Solar Water Pump Drivers Market Report – Research, Industry Analysis Reports and Market Demands

Global Solar Water Pump Drivers Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

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Table of Content

1 Market Overview

1.1 Product Overview and Scope
1.2 Market Estimation Caveats and Base Year
1.3 Market Analysis by Type
- 1.3.1 Overview: Global Solar Water Pump Drivers Consumption Value by Type: 2020 Versus 2024 Versus 2031
- 1.3.2 220V
- 1.3.3 380V
1.4 Market Analysis by Application
- 1.4.1 Overview: Global Solar Water Pump Drivers Consumption Value by Application: 2020 Versus 2024 Versus 2031
- 1.4.2 Commercial
- 1.4.3 Home Use
1.5 Global Solar Water Pump Drivers Market Size & Forecast
- 1.5.1 Global Solar Water Pump Drivers Consumption Value (2020 & 2024 & 2031)
- 1.5.2 Global Solar Water Pump Drivers Sales Quantity (2020-2031)
- 1.5.3 Global Solar Water Pump Drivers Average Price (2020-2031)

2 Manufacturers Profiles

3 Competitive Environment: Solar Water Pump Drivers by Manufacturer

3.1 Global Solar Water Pump Drivers Sales Quantity by Manufacturer (2020-2025)
3.2 Global Solar Water Pump Drivers Revenue by Manufacturer (2020-2025)
3.3 Global Solar Water Pump Drivers Average Price by Manufacturer (2020-2025)
3.4 Market Share Analysis (2024)
- 3.4.1 Producer Shipments of Solar Water Pump Drivers by Manufacturer Revenue ($MM) and Market Share (%): 2024
- 3.4.2 Top 3 Solar Water Pump Drivers Manufacturer Market Share in 2024
- 3.4.3 Top 6 Solar Water Pump Drivers Manufacturer Market Share in 2024
3.5 Solar Water Pump Drivers Market: Overall Company Footprint Analysis
- 3.5.1 Solar Water Pump Drivers Market: Region Footprint
- 3.5.2 Solar Water Pump Drivers Market: Company Product Type Footprint
- 3.5.3 Solar Water Pump Drivers Market: Company Product Application Footprint
3.6 New Market Entrants and Barriers to Market Entry
3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region

4.1 Global Solar Water Pump Drivers Market Size by Region
- 4.1.1 Global Solar Water Pump Drivers Sales Quantity by Region (2020-2031)
- 4.1.2 Global Solar Water Pump Drivers Consumption Value by Region (2020-2031)
- 4.1.3 Global Solar Water Pump Drivers Average Price by Region (2020-2031)
4.2 North America Solar Water Pump Drivers Consumption Value (2020-2031)
4.3 Europe Solar Water Pump Drivers Consumption Value (2020-2031)
4.4 Asia-Pacific Solar Water Pump Drivers Consumption Value (2020-2031)
4.5 South America Solar Water Pump Drivers Consumption Value (2020-2031)
4.6 Middle East & Africa Solar Water Pump Drivers Consumption Value (2020-2031)

5 Market Segment by Type

5.1 Global Solar Water Pump Drivers Sales Quantity by Type (2020-2031)
5.2 Global Solar Water Pump Drivers Consumption Value by Type (2020-2031)
5.3 Global Solar Water Pump Drivers Average Price by Type (2020-2031)

6 Market Segment by Application

6.1 Global Solar Water Pump Drivers Sales Quantity by Application (2020-2031)
6.2 Global Solar Water Pump Drivers Consumption Value by Application (2020-2031)
6.3 Global Solar Water Pump Drivers Average Price by Application (2020-2031)

7 North America

7.1 North America Solar Water Pump Drivers Sales Quantity by Type (2020-2031)
7.2 North America Solar Water Pump Drivers Sales Quantity by Application (2020-2031)
7.3 North America Solar Water Pump Drivers Market Size by Country
- 7.3.1 North America Solar Water Pump Drivers Sales Quantity by Country (2020-2031)
- 7.3.2 North America Solar Water Pump Drivers Consumption Value by Country (2020-2031)
- 7.3.3 United States Market Size and Forecast (2020-2031)
- 7.3.4 Canada Market Size and Forecast (2020-2031)
- 7.3.5 Mexico Market Size and Forecast (2020-2031)

