Solar Water Pump Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Solar Water Pump Market
The Solar Water Pump Market size was valued at USD 2.38 billion in 2020. The market is projected to grow from USD 2.86 billion in 2021 to USD 5.64 billion in 2028 at a CAGR of 10.2% during the forecast period of 2024-2032.
The COVID-19 pandemic disrupted the sun water pump market to start with because of deliver chain interruptions, not on time tasks, and tough paintings shortages. However, as the focus shifted towards sustainable strength answers, the demand for solar water pumps rebounded, in particular in agriculture and far off regions. Governments and corporations emphasized renewable power, and monetary incentives were delivered, accelerating marketplace healing. The pandemic highlighted the importance of dependable and off-grid water belongings, making sun pumps a desired preference for lowering operational expenses and improving water accessibility in rural and semi-town regions.
One of the current developments inside the sun water pump marketplace is the integration of clever technology. Manufacturers are actually providing sun water pumps with IoT-enabled systems for a ways flung monitoring and manipulate. These clever pumps provide actual-time records on water ranges, pump performance, and power consumption, bearing in mind predictive upkeep and inexperienced water manipulate. The fashion aligns with the growing call for for automation in agriculture and water control, permitting users to optimize irrigation schedules, lessen water wastage, and decorate the overall efficiency of sun pumping systems.
The developing awareness on sustainable agriculture is a high driving trouble within the sun water pump market. With growing worries approximately weather trade and water shortage, farmers are turning to eco-friendly irrigation answers to reinforce crop productiveness. Solar water pumps offer a value-powerful and sustainable opportunity to diesel-powered pumps, lowering carbon emissions and dependency on fossil fuels. Government projects and subsidies selling solar energy adoption in rural areas have further propelled marketplace boom, as they assist farmers get proper of access to cheaper and reliable water sources, therefore improving agricultural output and income.
Comprehensive Analysis of Solar Water Pump Market
The Solar Water Pump Market growth is rising at an exponential rate due to its marketplace segmentation. This market expansion correctly affords a detailed local assessments thinking about the dominant supply and call for forces that effect the enterprise. These segmentations are methodically segregated by type, by motor type, by power rating, by application. By Type include Submersible Pump, Surface Pump. By Motor Type include AC Pumps, DC Pumps. By Power Rating include Upto 5 HP, 5 HP to 10 HP, 10 HP to 20 HP, More than 20 HP .By Application include Agriculture ,Water Treatment, Others.
The Asia Pacific location lead the Solar Water Pump Market share percentage via benefitting a marketplace size of USD 1.45 billion The geographical distribution of solar water pumps reflects general economic activity, despite rapid growth in some countries, particularly in India, China, and Sub-Saharan Africa. .
The top players in the market play a crucial role in the industry assuring market growth and setting market standards. These players include, Google LLC (Alphabet, Inc.), Magic Leap, Inc., ReWalk Robotics, SAMSUNG, B-Temia, Panasonic Holdings Corporation, NVIDIA Corporation, Microsoft, Ekso Bionics, Vuzix,these market players provide a level-playing competitive landscape.
