QYR Market Research Global Solar Water Pumps Sales Market Report 2018 | Page 4

QYResearch
A solar water pump runs on electricity generated by a solar
PV array. The overall pump set is attached to the water
source; the solar panel converts the solar energy into
electricity, thereby operating the motor to pump water.
These pumps eliminate the use of conventional fuel sources
such as diesel.
During 2017, APAC dominated the global solar water pumps
market with a market share of nearly 40% in terms of
revenue. The demand for solar water pumps is mainly driven
by the initiatives taken up by countries like India and China
to promote sustainable development. These countries have
taken measures to increase their solar photovoltaic
installations. The rising number of photovoltaic installations
in China is expected to propel this market’s growth in APAC.
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