태양광 관개 시스템 : 시장 점유율 분석, 업계 동향 및 통계, 성장 예측(2026-2031년)

According to Mordor Intelligence, the solar-powered irrigation system market was valued at USD 55.00 billion in 2025 and is projected to grow from USD 61.60 billion in 2026 to USD 117.58 billion by 2031, registering a CAGR of 13.5% during the forecast period (2026-2031).

This report is Segmented by Product Type (Submersible Pumps, Surface Pumps, and More), Irrigation System (Drip Irrigation, and More), Power Rating (Up To 3 HP, and More), Component (Solar Panels, Pumps, and More), End-User (Smallholder Farms, Commercial Farms, and More), and Geography (North America, Europe, Asia-Pacific, and More). The Market Forecasts are Provided in Terms of Value (USD).

Global Solar Powered Irrigation System Market Trends and Insights

Declining Photovoltaic Module Prices and Rising Efficiency

Declining photovoltaic module prices and ongoing advancements in efficiency are improving the cost-effectiveness of solar-powered irrigation systems. Reduced module costs lower the initial capital investment, while enhanced efficiency boosts energy output per unit area, reducing system size and simplifying installation. These advancements are particularly beneficial in off-grid agricultural areas with high cost sensitivity. For example, crystalline silicon solar module prices were approximately USD 0.11 per watt in 2024, driven by global oversupply and increased manufacturing scale, making solar irrigation systems more accessible to farmers .

Government Subsidies and Incentive Programs

Government support mechanisms are significantly contributing to the adoption of solar-powered irrigation systems by alleviating the financial challenges farmers face. These initiatives include capital subsidies, concessional financing, and performance-linked incentives, collectively improving affordability and facilitating deployment, especially in rural and off-grid areas. Such policies boost investment confidence and promote large-scale adoption among both smallholder and commercial farming sectors. For instance, India's PM-KUSUM scheme has an approved budget of INR 34,422 crore (USD 3.71 billion) in 2025 to support the installation of solar pumps and decentralized renewable energy solutions in agriculture .

High Up-Front Capital Expenditure

High initial investment continues to be a significant barrier to the adoption of solar-powered irrigation systems, especially for smallholder farmers with limited access to financing. The expenses associated with solar pumps, installation, and related infrastructure pose affordability challenges, despite the potential for long-term savings on fuel and electricity. This issue is particularly evident in developing agricultural economies, where farm incomes are relatively low, and access to credit is constrained. Solar irrigation pump systems typically range in cost from USD 2,000 to USD 10,000, depending on their capacity and configuration.

Other drivers and restraints analyzed in the detailed report include:

1. Escalating Diesel and Grid-Electricity Costs
2. Agrivoltaic Dual-Land-Use Adoption
3. Solar-Resource Intermittency and Need for Storage

For complete list of drivers and restraints, kindly check the Table Of Contents.

Segment Analysis

Submersible pumps led with the largest 54% of the solar powered irrigation system market share in 2025. Their dominance is driven by strong suitability for deep borewell applications and consistent performance in groundwater-dependent regions across Asia and Africa. These pumps operate efficiently under submerged conditions, ensuring durability, reduced maintenance, and stable water output for irrigation needs. Increasing groundwater extraction and declining water tables further reinforce demand, making submersible systems essential for reliable irrigation infrastructure in both smallholder and commercial farming environments globally.

The floating pumps market size is projected to expand at the fastest 19.3% CAGR from 2026 to 2031. Growth is driven by rising adoption in aquaculture, reservoirs, and water bodies where land constraints limit traditional installations. Floating systems reduce evaporation losses and enable dual use with floating solar panels, improving efficiency and land utilization. Increasing investments in water-based agriculture and renewable energy integration are projected to accelerate adoption, particularly in Southeast Asia and other regions with abundant surface water resources and expanding irrigation requirements.

