Global Electric Radiators
Market Report
2024
As per Cognitive Market Research's latest published report, the Global Electric Radiators market size was USD 9.49 billion in 2022 and it is forecasted to reach USD 13.99 billion by 2030. Electric Radiators Industry's Compound Annual Growth Rate will be 5.1% from 2023 to 2030.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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As per Cognitive Market Research's latest published report, the Global Electric Radiators market size was USD 9.49 billion in 2022 and it is forecasted to reach USD 13.99 billion by 2030. Electric Radiators Industry's Compound Annual Growth Rate will be 5.1% from 2023 to 2030.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Electric Radiators Market Sales Revenue 2022 | $ 9.49 Billion |
Global Electric Radiators Market Sales Revenue 2030 | $ 13.99 Billion |
Global Electric Radiators Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 5.1% |
Market Split by Type |
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Market Split by Application |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Report scope is customizable as we have a huge database of Electric Radiators industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Electric Radiators Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Electric radiators are a type of heating system that use electricity to produce heat. They work by heating up a series of electric elements inside the radiator, which then emit heat into the surrounding air. The heat is distributed through convection and radiation, and the temperature is controlled by a thermostat.
Electric radiators are popular in homes and offices because they are easy to install and use, and they don't require a separate boiler or other equipment to function. They are also relatively energy-efficient, since they don't waste heat by circulating hot water through a pipe system. However, they can be more expensive to operate than other types of heating systems, especially if electricity costs are high in your area.
Electric radiators are more energy-efficient compared to traditional heating systems. They have programmable controls that allow users to set heating schedules and maintain optimal temperatures in individual rooms, resulting in reduced energy consumption. The increasing focus on reducing carbon emissions and promoting energy-efficient heating systems has led to various government regulations and incentives that promote the use of electric radiators.
Electric radiators can be expensive to purchase and install, especially if they need to be integrated into an existing heating system. This can be a deterrent for many customers who may opt for cheaper traditional heating systems instead. Electric radiators may not be suitable for heating larger spaces or buildings. This could limit their use in commercial settings and larger residential properties.
The development of new technologies, such as Wi-Fi connectivity and voice-controlled devices, presents an opportunity for electric radiator manufacturers to differentiate themselves from their competitors and provide more convenient and efficient heating solutions. The increasing adoption of smart home technology is driving the demand for electric radiators with smart controls that can be integrated with other smart devices to provide an automated and energy-efficient heating solution.
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Germany has seen a huge rise in sales of electric heaters as the winter draws nearer. Much fear there will not be enough gas around to heat homes.
A whopping 958,000 electric heaters have been sold in Germany since the beginning of 2022, The volume of electric heater sales in the German market has jumped by 76% in January-August 2022 over the same period a year earlier.
Top Companies Market Share in Electric Radiators Industry: (In no particular order of Rank)
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Geographically, the global electric radiator market is divided into regions like North America, Europe, Asia Pacific, Latin America, and Middle-east Countries. Europe is expected to have the highest market share due to the growing demand for energy-efficient heating systems and government initiatives promoting the use of renewable energy sources. The increasing focus on reducing carbon emissions and the availability of government incentives for energy-efficient heating systems are expected to drive the demand for electric radiators in Europe.
The current report Scope analyzes Electric Radiators Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only. To learn more about geographical trends request the free sample pages. Contact US!
Global Electric Radiators Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Electric Radiators Industry growth. Electric Radiators market has been segmented with the help of its Type, Application , and others. Electric Radiators market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Based on present and future trends, the market size is estimated from 2019 to 2031. Moreover, study also provides quantitative and qualitative analysis of each type to understand the driving factors for the fastest growing type segment for Electric Radiators market.
Type of Electric Radiators analyzed in this report are as follows:
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Electric Radiators Industry. Request a Free Sample PDF!
