Press release
Solar Pumps Market in USA: 10.9% CAGR Through 2035, 76% Deployment in Farming and Rural Water Sectors - Fact.MR
Market Drivers / Growth Overview
Intensifying water scarcity and rural electrification needs are fueling the solar pumps market. As sustainable irrigation becomes imperative for global agriculture, solar pumps deliver efficient, off-grid solutions that reduce energy costs and enhance productivity. Key enablers include subsidies for renewable adoption and IoT-enabled smart systems for precision farming. The market anticipates 2.6X growth through 2035, with an absolute dollar opportunity of USD 2.6 billion. The 2030-2035 phase will drive 72% of this expansion, supported by hybrid battery integrations and policy frameworks that promote energy independence, positioning solar pumps as foundational for resilient water management in developing and mature economies.
Key Market Insights at a Glance
2025 Market Value: USD 1.6 billion
2035 Forecast Value: USD 4.2 billion
CAGR (2025-2035): 10%
Top Product Type: Submersible (52% share)
Dominant Application: Agriculture irrigation (63% share)
Fastest-Growing Region: North America (U.S.: 10.9% CAGR)
Leading Power Range: ≤3 HP (48% share)
Absolute Growth Opportunity: USD 2.6 billion
To Access the Complete Data Tables & in-depth Insights, Request a Discount on this report: https://www.factmr.com/connectus/sample?flag=S&rep_id=4609
Segmentation & Key Drivers
The solar pumps market segments by product type, application, power range, and region, each revealing targeted growth avenues.
By Product Type: Submersible pumps lead with 52% share in 2025, excelling in deep-water efficiency; surface at 34% for shallow uses; AC/DC hybrids at 14% for versatile power.
By Application: Agriculture irrigation dominates at 63% share, vital for sustainable farming; water supply at 25%; livestock & others at 12%.
By Power Range: ≤3 HP holds 48% share for small-scale accessibility; 3-10 HP at 37%; >10 HP at 15% for industrial scales.
Key drivers encompass water scarcity demanding efficient solutions, rural electrification via off-grid tech, government subsidies accelerating adoption, and smart IoT integrations for optimized performance, all reinforced by maintenance innovations.
Five Forces Driving Market Growth
Water scarcity imperatives propel submersible adoption for groundwater preservation in agriculture-heavy regions.
Rural electrification gaps boost off-grid solar systems, particularly in emerging economies with policy support.
Government incentives and subsidies lower entry barriers, favoring hybrid and low-HP variants for small farmers.
IoT and smart controls enhance precision irrigation, reducing waste and enabling remote management.
Battery storage advancements ensure reliability, mitigating intermittency and sustaining the 10% CAGR through 2035.
Regional & Country Insights
North America: Fastest-growing region; U.S. surges at 10.9% CAGR via California and Texas renewables; Mexico at 10.3% CAGR through Sonora agricultural initiatives.
Europe: From USD 420 million in 2025 to USD 970 million by 2035 at 8.7% CAGR; Germany at 9.2% CAGR (28.6% share); France at 8.9% CAGR (22.1% share); UK at 8.7% CAGR (19.5% share); Italy (16.4% share), Spain (12.2% share).
East Asia: South Korea at 8.4% CAGR for smart farming; Japan at 8.1% CAGR via Hokkaido efficiency.
Asia Pacific: Overall leadership through agricultural expansions.
Latin America & Middle East & Africa: Emerging via rural programs.
Competitive Landscape
The solar pumps arena showcases competition among 12-15 players, with top 5 (Lorentz, Grundfos, Shakti Pumps, Franklin Electric, KSB) holding 45-50% share via tech expertise and distribution.
Lorentz leads with integrated solar solutions for agriculture.
Grundfos and Shakti Pumps focus on submersible innovations.
Franklin Electric and KSB target hybrid systems for water supply.
Crompton, Wilo, Tata Power Solar, SunEdison, and Duke Plasto emphasize regional scalability.
Alliances and R&D prioritize smart integrations and emerging markets.
Recent Developments by Key Players
Lorentz expanded IoT-enabled submersible lines for precision agriculture in North America.
Grundfos invested in hybrid battery systems for European rural projects.
Shakti Pumps scaled ≤3 HP production with subsidies in Asia Pacific.
These advancements underscore trends in smart tech and energy resilience.
Market Outlook & Strategic Insights
The 2.6X expansion signals strong potential in renewables, tempered by initial costs. Investors should target:
Submersible dominance (52% share) and agriculture leadership (63% share) for core stability.
North America upside (USD 0.52-1.36 billion) via policy plays.
≤3 HP premium (USD 0.77-2.02 billion) and IoT integrations (USD 0.16-0.42 billion).
Hybrid growth (USD 0.37-0.98 billion) advises value-based models with subscriptions for monitoring.
