Australia is among the five countries that drove the growth of the market for efficient tankless water heaters. China, India, Japan, and New Zealand also contributed to this rise.What is driving this growth?
An Efficient System
Acu-Tech Piping Systems, a manufacturer and supplier of piping systems and solutions, knows there is a need for cost-effective pipes that are durable, corrosion resistant and strong. But just as important as the piping solution is the system that takes up a bulk of spending for businesses and homes.
Twenty-five per cent of energy use in Australian homes, for instance, comes from water heating, and 52 per cent of that stems from electric water heating.
The superior features of tankless water heaters can address this issue. The conventional system stores water in tanks only to heat it when the water cools down. By comparison, tankless systems only use water when necessary, which means lesser consumption of energy.
Tankless water heaters have durable materials, and these can last up to 20 years. Although pricier than the conventional storage water heaters, the savings in resources prove tankless systems to be cost-effective in the long-run. These benefits, Technavio explains, lead to the popularity of and the high demand for tankless water heaters.
What You Can Get From Tankless Water Heaters
Plumbing relies on efficiency, among others, which is why businesses look for ways to enhance water heat systems. You can rely on tankless water heaters for the following advantages:
- More space saved: tankless water heaters only serve a fraction of the size of a traditional storage tank heater
- Reduced emissions: using tankless water heaters use natural gas models or LPG
- Cleaner and fresher water: with no tank to rust and no water stored, the water stays fresher and cleaner in tankless water heaters
- Healthier and safer: tankless water heaters only heat the water up to 50C, so there’s no breeding ground bacterial growth
With all its features, it’s no wonder tankless water heaters remain in demand.