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Solar Water Heaters Global Market Report 2025
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Global Solar Water Heaters Market Report 2025

Report Price : $4490.00

Pages : 175

Format : PDF

Published : January 2025

Delivery Time : 2-3 Business Days

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Solar Water Heaters Global Market Report 2025

By System (Thermosiphon, Pumped), By Collector (Evacuated Tube Collector, Flat Plate Collector, Unglazed Water Collector), By Capacity (100 L, 150 Liter, 200 Liter, Other Capacity), By Application (Residential, Commercial, Industrial) – Impact of Tariff and Trade War on Market Size, Growth, Trends, and Forecast 2025–2034

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Solar Water Heaters Market Overview

• Solar Water Heaters market size has reached to $4.63 billion in 2024

• Expected to grow to $6.38 billion in 2029 at a compound annual growth rate (CAGR) of 6.5%

• Growth Driver: Solar Water Heaters Gain Momentum Amidst Soaring Energy Costs

• Market Trend: Panasonic's Eco Cute Paves The Way For Sustainable Living Through Solar Water Heating

• North America was the largest region in 2024 and Asia-Pacific is the fastest growing region.

What Is Covered Under Solar Water Heaters Market?

Solar water heaters are systems that utilize solar energy to heat water for domestic, commercial, and industrial use. They typically consist of solar thermal collectors and a storage tank, efficiently converting sunlight into heat to provide hot water. These systems reduce the reliance on traditional energy sources, lowering energy costs and decreasing greenhouse gas emissions.

The main solar water heater systems are thermosiphon and pumped. A thermosiphon solar water heating system operates on the principle of natural convection, where cold water in the collector absorbs solar heat, becomes lighter, and naturally rises into the storage tank located above the collector. They use various collectors, such as an evacuated tube collector, a flat plate collector, and an unglazed water collector. They are available in different capacities, such as 100 liters, 150 liters, 200 liters, and others. They are used for various applications, such as residential, commercial, and industrial.

Solar Water Heaters Market Size and growth rate 2025 to 2029: Graph

What Is The Solar Water Heaters Market Size 2025 And Growth Rate?

The solar water heaters market size has grown strongly in recent years. It will grow from $4.63 billion in 2024 to $4.95 billion in 2025 at a compound annual growth rate (CAGR) of 6.9%. The growth in the historic period can be attributed to rising energy prices and volatility in fossil fuel markets, increasing focus on energy independence and security, growing consumer preference for sustainable and eco-friendly solutions.

What Is The Solar Water Heaters Market Growth Forecast?

The solar water heaters market size is expected to see strong growth in the next few years. It will grow to $6.38 billion in 2029 at a compound annual growth rate (CAGR) of 6.5%. The growth in the forecast period can be attributed to rising demand for off-grid and decentralized energy solutions, increasing adoption of hybrid solar water heating systems, continuation of government incentives and policies favoring renewable energy. Major trends in the forecast period include adoption of predictive analytics and artificial intelligence for system optimization, emergence of new business models focused on energy-as-a-service and performance contracting, development of standards and certifications to ensure product quality and safety, collaborative partnerships between manufacturers and utilities to promote solar water heating.

The forecast of 6.5% growth over the next five years reflects a modest reduction of 0.5% from the previous estimate for this market. This reduction is primarily due to the impact of tariffs between the US and other countries. This is likely to directly affect the US through supply constraints for evacuated glass tubes and copper heat exchangers, largely sourced from China and Brazil, leading to higher retail prices for residential solar thermal systems. The effect will also be felt more widely due to reciprocal tariffs and the negative effect on the global economy and trade due to increased trade tensions and restrictions.

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What’s The Trade War Impact On Electrical and Electronics Industry?

