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 & Opportunities, 2018-2028

Published Date: December - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Water and Waste Management | Format: Report available in PDF / Excel Format

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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 & Opportunities, 2018-2028

Forecast Period2024-2028
Market Size (2022)USD 121.45 Million
CAGR (2023-2028)7.12%
Market Size (2028)USD 182.47 Million
Fastest Growing SegmentSubmersible
Largest MarketSouth India

MIR Water and Waste Management

Government Support for Solar Energy Consumption Drives Market Development

Rising Trend of Technological Advancement in India Solar Water Pump Market

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Market Segmentation

Market player


MIR Segment1

Recent Developments

  • Af-Taab Investment Business, Tata Power Solar Systems, and Coastal Gujarat Power Ltd., three wholly owned subsidiaries of the Indian electric utility company Tata Power Company Limited, announced their intention to combine in August 2020. Its strategic strategy to streamline the group holding structure and position the business for future growth includes this.
  • Indian financial services company Af-Taab Investment Company (Af-Taab) is strategy is to streamline the group holding structure and position the business for future growth. The merger will also enable the subsidiary businesses to utilize capital effectively and get corporate assistance. In India's Gujarat state, Coastal Gujarat Power Ltd (CGPL) is a business that manages a 4150-megawatt supercritical coal-fired power plant and this is located in Mundra city. An Indian business called Tata Power Solar Systems (TPSSL) specializes in solar energy services and also sells solar modules, solar cells, and other solar goods including solar water pumps.

Attribute

Details

Base Year

2022

Historic Data

2018– 2021

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Million, and CAGR for 2018 -2022 and 2023 – 2028

Report coverage

Revenue forecast, Company Share, growth factors, and trends

Segments covered

By Type

By Capacity

By Application

By Operations

Region

North India, West India, South India, East India

Key companies profiled

Alpex Solar Pumps, Aqua Group, Bright Solar Limited, C.R.I. Pumps Private Limited, Crompton, Duke Plasto Technique Private Limited, EcoSoch Solar, Ecozen Solutions, Jackson Group, Novergy Energy Solutions Pvt. Ltd, Shakti Pumps, SunEdison Infrastructure, Surya International, Tata Power Solar, Waaree Energies Ltd

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