#Solar based Water Heater Market Share

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Solar Water Heater Market: Transitioning to Sustainable Heating Solutions (2020-2027)

The global solar water heater market is heading toward an expansion phase. This is attributed to a significant surge in demand from residential and commercial end users. In addition, a rise in concern from governments across emerging nations, such as China, India, and South Korea, regarding zero-emission norms is expected to drive market growth. The global solar water heater market was valued at $4.7 billion in 2019 and is projected to reach $6.7 billion by 2027, growing at a CAGR of 6.1% from 2020 to 2027.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐟𝐨𝐫 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅: https://www.alliedmarketresearch.com/request-sample/8322

The solar water heater is a device, which captures sunlight to heat water. It collects heat with the help of a solar collector, and the heat is passed to the water tank with the help of a circulating pump. It helps in energy consumption as solar power is free in contrast to natural resources such as natural gas or fossil fuels.

The surge in demand for water heating systems in isolated and rural areas is anticipated to propel the market growth. Small-scale solar water heaters are predominately used in rural areas due to their low cost and high efficiency in various climate conditions. For instance, China has around 5,000 small & medium-scale solar water heater manufacturers and most of them serve in rural areas. In addition, substantial government support in terms of rebates and energy schemes is expected to further attract new customers, thereby enhancing the market growth.

Based on type, the glazed segment emerged as the market leader, owing to the high absorption efficiency of glazed collectors compared to unglazed collectors. However, the high price of glazed collectors may restrict their usage for small-scale applications.

𝐆𝐞𝐭 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐞𝐝 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐰𝐢𝐭𝐡 𝐲𝐨𝐮’𝐫𝐞 𝐑𝐞𝐪𝐮𝐢𝐫𝐞𝐦𝐞𝐧𝐭𝐬: https://www.alliedmarketresearch.com/request-for-customization/8322

Based on capacity, the 100-liter capacity segment accounted for a significant market share. This is attributed to the rise in demand in the residential sector. A low-cost solar water heater with a 100-liter capacity is sufficient for a family of 2-3 members in residential buildings.

𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬:

The Solar Water Heater industry's key market players adopt various strategies such as product launch, product development, collaboration, partnership, and agreements to influence the market. It includes details about the key players in the market's strengths, product portfolio, market size and share analysis, operational results, and market positioning.

𝐒𝐨𝐦𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐦𝐚𝐣𝐨𝐫 𝐤𝐞𝐲 𝐩𝐥𝐚𝐲𝐞𝐫𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐠𝐥𝐨𝐛𝐚𝐥 𝐒𝐨𝐥𝐚𝐫 𝐖𝐚𝐭𝐞𝐫 𝐇𝐞𝐚𝐭𝐞𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐢𝐧𝐜𝐥𝐮𝐝𝐞,

Jiangsu Sunpower Solar Technology Co.,ltd Zhejiang JiaDeLe Solar Energy Co., Ltd. Solahart, Solav Energy A. O. Smith India Water Products Pvt. Ltd. Alternate Energy Technologies, KODSAN Himin Solar Energy Group Ariston Thermo SpA V-Guard Industries Ltd

The residential solar water heater segment accounted for a significant market share, owing to robust investment in the construction sector for the re-establishment and refurbishment of buildings. Most of these new buildings have solar collectors installed on the roof, which are connected to the water tank by means of a circulating pump.

North America accounted for a significant market share, owing to favorable government measures to promote solar power technologies for residential and commercial places.

𝐈𝐧𝐪𝐮𝐢𝐫𝐲 𝐛𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠: https://www.alliedmarketresearch.com/purchase-enquiry/8322

𝐊𝐞𝐲 𝐟𝐢𝐧𝐝𝐢𝐧𝐠𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐬𝐭𝐮𝐝𝐲:

- Glazed sola water heater is projected to grow at the highest CAGR of approximately 6.2%, in terms of revenue, during the forecast period. - By capacity, the others segment is anticipated to grow with a CAGR of 8.2%, in terms of revenue, during the forecast period. - The Asia-pacific dominated the market with around 55% revenue shares in 2019.

𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐢𝐧 𝐄𝐧𝐞𝐫𝐠𝐲 𝐚𝐧𝐝 𝐏𝐨𝐰𝐞𝐫 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲:

𝟏. 𝐄𝐥𝐞𝐜𝐭𝐫𝐢𝐜 𝐖𝐚𝐭𝐞𝐫 𝐇𝐞𝐚𝐭𝐞𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 - https://www.globenewswire.com/news-release/2021/10/18/2315804/0/en/Global-Electric-Water-Heater-Market-to-Reach-40-1-Billion-by-2030-Allied-Market-Research.html

𝟐. 𝐒𝐩𝐚𝐜𝐞-𝐁𝐚𝐬𝐞𝐝 𝐒𝐨𝐥𝐚𝐫 𝐏𝐨𝐰𝐞𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 - https://www.globenewswire.com/news-release/2021/10/12/2312246/0/en/Global-Space-Based-Solar-Power-Market-To-Reach-902-2-Million-by-2030-Allied-Market-Research.html

𝟑. 𝐏𝐞𝐫𝐨𝐯𝐬𝐤𝐢𝐭𝐞 𝐒𝐨𝐥𝐚𝐫 𝐂𝐞𝐥𝐥 𝐌𝐚𝐫𝐤𝐞𝐭 - https://www.prnewswire.com/news-releases/perovskite-solar-cell-market-to-reach-6-6-bn-globally-by-2030-at-32-4-cagr-amr-301407400.html

𝐀𝐛𝐨𝐮𝐭 𝐔𝐬:

Allied Market Research is a top provider of market intelligence that offers reports from leading technology publishers. Our in-depth market assessments in our research reports take into account significant technological advancements in the sector. In addition to other areas of expertise, AMR focuses on the analysis of high-tech systems and advanced production systems. We have a team of experts who compile thorough research reports and actively advise leading businesses to enhance their current procedures. Our experts have a wealth of knowledge on the topics they cover. Also, they use a variety of tools and techniques when gathering and analyzing data, including patented data sources.

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BIPV Market: Trends Supplement Large-Scale Solar Systems Adoption

As per the International Energy Outlook, the global power demand is expected to rise by 80%, requiring an investment of around $19.7 trillion by 2040. Also, the Paris Agreement set a target of limiting global warming temperature below 2° Celsius, preferably 1.5° Celsius. This has influenced governments to seek innovative ways to reduce emissions while meeting energy demand, which has paved the way for photovoltaic materials in buildings. Triton’s analysis estimates that the global building integrated photovoltaics market will propel at a CAGR of 17.31% during the forecast period 2023-2030.

Building integrated photovoltaics serves the dual purpose of being the outer layer of a building and a power generator. This, in turn, has opened a new frontier in green infrastructure, influencing architects to develop energy-efficient and aesthetically appealing buildings. For instance, Ubiquitous Energy’s transparent solar window panels, UE Power, have emerged as an aesthetically appealing power-generating alternative to conventional windows.

BIPV Revolution: Trends Reshape Energy Landscape

According to the International Renewable Energy Agency (IRENA) , around 90% of the world’s power can be generated with renewable energy by 2050. Since buildings consume high amounts of energy, BIPV integration will facilitate their transition from energy users to producers. On that note, the notable trends reshaping the market are:

Governments perceive investing in green energy solutions as an opportunity to attain GHG reduction targets. Hence, over the past few years, authorities worldwide have employed various measures to stimulate the adoption of sustainable technologies, including BIPV modules, across residential, commercial, and industrial sectors. For example:

As per the Indian Ministry of New & Renewable Energy (MNRE) , the government has implemented the production-linked incentive (PLI) scheme for high-efficiency solar PV modules with an outlay of INR 24,000 crore, to achieve domestic manufacturing capacity of solar PV cells and modules.

