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Global Solar Water Heater Market by Type (Glazed and Unglazed), Capacity (100L, 150L, 200L, and Others), and End User (Residential, Industrial, and Commercial): Opportunity Analysis and Industry Forecast, 2020–2027

A07957
Pages: 301
Nov 2020 | 1033 Views
 
Author(s) : Ayushi Choudhary, Sagnik Chatterjee , Eswara Prasad
Tables: 188
Charts: 48
 

COVID-19

Pandemic disrupted the entire world and affected many industries.

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Solar Water Heater Market Statistics - 2027

The global solar water heater market was valued at $4.7 billion in 2019, and is projected to reach $6.7 billion by 2027, growing at a CAGR of 6.1% from 2020 to 2027. Solar water heater is a device, which captures sunlight to heat water. It collects heat with the help of solar collector, and the heat is passed to water tank with the help of a circulating pump. It helps in energy consumption as solar power is free in contrast to natural resources such as natural gas or fossil fuels. However, a back-up heating system is required when there is insufficient luminosity. The cost of solar water heater is around $3,000 to $7,000 for a fully-integrated system. This is widely used in residential, commercial, and industrial areas.

The global solar water heater market has no significant impact of Covid-19 unlike conventional water heaters. However, the shortage of manpower and social distancing norms delayed new solar water heater installations.

Significant surge in demand for eco-friendly and cost-effective energy solutions for water heating is expected to drive the market growth. Solar water heaters work on the principle of zero emission and zero consumption of natural resources. For instance, the sun shining on 1m² of roof replaces 100 liters of heating oil or 100m³ of natural gas. In addition, rise in concern from governments on increased global warming issues is expected to further enhance the demand for solar water heaters. Governments across different countries offer rebate and incentive schemes on installation of solar water heating systems. For instance, all residential and commercial areas in Victoria, Australia rebates are worth up to $700 depending on the type and size of the system installed. Furthermore, robust investments from industry players in solar water heater business are expected to propel the market growth over the forecast timeframe. However, solar water heating needs large roof area and direct exposure to sunlight as it may not function on cloudy or foggy days. Nonetheless, advancements in back up energy systems maintaining performance on cloudy days are projected to create lucrative opportunities in the market. 

Solar-Water-Heater-Market-2020-2027

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The global solar water heater market is segmented on the basis of type, capacity, and end user. On the basis of type, it is divided into glazed and unglazed. Based on capacity, it is categorized into 100 liter, 150 liter, 200 liter, and others. Based on end user, it is segmented into residential, industrial, and commercial. Region-wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA, with country level analysis of each region.

Major players have adopted product launch, business expansion, and acquisition to sustain the intense market competition. The key players profiled in the report include Himin Solar Energy Group, V-Guard Industries Ltd, Ariston Thermo SpA, KODSAN Company, Solav Energy, Zhejiang JiaDeLe Solar Co., Ltd., SunPower Corporation, A.O. Smith, and Alternate Energy Technologies.

Global Solar Water Heater Market
By Region

2027
Asia-pacific 
North America
Europe
Lamea

LAMEA exhibits CAGR of 8.0% during 2020-2027

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Global Solar Water Heater Market, By Region

Asia pacific accounted for highest revenue share and highest market growth, owing to favorable government measures and policies to promote solar power technologies for residential and commercial places.

Global Solar Water Heater Market
By Type

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Glazed Solar Water Heater is projected as the most lucrative segment

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Global Solar Water Heater Market, By Type

The glazed water heater segment accounted for significant market share, owing to high efficiency of glazed collectors. Glazed water heater can absorb much sunlight than unglazed water heater, which makes it suitable for different climates throughout the year.

Global Solar Water Heater Market
By Capacity

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Others segment is projected as the most lucrative segment

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Global Solar Water Heater Market, By Capacity

Solar water heater of 200 liter capacity accounted for highest market share. This is attributed to rise in demand from the residential sector for various small scale applications in household. Solar water heater of 200 liter capacity is sufficient for a family of 3 members in residential buildings.

Global Solar Water Heater Market
By End-User

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Industrial end-user is projected as the most lucrative segment

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Solar Water Heater Market, By End User

The residential solar water heater segment accounted for significant market share, owing to rise in investment in the construction sector in re-establishment and refurbishment of buildings. The commercial solar water heater segment is expected to witness steady growth. This is attributed to increase in investments in the development of shopping centers and education institutions with solar roof panels. In addition, launch of new green building codes, such as Energy Conservation Building Code (ECBC), in India is anticipated to further complement the business growth.

COVID-19 scenario analysis:

  • The global solar water heater market has no immediate impact unlike other conventional electric or gas water heaters.
  • However, shortage of manpower and social distancing norms delayed new installations. 
  • In addition, the sharp decline in consumer expenditure highly affected the demand. Reduced expenditure of consumers during the lockdown highly impacted the market for solar products, including various solar panels and solar collectors.
  • Moreover, the upstream and downstream channels have been affected due to restrictions on movement, which lead to increase in the amount of inventories.
  • Furthermore, high dependency on Chinese exports for solar cell and solar module negatively impacted the market. India imports around 80% of its solar cells and modules from China. Since the manufacturing firms in China were idle for the last 6-7 months, it highly impacted the production process in India.

