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Middle East Water Heater Market Size

  • Report ID: GMI2483
  • Published Date: Oct 2023
  • Report Format: PDF

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Middle East Water Heater Market Size

Middle East Water Heater Market was valued at USD 1.75 billion in 2023 and is set to witness 5.7% CAGR between 2024 and 2032. Integration of hybrid heating solutions along with adoption of sustainable technologies will continue to drive a favorable business scenario.

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Middle East Water Heater Market

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Favorable regulatory prospects coupled with positive consumer outlook in reference to adoption of energy-efficient technologies will thrust the business growth.

Authors: Ankit Gupta, Sristhi Agrawal

Frequently Asked Questions (FAQ) :

Middle East Water Heater Market was valued at USD 1.75 billion in 2023 and is set to witness 5.7% CAGR between 2024 and 2032.

Middle East storage water heaters market size is expected to cross USD 2.4 billion by 2032, owing to benefits, such as minimized cost, high-energy savings, easy installation, quick & simple maintenance and water storage for longer duration.

Demand for commercial water heaters in the Middle East may reach USD 0.9 billion by 2032, driven by the surging development of green building codes and smart city programs.

UAE water heater market size is set to witness more than 4.5% CAGR from 2023 to 2032, propelled by the introduction of mandates and strategies by major economies in line with development of modernized water heating technologies.

Middle East Water Heater Market Scope

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  • Base Year: 2023
  • Companies covered: 16
  • Tables & Figures: 527
  • Countries covered: 11
  • Pages: 350
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