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Global Grid-Interactive Water Heater Market Insights, Forecast to 2025

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Table of Contents

    1 Study Coverage

    • 1.1 Grid-Interactive Water Heater Product
    • 1.2 Key Market Segments in This Study
    • 1.3 Key Manufacturers Covered
    • 1.4 Market by Type
      • 1.4.1 Global Grid-Interactive Water Heater Market Size Growth Rate by Type
      • 1.4.2 80 Gallon Capacities
      • 1.4.3 100 Gallon Capacities
      • 1.4.4 119 Gallon Capacities
      • 1.4.5 Others
    • 1.5 Market by Application
      • 1.5.1 Global Grid-Interactive Water Heater Market Size Growth Rate by Application
      • 1.5.2 Residential
      • 1.5.3 Non-Residential
    • 1.6 Study Objectives
    • 1.7 Years Considered

    2 Executive Summary

    • 2.1 Global Grid-Interactive Water Heater Market Size
      • 2.1.1 Global Grid-Interactive Water Heater Revenue 2014-2025
      • 2.1.2 Global Grid-Interactive Water Heater Production 2014-2025
    • 2.2 Grid-Interactive Water Heater Growth Rate (CAGR) 2019-2025
    • 2.3 Analysis of Competitive Landscape
      • 2.3.1 Manufacturers Market Concentration Ratio (CR5 and HHI)
      • 2.3.2 Key Grid-Interactive Water Heater Manufacturers
        • 2.3.2.1 Grid-Interactive Water Heater Manufacturing Base Distribution, Headquarters
        • 2.3.2.2 Manufacturers Grid-Interactive Water Heater Product Offered
        • 2.3.2.3 Date of Manufacturers Enter into Grid-Interactive Water Heater Market
    • 2.4 Key Trends for Grid-Interactive Water Heater Markets & Products

    3 Market Size by Manufacturers

    • 3.1 Grid-Interactive Water Heater Production by Manufacturers
      • 3.1.1 Grid-Interactive Water Heater Production by Manufacturers
      • 3.1.2 Grid-Interactive Water Heater Production Market Share by Manufacturers
    • 3.2 Grid-Interactive Water Heater Revenue by Manufacturers
      • 3.2.1 Grid-Interactive Water Heater Revenue by Manufacturers (2014-2019)
      • 3.2.2 Grid-Interactive Water Heater Revenue Share by Manufacturers (2014-2019)
    • 3.3 Grid-Interactive Water Heater Price by Manufacturers
    • 3.4 Mergers & Acquisitions, Expansion Plans

    4 Grid-Interactive Water Heater Production by Regions

    • 4.1 Global Grid-Interactive Water Heater Production by Regions
      • 4.1.1 Global Grid-Interactive Water Heater Production Market Share by Regions
      • 4.1.2 Global Grid-Interactive Water Heater Revenue Market Share by Regions
    • 4.2 United States
      • 4.2.1 United States Grid-Interactive Water Heater Production
      • 4.2.2 United States Grid-Interactive Water Heater Revenue
      • 4.2.3 Key Players in United States
      • 4.2.4 United States Grid-Interactive Water Heater Import & Export
    • 4.3 Europe
      • 4.3.1 Europe Grid-Interactive Water Heater Production
      • 4.3.2 Europe Grid-Interactive Water Heater Revenue
      • 4.3.3 Key Players in Europe
      • 4.3.4 Europe Grid-Interactive Water Heater Import & Export
    • 4.4 China
      • 4.4.1 China Grid-Interactive Water Heater Production
      • 4.4.2 China Grid-Interactive Water Heater Revenue
      • 4.4.3 Key Players in China
      • 4.4.4 China Grid-Interactive Water Heater Import & Export
    • 4.5 Japan
      • 4.5.1 Japan Grid-Interactive Water Heater Production
      • 4.5.2 Japan Grid-Interactive Water Heater Revenue
      • 4.5.3 Key Players in Japan
      • 4.5.4 Japan Grid-Interactive Water Heater Import & Export
    • 4.6 Other Regions
      • 4.6.1 South Korea
      • 4.6.2 India
      • 4.6.3 Southeast Asia

