Instant Water Heater Market Size, Share & Trends Analysis Report By Type (Gas Instant Water Heaters, Electric Instant Water Heaters), By Application (Commercial, Residential, Industrial), By Distribution Channel (Supermarkets/Hypermarkets, Specialty Stores, Convenience Stores, Online Stores) and By Region(North America, Europe, APAC, Middle East and Africa, LATAM) Forecasts, 2022-2030
The tankless water heater market size was valued at USD 3.58 billion in 2021, it is estimated to reach USD 6.84 billion by 2030 and expand at a CAGR of 7.45% over the forecast period.
Tankless water heaters are an excellently cost-efficient alternat
The global water heater market was valued at USD 29.43 billion in 2023. It is expected to reach USD 44.11 billion in 2032, growing at a CAGR of 4.6% over the forecast period (2024-2032). Innovations in water heater technology, such as heat pump water
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