Solar Water Heater Market Size, Type Analysis, Application Analysis, End-Use, Industry Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2023-2032
- Report ID: ME_0086293
- Format: Electronic (PDF)
- Publish Type: Publish
- Number of Pages: 250
Market Snapshot
Source: Market Expertz
| Study Period | 2019-2032 |
| Base Year | 2023 |
| Forcast Year | 2023-2032 |
| CAGR | 6.31 |
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The Solar Water Heater Market size is estimated to grow at a CAGR of 6.78% between 2022 and 2032. The market size is forecast to increase by USD 8,932.15 million. The growth of the market depends on several factors, including the increasing demand for renewable energy sources, rising awareness about environmental sustainability, and government initiatives promoting the use of solar energy. A solar water heater is a device that utilizes sunlight to heat water for various applications, such as domestic use, industrial processes, and swimming pools. It consists of solar collectors, storage tanks, and other components that capture solar energy and transfer it to the water, providing a cost-effective and eco-friendly alternative to traditional water heating methods.
Solar Water Heater Market Overview
Drivers
One of the key factors driving the solar water heater market growth is the increasing demand for renewable energy sources. With the growing concerns about climate change and the depletion of fossil fuels, there is a rising need for sustainable energy solutions. Solar water heaters offer a clean and renewable source of energy by harnessing the power of the sun to heat water. They reduce reliance on conventional energy sources, such as electricity or gas, and help in reducing carbon emissions. As a result, the demand for solar water heaters is expected to witness significant growth in the coming years.
Moreover, the rising awareness about environmental sustainability is also driving the market growth. Consumers are becoming more conscious of their carbon footprint and are actively seeking energy-efficient and eco-friendly solutions. Solar water heaters align with these sustainability goals by utilizing renewable energy and reducing the reliance on non-renewable resources. Governments and organizations are also promoting the adoption of solar water heaters through incentives, subsidies, and awareness campaigns. These factors are expected to drive market growth during the forecast period.
Trends
A key trend shaping the solar water heater market growth is the integration of smart technologies. The integration of smart features and IoT capabilities in solar water heaters enhances their performance, efficiency, and user experience. Smart solar water heaters can optimize energy consumption, monitor water temperature, and provide remote control and monitoring options. These features enable users to have better control over their energy usage, track system performance, and receive alerts or notifications. The integration of smart technologies also enables solar water heaters to be seamlessly integrated into smart home systems and energy management platforms. This trend is expected to drive the demand for smart solar water heaters in the market.
Additionally, there is a growing trend of solar water heaters with advanced storage options. Traditional solar water heaters store heated water in insulated tanks for later use. However, advancements in storage technologies have led to the development of more efficient and innovative storage solutions. These include heat pump storage, phase change materials, and advanced thermal storage systems. These advanced storage options improve the overall efficiency and performance of solar water heaters by ensuring a constant supply of hot water even during periods of low solar radiation. This trend is expected to contribute to the market growth during the forecast period.
Restraints:
One of the key challenges hindering the solar water heater market growth is the high initial installation cost. Solar water heaters require an upfront investment for the purchase and installation of the system. While the long-term cost savings from reduced energy bills can offset the initial investment, the high upfront cost can be a barrier for some consumers. Additionally, the installation process may require modifications to the existing plumbing system, which can further increase the overall cost. However, government incentives, subsidies, and financing options are available in many regions to encourage the adoption of solar water heaters and mitigate the cost barrier.
Furthermore, the availability of alternative water heating technologies, such as electric or gas-powered water heaters, can also pose a challenge to the market growth. These conventional water heating methods are well-established and widely available, making them a convenient choice for consumers. The familiarity and ease of use associated with conventional water heaters can make it difficult for solar water heaters to penetrate the market. However, increasing awareness about the benefits of solar water heaters and the rising cost of conventional energy sources are expected to mitigate this challenge in the long run.
Solar Water Heater Market Segmentation By Application
The residential segment is estimated to witness significant growth during the forecast period. Solar water heaters are widely used in residential buildings for domestic hot water requirements. Residential solar water heaters offer several benefits, including reduced energy bills, lower carbon emissions, and increased energy independence. They are suitable for a wide range of residential settings, from single-family homes to multi-unit buildings. Governments and organizations are also promoting the adoption of residential solar water heaters through incentives and subsidies. These factors are expected to drive the growth of the residential segment, contributing to the overall market growth during the forecast period.
Solar Water Heater Market Segmentation By Type
The flat plate collector segment is expected to dominate the market during the forecast period. Flat plate collectors are the most common type of solar collectors used in solar water heaters. They consist of a flat, rectangular box with a transparent cover, absorber plate, and insulation. Flat plate collectors are known for their simplicity, reliability, and cost-effectiveness. They are suitable for a wide range of climates and can efficiently capture solar energy to heat water. Additionally, advancements in flat plate collector technology, such as improved insulation and selective coatings, have further enhanced their performance and efficiency. These factors are expected to drive the demand for flat plate collector-based solar water heaters in the market.
