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GCC SOLAR WATER HEATER MARKET: INDUSTRY TRENDS, SHARE, SIZE, GROWTH, OPPORTUNITY AND FORECAST 2019-2024
Energy & Mining | Published by: IMARC GROUP | Market: Middle East |
115 pages | Published: 02-11-2019 |
- Energy & Mining
- IMARC GROUP
- Middle East
- 115 pages
- Published: 02-11-2019
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. IMARC Group’s latest report titled, “GCC Solar Water Heater Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, finds that the market reached a volume of 11.3 GW th in 2018, growing at a CAGR of 28.1% during 2011-2018.
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. According to the report, the market is further expected to reach a volume of 48.7 GW th. by 2024.
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.
This report provides a deep insight into the GCC solar water heater industry covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. The report also provides a comprehensive analysis for setting up a solar water heater manufacturing plant. The study analyses the processing and manufacturing requirements, project cost, project funding, project economics, expected returns on investment, profit margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the GCC solar water heater industry in any manner.
Key Questions Answered in This Report:
- How has the GCC solar water heater market performed so far and how will it perform in the coming years?
- What are the key regional markets in the GCC solar water heater industry?
- What are the key type in the GCC solar water heater industry?
- What are the key end-se segments in the GCC solar water heater industry?
- What are the price trends of solar water heater in the GCC region?
- What are the various stages in the value chain of the GCC solar water heater industry?
- What are the key driving factors and challenges in the GCC solar water heater industry?
- What is the structure of the GCC solar water heater industry and who are the key players?
- What is the degree of competition in the GCC solar water heater industry?
- What are the profit margins in the GCC solar water heater industry?
- What are the key requirements for setting up a GCC solar water heater manufacturing plant?
- How is solar water heater manufactured?
- What are the various unit operations involved in a solar water heater manufacturing plant?
- What is the total size of land required for setting up a solar water heater manufacturing plant?
- What are the machinery requirements for setting up a solar water heater manufacturing plant?
- What are the raw material requirements for setting up a solar water heater manufacturing plant?
- What are the packaging requirements for solar water heater?
- What are the transportation requirements for solar water heater?
- What are the utility requirements for setting up a solar water heater manufacturing plant?
- What are the manpower requirements for setting up a solar water heater manufacturing plant?
- What are the infrastructure costs for setting up a solar water heater manufacturing plant?
- What are the capital costs for setting up a solar water heater manufacturing plant?
- What are the operating costs for setting up a solar water heater manufacturing plant?
- What will be the income and expenditures for a solar water heater manufacturing plant?
- What is the time required to break-even?
1. Preface 2. Scope and Methodology 2.1 Objectives of the study 2.2 Stakeholders 2.3 Data Sources 2.3.1 Primary Sources 2.3.2 Secondary Sources 2.4 Market Estimation 2.4.1 Bottom-Up Approach 2.4.2 Top-Down Approach 2.5 Forecasting Methodology 3. Executive Summary 4. Introduction 4.1 Overview 4.2 Key Industry Trends 5. Global Solar Water Heater Industry 5.1 Market Overview 5.2 Market Performance 5.2.1 Volume Trends 5.2.2 Value Trends 5.3 Price Trends 5.4 Market Breakup by Region 5.5 Market Breakup by Type 5.6 Market Breakup by End-use 5.7 Market Forecast 6. GCC Solar Water Heater Industry 6.1 Market Overview 6.2 Market Performance 6.2.1 Volume Trends 6.2.2 Value Trends 6.3 Market Breakup by Region 6.4 Market Breakup by Type 6.5 Market Breakup by End-use 6.6 Market Forecast 6.7 SWOT Analysis 6.7.1 Overview 6.7.2 Strengths 6.7.3 Weaknesses 6.7.4 Opportunities 6.7.5 Threats 6.8 Value Chain Analysis 6.8.1 Overview 6.8.2 Research and Development 6.8.3 Raw Material Procurement 6.8.4 Manufacturing 6.8.5 Marketing 6.8.6 Distribution 6.8.7 End-Use 6.9 Porter’s Five Forces Analysis 6.9.1 Overview 6.9.2 Bargaining Power of Buyers 6.9.3 Bargaining Power of Suppliers 6.9.4 Degree of Competition 6.9.5 Threat of New Entrants 6.9.6 Threat of Substitutes 6.10 Key Success Factors and Risk Factors for Solar Water Heater Manufacturers 7. Saudi Arabia Solar Water Heater Industry 7.1 Market Overview 7.2 Market Performance 7.3 Market Breakup by Type 7.4 Market Breakup by End-use 7.5 Market Forecast 8. UAE Solar Water Heater Industry 8.1 Market Overview 8.2 Market Performance 8.3 Market Breakup by Type 8.4 Market Breakup by End-use 8.5 Market Forecast 9. Kuwait Solar Water Heater Industry 9.1 Market Overview 9.2 Market Performance 9.3 Market Breakup by Type 9.4 Market Breakup by End-use 9.5 Market Forecast 10. Oman Solar Water Heater Industry 10.1 Market Overview 10.2 Market Performance 10.3 Market Breakup by Type 10.4 Market Breakup by End-use 10.5 Market Forecast 11. Qatar Solar Water Heater Industry 11.1 Market Overview 11.2 Market Performance 11.3 Market Breakup by Type 11.4 Market Breakup by End-use 11.5 Market Forecast 12. Bahrain Solar Water Heater Industry 12.1 Market Overview 12.2 Market Performance 12.3 Market Breakup by Type 12.4 Market Breakup by End-use 12.5 Market Forecast 13. Competitive Landscape 13.1 Market Structure 13.2 Market Breakup by Key Players 14. Solar Water Heater Manufacturing Process 14.1 Product Overview 14.2 Detailed Process Flow 14.3 Various Types of Unit Operations Involved 14.4 Mass Balance and Raw Material Requirements 15. Project Details, Requirements and Costs Involved 15.1 Land Requirements and Expenditures 15.2 Construction Requirements and Expenditures 15.3 Plant Machinery 15.4 Raw Material Requirements and Expenditures 15.5 Packaging Requirements and Expenditures 15.6 Transportation Requirements and Expenditures 15.7 Utility Requirements and Expenditures 15.8 Manpower Requirements and Expenditures 15.9 Other Capital Investments 16. Loans and Financial Assistance 17. Project Economics 17.1 Capital Cost of the Project 17.2 Techno-Economic Parameters 17.3 Product Pricing and Margins Across Various Levels of the Supply Chain 17.4 Taxation and Depreciation 17.5 Income Projections 17.6 Expenditure Projections 17.7 Financial Analysis 17.8 Profit Analysis 18. Key Player Profiles |
Global Solar Water Heater Industry
GCC Solar Water Heater Industry
Saudi Arabia Solar Water Heater Industry
UAE Solar Water Heater Industry
Kuwait Solar Water Heater Industry
Oman Solar Water Heater Industry
Qatar Solar Water Heater Industry
Bahrain Solar Water Heater Industry