India Electric Water Heater Market Growth, Demand and Challenges of the Key Industry Players 2023-28
                     India Electric Water 
Heater Market 
Research and Forecast 
Report 2023-2028
Format: PDF+EXCEL
© 2023 IMARC All Rights Reserved 
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las t ing resul ts .
Accord ing  to  the  l a tes t  repor t  by  IMARC Group,  t i t l ed  " Ind ia  E l ect r i c  Water  
Heater  Market :  I ndust ry  T rends,  Share ,  S ize ,  Growth ,  Oppor tun i ty  and  
Forecast  2023-2028 ,"  t he  Ind ia  e lec t r i c  wa te r  hea t e r  marke t  s i ze  reached  US$  
264 .0  M i l l i on  in  2022.
Report An e lec t r i c  wa te r  hea te r  r e fe rs  to  a  t ank  tha t  hea t s  wat er  t h rough  ve r t i ca l l y  pos i t i oned  h igh -vo l tage  e lec t r i c  hea t ing  rods .  I t  i s  manu fac tu red  f rom va r ious  
mat er ia l s ,  such  as  copper ,  po lym er ,  s t a in less  s t ee l ,  n i ch rome,  b rass ,  and  
Highlight and a luminum.  I t  i s  w ide ly  ava i l ab le  in  d i f f e ren t  s i zes ,  shapes ,  co lo rs ,  des igns ,  and  
capac i t i es .  
Description I t  i s  sa f e  and cos t -e f f ec t i ve  and  has  c lean  opera t ion ,  easy  i ns ta l la t i on ,  and  a  longer  l i f e  span  as  compared  to  gas-powered  wat e r  hea t er s .  Bes ides  t h i s ,  as  i t  
ass is t s  in  p rov id ing  ho t  wa te r  in  less  t ime ,  requ i res  l ess  space ,  and  reduces  
energy  consumpt ion ,  t he  demand fo r  e lec t r i c  wa ter  hea te r s  i s  r i s i ng  in  I nd ia .
Request  fo r  a  PDF  sample  o f  th i s  repor t :  
ht tps : / / www. imarcgroup .com/ ind ia -e lec t r i c -wa te r -hea te r -marke t / reques t samp le
Report Description
I n d i a  E l e c t r i c  W a t e r  H e a t e r  M a r k e t  T r e n d s :
A t  p r e s e n t ,  t h e  i n c r e a s i n g  a d o p t i o n  o f  p e r s o n a l  e l e c t r i c  w a t e r  h e a t e r s  i n  r e s i d e n t i a l  a r e a s  r e p r e s e n t s  o n e  o f  t h e  k e y  f a c t o r s  
c o n t r i b u t i n g  t o  t h e  g r o w t h  o f  t h e  m a r k e t  i n  I n d i a .  M o r e o v e r ,  t h e  g r o w i n g  d e m a n d  f o r  e l e c t r i c  w a t e r  h e a t e r s  d u e  t o  t h e  i n c r e a s i n g  
a w a r e n e s s  a b o u t  m a i n t a i n i n g  h y g i e n e  a m o n g  i n d i v i d u a l s  i s  o f f e r i n g  a  p o s i t i v e  m a r k e t  o u t l o o k .  A p a r t  f r o m  t h i s ,  t h e  r i s i n g  e m p l o y m e n t  o f  
e l e c t r i c  w a t e r  h e a t e r s  i n  h o t e l  r o o m s  a n d  r e s o r t s  t o  p r o v i d e  c o n v e n i e n t  b a t h i n g  s o l u t i o n s  t o  c o n s u m e r s  i s  p r o v i d i n g  l u c r a t i v e  g r o w t h  
o p p o r t u n i t i e s  t o  i n d u s t r y  i n v e s t o r s  i n  t h e  c o u n t r y .  I n  a d d i t i o n ,  t h e r e  i s  a  r i s e  i n  t h e  d e m a n d  f o r  p r e m i u m  q u a l i t y ,  e n e r g y - e f f i c i e n t ,  a n d  
t i m e - s a v i n g  h o m e w a r e  p r o d u c t s  d u e  t o  i n f l a t i n g  i n c o m e  l e v e l s  o f  i n d i v i d u a l s .  T h i s ,  c o u p l e d  w i t h  t h e  i n c r e a s i n g  a d o p t i o n  o f  e l e c t r i c  
w a t e r  h e a t e r s ,  a s  t h e y  a r e  s a f e  f o r  u s e ,  i s  s t r e n g t h e n i n g  t h e  g r o w t h  o f  t h e  m a r k e t  i n  I n d i a .  B e s i d e s  t h i s ,  t h e  g r o w i n g  d e m a n d  f o r  
c o n v e n i e n t  e l e c t r i c  w a t e r  h e a t e r s  o n  a c c o u n t  o f  t h e  b u s y  a n d  h e c t i c  l i f e s t y l e s  o f  i n d i v i d u a l s  i s  p o s i t i v e l y  i n f l u e n c i n g  t h e  m a r k e t .  
A d d i t i o n a l l y ,  t h e  i n c r e a s i n g  a d o p t i o n  o f  e n v i r o n m e n t - f r i e n d l y  e l e c t r i c a l  s o l u t i o n s  t o  r e d u c e  c a r b o n  f o o t p r i n t  i s  p r o p e l l i n g  t h e  g r o w t h  o f  
t h e  m a r k e t  i n  I n d i a .  I n  l i n e  w i t h  t h i s ,  t h e  w i d e  a v a i l a b i l i t y  o f  e l e c t r i c  w a t e r  h e a t e r s  t h r o u g h  o n l i n e  a n d  o f f l i n e  d i s t r i b u t i o n  c h a n n e l s  i n  
t h e  c o u n t r y  i s  i m p e l l i n g  t h e  g r o w t h  o f  t h e  m a r k e t .  F u r t h e r m o r e ,  k e y  p l a y e r s  a r e  i n t r o d u c i n g  e l e c t r i c  w a t e r  h e a t e r s  w i t h  e n h a n c e d  s a f e t y  
a n d  a u t o  s h u t - o f f  o p t i o n s ,  w h i c h  i s  s u p p o r t i n g  t h e  g r o w t h  o f  t h e  m a r k e t  i n  I n d i a .
