Press release
Pumps In Solar Power Generation: Projected To Generate Remarkable Growth Opportunity To The Industry Players
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.Request a Sample Copy of the Research Report: https://bit.ly/2WOxbtO
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. Currently, there are more than 116 concentrated solar power generation plants are in operation and under construction. Moreover, many of the plants are expected to start construction in near future with the approvals. Spain is the leading country in number of CSP plant installation followed by United States which currently accounts for 1,800 megawatts (MW) of CSP plants in operation.
Geographically, the market is currently dominated by Europe and North America, however the market is expected to be in favor of Asia-Pacific, which is anticipated to witness remarkable growth rate owing to the increase in number of CSP plants in China and India over the coming years
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. This new series is manufactured especially for residential building with new feature like energy consumption will be monitored constantly on the LED display. In 2017, Sulzer has received two orders for pump from Tcnicas Reunidas for the Kilpilahti an integrated heat and power plant in Porvoo, Finland. Various other players are operating in the pumps in solar power generation market, which also focus on different strategic initiative to boost their business as well as market value.
Avail discount on this report @ https://bit.ly/3brmqmv
Research Report Highlights:
oMarket Dynamics
oMarket Scope
oMarket Trends And Outlook
oKey Opportunities
oCompetitive Landscape
oValue Chain Analysis
oRegional Framework
oMarket Segments And Sub-Segments
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. The government's energy expansion strategy will target renewable sources for the development. Furthermore, Singapore is also adopting a holistic approach towards in ecological energy management across electricity generation, transmission & distribution and consumption.
Key findings of the study:
oFrom 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
oPower Tower segment in power plant type segment in Asia Pacific is estimated to grow at a significant CAGR from 2018 - 2025.
oMolten 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).
Interested in purchasing this Report? Click here @ https://bit.ly/3dHfWSa
The top companies operating in the pumps in solar power generation market include 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 research provides answers to the following key questions:
What is the estimated growth rate of the market for the forecast period 2020-2027? What will be the market size during the estimated period?
What are the key driving forces responsible for shaping the fate of the Pumps in Solar Power Generation market during the forecast period?
Who are the major market vendors and what are the winning strategies that have helped them occupy a strong foothold in the Pumps in Solar Power Generation market?
What are the prominent market trends influencing the development of the Pumps in Solar Power Generation market across different regions?
What are the major threats and challenges likely to act as a barrier in the growth of the Pumps in Solar Power Generation market?
What are the major opportunities the market leaders can rely on to gain success and profitability?
Contact Us:
Call: +1-646-491-9876
Email: sales@theinsightpartners.com
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 specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.
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: Projected To Generate Remarkable Growth Opportunity To The Industry Players here
News-ID: 2043926 • Views: …
More Releases from The Insight Partners
Future of Clean Energy - Complete Guide (PDF)
With the mounting population and industrialization, the demand for energy is also rising at the global level. This has boosted the need for alternative energy sources, as traditional energy resources such as fossil fuels are directing to environmental pollution. Clean alternative options such as solar and wind curb immense carbon emissions and their negative impact on the environment and help balance the energy supply and demand. Thus, the rise in…
Mechanical Thrombectomy Devices Market Size, Demand, Share, Analysis with Focus …
An off-the-shelf report on Mechanical Thrombectomy Devices Market which has been compiled after an in-depth analysis of the market trends prevailing across five geographies (North America, Europe, Asia-Pacific, Middle-East and Africa, and South America). Various segments of the market such as type/components/ application/industry verticals/ end-users are analyzed with robust research methodology which includes three step process starting with extensive secondary research to gather data from company profiles, global/regional associations, trade…
Containment Piping System Market Size, Demand, Analytical Overview, Comprehensiv …
Containment Piping System Market study by "The Insight Partners" provides details about the market dynamics affecting the market, Market scope, Market segmentation and overlays shadow upon the leading market players highlighting the favorable competitive landscape and trends prevailing over the years. This Report encloses comprehensive analysis on the market and are assessed through volume and value data validated on three approaches including top companies' revenues. It concludes with precise and…
Nutraceuticals - An Ultimate PDF Guide
Consumers in developed and some developing countries are highly attracted to functional products, mainly on account of the added health and wellness benefits. Nutraceuticals are associated with various medicinal and health benefits, such as to improve the function of the immune system, boost gut health, and others. Rising healthcare costs, coupled with the increasing geriatric population across the world, propels the adoption of various nutraceuticals such as dietary supplements, functional…
More Releases for Asia
Asia Private Equity Firm, Asia Private Equity Management, Asia Private Equity Se …
The private equity market in China has been rapidly growing in recent years. Private equity (PE) refers to the purchase of shares in a company that are not publicly traded on a stock exchange. PE firms typically target companies that are undervalued or in need of capital for growth, and aim to improve the company's operations and financial performance before selling it at a higher value.
https://boomingfaucet.com/
Asia Private Equity Consulting
E-mail:nolan@pandacuads.com
In China,…
South East Asia Business Jet Market And Top Key Players are Asia Corporate Jet, …
By 2022, the South East Asia Business Jet Markets estimated to reach US$ XX Mn, up from US$ XX Mn in 2016, growing at a CAGR of XX% during the forecast period. The Global Business Jet Market, currently at 21 million USD, contributes the highest share in the market and is poised to grow at the fastest rate in the future. The three broad categories of business jets are Small,…
LIXIL Asia Presents Asia Pacific Property Awards
Through its power brands GROHE and American Standard, LIXIL Asia signs a three-year deal to become the Headline Sponsor of the Asia Pacific Property Awards from 2019 until 2022.
23rd January 2019: The International Property Awards, first established in 1993, are open to residential and commercial property professionals from around the globe. They celebrate the highest levels of achievement by companies operating within the architecture, interior design, real estate and property…
PEOPLEWAVE WINS ASIA TECH PODCAST PITCHDECK ASIA 2019 AWARDS
15 January 2019, Singapore – Peoplewave, Asia’s leading data-driven HR technology company, won the Asia Tech Podcast (ATP) Pitchdeck Asia 2019 Awards, being awarded “Startup Most Likely to Succeed in 2019".
The 2019 Pitchdeck Asia Awards is an opportunity for the Asian Startup Ecosystem to shine a spotlight on some of its best startups. The awards were decided by a public vote. More than 7,200 votes were cast by registered LinkedIn…
Undersea Defence Technology Asia, UDT Asia 2011
Latest Military Diving Technologies featured in UDT Asia
Equipping Asia’s navies with the latest diving technology for asymmetric warfare and
operations
SINGAPORE, 17 October 2011 - Naval diving and underwater special operations is a field that is
seeing increased attention and investment amongst navies in Asia. Units such as the Indonesian Navy‟s KOPASKA, the Republic of Singapore Navy‟s Naval Diving Unit (NDU), the Royal Malaysian Navy‟s PASKAL are increasingly utilising specialised equipment for conducting…
Asia Diligence – Specialist Investigative Due Diligence for Asia & Beyond
Asia Diligence today announced the opening of its European Customer Services office in the United Kingdom. The office is to be managed by Steve Fowler and will focus on providing services to Asia Diligence’s European customers. Asia Diligence is also planning to open a US office in the near future, which will provide customer service to its US and North American clients.
Asked to comment on the move, Luke Palmer, the…
