Electric Heater Market in Asia Pacific is Booming with Strong Growth Prospects

Electric Heater Market Latest Edition Published with Forecast to 2029


The article cited AMA's Global Electric Heater Market Study explored substantial growth with CAGR of 4.32%. According the report, Surging Research & Development to Improve Battery Life and Increase Heating Range, Reduce Charging time, Weight and Cost is one of the primary growth factors for the market. Rising Disposable Income and Industrialization & Urbanization in Emerging Economies is also expected to contribute significantly to the Electric Heater market. Overall, Residential applications of Electric Heater, and the growing awareness of them, is what makes this segment of the industry important to its overall growth.

AMA’s Analyst on the Global Electric Heater market identified that the demand is rising in many different parts of the world as "Continuous Development of New Enhanced Battery Recycling " Furthermore, some recent industry insights like "In Oct.2023 Voltas, a leading name in the home appliances industry and India's No. 1 AC company, is proud to announce its foray into the Water Heater segment with the introduction of the Voltas Water Heaters. The product range is available across the country starting October 2023. The products are also available across online channels. This expansion marks Voltas' foray into the water heater market, and reinforces the company's vision of becoming a one-stop solution provider for all home appliances." is constantly making the industry dynamic.

The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global Electric Heater market by Type, Application, and regions
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key drivers & trends of the market

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Electric Heater market and other related sub-markets covered in the study.

o Key & emerging players in the Electric Heater market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Data Triangulation
The overall Electric Heater market size is calculated using market estimation process, the Electric Heater market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Electric Heater market size has been validated using both top-down and bottom-up approaches.

Craig Francis

PR & Marketing Manager