Australia Solar Water Heater Market (2026-2032) | Growth, Share, Analysis, Trends, Size, Companies, Forecast, Outlook, Revenue, Value & Industry
Market Forecast By Technology (Evacuated Tube Collector, Flat Plate Collector, Unglazed Water Collector), By Application (Residential, Commercial, Industrial), By System (Thermosyphon, Pumped) And Competitive Landscape
| Product Code: ETC013075 | Publication Date: Jun 2023 | Updated Date: Dec 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
Australia Solar Water Heater Market: Import Trend Analysis
Australia`s import trend for the solar water heater market showed a notable growth rate of 12.06% from 2023 to 2024, with a compound annual growth rate (CAGR) of 17.95% from 2020 to 2024. This upward momentum can be attributed to increasing consumer awareness of renewable energy solutions, driving demand for eco-friendly products in the market.
Australia Export Potential Assessment For Solar Water Heater Market (Values in USD Thousand)
Australia Solar Water Heater Market Highlights
| Report Name | Australia Solar Water Heater Market |
| Forecast period | 2026-2032 |
| CAGR | 4.8% |
| Growing Sector | Commercial |
Australia Solar Water Heater Market Synopsis
The Australia solar water heater market is experiencing significant growth. The solar hot water industry has become one of the most successful renewable energy sectors in Australia, with installations increasing from around 100,000 systems in 2000 to over 1 million by 2016. This surge is largely driven by increased awareness and incentives offered by state governments for households and businesses to invest in this technology. In addition, the rising cost of electricity has encouraged more households to switch to solar hot water systems as a way of reducing their bills and helping the environment at the same time.
According to 6Wresearch internal database and industry insights the Australia Solar Water Heater Market is expected to grow at a CAGR of 4.8% during the forecast period (2026-2032). Rising consumer focus on sustainable energy, expanding residential installations, and supportive regulatory measures continue to strengthen market adoption, paving the way for steady development across key application segments.
Key Attractiveness of the Report
- 10 Years of Market Numbers.
- Historical Data Starting from 2022 to 2025.
- Base Year: 2025
- Forecast Data until 2032.
- Key Performance Indicators Impacting the market.
- Major Upcoming Developments and Projects.
Key Highlights of the Report:
- Australia Solar Water Heater Market Outlook
- Market Size of Australia Solar Water Heater Market, 2025
- Forecast of Australia Solar Water Heater Market, 2032
- Historical Data and Forecast of Australia Solar Water Heater Revenues & Volume for the Period 2022-2032
- Australia Solar Water Heater Market Trend Evolution
- Australia Solar Water Heater Market Drivers and Challenges
- Australia Solar Water Heater Price Trends
- Australia Solar Water Heater Porter's Five Forces
- Australia Solar Water Heater Industry Life Cycle
- Historical Data and Forecast of Australia Solar Water Heater Market Revenues & Volume By Technology for the Period 2022-2032
- Historical Data and Forecast of Australia Solar Water Heater Market Revenues & Volume By Evacuated Tube Collector for the Period 2022-2032
- Historical Data and Forecast of Australia Solar Water Heater Market Revenues & Volume By Flat Plate Collector for the Period 2022-2032
- Historical Data and Forecast of Australia Solar Water Heater Market Revenues & Volume By Unglazed Water Collector for the Period 2022-2032
- Historical Data and Forecast of Australia Solar Water Heater Market Revenues & Volume By Application for the Period 2022-2032
- Historical Data and Forecast of Australia Solar Water Heater Market Revenues & Volume By Residential for the Period 2022-2032
- Historical Data and Forecast of Australia Solar Water Heater Market Revenues & Volume By Commercial for the Period 2022-2032
- Historical Data and Forecast of Australia Solar Water Heater Market Revenues & Volume By Industrial for the Period 2022-2032
- Historical Data and Forecast of Australia Solar Water Heater Market Revenues & Volume By System for the Period 2022-2032
- Historical Data and Forecast of Australia Solar Water Heater Market Revenues & Volume By Thermosyphon for the Period 2022-2032
- Historical Data and Forecast of Australia Solar Water Heater Market Revenues & Volume By Pumped for the Period 2022-2032
- Australia Solar Water Heater Import Export Trade Statistics
- Market Opportunity Assessment By Technology
- Market Opportunity Assessment By Application
- Market Opportunity Assessment By System
- Australia Solar Water Heater Top Companies Market Share
- Australia Solar Water Heater Competitive Benchmarking By Technical and Operational Parameters
- Australia Solar Water Heater Company Profiles
- Australia Solar Water Heater Key Strategic Recommendations
By Technology
- Evacuated Tube Collector
- Flat Plate Collector
- Unglazed Water Collector
By Application
- Residential
- Commercial
- Industrial
By System
- Thermosyphon
- Pumped
Australia Solar Water Heater Market (2026-2032): FAQ,s
The Australia Solar Water Heater Market is projected to grow at a CAGR of 4.8% during 2026–2032.
