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Instant Electric Water Heater Market By Application (Residential, Commercial, Industrial, Institutional, Recreational, Others), By Type (Tankless (On-Demand) Instant Electric Water Heaters, Point-of-Use Instant Electric Water Heaters, Whole-House (Central) Instant Electric Water Heaters, Boosted Instant Electric Water Heaters, Portable Instant Electric Water Heaters), By End-Users (Residential, Commercial, Industrial, Institutional, Recreational) – Size, Share, Growth, Trends and Segment Forecasts to 2016-2030

Summary
Table Of Content

Market Insights

The Instant Electric Water Heater market has experienced remarkable growth, driven by several factors.
The market analysis for 2022 reveals that the low price range dominated the market size. This dominance suggests consumers prioritize affordability when selecting instant electric water heaters.
In 2022, the market’s revenue stood at USD 14,879.27 million.
It is projected to reach USD 23,737.89 million by 2030, representing a robust Compound Annual Growth Rate (CAGR) of 6.90% from 2023 to 2030.
Within the power segmentation, low-power instant electric water heaters (ranging from 1 kW to 5 kW) emerged as the largest segment, capturing over 50% of the market share in 2022. This segment’s popularity indicates a preference for energy-efficient and cost-effective solutions.
This substantial growth underscores the increasing demand for instant electric water heaters worldwide.
The residential end-user segment accounted for over 30% of the market share 2022. This reflects the growing adoption of instant electric water heaters in households, driven by energy efficiency and space-saving benefits.

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Executive Summary

The executive summary briefly highlights the key points of the Instant Electric Water Heater market, including its impressive growth, regional dominance, market segmentation, and the main drivers, restraints, and opportunities shaping the industry.

Market Definition

Instant Electric Water Heaters are innovative devices designed to provide hot water on demand. Unlike traditional water heaters with storage tanks, these heaters heat water as it flows through the unit, offering energy-efficient and space-saving solutions.

Market Overview

The Instant Electric Water Heater market has experienced remarkable growth, driven by several factors. In 2022, the market’s revenue stood at USD 14,879.27 million, and it is projected to reach USD 23,737.89 million by 2030, representing a robust Compound Annual Growth Rate (CAGR) of 6.90% from 2023 to 2030. This substantial growth underscores the increasing demand for instant electric water heaters worldwide.

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Market Segmentation

Segmentation by Application

Residential

The residential sector represents one of the most significant applications for instant electric water heaters. These units are commonly used in homes for various purposes, including:

Domestic Hot Water: Instant electric water heaters provide hot water for everyday household activities such as bathing, handwashing, and dishwashing.
Kitchen: In kitchens, these heaters ensure a constant hot water supply for cooking, cleaning, and washing dishes.
Space Heating: Some instant electric water heaters are designed to support radiant heating systems, providing warmth to living spaces.

The residential segment benefits from these heaters’ compact size and energy efficiency, making them an ideal choice for households looking to save space and reduce energy consumption.

Commercial

In the commercial sector, instant electric water heaters find applications in various settings, catering to specific needs:

Restaurants and Cafes: Instant electric water heaters are commonly used in restaurants and cafes to provide hot water for food preparation, beverage production, and dishwashing.
Hotels and Lodging: Hotels use these heaters to ensure a constant hot water supply for guest rooms, bathrooms, and laundry facilities.
Office Buildings: These heaters support the hot water needs of office buildings, including restroom facilities and break rooms.

The commercial sector benefits from the on-demand nature of instant electric water heaters, ensuring a reliable hot water supply for business operations while optimizing energy usage.

Industrial

Instant electric water heaters are valuable in industrial applications where hot water is required for specific processes:

Manufacturing: Industries such as food processing, pharmaceuticals, and electronics manufacturing use instant electric water heaters for precise temperature control in production processes.
Construction: Construction sites often require hot water for various tasks, including concrete mixing and equipment cleaning.
Agriculture: In agriculture, these heaters support tasks such as animal husbandry, crop processing, and greenhouse climate control.

Industrial applications benefit from the versatility and efficiency of instant electric water heaters, enabling precise control of hot water temperature for specialized processes.

Institutional

Institutional settings rely on instant electric water heaters to meet their hot water needs:

Schools and Universities: Educational institutions use these heaters for restroom facilities, laboratories, and cafeterias.
Hospitals and Healthcare Facilities: Healthcare facilities require a constant hot water supply for patient care, sterilization, and sanitary purposes.
Government Buildings: Government offices and facilities utilize instant electric water heaters for public restrooms and operational needs.

Institutional applications prioritize the consistent delivery of hot water for hygiene and operational requirements, making instant electric water heaters a reliable choice.

Recreational

Recreational settings also benefit from instant electric water heaters:

Swimming Pools: Instant electric water heaters maintain comfortable water temperatures in swimming pools and spas.
Sports Facilities: Sports complexes and gyms use these heaters for showers, locker rooms, and kitchen facilities.
Camping and RVs: Portable instant electric water heaters are popular among campers and RV enthusiasts for outdoor and on-the-go hot water needs.

Recreational applications emphasize convenience and flexibility, enabling individuals to enjoy hot water comforts in various leisure settings.

Others

The “Others” category encompasses diverse applications that may not fall into the abovementioned segments but contribute to the broader adoption of instant electric water heaters. These applications demonstrate the adaptability of these heaters in meeting specific hot water requirements, making them a versatile choice in various industries and scenarios.

Segmentation by Type

Tankless (On-Demand) Instant Electric Water Heaters

Tankless instant electric water heaters are characterized by their ability to heat water instantly as it passes through the unit without needing a storage tank. Key features of tankless heaters include:

Continuous Hot Water: Tankless heaters provide a continuous hot water supply, making them suitable for households and businesses with high hot water demands.
Energy Efficiency: They are energy-efficient because they only heat water when needed, reducing standby heat loss.
Compact Design: Tankless heaters are compact and space-saving, making them ideal for homes and businesses with limited space.
Variety of Sizes: Available in various sizes to accommodate different usage levels.

Point-of-Use Instant Electric Water Heaters

Point-of-use instant electric water heaters are designed to serve a specific location or appliance, such as a sink, shower, or dishwasher. Key features include:

Localized Heating: These heaters are installed near the point of use, minimizing heat loss in long water pipes and delivering hot water almost instantly.
Energy Savings: Point-of-use heaters reduce energy consumption compared to heating water centrally and transporting it through pipes.
Compact and Space-Saving: They have a compact footprint and can be installed in tight spaces, making them ideal for small bathrooms or kitchens.

Whole-House (Central) Instant Electric Water Heaters

Whole-house or central instant electric water heaters are designed to supply hot water to the entire home or business. Key features include:

High Capacity: These heaters have a high capacity to simultaneously meet the hot water needs of multiple bathrooms, kitchens, and appliances.
Centralized Heating: Water is heated centrally and distributed throughout the building via pipes.
Continuous Supply: They ensure a continuous hot water supply, making them suitable for larger households or commercial applications.

Boosted Instant Electric Water Heaters

Boosted instant electric water heaters are designed to work with traditional water heaters or solar water heating systems to provide additional hot water or boost water temperature. Key features include:

Temperature Enhancement: Boosted heaters increase the temperature of pre-heated water to the desired level, ensuring a consistent hot water supply.
Complementary Function: They complement existing water heating systems, making them energy-efficient and cost-effective.
Versatility: Boosted heaters can be used in residential and commercial settings to improve water heating efficiency.

Portable Instant Electric Water Heaters

Portable instant electric water heaters are compact and designed for mobility, making them suitable for outdoor activities, camping, and temporary installations. Key features include:

Compact and Lightweight: Portable heaters are easy to transport and set up, making them ideal for outdoor adventures.
Gas or Electric Powered: Some portable heaters are powered by gas, while others operate on electricity, offering flexibility in fuel sources.
On-the-Go Hot Water: They provide hot water wherever needed, even in remote locations.

Segmentation by End Users

Residential

The residential sector is one of the primary end users of instant electric water heaters. These appliances cater to various hot water needs within households, including:

Bathrooms: Instant electric water heaters provide hot water for showers, baths, and handwashing, ensuring comfort and convenience for residents.
Kitchens: They supply hot water for cooking, cleaning, and general kitchen use.
Laundry: Instant electric water heaters support hot water requirements for washing machines and laundry.
Space Heating: Some residential units use these heaters for space heating, providing warmth during colder seasons.

