Thailand water heater market

Stiebel Eltron Targets THB1.41 Billion in Sales Despite 10% Drop Forecast for Thai Water Heater Market

Stiebel Eltron is targeting THB1.41 billion in sales in 2026 as it expands its consumer and commercial water solutions portfolio, despite forecasting an approximately 10% contraction in Thailand’s water heater and hot water market.