Product Code: ETC013082 | Publication Date: Jun 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Kuwait Solar Water Heater market currently, in 2023, has witnessed an HHI of 4279, Which has decreased substantially as compared to the HHI of 10000 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
Kuwait has seen an increase in the use of solar water heaters as it seeks to reduce its reliance on energy from non-renewable sources. Since 2016, Kuwait has increased incentives and subsidies for solar water heating systems through the government`s National Renewable Energy Plan (NREP). This plan aims at increasing renewable energy production in Kuwait by 2030. In 2018, over 4 million square meters of installed capacity of solar thermal systems had been achieved, with 90% being used for domestic hot water production. By 2021, this figure is expected to rise to 6 million square meters due mainly to governmental efforts and subsidies encouraging households and businesses to invest in renewable energy solutions. As a result of this growth, manufacturers are increasingly looking towards Kuwait?s market as a potential opportunity for business expansion.
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 Kuwait Solar Water Heater Market Overview |
3.1 Kuwait Country Macro Economic Indicators |
3.2 Kuwait Solar Water Heater Market Revenues & Volume, 2019 & 2026F |
3.3 Kuwait Solar Water Heater Market - Industry Life Cycle |
3.4 Kuwait Solar Water Heater Market - Porter's Five Forces |
3.5 Kuwait Solar Water Heater Market Revenues & Volume Share, By Technology, 2019 & 2026F |
3.6 Kuwait Solar Water Heater Market Revenues & Volume Share, By Application, 2019 & 2026F |
3.7 Kuwait Solar Water Heater Market Revenues & Volume Share, By System, 2019 & 2026F |
4 Kuwait Solar Water Heater Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Kuwait Solar Water Heater Market Trends |
6 Kuwait Solar Water Heater Market, By Types |
6.1 Kuwait Solar Water Heater Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 Kuwait Solar Water Heater Market Revenues & Volume, By Technology, 2016 - 2026F |
6.1.3 Kuwait Solar Water Heater Market Revenues & Volume, By Evacuated Tube Collector, 2016 - 2026F |
6.1.4 Kuwait Solar Water Heater Market Revenues & Volume, By Flat Plate Collector, 2016 - 2026F |
6.1.5 Kuwait Solar Water Heater Market Revenues & Volume, By Unglazed Water Collector, 2016 - 2026F |
6.2 Kuwait Solar Water Heater Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Kuwait Solar Water Heater Market Revenues & Volume, By Residential, 2016 - 2026F |
6.2.3 Kuwait Solar Water Heater Market Revenues & Volume, By Commercial, 2016 - 2026F |
6.2.4 Kuwait Solar Water Heater Market Revenues & Volume, By Industrial, 2016 - 2026F |
6.3 Kuwait Solar Water Heater Market, By System |
6.3.1 Overview and Analysis |
6.3.2 Kuwait Solar Water Heater Market Revenues & Volume, By Thermosyphon, 2016 - 2026F |
6.3.3 Kuwait Solar Water Heater Market Revenues & Volume, By Pumped, 2016 - 2026F |
7 Kuwait Solar Water Heater Market Import-Export Trade Statistics |
7.1 Kuwait Solar Water Heater Market Export to Major Countries |
7.2 Kuwait Solar Water Heater Market Imports from Major Countries |
8 Kuwait Solar Water Heater Market Key Performance Indicators |
9 Kuwait Solar Water Heater Market - Opportunity Assessment |
9.1 Kuwait Solar Water Heater Market Opportunity Assessment, By Technology, 2019 & 2026F |
9.2 Kuwait Solar Water Heater Market Opportunity Assessment, By Application, 2019 & 2026F |
9.3 Kuwait Solar Water Heater Market Opportunity Assessment, By System, 2019 & 2026F |
10 Kuwait Solar Water Heater Market - Competitive Landscape |
10.1 Kuwait Solar Water Heater Market Revenue Share, By Companies, 2019 |
10.2 Kuwait Solar Water Heater Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |