-2025 (USD Billion/Million, Million Units)
7.4.2. India Electric Water Heater Market Size Estimates & Forecasts, 2015-2025 (USD Billion/Million, Million Units)
7.4.2.1. Market estimates & forecasts, 2015-2025 (USD Billion/Million, Million Units)
7.4.2.2. Storage Type breakdown estimates & forecasts, 2015-2025 (USD Billion/Million, Million Units)
7.4.2.3. End-Use breakdown estimates & forecasts, 2015-2025 (USD Billion/Million, Million Units)
7.4.3. Japan Electric Water Heater Market Size Estimates & Forecasts, 2015-2025 (USD Billion/Million, Million Units)
7.4.3.1. Market estimates & forecasts, 2015-2025 (USD Billion/Million, Million Units)
7.4.3.2. Storage Type breakdown estimates & forecasts, 2015-2025 (USD Billion/Million, Million Units)
7.4.3.3. End-Use breakdown estimates & forecasts, 2015-2025 (USD Billion/Million, Million Units)
7.4.4. Rest of Asia Pacific Electric Water Heater Market Size Estimates & Forecasts, 2015-2025 (USD Billion/Million, Million Units)
7.4.4.1. Market estimates & forecasts, 2015-2025 (USD Billion/Million, Million Units)
7.4.4.2. Storage Type breakdown estimates & forecasts, 2015-2025 (USD Billion/Million, Million Units)
7.4.4.3. End-Use breakdown estimates & forecasts, 2015-2025 (USD Billion/Million, Million Units)
7.5. Latin America
7.5.1. Brazil Electric Water Heater Market Size Estimates & Forecasts, 2015-2025 (USD Billion/Million, Million Units)
7.5.1.1. Market estimates & forecasts, 2015-2025 (USD Billion/Million, Million Units)
7.5.1.2. Storage Type breakdown estimates & forecasts, 2015-2025 (USD Billion/Million, Million Units)
7.5.1.3. End-Use breakdown estimates & forecasts, 2015-2025 (USD Billion/Million, Million Units)
7.5.2. Mexico Electric Water Heater Market Size Estimates & Forecasts, 2015-2025 (USD Billion/Million, Million Units)
7.5.2.1. Market estimates & forecasts, 2015-2025 (USD Billion/Million, Million Units)
7.5.2.2. Storage Type breakdown estimates & forecasts, 2015-2025 (USD Billion/Million, Million Units)
7.5.2.3. End-Use breakdown estimates & forecasts, 2015-2025 (USD Billion/Million, Million Units)
7.6. Rest of The World Electric Water Heater Market Snapshot
7.6.1.1. Market estimates & forecasts, 2015-2025 (USD Billion/Million, Million Units)
7.6.1.2. Storage Type breakdown estimates & forecasts, 2015-2025 (USD Billion/Million, Million Units)
7.6.1.3. End-Use breakdown estimates & forecasts, 2015-2025 (USD Billion/Million, Million Units)
Chapter 8. Competitive Intelligence
8.1. Company Market Share (Subject to Data Availability)
8.2. Top Market Strategies
8.3. Company Profiles
8.3.1. A.O. Smith Corporation
8.3.1.1. Overview
8.3.1.2. Financial (Subject to Data Availability)
8.3.1.3. Product Summary
8.3.1.4. Recent Developments
8.3.2. American Electric Water Heater
8.3.3. Ariston Thermo SpA
8.3.4. Haier Group
8.3.5. Havells India Ltd.
8.3.6. Kenmore
8.3.7. Rheem Manufacturing
8.3.8. HTP, Inc.
8.3.9. Whirlpool
8.3.10. Eemax Water Heaters

Please note that currency denotation (USD Billion/Million) is provided on the basis of preliminary study, this may change in the final deliverables. Further, shipment values are subject to data availability.
