Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 5.55 Billion | USD 8.99 Billion | 5.5% | 2023 |
List of Figures
1. Market research process
2. Market research methodology
3. Global Solar Water Heater market, 2016-2026 (USD Million)
4. Porter’s five forces analysis: Solar Water Heater market
5. Global Solar Water Heater market attractiveness, by Type
6. Global Solar Water Heater market attractiveness, by Collector type
7. Global Solar Water Heater market attractiveness, by Application
8. Global Solar Water Heater market revenue share, by Type, 2019 and 2026
9. Global Solar Water Heater market by Pumped, 2016-2026 (USD Million)
10. Global Solar Water Heater market by Thermosyphon, 2016-2026 (USD Million)
11. Global Solar Water Heater market revenue share, by Collector type, 2019 and 2026
12. Global Solar Water Heater market by Evacuated tube collector, 2016-2026 (USD Million)
13. Global Solar Water Heater market by Flat plate collector, 2016-2026 (USD Million)
14. Global Solar Water Heater market by Unglazed collector, 2016-2026 (USD Million)
15. Global Solar Water Heater market revenue share, by Application, 2019 and 2026
16. Global Solar Water Heater market by Residential, 2016-2026 (USD Million)
17. Global Solar Water Heater market by Commercial, 2016-2026 (USD Million)
18. Global Solar Water Heater market by Industrial, 2016-2026 (USD Million)
19. Global Solar Water Heater market by Others, 2016-2026 (USD Million)
20. Global Solar Water Heater market revenue share, by region, 2018 & 2025
21. North America Solar Water Heater market, 2016-2026 (USD Million)
22. Europe Solar Water Heater market, 2016-2026 (USD Million)
23. Asia Pacific Solar Water Heater market, 2016-2026 (USD Million)
24. Latin America Solar Water Heater market, 2016-2026 (USD Million)
25. Middle East & Africa Solar Water Heater market, 2016-2026 (USD Million)
List of Tables
1. Global Solar Water Heater market: snapshot
2. Drivers for Solar Water Heater market: impact analysis
3. Restraints for Solar Water Heater market: impact analysis
4. North America Solar Water Heater market revenue, by country, 2016-2026 (USD Million)
5. North America Solar Water Heater market revenue, by Type, 2016-2026 (USD Million)
6. North America Solar Water Heater market revenue, by Collector type, 2016-2026 (USD Million)
7. North America Solar Water Heater market revenue, by Application, 2016-2026 (USD Million)
8. The U.S. Solar Water Heater market revenue, by Type, 2016-2026 (USD Million)
9. The U.S. Solar Water Heater market revenue, by Collector type, 2016-2026 (USD Million)
10. The U.S. Solar Water Heater market revenue, by Application, 2016-2026 (USD Million)
11. Rest of North America Solar Water Heater market revenue, by Type, 2016-2026 (USD Million)
12. Rest of North America Solar Water Heater market revenue, by Collector type, 2016-2026 (USD Million)
13. Rest of North America Solar Water Heater market revenue, by Application, 2016-2026 (USD Million)
14. Europe Solar Water Heater market revenue, by country, 2016-2026 (USD Million)
15. Europe Solar Water Heater market revenue, by Type, 2016-2026 (USD Million)
16. Europe Solar Water Heater market revenue, by Collector type, 2016-2026 (USD Million)
17. Europe Solar Water Heater market revenue, by Application, 2016-2026 (USD Million)
18. U.K. Solar Water Heater market revenue, by Type, 2016-2026 (USD Million)
19. U.K. Solar Water Heater market revenue, by Collector type, 2016-2026 (USD Million)
20. U.K. Solar Water Heater market revenue, by Application, 2016-2026 (USD Million)
21. France Solar Water Heater market revenue, by Type, 2016-2026 (USD Million)
22. France Solar Water Heater market revenue, by Collector type, 2016-2026 (USD Million)
23. France Solar Water Heater market revenue, by Application, 2016-2026 (USD Million)
24. Germany Solar Water Heater market revenue, by Type, 2016-2026 (USD Million)
25. Germany Solar Water Heater market revenue, by Collector type, 2016-2026 (USD Million)
26. Germany Solar Water Heater market revenue, by Application, 2016-2026 (USD Million)
27. Rest of Europe Solar Water Heater market revenue, by Type, 2016-2026 (USD Million)
28. Rest of Europe Solar Water Heater market revenue, by Collector type, 2016-2026 (USD Million)
29. Rest of Europe Solar Water Heater market revenue, by Application, 2016-2026 (USD Million)
30. Asia Pacific Solar Water Heater market revenue, by country, 2016-2026 (USD Million)
31. Asia Pacific Solar Water Heater market revenue, by Type, 2016-2026 (USD Million)
32. Asia Pacific Solar Water Heater market revenue, by Collector type, 2016-2026 (USD Million)
33. Asia Pacific Solar Water Heater market revenue, by Application, 2016-2026 (USD Million)
34. China Solar Water Heater market revenue, by Type, 2016-2026 (USD Million)
35. China Solar Water Heater market revenue, by Collector type, 2016-2026 (USD Million)
36. China Solar Water Heater market revenue, by Application, 2016-2026 (USD Million)
37. Japan Solar Water Heater market revenue, by Type, 2016-2026 (USD Million)
38. Japan Solar Water Heater market revenue, by Collector type, 2016-2026 (USD Million)
39. Japan Solar Water Heater market revenue, by Application, 2016-2026 (USD Million)
40. India Solar Water Heater market revenue, by Type, 2016-2026 (USD Million)
41. India Solar Water Heater market revenue, by Collector type, 2016-2026 (USD Million)
42. India Solar Water Heater market revenue, by Application, 2016-2026 (USD Million)
43. Rest of Asia Pacific Solar Water Heater market revenue, by Type, 2016-2026 (USD Million)
44. Rest of Asia Pacific Solar Water Heater market revenue, by Collector type, 2016-2026 (USD Million)
45. Rest of Asia Pacific Solar Water Heater market revenue, by Application, 2016-2026 (USD Million)
46. Latin America Solar Water Heater market revenue, by country, 2016-2026 (USD Million)
47. Latin America Solar Water Heater market revenue, by Type, 2016-2026 (USD Million)
48. Latin America Solar Water Heater market revenue, by Collector type, 2016-2026 (USD Million)
49. Latin America Solar Water Heater market revenue, by Application, 2016-2026 (USD Million)
50. Brazil Solar Water Heater market revenue, by Type, 2016-2026 (USD Million)
51. Brazil Solar Water Heater market revenue, by Collector type, 2016-2026 (USD Million)
52. Brazil Solar Water Heater market revenue, by Application, 2016-2026 (USD Million)
53. Rest of Latin America Solar Water Heater market revenue, by Type, 2016-2026 (USD Million)
54. Rest of Latin America Solar Water Heater market revenue, by Collector type, 2016-2026 (USD Million)
55. Rest of Latin America Solar Water Heater market revenue, by Application, 2016-2026 (USD Million)
56. Middle East & Africa Solar Water Heater market revenue, by Type, 2016-2026 (USD Million)
57. Middle East & Africa Solar Water Heater market revenue, by Collector type, 2016-2026 (USD Million)
58. Middle East & Africa Solar Water Heater market revenue, by Application, 2016-2026 (USD Million)
FrequentlyAsked Questions
The Solar Water Heater Market was valued at USD 5.55 Billion in 2023.
The Solar Water Heater Market is expected to reach USD 8.99 Billion by 2032, growing at a CAGR of of 5.5% between 2024 to 2032.
Solar Water Heater Market players such as Azure Power India, Central Electronics, Chemtrols Solar, Emmvee Solar Systems, Euro Multivision, Indosolar, and Jupiter Solar Power. Other key players dominating the global market are Lanco Solar Private, Mahindra Solar One, Moser Baer Photovoltaic, Photon Energy Systems, PLG Power, Surana Ventures, Tata Power Solar Systems, Vikram Solar, Websol Energy System, and XL Energy.
High demand for hot water for commercial and household use of water from hotels, institutions, and hospitals is one of the key market drivers boosting the growth of the global solar water heating market. Rising demand for the solar water heating systems is also impacting the growth of the market in a positive way. Cost-effectiveness and reduced dependence on other fossil fuels are the advantages provided by solar water heating systems. Conversely, lack of consumer awareness act as is one of the market restraints.
The Regional segment includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
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