Product Code: ETC013096 | Publication Date: Oct 2020 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
The solar water heater market in Ghana offers solar thermal systems for heating water using sunlight, reducing energy costs and carbon emissions in residential, commercial, and industrial hot water systems.
The increasing awareness of renewable energy and sustainability, the growing demand for clean and cost-effective hot water solutions, and the adoption of solar water heaters for residential, commercial, and industrial applications are driving the growth of Ghana solar water heater market. Solar water heaters utilize sunlight to heat water for domestic and industrial use, offering energy savings, carbon footprint reduction, and reliable hot water supply, thus stimulating market growth.
Challenges here could include upfront installation costs, addressing concerns about system reliability and maintenance, and competition from conventional water heating technologies.
Recognizing the potential of solar water heaters to reduce energy costs, promote energy independence, and mitigate climate change impacts, the government of Ghana has introduced policies to regulate and support the solar water heater market. These policies aim to incentivize the adoption of solar water heating systems in residential, commercial, and industrial buildings, thereby reducing reliance on fossil fuels and lowering greenhouse gas emissions. The government collaborates with regulatory bodies, industry associations, and financial institutions to establish standards for product quality, installation, and maintenance of solar water heaters. Additionally, the government offers financial incentives such as tax rebates, subsidies, and low-interest loans to support the purchase and installation of solar water heating systems by households, businesses, and public institutions. By fostering a regulatory environment that promotes renewable energy deployment, energy efficiency, and climate resilience, the government aims to accelerate the transition to clean and sustainable energy sources in Ghana, create employment opportunities, and improve energy access for all citizens.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Ghana Solar Water Heater Market Overview |
3.1 Ghana Country Macro Economic Indicators |
3.2 Ghana Solar Water Heater Market Revenues & Volume, 2021 & 2031F |
3.3 Ghana Solar Water Heater Market - Industry Life Cycle |
3.4 Ghana Solar Water Heater Market - Porter's Five Forces |
3.5 Ghana Solar Water Heater Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.6 Ghana Solar Water Heater Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Ghana Solar Water Heater Market Revenues & Volume Share, By System, 2021 & 2031F |
4 Ghana Solar Water Heater Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Ghana Solar Water Heater Market Trends |
6 Ghana Solar Water Heater Market, By Types |
6.1 Ghana Solar Water Heater Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 Ghana Solar Water Heater Market Revenues & Volume, By Technology, 2021-2031F |
6.1.3 Ghana Solar Water Heater Market Revenues & Volume, By Evacuated Tube Collector, 2021-2031F |
6.1.4 Ghana Solar Water Heater Market Revenues & Volume, By Flat Plate Collector, 2021-2031F |
6.1.5 Ghana Solar Water Heater Market Revenues & Volume, By Unglazed Water Collector, 2021-2031F |
6.2 Ghana Solar Water Heater Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Ghana Solar Water Heater Market Revenues & Volume, By Residential, 2021-2031F |
6.2.3 Ghana Solar Water Heater Market Revenues & Volume, By Commercial, 2021-2031F |
6.2.4 Ghana Solar Water Heater Market Revenues & Volume, By Industrial, 2021-2031F |
6.3 Ghana Solar Water Heater Market, By System |
6.3.1 Overview and Analysis |
6.3.2 Ghana Solar Water Heater Market Revenues & Volume, By Thermosyphon, 2021-2031F |
6.3.3 Ghana Solar Water Heater Market Revenues & Volume, By Pumped, 2021-2031F |
7 Ghana Solar Water Heater Market Import-Export Trade Statistics |
7.1 Ghana Solar Water Heater Market Export to Major Countries |
7.2 Ghana Solar Water Heater Market Imports from Major Countries |
8 Ghana Solar Water Heater Market Key Performance Indicators |
9 Ghana Solar Water Heater Market - Opportunity Assessment |
9.1 Ghana Solar Water Heater Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.2 Ghana Solar Water Heater Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Ghana Solar Water Heater Market Opportunity Assessment, By System, 2021 & 2031F |
10 Ghana Solar Water Heater Market - Competitive Landscape |
10.1 Ghana Solar Water Heater Market Revenue Share, By Companies, 2024 |
10.2 Ghana Solar Water Heater Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |