
Residential Electric Water Heaters - Global and China Top Players Market Share and Ranking 2025
The report classifies the business vertical into various segments based on components, voltage, end-user scope, and regional division. A thorough analysis of each segment with respect to their market share, growth rate, and revenue contribution forms a major part of the study.
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• The global Residential Electric Water Heaters market was valued at US$ 6824 Million in 2024
• It is estimated to expand at a CAGR of 4.80% % from 2024 to 2031
• The global Residential Electric Water Heaters market is expected to reach the value of US$ 9269 Million by the end of 2031
Residential Electric Water Heaters Market Overview
Water heater is a type of equipment used to provide hot water, this report cover storage tank type and tankless water heater.
Asia-Pacific is the fastest growing market.
This report studies and analyses global Residential Electric Water Heaters status and future trends, helping the client to determine the Residential Electric Water Heaters market size of the total market opportunity by Type, by Application, by company, and by region & country. This report is a detailed and comprehensive analysis of the world market for Residential Electric Water Heaters. It provides market size (in K Units & US$ million) and Year-over-Year growth, considering 2024 as the base year. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments. To assess the competitive environment within the market, including supplier revenue, market share, and company profiles.
Residential Electric Water Heaters Market Key Takeaways
(1) Global Residential Electric Water Heaters market size, history data 2020-2024 , and forecast data 2024 -2031, (US$ million) & (K Units)
(2) Global Residential Electric Water Heaters sales, revenue, price by company, market share, and industry ranking 2020-2024, (US$ million) & (K Units)
(3) China Residential Electric Water Heaters sales, revenue, price by company, market share, and industry ranking 2020-2024, (US$ million) & (K Units)
(4) Global Residential Electric Water Heaters key consuming regions, consumption quantity, consumption value, and demand structure
(5) Global Residential Electric Water Heaters key producing regions, capacity, production, and year-over-year growth
(6) Residential Electric Water Heaters industry chains, upstream, midstream, and downstream
Residential Electric Water Heaters Market: Key Players
The competitive landscape of the Residential Electric Water Heaters Market offers a comprehensive analysis of key players. It includes insights such as company overviews, financial performance, revenue generation, market potential, research and development investments, new market strategies, regional presence, strengths and weaknesses, product launches, product range, and application leadership. These data points specifically pertain to the companies' activities and focus within the Residential Electric Water Heaters Market. Some of the major players operating in the Residential Electric Water Heaters Market are:
- Rinnai
- A. O. Smith
- Rheem
- Haier
- Noritz
- Midea
- Bosch
- Vanward
- Stiebel Eltron
- Panasonic
- GREE
- Bradford White Corporation
Market IntelliX's study on the Residential Electric Water Heaters market offers information divided into important segments — type, applications, end-use, and region. This report provides comprehensive data and information about the important market dynamics and growth parameters associated with these categories.
Residential Electric Water Heaters Market by Type [Analysis by Value from 2020 to 2031]:
- Tankless Electric Water Heaters
- Tank Electric Water Heaters
Residential Electric Water Heaters Market by Application [Analysis by Value from 2020 to 2031]:
- Less than 2 Person Home
- 3 to 4 Person Home
- More than 4 Person Home
Residential Electric Water Heaters Market by Region [Analysis by Value from 2020 to 2031]:
- North America (United States, Canada and Mexico)
- Europe (Germany, UK, France, Italy, Russia and Spain etc.)
- Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.)
- South America (Brazil, Argentina and Colombia etc.)
- Middle East & Africa (South Africa, UAE and Saudi Arabia etc.)
Residential Electric Water Heaters Market Report Includes:
Chapter 1: To describe Residential Electric Water Heaters product scope, global sales quantity, value and average price, China sales quantity, value and average price, development opportunities, challenges, trends, and policies.
Chapter 2: Global Residential Electric Water Heaters market share and ranking of major manufacturers, sales quantity, revenue, average price, 2020-2024
Chapter 3: China Residential Electric Water Heaters market share and ranking of major manufacturers, sales quantity, revenue, average price, 2020-2024
Chapter 4: Global key producing regions of Residential Electric Water Heaters , percent & CAGR, 2020 - 2031
Chapter 5: Residential Electric Water Heaters industry chain, upstream, medium-stream, and downstream.
