Water Heater Repair Tacoma, a Washington-based water heater services company with more than 20 years in the business, announced their findings after analyzing the 2022 Tankless Water Heaters Report as put forth by Persistence Market Research (PMR), establishing that the market shows no signs of slowing down as consumers demand more efficiency and innovation.
“No single appliance in modern society is more essential than conventional water heaters, and although taken for granted today, it wasn’t long ago that households and businesses across North America relied on a stove or open fire to heat their water before using it for cooking, bathing or cleaning,” says a Water Heater Repair Tacoma company spokesperson. “We’ve come a long way indeed, but today’s manufacturers have no intention of slowing down innovation or meeting the consumer appetite for it.
For more information visit https://waterheaterrepairtacomawa.net/
“We have found, and have reported to our customers after analyzing the 2022 Tankless Water Heaters Report, that manufacturers are not only focusing on developing innovative product features but also efficiently developing sales and distribution systems. Rising consumer focus on online product research before making a purchase will increase manufacturer opportunities.”
In the 2022 report on tankless water heaters, research has indicated that global demand for water heaters of a tankless design is poised to expand at a healthy compound annual growth rate of close to six-percent over the next decade and cross a valuation of $6.3 billion in 2031. Several tankless hot water heater manufacturers such as A.O. Smith, Aerco, Bosch Heating and Cooling, Bradford White, Bradley Corp., Diversified Heat Transfer (DHT), Essency, Intellihot, Navien, Noritz, Rheem, Rinnai and Stiebel Eltron all report that market outlook for this year and next was overwhelmingly positive for both residential and commercial markets.
Further, according to research culled by Water Heater Repair Tacoma representatives based on the 2022 Tankless Water Heater Report, a number of factors – from disposable income and housing construction to energy efficiency, decarbonization drivers and regulations – are driving market growth, with consumers spending as a result of pent-up consumer demand, fueled by a healthy housing market. As new housing construction is on the rise, the market outlook for tankless water heaters will also see increased steady growth for 2022 and 2023.
For their part, representatives of Water Heater Repair Tacoma stress to their myriad of satisfied customers why regular water heater maintenance services by a professional water heater Tacoma company are so vital, pointing out how hard water builds up large amounts of calcium – at a rapid rate – inside a water heater and that annual flushing of the heater is important to prevent blockages. What’s more, annual maintenance and flushing of a water heater will help stop calcium from building up into large globs that get stuck in the system, most of which cannot be removed.
Water Heater Repair Tacoma is a Washington licensed business offering a plethora of services in the plumbing sector, from water heater installation and hot water heater repairs to water heater maintenance, gas water heaters, water heater replacement, electric water heaters, hybrid water heaters, solar water heaters, commercial water heaters and more.
The business is located in Tacoma, WA., and customers who need water heater services can reach the company by calling (253) 679-8992. For further information visit the above cited website.
Water Heater Repair Tacoma