Immersion Heater Market Outlook:
Immersion Heater Market size was valued at USD 987.24 million in 2025 and is likely to cross USD 1.59 billion by 2035, registering more than 4.9% CAGR during the forecast period i.e., between 2026-2035. In the year 2026, the industry size of immersion heater is assessed at USD 1.03 billion.
The construction of smart cities and the quick development of green building projects would drive the market expansion. In comparison to typical structures, energy consumption in green buildings can be reduced by 30%–40%. Water consumption in green buildings can be lowered by 20% to 30%. Up to 35% less CO2 can be released from green buildings.
In addition, the demand for immersion heaters has increased as a result of global government programs and legislation encouraging the adoption of energy-efficient heating systems. Also, immersion heaters are becoming more and more appealing because of the rising cost of electricity, as they are frequently less expensive to run than other heating solutions.
