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A Solar Water Heater is a device which provides hot water for bathing, washing, cleaning, etc. using solar energy. It is generally installed at the terrace or where sunlight is available and heats water during day time which is stored in an insulated storage tank for use when required including mornings.
Solar water heating systems include storage tanks and solar collectors. There are two types of solar water heating systems: active, which have circulating pumps and controls, and passive, which don't.
According to our (Global Info Research) latest study, the global Solar Water Heater market size was valued at USD 2991.7 million in 2022 and is forecast to a readjusted size of USD 4467.8 million by 2029 with a CAGR of 5.9% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The main competitors in the Chilean market are Rheem, Helioakmi, Sole S.A. and other European and American companies as well as numerous companies from China. Rheem as a global leader, occupies the largest market share, about 15% market share.
This report is a detailed and comprehensive analysis for global Solar Water Heater market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global Solar Water Heater market size and forecasts, in consumption value ($ Million), sales quantity (Units), and average selling prices (USD/Unit), 2018-2029
Global Solar Water Heater market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Units), and average selling prices (USD/Unit), 2018-2029
Global Solar Water Heater market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Units), and average selling prices (USD/Unit), 2018-2029
Global Solar Water Heater market shares of main players, shipments in revenue ($ Million), sales quantity (Units), and ASP (USD/Unit), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Solar Water Heater
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Solar Water Heater market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Rheem, Sangle Solar, Helioakmi S.A., Himin Solar Energy and Sunrain, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market Segmentation
Solar Water Heater market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
- Pressurized Solar Water Heater
- Non Pressure Solar Water Heater
Market segment by Application
- Residential Use
- Commercial Use
Major players covered
- Rheem
- Sangle Solar
- Helioakmi S.A.
- Himin Solar Energy
- Sunrain
- Jiaxing Jinyi
- Sole S.A.
- HITEK
- Sunpower Solar
Market segment by region, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
- Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
- South America (Brazil, Argentina, Colombia, and Rest of South America)
- Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Solar Water Heater product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Solar Water Heater, with price, sales, revenue and global market share of Solar Water Heater from 2018 to 2023.
Chapter 3, the Solar Water Heater competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Solar Water Heater breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Solar Water Heater market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Solar Water Heater.
Chapter 14 and 15, to describe Solar Water Heater sales channel, distributors, customers, research findings and conclusion.