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Research Outline
Prepared for Max G. | Delivered August 8, 2019
Residential Thermosolar Systems Market
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Goals
To understand the thermosolar market in some selected countries in order to calculate the target market.
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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
G
W
t
h
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
k
W
t
h
.
The total installed solar heat capacity in Portugal is
740,065
k
W
t
h
.
T
h
e
total installed solar heat capacity in Greece is
3,216,220
k
W
t
h
.
T
h
e
total installed solar heat capacity in Austria is
2,833,258
k
W
t
h
.
T
h
e
total installed solar heat capacity in Denmark is
1,134,047
k
W
t
h
.
T
h
e
total installed solar heat capacity in Sweden is
222,672
k
W
t
h
.
T
h
e
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
p
a
y
w
a
l
l
e
d
.
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