As on date of publishing, this report will capture the impact assessment of COVID-19 on this market and the same will be considered in our market forecast model. Clients purchasing this report between April and June 2020 will be getting a ‘free’ updated market data excel sheet between July and September 2020 accounting for the impact of COVID-19 on the market in the current year 2020 and forecast.

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 New South Wales, Victoria, Queensland, Tasmania, Northern Territory. Victoria region held the lion’s share in the Australia solar water heater market comprising of approximately 27000 installations in 2019 which can be ascribed to rapid urbanization and presence of several companies in the state. And, Queensland stood at the second position with 11800 installations.

Major players operating in Australia solar water heater market include Rheem Manufacturing Co Proprietary Ltd., Viessmann Australia, V-Guard Industries, Racold, Suntanks, Chromagen Australia Pty Ltd, Himin Solar Co.,Ltd, Bosch Thermotechnology, Rinnai Australia Pty. Ltd., Linuo Ritter International, etc. To enhance and grow their business in the power industry, the leading companies are introducing various innovative products, widening their networks, services and spreading their distribution channel to various countries with lucrative market potential.

Years considered for this report:

Historical Years: 2015-2018

Base Year: 2019

Estimated Year: 2020

Forecast Period: 2021–2025

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.

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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across Australia. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels and presence of all major players across the country.

TechSci Research calculated the market size of Australia solar water heater market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

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.

Report Scope:

In this report, Australia solar water heater market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Australia Solar Water Heater Market, By Technology:
    • Active Solar Water Heating System
    • Passive Solar Water Heating System
  • Australia Solar Water Heater Market, By Collector Type:
    • Flat-Plate Solar Collector
    • Evacuated-Tube Solar Collector
  • Australia Solar Water Heater Market, By End Use:
    • Residential
    • Commercial
    • Industrial
  • Australia Solar Water Heater Market, By Region:

o   New South Wales

o   Victoria

o   Queensland

o   Tasmania

o   Northern Territory

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Australia solar water heater market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).
Australia Solar Water Heater market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at sales@techsciresearch.com  

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1.     Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on Australia Solar Water Heater Market

4.    Executive Summary

5.    Voice of Customer

6.    Australia Solar Water Heater Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value & Volume

6.2.  Market Share & Forecast

6.2.1.     By Technology (Active Solar Water Heating System and Passive Solar Water Heating System)

6.2.2.     By Collector Type (Flat-Plate Solar Collector and Evacuated-Tube Solar Collector)

6.2.3.     By End Use (Residential, Commercial and Industrial)

6.2.4.     By Region (New South Wales, Victoria, Queensland, Tasmania, Northern Territory)

6.3.  Product Market Map

7.    Australia Active Solar Water Heating System Market Outlook

7.1.  Market Size & Forecast

7.1.1.     By Value & Volume

7.2.  Market Share & Forecast

7.2.1.     By Technology

7.2.2.     By Collector Type

7.2.3.     By End Use

7.3.  Product Market Map

8.    Australia Passive Solar Water Heating System Market Outlook

8.1.  Market Size & Forecast

8.1.1.     By Value & Volume

8.2.  Market Share & Forecast

8.2.1.     By Technology

8.2.2.     By Collector Type

8.2.3.     By End Use

8.3.  Product Market Map

9.    Import-Export Analysis

10.  Market Dynamics

10.1.  Drivers

10.2.  Challenges

11.  Policy & Regulatory Landscape

12.  Market Trends & Developments

13.  Pricing Analysis

14.  Price Point Analysis

15.  Australia Economic Profile

16.  Competitive Landscape

16.1.              Rheem Manufacturing Co Proprietary Ltd.

16.2.              Viessmann Australia

16.3.              V-Guard Industries

16.4.              Racold

16.5.              Suntanks

16.6.              Chromagen Australia Pty Ltd

16.7.              Himin Solar Co.,Ltd

16.8.              Bosch Thermotechnology

16.9.              Rinnai Australia Pty. Ltd.

16.10.            Linuo Ritter International

17.  Strategic Recommendations

18.  About Us & Disclaimer

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