Solar Water Pump Market by Type (Submersible Pump, Surface Pump), by Motor Type (AC Pump, DC Pump), by Power Rating (Up to 5 HP, 5 HP to 10 HP, 10 HP to 20 HP, More than 20 HP), by Application (Agriculture, Water Treatment, Others), by Asia Pacific (China, India, Southeast Asia, Rest of Asia Pacific), by Latin America (Brazil, Mexico, Rest of Latin America), by Middle East & Africa (G.C.C., South Africa, Rest of Middle East & Africa) Forecast 2025-2033
The Solar Water Pump Market size was valued at USD 2.38 USD Billion in 2023 and is projected to reach USD 3.44 USD Billion by 2032, exhibiting a CAGR of 5.4 % during the forecast period. A Solar Water Pump is a system that harnesses solar energy to drive the pumping of water for the various purposes that it will be put to. In most of its applications, it comprises a photovoltaic panel, a pump, and, occasionally, a battery of sorts. There are mainly two types: Two main types the submersible which is used in deep wells and the surface pump which is appropriate to use in shallow water sources. Some qualities include autonomy, low operational overhead, and expandability. These pumps are used in agriculture, in the irrigation process, in watering animals and in other areas where there is no centralized electricity. They include lower operating expenses, and the ability to function separately from the grid or blackouts and have a relatively small effect on the environment. Smart technology has been integrated into the latest models to enhance water use and measuring of the same.
Type:
Motor Type:
Power Rating:
Application:
Aspects | Details |
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Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of 5.4% from 2019-2033 |
Segmentation |
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Aspects | Details |
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Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of 5.4% from 2019-2033 |
Segmentation |
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Note* : In applicable scenarios
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