Wind Powered Water Pumps Market Trends

Growth Drivers

• Lack of Availability of Electricity in Rural Areas More than 75% of the populace lacked access to electricity in 2021, one of the world's 46 LDCs. In rural areas, there was a very low level of electricity, with 458 million people, or two-thirds of the population of rural LDCs, having no access at all. Where electricity is available, pumping water is acceptable. Alternative power sources must be used when the electricity distribution infrastructure is unable to reach remote areas. Hence, wind energy is used to pump water as an alternative power source.
• Advancement in Technology & Growing Innovation The smooth and effective operation of these pumps in a variety of applications is a result of improvements in the structure and design of wind-powered water pumps. The smart control systems operate the pumps as efficiently as possible with the aid of algorithms and sensors. Systems for storing energy can store large amounts of extra energy. The Internet of Things (IoT) has thereby reduced the effort by making remote monitoring possible. The pumps now have a longer lifespan and function better as a result of these developments.
• Surge in Irrigation Activities Irrigation is the practice of artificially giving water to the soil. A water pump is necessary for numerous irrigation systems since it is crucial for lifting the water. One of the most important inventions for pumping water is the water pump, which also helps with effective irrigation for things including agriculture and lawn care. Hence, further to advance this process the adoption of wind energy growing with the rise in irrigation activities.

Challenges

• Lack of Awareness and Knowledge Regarding the Use – People in remote areas especially in developing areas are unaware of the advancement in water pump technology owing to the least connection to the modern world. Further, owing to this they also lack knowledge of its use. Therefore, this factor is estimated to hinder the growth of the wind powered water pumps market.
• Lack of After Sale Support in Rural Areas
• High Initial Cost of Wind Powered Water Pumps