Residential users appreciate the efficiency and reliability of instant electric water heaters in meeting daily hot water demands while conserving energy.

Commercial

The commercial sector relies on instant electric water heaters to meet the hot water needs of businesses and institutions, including:

Restaurants and Cafes: Commercial kitchens use instant electric water heaters for food preparation, dishwashing, and beverage production.
Hotels and Lodging: These heaters ensure a consistent hot water supply for hotel and lodges’ guest rooms, kitchens, and laundry facilities.
Office Buildings: Instant electric water heaters support hot water requirements in office buildings, including restroom facilities, break rooms, and kitchens.
Retail Stores: Retail establishments utilize these heaters for restroom facilities and employee amenities.

Commercial users prioritize efficiency and dependability to maintain smooth business operations and provide a comfortable experience for customers and employees.

Industrial

The industrial sector employs instant electric water heaters for specific processes and applications, including:

Manufacturing: Industries such as food processing, pharmaceuticals, and electronics manufacturing use instant electric water heaters for precise temperature control in production processes.
Construction: Construction sites require hot water for concrete mixing, equipment cleaning, and worker amenities.
Agriculture: In agriculture, these heaters support activities like animal husbandry, crop processing, and greenhouse climate control.

Industrial users value the accuracy and control instant electric water heaters offer, ensuring optimal conditions for their specialized operations.

Institutional

Institutional settings rely on instant electric water heaters for their hot water needs, including:

Schools and Universities: Educational institutions use these heaters for restroom facilities, laboratories, cafeterias, and dormitories.
Hospitals and Healthcare Facilities: Healthcare institutions require a constant hot water supply for patient care, sterilization, and sanitary purposes.
Government Buildings: Government offices and facilities utilize instant electric water heaters for public restrooms and operational needs.

Institutional users prioritize hygiene and reliability to ensure a safe and comfortable environment for students, patients, visitors, and employees.

Recreational

Recreational settings also benefit from instant electric water heaters:

Swimming Pools: Instant electric water heaters maintain comfortable water temperatures in swimming pools and spas.
Sports Facilities: Sports complexes, gyms, and recreational centers rely on these heaters for showers, locker rooms, and kitchen facilities.
Camping and RVs: Portable instant electric water heaters are popular among campers and RV enthusiasts for outdoor and on-the-go hot water needs.

Recreational users emphasize convenience and flexibility, enhancing the overall experience for participants and visitors.

Others

The “Others” category encompasses diverse end users that may not fall into the segments above but contribute to the broader adoption of instant electric water heaters. These end users illustrate the adaptability and versatility of these heaters in addressing unique hot water requirements across various industries and settings.

Segmentation by Region

North America

Market Share: North America is a significant player in the Instant Electric Water Heater market, with a substantial share.

Market Dynamics:

United States: The U.S. represents a substantial portion of the North American market. Consumer demand for energy-efficient and space-saving water heating solutions drives the adoption of instant electric water heaters. Additionally, government incentives for energy-efficient appliances encourage market growth.

Europe

Market Share: Europe holds a considerable share of the global market.

Market Dynamics:

European Union: EU member countries prioritize energy efficiency and sustainable heating solutions. Instant electric water heaters align with these goals and find strong adoption, particularly in residential and commercial settings.

Asia Pacific

Market Share: Asia Pacific dominates the Instant Electric Water Heater market, with over 30% share in 2022.

Market Dynamics:

China: China’s rapid urbanization and construction projects drive the demand for instant electric water heaters in residential and commercial sectors. Energy efficiency and space-saving solutions are highly valued in this market.
India: Rising urbanization, increased disposable income, and growing awareness of energy-efficient appliances contribute to market growth in India.

Latin America

Market Share: Latin America holds a smaller share of the market.

Market Dynamics:

Brazil: Brazil’s market benefits from its large population and growing residential construction. The need for energy-efficient appliances in urban areas supports the adoption of instant electric water heaters.

Middle East and Africa

Market Dynamics:

Gulf Cooperation Council (GCC) Countries: The Middle East region prioritizes luxury and comfort in residential and commercial developments. Instant electric water heaters are favoured for their ability to provide an endless hot water supply, making them a suitable choice in this market.
South Africa: South Africa’s market is influenced by the need for reliable and energy-efficient water heating solutions. Instant electric water heaters cater to these demands.

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The global Instant Electric Water Heater market exhibits a diverse landscape segmented by region, each contributing uniquely to its growth dynamics. North America commands a substantial share, exceeding 30%, indicating its prominent position in the market. Notably, in 2022, North America emerged as a major player and is poised to maintain its momentum, projected to experience the fastest growth during the forecast period. This growth is driven by factors such as the region’s strong emphasis on energy efficiency, space-saving solutions, and the growing preference for sustainable heating options.

With a Compound Annual Growth Rate (CAGR) of around 5%, Europe demonstrates steady growth in the Instant Electric Water Heater market. The European market prioritizes energy-efficient appliances and sustainable heating solutions, aligning well with the characteristics of instant electric water heaters. This region is expected to continue witnessing significant growth throughout the forecast period, driven by the demand for compact and eco-friendly water heating solutions.

In the Asia Pacific region, the Instant Electric Water Heater market experiences robust growth, with a CAGR surpassing 7.5%. This remarkable growth is attributed to rapid urbanization, increased disposable income, and a growing awareness of energy-efficient appliances. Countries like China and India are at the forefront of this surge, driven by large-scale residential and commercial construction projects. The Asia Pacific is set to be a lucrative market for instant electric water heaters, presenting substantial opportunities for market players.

While holding a comparatively smaller market share of around 4.0%, Latin America demonstrates growth potential. The region’s market presence may be modest, but there is room for expansion as healthcare infrastructure and access to advanced medical devices improve. Sports-related injuries and age-related orthopedic conditions contribute to Latin America’s market growth.

The Middle East and Africa region show a CAGR of 3.5%, indicating significant growth potential. High-quality healthcare facilities and an increasing emphasis on medical tourism drive the adoption of advanced medical devices, including Instant Electric Water Heaters. The region’s orthopedic and dental procedures market is expanding steadily.

Key Highlights of the Report

In 2022, the Asia Pacific region held over 30% of the market share, driven by population growth and increasing residential construction. The low price range dominated the market size 2022, reflecting consumer preferences for affordability.

Low-power instant electric water heaters (1 kW to 5 kW) constituted the largest segment, capturing over 50% of the market share in 2022, emphasizing energy efficiency. The residential end-user segment accounted for over 30% of the market share in 2022, reflecting the popularity of these heaters in households.

What Are the Main Drivers of the Instant Electric Water Heaters Market?

The main drivers of the Instant Electric Water Heaters Market include energy efficiency, space savings, endless hot water supply, and growing residential construction.

What Are The Major Challenges Faced By the Instant Electric Water Heaters Market?

The Instant Electric Water Heaters Market’s major challenges include the higher initial cost, limited flow rates, and installation complexity.

What Are The Growth Opportunities In the Instant Electric Water Heaters Market?

The growth opportunities in the Instant Electric Water Heaters Market include technological advancements, commercial and industrial applications, smart and connected solutions, and the retrofit market.

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Market Drivers

Several factors drive the Instant Electric Water Heaters market. The following are the key drivers of the Instant Electric Water Heaters market:

Energy Efficiency

Energy efficiency is a pivotal driver propelling the surge in demand for instant electric water heaters. Consumers are fervently seeking ways to reduce energy consumption and lower their utility bills in today’s environmentally conscious world. Instant electric water heaters have emerged as a beacon of efficiency.

These cutting-edge appliances provide hot water precisely when needed, eliminating the need for a traditional water heater’s constant heating and reheating cycles. This reduction in standby energy losses contributes to substantial energy savings and aligns with sustainability goals.

Space Savings

Instant electric water heaters offer an ingenious solution to the perennial challenge of space constraints. With their compact design and absence of a storage tank, these heaters occupy minimal physical space, making them a coveted choice for urban dwellers and individuals with cramped living conditions.

