A solar water heater consists of a solar panel, a water storage tank and an inverter system. The sunlight which falls on the solar panels is utilized for heating the water inside the insulated storage tank either by a pump or directly with the thermosiphon principle. According to the thermosyphon principle, the fluid circulation is on the basis of the natural convention, where warm water rises and is replaced by cold water.
Some of the advantages of get water heater leads over other types of water heaters include cost-effectiveness and less dependence on the different kind of fossil fuels. These heaters are normally installed on the rooftop of building where the intensity of sunlight is maximum all over the day.
The major factors driving the growth of the solar water heater market are stringent government regulations against GHG emissions, high demand for hot water from hospitals and hotels and replacement of existing water heaters. Further, the emerging demand for HWHs is likely to offer significant growth opportunities for the solar water heater market in the near future. However, the lack of consumer awareness is one of the restraints of the market.
The “Global Solar Water Heater Market Analysis to 2028” is a specialized and in-depth study of the solar water heater industry with a special focus on the global market trend analysis. The report aims to provide an overview of solar water heater market with detailed market segmentation by collector, system, application and geography. The global solar water heater market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading solar water heater market players and offers key trends and opportunities in the market.
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The global solar water heater market is segmented on the basis of collector, system and application. Based on collector, the market is segmented as evacuated tube collectors, flat plate collectors and unglazed water collectors. Based on system, the solar water heater market is divided into thermosiphons system and pumped system. On basis of application, the market is bifurcated into residential, commercial and industrial.
Smith Corporation
Alternate Energy Technologies, LLC
Bosch Thermotechnik GmbH
Bradford White Corporation
Chromagen Ltd.
Rheem Manufacturing Company
SunTank
V-Guard Industries Ltd.
Viessmann Manufacturing Company Inc.
Wagner Renewables Ltd.
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