Quote from a report of Market Research Manager at Zion Market Research: China is the largest market for solar water heating systems consuming the largest share of the market followed by India, Japan, and Australia. Owing to the large potential of solar power generation, Asia-Pacific is the fastest growing market. That has a little of change after 2015, but China is still the biggest SWH main market .
Major players in the global solar water heating market are Azure Power India, Central Electronics, Chemtrols Solar, Emmvee Solar Systems, Euro Multivision, Indosolar, and Jupiter Solar Power. Other key players dominating the global market are Lanco Solar Private, Mahindra Solar One, Moser Baer Photovoltaic, Photon Energy Systems, PLG Power, Surana Ventures, Tata Power Solar Systems, Vikram Solar, Websol Energy System, and XL Energy