Solar Powered Pumps Market to be at Forefront | 2025
A
solar powered water pump comprises two basic components: pump and PV
panel. The PV panel consists of small solar cells. These cells
produce direct current when exposed to light with the help of layered
semiconductors that constitute a solar cell. The current is then
supplied to a pump, which helps pump water. Water pumping is one of
the most appropriate and simplest applications for solar powered
pumps. Solar powered pumps meet a wide range of water needs from
agricultural irrigation and household use to stock irrigation.
Another feature in most pumping systems is the advantage of storing
water for later use when sunlight is not available, thus the need for
batteries is eliminated, which reduces the overall cost of the solar
powered pumps.
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In
terms of product type, the global solar powered pumps market can be
segmented into surface suction, submersible, and floating segments.
The surface suction segment dominated the solar powered pumps market
in 2016. The segment in expected to continue its dominance during the
forecast period due to the increase in agricultural irrigation,
particularly in the developing countries in Middle East & Africa
and Asia Pacific. The submersible product segment is anticipated to
expand rapidly during the forecast period. Submersible pumps are
specially used for groundwater pumping from boreholes or deeper
wells, where surface suction pumps cannot be utilized. Increasing
demand for high efficiency solar powered pumps in countries such as
India and Bangladesh is projected to drive the expansion of the
segment in the market.
In
terms of end-use industry, the global solar powered pumps market can
be segmented into agriculture industry and water management industry.
The agriculture segment held prominent share of the market in 2016.
Increase in the global agricultural and irrigational activities is
estimated to drive the expansion of the segment. Additionally,
subsidies by national governments to farmers and solar powered pump
manufacturers, mostly in Asia Pacific, are anticipated to fuel the
expansion of the global solar powered pumps market during the
forecast period. The water management segment includes domestic
applications of water. The aim for using clean and continuous water
supply for various domestic purposes, especially in remote areas, is
further anticipated to drive the market in regions which have a
potential for solar energy generation.
In
terms of region, the global solar powered pumps market can be
segmented into Asia Pacific, North America, Latin America, Europe,
and Middle East & Africa. Asia Pacific held significant share of
the global market in 2016. Increasing demand from emerging economies
such as China, India, and Bangladesh, which are major agricultural
countries with ample sunlight, is anticipated to boost the expansion
of the solar powered pump market in the region during the forecast
period. Asia Pacific was followed by North America and Europe, in
terms of market share, in 2016. Rising trend toward usage of
renewable energy in these mature regions is projected to drive the
expansion of the market in the two regions. The market in Middle East
& Africa in projected to expand significantly during the forecast
period. The region has vast agricultural lands, and the trend toward
reducing the dependence on fossil fuels and governments’
initiatives towards clean energy are likely to boost the expansion of
the market in the region.
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Key
players operating in the global solar powered pumps market include
SunEdison, Lorentz, Grundfos, Bright Solar, USL, TATA Power Solar
Systems Ltd., Shakti Pumps, and CRI Pumps.

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