India Solar Pump Market Share
ID: MRFR/E&P/14640-HCR
128 Pages
September 2025
India Solar Pump Market Research Report Information By Product (Surface Suction, Submersible, and Floating), By End-users (Agriculture, Water Management, and Others), By Operation (AC Pump and DC Pump) –Market Forecast Till 2035
Market Summary
The Global India Solar Pump Market is projected to grow from 0.54 USD Million in 2024 to 0.00 USD Million by 2035, reflecting a robust growth trajectory.
Key Market Trends & Highlights
India Solar Pump Key Trends and Highlights
- The market is expected to expand significantly, with a projected value of 5000 USD Million by 2035. A compound annual growth rate (CAGR) of 11.57% is anticipated from 2025 to 2035. Starting at 1500 USD Million in 2024, the market demonstrates a strong upward trend in valuation. Growing adoption of solar technology due to increasing environmental concerns is a major market driver.
Market Size & Forecast
| 2024 Market Size | 0.54 (USD Million) |
| 2035 Market Size | 0.00 (USD Million) |
| CAGR (2025 - 2035) | 0.00% |
| Largest Regional Market Share in 2024 | -) |
Major Players
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Market Trends
Continuous technological advancements in solar pumping systems are driving market growth.
The market's growth in continuous technological advancements and innovations in solar pumping systems is influencing its growth. Developing more efficient and durable solar pump technologies has increased reliability and performance, making them a viable alternative to traditional diesel or electric pumps. Innovations like smart monitoring and control systems enable farmers to optimize water usage, track pump performance remotely, and enhance overall operational efficiency. Integrating Internet of Things (IoT) technology and data analytics further contributes to the evolution of smart solar pump solutions, providing farmers with real-time insights and decision-making tools.
Furthermore, the Indian Government is actively promoting the adoption of solar pumps as part of its broader initiatives to enhance agricultural productivity, ensure energy efficiency, and address water scarcity issues. Schemes such as the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) have played a pivotal role in incentivizing farmers to switch to solar-powered irrigation. Under PM-KUSUM, farmers receive financial assistance and subsidies for installing solar pumps, making them more affordable and attractive. It aligns with the government's commitment to sustainable development and deducting the carbon footprint of agricultural activities. Thus driving the Solar Pump market revenue.
India Solar Pump Market Segment Insights:
<p>The increasing emphasis on sustainable agricultural practices and the government's initiatives to promote renewable energy sources are driving the adoption of solar pumps across rural India, thereby enhancing water accessibility and agricultural productivity.</p>
Ministry of New and Renewable Energy, Government of India
India Solar Pump Market Market Drivers
Rising Demand for Sustainable Agriculture
The Global India Solar Pump Market Industry is experiencing a surge in demand driven by the increasing need for sustainable agricultural practices. Farmers are increasingly adopting solar pumps to reduce dependency on conventional energy sources, which are often unreliable and costly. The integration of solar technology not only enhances irrigation efficiency but also lowers operational costs. As a result, the market is projected to reach 1500 USD Million in 2024, reflecting a growing recognition of the environmental benefits associated with solar energy in agriculture. This trend is likely to continue as more farmers seek eco-friendly solutions to enhance productivity.