Chapter 6: Segment by Type, sales quantity, average price, consumption value, percent & CAGR, 2020 - 2031
Chapter 7: Segment by Application, sales quantity, average price, consumption value, percent & CAGR, 2020 - 2031
Chapter 8: Segment in regional level, sales quantity, average price, consumption value, percent & CAGR, 2020 - 2031
Chapter 9: Segment in country level, sales quantity, average price, consumption value, percent & CAGR, 2020 - 2031
Chapter 10: Company profile, introducing the basic situation of the main companies in the market in detail, including product specifications, application, recent development, sales quantity, average price, revenue, and gross margin.
Chapter 11: Conclusions
1 Market Overview
1.1 Residential Electric Water Heaters Definition
1.2 Global Residential Electric Water Heaters Market Size and Forecast
1.2.1 By Consumption Value, Global Residential Electric Water Heaters Market Size, 2020-2031
1.2.2 By Sales Quantity, Global Residential Electric Water Heaters Market Size, 2020-2031
1.2.3 Global Residential Electric Water Heaters Average Selling Price (ASP), 2020-2031
1.3 China Residential Electric Water Heaters Market Size and Forecast
1.3.1 By Consumption Value, China Residential Electric Water Heaters Market Size, 2020-2031
1.3.2 By Sales Quantity, China Residential Electric Water Heaters Market Size, 2020-2031
1.3.3 China Residential Electric Water Heaters Average Selling Price (ASP), 2020-2031
1.4 Share of China Residential Electric Water Heaters Market with Respect to the Global Market
1.4.1 By Consumption Value, China Residential Electric Water Heaters Market Share in Global, 2020-2031
1.4.2 By Sales Quantity, China Residential Electric Water Heaters Market Share in Global, 2020-2031
1.4.3 Residential Electric Water Heaters Market Size: China VS Global, 2020-2031
1.5 Residential Electric Water Heaters Market Dynamics
1.5.1 Residential Electric Water Heaters Market Drivers
1.5.2 Residential Electric Water Heaters Market Restraints
1.5.3 Residential Electric Water Heaters Industry Trends
1.5.4 Residential Electric Water Heaters Industry Policy
2 Global Leading Manufacturers and Market Share
2.1 By Revenue of Residential Electric Water Heaters, Global Market Share by Company, 2020-2025
2.2 By Sales Quantity of Residential Electric Water Heaters, Global Market Share by Company, 2020-2025
2.3 Residential Electric Water Heaters Average Selling Price (ASP) by Company, 2020-2025
2.4 Global Residential Electric Water Heaters Participants, Market Position (Tier 1, Tier 2, and Tier 3)
2.5 Global Residential Electric Water Heaters Concentration Ratio
2.6 Global Residential Electric Water Heaters Mergers & Acquisitions, Expansion Plans
2.7 Global Residential Electric Water Heaters Manufacturers Product Type
2.8 Head Office and Residential Electric Water Heaters Production Site of Key Manufacturer
2.9 Residential Electric Water Heaters Capacity of Major Manufacturers and Future Plan
3 China Leading Manufacturers and Market Share
3.1 By Revenue of Residential Electric Water Heaters, China Market Share by Company, 2020-2025
3.2 By Sales Quantity of Residential Electric Water Heaters, China Market Share by Company, 2020-2025
3.3 China Residential Electric Water Heaters Residential Electric Water Heaters Participants, Market Position (Tier 1, Tier 2, and Tier 3)
4 Global Producing Regions
4.1 Global Residential Electric Water Heaters Capacity, Output and Capacity Utilization, 2020-2031
4.2 Global Residential Electric Water Heaters Capacity by Region
4.3 Global Residential Electric Water Heaters Production & Forecast by Region, 2020 VS 2024 VS 2031
4.4 Global Residential Electric Water Heaters Production by Region, 2020-2031
4.5 Global Residential Electric Water Heaters Production Market Share & Forecast by Region, 2020-2031
5 Industry Chain Analysis
5.1 Residential Electric Water Heaters Industry Chain
5.2 Residential Electric Water Heaters Upstream Analysis
5.2.1 Residential Electric Water Heaters Core Raw Materials
5.2.2 Main Manufacturers of Residential Electric Water Heaters Core Raw Materials
5.3 Midstream Analysis
5.4 Downstream Analysis
5.5 Residential Electric Water Heaters Production Mode
5.6 Residential Electric Water Heaters Procurement Model
5.7 Residential Electric Water Heaters Industry Sales Model and Sales Channels
