Global Solar Water Heater Market Research Report, Competitive, Technology and Forecast Analysis 2025-2032
Description
Market Overview
According to DIResearch＇s in-depth investigation and research, the global Solar Water Heater market size will reach 3,796.81 Million USD in 2025 and is projected to reach 5,720.32 Million USD by 2032, with a CAGR of 6.03% (2025-2032). Notably, the China Solar Water Heater market has changed rapidly in the past few years. By 2025, China＇s market size is expected to be Million USD, representing approximately % of the global market share.
Research Summary
A solar water heater is a renewable energy system that utilizes solar thermal collectors to harness sunlight and heat water for various residential, commercial, or industrial applications. Typically mounted on rooftops or other suitable locations with access to sunlight, solar water heaters consist of solar collectors (either flat-plate or evacuated tube collectors) that absorb solar radiation and transfer the heat to a fluid (usually water or a heat transfer fluid) circulating through the system. The heated fluid is then stored in an insulated storage tank, where it can be used for domestic hot water needs, space heating, or other thermal applications. Solar water heaters are classified into active and passive systems: active systems use pumps or other mechanical devices to circulate the heat transfer fluid, while passive systems rely on natural circulation driven by gravity or thermosiphon principles. Solar water heaters reduce reliance on conventional energy sources, lower utility bills, and contribute to environmental sustainability by utilizing clean, renewable solar energy to meet heating demands.
The major global manufacturers of Solar Water Heater include A.O.Smith, Rheem, Ariston Thermo, Whirlpool, Nihon Itomic, Simens, TATA Power Solar Systems, Bosch, Racold Thermo, Ferroli, Chemtrols, Stiebel Eltron, Eldominvest, Hubbell, State Industries, Sakura, etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.
This report studies the market size, price trends and future development prospects of Solar Water Heater. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Solar Water Heater market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.
The regions and countries in the report include US, Germany, Japan, China, France, UK, South Korea, Canada, Italy, Russia, Mexico, Brazil, India, Vietnam, Thailand, South Africa and other regions, covering the Solar Water Heater market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Solar Water Heater industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.
The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.
Global Key Manufacturers of Solar Water Heater Include:
A.O.Smith
Rheem
Ariston Thermo
Whirlpool
Nihon Itomic
Simens
TATA Power Solar Systems
Bosch
Racold Thermo
Ferroli
Chemtrols
Stiebel Eltron
Eldominvest
Hubbell
State Industries
Sakura
Solar Water Heater Product Segment Include:
Compact Solar Water Heater
Split Solar Water Heater
Solar Water Heater Product Application Include:
Residential
Commercial
Industrial
Chapter Scope
Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trend
Chapter 2: Global Solar Water Heater Industry PESTEL Analysis
Chapter 3: Global Solar Water Heater Industry Porter's Five Forces Analysis
Chapter 4: Global Solar Water Heater Major Regional Market Size (Sales, Revenue, Price) and Forecast Analysis
Chapter 5: Global Solar Water Heater Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)
Chapter 6: Global Solar Water Heater Sales, Revenue, Price and Forecast by Product Type
Chapter 7: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)
Chapter 8: Industrial Chain Analysis, Solar Water Heater Different Application Market Analysis (Sales and Revenue), Sales Channel Analysis
Chapter 9: Research Findings and Conclusion
Chapter 10: Methodology and Data Sources
According to DIResearch＇s in-depth investigation and research, the global Solar Water Heater market size will reach 3,796.81 Million USD in 2025 and is projected to reach 5,720.32 Million USD by 2032, with a CAGR of 6.03% (2025-2032). Notably, the China Solar Water Heater market has changed rapidly in the past few years. By 2025, China＇s market size is expected to be Million USD, representing approximately % of the global market share.
Research Summary
A solar water heater is a renewable energy system that utilizes solar thermal collectors to harness sunlight and heat water for various residential, commercial, or industrial applications. Typically mounted on rooftops or other suitable locations with access to sunlight, solar water heaters consist of solar collectors (either flat-plate or evacuated tube collectors) that absorb solar radiation and transfer the heat to a fluid (usually water or a heat transfer fluid) circulating through the system. The heated fluid is then stored in an insulated storage tank, where it can be used for domestic hot water needs, space heating, or other thermal applications. Solar water heaters are classified into active and passive systems: active systems use pumps or other mechanical devices to circulate the heat transfer fluid, while passive systems rely on natural circulation driven by gravity or thermosiphon principles. Solar water heaters reduce reliance on conventional energy sources, lower utility bills, and contribute to environmental sustainability by utilizing clean, renewable solar energy to meet heating demands.