The rapid rise in U.S. tariffs and the subsequent trade frictions in spring 2025 are having a major impact on the electrical and electronics sector, with semiconductors, display panels, and rare-earth metals (essential for batteries and motors) subject to steep duties. Consumer electronics brands face profit erosion, as competitive markets limit their ability to pass costs to buyers. Industrial electronics manufacturers, meanwhile, grapple with delayed projects due to shortages of tariff-impacted components like printed circuit boards. Companies are responding by relocating assembly to tariff-exempt countries, increasing inventory buffers, and redesigning products to reduce dependency on restricted materials.

How Is The Solar Water Heaters Market Segmented?

The solar water heaters market covered in this report is segmented –

1) By System: Thermosiphon, Pumped

2) By Collector: Evacuated Tube Collector, Flat Plate Collector, Unglazed Water Collector

3) By Capacity: 100 L, 150 Liter, 200 Liter, Other Capacity

4) By Application: Residential, Commercial, Industrial

Subsegments:

1) By Thermosiphon: Direct Thermosiphon Systems, Indirect Thermosiphon Systems

2) By Pumped: Active Pumped Systems, Passive Pumped Systems

What Is Driving The Solar Water Heaters Market? Solar Water Heaters Gain Momentum Amidst Soaring Energy Costs

The increasing energy prices are expected to propel the growth of the solar water heater market going forward. Energy refers to the fundamental entity of nature that is transferred between parts of a system in the production of usable power, such as heat or electricity. The prices are rising due to increased demand, supply constraints, geopolitical tensions, and the transition to renewable energy sources. Solar water heaters play a vital role in mitigating the impact of increasing energy prices by providing a cost-effective and sustainable alternative for water heating. For instance, in October 2024, according to Eurostat, a Luxembourg-based government agency, in the first half of 2024, household electricity prices in the EU experienced the largest increase in Ireland, rising by 37% compared to the same period in 2023. Therefore, increasing energy prices are driving the growth of the solar water heater market.

Who Are The Major Players In The Global Solar Water Heaters Market?

Major companies operating in the solar water heaters market are Robert Bosch GmbH, Hubbell Incorporated, Viessmann Manufacturing, Ariston Group, Rheem Manufacturing Company, Stiebel Eltron Inc., Tata Power Solar Systems Limited, V-Guard Industries Ltd., Bradford White Corporation, Himin Solar Energy Group, Photon Energy Systems Ltd., A. O. Smith, Central Electronics Limited, Alternate Energy Technologies LLC, Kodsan Isi Teknolojileri, SunEarth Inc., Apricus Solar Co. Ltd., Jupiter Solar Power Limited, SunTank, Solav Energy, Ferroli S.p.A., FAFCO Inc., Wagner & Co Solartechnik GmbH, Chemtrols Solar Pvt. Ltd., Nihon Itomic Co. Ltd.

What Are The Key Trends Of The Global Solar Water Heaters Market? Panasonic's Eco Cute Paves The Way For Sustainable Living Through Solar Water Heating

Major companies operating in the solar water heater market are increasing their focus on developing new products, such as Eco Cute, to elevate their financial performance in the market. This system, which encompasses an air-source heat pump system and a hot water storage unit, seamlessly integrates with residential solar panels to harness excess solar energy for water heating. For instance, in March 2022, Panasonic Corporation, a Japan-based electronic company, launched Eco Cute. The eco cute system captures heat from the air to create hot water for residential use. It offers energy-efficient water heating and supply by utilizing supercritical carbon dioxide as a refrigerant instead of conventional gases like ammonia or haloalkanes. The system is known for its environmental benefits, including energy conservation and reduced greenhouse gas emissions. It includes a heat pump and hot water storage unit that helps maintain bathwater temperatures at a constant level, saving energy and reducing water usage.

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What Are Latest Mergers And Acquisitions In The Solar Water Heaters Market? Ariston Holding N.V. Boosts Solar Water Heater Offerings With Chromagen Acquisition

In January 2022, Ariston Holding N.V., an Italy-based company that provides heating systems and related products, acquired Chromagen Ltd. for $35.84 million. Through this acquisition, Ariston strengthens its competitive position by leveraging Chromagen's expertise and market presence, marking a notable progression in advancing sustainable solutions in the solar water heater market. Chromagen Ltd. is an Israel-based company that specializes in water heating, energy savings, and clean energy, including solar water heaters for various applications.

What Is The Regional Outlook For The Global Solar Water Heaters Market?

North America was the largest region in the solar water heaters market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the solar water heaters market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the solar water heaters market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

What Defines the Solar Water Heaters Market?

The solar water heater market consists of sales of products such as solar collectors, storage tanks, circulation systems, controllers, and backup heating systems. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What is the Market Assessment and Strategic Outlook for the Solar Water Heaters Industry?

The solar water heaters market research report is one of a series of new reports from The Business Research Company that provides solar water heaters market statistics, including solar water heaters industry global market size, regional shares, competitors with a solar water heaters market share, detailed solar water heaters market segments, market trends and opportunities, and any further data you may need to thrive in the solar water heaters industry. This solar water heater market research report delivers a complete perspective on everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Solar Water Heaters Market Report Forecast Analysis

Report AttributeDetails
Market Size Value In 2025 $4.95 billion
Revenue Forecast In 2034 $6.38 billion
Growth Rate CAGR of 6.5% from 2025 to 2034
Base Year For Estimation 2024
Actual Estimates/Historical Data 2019-2024
Forecast Period 2025 - 2029 - 2034
Market Representation Revenue in USD Billion and CAGR from 2025 to 2034
Segments Covered 1) By System: Thermosiphon, Pumped
2) By Collector: Evacuated Tube Collector, Flat Plate Collector, Unglazed Water Collector
3) By Capacity: 100 L, 150 Liter, 200 Liter, Other Capacity
4) By Application: Residential, Commercial, Industrial Subsegments: 1) By Thermosiphon: Direct Thermosiphon Systems, Indirect Thermosiphon Systems
2) By Pumped: Active Pumped Systems, Passive Pumped Systems
Regional Scope Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Country Scope The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report are Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled Robert Bosch GmbH, Hubbell Incorporated, Viessmann Manufacturing, Ariston Group, Rheem Manufacturing Company, Stiebel Eltron Inc., Tata Power Solar Systems Limited, V-Guard Industries Ltd., Bradford White Corporation, Himin Solar Energy Group, Photon Energy Systems Ltd., A. O. Smith, Central Electronics Limited, Alternate Energy Technologies LLC, Kodsan Isi Teknolojileri, SunEarth Inc., Apricus Solar Co. Ltd., Jupiter Solar Power Limited, SunTank, Solav Energy, Ferroli S.p.A., FAFCO Inc., Wagner & Co Solartechnik GmbH, Chemtrols Solar Pvt. Ltd., Nihon Itomic Co. Ltd.
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Pricing And Purchase OptionsExplore Purchase Options

Table Of Contents

1. Executive Summary

2. Solar Water Heaters Market Characteristics

3. Solar Water Heaters Market Trends And Strategies

4. Solar Water Heaters Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Trade Wars and Tariffs, And Covid And Recovery On The Market

4.1. Supply Chain Impact from Tariff War & Trade Protectionism

5. Global Solar Water Heaters Growth Analysis And Strategic Analysis Framework

5.1. Global Solar Water Heaters PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)

5.2. Analysis Of End Use Industries

5.3. Global Solar Water Heaters Market Growth Rate Analysis

5.4. Global Solar Water Heaters Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)

5.5. Global Solar Water Heaters Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)

5.6. Global Solar Water Heaters Total Addressable Market (TAM)

6. Solar Water Heaters Market Segmentation

6.1. Global Solar Water Heaters Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Thermosiphon

Pumped

6.2. Global Solar Water Heaters Market, Segmentation By Collector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Evacuated Tube Collector

