Solar Pumps Market: Industry analysis and Forecast 2020-2027

DC surface suction is the leading product for solar pumps and accounted for three fourth of total solar pumps market in 2017. Increasing drip irrigation activities particularly in emerging economies of Asia Pacific is expected to drive solar powered DC suction pumps over the forecast period. While AC submersible pumps is foreseen to witness the highest growth rate over the forecast period. Escalating demand for greater efficiency solar pumps particularly in emerging economies of India is predicted to drive the demand for AC submersible pumps during the forecast period. AC submersible pumps are especially designed to pump groundwater from deeper wells or boreholes where DC suction pumps cannot be utilized.

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