Regional Overview
Asia-Pacific (APAC) is estimated to contribute significantly to the growth of the global market during the forecast period. APAC has a high solar potential and is witnessing rapid urbanization and industrialization, driving the demand for energy. Countries like China, India, and Japan are investing heavily in solar energy infrastructure and promoting the adoption of solar water heaters through government initiatives and incentives. The region also has a large population and a growing middle class, which is driving the demand for residential solar water heaters. These factors, along with favorable climatic conditions, are expected to drive the market growth in APAC.
In 2020, during the COVID-19 pandemic, the growth of the global solar water heater market witnessed a temporary slowdown due to disruptions in the supply chain and construction activities. However, as the situation improved and economic activities resumed, the market started recovering. Governments' focus on economic recovery and sustainable development is expected to drive the demand for solar water heaters in the post-pandemic period.
Solar Water Heater Market Customer Landscape
The solar water heater market industry report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Who are the Major Solar Water Heater Market Companies?
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
Some of the major companies operating in the solar water heater market include:
- A.O. Smith Corporation
- Rheem Manufacturing Company
- Bosch Thermotechnology
- Viessmann Manufacturing Company Inc.
- Rinnai Corporation
- Himin Solar Energy Group Co., Ltd.
- SunEarth Inc.
- Chromagen
- Solahart Industries Pty Ltd
- EMMVEE Solar Systems Pvt. Ltd.
The research report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:
- Apricus Solar Co. Ltd.
- Himin Solar Energy Group Co. Ltd.
- SunEarth Inc.
- SunTank Solar Water Heaters
- Sunpower Solar
- Sunrain Solar Energy Co. Ltd.
- Sunstar Heating Products Inc.
- Sunup Solar Tech Co. Ltd.
- Sunmaxx Solar Inc.
- Suneco Green Energy Ltd.
- Solar Panels Plus LLC
- Solar Thermal Systems Inc.
- Solar Water Heater India
- Solar Water Heater Malaysia
- Solar Water Heater Philippines
- Solar Water Heater Thailand
- Solar Water Heater Vietnam
- Solar Water Heater Australia
- Solar Water Heater New Zealand
- Solar Water Heater South Africa
The solar water heater market report provides a qualitative and quantitative analysis of the renewable energy industry, helping clients understand the broader business environment and the strengths and weaknesses of key market players. The data is analyzed qualitatively to categorize companies based on their focus, such as pure play, category-focused, industry-focused, and diversified. Additionally, quantitative analysis categorizes companies as dominant, leading, strong, tentative, or weak.
Segment Overview
The solar water heater market report provides a comprehensive analysis of the market's growth potential in terms of revenue at the global, regional, and country levels. It offers insights into the latest trends and growth opportunities from 2019 to 2032.
- Application Outlook (USD Million, 2019 - 2032)
- Residential
- Commercial
- Industrial
- Type Outlook (USD Million, 2019 - 2032)
- Active Solar Water Heater
- Passive Solar Water Heater
- Geography Outlook (USD Million, 2019 - 2032)