The freedom from bulky appliances is a testament to the modern approach to space utilization, allowing homeowners and renters alike to maximize their living areas without compromising on hot water convenience.

Endless Hot Water Supply

One of the most compelling advantages of instant electric water heaters is their ability to deliver an uninterrupted and endless supply of hot water. Gone are the days of anxiously rushing through showers or household tasks, fearing the dreaded moment when the hot water runs out.

Instant electric water heaters cater to the demands of modern lifestyles, ensuring that hot water is consistently available whenever needed. This feature enhances convenience and elevates the overall quality of daily routines.

Growing Residential Construction

The surging wave of residential construction projects worldwide has significantly fueled the burgeoning demand for instant electric water heaters. With an ever-increasing number of homes being built, builders and homeowners increasingly recognize the manifold advantages of these advanced appliances. Modern homes are designed with efficiency, functionality, and sustainability, and instant electric water heaters align perfectly with these principles.

As a result, they have become an integral component of contemporary residential construction, catering to the evolving needs of homeowners seeking to optimize their living spaces and reduce their environmental footprint.

Market Restraints

The Instant Electric Water Heaters market faces challenges that may hinder its growth. These include the following:

Higher Initial Cost

One of the notable restraints the instant electric water heater market faces is the comparatively higher initial cost associated with these innovative systems. While the long-term benefits are clear, including energy savings and convenience, the upfront investment required can deter budget-conscious consumers.

Unlike traditional tank-based water heaters, which are often more affordable at the outset, instant electric water heaters demand a larger financial commitment. This initial cost factor may require consumers to weigh the potential savings against their immediate budget constraints carefully, influencing their decision-making when selecting a water heating solution.

Limited Flow Rates

Another constraint that users of instant electric water heaters may encounter relates to flow rates. Compared to their tank-based counterparts, instant electric water heaters might exhibit limitations in the volume of hot water they can deliver at any given moment. This restriction can be particularly evident when multiple fixtures or appliances require simultaneous access to hot water.

In such scenarios, the capacity of instant electric water heaters may not be sufficient to meet the demand effectively, potentially resulting in reduced water pressure or temperature fluctuations. This constraint highlights the importance of sizing these systems appropriately to align with the specific hot water requirements of the household or application.

Installation Complexity

Installing instant electric water heaters can be notably more complex than traditional water heating systems. Installing these advanced units often necessitates electrical upgrades and may demand more specialized knowledge and expertise.

Unlike the relatively straightforward installation of conventional tank-based water heaters, which typically involve connecting water and gas lines, instant electric water heaters require careful consideration of electrical connections, power requirements, and even potential adjustments to existing electrical infrastructure.

This added complexity can increase installation costs, as homeowners may need to properly engage professional technicians to set up their instant electric water heaters. As a result, the intricacy of installation can be perceived as a drawback, particularly for those who seek a hassle-free and cost-effective water heating solution.

Market Opportunities

The Instant Electric Water Heaters market faces challenges that may hinder its growth. These include the following:

Technological Advancements

The landscape of instant electric water heaters is poised for transformation through technological advancements. These developments drive the creation of more efficient and compact units, ultimately reshaping the industry. Innovations in materials, such as advanced insulation and heat exchangers, enhance the performance of instant electric water heaters while reducing their energy consumption.

Furthermore, the evolution of heating elements, including cutting-edge materials and designs, contributes to higher energy efficiency and improved durability. These technological strides promise to benefit consumers by offering water heaters that are both environmentally friendly and cost-effective in the long run, aligning with the growing emphasis on sustainability and energy conservation.

Commercial and Industrial Applications

The expansion of instant electric water heaters beyond residential settings presents a promising avenue for market growth. These versatile heating solutions can potentially revolutionize the commercial and industrial sectors. Businesses, hotels, and manufacturing facilities, among others, increasingly recognize the value of instant electric water heaters as efficient and reliable alternatives.

These heaters offer a streamlined approach to meeting hot water demands in high-traffic environments, facilitating a consistent hot water supply for various applications. Embracing instant electric water heaters can result in significant energy savings, reduced operational costs, and enhanced productivity in commercial and industrial operations.

Smart and Connected Solutions

Integrating smart and connected features into instant electric water heaters represents a compelling opportunity to elevate the user experience. Modern consumers are increasingly drawn to convenience and energy efficiency, and smart technologies are well-positioned to deliver on these expectations.

Instant electric water heaters with smart capabilities offer a range of benefits, including remote control via mobile apps, energy consumption monitoring, and precise temperature adjustments. These features empower users to optimize their hot water systems, ensuring comfort and efficiency while reducing wastage.

The convenience of remote control and the ability to monitor energy usage aligns with the evolving demands of tech-savvy consumers seeking innovative and eco-friendly solutions.

Retrofit Market

The retrofit market holds substantial potential for driving the growth of instant electric water heaters. Encouraging homeowners and businesses to transition from outdated water heating systems to modern instant electric alternatives can have a profound impact. Many older properties are equipped with less energy-efficient and space-consuming water heaters, presenting an opportunity for replacement and improvement.

By advocating for the adoption of instant electric water heaters in retrofit scenarios, the market can experience a surge in demand. This transition enhances energy efficiency and frees up valuable space within homes and facilities. Educating consumers about the advantages of retrofitting can be a pivotal strategy in promoting the widespread adoption of instant electric water heaters, fostering growth in the market while contributing to energy conservation efforts.

Competitive Landscape:

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Key Players

Key players contribute to its growth and innovation in the Instant Electric Water Heaters market. Some of the major players in the market and their market share are as follows:

Bosch
AEG
Rheem
Siemens
Rinnai
Ferroli
Electrolux
Midea
Ariston
Panasonic
Noritz
Vaillant
Stiebel Eltron

These companies focus on technological innovation, product customization, and expanding their global presence to maintain their competitive edge in the market. The market’s competitive landscape is expected to intensify as demand for Instant Electric Water Heaters rises.

Recent Development

On December 21, 2020, Bradford White Corporation, a renowned manufacturer specializing in commercial, residential, and industrial heating solutions and storage applications, unveiled a definitive agreement to acquire Keltech, Inc.’s assets. Keltech, Inc. boasts a remarkable track record of over three decades, during which they have earned a stellar reputation for producing top-tier commercial electric tankless water heaters celebrated for their exceptional performance and long-lasting durability.

Summary of Key Findings

Energy efficiency, space savings, endless hot water supply, and growing residential construction are driving the growth of the Instant Electric Water Heater market.
Higher initial costs, limited flow rates, and installation complexity challenge the market’s expansion.
Technological advancements, commercial and industrial applications, smart and connected solutions, and the retrofit market offer opportunities for growth and innovation.

Future Outlook

The Instant Electric Water Heater market is poised for continued growth, with technological advancements, increasing adoption in commercial and industrial sectors, and integrating smart features presenting significant opportunities.
Overcoming initial costs and flow rate challenges will be essential for sustained market expansion.
As the market evolves, adaptability and innovation will be key for industry players to maintain their competitive edge.

