Solar Pumps Market Strategies, Top Players, Growth Opportunities, Analysis and Forecast by 2031
Coverage: Solar Pumps Market covers analysis by Product Type (DC Surface Suction Solar Pumps, DC Submersible Solar Pumps, AC Submersible Solar Pumps, AC Floating Solar Pumps); End User (Residential, Commercial); Pump Capacity (Below 5PH, Up to 5PH, 6 to 8PH, Above 8PH) , and Geography (North America, Europe, Asia Pacific, and South and Central America)
- Report Date : Oct 2025
- Report Code : TIPRE00005946
- Category : Energy and Power
- Status : Upcoming
- Available Report Formats :
- No. of Pages : 150
The Solar Pumps Market is expected to register a CAGR of XX% from 2025 to 2031, with a market size expanding from US$ XX Million in 2024 to US$ XX Million by 2031.
The report is categorized by Product Type (DC Surface Suction Solar Pumps, DC Submersible Solar Pumps, AC Submersible Solar Pumps, AC Floating Solar Pumps) and further analyzes the market based on End User (Residential, Commercial). It also examines the market by Pump Capacity (Below 5PH, Up to 5PH, 6 to 8PH, Above 8PH).A comprehensive breakdown is provided at global, regional, and country levels for each of these key segments.
The report includes market size and forecasts across all segments, presenting values in USD. It also delivers key statistics on the current market status of leading players, along with insights into prevailing market trends and emerging opportunities.
The report Solar Pumps Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Solar Pumps Market Segmentation
Product Type- DC Surface Suction Solar Pumps
- DC Submersible Solar Pumps
- AC Submersible Solar Pumps
- AC Floating Solar Pumps
- Residential
- Commercial
- Below 5PH
- Up to 5PH
- 6 to 8PH
- Above 8PH
Strategic Insights
Solar Pumps Market Growth Drivers- Empowering Farmers with Affordable Solar Pump Solutions
- Harnessing Renewable Energy for Sustainable Agriculture
- Boosting Crop Yields with Innovative Solar Technology
- Solar Pumps Revolutionize Agriculture with Sustainable Solutions
- Smart Irrigation Systems Boost Crop Yields and Save Water
- Renewable Energy Drives Down Costs for Farmers Worldwide
- Empowering Farmers: Affordable Solar Pumps for Sustainable Agriculture
- Clean Water Access: Solar Pumps Transforming Rural Communities
- Eco-Friendly Irrigation: Boosting Crop Yields with Solar Technology
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Solar Pumps Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Solar Pumps Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1.INTRODUCTION
1.1.SCOPE OF THE STUDY
1.2.THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3.MARKET SEGMENTATION
1.3.1Solar Pumps Market - By Product Type
1.3.2Solar Pumps Market - By End User
1.3.3Solar Pumps Market - By Pump Capacity
1.3.4Solar Pumps Market - By Region
1.3.4.1By Country
2.KEY TAKEWAYS
3.RESEARCH METHODOLOGY
4.SOLAR PUMPS MARKET L and SCAPE
4.1.OVERVIEW
4.2.PEST ANALYSIS
4.2.1North America - Pest Analysis
4.2.2Europe - Pest Analysis
4.2.3Asia-Pacific - Pest Analysis
4.2.4Middle East and Africa - Pest Analysis
4.2.5South and Central America - Pest Analysis
4.3.ECOSYSTEM ANALYSIS
4.4.EXPERT OPINIONS
5.SOLAR PUMPS MARKET - KEY MARKET DYNAMICS
5.1.KEY MARKET DRIVERS
5.2.KEY MARKET RESTRAINTS
5.3.KEY MARKET OPPORTUNITIES
5.4.FUTURE TRENDS
5.5.IMPACT ANALYSIS OF DRIVERS and RESTRAINTS
6.SOLAR PUMPS MARKET - GLOBAL MARKET ANALYSIS
6.1.SOLAR PUMPS - GLOBAL MARKET OVERVIEW
6.2.SOLAR PUMPS - GLOBAL MARKET and FORECAST TO 2028
6.3.MARKET POSITIONING/MARKET SHARE
7.SOLAR PUMPS MARKET - REVENUE and FORECASTS TO 2028 - PRODUCT TYPE
7.1.OVERVIEW
7.2.PRODUCT TYPE MARKET FORECASTS and ANALYSIS
7.3.DC SURFACE SUCTION SOLAR PUMPS
7.3.1.Overview
7.3.2.DC Surface Suction Solar Pumps Market Forecast and Analysis
7.4.DC SUBMERSIBLE SOLAR PUMPS
7.4.1.Overview
7.4.2.DC Submersible Solar Pumps Market Forecast and Analysis
7.5.AC SUBMERSIBLE SOLAR PUMPS
7.5.1.Overview
7.5.2.AC Submersible Solar Pumps Market Forecast and Analysis
7.6.AC FLOATING SOLAR PUMPS
7.6.1.Overview
7.6.2.AC Floating Solar Pumps Market Forecast and Analysis
8.SOLAR PUMPS MARKET - REVENUE and FORECASTS TO 2028 - END USER
8.1.OVERVIEW
8.2.END USER MARKET FORECASTS and ANALYSIS
8.3.RESIDENTIAL
8.3.1.Overview
8.3.2.Residential Market Forecast and Analysis
8.4.COMMERCIAL
8.4.1.Overview
8.4.2.Commercial Market Forecast and Analysis
9.SOLAR PUMPS MARKET - REVENUE and FORECASTS TO 2028 - PUMP CAPACITY
9.1.OVERVIEW
9.2.PUMP CAPACITY MARKET FORECASTS and ANALYSIS
9.3.BELOW 5PH
9.3.1.Overview
9.3.2.Below 5PH Market Forecast and Analysis
9.4.UP TO 5PH
9.4.1.Overview
9.4.2.Up to 5PH Market Forecast and Analysis
9.5.6 TO 8PH
9.5.1.Overview
9.5.2.6 to 8PH Market Forecast and Analysis
9.6.ABOVE 8PH
9.6.1.Overview
9.6.2.Above 8PH Market Forecast and Analysis
10.SOLAR PUMPS MARKET REVENUE and FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1.NORTH AMERICA
10.1.1North America Solar Pumps Market Overview
10.1.2North America Solar Pumps Market Forecasts and Analysis
10.1.3North America Solar Pumps Market Forecasts and Analysis - By Product Type
10.1.4North America Solar Pumps Market Forecasts and Analysis - By End User
10.1.5North America Solar Pumps Market Forecasts and Analysis - By Pump Capacity
10.1.6North America Solar Pumps Market Forecasts and Analysis - By Countries
10.1.6.1United States Solar Pumps Market
10.1.6.1.1United States Solar Pumps Market by Product Type
10.1.6.1.2United States Solar Pumps Market by End User
10.1.6.1.3United States Solar Pumps Market by Pump Capacity
10.1.6.2Canada Solar Pumps Market
10.1.6.2.1Canada Solar Pumps Market by Product Type
10.1.6.2.2Canada Solar Pumps Market by End User
10.1.6.2.3Canada Solar Pumps Market by Pump Capacity
10.1.6.3Mexico Solar Pumps Market
10.1.6.3.1Mexico Solar Pumps Market by Product Type
10.1.6.3.2Mexico Solar Pumps Market by End User
10.1.6.3.3Mexico Solar Pumps Market by Pump Capacity
10.2.EUROPE
10.2.1Europe Solar Pumps Market Overview
10.2.2Europe Solar Pumps Market Forecasts and Analysis
10.2.3Europe Solar Pumps Market Forecasts and Analysis - By Product Type
10.2.4Europe Solar Pumps Market Forecasts and Analysis - By End User
10.2.5Europe Solar Pumps Market Forecasts and Analysis - By Pump Capacity
10.2.6Europe Solar Pumps Market Forecasts and Analysis - By Countries
10.2.6.1Germany Solar Pumps Market
10.2.6.1.1Germany Solar Pumps Market by Product Type
10.2.6.1.2Germany Solar Pumps Market by End User
10.2.6.1.3Germany Solar Pumps Market by Pump Capacity
10.2.6.2France Solar Pumps Market
10.2.6.2.1France Solar Pumps Market by Product Type
10.2.6.2.2France Solar Pumps Market by End User
10.2.6.2.3France Solar Pumps Market by Pump Capacity
10.2.6.3Italy Solar Pumps Market
10.2.6.3.1Italy Solar Pumps Market by Product Type
10.2.6.3.2Italy Solar Pumps Market by End User
10.2.6.3.3Italy Solar Pumps Market by Pump Capacity
10.2.6.4United Kingdom Solar Pumps Market
10.2.6.4.1United Kingdom Solar Pumps Market by Product Type
10.2.6.4.2United Kingdom Solar Pumps Market by End User
