Global Solar Water Heater (SWH) Market Insights and Forecast to 2026

Solar Water Heaters (SWH) is a system that uses solar thermal collectors to convert and capture the heat from the sun to generate renewable resource such as such solar energy to heat water for domestic and industrial purposes.
The residential segment accounted for the maximum market share during 2017 and will continue to dominate the market for the next few years as well. Some of the major factors responsible for the market segment’s growth is the increasing government incentives and the implementation of regulations mandating the usage of solar water heaters in various countries across the world.

Market Analysis and Insights: Global Solar Water Heater (SWH) Market
The global Solar Water Heater (SWH) market size is projected to reach US$ 10 million by 2026, from US$ 9 million in 2020, at a CAGR of 8.8%% during 2021-2026.

Global Solar Water Heater (SWH) Scope and Segment
Solar Water Heater (SWH) market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Solar Water Heater (SWH) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2015-2026.

Segment by Type, the Solar Water Heater (SWH) market is segmented into
Compact Type
Split Type

Segment by Application, the Solar Water Heater (SWH) market is segmented into
Home Use
Commercial Use
Industrial Use

Regional and Country-level Analysis
The Solar Water Heater (SWH) market is analysed and market size information is provided by regions (countries).
The key regions covered in the Solar Water Heater (SWH) market report are North America, Europe, China and Japan. It also covers key regions (countries), viz, the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc.
The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by Type, and by Application segment in terms of production capacity, price and revenue for the period 2015-2026.

Competitive Landscape

and Solar Water Heater (SWH) Market Share Analysis

Solar Water Heater (SWH) market competitive landscape provides details and data information by manufacturers. The report offers comprehensive analysis and accurate statistics on production capacity, price, revenue of Solar Water Heater (SWH) by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on production, revenue (global and regional level) by players for the period 2015-2020. Details included are company description, major business, company total revenue, and the production capacity, price, revenue generated in Solar Water Heater (SWH) business, the date to enter into the Solar Water Heater (SWH) market, Solar Water Heater (SWH) product introduction, recent developments, etc.
The major vendors covered:
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