Solar Water Heaters Market Size, Growth, Demands Outlook and Forecasts to 2030

 According to the research report, the global solarwater heaters market size is expected to touch USD 14.3  Billion by 2030, from USD 6.51 Billion in 2021, growing with a significant CAGR of 10.34% from 2022 to 2030. 

The solar water heaters market report offers a comprehensive study of the current state expected at the major drivers, market strategies, and key vendors’ growth. The report presents energetic visions to conclude and study the market size, market hopes, and competitive surroundings. The research also focuses on the important achievements of the market, research & development, and regional growth of the leading competitors operating in the market. The current trends of the global solar water heaters market in conjunction with the geographical landscape of this vertical have also been included in this report.

The report offers intricate dynamics about different aspects of the global solar water heaters market, which aids companies operating in the market in making strategic development decisions. The study also elaborates on significant changes that are highly anticipated to configure growth of the global solar water heaters market during the forecast period. It also includes a key indicator assessment that highlights growth prospects of this market and estimates statistics related to growth of the market in terms of value (US$ Mn) and volume (tons).

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 Report Scope of the Solar Water Heaters Market

Report Coverage	Details
Market Size in 2022	USD 6.51 Billion
Market Size by 2030	USD 14.3 Billion
Growth Rate from 2022 to 2030	CAGR of 10.34%
Base Year	2021
Forecast Period	2022 to 2030
Segments Covered	By Collector  By System By Application

This study covers a detailed segmentation of the global solar water heaters market, along with key information and a competition outlook. The report mentions company profiles of players that are currently dominating the global solar water heaters market, wherein various developments, expansions, and winning strategies practiced and implemented by leading players have been presented in detail.

Key Players

• Azure Power India
• Central Electronics
• Chemtrols Solar
• Euro Multivision
• Indosolar
• Jupiter Solar Power
• Lanco Solar Private
• Mahindra Solar One
• Moser Baer Photovoltaic
• Photon Energy Systems
• PLG Power
• Surana Ventures
• Tata Power Solar Systems
• Vikram Solar
• Websol Energy System
• XL Energy
• SunTank
• A.O. Smith
•  Alternate Energy Technologies
•  Rheem manufacturing
•  Viessmann
• Wagner Solar

Market Segmentation

 By Collector 

• Evacuated tube collector
• Flat Plat collector
• Unglazed water collector

By System

• Thermo siphon 
• Pumped

By Application

• Educational Institutes
• Offices
• Government
• Others

By Geography

• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East & Africa (MEA)

Research Methodology

The research methodology adopted by analysts for compiling the global solar water heaters market report is based on detailed primary as well as secondary research. With the help of in-depth insights of the market-affiliated information that is obtained and legitimated by market-admissible resources, analysts have offered riveting observations and authentic forecasts for the global market.

During the primary research phase, analysts interviewed market stakeholders, investors, brand managers, vice presidents, and sales and marketing managers. Based on data obtained through interviews of genuine resources, analysts have emphasized the changing scenario of the global market.

For secondary research, analysts scrutinized numerous annual report publications, white papers, market association publications, and company websites to obtain the necessary understanding of the global solar water heaters market.

TABLE OF CONTENT

By Collector 

• Evacuated tube collector
• Flat Plat collector
• Unglazed water collector

By System

• Thermo siphon 
• Pumped

By Application

• Educational Institutes
• Offices
• Government
• Others

By Geography

• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East & Africa (MEA)

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