Global Solar Water Heater Market to rise over 2017-2021 to reduce the dependence on fossil fuels in a cost-effective Manner

Albany, NY, Feb 13, 2017: A solar water heater comprises solar collectors and storage tanks. It uses sunlight to heat water and is generally installed on the roof of a building. Two types of solar water heaters are available in the market: active and passive. While the active type uses pumps to circulate water, the passive type does not require any pumps or control units to circulate water. Unlike other conventional water heaters, solar water heaters are cost-effective and reduce the dependence on fossil fuels.

The global solar water heater market to grow at a CAGR of 6.78% during the period 2017-2021. The report covers the present scenario and the growth prospects of the global solar water heater market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of solar water heaters.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

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Technavio's report, Global Solar Water Heater Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Chromagen
- EMMVEE Solar Systems
- Genersys
- Jinyi Solar
- Rheem Manufacturing

Other prominent vendors
- A. O. Smith
- Alternate Energy Technologies
- Apricus Solar
- Heliodyne
- HTP
- Inter Solar Systems
- Nuetech Solar Systems
- SunEarth
- Vaughn Thermal

Market driver
- Innovations and advancements in terms of technology and durability
- For a full, detailed list, view our report

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Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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