Press release
Pumps in Solar Power Generation Market Outlook to 2025 - 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.
The Pumps in Solar Power Generation Market Research Report is a valuable source of insightful data for business strategies. It provides the global industry overview with growth analysis and historical & futuristic cost, revenue, demand and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. The global pumps in solar power generation market study provides comprehensive data which enhances the understanding, scope and application of this report.Increase in electricity demand and growth in adoption of clean energy are projected to escalate the market growth at a CAGR of 13.5%.
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.
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Latest market study on "Pumps in Solar Power Generation Market to 2025 by Plant Type (Linear Parabolic Trough, Power Tower, and Fresnel Plant); and Pump Type (Heat Transfer Fluid Pump and Molten Salt Pump) - Global Analysis and Forecast?, the pumps in solar power generation market is estimated to reach US$ 987.4 million by 2025 from US$ 365.1 million in 2017. The report includes key understanding on the driving factors of this growth and also highlights the prominent players in the market and their developments.
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.
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.
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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The report segments the pumps in solar power generation market as follows:
By Plant Type
- Linear Parabolic Trough
- Power Tower
- Fresnel Plant
By Pump Type
- Heat Transfer Fluid Pump
- Molten Salt Pump
By Geography
North America
- U.S.
- Canada
- Mexico
Europe
- France
- Germany
- Italy
- Spain
Asia Pacific (APAC)
- Australia
- China
- India
Middle East & Africa (MEA)
- South Africa
- Saudi Arabia
- UAE
South America (SA)
- Brazil
- Chile
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