インドの太陽熱温水器市場の評価：システム別、コレクタータイプ別、エンドユーザー別、地域別、機会、予測、2018年～2032年

インドの太陽熱温水器市場は、予測期間の2025年から2032年にCAGR7.20％を記録し、2024年の3億5,160万米ドルから、2032年には6億1,321万米ドルに成長すると予測されています。同市場は近年著しい成長を遂げており、今後も力強い拡大ペースを維持すると予想されます。

インドでは、太陽熱温水器の成長に寄与する複数の要因として、再生可能エネルギー技術への投資の増加と今後の建築規制が挙げられます。また、従来のエネルギー源のコスト上昇は、住宅や商業用途における太陽熱温水器の需要を促進する費用対効果の高いソリューションを選択する消費者を促しています。太陽熱温水器は、エネルギーコストの大幅な節約になると長期的に経済的に、家の所有者に他の利点を提供します。住宅部門では、国内で最も高い太陽熱温水器市場シェアを獲得しています。

インドの都市化の割合が高いため、市場での太陽熱温水器の需要を牽引する住宅、ホテル、病院、教育機関での給湯需要が増加しています。また、ヒーターの効率と性能向上と一緒に環境に優しいエネルギー源の採用に向かって増加傾向は、今後数年間の太陽熱温水器市場の成長を促進するもう一つの要因です。政府は、住宅分野での太陽熱温水器の採用を増加させる業界標準を後押しするために、太陽熱温水器の新たな品質管理措置をリリースする予定です。

例えば、2024年10月に、新再生可能エネルギー省（MNRE）は、太陽熱温水器の品質を維持するために公式の品質管理命令を発行することを決定しました。すべてのコンプライアンスに従うことは、製品の有効性を向上させる製造業者にとって必須です。この開発は、市場での太陽熱温水器の採用率を高めると思われます。

目次

第1章 プロジェクトの範囲と定義

第2章 調査手法

第3章 エグゼクティブサマリー

第4章 顧客の声

• 回答者の人口統計
• 購入決定時に考慮される要素
  • インストール時間
  • 太陽光パネルの効率
  • システムのコスト
  • 技術営業・サービス

第5章 インドの太陽熱温水器市場の展望、2018年～2032年

• 市場規模の分析と予測
  • 金額別
  • 数量別
• 市場シェア分析と予測
  • タイプ別
    • アクティブソーラー温水システム
    • パッシブソーラー給湯システム
  • コレクタータイプ別
    • 艶出し
    • 素焼き
  • エンドユーザー別
    • 住宅
    • 商業
    • 産業
  • 地域別
    • 北部
    • 南部
    • 東部
    • 西部・中部
  • 企業別市場シェア分析（上位5社とその他-金額別、2024年）
• 市場マップ分析、2024年
  • システム別
  • コレクタータイプ別
  • エンドユーザー別
  • 地域別

すべてのセグメントは、対象地域すべてに提供されます。

第6章 ポーターのファイブフォース分析

第7章 PESTLE分析

第8章 市場力学

• 市場促進要因
• 市場の課題

第9章 市場の動向と発展

第10章 競合情勢

• 市場リーダー上位5社の競合マトリックス
• 上位5企業のSWOT分析
• 市場上位10の主要企業の情勢
  • V-Guard Industries Ltd.
  • 会社概要
  • 主要経営陣
  • 製品とサービス
  • 財務状況（報告通り）
  • 主な市場フォーカスと地理的プレゼンス
  • 最近の動向/コラボレーション/パートナーシップ/合併と買収
  • Ariston Group India Private Limited
  • Sudarshan Saur Shakti Private Limited
  • Emmvee Photovoltaic Power Private Limited
  • Venus Home Appliances（P）Ltd.
  • Supreme Solar Projects Private Limited
  • Sun Stellar Venture Private Limited
  • Velnet Non-Conventional Energy Systems Private Limited
  • Waaree Energies Ltd.
  • Inter Solar Systems Private Limited

上記の企業は市場シェアに基づいて注文を保留しておらず、調査作業中に入手可能な情報に基づいて変更される可能性があります。

第11章 戦略的提言

第12章 調査会社について・免責事項

List of Tables

• Table 1. Competition Matrix of Top 5 Market Leaders
• Table 2. Mergers & Acquisitions/ Joint Ventures (If Applicable)
• Table 3. About Us - Regions and Countries Where We Have Executed Client Projects