Market Segmentation

By Application
- Residential
- Commercial
- Industrial
- Institutional
- Recreational
- Others
By Type
- Tankless (On-Demand) Instant Electric Water Heaters
- Point-of-Use Instant Electric Water Heaters
- Whole-House (Central) Instant Electric Water Heaters
- Boosted Instant Electric Water Heaters
- Portable Instant Electric Water Heaters
By End-Users
- Residential
- Commercial
- Industrial
- Institutional
- Recreational
- Others
By Price Range
- Low
- Medium
- High
By Region
- North America
  - Canada
  - Mexico
- Europe
  - Germany
  - France
  - K.
  - Italy
  - Spain
  - Rest of Europe
- Asia Pacific
  - China
  - Japan
  - India
  - South Korea
  - South-east Asia
  - Rest of Asia Pacific
- Latin America
  - Brazil
  - Argentina
  - Rest of Latin America
- Middle East & Africa
  - GCC Countries
  - South Africa
  - Rest of Middle East and Africa

CHAPTER NO. 1 : INTRODUCTION 26

1.1. Report Description 26

1.1.1. Purpose of the Report 26

1.1.2. USP & Key Offerings 26

1.2. Key Benefits for Stakeholders 26

1.3. Target Audience 27

1.4. Report Scope 28

CHAPTER NO. 2 : EXECUTIVE SUMMARY 30

2.1. Instant Electric Water Heater Market Snapshot 30

2.2. Global Instant Electric Water Heater Market, 2017 – 2022 (USD Million) 31

CHAPTER NO. 3 : IMPACT ANALYSIS OF COVID 19 & RUSSIA-UKRAINE WAR ON INSTANT ELECTRIC WATER HEATER MARKET 32

3.1. Impact Assessment of COVID-19 Pandemic, By Region 32

3.1.1. Supply chain disruptions 32

3.1.2. Demand fluctuations 32

3.1.3. Shift in product mix 32

3.1.4. Reduced industrial activity 32

3.1.5. Temporary disruptions and delays 32

3.1.6. Shift in focus towards essential services 32

3.2. Russia-Ukraine War Impacts 33

3.2.1. Uncertainty and economic instability 33

3.2.2. Supply chain disruptions 33

3.2.3. Regional market shifts 33

3.2.4. Shift in government priorities 33

CHAPTER NO. 4 : INSTANT ELECTRIC WATER HEATER MARKET – INDUSTRY ANALYSIS 34

4.1. Introduction 34

4.2. Market Drivers 35

4.2.1. Driving Factor 1 Analysis 35

4.2.2. Driving Factor 2 Analysis 36

4.3. Market Restraints 37

4.3.1. Restraining Factor Analysis 37

4.4. Market Opportunities 38

4.4.1. Market Opportunity Analysis 38

4.5. Porter’s Five Forces Analysis 39

4.6. Value Chain Analysis 40

4.7. Buying Criteria 41

CHAPTER NO. 5 : ANALYSIS COMPETITIVE LANDSCAPE 42

5.1. Company Market Share Analysis – 2022 42

5.1.1. Global Instant Electric Water Heater Market: Company Market Share, by Revenue2022 42

5.1.2. Global Instant Electric Water Heater Market: Top 6 Company Market Share, by Revenue2022 42

5.1.3. Global Instant Electric Water Heater Market: Top 3 Company Market Share, by Revenue2022 43

5.1. Global Instant Electric Water Heater Market Company Revenue Market Share, 2022 44

5.2. Company Assessment Metrics, 2022 45

5.2.1. Stars 45

5.2.2. Emerging Leaders 45

5.2.3. Pervasive Players 45

5.2.4. Participants 45

5.3. Start-ups /SMEs Assessment Metrics, 2022 45

5.3.1. Progressive Companies 45

5.3.2. Responsive Companies 45

5.3.3. Dynamic Companies 45

5.3.4. Starting Blocks 45

5.4. Strategic Developments 46

5.4.1. Acquisitions & Mergers 46

5.4.2. New Product Launch 46

5.4.3. Regional Expansion 46

5.5. Key Players Product Matrix 47

CHAPTER NO. 6 : PESTEL & ADJACENT MARKET ANALYSIS 48

6.1. PESTEL 48

6.1.1. Political Factors 48

6.1.2. Economic Factors 48

6.1.3. Social Factors 48

6.1.4. Technological Factors 48

6.1.5. Environmental Factors 48

6.1.6. Legal Factors 48

6.2. Adjacent Market Analysis 48

CHAPTER NO. 7 : INSTANT ELECTRIC WATER HEATER MARKET – BY PRICE RANGE SEGMENT ANALYSIS 49

7.1. Instant Electric Water Heater Market Overview, by Price Range Segment 49

7.1.1. Instant Electric Water Heater Market Revenue Share, By Price Range, 2022 & 2030 50

7.1.2. Instant Electric Water Heater Market Attractiveness Analysis, By Price Range 51

7.1.3. Incremental Revenue Growth Opportunity, by Price Range, 2023 – 2030 51

7.1.4. Instant Electric Water Heater Market Revenue, By Price Range, 2017, 2022, 2026 & 2030 52

7.2. Low Price Range 53

7.2.1. Global Low Price Range Instant Electric Water Heater Market Revenue, By Region, 2017 – 2022 (USD Million) 54

7.2.2. Global Low Price Range Instant Electric Water Heater Market Revenue, By Region, 2017 – 2022 (USD Million) 54

7.3. Mid Price Range 55

7.3.1. Global Mid Price Range Instant Electric Water Heater Market Revenue, By Region, 2017 – 2022 (USD Million) 56

7.3.2. Global Mid Price Range Instant Electric Water Heater Market Revenue, By Region, 2017 – 2022 (USD Million) 56

7.4. High Price Range 57

7.4.1. Global High Price Range Instant Electric Water Heater Market Revenue, By Region, 2017 – 2022 (USD Million) 58

7.4.2. Global High Price Range Instant Electric Water Heater Market Revenue, By Region, 2017 – 2022 (USD Million) 58

CHAPTER NO. 8 : INSTANT ELECTRIC WATER HEATER MARKET – BY POWER RANGE SEGMENT ANALYSIS 59

8.1. Instant Electric Water Heater Market Overview, by Power Range Segment 59

8.1.1. Instant Electric Water Heater Market Revenue Share, By Power Range, 2022 & 2030 60

8.1.2. Instant Electric Water Heater Market Attractiveness Analysis, By Power Range 61

8.1.3. Incremental Revenue Growth Opportunity, by Power Range, 2023 – 2030 61

8.1.4. Instant Electric Water Heater Market Revenue, By Power Range, 2017, 2022, 2026 & 2030 62

8.2. Low-Power (1 kW to 5 kW) 63

8.2.1. Global Low-Power (1 kW to 5 kW) Instant Electric Water Heater Market Revenue, By Region, 2017 – 2022 (USD Million) 64

8.2.2. Global Low-Power (1 kW to 5 kW) Instant Electric Water Heater Market Revenue, By Region, 2017 – 2022 (USD Million) 64

8.3. Medium-Power (5 kW to 10 kW) 65

8.3.1. Global Medium-Power (5 kW to 10 kW) Instant Electric Water Heater Market Revenue, By Region, 2017 – 2022 (USD Million) 66

8.3.2. Global Medium-Power (5 kW to 10 kW) Instant Electric Water Heater Market Revenue, By Region, 2017 – 2022 (USD Million) 66

8.4. High-Power (10 kW to 30 kW) 67

8.4.1. Global High-Power (10 kW to 30 kW) Instant Electric Water Heater Market Revenue, By Region, 2017 – 2022 (USD Million) 68

8.4.2. Global High-Power (10 kW to 30 kW) Instant Electric Water Heater Market Revenue, By Region, 2017 – 2022 (USD Million) 68

8.5. Very High (Above 30 kW) 69

8.5.1. Global Very High (Above 30 kW) Instant Electric Water Heater Market Revenue, By Region, 2017 – 2022 (USD Million) 70

8.5.2. Global Very High (Above 30 kW) Instant Electric Water Heater Market Revenue, By Region, 2017 – 2022 (USD Million) 70

