Australia Solar Water Heater Market By Technology (Active Solar Water Heating System and Passive Solar Water Heating System), By Collector Type (Flat-Plate Solar Collector and Evacuated-Tube Solar Collector), By End Use (Residential, Commercial and Industrial), By Region, Forecast & Opportunities, 2025

Australia solar water heater market is expected to grow at a substantial CAGR through 2025 on account of the increasing awareness among people regarding the judicious use of natural resources such as sunlight, etc., for water heating purposes with the motive of saving energy and reducing carbon footprint. Another factor that can be held responsible for driving the market growth in the region is the increasing government initiatives for promotion and adoption of solar water heaters instead of electrical water heaters, for instance, introduction of the Renewable Energy Target (RET) scheme to create financial incentives for small-scale businesses and households for the installation of solar water heaters and other solar power based products. Consistent technological advancement in conjunction with robust urbanization are further expected to propel the growth of the market through 2025.

The market for Australia solar water heater can be segmented based on technology, collector type, end use, company, and region. Based on technology, the market is bifurcated into active solar water heating system and passive solar water heating system. Active solar water heaters are the ones that consist of circulating pumps and controls while the same is absent from passive ones. Among these two, active solar heater water systems segment is expected to dominate the market until 2025 owing to the less heat loss and easy integration of the systems.

Based on regional analysis, the market is segregated into

Major players operating in

Years considered for this report

Historical Years2015-2018

Base Year2019

Estimated Year2020

Forecast Period2021–2025

Objective of the Study

• To analyze and estimate the market size of Australia solar water heater market from 2015 to 2018.
• To estimate and forecast the market size of Australia solar water heater market from 2019 to 2025 and growth rate until 2025.
• To classify and forecast Australia solar water heater market based on technology, collector type, end use, company and region.
• To identify dominant region or segment in the Australia solar water heater market.
• To identify drivers and challenges for Australia solar water heater market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Australia solar water heater market.
• To conduct pricing analysis for Australia solar water heater market.
• To identify and analyze the profile of leading players operating in Australia solar water heater market.
• To identify key sustainable strategies adopted by market players in Australia solar water heater market.

Click here to download the sample

Market insights research performed both primary as well as exhaustive secondary research for this study. Initially, Market insights research sourced a list of

Market insights research calculated the market size of

Key Target Audience

• Solar water heater manufacturers, suppliers and other stakeholders
• Government bodies such as regulating authorities and policy makers
• Organizations, forums and alliances related to solar water heater
• Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.