Market Overview:
The global solar water heather market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for solar water heaters from residential and commercial users across the globe. In addition, government initiatives and subsidies for installing solar water heaters are also contributing to the growth of this market. The global solar water heather market can be segmented on the basis of type into pressurized and non-pressure solar water heaters. The pressurized segment is expected to account for a larger share of the global market than the non-pressure segment during the forecast period. This can be attributed to its advantages such as high efficiency, longer life span, and low maintenance costs over other types of solar water heaters. On the basis of application,the global Solar Water Heater Market can be divided into residential use and commercial use segments.
Product Definition:
Solar water heather is a device that uses the sun's energy to heat water. This type of heather is important because it can help save money on energy costs.
Pressurized Solar Water Heater:
Solar water heater is a thermal technology which uses the sun's energy to heat water for usage in household and commercial applications. It helps to maintain the temperature of liquid by absorbing solar radiation and does not require any fuelwood or other natural fuels. The most important factor that differentiates solar water heater from conventional ones is its ability to store thermal energy captured during the day, so it can be used even if electricity is unavailable.
Non Pressure Solar Water Heater:
Non pressure solar water heater and it's usage in the solar water heather market is a new concept. It is used to heat or supply hot water for domestic purposes from the sun. The non-pressure type of solar water heater does not use any pumps, tanks or circulation systems to move the heat from one place to another; instead, it uses direct exposure to sunlight for heating purposes.
The product has gained popularity owing to its eco-friendly nature.
Application Insights:
The commercial use segment dominated the global solar water heater market in 2017, accounting for over 60% of the overall revenue share. The segment is expected to witness significant growth over the forecast period owing to rising demand from industrial and commercial sectors. Growing number of hotels and restaurants across various regions is also likely to boost product demand in this application segment.
Solar water heaters are widely used in residential applications as they offer cost-effective heating solution with high energy efficiency ratio (EER). The residential sector witnessed considerable growth due largely to increasing government subsidies & financial aid for installing renewable energy technologies such as solar PV & wind turbines coupled with growing awareness about clean air generation through natural ventilation techniques. This has resulted in increased adoption of these systems by both individual households as well as corporate offices, institutes and schools across various countries globally including U.S., China, India, Germany etc.
Regional Analysis:
Asia Pacific regional market is anticipated to witness significant growth over the forecast period owing to increasing awareness regarding these systems and rising demand for energy-efficient products. The growing population in this region has led to an increase in residential and commercial construction activities, thereby driving the product demand.
The presence of a large number of manufacturers coupled with low manufacturing costs has also resulted in high product penetration across various countries including China, India, Japan, South Korea, Indonesia among others. Increasing investments by governments for building smart cities are expected to drive the industry growth over the coming years. For instance; In July 2017 ‘Make in India’ initiative was taken by Indian government which aims at promoting domestic manufacturing sector by encouraging investors and providing them benefits such as tax sops & incentives etc., This initiative is expected to create opportunities for solar water heater manufacturers over next few years.
Growth Factors:
- Increasing demand from residential and commercial sectors for solar water heaters owing to the benefits offered such as energy savings and environment-friendly operations.
- Favorable government policies and regulations supporting the adoption of solar water heaters, which is expected to boost market growth over the forecast period.
- Growing awareness about the benefits of using solar water heaters among consumers is anticipated to propel market demand in the coming years.
- Technological advancements in solar water heater designs and systems that offer improved efficiency are projected to fuel market growth over the next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Solar Water Heather Market Research Report
By Type
Pressurized Solar Water Heater, Non Pressure Solar Water Heater
By Application
Residential Use, Commercial Use
By Companies
Rheem, Sangle Solar, Helioakmi S.A., Himin Solar Energy, Sunrain, Jiaxing Jinyi, Sole S.A., HITEK, Sunpower Solar
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
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Solar Water Heather Market Report Segments:
The global Solar Water Heather market is segmented on the basis of:
Types
Pressurized Solar Water Heater, Non Pressure Solar Water Heater
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, Commercial Use
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
- Sangle Solar
- Helioakmi S.A.
- Himin Solar Energy
- Sunrain
- Jiaxing Jinyi
- Sole S.A.
- HITEK
- Sunpower Solar
Highlights of The Solar Water Heather 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:
- Pressurized Solar Water Heater
- Non Pressure Solar Water Heater
- By Application:
- Residential Use
- Commercial Use
- 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 Heather 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?
Solar water heather is a type of heather that grows in areas with high levels of solar radiation. The plants use this energy to produce flowers and seeds that can be used to create natural products.
Some of the major players in the solar water heather market are Rheem, Sangle Solar, Helioakmi S.A., Himin Solar Energy, Sunrain, Jiaxing Jinyi, Sole S.A., HITEK, Sunpower Solar.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Solar Water Heather 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 Heather 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 Heather Market - Supply Chain
4.5. Global Solar Water Heather Market Forecast
4.5.1. Solar Water Heather Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Solar Water Heather Market Size (000 Units) and Y-o-Y Growth
4.5.3. Solar Water Heather Market Absolute $ Opportunity
5. Global Solar Water Heather 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 Heather Market Size and Volume Forecast by Type
5.3.1. Pressurized Solar Water Heater
5.3.2. Non Pressure Solar Water Heater
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Solar Water Heather 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 Heather Market Size and Volume Forecast by Application
6.3.1. Residential Use
6.3.2. Commercial Use
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Solar Water Heather 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 Heather 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 Heather 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 Heather 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 Heather Demand Share Forecast, 2019-2026
9. North America Solar Water Heather 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 Heather 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 Heather Market Size and Volume Forecast by Application
9.4.1. Residential Use
9.4.2. Commercial Use
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Solar Water Heather Market Size and Volume Forecast by Type
9.7.1. Pressurized Solar Water Heater
9.7.2. Non Pressure Solar Water Heater
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 Heather Demand Share Forecast, 2019-2026
10. Latin America Solar Water Heather 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 Heather 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 Heather Market Size and Volume Forecast by Application
10.4.1. Residential Use
10.4.2. Commercial Use
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Solar Water Heather Market Size and Volume Forecast by Type
10.7.1. Pressurized Solar Water Heater
10.7.2. Non Pressure Solar Water Heater
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 Heather Demand Share Forecast, 2019-2026
11. Europe Solar Water Heather 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 Heather 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 Heather Market Size and Volume Forecast by Application
11.4.1. Residential Use
11.4.2. Commercial Use
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Solar Water Heather Market Size and Volume Forecast by Type
11.7.1. Pressurized Solar Water Heater
11.7.2. Non Pressure Solar Water Heater
11.8. Basis Point Share (BPS) Analysis by Type
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 Heather Demand Share, 2019-2026
12. Asia Pacific Solar Water Heather 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 Heather 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 Heather Market Size and Volume Forecast by Application
12.4.1. Residential Use
12.4.2. Commercial Use
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Solar Water Heather Market Size and Volume Forecast by Type
12.7.1. Pressurized Solar Water Heater
12.7.2. Non Pressure Solar Water Heater
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 Heather Demand Share, 2019-2026
13. Middle East & Africa Solar Water Heather 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 Heather 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 Heather Market Size and Volume Forecast by Application
13.4.1. Residential Use
13.4.2. Commercial Use
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 Heather Market Size and Volume Forecast by Type
13.7.1. Pressurized Solar Water Heater
13.7.2. Non Pressure Solar Water Heater
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 Heather Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Solar Water Heather Market: Market Share Analysis
14.2. Solar Water Heather Distributors and Customers
14.3. Solar Water Heather 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. Sangle Solar
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. Sole S.A.
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. Sunpower Solar
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
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
