Key Insights
The European electric water heater market is poised for robust expansion, projected to reach €8.73 billion by 2025. This growth trajectory is fueled by a projected Compound Annual Growth Rate (CAGR) of 4.91% between 2025 and 2033. Key drivers include stringent EU energy efficiency mandates, escalating consumer preference for sustainable and eco-friendly solutions, and the increasing integration of smart home technologies into water heating systems. The market is segmented by product type, with storage water heaters currently leading due to their established presence and affordability. However, hybrid and non-storage electric water heaters are gaining traction, driven by enhanced energy efficiency and space-saving benefits. Leading contributors to market size include Germany, France, and the United Kingdom, reflecting significant energy consumption and a strong base of established manufacturers.
Europe Electric Water Heater Market Market Size (In Billion)
While fluctuating electricity prices present a notable restraint, technological advancements in heat pump technology and smart controls are actively addressing this challenge by improving energy efficiency and enabling superior energy management. The competitive arena is characterized by prominent players such as GE Appliances, A O Smith, and Bosch, who are prioritizing product innovation and the expansion of online distribution channels. Furthermore, the growing adoption of renewable energy sources, particularly in regions with supportive governmental policies, is anticipated to accelerate demand for solar-powered electric water heaters, thereby shaping the future growth of the European electric water heater market.
Europe Electric Water Heater Market Company Market Share
Europe Electric Water Heater Market Report: 2019-2033
This comprehensive report provides an in-depth analysis of the Europe electric water heater market, offering valuable insights for industry professionals, investors, and strategic decision-makers. Covering the period 2019-2033, with a focus on 2025, this report unveils market trends, competitive dynamics, and future growth prospects. The report segments the market by product type, energy source, capacity, and distribution channel, offering granular data and actionable recommendations.
Europe Electric Water Heater Market Structure & Innovation Trends
The Europe electric water heater market exhibits a moderately concentrated structure, with key players such as GE Appliances, A O Smith, Bradford White, Haier, Viessmann Group, Whirlpool, Hubbell, Bosch, and Nortiz Corporation holding significant market share. Precise market share data for each player in 2025 is currently unavailable (xx%), however, the competitive landscape is characterized by ongoing innovation and strategic acquisitions. Market concentration is expected to slightly increase by 2033 driven by consolidation activities.
- Innovation Drivers: Increasing demand for energy-efficient water heaters, coupled with stringent environmental regulations, is pushing innovation in heat pump technology and smart water heater controls.
- Regulatory Framework: EU regulations on energy efficiency and environmental impact significantly influence product development and market dynamics. Compliance costs are a key factor impacting pricing and profitability.
- Product Substitutes: Heat pumps and solar water heating systems pose a competitive threat to traditional electric water heaters, particularly in regions with favorable solar conditions.
- End-User Demographics: The growth of the market is linked to factors such as rising disposable incomes, increasing urbanization, and a growing awareness of energy efficiency amongst homeowners.
- M&A Activities: Recent M&A activity, such as A.O. Smith's acquisition of Atlantic Filter Corporation in June 2022, reflects the industry's focus on expanding capabilities and market reach. The total value of these M&A deals in the last five years is estimated at xx Million.
Europe Electric Water Heater Market Dynamics & Trends
The Europe electric water heater market is projected to experience a Compound Annual Growth Rate (CAGR) of xx% during the forecast period (2025-2033). This growth is driven by several factors, including increasing energy efficiency standards, rising consumer demand for smart home technologies, and government initiatives promoting renewable energy sources. Technological disruptions, such as the introduction of heat pump water heaters, are transforming the market landscape, improving energy efficiency and lowering carbon footprint. However, fluctuating raw material prices and supply chain disruptions can negatively impact market growth. Market penetration of heat pump water heaters remains low at (xx%) in 2025 but is expected to rise considerably. Consumer preference trends reveal a clear shift towards energy-efficient and smart appliances, driving demand for innovative water heater models. Competitive dynamics include intense pricing competition and a focus on product differentiation through technological advancements and branding strategies.
Dominant Regions & Segments in Europe Electric Water Heater Market
Germany, France, and the UK are the leading markets for electric water heaters in Europe. Within product types, Storage Water Heaters dominate the market in 2025 (xx% market share), followed by Non-Storage Water Heaters. The Electric energy source holds the largest share (xx%) due to prevalent electricity infrastructure. Medium Water Heaters are the most popular capacity segment. Multi-branded stores are the primary distribution channel.
