Japan Electric Water Heater Market Size, Share, Trends and Forecast by Product Type, Capacity, Distribution Channel, End User, and Region, 2025-2033

Report Format: PDF+Excel | Report ID: SR112025A35725

Japan Electric Water Heater Market Overview:

The Japan electric water heater market size reached USD 1.36 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 2.65 Billion by 2033, exhibiting a growth rate (CAGR) of 6.90% during 2025-2033. The market is driven by technological innovations that enhance efficiency and user convenience, fueling consumer demand for advanced water heating systems. Furthermore, the shift towards more energy-efficient appliances is pushing the adoption of environmentally friendly options, particularly those with heat pump technology. These factors continue to align with government policies promoting sustainability, further augmenting the Japan electric water heater market share.

Report Attribute	Key Statistics
Base Year	2024
Forecast Years	2025-2033
Historical Years	2019-2024
Market Size in 2024	USD 1.36 Billion
Market Forecast in 2033	USD 2.65 Billion
Market Growth Rate 2025-2033	6.90%

Japan Electric Water Heater Market Trends:

Technological Advancements in Electric Water Heating Solutions

Technological innovations in electric water heating solutions are a key driver of the growth of the market. Advances in energy efficiency, installation ease, and control of the system have redefined customer preferences. Companies emphasize on the inclusion of smart technologies, providing customers with more control over their energy usage and water heating conditions. The innovations enhance the overall user experience and efficiency, maintaining even water temperature while reducing wastage of energy. These features increase the reliability and popularity of these systems, which meet the increasing demand for sustainable and affordable solutions. Additionally, the advancements in materials like heat pump technology that utilizes ambient air for heating has minimized operational expenses. On September 6, 2024, Mitsubishi Electric launched its Climaveneta EW-HT-G05 water-to-water heat pump for commercial and industrial applications. The heat pump, available in various sizes (73 kW to 129.3 kW), offers high-temperature water production of up to 78°C, with a coefficient of performance of up to 3.77. It is designed for applications such as IT cooling, district heating, and industrial process heat recovery, and can be combined with Mitsubishi's other heating and cooling solutions. Such technological advancements align with consumer expectations of sustainability, especially in markets where energy conservation is becoming a key factor in purchasing decisions. As the key players continues to innovate, these developments are expected to drive Japan electric water heater market growth, contributing to long-term sustainability in the sector.

Japan Electric Water Heater Market Size

Growing Consumer Demand for Energy-Efficient Appliances

The increasing preference for energy-efficient home appliances has been a significant driver for the market. Japanese consumers are increasingly inclined towards products that not only offer high performance but also help reduce energy consumption, in line with environmental concerns and rising utility costs. Water heating, being one of the largest contributors to household energy consumption, presents a considerable opportunity for innovation aimed at reducing electricity use. Electric water heaters, particularly those utilizing heat pump technology, have seen increasing adoption as they offer a greener alternative to traditional water heating methods. Notably, on April 18, 2025, it was announced that shipments of EcoCute CO2 heat pump water heaters surpassed 10 million units since their launch. First introduced by Corona Corporation in 2001, the EcoCute technology has been adopted by major Japanese manufacturers, including Daikin, Panasonic, and Mitsubishi Electric. The EcoCute system, part of Japan's CO2 reduction efforts under the Kyoto Protocol, significantly reduces energy demand for domestic hot water, which previously accounted for a large portion of energy consumption in Japan. Additionally, government incentives and energy regulations focused on reducing household carbon footprints have led consumers to seek solutions that promise energy efficiency without sacrificing functionality. These trends align with broader shifts in consumer behavior, where sustainability and lower energy bills are key drivers. As these factors continue to resonate with the Japanese population, demand for energy-efficient water heating products is expected to remain robust, further influencing the market dynamics.

Japan Electric Water Heater Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country and regional levels for 2025-2033. Our report has categorized the market based on product type, capacity, distribution channel, and end user.

Product Type Insights:

Tank
Tankless

The report has provided a detailed breakup and analysis of the market based on the product type. This includes tank and tankless.

Capacity Insights:

Less Than 100 Liters
100 to 400 Liters
More Than 400 Liters

The report has provided a detailed breakup and analysis of the market based on the capacity. This includes less than 100 liters, 100 to 400 liters, and more than 400 liters.

Distribution Channel Insights:

Online
Offline

The report has provided a detailed breakup and analysis of the market based on the distribution channel. This includes online and offline.

End User Insights:

Residential
Commercial
Industrial

The report has provided a detailed breakup and analysis of the market based on the end user. This includes residential, commercial, and industrial.