Key benefits for stakeholders:

  • The global solar water heater market analysis covers in-depth information of major industry participants.
  • Porter’s five forces analysis helps to analyze the potential of buyers & suppliers and the competitive scenario of the industry for strategy building.
  • Major countries have been mapped according to their individual revenue contribution to the regional market.
  • The report provides in-depth analysis of the global solar water heater market for the period 2020–2027.
  • The report outlines the current solar water heater market trends and future estimations of the market from 2019 to 2027 to understand the prevailing opportunities and potential investment pockets. 
  • Key drivers, restraints, & opportunities and their detailed impact analysis of the global solar water heater market are explained in the study.

Key market segments 

By Type

  • Glazed
  • Unglazed

By Capacity

  • 100L
  • 150L
  • 200L
  • Others

By End User

  • Residential
  • Industrial
  • Commercial

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • Spain
    • Italy
    • Austria
    • Rest of Europe
  • Asia-Pacific
    • China
    • India
    • Australia
    • Turkey
    • Rest of Asia-Pacific
  • LAMEA
    • Brazil
    • South Africa
    • Rest of LAMEA
 

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology

1.4.1.Primary research
1.4.2.Secondary research
1.4.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.Key findings of the study
2.2.CXO perspective

CHAPTER 3:MARKET LANDSCAPE

3.1.Market definition and scope
3.2.Key findings

3.2.1.Top investment pockets

3.3.Porter's five forces analysis
3.4.Market share analysis & Top player positioning, 2019

3.4.1.Top player positioning, 2019

3.5.Market dynamics

3.5.1.Drivers

3.5.1.1.Surge in demand for cost effective and eco-friendly energy solutions
3.5.1.2.Substantial government policies for various rebate and energy schemes

3.5.2.Restraint

3.5.2.1.Large roof area for solar water heating

3.5.3.Opportunity

3.5.3.1.Advancements in energy back up systems for solar water heater

3.6.Impact of Covid-19 Outburst on Solar Water Heater Market

CHAPTER 4:SOLAR WATER HEATER MARKET, BY TYPE

4.1.Overview

4.1.1.Market size and forecast

4.2.Glazed

4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast, by region

4.3.Unglazed

4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, by region

CHAPTER 5:SOLAR WATER HEATER MARKET, BY CAPACITY

5.1.Overview

5.1.1.Market size and forecast

5.2.100 L

5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, by region

5.3.150 Liter

5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast, by region

5.4.200 Liter

5.4.1.Key market trends, growth factors, and opportunities
5.4.2.Market size and forecast, by region

5.5.Others

5.5.1.Key market trends, growth factors, and opportunities
5.5.2.Market size and forecast, by region

CHAPTER 6:SOLAR WATER HEATER MARKET, BY END-USER

6.1.Overview

6.1.1.Market size and forecast

6.2.Residential

6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Market size and forecast, by region

6.3.Commercial

6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast, by region

6.4.Industrial

6.4.1.Key market trends, growth factors, and opportunities
6.4.2.Market size and forecast, by region

CHAPTER 7:SOLAR WATER HEATER MARKET, BY REGION

7.1.Overview

7.1.1.Market size and forecast

7.2.North America

7.2.1.Key market trends, growth factors, and opportunities
7.2.2.Market size and forecast, by Type
7.2.3.Market size and forecast, by Capacity
7.2.4.Market size and forecast, by End-User
7.2.5.Market share analysis, by country

7.2.5.1.U.S.

7.2.5.1.1.Market size and forecast, by Type
7.2.5.1.2.Market size and forecast, by Capacity
7.2.5.1.3.Market size and forecast, by End-User

7.2.5.2.Canada

7.2.5.2.1.Market size and forecast, by Type
7.2.5.2.2.Market size and forecast, by Capacity
7.2.5.2.3.Market size and forecast, by End-User

7.2.5.3.Mexico

7.2.5.3.1.Market size and forecast, by Type
7.2.5.3.2.Market size and forecast, by Capacity
7.2.5.3.3.Market size and forecast, by End-User

7.3.Europe

7.3.1.Key market trends, growth factors, and opportunities
7.3.2.Market size and forecast, by Type
7.3.3.Market size and forecast, by Capacity
7.3.4.Market size and forecast, by End-User
7.3.5.Market share analysis, by country

7.3.5.1.Germany

7.3.5.1.1.Market size and forecast, by Type
7.3.5.1.2.Market size and forecast, by Capacity
7.3.5.1.3.Market size and forecast, by End-User

7.3.5.2.Spain

7.3.5.2.1.Market size and forecast, by Type
7.3.5.2.2.Market size and forecast, by Capacity
7.3.5.2.3.Market size and forecast, by End-User

7.3.5.3.Italy

7.3.5.3.1.Market size and forecast, by Type
7.3.5.3.2.Market size and forecast, by Capacity
7.3.5.3.3.Market size and forecast, by End-User

7.3.5.4.Austria

7.3.5.4.1.Market size and forecast, by Type
7.3.5.4.2.Market size and forecast, by Capacity
7.3.5.4.3.Market size and forecast, by End-User

7.3.5.5.Rest of Europe

7.3.5.5.1.Market size and forecast, by Type
7.3.5.5.2.Market size and forecast, by Capacity
7.3.5.5.3.Market size and forecast, by End-User

7.4.Asia-Pacific

7.4.1.Key market trends, growth factors, and opportunities
7.4.2.Market size and forecast, by Type
7.4.3.Market size and forecast, by Capacity
7.4.4.Market size and forecast, by End-User
7.4.5.Market share analysis, by country