Key Drivers:
- Germany: Strong building and construction activity, supportive government policies on energy efficiency.
- France: High consumer awareness regarding environmental sustainability and energy saving.
- UK: Increasing investments in residential renovations and modernization.
Dominance Analysis: The dominance of Germany, France, and the UK is attributed to a combination of high household penetration rates, robust economies, and supportive government regulations. Storage Water Heaters maintain dominance due to their widespread acceptance and affordability.
Europe Electric Water Heater Market Product Innovations
Recent product innovations focus on improving energy efficiency, incorporating smart features, and enhancing user experience. Heat pump water heaters are gaining traction due to their significantly lower energy consumption compared to traditional electric models. Smart water heaters with remote control and energy monitoring capabilities are also becoming increasingly popular. The market is seeing increased integration with smart home ecosystems, enhancing user convenience and energy management. These innovations aim to cater to changing consumer preferences and stringent environmental regulations.
Report Scope & Segmentation Analysis
This report comprehensively segments the Europe electric water heater market by:
Product Type: Storage Water Heaters (projected growth xx%), Non-Storage Water Heaters (projected growth xx%), Hybrid Water Heaters (projected growth xx%). Storage water heaters are expected to remain the dominant segment.
Energy Source: Electric (projected growth xx%), Gas (projected growth xx%), Solar (projected growth xx%), Others (projected growth xx%). Electric remains the dominant energy source.
Capacity: Small Water Heater (projected growth xx%), Medium Water Heater (projected growth xx%), Large Water Heater (projected growth xx%). Medium-capacity water heaters dominate the market.
Distribution Channel: Multi-Branded Stores (projected growth xx%), Exclusive Stores (projected growth xx%), Online Stores (projected growth xx%), Other Distribution Channels (projected growth xx%). Multi-branded stores remain the major distribution channel. Online sales show significant growth potential.
Key Drivers of Europe Electric Water Heater Market Growth
Several factors contribute to the growth of the Europe electric water heater market. Stringent energy efficiency regulations incentivize the adoption of energy-saving technologies. The rising popularity of smart home technology is driving demand for intelligent and connected water heaters. Increasing consumer awareness of the environmental impact of energy consumption is further fueling the demand for sustainable water heating solutions. Government incentives and subsidies for energy-efficient appliances are also contributing positively.
Challenges in the Europe Electric Water Heater Market Sector
The Europe electric water heater market faces challenges such as fluctuating raw material prices, impacting manufacturing costs and profitability. Supply chain disruptions have created production bottlenecks and increased lead times. Intense competition from established players and new entrants pressures profit margins. Meeting stringent energy efficiency standards adds to the cost of product development and manufacturing.
Emerging Opportunities in Europe Electric Water Heater Market
The market presents opportunities in the growing demand for heat pump technology and energy-efficient water heating solutions. The increasing penetration of smart home technology creates opportunities to integrate water heaters into smart home ecosystems. Expansion into underserved regions and developing countries presents further growth potential. The rise of sustainable practices increases demand for eco-friendly water heaters.
Leading Players in the Europe Electric Water Heater Market Market
- GE Appliances (https://www.geappliances.com/)
- A O Smith (https://www.aosmith.com/)
- Bradford White (https://www.bradfordwhite.com/)
- Haier (https://www.haier.com/us/en/)
- Viessmann Group
- Whirlpool (https://www.whirlpoolcorp.com/)
- Hubbell
- Bosch (https://www.bosch-home.com/us/)
- Nortiz Corporation
Key Developments in Europe Electric Water Heater Market Industry
- June 2022: A.O. Smith acquires Atlantic Filter Corporation, expanding its water treatment capabilities.
- May 2022: GE Appliances opens a USD 70 Million water heating manufacturing plant in Camden, South Carolina, boosting production capacity.
Future Outlook for Europe Electric Water Heater Market Market
The Europe electric water heater market is poised for continued growth driven by technological advancements, stringent environmental regulations, and increasing consumer demand for energy-efficient and smart appliances. Strategic partnerships, investments in research and development, and expansion into new markets will be crucial for success. The market is predicted to see a significant increase in the adoption of heat pump water heaters, improving efficiency and sustainability.
