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The global solar pump market was valued at approximately USD 1.2 billion in 2024 and is projected to reach growing at a robust CAGR of 14.5% during the forecast period (2026u20132033).<br><br>
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Solar Pump Market: Powering the Future of Water Solar pumps offer a renewable energy solution for diverse water pumping needs. They are environmentally friendly, cost-effective, and sustainable. The global market is poised for substantial growth.
Solar Pump Market Size and Growth The global solar pump market was valued at $2.1 billion in 2023. It is expected to reach $4.8 billion by 2033, growing at an 8.6% CAGR. Asia-Pacific dominates the market due to high agricultural demand.
Key Players in the Solar Pump Market Lorentz (Germany) Leading manufacturer of solar pumping systems. Grundfos (Denmark) Global