5.7.1 Residential Electric Water Heaters Sales Model
5.7.2 Residential Electric Water Heaters Typical Distributors
6 Sights by Product Type
6.1 Residential Electric Water Heaters Classification
6.1.1 Tankless Electric Water Heaters
6.1.2 Tank Electric Water Heaters
6.2 by Type, Global Residential Electric Water Heaters Consumption Value & CAGR, 2020 VS 2024 VS 2031
6.3 by Type, Global Residential Electric Water Heaters Consumption Value, 2020-2031
6.4 by Type, Global Residential Electric Water Heaters Sales Quantity, 2020-2031
6.5 by Type, Global Residential Electric Water Heaters Average Selling Price (ASP), 2020-2031
7 Sights by Application
7.1 Residential Electric Water Heaters Segment by Application
7.1.1 Less than 2 Person Home
7.1.2 3 to 4 Person Home
7.1.3 More than 4 Person Home
7.2 by Application, Global Residential Electric Water Heaters Consumption Value & CAGR, 2020 VS 2024 VS 2031
7.3 by Application, Global Residential Electric Water Heaters Consumption Value, 2020-2031
7.4 by Application, Global Residential Electric Water Heaters Sales Quantity, 2020-2031
7.5 by Application, Global Residential Electric Water Heaters Price, 2020-2031
8 Sales Sights by Region
8.1 By Region, Global Residential Electric Water Heaters Consumption Value, 2020 VS 2024 VS 2031
8.2 By Region, Global Residential Electric Water Heaters Consumption Value, 2020-2031
8.3 By Region, Global Residential Electric Water Heaters Sales Quantity, 2020-2031
8.4 North America
8.4.1 North America Residential Electric Water Heaters Market Size & Forecasts, 2020-2031
8.4.2 By Country, North America Residential Electric Water Heaters Market Size Market Share
8.5 Europe
8.5.1 Europe Residential Electric Water Heaters Market Size & Forecasts, 2020-2031
8.5.2 By Country, Europe Residential Electric Water Heaters Market Size Market Share
8.6 Asia Pacific
8.6.1 Asia Pacific Residential Electric Water Heaters Market Size & Forecasts, 2020-2031
8.6.2 By Country/Region, Asia Pacific Residential Electric Water Heaters Market Size Market Share
8.7 South America
8.7.1 South America Residential Electric Water Heaters Market Size & Forecasts, 2020-2031
8.7.2 By Country, South America Residential Electric Water Heaters Market Size Market Share
8.8 Middle East & Africa
9 Sales Sights by Country Level
9.1 By Country, Global Residential Electric Water Heaters Market Size & CAGR, 2020 VS 2024 VS 2031
9.2 By Country, Global Residential Electric Water Heaters Consumption Value, 2020-2031
9.3 By Country, Global Residential Electric Water Heaters Sales Quantity, 2020-2031
9.4 United States
9.4.1 United States Residential Electric Water Heaters Market Size, 2020-2031
9.4.2 by Type, United States Residential Electric Water Heaters Sales Quantity Market Share, 2024 VS 2031
9.4.3 by Application, United States Residential Electric Water Heaters Sales Quantity Market Share, 2024 VS 2031
9.5 Europe
9.5.1 Europe Residential Electric Water Heaters Market Size, 2020-2031
9.5.2 by Type, Europe Residential Electric Water Heaters Sales Quantity Market Share, 2024 VS 2031
9.5.3 by Application, Europe Residential Electric Water Heaters Sales Quantity Market Share, 2024 VS 2031
9.6 China
9.6.1 China Residential Electric Water Heaters Market Size, 2020-2031
9.6.2 by Type, China Residential Electric Water Heaters Sales Quantity Market Share, 2024 VS 2031
9.6.3 by Application, China Residential Electric Water Heaters Sales Quantity Market Share, 2024 VS 2031
9.7 Japan
9.7.1 Japan Residential Electric Water Heaters Market Size, 2020-2031
9.7.2 by Type, Japan Residential Electric Water Heaters Sales Quantity Market Share, 2024 VS 2031
9.7.3 by Application, Japan Residential Electric Water Heaters Sales Quantity Market Share, 2024 VS 2031
9.8 South Korea
9.8.1 South Korea Residential Electric Water Heaters Market Size, 2020-2031
9.8.2 by Type, South Korea Residential Electric Water Heaters Sales Quantity Market Share, 2024 VS 2031
9.8.3 by Application, South Korea Residential Electric Water Heaters Sales Quantity Market Share, 2024 VS 2031
9.9 Southeast Asia
9.9.1 Southeast Asia Residential Electric Water Heaters Market Size, 2020-2031
9.9.2 by Type, Southeast Asia Residential Electric Water Heaters Sales Quantity Market Share, 2024 VS 2031
9.9.3 by Application, Southeast Asia Residential Electric Water Heaters Sales Quantity Market Share, 2024 VS 2031
