openPR Logo
Press release

Solar Water Heater Market Trends 2018-2024 | Industry Participants SunTank, A.O. Smith, Alternate Energy Technologies, Rheem manufacturing, Bosch, Linuo Ritter, Rinnai, Racold, Viessmann, Wagner Solar, Bradford White, EMMVEE, V Guard Industries, Chromagen

10-08-2018 07:55 AM CET | Energy & Environment

Press release from: Global Market Insights, Inc.

Solar Water Heater Market

Solar Water Heater Market

The shifting trend toward the adoption of renewable energy sources is one of the pivotal factors propelling solar water heater market share. In recent times, the depletion level of fossil fuels has led to growing concerns about carbon emissions, which has emerged as a crucial driving factor for solar water heater market. In fact, several regional governments are taking initiatives to encourage the masses to deploy renewable energy systems for daily applications.

For instance, recently, the Government of India has implemented a series of specific norms to enhance the nation’s dependency on renewable energy sources. In addition, Germany, it is observed, is also stepping forward to become a completely renewable energy dependent country. Initiatives such as the aforementioned, undertaken by regional governments to implement renewable energy facilities is likely to have a positive influence on solar water heater industry outlook.

Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/2219

Taking into account the several benefits of deploying renewable energy, numerous countries have been implementing small-scale programs that have considerably increased the demand for the product. African countries such as Kenya and South Africa for instance, have made noteworthy contributions toward impelling Africa solar water heater market size. For instance, in 2012, the Energy regulatory commission of Kenya had issued a legal notice to install solar water heaters across the residential, commercial, and industrial domains.

Post the deployment of this regulation, the demand for solar water heaters across Kenya has increased tremendously. Solar heaters were then prominently deployed across commercial buildings such as clubs, cafeteria, hotels, laundries, and restaurants as well as medical facilities such as clinics, health centers, and hospitals. Through this initiative, the Government of Kenya had made an attempt to encourage its populace to use renewable energy facilities, in order to curb the load on the national grid.

It is prudent to mention that the usage of solar water heaters also enables the minimization of greenhouse gases, owing to reduced dependency on fossil fuel-based electricity, which contributes toward the growth of solar water heater market. These systems are also gaining popularity across Kenya pertaining to their durability and simplicity, which would considerably stimulate solar water heater industry trends.

Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/2219

For the record, the South Africa government has deployed the ETA Solar Water Heater Programme to enhance the use of solar water heaters for residential applications. In order to successfully implement this program, the government of the Republic of South Africa is providing considerable financial support to consumers, in addition to supplying and mounting SWHs (solar water heaters). Furthermore, the government has been encouraging people to replace existing water heating systems with SWHs.

This step forward is certain to reduce fossil fuel consumption and the usage of grid-based electricity, resulting in minimized carbon emissions, which would subsequently propel solar water heater market share. The replacement of conventional water heaters with solar water heating facilities thus, is a pivotal factor that will drive solar water heater industry share in the years ahead.

The initial costs of a solar-powered system are one of the major hindrances for solar water heater market. In consequence, most of the giants in solar water heater market including A.O. Smith, Himin Solar Energy, Wagner Solar, Linuo Ritter, and Viessmann have been attempting to effectively combat these restraints and impel the business expansion.

Browse Complete Report Summary @ https://www.gminsights.com/industry-analysis/solar-water-heater-market

The rising awareness to reduce carbon dioxide emissions will be one of the key factors pushing solar water heater market size over the years ahead. In addition, the changing construction and building norms and robust technological developments are certain to generate lucrative opportunities for players in solar water heater industry. According to Global Market Insights, Inc., solar water heater market size will surpass a revenue collection of USD 4 billion by the end of 2024.

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: www.gminsights.com/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Solar Water Heater Market Trends 2018-2024 | Industry Participants SunTank, A.O. Smith, Alternate Energy Technologies, Rheem manufacturing, Bosch, Linuo Ritter, Rinnai, Racold, Viessmann, Wagner Solar, Bradford White, EMMVEE, V Guard Industries, Chromagen here

News-ID: 1285622 • Views: 198

More Releases from Global Market Insights, Inc.