//

List Of Tables


List of Tables
TABLE 1. LIST OF SECONDARY SOURCES, USED IN THE STUDY OF GLOBAL ELECTRIC WATER HEATER
TABLE 2. LIST OF PRIMARY SOURCES, USED IN THE STUDY OF GLOBAL ELECTRIC WATER HEATER
TABLE 3. GLOBAL ELECTRIC WATER HEATER, REPORT SCOPE
TABLE 4. YEARS CONSIDERED FOR THE STUDY
TABLE 5. EXCHANGE RATES CONSIDERED
TABLE 6. GLOBAL ELECTRIC WATER HEATER ESTIMATES & FORECASTS BY REGION 2015-2025 (USD MILLION/BILLION)
TABLE 7. GLOBAL ELECTRIC WATER HEATER ESTIMATES & FORECASTS BY COMPONENT 2015-2025 (USD MILLION/BILLION)
TABLE 8. GLOBAL ELECTRIC WATER HEATER ESTIMATES & FORECASTS BY APPLICATION 2015-2025 (USD MILLION/BILLION)
TABLE 9. ELECTRIC WATER HEATER BY SEGMENT 1, ESTIMATES & FORECASTS, 2015-2025 (USD MILLION/BILLION)
TABLE 10. ELECTRIC WATER HEATER BY REGION, ESTIMATES & FORECASTS, 2015-2025 (USD MILLION/BILLION)
TABLE 11. ELECTRIC WATER HEATER BY SEGMENT 2, ESTIMATES & FORECASTS, 2015-2025 (USD MILLION/BILLION)
TABLE 12. ELECTRIC WATER HEATER BY REGION, ESTIMATES & FORECASTS, 2015-2025 (USD MILLION/BILLION)
TABLE 13. ELECTRIC WATER HEATER BY SEGMENT 3, ESTIMATES & FORECASTS, 2015-2025 (USD MILLION/BILLION)
TABLE 14. ELECTRIC WATER HEATER BY REGION, ESTIMATES & FORECASTS, 2015-2025 (USD MILLION/BILLION)
TABLE 15. ELECTRIC WATER HEATER BY SEGMENT 4, ESTIMATES & FORECASTS, 2015-2025 (USD MILLION/BILLION)
TABLE 16. ELECTRIC WATER HEATER BY REGION, ESTIMATES & FORECASTS, 2015-2025 (USD MILLION/BILLION)
TABLE 17. ELECTRIC WATER HEATER BY SEGMENT 5, ESTIMATES & FORECASTS, 2015-2025 (USD MILLION/BILLION)
TABLE 18. ELECTRIC WATER HEATER BY REGION, ESTIMATES & FORECASTS, 2015-2025 (USD MILLION/BILLION)
TABLE 19. ELECTRIC WATER HEATER BY SEGMENT 6, ESTIMATES & FORECASTS, 2015-2025 (USD MILLION/BILLION)
TABLE 20. ELECTRIC WATER HEATER BY REGION, ESTIMATES & FORECASTS, 2015-2025 (USD MILLION/BILLION)
TABLE 21. ELECTRIC WATER HEATER BY SEGMENT 7, ESTIMATES & FORECASTS, 2015-2025 (USD MILLION/BILLION)
TABLE 22. ELECTRIC WATER HEATER BY REGION, ESTIMATES & FORECASTS, 2015-2025 (USD MILLION/BILLION)
TABLE 23. ELECTRIC WATER HEATER BY SEGMENT 8, ESTIMATES & FORECASTS, 2015-2025 (USD MILLION/BILLION)
TABLE 24. ELECTRIC WATER HEATER BY REGION, ESTIMATES & FORECASTS, 2015-2025 (USD MILLION/BILLION)
TABLE 25. ELECTRIC WATER HEATER BY SEGMENT 9, ESTIMATES & FORECASTS, 2015-2025 (USD MILLION/BILLION)
TABLE 26. ELECTRIC WATER HEATER BY REGION, ESTIMATES & FORECASTS, 2015-2025 (USD MILLION/BILLION)
TABLE 27. ELECTRIC WATER HEATER BY SEGMENT 10, ESTIMATES & FORECASTS, 2015-2025 (USD MILLION/BILLION)