In 2021, the German government amended the Renewable Energy Act by establishing grid priority to drive the onshore wind, solar PV, and biogas growth. The government proposed to increase its solar capacity installations to 100 GW by 2030.

The Chinese government also formulated a policy that requires all new buildings to conform to energy guidelines modeled after LEED specifications. This policy combines a recent initiative to reconstruct 50% of residential high-rise buildings. The country is anticipated to add more than 600 GW of solar power by 2030.

Reaping the benefits from such incentives, the industrial sector leads the BIPV market at 39.54%. However, over the forecast period 2023-2030, the commercial sector is expected to witness the fastest growth at 17.38%.

As per IEA, the global solar PV generation reached around 821 TWh in 2020, a whopping 23% increase from 2019. The energy association also stated that next to utility-scale deployment, distributed applications on buildings contribute to around 40% of PV use globally. In this regard, rooftop-based applications are alleviating the burden on the distribution grids, enabling companies and households to pay lesser energy bills while reducing emissions. Moreover, the cost of installing rooftop PV systems reached around $1 per watt. Hence, roofing captures the majority of the market share at 55.69% in terms of application.

China drives the global market, followed by the US, European nations, and Japan playing a major role. The rise in installations from around 19.4 GW in 2017 to 27.3 GW in 2021 was the key aspect that made China a leader in rooftop installations. For instance, Shanghai and Dezhou have acquired the title of ‘Solar City’, which features a large fleet of rooftop solar water heaters. Besides, the Net Zero Energy Building mandate across China is expected to accelerate the PV roofing segment, with solar tiles gaining major traction. Hence, these developments are expected to widen the scope of the Asia-Pacific BIPV market over the forecast period 2023-2030.

IEA projects that photovoltaic systems are estimated to account for approximately 14% of the total power generation by 2050, owing to the rising detrimental impact of fossil fuels. In fact, the organization stated that PV systems saved more than 860 million tons of C02 in 2020. The construction industry is highly innovative in the commercial sector owing to the development of cost-effective zero-emission green facilities.

As per IRENA, Germany ranks fourth in solar energy production globally. In 2021, the nation installed solar capacities of almost 60 GW, an increase of 5.3 GW from 2020. These actions are based on the country’s aim to obtain a 65% share of the renewable energy sector by 2030. Moreover, the Energy Efficiency Strategy for Building suggested advanced technology development to achieve the goal of a virtually climate-neutral building stock by 2050. Hence, the growing focus on sustainable energy sources fuels the overall Europe BIPV market, spearheaded mainly by Germany.

PV Cost Reduction: A Driving Force for Market Players

Since photovoltaic systems generate energy with around 42% efficiency using multi-junction cells, they have emerged as an ideal alternative over complex installations, such as wind turbines. As per the UN, between 2010 to 2020, the cost of power from solar systems plummeted by around 85%. This highlights the question:

What induced PV cost reduction?

The significant cost decline is mainly because of overproduction and higher investment in PV modules. Another factor is the efforts by Chinese suppliers and wholesalers to reduce the stock held in European warehouses to prevent anti-dumping and anti-subsidy tariffs. This oversupply, from China to Europe thus shrunk the cost of silicon. Such developments led energy solutions supplier Sungrow to supply products to the world’s largest BIPV plant (120 MW) in Central China’s Jiangxi Province. Therefore, the increasing efficiency, ease of installation, and decreasing cost of PV modules over conventional sources like coal and natural gas are expected to open new avenues for players in the building integrated photovoltaics market.

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Water Heater Market - Forecast (2022 - 2027)

Water Heater Market size is estimated at $28.5 billion in 2020, projected to grow at a CAGR of 4.8% during the forecast period 2021-2026. Water Heater is an Electric Heater appliance that heats water for a variety of uses. Water heaters are available because of their energy efficiency and small scale. Electric Heater geysers have become very common for home use. Moreover, the Water Heater industry is growing, owing to the rising demand and widespread domestic applications such as hot water for cooking, bathing and cleaning. The water heater market would benefit from rising demand for energy efficient systems and geysers, as well as favorable regulatory policies on carbon emissions. For instance, in 2016, the United Arab Emirates invested $3Million in the area to introduce green strategies. Besides this, the growing number of strategies adopted by key players such as partnership, acquisition and collaboration to expand their presence and innovation in water heating technology to gain the market traction is set to drive its water heater industry.

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Water Heater Market Report Coverage

The report: “Water Heater Market Forecast (2021-2026)”, by Industry ARC, covers an in-depth analysis of the following segments of the Water Heater Market.

By Product Type: Solar Heater, Electric Heater and Solar Heater.

By Technology: Tankless, Hybrid and Storage Heater.

By Application: Residential, Industrial and Commercial.

By Geography: North America (U.S, Canada and Mexico), Europe (Germany, UK, France, Italy, Spain, Russia and Rest of Europe), Asia Pacific (China, Japan India, South Korea, Australia & New Zealand, and Rest of Asia Pacific), South America (Brazil, Argentina and Rest of South America) and RoW (Middle East and Africa).

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Key Takeaways

Water Heater market growth is being driven by technological advances, adoption of new techniques, and the innovation are resulting in the production of low-cost heaters and energy-efficient.

Geographically, North America Water Heater Market held the largest revenue share of 38% in 2020 owing to the presence of potential players who are creating new products, high investments in R&D, and government funding. The scope of the Water Heater Market for various regions will be provided in the final report.

The Water Heater Industry is expanding owing to rising perception of the product’s benefits in various applications and consumer preferences are expected to shift as quality levels increase.

The growing demand for Storage Heater owing to easy installation and maintenance is a significant factor that is expected to push the Water Heater industry during the forecast period 2021-2026.

Water Heater Market Segment Analysis – By Product Type:

Based on Product Type, Electric Heater Segment accounted for the largest revenue market share of around 75% in 2020 and is also anticipated to grow with the fastest CAGR. Electric Heater water heaters are becoming more popular as people become more concerned about energy efficiency and have huge growth in the number of pre-plumbed unvented systems in new constructions. To make Electric Heaters easier to use, manufacturers are incorporating smart heating controls. Electric Heaters are widely used in the commercial sector to help with production and for workers comfort. Water heaters are also being replaced more often as a result of energy efficiency laws variance in different countries. As a result, demand for highly efficient tankless Electric water heaters is growing and thus driving the Water Heater Industry. Solar Heater segment is anticipated to grow with the second fastest CAGR of 5.8% in the forecast period 2021-2026, attributed to the rising customer awareness of Solar water heaters and their cost-effective and environmentally friendly benefits in both the residential and commercial sectors. Furthermore, the government's initiatives to promote Solar Heater products in India, as well as increasing product technical advances and rapid urbanization, are expected to drive segment growth.

Water Heater Market Segment Analysis – By Application:

Based on Application, Commercial accounted for the largest revenue market share in 2020. The demand for water heaters is being driven by the expansion of commercial infrastructure in various countries. Water heaters are used by small to mid-sized businesses in their everyday operations. Companies are adopting highly effective water heaters in the meantime to reduce energy consumption and operating performance. Commercial water heaters must be upgraded owing to increased use. As a result, manufacturers are incorporating new innovations that can serve as a cue for commercial water heater upgrades. Tankless heaters & Electric Heaters are gaining popularity in the commercial sector, owing to their ability to supply a large amount of hot water for an extended period of time driving the Water Heater Industry. Residential is projected to witness the fastest CAGR of 5.3% during the forecast period 2021-2026. Continuous infrastructure growth, combined with an increase in the deployment of energy efficient heating systems, would propel the segment forward. According to the IBEF, India would need over USD 777 billion in infrastructure investment by 2022. The industry will benefit from the ongoing rollout of smart cities with strict building efficiency codes and standards.

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Water Heater Market Segment Analysis – By Geography:

Based on Geography, North America Water Heater Market accounted for the 38% revenue share in 2020. More than 9 million water heaters are sold in the United States per year, indicating that there is a strong demand for water heaters in North America, which accounts for a large portion of the industry. Tankless water heaters in the United States are compact, dependable, and long-lasting devices that provide high performance and much better energy efficiency than tank units. Due to the cold weather conditions in the area, demand for heating appliances is extremely high in most North American countries. In July 2017, Rinnai America has announced that it has expanded its North American headquarters by constructing a new two-story headquarters building and opening a North America Innovation and Training Center accelerating water heater expansion across the region. Asia-Pacific is predicted to be the fastest growing region during the forecast period 2021- 2026 owing towards economic growth in countries like China, Japan, Australia and India

Water Heater Market - Drivers

The Growing Demand for Storage Heater:

By using hot water Storage Heater tanks, Storage Heater water heaters help to maximize heating ability. Manufacturers provide Storage Heater in a range of sizes to meet the needs of customers. Storage Heater are less costly to install than other types of water heaters, and they are also simple to maintain and repair. However, since Storage Heater have been known to burst, vendors are focusing on offering standard water heater services. Furthermore, Storage Heater necessitate space for the tank; as a result, manufacturers are concentrating on reducing the size of Storage Heater to alleviate the space problem driving the Water Heater Industry. 

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Water Heater Market - Challenges

Increase In Electric Prices: 

Rising electricity prices are expected to restrict the growth of the water heater industry. Water heating systems, such as electric heaters, are the second largest consumer of electricity in the home, accounting for 18 percent of total electricity costs, according to the US Department of Energy. Furthermore, an average water heater operates for three hours every day, as per study thereby, hampering the industry development.

Water Heater Market - Landscape:

The Water Heater Market's main strategies include product launches, mergers and acquisitions, joint ventures, and regional expansion. Water Heater Market top 10 companies are State Industries, Ariston Thermo, Haier Electronics, Fast Water Heater, Neighbourly Company Viessmann, Rinnai, A.O Smith, Rheem Manufacturing, Whirlpool Corporation and American Residential Services.

Acquisitions/Product Launches:

In August 2020, A.O Smith launched MiniBot, a 3-litre instant water heater with modern technology. MiniBot's inner tank is filled with Blue Diamond glass, which provides superior corrosion resistance to traditional glass-lined items. It also protects against premature tank failure due to India's hard and polluted water, extending the life of the water heater.

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#Water Heater Market #Water Heater Market size #Water Heater industry #Water Heater Market share

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Asia Pacific Solar based Water Heater Market - EPL India Ltd, Inter Solar, TARA POWER TECH, SunPower, Azuma Solar Co. Ltd., Chiryu Heater, Green Tek India Pvt. Ltd., EMMVEE

A fresh research report presented by KD Market Insights provides a detailed analysis of “Solar based Water Heater Market” research report will include all the major trends and technologies that play an important role in market growth in the predicted span of 6 years. It also presents the overview of industry players, advantages, challenges the business is going through. The research provides a complete understanding of the Asia Pacific Solar based Water Heater Market terms of revenue.

Report start from the market overview section which demonstrates the market drivers, restraints and opportunities that influence the current and future status of the market. It also includes key trends, implementation restraints, end-user product issues and many more. These factors are responsible for changing the market scenario. The deep analysis of each segment in the report is provided in order to provide a thorough understanding of the overall scenario in the Solar based Water Heater Market. The report covers the competitor’s strategies that help them to capture the market.

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The Asia Pacific solar based water heater market is forecasted to reach at a notable value of around USD 4.5 Billion by the end of 2023. The market of solar water heater is expected to thrive on the back of growing number of rising environmental concerns among population and government initiatives to curb pollution in this region. Governments in Asia Pacific region are encouraging population to adopt renewable energy driven technologies such as solar water heater and others. Apart from this, governments are offering numerous incentives to boost the adoption of solar based technologies in country. Such government initiative and support are likely to augment the growth of solar based water heater market in Asia Pacific region in upcoming years.

Segmentation

The research offers a comprehensive analysis of solar based water heater market with respect to following sub-markets:

By Type

- Active Solar Water Heating Systems

- Direct circulation systems

- Indirect circulation systems

- Passive Solar Water Heating Systems

- Integral collector-storage passive systems

- Thermosyphon systems

By End-User

- Commercial

- Residential

- Industrial

By Component

- Storage Tank

- Solar Collector

- Heat Exchangers

- Controls & Monitoring

- Pump Group

By Country

Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand and Rest of Asia Pacific)

Competitive Landscape

- EPL India Ltd

- Inter Solar

- TARA POWER TECH

- SunPower

- Azuma Solar Co. Ltd.

- Chiryu Heater

- GreenTek India Pvt. Ltd.

- EMMVEE

- Solarmate

- Nuetech Solar System

Competitive landscape analysis provides detailed strategic analysis of the company’s business and performance such as financial information, revenue breakup by segment and by country, SWOT Analysis, risk analysis, key facts, company overview, business strategy, key product offerings, marketing and distribution strategies, new product development, recent news (acquisition, expansion, technology development, research & development expansion and other market activities.

Browse Full report With TOC @ https://www.kdmarketinsights.com/product/asia-pacific-solar-based-water-heater-market-2017

Table of Contents

Research Methodology

Market Definition and List of Abbreviations

1. Executive Summary

2. Growth Drivers & Issues in Asia Pacific Solar based Water Heater Market

3. Asia Pacific Solar based Water Heater Market Trends

4. Opportunities in Asia Pacific Solar based Water Heater Market

5. Recent Industry Activities, 2017

6. Porter's Five Forces Analysis

7. Market Value Chain and Supply Chain Analysis

8. Asia Pacific Solar based Water Heater Market Size (USD Million), Growth Analysis and Forecast, (2017-2023)

9. Asia Pacific Solar based Water Heater Market Segmentation Analysis, By Type

9.1. Introduction

9.2. Market Attractiveness, By Type

9.3. BPS Analysis, By Type

9.4. Active Solar Water Heating Systems Market Size & Forecast (USD Million), 2017-2023

9.4.1. Direct circulation systems Market Size & Forecast (USD Million), 2017-2023

9.4.2. Indirect circulation systems Market Size & Forecast (USD Million), 2017-2023

9.5. Passive Solar Water Heating Systems Market Size & Forecast (USD Million), 2017-2023

9.5.1. Integral collector-storage passive systems Market Size & Forecast (USD Million), 2017-2023

9.5.2. Thermosyphon systems Market Size & Forecast (USD Million), 2017-2023

10. Asia Pacific Solar based Water Heater Market Segmentation Analysis, By End-Users

10.1. Introduction

10.2. Market Attractiveness, By End-Users

10.3. BPS Analysis, By End-Users

10.4. Commercial Market Size & Forecast (USD Million), 2017-2023

10.5. Residential Market Size & Forecast (USD Million), 2017-2023

10.6. Industrial Market Size & Forecast (USD Million), 2017-2023

11. Asia Pacific Solar based Water Heater Market Segmentation Analysis, By Component

11.1. Introduction

11.2. Market Attractiveness, By Component

11.3. BPS Analysis, By Component

11.4. Storage Tank Market Size & Forecast (USD Million), 2017-2023

11.5. Solar Collector Market Size & Forecast (USD Million), 2017-2023

11.6. Heat Exchangers Market Size & Forecast (USD Million), 2017-2023

11.7. Controls & Monitoring Market Size & Forecast (USD Million), 2017-2023

11.8. Pump Group Market Size & Forecast (USD Million), 2017-2023

Continue…

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#Solar based Water Heater Market #Solar based Water Heater Market Size #Solar based Water Heater Market Share