- North America
- United States
- Canada
- Europe
- United Kingdom
- Germany
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- South America
- Brazil
- Argentina
- Chile
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
Table of Contents
1 Study Coverage
1.1 Solar Water Heater Product
1.2 Key Market Segments in This Study
1.3 Key Manufacturers Covered
1.4 Market by Type
1.4.1 Global Solar Water Heater Market Size Growth Rate by Type
1.4.2 Active Solar Water Heating Systems
1.4.3 Passive Solar Water Heating Systems
1.5 Market by Application
1.5.1 Global Solar Water Heater Market Size Growth Rate by Application
1.5.2 Residential Use
1.5.3 Industrial Processes
1.5.4 Commercial Buildings
1.6 Study Objectives
1.7 Years Considered
2 Executive Summary
2.1 Global Solar Water Heater Market Size
2.1.1 Global Solar Water Heater Revenue 2014-2025
2.1.2 Global Solar Water Heater Production 2014-2025
2.2 Solar Water Heater Growth Rate (CAGR) 2019-2025
2.3 Analysis of Competitive Landscape
2.3.1 Manufacturers Market Concentration Ratio (CR5 and HHI)
2.3.2 Key Solar Water Heater Manufacturers
2.3.2.1 Solar Water Heater Manufacturing Base Distribution, Headquarters
2.3.2.2 Manufacturers Solar Water Heater Product Offered
2.3.2.3 Date of Manufacturers Enter into Solar Water Heater Market
2.4 Key Trends for Solar Water Heater Markets & Products
3 Market Size by Manufacturers
3.1 Solar Water Heater Production by Manufacturers
3.1.1 Solar Water Heater Production by Manufacturers
3.1.2 Solar Water Heater Production Market Share by Manufacturers
3.2 Solar Water Heater Revenue by Manufacturers
3.2.1 Solar Water Heater Revenue by Manufacturers (2014-2019)
3.2.2 Solar Water Heater Revenue Share by Manufacturers (2014-2019)
3.3 Solar Water Heater Price by Manufacturers
3.4 Mergers & Acquisitions, Expansion Plans
4 Solar Water Heater Production by Regions
4.1 Global Solar Water Heater Production by Regions
4.1.1 Global Solar Water Heater Production Market Share by Regions
4.1.2 Global Solar Water Heater Revenue Market Share by Regions
4.2 United States
4.2.1 United States Solar Water Heater Production
4.2.2 United States Solar Water Heater Revenue
4.2.3 Key Players in United States
4.2.4 United States Solar Water Heater Import & Export
4.3 Europe
4.3.1 Europe Solar Water Heater Production
4.3.2 Europe Solar Water Heater Revenue
4.3.3 Key Players in Europe
4.3.4 Europe Solar Water Heater Import & Export
4.4 China
4.4.1 China Solar Water Heater Production
4.4.2 China Solar Water Heater Revenue
4.4.3 Key Players in China
4.4.4 China Solar Water Heater Import & Export
4.5 Japan
4.5.1 Japan Solar Water Heater Production
4.5.2 Japan Solar Water Heater Revenue
4.5.3 Key Players in Japan
4.5.4 Japan Solar Water Heater Import & Export
4.6 Other Regions
4.6.1 South Korea
4.6.2 India
4.6.3 Southeast Asia
5 Solar Water Heater Consumption by Regions
5.1 Global Solar Water Heater Consumption by Regions
5.1.1 Global Solar Water Heater Consumption by Regions
5.1.2 Global Solar Water Heater Consumption Market Share by Regions
5.2 North America
5.2.1 North America Solar Water Heater Consumption by Application
5.2.2 North America Solar Water Heater Consumption by Countries
5.2.3 United States
5.2.4 Canada
5.2.5 Mexico
5.3 Europe
5.3.1 Europe Solar Water Heater Consumption by Application
5.3.2 Europe Solar Water Heater Consumption by Countries
5.3.3 Germany
5.3.4 France
5.3.5 UK
5.3.6 Italy
5.3.7 Russia
5.4 Asia Pacific
5.4.1 Asia Pacific Solar Water Heater Consumption by Application
5.4.2 Asia Pacific Solar Water Heater Consumption by Countries
5.4.3 China
5.4.4 Japan
5.4.5 South Korea
5.4.6 India
5.4.7 Australia
5.4.8 Indonesia
5.4.9 Thailand
5.4.10 Malaysia
5.4.11 Philippines
5.4.12 Vietnam
5.5 Central & South America
5.5.1 Central & South America Solar Water Heater Consumption by Application
5.5.2 Central & South America Solar Water Heater Consumption by Country
5.5.3 Brazil
5.6 Middle East and Africa
5.6.1 Middle East and Africa Solar Water Heater Consumption by Application
5.6.2 Middle East and Africa Solar Water Heater Consumption by Countries
5.6.3 GCC Countries
5.6.4 Egypt
5.6.5 South Africa
6 Market Size by Type
6.1 Global Solar Water Heater Production by Type
6.2 Global Solar Water Heater Revenue by Type
6.3 Solar Water Heater Price by Type
7 Market Size by Application
7.1 Overview
7.2 Global Solar Water Heater Breakdown Dada by Application
7.2.1 Global Solar Water Heater Consumption by Application
7.2.2 Global Solar Water Heater Consumption Market Share by Application (2014-2019)
8 Manufacturers Profiles
8.1 Rheem
8.1.1 Rheem Company Details
8.1.2 Company Overview
8.1.3 Rheem Solar Water Heater Production Revenue and Gross Margin (2014-2019)
8.1.4 Rheem Solar Water Heater Product Description
8.1.5 Rheem Recent Development
8.2 Apricus
8.2.1 Apricus Company Details
8.2.2 Company Overview
8.2.3 Apricus Solar Water Heater Production Revenue and Gross Margin (2014-2019)
8.2.4 Apricus Solar Water Heater Product Description
8.2.5 Apricus Recent Development
8.3 Helioakmi S.A.
8.3.1 Helioakmi S.A. Company Details
8.3.2 Company Overview
8.3.3 Helioakmi S.A. Solar Water Heater Production Revenue and Gross Margin (2014-2019)
8.3.4 Helioakmi S.A. Solar Water Heater Product Description
8.3.5 Helioakmi S.A. Recent Development
8.4 Himin Solar Energy
8.4.1 Himin Solar Energy Company Details
8.4.2 Company Overview
8.4.3 Himin Solar Energy Solar Water Heater Production Revenue and Gross Margin (2014-2019)
8.4.4 Himin Solar Energy Solar Water Heater Product Description
8.4.5 Himin Solar Energy Recent Development
8.5 Sunrain
8.5.1 Sunrain Company Details
8.5.2 Company Overview
8.5.3 Sunrain Solar Water Heater Production Revenue and Gross Margin (2014-2019)
8.5.4 Sunrain Solar Water Heater Product Description
8.5.5 Sunrain Recent Development
8.6 Jiaxing Jinyi
8.6.1 Jiaxing Jinyi Company Details
8.6.2 Company Overview
8.6.3 Jiaxing Jinyi Solar Water Heater Production Revenue and Gross Margin (2014-2019)
8.6.4 Jiaxing Jinyi Solar Water Heater Product Description
8.6.5 Jiaxing Jinyi Recent Development
8.7 Emmvee
8.7.1 Emmvee Company Details
8.7.2 Company Overview
8.7.3 Emmvee Solar Water Heater Production Revenue and Gross Margin (2014-2019)
8.7.4 Emmvee Solar Water Heater Product Description
8.7.5 Emmvee Recent Development
8.8 HITEK
8.8.1 HITEK Company Details
8.8.2 Company Overview
8.8.3 HITEK Solar Water Heater Production Revenue and Gross Margin (2014-2019)
8.8.4 HITEK Solar Water Heater Product Description
8.8.5 HITEK Recent Development
8.9 Sole S.A.
8.9.1 Sole S.A. Company Details
8.9.2 Company Overview
8.9.3 Sole S.A. Solar Water Heater Production Revenue and Gross Margin (2014-2019)
8.9.4 Sole S.A. Solar Water Heater Product Description
8.9.5 Sole S.A. Recent Development
8.10 Sangle Solar
8.10.1 Sangle Solar Company Details
8.10.2 Company Overview
8.10.3 Sangle Solar Solar Water Heater Production Revenue and Gross Margin (2014-2019)
8.10.4 Sangle Solar Solar Water Heater Product Description
8.10.5 Sangle Solar Recent Development
8.11 TP Solar Energy Group
8.12 HUAYANG
8.13 Sunbest
9 Production Forecasts
9.1 Solar Water Heater Production and Revenue Forecast
9.1.1 Global Solar Water Heater Production Forecast 2019-2025
9.1.2 Global Solar Water Heater Revenue Forecast 2019-2025
9.2 Solar Water Heater Production and Revenue Forecast by Regions
9.2.1 Global Solar Water Heater Revenue Forecast by Regions
9.2.2 Global Solar Water Heater Production Forecast by Regions
9.3 Solar Water Heater Key Producers Forecast
9.3.1 United States
9.3.2 Europe
9.3.3 China
9.3.4 Japan
9.4 Forecast by Type
9.4.1 Global Solar Water Heater Production Forecast by Type
9.4.2 Global Solar Water Heater Revenue Forecast by Type
10 Consumption Forecast
10.1 Solar Water Heater Consumption Forecast by Application
10.2 Solar Water Heater Consumption Forecast by Regions
10.3 North America Market Consumption Forecast
10.3.1 North America Solar Water Heater Consumption Forecast by Regions 2019-2025
10.3.2 United States
10.3.3 Canada
10.3.4 Mexico
10.4 Europe Market Consumption Forecast
10.4.1 Europe Solar Water Heater Consumption Forecast by Regions 2019-2025
10.4.2 Germany
10.4.3 France
10.4.4 UK
10.4.5 Italy
10.4.6 Russia
10.5 Asia Pacific Market Consumption Forecast
10.5.1 Asia Pacific Solar Water Heater Consumption Forecast by Regions 2019-2025
10.5.2 China
10.5.3 Japan
10.5.4 South Korea
10.5.5 India
10.5.6 Australia
10.5.7 Indonesia
10.5.8 Thailand
10.5.9 Malaysia
10.5.10 Philippines
10.5.11 Vietnam
10.6 Central & South America Market Consumption Forecast
10.6.1 Central & South America Solar Water Heater Consumption Forecast by Regions 2019-2025
10.6.2 Brazil
10.7 Middle East and Africa Market Consumption Forecast
10.7.1 Middle East and Africa Solar Water Heater Consumption Forecast by Regions 2019-2025
10.7.2 GCC Countries
10.7.3 Egypt
10.7.4 South Africa
11 Value Chain and Sales Channels Analysis
11.1 Value Chain Analysis
11.2 Sales Channels Analysis
11.2.1 Solar Water Heater Sales Channels
11.2.2 Solar Water Heater Distributors
11.3 Solar Water Heater Customers
12 Market Opportunities & Challenges, Risks and Influences Factors Analysis
12.1 Market Opportunities and Drivers
12.2 Market Challenges
12.3 Market Risks/Restraints
13 Key Findings in the Global Solar Water Heater Study
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.1.1 Research Programs/Design
