Solar Water Heater Market to Reflect Impressive Growth Rate of 9.0% by 2026 | Market Revenue Analysis by Rinnai, V Guard Industries, Linuo Ritter, Chromagen, Racold, Himin Solar Energy, Bosch, Bradford White, AO Smith

Marketprognosis.com Publish a New Market Research Report On “Solar Water Heater - Global Market Outlook (2017-2026)” which contains global key player’s survey information and forecast to 2026.

Overview of the Global Solar Water Heater Market:

The Global Solar Water Heater Market is expected to grow at a CAGR of 9.0% during the forecast period.

Factors such as Growing number of advancements and improvements in terms of technology & durability and growing demand for high-quality solar water heaters are fueling the market growth.. However, low category penetration due to heavy initial installation and maintenance costs is limiting the expansion of the solar water heater market. One of the major trends in the market is introduction of numerous targets to diminish carbon emissions and encourage the expansion of renewable energy.

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Solar Water Heater is a device that can be used to capture sunlight to heat the water. It primarily consists of thermal panel, tank, circulating pump and thermal regulator. It is commonly used for residential and some industrial applications.

By End user, residential segment is expected to drive the growth of the market throughout the forecasted period. Growing government incentives and the implementation of rules mandating the use of solar water heaters in different countries across the world are some of the factors propelling the market growth.

Geographically, Asia Pacific is anticipated to dominate the maximum market share due to the rising number of solar water heater installations in countries such as China and India.

Major Key Players:

1 Rinnai Corp

2 V Guard Industries

3 Linuo Ritter

4 Chromagen Ltd.

5 Racold

6 Himin Solar Energy

7 Bosch Ltd

8 Bradford White Corporation

9 Rheem manufacturing

10 A.O. Smith and More………………

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Market Segment by

Systems Covered:

1 Pumped

2 Thermosyphon

Collectors Covered:

1 Flat plate collector

2 Unglazed water collector

3 Evacuated tube collector

Distribution Channels Covered:

1 Local hardware stores

2 Online stores

3 Plumbing supply stores

4 Home improvement stores

5 Chain and Hardware stores

Any Query? Ask to our Expert @ https://marketprognosis.com/enquiry/15656 .

What Information does this report contain?

1 A detailed analysis of regulatory trends, drivers, industry pitfalls, challenges and growth opportunities for participants

2 Which are the leading market products, applications & regions and how will they perform by 2026?

3 What are the technologies & innovation trends, how will they evolve by 2026?

4 Which companies lead the industry, how are they positioned in the market in terms of sustainability, competency, production capacity and strategic outlook?

In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of Solar Water Heater Market.

Table of Contents:

1 Executive Summary

2 Preface

3 Market Trend Analysis

4 Porters Five Force Analysis

5 Global Solar Water Heater Market, By System

6 Global Solar Water Heater Market, By Collector

7 Global Solar Water Heater Market, By Distribution Channel

8 Global Solar Water Heater Market, By Application

9 Global Solar Water Heater Market, By End-User

10 Global Solar Water Heater Market, By Geography

11 Key Developments

12 Companies Profiling

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This release was published on openPR.