North America and Europe Prioritize Energy Efficiency Standards to Boost Sustainable Water Heater Adoption
The global water heater market, valued at USD 30.85 billion in 2024, is projected to grow at a CAGR of 4.7% from 2025 to 2034. This growth trajectory is influenced by various factors, including technological advancements, shifting consumer preferences, and evolving regulatory landscapes. A deeper analysis of market segments reveals nuanced insights into the dynamics driving this expansion. By...
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