9.10 India
9.10.1 India Residential Electric Water Heaters Market Size, 2020-2031
9.10.2 by Type, India Residential Electric Water Heaters Sales Quantity Market Share, 2024 VS 2031
9.10.3 by Application, India Residential Electric Water Heaters Sales Quantity Market Share, 2024 VS 2031
9.11 Middle East & Africa
9.11.1 Middle East & Africa Residential Electric Water Heaters Market Size, 2020-2031
9.11.2 by Type, Middle East & Africa Residential Electric Water Heaters Sales Quantity Market Share, 2024 VS 2031
9.11.3 by Application, Middle East & Africa Residential Electric Water Heaters Sales Quantity Market Share, 2024 VS 2031
10 Manufacturers Profile
10.1 Rinnai
10.1.1 Rinnai Company Information, Head Office, Market Area, and Industry Position
10.1.2 Rinnai Residential Electric Water Heaters Models, Specifications, and Application
10.1.3 Rinnai Residential Electric Water Heaters Sales Quantity, Revenue, Price and Gross Margin, 2020-2025
10.1.4 Rinnai Company Profile and Main Business
10.1.5 Rinnai Recent Developments
10.2 A. O. Smith
10.2.1 A. O. Smith Company Information, Head Office, Market Area, and Industry Position
10.2.2 A. O. Smith Residential Electric Water Heaters Models, Specifications, and Application
10.2.3 A. O. Smith Residential Electric Water Heaters Sales Quantity, Revenue, Price and Gross Margin, 2020-2025
10.2.4 A. O. Smith Company Profile and Main Business
10.2.5 A. O. Smith Recent Developments
10.3 Rheem
10.3.1 Rheem Company Information, Head Office, Market Area, and Industry Position
10.3.2 Rheem Residential Electric Water Heaters Models, Specifications, and Application
10.3.3 Rheem Residential Electric Water Heaters Sales Quantity, Revenue, Price and Gross Margin, 2020-2025
10.3.4 Rheem Company Profile and Main Business
10.3.5 Rheem Recent Developments
10.4 Haier
10.4.1 Haier Company Information, Head Office, Market Area, and Industry Position
10.4.2 Haier Residential Electric Water Heaters Models, Specifications, and Application
10.4.3 Haier Residential Electric Water Heaters Sales Quantity, Revenue, Price and Gross Margin, 2020-2025
10.4.4 Haier Company Profile and Main Business
10.4.5 Haier Recent Developments
10.5 Noritz
10.5.1 Noritz Company Information, Head Office, Market Area, and Industry Position
10.5.2 Noritz Residential Electric Water Heaters Models, Specifications, and Application
10.5.3 Noritz Residential Electric Water Heaters Sales Quantity, Revenue, Price and Gross Margin, 2020-2025
10.5.4 Noritz Company Profile and Main Business
10.5.5 Noritz Recent Developments
10.6 Midea
10.6.1 Midea Company Information, Head Office, Market Area, and Industry Position
10.6.2 Midea Residential Electric Water Heaters Models, Specifications, and Application
10.6.3 Midea Residential Electric Water Heaters Sales Quantity, Revenue, Price and Gross Margin, 2020-2025
10.6.4 Midea Company Profile and Main Business
10.6.5 Midea Recent Developments
10.7 Bosch
10.7.1 Bosch Company Information, Head Office, Market Area, and Industry Position
10.7.2 Bosch Residential Electric Water Heaters Models, Specifications, and Application
10.7.3 Bosch Residential Electric Water Heaters Sales Quantity, Revenue, Price and Gross Margin, 2020-2025
10.7.4 Bosch Company Profile and Main Business
10.7.5 Bosch Recent Developments
10.8 Vanward
10.8.1 Vanward Company Information, Head Office, Market Area, and Industry Position
10.8.2 Vanward Residential Electric Water Heaters Models, Specifications, and Application
10.8.3 Vanward Residential Electric Water Heaters Sales Quantity, Revenue, Price and Gross Margin, 2020-2025
10.8.4 Vanward Company Profile and Main Business
10.8.5 Vanward Recent Developments
10.9 Stiebel Eltron
10.9.1 Stiebel Eltron Company Information, Head Office, Market Area, and Industry Position
10.9.2 Stiebel Eltron Residential Electric Water Heaters Models, Specifications, and Application
10.9.3 Stiebel Eltron Residential Electric Water Heaters Sales Quantity, Revenue, Price and Gross Margin, 2020-2025
10.9.4 Stiebel Eltron Company Profile and Main Business
10.9.5 Stiebel Eltron Recent Developments
10.10 Panasonic
10.10.1 Panasonic Company Information, Head Office, Market Area, and Industry Position
10.10.2 Panasonic Residential Electric Water Heaters Models, Specifications, and Application
