According to recent findings, the India solar pumps Market Analysis, 2021”, the India solar pumps market is anticipated to grow at a considerable CAGR of 25% during 2021-26.

At MarkNtel Advisors, we continuously monitor and analyze industry trends to provide reliable insights that support informed decision-making and the key factors contributing to the market's promising outlook.

India Solar Pumps Overview:

The overall solar water pump demand is gaining considerable momentum for its extensive usage in irrigation and domestic purposes. To provide substantial capital subsidy support to the farmers, the government decided to install solar water pumps in India. Maharashtra contributed with the highest market share in 2020. Under the National Solar Mission of India, an initiative to promote solar energy in the country, the government has set a target of achieving 100 GW of solar power by the year 2022.

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India Solar Pumps Segmentation Analysis:

By Type

• Submersible Pumps
• Surface Pumps

By Drive

• AC Pump
• DC Pump

By Power Rating

• Upto 3 HP
• 1 HP to 10 HP
• 1 HP to 12.5 HP
• 6 HP to 19 HP
• Above 19 HP

By Applications

• Irrigation
• Residential

For deeper insights into the market, explore the summary of the research report – https://www.marknteladvisors.com/research-library/india-solar-pumps-market.html

Some of the Market players in the  India Solar Pumps are:

• Grundfos
• Kirloskar Brothers
• Ravindra Energy
• Bright Solar
• C.R.I. Pumps
• Claro Energy
• Jain Irrigation
• Shakti Pumps
• lpex Solar
• Tata Power Solar Systems.

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Key Highlights of the Report – Unlock Valuable Market Insights

• Market Size, Share Future Projections – Understand the current market dimensions and forecasted growth trajectory.
• In-Depth Pricing Analysis – Get clarity on pricing trends and cost structures across segments.
• Company Strategies Developments – Discover recent mergers, acquisitions, partnerships, and innovations.
• Key Stakeholders Value Chain Insights – Identify the main players and their roles within the industry ecosystem.
• Import Export Dynamics – Analyze trade flows, regional export trends, and supply chain movements.
• Competitive Benchmarking – Gain a clear view of the leading companies and their market positioning.
• Emerging Growth Opportunities – Spot untapped areas and niche markets for potential investment.
• Market Trends Growth Drivers – Stay ahead with insights into evolving consumer behavior and industry indicators.

Research Methodology Summary

A systematic approach is used to ensure accurate market insights, combining both bottom-up and top-down methods. Data triangulation validates findings from multiple angles.

Key Steps:

• Define objectives and research design
• Collect data through surveys and interviews
• Analyze and validate data using reliable tools
• Forecast trends and deliver actionable insights

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