Residential Thermosolar Systems Market

Goals

To understand the thermosolar market in some selected countries in order to calculate the target market.

Early Findings

  • There are 1.16 million solar water heating units in Australia as at the end of 2018, however, data on just the number in residential building is unavailable.
  • The solar heat market in Europe was worth 1.7 billion euros in 2017 and the total installed capacity is 35.2 GWth at the end of 2017.
  • We couldn't find data on the number of residential housing units with solar water heating units in various countries listed.
  • The total installed solar heat capacity in Spain is 2,564,337 kWth.
  • The total installed solar heat capacity in Portugal is 740,065 kWth.
  • The total installed solar heat capacity in Greece is 3,216,220 kWth.
  • The total installed solar heat capacity in Austria is 2,833,258 kWth.
  • The total installed solar heat capacity in Denmark is 1,134,047 kWth.
  • The total installed solar heat capacity in Sweden is 222,672 kWth.
  • The global solar heater market was valued at $2.05 billion in 2016 and is expected to grow at a CAGR of 8.1% between 2016 and 2025.
  • Global Market Insights projects that the U.S. solar water heater market will grow by over 10% annually up to 2025.
  • Global Market Insights has data on the solar heater market size and analysis for the US, India, South Africa, Australia, Spain, and Israel, but the data is paywalled.

Research proposal:

Only the project owner can select the next research path.
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