Tankless Water Heater Market, By Type (Gas-Fired Tankless and Electric Tankless), By End-User (Residential, Commercial, and Industrial), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)
On February 23, 2024, Smith announced that it will unveil its latest innovations in heating technology at the 2024 NAHB International Builders' Show (IBS)
In 2023, a Germany-based brand, clage, launched next-generation water heaters in India
In 2022, Bradford White Water Heaters, a manufacturer of residential and commercial water heating and storage products, introduced KwickShot, a reliable and easily installed tankless electric water heater available in thermostatic and non-thermostatic models to meet a range of water temperature needs in a variety of everyday applications. This has enhanced the product portfolio of the company.
In 2022, Rinnai, a manufacturer of tankless water heaters, launched the New RE Series Tankless Water Heater with Smart-Circ Intelligent Recirculation. The RE Series is compatible with the Wi-Fi module controller, to achieve scheduled recirculation or on-demand operations.