Press release
Global Solar Water Pumps Market 2018 | Worldwide Key Players: Lorentz , SunEdison, Inc, Solar Power & Pump Co LLC , Solar Company
Stringent government regulations to reduce carbon footprints into the atmosphere is the factor driving the growth of the solar pumps market. Solar energy used for water pumps does not emit any carbon footprints into the atmosphere and provides a clean source of energy. Additionally supportive government incentive schemes to farmers and solar pump manufacturers is also fuelling the growth of the market. However, high initial investment is the factor may restrict the growth of the market.
Solar pumps are increasingly being used in domestic and agriculture applications, especially for delivering drinking water for livestock and irrigation. Also, solar water pumps are used in oil and gas fracking activities to reduce the environmental impact of the oil recovery process.
The Solar Water Pumps Market is expected to grow at a CAGR of 5.6% during the forecast period.
Industry Top Key Players:-
The key players of the global solar water pumps market are SunEdison, Inc. (U.S.),.Shakti Solar Pumping System (India), WENLING JINTAI PUMP FACTORY (China), Bright Solar Pvt. Ltd. (India), Grundfos (Denmark) and American West Windmill and Solar Company (U.S.),Lorentz (Germany), CRI Pumps Pvt. Ltd (India), Solar Power & Pump Co LLC (U.S.), Tata Power Solar Systems Ltd. (India),
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Industry News:-
SunEdison, a leading manufacturer and provider of solar technology and solar energy services, has launched the SunEdison Solar Water Pump, a high performance solar PV-based water pump specially designed for agriculture. The solar pumps intended for use in rural environments, feature rugged structural design and are available in 3HP (horsepower), 5HP, 7.5HP and 10HP variants.
Pune-based KSB Pumps Ltd., a leading international supplier of pumps, valves and related systems, has launched a new product called KSBSol which is a submersible pumpset with high energy efficiency and reliability suitable to run using Solar power.
Table Of Contents:-
1 Executive Summary
2 Research Methodology
3 Market Dynamics
3.1 Market Drivers
3.2 Market Inhibitors
3.3 Supply/Value Chain Analysis
3.4 Porter’s Five Forces Analysis
4 Global Solar Water Pump Market, By Product
4.1 Introduction
4.2 DC Surface Suction
4.3 AC Submersible
4.4 DC Submersible
4.5 AC Floating
5 Global Solar Water Pump Market, By Application
5.1 Introduction
5.2 Agriculture
5.3 Drinking Water
To be continued...........
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Global Solar Water Pumps Market - Competitive Analysis:-
Global Solar Water Pumps Market appears to be highly fragmented and competitive owning to the presence of numerous large and medium players active in regional market. The key strategies traced from the analysis of recent developments of the key players include Product Launch, Agreement & Partnership, Acquisition and expansion. Strategic partnerships between Key players support the growth and expansion plans of the key players during the forecast period. On the product and sales side, companies are investing in innovation/R&D, brand building, and fostering strong relationships with customers to support their competitive position.
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