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Download Free sampleSolar water pumps can supply water to locations which are beyond the reach of power lines. Commonly, such places relied on human or animal power or on diesel engines for their water supply. Solar water pumps can replace the current pump systems and result in both socio-economic benefits as well as climate related benefits. The water supplied by the solar water pump can be used to irrigate crops, water livestock or provide potable drinking water.
A solar water pump system is essentially an electrical pump system in which the electricity is provided by one or several Photovoltaic (PV) panels. A typical solar powered pumping system consists of a solar panel array that powers an electric motor, which in turn powers a bore or surface pump. The water is often pumped from the ground or stream into a storage tank that provides a gravity feed, so energy storage is not needed for these systems.
Solar Water Pumps Market aims to provide a comprehensive presentation of the global market for Solar Water Pumps, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Solar Water Pumps. Solar Water Pumps Market contains market size and forecasts of Solar Water Pumps in global, including the following market information:
The global Solar Water Pumps market was valued at US$ 1363.4 million in 2022 and is projected to reach US$ 4724.2 million by 2029, at a CAGR of 19.4% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Solar Water Pumps key players include JNTech, JISL, Tata Power Solar, Grundfos, etc.Global top four manufacturers hold a share over 10%.
Asia Pacific is the largest market, with a share about 40%, followed by Europe, and North America, both have a share about 35 percent.
In terms of product, DC Surface Suction is the largest segment, with a share over 70%. And in terms of application, the largest application is Agriculture, followed by Drinking Water, etc.
We surveyed the Solar Water Pumps manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Solar Water Pumps Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Solar Water Pumps Market Segment Percentages, by Type, 2022 (%)
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