Solar Water Heater Market - Industry Analysis, Size, Share, Growth, Trends and Forecast, 2024
Category: #world  By Ashwin Naphade  Date: 2019-01-28
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Solar Water Heater Market - Industry Analysis, Size, Share, Growth, Trends and Forecast, 2024

Market Study Report, LLC, has come up with a report on the Solar Water Heater market which provides a holistic synopsis of the market size, market valuation, revenue estimate, SWOT analysis, and the geographical spectrum of this industry. The report accurately underlines the key challenges and opportunities for growth during the forecast period. In addition, it sheds light on the current competitive scenario and reviews the business strategies adopted by the Solar Water Heater market players.

China solar water heater market is predicted to exceed 45GWth by 2024. Introduction of green building regulations and standards to curb greenhouse gas emissions will positively impact the business landscape. Technological innovation in evacuated tube collector design to reduce the cost and improve efficiency of solar thermal system will further boost the product demand.    

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Solar Water Heater Market will cross USD 4 billion by 2024, according to a new research report. Rising concern to maintain fossil fuel sustainability along with stringent government norms to reduce carbon emissions will stimulate the solar water heater market growth. Introduction of several targets to reduce carbon emissions and encourage the development of renewable energy will further complement the industry growth. In 2016, the government of UK sets target to reduce carbon emissions up to 57% by 2030 from 1990 levels.

Italy in 2016, accounted for over 5% of the Europe solar water heater market share. Introduction of building code with an aim to reduce the overall emissions will further boost the product demand. In March 2011, the government of Italy introduced law number 28 according to which all new building and buildings that are under construction have been required to fulfil up to 50% of hot water demand with renewable energies since June 2012.

Increasing investment toward renewable energy development will augment the Jordan solar water heater market. In 2016, the EU invested USD 170.56 million to support the development of green energy including Renewable Energy and Energy Efficiency II program in Jordan under the 2014-2017 bilateral strategy.

Thermosyphon solar water heater market is predicted to witness strong growth owing to its wide application across commercial and residential buildings. Cost effectiveness, ease of installation and simple design are some of the primary benefits which will boost the product penetration.

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Industry giants across solar water heater market include Wagner, Bosch, Alternate Energy Technologies, V Guard Industries, Himin Solar Energy, SunTank, Viessmann, EMMVEE, Rinnai, Chromagen, Linuo Ritter, A.O. Smith, Rheem, Racold and Bradford White.

 

Table of Content:

Chapter 1.  Methodology and Scope

1.1. Methodology

1.1.1.   Initial data exploration

1.1.2.   Statistical model and forecast

1.1.3.   Industry insights and validation

1.1.4.   Market definition and forecast parameters

1.2. Data sources

1.2.1.   Primary

1.2.2.   Secondary

Chapter 2.  Executive Summary

2.1. Solar water heater industry 360 degree synopsis, 2013 – 2024

2.1.1.   Business trends

2.1.2.   Collector trends

2.1.3.   System trends

2.1.4.   Application trends

2.1.5.   Regional trends

Chapter 3. Solar Water Heater Industry Insights

3.1. Industry segmentation

3.2. Industry landscape, 2013 – 2024

3.3. Industry ecosystem analysis

3.3.1.   Vendor matrix

3.4. Innovation & sustainability

3.5. Cost benefit analysis of solar water heater

3.6. Solar water heater component cost structure

3.7. Price trend analysis, By Region

3.7.1.   North America

3.7.2.   Europe

3.7.3.   Asia Pacific

3.7.4.   China

3.7.5.   Middle East and Africa

3.7.6.   Latin America

3.8. Regulatory landscape

3.8.1.   U.S.

3.8.2.   UK

3.8.3.   Germany

3.8.4.   China

3.8.5.   Australia

3.8.6.   Chile

3.8.7.   South Africa

3.9. EU contribution in RES deployment, 2005-2018

3.10.      Cost comparative analysis:

3.10.1. Solar Water Heater

3.10.2. Electric Water Heater

3.10.3. Gas Water Heater

3.11. Industry impact forces

3.11.1. Growth drivers

3.11.2. North America

3.11.2.1.   Growing demand for energy efficient water heaters

3.11.3. Europe

3.11.3.1.   Rising demand for replacement of existing water heaters

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About Author

Ashwin Naphade

Email: [email protected]   

Ashwin Naphade

Ashwin is into digital marketing since the last 2 years and has worked on multiple projects across various industries. He likes posting information and knowledge on multiple topics with an objective to create online visibility as well as share his inputs. His interest...

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