Africa Solar Water Pump Market (2018-2024) | Share, Size, Growth, Revenue, Analysis, Trends, Value, industry & Outlook

Latest (2023) Development of the Africa Solar Water Pump Market

Africa Solar Water Pump Market companies are introducing various technologies like Shakti helical rotor pumps designed for drinking water supply and smaller irrigation applications. The introduction of light-sensitive nanoparticles, bifacial solar modules, thin film solar, hairy film solar, solar windows, and floating solar panels are some of the latest technologies in solar panels which is one of the components of the solar water pumps. With the launching of the Flight exterior wastewater pumping apparatus, Xylem claims Smart Run can reduce a wastewater pump station’s energy usage by up to 50%.

Mergers And Acquisitions:

The Interstate Renewable Energy Council merged with the Solar Foundation on July 13, 2021.

Africa Solar Water Pump Market Synopsis

Africa solar water pump market report thoroughly covers the solar water pump system market by power ratings, design, applications, and countries. The Africa solar water pump market outlook report provides an unbiased and detailed analysis of the Africa solar water pump market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Africa Solar Water Pump Market is expected to gain momentum during the forecast years owing to increasing penetration towards the usage of renewable energy. The surging adoption of energy-efficient sources is shifting the market towards the solar pump. Increasing advancement in technology coupled with increasing efforts by the government to develop renewable energy is driving the Africa Solar Water Pump Market. Moreover, the increasing adoption of solar-powered systems is driving the development of the market. The solar water pump has led to improvement in the livelihood of rural people.

The rising price of diesel and poor connectivity of grid electricity across several prime countries in Africa have led to the growth in demand for solar water pumps in Africa. Further, zero carbon emissions by solar pumps are also a prime factor responsible for the growth of the solar water pump market. Additionally, owing to its high dependency on agricultural activities, African countries witnessed high demand for solar water pumps in agriculture applications for irrigation purposes.

According to 6Wresearch, the Africa Solar water pump market size is anticipated to grow at a CAGR of 20% during 2018-2024. Morocco Government is likely to invest $233 million in solar projects to serve agricultural growth and a significant number of pumps are expected to be installed over the next six years. Morocco accounted for the largest Africa Solar water pump market share in 2017 followed by Ethiopia.

Lower power (up to 3 HP) AC submersible solar water pumps were most widely installed in the region in 2017, where a majority of the pumps were deployed for irrigation of the agricultural fields.

Africa Solar Water Pump Market provides substantial installations and registered, by this price fall down of the PV panels and government subsidy last few years. The solar water pump is an analysis is ongoing trends and opportunities/high growth that will take place. In Africa Solar Water Pump Market registered growth in the number of new installations, attributed to decreasing PV panel prices in the past few years. In Africa, the solar water pump market bolstered the farmer easily financed by NGOs and government banks to help the small-scale farmer in Africa solar water pump market. According to the research, the Africa solar water pumps market going to generate more revenue in the upcoming years. The government also invested in the solar water pump market and launched the project of solar water pumps and serve agricultural projects during the forecast period. Africa solar water pump market has registered growth in terms of the number of new installations of water pumps in the country. The government tries to boost the farmer so that they make use of the solar water pumps and installation of new solar water pumps in the agricultural fields. According to the research solar water pump market revenue is generated more while the use of solar water pumps in the different sectors in the upcoming years. In the forecast period the solar pump use in different sectors such as DC motors, increase in diesel price, and lower capacity submersible pumps.

Africa Solar water pumps market is projected to find its true potential growth underpinned by the rising potential growth of the agriculture sector across the region. As agriculture is considered a top revenue-generating source in several countries coupled with the rising government efforts to use renewable energy sources for agricultural activities, where South Africa and Morocco taking initiatives like the NAMA program supporting the installation of solar water pumps in the agriculture field to promote renewable energy and this is estimated to boost the growth of the Africa solar water pumps market in the years ahead.

The Africa solar water pump market is expected to register significant market revenues in the upcoming six years on the back of rising agricultural activities across African countries coupled with an increase in solar agricultural investments by the African government. Also, an increase in government subsidies along with decreasing price of the PV panels is, further, anticipated to drive potential demand for new installations of solar water pumps in the African agricultural sector and widen the scope of growth for the solar water pump market in Africa in the upcoming six years.

Market Analysis By Drive Type

Based on the different types of solar water pumps, AC solar water pumps are anticipated to dominate the overall market revenues owing to the rising adoption of solar water pumps for irrigation in agricultural lands. Moreover, due to poor grid electricity, low-power submersible pumps are expected to gain traction in the coming years and offer lucrative benefits to the growth of the Africa solar water pump market.

Key Attractiveness of the Report

• 10 Years Market Numbers.
• Historical Data Starting from 2015 to 2018.
• Base Year: 2018.
• Forecast Data until 2025.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• Africa Solar Water Pump Market Overview
• Africa Solar Water Pump Market Outlook
• Africa Solar Water Pump Market Forecast
• Historical Data of Africa solar pump Market for the Period, 2014-2017
• Africa Solar Water Pump Market Size & Africa Solar Water Pump Market Forecast, until 2024
• Historical Data & Forecast of Morocco solar water pump Market, until 2024
• Historical Data & Forecast of Kenya solar water pump Market, until 2024
• Historical Data & Forecast of Ethiopia solar water pump Market, until 2024
• Historical Data & Forecast of South Africa solar water pump Market, until 2024
• Historical Data & Forecast of Tanzania solar water pump Market, until 2024
• Historical Data & Forecast of Egypt solar water pump Market, until 2024
• Historical Data & Forecast of Ghana solar pump Market, until 2024
• Historical Data & Forecast of Kenya solar pump Market, until 2024
• Historical Data & Forecast of Africa solar water pump Market by Country by Power Rating, until 2024
• Historical Data & Forecast of Africa solar water pump Market by Country by Design Type, until 2024
• Historical Data & Forecast of Africa Solar Water Pump Market Revenues, by Country, by Drive Type, until 2024
• Historical Data & Forecast of Africa Solar Water Pump Market Revenues, by Country, by Applications, until 2024
• Market Drivers and Restraints
• Africa solar water pump market Trends and Opportunities
• Africa Solar Water Pump Market Overview on Competitive Landscape
• Africa Solar Water Pump Market Share, By Players 
• Company Profiles
• Strategic Recommendations.

Markets Covered

The Africa solar water pump market report provides a detailed analysis of the following market segments:

By Power Rating

• Up to 3 HP
• 3.1 to 10 HP
• Above 10 HP

By Design Type

• Surface
• Submersible

By Drive Type

• AC Motor
• DC Motor

By Applications

• Agriculture
• Domestic

By Countries

• Tanzania
• Ethiopia
• Kenya
• South Africa
• Tunisia
• Egypt
• Ghana
• Rest of Africa