Malaysia Solar Water Heater Market (2026-2032) | Growth, Size, Analysis, Industry, Share, Outlook, Trends, Companies, Forecast, Value & Revenue

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: ETC013066 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

Malaysia Solar Water Heater Market Competition 2023

Malaysia Solar Water Heater market currently, in 2023, has witnessed an HHI of 10000, Which has decreased substantially as compared to the HHI of 10000 in 2017. The market is moving towards Highly concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.

Malaysia Solar Water Heater Market Competition 2023

Malaysia Export Potential Assessment For Solar Water Heater Market (Values in USD Thousand)


Malaysia Export Potential Assessment For Solar Water Heater Market (Values in USD Thousand)

Malaysia Solar Water Heater Market Highlights

Report Name Malaysia Solar Water Heater Market
Forecast period 2026-2032
CAGR 8.2%
Growing Sector Commercial

Malaysia Solar Water Heater Market Synopsis

The Malaysia Solar Water Heater Market is gaining momentum as households and commercial establishments adopt cleaner energy solutions to reduce electricity dependence. Rising awareness about long term cost benefits, supportive sustainability initiatives, and growing preference for eco friendly technologies are encouraging wider acceptance of solar water heating systems across urban and semi urban regions, strengthening market expansion. Solar energy is considered as an ideal source of renewable energy because it does not generate any pollutants or hazardous emissions and can be harnessed from almost all parts of the world, regardless of local weather conditions. As such, Malaysia has adopted various strategies towards adopting solar technology with a goal to increase use of renewable sources and reduce dependence on fossil fuel resources like coal and petroleum products.

According to 6Wresearch internal database and industry insights, the Malaysia Solar Water Heater Market Synopsis is projected to grow at a compound annual growth rate (CAGR) of 8.2% during the forecast period (2026–2032). Increasing investments, expanding retail networks and rising demand across residential and commercial applications are anticipated to support sustained market development throughout the upcoming years.

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:

  • Malaysia Solar Water Heater Market Outlook
  • Market Size of Malaysia Solar Water Heater Market, 2025
  • Forecast of Malaysia Solar Water Heater Market, 2032
  • Historical Data and Forecast of Malaysia Solar Water Heater Revenues & Volume for the Period 2022-2032
  • Malaysia Solar Water Heater Market Trend Evolution
  • Malaysia Solar Water Heater Market Drivers and Challenges
  • Malaysia Solar Water Heater Price Trends
  • Malaysia Solar Water Heater Porter's Five Forces
  • Malaysia Solar Water Heater Industry Life Cycle
  • Historical Data and Forecast of Malaysia Solar Water Heater Market Revenues & Volume By Technology for the Period 2022-2032
  • Historical Data and Forecast of Malaysia Solar Water Heater Market Revenues & Volume By Evacuated Tube Collector for the Period 2022-2032
  • Historical Data and Forecast of Malaysia Solar Water Heater Market Revenues & Volume By Flat Plate Collector for the Period 2022-2032
  • Historical Data and Forecast of Malaysia Solar Water Heater Market Revenues & Volume By Unglazed Water Collector for the Period 2022-2032
  • Historical Data and Forecast of Malaysia Solar Water Heater Market Revenues & Volume By Application for the Period 2022-2032
  • Historical Data and Forecast of Malaysia Solar Water Heater Market Revenues & Volume By Residential for the Period 2022-2032
  • Historical Data and Forecast of Malaysia Solar Water Heater Market Revenues & Volume By Commercial for the Period 2022-2032
  • Historical Data and Forecast of Malaysia Solar Water Heater Market Revenues & Volume By Industrial for the Period 2022-2032
  • Historical Data and Forecast of Malaysia Solar Water Heater Market Revenues & Volume By System for the Period 2022-2032
  • Historical Data and Forecast of Malaysia Solar Water Heater Market Revenues & Volume By Thermosyphon for the Period 2022-2032
  • Historical Data and Forecast of Malaysia Solar Water Heater Market Revenues & Volume By Pumped for the Period 2022-2032
  • Malaysia Solar Water Heater Import Export Trade Statistics
  • Market Opportunity Assessment By Technology
  • Market Opportunity Assessment By Application
  • Market Opportunity Assessment By System
  • Malaysia Solar Water Heater Top Companies Market Share
  • Malaysia Solar Water Heater Competitive Benchmarking By Technical and Operational Parameters
  • Malaysia Solar Water Heater Company Profiles
  • Malaysia 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

