Solar Pump Market in India 2024-2028

Solar Pump Market In India 2024-2028


The solar pump market in india is forecasted to grow by USD 518.4 mn during 2023-2028, accelerating at a CAGR of 10% during the forecast period. The report on the solar pump market in india provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising dependence on renewable energy sources, easy installation, and rising government schemes in india.

Technavio's solar pump market in india is segmented as below:
  • By Product
  • Surface suction
  • Submersible
  • Floating
  • By End-user
  • Agriculture
  • Water management
  • Others
  • By Geographical Landscape
  • APAC
This study identifies the rising development of microgrid systems in india as one of the prime reasons driving the solar pump market in india growth during the next few years. Also, new product launches and increasing awareness in rural areas will lead to sizable demand in the market.

The report on the solar pump market in india covers the following areas:
  • Solar Pump Market in India sizing
  • Solar Pump Market in India forecast
  • Solar Pump Market in India industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading solar pump market in india vendors that include Amrut Energy Pvt. Ltd., Aquasub Engineering, BERNT LORENTZ GmbH, Bright Solar Ltd., C.R.I. Pumps Pvt. Ltd., Crompton Greaves Consumer Electricals Ltd., Falcon Pumps Pvt. Ltd., Grundfos Holding AS, Jyoty Solar Power, Lubi Solar, Novergy Energy Solutions Pvt. Ltd., Shakti Pumps India Ltd., SILRES Energy Solutions Pvt. Ltd., Tata Power Co. Ltd., Veer Pump Industries, and Waaree Energies Ltd.. Also, the solar pump market in india analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.


1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Country Market Characteristics
Executive Summary - Chart on Market Segmentation by Product
Executive Summary - Chart on Market Segmentation by End-user
Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
Parent Market
Data Table on - Parent Market
2.2 Market characteristics
Market characteristics analysis
2.3 Value chain analysis
Value Chain Analysis
3 Market Sizing
3.1 Market definition
Offerings of companies included in the market definition
3.2 Market segment analysis
Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Chart on India - Market size and forecast 2023-2028 ($ million)
Data Table on India - Market size and forecast 2023-2028 ($ million)
Chart on India: Year-over-year growth 2023-2028 (%)
Data Table on India: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Solar Pump Market in India 2018 - 2022
Historic Market Size - Data Table on Solar Pump Market in India 2018 - 2022 ($ million)
4.2 Product segment analysis 2018 - 2022
Historic Market Size - Product Segment 2018 - 2022 ($ million)
4.3 End-user segment analysis 2018 - 2022
Historic Market Size - End-user Segment 2018 - 2022 ($ million)
5 Five Forces Analysis
5.1 Five forces summary
Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Product
6.1 Market segments
Chart on Product - Market share 2023-2028 (%)
Data Table on Product - Market share 2023-2028 (%)
6.2 Comparison by Product
Chart on Comparison by Product
Data Table on Comparison by Product
6.3 Surface suction - Market size and forecast 2023-2028
Chart on Surface suction - Market size and forecast 2023-2028 ($ million)
Data Table on Surface suction - Market size and forecast 2023-2028 ($ million)
Chart on Surface suction - Year-over-year growth 2023-2028 (%)
Data Table on Surface suction - Year-over-year growth 2023-2028 (%)
6.4 Submersible - Market size and forecast 2023-2028
Chart on Submersible - Market size and forecast 2023-2028 ($ million)
Data Table on Submersible - Market size and forecast 2023-2028 ($ million)
Chart on Submersible - Year-over-year growth 2023-2028 (%)
Data Table on Submersible - Year-over-year growth 2023-2028 (%)
6.5 Floating - Market size and forecast 2023-2028
Chart on Floating - Market size and forecast 2023-2028 ($ million)
Data Table on Floating - Market size and forecast 2023-2028 ($ million)
Chart on Floating - Year-over-year growth 2023-2028 (%)
Data Table on Floating - Year-over-year growth 2023-2028 (%)
6.6 Market opportunity by Product
Market opportunity by Product ($ million)
Data Table on Market opportunity by Product ($ million)
7 Market Segmentation by End-user
7.1 Market segments
Chart on End-user - Market share 2023-2028 (%)
Data Table on End-user - Market share 2023-2028 (%)
7.2 Comparison by End-user
Chart on Comparison by End-user
Data Table on Comparison by End-user
7.3 Agriculture - Market size and forecast 2023-2028
Chart on Agriculture - Market size and forecast 2023-2028 ($ million)
Data Table on Agriculture - Market size and forecast 2023-2028 ($ million)
Chart on Agriculture - Year-over-year growth 2023-2028 (%)
Data Table on Agriculture - Year-over-year growth 2023-2028 (%)
7.4 Water management - Market size and forecast 2023-2028
Chart on Water management - Market size and forecast 2023-2028 ($ million)
Data Table on Water management - Market size and forecast 2023-2028 ($ million)
Chart on Water management - Year-over-year growth 2023-2028 (%)
Data Table on Water management - Year-over-year growth 2023-2028 (%)
7.5 Others - Market size and forecast 2023-2028
Chart on Others - Market size and forecast 2023-2028 ($ million)
Data Table on Others - Market size and forecast 2023-2028 ($ million)
Chart on Others - Year-over-year growth 2023-2028 (%)
Data Table on Others - Year-over-year growth 2023-2028 (%)
7.6 Market opportunity by End-user
Market opportunity by End-user ($ million)
Data Table on Market opportunity by End-user ($ million)
8 Customer Landscape
8.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Drivers, Challenges, and Opportunity/Restraints
9.1 Market drivers
9.2 Market challenges
9.3 Impact of drivers and challenges
Impact of drivers and challenges in 2023 and 2028
9.4 Market opportunities/restraints
10 Competitive Landscape
10.1 Overview
10.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
10.3 Landscape disruption
Overview on factors of disruption
10.4 Industry risks
Impact of key risks on business
11 Competitive Analysis
11.1 Companies profiled
Companies covered
11.2 Market positioning of companies
Matrix on companies position and classification
11.3 Aquasub Engineering
Aquasub Engineering - Overview
Aquasub Engineering - Product / Service
Aquasub Engineering - Key offerings
11.4 Bright Solar Ltd.
Bright Solar Ltd. - Overview
Bright Solar Ltd. - Business segments
Bright Solar Ltd. - Key offerings
Bright Solar Ltd. - Segment focus
11.5 C.R.I. Pumps Pvt. Ltd.
C.R.I. Pumps Pvt. Ltd. - Overview
C.R.I. Pumps Pvt. Ltd. - Product / Service
C.R.I. Pumps Pvt. Ltd. - Key offerings
11.6 Falcon Pumps Pvt. Ltd.
Falcon Pumps Pvt. Ltd. - Overview
Falcon Pumps Pvt. Ltd. - Product / Service
Falcon Pumps Pvt. Ltd. - Key offerings
11.7 Lubi Solar
Lubi Solar - Overview
Lubi Solar - Product / Service
Lubi Solar - Key offerings
11.8 Novergy Energy Solutions Pvt. Ltd.
Novergy Energy Solutions Pvt. Ltd. - Overview
Novergy Energy Solutions Pvt. Ltd. - Product / Service
Novergy Energy Solutions Pvt. Ltd. - Key offerings
11.9 Shakti Pumps India Ltd.
Shakti Pumps India Ltd. - Overview
Shakti Pumps India Ltd. - Product / Service
Shakti Pumps India Ltd. - Key offerings
11.10 SILRES Energy Solutions Pvt. Ltd.
SILRES Energy Solutions Pvt. Ltd. - Overview
SILRES Energy Solutions Pvt. Ltd. - Product / Service
SILRES Energy Solutions Pvt. Ltd. - Key offerings
11.11 Tata Power Co. Ltd.
Tata Power Co. Ltd. - Overview
Tata Power Co. Ltd. - Business segments
Tata Power Co. Ltd. - Key offerings
Tata Power Co. Ltd. - Segment focus
11.12 Waaree Energies Ltd.
Waaree Energies Ltd. - Overview
Waaree Energies Ltd. - Product / Service
Waaree Energies Ltd. - Key offerings
12 Appendix
12.1 Scope of the report
12.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
12.3 Currency conversion rates for US$
Currency conversion rates for US$
12.4 Research methodology
Research methodology
12.5 Data procurement
Information sources
12.6 Data validation
Data validation
12.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
12.8 Data synthesis
Data synthesis
12.9 360 degree market analysis
360 degree market analysis
12.10 List of abbreviations
List of abbreviations
Exhibits:
Exhibits1: Executive Summary - Chart on Market Overview
Exhibits2: Executive Summary - Data Table on Market Overview
Exhibits3: Executive Summary - Chart on Country Market Characteristics
Exhibits4: Executive Summary - Chart on Market Segmentation by Product
Exhibits5: Executive Summary - Chart on Market Segmentation by End-user
Exhibits6: Executive Summary - Chart on Company Market Positioning
Exhibits7: Parent Market
Exhibits8: Data Table on - Parent Market
Exhibits9: Market characteristics analysis
