Industry Research Reports
Electric Storage Heater- Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031
Industry: Machinery & Equipment
Published Date: 2025-01-13
Pages: 112 Pages
Report ld: 3464467
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Electric Storage Heater Market Size(US$)
CAGR 2025-2031
3.7%
Market Size,2031
USD 3,094
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
The global market for Electric Storage Heater was estimated to be worth US$ 2408 million in 2024 and is forecast to a readjusted size of US$ 3094 million by 2031 with a CAGR of 3.7% during the forecast period 2025-2031.
The electric storage heater market is experiencing significant growth and is poised for further expansion in the coming years. Electric storage heaters are heating devices that utilize electricity to generate and store heat during off-peak hours, providing warmth when needed. These heaters are popular for their energy-efficient operation, cost-effectiveness, and ease of installation. The increasing demand for sustainable and efficient heating solutions, government initiatives promoting energy conservation, and the rising focus on reducing carbon emissions are driving the growth of the electric storage heater market. Electric storage heaters offer advantages such as programmable controls, thermal insulation, and the ability to take advantage of lower electricity tariffs during off-peak periods. Furthermore, advancements in technology have led to the development of smart electric storage heaters with features like remote control, adaptive heating algorithms, and integration with home automation systems. As consumers seek energy-efficient and environmentally friendly heating options, the electric storage heater market is expected to witness continuous innovation, improved performance, and increased adoption across residential, commercial, and industrial sectors.
This report aims to provide a comprehensive presentation of the global market for Electric Storage Heater, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Electric Storage Heater by region & country, by Type, and by Application.
The Electric Storage Heater market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Electric Storage Heater.
MARKET SEGMENTATION
By Company
- Dimplex
- Elnur
- Stiebel Eltron
- Creda
- Sunhouse
- Liberty Electric Products
- Electric Ireland
- Thermotec
- Heatstore
- Technotherm
- Jersey Electricity
- Alto Electrical
- Vent-Axia
- Newlec
Consumption by Region
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- South Korea
- Southeast Asia
- India
- Australia
- Rest of Asia-Pacific
- Europe
- Germany
- France
- U.K.
- Italy
- Netherlands
- Nordic Countries
- Rest of Europe
- Latin America
- Mexico
- Brazil
- Rest of Latin America
- Middle East & Africa
- Turkey
- Saudi Arabia
- UAE
- Rest of MEA
Segment by Type
- Basic Electric Storage Heater
- Automatic Electric Storage Heater
- Fan-assisted Electric Storage Heater
- Combination Electric Storage Heater
Segment by Application
- Household
- Commercial
CHAPTER OUTLINE
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Electric Storage Heater manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Electric Storage Heater in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Electric Storage Heater in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
We identify regional market threats and growth prospects to guide your overseas layout.
We adjust product portfolios in line with local consumption habits.
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.
We own self-owned massive exclusive databases, backed by 19 years of global market research experience across thousands of sectors.
Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.
We integrate regional risk assessment, localized product optimization and competitor analysis to deliver actionable market strategies.
All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.
We provide responsive, dedicated after-sales support to resolve all follow-up inquiries about reports, data and industry interpretation.
