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Market Overview on India Solar Water Heater Industry

  • Date Submitted: 12/31/2015 09:59 PM
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Market reports on India presents the latest report on “Market Overview on   India Solar Water Heater Industry” http://www.marketreportsonindia.com/energy-utility-market-research-reports-13409/india-solar-water-heater1.html   The report also reveals the trend in this industry is shifting to hybrid water heater as people are becoming aware of the cost saving features of the renewables and the long time sustainability than the electric ones.

01St Jan 2016 , – Navi Mumbai, India: Market reports on India presents the latest report on “Market Overview on   India Solar Water Heater Industry”. The report reveals that Emmvee, TATA BP Solar and Anu Solar are the leading players in Indian solar water heater market .

Solar Water Heaters (SWH) is a system that uses solar thermal collectors to convert and capture the heat from the sun to renewable resource such as solar energy to heat water for domestic and industrial purposes. The Indian Government plays a very important role to drive SWH market in the country. The Jawaharlal Nehru National Solar Mission (JNNSM) was launched in 11th January, 2010 by our former Prime Minister, Dr. Manmohan Singh which is one of the eight missions under NAPCC. This report is about the market size of the solar water heater market in India and how because of the increasing purchasing power of the consumers and the awareness about the government subsidies people are taking solar water heaters as an option. The report also reveals the trend in this industry is shifting to hybrid water heater as people are becoming aware of the cost saving features of the renewables and the long time sustainability than the electric ones.

In India the SWH market has been through many ups and downs. The market changes drastically in some year, remains stable for a while and then again decreases as shown in the below graph. The total SWH market accounted by the Ministry of New and Renewable Energy (MNRE) was 65 crore in 2011. The market of solar water heater has...

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