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Photovoltaic Pump-Global Market Insights and Sales Trends 2025

Photovoltaic Pump-Global Market Insights and Sales Trends 2025

Publishing Date : Mar, 2025

License Type :
 

Report Code : 1824920

No of Pages : 115

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Synopsis
A Photovoltaic pump (AKA Solar pump) is a pump running on electricity generated by photovoltaic panels or the thermal energy available from collected sunlight as opposed to grid electricity or diesel run water pumps. The operation of solar powered pumps is more economical mainly due to the lower operation and maintenance costs and has less environmental impact than pumps powered by an internal combustion engine (ICE). Solar pumps are useful where grid electricity is unavailable and alternative sources (in particular wind) do not provide sufficient energy.
The global Photovoltaic Pump market size is expected to reach US$ 1100.1 million by 2029, growing at a CAGR of 6.0% from 2023 to 2029. The market is mainly driven by the significant applications of Photovoltaic Pump in various end use industries. The expanding demands from the Living Water, Agrirculture and Others,, are propelling Photovoltaic Pump market. DC Surface Suction, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the AC Submersible segment is estimated at % CAGR for the next seven-year period.
India is the largest Photovoltaic Pump market with about 37% market share. Europe and China are follower, accounting for about 42% market share.
The key players are LORENTZ, Grundfos, CRI Group, Mono Pumps, Shakti Solar, Tata Power, Bright Solar, USL, Advanced Power, SAJ, Chinalight Solar, CEEG, Quoncion Solar, Komaes Solar, Solartech, MNE, Evergreen Group etc. Top 3 companies occupied about 34% market share.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Photovoltaic Pump, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Photovoltaic Pump market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Photovoltaic Pump market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Photovoltaic Pump sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Photovoltaic Pump covered in this report include LORENTZ, Grundfos, CRI Group, Mono Pumps, Shakti Solar, Tata Power, Bright Solar, USL and Advanced Power, etc.
The global Photovoltaic Pump market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
LORENTZ
Grundfos
CRI Group
Mono Pumps
Shakti Solar
Tata Power
Bright Solar
USL
Advanced Power
SAJ
Chinalight Solar
CEEG
Quoncion Solar
Komaes Solar
Solartech
MNE
Evergreen Group
Global Photovoltaic Pump market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Photovoltaic Pump market, Segment by Type:
DC Surface Suction
AC Submersible
DC Submersible
AC Floating
Global Photovoltaic Pump market, by Application
Living Water
Agrirculture
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Photovoltaic Pump manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Photovoltaic Pump in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index
1 Photovoltaic Pump Market Overview
1.1 Photovoltaic Pump Product Overview
1.2 Photovoltaic Pump Market Segment by Type
1.2.1 DC Surface Suction
1.2.2 AC Submersible
1.2.3 DC Submersible
1.2.4 AC Floating
1.3 Global Photovoltaic Pump Market Size by Type
1.3.1 Global Photovoltaic Pump Market Size Overview by Type (2018-2029)
1.3.2 Global Photovoltaic Pump Historic Market Size Review by Type (2018-2023)
1.3.3 Global Photovoltaic Pump Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Photovoltaic Pump Sales Breakdown by Type (2018-2023)
1.4.2 Europe Photovoltaic Pump Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Photovoltaic Pump Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Photovoltaic Pump Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Photovoltaic Pump Sales Breakdown by Type (2018-2023)
2 Global Photovoltaic Pump Market Competition by Company
2.1 Global Top Players by Photovoltaic Pump Sales (2018-2023)
2.2 Global Top Players by Photovoltaic Pump Revenue (2018-2023)
2.3 Global Top Players by Photovoltaic Pump Price (2018-2023)
2.4 Global Top Manufacturers Photovoltaic Pump Manufacturing Base Distribution, Sales Area, Product Type
2.5 Photovoltaic Pump Market Competitive Situation and Trends
2.5.1 Photovoltaic Pump Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Photovoltaic Pump Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Photovoltaic Pump as of 2022)
2.7 Date of Key Manufacturers Enter into Photovoltaic Pump Market
2.8 Key Manufacturers Photovoltaic Pump Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Photovoltaic Pump Status and Outlook by Region
