Market Overview

Global Solar Water Heaters Market 2018-2025 by Technology (ETC, FPC, UWC), Application (Residential, Commercial, Industrial), System, Region & Segment Forecasts -


The "Solar
Water Heaters Market Size, Share & Trends Analysis Report, By Technology
(ETC, FPC, UWC), By Application (Residential, Commercial, Industrial),
By System, By Region, And Segment Forecasts, 2018 - 2025"

report has been added to's

The global solar water heaters market size is predicted to be valued at
USD 4.13 billion by 2025, exhibiting a CAGR of 8.1% during the forecast

Rising demand for energy-efficient water heaters, coupled with
increasing demand to reduce energy costs, is projected to augment market

Solar energy is among the cleanest sources of energy available in the
market. Rising awareness regarding the significance of energy
conservation is predicted to augment the global market over the forecast
period. Stringent regulations to substantially reduce rampant emission
of greenhouse gases into the environment are projected to further boost
business by 2025.

The residential segment of the solar water heaters market was worth USD
777.2 million in 2016 and is anticipated to reach USD 1,655.4 million
over the forecast period. The segment comprises both large and small
homes, township properties, and gated communities and households. In
terms of revenue, the commercial segment is slated to register the
highest revenue-based CAGR of 9.1% during the forecast period. This
segment includes establishments such as educational institutions,
recreational facilities, transport, and healthcare.

In terms of technology, the Evacuated Tube Collector (ETC) segment
market accounted for 773.3 thousand units in 2016 and is expected to
witness rapid growth by 2025. Economical pricing, improved capacity, and
greater efficiency are anticipated to boost segment growth over the
forecast period. In 2016, the Flat Plate Collector (FPC) segment held a
30.78% share in the global solar water heaters market revenue. High
adoption of FPCs along with low manufacturing costs compared to existing
technologies is predicted to support segment growth through 2025.

Key Topics Covered:

Chapter 1. Methodology and Scope

Chapter 2. Executive Summary

Chapter 3. Solar Water Heaters Market Variables, Trends, and Scope

Chapter 4. Industry Outlook

Chapter 5. Competitive & Vendor Landscape

Chapter 6. Solar Water Heaters Market: Technology Estimates & Trend

Chapter 7. Solar Water Heaters Market: Application Estimates & Trend

Chapter 8. Solar Water Heaters Market: System Estimates & Trend Analysis

Chapter 9. Solar Water Heaters Market: Regional Estimates & Trend

Chapter 10. Competitive Landscape

Chapter 11. Company Profiles

  • A.O. Smith
  • Rheem Manufacturing
  • Viessmann Manufacturing
  • Wagner Solar UK
  • Bradford White Corporation
  • Linuo Ritter
  • Bosch
  • Honeywell Corporation
  • Racold
  • SunTank

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