Solar water pumps can supply water to locations which are beyond the reach of power lines. Commonly, such places relied on human or animal power or on diesel engines for their water supply.
Middle East and Africa emerged as the largest solar pump market and accounted for 42.5% of total revenue market in 2017. Countries such as China, India, Bangladesh, Pakistan, Morocco, Kenya, Namibia, and Nigeria have set targets to reduce fossil fuel imports and benefit financially from it. These regions have abundant solar energy supply with a huge renewable energy tapping potential.
DC Surface Suction emerged as the leading product for solar pumps and accounted for about 78% of total solar pumps market in 2017. Agriculture was the dominant application segment of solar pumps and accounted for 63% of the total solar pumps market in 2017.
Solar pumps are primarily used for agricultural and drinking water purposes. They are used in remote regions where off-grid energy in the form of electricity is not available. Use of solar energy to drive pumps cut down the operating cost, which is majorly consumed in the form of diesel.
The report offers detailed coverage of Solar Water Pumps industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Solar Water Pumps by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
The report forecast global Solar Water Pumps market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.
First, this report covers the present status and the future prospects of the global Solar Water Pumps market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
JNTech
JISL
Tata Power Solar
Grundfos
Lorentz
Shakti Pumps
CRI Group
ADA
Hanergy
Symtech Solar
Dankoff Solar
Solar Power & Pump
MNE
Greenmax Technology
At the same time, we classify Solar Water Pumps according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows:
Market by Order Type
DC Surface Suction
AC Submersible
DC Submersible
AC Surface Pumps
Market by Application
Agriculture
Drinking Water
Others
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Solar Water Pumps market for the forecast period 2021 - 2025?
• What are the driving forces in the Solar Water Pumps market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Solar Water Pumps industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?