Europe Electric Water Heater Market Segmentation
-
1. Product Type
- 1.1. Storage Water Heaters
- 1.2. Non-Storage Water Heaters
- 1.3. Hybrid Water Heaters
-
2. Energy Source
- 2.1. Electric
- 2.2. Gas
- 2.3. Solar
- 2.4. Others
-
3. Capacity
- 3.1. Small Water Heater
- 3.2. Medium Water Heater
- 3.3. Large Water Heater
-
4. Distribution Channel
- 4.1. Multi-Branded Stores
- 4.2. Exclusive Stores
- 4.3. Online Stores
- 4.4. Other Distribution Channels
Europe Electric Water Heater Market Segmentation By Geography
- 1. United Kingdom
- 2. Germany
- 3. France
- 4. Italy
- 5. Russia
- 6. Rest of Europe
Europe Electric Water Heater Market Regional Market Share
Geographic Coverage of Europe Electric Water Heater Market
Europe Electric Water Heater Market REPORT HIGHLIGHTS
| Aspects | Details |
|---|---|
| Study Period | 2020-2034 |
| Base Year | 2025 |
| Estimated Year | 2026 |
| Forecast Period | 2026-2034 |
| Historical Period | 2020-2025 |
| Growth Rate | CAGR of 4.91% from 2020-2034 |
| Segmentation |
|
Table of Contents
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1. Advancements in Materials or Designs that Enhance Durability Which Led to Increase the Drum Liner Market
- 3.3. Market Restrains
- 3.3.1. Higher Production Costs or Expensive Raw Materials can Limit Market Accessibility
- 3.4. Market Trends
- 3.4.1. Preference for Gas Water Heaters over other types of Water Heaters
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. Europe Electric Water Heater Market Analysis, Insights and Forecast, 2020-2032
- 5.1. Market Analysis, Insights and Forecast - by Product Type
- 5.1.1. Storage Water Heaters
- 5.1.2. Non-Storage Water Heaters
- 5.1.3. Hybrid Water Heaters
- 5.2. Market Analysis, Insights and Forecast - by Energy Source
- 5.2.1. Electric
- 5.2.2. Gas
- 5.2.3. Solar
- 5.2.4. Others
- 5.3. Market Analysis, Insights and Forecast - by Capacity
- 5.3.1. Small Water Heater
- 5.3.2. Medium Water Heater
- 5.3.3. Large Water Heater
- 5.4. Market Analysis, Insights and Forecast - by Distribution Channel
- 5.4.1. Multi-Branded Stores
- 5.4.2. Exclusive Stores
- 5.4.3. Online Stores
- 5.4.4. Other Distribution Channels
- 5.5. Market Analysis, Insights and Forecast - by Region
- 5.5.1. United Kingdom
- 5.5.2. Germany
- 5.5.3. France
- 5.5.4. Italy
- 5.5.5. Russia
- 5.5.6. Rest of Europe
- 5.1. Market Analysis, Insights and Forecast - by Product Type
- 6. United Kingdom Europe Electric Water Heater Market Analysis, Insights and Forecast, 2020-2032
- 6.1. Market Analysis, Insights and Forecast - by Product Type
- 6.1.1. Storage Water Heaters
- 6.1.2. Non-Storage Water Heaters
- 6.1.3. Hybrid Water Heaters
- 6.2. Market Analysis, Insights and Forecast - by Energy Source
- 6.2.1. Electric
- 6.2.2. Gas
- 6.2.3. Solar
- 6.2.4. Others
- 6.3. Market Analysis, Insights and Forecast - by Capacity
- 6.3.1. Small Water Heater
- 6.3.2. Medium Water Heater
- 6.3.3. Large Water Heater
- 6.4. Market Analysis, Insights and Forecast - by Distribution Channel
- 6.4.1. Multi-Branded Stores
- 6.4.2. Exclusive Stores
- 6.4.3. Online Stores
- 6.4.4. Other Distribution Channels
- 6.1. Market Analysis, Insights and Forecast - by Product Type
- 7. Germany Europe Electric Water Heater Market Analysis, Insights and Forecast, 2020-2032
- 7.1. Market Analysis, Insights and Forecast - by Product Type
- 7.1.1. Storage Water Heaters
- 7.1.2. Non-Storage Water Heaters
- 7.1.3. Hybrid Water Heaters
- 7.2. Market Analysis, Insights and Forecast - by Energy Source
- 7.2.1. Electric
- 7.2.2. Gas
- 7.2.3. Solar
- 7.2.4. Others
- 7.3. Market Analysis, Insights and Forecast - by Capacity
- 7.3.1. Small Water Heater
- 7.3.2. Medium Water Heater
- 7.3.3. Large Water Heater
- 7.4. Market Analysis, Insights and Forecast - by Distribution Channel
- 7.4.1. Multi-Branded Stores
- 7.4.2. Exclusive Stores
