Solar Pump Market - Top Companies and Manufacturers

Companies Dominating the Solar Pump Landscape

In addition to investing money in R&D to create robust and effective solar pump systems, many significant players in the solar pump market are constantly collaborating, expanding, making agreements, and taking part in joint ventures to fortify their positions in the industry.

Tata Power Solar
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KSB SE & Co. KGaA
CRI Groups
Franklin Electric Co., Inc.
Bernt Lorentz GmbH & Co. KG
Waterboy Pumps Pty Ltd
Shakti Pumps (India) Ltd.
Grundfos
Stanley Black & Decker, Inc.
Kirloskar Brothers Limited
Glynncorp Electrical
ABB

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Solar Pump Market Size & Share | Growth Forecasts 2036

In the News

ABB announced the launch of a new ACQ80 variable speed drive (VSD) that provides integrated pumping functions including flow computation and works with both extremely efficient permanent magnet-aided synchronous reluctance (SynRM) motors in surface and submersible pumps.
Kirloskar Brothers Limited introduced ANNIKA-II and ANISA-II pumps with 0.5 HP enhanced with cutting-edge security measures, and are designed to require less maintenance, especially in isolated areas.

Frequently Asked Questions (FAQ)

In the year 2023, the industry size of solar pump was over USD 3.3 billion.

The market size for solar pump is projected to cross USD 5.5 billion by the end of 2036 expanding at a CAGR of 14.5% during the forecast period i.e., between 2024-2036.

The major players in the market are KSB SE & Co. KGaA, CRI Groups, Franklin Electric Co., Inc., Bernt Lorentz GmbH & Co. KG, Waterboy Pumps Pty Ltd, Shakti Pumps (India) Ltd., Grundfos, Stanley Black & Decker, Inc., Kirloskar Brothers Limited, Glynncorp Electrical, and others.

In terms of product, the DC surface suction segment is anticipated to account for the largest market share of 81% during 2024-2036.

The Asia Pacific solar pump sector is poised to hold the highest share of 35% by 2036.

Solar Pump Market - Top Companies and Manufacturers

Companies Dominating the Solar Pump Landscape

Browse Key Market Insights with Data Illustration:

In the News

Frequently Asked Questions (FAQ)

How big is the solar pump industry?

What is the outlook for the solar pump market?

Who are the major players dominating the solar pump landscape?

Which product segment captures the significant market share for solar pump by 2036?

Which region will provide more opportunities for the solar pump business in the near future?