7.4.5.1.China

7.4.5.1.1.Market size and forecast, by Type
7.4.5.1.2.Market size and forecast, by Capacity
7.4.5.1.3.Market size and forecast, by End-User

7.4.5.2.India

7.4.5.2.1.Market size and forecast, by Type
7.4.5.2.2.Market size and forecast, by Capacity
7.4.5.2.3.Market size and forecast, by End-User

7.4.5.3.Australia

7.4.5.3.1.Market size and forecast, by Type
7.4.5.3.2.Market size and forecast, by Capacity
7.4.5.3.3.Market size and forecast, by Capacity

7.4.5.4.Turkey

7.4.5.4.1.Market size and forecast, by Type
7.4.5.4.2.Market size and forecast, by Capacity
7.4.5.4.3.Market size and forecast, by End-User

7.4.5.5.Rest of Asia-Pacific

7.4.5.5.1.Market size and forecast, by Type
7.4.5.6.Market size and forecast, by Capacity
7.4.5.6.1.Market size and forecast, by End-User

7.5.LAMEA

7.5.1.Key market trends, growth factors, and opportunities
7.5.2.Market size and forecast, by Type
7.5.3.Market size and forecast, by Capacity
7.5.4.Market size and forecast, by End-User
7.5.5.Market share analysis, by country

7.5.5.1.Brazil

7.5.5.1.1.Market size and forecast, by Type
7.5.5.1.2.Market size and forecast, by Capacity
7.5.5.1.3.Market size and forecast, by End-User

7.5.5.2.South Africa

7.5.5.2.1.Market size and forecast, by Type
7.5.5.2.2.Market size and forecast, by Capacity
7.5.5.2.3.Market size and forecast, by End-User

7.5.5.3.Rest of LAMEA

7.5.5.3.1.Market size and forecast, by Type
7.5.5.3.2.Market size and forecast, by Capacity
7.5.5.3.3.Market size and forecast, by End-User

CHAPTER 8:COMPETITIVE LANDSCAPE

8.1.Introduction
8.2.Product mapping of top 10 players
8.3.Competitive Heatmap
8.4.Key development

8.4.1.Acquisition

CHAPTER 9:COMPANY PROFILES

9.1.Himin Solar Energy Group

9.1.1.Company overview
9.1.2.Company Snapshot
9.1.3.Operating business segments
9.1.4.Product Portfolio

9.2.V-Guard Industries Ltd

9.2.1.Company overview
9.2.2.Company Snapshot
9.2.3.Operating business segments
9.2.4.Product portfolio
9.2.5.Business performance

9.3.Ariston Thermo SpA

9.3.1.Company overview
9.3.2.Company snapshot
9.3.3.Operating business segments
9.3.4.Product Portfolio
9.3.5.Business performance
9.3.6.Key strategic moves and developments

9.4.KODSAN

9.4.1.Company overview
9.4.2.Company snapshot
9.4.3.Operating business segments
9.4.4.Product Portfolio

9.5.Solav Energy

9.5.1.Company overview
9.5.2.Company snapshot
9.5.3.Operating business segments
9.5.4.Product Portfolio

9.6.Zhejiang JiaDeLe Solar Energy Co., Ltd.

9.6.1.Company overview
9.6.2.Company snapshot
9.6.3.Operating business segments
9.6.4.Product Portfolio

9.7.Solahart

9.7.1.Company overview
9.7.2.Company snapshot
9.7.3.Operating business segments
9.7.4.Product portfolio

9.8.Jiangsu Sunpower Solar Technology Co.,ltd

9.8.1.Company overview
9.8.2.Company snapshot
9.8.3.Operating business segments
9.8.4.Product Portfolio

9.9.A. O. Smith India Water Products Pvt. Ltd.

9.9.1.Company overview
9.9.2.Company snapshot
9.9.3.Operating business segments
9.9.4.Product portfolio
9.9.5.Business performance

9.10.Alternate Energy Technologies

9.10.1.Company overview
9.10.2.Company snapshot
9.10.3.Operating business segments
9.10.4.Product portfolio

