A Solar Water Heater is a device which provides hot water for bathing, washing, cleaning, etc. using solar energy. It is generally installed at the terrace or where sunlight is available and heats water during day time which is stored in an insulated storage tank for use when required including mornings.
Solar water heating systems include storage tanks and solar collectors. There are two types of solar water heating systems: active, which have circulating pumps and controls, and passive, which don't.
Solar hot water heaters and green heating systems are more attractive than ever before, because they are more competitive, reliable, using free renewable energy and providing high efficient operation.
The main competitors in the Chilean market are Rheem, Helioakmi, Sole S.A. and other European and American companies as well as numerous companies from China. Rheem as a global leader, occupies the largest market share, Chinese companies with lower production costs also occupy a larger share, which is seeing to occupy larger share in the future.
Compared to other regions, Chile has the following environment development advantages: 1) Rich natural resources: Chile has plenty of sunshine in the north, rich in solar energy; 2)Increased demand: With the continued development of the economy and the improvement of people's living standards, electricity demand will continue to increase; 3)Insufficient supply: water power is unstable, thermal power generation is high cost,wind power and gas power is small, which cannot meet the daily production and living needs. Solar water heaters can share the power demand, ease supply pressure, while reducing user costs at the same time.
Over the next five years, Solar Water Heather will register a 8.8% CAGR in terms of revenue, reach US$ 11 million by 2023, from US$ 7 million in 2017.
This report studies the global market, especially in North America, Europe, Asia-Pacific, South America, Middle East and Africa, focuses on the top 5 players in each region, with sales, price, revenue and market share from 2013 to 2018,
The top players:
- Rheem
- Sangle Solar
- Helioakmi S.A.
- Himin Solar Energy
- Sunrain
- Jiaxing Jinyi
- Sole S.A.
- HITEK
- Sunpower Solar
Market Segment by Regions, this report splits Global into several key Regions, with sales, revenue, market share of top players in these regions, from 2013 to 2018 (forecast), like
- North America (United States, Canada and Mexico)
- Asia-Pacific (China, Japan, Southeast Asia, India and Korea)
- Europe (Germany, UK, France, Italy and Russia etc.)
- South America (Brazil, Chile, Peru and Argentina)
- Middle East and Africa (Egypt, South Africa, Saudi Arabia)
Split by Product Types, with sales, revenue, price, market share of each type, can be divided into
- Pressurized Solar Water Heater
- Non Pressure Solar Water Heater
Split by applications, this report focuses on sales, market share and growth rate in each application, can be divided into
- Residential Use
- Commercial Use