Flat Plate Collector

Unglazed Water Collector

6.3. Global Solar Water Heaters Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

100 L

150 Liter

200 Liter

Other Capacity

6.4. Global Solar Water Heaters Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Residential

Commercial

Industrial

6.5. Global Solar Water Heaters Market, Sub-Segmentation Of Thermosiphon, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Direct Thermosiphon Systems

Indirect Thermosiphon Systems

6.6. Global Solar Water Heaters Market, Sub-Segmentation Of Pumped, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Active Pumped Systems

Passive Pumped Systems

7. Solar Water Heaters Market Regional And Country Analysis

7.1. Global Solar Water Heaters Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

7.2. Global Solar Water Heaters Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8. Asia-Pacific Solar Water Heaters Market

8.1. Asia-Pacific Solar Water Heaters Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Solar Water Heaters Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.3. Asia-Pacific Solar Water Heaters Market, Segmentation By Collector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.4. Asia-Pacific Solar Water Heaters Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

9. China Solar Water Heaters Market

9.1. China Solar Water Heaters Market Overview

9.2. China Solar Water Heaters Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.3. China Solar Water Heaters Market, Segmentation By Collector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.4. China Solar Water Heaters Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

10. India Solar Water Heaters Market

10.1. India Solar Water Heaters Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.2. India Solar Water Heaters Market, Segmentation By Collector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.3. India Solar Water Heaters Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11. Japan Solar Water Heaters Market

11.1. Japan Solar Water Heaters Market Overview

11.2. Japan Solar Water Heaters Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.3. Japan Solar Water Heaters Market, Segmentation By Collector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.4. Japan Solar Water Heaters Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12. Australia Solar Water Heaters Market

12.1. Australia Solar Water Heaters Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.2. Australia Solar Water Heaters Market, Segmentation By Collector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.3. Australia Solar Water Heaters Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13. Indonesia Solar Water Heaters Market

13.1. Indonesia Solar Water Heaters Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.2. Indonesia Solar Water Heaters Market, Segmentation By Collector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.3. Indonesia Solar Water Heaters Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14. South Korea Solar Water Heaters Market

14.1. South Korea Solar Water Heaters Market Overview

14.2. South Korea Solar Water Heaters Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.3. South Korea Solar Water Heaters Market, Segmentation By Collector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.4. South Korea Solar Water Heaters Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15. Western Europe Solar Water Heaters Market

15.1. Western Europe Solar Water Heaters Market Overview

15.2. Western Europe Solar Water Heaters Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.3. Western Europe Solar Water Heaters Market, Segmentation By Collector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.4. Western Europe Solar Water Heaters Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16. UK Solar Water Heaters Market

16.1. UK Solar Water Heaters Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.2. UK Solar Water Heaters Market, Segmentation By Collector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.3. UK Solar Water Heaters Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17. Germany Solar Water Heaters Market

17.1. Germany Solar Water Heaters Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.2. Germany Solar Water Heaters Market, Segmentation By Collector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.3. Germany Solar Water Heaters Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18. France Solar Water Heaters Market

18.1. France Solar Water Heaters Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.2. France Solar Water Heaters Market, Segmentation By Collector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.3. France Solar Water Heaters Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19. Italy Solar Water Heaters Market

19.1. Italy Solar Water Heaters Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.2. Italy Solar Water Heaters Market, Segmentation By Collector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.3. Italy Solar Water Heaters Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20. Spain Solar Water Heaters Market

20.1. Spain Solar Water Heaters Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.2. Spain Solar Water Heaters Market, Segmentation By Collector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.3. Spain Solar Water Heaters Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21. Eastern Europe Solar Water Heaters Market

21.1. Eastern Europe Solar Water Heaters Market Overview

21.2. Eastern Europe Solar Water Heaters Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.3. Eastern Europe Solar Water Heaters Market, Segmentation By Collector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.4. Eastern Europe Solar Water Heaters Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22. Russia Solar Water Heaters Market

22.1. Russia Solar Water Heaters Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.2. Russia Solar Water Heaters Market, Segmentation By Collector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.3. Russia Solar Water Heaters Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23. North America Solar Water Heaters Market

