Global Solar Water Heater Market 2017-2021

  • ID: 4070581
  • Report
  • Region: Global
  • 70 pages
  • TechNavio
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FEATURED COMPANIES

  • A. O. Smith
  • Chromagen
  • Genersys
  • HTP
  • Jinyi Solar
  • Rheem Manufacturing
  • MORE
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

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 analysts forecast the global solar water heater market to grow at a CAGR of 6.78% during the period 2017-2021.

Covered in this report

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

The 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 drivers
- Innovations and advancements in terms of technology and durability
- For a full, detailed list, view the full report

Market challenges
- Low category penetration due to high initial installation and maintenance costs
- For a full, detailed list, view the full report

Market trends
- Growth of DIY solar water heating products
- For a full, detailed list, view the full report

Key questions answered in this report
- What will the market size be in 2021 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?

You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
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Note: Product cover images may vary from those shown
2 of 5

FEATURED COMPANIES

  • A. O. Smith
  • Chromagen
  • Genersys
  • HTP
  • Jinyi Solar
  • Rheem Manufacturing
  • MORE
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

Part 01: Executive summary

Part 02: Scope of the report

Part 03: Research Methodology

Part 04: Introduction
  • Key market highlights
Part 05: Market landscape
  • Market overview
  • Global solar water heater market by technology
  • Value chain analysis of the global solar water heater market
  • Market size and forecast
  • Five forces analysis
Part 06: Market segmentation by end-user
  • Global solar water heater market by end-user
  • Global solar water heater market in residential segment
  • Global solar water heater market in commercial segment
  • Global solar water heater market in industrial segment
Part 07: Market segmentation by retail distribution channels
  • Global solar water heater market by retail distribution channels
Part 08: Geographical segmentation
  • Global solar water heater market by geography
  • Solar water heater market in APAC
  • Solar water heater market in EMEA
  • Solar water heater market in the Americas
Part 09: Key leading countries
  • China
  • India
  • Japan
Part 10: Market drivers
  • Government support in developing economies
  • Increasing demand from APAC
  • Innovations and advancements in terms of technology and durability
Part 11: Impact of drivers

Part 12: Market challenges
  • Low category penetration due to high initial installation and maintenance costs
  • Seasonal variation and variable weather conditions, and low consumer awareness
  • Low replacement and refurbishment market due to longer product replacement cycles
Part 13: Impact of drivers and challenges

Part 14: Market trends
  • Emergence of hybrid water heaters
  • Growth of DIY solar water heating products
Part 15: Vendor landscape
  • Competitive scenario
  • Key players in global solar water heater market
  • Competitive assessment of top five vendors
Part 16: Key vendor analysis
  • Chromagen
  • EMMVEE Solar Systems
  • Genersys
  • Jinyi Solar
  • Rheem Manufacturing
Part 17: Appendix
  • List of abbreviations
Part 18: About the Author

List of Exhibits

Exhibit 01: Global solar water heater market: Overview
Exhibit 02: Global solar water heater market by technology
Exhibit 03: Value chain analysis of the global solar water heater market
Exhibit 04: Global solar water heater market 2016-2021 ($ billions)
Exhibit 05: Five forces analysis
Exhibit 06: Global solar water heater market by end-user 2016 (% share)
Exhibit 07: Global solar water heater market by end-user 2021 (% share)
Exhibit 08: Global solar water heater market by end-user 2016-2021 ($ billions)
Exhibit 09: Global solar water heater market by end-user 2016-2021 (% share)
Exhibit 10: Global solar water heater market in residential segment 2016-2021 ($ billions)
Exhibit 11: Global solar water heater market in commercial segment 2016-2021 ($ billions)
Exhibit 12: Global solar water heater market in industrial segment 2016-2021 ($ billions)
Exhibit 13: Retail distribution channel 2016 (% share)
Exhibit 14: Global solar water heater market by geography 2016 (% share)
Exhibit 15: Global solar water heater market by geography 2021 (% share)
Exhibit 16: Global solar water heater market by geography 2016-2021 ($ billions)
Exhibit 17: Global solar water heater market by geography 2016-2021 (% share)
Exhibit 18: Solar water heater market in APAC 2016-2021 ($ billions)
Exhibit 19: Solar water heater market in EMEA 2016-2021 ($ billions)
Exhibit 20: Solar water heater market in the Americas ($ billions)
Exhibit 21: Key leading countries
Exhibit 22: Impact of drivers
Exhibit 23: Impact of drivers and challenges
Exhibit 24: Key players in global solar water heater market
Exhibit 25: Competitive assessment of top five vendors
Exhibit 26: Chromagen: Product segmentation
Exhibit 27: EMMVEE Solar Systems: Product segmentation
Exhibit 28: Genersys: Product segmentation
Exhibit 29: Jinyi Solar: Product segmentation
Exhibit 30: Rheem Manufacturing: Product segmentation
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FEATURED COMPANIES

  • A. O. Smith
  • Chromagen
  • Genersys
  • HTP
  • Jinyi Solar
  • Rheem Manufacturing
  • MORE
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

New Report Released: - Global Solar Water Heater Market 2017-2021

The author of the report recognizes the following companies as the key players in the global solar water heater market: Chromagen, EMMVEE Solar Systems, Genersys, Jinyi Solar, and 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

Commenting on the report, an analyst from the research team said: “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.

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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1h Free Analyst Time

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  • Chromagen
  • EMMVEE Solar Systems
  • Genersys
  • Jinyi Solar
  • Rheem Manufacturing
  • A. O. Smith
  • Alternate Energy Technologies
  • Apricus Solar
  • Heliodyne
  • HTP
  • Inter Solar Systems
  • Nuetech Solar Systems
  • SunEarth
  • Vaughn Thermal
Note: Product cover images may vary from those shown
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