India Solar Water Heater Market 2017 Share, Trend, Segmentation and Forecast to 2021

Wiseguyreports.Com Adds “India Solar Water Heater Market: Demand, Growth, Opportunities and Analysis of Top Key Player Forecast To 2021” To Its Research Database

PUNE, INDIA - August 24, 2017 /MarketersMedia/ —

This report gives an in-depth analysis of solar water heater industry in India. The solar water heaters industry is filled with large numbers of un-organized as well as organized manufacturers. The market has shown immense growth potential resulting into the continuous improvement in the products by the organized as well as un-organized segment. The un-established business units enjoy more than half of the solar water heater market share, as they are able to offers the products at highly competitive price, which is almost half the price from organized segment. The major organized players in the segment are Emmvee, Anu Solar, Tata Solar, Racold, and V-Guard, which have significant share in the market, but the lions share in the segment is acquired by huge un-organized segment in the country.

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The solar segment of the water heater market is firmly in the hands of Un-organized manufacturers or local manufacturers, reason being cheaper Chinese imports. The un-organized players takes the benefit of the price sensitive customers as the basic models they have to offer in the solar segment costs roughly around INR 8500 that is almost half the price as compared to the branded one that goes up to INR 15000. The established players in the segment are Emmvee, Anu Solar, Tata BP and V-Guard, which has little share in the market as compared to the local manufacturers. The electric water heaters is the dominant market as it comes with low ownership cost and lower maintenance, Solar waters have started picking up slowly due to the continuous efforts from the Government and increased awareness amongst the customers to opt for environment friendly products.
The solar water heaters are the driving technology in the water heater industry. With the depleting non-renewable in the world, the authorities are pushing the consumers to go solar. The government is also trying to convert the already installed water heaters to be converted to solar type water heaters. As the population is increasing, so is the demand for power leading to the consumption of more electricity. With the depletion of existing non-renewable, the renewable energy comes out to be the only solution. Therefore, it is expected that the market for the solar water heaters will lead the water heater market globally. The only factor that dents the solar segment is high cost of ownership from the organized market and lower quality from the un-organized market that in turn increases the maintenance cost. With innovations going in the industry, it will offer the bunch of products that will be able to cater the needs of the customers.
Key Product Type
• Flat Plate Collector
• Evacuated Tube Collector

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Key points in table of content

1. Executive Summary
2. Global Solar Water Heater Market Outlook
2.1. Market Size By Value
2.2. Market Size By Capacity
2.2.1. Total Cumulative Capacity
2.2.2. Total New Installed Capacity
2.2.3. New Installed Capacity By Region
2.3. Market Share
2.3.1. By Region
2.3.2. By Collector Type
3. India Solar Water Heater Market Outlook
3.1. Market Size By Value
3.2. Market Size By Volume
3.3. Market Share
3.3.1. By Collector Type
3.3.2. By Collector Area
3.3.3. By State-wise Installation
3.4. India ETC Solar Water Heater Market Outlook
3.4.1. Market Size By Value
3.4.2. Market Size By Volume
3.4.3. Market Share
3.4.3.1. By End User
3.4.3.2. By Capacity in Residential Market
3.4.3.3. By Capacity in Institutional & Industrial Market
3.5. India FPC Solar Water Heater Market Outlook
3.5.1. Market Size By Value
3.5.2. Market Size By Volume
3.5.3. Market Share
3.5.3.1. By End User
3.5.3.2. By Capacity in Residential Market
3.5.3.3. By Capacity in Institutional & Industrial Market
4. Pricing Analysis
5. India Economic Snapshot
6. Raw Material
7. Policy & Regulatory Landscape
8. PEST Analysis
9. Water Heater Trade Dynamics
9.1. Import
9.2. Export
10. Channel Partner Analysis
11. India Solar Water Heater Market Dynamics
11.1. Key Drivers
11.2. Key Challenges
12. Market Trends & Developments
12.1. New Technology Hybrid Water Heaters
12.2. Awareness Among Consumers to Save Resources
12.3. Solar Water Heater Market Moving Towards Consolidation
12.4. Players Opting for Localized Manufacturing
12.5. From Nervous Rapids to Raging River
13. Competitive Landscape
13.1. Porters Five Forces
13.2. Company Profiles
13.2.1. EMMVEE Solar Systems Pvt. Ltd.
13.2.2. TATA Power Solar Systems
13.2.3. Anu Solar Power Private Limited
13.2.4. V-Guard Industries Ltd.
13.2.5. Racold Thermo Pvt. Ltd.
13.2.6. Vikram Solar Private Limited
13.2.7. Bosch Limited
13.2.8. Chemtrols Solar Private Limited
13.2.9. Supreme Solar Systems
14. Strategic Recommendations
15. Disclaimer

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