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Electric Wall Heaters Market Volume Analysis, Segments, Value Share and Key Trends 2021 -2031

05-05-2021 12:56 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Fact.MR

The spread of Covid-19 crisis disrupted the demand for electric wall heaters in the initial phase of 2020 creating potential losses for the key players. The pandemic disturbed the financial position of various manufacturing companies in this market. But the beginning of 2021 is bringing progress as the players have become more active and are smartly operating through e-commerce to ensure continuous supply of products and services to their users irrrespective of distance barriers.

Recognized companies such as Marley Engineered Products Incorporation, Stiebel Eltron Incorporation, Markel Products Company, Trane Corporation, Broan Incorporation, King Electric Corporation, Indeeco Limited, Reddy Heater Corporation, WarmlyYours Corporation and Glen Dimplex are giving major attention to key strategies involving joint ventures, collaborations, partnership agreements, technological advancements, sales agreements, product approvals, research and developments, diversifications, geographical expansions, digital marketing, strategic alliances, mergers and acquisitions, innovative launches, product portfolio expansions, hiring technical expertize etc in order to remain competitive in the cut-throat competition.

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https://www.factmr.com/report/737/electric-wall-heaters-market

For instance, King Electric Corporation launched EFW Large 240V Wall Heater with model number EFW2440 - MW- W in 2019. It is designed to keep the cold air out and make large spaces up to 400 square feet sufficiently warm , providing up to 185 CFMs of hot air. With multi wattage design the user can select the preffered wattage output. It comes with a cast aluminium motor, 20 gauge powder coated grill and a strong 5 blade aluminium fan. It is equipped with the smart limit protection shutting down the heater in the event of overheating. As it is designed to be hardwired into the wall, this electric wall heater needs a dedicated built-in or wall-mounted thermostat and features dual rated volts of about 240/208. This multi-watt wall heater’s functionality depends upon room heating requirements. The built-in safety features automatically disconnects the heating elements and motor when unusually high temperatures are detected. The internal NiChrome open-coil element is effective for pushing warm air throughout the room with the preferred wattage of user choice providing value and durability for long-term use. The introduction has made a significant addition to the product range of King Electric’s electric wall heaters by generating higher sales for the company.

In addition to that, Broan Corporation introduced a highly advanced electric wall heater in December 2020 called ‘ Broan 198 Fan-Forced High Capacity Wall Heater’. This wall heater is perfect for bathrooms, entryways or other small areas. It has features including steel- sheathered, plate fined, heavy duty enclosed heating element providing heat quickly and quietly. It includes adjustable, built in heavy duty disc type thermostat, thermostat security cover and optional wall mount thermostat with 100 % efficient heating element. It includes white baked enamel grille blends with virtually any décor and keeps its appearance after years of use even in high traffic areas. The company has continued to innovate in this market and is launching new models in 2021 to grab major share in this market.

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Electric wall heaters are gaining immense prominence in the domestic bracket owing to their lower cost unlike their counterparts, including electric hydronic baseboard heaters, which require ducting for HVAC (Heating, Ventilation and Cooling). These heaters are completely self-contained; cold air is pulled in through the front, and hot air is blown out, eliminating the need to break into walls and ceilings for ducting.

Electric wall heaters are less space-intensive, making them highly suitable for compact areas, such as bathrooms, kitchens, and others. With the built-in thermostat feature, users can regulate the exact amount of electricity input and heat output for bespoke convenience. In addition, manufacturers are including automatic shut-off to complement the anti-overheating aspect of built-in thermostats. The energy-saving feature of electric wall heaters allow home owners to adjust the wattage to determine the amount of heat produced, thereby saving electricity by adding a versatile heating option.

Installation of electric wall heaters is a straightforward process, enabling DIY-ers (Do it yourself) to install the heaters without the need of technician. The discrete appearance of electric wall heaters revamp the appearance of home’s interior décor after having mounted on the wall. With the disruption of internet of technology (IoT), home owners can create weekly heating schedules and turn off LCD screen from any corner of the home within a few taps on their smart gadgets.

Superiority in terms of energy efficiency, cost, technology, legislation and ecological awareness, electric wall heaters are being highly sought after over gas-based central heating systems. Innovations in electric heating hold potential to assist consumers to easily meet evolving energy efficiency standards. Electric wall heaters can especially come in handy to private property owners or landlords to save significant operational costs as compared to other heating systems. Amid increasing numbers of discriminating consumers, manufacturers in the electric wall heaters market are consistently introducing energy standards and quality certified electric wall heaters to stay ahead of consumers demand.

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In a bid to fit in the modern infrastructure, manufacturers have added design as well as technological developments in electric wall heaters. Connectivity features such as Wi-Fi controlled options added in advanced electric wall heater models are aimed at providing homeowners with convenience and central control of electric wall heaters and other appliances. In addition, manufacturers have also introduced foldable and portable electric wall heaters that deliver versatility for different occasions. As the energy efficiency standards get more stringent, demand for electric wall heaters is likely to witness a considerable demand in the near future, thereby driving the growth of the electric wall heaters market.