14.1.1.2 Market Size Estimation
14.1.1.3 Market Breakdown and Data Triangulation
14.1.2 Data Source
14.1.2.1 Secondary Sources
14.1.2.2 Primary Sources
14.2 Author Details
14.3 Disclaimer
List of Tables and Figures
Figure Solar Water Heater Product Picture
Table Solar Water Heater Key Market Segments in This Study
Table Key Manufacturers Solar Water Heater Covered in This Study
Table Global Solar Water Heater Market Size Growth Rate by Type 2019-2025 (K Units) & (Million US$)
Figure Global Solar Water Heater Production Market Share 2014-2025
Figure Active Solar Water Heating Systems Product Picture
Table Major Manufacturers of Active Solar Water Heating Systems
Figure Passive Solar Water Heating Systems Product Picture
Table Major Manufacturers of Passive Solar Water Heating Systems
Table Global Solar Water Heater Market Size Growth Rate by Application 2019-2025 (K Units)
Figure Residential Use
Figure Industrial Processes
Figure Commercial Buildings
Figure Solar Water Heater Report Years Considered
Figure Global Solar Water Heater Revenue 2014-2025 (Million US$)
Figure Global Solar Water Heater Production 2014-2025 (K Units)
Table Global Solar Water Heater Market Size Growth Rate by Regions 2019-2025(K Units) & (Million US$)
Table Global Manufacturers Market Concentration Ratio (CR5 and HHI)
Table Solar Water Heater Manufacturing Base Distribution and Headquarters
Table Manufacturers Solar Water Heater Product Offered
Table Date of Manufacturers Enter into Solar Water Heater Market
Table Global Solar Water Heater Production by Manufacturers (2014-2019) (K Units)
Table Global Solar Water Heater Production Share by Manufacturers (2014-2019)
Figure Global Solar Water Heater Production Share by Manufacturers in 2018
Table Solar Water Heater Revenue by Manufacturers (2014-2019) (Million US$)
Table Solar Water Heater Revenue Share by Manufacturers (2014-2019)
Table Solar Water Heater Price by Manufacturers 2014-2019 (USD/Unit)
Table Mergers & Acquisitions, Expansion Plans
Table Global Solar Water Heater Production by Regions 2014-2019 (K Units)
Table Global Solar Water Heater Production Market Share by Regions 2014-2019
Figure Global Solar Water Heater Production Market Share by Regions 2014-2019
Figure Global Solar Water Heater Production Market Share by Regions in 2018
Table Global Solar Water Heater Revenue by Regions 2014-2019 (Million US$)
Table Global Solar Water Heater Revenue Market Share by Regions 2014-2019
Figure Global Solar Water Heater Revenue Market Share by Regions 2014-2019
Figure Global Solar Water Heater Revenue Market Share by Regions in 2018
Figure United States Solar Water Heater Production and Growth Rate 2014-2019 (K Units)
Figure United States Solar Water Heater Revenue and Growth Rate 2014-2019 (Million US$)
Table United States Solar Water Heater Import & Export
Figure Europe Solar Water Heater Production and Growth Rate 2014-2019 (K Units)
Figure Europe Solar Water Heater Revenue and Growth Rate 2014-2019 (Million US$)
Table Europe Solar Water Heater Import & Export
Figure China Solar Water Heater Production and Growth Rate 2014-2019 (K Units)
Figure China Solar Water Heater Revenue and Growth Rate 2014-2019 (Million US$)
Table China Solar Water Heater Import & Export
Figure Japan Solar Water Heater Production and Growth Rate 2014-2019 (K Units)
Figure Japan Solar Water Heater Revenue and Growth Rate 2014-2019 (Million US$)
Table Japan Solar Water Heater Import & Export
Table Global Solar Water Heater Consumption by Regions 2014-2019 (K Units)
Table Global Solar Water Heater Consumption Market Share by Regions 2014-2019
Figure Global Solar Water Heater Consumption Market Share by Regions 2014-2019
Figure Global Solar Water Heater Consumption Market Share by Regions in 2018
Figure North America Solar Water Heater Consumption and Growth Rate (2014-2019) (K Units)
Table North America Solar Water Heater Consumption by Application (2014-2019) (K Units)
Figure 2018 North America Solar Water Heater Consumption Market Share by Application
Table North America Solar Water Heater Consumption by Countries (2014-2019) (K Units)
Figure 2018 North America Solar Water Heater Consumption Market Share by Countries
Figure United States Solar Water Heater Consumption and Growth Rate (2014-2019) (K Units)
Figure Canada Solar Water Heater Consumption and Growth Rate (2014-2019) (K Units)
Figure Mexico Solar Water Heater Consumption and Growth Rate (2014-2019) (K Units)
Figure Europe Solar Water Heater Consumption and Growth Rate (2014-2019) (K Units)
Table Europe Solar Water Heater Consumption by Application (2014-2019) (K Units)
Figure 2018 Europe Solar Water Heater Consumption Market Share by Application