10.10.3 Panasonic Residential Electric Water Heaters Sales Quantity, Revenue, Price and Gross Margin, 2020-2025
10.10.4 Panasonic Company Profile and Main Business
10.10.5 Panasonic Recent Developments
10.11 GREE
10.11.1 GREE Company Information, Head Office, Market Area, and Industry Position
10.11.2 GREE Residential Electric Water Heaters Models, Specifications, and Application
10.11.3 GREE Residential Electric Water Heaters Sales Quantity, Revenue, Price and Gross Margin, 2020-2025
10.11.4 GREE Company Profile and Main Business
10.11.5 GREE Recent Developments
10.12 Bradford White Corporation
10.12.1 Bradford White Corporation Company Information, Head Office, Market Area, and Industry Position
10.12.2 Bradford White Corporation Residential Electric Water Heaters Models, Specifications, and Application
10.12.3 Bradford White Corporation Residential Electric Water Heaters Sales Quantity, Revenue, Price and Gross Margin, 2020-2025
10.12.4 Bradford White Corporation Company Profile and Main Business
10.12.5 Bradford White Corporation Recent Developments
11 Conclusion
12 Appendix
12.1 Research Methodology
12.2 Data Source
12.2.1 Secondary Sources
12.2.2 Primary Sources
12.3 Market Estimation Model
12.4 Disclaimer
Tables & Figures:
List of Tables
Table 1. Residential Electric Water Heaters Consumption Value & CAGR: China VS Global, 2020-2031, US$ Million
Table 2. Residential Electric Water Heaters Market Restraints
Table 3. Residential Electric Water Heaters Market Trends
Table 4. Residential Electric Water Heaters Industry Policy
Table 5. Global Residential Electric Water Heaters Revenue by Company, 2020-2025, US$ million, Ranked Based on Revenue in 2024
Table 6. Global Residential Electric Water Heaters Revenue Share by Company, 2020-2025, Ranked by Data of 2024
Table 7. Global Residential Electric Water Heaters Sales Quantity by Company, (2020-2025) & (K Units), Ranked Based on Sales in 2024
Table 8. Global Residential Electric Water Heaters Sales Quantity by Company, 2020-2025, Ranked by Data of 2024
Table 9. Global Residential Electric Water Heaters Average Selling Price (ASP) by Company, (2020-2025) & (US$/Unit)
Table 10. Global Residential Electric Water Heaters Manufacturers Market Concentration Ratio (CR3 and HHI)
Table 11. Global Residential Electric Water Heaters Mergers & Acquisitions, Expansion Plans
Table 12. Global Residential Electric Water Heaters Manufacturers Product Type
Table 13. Head Office and Residential Electric Water Heaters Production Site of Key Manufacturer
Table 14. Residential Electric Water Heaters Capacity of Major Manufacturers and Future Plan
Table 15. China Residential Electric Water Heaters Revenue by Company, 2020-2025, US$ million, Ranked Based on Revenue in 2024
Table 16. China Residential Electric Water Heaters Revenue Share by Company, 2020-2025, Ranked by Data of 2024
Table 17. China Residential Electric Water Heaters Sales Quantity by Company, (2020-2025) & (K Units), Ranked Based on Sales in 2024
Table 18. China Residential Electric Water Heaters Sales Quantity by Company, 2020-2025, Ranked by Data of 2024
Table 19. Global Residential Electric Water Heaters Production & Forecast by Region, 2020 VS 2024 VS 2031, (K Units)
Table 20. Global Residential Electric Water Heaters Production by Region, 2020-2025, (K Units)
Table 21. Global Residential Electric Water Heaters Production Forecast by Region, 2026-2031, (K Units)
Table 22. Global Key Players of Residential Electric Water Heaters Upstream (Raw Materials)
Table 23. Global Residential Electric Water Heaters Typical Customers
Table 24. Residential Electric Water Heaters Typical Distributors
Table 25. by Type, Global Residential Electric Water Heaters Consumption Value & CAGR, 2020 VS 2024 VS 2031, US$ Million
Table 26. by Application, Global Residential Electric Water Heaters Consumption Value & CAGR, 2020 VS 2024 VS 2031, US$ Million
Table 27. By Region, Global Residential Electric Water Heaters Consumption Value, 2020 VS 2024 VS 2031, US$ Million
Table 28. By Region, Global Residential Electric Water Heaters Consumption Value, 2020-2031, US$ Million
Table 29. By Region, Global Residential Electric Water Heaters Sales Quantity, 2020-2031, (K Units)
Table 30. By Country, Global Residential Electric Water Heaters Consumption Value & CAGR, 2020 VS 2024 VS 2031, US$ Million