TABLE OF CONTENTS
1 Market Overview
1.1 Electric Storage Heater Product Introduction
1.2 Global Electric Storage Heater Market Size Forecast
1.2.1 Global Electric Storage Heater Sales Value (2020-2031)
1.2.2 Global Electric Storage Heater Sales Volume (2020-2031)
1.2.3 Global Electric Storage Heater Sales Price (2020-2031)
1.3 Electric Storage Heater Market Trends & Drivers
1.3.1 Electric Storage Heater Industry Trends
1.3.2 Electric Storage Heater Market Drivers & Opportunity
1.3.3 Electric Storage Heater Market Challenges
1.3.4 Electric Storage Heater Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Electric Storage Heater Players Revenue Ranking (2024)
2.2 Global Electric Storage Heater Revenue by Company (2020-2025)
2.3 Global Electric Storage Heater Players Sales Volume Ranking (2024)
2.4 Global Electric Storage Heater Sales Volume by Company Players (2020-2025)
2.5 Global Electric Storage Heater Average Price by Company (2020-2025)
2.6 Key Manufacturers Electric Storage Heater Manufacturing Base and Headquarters
2.7 Key Manufacturers Electric Storage Heater Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Electric Storage Heater
2.9 Electric Storage Heater Market Competitive Analysis
2.9.1 Electric Storage Heater Market Concentration Rate (2020-2025)
2.9.2 Global 5 and 10 Largest Manufacturers by Electric Storage Heater Revenue in 2024
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Electric Storage Heater as of 2024)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Basic Electric Storage Heater
3.1.2 Automatic Electric Storage Heater
3.1.3 Fan-assisted Electric Storage Heater
3.1.4 Combination Electric Storage Heater
3.2 Global Electric Storage Heater Sales Value by Type
3.2.1 Global Electric Storage Heater Sales Value by Type (2020 VS 2024 VS 2031)
3.2.2 Global Electric Storage Heater Sales Value, by Type (2020-2031)
3.2.3 Global Electric Storage Heater Sales Value, by Type (%) (2020-2031)
3.3 Global Electric Storage Heater Sales Volume by Type
3.3.1 Global Electric Storage Heater Sales Volume by Type (2020 VS 2024 VS 2031)
3.3.2 Global Electric Storage Heater Sales Volume, by Type (2020-2031)
3.3.3 Global Electric Storage Heater Sales Volume, by Type (%) (2020-2031)
3.4 Global Electric Storage Heater Average Price by Type (2020-2031)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Household
4.1.2 Commercial
4.2 Global Electric Storage Heater Sales Value by Application
4.2.1 Global Electric Storage Heater Sales Value by Application (2020 VS 2024 VS 2031)
4.2.2 Global Electric Storage Heater Sales Value, by Application (2020-2031)
4.2.3 Global Electric Storage Heater Sales Value, by Application (%) (2020-2031)
4.3 Global Electric Storage Heater Sales Volume by Application
4.3.1 Global Electric Storage Heater Sales Volume by Application (2020 VS 2024 VS 2031)
4.3.2 Global Electric Storage Heater Sales Volume, by Application (2020-2031)
4.3.3 Global Electric Storage Heater Sales Volume, by Application (%) (2020-2031)
4.4 Global Electric Storage Heater Average Price by Application (2020-2031)
5 Segmentation by Region
5.1 Global Electric Storage Heater Sales Value by Region
5.1.1 Global Electric Storage Heater Sales Value by Region: 2020 VS 2024 VS 2031
5.1.2 Global Electric Storage Heater Sales Value by Region (2020-2025)
5.1.3 Global Electric Storage Heater Sales Value by Region (2026-2031)
5.1.4 Global Electric Storage Heater Sales Value by Region (%), (2020-2031)
5.2 Global Electric Storage Heater Sales Volume by Region
5.2.1 Global Electric Storage Heater Sales Volume by Region: 2020 VS 2024 VS 2031
5.2.2 Global Electric Storage Heater Sales Volume by Region (2020-2025)
5.2.3 Global Electric Storage Heater Sales Volume by Region (2026-2031)
