Electric Wall Heater Market Report Scope & Overview:

The Electric Wall Heater Market Size was esteemed at USD 3.73 billion in 2022 and is supposed to arrive at USD 6.27 billion by 2030 with a growing CAGR of 6.7% over the forecast period 2023-2030.

An electric wall radiator is a machine that warms the virus water provided through the arrangement of the lines. This warmed water can be utilized for different purposes like cleaning up or showering and clothes washers and dishwashers. North of years and years, various advancements have been created to make water radiators energy effective, similar to the intensity siphon, consolidating the gas water warmers, gas, electric tankless frameworks, and so forth. Lately, the interest in water radiators has seen a flood across a few districts to work on the way of life.

Electric Wall Heater Market Revenue Analysis

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In any case, because of the rise of new advances, a few market players can set new sun-powered warmers which expectations a colossal market. Besides, the superior expense viability of the batteries or modules is supposed to limit the sunlight-based warmer market during the gauging time frame. The sunlight-based radiator establishment requires significant change to a structure's pipes frameworks and has somewhat less life than sun-powered PV.

Electric wall radiators, not at all like their opponents, for example, electric hydronic baseboard warmers, which require ducting for HVAC (Heating, Ventilation, and Cooling), are quickly acquiring fame in the family market. These radiators are independent; cold air is attracted using the front, and hot air is impacted out the back, keeping away from the requirement for ventilation work.

Electric wall radiators occupy less room, making them ideal for little spaces like bathrooms, kitchens, and different areas. Clients might tune the specific amount of force admission and intensity yield for customized comfort with the inherent indoor regulator highlight. The programmed shut-off is additionally being incorporated to supplement the counter overheating component of inherent indoor regulators. Electric wall warmers give an energy-saving capability that permits property holders to change the wattage to conclude how much intensity was created, rationing power while giving a different warming decision.

Market Dynamics

Driving Factors/Opportunities

  • The item's energy-saving highlights, permit mortgage holders to control how much intensity is created by directing the wattage.

  • This dispenses with the need to bore openings in roofs and walls for ducting, expanding the fascination of these radiators to clients.

Impact of Covid-19

The plague unleashed destruction on the funds of a few modern firms around here. Be that as it may, the start of 2021 is bringing improvement, as players have developed more dynamic and are utilizing online business to guarantee a steady stockpile of things and administrations to their buyers, paying little heed to separate limitations. The COVID-19 pandemic brought down buyer spending limits, bringing about lower interest for a few basic things, prominently electric water radiators. A drawn-out lockdown drove in a stockpile request hole and a break in the inventory of hardware required in the development of electric water warmers. The length of the viral spread is as yet a basic part of deciding the pandemic's complete effect. In any case, after 2021, the Electric Wall Heater market is probably going to balance out.

Market Estimations

By Application

The electric wall radiator worldwide market is sectioned given use and power. Based on application the worldwide market is separated into private and non-private. The private portion held the bigger piece of the pie in 2018 as this fragment has been seeing huge development in the interest for electric wall radiators attributable to developing urbanization, a quickly evolving way of life, and an expansion popular for solace highlights in homes.

By Power

Based on power, the worldwide market is sectioned into <1000 Watt, 1000 to 1600 Watt, 1600 to 2000 Watt, and > 2000 Watt. The 1000 to 1600-Watt portion is supposed to hold the greatest piece of the pie, because of the requirement for energy proficient high limit warmers and warming arrangements in private and business applications. This is supposed to expand the interest of 1000 to 1600-Watt electric wall radiators during the estimated time frame.

Key Market Segmentation

By Application

  • Residential

  • Non-Residential

By Power

  • <1000 Watt

  • 1000 to 1600 Watt

  • 1600 to 2000 Watt

  • >2000 Watt

Electric Wall Heater Market Segmentation Analysis

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Regional Analysis:

  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • Southth Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America

North America is supposed to observe a magnificent development in the electric wall radiator market, attributable to fast urbanization, expansion sought after for solace and accommodation in homes, and a quickly evolving way of life. The market in this area is described by further developing government guidelines and severe policies from Industrial Heating Equipment Association (IHEA) to give better warming answers for laborers. This is supposed to set out open doors for the makers to put resources into the nearby market before long. The US is one of the significant makers of electric wall warmers in North America. The electric wall warmer industry in the US is well established and has been developing at a huge speed for a couple of years. The other unmistakable elements prompting the development of the market in the US are the expansion in assembling organizations, rising unofficial laws towards energy-effective items, and outrageous climatic circumstances.

