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2025-04-27 05:59:21 -

Water Heater Market: Global Growth & Innovation Trends (2024-2032)

Market Overview The global water heater market is projected to grow from 32.5billionin2023to32.5billionin2023to52.8 billion by 2032, at a 5.8% CAGR, driven by urbanization, energy efficiency demands, and smart home adoption. The market serves 4.5+ billion households and commercial establishments worldwide, with technological advancements reshaping consumer...

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