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Solar Water Pump Market Poised for Remarkable Growth: Projected to Reach US$ 8.16 Billion by 2033 | Astute Analytica
![The global ๐ฌ๐จ๐ฅ๐๐ซ ๐ฐ๐๐ญ๐๐ซ ๐ฉ๐ฎ๐ฆ๐ฉ ๐ฆ๐๐ซ๐ค๐๐ญ was valued at ๐๐๐ ๐](https://img.einnews.com/ampsize/360460/logo.jpeg)
CHICAGO, NY, UNITED STATES, January 21, 2025 /EINPresswire.com/ -- The global ๐ฌ๐จ๐ฅ๐๐ซ ๐ฐ๐๐ญ๐๐ซ ๐ฉ๐ฎ๐ฆ๐ฉ ๐ฆ๐๐ซ๐ค๐๐ญ was valued at ๐๐๐ ๐.๐๐ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ข๐ง ๐๐๐๐ and is projected to achieve a market valuation of ๐๐๐ ๐.๐๐ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐๐ฒ ๐๐๐๐, expanding at a robust ๐๐๐๐ ๐จ๐ ๐๐.๐๐% ๐๐ฎ๐ซ๐ข๐ง๐ ๐ญ๐ก๐ ๐๐จ๐ซ๐๐๐๐ฌ๐ญ ๐ฉ๐๐ซ๐ข๐จ๐ ๐๐๐๐โ๐๐๐๐.
๐๐ก๐ ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ซ๐:- https://www.astuteanalytica.com/request-sample/solar-water-pump-market
The increasing demand for sustainable and renewable energy solutions in agriculture and water management sectors is driving the adoption of solar water pumps. These systems offer an eco-friendly and cost-effective alternative to conventional water pumps powered by fossil fuels, making them a preferred choice in rural and remote regions globally.
๐๐๐ซ๐ค๐๐ญ ๐๐ฒ๐ง๐๐ฆ๐ข๐๐ฌ
๐๐ซ๐ข๐ฏ๐๐ซ: ๐๐๐๐๐ฅ๐๐ซ๐๐ญ๐ข๐ง๐ ๐๐จ๐ง๐ฌ๐ฎ๐ฆ๐๐ซ ๐๐ก๐ข๐๐ญ ๐๐จ๐ฐ๐๐ซ๐ ๐๐ฎ๐ฌ๐ญ๐๐ข๐ง๐๐๐ฅ๐, ๐๐๐-๐๐ซ๐ข๐ ๐๐ซ๐ซ๐ข๐ ๐๐ญ๐ข๐จ๐ง ๐ ๐จ๐ซ ๐๐ฆ๐๐ฅ๐ฅ ๐ ๐๐ซ๐ฆ๐๐ซ๐ฌ
The solar water pump market growth is driven by growing urgency to enhance the efficiency of water use and lessen the dependency on diesel powered systems. As of 2023, over 4,000 small scale agricultural collectives in East Africa have shifted to solar-powered irrigation systems citing increased crop productivity and reduced cost of operation. In India, 20 new state sponsored initiatives focus on poor farmers by providing them financing for solar pumps which helps them to mobilize their capital for seeds and fertilizers. Some rural empowerment programs have enabled 1,400 additional solar demonstrations in Southeast Asia this year so that smallholder farmers can see the benefits of investing. In line with the growing demand, manufacturers such as Shakti Pumps are cabin shipping around 8,000 DC submersible units per quarter to satisfy growing rural needs for off-grid technologies.
The solar water pump market is further driven by the falling prices of solar components, with the cost of standard modules in emerging markets now averaging US$0.20 per watt, down from US$0.54 in 2018. Also, numerous NGOs have opened 500 new pilot schemes across Sub Saharan Africa, hoping to show that solar water pumps can work, even in unfriendly climatic zones. Moreover, some village councils in South Asia say that now 2 out of 5 farmers are asking for replacement of their diesel pumps with solar powered ones, which is a huge increase in interest from farmers a few years back. This, turn, is also supported by local entrepreneurs selling more user-friendly and low maintenance systems, which are now being sold by an expanding base of 450 micro-dealers in the rural areas.
๐๐จ๐ฉ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐ข๐ง ๐๐จ๐ฅ๐๐ซ ๐๐๐ญ๐๐ซ ๐๐ฎ๐ฆ๐ฉ ๐๐๐ซ๐ค๐๐ญ
โข Shakti Pump
โข Grundfos
โข SUNVIS SOLAR
โข RPS SOLARPUMP
โข Lorentz
โข Nastec
โข ENNOS
โข Franklin Electric, Inc
โข Alpex Solar PVT. LTD
โข Advanced Power Inc
โข Tata Power Solar
โข Crompton
โข KSB SE & Co.
โข KGaA
โข Other Prominent Players
๐๐๐๐ ๐๐๐ญ๐๐ข๐ฅ๐๐ ๐๐ง๐๐๐ฑ ๐จ๐ ๐๐ฎ๐ฅ๐ฅ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐ญ๐ฎ๐๐ฒ ๐๐ญ @ https://www.astuteanalytica.com/industry-report/solar-water-pump-market
๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
๐๐ฒ ๐๐ฒ๐ฉ๐
โข Centrifugal Pumps
โข Submersible Pumps
โข Surface Pumps
๐๐ฒ ๐๐จ๐ญ๐จ๐ซ ๐๐ฒ๐ฉ๐
โข DC
โข AC
๐๐ฒ ๐๐จ๐ฐ๐๐ซ ๐๐๐ญ๐ข๐ง๐
โข Below 10 HP
โข 10 HP - 20 HP
โข 20 HP - 30 HP
โข Above 30 HP
๐๐ฒ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง
โข Agriculture
โข Residential
โข Industrial
โข Others
๐๐ฒ ๐๐ข๐ฌ๐ญ๐ซ๐ข๐๐ฎ๐ญ๐ข๐จ๐ง ๐๐ก๐๐ง๐ง๐๐ฅ
โข Online
โข Offline
โข Direct
โข Distributors
๐๐ฒ ๐๐๐ ๐ข๐จ๐ง
โข North America
โข The U.S.
โข Canada
โข Mexico
โข Europe
โข Western Europe
โข The UK
โข Germany
โข France
โข Italy
โข Spain
โข Rest of Western Europe
โข Eastern Europe
โข Poland
โข Russia
โข Rest of Eastern Europe
โข Asia Pacific
โข China
โข India
โข Japan
โข Australia & New Zealand
โข South Korea
โข ASEAN
โข Rest of Asia Pacific
โข Middle East & Africa
โข Saudi Arabia
โข South Africa
โข UAE
โข Rest of MEA
โข South America
โข Argentina
โข Brazil
โข Rest of South America
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ@- https://www.astuteanalytica.com/request-sample/solar-water-pump-market
๐๐๐จ๐ฎ๐ญ ๐๐ฌ๐ญ๐ฎ๐ญ๐ ๐๐ง๐๐ฅ๐ฒ๐ญ๐ข๐๐:
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Aamir Beg
Astute Analytica
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