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

Waste Heat Recovery Systems Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2422 | Report Format:

Waste Heat Recovery Systems Market: Overview In the industrial sectors, there is a huge amount of high energy generated during the several processes of refining; this high amount of energy can be captured and reused by the process of waste heat recovery. The various industrial sectors where this...Read More

Ozone Generators Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2421 | Report Format:

Ozone Generators Market: Overview The ozone generator is a device that helps in the emission of the ozone into the atmosphere. The benefits of the ozone generators are it purifies and cleans the air in the atmosphere and that too without using chemicals. It kills the bacteria, viruses, removes a...Read More

Waste Recycling Services Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2420 | Report Format:

Waste Recycling Services Market: Overview In the recent years, there has been a significant amount of growth in the production of the waste. Efforts are being made by several regions in order to recycle and reuse the waste materials in order to save their resources. There are many organizations ...Read More

Aviation Biofuel Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2384 | Report Format:

Aviation Biofuel Market: Overview The first generation aviation biofuel could not meet up the price expectations thus the second generation sustainable biofuel was developed. The market for the aviation biofuel provides alternative for the traditional jet fuel; it is generated from the plant mat...Read More

Low Voltage Cable Market (By End Users: Infrastructure, Utilities, Oil & Gas, Industrial, Renewable & Others; For Overhead And Underground Applications): Global Industry Perspective, Comprehensive Analysis, And Forecast, 2016 – 2022

Oct-2017 | Price : $ 4199.00 | Pages: 120 | Report Code: ZMR-2381 | Report Format:

The report covers forecast and analysis for the low voltage cable market on a global and regional level. The study provides historical data from 2014 to 2016 along with a forecast from 2017 to 2022 based on revenue (USD billion). The study includes drivers and restraints for the low voltage cable ...Read More

Choose License Type:
Latest Published Reports

View All Published Reports