Global Solar Water Pumps Market stood at USD484.46 million in 2021 and is forecast to grow at a CAGR of 8.46% by 2027. A solar water pump system is basically an electrical pump system that is powered by one or more Photovoltaic (PV) panels. A typical solar pumping system includes a solar panel array that runs on electricity, which in turn powers a bore or ground pump. Moreover, it operates on the photovoltaic principle. PV (photovoltaic) systems absorb radiant solar energy and convert it into electricity while a solar pump is operating. This generated electricity for the entire system is used for many purposes such as irrigation, potable drinking water and community water supply. Market Segmentation Global Solar Water Pumps Market can be segmented into Type, Capacity, Application, operation and Region. Based on Type, the market is segmented into Submersible & Surface. Based on Capacity, the market is segmented into Below 5 HP, 5-8 HP & Above 8 HP. Based on Application, the market is segmented into Irrigation, Drinking Water, Industrial & Others. Based on Operation, the market is segmented into AC Pump & DC Pump. Company Profiles Shakti Pumps (India) Ltd., Tata Power Solar Systems Ltd., C.R.I. Pumps Private Limited, Oswal Pumps Limited, Bernt Lorentz GmbH & Co. KG, Aquasub Engineering, Greenmax Technology, China Samking Solar Pump, Lubi Electronics, Vincent Solar Energy, Tulima Solar Ltd., Grundfos Holding A/S, Topsun Energy Limited, Jain Irrigation Systems Ltd., Novergy Energy Solutions Pvt. Ltd., Adpower FZCO are among the major market players that lead the market growth of the Global Solar Water Pumps Market. Download Free Sample Report: https://www.techsciresearch.com/sample-report.aspx?cid=10714 For More Information Visit: https://www.techsciresearch.com/report/solar-water-pumps-market/10714.html

Global Solar Water Pumps market has valued at USD 3.84 Billion in 2022 and is anticipated to project robust growth in the forecast period with a CAGR of 9.57% through 2028, the government's growing investments in efforts to lessen dependence on fossil fuels and lower greenhouse gas emissions have greatly boosted the use of solar pumps. Download Free Sample Report in PDF Format: https://www.techsciresearch.com/sample-report.aspx?cid=10714 (Use your Corporate E-mail Id for Faster Response) For More Information Visit: https://www.techsciresearch.com/report/solar-water-pumps-market/10714.html Key Market Players Alpex Solar Pumps Aqua Group Bright Solar Limited C.R.I. Pumps Private Limited Crompton LORENTZ Dankoff Solar Duke Plasto Technique Private Limited EcoSoach Ecozen Solutions