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Pumps in Solar Power Generation Market 2025 Outlook By Top Leading players Ebara Corporation, Flowserve Corporation, Grundfos, Kirloskar Brothers Limited, KSB Se & Co. KGAA, Ruhrpumpen Group, Sulzer Ltd., The Weir Group Plc., Wilo Se, and Xylem Inc.

10-30-2018 08:07 AM CET | Industry, Real Estate & Construction

Press release from: The Insight Partners

Pumps in Solar Power Generation Market

Pumps in Solar Power Generation Market

Global pumps in solar power generation market is expected to grow from US$ 365.1 million in 2017 to US$ 987.4 million by 2025 growing at a CAGR of 13.5% from 2018 to 2025. The major factors propelling the market growth for pumps in solar power generation are the government support along with the rise in adoption of clean energy and increase in research & development activities in order to reduce the overall cost of concentrated solar power projects.

The major players operating in the Pumps in Solar Power Generation Market are Ebara Corporation, Flowserve Corporation, Grundfos, Kirloskar Brothers Limited, KSB Se & Co. KGAA, Ruhrpumpen Group, Sulzer Ltd., The Weir Group Plc., Wilo Se, and Xylem Inc.

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Pumps in Solar Power Generation Market is at its growing phase in many developing countries owing to increase in worldwide concentrated solar power systems installation. The market is further expected to flourish in Asia-Pacific and Middle East with the rise in demand for electricity in these regions. The report focuses on in-depth segmentation of Pumps in Solar Power Generation Market by plant type, pump type, and regions. The geographic segmentation of this report covers five major regions including; North Americas, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SA).

The regional market has been further bifurcated by respective countries. By plant type, linear parabolic trough plant type accounted for the largest share of the Pumps in Solar Power Generation Market in 2017, whereas Asia-Pacific is expected to grow at the highest CAGR during the forecast period owing to rise demand for pumps with the increase in installation of concentrated solar power systems.

The report aims to provide an overview of global Pumps in Solar Power Generation Market with detailed market segmentation. Also, it analyzes the current pumps in solar power generation market scenario and forecasts the market till 2025. The report further covers market dynamics effecting the market during the forecast period. Furthermore, the report analyzes the competitive scenario, geographic trends, and opportunities in the markets with respect to all geographic regions. The report also includes the detailed company profiles of the key players in the market along with their market strategies. The report also provide PEST along with the SWOT analysis for all company profiled in the report.

Europe is one of the prominent regions in Pumps in Solar Power Generation Market which is contributing to the highest revenue globally due to constantly rising electricity demand in this region and increased in installation of CSP projects mainly in Spain. Along with this, European government has taken the initiative for cost-effective power generation and distribution due to rise in electricity & energy prices. Such initiative helps the production of electricity through renewable energy sources and aims to produce completely decarbonized electricity generation by 2050.

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Reason To Buy

Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global pumps in solar power generation market

-Highlights key business priorities in order to assist companies to realign their business strategies

-The key findings and recommendations highlight crucial progressive industry trends in the global pumps in solar power generation market, thereby allowing players across the value chain to develop effective long-term strategies

-Develop/modify business expansion plans by using substantial growth offering developed and emerging markets

-Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it

-Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution

About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.

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