Solar Water Pumps Market Size – By Product, By Technology, By Power Rating, By Application, Analysis, Share, Growth Forecast, 2025 – 2034

Solar Water Pumps Market Size

The global solar water pumps market was valued at USD 1.6 billion in 2024 and is estimated to grow at a CAGR of 8.8% from 2025 to 2034. These have become increasingly popular, particularly in developing areas where access to electricity is limited, and grid infrastructure is unreliable. In these regions, agriculture is often a key source of income, and solar water pumps provide an affordable and sustainable irrigation solution enhancing crop productivity and improving livelihoods.
 

A solar water pump is a system that uses solar energy to power a pump, which is used for water extraction and distribution. The system typically consists of photovoltaic (PV) panels that convert sunlight into electricity, a pump powered by this electricity, and a controller to regulate the system's operation. These systems are widely used in areas where electricity is scarce or expensive, making them ideal for rural or remote locations. They are commonly used for irrigation, livestock watering, and even potable water supply.
 

Solar Water Pumps Market Trends

Supportive policies and incentives for renewable energy along with ongoing technological advancements will create a positive impact on the business environment. These initiatives could include subsidies, tax advantages, and financial assistance programs that promote the adoption of solar-powered irrigation systems. Additionally, enhanced solar panel efficiency, advanced pump controls and improved energy storage solutions will contribute to a more favorable industry outlook.
 

Solar Water Pumps Market Analysis

The submersible solar water pumps industry will surpass USD 2 billion by 2034. The growing applicability within the agricultural sector coupled with an increased focus on water conservation will stimulate the business landscape. The product provides significant advantages including high efficiency and the capability to operate directly from the water source, which will further boost the industry potential. Moreover, the growing awareness about water conservation and the need for efficient, low-maintenance systems are further propelling the industry dynamics. 
 

The AC solar water pumps market size will witness a growth rate of over 9% through 2034. Government policies supporting the deployment of renewable energy solutions along with the integration of these pumps into the hybrid systems will foster the industry growth. These pumps offer an environmentally friendly and efficient alternative to traditional grid-powered pumps, promoting water conservation and reducing carbon emissions, thereby accelerating the business scenario.
 

U.S. solar water pumps market is set to reach over USD 300 million by 2034. Favorable policies designed to encourage farmers and agricultural businesses to adopt solar technology and decrease reliance on fossil fuels will fuel the product penetration. Additionally, an increased emphasis on sustainable water resource management will positively impact the market landscape. The widespread adoption of these systems in remote and off-grid areas combined with the implementation of micro-irrigation techniques will enhance the business landscape. Continuous technological advancements comprising of remote monitoring, data analytics, and automation, will further drive the product adoption.
 

The growing demand for clean and sustainable water solutions along with rapid urbanization and industrialization will strengthen the Asia Pacific solar water pumps market. As solar panel costs continue to decrease and fuel prices rise, the industry's potential will expand. Increasing awareness of sustainable water management and the need to reduce carbon footprints will further accelerate the product adoption. Additionally, government initiatives and subsidies supporting the use of renewable energy technologies will foster the industry growth.
 

Solar Water Pumps Market Share

The manufacturers in the solar water pumps industry are adopting several key strategies to enhance their competitiveness and expand their market share. One major strategy is product innovation, with companies focusing on the development of high-efficiency, durable, and cost-effective solar water pumps that cater to both agricultural and industrial applications. The companies are further focusing on strategic partnerships and collaborations with governments and NGOs to tap into subsidy schemes and expand their reach in rural and remote areas.
 

Solar Water Pumps Market Companies

Major players operating in the solar water pumps industry are:

• Alpex Power
• Aqua Group
• Bright Solar
• Crompton Greaves
• Dankoff Solar
• EcoSoch
• Ecozen
• Franklin Electric
• Grundfos Pumps
• Jakson Group
• Lorentz
• Lubi
• Novergy Energy Solutions
• Oswal
• Shakti Pumps
• Surya International
• Symtech Solar Group
• TATA Solar Power
• US Solar Pumps
• Wenling Jintai Pump Factory
   

Solar Water Pumps Industry News

• In August 2024, Shakti Pumps has been awarded a prestigious Letter of Intent from the UP State Department of Agriculture to deliver 12,537 solar water pumps as part of Component B under Phase-III of the PM-KUSUM scheme. This significant project, valued at USD 66 million, focuses on revolutionizing irrigation practices through the adoption of advanced renewable energy technologies. Scheduled for completion by March 31, 2025, the initiative underscores Shakti Pumps' leadership in sustainable energy solutions.
   
• In March 2024, Crompton Greaves secures a significant contract for solar water pumping systems, further solidifying its leadership in the renewable energy sector. The project includes the installation, supply, and commissioning of 10 HP AC, 7.5 HP DC, and 10 HP DC solar PV water pumping solutions, highlighting its advanced technological capabilities. Additionally, Crompton Greaves has been empaneled by MSEDCL to deliver 2,500 solar pumping systems across Maharashtra, reinforcing its commitment to sustainable energy adoption in agriculture.
   

The solar water pumps market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume (Units) & revenue (USD Million) from 2021 to 2034, for the following segments:

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Market, By Product

• Submersible Pump
• Surface Pump

Market, By Technology

• AC Pumps
• DC Pumps

Market, By Power Rating

• 5 HP
• 5 HP - 10 HP
• 10 HP - 20 HP
• > 20 HP

Market, By Application

• Agriculture
• Water Supply
• Others

The above information has been provided for the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • UK
  • France
  • Germany
  • Russia
  • Spain
  • Italy
  • Netherlands
  • Poland
  • Sweden
• Asia Pacific
  • China
  • India
  • Australia
  • Philippines
  • Japan
  • New Zealand
  • Indonesia
• Middle East & Africa
  • Saudi Arabia
  • Iran
  • Egypt
  • Turkey
  • South Africa
• Latin America
  • Brazil
  • Argentina
  • Mexico