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Asia Pacific Solar based Water Heater Market Outlook and Growth Forecasted By 2023

A new market research report on the Asia Pacific Solar based Water Heater market has introduced by KD Market Insights. The report is dedicated to in-depth industry analysis of the Asia Pacific Solar based Water Heater market. The Asia Pacific Solar based Water Heater analysis is broken down on different segmentation levels including Market By Type, By End-User, By Component. The Asia Pacific Solar Based Water Heater Market is forecasted to reach at a notable value of around USD 4.5 Billion by the end of 2023. The market of solar water heater is expected to thrive on the back of growing number of rising environmental concerns among population and government initiatives to curb pollution in this region. Governments in Asia Pacific region are encouraging population to adopt renewable energy driven technologies such as solar water heater and others. Apart from this, governments are offering numerous incentives to boost the adoption of solar based technologies in country. Such government initiative and support are likely to augment the growth of solar based water heater market in Asia Pacific region in upcoming years. Get Report Sample Copy @ https://www.kdmarketinsights.com/sample/132 Segmentation The research offers a comprehensive analysis of solar based water heater market with respect to following sub-markets: By Type - Active Solar Water Heating Systems - Direct circulation systems - Indirect circulation systems - Passive Solar Water Heating Systems - Integral collector-storage passive systems - Thermosyphon systems By End-User - Commercial - Residential - Industrial By Component - Storage Tank - Solar Collector - Heat Exchangers - Controls & Monitoring - Pump Group By Country Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand and Rest of Asia Pacific) Competitive Landscape - EPL India Ltd - Inter Solar - TARA POWER TECH - SunPower - Azuma Solar Co. Ltd. - Chiryu Heater - GreenTek India Pvt. Ltd. - EMMVEE - Solarmate - Nuetech Solar System Competitive landscape analysis provides detailed strategic analysis of the company’s business and performance such as financial information, revenue breakup by segment and by country, SWOT Analysis, risk analysis, key facts, company overview, business strategy, key product offerings, marketing and distribution strategies, new product development, recent news (acquisition, expansion, technology development, research & development expansion and other market activities. Access Complete Research Report with TOC @ https://www.kdmarketinsights.com/product/asia-pacific-solar-based-water-heater-market-2017 Table of Content Research Methodology Market Definition and List of Abbreviations 1. Executive Summary 2. Growth Drivers & Issues in Asia Pacific Solar based Water Heater Market 3. Asia Pacific Solar based Water Heater Market Trends 4. Opportunities in Asia Pacific Solar based Water Heater Market 5. Recent Industry Activities, 2017 6. Porter's Five Forces Analysis 7. Market Value Chain and Supply Chain Analysis 8. Asia Pacific Solar based Water Heater Market Size (USD Million), Growth Analysis and Forecast, (2017-2023) 9. Asia Pacific Solar based Water Heater Market Segmentation Analysis, By Type 9.1. Introduction 9.2. Market Attractiveness, By Type 9.3. BPS Analysis, By Type 9.4. Active Solar Water Heating Systems Market Size & Forecast (USD Million), 2017-2023 9.4.1. Direct circulation systems Market Size & Forecast (USD Million), 2017-2023 9.4.2. Indirect circulation systems Market Size & Forecast (USD Million), 2017-2023 9.5. Passive Solar Water Heating Systems Market Size & Forecast (USD Million), 2017-2023 9.5.1. Integral collector-storage passive systems Market Size & Forecast (USD Million), 2017-2023 9.5.2. Thermosyphon systems Market Size & Forecast (USD Million), 2017-2023 10. Asia Pacific Solar based Water Heater Market Segmentation Analysis, By End-Users 10.1. Introduction 10.2. Market Attractiveness, By End-Users 10.3. BPS Analysis, By End-Users 10.4. Commercial Market Size & Forecast (USD Million), 2017-2023 10.5. Residential Market Size & Forecast (USD Million), 2017-2023 10.6. Industrial Market Size & Forecast (USD Million), 2017-2023 11. Asia Pacific Solar based Water Heater Market Segmentation Analysis, By Component 11.1. Introduction 11.2. Market Attractiveness, By Component 11.3. BPS Analysis, By Component 11.4. Storage Tank Market Size & Forecast (USD Million), 2017-2023 11.5. Solar Collector Market Size & Forecast (USD Million), 2017-2023 11.6. Heat Exchangers Market Size & Forecast (USD Million), 2017-2023 11.7. Controls & Monitoring Market Size & Forecast (USD Million), 2017-2023 11.8. Pump Group Market Size & Forecast (USD Million), 2017-2023 12. Geographical Analysis 12.1. Introduction 12.2. Asia Pacific Market Size (USD Million), 2017-2023 12.2.1. By Type 12.2.1.1. Introduction 12.2.1.2. Market Attractiveness, By Type 12.2.1.3. BPS Analysis, By Type 12.2.1.4. Active Solar Water Heating Systems Market Size & Forecast (USD Million), 2017-2023 12.2.1.4.1. Direct circulation systems Market Size & Forecast (USD Million), 2017-2023 12.2.1.4.2. Indirect circulation systems Market Size & Forecast (USD Million), 2017-2023 12.2.1.5. Passive Solar Water Heating Systems Market Size & Forecast (USD Million), 2017-2023 12.2.1.5.1. Integral collector-storage passive systems Market Size & Forecast (USD Million), 2017-2023 12.2.1.5.2. Thermosyphon systems Market Size & Forecast (USD Million), 2017-2023 12.2.2. By End-Users 12.2.2.1. Introduction 12.2.2.2. Market Attractiveness, By End-Users 12.2.2.3. BPS Analysis, By End-Users 12.2.2.4. Commercial Market Size & Forecast (USD Million), 2017-2023 12.2.2.5. Residential Market Size & Forecast (USD Million), 2017-2023 12.2.2.6. Industrial Market Size & Forecast (USD Million), 2017-2023 12.2.3. By Component 12.2.3.1. Introduction 12.2.3.2. Market Attractiveness, By Component 12.2.3.3. BPS Analysis, By Component 12.2.3.4. Storage Tank Market Size & Forecast (USD Million), 2017-2023 12.2.3.5. Solar Collector Market Size & Forecast (USD Million), 2017-2023 12.2.3.6. Heat Exchangers Market Size & Forecast (USD Million), 2017-2023 12.2.3.7. Controls & Monitoring Market Size & Forecast (USD Million), 2017-2023 12.2.3.8. Pump Group Market Size & Forecast (USD Million), 2017-2023 12.2.4. By Country 12.2.4.1. Market Attractiveness, By Country 12.2.4.2. BPS Analysis, By Country 12.2.4.3. China Market Size (USD Million), 2017-2023 12.2.4.4. India Market Size (USD Million), 2017-2023 12.2.4.5. Japan Market Size (USD Million), 2017-2023 12.2.4.6. South Korea Market Size (USD Million), 2017-2023 12.2.4.7. Indonesia Market Size (USD Million), 2017-2023 12.2.4.8. Taiwan Market Size (USD Million), 2017-2023 12.2.4.9. Australia Market Size (USD Million), 2017-2023 12.2.4.10. New Zealand Market Size (USD Million), 2017-2023 12.2.4.11. Rest of Asia Pacific Market Size (USD Million), 2017-2023 Continue @... Check for Discount @ https://www.kdmarketinsights.com/discount/132 About Us: KD Market Insights offers a comprehensive database of syndicated research studies, customized reports, and consulting services. These reports are created to help in making smart, instant and crucial decisions based on extensive and in-depth quantitative information, supported by extensive analysis and industry insights. Our dedicated in-house team ensures the reports satisfy the requirement of the client. We aim at providing value service to our clients. Our reports are backed by extensive industry coverage and is made sure to give importance to the specific needs of our clients. The main idea is to enable our clients to make an informed decision, by keeping them and ourselves up to date with the latest trends in the market. 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#Solar based Water Heater Market #Solar based Water Heater Market Size #Solar based Water Heater Market Share

