Solar Water Heater (SWH) Market in India 2014-2018

About Solar Water Heater
Solar water heater or SWH comprises a solar panel, inverter system, and a water storage tank. The sunlight that falls on the solar panels is used to heat the water inside the insulated storage tank either through a pump or directly through the thermosyphon principle. In the thermosyphon principle, fluid circulation is based on natural convention, where warm water rises and is replaced by cold water. Some of the advantages of SWHs over CWHs are: cost-effectiveness and reduced dependence on other fossil fuels. SWHs are generally installed on the roof of a building where the intensity of sunlight is maximum throughout the day.

TechNavio's analysts forecast the SWH market in India to grow at a CAGR of 34.6 percent over the period 2013-2018

Covered in this Report
TechNavio's report, Solar Water Heater Market in India 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers a detailed study of the technological segmentation based on demand and growth patterns of SWH; it also covers the Solar Water Heater market landscape in India and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Key Vendors
• Azure Power India
• Central Electronics
• Chemtrols Solar
• Emmvee Solar Systems
• Euro Multivision

Other Prominent Vendors
 • Indosolar
• Jupiter Solar Power
• Lanco Solar Private
• Mahindra Solar One
• Moser Baer Photovoltaic
• Photon Energy Systems
• PLG Power
• Surana Ventures
• Tata Power Solar Systems
• Vikram Solar
• Websol Energy System
• XL Energy

Key Market Driver
• High Demand for Hot Water from Hotels and Hospitals
• For a detailed list, view our report

Key Market Challenge
• Lack of Consumer Awareness
• For a detailed list, view our report

Key Market Trend
• Emerging Demand for HWHs
• For a detailed list, view our report

Key Questions Answered in this Report
• What will the market size be in 2018 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?