Global Residential Solar Water Heaters Market Growth 2025-2031
Description
The global Residential Solar Water Heaters market size is predicted to grow from US$ 3038 million in 2025 to US$ 4442 million in 2031; it is expected to grow at a CAGR of 6.5% 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.
China has implemented the Renewable Energy Law since 2006, in which Article 4 clearly states that, the State gives first priority to the exploration of renewable energy. Over the years, various departments of the Chinese government have successively issued a large number of policies, covering production, sales, taxation, subsidies and other aspects. After setting the carbon neutrality goal in 2021, from a national perspective, the upgrading of the energy structure is ever imperative, and therefore the optoelectronic industry has great potential. The European Commission released the Net-Zero Industry Act in 2023. This bill aims to stimulate local manufacturing in Europe, reduce import dependence on China, and ensure that at least 40% of the EU"s clean energy demand can be met by 2030. The EU targets an installed solar capacity of 600 GW. Overall, the European market still has a lot of room for development. US 2022 release of the Inflation Reduction Act, which includes $369 billion for energy security and climate change investments. For the photovoltaic industry, the bill stimulates its development from multiple aspects such as corporate and individual tax credits, production subsidies, and loans throughout the industry chain, and revitalizes the domestic manufacturing industry in the United States. Japanese authorities plan to make solar panels mandatory for new residential buildings in Tokyo from 2025 onwards. It is estimated that by 2030, photovoltaic power generation will account for 14%-16% of Japan"s total power generation, and the cumulative installed capacity of photovoltaic systems will be about 117.352 GW.
LP Information, Inc. (LPI) ' newest research report, the “Residential Solar Water Heaters Industry Forecast” looks at past sales and reviews total world Residential Solar Water Heaters sales in 2024, providing a comprehensive analysis by region and market sector of projected Residential Solar Water Heaters sales for 2025 through 2031. With Residential Solar Water Heaters sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ 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:
Evacuated Tube Collector
Flat Plate Collector
Unglazed Water Collector
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.
A.O. Smith
Alternate Energy
Rheem Manufacturing
Viessmann
V-Guard
Racold
SunTank
Chromagen
HiminSolar
Wagner Solar
Bradford White
EMMVEE Solar
Bosch Thermotechnology
Rinnai
Linuo Ritter
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.
China has implemented the Renewable Energy Law since 2006, in which Article 4 clearly states that, the State gives first priority to the exploration of renewable energy. Over the years, various departments of the Chinese government have successively issued a large number of policies, covering production, sales, taxation, subsidies and other aspects. After setting the carbon neutrality goal in 2021, from a national perspective, the upgrading of the energy structure is ever imperative, and therefore the optoelectronic industry has great potential. The European Commission released the Net-Zero Industry Act in 2023. This bill aims to stimulate local manufacturing in Europe, reduce import dependence on China, and ensure that at least 40% of the EU"s clean energy demand can be met by 2030. The EU targets an installed solar capacity of 600 GW. Overall, the European market still has a lot of room for development. US 2022 release of the Inflation Reduction Act, which includes $369 billion for energy security and climate change investments. For the photovoltaic industry, the bill stimulates its development from multiple aspects such as corporate and individual tax credits, production subsidies, and loans throughout the industry chain, and revitalizes the domestic manufacturing industry in the United States. Japanese authorities plan to make solar panels mandatory for new residential buildings in Tokyo from 2025 onwards. It is estimated that by 2030, photovoltaic power generation will account for 14%-16% of Japan"s total power generation, and the cumulative installed capacity of photovoltaic systems will be about 117.352 GW.
LP Information, Inc. (LPI) ' newest research report, the “Residential Solar Water Heaters Industry Forecast” looks at past sales and reviews total world Residential Solar Water Heaters sales in 2024, providing a comprehensive analysis by region and market sector of projected Residential Solar Water Heaters sales for 2025 through 2031. With Residential Solar Water Heaters sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ 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:
Evacuated Tube Collector
Flat Plate Collector
Unglazed Water Collector
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.
A.O. Smith
Alternate Energy
Rheem Manufacturing
Viessmann
V-Guard
Racold
SunTank
Chromagen
HiminSolar
Wagner Solar
Bradford White
EMMVEE Solar
Bosch Thermotechnology
Rinnai
Linuo Ritter
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
112 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
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