The global solar water heaters market size is calculated at USD 6.21 billion in 2024, grew to USD 6.56 billion in 2025, and is predicted to hit around USD 10.71 billion by 2034, expanding at a CAGR of 5.6% between 2024 and 2034. The North America solar water heaters market size accounted for USD 2.67 billion in 2024 and is anticipated to grow at the fastest CAGR of 5.72% during the forecast year.
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Solar Water Heaters Market
5.1. COVID-19 Landscape: Solar Water Heaters Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Solar Water Heaters Market, By Collector
8.1. Solar Water Heaters Market, by Collector, 2024-2034
8.1.1 Evacuated tube collector
8.1.1.1. Market Revenue and Forecast (2021-2034)
8.1.2. Flat Plat collector
8.1.2.1. Market Revenue and Forecast (2021-2034)
8.1.3. Unglazed water collector
8.1.3.1. Market Revenue and Forecast (2021-2034)
Chapter 9. Global Solar Water Heaters Market, By System
9.1. Solar Water Heaters Market, by System, 2024-2034
9.1.1. Thermo siphon
9.1.1.1. Market Revenue and Forecast (2021-2034)
9.1.2. Pumped
9.1.2.1. Market Revenue and Forecast (2021-2034)
Chapter 10. Global Solar Water Heaters Market, By Application
10.1. Solar Water Heaters Market, by Application, 2024-2034
10.1.1. Educational Institutes
10.1.1.1. Market Revenue and Forecast (2021-2034)
10.1.2. Offices
10.1.2.1. Market Revenue and Forecast (2021-2034)
10.1.3. Government
10.1.3.1. Market Revenue and Forecast (2021-2034)
10.1.4. Others
10.1.4.1. Market Revenue and Forecast (2021-2034)
Chapter 11. Global Solar Water Heaters Market, Regional Estimates and Trend Forecast
11.1. North America
11.1.1. Market Revenue and Forecast, by Collector (2021-2034)
11.1.2. Market Revenue and Forecast, by System (2021-2034)
11.1.3. Market Revenue and Forecast, by Application (2021-2034)
11.1.4. U.S.
11.1.4.1. Market Revenue and Forecast, by Collector (2021-2034)
11.1.4.2. Market Revenue and Forecast, by System (2021-2034)
11.1.4.3. Market Revenue and Forecast, by Application (2021-2034)
11.1.5. Rest of North America
11.1.5.1. Market Revenue and Forecast, by Collector (2021-2034)
11.1.5.2. Market Revenue and Forecast, by System (2021-2034)
11.1.5.3. Market Revenue and Forecast, by Application (2021-2034)
11.2. Europe
11.2.1. Market Revenue and Forecast, by Collector (2021-2034)
11.2.2. Market Revenue and Forecast, by System (2021-2034)
11.2.3. Market Revenue and Forecast, by Application (2021-2034)
11.2.4. UK
11.2.4.1. Market Revenue and Forecast, by Collector (2021-2034)
11.2.4.2. Market Revenue and Forecast, by System (2021-2034)
11.2.4.3. Market Revenue and Forecast, by Application (2021-2034)
11.2.5. Germany
11.2.5.1. Market Revenue and Forecast, by Collector (2021-2034)
11.2.5.2. Market Revenue and Forecast, by System (2021-2034)
11.2.5.3. Market Revenue and Forecast, by Application (2021-2034)
11.2.6. France
11.2.6.1. Market Revenue and Forecast, by Collector (2021-2034)
11.2.6.2. Market Revenue and Forecast, by System (2021-2034)
11.2.6.3. Market Revenue and Forecast, by Application (2021-2034)
11.2.7. Rest of Europe
11.2.7.1. Market Revenue and Forecast, by Collector (2021-2034)
11.2.7.2. Market Revenue and Forecast, by System (2021-2034)
11.2.7.3. Market Revenue and Forecast, by Application (2021-2034)
11.3. APAC
11.3.1. Market Revenue and Forecast, by Collector (2021-2034)
11.3.2. Market Revenue and Forecast, by System (2021-2034)
11.3.3. Market Revenue and Forecast, by Application (2021-2034)
11.3.4. India
11.3.4.1. Market Revenue and Forecast, by Collector (2021-2034)
11.3.4.2. Market Revenue and Forecast, by System (2021-2034)
11.3.4.3. Market Revenue and Forecast, by Application (2021-2034)
11.3.5. China
11.3.5.1. Market Revenue and Forecast, by Collector (2021-2034)
11.3.5.2. Market Revenue and Forecast, by System (2021-2034)
11.3.5.3. Market Revenue and Forecast, by Application (2021-2034)
11.3.6. Japan
11.3.6.1. Market Revenue and Forecast, by Collector (2021-2034)
11.3.6.2. Market Revenue and Forecast, by System (2021-2034)
11.3.6.3. Market Revenue and Forecast, by Application (2021-2034)
11.3.7. Rest of APAC
11.3.7.1. Market Revenue and Forecast, by Collector (2021-2034)
11.3.7.2. Market Revenue and Forecast, by System (2021-2034)
11.3.7.3. Market Revenue and Forecast, by Application (2021-2034)
11.4. MEA
11.4.1. Market Revenue and Forecast, by Collector (2021-2034)
11.4.2. Market Revenue and Forecast, by System (2021-2034)
11.4.3. Market Revenue and Forecast, by Application (2021-2034)
11.4.4. GCC
11.4.4.1. Market Revenue and Forecast, by Collector (2021-2034)
11.4.4.2. Market Revenue and Forecast, by System (2021-2034)
11.4.4.3. Market Revenue and Forecast, by Application (2021-2034)
11.4.5. North Africa
11.4.5.1. Market Revenue and Forecast, by Collector (2021-2034)
11.4.5.2. Market Revenue and Forecast, by System (2021-2034)
11.4.5.3. Market Revenue and Forecast, by Application (2021-2034)
11.4.6. South Africa
11.4.6.1. Market Revenue and Forecast, by Collector (2021-2034)
11.4.6.2. Market Revenue and Forecast, by System (2021-2034)
11.4.6.3. Market Revenue and Forecast, by Application (2021-2034)
11.4.7. Rest of MEA
11.4.7.1. Market Revenue and Forecast, by Collector (2021-2034)
11.4.7.2. Market Revenue and Forecast, by System (2021-2034)
11.4.7.3. Market Revenue and Forecast, by Application (2021-2034)
11.5. Latin America
11.5.1. Market Revenue and Forecast, by Collector (2021-2034)
11.5.2. Market Revenue and Forecast, by System (2021-2034)
11.5.3. Market Revenue and Forecast, by Application (2021-2034)
11.5.4. Brazil
11.5.4.1. Market Revenue and Forecast, by Collector (2021-2034)
11.5.4.2. Market Revenue and Forecast, by System (2021-2034)
11.5.4.3. Market Revenue and Forecast, by Application (2021-2034)
11.5.5. Rest of LATAM
11.5.5.1. Market Revenue and Forecast, by Collector (2021-2034)
11.5.5.2. Market Revenue and Forecast, by System (2021-2034)
11.5.5.3. Market Revenue and Forecast, by Application (2021-2034)
Chapter 12. Company Profiles
12.1. Azure Power India
12.1.1. Company Overview
12.1.2. Product Offerings
12.1.3. Financial Performance
12.1.4. Recent Initiatives
12.2. Central Electronics
12.2.1. Company Overview
12.2.2. Product Offerings
12.2.3. Financial Performance
12.2.4. Recent Initiatives
12.3. Chemtrols Solar
12.3.1. Company Overview
12.3.2. Product Offerings
12.3.3. Financial Performance
12.3.4. Recent Initiatives
12.4. Euro Multivision
12.4.1. Company Overview
12.4.2. Product Offerings
12.4.3. Financial Performance
12.4.4. Recent Initiatives
12.5. Indosolar
12.5.1. Company Overview
12.5.2. Product Offerings
12.5.3. Financial Performance
12.5.4. Recent Initiatives
12.6. Jupiter Solar Power
12.6.1. Company Overview
12.6.2. Product Offerings
12.6.3. Financial Performance
12.6.4. Recent Initiatives
12.7. Lanco Solar Private
12.7.1. Company Overview
12.7.2. Product Offerings
12.7.3. Financial Performance
12.7.4. Recent Initiatives
12.8. Mahindra Solar One
12.8.1. Company Overview
12.8.2. Product Offerings
12.8.3. Financial Performance
12.8.4. Recent Initiatives
12.9. Moser Baer Photovoltaic
12.9.1. Company Overview
12.9.2. Product Offerings
12.9.3. Financial Performance
12.9.4. Recent Initiatives
12.10. Photon Energy Systems
12.10.1. Company Overview
12.10.2. Product Offerings
12.10.3. Financial Performance
12.10.4. Recent Initiatives
Chapter 13. Research Methodology
13.1. Primary Research
13.2. Secondary Research
13.3. Assumptions
Chapter 14. Appendix
14.1. About Us
14.2. Glossary of Terms
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