Solar Pump Market In India 2025-2029

Description

The solar pump market in india is forecasted to grow by USD 586.6 mn during 2024-2029, accelerating at a CAGR of 10.3% during the forecast period. The report on the solar pump market in india provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising dependence on renewable energy sources, easy installation of solar pump, rising government schemes in india.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.

Market Scope
Base Year	2025
End Year	2029
Series Year	2025-2029
Growth Momentum	Accelerate
YOY 2025	9.5%
CAGR	10.3%
Incremental Value	$586.6 mn

Technavio's solar pump market in india is segmented as below:

By Product

Surface suction
Submersible
Floating

By End-User

Agriculture
Water management
Others

By Power Rating

Below 5 HP
5-10 HP
10-20 HP
Above 20 HP

Geography

APAC
- India

This study identifies the rising development of microgrid systems in india as one of the prime reasons driving the solar pump market in india growth during the next few years. Also, new product launches in market and increasing awareness in rural areas will lead to sizable demand in the market.

The report on the solar pump market in india covers the following areas:

Solar pump market in india sizing
Solar pump market in india forecast
Solar pump market in india industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading solar pump market in india vendors that include Amrut Energy Pvt. Ltd., Aquasub Engineering, BERNT LORENTZ GmbH, Bright Solar Ltd., C.R.I. Pumps Pvt. Ltd., Crompton Greaves Consumer Electricals Ltd., Falcon Pumps Pvt. Ltd., Grundfos Holding AS, Jyoty Solar Power, Lubi Solar, Novergy Energy Solutions Pvt. Ltd., Shakti Pumps India Ltd., Solartive Techno Industries Pvt Ltd, SILRES Energy Solutions Pvt. Ltd., Unnati Pumps Pvt Ltd., Waaree Energies Ltd.. Also, the solar pump market in india analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Product Code: IRTNTR71522

1 Executive Summary

1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Country Market Characteristics
- Executive Summary - Chart on Market Segmentation by Product
- Executive Summary - Chart on Market Segmentation by End-user
- Executive Summary - Chart on Market Segmentation by Power Rating
- Executive Summary - Chart on Company Market Positioning

2 Technavio Analysis

2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
2.2 Criticality of inputs and Factors of differentiation
- Overview on criticality of inputs and factors of differentiation
2.3 Factors of disruption
- Overview on factors of disruption
2.4 Impact of drivers and challenges
- Impact of drivers and challenges in 2024 and 2029

3 Market Landscape

3.1 Market ecosystem
3.2 Market characteristics
3.3 Value chain analysis

4 Market Sizing

4.1 Market definition
4.2 Market segment analysis
- Market segments
4.3 Market size 2024
4.4 Market outlook: Forecast for 2024-2029

5 Historic Market Size

5.1 Solar Pump Market in India 2019 - 2023
- Historic Market Size - Data Table on Solar Pump Market in India 2019 - 2023 ($ million)
5.2 Product segment analysis 2019 - 2023
- Historic Market Size - Product Segment 2019 - 2023 ($ million)
5.3 End-user segment analysis 2019 - 2023
- Historic Market Size - End-user Segment 2019 - 2023 ($ million)
5.4 Power Rating segment analysis 2019 - 2023
- Historic Market Size - Power Rating Segment 2019 - 2023 ($ million)

6 Qualitative Analysis

6.1 Impact of AI in the solar pump market in India

7 Five Forces Analysis

7.1 Five forces summary
- Five forces analysis - Comparison between 2024 and 2029
7.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2024 and 2029
7.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2024 and 2029
7.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2024 and 2029
7.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2024 and 2029
7.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2024 and 2029
7.7 Market condition

8 Market Segmentation by Product

8.1 Market segments
8.2 Comparison by Product
8.3 Surface suction - Market size and forecast 2024-2029
8.4 Submersible - Market size and forecast 2024-2029
8.5 Floating - Market size and forecast 2024-2029
8.6 Market opportunity by Product
- Market opportunity by Product ($ million)

9 Market Segmentation by End-user

9.1 Market segments
9.2 Comparison by End-user
9.3 Agriculture - Market size and forecast 2024-2029
9.4 Water management - Market size and forecast 2024-2029
9.5 Others - Market size and forecast 2024-2029
9.6 Market opportunity by End-user
- Market opportunity by End-user ($ million)

10 Market Segmentation by Power Rating

10.1 Market segments
10.2 Comparison by Power Rating
10.3 Below 5 HP - Market size and forecast 2024-2029
10.4 5-10 HP - Market size and forecast 2024-2029
10.5 10-20 HP - Market size and forecast 2024-2029
10.6 Above 20 HP - Market size and forecast 2024-2029
10.7 Market opportunity by Power Rating
- Market opportunity by Power Rating ($ million)

