Water Heater Market Demand, Key Drivers and Future Outlook 2032

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2025-09-03 09:23:21 -

The global water heater market is set for steady growth over the coming years, supported by rising demand for energy-efficient and smart water heating solutions. According to industry estimates, the Water Heater Market size was valued at USD 30.65 billion in 2024 and is expected to reach USD 44.10 billion by 2032, expanding at a CAGR of 4.70% between 2025 and 2032. The U.S. Water Heater Market...

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