Regional Insights:

Kanto Region
Kansai/Kinki Region
Central/Chubu Region
Kyushu-Okinawa Region
Tohoku Region
Chugoku Region
Hokkaido Region

The report has also provided a comprehensive analysis of all major regional markets. This includes Kanto Region, Kansai/Kinki Region, Central/Chubu Region, Kyushu-Okinawa Region, Tohoku Region, Chugoku Region, and Hokkaido Region.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

Japan Electric Water Heater Market News:

On November 19, 2024, Rheem, a subsidiary of Paloma Group based in Nagoya, Japan, announced upgrades to its ProTerra® Hybrid Electric Heat Pump Water Heater, enhancing installation and service efficiency. The new design reduces installation time and includes features like quick-install connections, a duct-ready design, and smart tech integration with EcoNet® for energy savings. ProTerra is ENERGY STAR® certified and uses up to 75% less energy than standard electric water heaters, qualifying for tax credits and rebates.

Japan Electric Water Heater Market Report Coverage:

Report Features	Details
Base Year of the Analysis	2024
Historical Period	2019-2024
Forecast Period	2025-2033
Units	Billion USD
Scope of the Report	Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment: Product Type Capacity Distribution Channel End User Region
Product Types Covered	Tank, Tankless
Capacities Covered	Less Than 100 Liters, 100 to 400 Liters, More Than 400 Liters
Distribution Channels Covered	Online, Offline
End Users Covered	Residential, Commercial, Industrial
Regions Covered	Kanto Region, Kansai/Kinki Region, Central/Chubu Region, Kyushu-Okinawa Region, Tohoku Region, Chugoku Region, Hokkaido Region
Customization Scope	10% Free Customization
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report:

How has the Japan electric water heater market performed so far and how will it perform in the coming years?
What is the breakup of the Japan electric water heater market on the basis of product type?
What is the breakup of the Japan electric water heater market on the basis of capacity?
What is the breakup of the Japan electric water heater market on the basis of distribution channel?
What is the breakup of the Japan electric water heater market on the basis of end user?
What is the breakup of the Japan electric water heater market on the basis of region?
What are the various stages in the value chain of the Japan electric water heater market?
What are the key driving factors and challenges in the Japan electric water heater market?
What is the structure of the Japan electric water heater market and who are the key players?
What is the degree of competition in the Japan electric water heater market?

Key Benefits for Stakeholders:

IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the Japan electric water heater market from 2019-2033.
The research report provides the latest information on the market drivers, challenges, and opportunities in the Japan electric water heater market.
Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the Japan electric water heater industry and its attractiveness.
Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.

Need more help?

Speak to our experienced analysts for insights on the current market scenarios.
Include additional segments and countries to customize the report as per your requirement.
Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
For further assistance, please connect with our analysts.

Purchase Options Discount
Offer

Inquire Before Buying

Speak to an Analyst

Request Brochure

Request Customization

Benefits of Customization

Personalize this research
Triangulate with your data
Get data as per your format and definition
Gain a deeper dive into a specific application, geography, customer, or competitor
Any level of personalization

Get in Touch With Us

UNITED STATES

Phone: +1-631-791-1145

INDIA

Phone: +91-120-433-0800

UNITED KINGDOM

Phone: +44-753-714-6104

Email: sales@imarcgroup.com

Client Testimonials

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

IMARC did an outstanding job in preparing our study. They were punctual and precise, delivering all the data we required in a clear and well-organized format. Their attention to detail and ability to meet deadlines was impressive, making them a reliable partner for our project.

I wanted to express my sincere appreciation for your efforts in handling this matter. Your dedication and commitment have truly been commendable. It is evident that you have put in a tremendous amount of hard work and expertise into resolving the issues at hand. I would also like to take this opportunity to inform you that we are greatly interested

Overall, the deliverable was well organized and my experience with the project team was good. In particular, I appreciated how they responded when I requested additional information and the Japanese version.

The IMARC team were extremely professional and very cooperative. The team were also extremely flexible in making changes and modifications wherever required. The entire experience right from project kick-off to after sales support was fruitful and smooth.

I’d like to express my gratitude for the work you accomplished with the industry report. The way you responded to the requirements and delivered under tight timelines shows your expertise, exceptional work ethic and commitment to your customer’s success. The entire team and company are incredibly thankful for your dedication. Once again, thank you

The market reports from IMARC have been instrumental in guiding our business strategies. We found the reports comprehensive and data-driven, which helped us make informed decisions. The detailed insights and actionable data have consistently provided us with a competitive edge in a rapidly changing alcohol market.

One of the best things about IMARC is their flexibility and predisposition to tailor the reports and adapt to our needs. They are not just great in their researching and consulting solutions, but their service is unparallelled. We’ve worked with them a couple of times and we will keep working with them in future projects.

We recently commissioned multiple market research reports from IMARC, and the insights we received were invaluable. The depth of analysis, accuracy of data, and actionable recommendations have greatly enhanced our strategic decision-making.

The market estimates provided by your team were pretty much in line with what we were theorizing internally. Really appreciate the work on this.

The sale account manager and the service was excellent. The data and market trends gathered from the report was insightful and really assisted while planning future product and growth strategies.

The report is excellent and has good amount of data and our team is extremely happy with the information provided.

Thank you very much for your cooperation and post purchase support. We were really happy with the final deliverable, and the takeaways from the report.

Japan Electric Water Heater Market