Global Solar Water Heaters Industry (2020 to 2027) – Market Trajectory & Analytics – ResearchAndMarkets.com

DUBLIN–()–The “Solar Water Heaters – Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s providing.

Amid the COVID-19 disaster, the worldwide marketplace for Solar Water Heaters estimated at US$2.7 Billion within the 12 months 2020, is projected to succeed in a revised measurement of US$4.3 Billion by 2027, rising at a CAGR of 6.9% over the evaluation interval 2020-2027.

Evacuated Tube Collector, one of many segments analyzed within the report, is projected to report a 6.8% CAGR and attain US$1.9 Billion by the top of the evaluation interval. After an early evaluation of the enterprise implications of the pandemic and its induced financial disaster, progress within the Unglazed Water Collector phase is readjusted to a revised 6% CAGR for the following 7-year interval.

The U.S. Market is Estimated at $734.4 Million, While China is Forecast to Grow at 10.4% CAGR

The Solar Water Heaters market within the U.S. is estimated at US$734.4 Million within the 12 months 2020. China, the world`s second largest financial system, is forecast to succeed in a projected market measurement of US$941.9 Million by the 12 months 2027 trailing a CAGR of 10.4% over the evaluation interval 2020 to 2027. Among the opposite noteworthy geographic markets are Japan and Canada, every forecast to develop at 3.7% and 6.2% respectively over the 2020-2027 interval. Within Europe, Germany is forecast to develop at roughly 4.4% CAGR.

Flat Plate Collector Segment to Record 7.8% CAGR

In the worldwide Flat Plate Collector phase, USA, Canada, Japan, China and Europe will drive the 7.3% CAGR estimated for this phase. These regional markets accounting for a mixed market measurement of US$533.6 Million within the 12 months 2020 will attain a projected measurement of US$871.7 Million by the shut of the evaluation interval. China will stay among the many quickest rising on this cluster of regional markets. Led by international locations resembling Australia, India, and South Korea, the market in Asia-Pacific is forecast to succeed in US$590.4 Million by the 12 months 2027, whereas Latin America will broaden at a 9.3% CAGR by way of the evaluation interval.

Select Competitors (Total 34 Featured):

  • A.O. Smith
  • Alternate Energy
  • Bradford White
  • Chromagen
  • HiminSolar
  • Racold
  • Rheem Manufacturing
  • SunTank
  • V-Guard
  • Viessmann
  • Wagner Solar

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

  • UNITED STATES
  • CANADA
  • JAPAN
  • CHINA
  • EUROPE
  • FRANCE
  • GERMANY
  • ITALY
  • UNITED KINGDOM
  • SPAIN
  • RUSSIA
  • REST OF EUROPE
  • ASIA-PACIFIC
  • AUSTRALIA
  • INDIA
  • SOUTH KOREA
  • REST OF ASIA-PACIFIC
  • LATIN AMERICA
  • ARGENTINA
  • BRAZIL
  • MEXICO
  • REST OF LATIN AMERICA
  • MIDDLE EAST
  • IRAN
  • ISRAEL
  • SAUDI ARABIA
  • UNITED ARAB EMIRATES
  • REST OF MIDDLE EAST
  • AFRICA

IV. COMPETITION

  • Total Companies Profiled: 34

For extra details about this report go to https://www.researchandmarkets.com/r/442yjh

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