Press release
Solar Water Heater Market 2026, Increasing Demand with Leading key players Apricus Solar Co., Ltd, V-Guard Industries Ltd., Havells India Limited, Jiaxing Passion New Energy Technology Co., Ltd, Sole S.A., Your Home Tech Limited, American Water Heaters, S
The global solar water heater market is likely to drive growth from recent product advancements. According to a report by Fortune Business Insights, titled “Solar Water Heater Market Size, Share and Global Trend By Collector Type (Flat Plate, Evacuated Tube, Unglazed Water), By System (Thermosiphon, Pumped), By Application (Residential, Commercial, Industrial), and Geography Forecast Till 2026,” the market will grow considerably driven by the emphasis on harnessing solar energy.For more information in the analysis of this report, visit https://www.fortunebusinessinsights.com/industry-reports/solar-water-heater-market-100829
Key Market Driver – Growing demand for energy-efficient water heaters
Key Market Restraint – High initial investment and climatic conditions
A few of the prominent market companies are:
• Apricus Solar Co., Ltd
• V-Guard Industries Ltd.
• Havells India Limited
• Jiaxing Passion New Energy Technology Co., Ltd
• Sole S.A.
• Your Home Tech Limited
• American Water Heaters
• Solar Hot USA, Versol Ltd
• SolarPeak New Zealand Limited
• The Alternative Energy Company
• O. Smith Water Products Company B.V.
• Azuma Solar Corporation
• Haining Onosi New Energy Co., Ltd
• GREENoneTEC Solarindustrie GmbH.
Request a Sample Copy of the Global Market Research Report https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/solar-water-heater-market-100829
The growing emphasis on conservation of energy has created an emphasis on developing ways to harness non-conventional energy sources. The need to harness solar energy will create a subsequent demand for solar devices. Additionally, the emphasis on solar energy will give rise to innovations in the ways to harness solar energy. The introduction of advanced technologies will lead to an increase in the overall efficiency of the system. The growing awareness regarding global warming and environmental preservation will aid the growth of the global solar water heaters market in the coming years.
The report on solar water heaters provides a detailed analysis of leading companies operating in the market. The competitive landscape is discussed in detail and based on extensive research methods, forecast values have been drawn for the global solar water heaters market. Besides the competitive scenario, factors such as growth drivers and leading segments are analyzed briefly. The benefits of solar water heaters have enabled the wide adoption of these products across the world. Strict regulations regarding the use of electricity and awareness programs initiated to encourage the use of solar energy are among several factors that have contributed to market growth. The report encompasses several such factors that have made a positive influence on the growth of the global solar water heaters market in recent years.
Segmentation
1. By Collector Type
• Flat Plate
• Evacuated Tube
• Unglazed Water
2. By System
• Thermosiphon
• Pumped
3. By Application
• Residential
• Commercial
• Industrial
4. By Geography
• North America (the USA and Canada)
• Europe (UK, Germany, France, Italy, Spain, Russia and Rest of Europe)
• Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
• Latin America (Brazil, Mexico, and Rest of Latin America)
• Middle East & Africa (South Africa, GCC, and Rest of the Middle East & Africa)
Request for customization https://www.fortunebusinessinsights.com/enquiry/customization/solar-water-heater-market-100829
Due to a Massive Potential for Growth, Companies are Focused on Introducing Solar-driven Products
The global solar water heaters market will derive growth from recent advancements in products and technologies integrated with solar devices. The increasing number of product launches will aid the expansion of businesses at almost all scales, including SMEs and large scale enterprises. The increasing demand for solar water heaters will emerge as a catalyst for market growth. In February 2016, Racold Thermo announced the launch of a new water heater, integrated with an advanced concept to ensure optimum energy use. Racold’s latest product will have a direct impact on the global market. The report identifies several major products of recent times and gauges their impact on the growth of the global market.
Accelerated Solar-harnessing Activities Will Favor the Growth of the Market in North America
Based on regional demographics, the global solar water heater market is classified into North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. Among these regions, Fortune Business Insights labels North America as the region that will emerge dominant in the coming years. The rapid adoption of solar-integrated devices, combined with the availability of these products at reduced costs will contribute to market growth. The United States has installed around 2.7 GW of solar PV in 2019. Besides North America, the Asia Pacific is likely to witness considerable growth in the coming years due to the growing adoption of solar water heaters in emerging countries such as China, Japan, and India.
Key Industry Developments
• In June 2019, the Irish Government announced to retrofit around 500,000 homes to make them more energy efficient. The projected is expected to include renewable energy systems such as solar water heating panels, heat pumps, and solar photovoltaic panels
• In February 2019, the Environmental Court to the State of Hawai’i upheld the mandate for the usage of solar water heaters. This decision of the court is expected to promote the environment and climate safety
• In February 2016, Racold Thermo, solar water heater manufacturer announced the launch of its Vacuum Tube Collector solar water heater in the April-June quarter of the year.
Have any Query? Speak to Analyst at: https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/solar-water-heater-market-100829
Major Table of Content For Solar Water Heater Market:
1. Introduction
2. Executive Summary
3. Market Dynamics
4. Key Insights
5. Global Solar Water Heater Market Analysis, Insights and Forecast, 2026
6. North America Solar Water Heater Market Analysis, Insights and Forecast, 2026
7. Europe Solar Water Heater Market Analysis, Insights and Forecast, 2026
8. Asia Pacific Solar Water Heater Market Analysis, Insights and Forecast, 2026
9. The Middle East and Africa Solar Water Heater Market Analysis, Insights and Forecast, 2026
10. Latin America Solar Water Heater Market Analysis, Insights and Forecast, 2026
11. Competitive Landscape
12. Company Profile
13. Conclusion
Contact Us:
Fortune Business Insights Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune-Bangalore Highway,
Pune - 411045, Maharashtra, India.
Phone:
US :+1 424 253 0390
UK : +44 2071 939123
APAC : +91 744 740 1245
Email: sales@fortunebusinessinsights.com
About Us
Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.
At Fortune Business Insights™ we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.
Contact Us
Fortune Business Insights™ Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune-Bangalore Highway,
Pune - 411045, Maharashtra, India.
Phone
US :+1 424 253 0390
UK : +44 2071 939123
APAC : +91 744 740 1245
Email: sales@fortunebusinessinsights.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Solar Water Heater Market 2026, Increasing Demand with Leading key players Apricus Solar Co., Ltd, V-Guard Industries Ltd., Havells India Limited, Jiaxing Passion New Energy Technology Co., Ltd, Sole S.A., Your Home Tech Limited, American Water Heaters, S here
News-ID: 1897771 • Views: …
More Releases from Fortune Business Insights Pvt. Ltd.

