Tankless Water Heater Market Set to Grow at 4.9% CAGR, Hitting $9.5 Billion by 2034 A new industry report released by Fact.MR values the worldwide tankless water heater market at US$ 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%.As technology advances and customer demands for more space- and energy-efficient solutions rise, tankless water heaters are becoming a more desirable...
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