April 2021 - C.S.C. Partnered with Tata Power to install solar-powered microgrids and water pumps. The partnership will allow Tata Power to bring generation and economic power to installation the dispensed, small-scale solar power structures in rural areas and offer round-the-clock electricity deliver to families and companies. Whereas, C.S.C. Brings to the partnership village-stage marketers to offer short, low-fee service, and guide rural consumers with disbursed sun electricity deliver
Segmentation Table
ATTRIBUTE
DETAILS
Study Period
2017-2028
Base Year
2020
Estimated Year
2021
Forecast Period
2021-2028
Historical Period
2017-2019
Unit
Value (USD Billion)
Segmentation
By Type, Motor Type, Power Rating, Application, and Region
Segmentation
By Type
Submersible Pump
Surface Pump
By Motor Type
AC Pumps
DC Pumps
By Power Rating
Up to 5 HP
5 HP to 10 HP
10 HP to 20 HP
More than 20 HP
By Application
Agriculture
Water Treatment
Others
By Region
Asia Pacific (By Type, By Motor Type, By Power Rating, By Application, and by Country)
- China (By Application)
- India(By Application)
- Southeast Asia (By Application)
- Rest of Asia Pacific (By Application)
- Brazil (By Application)
- Mexico (By Application)
- Rest of Latin America (By Application)
- G.C.C. (By Application)
- South Africa (By Application)
- Rest of Middle East & Africa (By Application)
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions & Assumptions
- 2. Executive Summary
- 3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
- 4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Insight on Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
- 5. Qualitative Analysis – Impact of COVID-19
- 5.1. Impact of COVID-19 on the Solar Water Pump Market
- 5.2. Steps Taken by the Government to Overcome the Impact
- 5.3. Key Developments in the Industry in Response to COVID-19
- 5.4. Potential Opportunities and Challenges due to COVID-19 Outbreak
- 6. Global Solar Water Pump Market (USD Billion) Analysis, Insights, and Forecast, 2017-2028
- 6.1. Key Findings
- 6.2. Market Analysis, Insights and Forecast – By Type
- 6.2.1. Submersible Pump
- 6.2.2. Surface Pump
- 6.3. Market Analysis, Insights and Forecast – By Motor Type
- 6.3.1. AC Pumps
- 6.3.2. DC Pumps
- 6.4. Market Analysis, Insights and Forecast – By Power Rating
- 6.4.1. Upto 5 HP
- 6.4.2. 5 HP to 10 HP
- 6.4.3. 10 HP to 20 HP
- 6.4.4. Above 20 HP
- 6.5. Market Analysis, Insights, and Forecast – By Applications
- 6.5.1. Agriculture
- 6.5.2. Water Treatment
- 6.5.3. Others
- 6.6. Market Analysis, Insights, and Forecast – By Region
- 6.6.1. Asia Pacific
- 6.6.2. Latin America
- 6.6.3. Middle East & Africa
- 6.6.4. Rest of the World
- 7. Asia Pacific Solar Water Pump Market (USD Billion) Analysis, Insights, and Forecast, 2017-2028
- 7.1. Key Findings
- 7.2. Market Analysis, Insights and Forecast – By Type
- 7.2.1. Submersible Pump
- 7.2.2. Surface Pump
- 7.3. Market Analysis, Insights and Forecast – By Motor Type
- 7.3.1. AC Pumps
- 7.3.2. DC Pumps
- 7.4. Market Analysis, Insights and Forecast – By Power Rating
- 7.4.1. Upto 5 HP
- 7.4.2. 5 HP to 10 HP
- 7.4.3. 10 HP to 20 HP
- 7.4.4. Above 20 HP
- 7.5. Market Analysis, Insights, and Forecast – By Applications
- 7.5.1. Agriculture
- 7.5.2. Water Treatment
- 7.5.3. Others
- 7.6. Market Analysis, Insights and Forecast – By Country
