A solar 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 pumps market with a market share of nearly 40% in terms of revenue. The demand for solar 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.
The Solar Pumps market was valued at xx Million US$ in 2018 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Solar Pumps.
– Table of Contents
– List of Tables & Figures
– Research Methodology
This report presents the worldwide Solar Pumps market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter’s Five Forces Analysis.
The following manufacturers are covered in this report:
- Bright Solar
- Shakti Pumps
- Tata Power Solar
- CRI Group
- Dankoff Solar
- Greenmax Technology
- Jain Irrigation Systems
Solar Pumps Breakdown Data by Type
- Submersible Pumps
- Surface Pumps
- Direct Current (DC) Pumps
- Alternate Current (AC) Pumps
Solar Pumps Breakdown Data by Application
Solar Pumps Production by Region
- United States
- Other Regions
Solar Pumps Consumption by Region
- North America
- United States
- South Korea
- Rest of Europe
- Central & South America
- Rest of South America
- Middle East & Africa
- GCC Countries
- South Africa
- Rest of Middle East & Africa
Reasons to Purchase this Report:
- Estimates 2019-2025 Solar Pumps market development trends with the recent trends and SWOT analysis.
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value (USD Million) and volume (Units Million) data for each segment and sub-segment.
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years.
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players.
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