Solar Pump Market in India 2024-2028

Description

List of Tables

The solar pump market in india is forecasted to grow by USD 518.4 mn during 2023-2028, accelerating at a CAGR of 10% 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, and rising government schemes in india.

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

Market Scope
Base Year	2024
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	9.2%
CAGR	10%
Incremental Value	$518.4 mn

By Product

Surface suction
Submersible
Floating

By End-user

Agriculture
Water management
Others

By Geographical Landscape

APAC

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 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., SILRES Energy Solutions Pvt. Ltd., Tata Power Co. Ltd., Veer Pump Industries, and 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 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 and vendor landscape in addition to an analysis of the key vendors.

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 Company Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
2.2 Market characteristics
- Market characteristics analysis
2.3 Value chain analysis
- Value Chain Analysis

3 Market Sizing

3.1 Market definition
- Offerings of companies included in the market definition
3.2 Market segment analysis
- Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
- Chart on India - Market size and forecast 2023-2028 ($ million)
- Data Table on India - Market size and forecast 2023-2028 ($ million)
- Chart on India: Year-over-year growth 2023-2028 (%)
- Data Table on India: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Solar Pump Market in India 2018 - 2022
- Historic Market Size - Data Table on Solar Pump Market in India 2018 - 2022 ($ million)
4.2 Product segment analysis 2018 - 2022
- Historic Market Size - Product Segment 2018 - 2022 ($ million)
4.3 End-user segment analysis 2018 - 2022
- Historic Market Size - End-user Segment 2018 - 2022 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
- Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
- Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Product

6.1 Market segments
- Chart on Product - Market share 2023-2028 (%)
- Data Table on Product - Market share 2023-2028 (%)
6.2 Comparison by Product
- Chart on Comparison by Product
- Data Table on Comparison by Product
6.3 Surface suction - Market size and forecast 2023-2028
- Chart on Surface suction - Market size and forecast 2023-2028 ($ million)
- Data Table on Surface suction - Market size and forecast 2023-2028 ($ million)
- Chart on Surface suction - Year-over-year growth 2023-2028 (%)
- Data Table on Surface suction - Year-over-year growth 2023-2028 (%)
6.4 Submersible - Market size and forecast 2023-2028
- Chart on Submersible - Market size and forecast 2023-2028 ($ million)
- Data Table on Submersible - Market size and forecast 2023-2028 ($ million)
- Chart on Submersible - Year-over-year growth 2023-2028 (%)
- Data Table on Submersible - Year-over-year growth 2023-2028 (%)
6.5 Floating - Market size and forecast 2023-2028
- Chart on Floating - Market size and forecast 2023-2028 ($ million)
- Data Table on Floating - Market size and forecast 2023-2028 ($ million)
- Chart on Floating - Year-over-year growth 2023-2028 (%)
- Data Table on Floating - Year-over-year growth 2023-2028 (%)
6.6 Market opportunity by Product
- Market opportunity by Product ($ million)
- Data Table on Market opportunity by Product ($ million)

7 Market Segmentation by End-user

7.1 Market segments
- Chart on End-user - Market share 2023-2028 (%)
- Data Table on End-user - Market share 2023-2028 (%)
7.2 Comparison by End-user
- Chart on Comparison by End-user
- Data Table on Comparison by End-user
7.3 Agriculture - Market size and forecast 2023-2028
- Chart on Agriculture - Market size and forecast 2023-2028 ($ million)
- Data Table on Agriculture - Market size and forecast 2023-2028 ($ million)
- Chart on Agriculture - Year-over-year growth 2023-2028 (%)
- Data Table on Agriculture - Year-over-year growth 2023-2028 (%)
7.4 Water management - Market size and forecast 2023-2028
- Chart on Water management - Market size and forecast 2023-2028 ($ million)
- Data Table on Water management - Market size and forecast 2023-2028 ($ million)
- Chart on Water management - Year-over-year growth 2023-2028 (%)
- Data Table on Water management - Year-over-year growth 2023-2028 (%)
7.5 Others - Market size and forecast 2023-2028
- Chart on Others - Market size and forecast 2023-2028 ($ million)
- Data Table on Others - Market size and forecast 2023-2028 ($ million)
- Chart on Others - Year-over-year growth 2023-2028 (%)
- Data Table on Others - Year-over-year growth 2023-2028 (%)
7.6 Market opportunity by End-user
- Market opportunity by End-user ($ million)
- Data Table on Market opportunity by End-user ($ million)

8 Customer Landscape

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

9 Drivers, Challenges, and Opportunity/Restraints

9.1 Market drivers
9.2 Market challenges
9.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028
9.4 Market opportunities/restraints

10 Competitive Landscape

10.1 Overview
10.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
10.3 Landscape disruption
- Overview on factors of disruption
10.4 Industry risks
- Impact of key risks on business

11 Competitive Analysis

11.1 Companies profiled
- Companies covered
11.2 Market positioning of companies
- Matrix on companies position and classification
11.3 Aquasub Engineering
- Aquasub Engineering - Overview
- Aquasub Engineering - Product / Service
- Aquasub Engineering - Key offerings
11.4 Bright Solar Ltd.
- Bright Solar Ltd. - Overview
- Bright Solar Ltd. - Business segments
- Bright Solar Ltd. - Key offerings
- Bright Solar Ltd. - Segment focus
11.5 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
11.6 Falcon Pumps Pvt. Ltd.
- Falcon Pumps Pvt. Ltd. - Overview
- Falcon Pumps Pvt. Ltd. - Product / Service
- Falcon Pumps Pvt. Ltd. - Key offerings
11.7 Lubi Solar
- Lubi Solar - Overview
- Lubi Solar - Product / Service
- Lubi Solar - Key offerings
11.8 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
11.9 Shakti Pumps India Ltd.
- Shakti Pumps India Ltd. - Overview
- Shakti Pumps India Ltd. - Product / Service
- Shakti Pumps India Ltd. - Key offerings
11.10 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
11.11 Tata Power Co. Ltd.
- Tata Power Co. Ltd. - Overview
- Tata Power Co. Ltd. - Business segments
- Tata Power Co. Ltd. - Key offerings
- Tata Power Co. Ltd. - Segment focus
11.12 Waaree Energies Ltd.
- Waaree Energies Ltd. - Overview
- Waaree Energies Ltd. - Product / Service
- Waaree Energies Ltd. - Key offerings

12 Appendix

12.1 Scope of the report
12.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
12.3 Currency conversion rates for US$
- Currency conversion rates for US$
12.4 Research methodology
- Research methodology
12.5 Data procurement
- Information sources
12.6 Data validation
- Data validation
12.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
12.8 Data synthesis
- Data synthesis
12.9 360 degree market analysis
- 360 degree market analysis
12.10 List of abbreviations
- List of abbreviations