5.2.4 Global Electric Storage Heater Sales Volume by Region (%), (2020-2031)
5.3 Global Electric Storage Heater Average Price by Region (2020-2031)
5.4 North America
5.4.1 North America Electric Storage Heater Sales Value, 2020-2031
5.4.2 North America Electric Storage Heater Sales Value by Country (%), 2024 VS 2031
5.5 Europe
5.5.1 Europe Electric Storage Heater Sales Value, 2020-2031
5.5.2 Europe Electric Storage Heater Sales Value by Country (%), 2024 VS 2031
5.6 Asia Pacific
5.6.1 Asia Pacific Electric Storage Heater Sales Value, 2020-2031
5.6.2 Asia Pacific Electric Storage Heater Sales Value by Region (%), 2024 VS 2031
5.7 South America
5.7.1 South America Electric Storage Heater Sales Value, 2020-2031
5.7.2 South America Electric Storage Heater Sales Value by Country (%), 2024 VS 2031
5.8 Middle East & Africa
5.8.1 Middle East & Africa Electric Storage Heater Sales Value, 2020-2031
5.8.2 Middle East & Africa Electric Storage Heater Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Electric Storage Heater Sales Value Growth Trends, 2020 VS 2024 VS 2031
6.2 Key Countries/Regions Electric Storage Heater Sales Value
6.2.1 Key Countries/Regions Electric Storage Heater Sales Value, 2020-2031
6.2.2 Key Countries/Regions Electric Storage Heater Sales Volume, 2020-2031
6.3 United States
6.3.1 United States Electric Storage Heater Sales Value, 2020-2031
6.3.2 United States Electric Storage Heater Sales Value by Type (%), 2024 VS 2031
6.3.3 United States Electric Storage Heater Sales Value by Application, 2024 VS 2031
6.4 Europe
6.4.1 Europe Electric Storage Heater Sales Value, 2020-2031
6.4.2 Europe Electric Storage Heater Sales Value by Type (%), 2024 VS 2031
6.4.3 Europe Electric Storage Heater Sales Value by Application, 2024 VS 2031
6.5 China
6.5.1 China Electric Storage Heater Sales Value, 2020-2031
6.5.2 China Electric Storage Heater Sales Value by Type (%), 2024 VS 2031
6.5.3 China Electric Storage Heater Sales Value by Application, 2024 VS 2031
6.6 Japan
6.6.1 Japan Electric Storage Heater Sales Value, 2020-2031
6.6.2 Japan Electric Storage Heater Sales Value by Type (%), 2024 VS 2031
6.6.3 Japan Electric Storage Heater Sales Value by Application, 2024 VS 2031
6.7 South Korea
6.7.1 South Korea Electric Storage Heater Sales Value, 2020-2031
6.7.2 South Korea Electric Storage Heater Sales Value by Type (%), 2024 VS 2031
6.7.3 South Korea Electric Storage Heater Sales Value by Application, 2024 VS 2031
6.8 Southeast Asia
6.8.1 Southeast Asia Electric Storage Heater Sales Value, 2020-2031
6.8.2 Southeast Asia Electric Storage Heater Sales Value by Type (%), 2024 VS 2031
6.8.3 Southeast Asia Electric Storage Heater Sales Value by Application, 2024 VS 2031
6.9 India
6.9.1 India Electric Storage Heater Sales Value, 2020-2031
6.9.2 India Electric Storage Heater Sales Value by Type (%), 2024 VS 2031
6.9.3 India Electric Storage Heater Sales Value by Application, 2024 VS 2031
7 Company Profiles
7.1 Dimplex
7.1.1 Dimplex Company Information
7.1.2 Dimplex Introduction and Business Overview
7.1.3 Dimplex Electric Storage Heater Sales, Revenue, Price and Gross Margin (2020-2025)
7.1.4 Dimplex Electric Storage Heater Product Offerings
7.1.5 Dimplex Recent Development
7.2 Elnur
7.2.1 Elnur Company Information
7.2.2 Elnur Introduction and Business Overview
7.2.3 Elnur Electric Storage Heater Sales, Revenue, Price and Gross Margin (2020-2025)
7.2.4 Elnur Electric Storage Heater Product Offerings
7.2.5 Elnur Recent Development
7.3 Stiebel Eltron
7.3.1 Stiebel Eltron Company Information
7.3.2 Stiebel Eltron Introduction and Business Overview
7.3.3 Stiebel Eltron Electric Storage Heater Sales, Revenue, Price and Gross Margin (2020-2025)
7.3.4 Stiebel Eltron Electric Storage Heater Product Offerings