Global Bread Maker Market to Reach USD 11.13 Billion by 2032, Driven by a 4.71% …
The global bread maker market size was valued at USD 7.48 billion in 2023 and is expected to be worth USD 7.70 billion in 2024. The market is projected to reach USD 11.13 billion by 2032, recording a CAGR of 4.71% during the forecast period.
Bread maker machines enable users to create a diverse range of bread at home cost-effectively. The increasing demand for innovative home appliances and the rising replacement…

Streetwear Industry to Reach $637.12 Billion by 2032 at 7.89% CAGR During Foreca …
The global streetwear market size was valued at USD 325.28 billion in 2023. The market is projected to be worth USD 347.14 billion in 2024 and reach USD 637.13 billion by 2032, exhibiting a CAGR of 7.89% during the forecast period. Asia Pacific dominated the streetwear market with a market share of 36.17% in 2023.
Fortune Business InsightsTM displays this information in a report titled, "Streetwear Market, 2024-2032."
Request a Free Sample…

Streetwear Market Size, Share, Analysis, Overview, Demand, Report, 2032 | Compan …
The streetwear market size was valued at USD 325.28 billion in 2023 and is expected to be worth USD 347.14 billion in 2024. The market is projected to reach USD 637.13 billion by 2032, recording a CAGR of 7.89% during the forecast period.
Streetwear is youth-inspired clothing that is highly popular among hip-hop enthusiasts and skateboarders. It is popular for its vibrant colors, bold logo graphics, and unconventional designs. Streetwear is…

Perfume Market Size, Share, Growth, Demand, Overview, Report, 2032 | Companies- …
The global perfume market size was valued at USD 48.05 billion in 2023 and is projected to grow from USD 50.45 billion in 2024 to USD 77.52 billion by 2032, exhibiting a CAGR of 5.51% during the forecast period.
Perfumes are pleasant smelling solutions made by using oils, fragrances, and other ingredients to create a pleasing aroma. Increasing demand for high-quality beauty and grooming products globally is expected to boost the…
More Releases for Solar
Biohybrid Solar Cell Market Professional Survey Report 2022 - Jinko Solar, JA SO …
The Biohybrid Solar Cell Market Report 2022 provides a comprehensive analysis of observable trends and projections. This research shows how to attract a large number of customers. Our certified crew of economists, researchers, and advisers has made further attempts in projecting the global industry by utilising accredited global Biohybrid Solar Cell market information tools as well as various instruments and ways to successfully review and get information. The research argues…
Home Solar Power System Market Size, Share, Trends, Growth - Tesla, Panasonic So …
The Global Home Solar Power System Market study includes new innovations, market dynamics, strategic profiling in terms of the future market strategies and shares for the subsectors of the industry. This research consists of details related to the size of the industries, the major players, markets, sales volume and value. This study offers a detail data on the historical data pointers as well as forecasts by region/country for the sectors…
Solar PV Module Market Outlook To 2024 - Trina Solar, Canadian Solar Inc., JA So …
Solar PV module market from utility sector has witnessed a substantial growth globally in recent years. In the first quarter of the year, Vietnam's Ministry of Industry and Trade have talked about their FiT scheme related to utility-based solar power projects. Ongoing electrification programs and incentives benefit pertaining to grid connected power generation is surging the demand for on-grid solar PV modules. On-grid connection represented 55% of the overall solar…
Solar Simulator Market Distribution Channel 2019: Spire Solar, Solar Energy Inte …
Solar Simulator Market report aims to examine the developments of market including its market improvements, developments, positions and others.
This report on the Solar Simulator market offers explanatory knowledge on the market parts like dominating players, drivers and restraints, production, revenue, consumption, import and export, and the most effective development within the organization size, deployment type, inside, segmentation comprised throughout this analysis, also major the players have used various strategies such…
Solar PV Module Market By Key Vendors: Trina Solar, Canadian Solar Inc., JA Sola …
UK solar PV module market is set to expand owing to government initiatives towards sustainable energy integration. The export tariff introduced by the UK government facilitates USD 0.06 per unit for the surplus electricity injected back to the grid by the generator. Favorable government reforms with ambitious plan towards carbon footprint reduction will further boost the business outlook.
Request for a sample of this research report @
https://www.gminsights.com/request-sample/detail/1563
Solar PV Module Market size…
Global Solar Thermal Market 2016 Abengoa Solar, SUPCON Solar, Solar Euromed
Global Solar Thermal Market Research Report
The MRS Research Group Solar Thermal report by QY Research represents an inclusive evaluation of the Solar Thermal Market and comprises considerable insights, historical data, facts,and statistical and industry-validated data of the global market.Additionally,it consists of estimated data that is evaluated with the help of suitable set of methodologies and assumptions.The MRS Research Group report research highlights informative data and in-depth analysis of Solar Thermal…