Global Solar Water Heater Industry Scope and Market Report 2017-2021
Market Research Hub( MRH) has recently announced the addition of a fresh report, titled“ Global Solar Water Heater Market 2017-2021” to its report offerings. The report covers the present scenario and the growth prospects of the global solar water heater market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of solar water heaters. Technavios analysts forecast the global solar water heater market to grow at a CAGR of 6.78 % during the period 2017-2021.
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A solar water heater comprises solar collectors and storage tanks. It uses sunlight to heat water and is generally installed on the roof of a building. Two types of solar water heaters are available in the market: active and passive. While the active type uses pumps to circulate water, the passive type does not require any pumps or control units to circulate water. Unlike other conventional water heaters, solar water heaters are cost-effective and reduce the dependence on fossil fuels.
The market is divided into the following segments based on geography:
� Americas � APAC � EMEA