Market Segment Insights
Solar Pump Product Insights
<p>The India Solar Pump market segmentation, based on product, includes Surface Suction, Submersible, and Floating. The submersible segment dominated the market mostly. They are designed to operate underwater, efficiently harnessing solar energy to meet various agricultural and irrigation needs. <a href="https://www.marketresearchfuture.com/reports/submersible-pumps-market-1351">Submersible solar pumps</a> are crucial in enhancing water accessibility and promoting sustainable farming practices, aligning with India's growing focus on renewable energy solutions for agriculture.</p>
Solar Pump End-users Insights
<p>The India Solar Pump market segmentation, based on end-users, includes Agriculture, <a href="https://www.marketresearchfuture.com/reports/smart-water-management-market-33551">Water Management</a>, and Others. The agriculture category generated the most income. Solar pumps have gained traction with a growing emphasis on sustainable and efficient water management in farming. They offer a reliable, eco-friendly irrigation solution addressing the agricultural sector's crucial water needs. This segment's prominence underscores the role of solar technology in bolstering agricultural practices while contributing to India's renewable energy goals.</p>
Solar Pump Operation Insights
<p>The India Solar Pump market segmentation, based on operation, includes AC Pump and DC Pump. The AC Pump category generated the most income. These pumps, driven by alternating current, significantly harness solar energy for water-pumping applications. The widespread adoption of AC pumps underscores their efficiency and compatibility with solar power systems, contributing to the overall growth of the solar pump market in India.</p>
<p>Figure 1: India Solar Pump Market, by Operation, 2022 & 2032 (USD Billion)</p>
<p>Source: Secondary Research, Primary Research, MRFR Database and Analyst Review</p>
Solar Pump Country Insights
<p>The Indian solar pump market is experiencing significant growth, driven by the country's commitment to renewable energy and agricultural development. The government's initiatives, such as the Pradhan Mantri Kisan Urja Suraksha evam Utthan Mahabhiyan (PM-KUSUM) scheme, aim to promote solar-powered irrigation systems. India's vast agricultural sector sees solar pumps as a sustainable solution to address energy access challenges in remote areas. The market is witnessing increased adoption due to favorable policies, financial incentives, and the need for water-efficient farming practices.</p>
<p>With abundant sunlight and a focus on sustainable agriculture, India's solar pump market is poised for further expansion, contributing to energy efficiency and rural development.</p>
India Solar Pump Market Key Players & Competitive Insights
<p>Leading market players are investing majorly in research and development to spread their product lines, which will help the Solar Pump market grow even more. The participants are also undertaking various strategic activities to spread their footprint with new market developments, including product launches, contractual agreements, mergers and acquisitions, major investments, and collaboration with other organizations. The Solar Pump industry must offer cost-effective items to spread and survive in a competitive and rising market climate.</p>
<p>The players in the Solar Pump market are attempting to raise market demand by investing in research and development operations, including Lorentz (Germany), C. R. I. Pumps Private Limited (India), Tata Power Solar Systems Ltd (India), Shakti Pumps (India) Ltd (India), Wenling Jintai Pump Factory Limited (China), Bright Solar Limited (India), Grundfos (Denmark), Symtech Solar (Oman), PhotonSolar.com (Australia), Urja Global Limited (India) and Kavita Solar Energy Private Limited (India).</p>
Get more detailed insights about India Solar Pump Market Research Report – Forecast till 2035
Regional Insights
Key Players and Competitive Insights
Leading market players are investing majorly in research and development to spread their product lines, which will help the Solar Pump market grow even more. The participants are also undertaking various strategic activities to spread their footprint with new market developments, including product launches, contractual agreements, mergers and acquisitions, major investments, and collaboration with other organizations. The Solar Pump industry must offer cost-effective items to spread and survive in a competitive and rising market climate.
The players in the Solar Pump market are attempting to raise market demand by investing in research and development operations, including Lorentz (Germany), C. R. I. Pumps Private Limited (India), Tata Power Solar Systems Ltd (India), Shakti Pumps (India) Ltd (India), Wenling Jintai Pump Factory Limited (China), Bright Solar Limited (India), Grundfos (Denmark), Symtech Solar (Oman), PhotonSolar.com (Australia), Urja Global Limited (India) and Kavita Solar Energy Private Limited (India).
Key Companies in the India Solar Pump Market market include
Industry Developments
In 2022:Solar pumps are becoming pivotal for the Indian government to fulfill its mission of increasing farmers' incomes. Rajasthan is one of the few states that has taken the initiative to popularize solar pumps on a large scale in rural areas, and the budget announcement is likely to provide further impetus.
Future Outlook
India Solar Pump Market Future Outlook
<p>The India Solar Pump Market is projected to grow at an 11.57% CAGR from 2024 to 2035, driven by increasing agricultural demand, government incentives, and technological advancements.</p>
New opportunities lie in:
- <p>Develop smart solar pump solutions integrating IoT for real-time monitoring and efficiency optimization. Expand distribution networks in rural areas to enhance accessibility and affordability of solar pumps. Invest in R&D for hybrid solar pumps that combine solar and grid power for continuous operation.</p>
<p>By 2035, the India Solar Pump Market is expected to achieve substantial growth, positioning itself as a leader in sustainable agricultural solutions.</p>
Market Segmentation
Solar Pump Product Outlook
- Surface Suction
- Submersible
- Floating
Solar Pump End-users Outlook
- Agriculture
- Water Management
- Others
Solar Pump Operation Outlook
- AC Pump
- DC Pump
Report Scope
| Report Attribute/Metric | Details |
| Market Size 2035 | USD 2.7 Billion |
| Compound Annual Growth Rate (CAGR) | 0.00% (2025 - 2035) |
| Base Year | 2024 |
| Market Forecast Period | 2025 - 2035 |
| Historical Data | 2018- 2022 |
| Market Forecast Units | Value (USD Billion) |
| Report Coverage | Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Product, End-user, Operation, and Region |
| Countries Covered | India |
| Key Companies Profiled | Lorentz (Germany), C. R. I. Pumps Private Limited (India), Tata Power Solar Systems Ltd (India), Shakti Pumps (India) Ltd (India), Wenling Jintai Pump Factory Limited (China), Bright Solar Limited (India), Grundfos (Denmark), Symtech Solar (Oman), PhotonSolar.com (Australia), Urja Global Limited (India) and Kavita Solar Energy Private Limited (India) |
| Key Market Opportunities | Ongoing innovations in solar pump technology Rise in investments in improving infrastructure |
| Key Market Dynamics | Growth in the costs of grid electricity Rising focus on agriculture |
| Market Size 2024 | 0.54 (Value (USD Billion)) |
| Market Size 2025 | 0.57 (Value (USD Billion)) |
Market Highlights
Author
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FAQs
How much is the Solar Pump market?
The India Solar Pump market size was valued at USD 0.5 Billion in 2022.
What is the growth rate of the Solar Pump market?
The market is projected to grow at a CAGR of 15% during the forecast period, 2023-2032.
Who are the key players in the Solar Pump market?
The key players in the market are Lorentz (Germany), C. R. I. Pumps Private Limited (India), Tata Power Solar Systems Ltd (India), Shakti Pumps (India) Ltd (India), Wenling Jintai Pump Factory Limited (China), Bright Solar Limited (India), Grundfos (Denmark), Symtech Solar (Oman), PhotonSolar.com (Australia), Urja Global Limited (India) and Kavita Solar Energy Private Limited (India).
Which product led the Solar Pump market?
The submersible category dominated the market in 2022.
Which end-user had the largest market share in the Solar Pump market?
The agriculture category had the largest share of the market.
Which operation had the largest market share in the Solar Pump market?
The AC pump category had the largest share of the market.