Table 31. By Country, Global Residential Electric Water Heaters Consumption Value, 2020-2031, US$ Million
Table 32. By Country, Global Residential Electric Water Heaters Consumption Value Market Share, 2020-2031
Table 33. By Country, Global Residential Electric Water Heaters Sales Quantity, 2020-2031, (K Units)
Table 34. By Country, Global Residential Electric Water Heaters Sales Quantity Market Share, 2020-2031
Table 35. Rinnai Company Information, Head Office, Market Area, and Industry Position
Table 36. Rinnai Residential Electric Water Heaters Models, Specifications, and Application
Table 37. Rinnai Residential Electric Water Heaters Sales Quantity (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin, 2020-2025
Table 38. Rinnai Company Profile and Main Business
Table 39. Rinnai Recent Developments
Table 40. A. O. Smith Company Information, Head Office, Market Area, and Industry Position
Table 41. A. O. Smith Residential Electric Water Heaters Models, Specifications, and Application
Table 42. A. O. Smith Residential Electric Water Heaters Sales Quantity (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin, 2020-2025
Table 43. A. O. Smith Company Profile and Main Business
Table 44. A. O. Smith Recent Developments
Table 45. Rheem Company Information, Head Office, Market Area, and Industry Position
Table 46. Rheem Residential Electric Water Heaters Models, Specifications, and Application
Table 47. Rheem Residential Electric Water Heaters Sales Quantity (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin, 2020-2025
Table 48. Rheem Company Profile and Main Business
Table 49. Rheem Recent Developments
Table 50. Haier Company Information, Head Office, Market Area, and Industry Position
Table 51. Haier Residential Electric Water Heaters Models, Specifications, and Application
Table 52. Haier Residential Electric Water Heaters Sales Quantity (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin, 2020-2025
Table 53. Haier Company Profile and Main Business
Table 54. Haier Recent Developments
Table 55. Noritz Company Information, Head Office, Market Area, and Industry Position
Table 56. Noritz Residential Electric Water Heaters Models, Specifications, and Application
Table 57. Noritz Residential Electric Water Heaters Sales Quantity (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin, 2020-2025
Table 58. Noritz Company Profile and Main Business
Table 59. Noritz Recent Developments
Table 60. Midea Company Information, Head Office, Market Area, and Industry Position
Table 61. Midea Residential Electric Water Heaters Models, Specifications, and Application
Table 62. Midea Residential Electric Water Heaters Sales Quantity (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin, 2020-2025
Table 63. Midea Company Profile and Main Business
Table 64. Midea Recent Developments
Table 65. Bosch Company Information, Head Office, Market Area, and Industry Position
Table 66. Bosch Residential Electric Water Heaters Models, Specifications, and Application
Table 67. Bosch Residential Electric Water Heaters Sales Quantity (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin, 2020-2025
Table 68. Bosch Company Profile and Main Business
Table 69. Bosch Recent Developments
Table 70. Vanward Company Information, Head Office, Market Area, and Industry Position
Table 71. Vanward Residential Electric Water Heaters Models, Specifications, and Application
Table 72. Vanward Residential Electric Water Heaters Sales Quantity (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin, 2020-2025
Table 73. Vanward Company Profile and Main Business
Table 74. Vanward Recent Developments
Table 75. Stiebel Eltron Company Information, Head Office, Market Area, and Industry Position
Table 76. Stiebel Eltron Residential Electric Water Heaters Models, Specifications, and Application
Table 77. Stiebel Eltron Residential Electric Water Heaters Sales Quantity (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin, 2020-2025
Table 78. Stiebel Eltron Company Profile and Main Business
Table 79. Stiebel Eltron Recent Developments
Table 80. Panasonic Company Information, Head Office, Market Area, and Industry Position
Table 81. Panasonic Residential Electric Water Heaters Models, Specifications, and Application
