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This study presents the analytical depiction of the solar water pump system market along with the current trends and future estimations to determine the imminent investment pockets. The surge for alternative sources of energy to reduce the dependency on fossil fuels. With the increasing demand for electricity the green sources of energy market has gained growth which is supported by the government and is major opportunity for the investors as emerging sector. Government has been giving relief on taxes and providing incentives on the uses if solar pumps and installing solar panels into houses. With the increase in industrialization and urbanization the water usage has increased driving the solar water pump plant market. Solar power is affordable and available everywhere without affecting the environment. They are designed specially to utilize DC current usage like for household purpose, for irrigation, fountains, pools, ponds and others. The problem is high cost of installation for solar panels and pumps, which are bit expensive for farmers who hardly cover up their irrigation and farming expenses will slow down the growth of the market.
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