This Persistence Market Research report examines the global tankless water heater market for the forecast period 2016–2024. The primary objective of the report is to identify opportunities in the market and present updates and insights pertaining to various segments of the global tankless water heater market.
According to the latest market report published by Persistence Market Research, titled “Global Market Study on Water Heater Market: Increased Product Visibility Has Resulted in Increasing Demand for Energy-efficient Water Heaters in the Recent Past,” the water heater market is estimated to be valued at US$ 39.5 Bn by the end of 2015 and is anticipated to expand at a CAGR of 4.9% from 2015 to 2021. Also, in terms of volume, around 68.8 Mn water heater units are expected to be installed by ... Read more
Water heating is considered as the top energy expense in the home. However, homeowners are looking for better water heaters to reduce their monthly bill. This is leading the manufacturers to develop innovative products that consume less energy. With consumers moving towards adopting tankless and high-efficiency water heater technology, the manufacturers of water heaters are focusing on redesigning their products to maintain their position in the global ... Read more