TABLE 28. ELECTRIC WATER HEATER BY REGION, ESTIMATES & FORECASTS, 2015-2025 (USD MILLION/BILLION)
TABLE 29. ELECTRIC WATER HEATER BY SEGMENT 11, ESTIMATES & FORECASTS, 2015-2025 (USD MILLION/BILLION)
TABLE 30. ELECTRIC WATER HEATER BY REGION, ESTIMATES & FORECASTS, 2015-2025 (USD MILLION/BILLION)
TABLE 31. U.S. ELECTRIC WATER HEATER ESTIMATES & FORECASTS, 2015-2025 (USD MILLION/BILLION)
TABLE 32. U.S. ELECTRIC WATER HEATER ESTIMATES & FORECASTS BY SEGMENT 1 2015-2025 (USD MILLION/BILLION)
TABLE 33. U.S. ELECTRIC WATER HEATER ESTIMATES & FORECASTS BY SEGMENT 2 2015-2025 (USD MILLION/BILLION)
TABLE 34. CANADA ELECTRIC WATER HEATER ESTIMATES & FORECASTS, 2015-2025 (USD MILLION/BILLION)
TABLE 35. CANADA ELECTRIC WATER HEATER ESTIMATES & FORECASTS BY SEGMENT 1 2015-2025 (USD MILLION/BILLION)
TABLE 36. CANADA ELECTRIC WATER HEATER ESTIMATES & FORECASTS BY SEGMENT 2 2015-2025 (USD MILLION/BILLION)
TABLE 37. UK ELECTRIC WATER HEATER ESTIMATES & FORECASTS, 2015-2025 (USD MILLION/BILLION)
TABLE 38. UK ELECTRIC WATER HEATER ESTIMATES & FORECASTS BY SEGMENT 1 2015-2025 (USD MILLION/BILLION)
TABLE 39. UK ELECTRIC WATER HEATER ESTIMATES & FORECASTS BY SEGMENT 2 2015-2025 (USD MILLION/BILLION)
TABLE 40. GERMANY ELECTRIC WATER HEATER ESTIMATES & FORECASTS, 2015-2025 (USD MILLION/BILLION)
TABLE 41. GERMANY ELECTRIC WATER HEATER ESTIMATES & FORECASTS BY SEGMENT 1 2015-2025 (USD MILLION/BILLION)
TABLE 42. GERMANY ELECTRIC WATER HEATER ESTIMATES & FORECASTS BY SEGMENT 2 2015-2025 (USD MILLION/BILLION)
TABLE 43. ROE ELECTRIC WATER HEATER ESTIMATES & FORECASTS, 2015-2025 (USD MILLION/BILLION)
TABLE 44. ROE ELECTRIC WATER HEATER ESTIMATES & FORECASTS BY SEGMENT 1 2015-2025 (USD MILLION/BILLION)
TABLE 45. ROE ELECTRIC WATER HEATER ESTIMATES & FORECASTS BY SEGMENT 2 2015-2025 (USD MILLION/BILLION)
TABLE 46. CHINA ELECTRIC WATER HEATER ESTIMATES & FORECASTS, 2015-2025 (USD MILLION/BILLION)
TABLE 47. CHINA ELECTRIC WATER HEATER ESTIMATES & FORECASTS BY SEGMENT 1 2015-2025 (USD MILLION/BILLION)
TABLE 48. CHINA ELECTRIC WATER HEATER ESTIMATES & FORECASTS BY SEGMENT 2 2015-2025 (USD MILLION/BILLION)
TABLE 49. INDIA ELECTRIC WATER HEATER ESTIMATES & FORECASTS, 2015-2025 (USD MILLION/BILLION)
TABLE 50. INDIA ELECTRIC WATER HEATER ESTIMATES & FORECASTS BY SEGMENT 1 2015-2025 (USD MILLION/BILLION)
TABLE 51. INDIA ELECTRIC WATER HEATER ESTIMATES & FORECASTS BY SEGMENT 2 2015-2025 (USD MILLION/BILLION)
TABLE 52. JAPAN ELECTRIC WATER HEATER ESTIMATES & FORECASTS, 2015-2025 (USD MILLION/BILLION)
TABLE 53. JAPAN ELECTRIC WATER HEATER ESTIMATES & FORECASTS BY SEGMENT 1 2015-2025 (USD MILLION/BILLION)
