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Electric Wall Heater Market Report Scope & Overview:

Electric Wall Heater Market, Revenue Analysis

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The Electric Wall Heater Market size was esteemed at USD 3.88 billion in 2023 and is supposed to arrive at USD 6.05 billion by 2032, with a growing CAGR of 5.06% over the forecast period 2024-2032.

The Electric Wall Heater Market has been experiencing steady growth driven by the increasing demand for energy-efficient heating solutions in residential, commercial, and industrial spaces. These heaters are popular due to their ability to provide localized heating with minimal space usage. They are typically installed in areas where central heating is unnecessary, like smaller rooms, garages, or offices. The rise in smart home technologies and the growing trend towards green, energy-saving appliances have boosted the market. Consumers are opting for electric wall heaters as a more environmentally friendly and cost-effective option compared to traditional fuel-based heaters.

Current market growth is fueled by rising construction activities, urbanization, and advancements in heating technologies. The market is also benefiting from the integration of features like programmable thermostats and Wi-Fi connectivity, which enable users to control heaters remotely, optimizing energy use. North America, particularly the United States, remains one of the key markets for electric wall heaters. The demand is high in colder regions and in residential applications where older heating systems are being replaced. In terms of recent trends, there has been a shift towards more compact and aesthetically designed heaters that complement modern interiors. Smart features, like app-based control and energy efficiency tracking, are becoming common, appealing to tech-savvy consumers. Additionally, the demand for low-noise, quick-heating models is growing, particularly in office and residential settings.

The United States is facing challenges related to electric wall heater sales and manufacturing volumes, largely due to fluctuations in raw material costs and supply chain disruptions. While domestic manufacturing remains strong, there has been a push towards sourcing components from overseas suppliers, which has impacted production timelines. Sales in the U.S. market have remained stable, with a growing preference for energy-efficient, eco-friendly heaters. However, manufacturers are under pressure to balance affordability with advanced features, as consumers expect better functionality without significantly higher costs.

MARKET DYNAMICS

DRIVERS

  • The rising demand for energy-efficient solutions is driven by electric wall heaters' superior energy efficiency and technological advancements, along with government incentives promoting their adoption.

The increasing demand for energy-efficient solutions is significantly influenced by the advancements in electric wall heaters, which are renowned for their superior energy efficiency. These heaters use advanced technologies such as infrared heating and precise temperature controls to minimize energy wastage. Unlike traditional heating systems, electric wall heaters convert nearly all the electrical energy into heat, ensuring optimal performance with minimal energy loss. This efficiency is further enhanced by innovations such as smart thermostats and programmable timers that allow users to tailor heating schedules and reduce unnecessary energy consumption.

Government incentives have also played a crucial role in driving the adoption of these energy-efficient solutions. Many governments offer rebates, tax credits, and subsidies to encourage the use of energy-efficient appliances, including electric wall heaters. These incentives not only make the initial investment more affordable but also highlight the long-term savings on energy bills. By promoting the adoption of such technologies, governments aim to reduce overall energy consumption and greenhouse gas emissions, aligning with broader environmental goals. Consequently, the combination of technological advancements in electric wall heaters and supportive government policies creates a compelling case for their increased adoption, as consumers seek both cost-effective and eco-friendly heating solutions.

  • Technological advancements, including smart features like Wi-Fi connectivity and programmable thermostats, are attracting consumers by enhancing convenience and control in electric wall heaters.

Technological advancements in electric wall heaters, such as smart features including Wi-Fi connectivity and programmable thermostats, are significantly boosting consumer interest by offering enhanced convenience and control. Wi-Fi connectivity allows users to remotely monitor and adjust heater settings through smartphone apps, providing greater flexibility and energy management from anywhere. Programmable thermostats enable users to set precise heating schedules, optimizing energy use and maintaining comfort efficiently. These innovations not only streamline operation but also integrate seamlessly into modern smart home systems, appealing to tech-savvy consumers seeking convenience and cost savings. As a result, electric wall heaters with these advanced features are increasingly favored for their ability to deliver personalized comfort and energy efficiency, thereby driving market growth.

RESTRAIN

  • Higher operating costs for electric wall heaters can result from fluctuating electricity prices, which may lead to higher energy bills compared to other heating methods like gas.