- 7.4.3. Online Stores
- 7.4.4. Other Distribution Channels
- 7.1. Market Analysis, Insights and Forecast - by Product Type
- 8. France Europe Electric Water Heater Market Analysis, Insights and Forecast, 2020-2032
- 8.1. Market Analysis, Insights and Forecast - by Product Type
- 8.1.1. Storage Water Heaters
- 8.1.2. Non-Storage Water Heaters
- 8.1.3. Hybrid Water Heaters
- 8.2. Market Analysis, Insights and Forecast - by Energy Source
- 8.2.1. Electric
- 8.2.2. Gas
- 8.2.3. Solar
- 8.2.4. Others
- 8.3. Market Analysis, Insights and Forecast - by Capacity
- 8.3.1. Small Water Heater
- 8.3.2. Medium Water Heater
- 8.3.3. Large Water Heater
- 8.4. Market Analysis, Insights and Forecast - by Distribution Channel
- 8.4.1. Multi-Branded Stores
- 8.4.2. Exclusive Stores
- 8.4.3. Online Stores
- 8.4.4. Other Distribution Channels
- 8.1. Market Analysis, Insights and Forecast - by Product Type
- 9. Italy Europe Electric Water Heater Market Analysis, Insights and Forecast, 2020-2032
- 9.1. Market Analysis, Insights and Forecast - by Product Type
- 9.1.1. Storage Water Heaters
- 9.1.2. Non-Storage Water Heaters
- 9.1.3. Hybrid Water Heaters
- 9.2. Market Analysis, Insights and Forecast - by Energy Source
- 9.2.1. Electric
- 9.2.2. Gas
- 9.2.3. Solar
- 9.2.4. Others
- 9.3. Market Analysis, Insights and Forecast - by Capacity
- 9.3.1. Small Water Heater
- 9.3.2. Medium Water Heater
- 9.3.3. Large Water Heater
- 9.4. Market Analysis, Insights and Forecast - by Distribution Channel
- 9.4.1. Multi-Branded Stores
- 9.4.2. Exclusive Stores
- 9.4.3. Online Stores
- 9.4.4. Other Distribution Channels
- 9.1. Market Analysis, Insights and Forecast - by Product Type
- 10. Russia Europe Electric Water Heater Market Analysis, Insights and Forecast, 2020-2032
- 10.1. Market Analysis, Insights and Forecast - by Product Type
- 10.1.1. Storage Water Heaters
- 10.1.2. Non-Storage Water Heaters
- 10.1.3. Hybrid Water Heaters
- 10.2. Market Analysis, Insights and Forecast - by Energy Source
- 10.2.1. Electric
- 10.2.2. Gas
- 10.2.3. Solar
- 10.2.4. Others
- 10.3. Market Analysis, Insights and Forecast - by Capacity
- 10.3.1. Small Water Heater
- 10.3.2. Medium Water Heater
- 10.3.3. Large Water Heater
- 10.4. Market Analysis, Insights and Forecast - by Distribution Channel
- 10.4.1. Multi-Branded Stores
- 10.4.2. Exclusive Stores
- 10.4.3. Online Stores
- 10.4.4. Other Distribution Channels
- 10.1. Market Analysis, Insights and Forecast - by Product Type
- 11. Rest of Europe Europe Electric Water Heater Market Analysis, Insights and Forecast, 2020-2032
- 11.1. Market Analysis, Insights and Forecast - by Product Type
- 11.1.1. Storage Water Heaters
- 11.1.2. Non-Storage Water Heaters
- 11.1.3. Hybrid Water Heaters
- 11.2. Market Analysis, Insights and Forecast - by Energy Source
- 11.2.1. Electric
- 11.2.2. Gas
- 11.2.3. Solar
- 11.2.4. Others
- 11.3. Market Analysis, Insights and Forecast - by Capacity
- 11.3.1. Small Water Heater
- 11.3.2. Medium Water Heater
- 11.3.3. Large Water Heater
- 11.4. Market Analysis, Insights and Forecast - by Distribution Channel
- 11.4.1. Multi-Branded Stores
- 11.4.2. Exclusive Stores
- 11.4.3. Online Stores
- 11.4.4. Other Distribution Channels
- 11.1. Market Analysis, Insights and Forecast - by Product Type
- 12. Competitive Analysis
- 12.1. Market Share Analysis 2025
- 12.2. Company Profiles
- 12.2.1 GE Appliances
- 12.2.1.1. Overview
- 12.2.1.2. Products
- 12.2.1.3. SWOT Analysis
- 12.2.1.4. Recent Developments
- 12.2.1.5. Financials (Based on Availability)
- 12.2.2 A O Smith
- 12.2.2.1. Overview
- 12.2.2.2. Products
- 12.2.2.3. SWOT Analysis
- 12.2.2.4. Recent Developments
- 12.2.2.5. Financials (Based on Availability)
- 12.2.3 Bradford White
- 12.2.3.1. Overview
- 12.2.3.2. Products
- 12.2.3.3. SWOT Analysis
- 12.2.3.4. Recent Developments
- 12.2.3.5. Financials (Based on Availability)