TABLE 54. JAPAN ELECTRIC WATER HEATER ESTIMATES & FORECASTS BY SEGMENT 2 2015-2025 (USD MILLION/BILLION)
TABLE 55. ROAPAC ELECTRIC WATER HEATER ESTIMATES & FORECASTS, 2015-2025 (USD MILLION/BILLION)
TABLE 56. ROAPAC ELECTRIC WATER HEATER ESTIMATES & FORECASTS BY SEGMENT 1 2015-2025 (USD MILLION/BILLION)
TABLE 57. ROAPAC ELECTRIC WATER HEATER ESTIMATES & FORECASTS BY SEGMENT 2 E 2015-2025 (USD MILLION/BILLION)
TABLE 58. BRAZIL ELECTRIC WATER HEATER ESTIMATES & FORECASTS, 2015-2025 (USD MILLION/BILLION)
TABLE 59. BRAZIL ELECTRIC WATER HEATER ESTIMATES & FORECASTS BY SEGMENT 1 2015-2025 (USD MILLION/BILLION)
TABLE 60. BRAZIL ELECTRIC WATER HEATER ESTIMATES & FORECASTS BY SEGMENT 2 2015-2025 (USD MILLION/BILLION)
TABLE 61. MEXICO ELECTRIC WATER HEATER ESTIMATES & FORECASTS, 2015-2025 (USD MILLION/BILLION)
TABLE 62. MEXICO ELECTRIC WATER HEATER ESTIMATES & FORECASTS BY SEGMENT1 2015-2025 (USD MILLION/BILLION)
TABLE 63. MEXICO ELECTRIC WATER HEATER ESTIMATES & FORECASTS BY SEGMENT 2 2015-2025 (USD MILLION/BILLION)
TABLE 64. ROLA ELECTRIC WATER HEATER ESTIMATES & FORECASTS, 2015-2025 (USD MILLION/BILLION)
TABLE 65. ROLA ELECTRIC WATER HEATER ESTIMATES & FORECASTS BY SEGMENT 1 2015-2025 (USD MILLION/BILLION)
TABLE 66. ROLA ELECTRIC WATER HEATER ESTIMATES & FORECASTS BY SEGMENT 2 2015-2025 (USD MILLION/BILLION)
TABLE 67. ROW ELECTRIC WATER HEATER ESTIMATES & FORECASTS, 2015-2025 (USD MILLION/BILLION)
TABLE 68. ROW ELECTRIC WATER HEATER ESTIMATES & FORECASTS BY SEGMENT 1 2015-2025 (USD MILLION/BILLION)
TABLE 69. ROW ELECTRIC WATER HEATER ESTIMATES & FORECASTS BY SEGMENT 2 2015-2025 (USD MILLION/BILLION)


List Of Figures

List of Figures
FIG 1. GLOBAL ELECTRIC WATER HEATER, RESEARCH METHODOLOGY
FIG 2. GLOBAL ELECTRIC WATER HEATER, MARKET ESTIMATION TECHNIQUES
FIG 3. MARKET SIZE ESTIMATES & FORECAST METHODS
FIG 4. GLOBAL ELECTRIC WATER HEATER, KEY TRENDS 2016
FIG 5. GLOBAL ELECTRIC WATER HEATER, GROWTH PROSPECTS 2017-2025
FIG 6. GLOBAL ELECTRIC WATER HEATER, PORTERS 5 FORCE MODEL
FIG 7. GLOBAL ELECTRIC WATER HEATER, PEST ANALYSIS
FIG 8. GLOBAL ELECTRIC WATER HEATER, VALUE CHAIN ANALYSIS
FIG 9. GLOBAL ELECTRIC WATER HEATER BY SEGMENT 1, 2015 & 2025 (USD BILLION)
FIG 10. GLOBAL ELECTRIC WATER HEATER BY SEGMENT2, 2015 & 2025 (USD BILLION)
FIG 11. GLOBAL ELECTRIC WATER HEATER, REGIONAL SNAPSHOT 2015 & 2025
FIG 12. NORTH AMERICA ELECTRIC WATER HEATER 2015 & 2025 (USD BILLON)
FIG 13. EUROPE ELECTRIC WATER HEATER 2015 & 2025 (USD BILLON)
FIG 14. ASIA PACIFIC ELECTRIC WATER HEATER 2015 & 2025 (USD BILLON)



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