Key Players

The Major Players are Marley Engineered Products, Stiebel Eltron Inc., Markel Products Company, Trane, Broan, Inc.,, Inc., King Electric, Indeeco, Glen Dimplex Group, Radiant Systems and Other Players

Marley Engineered Products-Company Financial Analysis

Electric Wall Heater Market Report Scope:

Report Attributes Details
Market Size in 2022 US$ 3.73 Billion
Market Size by 2030 US$ 6.27 Billion
CAGR CAGR of 6.7% From 2023 to 2030
Base Year 2022
Forecast Period 2023-2030
Historical Data 2020-2021
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • by Application (Residential and Non-Residential)
• by Power (<1000>2000 Watt)
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles Marley Engineered Products, Stiebel Eltron Inc., Markel Products Company, Trane, Broan, Inc.,, Inc., King Electric, Indeeco, Glen Dimplex Group, and Radiant Systems
Key Drivers • The item's energy-saving highlights, permit mortgage holders to control how much intensity is created by directing the wattage.

Frequently Asked Questions

Ans: Application and Power segments are covered in the Electric Wall Heater Market.

Ans: The Electric Wall Heater Market is to grow at a CAGR of 6.7% From 2023 to 2030.

Ans: North America has the biggest offer in the Electric Wall Heater market.

Ans: The item's energy-saving highlights permit mortgage holders to control how much intensity is created by directing the wattage are the Driving Factors and Opportunities faced by the Electric Wall Heater market.

Ans: The Electric Wall Heater Market size is estimated to reach USD 6.27 Bn by 2030.

Table of Contents

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

2. Research Methodology

3. Market Dynamics

3.1 Drivers          

3.2 Restraints

3.3 Opportunities

3.4 Challenges

4. Impact Analysis

4.1 COVID-19 Impact Analysis

4.2 Impact of Ukraine- Russia War

4.3 Impact of Ongoing Recession

4.3.1 Introduction

4.3.2 Impact on major economies US Canada Germany France United Kingdom China Japan South Korea Rest of the World

5. Value chain analysis

6. Porter’s 5 forces model

7. PEST analysis

8. Global Electric Wall Heater Market Segmentation, By Application

8.1 Residential

8.2 Non-Residential

9. Global Electric Wall Heater Market Segmentation, By Power

9.1 <1000 Watt

9.2 1000 to 1600 Watt

9.3 1600 to 2000 Watt

9.4 >2000 Watt

10. Global Electric Wall Heater Market, By Region/Country

10.1 Introduction

10.2 North America

10.2.1 USA

10.2.2 Canada

10.2.3 Mexico

10.3 Europe

10.3.1 Germany

10.3.2 UK

10.3.3 France

10.3.4 Italy

10.3.5 Spain

10.3.6 The Netherlands

10.3.7 Rest of Europe

10.4 Asia-Pacific

10.4.1 japan

10.4.2 South Korea

10.4.3 China

10.4.4 India

10.4.5 Australia

10.4.6 Rest of Asia-Pacific

10.5 The Middle East & Africa

10.5.1 Israel

10.5.2 UAE

10.5.3 South Africa

10.5.4 Rest

10.6 Latin America

10.6.1 Brazil

10.6.2 Argentina

10.6.3 Rest of Latin America

11. Company profiles

11.1 Marley Engineered Products

11.1.1 Financial

11.1.2 Products/ Services Offered

11.1.3 Swot Analysis

11.1.4 The SNS View

11.2 Stiebel Eltron Inc.

11.3 Markel Products Company

11.4 Trane, Broan, Inc.

11.5, Inc.

11.6 King Electric

11.7 Indeeco

11.8 Glen Dimplex Group

11.9 Radiant Systems

12. Competitive Landscape

12.1 Competitive Bench Marking

12.2 Market Share Analysis

12.3 Recent Developments

13. Conclusion

An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.

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The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

Step 2: Primary Research

When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data.  This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.

We at SNS Insider have divided Primary Research into 2 parts.

Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.

This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.

Primary Research

Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.

Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.

Step 3: Data Bank Validation

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Data Bank Validation

Step 4: QA/QC Process

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