Project Report For Solar Water Heater Manufacturing
Introduction
Project report for Solar Water Heater Manufacturing is as follows.
Solar water heaters are devices that use solar energy to heat water. It may be a cost-effective method of heating water for your home (for shower and bath).
Solar water heater, a gadget that generates hot water using solar energy. Solar water heaters are typically composed of a solar collector located on the top of a structure and linked to a water storage tank.
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Unheated water may either be pumped straight from the tank via the collector or heated through a high-capacity heat-exchange fluid that has been warmed in the collector and transmits its heat through tubes in the tank’s water.
While heat transfer from the solar collector to the unheated water may occur passively, “active” solar hot water systems rely on energy to circulate the heat exchange fluid and power mechanical pumps and controls.
Although the technique of utilising the sun to heat household water dates all the way back to various ancient societies, it wasn’t until 1891 that the first commercially available patented solar hot water system was marketed.
Clarence Kemp invented the “Climax” system in Baltimore, Maryland. It was popular in California and other warm American regions. Given the relatively high expense and hassle of heating water with traditional fuels, many homes jumped at the opportunity to invest in these solar hot water heaters.
The Climax method, on the other hand, was restricted in that the heating element served as a storage tank, limiting the quantity of hot water accessible.
Market Potential Of Solar Water Heater Manufacturing
Expenses
Product Cost Breakup
Reveneue Vs Expenses
Market Trend
The worldwide solar water heater market was worth $4.7 billion in 2019 and is expected to reach $6.7 billion by 2027, rising at a 6.1 percent compound annual growth rate between 2020 and 2027.
A solar water heater is a device that uses solar energy to heat water. It captures heat through a solar collector and transfers it to a water tank via a circulating pump. It helps with energy consumption since solar energy is completely free in comparison to natural resources like natural gas or fossil fuels.
However, when there is inadequate illumination, a backup heating system is necessary. Solar water heaters cost between $3,000 and $7,000 for a fully integrated system. This is a popular choice for residential, commercial, and industrial applications.
The market is predicted to rise significantly as demand for eco-friendly and cost-effective energy solutions for water heating increases. Solar water heaters operate on the zero-emission and zero-consumption premise.
For example, 100 litres of heating oil or 100m3 of natural gas may be replaced by the sun shining on a 1m2 roof. Additionally, rising government concern about the effects of global warming is likely to drive demand for solar water heaters.