Commercial Water Heater Market
The global commercial water heater market size is studied by type, storage capacity, rated capacity, and region. On the basis of type, the market is divided into electric, gas, oil, solar, hybrid, and others. The electric segment dominated the commercial water heater market share in 2022 owing to the higher operational efficiency offered by electric water heaters. Electric water heaters can effectively maintain their temperature and are easier to manage as compared to any other water heater, which fuels their demand across the hospitality sector. In addition, an electric water heater does not
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