openPR Logo
Press release

Pumps in Solar Power Generation Market Expecting Huge Growth During 2018-2025 Focusing On Leading Players Like EBARA Corporation, Flowserve Corporation, GRUNDFOS, KIRLOSKAR Brothers Limited

03-06-2020 11:35 AM CET | Energy & Environment

Press release from: The Insight Partners

Pumps in Solar Power Generation market

Pumps in Solar Power Generation market

Pumps in Solar Power Generation market is expected to reach US$ 987.4 Mn by 2025, registering a CAGR of 13.5% during the forecast period 2018 - 2025.

Increase in global electricity demand, government support, and worldwide adoption of clean energy is projected to drive the market for pumps in solar power generation during the forecast period. However, high initial investment and capital cost for CSP plant that may adversely impact the market for pumps in solar power generation in near future.
Moreover, the factors such as substantial investment in R&D and growing number of concentrated solar power projects globally are projected to generate remarkable growth opportunity to the industry players.

Get Sample Copy of this Report at -http://bit.ly/2ImsjVR

Top Key Players:- EBARA Corporation, Flowserve Corporation, GRUNDFOS, KIRLOSKAR Brothers Limited, KSB SE & Co. KGaA, Ruhrpumpen Group, Sulzer Ltd., The Weir Group PLC, WILO SE, Xylem Inc.

The market initiative and new development was observed as the most adopted strategy in global pumps in solar power generation market. For instance, in 2017 Sulzer launched SIL inline single stage centrifugal pump. The SIL pump range is designed to match up with the process requests in industrial applications. Developed for clean liquid processes, with the help of pumping technology. Similarly, Wilo announced Wilo-Yonos PICO series, a new generation of tested and tried heating pump.

The pumps in solar power generation market in Asia Pacific is expected to grow at a CAGR of 14.3% during the forecast period 2018 - 2025. China being the leading electricity producer in the world, invested around US$ 100 Bn in clean energy in the year 2015 and is highly focused on the development of renewable energy. Also, Also, Indonesia's government has plans to increase the electricity access from 85% to 98% by 2022. The US$ 93 Bn expansion plan comprises of 291 generation plants, 1375 new substations as well as 47,000 km of new transmission and distribution lines.

Key findings of the study:

o From a growth perspective India in Asia-Pacific region is anticipated to witness the most lucrative CAGR growth rate of 14.6% during the forecast period
o Power Tower segment in power plant type segment in Asia Pacific is estimated to grow at a significant CAGR from 2018 - 2025.
o Molten Salt Pumps captured the Asia Pacific pumps in solar power generation market in 2017 and is also expected to dominate the market throughout the forecast period.

The global pumps in solar power generation market has been segmented on basis of two parameters; power plant type and pump type. The market is broken down on the basis of power plant types as linear parabolic trough, power tower, and Fresnel plant. Based on pump type the market is bifurcated into heat transfer fluid pump and molten salt pump. On the basis of geography, the pumps in solar power generation market is analyzed into North America, Europe, Asia- Pacific (APAC), Middle East & Africa (MEA) and South America (SAM).

Purchase This Report at - http://bit.ly/2wyBuA9

Contact Us:

The Insight Partners,
Phone: +1-646-491-9876
Email: sales@theinsightpartners.com
Website: https://www.theinsightpartners.com/

About Us:

The Insight Partners is a one-stop industry research provider of actionable intelligence. We help clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Electronics and Semiconductor s, Pharmaceuticals, Chemicals and Materials, Automotive and Transportation, Aerospace and Defense, Electronics and Semiconductors, Technology, Media, and telecommunication, Manufacturing and Construction.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Pumps in Solar Power Generation Market Expecting Huge Growth During 2018-2025 Focusing On Leading Players Like EBARA Corporation, Flowserve Corporation, GRUNDFOS, KIRLOSKAR Brothers Limited here

News-ID: 1957536 • Views:

More Releases from The Insight Partners

Insect Pest Control - Obtain PDF Sample Copy
The Insect Pest Control Market size is projected to reach US$ 14.85 billion by 2031 from US$ 21.33 billion in 2024. The market is expected to register a CAGR of 5.4% during 2025-2031. The proactive health measures, combined with heightened consumer awareness about disease prevention, have boosted the demand for both professional pest control services and DIY products. The convergence of public health policies, regulatory vigilance, and increased risk perception
Denim Fabrics - Obtain PDF Sample Copy
The denim fabrics market size is projected to reach US$ 28.69 billion by 2031 from US$ 22.32 billion in 2024. The market is expected to register a CAGR of 3.8% during 2025-2031. The denim fabrics market is growing steadily owing to changing consumer preferences, fashion trends, and increasing accessibility. Denim has evolved from being a utilitarian fabric to a mainstream fashion item, appreciated for its flexibility, comfort, and ease. With
Photomedicine Devices and Technologies Market Global Rising Demand & Huge Scope Till 2028
Photomedicine Devices and Technologies Market Global Rising Demand & Huge Scope …
A new market study report by The Insight Partners on the Photomedicine Devices and Technologies Market has been released with reliable information and accurate forecasts for a better understanding of the current and future market scenarios. The report offers an in-depth analysis of the global market, including qualitative and quantitative insights, historical data, and estimated projections about the market size and share in the forecast period. Get PDF Sample
Genetic Testing Services Market Global Rising Demand & Huge Scope Till 2031
Genetic Testing Services Market Global Rising Demand & Huge Scope Till 2031
Genetic Testing Services Market business research report assesses the current as well as upcoming performance of the market, also brand-new trends in the market. It provides product overview and highlights of product and application segments of the market including price, revenue, sales, sales growth rate, and market share by product. The market statistics within the report is displayed in a statistical format to offer a better understanding upon the market

All 5 Releases


More Releases for Pumps

What's driving the NPP Pumps Market trends? Absolute Water Pumps, KSB Pumps, Cur …
The recent research report on the global NPP Pumps market presents the latest industry data and future trends, allowing you to recognize the products and end users driving Revenue growth and profitability of the market. The report offers an extensive analysis of key drivers, leading market players, key segments, and regions. Besides this, the experts have deeply studied different geographical areas and presented a competitive scenario to assist new entrants, leading
Residential Pumps Market Revenue, Opportunity, Forecast and Value Chain 2018-202 …
Global Residential Pumps Market Overview A significant part of the global population is expected to face water scarcity by the end of 2025. There is a growing concern among various nations for efficient use of water, leading to extensive use of energy efficient residential pumps. Strict environmental regulations regarding water pollution and energy consumption pattern are forcing old industrial plants and commercial buildings to upgrade or shift to new equipment such
Global Pneumatic Metering Pumps Market Major Players Analysis 2019-2025: Promine …
Global Pneumatic Metering Pumps market report is first of its kind research report that covers the overview, summary, market dynamics, competitive analysis, and leading player’s various strategies to sustain in the global market. This report covers five top regions of the globe and countries within, which shows the status of regional development, consisting of market value, volume, size, and price data. Apart from this, the report also covers detail information
Canned Motor Pumps Market by Region - North America, Latin America, Europe, Japa …
Canned motor pumps are advanced centrifugal pumps with an electric motor hermetically-sealed and mounted on a single shaft, which in turn eliminates the requirement for mechanical seals. The entire rotating assembly of canned motor pumps is immersed in liquid, with motor stator and rotor isolated from pumped liquid by using a corrosion-resistant non-magnetic sleeve and liner. Petrol’s energy density makes it an imperative raw material in every combustible, and an irreplaceable
Global Grinder Pumps Market Segmented by Top Companies like: Crane Pumps&Syste …
This study focuses on the production side and consumption side of Grinder Pumps, presents the global Grinder Pumps market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025. In terms of production side, this report researches the Grinder Pumps capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type. In terms of consumption side, this
Global Grinder Pumps Market SWOT Analysis by Key Players: Liberty Pumps, Sump Pu …
This study focuses on the production side and consumption side of Grinder Pumps, presents the global Grinder Pumps market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025. In terms of production side, this report researches the Grinder Pumps capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type. In terms of consumption side, this