Global Residential Solar Water Heaters Market Growth 2025-2031
Description
The global Residential Solar Water Heaters market size is predicted to grow from US$ 2641 million in 2025 to US$ 3371 million in 2031; it is expected to grow at a CAGR of 4.1% from 2025 to 2031.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
Residential solar water heaters are systems that convert solar energy into thermal energy for water heating purposes in homes. They typically consist of a collector, storage tank, control system, and piping system. The collector absorbs solar radiation and converts it into heat, which is then stored in the storage tank for daily household use. The control system regulates the system's operation to maintain a stable water temperature by sensing temperature variations.
Residential solar water heaters come in various types, primarily classified by their working principles into active and passive systems. Active systems use pumps to circulate water through the collector for heating, while passive systems rely on natural convection without the need for additional energy input. Depending on the type of collector, residential solar water heaters are categorized into flat-plate collectors and evacuated tube collectors. Flat-plate collectors are cost-effective and suitable for warm climates, while evacuated tube collectors offer higher efficiency, particularly in colder regions.
Moreover, residential solar water heaters can be classified based on their installation method into roof-mounted and ground-mounted systems. Roof-mounted systems are ideal for households with limited space, offering better thermal efficiency, while ground-mounted systems are more suited for homes with ample space, providing easier installation and maintenance. With technological advancements, modern solar water heaters continue to innovate in terms of design and materials, focusing more on system efficiency, environmental sustainability, and integration with smart control systems.
The market for residential solar water heaters is driven by several factors. Rising global energy prices and growing environmental concerns have increased consumer demand for renewable, green energy products. Solar energy, being clean and sustainable, is becoming a key alternative for household water heating needs. Government policy support also plays a crucial role in market development, as many countries and regions offer subsidies and tax incentives to encourage the installation of solar water heaters. Additionally, technological advancements have improved the efficiency and cost-effectiveness of solar water heaters, further promoting market penetration.
However, the market faces several risks. One of the main barriers is the relatively high initial investment cost, which remains a challenge for many consumers. While the long-term energy savings are significant, the upfront purchase and installation expenses can be prohibitive, affecting the adoption rate. Furthermore, the market is relatively concentrated, with a few large companies dominating, which can slow down market competition, price innovation, and technological advancement. Geographical differences also play a critical role in demand. While there is great potential for solar water heaters in sunny regions, demand is lower in colder or cloudy climates.
Recent technological trends in the market include the integration of smart control systems, making solar water heaters more efficient and capable of remote monitoring and operation, improving the overall user experience. Additionally, the design of solar water heaters is becoming more aesthetically pleasing and practical, with smaller sizes and flexible installation options to cater to various housing needs. As consumers continue to prioritize sustainability and energy efficiency, the outlook for solar water heaters in the global market remains promising.
LP Information, Inc. (LPI) ' newest research report, the “Residential Solar Water Heaters Industry Forecast” looks at past sales and reviews total world Residential Solar Water Heaters sales in 2024, providing a comprehensive analysis by region and market sector of projected Residential Solar Water Heaters sales for 2025 through 2031. With Residential Solar Water Heaters sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Residential Solar Water Heaters industry.
This Insight Report provides a comprehensive analysis of the global Residential Solar Water Heaters landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Residential Solar Water Heaters portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Residential Solar Water Heaters market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Residential Solar Water Heaters and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Residential Solar Water Heaters.
This report presents a comprehensive overview, market shares, and growth opportunities of Residential Solar Water Heaters market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Roof Top Solar Water Heater
Split Solar Water Heater
Segmentation by Application:
Project Contractors
Individual Buyers
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Rheem Manufacturing Company
Shandong Sangle Group
Helioakmi S.A.
Himin Solar Energy Group
Sunrain
Jiaxing Jinyi
Sole S.A.
HITEK
Sunpower Solar
SunEarth, Inc.
Viessmann Group
V-Guard Industries Ltd
SunTank
GMO Water Heater
Alternate Energy
Bradford White
Solahart Industries
Key Questions Addressed in this Report
What is the 10-year outlook for the global Residential Solar Water Heaters market?
What factors are driving Residential Solar Water Heaters market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Residential Solar Water Heaters market opportunities vary by end market size?
How does Residential Solar Water Heaters break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
Residential solar water heaters are systems that convert solar energy into thermal energy for water heating purposes in homes. They typically consist of a collector, storage tank, control system, and piping system. The collector absorbs solar radiation and converts it into heat, which is then stored in the storage tank for daily household use. The control system regulates the system's operation to maintain a stable water temperature by sensing temperature variations.