List of Figures

• Figure 1. India Solar Water Heater Market, By Value, In USD Million, FY2018-FY2032F
• Figure 2. India Solar Water Heater Market, By Volume, In Thousand Units, FY2018-FY2032F
• Figure 3. India Solar Water Heater Market Share (%), By System, FY2018-FY2032F
• Figure 4. India Solar Water Heater Market Share (%), By Collector Type, FY2018-FY2032F
• Figure 5. India Solar Water Heater Market Share (%), By End-user, FY2018-FY2032F
• Figure 6. India Solar Water Heater Market Share (%), By Region, FY2018-FY2032F
• Figure 7. By System Map-Market Size (USD Million) & Growth Rate (%), FY2024
• Figure 8. By Collector Type Map-Market Size (USD Million) & Growth Rate (%), FY2024
• Figure 9. By End-user Map-Market Size (USD Million) & Growth Rate (%), FY2024
• Figure 10. By Region Map-Market Size (USD Million) & Growth Rate (%), FY2024

India solar water heater market is projected to witness a CAGR of 7.20% during the forecast period FY2025- FY2032F, growing from USD 351.60 million in FY2024 to USD 613.21 million in FY2032. The market has experienced significant growth in recent years and is expected to maintain a strong pace of expansion in the coming years.

In India, multiple factors contributing to the growth of solar water heaters are the rise in investment in renewable energy technology and upcoming building regulations. Moreover, the rising costs of conventional energy sources have prompted consumers to opt for cost-effective solutions which drive the demand for solar water heaters in residential and commercial applications. Solar water heaters result in significant savings on energy costs and offer other benefits to the house owners, economically in the long term. The residential sector captures the highest solar water heaters market share in the country.

The high rate of urbanization in India has increased hot water demand in residential buildings, hotels, hospitals, and educational institutions which drives the demand for solar water heaters in the market. Moreover, the increasing trend toward the adoption of environment-friendly energy sources along with the efficiency and performance enhancement of heaters is another factor that promotes the growth of the solar water heaters market in coming years. The government is planning to release new quality control measures for solar water heaters to boost industry standards, which will increase the adoption of solar water heaters in the residential sector.

For instance, in October 2024, The Ministry of New and Renewable Energy (MNRE) decided to issue an official quality control order to maintain the quality of solar water heaters. Following all compliance is mandatory for the manufacturer which will improve the effectiveness of the product. This development will boost the adoption rate of solar water heaters in the market.

Growing Consumer Awareness of Renewable Energy Technologies Boosts the Demand for Solar Water Heaters

Consumers are aware of the growing concerns related to energy security on a global scale. Many traditional energy sources are in a depleting phase; consequently, energy prices are rising. Solar water heaters help reduce reliance on conventional energy sources, which often suffer from supply interruptions and price volatility. Consumers recognize the savings associated with solar water heaters in terms of significant energy savings, reduced electricity bills, and other environmental benefits, which motivate the residential sector to install them.

With the rise in consumer awareness regarding climate change and environmental issues, promoting the adoption of renewable energy technologies will help reduce the carbon footprint. Furthermore, solar water heaters are powered by sunlight, making them a green option for heating that offers greater savings and lower carbon emissions. Growing awareness of the environmental benefits of renewable energy sources is driving demand for rooftop solar water heaters. This shift towards environmentally responsible technologies is increasing demand in the solar water heater market.

In addition, manufacturers and government authorities have engaged in educational campaigns to inform consumers about the merits of renewable energy technologies, such as solar water heaters. These campaigns demystify technology and address misconceptions, making prospective consumers feel more comfortable embracing solar water heaters as their primary source of hot water.

For instance, in October 2024, the government is organizing an awareness camp named "Har Ghar Solar Campaign" at Janeshwar Mishra Park in Lucknow to make people aware of the government schemes and grants. This development will help to increase awareness regarding the new schemes which will boost the demand for solar water heaters in the market.

Rising Environmental Regulations Drive the Market Growth

The country is implementing several environmental regulations aimed at controlling carbon footprints and significantly increasing the demand for renewable energy technologies in the Indian market. Adhering strictly to these regulations creates a framework that encourages the adoption of solar water heating systems by various end-users across the country. Furthermore, the Indian government is setting ambitious targets for reducing greenhouse gas emissions by 2030. This long-term vision promotes investment in solar technology within both the residential and commercial sectors, ensuring compliance with environmental regulations. Solar water heating technologies contribute to national efforts to reduce the dependency on fossil fuels, thereby driving their demand in the market.

