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    Home > Chemicals Industry > China Chemical > One article to understand the current situation of China's electric heater industry market in 2020

    One article to understand the current situation of China's electric heater industry market in 2020

    • Last Update: 2021-06-09
    • Source: Internet
    • Author: User
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    Chemical machinery and equipment network market analysis chemical machinery and equipment
    Overview of China's electric heater industry
     
    Chinese electric heater Industry Overview heater
    With the further maturity of China's socialist market economy, China's electric heater industry has also made great progress, especially the technical level of large-scale electric heater production backbone enterprises has been significantly improved.
    From the perspective of the number of electric heater companies, in recent years, under China's overall coal-to-electricity and clean heating policy, the overall demand for electric heater products has expanded, and the electric heater industry can be applied to many fields.

     

    With the further maturity of China's socialist market economy, China's electric heater industry has also made great progress, especially the technical level of large-scale electric heater production backbone enterprises has been significantly improved.
    At the same time, with a series of favorable environmental protection policies in my country, people have paid more attention to the application of electric heaters.
    In the future, the number of electric heater-related companies in China will further increase, and the overall supply capacity of the industry will further expand, further intensifying market competition in the domestic electric heater industry.

     

    1.
    Multiple factors drive the rapid development of the electric heater industry
     
    1.
    Multiple factors drive the rapid development of the electric heater industry
    Since the reform and opening up, China's national economy has developed rapidly, and the electric heater industry has a greater correlation with the national economy.
    The steady development of China's macro economy has promoted the demand for China's electric heater industry.
    Secondly, energy saving and emission reduction has become a global common concept.
    Compared with traditional combustion heating, electric heaters have the advantages of less pollution and high thermal efficiency, which meets the requirements of current energy saving and emission reduction policies.

    At the same time, product technical improvements and innovations have also played a role in boosting the development of the electric heater industry, expanding the application industry and application fields of electric heaters, and accelerating the growth of the electric heater market.
    In addition, other various factors also promote the continuous development of the electric heater industry.

    Since 2017, due to the upsurge in the home appliance industry and the support of environmental protection policies, the sales of electric heaters have increased by approximately 28% year-on-year.
    China's home appliance industry continues to innovate under the wave of intelligence.
    The fastest-growing categories in the home appliance industry, such as built-in ovens, dishwashers, steamers and dryers, have freed their hands and met the real needs of consumers.
    Sales of electric heaters exceeded 200 million units in 2018, and reached an all-time high of 220 million units in 2019.
    On the whole, China's electric heater related technologies, standards and applications are gradually still in the development stage.
    There is still room for development of clean energy technologies, and the industry system is in the process of perfecting.
    According to the data provided by Statista, the overall market size of China's electric heater industry has shown an upward trend year by year.
    In 2019, the market size of the electric heater industry reached 10.
    8 billion yuan, a year-on-year increase of about 10%.
    2.
    The fierce competition in China's electric heater industry presents a competitive landscape with more than one superpower
     
    2.
    The fierce competition in China's electric heater industry presents a competitive landscape with more than one superpower
      The market concentration of China's electric heating industry is relatively low.
    In 2019, the sales of the top five manufacturers in the electric heater industry accounted for only 37.
    50%.
    At the same time, China's electric heater industry market presents a strong competition situation.
    Electric heating companies represented by Dongfang Electric Technology Co.
    , Ltd.
    occupy a large share of the industry, and most of the rest are small and medium-sized electric heater companies that have not yet been listed.
    .  
    Top companies
      China’s electric heater industry is a fully competitive industry, with many companies in the industry and fierce competition.
    With the further development of the industry’s dominant companies and the continuous enhancement of brand strength, it is inevitable that the market share will concentrate on the dominant companies.
    The future of the electric heater industry It will also form a stable competitive landscape like air conditioners, refrigerators and other related industries.
      3.
    Intensify energy saving and emission reduction efforts to accelerate the substitution effect of electric heaters
     
    3.
    Intensify energy saving and emission reduction efforts to accelerate the substitution effect of electric heaters
      In my country, energy saving and emission reduction in the industrial field is a long-term trend.
    Electric heating has a wide range of applications due to its outstanding advantages such as low pollution, high thermal efficiency, safety, and easy control, and will gradually replace traditional combustion heating.
    At the same time, in the civil field, China is in the process of urbanization.
    With the rise of the third and fourth tier markets represented by rural areas, the domestic market's demand for electric heaters still has a lot of room for growth in the future.  

      Looking ahead, combined with historical data and development status of the industry, it is estimated that the market size of China's electric heater industry will rise from 11.
    7 billion yuan to about 18 billion yuan in 2020-2025.
    With the continuous acceleration of the domestic industrialization process, coupled with the country's continuous promotion of the implementation of energy saving and emission reduction policies, the electric heater market with characteristics of safety, low energy consumption, and environmental protection has shown a good momentum of development, and its market scale has continued to grow.
    expand.  

      Driven by favorable national policies and huge market demand, the electric heater market will have more room for improvement in the future.
    At the same time, more and more companies have joined the electric heater market, and market competition has become increasingly fierce.

      For the above data and analysis, please refer to the "Analysis Report on the Development Prospects and Transformation and Upgrading of China's Electric Heater Industry" by the Qianzhan Industry Research Institute.
    At the same time, the Qianzhan Industry Research Institute provides industrial big data, industrial planning, industrial declaration, industrial park planning, industrial investment promotion, IPO fundraising feasibility study, prospectus writing and other solutions.  

      Original title: An article to understand the current market situation, enterprise market share and development prospects of China's electric heater industry in 2020
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