Global Solar Water Heater Competitive Landscape Professional Research Report 2025

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.

According to DIResearch's in-depth investigation and research, the global Solar Water Heater market size was valued at XX Million USD in 2024 and is projected to reach XX Million USD by 2032, with a CAGR of XX% (2025-2032). Notably, the China market has changed rapidly in the past few years. By 2024, China's market size is expected to be XX Million USD, representing approximately XX% of the global market share. By 2032, it is anticipated to grow further to XX Million USD, contributing XX% to the worldwide market share.

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 North America, Europe, China, APAC (excl. China), Latin America and Middle East and Africa, 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 Trends

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 (Revenue, Sales, Price) and Forecast Analysis

Chapter 5: Global Solar Water Heater Market Size and Forecast by Type and Application Analysis

Chapter 6: North America Solar Water Heater Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 7: Europe Solar Water Heater Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 8: China Solar Water Heater Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 9: APAC (Excl. China) Solar Water Heater Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 10: Latin America Solar Water Heater Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 11: Middle East and Africa Solar Water Heater Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 12: Global Solar Water Heater Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)

Chapter 13: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)

Chapter 14: Industrial Chain Analysis, Include Raw Material Suppliers, Distributors and Customers

Chapter 15: Research Findings and Conclusion

Chapter 16: Methodology and Data Sources


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 Industry Trends and Innovation
1.5.1 Solar Water Heater Industry Trends and Innovation
1.5.2 Solar Water Heater Market Drivers and Challenges
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 Regions
4.1 Solar Water Heater Overall Market: 2024 VS 2025 VS 2032
4.2 Global Solar Water Heater Revenue and Forecast Analysis (2020-2032)
4.2.1 Global Solar Water Heater Revenue and Market Share by Region (2020-2025)
4.2.2 Global Solar Water Heater Revenue and Market Share Forecast by Region (2026-2032)
4.3 Global Solar Water Heater Sales and Forecast Analysis (2020-2032)
4.3.1 Global Solar Water Heater Sales and Market Share by Region (2020-2025)
4.3.2 Global Solar Water Heater Sales and Market Share Forecast by Region (2026-2032)
4.4 Global Solar Water Heater Sales Price Trend Analysis (2020-2032)
5 Global Solar Water Heater Market Size by Type and Application
5.1 Global Solar Water Heater Market Size by Type
5.1.1 Global Solar Water Heater Revenue and Forecast Analysis by Type (2020-2032)
5.1.2 Global Solar Water Heater Sales and Forecast Analysis by Type (2020-2032)
5.2 Global Solar Water Heater Market Size by Application
5.2.1 Global Solar Water Heater Revenue and Forecast Analysis by Application (2020-2032)
5.2.2 Global Solar Water Heater Sales and Forecast Analysis by Application (2020-2032)
6 North America
6.1 North America Solar Water Heater Market Size and Growth Rate Analysis (2020-2032)
6.2 North America Key Manufacturers Analysis
6.3 North America Solar Water Heater Market Size by Type
6.3.1 North America Solar Water Heater Sales by Type (2020-2032)
6.3.2 North America Solar Water Heater Revenue by Type (2020-2032)
6.4 North America Solar Water Heater Market Size by Application
6.4.1 North America Solar Water Heater Sales by Application (2020-2032)
6.4.2 North America Solar Water Heater Revenue by Application (2020-2032)
6.5 North America Solar Water Heater Market Size by Country
6.5.1 US
6.5.2 Canada
7 Europe
7.1 Europe Solar Water Heater Market Size and Growth Rate Analysis (2020-2032)
7.2 Europe Key Manufacturers Analysis
7.3 Europe Solar Water Heater Market Size by Type
7.3.1 Europe Solar Water Heater Sales by Type (2020-2032)
7.3.2 Europe Solar Water Heater Revenue by Type (2020-2032)
7.4 Europe Solar Water Heater Market Size by Application
7.4.1 Europe Solar Water Heater Sales by Application (2020-2032)
7.4.2 Europe Solar Water Heater Revenue by Application (2020-2032)
7.5 Europe Solar Water Heater Market Size by Country
7.5.1 Germany
7.5.2 France
7.5.3 United Kingdom
7.5.4 Italy
7.5.5 Spain
7.5.6 Benelux
8 China
8.1 China Solar Water Heater Market Size and Growth Rate Analysis (2020-2032)
8.2 China Key Manufacturers Analysis
8.3 China Solar Water Heater Market Size by Type
8.3.1 China Solar Water Heater Sales by Type (2020-2032)
8.3.2 China Solar Water Heater Revenue by Type (2020-2032)
8.4 China Solar Water Heater Market Size by Application
8.4.1 China Solar Water Heater Sales by Application (2020-2032)
8.4.2 China Solar Water Heater Revenue by Application (2020-2032)
9 APAC (excl. China)
9.1 APAC (excl. China) Solar Water Heater Market Size and Growth Rate Analysis (2020-2032)
9.2 APAC (excl. China) Key Manufacturers Analysis
9.3 APAC (excl. China) Solar Water Heater Market Size by Type
9.3.1 APAC (excl. China) Solar Water Heater Sales by Type (2020-2032)
9.3.2 APAC (excl. China) Solar Water Heater Revenue by Type (2020-2032)
9.4 APAC (excl. China) Solar Water Heater Market Size by Application
9.4.1 APAC (excl. China) Solar Water Heater Sales by Application (2020-2032)
9.4.2 APAC (excl. China) Solar Water Heater Revenue by Application (2020-2032)
9.5 APAC (excl. China) Solar Water Heater Market Size by Country
9.5.1 Japan
9.5.2 South Korea
9.5.3 India
9.5.4 Australia
9.5.5 Southeast Asia
10 Latin America
10.1 Latin America Solar Water Heater Market Size and Growth Rate Analysis (2020-2032)
10.2 Latin America Key Manufacturers Analysis
10.3 Latin America Solar Water Heater Market Size by Type
10.3.1 Latin America Solar Water Heater Sales by Type (2020-2032)
10.3.2 Latin America Solar Water Heater Revenue by Type (2020-2032)
10.4 Latin America Solar Water Heater Market Size by Application
10.4.1 Latin America Solar Water Heater Sales by Application (2020-2032)
10.4.2 Latin America Solar Water Heater Revenue by Application (2020-2032)
10.5 Latin America Solar Water Heater Market Size by Country
10.6 Latin America Solar Water Heater Market Size by Country
10.6.1 Mexico
10.6.2 Brazil
11 Middle East & Africa
11.1 Middle East & Africa Solar Water Heater Market Size and Growth Rate Analysis (2020-2032)
11.2 Middle East & Africa Key Manufacturers Analysis
11.3 Middle East & Africa Solar Water Heater Market Size by Type
11.3.1 Middle East & Africa Solar Water Heater Sales by Type (2020-2032)
11.3.2 Middle East & Africa Solar Water Heater Revenue by Type (2020-2032)
11.4 Middle East & Africa Solar Water Heater Market Size by Application
11.4.1 Middle East & Africa Solar Water Heater Sales by Application (2020-2032)
11.4.2 Middle East & Africa Solar Water Heater Revenue by Application (2020-2032)
11.5 Middle East Solar Water Heater Market Size by Country
11.5.1 Saudi Arabia
11.5.2 South Africa
12 Competition by Manufacturers
12.1 Global Solar Water Heater Market Sales, Revenue and Price by Key Manufacturers (2021-2025)
12.1.1 Global Solar Water Heater Market Sales by Key Manufacturers (2021-2025)
12.1.2 Global Solar Water Heater Market Revenue by Key Manufacturers (2021-2025)
12.1.3 Global Solar Water Heater Average Sales Price by Manufacturers (2021-2025)
12.2 Solar Water Heater Competitive Landscape Analysis and Market Dynamic
12.2.1 Solar Water Heater Competitive Landscape Analysis
12.2.2 Global Key Manufacturers Headquarter Location and Key Area Sales
12.2.3 Market Dynamic
13 Key Companies Analysis
13.1 A.O.Smith
13.1.1 A.O.Smith Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.1.2 A.O.Smith Solar Water Heater Product Portfolio
13.1.3 A.O.Smith Solar Water Heater Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
13.2 Rheem
13.2.1 Rheem Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.2.2 Rheem Solar Water Heater Product Portfolio
13.2.3 Rheem Solar Water Heater Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
13.3 Ariston Thermo
13.3.1 Ariston Thermo Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.3.2 Ariston Thermo Solar Water Heater Product Portfolio
13.3.3 Ariston Thermo Solar Water Heater Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
13.4 Whirlpool
13.4.1 Whirlpool Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.4.2 Whirlpool Solar Water Heater Product Portfolio
13.4.3 Whirlpool Solar Water Heater Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
13.5 Nihon Itomic
13.5.1 Nihon Itomic Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.5.2 Nihon Itomic Solar Water Heater Product Portfolio
13.5.3 Nihon Itomic Solar Water Heater Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
13.6 Simens
13.6.1 Simens Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.6.2 Simens Solar Water Heater Product Portfolio
13.6.3 Simens Solar Water Heater Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
13.7 TATA Power Solar Systems
13.7.1 TATA Power Solar Systems Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.7.2 TATA Power Solar Systems Solar Water Heater Product Portfolio
13.7.3 TATA Power Solar Systems Solar Water Heater Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
13.8 Bosch
13.8.1 Bosch Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.8.2 Bosch Solar Water Heater Product Portfolio
13.8.3 Bosch Solar Water Heater Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
13.9 Racold Thermo
13.9.1 Racold Thermo Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.9.2 Racold Thermo Solar Water Heater Product Portfolio
13.9.3 Racold Thermo Solar Water Heater Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
13.10 Ferroli
13.10.1 Ferroli Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.10.2 Ferroli Solar Water Heater Product Portfolio
13.10.3 Ferroli Solar Water Heater Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
13.11 Chemtrols
13.11.1 Chemtrols Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.11.2 Chemtrols Solar Water Heater Product Portfolio
13.11.3 Chemtrols Solar Water Heater Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
13.12 Stiebel Eltron
13.12.1 Stiebel Eltron Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.12.2 Stiebel Eltron Solar Water Heater Product Portfolio
13.12.3 Stiebel Eltron Solar Water Heater Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
13.13 Eldominvest
13.13.1 Eldominvest Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.13.2 Eldominvest Solar Water Heater Product Portfolio
13.13.3 Eldominvest Solar Water Heater Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
13.14 Hubbell
13.14.1 Hubbell Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.14.2 Hubbell Solar Water Heater Product Portfolio
13.14.3 Hubbell Solar Water Heater Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
13.15 State Industries
13.15.1 State Industries Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.15.2 State Industries Solar Water Heater Product Portfolio
13.15.3 State Industries Solar Water Heater Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
13.16 Sakura
13.16.1 Sakura Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.16.2 Sakura Solar Water Heater Product Portfolio
13.16.3 Sakura Solar Water Heater Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
14 Industry Chain Analysis
14.1 Solar Water Heater Industry Chain Analysis
14.2 Solar Water Heater Industry Raw Material and Suppliers Analysis
14.2.1 Solar Water Heater Key Raw Material Supply Analysis
14.2.2 Raw Material Suppliers and Contact Information
14.3 Solar Water Heater Typical Downstream Customers
14.4 Solar Water Heater Sales Channel Analysis
15 Research Findings and Conclusion
16 Methodology and Data Source
16.1 Methodology/Research Approach
16.2 Research Scope
16.3 Benchmarks and Assumptions
16.4 Date Source
16.4.1 Primary Sources
16.4.2 Secondary Sources
16.5 Data Cross Validation
16.6 Disclaimer

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