According to the report by Expert Market Research (EMR), the North America instant water heater market size reached a value of USD 684 million in 2022. Aided by the escalating demand for energy efficient water heaters and growth of real estate sector, the market is projected to further grow at a CAGR of 3.80% between 2023 and 2028 to reach a value of USD 849.77 million by 2028. Instant water heaters, also known as tankless or on-demand water heaters, provide hot water only when needed, leading to energy efficiency and cost savings. They…
North America Instant Water Heater Market Share, Size, Trends, Growth, Report, Forecast 2023-2028
