In a world where every drop counts, the demand for efficient water heating solutions is paramount.
Did you know that the Heat Pump Water Heater is anticipated to reach $10.7 billion by 2030, expanding at a CAGR of 11.2% over the period of the forecast, as reported by KBV Research?
This surge isn't just a mere statistic; it reflects a global shift towards sustainable and energy-efficient technologies. Let's delve into the dynamics of this market, exploring its growth factors, restraining factors, a