- 7.6.1. China Market Analysis, Insights and Forecast – By Applications
- 7.6.1.1. Agriculture
- 7.6.1.2. Water Treatment
- 7.6.1.3. Others
- 7.6.2. India Market Analysis, Insights and Forecast – By Applications
- 7.6.2.1. Agriculture
- 7.6.2.2. Water Treatment
- 7.6.2.3. Others
- 7.6.3. Southeast Asia Market Analysis, Insights and Forecast – By Applications
- 7.6.3.1. Agriculture
- 7.6.3.2. Water Treatment
- 7.6.3.3. Others
- 7.6.4. Rest of Asia Pacific Market Analysis, Insights and Forecast – By Applications
- 7.6.4.1. Agriculture
- 7.6.4.2. Water Treatment
- 7.6.4.3. Others
- 8. Latin America Solar Water Pump Market (USD Billion) Analysis, Insights, and Forecast, 2017-2028
- 8.1. Key Findings
- 8.2. Market Analysis, Insights and Forecast – By Type
- 8.2.1. Submersible Pump
- 8.2.2. Surface Pump
- 8.3. Market Analysis, Insights and Forecast – By Motor Type
- 8.3.1. AC Pumps
- 8.3.2. DC Pumps
- 8.4. Market Analysis, Insights and Forecast – By Power Rating
- 8.4.1. Upto 5 HP
- 8.4.2. 5 HP to 10 HP
- 8.4.3. 10 HP to 20 HP
- 8.4.4. Above 20 HP
- 8.5. Market Analysis, Insights, and Forecast – By Applications
- 8.5.1. Agriculture
- 8.5.2. Water Treatment
- 8.5.3. Others
- 8.6. Market Analysis, Insights, and Forecast – By Country
- 8.6.1. Brazil Market Analysis, Insights and Forecast – By Applications
- 8.6.1.1. Agriculture
- 8.6.1.2. Water Treatment
- 8.6.1.3. Others
- 8.6.2. Mexico Market Analysis, Insights and Forecast – By Applications
- 8.6.2.1. Agriculture
- 8.6.2.2. Water Treatment
- 8.6.2.3. Others
- 8.6.3. Rest of Latin America Market Analysis, Insights and Forecast – By Applications
- 8.6.3.1. Agriculture
- 8.6.3.2. Water Treatment
- 8.6.3.3. Others
- 9. Middle East & Africa Solar Water Pump Market (USD Billion) Analysis, Insights, and Forecast, 2017-2028
- 9.1. Key Findings
- 9.2. Market Analysis, Insights and Forecast – By Type
- 9.2.1. Submersible Pump
- 9.2.2. Surface Pump
- 9.3. Market Analysis, Insights and Forecast – By Motor Type
- 9.3.1. AC Pumps
- 9.3.2. DC Pumps
- 9.4. Market Analysis, Insights and Forecast – By Power Rating
- 9.4.1. Upto 5 HP
- 9.4.2. 5 HP to 10 HP
- 9.4.3. 10 HP to 20 HP
- 9.4.4. Above 20 HP
- 9.5. Market Analysis, Insights, and Forecast – By Applications
- 9.5.1. Agriculture
- 9.5.2. Water Treatment
- 9.5.3. Others
- 9.6. Market Insights and Forecast – By Country
- 9.6.1. GCC Market Analysis, Insights and Forecast – By Applications
- 9.6.1.1. Agriculture
- 9.6.1.2. Water Treatment
- 9.6.1.3. Others
- 9.6.2. South Africa Market Analysis, Insights and Forecast – By Applications
- 9.6.2.1. Agriculture
- 9.6.2.2. Water Treatment
- 9.6.2.3. Others
- 9.6.3. Rest of the Middle East & Africa Market Analysis, Insights and Forecast – By Applications
- 9.6.3.1. Agriculture
- 9.6.3.2. Water Treatment
- 9.6.3.3. Others
- 10. Rest of the World Solar Water Pump Market (USD Billion) Analysis, Insights, and Forecast, 2017-2028
- 10.1. Key Findings
- 10.2. Market Analysis, Insights and Forecast – By Type
- 10.2.1. Submersible Pump
- 10.2.2. Surface Pump
- 10.3. Market Analysis, Insights and Forecast – By Motor Type
- 10.3.1. AC Pumps
- 10.3.2. DC Pumps
- 10.4. Market Analysis, Insights and Forecast – By Power Rating
- 10.4.1. Upto 5 HP
- 10.4.2. 5 HP to 10 HP
- 10.4.3. 10 HP to 20 HP
- 10.4.4. Above 20 HP
- 10.5. Market Analysis, Insights, and Forecast – By Applications
- 10.5.1. Agriculture
- 10.5.2. Water Treatment
