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Warming up to the solar water heater market

Warming up to the solar water heater market

Energy efficiency has become a hot topic in recent years. Creating a more energy-efficient home offers cost-savings as well as Eco-friendly benefits. The following two reports take a closer look at the global solar water heaters market and where it's headed.

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A solar water heater is a type of device that converts sunlight into heat using a solar thermal collector. In a traditional home, water is heated via electricity or gas. While effective at heating water, both of these methods consume energy; thus, raising the homeowner's monthly utility costs. Solar water heating, on the other hand, is an energy-efficient alternative that uses the sun's own energy to heat water.

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There are several different types of solar water heaters. Most, however, feature a sun-facing collector through which water flows. As the sun beams down onto the mirrors, it warms the water. Some solar water heaters are active, meaning they have pumps, whereas others are passive, meaning they are driven by convection. Regardless, the fundamental operation of solar water heaters remains the same: they all use sunlight to heat water.

Some people assume that the United States is the leading market for solar water heating, but this isn't necessarily true. Statistics show that the market is currently dominated by China, Europe, India and Japan. With that said, it's becoming more and more common in the United States, as homeowners search for new ways to lower their monthly utility bills.

The Global Solar Water Heaters Market Research 2017 report by The Market Reports is a comprehensive study of the global solar water heaters market. Featuring 115 pages, this report offers an eagle-eye perspective of the solar water heaters market. Within this report, you'll find information on the market's trends, classifications, industry chain structure, consumption, growth rate, growth drivers, challenges and more.

Some of the key solar water heater vendors profiled in this report include A.O.Smith, Rheem, Ariston Thermo, Whirlpool, Nihon Itomic, Simens, Tata Power Solar Systems, Bosch, Racold Thermo, Chemtrols, Ferroli, Stiebel Eltron, Eldominvest, Hubbell, State Industries, Sakura and others.

The Global Solar Water Heater Industry Market Research report by The Market Reports is a second professional analysis of the global solar water heater market. Featuring 212 pages while covering both current and future prospective scenarios, this report offers an in-depth look into the market and where it's headed. Among other things, it analyzes the market's consumption volume, sales price, import and export (by region), as well as forecast predictions through 2021. In essence, this is a complete and comprehensive study of the global solar water heater market.

This report concludes with a SWOT Analysis (Strengths, Weaknesses Opportunities, Threats) analysis of new investment projects in the solar water heater market.

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Paul Hosking - Market Research NewsPaul Hosking
Category: New MediaCompany profile: Paul Hosking, founder of WhaTech writes from his experience with Market Research Reports. Sharing the latest and most interesting reports. Giving investors the "heads up" on what's next!