[chemicalsmaterial]

Water Heater Market Growth and Analysis

Global Water Heater Market will exhibit a growth rate of 5.06% for the forecast period of 2022-2029

Global Water Heater Market Analysis and Insights:

 The rapid technological progress is the major factor accelerating the growth of the water heater market. Furthermore, rising demand for water heating systems, growing disposable income, growing government initiatives to improve the usage of solar water heaters, and high growth in construction and business industry are also expected to drive the growth of the water heater market. However high electricity price, and high installation cost can restrain the water heater market growth, whereas the problem related with the quality and energy efficiency will challenge the market growth.

In addition, growing population and urbanization as well as the high demand for energy efficient water heaters and its trending application will create ample opportunities for the water heater market.

The water heater market report is the best to know the trends and opportunities in ICT industry. In this report, several aspects about the market research and analysis for the ICT industry have been underlined. This all inclusive business research report also endows with the information, statistics, facts and figures which are very helpful for the companies to maximize or minimize the production of goods depending on the states of demand. With the competitive analysis of the major players in the market, the water heater report lends a hand to businesses in taking better moves for improving their product and sales.

 Global Water Heater Market Scope and Market Size:

On the basis of product, the water heater market is segmented into instant and storage.

Based on product type, the water heater market is segmented into solar heaters, electric heaters, gas & propane heaters and geothermal heaters.

Based on application, the water heater market is divided into residential and commercial. Commercial segment is divided into college/university, office and government/military.

Get full report here: https://www.databridgemarketresearch.com/reports/global-water-heater-market

  Global Water Heater Market Country Level Analysis:

The countries covered in the water heater market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America..

Get Sample Report here: https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-water-heater-market

Major TOC of the Report:

Chapter One: Introduction

Chapter Two: Market Segmentation

Chapter Three: Market Overview  

Chapter Four: Executive Summary

Chapter Five: Premium Insight

Chapter Six: COVID-19 Impact on Global Water Heater Market

 Get TOC here: https://www.databridgemarketresearch.com/toc/?dbmr=global-water-heater-market

 Competitive Landscape and Water Heater Market Share Analysis:

The Water Heater market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, company strengths and weaknesses, product launch, clinical trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the companies’ focus related to Water Heater market.

Moreover, this research report highlights numerous industry verticals such as company profile, contact details of manufacturer, product specifications, geographical scope, production value, market structures, recent developments, revenue analysis, market shares and possible sales volume of the company. To gain actionable market insights to build sustainable and money-spinning business strategies with an ease, Water Heater market research report is a great option. The market document provides top to bottom analysis and estimation of various market related factors that plays key role in better decision making. The Water Heater report describes CAGR (compound annual growth rate) values and its fluctuations for the specific forecast period.

  Major Players:

Rinnai Corporation

HTP Comfort Solutions LLC

Bradford White Corporation

Noritz America

Haier Inc.

Ariston Thermo SPA

 About Us:

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market.

 Contact:

Data Bridge Market Research

Tel: [phone]

Email: [email protected]

#Water Heater Market Growth

[globalaircraft]

Water Heater Market Growth and Demand

Global Water Heater Market will exhibit a growth rate of 5.06% for the forecast period of 2022-2029

Global Water Heater Market Analysis and Insights:

The rapid technological progress is the major factor accelerating the growth of the water heater market. Furthermore, rising demand for water heating systems, growing disposable income, growing government initiatives to improve the usage of solar water heaters, and high growth in construction and business industry are also expected to drive the growth of the water heater market. However high electricity price, and high installation cost can restrain the water heater market growth, whereas the problem related with the quality and energy efficiency will challenge the market growth.

In addition, growing population and urbanization as well as the high demand for energy efficient water heaters and its trending application will create ample opportunities for the water heater market.

The water heater market report is the best to know the trends and opportunities in ICT industry. In this report, several aspects about the market research and analysis for the ICT industry have been underlined. This all inclusive business research report also endows with the information, statistics, facts and figures which are very helpful for the companies to maximize or minimize the production of goods depending on the states of demand. With the competitive analysis of the major players in the market, the water heater report lends a hand to businesses in taking better moves for improving their product and sales.

Global Water Heater Market Scope and Market Size:

On the basis of product, the water heater market is segmented into instant and storage.

Based on product type, the water heater market is segmented into solar heaters, electric heaters, gas & propane heaters and geothermal heaters.

Based on application, the water heater market is divided into residential and commercial. Commercial segment is divided into college/university, office and government/military.

Get full report here: https://www.databridgemarketresearch.com/reports/global-water-heater-market

Global Water Heater Market Country Level Analysis:

The countries covered in the water heater market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America..

Get Sample Report here: https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-water-heater-market

Major TOC of the Report:

Chapter One: Introduction

Chapter Two: Market Segmentation

Chapter Three: Market Overview

Chapter Four: Executive Summary

Chapter Five: Premium Insight

Chapter Six: COVID-19 Impact on Global Water Heater Market

Get TOC here: https://www.databridgemarketresearch.com/toc/?dbmr=global-water-heater-market

Competitive Landscape and Water Heater Market Share Analysis:

The Water Heater market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, company strengths and weaknesses, product launch, clinical trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the companies’ focus related to Water Heater market.

Moreover, this research report highlights numerous industry verticals such as company profile, contact details of manufacturer, product specifications, geographical scope, production value, market structures, recent developments, revenue analysis, market shares and possible sales volume of the company. To gain actionable market insights to build sustainable and money-spinning business strategies with an ease, Water Heater market research report is a great option. The market document provides top to bottom analysis and estimation of various market related factors that plays key role in better decision making. The Water Heater report describes CAGR (compound annual growth rate) values and its fluctuations for the specific forecast period.

Major Players:

Rinnai Corporation

HTP Comfort Solutions LLC

Bradford White Corporation

Noritz America

Haier Inc.

Ariston Thermo SPA

About Us:

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market.

Contact:

Data Bridge Market Research

Tel: [phone]

Email: [email protected]

#Water Heater Market Growth

[rahulpande15]

Solar Water Heater Market – Exclusive Report Study with Forecast to 2030

Market Highlights:

The global solar water heater market is expected to grow at ~ 8.50% CAGR during the forecast period.

Solar water heater is a device which provides hot water for industrial, commercial, and residential applications. A solar water heater comprises of an array of collectors to collect and store solar energy. There are mainly three types of solar collectors that are used in residential applications such as flat-plate collector, evacuated tube collector, and unglazed water collector. Solar water heater is majorly used to save energy bills. Moreover, the domestic and commercial consumers are entitled to claim renewable heat incentive for generating heat energy.

