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.

Proposed next steps:

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