As of 2023, the sold production of electric water heaters and immersion heaters in France stood at approximately 199.85 million euros. The forecast for the period from 2024 to 2028 indicates a gradual decline, with values decreasing from 197.78 million euros in 2024 to 190.01 million euros in 2028. This demonstrates a year-on-year decline of approximately 1% to 1.5%. The compound annual growth rate (CAGR) over these five years is negative, highlighting a shrinking market.

Future trends to watch for:

Emergence of energy-efficient or smart heater technologies could disrupt the market.
Regulatory changes targeting environmental impact may drive innovation.
Consumer preferences shifting towards sustainable solutions might impact demand.