Solar Pumps Market Understanding Global Trends, Growth, Size,...

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2025-05-07 13:29:24 -

Solar Pumps Market Understanding Global Trends, Growth, Size, Segmentation, and Opportunities: Forecast by Fact MR

Expanding at a stellar CAGR of 12.1%, the global solar pumps market is forecasted to surge from a valuation of US$ 1.5 billion in 2023 to US$ 4.7 billion by the end of 2033. Submersible solar pumps are specifically made to pump groundwater from deeper wells or boreholes where surface pumps cannot be used, and these variants currently account for around 60% share of overall sales. A...

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