The upcoming environmental regulations are strongly promoting the construction of green building practices, which prioritize sustainability and energy-efficient technologies. The integration of solar water heating systems into new constructions aligns with green building regulations and helps reduce overall energy consumption and carbon emissions. The Indian government has implemented various energy efficiency standards through regulations such as the Energy Conservation Building Code (ECBC), which mandates the use of solar water heating systems to meet a specified percentage of hot water demand in households. As more builders adopt green certifications and comply with eco-friendly building codes, the demand for solar water heaters in the market will likely increase.

For instance, Union Budget 2024 has taken significant steps towards promoting sustainability by supporting the development of green buildings. The Union Budget includes PM Surya Ghar Muft Bijli Yojana, which aims to install rooftop solar plants for one crore households, which is a promising initiative that could complement green building efforts by providing clean, renewable energy directly to homes. This development will increase adoption of solar water heaters in the market.

Favorable Government Initiatives and Incentives Creates Market Opportunities

The government and related authorities such as Ministry of New and Renewable Energy (MNRE) are coming up and implementing new innovative policies for the upliftment of the solar energy market in the country. The government is initiating the promotion of renewable energy technologies by providing subsidies, tax incentives, and rebates for solar water heaters which significantly influence purchasing decisions.

Secondly, the government has initiated and implemented policies toward adoption by streamlining the process for approval of solar water heaters on rooftops. The initiatives by the government are lifting renewable energy through the reduction of barriers making the adoption of solar technology simpler for homeowners. Such initiatives directly align with goals of sustainability that will set a good environment to make the country adopt more of solar energy.

Governments are providing investment initiatives to manufacturers for research and development related to solar technologies. The research and development activities support the advancements that lower costs and further improve system efficiency. Innovations in solar water heating systems make systems more attractive to consumers, hence, creating the opportunity for market growth in the coming years. In addition, the state governments also play a vital role by implementing localized manufacturing initiatives that cater to regional needs which helps the manufacturers to increase the production in the same area.

For instance, as per the Energy Efficiency & Renewable Energy Management Centre, a subsidy scheme is available for the domestic sector for the promotion of solar water heating systems in the sector. Through this scheme, a fixed incentive/rebate is given on the installation of solar water heating systems to the homeowner. This development will increase the demand for solar water heaters in the market.

Active Solar Water Heating Systems to Dominate the Market Share

Active solar water heating systems have the largest market share and dominate the market in India. The system utilizes solar energy to heat water at a high rate which makes solar water heaters an attractive option for residential and commercial applications. Furthermore, the advancements in solar technology have enhanced the efficiency and performance of the active solar water heating systems which makes the system more dependable and effective in various weather conditions.

The system contributes to reducing carbon emissions by utilizing renewable solar energy which drives its demand in green buildings and in large industries. Smart homes are able to connect with the systems which enables better optimization of hot water storage and usage which drives its demand in the residential sector. In addition, manufacturers are adopting innovative designs and materials which help to lower the cost of active solar water heating systems and create a market opportunity for growth in the forecast period.

North Region is the Fastest Growing Market

The Northern region of the country is the fastest-growing solar water heater market and is likely to continue this trend during the forecast period. This region comprises states such as Rajasthan and Uttar Pradesh, which have high solar irradiance, making it an ideal location for the installation of solar water heaters. Furthermore, state governments offer incentives in the form of subsidies, tax benefits, and net metering policies, which make solar water heaters more financially attractive in the region.

The region is rapidly urbanizing, leading to an increased demand for renewable energy technologies. Solar water heaters are becoming a viable solution by utilizing existing roof space without requiring additional space in bathrooms, which drives their demand in the area. Both industrial and commercial sectors are adopting solar water heater technologies as part of their CSR initiatives, further boosting demand across various sectors.

Future Market Scenario (FY2025 - FY2032F)

The environmental benefits of renewable energy sources are increasing in awareness, thus propelling the demand for the solar water heater market.

Innovations in installation techniques and system design make it easier for consumers to adopt new solar technologies which are expected to enhance the demand for solar water heaters in the forecast period.

Technological advancement in solar has led to the development of more efficient solar collectors and systems which drive the demand for solar water heaters in the residential sector.

