Solar Water Heater Installation
The Solar Water Heater Installation industry had an erratic past five years. The industry's saving grace was an assortment of both federal and state solar investment tax credits (ITCs), which subsidized the cost of solar water heater installations. Over the next five years, revenue growth is forecast to grow as corporate profit increases and technological advances continue to make solar water heaters more economical than natural gas. Nonetheless, regulatory policies that have been so favorable for the industry remain uncertain in light of an unresolved federal budgetary deficit, limiting overall revenue growth.
Operators in this industry install solar water heater systems as part of general residential and commercial contracting services. These operators are contracted either directly by the customer or by solar marketing companies that arrange a buyer for solar thermal systems and contract an industry operator to carry out the work.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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