- 10.5.3. Others
- 11. Competitive Analysis
- 11.1. Company Market Share Analysis, 2020
- 11.2. Company Profile
- 11.2.1. Alpex Solar Pumps
- 11.2.1.1. Business Overview
- 11.2.1.2. Product Applications, & Services
- 11.2.1.3. Financials
- 11.2.1.4. Recent Developments
- 11.2.2. Aqua Group
- 11.2.2.1. Business Overview
- 11.2.2.2. Product Applications, & Services
- 11.2.2.3. Financials
- 11.2.2.4. Recent Developments
- 11.2.3. Bright Solar Limited
- 11.2.3.1. Business Overview
- 11.2.3.2. Product Applications, & Services
- 11.2.3.3. Financials
- 11.2.3.4. Recent Developments
- 11.2.4. C.R.I. Pumps Private Limited
- 11.2.4.1. Business Overview
- 11.2.4.2. Product Applications, & Services
- 11.2.4.3. Financials
- 11.2.4.4. Recent Developments
- 11.2.5. Crompton
- 11.2.5.1. Business Overview
- 11.2.5.2. Product Applications, & Services
- 11.2.5.3. Financials
- 11.2.5.4. Recent Developments
- 11.2.6. LORENTZ
- 11.2.6.1. Business Overview
- 11.2.6.2. Product Applications, & Services
- 11.2.6.3. Financials
- 11.2.6.4. Recent Developments
- 11.2.7. Dankoff Solar
- 11.2.7.1. Business Overview
- 11.2.7.2. Product Applications, & Services
- 11.2.7.3. Financials
- 11.2.7.4. Recent Developments
- 11.2.8. Duke Plasto Technique Private Limited
- 11.2.8.1. Business Overview
- 11.2.8.2. Product Applications, & Services
- 11.2.8.3. Financials
- 11.2.8.4. Recent Developments
- 11.2.9. EcoSoach
- 11.2.9.1. Business Overview
- 11.2.9.2. Product Applications, & Services
- 11.2.9.3. Financials
- 11.2.9.4. Recent Developments
- 11.2.10. Ecozen Solutions
- 11.2.10.1. Business Overview
- 11.2.10.2. Product Applications, & Services
- 11.2.10.3. Financials
- 11.2.10.4. Recent Developments
- 11.2.11. Franklin Electric
- 11.2.11.1. Business Overview
- 11.2.11.2. Product Applications, & Services
- 11.2.11.3. Financials
- 11.2.11.4. Recent Developments
- 11.2.12. Grundfos
- 11.2.12.1. Business Overview
- 11.2.12.2. Product Applications, & Services
- 11.2.12.3. Financials
- 11.2.12.4. Recent Developments
- 11.2.13. Jackson Group
- 11.2.13.1. Business Overview
- 11.2.13.2. Product Applications, & Services
- 11.2.13.3. Financials
- 11.2.13.4. Recent Developments
- 11.2.14. KSB Limited
- 11.2.14.1. Business Overview
- 11.2.14.2. Product Applications, & Services
- 11.2.14.3. Financials
- 11.2.14.4. Recent Developments
- 11.2.15. Novergy Energy Solutions Pvt. Ltd.
- 11.2.15.1. Business Overview
- 11.2.15.2. Product Applications, & Services
- 11.2.15.3. Financials
- 11.2.15.4. Recent Developments
- 11.2.16. Shakti Pumps
- 11.2.16.1. Business Overview
- 11.2.16.2. Product Applications, & Services
- 11.2.16.3. Financials
- 11.2.16.4. Recent Developments
- 11.2.17. SunEdison Infrastructure
- 11.2.17.1. Business Overview
- 11.2.17.2. Product Applications, & Services
- 11.2.17.3. Financials
- 11.2.17.4. Recent Developments
- 11.2.18. Surya International
- 11.2.18.1. Business Overview
- 11.2.18.2. Product Applications, & Services
- 11.2.18.3. Financials
- 11.2.18.4. Recent Developments
- 11.2.19. Tata Power Solar
- 11.2.19.1. Business Overview
- 11.2.19.2. Product Applications, & Services
- 11.2.19.3. Financials
- 11.2.19.4. Recent Developments
- 11.2.20. Waaree Energies Ltd
- 11.2.20.1. Business Overview
- 11.2.20.2. Product Applications, & Services
- 11.2.20.3. Financials
- 11.2.20.4. Recent Developments
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