An Overview of Solar Water Heater Industry in India
The
global market of non-conventional energy resources has witnessed an increase in
demand for it. It makes use of a renewable source of energy and this makes it a
widely accepted choice in varied countries like China, Australia, India and
also the countries of the European Union.
India
presently has low solar heater consumption compared to countries like China.
However, the growth rate of the sales of those devices is price taking a note. Consumers
from residential as well as industrial areas are becoming attracted towards the
use of it. Here is a discussion regarding the demand and use of it in India.
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It
was in the year 1982 that the Department of Non-conventional Energy Sources was
formed in India that light-emitting diode to the introduction of it and
different energy sources. However, the solar water heater quality in the country
increased in the middle 90s. The annual rate of those devices between 1995 and
2000 was around 8 p.c. Also, more than 80 p.c of the consumers belonged to the
industrial and commercial sectors.
The
annual rate of solar water heaters increased to 20.6 % throughout the period
between 2001 and 2004 and it further increased to over 24 p.c from 2004 to
2008. Ranging from 2001, the number of residential users of those devices
increased significantly.
However,
the solar water heater consumption in India is disappointingly low as compared
to the opposite countries. As per the reports of 2008, over 65 p.c of the
entire solar water heater capability was used by China. This places China at
the highest of the list of the countries that presently use these energy devices.
The figure was chased by the European Union whose usage of total solar water
heating capability was over12 p.c. Turkey, Japan, and Israel are different
countries who had individual vital shares. India's share in solar water heating
capability use was only 1.2 percent.
In
China, the residential usage of solar water heaters dominates the market. Over
10 p.c of the overall households in the country make use of solar energy used
by these solar heaters. Nearly 98 p.c of the annual sales of those heaters in the
country is contributed by the residential consumers. The country has set the
target to increase the solar heater reach up to 30 p.c of the overall
households in the next 10 years.
As
per the 2009 report, 80 p.c of the overall sales of solar water heaters in the
year were made to the residential consumers. The hotel owners had a share of 6
p.c within the total sales of solar water heaters. Around 6 p.c of those
devices were sold-out to the industrial consumers and about 3 p.c to the
hospitals.
Growth
in urban housing and improvement in the offer chain of it, are the two main
reasons for the growth in their demand in the country. With the cumulative
annual rate of nearly 17 p.c from 1995 to 2008, its business in the country is
growing in several sectors.
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