Asia-Pacific Solar Water Heater Market Set to Reach USD 3.9 Billion By 2025

Solar-Water-Heater industry

New York, USA, 2018-May-17 — /EPR Network/ —According to Goldstein Research, Asia-Pacific solar water heater production is expected to reach USD 3.9 billion by the end of 2025, growing at a CAGR of 6.8% over the forecast period, 2017-2025. Zero-emissions and zero-waste environmental solution to heating water and the geographical location of the region in terms of receiving solar energy are driving the growth of Asia-Pacific solar water heater market. Asia-Pacific Solar water heater market segmentation has been done on the basis of product type, component, distribution channel, end-user and geography. Active solar water heater accounted for largest market share of 56.4% in 2017 of the total Asia-Pacific solar water heater market.

Asia-Pacific Solar water heater market is dominated by China with 43.8% market share in 2017 due its increasing involvement in clean energy heating on the back of its 13th five year plan (2016-2020), thus it has connected solar water heaters in 180 single family buildings among other finished projects.

Market Segmentation

On the basis of our in-depth analysis, Asia-Pacific Solar Water Heater Market can be segmented as follows:

By Product Type

  • Active Solar Water Heaters
  • Passive Solar Water Heaters

By Component

  • Solar Collectors
  • Evacuated Tube
  • Flat Plate
  • Unglazed Water
  • Storage Tanks

By Distribution Channel

  • Online Stores
  • Offline Stores

By End-User

  • Residential sector
  • Commercial sector
  • Industrial sector

By region

  • China Solar water heater {Market Share (%), Market Size (USD Billion)}
  • India Solar water heater {Market Share (%), Market Size (USD Billion)}
  • Japan Solar water heater {Market Share (%), Market Size (USD Billion)}
  • Australia Solar water heater {Market Share (%), Market Size (USD Billion)}
  • Vietnam Solar water heater {Market Share (%), Market Size (USD Billion)}
  • Philippines Solar water heater {Market Share (%), Market Size (USD Billion)}
  • South Korea Solar water heater {Market Share (%), Market Size (USD Billion)}
  • Thailand Solar water heater {Market Share (%), Market Size (USD Billion)}
  • Rest of Asia Pacific Solar water heater {Market Share (%), Market Size (USD Billion)}

 

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“Asia-Pacific Solar Water Heater Market Outlook 2024contains detailed overview of the Asia-Pacific Solar water heater market. On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by product type, components, distribution channel and end-users.

Further, for the in-depth analysis, Asia-Pacific Solar Water Heater Market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such as China Hitek Solar Co. Ltd., Azuma Solar Co. Ltd., EMMVEE Solar Systems, Jinyi Solar, Chromagen, Genersys, Rheem Manufacturing, Alternate Energy Technologies, Apricus Solar, A. O. Smith, Heliodyne, HTP, Inter Solar Systems, Nuetech Solar Systems, SunEarth, Vaughn Thermal, etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.

Overall, the report represents the Asia-Pacific Solar water heater market trends along with market forecast that will help industry consultants, technology providers, 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.

Browse Full Report: https://www.goldsteinresearch.com/report/asia-pacific-solar-water-heater-market-analysis

About Goldstein Research

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