Purchase Full Report for Detailed Insights:
For access to full forecasts, regional breakouts, company share analysis, and emerging trend assessments, you can purchase the complete report: https://www.factmr.com/checkout/4609
Have specific requirements and need assistance on report pricing or have a limited budget? Please contact sales@factmr.com
Related Reports:
Solar Lighting Systems Market: https://www.factmr.com/report/solar-lighting-systems-market
Solar Light Tower Market: https://www.factmr.com/report/solar-light-tower-market
Solar Dryer Market: https://www.factmr.com/report/solar-dryer-market
Solar Powered Drones Market: https://www.factmr.com/report/solar-powered-drones-market
Contact:
US Sales Office
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583, +353-1-4434-232
Email: sales@factmr.com
About Fact.MR:
Fact.MR is a global market research and consulting firm, trusted by Fortune 500 companies and emerging businesses for reliable insights and strategic intelligence. With a presence across the U.S., UK, India, and Dubai, we deliver data-driven research and tailored consulting solutions across 30+ industries and 1,000+ markets. Backed by deep expertise and advanced analytics, Fact.MR helps organizations uncover opportunities, reduce risks, and make informed decisions for sustainable growth.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Solar Pumps Market in USA: 10.9% CAGR Through 2035, 76% Deployment in Farming and Rural Water Sectors - Fact.MR here
News-ID: 4266592 • Views: …
More Releases from Fact.MR
Automotive Remote Diagnostics Market in China: East Asia Growth Hub with 8.5% Re …
The global automotive remote diagnostics market is set for dynamic expansion, valued at USD 5.6 billion in 2025 and projected to attain USD 12.4 billion by 2035, registering a compound annual growth rate (CAGR) of 8.6%. This nearly 2.2X growth, representing an absolute dollar opportunity of USD 6.8 billion, highlights automotive remote diagnostics' pivotal role in enabling real-time vehicle monitoring, predictive maintenance, and operational efficiency across fleet operations and OEM…
Global Waterproofing Membranes Market to Reach USD 49.5 Billion by 2035 - APAC, …
The global waterproofing membranes market is poised for steady growth through 2035, driven by rapid urbanization, rising infrastructure investments, and increasing demand for climate-resilient and sustainable construction solutions. According to FactMR, the market is valued at USD 35.0 billion in 2025 and is projected to reach USD 49.5 billion by 2035, growing at a compound annual growth rate (CAGR) of 3.5%.
The FactMR report, "Waterproofing Membranes Market Size, Share, and Forecast…
Global Unsaturated Polyester Resin Market to Reach USD 16.8 Billion by 2035 - Gr …
The global unsaturated polyester resin (UPR) market is poised for steady expansion over the next decade, rising from USD 12.0 billion in 2025 to USD 16.8 billion by 2035, reflecting a CAGR of 3.4%, according to the latest research from FactMR.
Construction Leads the Growth Momentum
The report, "Unsaturated Polyester Resin Market Forecast, Trends, and Outlook 2025-2035," highlights that construction applications account for 38% of total demand, with orthophthalic resins holding a…
Optical Lens Cutter and Edger Market to Reach USD 1.38 Billion by 2035 : Regiona …
The global optical lens cutter and edger market is on a steady growth trajectory, forecast to rise from USD 920.0 million in 2025 to approximately USD 1,380.0 million by 2035, according to the latest industry analysis by Fact.MR. This represents a compound annual growth rate (CAGR) of 4.2%, reflecting expanding investment in optical technology infrastructure and a growing focus on personalized and precision-based vision care.
As the global demand for corrective…
More Releases for CAGR
[CAGR of 6.7%] Nanocoatings Market Size, Industry Share, CAGR, Regional Forecast …
The global Nanocoatings Market generated $10.7 billion in 2020, and is projected to reach $20.1 billion by 2030, growing at a CAGR of 6.7% from 2021 to 2030. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and wavering market trends.
Download sample PDF @ https://www.alliedmarketresearch.com/request-sample/2064
According to the report published by Allied Market Research,…
[CAGR of 5.3%] Pigments Market Size, Industry Share, CAGR, Regional Forecast, 20 …
A recent report by Allied Market Research provides a detailed analysis of the pigments market, highlighting its robust growth. The industry was valued at $27.2 billion in 2022 and is projected to surge to $45.4 billion by 2032, exhibiting an impressive CAGR of 5.3% from 2023 to 2032.
This research report identifies the growth drivers behind the market's expansion and delves into the market dynamics using advanced analytical frameworks…
Enzymes Market Expansion CAGR of 4.9% CAGR Anticipated 2025-2034
The Enzymes Market report is an in-depth examination of the global Enzymes Market's general consumption structure, development trends, sales techniques, and top nations' sales. The research looks at well-known providers in the global Enzymes Market industry, as well as market segmentation, competition, and the macroeconomic climate. A complete Enzymes Market analysis takes into account a number of aspects, including a country's population and business cycles, as well as market-specific microeconomic…
Waterproofing Membranes Market is Projected Grow at CAGR of 8% CAGR by 2033
The waterproofing membranes market is anticipated to witness a Compound Annual Growth Rate (CAGR) of 8.0% over the forecast period. By 2023, the estimated market value for waterproofing membranes is substantial, reaching US$ 31.5 billion.
These waterproofing materials comprise thin, impermeable membranes designed to collaborate with asphalt, providing a protective shield for the structural integrity of buildings. The asphalt component in these membranes acts as a safeguard, preserving the underlying membrane…
Electric Bed Market CAGR, Size, Share Grow USD 2,063 Million by 2030 CAGR 13.70%
Global electric bed market size is expected to be worth roughly USD 2,063 million by 2030, growing at a CAGR of more than 13.7% during the projected timeframe of 2022-2030, according to Ameco Research
A significant portion of the population over the age of 60, who often have reduced immunity levels and are more susceptible to neurological disorders, cardiac issues, tumors, and spinal cord compression, is anticipated to have a substantial…
Pediatric Radiology Market Size will Grow at CAGR 7.7% CAGR during 2017-2026
Pediatric Radiology Market:Overview
The pediatric radiology market is likely to register robust growth in the near future. Chronic illnesses among children including neurological disorders such as ADHD are on the rise. According to the US labor bureau, the demand for pediatrician is expected to grow by 24% on average by 2020. This is the highest average growth among all professionals in the United States.
Despite challenges such as training for new…