Table 82. Panasonic Residential Electric Water Heaters Sales Quantity (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin, 2020-2025
Table 83. Panasonic Company Profile and Main Business
Table 84. Panasonic Recent Developments
Table 85. GREE Company Information, Head Office, Market Area, and Industry Position
Table 86. GREE Residential Electric Water Heaters Models, Specifications, and Application
Table 87. GREE Residential Electric Water Heaters Sales Quantity (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin, 2020-2025
Table 88. GREE Company Profile and Main Business
Table 89. GREE Recent Developments
Table 90. Bradford White Corporation Company Information, Head Office, Market Area, and Industry Position
Table 91. Bradford White Corporation Residential Electric Water Heaters Models, Specifications, and Application
Table 92. Bradford White Corporation Residential Electric Water Heaters Sales Quantity (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin, 2020-2025
Table 93. Bradford White Corporation Company Profile and Main Business
Table 94. Bradford White Corporation Recent Developments
List of Figures
Figure 1. Residential Electric Water Heaters Picture
Figure 2. Global Residential Electric Water Heaters Consumption Value, (US$ million) & (2020-2031)
Figure 3. Global Residential Electric Water Heaters Sales Quantity, (K Units) & (2020-2031)
Figure 4. Global Residential Electric Water Heaters Average Selling Price (ASP), (2020-2031) & (US$/Unit)
Figure 5. China Residential Electric Water Heaters Consumption Value, (US$ million) & (2020-2031)
Figure 6. China Residential Electric Water Heaters Sales Quantity (K Units) & (2020-2031)
Figure 7. China Residential Electric Water Heaters Average Selling Price (ASP), (US$/Unit) & (2020-2031)
Figure 8. By Consumption Value, China Residential Electric Water Heaters Market Share of Global, 2020-2031
Figure 9. By Sales Quantity, China Residential Electric Water Heaters Market Share of Global, 2020-2031
Figure 10. Global Residential Electric Water Heaters Market Share by Company, (Tier 1, Tier 2, and Tier 3), 2024
Figure 11. China Residential Electric Water Heaters Key Participants, Market Share, 2024
Figure 12. Global Residential Electric Water Heaters Capacity, Production and Capacity Utilization, 2020-2031
Figure 13. Global Residential Electric Water Heaters Capacity Market Share by Region, 2024 VS 2031
Figure 14. Global Residential Electric Water Heaters Production Market Share & Forecast by Region, 2020-2031
Figure 15. Residential Electric Water Heaters Industry Chain
Figure 16. Residential Electric Water Heaters Procurement Model
Figure 17. Residential Electric Water Heaters Sales Model
Figure 18. Residential Electric Water Heaters Sales Channels, Direct Sales, and Distribution
Figure 19. Tankless Electric Water Heaters
Figure 20. Tank Electric Water Heaters
Figure 21. by Type, Global Residential Electric Water Heaters Consumption Value, 2020-2031, US$ Million
Figure 22. by Type, Global Residential Electric Water Heaters Consumption Value Market Share, 2020-2031
Figure 23. by Type, Global Residential Electric Water Heaters Sales Quantity, 2020-2031, (K Units)
Figure 24. by Type, Global Residential Electric Water Heaters Sales Quantity Market Share, 2020-2031
Figure 25. by Type, Global Residential Electric Water Heaters Average Selling Price (ASP), 2020-2031, (US$/Unit)
Figure 26. Less than 2 Person Home
Figure 27. 3 to 4 Person Home
Figure 28. More than 4 Person Home
Figure 29. by Application, Global Residential Electric Water Heaters Consumption Value, 2020-2031, US$ Million
Figure 30. by Application, Global Residential Electric Water Heaters Revenue Market Share, 2020-2031
Figure 31. by Application, Global Residential Electric Water Heaters Sales Quantity, 2020-2031, (K Units)
Figure 32. by Application, Global Residential Electric Water Heaters Sales Quantity Market Share, 2020-2031
Figure 33. by Application, Global Residential Electric Water Heaters Price, 2020-2031, (US$/Unit)
Figure 34. By Region, Global Residential Electric Water Heaters Consumption Value Market Share, 2020-2031
Figure 35. By Region, Global Residential Electric Water Heaters Sales Quantity Market Share, 2020-2031
Figure 36. North America Residential Electric Water Heaters Consumption Value & Forecasts, 2020-2031, US$ Million