    5 Grid-Interactive Water Heater Consumption by Regions

    • 5.1 Global Grid-Interactive Water Heater Consumption by Regions
      • 5.1.1 Global Grid-Interactive Water Heater Consumption by Regions
      • 5.1.2 Global Grid-Interactive Water Heater Consumption Market Share by Regions
    • 5.2 North America
      • 5.2.1 North America Grid-Interactive Water Heater Consumption by Application
      • 5.2.2 North America Grid-Interactive Water Heater Consumption by Countries
      • 5.2.3 United States
      • 5.2.4 Canada
      • 5.2.5 Mexico
    • 5.3 Europe
      • 5.3.1 Europe Grid-Interactive Water Heater Consumption by Application
      • 5.3.2 Europe Grid-Interactive Water Heater Consumption by Countries
      • 5.3.3 Germany
      • 5.3.4 France
      • 5.3.5 UK
      • 5.3.6 Italy
      • 5.3.7 Russia
    • 5.4 Asia Pacific
      • 5.4.1 Asia Pacific Grid-Interactive Water Heater Consumption by Application
      • 5.4.2 Asia Pacific Grid-Interactive Water Heater Consumption by Countries
      • 5.4.3 China
      • 5.4.4 Japan
      • 5.4.5 South Korea
      • 5.4.6 India
      • 5.4.7 Australia
      • 5.4.8 Indonesia
      • 5.4.9 Thailand
      • 5.4.10 Malaysia
      • 5.4.11 Philippines
      • 5.4.12 Vietnam
    • 5.5 Central & South America
      • 5.5.1 Central & South America Grid-Interactive Water Heater Consumption by Application
      • 5.5.2 Central & South America Grid-Interactive Water Heater Consumption by Country
      • 5.5.3 Brazil
    • 5.6 Middle East and Africa
      • 5.6.1 Middle East and Africa Grid-Interactive Water Heater Consumption by Application
      • 5.6.2 Middle East and Africa Grid-Interactive Water Heater Consumption by Countries
      • 5.6.3 GCC Countries
      • 5.6.4 Egypt
      • 5.6.5 South Africa

    6 Market Size by Type

    • 6.1 Global Grid-Interactive Water Heater Production by Type
    • 6.2 Global Grid-Interactive Water Heater Revenue by Type
    • 6.3 Grid-Interactive Water Heater Price by Type

    7 Market Size by Application

    • 7.1 Overview
    • 7.2 Global Grid-Interactive Water Heater Breakdown Dada by Application
      • 7.2.1 Global Grid-Interactive Water Heater Consumption by Application
      • 7.2.2 Global Grid-Interactive Water Heater Consumption Market Share by Application (2014-2019)

    8 Manufacturers Profiles

    • 8.1 Steffes
      • 8.1.1 Steffes Company Details
      • 8.1.2 Company Overview
      • 8.1.3 Steffes Grid-Interactive Water Heater Production Revenue and Gross Margin (2014-2019)
      • 8.1.4 Steffes Grid-Interactive Water Heater Product Description
      • 8.1.5 Steffes Recent Development
    • 8.2 Vaughn Thermal
      • 8.2.1 Vaughn Thermal Company Details
      • 8.2.2 Company Overview
      • 8.2.3 Vaughn Thermal Grid-Interactive Water Heater Production Revenue and Gross Margin (2014-2019)
      • 8.2.4 Vaughn Thermal Grid-Interactive Water Heater Product Description
      • 8.2.5 Vaughn Thermal Recent Development
    • 8.3 Great River Energy
      • 8.3.1 Great River Energy Company Details
      • 8.3.2 Company Overview
      • 8.3.3 Great River Energy Grid-Interactive Water Heater Production Revenue and Gross Margin (2014-2019)
      • 8.3.4 Great River Energy Grid-Interactive Water Heater Product Description
      • 8.3.5 Great River Energy Recent Development
    • 8.4 HTP (Everlast)
      • 8.4.1 HTP (Everlast) Company Details
      • 8.4.2 Company Overview
      • 8.4.3 HTP (Everlast) Grid-Interactive Water Heater Production Revenue and Gross Margin (2014-2019)
      • 8.4.4 HTP (Everlast) Grid-Interactive Water Heater Product Description
      • 8.4.5 HTP (Everlast) Recent Development

