Solar Water Heater Market: Industry Perspective, Comprehensive Analysis and Forecast, 2015 – 2021

Report Code: ZMR-160 | Report Format : | Status : Upcoming |

Abstract

The conversion of sunlight into a renewable energy for the purpose of heating the water using a solar thermal collector is called as solar water heating (SWH). The systems used in the solar water heating process comprise different technologies that are used worldwide. SWH systems are designed in order to deliver hot water for most of the year. In order to heat water using solar energy, a collector is generally fixed to a roof or a wall facing the sun. This collector heats a working fluid which is either pumped or driven by natural convection.

The hot water delivered by the solar water systems is used for various household activities such as washing, bathing, and cleaning. Besides the domestic use of solar water heater, it is also widely used in commercial places such as hotels and public institutions. Different advancements in the field of solar water heater are making it as one of the preferable choices among manufacturing industries.

On the basis of type, the global solar water heating system is broadly segmented as direct solar water heating systems, indirect solar water heating systems, active solar water-heating systems, and passive solar water heating systems. Direct or open loop systems circulate potable water through the collectors. They are relatively cheap but may have some drawbacks. Indirect or closed loop systems use a heat exchanger that separates the usable water from the fluid that circulates through the collector. The fluid in the heat exchanger is also known as the heat-transfer fluid (HTF). Passive systems depend on heat-driven convection or heat pipes for circulating water or heating fluid in the system. These systems are cheap to have extremely low or no maintenance at all. Active systems use one or more pumps to circulate water or heating fluid in the system.

High demand for hot water for commercial and household use of water from hotels, institutions, and hospitals is one of the key market drivers boosting the growth of the global solar water heating market. Rising demand for the solar water heating systems is also impacting the growth of the market in a positive way. Cost-effectiveness and reduced dependence on other fossil fuels are the advantages provided by solar water heating systems. Conversely, lack of consumer awareness act as is one of the market restraints.

China is the largest market for solar water heating systems consuming the largest share of the market followed by India, Japan, and Australia. Owing to the large potential of solar power generation, Asia-Pacific is the fastest growing market.

Major players in the global solar water heating market are Azure Power India, Central Electronics, Chemtrols Solar, Emmvee Solar Systems, Euro Multivision, Indosolar, and Jupiter Solar Power. Other key players dominating the global market are Lanco Solar Private, Mahindra Solar One, Moser Baer Photovoltaic, Photon Energy Systems, PLG Power, Surana Ventures, Tata Power Solar Systems, Vikram Solar, Websol Energy System, and XL Energy.

Solar Water Heater Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany 
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

Related Reports

Smart Grid Market by Technology (Advanced Metering Infrastructure, Distribution Automation, Software & Hardware, Communication Service, Cyber Security, and Transmission Upgrades) and by Service (Consulting, Deployment & Integration, and Support & Maintenance): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2024

Dec-2018 | Price : $ 4899.00 | Pages: 110 | Report Code: ZMR-3603 | Report Format:

The report covers a forecast and an analysis of the smart grid market on a global and regional level. The study provides historical data for 2015, 2016, and 2017 along with a forecast from 2018 to 2024 based on revenue (USD Billion). The study includes drivers and restraints for the smart grid mar...Read More

Mining Equipment Market by Product (Mineral Processing Equipment, Surface Mining Equipment, Mining Drills & Breakers, Underground Mining Equipment, Crushing, Pulverizing, & Screening Equipment, and Others) and by Application (Metal Mining, Mineral Mining, and Coal Mining): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2017–2024

Dec-2018 | Price : $ 4899.00 | Pages: 110 | Report Code: ZMR-3590 | Report Format:

The report covers a forecast and an analysis of the mining equipment market on a global and regional level. The study provides historical data from 2015 to 2017 along with a forecast from 2018 to 2024 based on volume (K Units) and revenue (USD Billion). The study includes drivers and restraints fo...Read More

Energy As A Service Market by Service Type (Generation, Operation & Maintenance, and Energy Efficiency & Optimization) and by End-User (Industrial and Commercial): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2024

Nov-2018 | Price : $ 4899.00 | Pages: 110 | Report Code: ZMR-3576 | Report Format:

The report covers forecast and analysis for the energy as a service market on a global and regional level. The study provides historical data from 2015 to 2017 along with a forecast from 2018 to 2024 based on revenue (USD Million). The study includes drivers and restraints for the energy as a serv...Read More

Coal Gasification Market By Application (Fuel Gas, Feedstock, Power Generation, Fertilizer, and Chemical Making), and By Process Type (Moving Bed, Fluidized Bed, Entrained Bed, and Molten Bed): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2017–2026

Nov-2018 | Price : $ 4899.00 | Pages: 210 | Report Code: ZMR-3570 | Report Format:

The report analyzes and forecasts the coal gasification market on the basis of application, process type, and region. The study shows past data from 2014 to 2017 along with a forecast from 2018 to 2026 based on volume (Megawatts). Assessment of market dynamics gives a brief thought about the drive...Read More

Essential Fatty Acids Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2018–2024

Price : $ 3999.00 | Report Code: ZMR-3545 | Report Format:

Global Essential Fatty Acids Market: Overview Essential fatty acids are fatty acids that animals and humans must need for good health. However, they cannot produce these acids on their own. Essential fatty acids are required for biological processes, but do not include the fats that only act as ...Read More

Download Brochure
Why Choose Us ?

24/5 Research support

Resolved your research queries from industry expert. Request for a free research sample before report purchase.

Custom research service

Ask the Analyst to customize an exclusive study to serve your research needs.

Quality & Accuracy

Zion Market Research reports offers best quality reports based on various authentic and accurate data findings.

Customer Satisfaction

We ensure that our client's all research needs are met with customized, in-depth analysis solutions.

Information security

We never share your personal and confidential information. Your personal information is safe and secure with us.