8 Europe

8.1 Europe Solar Water Pump Drivers Sales Quantity by Type (2020-2031)
8.2 Europe Solar Water Pump Drivers Sales Quantity by Application (2020-2031)
8.3 Europe Solar Water Pump Drivers Market Size by Country
- 8.3.1 Europe Solar Water Pump Drivers Sales Quantity by Country (2020-2031)
- 8.3.2 Europe Solar Water Pump Drivers Consumption Value by Country (2020-2031)
- 8.3.3 Germany Market Size and Forecast (2020-2031)
- 8.3.4 France Market Size and Forecast (2020-2031)
- 8.3.5 United Kingdom Market Size and Forecast (2020-2031)
- 8.3.6 Russia Market Size and Forecast (2020-2031)
- 8.3.7 Italy Market Size and Forecast (2020-2031)

9 Asia-Pacific

9.1 Asia-Pacific Solar Water Pump Drivers Sales Quantity by Type (2020-2031)
9.2 Asia-Pacific Solar Water Pump Drivers Sales Quantity by Application (2020-2031)
9.3 Asia-Pacific Solar Water Pump Drivers Market Size by Region
- 9.3.1 Asia-Pacific Solar Water Pump Drivers Sales Quantity by Region (2020-2031)
- 9.3.2 Asia-Pacific Solar Water Pump Drivers Consumption Value by Region (2020-2031)
- 9.3.3 China Market Size and Forecast (2020-2031)
- 9.3.4 Japan Market Size and Forecast (2020-2031)
- 9.3.5 South Korea Market Size and Forecast (2020-2031)
- 9.3.6 India Market Size and Forecast (2020-2031)
- 9.3.7 Southeast Asia Market Size and Forecast (2020-2031)
- 9.3.8 Australia Market Size and Forecast (2020-2031)

10 South America

10.1 South America Solar Water Pump Drivers Sales Quantity by Type (2020-2031)
10.2 South America Solar Water Pump Drivers Sales Quantity by Application (2020-2031)
10.3 South America Solar Water Pump Drivers Market Size by Country
- 10.3.1 South America Solar Water Pump Drivers Sales Quantity by Country (2020-2031)
- 10.3.2 South America Solar Water Pump Drivers Consumption Value by Country (2020-2031)
- 10.3.3 Brazil Market Size and Forecast (2020-2031)
- 10.3.4 Argentina Market Size and Forecast (2020-2031)

11 Middle East & Africa

11.1 Middle East & Africa Solar Water Pump Drivers Sales Quantity by Type (2020-2031)
11.2 Middle East & Africa Solar Water Pump Drivers Sales Quantity by Application (2020-2031)
11.3 Middle East & Africa Solar Water Pump Drivers Market Size by Country
- 11.3.1 Middle East & Africa Solar Water Pump Drivers Sales Quantity by Country (2020-2031)
- 11.3.2 Middle East & Africa Solar Water Pump Drivers Consumption Value by Country (2020-2031)
- 11.3.3 Turkey Market Size and Forecast (2020-2031)
- 11.3.4 Egypt Market Size and Forecast (2020-2031)
- 11.3.5 Saudi Arabia Market Size and Forecast (2020-2031)
- 11.3.6 South Africa Market Size and Forecast (2020-2031)

12 Market Dynamics

12.1 Solar Water Pump Drivers Market Drivers
12.2 Solar Water Pump Drivers Market Restraints
12.3 Solar Water Pump Drivers Trends Analysis
12.4 Porters Five Forces Analysis
- 12.4.1 Threat of New Entrants
- 12.4.2 Bargaining Power of Suppliers
- 12.4.3 Bargaining Power of Buyers
- 12.4.4 Threat of Substitutes
- 12.4.5 Competitive Rivalry

13 Raw Material and Industry Chain

13.1 Raw Material of Solar Water Pump Drivers and Key Manufacturers
13.2 Manufacturing Costs Percentage of Solar Water Pump Drivers
13.3 Solar Water Pump Drivers Production Process
13.4 Industry Value Chain Analysis

14 Shipments by Distribution Channel

14.1 Sales Channel
- 14.1.1 Direct to End-User
- 14.1.2 Distributors
14.2 Solar Water Pump Drivers Typical Distributors
14.3 Solar Water Pump Drivers Typical Customers