This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends and opportunities for each application of Electric Radiators from 2019 to 2031. This will also help to analyze the demand for Electric Radiators across different end-use industries. Our research team will also help acquire additional data such as Value Chain, Patent analysis, Company Evaluation Quadrant (Matrix), and much more confidential analysis and data insights.
Some of the key Application of Electric Radiators are:
The above Graph is for representation purposes only. This chart does not depict actual Market share. Please purchase the Electric Radiators market report 2024 Edition by contacting our team.
Senior Research Analyst at Cognitive Market Research
ResearchGate Profile: https://www.researchgate.net/profile/Kalyani-Raje
An optimistic Senior Research Analyst with years of experience in competitive assessment and business consulting. A seasoned professional and subject-matter expert (SME) in the Automobile and transportation vertical.
With a work experience of over 10+ years in the market research and strategy development. I have worked with diverse industries, including FMCG, IT, Telecom, Automotive, Electronics and many others. I also work closely with other departments such as sales, product development, and marketing to understand customer needs and preferences, and develop strategies to meet those needs.
I am committed to staying ahead in the rapidly evolving field of research and analysis. This involves regularly attending conferences, participating in webinars, and pursuing additional certifications to enhance my skill set. I played a crucial role in conducting market research and competitive analysis. I have a proven track record of distilling complex datasets into clear, concise reports that have guided key business initiatives. Collaborating closely with multidisciplinary teams, I contributed to the development of innovative solutions grounded in thorough research and analysis.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Electric Radiators Market is witnessing significant growth in the near future.
In 2023, the Fan Heaters segment accounted for noticeable share of global Electric Radiators Market and is projected to experience significant growth in the near future.
The Residential Use segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Tesy, Fischer and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Disclaimer:
Type | Fan Heaters, Convection Radiators, Infrared Radiators, Oil Based Electric Radiators |
Application | Residential Use, Commercial Applications, Industrial Infrastructure Buildings |
List of Competitors | Tesy, King Electric, Fischer, Eskimo, Dimplex, Technotherm, Noirot, AIRELEC, Irsap, Haverland, Elnur, GREE, Midea, SINGFUN, DYSON, AUX, Royalstar, AUCMA, CHIGO, Haier, Lucht Elektroheizung GmbH Co. KG |
This chapter will help you gain GLOBAL Market Analysis of Electric Radiators. Further deep in this chapter, you will be able to review Global Electric Radiators Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Purchase Add-Ons to Customize the Report Edition and get further granular data level data about the North America market. Add-On Cost: Request before placing the order, Respective Pricing will be informed after sending the inquiry
Qualitative Analysis for the North America Market: North America Electric Radiators Market Trends North America Electric Radiators Technological Road Map North America Electric Radiators Market Drivers North America Electric Radiators Market Restraints North America Electric Radiators Market Opportunity Market Attractiveness Analysis COVID – 19 Impact Analysis PESTEL Analysis Porter’s Five Forces Analysis Product Life Cycle Industrial Chain Analysis
You can purchase only the Executive Summary North America Market (2019 vs 2024 vs 2031)
Chapter 3 Europe Market Analysis
You can purchase only the Executive Summary Europe Market (2019 vs 2024 vs 2031)
Chapter 4 Asia-Pacific Market Analysis
You can purchase only the Executive Summary Asia Pacific Market (2019 vs 2024 vs 2031)
Chapter 5 South America Market Analysis
You can purchase only the Executive Summary South America Market (2019 vs 2024 vs 2031)
Chapter 6 Middle East and Africa Market Analysis
You can purchase only the Executive Summary Middle East and Africa Market (2019 vs 2024 vs 2031)
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Electric Radiators market
Chapter 12 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Fan Heaters have a significant impact on Electric Radiators market? |
What are the key factors affecting the Fan Heaters and Convection Radiators of Electric Radiators Market? |
What is the CAGR/Growth Rate of Residential Use during the forecast period? |
By type, which segment accounted for largest share of the global Electric Radiators Market? |
Which region is expected to dominate the global Electric Radiators Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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