Commercial Domestic Hot Water Trends 2020
Technology marches on and for those of us working every day to bring the best DHW solutions to the market, global and national trends will inevitably drive the adoption of new techniques and new technologies that mostly help, but sometimes hurt us. Digital and IOT based improvements to the tech surrounding DHW abound in 2020 and conversations around the “resident experience” are now common, though studies show that a desire for positive resident experiences have not become a core technology competency for the vast majority of building managers. For DHW used in hotels, apartments, and office buildings, upgrades, and conversions continue to be a major source of industry growth despite this, as operators recognize the need for more efficient systems, and the impact of upgrades on bottom-line operating costs. Focus on the Commercial Domestic Hot Water Market The U.S. commercial water heater market revenue is poised to cross USD 670 Million by 2026, as reported in the latest study