3.1 Global Photovoltaic Pump Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Photovoltaic Pump Historic Market Size by Region
3.2.1 Global Photovoltaic Pump Sales in Volume by Region (2018-2023)
3.2.2 Global Photovoltaic Pump Sales in Value by Region (2018-2023)
3.2.3 Global Photovoltaic Pump Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Photovoltaic Pump Forecasted Market Size by Region
3.3.1 Global Photovoltaic Pump Sales in Volume by Region (2024-2029)
3.3.2 Global Photovoltaic Pump Sales in Value by Region (2024-2029)
3.3.3 Global Photovoltaic Pump Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Photovoltaic Pump by Application
4.1 Photovoltaic Pump Market Segment by Application
4.1.1 Living Water
4.1.2 Agrirculture
4.1.3 Others
4.2 Global Photovoltaic Pump Market Size by Application
4.2.1 Global Photovoltaic Pump Market Size Overview by Application (2018-2029)
4.2.2 Global Photovoltaic Pump Historic Market Size Review by Application (2018-2023)
4.2.3 Global Photovoltaic Pump Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Photovoltaic Pump Sales Breakdown by Application (2018-2023)
4.3.2 Europe Photovoltaic Pump Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Photovoltaic Pump Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Photovoltaic Pump Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Photovoltaic Pump Sales Breakdown by Application (2018-2023)
5 North America Photovoltaic Pump by Country
5.1 North America Photovoltaic Pump Historic Market Size by Country
5.1.1 North America Photovoltaic Pump Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Photovoltaic Pump Sales in Volume by Country (2018-2023)
5.1.3 North America Photovoltaic Pump Sales in Value by Country (2018-2023)
5.2 North America Photovoltaic Pump Forecasted Market Size by Country
5.2.1 North America Photovoltaic Pump Sales in Volume by Country (2024-2029)
5.2.2 North America Photovoltaic Pump Sales in Value by Country (2024-2029)
6 Europe Photovoltaic Pump by Country
6.1 Europe Photovoltaic Pump Historic Market Size by Country
6.1.1 Europe Photovoltaic Pump Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Photovoltaic Pump Sales in Volume by Country (2018-2023)
6.1.3 Europe Photovoltaic Pump Sales in Value by Country (2018-2023)
6.2 Europe Photovoltaic Pump Forecasted Market Size by Country
6.2.1 Europe Photovoltaic Pump Sales in Volume by Country (2024-2029)
6.2.2 Europe Photovoltaic Pump Sales in Value by Country (2024-2029)
7 Asia-Pacific Photovoltaic Pump by Region
7.1 Asia-Pacific Photovoltaic Pump Historic Market Size by Region
7.1.1 Asia-Pacific Photovoltaic Pump Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Photovoltaic Pump Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Photovoltaic Pump Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Photovoltaic Pump Forecasted Market Size by Region
7.2.1 Asia-Pacific Photovoltaic Pump Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Photovoltaic Pump Sales in Value by Region (2024-2029)
8 Latin America Photovoltaic Pump by Country
8.1 Latin America Photovoltaic Pump Historic Market Size by Country
8.1.1 Latin America Photovoltaic Pump Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Photovoltaic Pump Sales in Volume by Country (2018-2023)
8.1.3 Latin America Photovoltaic Pump Sales in Value by Country (2018-2023)
8.2 Latin America Photovoltaic Pump Forecasted Market Size by Country
8.2.1 Latin America Photovoltaic Pump Sales in Volume by Country (2024-2029)
8.2.2 Latin America Photovoltaic Pump Sales in Value by Country (2024-2029)
9 Middle East and Africa Photovoltaic Pump by Country
9.1 Middle East and Africa Photovoltaic Pump Historic Market Size by Country
9.1.1 Middle East and Africa Photovoltaic Pump Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Photovoltaic Pump Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Photovoltaic Pump Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Photovoltaic Pump Forecasted Market Size by Country
9.2.1 Middle East and Africa Photovoltaic Pump Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Photovoltaic Pump Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 LORENTZ
10.1.1 LORENTZ Company Information
10.1.2 LORENTZ Introduction and Business Overview
10.1.3 LORENTZ Photovoltaic Pump Sales, Revenue and Gross Margin (2018-2023)
10.1.4 LORENTZ Photovoltaic Pump Products Offered
10.1.5 LORENTZ Recent Development
10.2 Grundfos
10.2.1 Grundfos Company Information
10.2.2 Grundfos Introduction and Business Overview
10.2.3 Grundfos Photovoltaic Pump Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Grundfos Photovoltaic Pump Products Offered
10.2.5 Grundfos Recent Development
10.3 CRI Group
10.3.1 CRI Group Company Information
10.3.2 CRI Group Introduction and Business Overview
10.3.3 CRI Group Photovoltaic Pump Sales, Revenue and Gross Margin (2018-2023)
10.3.4 CRI Group Photovoltaic Pump Products Offered
10.3.5 CRI Group Recent Development
10.4 Mono Pumps
10.4.1 Mono Pumps Company Information
10.4.2 Mono Pumps Introduction and Business Overview
10.4.3 Mono Pumps Photovoltaic Pump Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Mono Pumps Photovoltaic Pump Products Offered
10.4.5 Mono Pumps Recent Development
10.5 Shakti Solar
10.5.1 Shakti Solar Company Information
10.5.2 Shakti Solar Introduction and Business Overview
10.5.3 Shakti Solar Photovoltaic Pump Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Shakti Solar Photovoltaic Pump Products Offered
10.5.5 Shakti Solar Recent Development
10.6 Tata Power
10.6.1 Tata Power Company Information
10.6.2 Tata Power Introduction and Business Overview
10.6.3 Tata Power Photovoltaic Pump Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Tata Power Photovoltaic Pump Products Offered
10.6.5 Tata Power Recent Development
10.7 Bright Solar
10.7.1 Bright Solar Company Information
10.7.2 Bright Solar Introduction and Business Overview
10.7.3 Bright Solar Photovoltaic Pump Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Bright Solar Photovoltaic Pump Products Offered
10.7.5 Bright Solar Recent Development
10.8 USL
10.8.1 USL Company Information
10.8.2 USL Introduction and Business Overview
10.8.3 USL Photovoltaic Pump Sales, Revenue and Gross Margin (2018-2023)
10.8.4 USL Photovoltaic Pump Products Offered
10.8.5 USL Recent Development
10.9 Advanced Power
10.9.1 Advanced Power Company Information
10.9.2 Advanced Power Introduction and Business Overview
10.9.3 Advanced Power Photovoltaic Pump Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Advanced Power Photovoltaic Pump Products Offered
10.9.5 Advanced Power Recent Development
10.10 SAJ
10.10.1 SAJ Company Information
10.10.2 SAJ Introduction and Business Overview
10.10.3 SAJ Photovoltaic Pump Sales, Revenue and Gross Margin (2018-2023)
10.10.4 SAJ Photovoltaic Pump Products Offered
10.10.5 SAJ Recent Development
10.11 Chinalight Solar
10.11.1 Chinalight Solar Company Information
10.11.2 Chinalight Solar Introduction and Business Overview
10.11.3 Chinalight Solar Photovoltaic Pump Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Chinalight Solar Photovoltaic Pump Products Offered
10.11.5 Chinalight Solar Recent Development
10.12 CEEG
10.12.1 CEEG Company Information
10.12.2 CEEG Introduction and Business Overview
10.12.3 CEEG Photovoltaic Pump Sales, Revenue and Gross Margin (2018-2023)
10.12.4 CEEG Photovoltaic Pump Products Offered
10.12.5 CEEG Recent Development
10.13 Quoncion Solar
10.13.1 Quoncion Solar Company Information
10.13.2 Quoncion Solar Introduction and Business Overview
10.13.3 Quoncion Solar Photovoltaic Pump Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Quoncion Solar Photovoltaic Pump Products Offered
10.13.5 Quoncion Solar Recent Development
10.14 Komaes Solar
10.14.1 Komaes Solar Company Information
10.14.2 Komaes Solar Introduction and Business Overview
10.14.3 Komaes Solar Photovoltaic Pump Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Komaes Solar Photovoltaic Pump Products Offered
10.14.5 Komaes Solar Recent Development
10.15 Solartech
10.15.1 Solartech Company Information
10.15.2 Solartech Introduction and Business Overview
10.15.3 Solartech Photovoltaic Pump Sales, Revenue and Gross Margin (2018-2023)
10.15.4 Solartech Photovoltaic Pump Products Offered
10.15.5 Solartech Recent Development
10.16 MNE
10.16.1 MNE Company Information
10.16.2 MNE Introduction and Business Overview
10.16.3 MNE Photovoltaic Pump Sales, Revenue and Gross Margin (2018-2023)
10.16.4 MNE Photovoltaic Pump Products Offered
10.16.5 MNE Recent Development
10.17 Evergreen Group
10.17.1 Evergreen Group Company Information
10.17.2 Evergreen Group Introduction and Business Overview
10.17.3 Evergreen Group Photovoltaic Pump Sales, Revenue and Gross Margin (2018-2023)
10.17.4 Evergreen Group Photovoltaic Pump Products Offered
10.17.5 Evergreen Group Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Photovoltaic Pump Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Photovoltaic Pump Industrial Chain Analysis
11.4 Photovoltaic Pump Market Dynamics
11.4.1 Photovoltaic Pump Industry Trends
11.4.2 Photovoltaic Pump Market Drivers
11.4.3 Photovoltaic Pump Market Challenges
11.4.4 Photovoltaic Pump Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Photovoltaic Pump Distributors
12.3 Photovoltaic Pump Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer

Published By : QY Research

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