Get Free Sample PDF @ https://www.marketresearchfuture.com/sample_request/7132

Based on application, the market is segmented as residential, commercial, and industrial. Residential segment is estimated to dominate the market during the forecast period due to the increasing demand for energy efficient water heater and rising investment in construction activities. The installation is majorly taking place in Europe, North America, and Asia Pacific. Considering the type, the market is segmented as pumped and thermosyphon. Thermosyphon accounts for largest share in the solar water heater market due to affordable pricing and convenient usage. 

Market Research Analysis:

Asia Pacific accounts for the largest market share in the Solar Water Heater Market

Region wise, Asia Pacific held the largest market share of the global solar water heater market in 2017. It is estimated that Asia-Pacific region would be the fastest growing market during the forecast period, mainly due to the rising investment in renewable energy sources and high demand for solar water heaters by the residential and commercial complexes. The solar water heater market would be mainly driven by the favorable government regulations against greenhouse gas emissions.

Scope of the Report

This report provides an in-depth analysis of the global solar water heater market, tracking three market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, and share for North America, Asia-Pacific (APAC), Europe, and Rest of the World. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the solar water heater market by its type, collector type, application, and by region.

Key Players:

The key players of the global solar water heater market are Rheem Manufacturing (US), A.O.Smith (US), SunTank (South Africa), Bradford White Corporation (US), Bosch (Germany), Honeywell Corporation (US),  Racold (India), Alternate energy Technologies (US), Viessmann Manufacturing (US), and Wagner Solar (UK), among others.

Browse Complete Report @ https://www.marketresearchfuture.com/reports/solar-water-heater-market-7132

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MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

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[latest-market-reports-and-trends]

Global Heat Pump Research Report 2022 - Industry Size, Share, Demands, Regional Analysis & Estimations Till 2028

The Global Heat Pump Water Heaters Market Report, in its latest update, highlights the significant impacts and the recent strategical changes under the present socio-economic scenario. The Heat Pump industry growth avenues are deeply supported by exhaustive research by the top analysts of the industry. The report starts with the executive summary, followed by a value chain and marketing channels study. The report then estimates the CAGR and market revenue of the global and regional segments.

Base Year: 2021

Estimated Year: 2022

Forecast Till: 2028

The report classifies the market into different segments based on type and product. These segments are studied in detail, incorporating the market estimates and forecasts at regional and country levels. The segment analysis is helpful in understanding the growth areas and potential opportunities of the market.

Get | Download FREE Sample Report of Global Heat Pump Water Heaters Market @ https://www.decisiondatabases.com/contact/download-sample-16091

A special section is dedicated to the analysis of the impact of the COVID-19 pandemic on the growth of the Heat Pump Water Heaters market.  The impact is closely studied in terms of production, import, export, and supply.

The report covers the complete competitive landscape of the Worldwide Heat Pump Water Heaters market with company profiles of key players such as:

A. O. Smith Corp.

ait-deutschland GmbH

DAIKIN INDUSTRIES, Ltd.

Dimplex North America Ltd.

Energy Star

GE Appliances

Gree Electric Appliances Inc.

Guangdong Tongyi Heat Pump Science and Technology Corp.

Hangzhou Jinjiang Solar

Hayward Industries, Inc.

Hitachi, Ltd.

Midea Group

Mitsubishi Electric

Nihon Itomic Co.,Ltd.

OCHSNER Wärmepumpen GmbH

Panasonic Corporation

Pentair plc

Rheem Manufacturing Company

Stiebel Eltron Inc.

Thermia Heat Pumps

Toshiba Corporation

Viessmann Limited

Wotech Industrial Co.,Ltd.

Zhejiang Zhongguang Electrical Co., Ltd.

Zhongrui

Zodiac Pool Systems, Inc.

Want to add more Company Profiles to the Report? Write your Customized Requirements to us @ https://www.decisiondatabases.com/contact/get-custom-research-16091

Heat Pump Water Heaters Market Analysis by Type:

Air Source Heat Pump

Water Source Heat Pump

Ground Source Heat Pump

Heat Pump Water Heaters Market Analysis by Application:

Residential Use

Commercial & Industrial Use

Heat Pump Water Heaters Market Analysis by Geography:

North America (USA, Canada, and Mexico)

Europe (Germany, UK, France, Italy, Russia, Spain, Rest of Europe)

Asia Pacific (China, India, Japan, South Korea, Australia, South-East Asia, Rest of Asia-Pacific)

Latin America (Brazil, Argentina, Peru, Chile, Rest of Latin America)

The Middle East and Africa (Saudi Arabia, UAE, Israel, South Africa, Rest of the Middle East and Africa)

Key questions answered in the report:

What is the expected growth of the Heat Pump Water Heaters market between 2022 to 2028?

Which application and type segment holds the maximum share in the Global Heat Pump Water Heaters market?

Which regional Heat Pump Water Heaters market shows the highest growth CAGR between 2022 to 2028?

What are the opportunities and challenges currently faced by the Heat Pump Water Heaters market?

Who are the leading market players and what are their Strengths, Weakness, Opportunities, and Threats (SWOT)?

What business strategies are the competitors considering to stay in the Heat Pump Water Heaters market?

Purchase the Complete Global Heat Pump Water Heaters Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-16091

About Us:

DecisionDatabases.com is a global business research report provider, enriching decision-makers, and strategists with qualitative statistics. DecisionDatabases.com is proficient in providing syndicated research reports, customized research reports, company profiles, and industry databases across multiple domains. Our expert research analysts have been trained to map client’s research requirements to the correct research resource leading to a distinctive edge over its competitors. We provide intellectual, precise, and meaningful data at a lightning speed.

For more details: DecisionDatabases.com E-Mail: [email protected] Phone: [phone] Web: https://www.decisiondatabases.com/

#Heat Pump Marke #Heat Pump Market #Heat Pump Market Report #Heat Pump Market Size

[sweetyiarc]

WATER HEATER MARKET SIZE TO GROW AT A CAGR OF 4.8% DURING THE FORECAST PERIOD 2021-2026

Water Heater Market size is estimated at $28.5 billion in 2020, projected to grow at a CAGR of 4.8% during the forecast period 2021-2026. Water Heater is an Electric Heater appliance that heats water for a variety of uses. Water heaters are available because of their energy efficiency and small scale. Electric Heater geysers have become very common for home use. Moreover, the Water Heater industry is growing, owing to the rising demand and widespread domestic applications such as hot water for cooking, bathing and cleaning. The water heater market would benefit from rising demand for energy efficient systems and geysers, as well as favorable regulatory policies on carbon emissions. For instance, in 2016, the United Arab Emirates invested $3Million in the area to introduce green strategies. Besides this, the growing number of strategies adopted by key players such as partnership, acquisition and collaboration to expand their presence and innovation in water heating technology to gain the market traction is set to drive its water heater industry.

Water Heater Market Segment Analysis – By Product Type:

Based on Product Type, Electric Heater Segment accounted for the largest revenue market share of around 75% in 2020 and is also anticipated to grow with the fastest CAGR. Electric Heater water heaters are becoming more popular as people become more concerned about energy efficiency and have huge growth in the number of pre-plumbed unvented systems in new constructions. To make Electric Heaters easier to use, manufacturers are incorporating smart heating controls. Electric Heaters are widely used in the commercial sector to help with production and for workers comfort. Water heaters are also being replaced more often as a result of energy efficiency laws variance in different countries. As a result, demand for highly efficient tankless Electric water heaters is growing and thus driving the Water Heater Industry. Solar Heater segment is anticipated to grow with the second fastest CAGR of 5.8% in the forecast period 2021-2026, attributed to the rising customer awareness of Solar water heaters and their cost-effective and environmentally friendly benefits in both the residential and commercial sectors. Furthermore, the government’s initiatives to promote Solar Heater products in India, as well as increasing product technical advances and rapid urbanization, are expected to drive segment growth.

