Global Solar Water Pump Systems Market Analysis & Trends - Industry Forecast to 2030

Global Solar Water Pump Systems Market Analysis & Trends - Industry Forecast to 2030


Solar Water Pump Systems: Market Size

From $1.5 billion in 2024, the global Solar Water Pump Systems market is projected to reach $3.4 billion by 2030. Based on our analysis the market is expected to grow at a CAGR of 14.6% from 2024 - 2030 timeframe. Some of the prominent trends that the market is witnessing include increasing adoption of renewable energy technologies, growing awareness regarding clean energy sources, and rising demand for energy.

Global Solar Water Pump Systems Market: Market Dynamics

The investment for infrastructural developments is the major demand driving factor of the market. During the next decade, the infrastructure is growing at an exponential rate. Many governments are supporting the generation of clean and renewable energy. As part of the governmental initiative, water storage, water extraction and water recycling are crucial measures. The environmental organizations are approaching the government to invest more in energy-efficient solar-water pumps. This support by the government is also another demand driving factor of the solar water pumps market.

On the other hand, the high cost of installation is likely to obstruct the profit boundaries. In addition, increasing rate of urbanization will further boost for the Solar Water Pump Systems market.

Impact of COVID-19 on Solar Water Pump Systems

The Covid-19 solar water pumps market trends show a decrease. The factors responsible for the decrease are fewer investments and economic fluctuations. Due to the pandemic, the demand and supply chain of the solar water pumps market is severely affected. The price reduction is another covid effect on this market.

By Pump Type

Submersible Pump Segment Dominate the Market in 2024

The submersible pump segment made huge revenue in 2024 and growing its prominence during the forecast period. Submersible pumps are located deep below the ground level and their suction head is beyond a depth of 10 meters, so it can lift water from significantly deeper sources.

By Geography

Asia Pacific Region is Leading in the Global Market Place

Asia Pacific region is likely to have a huge demand in the forecast period owing to the increasing power demand and need for drinking safe water. The increasing awareness of the potential benefits of this technology has compelled a number of countries in the region to accelerate the deployment of solar water pump.

List of the Key Players Profiled in the Market Include:

• C.R.I. Pumps Private Ltd.
• Kirloskar Brothers Ltd.
• Advanced Power Inc.
• Bright Solar Ltd
• Tata Power Company Ltd.
• Bernt Lorentz GmbH
• KSB Ltd
• Shakti Pumps (India) Ltd.

List of the Regions/Countries Profiled in the Market Include:

North America
• US
• Canada
• Mexico
Europe
• Germany
• U.K
• Italy
• France
• Spain
• Rest of Europe
Asia Pacific
• China
• Japan
• India
• Australia
• New Zealand
• Rest of Asia Pacific
Middle East
• Saudi Arabia
• UAE
• Rest of Middle East
Latin America
• Argentina
• Brazil
• Rest of Latin America
Rest of the World (RoW)
• South Africa
• Others


1 Market Outline
1.1 Definition
1.2 Market Segmentation & Scope
1.3 Market Trends
1.4 Regulatory Factors
1.5 Application Analysis
1.6 Strategic Benchmarking
1.7 Opportunity Analysis
2 Executive Summary
3 Research Methodology and Data Source
3.1 Methodology/Research Approach
3.1.1 Research Programs/Design
3.1.2 Market Size Estimation
3.2 Data Source and Assumptions
3.2.1 Purchased Database
3.2.2 Company Repository
3.2.3 Secondary Sources
3.2.4 Primary Research
3.2.5 List of Assumptions
4 Market Overview
4.1 Current Trends
4.1.1 Increasing Adoption of Renewable Energy Technologies
4.1.2 Growing Awareness Regarding Clean Energy Sources
4.1.3 Rising Demand for Energy
4.1.4 Growth Opportunities/Investment Opportunities
4.2 Drivers
4.3 Constraints
4.4 Impact of COVID-19
5 Market Factor Analysis
5.1 Porters Five Forces
5.1.1 Bargaining power of suppliers
5.1.2 Bargaining power of buyers
5.1.3 Threat of substitutes
5.1.4 Threat of new entrants
5.1.5 Competitive rivalry
5.2 Value Chain Analysis/Supply Chain Analysis
6 Consumer behaviour analysis/Consumer Research
6.1 Consumer trends and preferences
6.2 Factors affecting buying decision
6.3 Consumer product adoption
6.4 Observation & Recommendations
7 Solar Water Pump Systems Market, By Pump Type
7.1 Submersible Pump
DATA TABLE Submersible Pump Market Forecast to 2030 (US$ MN)
7.2 Surface Pump
DATA TABLE Surface Pump Market Forecast to 2030 (US$ MN)
7.3 Floating Pump
DATA TABLE Floating Pump Market Forecast to 2030 (US$ MN)
8 Solar Water Pump Systems Market, By Current Type
8.1 Direct Current (DC) Pumps
DATA TABLE Direct Current (DC) Pumps Market Forecast to 2030 (US$ MN)
8.2 Alternating Current (AC) Pumps
DATA TABLE Alternating Current (AC) Pumps Market Forecast to 2030 (US$ MN)
9 Solar Water Pump Systems Market, By Application
9.1 Agriculture
DATA TABLE Agriculture Market Forecast to 2030 (US$ MN)
9.2 Industrial
DATA TABLE Industrial Market Forecast to 2030 (US$ MN)
9.3 Drinking Water Supply
DATA TABLE Drinking Water Supply Market Forecast to 2030 (US$ MN)
10 Solar Water Pump Systems Market, By Geography
10.1 North America
DATA TABLE North America Market Forecast by Countries to 2030 (US$ MN)
10.1.1 US
10.1.2 Canada
10.1.3 Mexico
10.2 Europe
DATA TABLE Europe Market Forecast by Countries to 2030 (US$ MN)
10.2.1 Germany
10.2.2 U.K
10.2.3 Italy
10.2.4 France
10.2.5 Spain
10.2.6 Rest of Europe
10.3 Asia Pacific
DATA TABLE Asia Pacific Market Forecast by Countries to 2030 (US$ MN)
10.3.1 China
10.3.2 Japan
10.3.3 India
10.3.4 Australia
10.3.5 New Zealand
10.3.6 Rest of Asia Pacific
10.4 Middle East
DATA TABLE Middle East Market Forecast by Countries to 2030 (US$ MN)
10.4.1 Saudi Arabia
10.4.2 UAE
10.4.3 Rest of Middle East
10.5 Latin America
DATA TABLE Latin America Market Forecast by Countries to 2030 (US$ MN)
10.5.1 Argentina
10.5.2 Brazil
10.5.3 Rest of Latin America
10.6 Rest of the World (RoW)
DATA TABLE Rest of the World (RoW) Market Forecast by Countries to 2030 (US$ MN)
10.6.1 South Africa
10.6.2 Others
11 Key Player Activities
11.1 Acquisitions & Mergers
11.2 Agreements, Partnerships, Collaborations and Joint Ventures
11.3 Product Launch & Expansions
11.4 Other Activities
12 Leading Companies
12.1 C.R.I. Pumps Private Ltd.
12.2 Kirloskar Brothers Ltd.
12.3 Advanced Power Inc.
12.4 Bright Solar Ltd
12.5 Tata Power Company Ltd.
12.6 Bernt Lorentz GmbH
12.7 KSB Ltd
12.8 Shakti Pumps (India) Ltd.
List of Tables
Table 1 Global Solar Water Pump Systems Market By Region, Market Forecast (2022-2030) (US $MN)
Table 2 Global Solar Water Pump Systems Market By Pump Type, Market Forecast (2022-2030) (US $MN)
Table 3 Global Solar Water Pump Systems Market By Submersible Pump, Market Forecast (2022-2030) (US $MN)
Table 4 Global Solar Water Pump Systems Market By Surface Pump, Market Forecast (2022-2030) (US $MN)
Table 5 Global Solar Water Pump Systems Market By Floating Pump, Market Forecast (2022-2030) (US $MN)
Table 6 Global Solar Water Pump Systems Market By Current Type, Market Forecast (2022-2030) (US $MN)
Table 7 Global Solar Water Pump Systems Market By Direct Current (DC) Pumps, Market Forecast (2022-2030) (US $MN)
Table 8 Global Solar Water Pump Systems Market By Alternating Current (AC) Pumps, Market Forecast (2022-2030) (US $MN)
Table 9 Global Solar Water Pump Systems Market By Application, Market Forecast (2022-2030) (US $MN)
Table 10 Global Solar Water Pump Systems Market By Agriculture, Market Forecast (2022-2030) (US $MN)
Table 11 Global Solar Water Pump Systems Market By Industrial, Market Forecast (2022-2030) (US $MN)
Table 12 Global Solar Water Pump Systems Market By Drinking Water Supply, Market Forecast (2022-2030) (US $MN)
Table 13 North America Solar Water Pump Systems Market By Country, Market Forecast (2022-2030) (US $MN)
Table 14 North America Solar Water Pump Systems Market By Pump Type, Market Forecast (2022-2030) (US $MN)
Table 15 North America Solar Water Pump Systems Market By Submersible Pump, Market Forecast (2022-2030) (US $MN)
Table 16 North America Solar Water Pump Systems Market By Surface Pump, Market Forecast (2022-2030) (US $MN)
Table 17 North America Solar Water Pump Systems Market By Floating Pump, Market Forecast (2022-2030) (US $MN)
Table 18 North America Solar Water Pump Systems Market By Current Type, Market Forecast (2022-2030) (US $MN)
Table 19 North America Solar Water Pump Systems Market By Direct Current (DC) Pumps, Market Forecast (2022-2030) (US $MN)
Table 20 North America Solar Water Pump Systems Market By Alternating Current (AC) Pumps, Market Forecast (2022-2030) (US $MN)
Table 21 North America Solar Water Pump Systems Market By Application, Market Forecast (2022-2030) (US $MN)
Table 22 North America Solar Water Pump Systems Market By Agriculture, Market Forecast (2022-2030) (US $MN)
Table 23 North America Solar Water Pump Systems Market By Industrial, Market Forecast (2022-2030) (US $MN)
Table 24 North America Solar Water Pump Systems Market By Drinking Water Supply, Market Forecast (2022-2030) (US $MN)
Table 25 Europe Solar Water Pump Systems Market By Country, Market Forecast (2022-2030) (US $MN)
Table 26 Europe Solar Water Pump Systems Market By Pump Type, Market Forecast (2022-2030) (US $MN)
Table 27 Europe Solar Water Pump Systems Market By Submersible Pump, Market Forecast (2022-2030) (US $MN)
Table 28 Europe Solar Water Pump Systems Market By Surface Pump, Market Forecast (2022-2030) (US $MN)
Table 29 Europe Solar Water Pump Systems Market By Floating Pump, Market Forecast (2022-2030) (US $MN)
Table 30 Europe Solar Water Pump Systems Market By Current Type, Market Forecast (2022-2030) (US $MN)
Table 31 Europe Solar Water Pump Systems Market By Direct Current (DC) Pumps, Market Forecast (2022-2030) (US $MN)
Table 32 Europe Solar Water Pump Systems Market By Alternating Current (AC) Pumps, Market Forecast (2022-2030) (US $MN)
Table 33 Europe Solar Water Pump Systems Market By Application, Market Forecast (2022-2030) (US $MN)
Table 34 Europe Solar Water Pump Systems Market By Agriculture, Market Forecast (2022-2030) (US $MN)
Table 35 Europe Solar Water Pump Systems Market By Industrial, Market Forecast (2022-2030) (US $MN)
Table 36 Europe Solar Water Pump Systems Market By Drinking Water Supply, Market Forecast (2022-2030) (US $MN)
Table 37 Asia Pacific Solar Water Pump Systems Market By Country, Market Forecast (2022-2030) (US $MN)
Table 38 Asia Pacific Solar Water Pump Systems Market By Pump Type, Market Forecast (2022-2030) (US $MN)
Table 39 Asia Pacific Solar Water Pump Systems Market By Submersible Pump, Market Forecast (2022-2030) (US $MN)
Table 40 Asia Pacific Solar Water Pump Systems Market By Surface Pump, Market Forecast (2022-2030) (US $MN)
Table 41 Asia Pacific Solar Water Pump Systems Market By Floating Pump, Market Forecast (2022-2030) (US $MN)
Table 42 Asia Pacific Solar Water Pump Systems Market By Current Type, Market Forecast (2022-2030) (US $MN)
Table 43 Asia Pacific Solar Water Pump Systems Market By Direct Current (DC) Pumps, Market Forecast (2022-2030) (US $MN)
Table 44 Asia Pacific Solar Water Pump Systems Market By Alternating Current (AC) Pumps, Market Forecast (2022-2030) (US $MN)
Table 45 Asia Pacific Solar Water Pump Systems Market By Application, Market Forecast (2022-2030) (US $MN)
Table 46 Asia Pacific Solar Water Pump Systems Market By Agriculture, Market Forecast (2022-2030) (US $MN)
Table 47 Asia Pacific Solar Water Pump Systems Market By Industrial, Market Forecast (2022-2030) (US $MN)
