Solar Water Heating Market 2021: Future Growth Study and Strategic Assessment

1. Market Highlights: Solar water heater is a device which provides hot water for industrial, commercial, and residential applications. A solar water heater comprises an array of collectors to collect and store solar energy. There are mainly three types of solar collectors that are used in residential applications such as flat-plate collector, evacuated tube collector, and unglazed water collector. Solar water heater is majorly used to save energy bills. Moreover, the domestic and commercial consumers are entitled to claim renewable heat incentive for generating heat energy. Based on application, the market is segmented as residential, commercial, and industrial. Residential segment is estimated to dominate the market during the forecast period due to the increasing demand for energy efficient water heater and rising investment in construction activities. The installation is majorly taking place in Europe, North America, and Asia Pacific. Considering the type, the market is segmented as pumped and thermosyphon. Thermosyphon accounts for largest share in the solar water heater market due to affordable pricing and convenient usage. The global solar water heater market is expected to grow at ~ 8.50% CAGR during the forecast period. Key Players: The key players of the global solar water heater market are Rheem Manufacturing (US), A.O.Smith (US), SunTank (South Africa), Bradford White Corporation (US), Bosch (Germany), Honeywell Corporation (US), Racold (India), Alternate energy Technologies (US), Viessmann Manufacturing (US), and Wagner Solar (UK), among others. Market Research Analysis: Asia Pacific accounts for the largest market share in the Solar Water Heater Market Region wise, Asia Pacific held the largest market share of the global solar water heater market in 2017. It is estimated that Asia-Pacific region would be the fastest growing market during the forecast period, mainly due to the rising investment in renewable energy sources and high demand for solar water heaters by the residential and commercial complexes. The solar water heater market would be mainly driven by the favorable government regulations against greenhouse gas emissions. Scope of the Report This report provides an in-depth analysis of the global solar water heater market, tracking three market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, and share for North America, Asia-Pacific (APAC), Europe, and Rest of the World. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the solar water heater market by its type, collector type, application, and by region.                  By Type Pumped Thermosyphon By Collector Type Evacuated Tube Collector Flat Plate Collector Unglazed Water Collector By Application Residential Commercial Industrial By Regions North America Asia-Pacific Europe Middle East & Africa South Africa

2. Table Of Contents 1 Executive Summary 2 Market Introduction 2.1 Market Definition 2.2 Scope Of The Study 2.3 Market Structure 3 Research Methodology 3.1 Primary Research 3.2 Secondary Research 3.3 Market Size Estimation 3.4 Forecast Model 3.5 List Of Assumptions 3.6 Limitations Of The Study 4 Market Insights 5 Market Dynamics 5.1 Introduction 5.2 Market Drivers 5.3 Market Restraints 5.4 Market Opportunities 5.5 Porter’s Five Forces Analysis 5.5.1 Threat Of New Entrants 5.5.2 Bargaining Power Of Buyers 5.5.3 Bargaining Power Of Suppliers 5.5.4 Threat Of Substitutes 5.5.5 Intensity Of Rivalry 5.6 Value Chain/Supply Chain Analysis Continued.. List Of Tables Table 1 Global Solar Water Heater Market, By Region, 2020-2027 (USD Million) Table 2 North America Solar Water Heater Market, By Country, 2020-2027 (USD Million) Table 3 Europe Solar Water Heater Market, By Country, 2020-2027 (USD Million) Table 4 Asia-Pacific Solar Water Heater Market, By Country, 2020-2027 (USD Million) Table 5 Middle East & Africa Solar Water Heater Market, By Country, 2020-2027 (USD Million) Table 6 South America Solar Water Heater Market, By Country, 2020-2027 (USD Million) Table 7 Global Solar Water Heater Y Market, By Type, 2020-2027 (USD Million)

3. Table 8 North America Solar Water Heater Market, By Type, 2020-2027 (USD Million) Table 9 Europe Solar Water Heater Market, By Type, 2020-2027 (USD Million) Table 10 Asia-Pacific Solar Water Heater Market, By Type, 2020-2027 (USD Million) Continued.. List Of Figures FIGURE 1 RESEARCH PROCESS OF MRFR FIGURE 2 TOP DOWN & BOTTOM UP APPROACH FIGURE 3 MARKET DYNAMICS FIGURE 4 IMPACT ANALYSIS: MARKET DRIVERS FIGURE 5 IMPACT ANALYSIS: MARKET RESTRAINTS FIGURE 6 PORTER’S FIVE FORCES ANALYSIS FIGURE 7 VALUE CHAIN ANALYSIS FIGURE 8 GLOBAL SOLAR WATER HEATER MARKET SHARE, BY TYPE, 2020 (%) FIGURE 9 GLOBAL SOLAR WATER HEATER MARKET, BY TYPE, 2020-2027 (USD Million) FIGURE 10 GLOBAL SOLAR WATER HEATER MARKET SHARE, BY COLLECTOR TYPE, 2020 (%) Continued… Browse Complete Report @ https://www.marketresearchfuture.com/reports/solar-water-heater- market-7132 About Market Research Future: Market Research Future (MRFR) has created a niche in the world of market research. It is counted among the top market research companies that offer well-researched and updated market research reports and insights to businesses of all sizes. What sets us apart is our super-responsive team that offers quality work keeping clients abridged of the prospective challenges and opportunities in various markets. Our team is adept in their space as well as patiently listens to every client. The best part is they know their work inside out and possess the expertise to guide the client in the right direction and achieve results on a tight deadline. We are a one-stop solution for all your data research needs. Our team does not believe in the “one size fits all” approach to creating a report that is detailed and concise. We handle 13 industry verticals including Healthcare, Chemicals and Materials, Information and Communications Technology, Semiconductor and Electronics, Energy and Power, Food, Beverages & Nutrition, Automobile, Consumer and Retail, Aerospace and Defense, Industrial Automation and Equipment, Packaging & Transport, Construction, and Agriculture. With our unique approach for every market report, we aim to reach the zenith in qualitative business intelligence and syndicated market research. Our Forte  Strong industry focus  Robust methodology  Tailor-made solutions  Disruptive research  Cutting-edge detailed reports  Competitive pricing

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