Malaysia Solar Water Heater Market (2026-2032): FAQ,s

The Malaysia Solar Water Heater Market is projected to grow at a CAGR of approximately 8.2% during the forecast period (2026–2032).
The Commercial segment dominates the market, driven by adoption in hotels, hospitals, and commercial buildings.
Growth drivers include sustainability regulations, energy cost reduction goals, and green building initiatives.
Challenges include space limitations in urban areas and competition from electric water heaters.
6Wresearch actively monitors the Malaysia 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 Malaysia 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 Malaysia Solar Water Heater Market Overview
3.1 Malaysia Country Macro Economic Indicators
3.2 Malaysia Solar Water Heater Market Revenues & Volume, 2022 & 2032F
3.3 Malaysia Solar Water Heater Market - Industry Life Cycle
3.4 Malaysia Solar Water Heater Market - Porter's Five Forces
3.5 Malaysia Solar Water Heater Market Revenues & Volume Share, By Technology, 2022 & 2032F
3.6 Malaysia Solar Water Heater Market Revenues & Volume Share, By Application, 2022 & 2032F
3.7 Malaysia Solar Water Heater Market Revenues & Volume Share, By System, 2022 & 2032F
4 Malaysia Solar Water Heater Market Dynamics
4.1 Impact Analysis
4.2 Market Drivers
4.3 Market Restraints
5 Malaysia Solar Water Heater Market Trends
6 Malaysia Solar Water Heater Market, By Types
6.1 Malaysia Solar Water Heater Market, By Technology
6.1.1 Overview and Analysis
6.1.2 Malaysia Solar Water Heater Market Revenues & Volume, By Technology, 2022-2032F
6.1.3 Malaysia Solar Water Heater Market Revenues & Volume, By Evacuated Tube Collector, 2022-2032F
6.1.4 Malaysia Solar Water Heater Market Revenues & Volume, By Flat Plate Collector, 2022-2032F
6.1.5 Malaysia Solar Water Heater Market Revenues & Volume, By Unglazed Water Collector, 2022-2032F
6.2 Malaysia Solar Water Heater Market, By Application
6.2.1 Overview and Analysis
6.2.2 Malaysia Solar Water Heater Market Revenues & Volume, By Residential, 2022-2032F
6.2.3 Malaysia Solar Water Heater Market Revenues & Volume, By Commercial, 2022-2032F
6.2.4 Malaysia Solar Water Heater Market Revenues & Volume, By Industrial, 2022-2032F
6.3 Malaysia Solar Water Heater Market, By System
6.3.1 Overview and Analysis
6.3.2 Malaysia Solar Water Heater Market Revenues & Volume, By Thermosyphon, 2022-2032F
6.3.3 Malaysia Solar Water Heater Market Revenues & Volume, By Pumped, 2022-2032F
7 Malaysia Solar Water Heater Market Import-Export Trade Statistics
7.1 Malaysia Solar Water Heater Market Export to Major Countries
7.2 Malaysia Solar Water Heater Market Imports from Major Countries
8 Malaysia Solar Water Heater Market Key Performance Indicators
9 Malaysia Solar Water Heater Market - Opportunity Assessment
9.1 Malaysia Solar Water Heater Market Opportunity Assessment, By Technology, 2022 & 2032F
9.2 Malaysia Solar Water Heater Market Opportunity Assessment, By Application, 2022 & 2032F
9.3 Malaysia Solar Water Heater Market Opportunity Assessment, By System, 2022 & 2032F
10 Malaysia Solar Water Heater Market - Competitive Landscape
10.1 Malaysia Solar Water Heater Market Revenue Share, By Companies, 2025
10.2 Malaysia Solar Water Heater Market Competitive Benchmarking, By Operating and Technical Parameters
11 Company Profiles
12 Recommendations
13 Disclaimer
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