Exhibits10: Value Chain Analysis
Exhibits11: Offerings of companies included in the market definition
Exhibits12: Market segments
Exhibits13: Chart on India - Market size and forecast 2023-2028 ($ million)
Exhibits14: Data Table on India - Market size and forecast 2023-2028 ($ million)
Exhibits15: Chart on India: Year-over-year growth 2023-2028 (%)
Exhibits16: Data Table on India: Year-over-year growth 2023-2028 (%)
Exhibits17: Historic Market Size - Data Table on Solar Pump Market in India 2018 - 2022 ($ million)
Exhibits18: Historic Market Size - Product Segment 2018 - 2022 ($ million)
Exhibits19: Historic Market Size - End-user Segment 2018 - 2022 ($ million)
Exhibits20: Five forces analysis - Comparison between 2023 and 2028
Exhibits21: Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits22: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits23: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits24: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits25: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits26: Chart on Market condition - Five forces 2023 and 2028
Exhibits27: Chart on Product - Market share 2023-2028 (%)
Exhibits28: Data Table on Product - Market share 2023-2028 (%)
Exhibits29: Chart on Comparison by Product
Exhibits30: Data Table on Comparison by Product
Exhibits31: Chart on Surface suction - Market size and forecast 2023-2028 ($ million)
Exhibits32: Data Table on Surface suction - Market size and forecast 2023-2028 ($ million)
Exhibits33: Chart on Surface suction - Year-over-year growth 2023-2028 (%)
Exhibits34: Data Table on Surface suction - Year-over-year growth 2023-2028 (%)
Exhibits35: Chart on Submersible - Market size and forecast 2023-2028 ($ million)
Exhibits36: Data Table on Submersible - Market size and forecast 2023-2028 ($ million)
Exhibits37: Chart on Submersible - Year-over-year growth 2023-2028 (%)
Exhibits38: Data Table on Submersible - Year-over-year growth 2023-2028 (%)
Exhibits39: Chart on Floating - Market size and forecast 2023-2028 ($ million)
Exhibits40: Data Table on Floating - Market size and forecast 2023-2028 ($ million)
Exhibits41: Chart on Floating - Year-over-year growth 2023-2028 (%)
Exhibits42: Data Table on Floating - Year-over-year growth 2023-2028 (%)
Exhibits43: Market opportunity by Product ($ million)
Exhibits44: Data Table on Market opportunity by Product ($ million)
Exhibits45: Chart on End-user - Market share 2023-2028 (%)
Exhibits46: Data Table on End-user - Market share 2023-2028 (%)
Exhibits47: Chart on Comparison by End-user
Exhibits48: Data Table on Comparison by End-user
Exhibits49: Chart on Agriculture - Market size and forecast 2023-2028 ($ million)
Exhibits50: Data Table on Agriculture - Market size and forecast 2023-2028 ($ million)
Exhibits51: Chart on Agriculture - Year-over-year growth 2023-2028 (%)
Exhibits52: Data Table on Agriculture - Year-over-year growth 2023-2028 (%)
Exhibits53: Chart on Water management - Market size and forecast 2023-2028 ($ million)