L o o k i n g  f o r w a r d ,  t h e  m a r k e t  v a l u e  i s  p r o j e c t e d  t o  r e a c h  U S $  4 3 2 . 2  M i l l i o n  b y  2 0 2 8 ,  e x p a n d i n g  a t  a  C A G R  o f  8 . 4 %  d u r i n g  2 0 2 3 -
2 0 2 8 .
V i e w  R e p o r t  T O C ,  F i g u r e s  a n d  T a b l e s :  h t t p s : / / w w w . i m a r c g r o u p . c o m / i n d i a - e l e c t r i c - w a t e r - h e a t e r - m a r k e t
Breakup by Product Type:
• Tank
• Tankless
 
Breakup by Capacity:
• Less Than 100 Liters
Report • 100 to 400 Liters
Segmentation • More Than 400 Liters
Breakup by Distribution Channel:
• Online
• Offl ine
Breakup by End User:
• Residential
• Commercial
• Industria l
Report Breakup by Region:
Segmentation • North India
• West and Central  India
• South India
• East India
How big is the India electric water heater market?
What is the expected growth rate of the India 
electric water heater market during 2023-2028?
Key What are the key factors driving the India electric 
water heater market?
Questions 
Answered in What has been the impact of COVID-19 on the India electric water heater market?
the Report
What is the breakup of the India electric water 
heater market based on the product type?
What is the breakup of the India electric water 
heater market based on the end user?
What are the key regions in the India electric water 
heater market?
1     P r e f a c e
2     S c o p e  a n d  M e t h o d o l o g y
    2 . 1     O b j e c t i v e s  o f  t h e  S t u d y
    2 . 2     S t a k e h o l d e r s
    2 . 3     D a t a  S o u r c e s
        2 . 3 . 1     P r i m a r y  S o u r c e s
        2 . 3 . 2     S e c o n d a r y  S o u r c e s
    2 . 4     M a r k e t  E s t i m a t i o n
        2 . 4 . 1     B o t t o m - U p  A p p r o a c h
Table of         2 . 4 . 2     T o p - D o w n  A p p r o a c h    2 . 5     F o r e c a s t i n g  M e t h o d o l o g y
3     E x e c u t i v e  S u m m a r y
4     I n t r o d u c t i o n
    4 . 1     O v e r v i e w
Contents     4 . 2     K e y  I n d u s t r y  T r e n d s5     I n d i a  E l e c t r i c  W a t e r  H e a t e r  M a r k e t
    5 . 1     M a r k e t  O v e r v i e w
    5 . 2     M a r k e t  P e r f o r m a n c e
    5 . 3     I m p a c t  o f  C O V I D - 1 9
    5 . 4     M a r k e t  F o r e c a s t
6      M a r k e t  B r e a k u p  b y  P r o d u c t  T y p e
    6 . 1     T a n k
        6 . 1 . 1  M a r k e t  T r e n d s
        6 . 1 . 2  M a r k e t  F o r e c a s t
    6 . 2     T a n k l e s s
        6 . 2 . 1  M a r k e t  T r e n d s
        6 . 2 . 2  M a r k e t  F o r e c a s t
7    M a r k e t  B r e a k u p  b y  C a p a c i t y
    7 . 1     L e s s  T h a n  1 0 0  L i t e r s
        7 . 1 . 1  M a r k e t  T r e n d s
        7 . 1 . 2  M a r k e t  F o r e c a s t
       
      7 . 2       1 00  to  4 00  L i t e r s
            7 . 2 . 1  Ma rke t  Tren ds
            7 . 2 . 2  Ma rke t  Fo rec a s t
      7 . 3      Mo re  Tha n  400  L i t e r s
            7 . 3 . 1  Ma rke t  Tren ds
            7 . 3 . 2  Ma rke t  Fo rec a s t
8    Market  Breakup by  Dis tr ibut ion  Channe l
      8 . 1      O n l i ne
            8 . 1 . 1  Ma rke t  Tren ds
            8 . 1 . 2  Ma rke t  Fo rec a s t
Table of       8 . 2      O ffl in e            8 . 2 . 1  Ma rke t  Tren ds
            8 . 2 . 2  Ma rke t  Fo rec a s t
9    Market  Breakup by  End User
Contents       9 . 1       Res iden t i a l
            9 . 1 . 1  Ma rke t  Tren ds
            9 . 1 . 2  Ma rke t  Fo rec a s t
      9 . 2       C o m m erc i a l
            9 . 2 . 1  Ma rke t  Tren ds
            9 . 2 . 2  Ma rke t  Fo rec a s t
      9 . 3       I nd us t r i a l
            9 . 3 . 1  Ma rke t  Tren ds
            9 . 3 . 2  Ma rke t  Fo rec a s t
10  Market  Breakup  by  Reg ion
      1 0 . 1      No r th  In d i a
            1 0 .1 .1  Ma rke t  Trends
            1 0 .1 .2  Ma rke t  B re akup  by  S t a te
            1 0 .1 .3  Ma rke t  Fo rec a s t     
F o r  m o r e  i n f o r m a t i o n ,  v i s i t :  
ht t ps : / /w ww. i ma rc gro up . c o m / i n d i a -e l ec t r i c -w at e r-hea te r-m a rk
e t / t o c
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