CHAPTER NO. 9 : INSTANT ELECTRIC WATER HEATER MARKET – BY END-USER SEGMENT ANALYSIS 71

9.1. Instant Electric Water Heater Market Overview, by End-user Segment 71

9.1.1. Instant Electric Water Heater Market Revenue Share, By End-user, 2022 & 2030 72

9.1.2. Instant Electric Water Heater Market Attractiveness Analysis, By End-user 73

9.1.3. Incremental Revenue Growth Opportunity, by End-user, 2023 – 2030 73

9.1.4. Instant Electric Water Heater Market Revenue, By End-user, 2017, 2022, 2026 & 2030 74

9.2. Residential 75

9.2.1. Global Residential Instant Electric Water Heater Market Revenue, By Region, 2017 – 2022 (USD Million) 76

9.2.2. Global Residential Instant Electric Water Heater Market Revenue, By Region, 2017 – 2022 (USD Million) 76

9.3. Commercial 77

9.3.1. Global Commercial Instant Electric Water Heater Market Revenue, By Region, 2017 – 2022 (USD Million) 78

9.3.2. Global Commercial Instant Electric Water Heater Market Revenue, By Region, 2017 – 2022 (USD Million) 78

9.4. Industrial 79

9.4.1. Global Industrial Instant Electric Water Heater Market Revenue, By Region, 2017 – 2022 (USD Million) 80

9.4.2. Global Industrial Instant Electric Water Heater Market Revenue, By Region, 2017 – 2022 (USD Million) 80

CHAPTER NO. 10 : INSTANT ELECTRIC WATER HEATER MARKET – BY DISTRIBUTION CHANNEL SEGMENT ANALYSIS 81

10.1. Instant Electric Water Heater Market Overview, by Distribution Channel Segment 81

10.1.1. Instant Electric Water Heater Market Revenue Share, By Distribution Channel, 2022 & 2030 82

10.1.2. Instant Electric Water Heater Market Attractiveness Analysis, By Distribution Channel 83

10.1.3. Incremental Revenue Growth Opportunity, by Distribution Channel, 2023 – 2030 83

10.1.4. Instant Electric Water Heater Market Revenue, By Distribution Channel, 2017, 2022, 2026 & 2030 84

10.2. Distributors 85

10.2.1. Global Distributors Instant Electric Water Heater Market Revenue, By Region, 2017 – 2022 (USD Million) 86

10.2.2. Global Distributors Instant Electric Water Heater Market Revenue, By Region, 2017 – 2022 (USD Million) 86

10.3. Direct Sales 87

10.3.1. Global Direct Sales Instant Electric Water Heater Market Revenue, By Region, 2017 – 2022 (USD Million) 88

10.3.2. Global Direct Sales Instant Electric Water Heater Market Revenue, By Region, 2017 – 2022 (USD Million) 88

CHAPTER NO. 11 : INSTANT ELECTRIC WATER HEATER MARKET – REGIONAL ANALYSIS 89

11.1. Instant Electric Water Heater Market Overview, by Regional Segments 89

11.2. Region 90

11.2.1. Global Instant Electric Water Heater Market Revenue Share, By Region, 2022 & 2030 90

11.2.2. Instant Electric Water Heater Market Attractiveness Analysis, By Region 91

11.2.3. Incremental Revenue Growth Opportunity, by Region, 2023 – 2030 91

11.2.4. Instant Electric Water Heater Market Revenue, By Region, 2017, 2022, 2026 & 2030 92

11.2.5. Global Instant Electric Water Heater Market Revenue, By Region, 2017 – 2022 (USD Million) 93

11.2.6. Global Instant Electric Water Heater Market Revenue, By Region, 2023 – 2030 (USD Million) 93

11.3. Price Range 94

11.3.1. Global Instant Electric Water Heater Market Revenue, By Price Range, 2017 – 2022 (USD Million) 94

11.3.2. Global Instant Electric Water Heater Market Revenue, By Price Range, 2023 – 2030 (USD Million) 94

11.4. Power Range 95

11.4.1. Global Instant Electric Water Heater Market Revenue, By Power Range, 2017 – 2022 (USD Million) 95

11.4.2. Global Instant Electric Water Heater Market Revenue, By Power Range, 2023 – 2030 (USD Million) 95

11.5. End-user 96

11.5.1. Global Instant Electric Water Heater Market Revenue, By End-user, 2017 – 2022 (USD Million) 96

11.5.2. Global Instant Electric Water Heater Market Revenue, By End-user, 2023 – 2030 (USD Million) 96

11.6. Distribution Channel 97

11.6.1. Global Instant Electric Water Heater Market Revenue, By Distribution Channel, 2017 – 2022 (USD Million) 97

11.6.2. Global Instant Electric Water Heater Market Revenue, By Distribution Channel, 2023 – 2030 (USD Million) 97

CHAPTER NO. 12 : INSTANT ELECTRIC WATER HEATER MARKET – NORTH AMERICA 98

12.1. North America 98

12.1. Key Highlights 98

12.1.1. North America Instant Electric Water Heater Market Revenue, By Country, 2017 – 2022 (USD Million) 99

12.1.2. North America Instant Electric Water Heater Market Revenue, By Price Range, 2017 – 2022 (USD Million) 100

12.1.3. North America Instant Electric Water Heater Market Revenue, By Power Range, 2017 – 2022 (USD Million) 101

12.1.4. North America Instant Electric Water Heater Market Revenue, By End-user, 2017 – 2022 (USD Million) 102

12.1.5. North America Instant Electric Water Heater Market Revenue, By Distribution Channel, 2017 – 2022 (USD Million) 103

12.1.6. U.S. 104

12.1.7. Canada 104

12.1.8. Mexico 104

CHAPTER NO. 13 : INSTANT ELECTRIC WATER HEATER MARKET – EUROPE 105

13.1. Europe 105

13.2. Key Highlights 105

13.2.1. Europe Instant Electric Water Heater Market Revenue, By Country, 2017 – 2022 (USD Million) 106

13.2.2. Europe Instant Electric Water Heater Market Revenue, By Price Range, 2017 – 2022 (USD Million) 107

13.2.3. Europe Instant Electric Water Heater Market Revenue, By Power Range, 2017 – 2022 (USD Million) 108

13.2.4. Europe Instant Electric Water Heater Market Revenue, By End-user, 2017 – 2022 (USD Million) 109

13.2.5. Europe Instant Electric Water Heater Market Revenue, By Distribution Channel, 2017 – 2022 (USD Million) 110

13.2.6. UK 111

13.2.7. France 111

13.2.8. Germany 111

13.2.9. Italy 111

13.2.10. Spain 111

13.2.11. Russia 111

13.2.12. BENELUX 111

13.2.13. Sweden 111

13.2.14. Denmark 111

13.2.15. Poland 111

13.2.16. Austria 111

13.2.17. Rest of Europe 111

CHAPTER NO. 14 : INSTANT ELECTRIC WATER HEATER MARKET – ASIA PACIFIC 112

14.1. Asia Pacific 112

14.2. Key Highlights 112

14.2.1. Asia Pacific Instant Electric Water Heater Market Revenue, By Country, 2017 – 2022 (USD Million) 113

14.2.2. Asia Pacific Instant Electric Water Heater Market Revenue, By Price Range, 2017 – 2022 (USD Million) 114

14.2.3. Asia Pacific Instant Electric Water Heater Market Revenue, By Power Range, 2017 – 2022 (USD Million) 115

14.2.4. Asia Pacific Instant Electric Water Heater Market Revenue, By End-user, 2017 – 2022 (USD Million) 116

14.2.5. Asia Pacific Instant Electric Water Heater Market Revenue, By Distribution Channel, 2017 – 2022 (USD Million) 117

14.2.6. China 118

14.2.7. Japan 118

14.2.8. South Korea 118

14.2.9. India 118

14.2.10. Thailand 118

14.2.11. Indonesia 118

14.2.12. Vietnam 118

14.2.13. Malaysia 118

14.2.14. Philippines 118

14.2.15. Taiwan 118

14.2.16. Rest of Asia Pacific 118

CHAPTER NO. 15 : INSTANT ELECTRIC WATER HEATER MARKET – LATIN AMERICA 119

15.1. Latin America 119

15.2. Key Highlights 119

15.2.1. Latin America Instant Electric Water Heater Market Revenue, By Country, 2017 – 2022 (USD Million) 120

15.2.2. Latin America Instant Electric Water Heater Market Revenue, By Price Range, 2017 – 2022 (USD Million) 121

15.2.3. Latin America Instant Electric Water Heater Market Revenue, By Power Range, 2017 – 2022 (USD Million) 122

15.2.4. Latin America Instant Electric Water Heater Market Revenue, By End-user, 2017 – 2022 (USD Million) 123

15.2.5. Latin America Instant Electric Water Heater Market Revenue, By Distribution Channel, 2017 – 2022 (USD Million) 124

