Solar Purifier Market Size, Share, Trends and Growth Analysis Report – Segmentation By Type (Air Purifier, Water Purifier) By Application (Stationary, Portable) By End User (Residential, Commercial, Industrial) and Region - Industry Forecast | 2024 to 2029

Updated On: January, 2024
ID: 10680
Pages: 150

Solar Purifier Market Size (2024 - 2029):

The Global Solar Purifier Market size was worth US$ 490 million in 2023 and is anticipated to reach a valuation of US$ 770 million by 2029 and is expected to grow at a CAGR of 9.68% over the forecast period 2024-2029.

During the last two years, solar purifiers have become one of the potential users of renewable energy. Furthermore, solar energy is predicted to play an important role in the near future, as this energy can be employed in remote locations where conventional electrical grid systems are not available. A solar purifier works with electricity produced by solar panels. These purifiers do not emit as many emissions as conventional purifiers. Solar purifiers are very inexpensive to use in areas where the power grid is not available. The availability of conventional energy sources is limited, which offers immense possibilities for the use of renewable energy. Due to their green nature, renewables are predicted to occupy a significant share of the worldwide energy sector, in terms of volume, during the foreseen period.

Market Trends:

Solar water purification requires refining water for consumption and for different purposes using solar energy in different ways. The use of solar energy for a water treatment plan is escalating because it is a simple technological solution, which captures the thermal vitality of the sun to refine water for human use.

The important factor in the design of the solar water purifier is to make sure that it works even on cloudy days and diffuses solar energy. Solar water purifiers work by using sunlight to turn impure water into fresh, safe drinking water. There are several solar water disinfectants on the market and they all work in different ways. When sunlight increases the temperature of the water, the water evaporates and leaves impurities. The water undergoes condensation under the glass screen and a release of accumulated water in the middle of distilled water. The drops are then placed in a transparent tray in which we can then consume fresh and clean water.

Market Drivers:

Rapid industrialization is one of the main drivers of the worldwide market for solar purifiers. The number of industries is escalating and the call for electricity and heat is also escalating dramatically. Meeting the needs of all these industries with the use of conventional fuels is difficult. Solar energy district heating systems can provide a solution to meet this need. Therefore, increased industrialization is predicted to drive the worldwide market for solar purifiers during the foreseen period. Strict government regulations to reduce carbon emissions released into the atmosphere are a major factor in the worldwide market for solar purifiers. Supportive government incentive programs to promote the installation of solar water treatment systems are also boosting the worldwide market. Also, from an environmental protection point of view, most industries and government agencies are switching from conventional district heating systems to solar purifiers. The call for solar water purifiers is escalating, due to the increase in population and the development of the call for clean water. In addition, the use of solar water purifiers reduces pollution and the reliability of electricity to refine the water. Increased public recognition and government ambitions in rural areas are predicted to increase the call for solar water disinfectants worldwide in the coming years. Solar panels create power for a battery that stores energy, which is then employed for purification and refining functions. These trainings are generally transferable and are particularly useful for disaster relief. Solar water refineries appear in different sizes and volumes for use in commercial, residential, and industrial deployments. It is fundamentally useful for rural sections since many of these groups either have no electricity grid or face a series of power cuts. The use of solar water refineries ends with the use of different sources. energy production and helps reduce pollution.

Market Restraints:

The availability of alternatives and the need for a larger space leads to higher capital investments. This is predicted to limit the worldwide market for solar purifiers during the foreseen period.

Market Opportunities:

One of the main drivers of the worldwide market for solar purifiers is escalating urbanization. As cities grow, the need for energy-efficient solutions with minimal carbon emissions increases. Solar purifiers could provide zero-emission solutions. Therefore, increased urbanization is predicted to drive the worldwide market for solar purifiers during the foreseen period. Rapid industrialization is one of the major players in the world market for solar purifiers. The number of companies is escalating and the need for electricity and heat is also escalating markedly. Matching the call from all of these companies with traditional energy use is difficult. Solar-charged district heating functions can provide a combination to meet this call. Therefore, increased mechanization is predicted to drive the worldwide market for solar purifiers during the projected period. Stringent government regulations aimed at reducing the carbon emissions emitted in the surrounding area are a major factor in the worldwide market for solar purifiers. Advantageous government incentive schemes to encourage the implementation of solar purifier functions are also escalating the worldwide market. Furthermore, from an environmental conservation perspective, most companies and government officials are moving from traditional district heating functions to solar purifiers.

