Apr 16, 2018 SOURCE: BusinessWire

GCC Solar Water Heater Market Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022 With Ariston, Viessman & Ecotherm Leading The Market - ResearchAndMarkets.com

The "GCC Solar Water Heater Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022" report has been added to ResearchAndMarkets.com's offering.

The GCC Solar Water Heater market reached a volume of 2774 MWt in 2016, growing at a CAGR of more than 32% during 2009-2016.

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 around 7593 MWt by 2022.

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, Viessman and Ecotherm.

Key Topics Covered:

1 Preface

2 Scope and Methodology

3 Executive Summary

4 Introduction

5 Global Solar Water Heater Industry

6 GCC Solar Water Heater Industry

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