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  Water Heater Market – Overview The global water heater market is anticipated to witness massive growth during the forecast period (2021 to 2031). The global water heater market is projected to expand as a result of rising demand and widespread home applications such as hot water for cooking, bathing, and cleaning. The market is expected to benefit from increased demand for energy-efficient systems and geysers and favorable carbon emissions regulations. Moreover, rapid urbanization is likely to contribute to the growth of the water heater market during the forecast period. As per the World Economic Forum (WEF) (2020), urban populations constituted the largest percentage in Northern American countries, with 83.6% of people living in cities and 56.2% of the global population living in cities. The expansion in the urban population, combined with rising disposable incomes and affordability among urban people, is projected to fuel the water heater market. Custom Market Research Servic...