Tankless Water Heater Market is projected to have a considerable CAGR of 8.2% during the forecast period. The market is mainly driven by the growing demand for tankless water heater in various residential and commercial sectors due to various benefits over the storage-tank water heater. The tankless water heater 8%-34% more efficient than storage water […]
Tag Archives: Tankless Water Heater Market
The global tankless water heater market size was valued at $2.8 billion in 2018 and expanded at a CAGR of 7% during the forecast period. The heating component in a tankless water heater can be a gas-fired burner using natural gas or electric resistance heating coils. In electric tankless water heaters, the heating element converts […]
The global tankless water heater market is projected to grow at a significant CAGR of 8.2% during the forecast period (2020-2026). The tankless water heater has a significant application in the residential and commercial sectors that further contribute to the growth of the market. Extreme climatic conditions along with rising industrialization combinedly drive the demand […]
The global tankless water heater market is estimated to grow significantly during the forecast period. The high consumption of tankless water heaters in the commercial sector coupled with technological advancement in the industry such as the development of energy efficient water heaters in the country further acts as a catalyst in the tankless water heater […]