Table 48 Asia Pacific Solar Water Pump Systems Market By Drinking Water Supply, Market Forecast (2022-2030) (US $MN)
Table 49 Middle East Solar Water Pump Systems Market By Country, Market Forecast (2022-2030) (US $MN)
Table 50 Middle East Solar Water Pump Systems Market By Pump Type, Market Forecast (2022-2030) (US $MN)
Table 51 Middle East Solar Water Pump Systems Market By Submersible Pump, Market Forecast (2022-2030) (US $MN)
Table 52 Middle East Solar Water Pump Systems Market By Surface Pump, Market Forecast (2022-2030) (US $MN)
Table 53 Middle East Solar Water Pump Systems Market By Floating Pump, Market Forecast (2022-2030) (US $MN)
Table 54 Middle East Solar Water Pump Systems Market By Current Type, Market Forecast (2022-2030) (US $MN)
Table 55 Middle East Solar Water Pump Systems Market By Direct Current (DC) Pumps, Market Forecast (2022-2030) (US $MN)
Table 56 Middle East Solar Water Pump Systems Market By Alternating Current (AC) Pumps, Market Forecast (2022-2030) (US $MN)
Table 57 Middle East Solar Water Pump Systems Market By Application, Market Forecast (2022-2030) (US $MN)
Table 58 Middle East Solar Water Pump Systems Market By Agriculture, Market Forecast (2022-2030) (US $MN)
Table 59 Middle East Solar Water Pump Systems Market By Industrial, Market Forecast (2022-2030) (US $MN)
Table 60 Middle East Solar Water Pump Systems Market By Drinking Water Supply, Market Forecast (2022-2030) (US $MN)
Table 61 Latin America Solar Water Pump Systems Market By Country, Market Forecast (2022-2030) (US $MN)
Table 62 Latin America Solar Water Pump Systems Market By Pump Type, Market Forecast (2022-2030) (US $MN)
Table 63 Latin America Solar Water Pump Systems Market By Submersible Pump, Market Forecast (2022-2030) (US $MN)
Table 64 Latin America Solar Water Pump Systems Market By Surface Pump, Market Forecast (2022-2030) (US $MN)
Table 65 Latin America Solar Water Pump Systems Market By Floating Pump, Market Forecast (2022-2030) (US $MN)
Table 66 Latin America Solar Water Pump Systems Market By Current Type, Market Forecast (2022-2030) (US $MN)
Table 67 Latin America Solar Water Pump Systems Market By Direct Current (DC) Pumps, Market Forecast (2022-2030) (US $MN)
Table 68 Latin America Solar Water Pump Systems Market By Alternating Current (AC) Pumps, Market Forecast (2022-2030) (US $MN)
Table 69 Latin America Solar Water Pump Systems Market By Application, Market Forecast (2022-2030) (US $MN)
Table 70 Latin America Solar Water Pump Systems Market By Agriculture, Market Forecast (2022-2030) (US $MN)
Table 71 Latin America Solar Water Pump Systems Market By Industrial, Market Forecast (2022-2030) (US $MN)
Table 72 Latin America Solar Water Pump Systems Market By Drinking Water Supply, Market Forecast (2022-2030) (US $MN)
Table 73 Rest of the World (RoW) Solar Water Pump Systems Market By Country, Market Forecast (2022-2030) (US $MN)
Table 74 Rest of the World (RoW) Solar Water Pump Systems Market By Pump Type, Market Forecast (2022-2030) (US $MN)
Table 75 Rest of the World (RoW) Solar Water Pump Systems Market By Submersible Pump, Market Forecast (2022-2030) (US $MN)
Table 76 Rest of the World (RoW) Solar Water Pump Systems Market By Surface Pump, Market Forecast (2022-2030) (US $MN)
Table 77 Rest of the World (RoW) Solar Water Pump Systems Market By Floating Pump, Market Forecast (2022-2030) (US $MN)
Table 78 Rest of the World (RoW) Solar Water Pump Systems Market By Current Type, Market Forecast (2022-2030) (US $MN)
Table 79 Rest of the World (RoW) Solar Water Pump Systems Market By Direct Current (DC) Pumps, Market Forecast (2022-2030) (US $MN)
Table 80 Rest of the World (RoW) Solar Water Pump Systems Market By Alternating Current (AC) Pumps, Market Forecast (2022-2030) (US $MN)
Table 81 Rest of the World (RoW) Solar Water Pump Systems Market By Application, Market Forecast (2022-2030) (US $MN)
Table 82 Rest of the World (RoW) Solar Water Pump Systems Market By Agriculture, Market Forecast (2022-2030) (US $MN)
Table 83 Rest of the World (RoW) Solar Water Pump Systems Market By Industrial, Market Forecast (2022-2030) (US $MN)
Table 84 Rest of the World (RoW) Solar Water Pump Systems Market By Drinking Water Supply, Market Forecast (2022-2030) (US $MN)

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