Global Electrical Water Heater Market � Industry Trends and Forecast to 2029

Foodbeverages098801 Sep, 2022Other

The electrical water heater market is expected to be growing at a growth rate of 6.10% in the forecast period of 2022 to 2029 and would likely to reach an estimated value of 41.32 billion in 2029. Data Bridge Market Research analyses the factors responsible for fostering the growth of Electrical water heater market. Rapid urbanisation, an increase in disposable income and an increase in customer demand for premium and luxury electrical water heater are the key driving forces for the global market.

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