Exhibits54: Data Table on Water management - Market size and forecast 2023-2028 ($ million)
Exhibits55: Chart on Water management - Year-over-year growth 2023-2028 (%)
Exhibits56: Data Table on Water management - Year-over-year growth 2023-2028 (%)
Exhibits57: Chart on Others - Market size and forecast 2023-2028 ($ million)
Exhibits58: Data Table on Others - Market size and forecast 2023-2028 ($ million)
Exhibits59: Chart on Others - Year-over-year growth 2023-2028 (%)
Exhibits60: Data Table on Others - Year-over-year growth 2023-2028 (%)
Exhibits61: Market opportunity by End-user ($ million)
Exhibits62: Data Table on Market opportunity by End-user ($ million)
Exhibits63: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits64: Impact of drivers and challenges in 2023 and 2028
Exhibits65: Overview on criticality of inputs and factors of differentiation
Exhibits66: Overview on factors of disruption
Exhibits67: Impact of key risks on business
Exhibits68: Companies covered
Exhibits69: Matrix on companies position and classification
Exhibits70: Aquasub Engineering - Overview
Exhibits71: Aquasub Engineering - Product / Service
Exhibits72: Aquasub Engineering - Key offerings
Exhibits73: Bright Solar Ltd. - Overview
Exhibits74: Bright Solar Ltd. - Business segments
Exhibits75: Bright Solar Ltd. - Key offerings
Exhibits76: Bright Solar Ltd. - Segment focus
Exhibits77: C.R.I. Pumps Pvt. Ltd. - Overview
Exhibits78: C.R.I. Pumps Pvt. Ltd. - Product / Service
Exhibits79: C.R.I. Pumps Pvt. Ltd. - Key offerings
Exhibits80: Falcon Pumps Pvt. Ltd. - Overview
Exhibits81: Falcon Pumps Pvt. Ltd. - Product / Service
Exhibits82: Falcon Pumps Pvt. Ltd. - Key offerings
Exhibits83: Lubi Solar - Overview
Exhibits84: Lubi Solar - Product / Service
Exhibits85: Lubi Solar - Key offerings
Exhibits86: Novergy Energy Solutions Pvt. Ltd. - Overview
Exhibits87: Novergy Energy Solutions Pvt. Ltd. - Product / Service
Exhibits88: Novergy Energy Solutions Pvt. Ltd. - Key offerings
Exhibits89: Shakti Pumps India Ltd. - Overview
Exhibits90: Shakti Pumps India Ltd. - Product / Service
Exhibits91: Shakti Pumps India Ltd. - Key offerings
Exhibits92: SILRES Energy Solutions Pvt. Ltd. - Overview
Exhibits93: SILRES Energy Solutions Pvt. Ltd. - Product / Service
Exhibits94: SILRES Energy Solutions Pvt. Ltd. - Key offerings
Exhibits95: Tata Power Co. Ltd. - Overview
Exhibits96: Tata Power Co. Ltd. - Business segments
Exhibits97: Tata Power Co. Ltd. - Key offerings
Exhibits98: Tata Power Co. Ltd. - Segment focus
Exhibits99: Waaree Energies Ltd. - Overview
Exhibits100: Waaree Energies Ltd. - Product / Service
Exhibits101: Waaree Energies Ltd. - Key offerings
Exhibits102: Inclusions checklist
Exhibits103: Exclusions checklist
Exhibits104: Currency conversion rates for US$
Exhibits105: Research methodology
Exhibits106: Information sources
Exhibits107: Data validation
Exhibits108: Validation techniques employed for market sizing
Exhibits109: Data synthesis
Exhibits110: 360 degree market analysis
Exhibits111: List of abbreviations

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