15.2.6. Brazil 125

15.2.7. Argentina 125

15.2.8. Colombia 125

15.2.9. Chile 125

15.2.10. Peru 125

15.2.11. Rest of Latin America 125

CHAPTER NO. 16 : INSTANT ELECTRIC WATER HEATER MARKET – MIDDLE EAST 126

16.1. The Middle-East 126

16.2. Key Highlights 126

16.2.1. Middle East Instant Electric Water Heater Market Revenue, By Country, 2017 – 2022 (USD Million) 127

16.2.2. Middle East Instant Electric Water Heater Market Revenue, By Price Range, 2017 – 2022 (USD Million) 128

16.2.3. Middle East Instant Electric Water Heater Market Revenue, By Power Range, 2017 – 2022 (USD Million) 129

16.2.4. Middle East Instant Electric Water Heater Market Revenue, By End-user, 2017 – 2022 (USD Million) 130

16.2.5. Middle East Instant Electric Water Heater Market Revenue, By Distribution Channel, 2017 – 2022 (USD Million) 131

16.2.6. GCC Countries 132

16.2.7. Israel 132

16.2.8. Turkey 132

16.2.9. Iran 132

16.2.10. Rest of Middle East & Africa 132

CHAPTER NO. 17 : INSTANT ELECTRIC WATER HEATER MARKET – AFRICA 133

17.1. Africa 133

17.2. Key Highlights 133

17.2.1. Africa Instant Electric Water Heater Market Revenue, By Country, 2017 – 2022 (USD Million) 134

17.2.2. Africa Instant Electric Water Heater Market Revenue, By Price Range, 2017 – 2022 (USD Million) 135

17.2.3. Africa Instant Electric Water Heater Market Revenue, By Power Range, 2017 – 2022 (USD Million) 136

17.2.4. Africa Instant Electric Water Heater Market Revenue, By End-user, 2017 – 2022 (USD Million) 137

17.2.5. Africa Instant Electric Water Heater Market Revenue, By Distribution Channel, 2017 – 2022 (USD Million) 138

17.2.6. South Africa 139

17.2.7. Egypt 139

17.2.8. Nigeria 139

17.2.9. Algeria 139

17.2.10. Morocco 139

17.2.11. Rest of Africa 139

CHAPTER NO. 18 : COMPANY PROFILES 140

18.1. Rheem 140

18.1.1. Company Overview 140

18.1.2. Product Portfolio 140

18.1.3. Swot Analysis 140

18.1.4. Business Strategy 141

18.1.5. Financial Overview 141

18.2. Bosch 141

18.3. Rinnai 141

18.4. Electrolux 141

18.5. Ariston 141

18.6. Noritz 141

18.7. Stiebel Eltron 141

18.8. Vaillant 141

18.9. Panasonic 141

18.10. Midea 141

18.11. Ferroli 142

18.12. Siemens 142

18.13. AEG 142

18.14. Noritz 142

18.15. Takagi 142

18.16. Haier 142

18.17. Bajaj Electricals 142

18.18. Havells 142

18.19. V-Guard 142

18.20. Crompton Greaves 142

CHAPTER NO. 19 : RESEARCH METHODOLOGY 143

19.1. Research Methodology 143

19.2. Phase I – Secondary Research 144

19.3. Phase II – Data Modeling 144

19.3.1. Company Share Analysis Model 145

19.3.2. Revenue Based Modeling 145

19.4. Phase III – Primary Research 146

19.5. Research Limitations 147

19.5.1. Assumptions 147

List of Figures

FIG NO. 1. Global Instant Electric Water Heater Market Revenue, 2017 – 2022 (USD Million) 31

FIG NO. 2. Porter’s Five Forces Analysis for Global Instant Electric Water Heater Market 39

FIG NO. 3. Value Chain Analysis for Global Instant Electric Water Heater Market 40

FIG NO. 4. Company Share Analysis, 2022 42

FIG NO. 5. Company Share Analysis, 2022 42

FIG NO. 6. Company Share Analysis, 2022 43

FIG NO. 7. Instant Electric Water Heater Market – Company Revenue Market Share, 2022 44

FIG NO. 8. Instant Electric Water Heater Market Revenue Share, By Price Range, 2022 & 2030 50

FIG NO. 9. Market Attractiveness Analysis, By Price Range 51

FIG NO. 10. Incremental Revenue Growth Opportunity by Price Range 51

FIG NO. 11. Instant Electric Water Heater Market Revenue, By Price Range, 2017, 2022, 2026 & 2030 52

FIG NO. 12. Global Instant Electric Water Heater Market for Low Price Range, Revenue (USD Million) 2017 – 2030 53

FIG NO. 13. Global Instant Electric Water Heater Market for Mid Price Range, Revenue (USD Million) 2017 – 2030 55

FIG NO. 14. Global Instant Electric Water Heater Market for High Price Range, Revenue (USD Million) 2017 – 2030 57

FIG NO. 15. Instant Electric Water Heater Market Revenue Share, By Power Range, 2022 & 2030 60

FIG NO. 16. Market Attractiveness Analysis, By Power Range 61

FIG NO. 17. Incremental Revenue Growth Opportunity by Power Range 61

FIG NO. 18. Instant Electric Water Heater Market Revenue, By Power Range, 2017, 2022, 2026 & 2030 62

FIG NO. 19. Global Instant Electric Water Heater Market for Low-Power (1 kW to 5 kW), Revenue (USD Million) 2017 – 2030 63

FIG NO. 20. Global Instant Electric Water Heater Market for Medium-Power (5 kW to 10 kW), Revenue (USD Million) 2017 – 2030 65

FIG NO. 21. Global Instant Electric Water Heater Market for High-Power (10 kW to 30 kW), Revenue (USD Million) 2017 – 2030 67

FIG NO. 22. Global Instant Electric Water Heater Market for Very High (Above 30 kW), Revenue (USD Million) 2017 – 2030 69

FIG NO. 23. Instant Electric Water Heater Market Revenue Share, By End-user, 2022 & 2030 72

FIG NO. 24. Market Attractiveness Analysis, By End-user 73

FIG NO. 25. Incremental Revenue Growth Opportunity by End-user 73

FIG NO. 26. Instant Electric Water Heater Market Revenue, By End-user, 2017, 2022, 2026 & 2030 74

FIG NO. 27. Global Instant Electric Water Heater Market for Residential, Revenue (USD Million) 2017 – 2030 75

FIG NO. 28. Global Instant Electric Water Heater Market for Commercial, Revenue (USD Million) 2017 – 2030 77

FIG NO. 29. Global Instant Electric Water Heater Market for Industrial, Revenue (USD Million) 2017 – 2030 79

FIG NO. 30. Instant Electric Water Heater Market Revenue Share, By Distribution Channel, 2022 & 2030 82

FIG NO. 31. Market Attractiveness Analysis, By Distribution Channel 83

FIG NO. 32. Incremental Revenue Growth Opportunity by Distribution Channel 83

FIG NO. 33. Instant Electric Water Heater Market Revenue, By Distribution Channel, 2017, 2022, 2026 & 2030 84

FIG NO. 34. Global Instant Electric Water Heater Market for Distributors, Revenue (USD Million) 2017 – 2030 85

FIG NO. 35. Global Instant Electric Water Heater Market for Direct Sales, Revenue (USD Million) 2017 – 2030 87

FIG NO. 36. Global Instant Electric Water Heater Market Revenue Share, By Region, 2022 & 2030 90

FIG NO. 37. Market Attractiveness Analysis, By Region 91

FIG NO. 38. Incremental Revenue Growth Opportunity by Region 91

FIG NO. 39. Instant Electric Water Heater Market Revenue, By Region, 2017, 2022, 2026 & 2030 92

FIG NO. 40. North America Instant Electric Water Heater Market Revenue, 2017 – 2022 (USD Million) 98

FIG NO. 41. Europe Instant Electric Water Heater Market Revenue, 2017 – 2022 (USD Million) 105

FIG NO. 42. Asia Pacific Instant Electric Water Heater Market Revenue, 2017 – 2022 (USD Million) 112

FIG NO. 43. Latin America Instant Electric Water Heater Market Revenue, 2017 – 2022 (USD Million) 119

FIG NO. 44. The Middle-East Instant Electric Water Heater Market Revenue, 2017 – 2022 (USD Million) 126

FIG NO. 45. Africa Instant Electric Water Heater Market Revenue, 2017 – 2022 (USD Million) 133

FIG NO. 46. Research Methodology – Detailed View 143

FIG NO. 47. Research Methodology 144

List of Tables

TABLE NO. 1. : Global Instant Electric Water Heater Market: Snapshot 29

TABLE NO. 2. : Drivers for the Instant Electric Water Heater Market: Impact Analysis 34

