Global Water Heater Market Size, Share & Forecast (2025–2033) Market Overview The Global Water Heater Market was valued at USD 30.72 Billion in 2024 and is projected to reach USD 48.16 Billion by 2033, growing at a CAGR of 5.12% from 2025 to 2033. This market is driven by surging demand for energy-efficient appliances, rising urbanization, and the growth of residential, commercial,...