Water Heater Market size was valued at US$ 30.76 Bn. in 2022 and the total revenue is expected to grow at a CAGR of 4% through 2023 to 2029, reaching nearly US$ 40.48 Bn.
The primary driver of this increase is the rising demand for water heaters in the commercial and residential sectors. This demand is being driven by elements like consumers' rising disposable income and increasingly...
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