11 Customer Landscape

11.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

12 Drivers, Challenges, and Opportunity

12.1 Market drivers
- Rising dependence on renewable energy sources
- Easy installation of solar pump
- Rising government schemes in India
12.2 Market challenges
- High cost of solar pumps
- High dependence on weather
- Lack of maintenance of solar pump
12.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2024 and 2029
12.4 Market opportunities
- Rising development of microgrid systems in India
- New product launches in market
- Increasing awareness in rural areas

13 Competitive Landscape

13.1 Overview
13.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
13.3 Landscape disruption
- Overview on factors of disruption
13.4 Industry risks
- Impact of key risks on business

14 Competitive Analysis

14.1 Companies profiled
- Companies covered
14.2 Company ranking index
- Company ranking index
14.3 Market positioning of companies
- Matrix on companies position and classification
14.4 Amrut Energy Pvt. Ltd.
- Amrut Energy Pvt. Ltd. - Overview
- Amrut Energy Pvt. Ltd. - Product / Service
- Amrut Energy Pvt. Ltd. - Key offerings
- SWOT
14.5 Aquasub Engineering
- Aquasub Engineering - Overview
- Aquasub Engineering - Product / Service
- Aquasub Engineering - Key offerings
- SWOT
14.6 Bright Solar Ltd.
- Bright Solar Ltd. - Overview
- Bright Solar Ltd. - Business segments
- Bright Solar Ltd. - Key offerings
- Bright Solar Ltd. - Segment focus
- SWOT
14.7 C.R.I. Pumps Pvt. Ltd.
- C.R.I. Pumps Pvt. Ltd. - Overview
- C.R.I. Pumps Pvt. Ltd. - Product / Service
- C.R.I. Pumps Pvt. Ltd. - Key offerings
- SWOT
14.8 Crompton Greaves Consumer Electricals Ltd.
- Crompton Greaves Consumer Electricals Ltd. - Overview
- Crompton Greaves Consumer Electricals Ltd. - Product / Service
- Crompton Greaves Consumer Electricals Ltd. - Key offerings
- SWOT
14.9 Falcon Pumps Pvt. Ltd.
- Falcon Pumps Pvt. Ltd. - Overview
- Falcon Pumps Pvt. Ltd. - Product / Service
- Falcon Pumps Pvt. Ltd. - Key offerings
- SWOT
14.10 Grundfos Holding AS
- Grundfos Holding AS - Overview
- Grundfos Holding AS - Product / Service
- Grundfos Holding AS - Key news
- Grundfos Holding AS - Key offerings
- SWOT
14.11 Jyoty Solar Power
- Jyoty Solar Power - Overview
- Jyoty Solar Power - Product / Service
- Jyoty Solar Power - Key offerings
- SWOT
14.12 Lubi Solar
- Lubi Solar - Overview
- Lubi Solar - Product / Service
- Lubi Solar - Key offerings
- SWOT
14.13 Novergy Energy Solutions Pvt. Ltd.
- Novergy Energy Solutions Pvt. Ltd. - Overview
- Novergy Energy Solutions Pvt. Ltd. - Product / Service
- Novergy Energy Solutions Pvt. Ltd. - Key offerings
- SWOT
14.14 Shakti Pumps India Ltd.
- Shakti Pumps India Ltd. - Overview
- Shakti Pumps India Ltd. - Product / Service
- Shakti Pumps India Ltd. - Key offerings
- SWOT
14.15 Solartive Techno Industries Pvt Ltd
- Solartive Techno Industries Pvt Ltd - Overview
- Solartive Techno Industries Pvt Ltd - Product / Service
- Solartive Techno Industries Pvt Ltd - Key offerings
- SWOT
14.16 SILRES Energy Solutions Pvt. Ltd.
- SILRES Energy Solutions Pvt. Ltd. - Overview
- SILRES Energy Solutions Pvt. Ltd. - Product / Service
- SILRES Energy Solutions Pvt. Ltd. - Key offerings
- SWOT
14.17 Unnati Pumps Pvt Ltd.
- Unnati Pumps Pvt Ltd. - Overview
- Unnati Pumps Pvt Ltd. - Product / Service
- Unnati Pumps Pvt Ltd. - Key offerings
- SWOT
14.18 Waaree Energies Ltd.
- Waaree Energies Ltd. - Overview
- Waaree Energies Ltd. - Product / Service
- Waaree Energies Ltd. - Key offerings
- SWOT

15 Appendix

15.1 Scope of the report
- Market definition
- Objectives
- Notes and caveats
15.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
15.3 Currency conversion rates for US$
- Currency conversion rates for US$
15.4 Research methodology
- Research methodology
15.5 Data procurement
- Information sources
15.6 Data validation
- Data validation
15.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
15.8 Data synthesis
- Data synthesis
15.9 360 degree market analysis
- 360 degree market analysis
15.10 List of abbreviations
- List of abbreviations