Research firm Global Market Insight predicts the solar water heater market size to reach over $3 billion by 2025

As time passes, the need to improve our standard of living through the generation of cost-effective and sustainable technology in our infrastructure and housing programs keeps increasing. A more sustainable technology away from the conventional heating systems is the Solar Water Heater (SWH). The need for this type of technology never stops growing and once it is boosted into the market, the demand may outgrow the supply.

Through research, it was predicted that by 2025, the market value of the solar water heater will be over $3 billion. It was also predicted that annually Solar Water Heater will improve environmental performance by reducing the emission of carbon by 400 kg.

Solar Water Heater and Its Implementation in Various Countries

Different countries started introducing the solar water heater to their economy and it has been a major booster to their economy.

China is one of the countries which make it use of this new type of technology. The SWH in China by 2025 has been visualized to expand up to $600 million which tallies with China’s national development and reform commission (NDRC) policy in 2018 to increase clean energy to 35% by 2030. This is to ensure a reduction in GreenHouseGreen House Gas (GHG) emissions and an increase in the energy efficiency of the China economy.

Thermosyphon, a type of solar water heater was introduced. It was known to be commercial and residential building friendly, due to its simplicity, cost-effectiveness and easy method of installation. In 2018, the usage of thermosyphon commercially, accounted for 35% of the global SWH market share while its installation accounted for 55%. The SWH can also be used in institutions like malls, offices, educational institutes, and others, which will push the industry.

Due to rapid urbanization and constant investment towards infrastructure which led to the demand for more sustainable and efficient water heating systems in the US economy, the solar water heater is projected to increase with over 10% market value by 2025.

In Germany, the global solar water heater market value will be accounted for by renovated building infrastructure and clean energy generation. European Commission in 2018, brought in to play a Renewable energy directive (2018/2001) which was to ensure that at least by 2030, 38% of the heat consumption would be from renewable resources.

Another country is Brazil, and its solar water heater market would focus on low budget housing for low-income earners. This can be seen in 2016 when the United Nations mandated the installation of solar systems in new housing programs to suit low budget families.

Another technological focus is energy security, reducing the consumption of heat from the usual traditional system. Industries like Robotina which has green building blocks and energy efficiency systems would also complement the demand for the solar water heater.

Finally, we can say that the world keeps revolving and the need to keep improving technological systems to suit various times never dies. Robotina keeps developing suitable ways where energy can be conserved, reducing consumption, cost, and improving environmental performance.