Maria John01 Dec, 2023Technology
The residential water heater market continues to evolve with a growing emphasis on energy efficiency, smart technology integration, and sustainability. Consumers seek more eco-friendly and cost-effective options, driving innovation in tankless, solar-powered, and heat pump water heaters. Additionally, advancements in IoT technology enable remote monitoring and control, enhancing convenience and energy conservation. Manufacturers are focusing on designing compact, high-efficiency models that cater to diverse consumer needs, contributing to the steady expansion of the residential water heater market globally.
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