LIST OF TABLES

TABLE 01.SOLAR WATER HEATER MARKET, BY TYPE, 2019–2027 (UNITS)
TABLE 02.SOLAR WATER HEATER MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 03.SOLAR WATER HEATER MARKET FOR GLAZED TYPE, BY REGION, 2019–2027 (UNITS)
TABLE 04.SOLAR WATER HEATER MARKET FOR GLAZED TYPE, BY REGION, 2019–2027 ($MILLION)
TABLE 05.SOLAR WATER HEATER MARKET FOR UNGLAZED TYPE, BY REGION, 2019–2027 (UNITS)
TABLE 06.SOLAR WATER HEATER MARKET FOR UNGLAZED TYPE, BY REGION, 2019–2027 ($MILLION)
TABLE 07.SOLAR WATER HEATER MARKET, BY CAPACITY, 2019–2027 (UNITS)
TABLE 08.SOLAR WATER HEATER MARKET, BY CAPACITY, 2019–2027 ($MILLION)
TABLE 09.SOLAR WATER HEATER MARKET FOR 100 LITER CAPACITY, BY REGION, 2019–2027 (UNITS)
TABLE 10.SOLAR WATER HEATER MARKET FOR 100 LITER CAPACITY, BY REGION, 2019–2027 ($MILLION)
TABLE 11.SOLAR WATER HEATER MARKET FOR 150 LITER CAPACITY, BY REGION, 2019–2027 (UNITS)
TABLE 12.SOLAR WATER HEATER MARKET FOR 150 LITER CAPACITY, BY REGION, 2019–2027 ($MILLION)
TABLE 13.SOLAR WATER HEATER MARKET FOR 200 LITER CAPACITY, BY REGION, 2019–2027 (UNITS)
TABLE 14.SOLAR WATER HEATER MARKET FOR 200 LITER CAPACITY, BY REGION, 2019–2027 ($MILLION)
TABLE 15.SOLAR WATER HEATER MARKET FOR OTHERS, BY REGION, 2019–2027 (UNITS)
TABLE 16.SOLAR WATER HEATER MARKET FOR OTHERS, BY REGION, 2019–2027 ($MILLION)
TABLE 17.SOLAR WATER HEATER MARKET, BY END-USER, 2019–2027 (UNITS)
TABLE 18.SOLAR WATER HEATER MARKET, BY END-USER, 2019–2027 ($MILLION)
TABLE 19.SOLAR WATER HEATER MARKET FOR RESIDENTIAL END-USER, BY REGION, 2019–2027 (UNITS)
TABLE 20.SOLAR WATER HEATER MARKET FOR RESIDENTIAL END-USER, BY REGION, 2019–2027 ($MILLION)
TABLE 21.SOLAR WATER HEATER MARKET FOR COMMERCIAL END-USER, BY REGION, 2019–2027 (UNITS)
TABLE 22.SOLAR WATER HEATER MARKET FOR COMMERCIAL END-USER, BY REGION, 2019–2027 ($MILLION)
TABLE 23.SOLAR WATER HEATER MARKET FOR INDUSTRIAL END-USER, BY REGION, 2019–2027 (UNITS)
TABLE 24.SOLAR WATER HEATER MARKET FOR INDUSTRIAL END-USER, BY REGION, 2019–2027 ($MILLION)
TABLE 25.SOLAR WATER HEATER MARKET, BY REGION, 2020-2027 (UNITS)
TABLE 26.SOLAR WATER HEATER MARKET, BY REGION, 2020-2027 ($MILLION)
TABLE 27.NORTH AMERICA SOLAR WATER HEATER MARKET, BY TYPE, 2019–2027 (UNITS)
TABLE 28.NORTH AMERICA SOLAR WATER HEATER MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 29.NORTH AMERICA SOLAR WATER HEATER MARKET, BY CAPACITY, 2019–2027 (UNITS)
TABLE 30.NORTH AMERICA SOLAR WATER HEATER MARKET, BY CAPACITY, 2019–2027 ($MILLION)
TABLE 31.NORTH AMERICA SOLAR WATER HEATER MARKET, BY END-USER, 2019–2027 (UNITS)
TABLE 32.NORTH AMERICA SOLAR WATER HEATER MARKET, BY END-USER, 2019–2027 ($MILLION)
TABLE 33.NORTH AMERICA SOLAR WATER HEATER MARKET, BY COUNTRY, 2019–2027 (UNITS)
TABLE 34.NORTH AMERICA SOLAR WATER HEATER MARKET, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 35.U.S. SOLAR WATER HEATER MARKET, BY TYPE, 2019–2027 (UNITS)
TABLE 36.U.S. SOLAR WATER HEATER MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 37.U.S. SOLAR WATER HEATER MARKET, BY CAPACITY, 2019–2027 (UNITS)
TABLE 38.U.S. SOLAR WATER HEATER MARKET, BY CAPACITY, 2019–2027 ($MILLION)
TABLE 39.U.S. SOLAR WATER HEATER MARKET, BY END-USER, 2019–2027 (UNITS)
TABLE 40.U.S. SOLAR WATER HEATER MARKET, BY END-USER, 2019–2027 ($MILLION)
TABLE 41.CANADA SOLAR WATER HEATER MARKET, BY TYPE , 2019–2027 (UNITS)
TABLE 42.CANADA SOLAR WATER HEATER MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 43.CANADA SOLAR WATER HEATER MARKET, BY CAPACITY, 2019–2027 (UNITS)
