Global Solar Water Pumps Market Research Report - Forecast to 2023
Industry Survey, Growth, Competitive Landscap and Forecasts to 2023
PREPARED BY Market Research Future (Part of Wantstats Research & Media Pvt. Ltd.)
Solar Water Pumps Market 2018 Solar Water Pumps Market 2018: Industry Survey, Growth, Competitive Landscape and Forecasts to 2023 Market Highlights The rise in electricity demand for increasing agricultural activities in the Asia-Pacific region and lack of proper infrastructure, are expected to boost the global solar water pump market size over the forecast timeline. Solar water pumps utilize the sunlight to generate electricity and operate the pump to enable the availability of water for agriculture and domestic purposes. They are predominantly used in off grid applications where non form of electrical energy is available. The use of solar water pumps reduces the dependency on fossil fuels such as petrol and diesel, for the use of pumps.
Solar water pumps are increasingly adopted in agricultural and irrigational water purposes around the world. Developing a grid system to connect remote locations and enabling continuous power without the use of fossil fuels, involves high capital cost and technical delays. The solar water pumps are effectively operated in these environments because of their reliable long life, operational flexibility and low labor & maintenance costs. Solar Water Pump Market is expected to grow over the CAGR of around 5.6% during the period 2017 to 2023.
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Drill Bits Market 2018 “Taste the market data and market information presented through more than 50 market data tables and figures spread in 100 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Global Solar Water Pumps Market Research Report- Forecast 2023� Market Research Analysis The agriculture segment holds the largest share of solar water pump market, currently and is expected to continue in the forecast period. Agriculture sector uses solar water pumps for irrigation activities and for livestock management. Government subsidies for installation of solar pumps in agricultural activities, is further driving the market. Solar water pumps are also used in livestock water usage, where it reduces the dependency on fossil fuel such as diesel and other energy sources such as windmills.
Global Solar Water Pumps Market: The global solar water pumps market is driven by the increased agriculture activities along with the increase in use of water for water based agricultural practises. The Asia-Pacific region is the leading market for solar water pumps. Rapid agriculture activities in countries such as China, India, Bangladesh and Pakistan and reduced grid connectivity for agricultural activities, drive the market for solar water pumps in these countries. Furthermore, increased need for clean water for drinking and irrigation in countries such as Morocco, Nigeria, Namibia and Kenya, in the African region, is also driving the need for the solar pumps in the region. The UN development programs to promote the use of solar energy in the region, is also driving the market.
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Drill Bits Market 2018 Scope of the report Intended Audience: •
Distributer & Supplier companies
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End Users
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Consultants and Investment bankers
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Government as well as Independent Regulatory Authorities
Additional Information •
Regulatory Landscape
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Pricing Analysis
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Macroeconomic Indicators
Company Information •
Profiling of 10 key market players
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In-depth analysis including SWOT analysis, and strategy information of related to report title
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Competitive landscape including emerging trends adopted by major companies
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Drill Bits Market - 2018 Key Players Key Players: The key players of the global solar water pumps market are • Lorentz (Germany), • SunEdison, Inc. (U.S.), • CRI Pumps Pvt. Ltd (India), • Solar Power & Pump Co LLC (U.S.), • Tata Power Solar Systems Ltd. (India), • Shakti Solar Pumping System (India), • WENLING JINTAI PUMP FACTORY (China), • Bright Solar Pvt. Ltd. (India), • Grundfos (Denmark) • American West Windmill and Solar Company (U.S.).
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