Table Europe Solar Water Heater Consumption by Countries (2014-2019) (K Units)
Figure 2018 Europe Solar Water Heater Consumption Market Share by Countries
Figure Germany Solar Water Heater Consumption and Growth Rate (2014-2019) (K Units)
Figure France Solar Water Heater Consumption and Growth Rate (2014-2019) (K Units)
Figure UK Solar Water Heater Consumption and Growth Rate (2014-2019) (K Units)
Figure Italy Solar Water Heater Consumption and Growth Rate (2014-2019) (K Units)
Figure Russia Solar Water Heater Consumption and Growth Rate (2014-2019) (K Units)
Figure Asia Pacific Solar Water Heater Consumption and Growth Rate (K Units)
Table Asia Pacific Solar Water Heater Consumption by Application (2014-2019) (K Units)
Table Asia Pacific Solar Water Heater Consumption Market Share by Application (2014-2019) (K Units)
Table Asia Pacific Solar Water Heater Consumption by Countries (2014-2019) (K Units)
Table Asia Pacific Solar Water Heater Consumption Market Share by Countries (2014-2019) (K Units)
Figure China Solar Water Heater Consumption and Growth Rate (2014-2019) (K Units)
Figure Japan Solar Water Heater Consumption and Growth Rate (2014-2019) (K Units)
Figure Korea Solar Water Heater Consumption and Growth Rate (2014-2019) (K Units)
Figure India Solar Water Heater Consumption and Growth Rate (2014-2019) (K Units)
Figure Australia Solar Water Heater Consumption and Growth Rate (2014-2019) (K Units)
Figure Indonesia Solar Water Heater Consumption and Growth Rate (2014-2019) (K Units)
Figure Thailand Solar Water Heater Consumption and Growth Rate (2014-2019) (K Units)
Figure Malaysia Solar Water Heater Consumption and Growth Rate (2014-2019) (K Units)
Figure Philippines Solar Water Heater Consumption and Growth Rate (2014-2019) (K Units)
Figure Vietnam Solar Water Heater Consumption and Growth Rate (2014-2019) (K Units)
Figure Central & South America Solar Water Heater Consumption and Growth Rate (K Units)
Table Central & South America Solar Water Heater Consumption by Application (2014-2019) (K Units)
Figure 2018 Central & South America Solar Water Heater Consumption Market Share by Application
Table Central & South America Solar Water Heater Consumption by Countries (2014-2019) (K Units)
Figure Central & South America Solar Water Heater Consumption Market Share by Countries
Figure Brazil Solar Water Heater Consumption and Growth Rate (2014-2019) (K Units)
Figure Middle East and Africa Solar Water Heater Consumption and Growth Rate (K Units)
Table Middle East and Africa Solar Water Heater Consumption by Application (2014-2019) (K Units)
Figure 2018 Middle East and Africa Solar Water Heater Consumption Market Share by Application
Table Middle East and Africa Solar Water Heater Consumption by Countries (2014-2019) (K Units)
Figure Middle East and Africa Solar Water Heater Consumption Market Share by Countries
Figure GCC Countries Solar Water Heater Consumption and Growth Rate (2014-2019) (K Units)
Figure Egypt Solar Water Heater Consumption and Growth Rate (2014-2019) (K Units)
Figure South Africa Solar Water Heater Consumption and Growth Rate (2014-2019) (K Units)
Table Global Solar Water Heater Production by Type (2014-2019) (K Units)
Table Global Solar Water Heater Production Share by Type (2014-2019)
Figure Global Solar Water Heater Production Market Share by Type (2014-2019)
Figure Global Solar Water Heater Production Market Share by Type in 2018
Table Global Solar Water Heater Revenue by Type (2014-2019) (Million US$)
Table Global Solar Water Heater Revenue Share by Type (2014-2019)
Figure Global Solar Water Heater Revenue Market Share by Type (2014-2019)
Figure Global Solar Water Heater Revenue Market Share by Type in 2018
Table Solar Water Heater Price by Type 2014-2019 (USD/Unit)
Table Global Solar Water Heater Consumption by Application (2014-2019) (K Units)
Table Global Solar Water Heater Consumption by Application (2014-2019) (K Units)
Table Global Solar Water Heater Consumption Share by Application (2014-2019)
Figure Global Solar Water Heater Consumption Market Share by Application (2014-2019)
Figure Global Solar Water Heater Value (Consumption) Market Share by Application (2014-2019)
Table Rheem Company Details
Table Rheem Solar Water Heater Production (K Units), Revenue (Million US$), Price (USD/Unit) and Gross Margin (2014-2019)
Table Rheem Solar Water Heater Recent Development
Table Apricus Company Details
Table Apricus Solar Water Heater Production (K Units), Revenue (Million US$), Price (USD/Unit) and Gross Margin (2014-2019)
Table Apricus Solar Water Heater Recent Development
Table Helioakmi S.A. Company Details
Table Helioakmi S.A. Solar Water Heater Production (K Units), Revenue (Million US$), Price (USD/Unit) and Gross Margin (2014-2019)