Energy and Operational Efficiency of Modern Electric Wall Heaters to Drive Adoption

The global electric wall heaters market is projected to grow steadily under the influence of increased adoption of energy efficient residential as well as industrial appliances. As electrical heating systems are more efficient than conventional plumbed heating, demand for electric wall heaters is persistently rising. In addition, 100% efficiency in terms of energy conversion leaves behind zero energy wastage, making electric wall heaters more suitable for modern sustainable construction projects.

Energy Efficiency: A Prime Factor Fuelling the Demand

Manufacturers are introducing energy efficient electric wall heaters that accommodate consumers’ budget restraints by power cost savings. With the implementation of advanced technology, manufacturers are introducing products that use less energy while delivering better heating experience. With the implementation of smart sensors, the power supply is auto adjusted that complements room temperature as well as power input. Additionally, modern electric wall heaters can be powered by solar panels or other renewable energy resources. Based on this, energy efficiency is one of the prime factor influencing expansion of the global electric wall heaters market.

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Operational Comfort to Gain Consumer Traction

While the older design fans were with a base noise, due to implementation of new motor designs, modern electric wall heaters are quieter. Smart thermostats automatically adjust the fan speed while eliminating broad temperature swings. Along with the popular digital screen display and remote control options, modern electric wall heaters are provided with tamperproof settings to set maximum and minimum temperatures. In addition, pre-set mode allows pre-programmed setting of night or day temperatures in prior, particularly for cases such as away from the room or house. A combination of efficiency and ease of operation delivers more comfortable experience to consumers. Thus, growth of the global electric wall heaters market is largely driven by operational efficiency feedback of particular products.

Advances in Design Complements Modern Infrastructure

To align their products to developing modern infrastructure, manufacturers of electric wall heaters have introduced variety of design modifications that are suitable for different construction outlooks such as homes, schools, stores, offices, hospitals, dormitories, and public places such as transportation terminals. Starting from a robust to attractive design, manufacturers are also providing customized solutions that suit different consumer specifications. Along with improved attractive external outlook, internal technologies have also been modified to enhance heating efficiency.

Based on power rating, electric wall heaters are broadly available as 1500 watt. These different electric wall heaters are used according to end-user application as well as size of the room or space. While wall-mounted electrical wall heaters are considered more sophisticated, with the evolving consumer demand manufacturers have introduced portable electric wall heaters, particularly for smaller spaces such as bathrooms.

With the gradually rising adoption, these electrical appliances are available through different sales channels including e-commerce, electrical specialist retailers, and modern trade.

Easier and Affordable Installation: An Add-On Benefit

Advances in design and technology have made the modern electric wall heaters more compact and efficient. As a result of which, the wall heaters are compact and completely factory wired with the electric heating unit that requires only single source power supply connection. These advances have led to easier installation with reduced time as well as cost consumption. This further assists in case of repair and maintenance with easy access to the control components.

Key Company Developments in the Global Electric Wall Heaters Market

The Stiebel Eltron Group, a Germany-based leader of heating product manufacture including electric wall heaters has recently acquired Danfoss Värmepumpar AB (Thermia), a leading heat pump supplier. Thermia’s strong position in global market will assist Stiebel to expand its business.
Last year Broan-Nutone, a leader in heater and ventilator manufacturing, moved work from Toronto, Canada to Hartford to enhance its existing warehouse capacity by two fold. With the implementation of automation technology, the production efficiency at Hartford facility was projected to increase after this transfer.
Key Companies in the global electric wall heaters market are Cadet, Williams, King Electric, Stiebel Eltron, Fahrenheat, Dyna-Glo, Broan, FLAMELUX, WarmlyYours, Reddy Heater, ProCom, and Eco-Heater among others.

This analytical research study imparts an all-inclusive assessment on the market, while propounding historical intelligence, actionable insights, and industry-validated & statistically-upheld market forecast. Verified and suitable set of assumptions and methodology has been leveraged for developing this comprehensive study. Information and analysis on key market segments incorporated in the report has been delivered in weighted chapters. A thorough analysis has been offered by the report on

Market Dynamics
Market Size
Market Segments
Demand & Supply Trends
Current Issues and Challenges
Companies and Competitor Landscape
Value Chain
Technology
Regional Segments Analyzed Include

North America (U.S., Canada)
Latin America (Mexico. Brazil)
Western Europe (Germany, Italy, France, U.K, Spain)
Eastern Europe (Poland, Russia)
Asia Pacific (China, India, ASEAN, Australia & New Zealand)
Japan
Middle East and Africa (GCC, S. Africa, N. Africa)
Compilation of authentic and first-hand intelligence, insights offered in the report are based on quantitative and qualitative assessment by leading industry experts, and inputs from opinion leaders & industry participants around the value chain. Growth determinants, macroeconomic indicators, and parent market trends have been scrutinized and delivered, coupled with the market attractiveness for each market segment encompassed. Qualitative impact of growth influencers on the market segments across regions has also been mapped by the report.

Highlights from the Report

Elaborated scenario of the parent market
Transformations in the market dynamics
Detailed segmentation of the target market
Historical, current and forecast market size based on value and volume
Latest industry developments and trends
Competition landscape
Strategies adopted by the market players and product developments made
Potential and niche segments, along with their regional analysis
Unbiased analysis on performance of the market
Up-to-date and must-have intelligence for the market players to enhance and sustain their competitiveness

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Research Insight:https://www.factmr.com/report/737/electric-wall-heaters-market

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