    9 Production Forecasts

    • 9.1 Grid-Interactive Water Heater Production and Revenue Forecast
      • 9.1.1 Global Grid-Interactive Water Heater Production Forecast 2019-2025
      • 9.1.2 Global Grid-Interactive Water Heater Revenue Forecast 2019-2025
    • 9.2 Grid-Interactive Water Heater Production and Revenue Forecast by Regions
      • 9.2.1 Global Grid-Interactive Water Heater Revenue Forecast by Regions
      • 9.2.2 Global Grid-Interactive Water Heater Production Forecast by Regions
    • 9.3 Grid-Interactive Water Heater Key Producers Forecast
      • 9.3.1 United States
      • 9.3.2 Europe
      • 9.3.3 China
      • 9.3.4 Japan
    • 9.4 Forecast by Type
      • 9.4.1 Global Grid-Interactive Water Heater Production Forecast by Type
      • 9.4.2 Global Grid-Interactive Water Heater Revenue Forecast by Type

    10 Consumption Forecast

    • 10.1 Grid-Interactive Water Heater Consumption Forecast by Application
    • 10.2 Grid-Interactive Water Heater Consumption Forecast by Regions
    • 10.3 North America Market Consumption Forecast
      • 10.3.1 North America Grid-Interactive Water Heater Consumption Forecast by Regions 2019-2025
      • 10.3.2 United States
      • 10.3.3 Canada
      • 10.3.4 Mexico
    • 10.4 Europe Market Consumption Forecast
      • 10.4.1 Europe Grid-Interactive Water Heater Consumption Forecast by Regions 2019-2025
      • 10.4.2 Germany
      • 10.4.3 France
      • 10.4.4 UK
      • 10.4.5 Italy
      • 10.4.6 Russia
    • 10.5 Asia Pacific Market Consumption Forecast
      • 10.5.1 Asia Pacific Grid-Interactive Water Heater Consumption Forecast by Regions 2019-2025
      • 10.5.2 China
      • 10.5.3 Japan
      • 10.5.4 South Korea
      • 10.5.5 India
      • 10.5.6 Australia
      • 10.5.7 Indonesia
      • 10.5.8 Thailand
      • 10.5.9 Malaysia
      • 10.5.10 Philippines
      • 10.5.11 Vietnam
    • 10.6 Central & South America Market Consumption Forecast
      • 10.6.1 Central & South America Grid-Interactive Water Heater Consumption Forecast by Regions 2019-2025
      • 10.6.2 Brazil
    • 10.7 Middle East and Africa Market Consumption Forecast
      • 10.7.1 Middle East and Africa Grid-Interactive Water Heater Consumption Forecast by Regions 2019-2025
      • 10.7.2 GCC Countries
      • 10.7.3 Egypt
      • 10.7.4 South Africa

    11 Value Chain and Sales Channels Analysis

    • 11.1 Value Chain Analysis
    • 11.2 Sales Channels Analysis
      • 11.2.1 Grid-Interactive Water Heater Sales Channels
      • 11.2.2 Grid-Interactive Water Heater Distributors
    • 11.3 Grid-Interactive Water Heater Customers

    12 Market Opportunities & Challenges, Risks and Influences Factors Analysis

    • 12.1 Market Opportunities and Drivers
    • 12.2 Market Challenges
    • 12.3 Market Risks/Restraints