Table Helioakmi S.A. Solar Water Heater Recent Development
Table Himin Solar Energy Company Details
Table Himin Solar Energy Solar Water Heater Production (K Units), Revenue (Million US$), Price (USD/Unit) and Gross Margin (2014-2019)
Table Himin Solar Energy Solar Water Heater Recent Development
Table Sunrain Company Details
Table Sunrain Solar Water Heater Production (K Units), Revenue (Million US$), Price (USD/Unit) and Gross Margin (2014-2019)
Table Sunrain Solar Water Heater Recent Development
Table Jiaxing Jinyi Company Details
Table Jiaxing Jinyi Solar Water Heater Production (K Units), Revenue (Million US$), Price (USD/Unit) and Gross Margin (2014-2019)
Table Jiaxing Jinyi Solar Water Heater Recent Development
Table Emmvee Company Details
Table Emmvee Solar Water Heater Production (K Units), Revenue (Million US$), Price (USD/Unit) and Gross Margin (2014-2019)
Table Emmvee Solar Water Heater Recent Development
Table HITEK Company Details
Table HITEK Solar Water Heater Production (K Units), Revenue (Million US$), Price (USD/Unit) and Gross Margin (2014-2019)
Table HITEK Solar Water Heater Recent Development
Table Sole S.A. Company Details
Table Sole S.A. Solar Water Heater Production (K Units), Revenue (Million US$), Price (USD/Unit) and Gross Margin (2014-2019)
Table Sole S.A. Solar Water Heater Recent Development
Table Sangle Solar Company Details
Table Sangle Solar Solar Water Heater Production (K Units), Revenue (Million US$), Price (USD/Unit) and Gross Margin (2014-2019)
Table Sangle Solar Solar Water Heater Recent Development
Table TP Solar Energy Group Company Details
Table HUAYANG Company Details
Table Sunbest Company Details
Figure Global Solar Water Heater Production Forecast 2019-2025 (K Units)
Figure Global Solar Water Heater Revenue Forecast 2019-2025 (Million US$)
Table Global Solar Water Heater Revenue Forecast 2019-2025 (Million US$)
Table Global Solar Water Heater Revenue Forecast by Regions 2019-2025 (Million US$)
Figure Global Solar Water Heater Revenue Forecast by Regions 2019-2025 (Million US$)
Figure Global Solar Water Heater Revenue Market Share Forecast by Regions 2019-2025
Table Global Solar Water Heater Production Forecast by Regions 2019-2025 (K Units)
Figure Global Solar Water Heater Production Forecast by Regions 2019-2025 (K Units)
Figure Global Solar Water Heater Production Market Share Forecast by Regions 2019-2025
Figure United States Solar Water Heater Production Forecast 2019-2025 (K Units)
Figure United States Solar Water Heater Revenue Forecast 2019-2025 (Million US$)
Figure Europe Solar Water Heater Production Forecast 2019-2025 (K Units)
Figure Europe Solar Water Heater Revenue Forecast 2019-2025 (Million US$)
Figure China Solar Water Heater Production Forecast 2019-2025 (K Units)
Figure China Solar Water Heater Revenue Forecast 2019-2025 (Million US$)
Figure Japan Solar Water Heater Production Forecast 2019-2025 (K Units)
Figure Japan Solar Water Heater Revenue Forecast 2019-2025 (Million US$)
Table Global Solar Water Heater Production Forecast by Type 2019-2025 (K Units)
Figure Global Solar Water Heater Production Forecast by Type 2019-2025 (K Units)
Figure Global Solar Water Heater Production Market Share Forecast by Type 2019-2025
Table Global Solar Water Heater Revenue Forecast by Type 2019-2025 (Million US$)
Figure Global Solar Water Heater Revenue Forecast by Type 2019-2025 (Million US$)
Figure Global Solar Water Heater Revenue Market Share Forecast by Type 2019-2025
Table Global Solar Water Heater Consumption Forecast by Application 2019-2025 (K Units)
Figure Global Solar Water Heater Consumption Forecast by Application 2019-2025 (K Units)
Figure Global Solar Water Heater Consumption Market Share Forecast by Application 2019-2025
Table Global Solar Water Heater Consumption Forecast by Regions 2019-2025 (K Units)
Figure Global Solar Water Heater Consumption Forecast by Regions 2019-2025 (K Units)
Figure Global Solar Water Heater Consumption Market Share Forecast by Regions 2019-2025
Table North America Solar Water Heater Consumption Forecast by Regions 2019-2025 (K Units)
Figure United States Solar Water Heater Consumption Forecast 2019-2025 (K Units)
Figure Canada Solar Water Heater Consumption Forecast 2019-2025 (K Units)
Figure MexicoSolar Water Heater Consumption Forecast 2019-2025 (K Units)
Table Europe Solar Water Heater Consumption Forecast by Regions 2019-2025 (K Units)
Figure Germany Solar Water Heater Consumption Forecast 2019-2025 (K Units)
Figure France Solar Water Heater Consumption Forecast 2019-2025 (K Units)
Figure UK Solar Water Heater Consumption Forecast 2019-2025 (K Units)
