"A new space or water heater comes with an energy label showing its energy efficiency class. For individual products, ratings go from G (least efficient) to A++ (most efficient). It is also possible to buy a combination of technologies, such as a boiler with a solar hot water storage tank, in order to reach an A+++ energy efficiency rating. The European Commission provides tools for generating energy labels for products on the EU market."

The article cited AMA's "Global Instant Water Heater Market Study" explored CAGR of 7.7%. According to the report, Instant Water Heater Market Players Introduce Innovative Designs to Improve Sales is one of the primary growth factors for the market. Consumers Willing Live a Low-carbon Lifestyle Drives Growth of Instant Water Heater Market is also expected to contribute significantly to the Instant Water Heater market. Overall, Residential applications of Instant Water Heater, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Technology Type, such as Condensing, is boosting the Instant Water Heater market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Sales Channel, such as Online Store, is boosting the Instant Water Heater market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Installation Type , such as Indoor, is boosting the Instant Water Heater market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

New technologies and major shifts in the industry will be game-changing factors that all players have to react now in order to maintain strong positions in the future. As many industry experts agree that significant changes are ahead. AMA’s Analyst on the Global Instant Water Heater market identified that the demand is rising in many different parts of the world as "Rapid Growth in Urbanization and Increasing Construction of New Residential and Commercial Buildings in Developing Nations ". Furthermore, some recent industry insights like "In October 2023, Voltas, India's No. 1 AC company, announced its entry into the water heater segment with the launch of Voltas Water Heaters, available across the country." which is constantly making the industry very dynamic.

The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global Instant Water Heater market according to Type, Application, and regions
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key drivers & trends of the market

**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2023 currency rates.

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Instant Water Heater market and other related sub-markets covered in the study.

o Key & emerging players in the market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Data Triangulation
The overall Instant Water Heater market size is calculated using market estimation process, the Instant Water Heater market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Instant Water Heater market size has been validated using both top-down and bottom-up approaches.