World - Electric Space Heating Apparatus And Soil Heating Apparatus - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Mar 16, 2024

World - Electric Space Heating Apparatus And Soil Heating Apparatus - Market Analysis, Forecast, Size, Trends and Insights

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Electric Heating Equipment Market

Electric heating equipment market: enjoy the latest information secured by an Ai-driven market research platform. Statistics contain consumption, production, imports, exports, companies, trade, market prices, and market size. Here is a split by country, including Africa, the U.S., Latin America, Russia, EU, the U.K., the Middle East, and China. Market dynamics and forecast to 2030 are also featured in the snapshots.


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Electric Heating Equipment - World's Largest Markets

RatingCountry
1China
2Russia
3Mexico
4Japan
5United States

In value terms, China, Russia and Mexico appeared to be the countries with the highest levels of market value in 2020, together comprising 30% of the global market. These countries were followed by Japan, the United States, India, the Philippines, France, Canada, the UK, Germany, South Korea and Turkey, which together accounted for a further 34%.

Among the main consuming countries, Canada saw the highest growth rate of market size, over the period under review, while electric heating equipment market for the other global leaders experienced more modest paces of growth.

Electric Heating Equipment Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per unit
China1819181.0%
Canada2425252.7%
Turkey373734-4.0%
Germany544640-13.5%
Netherlands3540428.8%
Malaysia47667828.0%
Average2526263.1%

Prices varied noticeably by the country of origin; the country with the highest price was Malaysia ($78 per unit), while China ($18 per unit) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Malaysia, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per unit
Japan4245475.7%
France464844-2.2%
Canada414435-7.6%
Netherlands26303210.4%
United Kingdom2022249.8%
Italy15172017.7%
Germany222320-4.7%
Russia12142031.0%
Spain161716-0.5%
United States211414-18.6%
Iraq141211-11.0%
Thailand141410-14.5%
Kazakhstan4.64.24.2-4.1%
Average232222-3.4%

Prices varied noticeably by the country of destination; the country with the highest price was Japan ($47 per unit), while Kazakhstan ($4.2 per unit) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Russia, while the other global leaders experienced more modest paces of growth.

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Electric Heating Equipment - Top Importers

COUNTRY201820192020CAGR,
2018-2020
billion USD
United States0.80.70.6-11.1%
Japan0.30.40.3-8.6%
France0.30.30.3-5.3%
Germany0.20.20.27.6%
United Kingdom0.20.20.2-11.5%

In value terms, the United States ($635M) constitutes the largest market for imported electric space heating apparatus and soil heating apparatus worldwide, comprising 19% of global imports. The second position in the ranking was occupied by Japan ($277M), with a 8.1% share of global imports. It was followed by France, with a 7.7% share.

From 2018 to 2020, the average annual growth rate of value in the United States totaled -11.1%. The remaining importing countries recorded the following average annual rates of imports growth: Japan (-8.6% per year) and France (-5.3% per year).

Electric Heating Equipment - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
billion USD
China1.81.81.90.5%
Germany0.20.20.323.1%
Malaysia0.20.20.25.4%
Netherlands0.020.050.1151.4%
Turkey0.070.080.076.9%

In value terms, China ($1.9B) remains the largest electric heating equipment supplier worldwide, comprising 52% of global exports. The second position in the ranking was occupied by Germany ($280M), with a 7.8% share of global exports. It was followed by Malaysia, with a 6.2% share.

From 2018 to 2020, the average annual rate of growth in terms of value in China was relatively modest. The remaining exporting countries recorded the following average annual rates of exports growth: Germany (+23.1% per year) and Malaysia (+5.4% per year).

Electric Heating Equipment - Market Forecast

Driven by increasing demand for electric heating equipment worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Electric Heating Equipment - Top Companies

BSH Hausgeräte GmbH, DYSON EXCHANGE LIMITED, Conair Corporation, BSH ELECTRODOMESTICOS ESPAÑA SA, LG ELEKTRONIKS RUS, OOO, GORENJE, d.d., Broan-Nutone Canada ULC, BSH SPRZET GOSPODARSTWA DOMOWEGO SP Z O O, Venmar Ventilation ULC, The Kitchen Collection LLC, ELECTROLUX POLAND SP Z O O, Electrolux Lehel Hütögépgyár Korlátolt Felelösségü Társaság, WHIRLPOOL COMPANY POLSKA SP Z O O, Glengarry Industries Ltd, FISHER & PAYKEL APPLIANCES LIMITED, SPA CONDOR ELECTRONICS, Hamilton Beach Brands Holding Company, Ecovacs Robotics Co., Ltd., SAMSUNG ELECTRONICS POLAND MANUFACTURING SP Z O O, Vorwerk Elektrowerke GmbH & Co. KG

Electric Heating Equipment - Product Coverage

  • HS 851621 - Heating apparatus; electric storage heating radiators
  • HS 851629 - Heating apparatus; electric soil heating apparatus and space heating apparatus (excluding storage heating radiators)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global electric heating equipment market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 27512630 - Electric storage heating radiators
  • Prodcom 27512650 - Electric radiators, convection heaters and heaters or fires with built-in fans
  • Prodcom 27512690 - Other electric space heaters

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam
  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023
  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023
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