Press release
Solar Water Pumps Market Size, Share, Development by 2024
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https://www.globalinforesearch.com/global-solar-water-pumps-market_p108514.html
Solar water pumps can supply water to locations which are beyond the reach of power lines. Commonly, such places relied on human or animal power or on diesel engines for their water supply.
Scope of the Report:
Middle East and Africa emerged as the largest solar pump market and accounted for 42.5% of total revenue market in 2017. Countries such as China, India, Bangladesh, Pakistan, Morocco, Kenya, Namibia, and Nigeria have set targets to reduce fossil fuel imports and benefit financially from it. These regions have abundant solar energy supply with a huge renewable energy tapping potential.
DC Surface Suction emerged as the leading product for solar pumps and accounted for about 78% of total solar pumps market in 2017. Agriculture was the dominant application segment of solar pumps and accounted for 63% of the total solar pumps market in 2017.
Solar pumps are primarily used for agricultural and drinking water purposes. They are used in remote regions where off-grid energy in the form of electricity is not available. Use of solar energy to drive pumps cut down the operating cost, which is majorly consumed in the form of diesel.
The worldwide market for Solar Water Pumps is expected to grow at a CAGR of roughly 9.0% over the next five years, will reach 1570 million US$ in 2024, from 1020 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Solar Water Pumps in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
JNTech
JISL
Tata Power Solar
Grundfos
Lorentz
Shakti Pumps
CRI Group
ADA
Hanergy
Symtech Solar
Dankoff Solar
Solar Power & Pump
MNE
Greenmax Technology
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
DC Surface Suction
AC Submersible
DC Submersible
AC Surface Pumps
Market Segment by Applications, can be divided into
Agriculture
Drinking Water
Others
For More Information On This Report, Please Visit @
https://www.globalinforesearch.com/global-solar-water-pumps-market_p108514.html
Related Information:
North America Solar Water Pumps Market Growth 2019-2024
United States Solar Water Pumps Market Growth 2019-2024
Asia-Pacific Solar Water Pumps Market Growth 2019-2024
Europe Solar Water Pumps Market Growth 2019-2024
EMEA Solar Water Pumps Market Growth 2019-2024
Global Solar Water Pumps Market Growth 2019-2024
China Solar Water Pumps Market Growth 2019-2024
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