Higher operating costs for electric wall heaters can be a significant concern, primarily due to fluctuating electricity prices. Unlike gas heating systems, which often benefit from more stable and sometimes lower fuel costs, electric heaters are directly impacted by the volatility of electricity rates. When electricity prices spike, the cost of running an electric heater increases correspondingly, leading to higher energy bills. This fluctuation can make electric heating less predictable and potentially more expensive over time, especially during periods of high demand or price surges. In contrast, gas heating systems might offer more consistent and often lower operating costs, providing a more stable and economical heating solution. Thus, while electric wall heaters can be convenient, their susceptibility to rising electricity prices can result in elevated and unpredictable operating expenses compared to alternative heating methods.

KEY MARKET SEGMENTATION

By Application

The residential segment dominated the market share over 65.02% in 2023. This dominance stems from the ease of installation, efficient heating in targeted areas, and overall convenience electric wall heaters offer for homes.

Electric Wall Heater Market, By Application

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By Power

The 1000 to 1600-Watt segment dominated the market share over 36.08% in 2023, 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.

REGIONAL ANALYSIS

The North American dominated the market share over 32.12% in 2023., owing to rising urbanization, a surge in demand for comfort and convenience in homes, and a quickly changing lifestyle.

The Asia-Pacific Electric Wall Heater Market is expected to grow at the fastest CAGR from 2024 to 2032. This is due to increased usage of smart home technologies, and the growing trend towards home automation.  Moreover, China’s Electric Wall Heater Market held the largest market share, and the Indian Electric Wall Heater Market was the fastest growing market in the Asia-Pacific region.

Electric-Wall-Heater-Market-Regional-Analysis--2023

KEY PLAYERS

Some of the major key players of Electric Wall Heater Market

  • Marley Engineered Products,- (Electro-Motive series)
  • Stiebel Eltron Inc- (CK 15 E, CK 25 E)
  • Markel Products Company - (Electric Wall Heater Model 01893)
  • Trane - (Trane Electric Wall Heater)
  • Broan, Inc. - (Broan 198 Wall Heater)
  • WarmlyYours.com, Inc.,. - (TempZone™ Electric Radiant Wall Heater)
  • King Electric - (W Series Wall Heater)
  • Indeeco - (Indeeco Electric Wall Heater)
  • Glen Dimplex Group,- (Dimplex Panel Heater)
  • Radiant System - (Radiant Wall Heater)
  • Cadet Manufacturing Company - (Cadet Com-Pak Plus)
  • Dimplex North America Limited - (Dimplex Touch Screen Heater)
  • Fahrenheat - (Fahrenheat FUH Electric Wall Heater)
  • QMark Heating Products - (QMark Electric Wall Heater)
  • Honeywell International Inc. - (Honeywell Electric Wall Heater)
  • DeLonghi America, Inc. - (DeLonghi Slim Style Convection Heater)
  • Econo-Heat, Inc. - (Econo-Heat Panel Heater)
  • Rinnai Corporation - (Rinnai Electric Wall Heater)
  • Convectair NMT, Inc. - (Convectair Wall Heater)
  • NewAir - (NewAir Electric Wall Heater)
  • Others

RECENT DEVELOPMENT

In February 2024: industry veteran Marley Engineered Products announced a new line of eco-friendly heaters boasting recycled steel bodies and improved insulation for minimized heat loss.

In March 2024: Stiebel Eltron, a German powerhouse, unveiled its latest model, focusing on smart home integration with voice-controlled temperature adjustments and Wi-Fi connectivity.

Electric Wall Heater Market Report Scope:

Report Attributes Details
Market Size in 2023 US$ 3.88 Billion
Market Size by 2032 US$ 6.05 Billion
CAGR CAGR of 5.06% From 2024 to 2032
Base Year 2023
Forecast Period 2024-2032
Historical Data 2020-2022
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 (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America)
Company Profiles Marley Engineered Products,- (Electro-Motive series), Stiebel Eltron Inc. - (CK 15 E, CK 25 E), Markel Products Company - (Electric Wall Heater Model 01893), Trane - (Trane Electric Wall Heater), Broan, Inc. - (Broan 198 Wall Heater), WarmlyYours.com, Inc.,. - (TempZone™ Electric Radiant Wall Heater), King Electric - (W Series Wall Heater), Indeeco - (Indeeco Electric Wall Heater), Glen Dimplex Group,- (Dimplex Panel Heater), Radiant System - (Radiant Wall Heater), Cadet Manufacturing Company - (Cadet Com-Pak Plus), Dimplex North America Limited - (Dimplex Touch Screen Heater), Fahrenheat - (Fahrenheat FUH Electric Wall Heater), QMark Heating Products - (QMark Electric Wall Heater), Honeywell International Inc. - (Honeywell Electric Wall Heater), DeLonghi America, Inc. - (DeLonghi Slim Style Convection Heater), Econo-Heat, Inc. - (Econo-Heat Panel Heater), Rinnai Corporation - (Rinnai Electric Wall Heater), Convectair NMT, Inc. - (Convectair Wall Heater), NewAir - (NewAir Electric Wall Heater)
Key Drivers
• The rising demand for energy-efficient solutions is driven by electric wall heaters' superior energy efficiency and technological advancements, along with government incentives promoting their adoption.
• Technological advancements, including smart features like Wi-Fi connectivity and programmable thermostats, attract consumers by enhancing convenience and control in electric wall heaters.

Frequently Asked Questions

Ans: North America is the dominating region in the Electric Wall Heater Market.

Ans. The rising demand for energy-efficient solutions is driven by electric wall heaters' superior energy efficiency and technological advancements, along with government incentives promoting their adoption.

Ans: Residential segmentation is the dominant segment by application in the electric wall heater market.

Ans: Electric Wall Heater Market size was USD 3.88 Billion in 2023 and is expected to Reach USD 6.05 Billion by 2032.

 Ans:The Electric Wall Heater Market is expected to grow at a CAGR of 5.06%.

Table of Content

1. Introduction

1.1 Market Definition

1.2 Scope (Inclusion and Exclusions)

1.3 Research Assumptions

2. Executive Summary

2.1 Market Overview

2.2 Regional Synopsis

2.3 Competitive Summary

3. Research Methodology

3.1 Top-Down Approach

3.2 Bottom-up Approach

3.3. Data Validation

3.4 Primary Interviews

4. Market Dynamics Impact Analysis

3.1 Market Driving Factors Analysis

3.1.2 Drivers

3.1.2 Restraints

3.1.3 Opportunities

3.1.4 Challenges

3.2 PESTLE Analysis

3.3 Porter’s Five Forces Model

5. Statistical Insights and Trends Reporting

5.1 Manufacturing Output, by region, (2020-2023)

5.2 Utilization Rates, by region, (2020-2023)

5.3 Maintenance and Downtime Metrix

5.4 Technological Adoption Rates, by region

5.5 Export/Import Data, by region (2023)

6. Competitive Landscape

6.1 List of Major Companies, By Region

6.2 Market Share Analysis, By Region

6.3 Product Benchmarking

6.3.1 Product specifications and features

6.3.2 Pricing

6.4 Strategic Initiatives

6.4.1 Marketing and promotional activities

6.4.2 Distribution and supply chain strategies

6.4.3 Expansion plans and new product launches

6.4.4 Strategic partnerships and collaborations

6.5 Technological Advancements

6.6 Market Positioning and Branding

7. Electric Wall Heater Market Segmentation, By Application

7.1 Chapter Overview

7.2 Residential

7.2.1 Residential Market Trends Analysis (2020-2032)

7.2.2 Residential Market Size Estimates and Forecasts to 2032 (USD Million)

7.3 Non-Residential

         7.3.1 Non-Residential Market Trends Analysis (2020-2032)

7.3.2 Non-Residential Market Size Estimates and Forecasts to 2032 (USD Million)

8. Electric Wall Heater Market Segmentation, By Power

8.1 Chapter Overview

8.2 M<1000 Watt

8.2.1 M<1000-Watt Market Trends Analysis (2020-2032)

8.2.2 M<1000-Watt Market Size Estimates and Forecasts to 2032 (USD Million)

8.3 1000 to 1600 Watt

8.3.1 1000-to-1600-Watt Market Trends Analysis (2020-2032)

8.3.2 1000-to-1600-Watt Market Size Estimates and Forecasts to 2032 (USD Million)

8.4 1600 to 2000 Watt

8.4.1 1600-to-2000-Watt Market Trends Analysis (2020-2032)

8.4.2 1600-to-2000-Watt Market Size Estimates and Forecasts to 2032 (USD Million)

8.5 >2000 Watt

8.5.1 >2000-Watt Market Trends Analysis (2020-2032)