23.1. North America Solar Water Heaters Market Overview

23.2. North America Solar Water Heaters Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.3. North America Solar Water Heaters Market, Segmentation By Collector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.4. North America Solar Water Heaters Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24. USA Solar Water Heaters Market

24.1. USA Solar Water Heaters Market Overview

24.2. USA Solar Water Heaters Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.3. USA Solar Water Heaters Market, Segmentation By Collector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.4. USA Solar Water Heaters Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25. Canada Solar Water Heaters Market

25.1. Canada Solar Water Heaters Market Overview

25.2. Canada Solar Water Heaters Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.3. Canada Solar Water Heaters Market, Segmentation By Collector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.4. Canada Solar Water Heaters Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26. South America Solar Water Heaters Market

26.1. South America Solar Water Heaters Market Overview

26.2. South America Solar Water Heaters Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.3. South America Solar Water Heaters Market, Segmentation By Collector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.4. South America Solar Water Heaters Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27. Brazil Solar Water Heaters Market

27.1. Brazil Solar Water Heaters Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.2. Brazil Solar Water Heaters Market, Segmentation By Collector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.3. Brazil Solar Water Heaters Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28. Middle East Solar Water Heaters Market

28.1. Middle East Solar Water Heaters Market Overview

28.2. Middle East Solar Water Heaters Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.3. Middle East Solar Water Heaters Market, Segmentation By Collector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.4. Middle East Solar Water Heaters Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29. Africa Solar Water Heaters Market

29.1. Africa Solar Water Heaters Market Overview

29.2. Africa Solar Water Heaters Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.3. Africa Solar Water Heaters Market, Segmentation By Collector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.4. Africa Solar Water Heaters Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