15 Research Findings and Conclusion

16 Appendix

16.1 Methodology
16.2 Research Process and Data Source

Description

According to our (Global Info Research) latest study, the global Solar Water Pump Drivers market size was valued at US$ 986 million in 2024 and is forecast to a readjusted size of USD 1444 million by 2031 with a CAGR of 5.7% during review period.
The solar water pump driver converts the direct current of the solar panel into alternating current, which can drive various water pumps, which are used to control and regulate the operation of the solar water pump system, and provide clean water for the remote areas where the power facilities are scarce.
China has implemented the Renewable Energy Law since 2006, in which Article 4 clearly states that, the State gives first priority to the exploration of renewable energy. Over the years, various departments of the Chinese government have successively issued a large number of policies, covering production, sales, taxation, subsidies and other aspects. After setting the carbon neutrality goal in 2021, from a national perspective, the upgrading of the energy structure is ever imperative, and therefore the optoelectronic industry has great potential. The European Commission released the Net-Zero Industry Act in 2023. This bill aims to stimulate local manufacturing in Europe, reduce import dependence on China, and ensure that at least 40% of the EU"s clean energy demand can be met by 2030. The EU targets an installed solar capacity of 600 GW. Overall, the European market still has a lot of room for development. US 2022 release of the Inflation Reduction Act, which includes $369 billion for energy security and climate change investments. For the photovoltaic industry, the bill stimulates its development from multiple aspects such as corporate and individual tax credits, production subsidies, and loans throughout the industry chain, and revitalizes the domestic manufacturing industry in the United States. Japanese authorities plan to make solar panels mandatory for new residential buildings in Tokyo from 2025 onwards. It is estimated that by 2030, photovoltaic power generation will account for 14%-16% of Japan"s total power generation, and the cumulative installed capacity of photovoltaic systems will be about 117.298 GW. Increasing demand for the use of solar technology in commercial and residential sectors and supportive government regulations are the major drivers driving the demand for solar water pump inverters market. Rising investments by private investors and favorable solar projects also have strong growth potential over the forecast period. Moreover, significant growth in the utilities sector owing to rise in solar projects deploying solar inverters is also driving the growth of the market. Growth in government development of solar parks, smart city projects, and solar subsidy schemes for residential and commercial sectors are promising growth opportunities for the market over the forecast period. The solar water pump inverter market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America. Asia Pacific accounted for the largest market share in the solar water pump inverter market due to increased efforts by the governments of developing economies such as China, India, and Japan to adopt solar energy on a large scale. Demand for solar water pump inverters is expected to witness the highest growth over the forecast period owing to rising private sector investments and growing awareness about the use of solar energy. North America and Europe are expected to witness growth over the forecast period owing to the contribution of the utility sector to the development of solar parks, smart city projects, and solar subsidy programs, which will help leverage the demand for solar water pump inverters over the forecast period. The Middle East, Africa, and Latin America are expected to witness strong growth over the forecast period owing to substantial investments in the solar industry. Hence, increasing investments in solar energy and government supportive initiatives drive the demand for solar water pump inverters, thereby leading to the growth of the market.
This report is a detailed and comprehensive analysis for global Solar Water Pump Drivers market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Solar Water Pump Drivers market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Solar Water Pump Drivers market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Solar Water Pump Drivers market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Solar Water Pump Drivers market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Solar Water Pump Drivers
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Solar Water Pump Drivers market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include ABB, Hitachi, Voltronic Power, Schneider Electric, OREX, JNTECH, GRUNDFOS, INVT, B&B Power, Micno, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Solar Water Pump Drivers market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
220V
380V
Market segment by Application
Commercial
Home Use
Major players covered
ABB
Hitachi
Voltronic Power
Schneider Electric
OREX
JNTECH
GRUNDFOS
INVT
B&B Power
Micno
Sollatek
Restar Solar
Solar Tech
Gozuk
MNE
Voltacon
Hober
MUST ENERGY Power
VEICHI
Sandi
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Solar Water Pump Drivers product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Solar Water Pump Drivers, with price, sales quantity, revenue, and global market share of Solar Water Pump Drivers from 2020 to 2025.
Chapter 3, the Solar Water Pump Drivers competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Solar Water Pump Drivers breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Solar Water Pump Drivers market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Solar Water Pump Drivers.
Chapter 14 and 15, to describe Solar Water Pump Drivers sales channel, distributors, customers, research findings and conclusion.

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