Vaillant, Viessmann Profiled in Electric Water Heater Market by Key Vendors: Haier, Jaquar, Hubbell, Ariston Thermo, Kanch Water Heaters, Whirlpool
The U.S. electric water heater market is set to surpass USD 1 billion by 2024. 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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