Solar Water Heaters market size was valued at USD 2.05 billion in 2018 and is predicted to exhibit a CAGR of 8% by 2027.
The surge in demand for environmentally friendly, reliable and cost-effective technologies for water heating solutions across residential and non-residential facilities will increase the global solar water heater market. Solar water heaters can provide lower operating costs of 25% to 40% in winter and 75% in summer compared to conventional heating systems. The demand for energy-efficient technologies is increasing as investments in the infrastructure sector increase and awareness of the effective use of sustainable technologies is increasing.
(Get 15% Discount on Buying this Report)
Get Sample Copy of Solar Water Heaters Market at: https://www.orionmarketreports.com/request-sample/?id=39885
Top industry players across solar water heater market include A.O. Smith, Alternate Energy, Rheem Manufacturing, Viessmann, V-Guard, Racold, SunTank, Chromagen, HiminSolar, Wagner Solar, Bradford White, EMMVEE Solar, Bosch Thermotechnology, Rinnai and Linuo Ritter amongst others.
solar water heater market has been segmented based on type, collector type, application, and region. Based on type, the market is classified into pumped and thermosyphon. Thermosyphon segment is leading the market and has the largest market share, mainly due to low pricing and ease of installation and usage of the product. The global solar water heater is further segmented based on application, including residential, commercial, and industrial. Residential segment of the global solar water heater market is estimated to register the highest growth rate during the forecast period.
A full report of Global Solar Water Heaters Market is available at: https://www.orionmarketreports.com/solar-water-heaters-market/39885/
Scope of the Report
The research study analyzes the global Solar Water Heaters industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Solar Water Heaters Market Report
1. What was the Solar Water Heaters Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of Solar Water Heaters Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Solar Water Heaters Market was the market leader in 2018?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.For more customized data, request for report customization @ https://www.orionmarketreports.com/inquiry-before-buying/?id=39885
About Us:
Orion Market Reports (OMR) endeavors to provide exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.
Media Contact:
Company Name: Orion Market Reports
Contact Person: Mr. Anurag Tiwari
Email: info@orionmarketreports.com
Contact no: +91 780-304-0404
