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News listLet the world fell in love with Made in China date:2015-11-12 11:05:07 Congratulations to CHANGZHOU SUNLIGHT SOLAR ENERGY CO.,LTD win a hot water project of Weichun hospit date:2015-4-30 15:06:06 Henan Cadre Institute Hot Water System date:2015-4-1 India Water Heaters Market Forecast and Opportunities, 2020 date:2015-3-28 India water heaters market exhibited growth of around 10% during 2010-14 All the parties concerned of split solar water heater date:2014-9-3 16:50:31 Treatment of haze: solar should not "bound" date:2014-7-23 16:06:27 The prospect of the balcony type solar water heater market is considerable date:2014-2-28 14:21:55 Sunlight Win The Bid of Changzhou Government date:2013-7-23 17:16:13 sunlight, changzhou goverment project Leaders from Science and Technology Bureau Came to Observe and Study Solar Heating Program date:2013-4-8 9:43:34 Sunlight cooperates with Nanjing University to develop new “solar heating technology” date:2013-4-8 9:40:11 |
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India Water Heaters Market Forecast and Opportunities, 2020
India Water Heaters Market Forecast and Opportunities, 2020 UpDate：2015-3-28
 According to India Water Heaters Market Forecast & Opportunities, 2020, the market for water heaters in India is expected to surpass USD450 million through 2020.
Solar water heaters are the fastest growing segment in India water heater market. Further, growth in this segment is expected on account of rising awareness among consumers, pertaining to the benefits of solar water heaters both in terms of energy efficiency and being eco-friendly. Gas water heater market in the country is still at a nascent stage, but is expected to pick pace on the back of expansion of piped gas network across the country. The report reveals that Racold, Bajaj Electricals and Venus are the leading players in India water heater market and their revenue share is expected to grow over the forecasted period, owing to their expansion plans and widening of dealership networks.
India water heaters market exhibited growth of around 10% during 2010-14. In India, the demand for water heaters has been increasing over the last few years on account of growth in construction sector and increasing disposable income. Moreover, water heaters used in the country are no longer limited to the residential sector as demand for water heaters in industrial and commercial sectors of the country is surging. Residential sector is the largest revenue contributor in water heaters market owing to increase in the housing projects in the country. While, electric water heaters are currently dominating the market, solar water heaters in the country have also gained prominence among Indian consumers over the past few years.
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