Figure Italy Solar Water Heater Consumption Forecast 2019-2025 (K Units)
Figure Russia Solar Water Heater Consumption Forecast 2019-2025 (K Units)
Table Asia Pacific Solar Water Heater Consumption Forecast by Regions 2019-2025 (K Units)
Figure China Solar Water Heater Consumption Forecast 2019-2025 (K Units)
Figure Japan Solar Water Heater Consumption Forecast 2019-2025 (K Units)
Figure Korea Solar Water Heater Consumption Forecast 2019-2025 (K Units)
Figure India Solar Water Heater Consumption Forecast 2019-2025 (K Units)
Figure Australia Solar Water Heater Consumption Forecast 2019-2025 (K Units)
Figure Indonesia Solar Water Heater Consumption Forecast 2019-2025 (K Units)
Figure Thailand Solar Water Heater Consumption Forecast 2019-2025 (K Units)
Figure Malaysia Solar Water Heater Consumption Forecast 2019-2025 (K Units)
Figure Philippines Solar Water Heater Consumption Forecast 2019-2025 (K Units)
Figure Vietnam Solar Water Heater Consumption Forecast 2019-2025 (K Units)
Table Central & South America Solar Water Heater Consumption Forecast by Regions 2019-2025 (K Units)
Figure Brazil Solar Water Heater Consumption Forecast 2019-2025 (K Units)
Table Middle East and Africa Solar Water Heater Consumption Forecast by Regions 2019-2025 (K Units)
Figure Middle East and Africa Solar Water Heater Consumption Forecast 2019-2025 (K Units)
Figure GCC Countries Solar Water Heater Consumption Forecast 2019-2025 (K Units)
Figure Egypt Solar Water Heater Consumption Forecast 2019-2025 (K Units)
Figure South Africa Solar Water Heater Consumption Forecast 2019-2025 (K Units)
Figure Solar Water Heater Value Chain
Table Solar Water Heater Distributors List
Table Solar Water Heater Customers List
Table Research Programs/Design for This Report
Figure Bottom-up and Top-down Approaches for This Report
Figure Data Triangulation
Table Key Data Information from Secondary Sources
Table Key Data Information from Primary Sources
RESEARCH METHODOLOGY
A research methodology is a systematic approach for assessing or conducting a market study. Researchers tend to draw on a variety of both qualitative and quantitative study methods, inclusive of investigations, survey, secondary data and market observation.
Such plans can focus on classifying the products offered by leading market players or simply use statistical models to interpret observations or test hypotheses. While some methods aim for a detailed description of the factors behind an observation, others present the context of the current market scenario.
Now let’s take a closer look at the research methods here.
Secondary Research Model
Extensive data is obtained and cumulated on a substantial basis during the inception phase of the research process. The data accumulated is consistently filtered through validation from the in-house database, paid sources as well reputable industry magazines. A robust research study requires an understanding of the overall value chain. Annual reports and financials of industry players are studied thoroughly to have a comprehensive idea of the market taxonomy.
Primary Insights
Post conglomeration of the data obtained through secondary research; a validation process is initiated to verify the numbers or figures. This process is usually performed by having a detailed discussion with the industry experts.
However, we do not restrict our primary interviews only to the industry leaders. Our team covers the entire value chain while verifying the data. A significant number of raw material suppliers, local manufacturers, distributors, and stakeholders are interviewed to make our findings authentic. The current trends which include the drivers, restraints, and opportunities are also derived through the primary research process.
Market Estimation
The market estimation is conducted by analyzing the data collected through both secondary and primary research. This process involves market breakdown, bottom-up and top- down approach.
Moreover, while forecasting the market a comprehensive statistical time series model is designed for each market. Macroeconomic indicators are considered to understand the current trends of the market. Each data point is verified by the process of data triangulation method to arrive at the final market estimates.
Final Presentation
The penultimate process results in a holistic research report. The study equips key industry players to undertake significant strategic decisions through the findings. The report encompasses detailed market information. Graphical representations of the current market trends are also made available in order to make the study highly comprehensible for the reader.
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