7.3.5 Stiebel Eltron Recent Development
7.4 Creda
7.4.1 Creda Company Information
7.4.2 Creda Introduction and Business Overview
7.4.3 Creda Electric Storage Heater Sales, Revenue, Price and Gross Margin (2020-2025)
7.4.4 Creda Electric Storage Heater Product Offerings
7.4.5 Creda Recent Development
7.5 Sunhouse
7.5.1 Sunhouse Company Information
7.5.2 Sunhouse Introduction and Business Overview
7.5.3 Sunhouse Electric Storage Heater Sales, Revenue, Price and Gross Margin (2020-2025)
7.5.4 Sunhouse Electric Storage Heater Product Offerings
7.5.5 Sunhouse Recent Development
7.6 Liberty Electric Products
7.6.1 Liberty Electric Products Company Information
7.6.2 Liberty Electric Products Introduction and Business Overview
7.6.3 Liberty Electric Products Electric Storage Heater Sales, Revenue, Price and Gross Margin (2020-2025)
7.6.4 Liberty Electric Products Electric Storage Heater Product Offerings
7.6.5 Liberty Electric Products Recent Development
7.7 Electric Ireland
7.7.1 Electric Ireland Company Information
7.7.2 Electric Ireland Introduction and Business Overview
7.7.3 Electric Ireland Electric Storage Heater Sales, Revenue, Price and Gross Margin (2020-2025)
7.7.4 Electric Ireland Electric Storage Heater Product Offerings
7.7.5 Electric Ireland Recent Development
7.8 Thermotec
7.8.1 Thermotec Company Information
7.8.2 Thermotec Introduction and Business Overview
7.8.3 Thermotec Electric Storage Heater Sales, Revenue, Price and Gross Margin (2020-2025)
7.8.4 Thermotec Electric Storage Heater Product Offerings
7.8.5 Thermotec Recent Development
7.9 Heatstore
7.9.1 Heatstore Company Information
7.9.2 Heatstore Introduction and Business Overview
7.9.3 Heatstore Electric Storage Heater Sales, Revenue, Price and Gross Margin (2020-2025)
7.9.4 Heatstore Electric Storage Heater Product Offerings
7.9.5 Heatstore Recent Development
7.10 Technotherm
7.10.1 Technotherm Company Information
7.10.2 Technotherm Introduction and Business Overview
7.10.3 Technotherm Electric Storage Heater Sales, Revenue, Price and Gross Margin (2020-2025)
7.10.4 Technotherm Electric Storage Heater Product Offerings
7.10.5 Technotherm Recent Development
7.11 Jersey Electricity
7.11.1 Jersey Electricity Company Information
7.11.2 Jersey Electricity Introduction and Business Overview
7.11.3 Jersey Electricity Electric Storage Heater Sales, Revenue, Price and Gross Margin (2020-2025)
7.11.4 Jersey Electricity Electric Storage Heater Product Offerings
7.11.5 Jersey Electricity Recent Development
7.12 Alto Electrical
7.12.1 Alto Electrical Company Information
7.12.2 Alto Electrical Introduction and Business Overview
7.12.3 Alto Electrical Electric Storage Heater Sales, Revenue, Price and Gross Margin (2020-2025)
7.12.4 Alto Electrical Electric Storage Heater Product Offerings
7.12.5 Alto Electrical Recent Development
7.13 Vent-Axia
7.13.1 Vent-Axia Company Information
7.13.2 Vent-Axia Introduction and Business Overview
7.13.3 Vent-Axia Electric Storage Heater Sales, Revenue, Price and Gross Margin (2020-2025)
7.13.4 Vent-Axia Electric Storage Heater Product Offerings
7.13.5 Vent-Axia Recent Development
7.14 Newlec
7.14.1 Newlec Company Information
7.14.2 Newlec Introduction and Business Overview
7.14.3 Newlec Electric Storage Heater Sales, Revenue, Price and Gross Margin (2020-2025)
7.14.4 Newlec Electric Storage Heater Product Offerings
7.14.5 Newlec Recent Development
8 Industry Chain Analysis
8.1 Electric Storage Heater Industrial Chain
8.2 Electric Storage Heater Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Electric Storage Heater Sales Model
8.5.2 Sales Channel
8.5.3 Electric Storage Heater Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
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