Australia sunny climate, especially in the southern regions, makes solar water heaters highly effective, reducing reliance on conventional energy sources.
The Australian government offers financial incentives, rebates, and tax credits through programs like the Renewable Energy Target (RET) to encourage solar energy adoption.
Challenges include high initial costs, competition from alternative water heating technologies, and maintenance concerns in some remote areas.
6Wresearch actively monitors the Australia Solar Water Heater Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Australia Solar Water Heater Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
| 1 Executive Summary |
| 2 Introduction |
| 2.1 Key Highlights of the Report |
| 2.2 Report Description |
| 2.3 Market Scope & Segmentation |
| 2.4 Research Methodology |
| 2.5 Assumptions |
| 3 Australia Solar Water Heater Market Overview |
| 3.1 Australia Country Macro Economic Indicators |
| 3.2 Australia Solar Water Heater Market Revenues & Volume, 2022 & 2032F |
| 3.3 Australia Solar Water Heater Market - Industry Life Cycle |
| 3.4 Australia Solar Water Heater Market - Porter's Five Forces |
| 3.5 Australia Solar Water Heater Market Revenues & Volume Share, By Technology, 2022 & 2032F |
| 3.6 Australia Solar Water Heater Market Revenues & Volume Share, By Application, 2022 & 2032F |
| 3.7 Australia Solar Water Heater Market Revenues & Volume Share, By System, 2022 & 2032F |
| 4 Australia Solar Water Heater Market Dynamics |
| 4.1 Impact Analysis |
| 4.2 Market Drivers |
| 4.2.1 Government incentives and rebates for solar water heaters |
| 4.2.2 Increasing awareness about environmental sustainability and energy efficiency |
| 4.2.3 Rise in electricity prices leading to higher demand for cost-effective heating solutions |
| 4.3 Market Restraints |
| 4.3.1 Initial high installation costs of solar water heaters |
| 4.3.2 Competition from other renewable energy sources like wind and geothermal |
| 4.3.3 Dependence on sunlight availability which can impact efficiency in certain regions |
| 5 Australia Solar Water Heater Market Trends |
| 6 Australia Solar Water Heater Market, By Types |
| 6.1 Australia Solar Water Heater Market, By Technology |
| 6.1.1 Overview and Analysis |
| 6.1.2 Australia Solar Water Heater Market Revenues & Volume, By Technology, 2022-2032F |
| 6.1.3 Australia Solar Water Heater Market Revenues & Volume, By Evacuated Tube Collector, 2022-2032F |
| 6.1.4 Australia Solar Water Heater Market Revenues & Volume, By Flat Plate Collector, 2022-2032F |
| 6.1.5 Australia Solar Water Heater Market Revenues & Volume, By Unglazed Water Collector, 2022-2032F |
| 6.2 Australia Solar Water Heater Market, By Application |
| 6.2.1 Overview and Analysis |
| 6.2.2 Australia Solar Water Heater Market Revenues & Volume, By Residential, 2022-2032F |
| 6.2.3 Australia Solar Water Heater Market Revenues & Volume, By Commercial, 2022-2032F |
| 6.2.4 Australia Solar Water Heater Market Revenues & Volume, By Industrial, 2022-2032F |
| 6.3 Australia Solar Water Heater Market, By System |
| 6.3.1 Overview and Analysis |
| 6.3.2 Australia Solar Water Heater Market Revenues & Volume, By Thermosyphon, 2022-2032F |
| 6.3.3 Australia Solar Water Heater Market Revenues & Volume, By Pumped, 2022-2032F |
| 7 Australia Solar Water Heater Market Import-Export Trade Statistics |
| 7.1 Australia Solar Water Heater Market Export to Major Countries |
| 7.2 Australia Solar Water Heater Market Imports from Major Countries |
| 8 Australia Solar Water Heater Market Key Performance Indicators |
| 8.1 Average annual solar radiation levels in key regions |
| 8.2 Number of government policies supporting renewable energy adoption |
| 8.3 Percentage of households adopting solar water heaters |
| 8.4 Average payback period for solar water heater installations |
| 8.5 Rate of technological advancements in solar water heater efficiency |
| 9 Australia Solar Water Heater Market - Opportunity Assessment |
| 9.1 Australia Solar Water Heater Market Opportunity Assessment, By Technology, 2022 & 2032F |
| 9.2 Australia Solar Water Heater Market Opportunity Assessment, By Application, 2022 & 2032F |
| 9.3 Australia Solar Water Heater Market Opportunity Assessment, By System, 2022 & 2032F |
| 10 Australia Solar Water Heater Market - Competitive Landscape |
| 10.1 Australia Solar Water Heater Market Revenue Share, By Companies, 2025 |
| 10.2 Australia Solar Water Heater Market Competitive Benchmarking, By Operating and Technical Parameters |
| 11 Company Profiles |
| 12 Recommendations |
| 13 Disclaimer |
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