The global solar water heater market is expected to grow at a CAGR of 6.5% during the forecast period, from 2021 to 2030. The growth of this market is mainly driven by the increasing demand for renewable energy sources and the need for sustainable solutions in order to reduce greenhouse gas emissions. The residential use segment accounted for the largest share in 2018, followed by industrial processes and commercial buildings segments. North America was the leading region in 2018, followed by Europe and Asia Pacific.
Some Of The Growth Factors Of This Market:
- Increasing population and urbanization are also contributing to the growth of this market as they lead to an increase in demand for energy efficient products such as solar water heaters which can be used in both rural and urban areas with ease.
- The high cost associated with installation is one factor that may hamper growth in this market over the next few years as it discourages consumers from investing in these systems due to their high initial investment costs which can be prohibitively expensive for many households around the world who cannot afford them on their own or do not have access to financing options that would allow them purchase these systems without having upfront capital outlay requirements .
Industry Growth Insights published a new data on “Solar Water Heater Market”. The research report is titled “Solar Water Heater Market research by Types (Active Solar Water Heating Systems, Passive Solar Water Heating Systems), By Applications (Residential Use, Industrial Processes, Commercial Buildings), By Players/Companies Rheem, Apricus, Helioakmi S.A., Himin Solar Energy, Sunrain, Jiaxing Jinyi, Emmvee, HITEK, Sole S.A., Sangle Solar, TP Solar Energy Group, HUAYANG, Sunbest”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Solar Water Heater Market Research Report
By Type
Active Solar Water Heating Systems, Passive Solar Water Heating Systems
By Application
Residential Use, Industrial Processes, Commercial Buildings
By Companies
Rheem, Apricus, Helioakmi S.A., Himin Solar Energy, Sunrain, Jiaxing Jinyi, Emmvee, HITEK, Sole S.A., Sangle Solar, TP Solar Energy Group, HUAYANG, Sunbest
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Solar Water Heater Market Report Segments:
The global Solar Water Heater market is segmented on the basis of:
Types
Active Solar Water Heating Systems, Passive Solar Water Heating Systems
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Residential Use, Industrial Processes, Commercial Buildings
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Rheem
- Apricus
- Helioakmi S.A.
- Himin Solar Energy
- Sunrain
- Jiaxing Jinyi
- Emmvee
- HITEK
- Sole S.A.
- Sangle Solar
- TP Solar Energy Group
- HUAYANG
- Sunbest
Highlights of The Solar Water Heater Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Active Solar Water Heating Systems
- Passive Solar Water Heating Systems
- By Application:
- Residential Use
- Industrial Processes
- Commercial Buildings
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Solar Water Heater Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A solar water heater is a device that uses the sun's energy to heat water. Solar water heaters are popular in climates where there is plenty of sunlight, such as Arizona and California.
Some of the key players operating in the solar water heater market are Rheem, Apricus, Helioakmi S.A., Himin Solar Energy, Sunrain, Jiaxing Jinyi, Emmvee, HITEK, Sole S.A., Sangle Solar, TP Solar Energy Group, HUAYANG, Sunbest.
The solar water heater market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Solar Water Heater Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Solar Water Heater Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Solar Water Heater Market - Supply Chain
4.5. Global Solar Water Heater Market Forecast
4.5.1. Solar Water Heater Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Solar Water Heater Market Size (000 Units) and Y-o-Y Growth
4.5.3. Solar Water Heater Market Absolute $ Opportunity
5. Global Solar Water Heater Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Solar Water Heater Market Size and Volume Forecast by Type
5.3.1. Active Solar Water Heating Systems
5.3.2. Passive Solar Water Heating Systems
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Solar Water Heater Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Solar Water Heater Market Size and Volume Forecast by Application
6.3.1. Residential Use
6.3.2. Industrial Processes
6.3.3. Commercial Buildings
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Solar Water Heater Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Solar Water Heater Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Solar Water Heater Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Solar Water Heater Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Solar Water Heater Demand Share Forecast, 2019-2026
9. North America Solar Water Heater Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Solar Water Heater Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Solar Water Heater Market Size and Volume Forecast by Application
9.4.1. Residential Use
9.4.2. Industrial Processes
9.4.3. Commercial Buildings
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Solar Water Heater Market Size and Volume Forecast by Type
9.7.1. Active Solar Water Heating Systems
9.7.2. Passive Solar Water Heating Systems
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Solar Water Heater Demand Share Forecast, 2019-2026
10. Latin America Solar Water Heater Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Solar Water Heater Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Solar Water Heater Market Size and Volume Forecast by Application
10.4.1. Residential Use
10.4.2. Industrial Processes
10.4.3. Commercial Buildings
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Solar Water Heater Market Size and Volume Forecast by Type
10.7.1. Active Solar Water Heating Systems
10.7.2. Passive Solar Water Heating Systems
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Solar Water Heater Demand Share Forecast, 2019-2026
11. Europe Solar Water Heater Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Solar Water Heater Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Solar Water Heater Market Size and Volume Forecast by Application
11.4.1. Residential Use
11.4.2. Industrial Processes
11.4.3. Commercial Buildings
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Solar Water Heater Market Size and Volume Forecast by Type
11.7.1. Active Solar Water Heating Systems
11.7.2. Passive Solar Water Heating Systems
11.8. Basis Point Share (BPS) Analysis by Typ
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Solar Water Heater Demand Share, 2019-2026
12. Asia Pacific Solar Water Heater Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Solar Water Heater Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Solar Water Heater Market Size and Volume Forecast by Application
12.4.1. Residential Use
12.4.2. Industrial Processes
12.4.3. Commercial Buildings
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Solar Water Heater Market Size and Volume Forecast by Type
12.7.1. Active Solar Water Heating Systems
12.7.2. Passive Solar Water Heating Systems
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Solar Water Heater Demand Share, 2019-2026
13. Middle East & Africa Solar Water Heater Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Solar Water Heater Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Solar Water Heater Market Size and Volume Forecast by Application
13.4.1. Residential Use
13.4.2. Industrial Processes
13.4.3. Commercial Buildings
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Solar Water Heater Market Size and Volume Forecast by Type
13.7.1. Active Solar Water Heating Systems
13.7.2. Passive Solar Water Heating Systems
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Solar Water Heater Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Solar Water Heater Market: Market Share Analysis
14.2. Solar Water Heater Distributors and Customers
14.3. Solar Water Heater Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Rheem
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Apricus
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Helioakmi S.A.
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Himin Solar Energy
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Sunrain
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Jiaxing Jinyi
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Emmvee
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. HITEK
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Sole S.A.
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Sangle Solar
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. TP Solar Energy Group
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. HUAYANG
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Sunbest
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook