Solar 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.
This report 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. This report contains market size and forecasts of Solar Water Pumps in global, including the following market information:
- Global Solar Water Pumps Market Revenue, 2018-2023, 2024-2029, ($ millions)
- Global Solar Water Pumps Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Solar Water Pumps companies in 2022 (%)
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 (%)
- DC Surface Suction
- AC Submersible
- DC Submersible
- AC Surface Pumps
Global Solar Water Pumps Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Solar Water Pumps Market Segment Percentages, by Application, 2022 (%)
- Agriculture
- Drinking Water
- Others
Global Solar Water Pumps Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Solar Water Pumps Market Segment Percentages, By Region and Country, 2022 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Solar Water Pumps revenues in global market, 2018-2023 (Estimated), ($ millions)
- Key companies Solar Water Pumps revenues share in global market, 2022 (%)
- Key companies Solar Water Pumps sales in global market, 2018-2023 (Estimated), (K Units)
- Key companies Solar Water Pumps sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
- JNTech
- JISL
- Tata Power Solar
- Grundfos
- Lorentz
- CRI Group
- Shakti Pumps
- Bright Solar
- ADA
- Hanergy
- Symtech Solar
- Dankoff Solar
- Solar Power & Pump
- MNE
- Greenmax Tech
- Outline of Major Chapters:
- Chapter 1: Introduces the definition of Solar Water Pumps, market overview.
- Chapter 2: Global Solar Water Pumps market size in revenue and volume.
- Chapter 3: Detailed analysis of Solar Water Pumps manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
- Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
- Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
- Chapter 6: Sales of Solar Water Pumps in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
- Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
- Chapter 8: Global Solar Water Pumps capacity by region & country.
- Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
- Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
- Chapter 11: The main points and conclusions of the report.
