Rise in Demand for Energy Efficient Heating Systems Expected to Drive World Electric Water Heaters Market over the Forecast Period: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit An electric water heater is a fully automatic water heater. It has a storage tank with one or more electric heating elements along with operating & safety controls. It is often surpass the consumption of energy for domestic activities for instance cooking, refrigeration and lighting. It uses electricity as an energy source to heat water. It also makes use of electric resistance elements to heat the water in storage tank using two electric resistance elements, which are located at the top and bottom of the storage tank and controlled through an independent thermostat. According to study, “World Electric Water Heaters Market Research Report 2024(covering USA, EU, China, South East Asia, Japan and etc)” the key companies operating in the world electric water heaters market are A.O. Smith Corp., Whirlpool, Rheem, Simens, Nihon Itomic, Stiebel Eltron, Ferroli, Hubbell, Viessmann, General Electric Co., Eldominvest, State Industries, Ariston Thermo, Midea, SAKURA, Jaquar, Wanjiale, Haier, Weber, Otlan, Vanward New Electric, Rinnai Corporation, Vaillant, Bradford White, Groupe Atlantic, Sacon, Vatti, Kanch Water Heaters, Bosch Thermotechnology, Saudi Ceramics, Zenith. The key players are offering heavy-duty, cylindrical, square-shaped, and rack system electric water heaters that are specially designed for high-volume use. These technological improvements in electric water heaters label them in the superior category. Based on product type, electric water heaters market is segmented into electrical storage water heaters, quick electric water heater and instantaneous electric water heater. Based on capacity, market is segmented into < 30 liters, 30-100 liters, 100-250 liters, 250-400 liters and > 400 liters. Based on distribution channel, market is segmented into online channel and offline channel. In addition, based on market is segmented into commercial (college/university, government/military and office) and residential. The electric water heaters market is driven by rise in number of residential housing & commercial projects, followed by growth in demand for tank-less water heaters, replacement of conventional water heating systems, rise in demand for energy efficient heating systems, increase in disposable income, rise in energy efficiency, growth in demand across various application such as cooking, cleaning, & bathing and improvement in environment sustainability & temperature control. However, rise in electricity prices, volatile raw material prices and increase in changes in government regulations may impact the market. Moreover, rise in infrastructure investment in rural areas is a key opportunity for market. In USA, the National Appliance Energy Conservation Act (NAECA) is a regulatory standards, which makes suitable efficiency standards for many household appliances for instance dishwashers, water heaters, dryers, refrigerators, and washing machines. NAECA mandates high-energy efficacies periodically as per energy aspect ratings on all residential electric, gas, oil, and tank-less water heaters to effectively reduce energy consumption in home appliances. Based on geography, China country holds major share, followed by USA in electric water heaters market owing to growth in demand for water heating systems and rapid urbanization & advanced product customization in the country. EU region is expected to witness higher growth rate due to rise in demand for replacement of existing water heaters and government norms pertaining to energy efficiency over the forecast period. It is anticipated that the market will be reached at rapid pace on account of advancement in technology with rising emission standards during the forecast period. For more information, click on the link below: Global Electric Water Heaters Market Contact Us: Ken Research Ankur Gupta, Head Marketing & Communications sales@kenresearch.com +91 9015378249 Tags: A.O.Smith Electric Water Heaters Market Share, China Electric Water Heaters Market, Electric Water Heaters Market, Electric Water Heaters Markets Regions, Europe Electric Water Heaters Market, Global Electric Water Heater Market Analysis, Global Electric Water Heaters Industry, Global Electric Water Heaters Industry Research Report, Global Electric Water Heaters Market, Global Electric Water Heaters Market Forecast, Global Electric Water Heaters Market Future Outlook, Global Electric Water Heaters Market Growth, Global Electric Water Heaters Market Insights, Global Electric Water Heaters Market Opportunities, Global Electric Water Heaters Market Overview, Global Electric Water Heaters Market Research Report, Global Electric Water Heaters Market Revenue, Global Electric Water Heaters Market Share, Global Electric Water Heaters Market Trends, India Electric Water Heaters Market, Japan Electric Water Heaters Market, Nihon Itomic Electric Water Heaters Market Revenue, Rheem Electric Water Heaters Market Revenue, USA Electric Water Heaters Market, Whirlpool Electric Water Heaters Market Share, World Electric Water Heater Market Competition Landscape, World Electric Water Heaters Market, World Electric Water Heaters Market Research Report