8.5.2 >2000-Watt Market Size Estimates and Forecasts to 2032 (USD Million)

9. Regional Analysis

9.1 Chapter Overview

9.2 North America

9.2.1 Trends Analysis

9.2.2 North America Electric Wall Heater Market Estimates and Forecasts, by Country (2020-2032) (USD Million)

9.2.3 North America Electric Wall Heater Market Estimates and Forecasts, by Application (2020-2032) (USD Million) 

9.2.4 North America Electric Wall Heater Market Estimates and Forecasts, by Power (2020-2032) (USD Million)

9.2.5 USA

9.2.5.1 USA Electric Wall Heater Market Estimates and Forecasts, by Application (2020-2032) (USD Million)

9.2.5.2 USA Electric Wall Heater Market Estimates and Forecasts, by Power (2020-2032) (USD Million)

9.2.6 Canada

9.2.6.1 Canada Electric Wall Heater Market Estimates and Forecasts, by Application (2020-2032) (USD Million)

9.2.6.2 Canada Electric Wall Heater Market Estimates and Forecasts, by Power (2020-2032) (USD Million)

9.2.7 Mexico

9.2.7.1 Mexico Electric Wall Heater Market Estimates and Forecasts, by Application (2020-2032) (USD Million)

9.2.7.2 Mexico Electric Wall Heater Market Estimates and Forecasts, by Power (2020-2032) (USD Million)

9.3 Europe

9.3.1 Eastern Europe

9.3.1.1 Trends Analysis

9.3.1.2 Eastern Europe Electric Wall Heater Market Estimates and Forecasts, by Country (2020-2032) (USD Million)

9.3.1.3 Eastern Europe Electric Wall Heater Market Estimates and Forecasts, by Application (2020-2032) (USD Million) 

9.3.1.4 Eastern Europe Electric Wall Heater Market Estimates and Forecasts, by Power (2020-2032) (USD Million)

9.3.1.5 Poland

9.3.1.5.1 Poland Electric Wall Heater Market Estimates and Forecasts, by Application (2020-2032) (USD Million)

9.3.1.5.2 Poland Electric Wall Heater Market Estimates and Forecasts, by Power (2020-2032) (USD Million)

9.3.1.6 Romania

9.3.1.6.1 Romania Electric Wall Heater Market Estimates and Forecasts, by Application (2020-2032) (USD Million)

9.3.1.6.2 Romania Electric Wall Heater Market Estimates and Forecasts, by Power (2020-2032) (USD Million)

9.3.1.7 Hungary

9.3.1.7.1 Hungary Electric Wall Heater Market Estimates and Forecasts, by Application (2020-2032) (USD Million)

9.3.1.7.2 Hungary Electric Wall Heater Market Estimates and Forecasts, by Power (2020-2032) (USD Million)

9.3.1.8 Turkey

9.3.1.8.1 Turkey Electric Wall Heater Market Estimates and Forecasts, by Application (2020-2032) (USD Million)

9.3.1.8.2 Turkey Electric Wall Heater Market Estimates and Forecasts, by Power (2020-2032) (USD Million)

9.3.1.9 Rest of Eastern Europe

9.3.1.9.1 Rest of Eastern Europe Electric Wall Heater Market Estimates and Forecasts, by Application (2020-2032) (USD Million)