TABLE NO. 3. : Restraints for the Instant Electric Water Heater Market: Impact Analysis 36

TABLE NO. 4. : Global Low Price Range Instant Electric Water Heater Market Revenue, By Region, 2017 – 2022 (USD Million) 53

TABLE NO. 5. : Global Low Price Range Instant Electric Water Heater Market Revenue, By Region, 2023– 2030 (USD Million) 53

TABLE NO. 6. : Global Mid Price Range Instant Electric Water Heater Market Revenue, By Region, 2017 – 2022 (USD Million) 55

TABLE NO. 7. : Global Mid Price Range Instant Electric Water Heater Market Revenue, By Region, 2023– 2030 (USD Million) 55

TABLE NO. 8. : Global High Price Range Instant Electric Water Heater Market Revenue, By Region, 2017 – 2022 (USD Million) 57

TABLE NO. 9. : Global High Price Range Instant Electric Water Heater Market Revenue, By Region, 2023– 2030 (USD Million) 57

TABLE NO. 10. : Global Low-Power (1 kW to 5 kW) Instant Electric Water Heater Market Revenue, By Region, 2017 – 2022 (USD Million) 63

TABLE NO. 11. : Global Low-Power (1 kW to 5 kW) Instant Electric Water Heater Market Revenue, By Region, 2023– 2030 (USD Million) 63

TABLE NO. 12. : Global Medium-Power (5 kW to 10 kW) Instant Electric Water Heater Market Revenue, By Region, 2017 – 2022 (USD Million) 65

TABLE NO. 13. : Global Medium-Power (5 kW to 10 kW) Instant Electric Water Heater Market Revenue, By Region, 2023– 2030 (USD Million) 65

TABLE NO. 14. : Global High-Power (10 kW to 30 kW) Instant Electric Water Heater Market Revenue, By Region, 2017 – 2022 (USD Million) 67

TABLE NO. 15. : Global High-Power (10 kW to 30 kW) Instant Electric Water Heater Market Revenue, By Region, 2023– 2030 (USD Million) 67

TABLE NO. 16. : Global Very High (Above 30 kW) Instant Electric Water Heater Market Revenue, By Region, 2017 – 2022 (USD Million) 69

TABLE NO. 17. : Global Very High (Above 30 kW) Instant Electric Water Heater Market Revenue, By Region, 2023– 2030 (USD Million) 69

TABLE NO. 18. : Global Residential Instant Electric Water Heater Market Revenue, By Region, 2017 – 2022 (USD Million) 75

TABLE NO. 19. : Global Residential Instant Electric Water Heater Market Revenue, By Region, 2023– 2030 (USD Million) 75

TABLE NO. 20. : Global Commercial Instant Electric Water Heater Market Revenue, By Region, 2017 – 2022 (USD Million) 77

TABLE NO. 21. : Global Commercial Instant Electric Water Heater Market Revenue, By Region, 2023– 2030 (USD Million) 77

TABLE NO. 22. : Global Industrial Instant Electric Water Heater Market Revenue, By Region, 2017 – 2022 (USD Million) 79

TABLE NO. 23. : Global Industrial Instant Electric Water Heater Market Revenue, By Region, 2023– 2030 (USD Million) 79

TABLE NO. 24. : Global Distributors Instant Electric Water Heater Market Revenue, By Region, 2017 – 2022 (USD Million) 85

TABLE NO. 25. : Global Distributors Instant Electric Water Heater Market Revenue, By Region, 2023– 2030 (USD Million) 85

TABLE NO. 26. : Global Direct Sales Instant Electric Water Heater Market Revenue, By Region, 2017 – 2022 (USD Million) 87

TABLE NO. 27. : Global Direct Sales Instant Electric Water Heater Market Revenue, By Region, 2023– 2030 (USD Million) 87

TABLE NO. 28. : Global Instant Electric Water Heater Market Revenue, By Region, 2017 – 2022 (USD Million) 92

TABLE NO. 29. : Global Instant Electric Water Heater Market Revenue, By Region, 2023– 2030 (USD Million) 92

TABLE NO. 30. : Global Instant Electric Water Heater Market Revenue, By Price Range, 2017 – 2022 (USD Million) 93

TABLE NO. 31. : Global Instant Electric Water Heater Market Revenue, By Price Range, 2023– 2030 (USD Million) 93

TABLE NO. 32. : Global Instant Electric Water Heater Market Revenue, By Power Range, 2017 – 2022 (USD Million) 94

TABLE NO. 33. : Global Instant Electric Water Heater Market Revenue, By Power Range, 2023– 2030 (USD Million) 94

TABLE NO. 34. : Global Instant Electric Water Heater Market Revenue, By End-user, 2017 – 2022 (USD Million) 95

TABLE NO. 35. : Global Instant Electric Water Heater Market Revenue, By End-user, 2023– 2030 (USD Million) 95

TABLE NO. 36. : Global Instant Electric Water Heater Market Revenue, By Distribution Channel, 2017 – 2022 (USD Million) 96

TABLE NO. 37. : Global Instant Electric Water Heater Market Revenue, By Distribution Channel, 2023– 2030 (USD Million) 96

TABLE NO. 38. : North America Instant Electric Water Heater Market Revenue, By Country, 2017 – 2022 (USD Million) 98

TABLE NO. 39. : North America Instant Electric Water Heater Market Revenue, By Country, 2023– 2030 (USD Million) 98

TABLE NO. 40. : North America Instant Electric Water Heater Market Revenue, By Price Range, 2017 – 2022 (USD Million) 99

TABLE NO. 41. : North America Instant Electric Water Heater Market Revenue, By Price Range, 2023– 2030 (USD Million) 99

TABLE NO. 42. : North America Instant Electric Water Heater Market Revenue, By Power Range, 2017 – 2022 (USD Million) 100

TABLE NO. 43. : North America Instant Electric Water Heater Market Revenue, By Power Range, 2023– 2030 (USD Million) 100

TABLE NO. 44. : North America Instant Electric Water Heater Market Revenue, By End-user, 2017 – 2022 (USD Million) 101

TABLE NO. 45. : North America Instant Electric Water Heater Market Revenue, By End-user, 2023– 2030 (USD Million) 101

TABLE NO. 46. : North America Instant Electric Water Heater Market Revenue, By Distribution Channel, 2017 – 2022 (USD Million) 102

TABLE NO. 47. : North America Instant Electric Water Heater Market Revenue, By Distribution Channel, 2023– 2030 (USD Million) 102

TABLE NO. 48. : Europe Instant Electric Water Heater Market Revenue, By Country, 2017 – 2022 (USD Million) 105

TABLE NO. 49. : Europe Instant Electric Water Heater Market Revenue, By Country, 2023– 2030 (USD Million) 105

TABLE NO. 50. : Europe Instant Electric Water Heater Market Revenue, By Price Range, 2017 – 2022 (USD Million) 106

TABLE NO. 51. : Europe Instant Electric Water Heater Market Revenue, By Price Range, 2023– 2030 (USD Million) 106

TABLE NO. 52. : Europe Instant Electric Water Heater Market Revenue, By Power Range, 2017 – 2022 (USD Million) 107

TABLE NO. 53. : Europe Instant Electric Water Heater Market Revenue, By Power Range, 2023– 2030 (USD Million) 107

TABLE NO. 54. : Europe Instant Electric Water Heater Market Revenue, By End-user, 2017 – 2022 (USD Million) 108

TABLE NO. 55. : Europe Instant Electric Water Heater Market Revenue, By End-user, 2023– 2030 (USD Million) 108

TABLE NO. 56. : Europe Instant Electric Water Heater Market Revenue, By Distribution Channel, 2017 – 2022 (USD Million) 109

TABLE NO. 57. : Europe Instant Electric Water Heater Market Revenue, By Distribution Channel, 2023– 2030 (USD Million) 109

TABLE NO. 58. : Asia Pacific Instant Electric Water Heater Market Revenue, By Country, 2017 – 2022 (USD Million) 112

TABLE NO. 59. : Asia Pacific Instant Electric Water Heater Market Revenue, By Country, 2023– 2030 (USD Million) 112

TABLE NO. 60. : Asia Pacific Instant Electric Water Heater Market Revenue, By Price Range, 2017 – 2022 (USD Million) 113

