Solar Water Heater Market 2018-2023 | Top Venders : Rheem Manufacturing, A.O.Smith, SunTank, Bradford White Corporation, Bosch, Honeywell Corporation, Racold, Alternate energy Technologies, Viessmann Manufacturing and Wagner Solar

The global solar water heater market is expected to grow at ~8.50 % CAGR during the forecast period. Global solar water heater market is expected to witness substantial growth during the forecast period owing to increase in the demand for cost efficient technology for heating water.

Market Highlights:

Solar water heater is a device which provides hot water for industrial, commercial, and residential applications. A solar water heater comprises of an array of collectors to collect and store solar energy. There are mainly three types of solar collectors that are used in residential applications such as flat-plate collector, evacuated tube collector, and unglazed water collector. Solar water heater is majorly used to save energy bills. Moreover, the domestic and commercial consumers are entitled to claim renewable heat incentive for generating heat energy.

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Key Players:
The key players of the global solar water heater market are Rheem Manufacturing (US), A.O.Smith (US), SunTank (South Africa), Bradford White Corporation (US), Bosch (Germany), Honeywell Corporation (US), Racold (India), Alternate energy Technologies (US), Viessmann Manufacturing (US), and Wagner Solar (UK), among others.

Segmental Analysis:

By Type
• Pumped
• Thermosyphon

By Collector Type
• Evacuated Tube Collector
• Flat Plate Collector
• Unglazed Water Collector

By Application
• Residential
• Commercial
• Industrial

By Regions
• North America
• Asia-Pacific
• Europe
• Middle East & Africa
• South Africa

Asia Pacific accounts for the largest market share in the Solar Water Heater Market
Asia Pacific is expected to be the fastest-growing market, by region, during the forecast period. This is due to the significant investments in solar power in China, Japan, and India. For instance, the country is introducing extensive changes to its energy policy and shifting its dependence from fossil fuels to renewable fuels in a bid to curb pollution and maintain ecological balance.

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Table Of Contents

1 Executive Summary
2 Market Introduction
2.1 Market Definition
2.2 Scope Of The Study
2.3 Market Structure
3 Research Methodology
3.1 Primary Research
3.2 Secondary Research
3.3 Market Size Estimation
3.4 Forecast Model
3.5 List Of Assumptions
3.6 Limitations Of The Study
4 Market Insights
5 Market Dynamics
5.1 Introduction
5.2 Market Drivers
5.3 Market Restraints
5.4 Market Opportunities
5.5 Porter’s Five Forces Analysis
5.5.1 Threat Of New Entrants
5.5.2 Bargaining Power Of Buyers
5.5.3 Bargaining Power Of Suppliers
5.5.4 Threat Of Substitutes
5.5.5 Intensity Of Rivalry
5.6 Value Chain/Supply Chain Analysis
Continued….

List Of Figures

Figure 1 Research Process Of MRFR
Figure 2 Top Down & Bottom Up Approach
Figure 3 Market Dynamics
Figure 4 Impact Analysis: Market Drivers
Figure 5 Impact Analysis: Market Restraints
Figure 6 Porter’s Five Forces Analysis
Figure 7 Value Chain Analysis
Figure 8 Global Solar Water Heater Market Share, By Type, 2017 (%)
Figure 9 Global Solar Water Heater Market, By Type, 2018-2023 (USD Million)
Figure 10 Global Solar Water Heater Market Share, By Collector Type, 2017 (%)
Continued….

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