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--- |-Table of Contents1. Executive Summary2. Market Introduction2.1. Definition2.2. Scope of the Study2.2.1. Research Objective2.2.2. Assumptions2.2.3.Limitations3. Research Methodology3.1. Overview3.2. Data Mining3.3. Secondary Research3.4. Primary Research3.4.1. Primary Interviews and Information Gathering Process3.4.2.Breakdown of Primary Respondents3.5. Forecasting Model3.6. Market Size Estimation3.6.1. Bottom-up Approach3.6.2. Top-Down Approach3.7. Data Triangulation3.8. Validation4. MARKET DYNAMICS4.1. Overview4.2. Drivers4.3. Restraints4.4. Opportunities5. MARKET FACTOR ANALYSIS5.1. Value Chain Analysis5.2. Porter’s Five Forces Analysis5.2.1. Bargaining Power of Suppliers5.2.2. Bargaining Power of Buyers5.2.3. Threat of New Entrants5.2.4. Threat of Substitutes5.2.5. Intensity of Rivalry5.3. COVID-19 Impact Analysis 5.3.1. Market Impact Analysis5.3.2. Regional Impact5.3.3. Opportunity and Threat Analysis6. INDIA SOLAR PUMP MARKET, BY PRODUCT6.1. Overview6.2. Surface Suction6.3. Submersible6.4. Floating7. INDIA SOLAR PUMP MARKET, BY END-USERS7.1. Overview7.2. Agriculture7.3. Water Management7.4. Others8. INDIA SOLAR PUMP MARKET, BY OPERATION8.1. Overview8.2. AC Pump8.3. DC Pump9. Competitive Landscape9.1. Overview9.2. Competitive Analysis9.3. Market Share Analysis9.4. Major Growth Strategy in the India Solar Pump Market,9.5. Competitive Benchmarking9.6. Leading Players in Terms of Number of Developments in the India Solar Pump Market,9.7. Key developments and Growth Strategies9.7.1. New Product Launch/Service Deployment9.7.2. Merger & Acquisitions9.7.3. Joint Ventures9.8. Major Players Financial Matrix 9.8.1. Sales & Operating Income, 20229.8.2. Major Players R&D Expenditure. 202210. COMPANY PROFILES10.1. Lorentz (Germany)10.1.1. Company Overview10.1.2. Financial Overview10.1.3. Products Offered10.1.4. Key Developments10.1.5. SWOT Analysis10.1.6. Key Strategies10.2. C. R. I. PUMPS PRIVATE LIMITED (INDIA)10.2.1. Company Overview10.2.2. Financial Overview10.2.3. Products Offered10.2.4. Key Developments10.2.5. SWOT Analysis10.2.6. Key Strategies10.3. Tata Power Solar Systems Ltd. (India)10.3.1. Company Overview10.3.2. Financial Overview10.3.3. Products Offered10.3.4. Key Developments10.3.5. SWOT Analysis10.3.6. Key Strategies10.4. SHAKTI PUMPS (INDIA) LTD (INDIA)10.4.1. Company Overview10.4.2. Financial Overview10.4.3. Products Offered10.4.4. Key Developments10.4.5. SWOT Analysis10.4.6. Key Strategies10.5. Wenling Jintai Pump Factory Limited (China)10.5.1. Company Overview10.5.2. Financial Overview10.5.3. Products Offered10.5.4. Key Developments10.5.5. SWOT Analysis10.5.6. Key Strategies10.6. Bright Solar Limited (India)10.6.1. Company Overview10.6.2. Financial Overview10.6.3. Products Offered10.6.4. Key Developments10.6.5. SWOT Analysis10.6.6. Key Strategies10.7. GRUNDFOS (DENMARK)10.7.1. Company Overview10.7.2. Financial Overview10.7.3. Products Offered10.7.4. Key Developments10.7.5. SWOT Analysis10.7.6. Key Strategies10.8. SYMTECH SOLAR (OMAN)10.8.1. Company Overview10.8.2. Financial Overview10.8.3. Products Offered10.8.4. Key Developments10.8.5. SWOT Analysis10.8.6. Key Strategies10.9. PhotonSolar.com (Australia)10.9.1. Company Overview10.9.2. Financial Overview10.9.3. Products Offered10.9.4. Key Developments10.9.5. SWOT Analysis10.9.6. Key Strategies10.10. Urja Global Limited (India)10.10.1. Company Overview10.10.2. Financial Overview10.10.3. Products Offered10.10.4. Key Developments10.10.5. SWOT Analysis10.10.6. Key Strategies10.11. Kavita Solar Energy Private Limited (India)10.11.1. Company Overview10.11.2. Financial Overview10.11.3. Products Offered10.11.4. Key Developments10.11.5. SWOT Analysis10.11.6. Key Strategies11. APPENDIX11.1. References11.2. Related Reports LIST OF TABLESTABLE 1 INDIA SOLAR PUMP MARKET, SYNOPSIS, 2018-2032TABLE 2 INDIA SOLAR PUMP MARKET, ESTIMATES & FORECAST, 2018-2032 (USD BILLION)TABLE 3 INDIA SOLAR PUMP MARKET, BY PRODUCT, 2018-2032 (USD BILLION)TABLE 4 INDIA SOLAR PUMP MARKET, BY END-USERS, 2018-2032 (USD BILLION)TABLE 5 INDIA SOLAR PUMP MARKET, BY OPERATION, 2018-2032 (USD BILLION)LIST OF FIGURESFIGURE 1 RESEARCH PROCESSFIGURE 2 MARKET STRUCTURE FOR THE INDIA SOLAR PUMP MARKETFIGURE 3 MARKET DYNAMICS FOR THE INDIA SOLAR PUMP MARKETFIGURE 4 INDIA SOLAR PUMP MARKET, SHARE (%), BY PRODUCT, 2022FIGURE 5 INDIA SOLAR PUMP MARKET, SHARE (%), BY END-USERS, 2022FIGURE 6 INDIA SOLAR PUMP MARKET, SHARE (%), BY OPERATION, 2022 FIGURE 7 INDIA SOLAR PUMP MARKET: COMPANY SHARE ANALYSIS, 2022 (%)FIGURE 8 LORENTZ (GERMANY): FINANCIAL OVERVIEW SNAPSHOTFIGURE 9 LORENTZ (GERMANY): SWOT ANALYSIS FIGURE 10 C. R. I. PUMPS PRIVATE LIMITED (INDIA): FINANCIAL OVERVIEW SNAPSHOTFIGURE 11 C. R. I. PUMPS PRIVATE LIMITED (INDIA): SWOT ANALYSISFIGURE 12 TATA POWER SOLAR SYSTEMS LTD. (INDIA): FINANCIAL OVERVIEW SNAPSHOTFIGURE 13 TATA POWER SOLAR SYSTEMS LTD. (INDIA): SWOT ANALYSISFIGURE 14 SHAKTI PUMPS (INDIA) LTD (INDIA): FINANCIAL OVERVIEW SNAPSHOTFIGURE 15 SHAKTI PUMPS (INDIA) LTD (INDIA): SWOT ANALYSISFIGURE 16 WENLING JINTAI PUMP FACTORY LIMITED (CHINA).: FINANCIAL OVERVIEW SNAPSHOTFIGURE 17 WENLING JINTAI PUMP FACTORY LIMITED (CHINA).: SWOT ANALYSIS FIGURE 18 BRIGHT SOLAR LIMITED (INDIA): FINANCIAL OVERVIEW SNAPSHOTFIGURE 19 BRIGHT SOLAR LIMITED (INDIA): SWOT ANALYSIS FIGURE 20 GRUNDFOS (DENMARK): FINANCIAL OVERVIEW SNAPSHOT FIGURE 21 GRUNDFOS (DENMARK): SWOT ANALYSISFIGURE 22 SYMTECH SOLAR (OMAN): FINANCIAL OVERVIEW SNAPSHOTFIGURE 23 SYMTECH SOLAR (OMAN): SWOT ANALYSISFIGURE 24 PHOTONSOLAR.COM (AUSTRALIA): FINANCIAL OVERVIEW SNAPSHOTFIGURE 25 PHOTONSOLAR.COM (AUSTRALIA): SWOT ANALYSISFIGURE 26 URJA GLOBAL LIMITED (INDIA): FINANCIAL OVERVIEW SNAPSHOTFIGURE 27 URJA GLOBAL LIMITED (INDIA): SWOT ANALYSISFIGURE 28 KAVITA SOLAR ENERGY PRIVATE LIMITED (INDIA): FINANCIAL OVERVIEW SNAPSHOTFIGURE 29 KAVITA SOLAR ENERGY PRIVATE LIMITED (INDIA): SWOT ANALYSIS
India Solar Pump Market Segmentation
Market Segmentation Overview
- Detailed segmentation data will be available in the full report
- Comprehensive analysis by multiple parameters
- Regional and country-level breakdowns
- Market size forecasts by segment
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