TABLE 44.CANADA SOLAR WATER HEATER MARKET, BY CAPACITY, 2019–2027 ($MILLION)
TABLE 45.CANADA SOLAR WATER HEATER MARKET, BY END-USER, 2019–2027 (UNITS)
TABLE 46.CANADA SOLAR WATER HEATER MARKET, BY END-USER, 2019–2027 ($MILLION)
TABLE 47.MEXICO SOLAR WATER HEATER MARKET, BY TYPE, 2019–2027 (UNITS)
TABLE 48.MEXICO SOLAR WATER HEATER MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 49.MEXICO SOLAR WATER HEATER MARKET, BY CAPACITY, 2019–2027 (UNITS)
TABLE 50.MEXICO SOLAR WATER HEATER MARKET, BY CAPACITY, 2019–2027 ($MILLION)
TABLE 51.MEXICO SOLAR WATER HEATER MARKET, BY END-USER, 2019–2027 (UNITS)
TABLE 52.MEXICO SOLAR WATER HEATER MARKET, BY END-USER, 2019–2027 ($MILLION)
TABLE 53.EUROPE SOLAR WATER HEATER MARKET, BY TYPE, 2019–2027 (UNITS)
TABLE 54.EUROPE SOLAR WATER HEATER MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 55.EUROPE SOLAR WATER HEATER MARKET, BY CAPACITY, 2019–2027 (UNITS)
TABLE 56.EUROPE SOLAR WATER HEATER MARKET, BY CAPACITY, 2019–2027 ($MILLION)
TABLE 57.EUROPE SOLAR WATER HEATER MARKET, BY END-USER, 2019–2027 (UNITS)
TABLE 58.EUROPE SOLAR WATER HEATER MARKET, BY END-USER, 2019–2027 ($MILLION)
TABLE 59.EUROPE SOLAR WATER HEATER MARKET, BY COUNTRY, 2019–2027 (UNITS)
TABLE 60.EUROPE SOLAR WATER HEATER MARKET, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 61.GERMANY SOLAR WATER HEATER MARKET, BY TYPE, 2019–2027 (UNITS)
TABLE 62.GERMANY SOLAR WATER HEATER MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 63.GERMANY SOLAR WATER HEATER MARKET, BY CAPACITY, 2019–2027 (UNITS)
TABLE 64.GERMANY SOLAR WATER HEATER MARKET, BY CAPACITY, 2019–2027 ($MILLION)
TABLE 65.GERMANY SOLAR WATER HEATER MARKET, BY END-USER, 2019–2027 (UNITS)
TABLE 66.GERMANY SOLAR WATER HEATER MARKET, BY END-USER, 2019–2027 ($MILLION)
TABLE 67.SPAIN SOLAR WATER HEATER MARKET, BY TYPE, 2019–2027 (UNITS)
TABLE 68.SPAIN SOLAR WATER HEATER MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 69.SPAIN SOLAR WATER HEATER MARKET, BY CAPACITY, 2019–2027 (UNITS)
TABLE 70.SPAIN SOLAR WATER HEATER MARKET, BY CAPACITY, 2019–2027 ($MILLION)
TABLE 71.SPAIN SOLAR WATER HEATER MARKET, BY END-USER, 2019–2027 (UNITS)
TABLE 72.SPAIN SOLAR WATER HEATER MARKET, BY END-USER, 2019–2027 ($MILLION)
TABLE 73.ITALY SOLAR WATER HEATER MARKET, BY TYPE, 2019–2027 (UNITS)
TABLE 74.ITALY SOLAR WATER HEATER MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 75.ITALY SOLAR WATER HEATER MARKET, BY CAPACITY, 2019–2027 (UNITS)
TABLE 76.ITALY SOLAR WATER HEATER MARKET, BY CAPACITY, 2019–2027 ($MILLION)
TABLE 77.ITALY SOLAR WATER HEATER MARKET, BY END-USER, 2019–2027 (UNITS)
TABLE 78.ITALY SOLAR WATER HEATER MARKET, BY END-USER, 2019–2027 ($MILLION)
TABLE 79.AUSTRIA SOLAR WATER HEATER MARKET, BY TYPE, 2019–2027 (UNITS)
TABLE 80.AUSTRIA SOLAR WATER HEATER MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 81.AUSTRIA SOLAR WATER HEATER MARKET, BY CAPACITY, 2019–2027 (UNITS)
TABLE 82.AUSTRIA SOLAR WATER HEATER MARKET, BY CAPACITY, 2019–2027 ($MILLION)
TABLE 83.AUSTRIA SOLAR WATER HEATER MARKET, BY END-USER, 2019–2027 (UNITS)
TABLE 84.AUSTRIA SOLAR WATER HEATER MARKET, BY END-USER, 2019–2027 ($MILLION)
TABLE 85.REST OF EUROPE SOLAR WATER HEATER MARKET, BY TYPE, 2019–2027 (UNITS)
TABLE 86.REST OF EUROPE SOLAR WATER HEATER MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 87.REST OF EUROPE SOLAR WATER HEATER MARKET, BY CAPACITY, 2019–2027 (UNITS)
TABLE 88.REST OF EUROPE SOLAR WATER HEATER MARKET, BY CAPACITY, 2019–2027 ($MILLION)
TABLE 89.REST OF EUROPE SOLAR WATER HEATER MARKET, BY END-USER, 2019–2027 (UNITS)
