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Electric Water Heater Market Report predicts size to grow at over 7.5% CAGR from 2016 to 2024

For More Information @ http://bit.ly/2jxL61y Mounting demand across domestic applications such as space heating, cooking, cleaning and bathing is likely to spur industry demand from 2016 to 2024. Growing demand from the healthcare and hospitality sectors is also likely to fuel the global electric water heaters market share. Growth in the construction sector along with replacement for aging equipment in various sectors owing to rising disposable income may catapult growth over the next few years.

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