Drip irrigation captured the largest 42.5% of the solar powered irrigation system market share in 2025. Adoption is driven by its ability to deliver precise water supply directly to plant roots, minimizing losses and improving crop productivity. These systems operate at lower pressure, reducing energy consumption and enhancing compatibility with solar-powered setups. Increasing water scarcity and regulatory mandates for efficient irrigation practices are further strengthening adoption across agricultural regions, particularly in areas facing groundwater depletion and stringent water-use regulations.

The drip irrigation market size is anticipated to advance at the fastest 18.7% CAGR from 2026 to 2031. Growth is supported by continuous technological advancements, including automated flow control, sensor integration, and smart irrigation scheduling. These innovations improve water-use efficiency and reduce labor requirements, making drip systems attractive for both smallholder and commercial farms. Expanding awareness regarding sustainable farming practices and increasing government incentives for micro-irrigation adoption are projected to sustain strong demand for drip irrigation solutions in solar-powered irrigation applications globally.

Geography Analysis

Asia-Pacific is projected to account for the largest 45.1% of the solar-powered irrigation system market share in 2025. This dominance is attributed to robust government programs, increasing agricultural demand, and the rapid deployment of solar irrigation systems in countries like India and China. Expanding manufacturing capacities and favorable policy frameworks are enhancing affordability and accessibility in the region. Meanwhile, Africa is experiencing accelerated adoption due to rising energy costs, increased investments, and the growing need for reliable irrigation solutions in agriculture-dependent economies.

Africa's market size is projected to grow at the fastest CAGR of 17.9% from 2026 to 2031. In the Asia-Pacific, growth is driven by sustained investments in renewable irrigation infrastructure and the integration of advanced irrigation technologies. Africa's rapid expansion is supported by innovative financing models, such as pay-as-you-grow, and the increasing adoption of solar solutions in off-grid regions. Additionally, rising diesel costs and limited grid access are accelerating the transition to solar-powered irrigation systems in developing agricultural economies.

Regional growth dynamics are influenced by policy support, energy cost pressures, and the increasing adoption of sustainable irrigation technologies in agricultural economies. Asia-Pacific benefits from strong institutional frameworks and advanced manufacturing capabilities, while Africa is emerging as a key growth hub due to improved access to financing and renewable energy solutions. Kenya's National Irrigation Sector Investment Plan (NSIP) irrigation strategy involves an investment of Sh598 billion (USD 4.6 billion) over a 10-year period to expand irrigation infrastructure . This funding initiative aims to enhance farmer accessibility and expedite the adoption of solar irrigation solutions.

1. Grundfos Holding A/S
2. Franklin Electric Co., Inc.
3. LORENTZ GmbH
4. Tata Power Solar Systems Limited
5. Shakti Pumps (India) Limited
6. C.R.I. Pumps Private Limited
7. Jain Irrigation Systems Limited
8. Bright Solar Limited
9. JNTech Renewable Energy Co., Ltd.
10. Ecozen Solutions Private Limited
11. Novergy Energy Solutions Private Limited
12. Valmont Industries, Inc.
13. Lubi Industries LLP
14. American West Windmill & Solar Company, LLC

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

TABLE OF CONTENTS

1 Introduction

• 1.1 Study Assumptions and Market Definition
• 1.2 Scope of the Study

2 Research Methodology

3 Executive Summary

4 Market Landscape

• 4.1 Market Overview
• 4.2 Market Drivers
  • 4.2.1 Declining photovoltaic module prices and rising efficiency
  • 4.2.2 Government subsidies and incentive programs
  • 4.2.3 Escalating diesel and grid-electricity costs
  • 4.2.4 Agrivoltaic dual-land-use adoption
  • 4.2.5 Pay-as-you-grow equipment leasing via carbon-credit revenues
  • 4.2.6 AI-driven pump-sizing optimization tools
• 4.3 Market Restraints
  • 4.3.1 High up-front capital expenditure
  • 4.3.2 Solar-resource intermittency and need for storage
  • 4.3.3 Counterfeit low-efficiency panels eroding farmer trust
  • 4.3.4 Lack of interoperability among IoT pump controllers
• 4.4 Regulatory Landscape
• 4.5 Technological Outlook
• 4.6 Porter's Five Forces Analysis
  • 4.6.1 Threat of New Entrants
  • 4.6.2 Bargaining Power of Suppliers
  • 4.6.3 Bargaining Power of Buyers
  • 4.6.4 Threat of Substitutes
  • 4.6.5 Intensity of Competitive Rivalry