10.2.6.4.3United Kingdom Solar Pumps Market by Pump Capacity
10.2.6.5Russia Solar Pumps Market
10.2.6.5.1Russia Solar Pumps Market by Product Type
10.2.6.5.2Russia Solar Pumps Market by End User
10.2.6.5.3Russia Solar Pumps Market by Pump Capacity
10.2.6.6Rest of Europe Solar Pumps Market
10.2.6.6.1Rest of Europe Solar Pumps Market by Product Type
10.2.6.6.2Rest of Europe Solar Pumps Market by End User
10.2.6.6.3Rest of Europe Solar Pumps Market by Pump Capacity
10.3.ASIA-PACIFIC
10.3.1Asia-Pacific Solar Pumps Market Overview
10.3.2Asia-Pacific Solar Pumps Market Forecasts and Analysis
10.3.3Asia-Pacific Solar Pumps Market Forecasts and Analysis - By Product Type
10.3.4Asia-Pacific Solar Pumps Market Forecasts and Analysis - By End User
10.3.5Asia-Pacific Solar Pumps Market Forecasts and Analysis - By Pump Capacity
10.3.6Asia-Pacific Solar Pumps Market Forecasts and Analysis - By Countries
10.3.6.1Australia Solar Pumps Market
10.3.6.1.1Australia Solar Pumps Market by Product Type
10.3.6.1.2Australia Solar Pumps Market by End User
10.3.6.1.3Australia Solar Pumps Market by Pump Capacity
10.3.6.2China Solar Pumps Market
10.3.6.2.1China Solar Pumps Market by Product Type
10.3.6.2.2China Solar Pumps Market by End User
10.3.6.2.3China Solar Pumps Market by Pump Capacity
10.3.6.3India Solar Pumps Market
10.3.6.3.1India Solar Pumps Market by Product Type
10.3.6.3.2India Solar Pumps Market by End User
10.3.6.3.3India Solar Pumps Market by Pump Capacity
10.3.6.4Japan Solar Pumps Market
10.3.6.4.1Japan Solar Pumps Market by Product Type
10.3.6.4.2Japan Solar Pumps Market by End User
10.3.6.4.3Japan Solar Pumps Market by Pump Capacity
10.3.6.5South Korea Solar Pumps Market
10.3.6.5.1South Korea Solar Pumps Market by Product Type
10.3.6.5.2South Korea Solar Pumps Market by End User
10.3.6.5.3South Korea Solar Pumps Market by Pump Capacity
10.3.6.6Rest of Asia-Pacific Solar Pumps Market
10.3.6.6.1Rest of Asia-Pacific Solar Pumps Market by Product Type
10.3.6.6.2Rest of Asia-Pacific Solar Pumps Market by End User
10.3.6.6.3Rest of Asia-Pacific Solar Pumps Market by Pump Capacity
10.4.MIDDLE EAST and AFRICA
10.4.1Middle East and Africa Solar Pumps Market Overview
10.4.2Middle East and Africa Solar Pumps Market Forecasts and Analysis
10.4.3Middle East and Africa Solar Pumps Market Forecasts and Analysis - By Product Type
10.4.4Middle East and Africa Solar Pumps Market Forecasts and Analysis - By End User
10.4.5Middle East and Africa Solar Pumps Market Forecasts and Analysis - By Pump Capacity
10.4.6Middle East and Africa Solar Pumps Market Forecasts and Analysis - By Countries
10.4.6.1South Africa Solar Pumps Market
10.4.6.1.1South Africa Solar Pumps Market by Product Type
10.4.6.1.2South Africa Solar Pumps Market by End User
10.4.6.1.3South Africa Solar Pumps Market by Pump Capacity
10.4.6.2Saudi Arabia Solar Pumps Market
10.4.6.2.1Saudi Arabia Solar Pumps Market by Product Type
10.4.6.2.2Saudi Arabia Solar Pumps Market by End User
10.4.6.2.3Saudi Arabia Solar Pumps Market by Pump Capacity
10.4.6.3U.A.E Solar Pumps Market
10.4.6.3.1U.A.E Solar Pumps Market by Product Type
10.4.6.3.2U.A.E Solar Pumps Market by End User
10.4.6.3.3U.A.E Solar Pumps Market by Pump Capacity
10.4.6.4Rest of Middle East and Africa Solar Pumps Market
10.4.6.4.1Rest of Middle East and Africa Solar Pumps Market by Product Type
10.4.6.4.2Rest of Middle East and Africa Solar Pumps Market by End User
10.4.6.4.3Rest of Middle East and Africa Solar Pumps Market by Pump Capacity
10.5.SOUTH and CENTRAL AMERICA
10.5.1South and Central America Solar Pumps Market Overview
10.5.2South and Central America Solar Pumps Market Forecasts and Analysis
10.5.3South and Central America Solar Pumps Market Forecasts and Analysis - By Product Type
10.5.4South and Central America Solar Pumps Market Forecasts and Analysis - By End User
10.5.5South and Central America Solar Pumps Market Forecasts and Analysis - By Pump Capacity
10.5.6South and Central America Solar Pumps Market Forecasts and Analysis - By Countries
10.5.6.1Brazil Solar Pumps Market
10.5.6.1.1Brazil Solar Pumps Market by Product Type
10.5.6.1.2Brazil Solar Pumps Market by End User
10.5.6.1.3Brazil Solar Pumps Market by Pump Capacity
10.5.6.2Argentina Solar Pumps Market
10.5.6.2.1Argentina Solar Pumps Market by Product Type
10.5.6.2.2Argentina Solar Pumps Market by End User
10.5.6.2.3Argentina Solar Pumps Market by Pump Capacity
10.5.6.3Rest of South and Central America Solar Pumps Market
10.5.6.3.1Rest of South and Central America Solar Pumps Market by Product Type
10.5.6.3.2Rest of South and Central America Solar Pumps Market by End User
10.5.6.3.3Rest of South and Central America Solar Pumps Market by Pump Capacity
11.INDUSTRY L and SCAPE
11.1.MERGERS and ACQUISITIONS
11.2.AGREEMENTS, COLLABORATIONS and JOIN VENTURES
11.3.NEW PRODUCT LAUNCHES
11.4.EXPANSIONS and OTHER STRATEGIC DEVELOPMENTS
12.SOLAR PUMPS MARKET, KEY COMPANY PROFILES
12.1.AMERICAN WEST WINDMILL and SOLAR CO.
12.1.1.Key Facts
12.1.2.Business Description
12.1.3.Products and Services
12.1.4.Financial Overview
12.1.5.SWOT Analysis
12.1.6.Key Developments
12.2.BRIGHT SOLAR LIMITED
12.2.1.Key Facts
12.2.2.Business Description
12.2.3.Products and Services
12.2.4.Financial Overview
12.2.5.SWOT Analysis
12.2.6.Key Developments
12.3.GRUNDFOS
12.3.1.Key Facts
12.3.2.Business Description
12.3.3.Products and Services
12.3.4.Financial Overview
12.3.5.SWOT Analysis
12.3.6.Key Developments
12.4.LORENTZ
12.4.1.Key Facts
12.4.2.Business Description
12.4.3.Products and Services
12.4.4.Financial Overview
12.4.5.SWOT Analysis
12.4.6.Key Developments
12.5.RAINBOW POWER COMPANY LTD
12.5.1.Key Facts
12.5.2.Business Description
12.5.3.Products and Services
12.5.4.Financial Overview
12.5.5.SWOT Analysis
12.5.6.Key Developments
12.6.SHAKTI PUMPS (INDIA) LTD.
12.6.1.Key Facts
12.6.2.Business Description
12.6.3.Products and Services
12.6.4.Financial Overview
12.6.5.SWOT Analysis
12.6.6.Key Developments
12.7.SOLAR POWER and PUMP COMPANY, LLC
12.7.1.Key Facts
12.7.2.Business Description
12.7.3.Products and Services
12.7.4.Financial Overview
12.7.5.SWOT Analysis
12.7.6.Key Developments
12.8.TATA POWER SOLAR SYSTEMS LTD.
12.8.1.Key Facts
12.8.2.Business Description
12.8.3.Products and Services
12.8.4.Financial Overview
12.8.5.SWOT Analysis
12.8.6.Key Developments
12.9.USL
12.9.1.Key Facts
12.9.2.Business Description
12.9.3.Products and Services
12.9.4.Financial Overview
12.9.5.SWOT Analysis
12.9.6.Key Developments
12.10.WENLING JINTAI PUMP FACTORY LIMITED
12.10.1.Key Facts
12.10.2.Business Description
12.10.3.Products and Services
12.10.4.Financial Overview
12.10.5.SWOT Analysis
12.10.6.Key Developments
13.APPENDIX
13.1.ABOUT THE INSIGHT PARTNERS
13.2.GLOSSARY OF TERMS
1. American West Windmill and Solar Co. 2. Bright Solar Limited3. Grundfos4. LORENTZ5. Rainbow Power Company Ltd6. Shakti Pumps (India) Ltd. 7. Solar Power and Pump Company, LLC8. Tata Power Solar Systems Ltd. 9. USL10. Wenling Jintai Pump Factory Limited
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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