U.S. Storage Water Heater Market Set to Achieve over 2% CAGR Up to 2024
Storage water heater marke t, fostered by rapid technological advancement in water heater manufacturing, has been witnessing a remarkable growth rate lately. Primarily augmented by the growing demand for effective heating solutions, conventional storage water heaters, even today, remain the most popular type of water heating systems for homes and business as they demand fuel from easily available sources such as natural gas and fuel oil. Storage Water Heater Market is set to exceed USD 13 billion by 2024.
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