Global Solar Water Heater Market Types, Regions, Manufacturers and Application Analysis to 2021

Summary

Orbis Research adds New Report Global Solar Water Heater Market 2017-2021 Major players in this industry and the key strategies adopted by them to sustain and grow in the studied market.

Description

Recent Research Into – Global Solar Water Heater Market 2017-2021
The Following Companies as the Key Players in the Global Solar Water Heater Market:

• Chromagen
• EMMVEE Solar Systems
• Genersys, Jinyi Solar
• Rheem Manufacturing

Other Prominent Vendors in the market are: A. O. Smith, Alternate Energy Technologies, Apricus Solar, Heliodyne, HTP, Inter Solar Systems, Nuetech Solar Systems, SunEarth, and Vaughn Thermal

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

Commenting on the report: “Hybrid water heaters are a combination of solar water heaters and traditional water heaters, which are designed to overcome some of the drawbacks of solar water heaters. The technology is registering a wide acceptance in recent times. Hybrid water heaters are more energy-efficient in comparison to conventional water heaters and are more effective in comparison to standard solar water heaters. Hybrid water heaters use the latest technology and consume less energy. Owing to these advantages, the demand for hybrid water heaters is increasing at a rapid rate, which will have a positive impact on the growth of the global solar water heater market during the forecast period.”

According to the report, the global solar water heater market is incentivized by various governments across the world. Also, through campaigning, various government agencies are educating consumers about the benefits of using solar water heaters over conventional methods, which either use electricity or non-renewable energy sources such coal and gas. To counter the environmental threats arising from the excessive use of fossil fuels, government authorities across the world have started working on policies to increase the adoption of alternatives like solar water heaters. In many countries, such as China, Germany, and Japan, the respective governments have mandated the installation of solar water heaters in new buildings and constructions.

Get a PDF Sample of Global Solar Water Heater Market Report at: http://www.orbisresearch.com/contacts/request-sample/199595

Further, the report states that the initial cost of installing a solar water heater is very high when compared to conventional electric water heaters. Again, installing solar water heaters requires specific skills and not enough manpower is available in this sector. Maintenance costs associated with solar water heaters are also relatively higher than their alternatives, which eliminate long-term cost benefits, making it difficult to convince users to adopt the same.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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