An electric water heater is an equipment that converts electricity into heat power by using heating elements, which increases the temperature of the water through the conduction process. It depends on a dip tube through which cold water is supplied to the water of the heater tank and then heated by electrical resistors. It is manufactured with stainless steel and possesses a glass-based coating, glass-based liner, or enamel that shields the interior surface. It is economical and easy to install as compared to gad-powered water heaters. In recent years, electric water heaters have gained momentum due to their extensive employment in bathroom showers, kitchen sinks, and other residential and commercial places across the globe.
One of the primary factors driving the market is the stoppage in the centrally supplied hot water. Additionally, the rising utilization of hot water in the residential sector for hygiene purposes is creating a positive market outlook. Other than this, the augmenting demand for premium homeware products among the masses is positively influencing the market growth. Besides this, the changing architectural designs of residential buildings and rapid urbanization are propelling the market growth. Furthermore, the rapid shift from traditional water heating equipment, such as burners and boilers, to electric water heaters is creating lucrative growth opportunities for the key players. Other than these factors, the rising awareness among the masses about the advantages of electric water heaters is strengthening the market growth. Apart from this, these electric water heaters are easily accessible through online and offline distribution channels. Moreover, governments of various nations are implementing stringent regulations toward highly efficient heating equipment, thus catalyzing the market growth. Moreover, there has been a growing demand for tankless water heaters as they are widely utilized in commercial areas such as hospitals and hotels. These factors are expected to create a positive market outlook in the coming years.
The report provides a techno-commercial roadmap for setting up an electric water heater manufacturing plant. The study covers all the requisite aspects that one needs to know while making a foray into the electric water heater industry. This ranges from macro overview of the market to micro details of the industry performance, key success and risk factors, manufacturing requirements, project cost, project economics, expected returns on investment, profit margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake in the electric water heater industry.
The project report covers the following aspects of the electric water heater market:
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1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Research Methodology
3 Executive Summary
3.1 Market Scenario
3.2 Raw Material Requirements
3.3 Income Projections
3.4 Expenditure Projections
3.5 Profit Analysis
4 Global Electric Water Heater Market
4.1 Market Overview
4.2 Historical and Current Market Performance
4.3 Market Breakup by Segment
4.4 Market Breakup by Region
4.5 Price Trends
4.5.1 Raw Material Price Trends
4.5.2 Electric Water Heater Price Trends
4.5.3 Product Margins
4.6 Market Forecast
5 Electric Water Heater Manufacturing Process
5.1 Product Overview
5.2 Detailed Process Flow
5.3 Various Types of Unit Operations Involved
5.4 Mass Balance and Raw Material Requirements
6 Project Details, Requirements and Costs Involved
6.1 Land, Location and Site Development
6.1.1 Overview of Land Location
6.1.2 Project Planning and Phasing of Development
6.1.3 Environmental Impacts
6.1.4 Land Requirement and Expenditure
6.2 Plant Layout
6.3 Plant Machinery
6.3.1 Machinery Requirements and Costs
6.3.2 Machinery Suppliers
6.3.3 Machinery Pictures
6.4 Raw Materials
6.4.1 Raw Material Requirements
6.4.2 Raw Material Procurement
6.4.3 Raw Material Expenditure
6.4.4 Raw Material Suppliers
6.4.5 Raw Material and Final Product Pictures
6.5 Packaging Requirements and Expenditures
6.6 Transportation Requirements and Expenditures
