Mapping the Future of Water Heater Market Growth Projections and Competitive Analysis
Introduction:
The size of the water heaters market was estimated at USD 27.9 billion in 2022.
The industry is expected to increase at a compound annual growth rate (CAGR) of 4.80% between 2023 and 2032, from USD 29.2 billion in 2023 to USD 42.54 billion by 2032.
The market for devices used to heat water for domestic and commercial purposes, experiencing growth due to urbanization,...
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