A new industry report released by Fact.MR values the global tankless water heater market at US$ 4.9 billion for 2024. By the end of 2034, tankless water heater sales are expected to reach US$ 9.5 billion worldwide, growing at a CAGR of 4.9%.
The tankless water heater market has experienced remarkable growth over the past decade. This shift can be attributed to technological...