- 12.2.4 Haier
- 12.2.4.1. Overview
- 12.2.4.2. Products
- 12.2.4.3. SWOT Analysis
- 12.2.4.4. Recent Developments
- 12.2.4.5. Financials (Based on Availability)
- 12.2.5 Viessmann Group*
- 12.2.5.1. Overview
- 12.2.5.2. Products
- 12.2.5.3. SWOT Analysis
- 12.2.5.4. Recent Developments
- 12.2.5.5. Financials (Based on Availability)
- 12.2.6 Whirlpool
- 12.2.6.1. Overview
- 12.2.6.2. Products
- 12.2.6.3. SWOT Analysis
- 12.2.6.4. Recent Developments
- 12.2.6.5. Financials (Based on Availability)
- 12.2.7 Hubbell
- 12.2.7.1. Overview
- 12.2.7.2. Products
- 12.2.7.3. SWOT Analysis
- 12.2.7.4. Recent Developments
- 12.2.7.5. Financials (Based on Availability)
- 12.2.8 Bosch
- 12.2.8.1. Overview
- 12.2.8.2. Products
- 12.2.8.3. SWOT Analysis
- 12.2.8.4. Recent Developments
- 12.2.8.5. Financials (Based on Availability)
- 12.2.9 Nortiz Corporation
- 12.2.9.1. Overview
- 12.2.9.2. Products
- 12.2.9.3. SWOT Analysis
- 12.2.9.4. Recent Developments
- 12.2.9.5. Financials (Based on Availability)
- 12.2.1 GE Appliances
List of Figures
- Figure 1: Europe Electric Water Heater Market Revenue Breakdown (billion, %) by Product 2025 & 2033
- Figure 2: Europe Electric Water Heater Market Share (%) by Company 2025
List of Tables
- Table 1: Europe Electric Water Heater Market Revenue billion Forecast, by Product Type 2020 & 2033
- Table 2: Europe Electric Water Heater Market Volume K Units Forecast, by Product Type 2020 & 2033
- Table 3: Europe Electric Water Heater Market Revenue billion Forecast, by Energy Source 2020 & 2033
- Table 4: Europe Electric Water Heater Market Volume K Units Forecast, by Energy Source 2020 & 2033
- Table 5: Europe Electric Water Heater Market Revenue billion Forecast, by Capacity 2020 & 2033
- Table 6: Europe Electric Water Heater Market Volume K Units Forecast, by Capacity 2020 & 2033
- Table 7: Europe Electric Water Heater Market Revenue billion Forecast, by Distribution Channel 2020 & 2033
- Table 8: Europe Electric Water Heater Market Volume K Units Forecast, by Distribution Channel 2020 & 2033
- Table 9: Europe Electric Water Heater Market Revenue billion Forecast, by Region 2020 & 2033
- Table 10: Europe Electric Water Heater Market Volume K Units Forecast, by Region 2020 & 2033
- Table 11: Europe Electric Water Heater Market Revenue billion Forecast, by Product Type 2020 & 2033
- Table 12: Europe Electric Water Heater Market Volume K Units Forecast, by Product Type 2020 & 2033
- Table 13: Europe Electric Water Heater Market Revenue billion Forecast, by Energy Source 2020 & 2033
- Table 14: Europe Electric Water Heater Market Volume K Units Forecast, by Energy Source 2020 & 2033
- Table 15: Europe Electric Water Heater Market Revenue billion Forecast, by Capacity 2020 & 2033
- Table 16: Europe Electric Water Heater Market Volume K Units Forecast, by Capacity 2020 & 2033
- Table 17: Europe Electric Water Heater Market Revenue billion Forecast, by Distribution Channel 2020 & 2033
- Table 18: Europe Electric Water Heater Market Volume K Units Forecast, by Distribution Channel 2020 & 2033
- Table 19: Europe Electric Water Heater Market Revenue billion Forecast, by Country 2020 & 2033
- Table 20: Europe Electric Water Heater Market Volume K Units Forecast, by Country 2020 & 2033
- Table 21: Europe Electric Water Heater Market Revenue billion Forecast, by Product Type 2020 & 2033
- Table 22: Europe Electric Water Heater Market Volume K Units Forecast, by Product Type 2020 & 2033
- Table 23: Europe Electric Water Heater Market Revenue billion Forecast, by Energy Source 2020 & 2033
- Table 24: Europe Electric Water Heater Market Volume K Units Forecast, by Energy Source 2020 & 2033
- Table 25: Europe Electric Water Heater Market Revenue billion Forecast, by Capacity 2020 & 2033
- Table 26: Europe Electric Water Heater Market Volume K Units Forecast, by Capacity 2020 & 2033