Trend in automotive application to Asia Pacific expanded polyethylene foam marke …
Of late, expanded polyethylene foam has become a trendy petrochemical product in applications, ranging from automotive, construction, packaging, protective covers and sports goods. Eliminating cost of making expensive molds and offering tremendous cushion against vibrations, shocks and abrasion are some of the upsides that have encouraged emerging economies such as India, China, Vietnam and Malaysia to infuse funds in EPE for packaging goods, boost high thermal resistance and weight
Marine Coatings Market Size, Share, Growth Demand and Top key Players like AkzoN …
Marine coatings market revenue till 2024: anti-fouling coatings are expected to account for a major share of the industry. Owing to extensive an application landscape, anti-fouling coatings are expected to account for a major share of the marine coatings market revenue over 2016-2024. Since ships are prone to damage caused by growth of subaquatic organisms on its hull, it is mandatory to use anti-fouling agents on ships and to regularly
3 Trends Fostering Global Plastic Compounding Market Size
According to a Global Market Insights, Inc., global plastic compounding market size is most probable to breach the US$56.9 billion mark by 2026. Incorporation of lightweight plastic materials for construction and automobile applications will drive the market forecast in the coming few years. Mentioned below are some recent tends fostering the industry size. Plastic compounding plays a crucial role to fulfil the growing consumer requirements by improving the performance characteristics
Sodium acetate market from medical & pharmaceuticals end-user segment is estimat …
Sodium acetate market is expected to showcase significant growth in the coming year. Sodium acetate is mainly available in anhydrous and trihydrate forms. Being less expensive than sodium acetate anhydrous, trihydrate product segment will capture about two-thirds of the overall sodium acetate industry share. Its excellent pH controlling characteristics and hydrophilic nature makes is preferable for myriad industrial applications. Sodium acetate trihydrate finds extensive application in leather & textile and

All 5 Releases


More Releases for Solar

Solar Simulator Market Distribution Channel 2019: Spire Solar, Solar Energy Inte …
Solar Simulator Market report aims to examine the developments of market including its market improvements, developments, positions and others. This report on the Solar Simulator market offers explanatory knowledge on the market parts like dominating players, drivers and restraints, production, revenue, consumption, import and export, and the most effective development within the organization size, deployment type, inside, segmentation comprised throughout this analysis, also major the players have used various strategies such
Solar PV Module Market 2018-2025 : Canadian Solar, First Solar, Jinko Solar, Sha …
Researchmoz added Most up-to-date research on "2018-2025 Solar PV Module Report on Global and United States Market,Status and Forecast,by Players,Types and Applications" to its huge collection of research reports. Summary This report studies the Solar PV Module market status and outlook of global and United States, from angles of players, regions, product types and end industries; this report analyzes the top players in global and United States market, and splits the Solar
Global Solar Photovoltaic Installations Market 2017: Key Players – BENQ Solar, …
Summary WiseGuyReports.com adds “Solar Photovoltaic Installations Market 2017 Global Analysis, Growth, Trends and Opportunities Research Report Forecasting to 2022” reports to its database. This report provides in depth study of “Solar Photovoltaic Installations market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Solar Photovoltaic Installations  Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an
Global Solar Cell (Photovoltaic) Equipment Market 2017 : Trina Solar, Canadian S …
Market Research Explore : The report 2017 Global Solar Cell (Photovoltaic) Equipment Market mainly highlights thoughtful facts and intelligence of Solar Cell (Photovoltaic) Equipment market in conjunction with prevailing and future market trends throughout the forecast period from 2017 to 2022. It additionally executes the great study of price, current geographical zones, technology, demand-supply and therefore the consequences it might wear the market growth of Solar Cell (Photovoltaic) Equipment trade. Do
Solar Panel Market 2017 - Hanwha, First Solar, SunPower, Elkem Solar, Sharp, Kyo …
The Global Solar Panel Market 2017 Industry Research Report focused on global and regional market, major manufacturers, as well as the current state of the Solar Panel industry. First, "Global Solar Panel Industry 2017" report analyzed the basic scope of this industry like definition, specification, classification, application, industry policy, news analysis and Solar Panel industry chain structure. Major Companies Covered in this report:- Hanwha First Solar SunPower Elkem Solar Sharp Kyocera Solar Solar Frontier Solarworld NSP Trina Solar Canadian Solar Jinko Solar JA Solar GCL
Global Solar Cells and Modules Market 2016 - Hanwha, First Solar, SunPower, Elke …
This report mainly covers the following Segment regions including (the separated region report can also be offered) North America Europe Japan China Southeast Asia India Request for sample report at http://www.fiormarkets.com/report-detail/2073/request-sample The players list (Partly, Players you are interested in can also be added) Hanwha First Solar SunPower Elkem Solar Sharp Kyocera Solar Solar Frontier Solarworld NSP Trina Solar Canadian Solar Jinko Solar JA Solar GCL System Integration Yingli Shunfeng ReneSola Risen Chint Group Hareonsolar Eging PV CSUN BYD HT-SAAE With 24 top producers. Data including (both global and regions): Market Size (both volume - K Units and value - million USD), Market Share, Production