Solar Powered Irrigation System Market size is projected to reach USD 125 Billion by the end of 2035, expanding at 9% CAGR during the forecast period, i.e., 2023 – 2035. In the year 2022, the industry size of solar powered irrigation system was USD 59 Billion. The major factor dominating the market demand is the growing energy consumption of the agriculture sector. In 2022, the agri-food sector consumed about 29 of energy globally, and from this, most was fossil fuel-based. Hence, in order to protect the energy being depleted the use of solar in irrigation systems is set to grow. Solar-powered irrigation systems (SPIS) constitute a clean technology irrigation option that replaces fossil fuels with solar energy for water pumping.
Moreover, the electricity price for the activity of distributing water in fields is one of the major concerns for the farmers, especially in developing regions. However, the decision of farmers to invest in diesel and fuel is also a costlier alternative for farmers owing to this rising price. Therefore, the adoption prevalence of solar in irrigation is anticipated to have significant growth during the projected period. Moreover, groundwater is the most accessible water source when the water must be carried over great distances. Moreover, SPIS may assist to mitigate the result of drought and alleviate water stress in the course of the dry season. When solar PV pumps take over the task of transporting water, it can also free up a significant amount of time that can be used for other beneficial endeavors.
Growth Drivers
The demand for food is anticipated to have strong growth with about 10,093 million tons in 2030, and approximately 14,885 million tons in 2050, globally. Hence, owing to this, agriculture activities are seeing a boost. Therefore, in order to make this activity more efficient and cost-effective, demand for solar-powered irrigation systems is set to rise.
In 2022, about 19 million of the population all across the world were living without electricity. And the majority of them come from remote and rural regions. However, electricity is the major source of energy needed to keep agricultural activities productive. Hence, the installation of solar energy in such areas is growing.
A solar-powered irrigation system reduces dependency on foreign oil and fossil fuels and takes energy directly from the sun. Hence, it is known to be one of the cleanest sources of energy because it is pollution-free and causes zero greenhouse gas emissions after installation.
Challenges
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Base Year |
2022 |
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Forecast Year |
2023-2035 |
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CAGR |
~ 9% |
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Base Year Market Size (2022) |
~ USD 59 Billion |
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Forecast Year Market Size (2035) |
~ USD 125 Billion |
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Regional Scope |
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Type (Sprinkler Irrigation, Drip Irrigation, Surface Irrigation)
Solar powered irrigation system market from the drip irrigation segment is expected to generate the highest revenue between 2023 and 2035. In solar drip irrigation the water is directly applied to the roots of the plants using emitters, orifices, perforated pipes, and other irrigation applicators that function under low pressure and are either on top of the ground or buried beneath the ground. Hence, this is the most preferred method. Moreover, they are known to be more efficient as compared to all other methods since the water is applied slowly, further avoiding runoff and allowing the soil to absorb water.
Component (Solar Panel, Pump Controller, Submersible Water Pump, Inverter)
The submersible water pump segment in the solar powered irrigation system market is set to have noteworthy growth over the forecast period. This is since, they are the most suitable component for irrigation and supply of water as they are well structured in lifting water situated underneath ground level in depth. Additionally, these pumps do not discharge any kind of greenhouse gases which makes them preferable to farmers.
Our in-depth analysis of the global market includes the following segments:
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Type |
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Component |
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Application |
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APAC Market Forecast
The Asia Pacific solar powered irrigation system market is projected to generate the highest revenue through 2035, backed by the presence of wide-ranging cultivated land in this region. In India, about 53% of the land was arable in 2022. Also, the farmers in this region are getting aware of the solar powered irrigation systems and hence, the adoption is growing.
North American Market Statistics
The solar powered irrigation system market in North America is set to have significant growth in the near future period. This is owing to the huge number of health-conscious people demanding healthy food along with rising investment by the government of North America in green-powered energy.
European Market Analysis
The solar powered irrigation system market in Europe region is also estimated to grow over the projected duration. The expansion in this region can be dominated by the growing government subsidy offered to consumers who purchase solar panels for agricultural activities. This is owing to the attempt to encourage the adoption of renewable energy in this region due to the rising carbon footprint. Also, in the Europe region, countries including Germany, the UK, and Italy are performing agricultural activities on a larger scale. Hence, this is also projected to boost the solar powered irrigation system market growth in this region.
Author Credits: Payel Roy, Dhruv Bhatia
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