- Table 27: Europe Electric Water Heater Market Revenue billion Forecast, by Distribution Channel 2020 & 2033
- Table 28: Europe Electric Water Heater Market Volume K Units Forecast, by Distribution Channel 2020 & 2033
- Table 29: Europe Electric Water Heater Market Revenue billion Forecast, by Country 2020 & 2033
- Table 30: Europe Electric Water Heater Market Volume K Units Forecast, by Country 2020 & 2033
- Table 31: Europe Electric Water Heater Market Revenue billion Forecast, by Product Type 2020 & 2033
- Table 32: Europe Electric Water Heater Market Volume K Units Forecast, by Product Type 2020 & 2033
- Table 33: Europe Electric Water Heater Market Revenue billion Forecast, by Energy Source 2020 & 2033
- Table 34: Europe Electric Water Heater Market Volume K Units Forecast, by Energy Source 2020 & 2033
- Table 35: Europe Electric Water Heater Market Revenue billion Forecast, by Capacity 2020 & 2033
- Table 36: Europe Electric Water Heater Market Volume K Units Forecast, by Capacity 2020 & 2033
- Table 37: Europe Electric Water Heater Market Revenue billion Forecast, by Distribution Channel 2020 & 2033
- Table 38: Europe Electric Water Heater Market Volume K Units Forecast, by Distribution Channel 2020 & 2033
- Table 39: Europe Electric Water Heater Market Revenue billion Forecast, by Country 2020 & 2033
- Table 40: Europe Electric Water Heater Market Volume K Units Forecast, by Country 2020 & 2033
- Table 41: Europe Electric Water Heater Market Revenue billion Forecast, by Product Type 2020 & 2033
- Table 42: Europe Electric Water Heater Market Volume K Units Forecast, by Product Type 2020 & 2033
- Table 43: Europe Electric Water Heater Market Revenue billion Forecast, by Energy Source 2020 & 2033
- Table 44: Europe Electric Water Heater Market Volume K Units Forecast, by Energy Source 2020 & 2033
- Table 45: Europe Electric Water Heater Market Revenue billion Forecast, by Capacity 2020 & 2033
- Table 46: Europe Electric Water Heater Market Volume K Units Forecast, by Capacity 2020 & 2033
- Table 47: Europe Electric Water Heater Market Revenue billion Forecast, by Distribution Channel 2020 & 2033
- Table 48: Europe Electric Water Heater Market Volume K Units Forecast, by Distribution Channel 2020 & 2033
- Table 49: Europe Electric Water Heater Market Revenue billion Forecast, by Country 2020 & 2033
- Table 50: Europe Electric Water Heater Market Volume K Units Forecast, by Country 2020 & 2033
- Table 51: Europe Electric Water Heater Market Revenue billion Forecast, by Product Type 2020 & 2033
- Table 52: Europe Electric Water Heater Market Volume K Units Forecast, by Product Type 2020 & 2033
- Table 53: Europe Electric Water Heater Market Revenue billion Forecast, by Energy Source 2020 & 2033
- Table 54: Europe Electric Water Heater Market Volume K Units Forecast, by Energy Source 2020 & 2033
- Table 55: Europe Electric Water Heater Market Revenue billion Forecast, by Capacity 2020 & 2033
- Table 56: Europe Electric Water Heater Market Volume K Units Forecast, by Capacity 2020 & 2033
- Table 57: Europe Electric Water Heater Market Revenue billion Forecast, by Distribution Channel 2020 & 2033
- Table 58: Europe Electric Water Heater Market Volume K Units Forecast, by Distribution Channel 2020 & 2033
- Table 59: Europe Electric Water Heater Market Revenue billion Forecast, by Country 2020 & 2033
- Table 60: Europe Electric Water Heater Market Volume K Units Forecast, by Country 2020 & 2033
- Table 61: Europe Electric Water Heater Market Revenue billion Forecast, by Product Type 2020 & 2033
- Table 62: Europe Electric Water Heater Market Volume K Units Forecast, by Product Type 2020 & 2033
- Table 63: Europe Electric Water Heater Market Revenue billion Forecast, by Energy Source 2020 & 2033
- Table 64: Europe Electric Water Heater Market Volume K Units Forecast, by Energy Source 2020 & 2033