30. Solar Water Heaters Market Competitive Landscape And Company Profiles

30.1. Solar Water Heaters Market Competitive Landscape

30.2. Solar Water Heaters Market Company Profiles

30.2.1. Robert Bosch GmbH Overview, Products and Services, Strategy and Financial Analysis

30.2.2. Hubbell Incorporated Overview, Products and Services, Strategy and Financial Analysis

30.2.3. Viessmann Manufacturing Overview, Products and Services, Strategy and Financial Analysis

30.2.4. Ariston Group Overview, Products and Services, Strategy and Financial Analysis

30.2.5. Rheem Manufacturing Company Overview, Products and Services, Strategy and Financial Analysis

31. Solar Water Heaters Market Other Major And Innovative Companies

31.1. Stiebel Eltron Inc.

31.2. Tata Power Solar Systems Limited

31.3. V-Guard Industries Ltd.

31.4. Bradford White Corporation

31.5. Himin Solar Energy Group

31.6. Photon Energy Systems Ltd.

31.7. A. O. Smith

31.8. Central Electronics Limited

31.9. Alternate Energy Technologies LLC

31.10. Kodsan Isi Teknolojileri

31.11. SunEarth Inc.

31.12. Apricus Solar Co. Ltd.

31.13. Jupiter Solar Power Limited

31.14. SunTank

31.15. Solav Energy

32. Global Solar Water Heaters Market Competitive Benchmarking And Dashboard

33. Key Mergers And Acquisitions In The Solar Water Heaters Market

34. Recent Developments In The Solar Water Heaters Market

35. Solar Water Heaters Market High Potential Countries, Segments and Strategies

35.1 Solar Water Heaters Market In 2029 - Countries Offering Most New Opportunities

35.2 Solar Water Heaters Market In 2029 - Segments Offering Most New Opportunities

35.3 Solar Water Heaters Market In 2029 - Growth Strategies

35.3.1 Market Trend Based Strategies

35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations

36.2. Currencies

36.3. Historic And Forecast Inflation Rates

36.4. Research Inquiries

36.5. The Business Research Company

36.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2019-2024, $ Billion
  • Table 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion
  • Table 3: Global Solar Water Heaters Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 4: Global Solar Water Heaters Market, Segmentation By Collector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 5: Global Solar Water Heaters Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 6: Global Solar Water Heaters Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 7: Global Solar Water Heaters Market, Sub-Segmentation Of Thermosiphon, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 8: Global Solar Water Heaters Market, Sub-Segmentation Of Pumped, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 9: Global Solar Water Heaters Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 10: Global Solar Water Heaters Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 11: Asia-Pacific, Solar Water Heaters Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 12: Asia-Pacific, Solar Water Heaters Market, Segmentation By Collector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 13: Asia-Pacific, Solar Water Heaters Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 14: China, Solar Water Heaters Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 15: China, Solar Water Heaters Market, Segmentation By Collector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 16: China, Solar Water Heaters Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 17: India, Solar Water Heaters Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 18: India, Solar Water Heaters Market, Segmentation By Collector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 19: India, Solar Water Heaters Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 20: Japan, Solar Water Heaters Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 21: Japan, Solar Water Heaters Market, Segmentation By Collector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 22: Japan, Solar Water Heaters Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 23: Australia, Solar Water Heaters Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 24: Australia, Solar Water Heaters Market, Segmentation By Collector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 25: Australia, Solar Water Heaters Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 26: Indonesia, Solar Water Heaters Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 27: Indonesia, Solar Water Heaters Market, Segmentation By Collector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 28: Indonesia, Solar Water Heaters Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 29: South Korea, Solar Water Heaters Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 30: South Korea, Solar Water Heaters Market, Segmentation By Collector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 31: South Korea, Solar Water Heaters Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 32: Western Europe, Solar Water Heaters Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 33: Western Europe, Solar Water Heaters Market, Segmentation By Collector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 34: Western Europe, Solar Water Heaters Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 35: UK, Solar Water Heaters Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 36: UK, Solar Water Heaters Market, Segmentation By Collector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 37: UK, Solar Water Heaters Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 38: Germany, Solar Water Heaters Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 39: Germany, Solar Water Heaters Market, Segmentation By Collector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 40: Germany, Solar Water Heaters Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 41: France, Solar Water Heaters Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 42: France, Solar Water Heaters Market, Segmentation By Collector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 43: France, Solar Water Heaters Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 44: Italy, Solar Water Heaters Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 45: Italy, Solar Water Heaters Market, Segmentation By Collector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 46: Italy, Solar Water Heaters Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 47: Spain, Solar Water Heaters Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 48: Spain, Solar Water Heaters Market, Segmentation By Collector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 49: Spain, Solar Water Heaters Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 50: Eastern Europe, Solar Water Heaters Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 51: Eastern Europe, Solar Water Heaters Market, Segmentation By Collector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 52: Eastern Europe, Solar Water Heaters Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 53: Russia, Solar Water Heaters Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 54: Russia, Solar Water Heaters Market, Segmentation By Collector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 55: Russia, Solar Water Heaters Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 56: North America, Solar Water Heaters Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 57: North America, Solar Water Heaters Market, Segmentation By Collector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 58: North America, Solar Water Heaters Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 59: USA, Solar Water Heaters Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 60: USA, Solar Water Heaters Market, Segmentation By Collector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 61: USA, Solar Water Heaters Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 62: Canada, Solar Water Heaters Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 63: Canada, Solar Water Heaters Market, Segmentation By Collector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 64: Canada, Solar Water Heaters Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 65: South America, Solar Water Heaters Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 66: South America, Solar Water Heaters Market, Segmentation By Collector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 67: South America, Solar Water Heaters Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 68: Brazil, Solar Water Heaters Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 69: Brazil, Solar Water Heaters Market, Segmentation By Collector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 70: Brazil, Solar Water Heaters Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 71: Middle East, Solar Water Heaters Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 72: Middle East, Solar Water Heaters Market, Segmentation By Collector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 73: Middle East, Solar Water Heaters Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 74: Africa, Solar Water Heaters Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 75: Africa, Solar Water Heaters Market, Segmentation By Collector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 76: Africa, Solar Water Heaters Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 77: Robert Bosch GmbH Financial Performance
