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 Solar Water Pumps market was valued at 1020 Million US$ in 2018 and is projected to reach 1890 Million US$ by 2025, at a CAGR of 9.3% 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 Water Pumps.
This report presents the worldwide Solar Water 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:
JNTech
JISL
Tata Power Solar
Grundfos
Lorentz
Shakti Pumps
CRI Group
ADA
Hanergy
Symtech Solar
Dankoff Solar
Solar Power & Pump
MNE
Greenmax Technology
Solar Water Pumps Breakdown Data by Type
DC Surface Suction
AC Submersible
DC Submersible
AC Surface Pumps
Solar Water Pumps Breakdown Data by Application
Agriculture
Drinking Water
Others
Solar Water Pumps Production by Region
United States
Europe
China
Japan
Other Regions
Solar Water Pumps Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Solar Water Pumps status and future forecast,involving, production, revenue, consumption, historical and forecast.
To present the key Solar Water Pumps manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Solar Water Pumps :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Solar Water Pumps market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Summary:
Get latest Market Research Reports on Solar Water Pumps . Industry analysis & Market Report on Solar Water Pumps is a syndicated market report, published as Global Solar Water Pumps Market Insights, Forecast to 2025. It is complete Research Study and Industry Analysis of Solar Water Pumps market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.