SOLAR PURIFIER MARKET REPORT COVERAGE:

REPORT METRIC

DETAILS

Market Size Available

2023 – 2029

Base Year

2023

Forecast Period

2024 - 2029

CAGR

9.68%

Segments Covered

By Type, Application, End User, and Region.

 

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities

Regions Covered

North America, Europe, APAC, Latin America, Middle East & Africa

 

Market Leaders Profiled

Bharat Solar Energyp, Enf Ltd., Hi-Tech Sweet Water Technologies Pvt. Ltd., Tata Power, JAKSON, WattSun - Energy India Private Ltd, Nuetech Solar Systems Pvt. Ltd., Puralytics, Cosmic Micro System Pvt. Ltd, Others.

 

Market Segmentation:

Solar Purifier Market - By Type:

  • Air Purifier
  • Water Purifier

The water purifier is the leading segment of all the types, owing to high calls from residential and commercial sectors.

Solar Purifier Market - By Application:

  • Stationary
  • Portable

The portable segment is predicted to grow at maximum CAGR during the foreseen period, due to the high call for portable solar purifiers from remote areas.

Solar Purifier Market - By End-user:

  • Residential
  • Commercial
  • Industrial

The residential and commercial segments are predicted to dominate the worldwide market during the foreseen period. The number of residential and commercial buildings is escalating dramatically, leading to a high call for solar purifiers during the foreseen period.

Market Regional Analysis:

  • North America 
  • Europe 
  • Asia Pacific
  • Latin America 
  • Middle East & Africa 

Government reforms for infrastructure development and increased investment in renewable energy around the world are predicted to drive the Asia-Pacific market from 2024 - 2029. Changing government policies, rapid urbanization, and rising Spending are likely Developing call for solar purifiers will increase from 2024 - 2029. Countries such as India, China, and Japan are predicted to dominate the market in Asia-Pacific during the foreseen period, as these countries experience a significant increase in investment in developing infrastructure and solar power generation programs. The market in North America is predicted to grow at a significant CAGR over the foreseen period, due to increased investment in the development of solar power generation. The United States is witnessing an increase in the call for reliable, efficient, and environmentally sustainable purification systems, along with strict government regulations. This factor is predicted to drive the market in North America during the foreseen period. Several European countries such as Sweden, Germany, Italy, and France are undertaking a large number of projects to reduce greenhouse gas (GHG) emissions. The market in Latin America,

 the Middle East, and Africa is predicted to grow at a tremendous rate during the foreseen period. Increased investment in solar heating systems in developing countries in Latin America and the Middle East and Africa is predicted to boost the market for solar purifiers in these regions during the foreseen period. Europe is predicted to be the dominant region in the market for solar water purifiers due to overspending in the region on sustainable energy. It is predicted that fashion will continue in the coming years.

Asia-Pacific is predicted to represent a crucial part of the worldwide water purifier market over the next year. The area is densely populated and the framework of the water sanitation infrastructure is not up to par, mainly in the rural areas of the area. Asia-Pacific is predicted to be a very interesting market for solar water purifiers in the coming years. The market for solar water purifiers in the Middle East and Africa is predicted to grow at a remarkable rate from 2024 - 2029. The region has fewer drinking water resources and therefore finances solar-powered detoxification and refining plants. The North American market is predicted to expand slowly over the next few years.

Market Key Players:

The major players operating in the global Solar Purifier Market are

  1. Bharat Solar Energyp
  2. Enf Ltd
  3. Hi-Tech Sweet Water Technologies Pvt. Ltd
  4. Tata Power, JAKSON
  5. WattSun - Energy India Private Ltd
  6. Nuetech Solar Systems Pvt. Ltd
  7. Puralytics
  8. Cosmic Micro System Pvt. Ltd

Market Recent Developments:

  • Jakson Power Solutions launched solar generators and solar-powered water purifiers based on the plug-and-play concept on Wednesday.

  • Science and Technology Minister Harsh Vardhan launched a solar-powered water purifier on Wednesday. Shortly after the launch in New Delhi, several schools in the northeastern states, where purifiers had been installed in advance, began providing clean drinking water to students.

8834

When I submit this form, I am consenting to Market Data Forecast Privacy Policy.

Access the study in MULTIPLE FORMATS
Purchase options starting from $ 1800

Didn’t find what you’re looking for?
TALK TO OUR ANALYST TEAM

Need something within your budget?
NO WORRIES! WE GOT YOU COVERED!

REACH OUT TO US

Call us on: +1 888 702 9696 (U.S Toll Free)

Write to us: sales@marketdataforecast.com

Click for Request Sample