By 2024, United States Electric Water Heater Market to Reach USD 1 billion: By Key Vendors: Racold, Whirlpool, General Electric, Haier Electronics
The U.S. electric water heater market is predicted to see exponential gains over the forecast timeframe. Ongoing regulatory measures toward the installation of efficient heating appliances along with surging growth across service sector will positively influence the business outlook. Refurbishment and upgradation of existing systems along with extreme climatic conditions will stimulate the product demand.
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