Future government policies and subsidies create opportunities for the solar water heater market in the coming years.

Key Players Landscape and Outlook

Continuous innovation characterizes the landscape of solar water heaters, as companies compete in terms of energy efficiency, product lifespan, and unique features. The market outlook remains positive, owing to increasing investments in the production of solar water heaters and a rise in the adoption of renewable energy sources for producing hot water in the residential sector. Solar water heater manufacturers are promoting their products with improved system efficiency and competitive pricing, along with technical support, to drive growth in the solar water heater market. Product launches, agreements, business expansions, collaborations, certifications, and advancements in technology are projected to increase competition in this fast-paced market.

For instance, in July 2023, Sudarshan Saur Shakti Private Limited received both the ISI mark and a coveted '3-Star Rating' from the Bureau of Energy Efficiency (BEE), operating under the Ministry of Power for the solar water heater. This development will help the company gain customer confidence in the product and revenue in the near future.

Table of Contents

1. Project Scope and Definitions

2. Research Methodology

3. Executive Summary

4. Voice of Customer

• 4.1. Respondent Demographic
• 4.2. Factors Considered in Purchase Decisions
  • 4.2.1. Installation Time
  • 4.2.2. Solar Panel Efficiency
  • 4.2.3. Cost of System
  • 4.2.4. Technical Sales and Service

5. India Solar Water Heater Market Outlook, FY2018-FY2032F

• 5.1. Market Size Analysis & Forecast
  • 5.1.1. By Value
  • 5.1.2. By Volume
• 5.2. Market Share Analysis & Forecast
  • 5.2.1. By Type
    • 5.2.1.1. Active Solar Water Heating Systems
      • 5.2.1.1.1. Direct Circulation Systems
      • 5.2.1.1.2. Indirect Circulation Systems
    • 5.2.1.2. Passive Solar Water Heating Systems
      • 5.2.1.2.1. Integral Collector-Storage Passive Systems
      • 5.2.1.2.2. Thermosyphon Systems
  • 5.2.2. By Collector Type
    • 5.2.2.1. Glazed
      • 5.2.2.1.1. Evacuated Tube
      • 5.2.2.1.2. Flat Plate
    • 5.2.2.2. Unglazed
  • 5.2.3. By End-user
    • 5.2.3.1. Residential
    • 5.2.3.2. Commercial
    • 5.2.3.3. Industrial
  • 5.2.4. By Region
    • 5.2.4.1. North
    • 5.2.4.2. South
    • 5.2.4.3. East
    • 5.2.4.4. West and Central
  • 5.2.5. By Company Market Share Analysis (Top 5 Companies and Others - By Value, FY2024)
• 5.3. Market Map Analysis, FY2024
  • 5.3.1. By System
  • 5.3.2. By Collector Type
  • 5.3.3. By End-user
  • 5.3.4. By Region

All segments will be provided for all regions covered

6. Porter's Five Forces Analysis

7. PESTLE Analysis

8. Market Dynamics

• 8.1. Market Drivers
• 8.2. Market Challenges

9. Market Trends and Developments

10. Competitive Landscape

• 10.1. Competition Matrix of Top 5 Market Leaders
• 10.2. SWOT Analysis for Top 5 Players
• 10.3. Key Players Landscape for Top 10 Market Players
  • 10.3.1. V-Guard Industries Ltd.
    • 10.3.1.1. Company Details
    • 10.3.1.2. Key Management Personnel
    • 10.3.1.3. Products and Services
    • 10.3.1.4. Financials (As Reported)
    • 10.3.1.5. Key Market Focus and Geographical Presence
    • 10.3.1.6. Recent Developments/Collaborations/Partnerships/Mergers and Acquisition
  • 10.3.2. Ariston Group India Private Limited
  • 10.3.3. Sudarshan Saur Shakti Private Limited
  • 10.3.4. Emmvee Photovoltaic Power Private Limited
  • 10.3.5. Venus Home Appliances (P) Ltd.
  • 10.3.6. Supreme Solar Projects Private Limited
  • 10.3.7. Sun Stellar Venture Private Limited
  • 10.3.8. Velnet Non-Conventional Energy Systems Private Limited
  • 10.3.9. Waaree Energies Ltd.
  • 10.3.10. Inter Solar Systems Private Limited

Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work.

11. Strategic Recommendations

12. About Us and Disclaimer