Solar Pumps Market Demand Analysis And Approach By 2025

Solar Pumps Market Demand Analysis And Approach By 2025 Published on: 25 July 2019

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Report Description • 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.

Solar Pumps 6

5

4

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2

1

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United States

Europe Residential

China Commercial

Japan

Industrial

Table of Contents 1.1 Solar Pumps Product 1.2 Key Market Segments in This Study 1.3 Key Manufacturers Covered 1.4 Market by Type 1.4.1 Global Solar Pumps Market Size Growth Rate by Type 1.4.2 Submersible Pumps 1.4.3 Surface Pumps 1.4.4 Direct Current (DC) Pumps 1.4.5 Alternate Current (AC) Pumps 1.5 Market by Application 1.5.1 Global Solar Pumps Market Size Growth Rate by Application

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