TABLE 90.REST OF EUROPE SOLAR WATER HEATER MARKET, BY END-USER, 2019–2027 ($MILLION)
TABLE 91.ASIA-PACIFIC SOLAR WATER HEATER MARKET, BY TYPE, 2019–2027 (UNITS)
TABLE 92.ASIA-PACIFIC SOLAR WATER HEATER MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 93.ASIA-PACIFIC SOLAR WATER HEATER MARKET, BY CAPACITY, 2019–2027 (UNITS)
TABLE 94.ASIA-PACIFIC SOLAR WATER HEATER MARKET, BY CAPACITY, 2019–2027 ($MILLION)
TABLE 95.ASIA-PACIFIC SOLAR WATER HEATER MARKET, BY END-USER, 2019–2027 (UNITS)
TABLE 96.ASIA-PACIFIC SOLAR WATER HEATER MARKET, BY END-USER, 2019–2027 ($MILLION)
TABLE 97.ASIA-PACIFIC SOLAR WATER HEATER MARKET, BY COUNTRY, 2019–2027 (UNITS)
TABLE 98.ASIA-PACIFIC SOLAR WATER HEATER MARKET, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 99.CHINA SOLAR WATER HEATER MARKET, BY TYPE, 2019–2027 (UNITS)
TABLE 100.CHINA SOLAR WATER HEATER MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 101.CHINA SOLAR WATER HEATER MARKET, BY CAPACITY, 2019–2027 (UNITS)
TABLE 102.CHINA SOLAR WATER HEATER MARKET, BY CAPACITY, 2019–2027 ($MILLION)
TABLE 103.CHINA SOLAR WATER HEATER MARKET, BY END-USER, 2019–2027 (UNITS)
TABLE 104.CHINA SOLAR WATER HEATER MARKET, BY END-USER, 2019–2027 ($MILLION)
TABLE 105.INDIA SOLAR WATER HEATER MARKET, BY TYPE, 2019–2027 (UNITS)
TABLE 106.INDIA SOLAR WATER HEATER MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 107.INDIA SOLAR WATER HEATER MARKET, BY CAPACITY, 2019–2027 (UNITS)
TABLE 108.INDIA SOLAR WATER HEATER MARKET, BY CAPACITY, 2019–2027 ($MILLION)
TABLE 109.INDIA SOLAR WATER HEATER MARKET, BY END-USER, 2019–2027 (UNITS)
TABLE 110.INDIA SOLAR WATER HEATER MARKET, BY END-USER, 2019–2027 ($MILLION)
TABLE 111.AUSTRALIA SOLAR WATER HEATER MARKET, BY TYPE, 2019–2027 (UNITS)
TABLE 112.AUSTRALIA SOLAR WATER HEATER MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 113.AUSTRALIA SOLAR WATER HEATER MARKET, BY CAPACITY, 2019–2027 (UNITS)
TABLE 114.AUSTRALIA SOLAR WATER HEATER MARKET, BY CAPACITY, 2019–2027 ($MILLION)
TABLE 115.TURKEY SOLAR WATER HEATER MARKET, BY TYPE, 2019–2027 (UNITS)
TABLE 116.TURKEY SOLAR WATER HEATER MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 117.TURKEY SOLAR WATER HEATER MARKET, BY CAPACITY, 2019–2027 (UNITS)
TABLE 118.TURKEY SOLAR WATER HEATER MARKET, BY CAPACITY, 2019–2027 ($MILLION)
TABLE 119.TURKEY SOLAR WATER HEATER MARKET, BY END-USER, 2019–2027 (UNITS)
TABLE 120.TURKEY SOLAR WATER HEATER MARKET, BY END-USER, 2019–2027 ($MILLION)
TABLE 121.REST OF ASIA-PACIFIC SOLAR WATER HEATER MARKET, BY TYPE, 2019–2027 (UNITS)
TABLE 122.REST OF ASIA-PACIFIC SOLAR WATER HEATER MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 123.REST OF ASIA-PACIFIC SOLAR WATER HEATER MARKET, BY CAPACITY, 2019–2027 (UNITS)
TABLE 124.REST OF ASIA-PACIFIC SOLAR WATER HEATER MARKET, BY CAPACITY, 2019–2027 ($MILLION)
TABLE 125.REST OF ASIA-PACIFIC SOLAR WATER HEATER MARKET, BY END-USER, 2019–2027 (UNITS)
TABLE 126.REST OF ASIA-PACIFIC SOLAR WATER HEATER MARKET, BY END-USER, 2019–2027 ($MILLION)
TABLE 127.LAMEA SOLAR WATER HEATER MARKET, BY TYPE, 2019–2027 (UNITS)
TABLE 128.LAMEA SOLAR WATER HEATER MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 129.LAMEA SOLAR WATER HEATER MARKET, BY CAPACITY, 2019–2027 (UNITS)
TABLE 130.LAMEA SOLAR WATER HEATER MARKET, BY CAPACITY, 2019–2027 ($MILLION)
TABLE 131.LAMEA SOLAR WATER HEATER MARKET, BY END-USER, 2019–2027 (UNITS)
TABLE 132.LAMEA SOLAR WATER HEATER MARKET, BY END-USER, 2019–2027 ($MILLION)
TABLE 133.LAMEA SOLAR WATER HEATER MARKET, BY COUNTRY, 2019–2027 (UNITS)
