Solar Water Pumps Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Market Report Covers Global Solar Water Pump Manufacturers and is Segmented by Pump Type (Surface Pump, Submersible Pump, and Other Pump Types), Application (Agriculture, Drinking Water Supply, and Other Applications), and Geography (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).

Solar Water Pumps Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Solar Water Pump Market Size

Solar Water Pump Systems Market Size
Study Period 2020 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
CAGR 5.00 %
Fastest Growing Market Asia Pacific
Largest Market Asia Pacific
Market Concentration Medium

Major Players

Solar Water Pump Systems Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Solar Water Pump Systems Market with other markets in Energy & Power Industry

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Solar Water Pump Market Analysis

The Solar Water Pump Systems Market is expected to register a CAGR of greater than 5% during the forecast period.

  • The submersible pump type segment, designed to pump water from deeper wells, where surface pumps cannot be used, is expected to drive the market during the forecast period.
  • Powering Agriculture: An Energy Grand Challenge for Development (PAEGC) program aims to identify and support the development and deployment of clean energy solutions for increasing agriculture productivity in developing countries. The program is expected to create opportunities for the market studied.
  • Asia-Pacific holds the largest market share and is also expected to be the fastest-growing region, owing to the massive increase in solar water pump system installations in countries like China and India.

Solar Water Pump Industry Overview

The Solar Water Pump Systems Market is moderately fragmented. The key players in the market include Bright Solar Limited, C.R.I. Pumps Private Limited, KSB Limited, Shakti Pumps (India) Ltd, and Tata Power Company Limited.

Solar Water Pump Market Leaders

  1. KSB Limited

  2. Shakti Pumps (India) Limited

  3. Tata Power Company Limited

  4. Bright Solar Limited

  5. C.R.I. Pumps Private Limited

  6. *Disclaimer: Major Players sorted in no particular order
Bright Solar Limited, C.R.I. Pumps Private Limited, KSB Limited, Shakti Pumps (India) Ltd, and Tata Power Company Limited.
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Solar Water Pump Market News

  • In January 2021, Energy Efficiency Services Limited (EESL) had invited bids to set up an aggregate of 317,975 quantities of 1-10 HP solar pumps across India under Component-B of the Kisan Urja Suraksha Evam Utthan Mahaabhiyan (KUSUM) rural solar scheme. The program's Component-B aims to assist farmers in installing standalone solar agriculture pumps to replace diesel-powered pumps.
  • In January 2022, Gautam Solar has launched new solar pump controllers and remote monitoring units for solar PV systems. The solar pump controllers have homegrown Variable Frequency Drives and Remote Monitoring Units tuned for 1 - 10 HP of solar pumps (DC / AC and Surface / Submersible).

Solar Water Pump Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Scope of the Study
  • 1.2 Market Definition
  • 1.3 Study Assumptions

2. EXECUTIVE SUMMARY

3. RESEARCH METHODOLOGY

4. MARKET OVERVIEW

  • 4.1 Introduction
  • 4.2 Market Size and Demand Forecast in USD billion, till 2027
  • 4.3 Recent Trends and Developments
  • 4.4 Government Policies and Regulations
  • 4.5 Market Dynamics
    • 4.5.1 Drivers
    • 4.5.2 Restraints
  • 4.6 Supply Chain Analysis
  • 4.7 Porter's Five Forces Analysis
    • 4.7.1 Bargaining Power of Suppliers
    • 4.7.2 Bargaining Power of Consumers
    • 4.7.3 Threat of New Entrants
    • 4.7.4 Threat of Substitutes Products and Services
    • 4.7.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION

  • 5.1 Pump Type
    • 5.1.1 Surface Pump
    • 5.1.2 Submersible Pump
    • 5.1.3 Other Pump Types
  • 5.2 Application
    • 5.2.1 Agriculture
    • 5.2.2 Drinking Water Supply
    • 5.2.3 Other Applications
  • 5.3 Geography
    • 5.3.1 North America
    • 5.3.2 Europe
    • 5.3.3 Asia-Pacific
    • 5.3.4 South America
    • 5.3.5 Middle-East and Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
  • 6.2 Strategies Adopted by Leading Players
  • 6.3 Company Profiles
    • 6.3.1 Advanced Power Inc.
    • 6.3.2 Bright Solar Limited
    • 6.3.3 C.R.I. Pumps Private Limited
    • 6.3.4 Kirloskar Brothers Limited
    • 6.3.5 KSB Limited
    • 6.3.6 Bernt Lorentz GmbH
    • 6.3.7 Shakti Pumps (India) Ltd
    • 6.3.8 Tata Power Company Limited
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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Solar Water Pump Industry Segmentation

The solar water pump systems market report includes:

Pump Type Surface Pump
Submersible Pump
Other Pump Types
Application Agriculture
Drinking Water Supply
Other Applications
Geography North America
Europe
Asia-Pacific
South America
Middle-East and Africa
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Solar Water Pump Market Research FAQs

What is the current Solar Water Pump Systems Market size?

The Solar Water Pump Systems Market is projected to register a CAGR of greater than 5% during the forecast period (2025-2030)

Who are the key players in Solar Water Pump Systems Market?

KSB Limited, Shakti Pumps (India) Limited, Tata Power Company Limited, Bright Solar Limited and C.R.I. Pumps Private Limited are the major companies operating in the Solar Water Pump Systems Market.

Which is the fastest growing region in Solar Water Pump Systems Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Solar Water Pump Systems Market?

In 2025, the Asia Pacific accounts for the largest market share in Solar Water Pump Systems Market.

What years does this Solar Water Pump Systems Market cover?

The report covers the Solar Water Pump Systems Market historical market size for years: 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Solar Water Pump Systems Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Solar Water Pumps Industry Report

Statistics for the 2025 Solar Water Pump Systems market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Solar Water Pump Systems analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.