TABLE NO. 61. : Asia Pacific Instant Electric Water Heater Market Revenue, By Price Range, 2023– 2030 (USD Million) 113

TABLE NO. 62. : Asia Pacific Instant Electric Water Heater Market Revenue, By Power Range, 2017 – 2022 (USD Million) 114

TABLE NO. 63. : Asia Pacific Instant Electric Water Heater Market Revenue, By Power Range, 2023– 2030 (USD Million) 114

TABLE NO. 64. : Asia Pacific Instant Electric Water Heater Market Revenue, By End-user, 2017 – 2022 (USD Million) 115

TABLE NO. 65. : Asia Pacific Instant Electric Water Heater Market Revenue, By End-user, 2023– 2030 (USD Million) 115

TABLE NO. 66. : Asia Pacific Instant Electric Water Heater Market Revenue, By Distribution Channel, 2017 – 2022 (USD Million) 116

TABLE NO. 67. : Asia Pacific Instant Electric Water Heater Market Revenue, By Distribution Channel, 2023– 2030 (USD Million) 116

TABLE NO. 68. : Latin America Instant Electric Water Heater Market Revenue, By Country, 2017 – 2022 (USD Million) 119

TABLE NO. 69. : Latin America Instant Electric Water Heater Market Revenue, By Country, 2023– 2030 (USD Million) 119

TABLE NO. 70. : Latin America Instant Electric Water Heater Market Revenue, By Price Range, 2017 – 2022 (USD Million) 120

TABLE NO. 71. : Latin America Instant Electric Water Heater Market Revenue, By Price Range, 2023– 2030 (USD Million) 120

TABLE NO. 72. : Latin America Instant Electric Water Heater Market Revenue, By Power Range, 2017 – 2022 (USD Million) 121

TABLE NO. 73. : Latin America Instant Electric Water Heater Market Revenue, By Power Range, 2023– 2030 (USD Million) 121

TABLE NO. 74. : Latin America Instant Electric Water Heater Market Revenue, By End-user, 2017 – 2022 (USD Million) 122

TABLE NO. 75. : Latin America Instant Electric Water Heater Market Revenue, By End-user, 2023– 2030 (USD Million) 122

TABLE NO. 76. : Latin America Instant Electric Water Heater Market Revenue, By Distribution Channel, 2017 – 2022 (USD Million) 123

TABLE NO. 77. : Latin America Instant Electric Water Heater Market Revenue, By Distribution Channel, 2023– 2030 (USD Million) 123

TABLE NO. 78. : Middle East Instant Electric Water Heater Market Revenue, By Country, 2017 – 2022 (USD Million) 126

TABLE NO. 79. : Middle East Instant Electric Water Heater Market Revenue, By Country, 2023– 2030 (USD Million) 126

TABLE NO. 80. : Middle East Instant Electric Water Heater Market Revenue, By Price Range, 2017 – 2022 (USD Million) 127

TABLE NO. 81. : Middle East Instant Electric Water Heater Market Revenue, By Price Range, 2023– 2030 (USD Million) 127

TABLE NO. 82. : Middle East Instant Electric Water Heater Market Revenue, By Power Range, 2017 – 2022 (USD Million) 128

TABLE NO. 83. : Middle East Instant Electric Water Heater Market Revenue, By Power Range, 2023– 2030 (USD Million) 128

TABLE NO. 84. : Middle East Instant Electric Water Heater Market Revenue, By End-user, 2017 – 2022 (USD Million) 129

TABLE NO. 85. : Middle East Instant Electric Water Heater Market Revenue, By End-user, 2023– 2030 (USD Million) 129

TABLE NO. 86. : Middle East Instant Electric Water Heater Market Revenue, By Distribution Channel, 2017 – 2022 (USD Million) 130

TABLE NO. 87. : Middle East Instant Electric Water Heater Market Revenue, By Distribution Channel, 2023– 2030 (USD Million) 130

TABLE NO. 88. : Africa Instant Electric Water Heater Market Revenue, By Country, 2017 – 2022 (USD Million) 133

TABLE NO. 89. : Africa Instant Electric Water Heater Market Revenue, By Country, 2023– 2030 (USD Million) 133

TABLE NO. 90. : Africa Instant Electric Water Heater Market Revenue, By Price Range, 2017 – 2022 (USD Million) 134

TABLE NO. 91. : Africa Instant Electric Water Heater Market Revenue, By Price Range, 2023– 2030 (USD Million) 134

TABLE NO. 92. : Africa Instant Electric Water Heater Market Revenue, By Power Range, 2017 – 2022 (USD Million) 135

TABLE NO. 93. : Africa Instant Electric Water Heater Market Revenue, By Power Range, 2023– 2030 (USD Million) 135

TABLE NO. 94. : Africa Instant Electric Water Heater Market Revenue, By End-user, 2017 – 2022 (USD Million) 136

TABLE NO. 95. : Africa Instant Electric Water Heater Market Revenue, By End-user, 2023– 2030 (USD Million) 136

TABLE NO. 96. : Africa Instant Electric Water Heater Market Revenue, By Distribution Channel, 2017 – 2022 (USD Million) 137

TABLE NO. 97. : Africa Instant Electric Water Heater Market Revenue, By Distribution Channel, 2023– 2030 (USD Million) 137

Frequently Asked Questions

What is an instant electric water heater, and how does it differ from traditional water heaters?

An instant electric water heater, or tankless or on-demand, heats water as it flows through the unit. Unlike traditional water heaters with storage tanks that continuously heat a large amount of water, instant electric heaters only heat water when needed. This design eliminates the need for a storage tank and reduces energy consumption, making them more energy-efficient and space-saving.

Are instant electric water heaters more energy-efficient than tank-based water heaters?

Yes, instant electric water heaters are generally more energy-efficient. Traditional tank-based water heaters always keep a large volume of water hot, leading to standby heat loss. In contrast, instant electric water heaters only heat water when you turn on a faucet or appliance, minimizing energy waste and reducing utility bills.

What are the key advantages of using an instant electric water heater in residential settings?

Instant electric water heaters offer several residential-use benefits, including energy efficiency, space savings, a continuous supply of hot water, and a longer lifespan than tank-based heaters. They are also more environmentally friendly, as they reduce water and energy waste.

Can instant electric water heaters provide hot water for multiple fixtures simultaneously?

The capacity to supply hot water to multiple fixtures simultaneously depends on the heater’s flow rate and power rating. Higher-end models with greater power can handle multiple fixtures running simultaneously. Choosing a unit that suits your household’s hot water demand is essential.

What are the factors to consider when selecting the right instant electric water heater for my home?

When choosing an instant electric water heater, consider factors such as flow rate, power output, temperature control, available space for installation, electrical requirements, and the water quality in your area. It’s also advisable to consult a professional for sizing and installation recommendations.

Are there any government incentives or rebates for installing energy-efficient instant electric water heaters?

Some regions may have government incentives, tax credits, or rebates for upgrading to energy-efficient appliances, including instant electric water heaters. Check with local energy authorities or utility companies to see any available incentives in your area.

How complex is the installation process for instant electric water heaters, and do I need any special electrical requirements?

Installation complexity varies depending on the unit and your home’s electrical system. Some installations may require electrical upgrades to accommodate the heater’s power requirements. Hiring a licensed plumber or electrician is advisable to ensure proper installation.

What are the maintenance requirements for instant electric water heaters, and how can I extend their lifespan?

Instant electric water heaters generally require less maintenance than tank-based heaters. Regular maintenance includes descaling to prevent mineral buildup and occasional inspection of electrical components. Proper maintenance can extend the unit’s lifespan.

Are there any safety considerations or precautions when using instant electric water heaters?

Safety considerations include ensuring proper installation by a qualified professional, setting the heater to a safe temperature to prevent scalding, and installing a pressure relief valve. Regular maintenance checks are also crucial for safe operation.

Can instant electric water heaters be integrated with smart home systems for remote control and monitoring?

Many modern instant electric water heaters have smart features and can be integrated with smart home systems. This allows you to control temperature settings, monitor energy usage, and receive alerts remotely using a smartphone or other connected devices. Check the product specifications for compatibility with your preferred smart home ecosystem.

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