Europe Market Statistics
Regionally, the global electric tankless water heater market is studied into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Europe is likely to account for largest revenue share by 2036, backed by growing adoption of low carbon electricity generation, adoption of energy efficient products, and increased demand for substitutions of conventional water heaters. As per a report by the European Commission, the European Commission has approved a series of guidelines to make the EU's energy, transportation, and climate systems capable of lowering net carbon gas emissions by at least 55% by 2036.
Author Credits: Abhishek Verma
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