- Table 65: Europe Electric Water Heater Market Revenue billion Forecast, by Capacity 2020 & 2033
- Table 66: Europe Electric Water Heater Market Volume K Units Forecast, by Capacity 2020 & 2033
- Table 67: Europe Electric Water Heater Market Revenue billion Forecast, by Distribution Channel 2020 & 2033
- Table 68: Europe Electric Water Heater Market Volume K Units Forecast, by Distribution Channel 2020 & 2033
- Table 69: Europe Electric Water Heater Market Revenue billion Forecast, by Country 2020 & 2033
- Table 70: Europe Electric Water Heater Market Volume K Units Forecast, by Country 2020 & 2033
Frequently Asked Questions
1. What is the projected Compound Annual Growth Rate (CAGR) of the Europe Electric Water Heater Market?
The projected CAGR is approximately 4.91%.
2. Which companies are prominent players in the Europe Electric Water Heater Market?
Key companies in the market include GE Appliances, A O Smith, Bradford White, Haier, Viessmann Group*, Whirlpool, Hubbell, Bosch, Nortiz Corporation.
3. What are the main segments of the Europe Electric Water Heater Market?
The market segments include Product Type, Energy Source, Capacity, Distribution Channel.
4. Can you provide details about the market size?
The market size is estimated to be USD 8.73 billion as of 2022.
5. What are some drivers contributing to market growth?
Advancements in Materials or Designs that Enhance Durability Which Led to Increase the Drum Liner Market.
6. What are the notable trends driving market growth?
Preference for Gas Water Heaters over other types of Water Heaters.
7. Are there any restraints impacting market growth?
Higher Production Costs or Expensive Raw Materials can Limit Market Accessibility.
8. Can you provide examples of recent developments in the market?
On June 2022, Water technology company, A.O. Smith has acquired Atlantic Filter Corporation, a Florida-based water treatment company in an all-cash transaction. The acquisition of Atlantic Filter was intended to further expand the capabilities in Florida and beyond. The collaboration is aimed to deliver innovative, differentiated solutions for water treatment.
9. What pricing options are available for accessing the report?
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 4750, USD 5250, and USD 8750 respectively.
10. Is the market size provided in terms of value or volume?
The market size is provided in terms of value, measured in billion and volume, measured in K Units.
11. Are there any specific market keywords associated with the report?
Yes, the market keyword associated with the report is "Europe Electric Water Heater Market," which aids in identifying and referencing the specific market segment covered.
12. How do I determine which pricing option suits my needs best?
The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.
13. Are there any additional resources or data provided in the Europe Electric Water Heater Market report?
While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.
14. How can I stay updated on further developments or reports in the Europe Electric Water Heater Market?
To stay informed about further developments, trends, and reports in the Europe Electric Water Heater Market, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.
Methodology
Step 1 - Identification of Relevant Samples Size from Population Database
Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)
Note*: In applicable scenarios
Step 3 - Data Sources
Primary Research
- Web Analytics
- Survey Reports
- Research Institute
- Latest Research Reports
- Opinion Leaders
Secondary Research
- Annual Reports
- White Paper
- Latest Press Release
- Industry Association
- Paid Database
- Investor Presentations
Step 4 - Data Triangulation
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence