Solar Water Heater SWH Market Size 2025, Share, Forecasts Analysis, Company Profiles, Competitive Landscape and Key Regions 2033

Publishing Date : 16 January, 2025


The Global Solar Water Heater SWH Market Size Outlook [2025] –

  • Global Solar Water Heater SWH Market Size achieved USD 12.74 Million in 2023.
  • A projected Compound Annual Growth Rate (CAGR) of 11.67% anticipates its future expansion.
  • During the forecast period, the global Solar Water Heater SWH market is poised to attain the value of USD 27.59 Million by 2030.
  • This report casts a wide net, covering prominent regions, including North America, Europe, Asia-Pacific, South America, Middle East and Africa, and the Rest of the World.

research report serves as a comprehensive compilation of information and analysis obtained from various sources. Its objective is to aid businesses in understanding the current market scenario through an analysis of type trends [Compact Type, Split Type, ] and competitors by application [Home Use, Commercial Use, Industrial Use]. By leveraging these insights, businesses can make informed decisions and develop successful growth strategies. | [123 – Pages Report]

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List of Top Solar Water Heater SWH Companies in the Market are -

  • Whirlpool
  • TATA Power Solar Systems
  • Hubbell
  • Bosch
  • Eldominvest
  • Stiebel Eltron
  • A.O.Smith
  • Ariston Thermo
  • Chemtrols
  • Sakura
  • Simens
  • Racold Thermo
  • Rheem
  • Ferroli
  • State Industries
  • Nihon Itomic

Market Overview: Comprehensive Analysis of the Services Industry Landscape

Overview of Global Solar Water Heater SWH market:

The latest research study on the global Solar Water Heater SWH market finds that the global Solar Water Heater SWH market reached a value of USD 12.74 million in 2023. It’s expected that the market will achieve USD 27.59 million by 2030, exhibiting a CAGR of 11.67% during the forecast period.

The report covers a research time span from 2019 to 2030; combines extensive quantitative analysis and exhaustive qualitative analysis; presents not only an overview of the global Solar Water Heater SWH market in metrics of sales, revenue, growth rate, but also a deeper dive into the segmented market by region, product type and downstream industry, showing the readers a clear and distinct picture of how the market is distributed from different perspectives.

For competitive landscape, prominent players with considerable market shares are comprehensively analyzed in this report. With information regarding the concentration ratio and detailed data reflecting the market performance of each player shared, the readers can acquire a holistic view of the competitive situation and a better understanding of their competitors.

As the COVID-19 takes over the world, we are continuously tracking the changes in the markets. We analyzed the impact of the pandemic in detail, along with other key factors, such as macro-economy, regional conflicts, industry related news and policies. Meanwhile, market investment scenario, technology status and developments, supply chain challenges, among other essential research elements are all covered.

Research Scope

This report provides an overview of the global Solar Water Heater SWH market and analyzes the segmented market by product type, downstream industry, and region, presenting data points such as sales, revenue, growth rate, explaining the current status and future trends of the Solar Water Heater SWH and its sub-markets in an intuitive way.

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Current Market Landscape

Solar Water Heater SWH Market Segments [Products/Services] -

Segmentation Overview: The market is segmented primarily based on criteria which includes product type, utility, geographical (regional), and so on.

Solar Water Heater SWH Market Leading Segments, By Types -

  • Compact Type
  • Split Type

 - This phase holds the biggest market percentage because of motives such as excessive demand, massive application, etc.

 - Expected to be the fastest-growing section, driven by using particular factors such as innovation, growing adoption, etc.

Solar Water Heater SWH Market Leading Segments, By Applications -

  • Home Use
  • Commercial Use
  • Industrial Use

Geographic Distribution -

  • Regional Analysis - North America dominates the Solar Water Heater SWH market share with a proportion of %, followed by using Europe and the Asia-Pacific vicinity.
  • Growth Potential - The Asia-Pacific vicinity is anticipated to witness the highest increase price, attributed to speedy industrialization, urbanization, and increasing disposable incomes.

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Challenges and Market Dynamics -

  • Regulatory Environment: Navigating the intricate regulatory landscape poses significant challenges for Solar Water Heater SWH market players, demanding substantial resources for compliance.
  • Impact on Operations: Regulatory changes can impact production processes, product offerings, and market strategies, requiring businesses to remain agile and adaptable.
  • Solar Water Heater SWH Market Saturation: The market is marked by intense competition, with numerous established players and new entrants vying for market share.
  • Competitive Strategies: Companies are employing aggressive strategies, including mergers and acquisitions, product innovations, and strategic partnerships, to maintain a competitive edge.
  • Global Economy: Fluctuations in the global economy, such as exchange rate volatility, geopolitical tensions, and trade policies, can affect market stability and growth.
  • Business Resilience: Companies must build resilience through diversified operations, robust supply chains, and strategic risk management.

Solar Water Heater SWH Market Growth Opportunities -

  • Solar Water Heater SWH Market Growth Opportunities: Developing economies, particularly in Asia and Latin America, present significant growth opportunities due to rising consumer spending and favorable demographics.
  • Technological Adoption: Continued adoption of digital technologies and expansion of online channels will drive market growth, offering new avenues for revenue generation.

Get a Sample Copy of the Solar Water Heater SWH Market Report [2025-2033]

The report encompasses data from key countries, offering extensive coverage of Solar Water Heater SWH market -

  • North America (including the United States, Canada, and Mexico)
  • Europe (encompassing Germany, UK, France, Italy, Russia, Turkey, among others)
  • Asia-Pacific (encompassing China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia, Vietnam)
  • South America (particularly Brazil)
  • The Middle East and Africa (highlighting Egypt and GCC Countries)

This comprehensive breakdown enables a comprehensive understanding of regional and country-level dynamics within the Solar Water Heater SWH market, aiding stakeholders in making informed decisions and formulating effective strategies.

Why Purchase this Solar Water Heater SWH Market Report?

  • In-depth Coverage: The report offers an exhaustive examination of the industry, Solar Water Heater SWH market trends, competitive landscape, and emerging opportunities.
  • Data-Driven Insights: Utilizes the latest data and advanced analytics to provide actionable insights, ensuring informed decision-making.
  • Industry Expertise: Compiled by seasoned analysts and industry experts with deep knowledge and understanding of the market dynamics.
  • Proven Methodologies: Employs robust research methodologies and analytical frameworks to ensure accuracy and reliability.
  • Competitive Intelligence: Provides detailed competitive analysis, highlighting key players, market share, and strategic initiatives.
  • Market Forecasting: Includes predictive analytics and forecasts to help you anticipate market changes and plan strategically.
  • Tailored Insights: Customizable sections to focus on specific areas of interest or concern, ensuring relevance to your business needs.
  • Up-to-Date Information: Regularly updated content to reflect the latest market developments and trends.
  • Saves Resources: Reduces the need for internal research, saving valuable time and resources.
  • Affordable Investment: Offers a cost-effective solution compared to the expense of conducting proprietary research.
  • Actionable Recommendations: Provides clear, actionable recommendations to guide strategic planning and operational decisions.
  • Real-World Case Studies: Includes case studies and practical examples to illustrate key concepts and successful strategies.
  • Risk Mitigation: Identifies potential risks and challenges, helping you to mitigate them effectively.
  • Opportunity Identification: Highlights emerging opportunities and untapped markets, allowing you to capitalize on them early.
  • Trusted Source: Produced by a reputable research firm known for its integrity and accuracy.
  • Citations and References: Backed by a wealth of references and citations from credible sources, enhancing trustworthiness.

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Major Points from Table of Contents:

1. Market Definition and Statistical Scope
1.1 Objective of the Study
1.2 Solar Water Heater SWH Market Definition
1.3 Market Scope
1.3.1 Market Segmentation by Type, Downstream Industry and Marketing Channel
1.3.2 Major Geographies Covered (North America, Europe, Asia Pacific, Middle East & Africa, Latin America)
1.4 Years Considered for the Study (2019-2030)
1.5 Currency Considered (U.S. Dollar)
1.6 Stakeholders

2. Research Findings and Conclusion

3 Key Companies’ Profile
3.1 Competitive Profile
3.1.1 Global Solar Water Heater SWH Sales and Market Share by Companies
3.1.2 Global Solar Water Heater SWH Revenue and Market Share by Companies
3.2 Whirlpool
3.2.1 Brief Introduction of Whirlpool
3.2.2 Whirlpool Sales, Growth Rate and Global Market Share from 2019-2024
3.2.3 Whirlpool Related Products/Service Introduction
3.2.4 Whirlpool Business Overview/Recent Development/Acquisitions
3.3 TATA Power Solar Systems
3.3.1 Brief Introduction of TATA Power Solar Systems
3.3.2 TATA Power Solar Systems Sales, Growth Rate and Global Market Share from 2019-2024
3.3.3 TATA Power Solar Systems Related Products/Service Introduction
3.3.4 TATA Power Solar Systems Business Overview/Recent Development/Acquisitions
3.4 Hubbell
3.4.1 Brief Introduction of Hubbell
3.4.2 Hubbell Sales, Growth Rate and Global Market Share from 2019-2024
3.4.3 Hubbell Related Products/Service Introduction
3.4.4 Hubbell Business Overview/Recent Development/Acquisitions
3.5 Bosch
3.5.1 Brief Introduction of Bosch
3.5.2 Bosch Sales, Growth Rate and Global Market Share from 2019-2024
3.5.3 Bosch Related Products/Service Introduction
3.5.4 Bosch Business Overview/Recent Development/Acquisitions
3.6 Eldominvest
3.6.1 Brief Introduction of Eldominvest
3.6.2 Eldominvest Sales, Growth Rate and Global Market Share from 2019-2024
3.6.3 Eldominvest Related Products/Service Introduction
3.6.4 Eldominvest Business Overview/Recent Development/Acquisitions
3.7 Stiebel Eltron
3.7.1 Brief Introduction of Stiebel Eltron
3.7.2 Stiebel Eltron Sales, Growth Rate and Global Market Share from 2019-2024
3.7.3 Stiebel Eltron Related Products/Service Introduction
3.7.4 Stiebel Eltron Business Overview/Recent Development/Acquisitions
3.8 A.O.Smith
3.8.1 Brief Introduction of A.O.Smith
3.8.2 A.O.Smith Sales, Growth Rate and Global Market Share from 2019-2024
3.8.3 A.O.Smith Related Products/Service Introduction
3.8.4 A.O.Smith Business Overview/Recent Development/Acquisitions
3.9 Ariston Thermo
3.9.1 Brief Introduction of Ariston Thermo
3.9.2 Ariston Thermo Sales, Growth Rate and Global Market Share from 2019-2024
3.9.3 Ariston Thermo Related Products/Service Introduction
3.9.4 Ariston Thermo Business Overview/Recent Development/Acquisitions
3.10 Chemtrols
3.10.1 Brief Introduction of Chemtrols
3.10.2 Chemtrols Sales, Growth Rate and Global Market Share from 2019-2024
3.10.3 Chemtrols Related Products/Service Introduction
3.10.4 Chemtrols Business Overview/Recent Development/Acquisitions
3.11 Sakura
3.11.1 Brief Introduction of Sakura
3.11.2 Sakura Sales, Growth Rate and Global Market Share from 2019-2024
3.11.3 Sakura Related Products/Service Introduction
3.11.4 Sakura Business Overview/Recent Development/Acquisitions
3.12 Simens
3.12.1 Brief Introduction of Simens
3.12.2 Simens Sales, Growth Rate and Global Market Share from 2019-2024
3.12.3 Simens Related Products/Service Introduction
3.12.4 Simens Business Overview/Recent Development/Acquisitions
3.13 Racold Thermo
3.13.1 Brief Introduction of Racold Thermo
3.13.2 Racold Thermo Sales, Growth Rate and Global Market Share from 2019-2024
3.13.3 Racold Thermo Related Products/Service Introduction
3.13.4 Racold Thermo Business Overview/Recent Development/Acquisitions
3.14 Rheem
3.14.1 Brief Introduction of Rheem
3.14.2 Rheem Sales, Growth Rate and Global Market Share from 2019-2024
3.14.3 Rheem Related Products/Service Introduction
3.14.4 Rheem Business Overview/Recent Development/Acquisitions
3.15 Ferroli
3.15.1 Brief Introduction of Ferroli
3.15.2 Ferroli Sales, Growth Rate and Global Market Share from 2019-2024
3.15.3 Ferroli Related Products/Service Introduction
3.15.4 Ferroli Business Overview/Recent Development/Acquisitions
3.16 State Industries
3.16.1 Brief Introduction of State Industries
3.16.2 State Industries Sales, Growth Rate and Global Market Share from 2019-2024
3.16.3 State Industries Related Products/Service Introduction
3.16.4 State Industries Business Overview/Recent Development/Acquisitions
3.17 Nihon Itomic
3.17.1 Brief Introduction of Nihon Itomic
3.17.2 Nihon Itomic Sales, Growth Rate and Global Market Share from 2019-2024
3.17.3 Nihon Itomic Related Products/Service Introduction
3.17.4 Nihon Itomic Business Overview/Recent Development/Acquisitions

4. Global Solar Water Heater SWH Market Segmented by Type
4.1 Global Solar Water Heater SWH Sales, Revenue and Growth Rate by Type 2019-2024
4.2 Compact Type
4.3 Split Type

5 Global Solar Water Heater SWH Market Segmented by Downstream Industry
5.1 Global Solar Water Heater SWH Sales, Revenue and Growth Rate by Downstream Industry 2019-2024
5.2 Home Use
5.3 Commercial Use
5.4 Industrial Use

6 Solar Water Heater SWH Industry Chain Analysis
6.1 Value Chain Status
6.2 Upstream Raw Material Analysis
6.3 Midstream Major Company Analysis (by Manufacturing Base, by Product Type)
6.4 Distributors/Traders
6.5 Downstream Major Customer Analysis (by Region)
6.6 Value Chain Under Regional Conflicts

7. The Development and Dynamics of Solar Water Heater SWH Market
7.1 Driving Factors of the Market
7.2 Factors Challenging the Market
7.3 Opportunities of the Global Solar Water Heater SWH Market (Regions, Growing/Emerging Downstream Market Analysis)
7.4 Technology Status and Developments in the Solar Water Heater SWH Market
7.5 Industry News
7.6 Market Investment Scenario Strategic Recommendations
7.7 COVID-19 Impact on Solar Water Heater SWH Industry
7.7.1 Solar Water Heater SWH Business Impact Assessment - Covid-19
7.7.2 Supply Chain Challenges
7.7.3 Market Trends and Potential Opportunities of Solar Water Heater SWH in the COVID-19 Landscape
7.8 Industry SWOT Analysis

8 Global Solar Water Heater SWH Market Segmented by Geography
8.1 Global Solar Water Heater SWH Revenue and Market Share by Region 2019-2024
8.2 Global Solar Water Heater SWH Sales and Market Share by Region 2019-2024

9 North America
9.1 North America Solar Water Heater SWH Sales, Price, Revenue, Gross Margin (%) and Gross Analysis from 2019-2024
9.2 North America Solar Water Heater SWH Sales Analysis from 2019-2024
9.3 North America Solar Water Heater SWH Import and Export from 2019-2024
9.4 North America Solar Water Heater SWH Market by Country
9.4.1 North America Solar Water Heater SWH Sales by Country (2019-2024)
9.4.2 North America Solar Water Heater SWH Revenue by Country (2019-2024)
9.4.3 United States Solar Water Heater SWH Sales and Growth (2019-2024)
9.4.4 Canada Solar Water Heater SWH Sales and Growth (2019-2024)

10 Europe
10.1 Europe Solar Water Heater SWH Sales, Price, Revenue, Gross Margin (%) and Gross Analysis from 2019-2024
10.2 Europe Solar Water Heater SWH Sales Analysis from 2019-2024
10.3 Europe Solar Water Heater SWH Import and Export from 2019-2024
10.4 Europe Solar Water Heater SWH Market by Country
10.4.1 Europe Solar Water Heater SWH Sales by Country (2019-2024)
10.4.2 Europe Solar Water Heater SWH Revenue by Country (2019-2024)
10.4.3 Germany Solar Water Heater SWH Sales and Growth (2019-2024)
10.4.4 UK Solar Water Heater SWH Sales and Growth (2019-2024)
10.4.5 France Solar Water Heater SWH Sales and Growth (2019-2024)
10.4.6 Italy Solar Water Heater SWH Sales and Growth (2019-2024)
10.4.7 Spain Solar Water Heater SWH Sales and Growth (2019-2024)
10.4.8 Russia Solar Water Heater SWH Sales and Growth (2019-2024)
10.4.9 Netherlands Solar Water Heater SWH Sales and Growth (2019-2024)
10.4.10 Turkey Solar Water Heater SWH Sales and Growth (2019-2024)
10.4.11 Switzerland Solar Water Heater SWH Sales and Growth (2019-2024)
10.4.12 Sweden Solar Water Heater SWH Sales and Growth (2019-2024)

11 Asia Pacific
11.1 Asia Pacific Solar Water Heater SWH Sales, Price, Revenue, Gross Margin (%) and Gross Analysis from 2019-2024
11.2 Asia Pacific Solar Water Heater SWH Sales Analysis from 2019-2024
11.3 Asia Pacific Solar Water Heater SWH Import and Export from 2019-2024
11.4 Asia Pacific Solar Water Heater SWH Market by Country
11.4.1 Asia Pacific Solar Water Heater SWH Sales by Country (2019-2024)
11.4.2 Asia Pacific Solar Water Heater SWH Revenue by Country (2019-2024)
11.4.3 China Solar Water Heater SWH Sales and Growth (2019-2024)
11.4.4 Japan Solar Water Heater SWH Sales and Growth (2019-2024)
11.4.5 South Korea Solar Water Heater SWH Sales and Growth (2019-2024)
11.4.6 Australia Solar Water Heater SWH Sales and Growth (2019-2024)
11.4.7 India Solar Water Heater SWH Sales and Growth (2019-2024)
11.4.8 Indonesia Solar Water Heater SWH Sales and Growth (2019-2024)
11.4.9 Philippines Solar Water Heater SWH Sales and Growth (2019-2024)
11.4.10 Malaysia Solar Water Heater SWH Sales and Growth (2019-2024)

12 Latin America
12.1 Latin America Solar Water Heater SWH Sales, Price, Revenue, Gross Margin (%) and Gross Analysis from 2019-2024
12.2 Latin America Solar Water Heater SWH Sales Analysis from 2019-2024
12.3 Latin America Solar Water Heater SWH Import and Export from 2019-2024
12.4 Latin America Solar Water Heater SWH Market by Country
12.4.1 Latin America Solar Water Heater SWH Sales by Country (2019-2024)
12.4.2 Latin America Solar Water Heater SWH Revenue by Country (2019-2024)
12.4.3 Brazil Solar Water Heater SWH Sales and Growth (2019-2024)
12.4.4 Mexico Solar Water Heater SWH Sales and Growth (2019-2024)
12.4.5 Argentina Solar Water Heater SWH Sales and Growth (2019-2024)

13 Middle East & Africa
13.1 Middle East & Africa Solar Water Heater SWH Sales, Price, Revenue, Gross Margin (%) and Gross Analysis from 2019-2024
13.2 Middle East & Africa Solar Water Heater SWH Sales Analysis from 2019-2024
13.3 Middle East & Africa Solar Water Heater SWH Import and Export from 2019-2024
13.4 Middle East & Africa Solar Water Heater SWH Market by Country
13.4.1 Middle East & Africa Solar Water Heater SWH Sales by Country (2019-2024)
13.4.2 Middle East & Africa Solar Water Heater SWH Revenue by Country (2019-2024)
13.4.3 Saudi Arabia Solar Water Heater SWH Sales and Growth (2019-2024)
13.4.4 UAE Solar Water Heater SWH Sales and Growth (2019-2024)
13.4.5 Egypt Solar Water Heater SWH Sales and Growth (2019-2024)
13.4.6 South Africa Solar Water Heater SWH Sales and Growth (2019-2024)

14. Global Solar Water Heater SWH Market Forecast by Geography, Type, and Downstream Industry 2024-2030
14.1 Forecast of the Global Solar Water Heater SWH Market from 2024-2030 by Region
14.2 Global Solar Water Heater SWH Sales and Growth Rate Forecast by Type (2024-2030)
14.3 Global Solar Water Heater SWH Sales and Growth Rate Forecast by Downstream Industry (2024-2030)
14.4 Solar Water Heater SWH Market Forecast Under COVID-19

15 Appendix
15.1 Methodology
15.2 Research Data Source
 

…Continued

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