9.3.1.9.2 Rest of Eastern Europe Electric Wall Heater Market Estimates and Forecasts, by Power (2020-2032) (USD Million)

9.3.2 Western Europe

9.3.2.1 Trends Analysis

9.3.2.2 Western Europe Electric Wall Heater Market Estimates and Forecasts, by Country (2020-2032) (USD Million)

9.3.2.3 Western Europe Electric Wall Heater Market Estimates and Forecasts, by Application (2020-2032) (USD Million) 

9.3.2.4 Western Europe Electric Wall Heater Market Estimates and Forecasts, by Power (2020-2032) (USD Million)

9.3.2.5 Germany

9.3.2.5.1 Germany Electric Wall Heater Market Estimates and Forecasts, by Application (2020-2032) (USD Million)

9.3.2.5.2 Germany Electric Wall Heater Market Estimates and Forecasts, by Power (2020-2032) (USD Million)

9.3.2.6 France

9.3.2.6.1 France Electric Wall Heater Market Estimates and Forecasts, by Application (2020-2032) (USD Million)

9.3.2.6.2 France Electric Wall Heater Market Estimates and Forecasts, by Power (2020-2032) (USD Million)

9.3.2.7 UK

9.3.2.7.1 UK Electric Wall Heater Market Estimates and Forecasts, by Application (2020-2032) (USD Million)

9.3.2.7.2 UK Electric Wall Heater Market Estimates and Forecasts, by Power (2020-2032) (USD Million)

9.3.2.8 Italy

9.3.2.8.1 Italy Electric Wall Heater Market Estimates and Forecasts, by Application (2020-2032) (USD Million)

9.3.2.8.2 Italy Electric Wall Heater Market Estimates and Forecasts, by Power (2020-2032) (USD Million)

9.3.2.9 Spain

9.3.2.9.1 Spain Electric Wall Heater Market Estimates and Forecasts, by Application (2020-2032) (USD Million)

9.3.2.9.2 Spain Electric Wall Heater Market Estimates and Forecasts, by Power (2020-2032) (USD Million)

9.3.2.10 Netherlands

9.3.2.10.1 Netherlands Electric Wall Heater Market Estimates and Forecasts, by Application (2020-2032) (USD Million)

9.3.2.10.2 Netherlands Electric Wall Heater Market Estimates and Forecasts, by Power (2020-2032) (USD Million)

9.3.2.11 Switzerland

9.3.2.11.1 Switzerland Electric Wall Heater Market Estimates and Forecasts, by Application (2020-2032) (USD Million)

9.3.2.11.2 Switzerland Electric Wall Heater Market Estimates and Forecasts, by Power (2020-2032) (USD Million)

9.3.2.12 Austria

9.3.2.12.1 Austria Electric Wall Heater Market Estimates and Forecasts, by Application (2020-2032) (USD Million)

9.3.2.12.2 Austria Electric Wall Heater Market Estimates and Forecasts, by Power (2020-2032) (USD Million)

9.3.2.13 Rest of Western Europe

9.3.2.13.1 Rest of Western Europe Electric Wall Heater Market Estimates and Forecasts, by Application (2020-2032) (USD Million)

9.3.2.13.2 Rest of Western Europe Electric Wall Heater Market Estimates and Forecasts, by Power (2020-2032) (USD Million)

9.4 Asia-Pacific

9.4.1 Trends Analysis

9.4.2 Asia-Pacific Electric Wall Heater Market Estimates and Forecasts, by Country (2020-2032) (USD Million)

9.4.3 Asia-Pacific Electric Wall Heater Market Estimates and Forecasts, by Application (2020-2032) (USD Million) 

9.4.4 Asia-Pacific Electric Wall Heater Market Estimates and Forecasts, by Power (2020-2032) (USD Million)

9.4.5 China

9.4.5.1 China Electric Wall Heater Market Estimates and Forecasts, by Application (2020-2032) (USD Million)

9.4.5.2 China Electric Wall Heater Market Estimates and Forecasts, by Power (2020-2032) (USD Million)

9.4.6 India

9.4.5.1 India Electric Wall Heater Market Estimates and Forecasts, by Application (2020-2032) (USD Million)

9.4.5.2 India Electric Wall Heater Market Estimates and Forecasts, by Power (2020-2032) (USD Million)

9.4.5 Japan

9.4.5.1 Japan Electric Wall Heater Market Estimates and Forecasts, by Application (2020-2032) (USD Million)

9.4.5.2 Japan Electric Wall Heater Market Estimates and Forecasts, by Power (2020-2032) (USD Million)

9.4.6 South Korea

9.4.6.1 South Korea Electric Wall Heater Market Estimates and Forecasts, by Application (2020-2032) (USD Million)

9.4.6.2 South Korea Electric Wall Heater Market Estimates and Forecasts, by Power (2020-2032) (USD Million)

9.4.7 Vietnam

9.4.7.1 Vietnam Electric Wall Heater Market Estimates and Forecasts, by Application (2020-2032) (USD Million)

9.2.7.2 Vietnam Electric Wall Heater Market Estimates and Forecasts, by Power (2020-2032) (USD Million)

9.4.8 Singapore

9.4.8.1 Singapore Electric Wall Heater Market Estimates and Forecasts, by Application (2020-2032) (USD Million)

9.4.8.2 Singapore Electric Wall Heater Market Estimates and Forecasts, by Power (2020-2032) (USD Million)

9.4.9 Australia

9.4.9.1 Australia Electric Wall Heater Market Estimates and Forecasts, by Application (2020-2032) (USD Million)

9.4.9.2 Australia Electric Wall Heater Market Estimates and Forecasts, by Power (2020-2032) (USD Million)

9.4.10 Rest of Asia-Pacific

9.4.10.1 Rest of Asia-Pacific Electric Wall Heater Market Estimates and Forecasts, by Application (2020-2032) (USD Million)