TABLE 134.LAMEA SOLAR WATER HEATER MARKET, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 135.BRAZIL SOLAR WATER HEATER MARKET, BY TYPE, 2019–2027 (UNITS)
TABLE 136.BRAZIL SOLAR WATER HEATER MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 137.BRAZIL SOLAR WATER HEATER MARKET, BY CAPACITY, 2019–2027 (UNITS)
TABLE 138.BRAZIL SOLAR WATER HEATER MARKET, BY CAPACITY, 2019–2027 ($MILLION)
TABLE 139.BRAZIL SOLAR WATER HEATER MARKET, BY END-USER, 2019–2027 (UNITS)
TABLE 140.BRAZIL SOLAR WATER HEATER MARKET, BY END-USER, 2019–2027 ($MILLION)
TABLE 141.SOUTH AFRICA SOLAR WATER HEATER MARKET, BY TYPE, 2019–2027 (UNITS)
TABLE 142.SOUTH AFRICA SOLAR WATER HEATER MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 143.SOUTH AFRICA SOLAR WATER HEATER MARKET, BY CAPACITY, 2019–2027 (UNITS)
TABLE 144.SOUTH AFRICA SOLAR WATER HEATER MARKET, BY CAPACITY, 2019–2027 ($MILLION)
TABLE 145.SOUTH AFRICA SOLAR WATER HEATER MARKET, BY END-USER, 2019–2027 (UNITS)
TABLE 146.SOUTH AFRICA SOLAR WATER HEATER MARKET, BY END-USER, 2019–2027 ($MILLION)
TABLE 147.REST OF LAMEA SOLAR WATER HEATER MARKET, BY TYPE, 2019–2027 (UNITS)
TABLE 148.REST OF LAMEA SOLAR WATER HEATER MARKET, BY TYPE, 2019–2027 ($MILLION)
TABLE 149.REST OF LAMEA SOLAR WATER HEATER MARKET, BY CAPACITY, 2019–2027 (UNITS)
TABLE 150.REST OF LAMEA SOLAR WATER HEATER MARKET, BY CAPACITY, 2019–2027 ($MILLION)
TABLE 151.REST OF LAMEA SOLAR WATER HEATER MARKET, BY END-USER, 2019–2027 (UNITS)
TABLE 152.REST OF LAMEA SOLAR WATER HEATER MARKET, BY END-USER, 2019–2027 ($MILLION)
TABLE 153.KEY PARTNERSHIP
TABLE 154.KEY PRODUCT LAUNCH
TABLE 155.HIMIN SOLAR ENERGY GROUP: COMPANY SNAPSHOT
TABLE 156.HIMIN SOLAR ENERGY GROUP: OPERATING SEGMENTS
TABLE 157.HIMIN SOLAR ENERGY GROUP: PRODUCT PORTFOLIO
TABLE 158.V-GUARD INDUSTRIES LTD.: COMPANY SNAPSHOT
TABLE 159.V-GUARD INDUSTRIES LTD.: OPERATING SEGMENTS
TABLE 160.V-GUARD INDUSTRIES LTD.: PRODUCT PORTFOLIO
TABLE 161.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 162.ARSITON THERMO SPA: COMPANY SNAPSHOT
TABLE 163.ARSITON THERMO SPA: OPERATING SEGMENTS
TABLE 164.ARSITON THERMO SPA: PRODUCT PORTFOLIO
TABLE 165.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 166.ARSITON THERMO SPA: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 167.KODSAN: COMPANY SNAPSHOT
TABLE 168.KODSAN: OPERATING SEGMENTS
TABLE 169.KODSAN: PRODUCT PORTFOLIO
TABLE 170.SOLAV ENERGY: COMPANY SNAPSHOT
TABLE 171.SOLAV ENERGY: OPERATING SEGMENTS
TABLE 172.SOLAV ENERGY: PRODUCT PORTFOLIO
TABLE 173.ZHEJIANG JIADELE SOLAR ENERGY CO., LTD.: COMPANY SNAPSHOT
TABLE 174.ZHEJIANG JIADELE SOLAR ENERGY CO., LTD.: OPERATING SEGMENTS
TABLE 175.ZHEJIANG JIADELE SOLAR ENERGY CO., LTD.: PRODUCT PORTFOLIO
TABLE 176.SOLAHART: COMPANY SNAPSHOT
TABLE 177.SOLAHART: OPERATING SEGMENT
TABLE 178.SOLAHART: PRODUCT PORTFOLIO
TABLE 179.JIANGSU SUNPOWER SOLAR TECHNOLOGY CO., LTD.: COMPANY SNAPSHOT
TABLE 180.JIANGSU SUNPOWER SOLAR TECHNOLOGY CO., LTD.: OPERATING SEGMENTS
TABLE 181.JIANGSU SUNPOWER SOLAR TECHNOLOGY CO., LTD.: PRODUCT PORTFOLIO
TABLE 182.A.O SMITH INDIA WATER PRODUCTS PVT. LTD.: COMPANY SNAPSHOT
TABLE 183.A.O SMITH INDIA WATER PRODUCTS PVT. LTD.: OPERATING SEGMENTS
TABLE 184.A.O SMITH INDIA WATER PRODUCTS PVT. LTD.: PRODUCT PORTFOLIO
TABLE 185.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 186.ALTERNATE ENERGY TECHNOLOGIES: COMPANY SNAPSHOT
TABLE 187.ALTERNATE ENERGY TECHNOLOGIES: OPERATING SEGMENTS
TABLE 188.ALTERNATE ENERGY TECHNOLOGIES: PRODUCT PORTFOLIO

