openPR Logo
Press release

Indian Solar Water Pump Market Size 2023: Global Share, Industry And Report Analysis By 2030 | Claro Energy Pvt. Ltd Conergy Energy System Pvt. Ltd. Jain Irrigation System Ltd.

07-05-2024 07:28 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: orion market research

Indian Solar Water Pump Market

Indian Solar Water Pump Market

The Indian solar water pump market is predicted to grow considerably at a CAGR of 15.2% during the forecast period. The Indian solar water pump market is expected to grow significantly due to increasing application in the domestic and agriculture sector, increasing government support, and low maintenance. Solar water pumps are easy to install due to which it is becoming popular among the end-user. In India, the solar water pump is mainly used for irrigation and drinking purpose. The solar water pump of capacity 5hp (horsepower) can deliver about 124,000 liters of water per day. In India, a total of 1, 20,000 solar PV water pumping systems have been installed in 2016. Solar water pumps are widely used due to their several advantages such as low cost as compared to costly diesel water pumps and it also improves energy access in remote areas. The Indian government decided to provide substantial capital subsidy support to the farmer. Government subsidies for the installation of solar water pumps in agricultural activities are further driving the market. Solar water pumps are also used in livestock water usage, which reduces the dependency on fossil fuels such as diesel and other energy sources such as windmills.

Get Free Sample link @ https://www.omrglobal.com/request-sample/indian-solar-water-pump-market

The Indian solar water pump market has been hit hard by the outbreak of the virus. Majorly, COVID-19 has affected the market in three ways, which are, production and demand; market and supply chain disruption; along with financial impact on firms and financial markets. Besides, solar module prices are dropping. In 2020, the solar module price dropped to nearly $0.5-0.6 per watt whereas, in 2016, the solar module price was nearly $ 4.5 per watt. The Distributed Renewable Energy (DRE) Sector, announced that the COVID-19 pandemic has dampened the demand and clasped equipment and funds for some of the largest companies operating in the solar industry. DRE estimated the solar industry to reach approximately 101 billion by 2023 before the pandemic. However, the pandemic has led the industry to witness a downfall.

full report of Indian Solar Water Pump Market available @ https://www.omrglobal.com/industry-reports/indian-solar-water-pump-market

• Market Coverage
• Market number available for - 2024-2031
• Base year- 2024
• Forecast period- 2024-2031
• Segment Covered- By Source, By Product Type, By Applications
• Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
• Inc., and others

Market Segmentation
Indian Solar Water Pump Market by Type
o Surface
o Submersible Water Pumps

Indian Solar Water Pump Market by Component
o Solar Panel
o Controller & Pumps

Indian Solar Water Pump Market by Application
o Agriculture Purpose
o Household
o Industrial

Company Profiles
o Apex Solar Pvt. Ltd.
o Bright Solar Pvt. Ltd.
o Claro Energy Pvt. Ltd
o Conergy Energy System Pvt. Ltd.
o Jain Irrigation System Ltd.
o Kirloskar Brothers Ltd.
o Lubi Solar Pvt. Ltd.
o Prosun Energy Pvt. Ltd.
o Rainbow Power Co. Ltd.
o Shakti Pumps Ltd.
o Solar Power And Pumps Co., Llc.
o Span Pumps Pvt. Ltd.
o Sunedison, Inc.
o Tata Power Solar System Ltd.
o Topsun Energy Ltd.
o Udhaya Semiconductors Ltd.
o Vimal Electronics
o VRG Energy
o Waare Group
o Wenling Jintai Pump Factory

The Report Covers
• Market value data analysis of 2021 and forecast to 2028.
• Annualized market revenues ($ million) for each market segment.
• Key companies operating in the Indian solar water pump market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
• Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
• Analysis of market-entry and market expansion strategies.
• Competitive strategies by identifying 'who-stands-where' in the market.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/indian-solar-water-pump-market

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404

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 Indian Solar Water Pump Market Size 2023: Global Share, Industry And Report Analysis By 2030 | Claro Energy Pvt. Ltd Conergy Energy System Pvt. Ltd. Jain Irrigation System Ltd. here

News-ID: 3567113 • Views:

More Releases from orion market research

Terahertz Technology Market Set to Witness Significant Growth by 2032 | TOPTICA Photonics AG, Advantest Corporation, Batop GmbH
Terahertz Technology Market Set to Witness Significant Growth by 2032 | TOPTICA …
The Terahertz Technology Market was valued at approximately USD 1.09 billion in 2024 and is projected to reach USD 4.08 billion by 2032, reflecting a compound annual growth rate (CAGR) of 18.1% from 2025 to 2032. Terahertz Technology Market Overview Terahertz (THz) technology operates in the electromagnetic spectrum between microwave and infrared waves, encompassing frequencies from 0.1 to 10 THz. This technology is gaining prominence due to its non-ionizing radiation, enabling
Specialty Tapes Market Set to Witness Significant Growth by 2032 | Avery Dennison Corporation, Scapa Group Plc, Intertape Polymer Group
Specialty Tapes Market Set to Witness Significant Growth by 2032 | Avery Denniso …
The global Specialty Tapes Market was valued at approximately USD 55.39 billion in 2023 and is projected to reach USD 96.3 billion by 2032, reflecting a compound annual growth rate (CAGR) of 6.3% from 2024 to 2032. Specialty Tapes Market Overview The Specialty Tapes Market encompasses a diverse range of adhesive products tailored for specific applications across various industries. These tapes are characterized by their unique properties, such as high temperature
Safety Helmets Market Set to Witness Significant Growth by 2033 | MSA Safety, Uvex Safety Group, Delta Plus Group, Bullard, Schuberth GmbH
Safety Helmets Market Set to Witness Significant Growth by 2033 | MSA Safety, Uv …
The global Safety Helmets Market was valued at approximately USD 5.01 billion in 2024, and it is expected to reach around USD 9.76 billion by 2033, growing at a *compound annual growth rate (CAGR) of about 7.7% from 2025 to 2033. Safety Helmets Market Overview The Safety Helmets Market is gaining momentum as industries like construction, manufacturing, mining, and infrastructure increasingly emphasize worker safety and regulatory compliance. Safety helmets-designed to protect against
Sales Performance Management Market Gaining Momentum by 2033 | Xactly Corporation, Anaplan Inc., IBM Corporation, Varicent Software Inc.
Sales Performance Management Market Gaining Momentum by 2033 | Xactly Corporatio …
The global Sales Performance Management market was valued at approximately USD 5.62 billion in 2024 and is projected to grow to about USD 18.22 billion by 2033, with a compound annual growth rate (CAGR) of approximately 13.27% between 2025 and 2033. Sales Performance Management Market Overview Sales Performance Management integrates tools and processes designed to boost sales productivity, optimize incentive structures, and align field sales efforts with business goals. Today's market is

All 5 Releases


More Releases for Solar

Biohybrid Solar Cell Market Professional Survey Report 2022 - Jinko Solar, JA SO …
The Biohybrid Solar Cell Market Report 2022 provides a comprehensive analysis of observable trends and projections. This research shows how to attract a large number of customers. Our certified crew of economists, researchers, and advisers has made further attempts in projecting the global industry by utilising accredited global Biohybrid Solar Cell market information tools as well as various instruments and ways to successfully review and get information. The research argues
Home Solar Power System Market Size, Share, Trends, Growth - Tesla, Panasonic So …
The Global Home Solar Power System Market study includes new innovations, market dynamics, strategic profiling in terms of the future market strategies and shares for the subsectors of the industry. This research consists of details related to the size of the industries, the major players, markets, sales volume and value. This study offers a detail data on the historical data pointers as well as forecasts by region/country for the sectors
Solar PV Module Market Outlook To 2024 - Trina Solar, Canadian Solar Inc., JA So …
Solar PV module market from utility sector has witnessed a substantial growth globally in recent years. In the first quarter of the year, Vietnam's Ministry of Industry and Trade have talked about their FiT scheme related to utility-based solar power projects. Ongoing electrification programs and incentives benefit pertaining to grid connected power generation is surging the demand for on-grid solar PV modules. On-grid connection represented 55% of the overall solar
Solar Simulator Market Distribution Channel 2019: Spire Solar, Solar Energy Inte …
Solar Simulator Market report aims to examine the developments of market including its market improvements, developments, positions and others. This report on the Solar Simulator market offers explanatory knowledge on the market parts like dominating players, drivers and restraints, production, revenue, consumption, import and export, and the most effective development within the organization size, deployment type, inside, segmentation comprised throughout this analysis, also major the players have used various strategies such
Solar PV Module Market By Key Vendors: Trina Solar, Canadian Solar Inc., JA Sola …
UK solar PV module market is set to expand owing to government initiatives towards sustainable energy integration. The export tariff introduced by the UK government facilitates USD 0.06 per unit for the surplus electricity injected back to the grid by the generator. Favorable government reforms with ambitious plan towards carbon footprint reduction will further boost the business outlook. Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/1563 Solar PV Module Market size
Global Solar Thermal Market 2016 Abengoa Solar, SUPCON Solar, Solar Euromed
Global Solar Thermal Market Research Report The MRS Research Group Solar Thermal report by QY Research represents an inclusive evaluation of the Solar Thermal Market and comprises considerable insights, historical data, facts,and statistical and industry-validated data of the global market.Additionally,it consists of estimated data that is evaluated with the help of suitable set of methodologies and assumptions.The MRS Research Group report research highlights informative data and in-depth analysis of Solar Thermal