Tankless water heaters are designed to heat water on demand, which means that they have a limited hot water output. While this may not be an issue for small households or those with low hot water demand, larger households with high hot water demand may find that a tankless water heater cannot keep up with their needs. This can lead to dissatisfaction with the product and limit the market's potential growth.
Tankless water heaters require regular maintenance to keep them functioning properly. This includes flushing the system to remove mineral buildup and checking the venting to ensure that it is clear. Many consumers are unaware of the need for regular maintenance, which can lead to problems down the line and limit the Tankless Water Heater Market growth. Many consumers are simply unaware of the benefits of tankless water heaters. While tankless water heaters have been around for several decades, they are still not as well-known as traditional water heaters. Lack of awareness can be a significant barrier to entry for the tankless water heater market, as consumers may not know that this product exists or the benefits it offers.
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