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Solar Water Pumps Market Share

Report ID: GMI6296
Published Date: Jul 2023
Report Format: PDF

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Solar Water Pumps Market Share

The key industry players operating across the solar water pumps market include

TATA Solar Power
Alpex Power
Aqua Group
Crompton Greaves
LORENTZ
Dankoff Solar
EcoSoch
Ecozen
Franklin Electric
Grundfos Pumps
Jakson Group
KSB SE & Co.
Novergy Energy Solutions
Shakti Pumps
Surya International
US Solar Pumps
Bright Solar
C.R.I. Pumps Private Limited
Symtech Solar Group
Wenling JINTAI Pump Factory
Lubi
Oswal

Authors: Ankit Gupta, Shubham Chaudhary

Frequently Asked Questions (FAQ) :

The market size for solar water pumps reached USD 1.5 billion in 2023 and is estimated to exceed USD 3.1 billion by 2032, driven by higher need for pumping water from wells, boreholes, or other water sources in irrigation, livestock watering, and domestic water supply in areas without access to grid electricity.

Demand for AC solar water pumps market is expected to record around 9.1% CAGR from 2023 to 2032 due to the rising government policies to promote the adoption of renewable energy solutions.

Asia Pacific market size for solar water pumps crossed USD 580 million in 2022 owing to the growing demand for clean and sustainable water solutions along with rapid urbanization and industrialization in the region.

TATA Solar Power, Alpex Power, Aqua Group, Crompton Greaves, LORENTZ, Dankoff Solar, EcoSoch, Ecozen, Franklin Electric, Grundfos Pumps, Jakson Group, KSB SE & Co., Novergy Energy Solutions, Shakti Pumps, and Surya International are some of the key solar water pump industry players.