Residential solar water heaters come in various types, primarily classified by their working principles into active and passive systems. Active systems use pumps to circulate water through the collector for heating, while passive systems rely on natural convection without the need for additional energy input. Depending on the type of collector, residential solar water heaters are categorized into flat-plate collectors and evacuated tube collectors. Flat-plate collectors are cost-effective and suitable for warm climates, while evacuated tube collectors offer higher efficiency, particularly in colder regions.
Moreover, residential solar water heaters can be classified based on their installation method into roof-mounted and ground-mounted systems. Roof-mounted systems are ideal for households with limited space, offering better thermal efficiency, while ground-mounted systems are more suited for homes with ample space, providing easier installation and maintenance. With technological advancements, modern solar water heaters continue to innovate in terms of design and materials, focusing more on system efficiency, environmental sustainability, and integration with smart control systems.
The market for residential solar water heaters is driven by several factors. Rising global energy prices and growing environmental concerns have increased consumer demand for renewable, green energy products. Solar energy, being clean and sustainable, is becoming a key alternative for household water heating needs. Government policy support also plays a crucial role in market development, as many countries and regions offer subsidies and tax incentives to encourage the installation of solar water heaters. Additionally, technological advancements have improved the efficiency and cost-effectiveness of solar water heaters, further promoting market penetration.
However, the market faces several risks. One of the main barriers is the relatively high initial investment cost, which remains a challenge for many consumers. While the long-term energy savings are significant, the upfront purchase and installation expenses can be prohibitive, affecting the adoption rate. Furthermore, the market is relatively concentrated, with a few large companies dominating, which can slow down market competition, price innovation, and technological advancement. Geographical differences also play a critical role in demand. While there is great potential for solar water heaters in sunny regions, demand is lower in colder or cloudy climates.
Recent technological trends in the market include the integration of smart control systems, making solar water heaters more efficient and capable of remote monitoring and operation, improving the overall user experience. Additionally, the design of solar water heaters is becoming more aesthetically pleasing and practical, with smaller sizes and flexible installation options to cater to various housing needs. As consumers continue to prioritize sustainability and energy efficiency, the outlook for solar water heaters in the global market remains promising.
LP Information, Inc. (LPI) ' newest research report, the “Residential Solar Water Heaters Industry Forecast” looks at past sales and reviews total world Residential Solar Water Heaters sales in 2024, providing a comprehensive analysis by region and market sector of projected Residential Solar Water Heaters sales for 2025 through 2031. With Residential Solar Water Heaters sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Residential Solar Water Heaters industry.
This Insight Report provides a comprehensive analysis of the global Residential Solar Water Heaters landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Residential Solar Water Heaters portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Residential Solar Water Heaters market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Residential Solar Water Heaters and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Residential Solar Water Heaters.
This report presents a comprehensive overview, market shares, and growth opportunities of Residential Solar Water Heaters market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Roof Top Solar Water Heater
Split Solar Water Heater
Segmentation by Application:
Project Contractors
Individual Buyers
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Rheem Manufacturing Company
Shandong Sangle Group
Helioakmi S.A.
Himin Solar Energy Group
Sunrain
Jiaxing Jinyi
Sole S.A.
HITEK
Sunpower Solar
SunEarth, Inc.
Viessmann Group
V-Guard Industries Ltd
SunTank
GMO Water Heater
Alternate Energy
Bradford White
Solahart Industries
Key Questions Addressed in this Report
What is the 10-year outlook for the global Residential Solar Water Heaters market?
What factors are driving Residential Solar Water Heaters market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Residential Solar Water Heaters market opportunities vary by end market size?
How does Residential Solar Water Heaters break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
130 Pages
- *This is a tentative TOC and the final deliverable is subject to change.*
- 1 Scope of the Report
- 2 Executive Summary
- 3 Global by Company
- 4 World Historic Review for Residential Solar Water Heaters by Geographic Region
- 5 Americas
- 6 APAC
- 7 Europe
- 8 Middle East & Africa
- 9 Market Drivers, Challenges and Trends
- 10 Manufacturing Cost Structure Analysis
- 11 Marketing, Distributors and Customer
- 12 World Forecast Review for Residential Solar Water Heaters by Geographic Region
- 13 Key Players Analysis
- 14 Research Findings and Conclusion
Pricing
Currency Rates
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