Water Heater Market Segment Analysis – By Application:

Based on Application, Commercial accounted for the largest revenue market share in 2020. The demand for water heaters is being driven by the expansion of commercial infrastructure in various countries. Water heaters are used by small to mid-sized businesses in their everyday operations. Companies are adopting highly effective water heaters in the meantime to reduce energy consumption and operating performance. Commercial water heaters must be upgraded owing to increased use. As a result, manufacturers are incorporating new innovations that can serve as a cue for commercial water heater upgrades. Tankless heaters & Electric Heaters are gaining popularity in the commercial sector, owing to their ability to supply a large amount of hot water for an extended period of time driving the Water Heater Industry. Residential is projected to witness the fastest CAGR of 5.3% during the forecast period 2021-2026. Continuous infrastructure growth, combined with an increase in the deployment of energy efficient heating systems, would propel the segment forward. According to the IBEF, India would need over USD 777 billion in infrastructure investment by 2022. The industry will benefit from the ongoing rollout of smart cities with strict building efficiency codes and standards.

Request for Sample Report @ https://www.industryarc.com/pdfdownload.php?id=19565

Report Price: $ 4500 (Single User License)

Water Heater Market Segment Analysis – By Geography:

Based on Geography, North America Water Heater Market accounted for the 38% revenue share in 2020. More than 9 million water heaters are sold in the United States per year, indicating that there is a strong demand for water heaters in North America, which accounts for a large portion of the industry. Tankless water heaters in the United States are compact, dependable, and long-lasting devices that provide high performance and much better energy efficiency than tank units. Due to the cold weather conditions in the area, demand for heating appliances is extremely high in most North American countries. In July 2017, Rinnai America has announced that it has expanded its North American headquarters by constructing a new two-story headquarters building and opening a North America Innovation and Training Center accelerating water heater expansion across the region. Asia-Pacific is predicted to be the fastest growing region during the forecast period 2021- 2026 owing towards economic growth in countries like China, Japan, Australia and India

Water Heater Market – Drivers

The Growing Demand for Storage Heater:

By using hot water Storage Heater tanks, Storage Heater water heaters help to maximize heating ability. Manufacturers provide Storage Heater in a range of sizes to meet the needs of customers. Storage Heater are less costly to install than other types of water heaters, and they are also simple to maintain and repair. However, since Storage Heater have been known to burst, vendors are focusing on offering standard water heater services. Furthermore, Storage Heater necessitate space for the tank; as a result, manufacturers are concentrating on reducing the size of Storage Heater to alleviate the space problem driving the Water Heater Industry.

Water Heater Market – Challenges

Increase In Electric Prices:

Rising electricity prices are expected to restrict the growth of the water heater industry. Water heating systems, such as electric heaters, are the second largest consumer of electricity in the home, accounting for 18 percent of total electricity costs, according to the US Department of Energy. Furthermore, an average water heater operates for three hours every day, as per study thereby, hampering the industry development.

Water Heater Market – Landscape:

The Water Heater Market’s main strategies include product launches, mergers and acquisitions, joint ventures, and regional expansion. Water Heater Market top 10 companies are State Industries, Ariston Thermo, Haier Electronics, Fast Water Heater, Neighbourly Company Viessmann, Rinnai, A.O Smith, Rheem Manufacturing, Whirlpool Corporation and American Residential Services.

Acquisitions/Product Launches:

In August 2020, A.O Smith launched MiniBot, a 3-litre instant water heater with modern technology. MiniBot’s inner tank is filled with Blue Diamond glass, which provides superior corrosion resistance to traditional glass-lined items. It also protects against premature tank failure due to India’s hard and polluted water, extending the life of the water heater.

Key Takeaways

Water Heater market growth is being driven by technological advances, adoption of new techniques, and the innovation are resulting in the production of low-cost heaters and energy-efficient.

Geographically, North America Water Heater Market held the largest revenue share of 38% in 2020 owing to the presence of potential players who are creating new products, high investments in R&D, and government funding. The scope of the Water Heater Market for various regions will be provided in the final report.

The Water Heater Industry is expanding owing to rising perception of the product’s benefits in various applications and consumer preferences are expected to shift as quality levels increase.

The growing demand for Storage Heater owing to easy installation and maintenance is a significant factor that is expected to push the Water Heater industry during the forecast period 2021-2026.

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B. Packaged Water Treatment System Market

https://www.industryarc.com/Report/16502/packaged-water-treatment-system-market.html

For more Consumer Products and Services Market related reports, please click here

#WaterHeaterMarket #WaterHeaterMarketShare #WaterHeaterMarketSize

[researchnesterinsights]

Global Solar Water Heater Market to Witness Growth by a CAGR of ~6% throughout 2022 – 2030 Ascribing to the Rising Demand for Eco-Friendly and Cost-Effective Energy Solutions Worldwide

Research Nester published a report titled “Solar Water Heater Market: Global Demand Analysis & Opportunity Outlook 2030” which delivers detailed overview of the global solar water heater market in terms of market segmentation by type, capacity, end user, and by region.

Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.

The global solar water heater market is estimated to occupy a sizeable amount of revenue by growing at a CAGR of ~6% during the forecast period, i.e., 2022 – 2030, owing to the increasing demand for cost-effective and eco-friendly energy solutions for water heating, and growing use of solar heaters as a result of reduction in prices. Along with this, escalating number of government initiatives associated with reducing emissions, and surging investments in infrastructure sector are also expected to accelerate the growth of the market in the forthcoming years.

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The market is segmented by type, capacity and end user. Based on type, the glazed segment is anticipated to occupy the largest share during the forecast period on the back of increase in solar efficiency provided by these heaters. Additionally, by end user, the residential segment is projected to grab the largest share over the forecast period attributing to the escalating construction of green residential buildings, and growing investments for refurbishment of existing residential establishments.

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Geographically, the global solar water heater market is segmented into five major regions, namely North America, Europe, Latin America, Asia Pacific, and the Middle East & Africa. Asia Pacific is evaluated to witness noteworthy growth and grab the largest share in the market during the forecast period attributing to the technological innovations to achieve energy efficiency at limited costs, and transition towards the use of clean and renewable energy in the region. Moreover, the market in the Middle East and Africa is also assessed to gather a significant share in the future owing to the upsurge in usage of solar energy for water heating purposes.

The research is global in nature and covers detailed analysis on the market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report.

Growing Demand for Eco-Friendly and Cost-Effective Energy Solutions Worldwide to Boost Market Growth

Over the last few years, the demand for eco-friendly and cost-effective energy solutions is surfacing all around the world. This can be attributed to the increase in emissions globally, which is predicted to increase the construction of green buildings, as residential sector is also a significant contributor to release of toxins into the environment. It is a crucial factor assessed to drive market growth in the near future.

However, less awareness about solar water heaters in underdeveloped nations is expected to operate as key restraint to the growth of the global solar water heater market over the forecast period.