6.7 Utilities Requirements and Expenditures
6.8 Manpower Requirements and Expenditures
7 Loans and Financial Assistance
8 Project Economics
8.1 Capital Cost of the Project
8.2 Operating Expenses
8.3 Expenditure Projections
8.4 Income Projections
8.5 Product Pricing and Margins
8.6 Taxation
8.7 Depreciation
8.8 Financial Analysis
8.8.1 Liquidity Analysis
8.8.2 Profitability Analysis
8.8.2.1 Payback Period
8.8.2.2 Net Present Value
8.8.2.3 Internal Rate of Return
8.8.2.4 Profit and Loss Account
8.8.3 Uncertainty Analysis
8.8.4 Sensitivity Analysis
9 Regulatory Procedures and Approval
10 Key Success and Risk Factors
List of Figures
Figure 1: Global: Electric Water Heater Market: Major Drivers and Challenges
Figure 2: Global: Electric Water Heater Market: Value Trends (in Million US$), 2017-2022
Figure 3: Global: Electric Water Heater Market Forecast: Value Trends (in Million US$), 2023-2028
Figure 4: Global: Electric Water Heater Market: Breakup by Segment (in %), 2022
Figure 5: Global: Electric Water Heater Market: Breakup by Region (in %), 2022
Figure 6: Electric Water Heater Raw Materials: Price Trends, 2017 & 2022
Figure 7: Electric Water Heater Market: Price Trends, 2017 & 2022
Figure 8: Electric Water Heater Market: Margins Across Various Stages of the Supply Chain
Figure 9: Electric Water Heater Market Manufacturing Plant: Breakup of Operational Costs
Figure 10: Electric Water Heater Market Price Structure
Figure 11: Electric Water Heater Market: Manufacturing Process Flow
Figure 12: Electric Water Heater Market: Manufacturing Process: Conversion Rate of Feedstocks
Figure 13: Electric Water Heater Market Manufacturing Plant Layout
List of Tables
Table 1: Electric Water Heater Market Manufacturing Plant: Raw Material Requirements
Table 2: Electric Water Heater Market Manufacturing Plant: Project Planning
Table 3: Electric Water Heater Market Manufacturing Plant: Phasing of Development
Table 4: Electric Water Heater Market Manufacturing Plant: Environmental Impacts During Construction Phase
Table 5: Electric Water Heater Market Manufacturing Plant: Environmental Impacts During Operation Phase
Table 6: Electric Water Heater Market Manufacturing Plant: Costs Related to Land and Site Development (in US$)
Table 7: Electric Water Heater Market Manufacturing Plant: Costs Related to Machinery
Table 8: Electric Water Heater Market Manufacturing Plant: List of Machinery Suppliers
Table 9: Electric Water Heater Market Manufacturing Plant: Costs Related to Raw Materials
Table 10: Electric Water Heater Market Manufacturing Plant: List of Raw Material Suppliers
Table 11: Electric Water Heater Market Manufacturing Plant: Costs Related to Packaging
Table 12: Electric Water Heater Market Manufacturing Plant: Costs Related to Utilities
Table 13: Electric Water Heater Market Manufacturing Plant: Costs Related to Salaries and Wages
Table 14: Electric Water Heater Market Manufacturing Plant: Capital Costs
Table 15: Electric Water Heater Market Manufacturing Plant: Operating Costs
Table 16: Electric Water Heater Market Manufacturing Plant: Taxation
Table 17: Electric Water Heater Market Manufacturing Plant: Depreciation
Table 18: Electric Water Heater Market Manufacturing Plant: Income Projections
Table 19: Electric Water Heater Market Manufacturing Plant: Expenditure Projections
Table 20: Electric Water Heater Market Manufacturing Plant: Liquidity Analysis Without Considering the Income Tax Liability
Table 21: Electric Water Heater Market Manufacturing Plant: Liquidity Analysis on Considering the Income Tax Liability
Table 22: Electric Water Heater Market Manufacturing Plant: Profitability Analysis Without Considering the Income Tax Liability
Table 23: Electric Water Heater Market Manufacturing Plant: Profitability Analysis on Considering the Income Tax Liability
Table 24: Electric Water Heater Market Manufacturing Plant: Profit and Loss Account
Table 25: Electric Water Heater Market Manufacturing Plant: Discount Factor Rate
Table 26: Electric Water Heater Market Manufacturing Plant: Sensitivity Analysis
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