The major global manufacturers of Solar Water Heater include A.O.Smith, Rheem, Ariston Thermo, Whirlpool, Nihon Itomic, Simens, TATA Power Solar Systems, Bosch, Racold Thermo, Ferroli, Chemtrols, Stiebel Eltron, Eldominvest, Hubbell, State Industries, Sakura, etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.
This report studies the market size, price trends and future development prospects of Solar Water Heater. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Solar Water Heater market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.
The regions and countries in the report include US, Germany, Japan, China, France, UK, South Korea, Canada, Italy, Russia, Mexico, Brazil, India, Vietnam, Thailand, South Africa and other regions, covering the Solar Water Heater market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Solar Water Heater industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.
The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.
Global Key Manufacturers of Solar Water Heater Include:
A.O.Smith
Rheem
Ariston Thermo
Whirlpool
Nihon Itomic
Simens
TATA Power Solar Systems
Bosch
Racold Thermo
Ferroli
Chemtrols
Stiebel Eltron
Eldominvest
Hubbell
State Industries
Sakura
Solar Water Heater Product Segment Include:
Compact Solar Water Heater
Split Solar Water Heater
Solar Water Heater Product Application Include:
Residential
Commercial
Industrial
Chapter Scope
Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trend
Chapter 2: Global Solar Water Heater Industry PESTEL Analysis
Chapter 3: Global Solar Water Heater Industry Porter's Five Forces Analysis
Chapter 4: Global Solar Water Heater Major Regional Market Size (Sales, Revenue, Price) and Forecast Analysis
Chapter 5: Global Solar Water Heater Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)
Chapter 6: Global Solar Water Heater Sales, Revenue, Price and Forecast by Product Type
Chapter 7: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)
Chapter 8: Industrial Chain Analysis, Solar Water Heater Different Application Market Analysis (Sales and Revenue), Sales Channel Analysis
Chapter 9: Research Findings and Conclusion
Chapter 10: Methodology and Data Sources
Table of Contents
165 Pages
- 1 Solar Water Heater Market Overview
- 1.1 Product Definition and Statistical Scope
- 1.2 Solar Water Heater Product by Type
- 1.2.1 Compact Solar Water Heater
- 1.2.2 Split Solar Water Heater
- 1.3 Solar Water Heater Product by Application
- 1.3.1 Residential
- 1.3.2 Commercial
- 1.3.3 Industrial
- 1.4 Global Solar Water Heater Market Revenue and Sales Analysis
- 1.4.1 Global Solar Water Heater Revenue Market Size Analysis (2020-2032)
- 1.4.2 Global Solar Water Heater Sales Market Size Analysis (2020-2032)
- 1.4.3 Global Solar Water Heater Market Sales Price Trend Analysis (2020-2032)
- 1.5 Solar Water Heater Market Development Status and Trends
- 1.5.1 Solar Water Heater Industry Development Status Analysis
- 1.5.2 Solar Water Heater Industry Development Trends Analysis
- 2 Solar Water Heater Market PESTEL Analysis
- 2.1 Political Factors Analysis
- 2.2 Economic Factors Analysis
- 2.3 Social Factors Analysis
- 2.4 Technological Factors Analysis
- 2.5 Environmental Factors Analysis
- 2.6 Legal Factors Analysis
- 3 Solar Water Heater Market Porter's Five Forces Analysis
- 3.1 Competitive Rivalry
- 3.2 Threat of New Entrants
- 3.3 Bargaining Power of Suppliers
- 3.4 Bargaining Power of Buyers
- 3.5 Threat of Substitutes
- 4 Global Solar Water Heater Market Analysis by Country
- 4.1 Global Solar Water Heater Market Size Analysis by Country: 2024 VS 2025 VS 2032
- 4.1.1 Global Solar Water Heater Revenue and Market Share by Country (2020-2025)
- 4.1.2 Global Solar Water Heater Revenue and Market Share Forecast by Country (2026-2032)
- 4.2 Global Solar Water Heater Sales Analysis by Country: 2024 VS 2025 VS 2032
- 4.2.1 Global Solar Water Heater Sales and Market Share by Country (2020-2025)
- 4.2.2 Global Solar Water Heater Sales and Market Share Forecast by Country (2026-2032)
- 4.3 United States Solar Water Heater Market Sales, Revenue and Growth Rate (2020-2032)
- 4.4 Germany Solar Water Heater Market Sales, Revenue and Growth Rate (2020-2032)
- 4.5 Japan Solar Water Heater Market Sales, Revenue and Growth Rate (2020-2032)
- 4.6 China Solar Water Heater Market Sales, Revenue and Growth Rate (2020-2032)
- 4.7 France Solar Water Heater Market Sales, Revenue and Growth Rate (2020-2032)
- 4.8 U.K. Solar Water Heater Market Sales, Revenue and Growth Rate (2020-2032)
- 4.9 South Korea Solar Water Heater Market Sales, Revenue and Growth Rate (2020-2032)
- 4.10 Canada Solar Water Heater Market Sales, Revenue and Growth Rate (2020-2032)
- 4.11 Italy Solar Water Heater Market Sales, Revenue and Growth Rate (2020-2032)
- 4.12 Russia Solar Water Heater Market Sales, Revenue and Growth Rate (2020-2032)
- 4.13 Mexico Solar Water Heater Market Sales, Revenue and Growth Rate (2020-2032)
- 4.14 Brazil Solar Water Heater Market Sales, Revenue and Growth Rate (2020-2032)
- 4.15 India Solar Water Heater Market Sales, Revenue and Growth Rate (2020-2032)
- 4.16 Vietnam Solar Water Heater Market Sales, Revenue and Growth Rate (2020-2032)
- 4.17 Thailand Solar Water Heater Market Sales, Revenue and Growth Rate (2020-2032)
- 4.18 South Africa Solar Water Heater Market Sales, Revenue and Growth Rate (2020-2032)
- 5 Competition by Manufacturers
- 5.1 Global Solar Water Heater Market Sales, Revenue and Sales Price by Key Manufacturers (2021-2025)
- 5.1.1 Global Solar Water Heater Market Sales by Key Manufacturers (2021-2025)
- 5.1.2 Global Solar Water Heater Market Revenue by Key Manufacturers (2021-2025)
- 5.1.3 Global Solar Water Heater Average Sales Price by Manufacturers (2021-2025)
- 5.2 Solar Water Heater Competitive Landscape Analysis and Market Dynamic
- 5.2.1 Solar Water Heater Competitive Landscape Analysis
- 5.2.2 Global Key Manufacturers Headquarter and Key Area Sales
- 5.2.3 Market Dynamic
- 6 Solar Water Heater Market Analysis by Type
- 6.1 Global Solar Water Heater Market Revenue Analysis by Type
- 6.1.1 Global Solar Water Heater Market Size Analysis by Type: 2024 & 2025 & 2032
- 6.1.2 Global Solar Water Heater Revenue and Forecast Analysis by Type (2020-2032)
- 6.2 Global Solar Water Heater Sales and Forecast Analysis by Type (2020-2032)
- 6.3 Global Solar Water Heater Sales Price Trend Analysis by Type (2020-2032)
- 7 Key Companies Analysis
- 7.1 A.O.Smith
- 7.1.1 A.O.Smith Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.1.2 A.O.Smith Solar Water Heater Product Portfolio
- 7.1.3 A.O.Smith Solar Water Heater Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.2 Rheem
- 7.2.1 Rheem Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.2.2 Rheem Solar Water Heater Product Portfolio
- 7.2.3 Rheem Solar Water Heater Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.3 Ariston Thermo
- 7.3.1 Ariston Thermo Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.3.2 Ariston Thermo Solar Water Heater Product Portfolio
- 7.3.3 Ariston Thermo Solar Water Heater Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.4 Whirlpool
- 7.4.1 Whirlpool Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.4.2 Whirlpool Solar Water Heater Product Portfolio
- 7.4.3 Whirlpool Solar Water Heater Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.5 Nihon Itomic
- 7.5.1 Nihon Itomic Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.5.2 Nihon Itomic Solar Water Heater Product Portfolio
- 7.5.3 Nihon Itomic Solar Water Heater Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.6 Simens
- 7.6.1 Simens Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.6.2 Simens Solar Water Heater Product Portfolio
- 7.6.3 Simens Solar Water Heater Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.7 TATA Power Solar Systems
- 7.7.1 TATA Power Solar Systems Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.7.2 TATA Power Solar Systems Solar Water Heater Product Portfolio
- 7.7.3 TATA Power Solar Systems Solar Water Heater Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.8 Bosch
- 7.8.1 Bosch Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.8.2 Bosch Solar Water Heater Product Portfolio
- 7.8.3 Bosch Solar Water Heater Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.9 Racold Thermo
- 7.9.1 Racold Thermo Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.9.2 Racold Thermo Solar Water Heater Product Portfolio
- 7.9.3 Racold Thermo Solar Water Heater Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.10 Ferroli
- 7.10.1 Ferroli Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.10.2 Ferroli Solar Water Heater Product Portfolio
- 7.10.3 Ferroli Solar Water Heater Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.11 Chemtrols
- 7.11.1 Chemtrols Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.11.2 Chemtrols Solar Water Heater Product Portfolio
- 7.11.3 Chemtrols Solar
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