LIST OF FIGURES

FIGURE 01.KEY MARKET SEGMENTS
FIGURE 02.EXECUTIVE SUMMARY, BY SEGMENT
FIGURE 03.EXECUTIVE SUMMARY, BY COUNTRY
FIGURE 04.TOP INVESTMENT POCKETS
FIGURE 05.MODERATE BARGAINING POWER OF SUPPLIERS
FIGURE 06.MODERATE THREAT OF NEW ENTRANTS
FIGURE 07.MODERATE THREAT OF SUBSTITUTES
FIGURE 08.MODERATE INTENSITY OF RIVALRY
FIGURE 09.LOW BARGAINING POWER OF BUYERS
FIGURE 10.TOP PLAYER POSITIONING, 2019
FIGURE 11.SOLAR WATER HEATER MARKET DYNAMICS
FIGURE 12.SOLAR WATER HEATER MARKET, BY TYPE, 2019–2027 ($MILILION)
FIGURE 13.SOLAR WATER HEATER MARKET FOR GLAZED TYPE, BY COUNTRY, 2019–2027 ($MILILION)
FIGURE 14.SOLAR WATER HEATER MARKET FOR UNGLAZED TYPE, BY COUNTRY, 2019–2027 ($MILILION)
FIGURE 15.SOLAR WATER HEATER MARKET, BY CAPACITY, 2019–2027 ($MILILION)
FIGURE 16.SOLAR WATER HEATER MARKET FOR 100 LITER CAPACITY, BY COUNTRY, 2019–2027 ($MILILION)
FIGURE 17.SOLAR WATER HEATER MARKET FOR 150 LITER CAPACITY, BY COUNTRY, 2019–2027 ($MILILION)
FIGURE 18.SOLAR WATER HEATER MARKET FOR 200 LITER CAPACITY, BY COUNTRY, 2019–2027 ($MILILION)
FIGURE 19.SOLAR WATER HEATER MARKET FOR OTHERS, BY COUNTRY, 2019–2027 ($MILILION)
FIGURE 20.SOLAR WATER HEATER MARKET, BY END-USER, 2019–2027 ($MILILION)
FIGURE 21.SOLAR WATER HEATER MARKET FOR RESIDENTIAL END-USER, BY COUNTRY, 2019–2027 ($MILILION)
FIGURE 22.SOLAR WATER HEATER MARKET FOR COMMERCIAL END-USER, BY COUNTRY, 2019–2027 ($MILILION)
FIGURE 23.SOLAR WATER HEATER MARKET FOR INDUSTRIAL END-USER, BY COUNTRY, 2019–2027 ($MILILION)
FIGURE 24.U.S. SOLAR WATER HEATER MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 25.CANADA SOLAR WATER HEATER MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 26.MEXICO SOLAR WATER HEATER MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 27.GERMANY SOLAR WATER HEATER MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 28.SPAIN SOLAR WATER HEATER MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 29.ITALY SOLAR WATER HEATER MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 30.AUSTRIA SOLAR WATER HEATER MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 31.REST OF EUROPE SOLAR WATER HEATER MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 32.CHINA SOLAR WATER HEATER MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 33.INDIA SOLAR WATER HEATER MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 34.AUSTRALIA SOLAR WATER HEATER MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 35.TURKEY SOLAR WATER HEATER MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 36.REST OF ASIA-PACIFIC SOLAR WATER HEATER MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 37.BRAZIL SOLAR WATER HEATER MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 38.SOUTH AFRICA SOLAR WATER HEATER MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 39.REST OF LAMEA SOLAR WATER HEATER MARKET REVENUE, 2019–2027 ($MILLION)
FIGURE 40.PRODUCT MAPPING OF TOP 10 PLAYERS
FIGURE 41.COMPETITIVE HEATMAP
FIGURE 42.V-GUARD INDUSTRIES LTD.: REVENUE, 2017–2019 ($MILLION)
FIGURE 43.V-GUARD INDUSTRIES LTD.: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 44.ARSITON THERMO SPA: REVENUE, 2017–2019 ($MILLION)
FIGURE 45.ARSITON THERMO SPA: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 46.ARSITON THERMO SPA: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 47.A.O SMITH GROUP: REVENUE, 2017–2019 ($MILLION)
FIGURE 48.A.O SMITH GROUP REVENUE SHARE BY REGION, 2019 (%)

 
 

The solar water heater market is expected to witness steady growth. This is attributed to a significant surge in demand from residential and commercial end users. Solar water heater is often used in hospitals, hotels, hostels, schools, educational institutions, and restaurants for washing and cleaning purposes. In addition, rise in concern from governments across emerging nations, such as China, India, and South Korea, regarding zero emission norms is expected to drive the market growth. Governments across different countries implement new rebate and energy schemes on excess amount of energy for residential as well as commercial users. This is expected to enhance the market penetration in new customer segments.

 
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A. Surge in demand for cost effective and eco-friendly energy solutions, and substantial government policies for various rebate and energy schemes are the key factors boosting the Solar Water Heater market growth.

A. Solar Water Heater market worth $6.7 billion in 2027.

A. To get latest version of Solar Water Heater market report can be obtained on demand from the website.

A. Himin Solar Energy Group, V-Guard Industries Ltd, Ariston Thermo SpA, KODSAN Company, Solav Energy, Zhejiang JiaDeLe Solar Co., Ltd., SunPower Corporation, A.O. Smith, and Alternate Energy Technologies are the top companies in the Solar Water Heater industry.

A. Advancements in back up energy systems for solar water heater, maintaining optimum performance even on cloudy days are projected to create lucrative opportunities in the market.

A. The top ten market players are selected based on two key attributes - competitive strength and market positioning

A. Glazed solar water heater is projected to increase the demand for Solar Water Heater Market.

A. Industrial end user segment would steer the Solar Water Heater market ahead.

A. • The global solar water heater market has no significant impact of Covid-19 unlike conventional gas or electric water heaters. • However, during new solar collector and water tank installation, the shortage of manpower and social distancing norms delayed some of the new projects. • In addition, complete lockdown and social distancing norms across different countries delayed the cross-border export and import activities. This led to supply chain disruptions in the upstream and downstream channels. • Furthermore, high dependency on Chinese exports for various solar cell and solar module negatively impacted the market. • As significant number of production plants in China had been operating with limited production capacity for the last few months, it negatively affected the global solar water heater production.

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