9.4.10.2 Rest of Asia-Pacific Electric Wall Heater Market Estimates and Forecasts, by Power (2020-2032) (USD Million)

9.5 Middle East and Africa

9.5.1 Middle East

9.5.1.1 Trends Analysis

9.5.1.2 Middle East Electric Wall Heater Market Estimates and Forecasts, by Country (2020-2032) (USD Million)

9.5.1.3 Middle East Electric Wall Heater Market Estimates and Forecasts, by Application (2020-2032) (USD Million) 

9.5.1.4 Middle East Electric Wall Heater Market Estimates and Forecasts, by Power (2020-2032) (USD Million)

9.5.1.5 UAE

9.5.1.5.1 UAE Electric Wall Heater Market Estimates and Forecasts, by Application (2020-2032) (USD Million)

9.5.1.5.2 UAE Electric Wall Heater Market Estimates and Forecasts, by Power (2020-2032) (USD Million)

9.5.1.6 Egypt

9.5.1.6.1 Egypt Electric Wall Heater Market Estimates and Forecasts, by Application (2020-2032) (USD Million)

9.5.1.6.2 Egypt Electric Wall Heater Market Estimates and Forecasts, by Power (2020-2032) (USD Million)

9.5.1.7 Saudi Arabia

9.5.1.7.1 Saudi Arabia Electric Wall Heater Market Estimates and Forecasts, by Application (2020-2032) (USD Million)

9.5.1.7.2 Saudi Arabia Electric Wall Heater Market Estimates and Forecasts, by Power (2020-2032) (USD Million)

9.5.1.8 Qatar

9.5.1.8.1 Qatar Electric Wall Heater Market Estimates and Forecasts, by Application (2020-2032) (USD Million)

9.5.1.8.2 Qatar Electric Wall Heater Market Estimates and Forecasts, by Power (2020-2032) (USD Million)

9.5.1.9 Rest of Middle East

9.5.1.9.1 Rest of Middle East Electric Wall Heater Market Estimates and Forecasts, by Application (2020-2032) (USD Million)

