Electric Wall Heater Market

The electric wall heater is a type of electric heater, which is installed on interior walls across both residential and commercial applications. For residential application, electric wall heaters are great for dens, basements and bedrooms, while they are ideal for larger areas in commercial applications, such as hotels, restaurants, and commercial office atriums. However, electric wall heaters come with various power capacity ranges of <1,000, 1000 to 1600, 1600 to 2000, and >2500 watts.

The global electric wall heater market is estimated to register a 5.66% CAGR during the forecast period, 2019–2025, In the year 2018, the market was led by North America with a 41.01% share, followed by Europe and Asia-Pacific with shares of 35.30% and 18.56%, respectively.

The global electric wall heater market has been segmented based on application, power, and region. On the basis of application, the residential segment held the larger market share of 69.56% in 2018 and was valued at USD 2,175.49 million; it is projected to exhibit at a CAGR of 5.04% during the forecast period. On the basis of power, the 1000 to 1600 Watt segment held the largest market share of 39.31% in 2018 and was valued at USD 1,229.39 million; it is projected to exhibit the highest CAGR of 7.25% during the forecast period.