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Global tankless water heater market is expected to grow at a CAGR of 5.0% according to new research report

Industrial Market Research

The Tankless water heater does not generate standby energy loss as compared to conventional storage water heaters which make the product energy efficient and cost-effective and this factor attract the customer towards Tankless Water Heater.


Global Tankless Water Heater Market

According to Goldstein Research, tankless water heater does not generate standby energy loss as compared to conventional storage water heaters which makes the product energy efficient and cost-effective. This is the major factor boosting the sales of tankless water heater all across the globe.

Global Tankless Water Heater Market Outlook also includes product development, technological advancements and investment strategies adopted by major market players in order to expand their business across the globe. Key market players are investing in developing innovative products which is likely to increase the market competitiveness and eventually will boost the demand for tankless water heater.