9.5.1.9.2 Rest of Middle East Electric Wall Heater Market Estimates and Forecasts, by Power (2020-2032) (USD Million)

9.5.2 Africa

9.5.2.1 Trends Analysis

9.5.2.2 Africa Electric Wall Heater Market Estimates and Forecasts, by Country (2020-2032) (USD Million)

9.5.2.3 Africa Electric Wall Heater Market Estimates and Forecasts, by Application (2020-2032) (USD Million) 

9.5.2.4 Africa Electric Wall Heater Market Estimates and Forecasts, by Power (2020-2032) (USD Million)

9.5.2.5 South Africa

9.5.2.5.1 South Africa Electric Wall Heater Market Estimates and Forecasts, by Application (2020-2032) (USD Million)

9.5.2.5.2 South Africa Electric Wall Heater Market Estimates and Forecasts, by Power (2020-2032) (USD Million)

9.5.2.6 Nigeria

9.5.2.6.1 Nigeria Electric Wall Heater Market Estimates and Forecasts, by Application (2020-2032) (USD Million)

9.5.2.6.2 Nigeria Electric Wall Heater Market Estimates and Forecasts, by Power (2020-2032) (USD Million)

9.6 Latin America

9.6.1 Trends Analysis

9.6.2 Latin America Electric Wall Heater Market Estimates and Forecasts, by Country (2020-2032) (USD Million)

9.6.3 Latin America Electric Wall Heater Market Estimates and Forecasts, by Application (2020-2032) (USD Million) 

9.6.4 Latin America Electric Wall Heater Market Estimates and Forecasts, by Power (2020-2032) (USD Million)

9.6.5 Brazil

9.6.5.1 Brazil Electric Wall Heater Market Estimates and Forecasts, by Application (2020-2032) (USD Million)

9.6.5.2 Brazil Electric Wall Heater Market Estimates and Forecasts, by Power (2020-2032) (USD Million)

9.6.6 Argentina

9.6.6.1 Argentina Electric Wall Heater Market Estimates and Forecasts, by Application (2020-2032) (USD Million)

9.6.6.2 Argentina Electric Wall Heater Market Estimates and Forecasts, by Power (2020-2032) (USD Million)

9.6.7 Colombia

9.6.7.1 Colombia Electric Wall Heater Market Estimates and Forecasts, by Application (2020-2032) (USD Million)

9.6.7.2 Colombia Electric Wall Heater Market Estimates and Forecasts, by Power (2020-2032) (USD Million)

9.6.8 Rest of Latin America

9.6.8.1 Rest of Latin America Electric Wall Heater Market Estimates and Forecasts, by Application (2020-2032) (USD Million)

9.6.8.2 Rest of Latin America Electric Wall Heater Market Estimates and Forecasts, by Power (2020-2032) (USD Million)

11. Company Profiles

           11.1 Marley Engineered Products

11.1.1 Company Overview

11.1.2 Financial

11.1.3 Products/ Services Offered

11.1.4 SWOT Analysis

           11.2 Stiebel Eltron Inc.

11.2.1 Company Overview

11.2.2 Financial

11.2.3 Products/ Services Offered

11.2.4 SWOT Analysis

            11.3 Markel Products Company

11.3.1 Company Overview

11.3.2 Financial

11.3.3 Products/ Services Offered

11.3.4 SWOT Analysis

11.4 Trane

11.4.1 Company Overview

11.4.2 Financial

11.4.3 Products/ Services Offered

11.4.4 SWOT Analysis

11.5 Broan, Inc.

11.5.1 Company Overview

11.5.2 Financial

11.5.3 Products/ Services Offered

11.5.4 SWOT Analysis

11.6 WarmlyYours.com, Inc.

11.6.1 Company Overview

11.6.2 Financial

11.6.3 Products/ Services Offered

11.6.4 SWOT Analysis

11.7 King Electric

 11.7.1 Company Overview

11.7.2 Financial

11.7.3 Products/ Services Offered

11.7.4 SWOT Analysis

11.8 Indeeco

11.8.1 Company Overview

11.8.2 Financial

11.8.3 Products/ Services Offered

11.8.4 SWOT Analysis

11.9 Glen Dimplex Group

11.9.1 Company Overview

11.9.2 Financial

11.9.3 Products/ Services Offered

11.9.4 SWOT Analysis

11.10 Radiant Systems

11.10.1 Company Overview

11.10.2 Financial

11.10.3 Products/ Services Offered

11.10.4 SWOT Analysis

12. Use Cases and Best Practices

13. Conclusion

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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

Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.

Data Bank Validation

Step 4: QA/QC Process

After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.

Step 5: Final QC/QA Process:

This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.

Key Segments

By Application

  • Residential

  • Non-Residential

By Power

  • <1000 Watt

  • 1000 to 1600 Watt

  • 1600 to 2000 Watt

  • >2000 Watt

Request for Segment Customization as per your Business Requirement: Segment Customization Request

Regional Coverage

North America

  • US

  • Canada

  • Mexico

Europe

  • Eastern Europe

    • Poland

    • Romania

    • Hungary

    • Turkey

    • Rest of Eastern Europe

  • Western Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Netherlands

    • Switzerland

    • Austria

    • Rest of Western Europe

Asia Pacific

  • China

  • India

  • Japan

  • South Korea

  • Vietnam

  • Singapore

  • Australia

  • Rest of Asia Pacific

Middle East & Africa

  • Middle East

    • UAE

    • Egypt

    • Saudi Arabia

    • Qatar

    • Rest of the Middle East

  • Africa

    • Nigeria

    • South Africa

    • Rest of Africa

Latin America

  • Brazil

  • Argentina

  • Colombia

  • Rest of Latin America

Request for Country Level Research Report: Country Level Customization Request

Available Customization

With the given market data, SNS Insider offers customization as per the company’s specific needs. The following customization options are available for the report:

  • Product Analysis

  • Criss-Cross segment analysis (e.g. Product X Application)

  • Product Matrix which gives a detailed comparison of product portfolio of each company

  • Geographic Analysis

  • Additional countries in any of the regions

  • Company Information

  • Detailed analysis and profiling of additional market players (Up to five)

 

 


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