5 Market Size and Growth Forecasts (Value)

• 5.1 By Product Type
  • 5.1.1 Submersible Pumps
  • 5.1.2 Surface Pumps
  • 5.1.3 Floating Pumps
• 5.2 By Irrigation System
  • 5.2.1 Drip Irrigation
  • 5.2.2 Sprinkler Irrigation
  • 5.2.3 Center Pivot and Lateral-Move
• 5.3 By Power Rating (HP)
  • 5.3.1 Up to 3 HP
  • 5.3.2 3.1 to 10 HP
  • 5.3.3 Above 10 HP
• 5.4 By Component
  • 5.4.1 Solar Panels
  • 5.4.2 Pumps
  • 5.4.3 Controllers
  • 5.4.4 Inverters
• 5.5 By End-user
  • 5.5.1 Smallholder Farms
  • 5.5.2 Commercial Farms
  • 5.5.3 Greenhouses
  • 5.5.4 Livestock Watering
• 5.6 By Geography
  • 5.6.1 North America
    • 5.6.1.1 United States
    • 5.6.1.2 Canada
    • 5.6.1.3 Mexico
    • 5.6.1.4 Rest of North America
  • 5.6.2 South America
    • 5.6.2.1 Brazil
    • 5.6.2.2 Argentina
    • 5.6.2.3 Rest of South America
  • 5.6.3 Europe
    • 5.6.3.1 Germany
    • 5.6.3.2 France
    • 5.6.3.3 United Kingdom
    • 5.6.3.4 Russia
    • 5.6.3.5 Rest of Europe
  • 5.6.4 Asia-Pacific
    • 5.6.4.1 China
    • 5.6.4.2 India
    • 5.6.4.3 Japan
    • 5.6.4.4 Australia
    • 5.6.4.5 Rest of Asia-Pacific
  • 5.6.5 Middle East
    • 5.6.5.1 Saudi Arabia
    • 5.6.5.2 United Arab Emirates
    • 5.6.5.3 Rest of Middle East
  • 5.6.6 Africa
    • 5.6.6.1 South Africa
    • 5.6.6.2 Kenya
    • 5.6.6.3 Rest of Africa

6 Competitive Landscape

• 6.1 Market Concentration
• 6.2 Strategic Moves
• 6.3 Market Share Analysis
• 6.4 Company Profiles (Includes Global Level Overview, Market Level Overview, Core Segments, Financials as Available, Strategic Information, Market Rank/Share for Key Companies, Products and Services, and Recent Developments)
  • 6.4.1 Grundfos Holding A/S
  • 6.4.2 Franklin Electric Co., Inc.
  • 6.4.3 LORENTZ GmbH
  • 6.4.4 Tata Power Solar Systems Limited
  • 6.4.5 Shakti Pumps (India) Limited
  • 6.4.6 C.R.I. Pumps Private Limited
  • 6.4.7 Jain Irrigation Systems Limited
  • 6.4.8 Bright Solar Limited
  • 6.4.9 JNTech Renewable Energy Co., Ltd.
  • 6.4.10 Ecozen Solutions Private Limited
  • 6.4.11 Novergy Energy Solutions Private Limited
  • 6.4.12 Valmont Industries, Inc.
  • 6.4.13 Lubi Industries LLP
  • 6.4.14 American West Windmill & Solar Company, LLC

7 Market Opportunities and Future Outlook