  • Table 78: Hubbell Incorporated Financial Performance
  • Table 79: Viessmann Manufacturing Financial Performance
  • Table 80: Ariston Group Financial Performance
  • Table 81: Rheem Manufacturing Company Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2019-2024, $ Billion
  • Figure 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion
  • Figure 3: Global Solar Water Heaters Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 4: Global Solar Water Heaters Market, Segmentation By Collector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 5: Global Solar Water Heaters Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 6: Global Solar Water Heaters Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 7: Global Solar Water Heaters Market, Sub-Segmentation Of Thermosiphon, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 8: Global Solar Water Heaters Market, Sub-Segmentation Of Pumped, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 9: Global Solar Water Heaters Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 10: Global Solar Water Heaters Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 11: Asia-Pacific, Solar Water Heaters Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 12: Asia-Pacific, Solar Water Heaters Market, Segmentation By Collector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 13: Asia-Pacific, Solar Water Heaters Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 14: China, Solar Water Heaters Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 15: China, Solar Water Heaters Market, Segmentation By Collector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 16: China, Solar Water Heaters Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 17: India, Solar Water Heaters Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 18: India, Solar Water Heaters Market, Segmentation By Collector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 19: India, Solar Water Heaters Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 20: Japan, Solar Water Heaters Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 21: Japan, Solar Water Heaters Market, Segmentation By Collector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 22: Japan, Solar Water Heaters Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 23: Australia, Solar Water Heaters Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 24: Australia, Solar Water Heaters Market, Segmentation By Collector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 25: Australia, Solar Water Heaters Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 26: Indonesia, Solar Water Heaters Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 27: Indonesia, Solar Water Heaters Market, Segmentation By Collector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 28: Indonesia, Solar Water Heaters Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 29: South Korea, Solar Water Heaters Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 30: South Korea, Solar Water Heaters Market, Segmentation By Collector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 31: South Korea, Solar Water Heaters Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 32: Western Europe, Solar Water Heaters Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 33: Western Europe, Solar Water Heaters Market, Segmentation By Collector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 34: Western Europe, Solar Water Heaters Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 35: UK, Solar Water Heaters Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 36: UK, Solar Water Heaters Market, Segmentation By Collector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 37: UK, Solar Water Heaters Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 38: Germany, Solar Water Heaters Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 39: Germany, Solar Water Heaters Market, Segmentation By Collector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 40: Germany, Solar Water Heaters Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 41: France, Solar Water Heaters Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 42: France, Solar Water Heaters Market, Segmentation By Collector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 43: France, Solar Water Heaters Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 44: Italy, Solar Water Heaters Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 45: Italy, Solar Water Heaters Market, Segmentation By Collector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 46: Italy, Solar Water Heaters Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 47: Spain, Solar Water Heaters Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 48: Spain, Solar Water Heaters Market, Segmentation By Collector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 49: Spain, Solar Water Heaters Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 50: Eastern Europe, Solar Water Heaters Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 51: Eastern Europe, Solar Water Heaters Market, Segmentation By Collector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 52: Eastern Europe, Solar Water Heaters Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 53: Russia, Solar Water Heaters Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 54: Russia, Solar Water Heaters Market, Segmentation By Collector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 55: Russia, Solar Water Heaters Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 56: North America, Solar Water Heaters Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 57: North America, Solar Water Heaters Market, Segmentation By Collector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 58: North America, Solar Water Heaters Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 59: USA, Solar Water Heaters Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 60: USA, Solar Water Heaters Market, Segmentation By Collector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 61: USA, Solar Water Heaters Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 62: Canada, Solar Water Heaters Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 63: Canada, Solar Water Heaters Market, Segmentation By Collector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 64: Canada, Solar Water Heaters Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 65: South America, Solar Water Heaters Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 66: South America, Solar Water Heaters Market, Segmentation By Collector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 67: South America, Solar Water Heaters Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 68: Brazil, Solar Water Heaters Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 69: Brazil, Solar Water Heaters Market, Segmentation By Collector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 70: Brazil, Solar Water Heaters Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 71: Middle East, Solar Water Heaters Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 72: Middle East, Solar Water Heaters Market, Segmentation By Collector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 73: Middle East, Solar Water Heaters Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 74: Africa, Solar Water Heaters Market, Segmentation By System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 75: Africa, Solar Water Heaters Market, Segmentation By Collector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 76: Africa, Solar Water Heaters Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 77: Robert Bosch GmbH Financial Performance
  • Figure 78: Hubbell Incorporated Financial Performance
  • Figure 79: Viessmann Manufacturing Financial Performance
  • Figure 80: Ariston Group Financial Performance
  • Figure 81: Rheem Manufacturing Company Financial Performance