Figure 37. By Country, North America Residential Electric Water Heaters Consumption Value Market Share, 2024
Figure 38. Europe Residential Electric Water Heaters Consumption Value & Forecasts, 2020-2031, US$ Million
Figure 39. By Country, Europe Residential Electric Water Heaters Consumption Value Market Share, 2024
Figure 40. Asia Pacific Residential Electric Water Heaters Consumption Value & Forecasts, 2020-2031, US$ Million
Figure 41. By Country/Region, Asia Pacific Residential Electric Water Heaters Consumption Value Market Share, 2024
Figure 42. South America Residential Electric Water Heaters Consumption Value & Forecasts, 2020-2031, US$ Million
Figure 43. By Country, South America Residential Electric Water Heaters Consumption Value Market Share, 2024
Figure 44. Middle East & Africa Residential Electric Water Heaters Consumption Value & Forecasts, 2020-2031, US$ Million
Figure 45. United States Residential Electric Water Heaters Sales Quantity, 2020-2031, (K Units)
Figure 46. by Type, United States Residential Electric Water Heaters Sales Quantity Market Share, 2024 VS 2031
Figure 47. by Application, United States Residential Electric Water Heaters Sales Quantity Market Share, 2024 VS 2031
Figure 48. Europe Residential Electric Water Heaters Sales Quantity, 2020-2031, (K Units)
Figure 49. by Type, Europe Residential Electric Water Heaters Sales Quantity Market Share, 2024 VS 2031
Figure 50. by Application, Europe Residential Electric Water Heaters Sales Quantity Market Share, 2024 VS 2031
Figure 51. China Residential Electric Water Heaters Sales Quantity, 2020-2031, (K Units)
Figure 52. by Type, China Residential Electric Water Heaters Sales Quantity Market Share, 2024 VS 2031
Figure 53. by Application, China Residential Electric Water Heaters Sales Quantity Market Share, 2024 VS 2031
Figure 54. Japan Residential Electric Water Heaters Sales Quantity, 2020-2031, (K Units)
Figure 55. by Type, Japan Residential Electric Water Heaters Sales Quantity Market Share, 2024 VS 2031
Figure 56. by Application, Japan Residential Electric Water Heaters Sales Quantity Market Share, 2024 VS 2031
Figure 57. South Korea Residential Electric Water Heaters Sales Quantity, 2020-2031, (K Units)
Figure 58. by Type, South Korea Residential Electric Water Heaters Sales Quantity Market Share, 2024 VS 2031
Figure 59. by Application, South Korea Residential Electric Water Heaters Sales Quantity Market Share, 2024 VS 2031
Figure 60. Southeast Asia Residential Electric Water Heaters Sales Quantity, 2020-2031, (K Units)
Figure 61. by Type, Southeast Asia Residential Electric Water Heaters Sales Quantity Market Share, 2024 VS 2031
Figure 62. by Application, Southeast Asia Residential Electric Water Heaters Sales Quantity Market Share, 2024 VS 2031
Figure 63. India Residential Electric Water Heaters Sales Quantity, 2020-2031, (K Units)
Figure 64. by Type, India Residential Electric Water Heaters Sales Quantity Market Share, 2024 VS 2031
Figure 65. by Application, India Residential Electric Water Heaters Sales Quantity Market Share, 2024 VS 2031
Figure 66. Middle East & Africa Residential Electric Water Heaters Sales Quantity, 2020-2031, (K Units)
Figure 67. by Type, Middle East & Africa Residential Electric Water Heaters Sales Quantity Market Share, 2024 VS 2031
Figure 68. by Application, Middle East & Africa Residential Electric Water Heaters Sales Quantity Market Share, 2024 VS 2031
Figure 69. Research Methodology
Figure 70. Breakdown of Primary Interviews
Figure 71. Bottom-up Approaches
Figure 72. Top-down Approaches
Research Methodology:
Residential Electric Water Heaters Market Size Estimation
To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.
Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.
Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.
We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.
Data Source
Secondary Sources
This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.
These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.
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Primary Sources
As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.
On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.
These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.
Key Data Information from Primary Sources
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