This report also provides the existing competitive scenario of some of the key players of the global solar water heater market which includes company profiling of Ariston Thermo SpA, V-Guard Industries Ltd, KODSAN Company, Himin Solar Co., Ltd., Robert Bosch GmbH, Honeywell International, Inc., A. O. Smith Corporation, Rheem Manufacturing Company, Rinnai Corporation, Linuo Ritter International Co., Ltd., and others. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global solar water heater market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

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Research Nester is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision in order to avoid future uncertainties.

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#Solar Water Heater Market #Solar Water Heater Market Analysis

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Global Vacuum Tubular Solar Water Heater Market 2021 : COVID-19 Impact & opportunities For Growth in Manufacturing Sector with Industry Segment Analysis & Industry Forecast 2028

Market Overview

The report estimates 2021–2028 market development trends of

Vacuum Tubular Solar Water Heater

industry. Firstly, the Vacuum Tubular Solar Water Heater report provides a clear overview of the industry including its definition, applications, and manufacturing technology. Then, the report explores the international and Chinese major industry players in detail. In this part, the report presents the company profile, product specifications, capacity, production value, and 2021–2028 market shares for each company. Through the statistical analysis, the report depicts the global and Chinese total market of Vacuum Tubular Solar Water Heater industry including capacity, production, production value, cost/profit, supply/demand, and Chinese import/export. The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.

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Methodology

Analysts and other professionals form the most crucial part of building statistical tools and models, which are used as a medium to arrive at highly informative research results. The data provided by our organization has proven to be valuable for the different schemas of companies. In the primary research approach, the data synthesis process includes examining data to detect an observed inconsistency when collecting market-oriented data. Statistify market researchers' objective and systematic data screening notes that include repeated cycles of quality testing, screening, and questionable analysis. Also, the report uses the top-down approach to assess the numbers for each segment and attests them to the bottom-up approach. This helps to get insights like the age of customer, location, gender & income, which will help you in creating effectively tailored marketing and pricing campaigns. In the secondary research approach important information about the top players, market classification, and segmentation according to industry trends to the bottom-most level is obtained for the key developments related to market and technology perspectives.

Report Summary

Report preparation is the most crucial part of any information-based writing because most of the business decisions are related to the organization after the evaluation of the condition as per the report. Every agency wants to have the most accurate analysis of the working of its business. Producing these reports from the root level to the top so that no aspect is left behind can be a tedious task. A lot of research and effort from the professionals and experts of the field goes into making these reports so that they are effective in communicating accurate ideas and conclusions. Therefore, the report prepared uses a lot of graphical presentation tools and techniques for easy, efficient, and better understanding to the reader of that report.

Market segmentation.

In order to achieve a noticeable advantage, it is important to get hold of the principal operating approach of the rivals, market performance in the past, and product & service portfolio in order to frame a better business goal. It allows stakeholders to divide each submarket in a proper way in relation to each submarket's individual growth pattern and market contribution and to establish innovative expansions, partnerships, new product launches, and market acquisitions. With correct market segmentation, the research becomes much clearer and more illustrative. The report provides a descriptive segmentation of the global market for Vacuum Tubular Solar Water Heater based on the sales, income, growth rate, and market share of each segment. The program, end-user, and nation are the key segments evaluated. The data tables and related graphs are seen in the paper, making it easy to understand the analysis.

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Reasons to buy this report:

● The factors that are restraining the growth of the market are described with a precautionary measure. ● A Five years detailed study for the market to grow in a smooth manner has been provided. ● Essential parts and sections of the research market are elaborated. ● It keeps you aware of the competitors in the market and the threats and hardships from the market.

The research provides answers to the following key questions

● What are the challenges to market growth? ● Who are the key vendors in this market space? ● What are the market opportunities and threats faced by the vendors in the global Vacuum Tubular Solar Water Heater market? ● Trending factors influencing the market shares of the Americas, APAC, and EMEA? ● What are the key outcomes of the five forces analysis of the Vacuum Tubular Solar Water Heater market?

Regional Analysis

Different areas are showing great interest in the driving forces and the assembles. According to the National Bureau of Statistics, the Vacuum Tubular Solar Water Heater market will make up the commonplace premium of the guessing period. Nations like India, China, Australia, and Indonesia in the Aisa Pacific can avoid any aversion as there are numerous continual exercises and it is also the result of the unexpected number of stores that the region has. China is showing a noticeable development as a consequence of the expansion of the examination practices. Customization of the report: We provide customized reports at a discounted price. Different methods like primary and secondary research approaches are used to produce a well-organized report. Various methodical techniques are used in order to provide accurate information.

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1.Two countries can add as per your choice. 2. Low price. 3. Well-organized report. 4. Statistical representation of data 5. Service across the world.

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About Statistify Market Research

The consultancy involves problem definition, development of an approach to the problem, research design formulation, data collection, data preparation, and analysis, and report preparation and presentation. This information is used to recognize and describe marketing and improve understanding of marketing as a process. Statistify Market Research is a function links the consumers, customers, and public to the marketer through information. It implements records that help to get precise statistical data, including learning about the stock from the initial level.

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Water Heater Market Scope in 2022

Global Water Heater Market will exhibit a growth rate of 5.06% for the forecast period of 2022-2029

Global Water Heater Market Analysis and Insights:

  The rapid technological progress is the major factor accelerating the growth of the water heater market. Furthermore, rising demand for water heating systems, growing disposable income, growing government initiatives to improve the usage of solar water heaters, and high growth in construction and business industry are also expected to drive the growth of the water heater market. However high electricity price, and high installation cost can restrain the water heater market growth, whereas the problem related with the quality and energy efficiency will challenge the market growth.

In addition, growing population and urbanization as well as the high demand for energy efficient water heaters and its trending application will create ample opportunities for the water heater market.

The water heater market report is the best to know the trends and opportunities in ICT industry. In this report, several aspects about the market research and analysis for the ICT industry have been underlined. This all inclusive business research report also endows with the information, statistics, facts and figures which are very helpful for the companies to maximize or minimize the production of goods depending on the states of demand. With the competitive analysis of the major players in the market, the water heater report lends a hand to businesses in taking better moves for improving their product and sales.

 Global Water Heater Market Scope and Market Size:

On the basis of product, the water heater market is segmented into instant and storage.

Based on product type, the water heater market is segmented into solar heaters, electric heaters, gas & propane heaters and geothermal heaters.

Based on application, the water heater market is divided into residential and commercial. Commercial segment is divided into college/university, office and government/military.

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  Global Water Heater Market Country Level Analysis:

The countries covered in the water heater market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America..

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Major TOC of the Report:

Chapter One: Introduction

Chapter Two: Market Segmentation

Chapter Three: Market Overview  

Chapter Four: Executive Summary

Chapter Five: Premium Insight

Chapter Six: COVID-19 Impact on Global Water Heater Market

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 Competitive Landscape and Water Heater Market Share Analysis:

The Water Heater market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, company strengths and weaknesses, product launch, clinical trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the companies’ focus related to Water Heater market.

Moreover, this research report highlights numerous industry verticals such as company profile, contact details of manufacturer, product specifications, geographical scope, production value, market structures, recent developments, revenue analysis, market shares and possible sales volume of the company. To gain actionable market insights to build sustainable and money-spinning business strategies with an ease, Water Heater market research report is a great option. The market document provides top to bottom analysis and estimation of various market related factors that plays key role in better decision making. The Water Heater report describes CAGR (compound annual growth rate) values and its fluctuations for the specific forecast period.

  Major Players:

Rinnai Corporation

HTP Comfort Solutions LLC

Bradford White Corporation

Noritz America

Haier Inc.

Ariston Thermo SPA

 About Us:

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market.

 Contact:

Data Bridge Market Research

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#Water Heater Market Scope