Solar Water Heaters Market Trends 2021 | Segmentation, Outlook, Industry Report to 2027

The Solar Water Heaters Market size is expected to grow at an annual average of 6% during 2021-2027. A solar water heater is a device that receives solar heat to heat water. It collects heat with the help of a solar collector and transfers it to the water tank with the help of a circulation pump. Unlike natural resources such as natural gas and fossil fuels, solar power is free and therefore helps in energy consumption. However, in case of insufficient illumination, a backup heating system is required.

The following segmentation are covered in this report:

By End User

• Residential
• Industrial
• Commercial

By Type

• Glazed
• Unglazed

By Capacity

• 100L
• 150L
• 200L
• Others

Company Profile

• Himin Solar Energy Group
• V-Guard Industries Ltd
• Ariston Thermo SpA
• KODSAN Company
• Solav Energy
• Zhejiang JiaDeLe Solar Co. Ltd
• O. Smith Corp.
• Alternate Energy Technologies LLC
• Jiangsu Sunpower Solar Technology Co. Ltd

Scope of the report

The research study analyses the Solar Water Heaters Market 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

• Market overview and growth analysis
• Import and export overview
• Volume analysis
• Current market trends and future outlook
• Market opportunistic and attractive investment segment

Geographic coverage

• North america market size and/or volume
• Latin america market size and/or volume
• Europe market size and/or volume
• Asia-pacific market size and/or volume
• Rest of the world market size and/or volume

Key Questions Answered by Solar Water Heaters Market Report

• What was the Solar Water Heaters Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027)
• What will be the CAGR of Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
• Which manufacturer/vendor/players in the Solar Water Heaters Market was the market leader in 2020?

Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.