    13 Key Findings in the Global Grid-Interactive Water Heater Study

      14 Appendix

      • 14.1 Research Methodology
        • 14.1.1 Methodology/Research Approach
          • 14.1.1.1 Research Programs/Design
          • 14.1.1.2 Market Size Estimation
          • 14.1.1.3 Market Breakdown and Data Triangulation
        • 14.1.2 Data Source
          • 14.1.2.1 Secondary Sources
          • 14.1.2.2 Primary Sources
      • 14.2 Author Details

      Electric water heaters having two-way control capabilities with the grid are known as grid interactive water heaters (GIWHs). Energy storage in a GIWH proves to be economical, as its function is similar to a battery energy storage system, but at a much lesser cost. Typically, water usage in the residential sector, which holds the maximum share in the global GIWH market, is higher during mornings and evenings. As GIWH allows water to be heated as and when surplus power is available from the grid, it provides flexibility to the electric supply system and ensures cost savings. In addition, these heaters are a cost-efficient option even at the consumer end, as they pay for the surplus load rate, which is generally cheaper than the normal price. The global GIWH market is segmented based on end-user and geography. The key end-users identified in the report are residential and non-residential segments. The following exhibit represents the current market scenario and future projections of GIWH in each end-user segment.
      Owing to the rising population and the economic growth, the demand for energy will highly increase. Emerging economies such as China, need high energy due to their rapid industrilization. Technavio’s market research report has identified growth in energy consumption as one of the primary factors that will fuel the growth of the grid-interactive water heater market in the coming years. With the high energy requirement more renewable energy sources are coming online is bound to significant impact on the consistency of the electricity. Increased consumption of electricity will lead more renewable power to come online which will increase the load of the grid and GIWH provides demand-side flexibility which stabilizes the grid. Owing to the increased consumption of energy, the grid-interactive water heater (GIWH) will witness growth.
      The Americas will be the major revenue contributor to the GIWH market throughout the forecast period. The market is primarily driven by the investments in the residential commercial sector. The demand from the Latin countries and the US is very high due to which the grid enabled water heater market is witnessing strong growth in the region.
      The Grid-Interactive Water Heater market was valued at xx Million US$ in 2018 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Grid-Interactive Water Heater.

      This report presents the worldwide Grid-Interactive Water Heater market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
      This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

      The following manufacturers are covered in this report:
      Steffes
      Vaughn Thermal
      Great River Energy
      HTP (Everlast)

      Grid-Interactive Water Heater Breakdown Data by Type
      80 Gallon Capacities
      100 Gallon Capacities
      119 Gallon Capacities
      Others
      Grid-Interactive Water Heater Breakdown Data by Application
      Residential
      Non-Residential

      Grid-Interactive Water Heater Production by Region
      United States
      Europe
      China
      Japan
      Other Regions

      Grid-Interactive Water Heater Consumption by Region
      North America
      United States
      Canada
      Mexico
      Asia-Pacific
      China
      India
      Japan
      South Korea
      Australia
      Indonesia
      Malaysia
      Philippines
      Thailand
      Vietnam
      Europe
      Germany
      France
      UK
      Italy
      Russia
      Rest of Europe
      Central & South America
      Brazil
      Rest of South America
      Middle East & Africa
      GCC Countries
      Turkey
      Egypt
      South Africa
      Rest of Middle East & Africa

      The study objectives are:
      To analyze and research the global Grid-Interactive Water Heater status and future forecast，involving, production, revenue, consumption, historical and forecast.
      To present the key Grid-Interactive Water Heater manufacturers, production, revenue, market share, and recent development.
      To split the breakdown data by regions, type, manufacturers and applications.
      To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
      To identify significant trends, drivers, influence factors in global and regions.
      To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

      In this study, the years considered to estimate the market size of Grid-Interactive Water Heater :
      History Year: 2014 - 2018
      Base Year: 2018
      Estimated Year: 2019
      Forecast Year: 2019 - 2025

      This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Grid-Interactive Water Heater market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.

      For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

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