DUBLIN--(BUSINESS WIRE )--The "GCC Solar Water Heater Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering.
This report finds that the GCC solar water heater market reached a value of US$ 59.5 Million in 2020. Looking forward, the publisher expects the GCC solar water heater market to exhibit strong growth during the next five years.
Solar water heater is a device which uses solar energy from the sun to heat water. It is generally installed on terrace or in open spaces where abundant sunlight is available. The water is then heated during the day and stored in an insulated tank. The heated water can be used for bathing, cleaning, space heating, industrial process, etc. In the GCC region, the market for solar water heater has been expanding as an increasing number of consumers have become aware about its advantages. Solar water heater is preferred over conventional water heater as it is cost-effective and reduces dependence over fossil fuels.
The market for solar water heater in the GCC region is being driven by a number of favourable factors. Solar water heater offers several long-term advantages over conventional water heater. It reduces electricity consumption, lowers carbon footprints, improves energy independence, etc. The governments in the region are also encouraging the use of solar water heater through building regulation and providing subsidies.
The report has segmented the GCC solar water heater market on the basis of type covering flat plate collector, evacuated tube collector and unglazed water collector. Currently, flat plate collector accounts for the largest market share in the GCC region. The report has also segmented the market on the basis on application. The key applications of solar water heater include commercial, residential, government buildings and others. Country-wise, Saudi Arabia represents the largest market for solar water heater, accounting for the majority of the market share. The report has also analysed the competitive landscape of the market with some of the key players being Ariston, Orbital Horizon, Saudi Ceramics, Viessman, Ecotherm, etc.
Key Questions Answered in This Report:
5 Global Solar Water Heater Industry
6 GCC Solar Water Heater Industry
6.11 Key Success Factors and Risk Factors for Solar Water Heater Manufacturers
7 Saudi Arabia Solar Water Heater Industry
8 UAE Solar Water Heater Industry
9 Kuwait Solar Water Heater Industry
10 Oman Solar Water Heater Industry
11 Qatar Solar Water Heater Industry
12 Bahrain Solar Water Heater Industry
13.2 Market Breakup by Key Players
14 Solar Water Heater Manufacturing Process
14.3 Various Types of Unit Operations Involved
14.4 Mass Balance and Raw Material Requirements
15 Project Details, Requirements and Costs Involved
15.4 Raw Material Requirements and Expenditures
For more information about this report visit https://www.researchandmarkets.com/r/99zpzd
ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900