Demand for instant hot water continues to drive tankless market, expanded applications on the horizon.

 

By Natalie Forster  

Tankless

market

update

Background video by MasterShot / Creatas Video+ / Getty Images Plus.

The global instant hot water heater market reached a value of $3.1 billion in 2021. Looking ahead, the market is expected to reach a value of $4.92 billion by 2027. To gain a pulse for the booming tankless market and its latest trends, Supply House Times Chief Editor Natalie Forster had a quick chat with Bosch Thermotechnology’s Director of Product Management, Dan Moffroid.

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