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Frequently Asked Questions

Solar water heaters are systems that utilize solar energy to heat water for domestic, commercial, and industrial use. They typically consist of solar thermal collectors and a storage tank, efficiently converting sunlight into heat to provide hot water. These systems reduce the reliance on traditional energy sources, lowering energy costs and decreasing greenhouse gas emissions. For further insights on this market, request a sample here

The market major growth driver - Solar Water Heaters Gain Momentum Amidst Soaring Energy Costs. For further insights on this market, request a sample here

The solar water heaters market size has grown strongly in recent years. It will grow from $4.63 billion in 2024 to $4.95 billion in 2025 at a compound annual growth rate (CAGR) of 6.9%. The growth in the historic period can be attributed to rising energy prices and volatility in fossil fuel markets, increasing focus on energy independence and security, growing consumer preference for sustainable and eco-friendly solutions. The solar water heaters market size is expected to see strong growth in the next few years. It will grow to $6.38 billion in 2029 at a compound annual growth rate (CAGR) of 6.5%. The growth in the forecast period can be attributed to rising demand for off-grid and decentralized energy solutions, increasing adoption of hybrid solar water heating systems, continuation of government incentives and policies favoring renewable energy. Major trends in the forecast period include adoption of predictive analytics and artificial intelligence for system optimization, emergence of new business models focused on energy-as-a-service and performance contracting, development of standards and certifications to ensure product quality and safety, collaborative partnerships between manufacturers and utilities to promote solar water heating. For further insights on this market, request a sample here

The solar water heaters market covered in this report is segmented –
1) By System: Thermosiphon, Pumped
2) By Collector: Evacuated Tube Collector, Flat Plate Collector, Unglazed Water Collector
3) By Capacity: 100 L, 150 Liter, 200 Liter, Other Capacity
4) By Application: Residential, Commercial, Industrial Subsegments:
1) By Thermosiphon: Direct Thermosiphon Systems, Indirect Thermosiphon Systems
2) By Pumped: Active Pumped Systems, Passive Pumped Systems For further insights on this market, request a sample here

North America was the largest region in the solar water heaters market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the solar water heaters market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on this market, request a sample here.

Major companies operating in the solar water heaters market are Robert Bosch GmbH, Hubbell Incorporated, Viessmann Manufacturing, Ariston Group, Rheem Manufacturing Company, Stiebel Eltron Inc., Tata Power Solar Systems Limited, V-Guard Industries Ltd., Bradford White Corporation, Himin Solar Energy Group, Photon Energy Systems Ltd., A. O. Smith, Central Electronics Limited, Alternate Energy Technologies LLC, Kodsan Isı Teknolojileri, SunEarth Inc., Apricus Solar Co. Ltd., Jupiter Solar Power Limited, SunTank, Solav Energy, Ferroli S.p.A., FAFCO Inc., Wagner & Co Solartechnik GmbH, Chemtrols Solar Pvt. Ltd., Nihon Itomic Co. Ltd.. For further insights on this market, request a sample here.

Major trends in this market include Panasonic's Eco Cute Paves The Way For Sustainable Living Through Solar Water Heating. For further insights on this market, request a sample here.

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Global Solar Water Heaters Market Report 2025

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