India Solar Water Pump Market is Expected to grow at a robust CAGR of 7.12% through 2030F
The
increasing India Solar Water Pump market is driven by growth in agricultural
irrigation systems, urbanization and infrastructure development during the
forecast period 2026-2030F.
According
to TechSci Research report, “India
Solar Water Pump Market – By Region, Competition, Forecast & Opportunities,
2030F, The India Solar Water Pump Market was valued at USD 145.25 Million
in 2024 and is expected to reach USD 221.43 Million by 2030 with a CAGR of
7.12% during the forecast period. The
agricultural sector, particularly in rural India, faces significant challenges
in accessing consistent and affordable energy for irrigation. Solar water pumps
provide an effective solution to address the energy needs of remote areas where
grid electricity is unreliable or unavailable. The market is driven by the
growing demand for decentralized power solutions to support rural livelihoods
and enhance agricultural productivity. The integration of solar water pumps not
only ensures uninterrupted water supply for irrigation but also reduces the
burden on conventional energy infrastructure. This makes solar pumps an
attractive option for both individual farmers and community-based irrigation
projects.
India's
geographical location and climatic conditions make it ideal for solar energy
generation, further driving the adoption of solar water pumps. The country
receives ample sunlight, with an average solar insolation of 4-7 kWh/m²/day in
most regions. This ensures optimal performance of solar water pumps throughout
the year, particularly in agriculturally intensive states like Rajasthan,
Maharashtra, and Uttar Pradesh. Favorable climatic conditions also lower
maintenance costs and improve the overall efficiency of solar pumping systems.
The abundant availability of solar energy enables farmers to operate pumps
without relying on expensive and polluting energy sources, fostering widespread
adoption.
Browse
over XX market data Figures spread through XX Pages and an in-depth TOC on the "
India Solar Water Pump Market"
Based
on application, Agriculture dominated in the India Solar Water Pump Market in
2024, due to several key factors, driven primarily by the sector’s reliance on
irrigation for crop production. Agriculture is the backbone of India's economy,
with a significant portion of the population engaged in farming. The adoption
of solar water pumps for irrigation provides a sustainable solution to the
challenges posed by unreliable grid electricity and high fuel costs associated
with diesel-powered pumps.
Solar
water pumps are particularly beneficial for farmers in rural and remote areas
where access to reliable electricity is limited. By utilizing the abundant
solar energy, these pumps reduce dependency on grid power and expensive diesel,
offering cost-effective and environmentally friendly alternatives. As a result,
farmers can ensure continuous irrigation for their crops, even in areas with
erratic power supply. Additionally, the government’s PM-KUSUM (Pradhan Mantri
Kisan Urja Suraksha evam Utthaan Mahabhiyan) scheme has been pivotal in
subsidizing solar pump installations, making them more affordable for farmers.
The
sector’s dominance is also fueled by the growing need for water conservation
and efficient irrigation systems. With increasing water scarcity in several
parts of India, solar water pumps help optimize water usage, especially when
integrated with drip and sprinkler irrigation systems. These systems not only
conserve water but also increase crop yield by providing consistent irrigation.
The continued decline in the cost of solar components, such as panels and
inverters, coupled with enhanced government incentives, has made solar pumps
more accessible and viable for small and marginal farmers. This combination of
affordability, sustainability, and increased productivity positions agriculture
as the dominant application for solar water pumps in India in 2024.
Based
on region, North India is the fastest growing region in the India Solar Water
Pump Market during the forecast period, due to several factors that make the
region highly conducive for the adoption of solar-powered irrigation systems.
One of the primary drivers is the substantial agricultural activity in states
like Uttar Pradesh, Haryana, Punjab, and Rajasthan, where farming relies
heavily on irrigation. With the region's large rural population and extensive
dependence on agriculture, the demand for reliable, cost-effective, and
sustainable water pumping solutions is growing rapidly. The availability of
abundant sunlight throughout the year provides a natural advantage for solar
energy solutions in North India, making solar water pumps highly efficient.
Given the growing challenge of water scarcity and increasing dependence on
irrigation, farmers in the region are seeking solutions that reduce their
reliance on grid electricity and diesel-powered pumps. Solar water pumps offer
an affordable and environmentally friendly alternative, helping farmers lower
their operational costs and reduce carbon footprints.
Government
initiatives such as the Pradhan Mantri Kisan Urja Suraksha evam Utthaan
Mahabhiyan (PM-KUSUM) scheme have been crucial in driving the adoption of solar
pumps in North India. The scheme offers subsidies and financial support, which
significantly lower the upfront costs of installing solar pumps, making them
more accessible to farmers, especially in states like Rajasthan and Haryana.
The positive policy environment, coupled with state-specific programs and
support mechanisms, further accelerates growth. The region is seeing a rise in
the adoption of modern irrigation practices like drip and sprinkler systems,
which are highly compatible with solar pumps. This integration enhances the
efficiency of water usage, leading to higher crop yields and further incentivizing
the adoption of solar water pumps in North India. Consequently, these factors
collectively contribute to the region's rapid growth in the solar water pump
market.
Key
market players in the India Solar Water Pump market are:
-
- Aqua India Private Limited
- Bright Solar Limited
- C R I Pumps Private Limited
- Crompton Greaves Consumer Electricals Limited
- Duke Pumping Solutions Private Limited
- Ecosoch Solar Private Limited
- Ecozen Solutions Private Limited
- Jakson Limited
- Novergy Energy Solutions Private Limited
- Shakti Pumps (India) Limited
Download Free Sample Report
Customers can also request
for 10% free customization on this report.
“The
India Solar Water Pump market offers significant opportunities driven by
increasing government support through schemes like PM-KUSUM, which subsidize
pump installations. Additionally, growing concerns over water scarcity and the
rising demand for sustainable farming practices present a strong market
potential. Technological advancements in solar pump efficiency and integration
with modern irrigation systems like drip and sprinkler further enhance
adoption. The expanding rural electrification and a shift towards renewable
energy solutions also open doors for wider market penetration. With
agricultural reliance on reliable irrigation, the market is poised for growth,
especially in states with abundant sunlight and water scarcity challenges.Top of Form” said Mr. Karan Chechi,
Research Director of TechSci Research, a research-based Global management
consulting firm.
“India Solar Water Pump Market By
Type (Submersible Pump, Surface Pump), By Operation (AC Pump and DC Pump), By
Capacity (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 Region, Competition,
Forecast and Opportunities, 2020-2030F,” has evaluated the future growth
potential of India Solar Water Pump Market and provides statistics &
information on market size, structure, and future market growth. The report
intends to provide cutting-edge market intelligence and help decision makers
take sound investment decisions. Besides the report also identifies and
analyzes the emerging trends along with essential drivers, challenges, and
opportunities in India Solar Water Pump Market.
Contact
TechSci Research
LLC
420 Lexington
Avenue,
Suite 300, New
York,
United States-
10170
M: +13322586602
Email: sales@techsciresearch.com
Website: https://www.techsciresearch.com