The global Electric Water Heaters market was valued at US$ 7907.6 million in 2024 and is projected to reach US$ 11170 million by 2030, at a CAGR of 5.2% during the forecast period.
Electric water heaters are devices that use electrical energy to heat water for residential, commercial, or industrial use. They consist of a tank where water is stored and heated or, in the case of tankless...
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