Press release
Solar Water Pumps Market Estimated to Grow at CAGR of 5.6% from 2017 to 2023
Solar Water Pumps Market
Market Research Future published a Half Cooked Research Report on Global Solar Water Pumps Market. The Global Solar Water Pumps Market is expected to grow over the CAGR of around 5.6% during the period 2017 to 2023.
Solar water pumps are widely deployed across the world in the agricultural and domestic water segment as a reliable device, owing to advantages such as non-pollution, easy transportation, less fuel cost and low operational & maintenance cost. Also, the compact design and low manufacturing cost make it easy for the installation in various off grid locations, where the development of grid connectivity is difficult.
The need for uninterrupted electric supply in agricultural sector is growing because of the worldwide rise in agricultural productivity and irrigation needs. The increasing need of reliable electric supply and subsequent investment in low cost, reliable, renewable energy source are expected to drive the growth of the global Solar Water Pumps Market.
Key Players:
The key players of the global solar water pumps market are Lorentz (Germany), SunEdison, Inc. (U.S.), CRI Pumps (India), Solar Power & Pump Co LLC (U.S.), Tata Power Solar Systems Ltd. (India), Shakti Solar Pumping System (India), Wenling Jintai Pump Factory (China), Bright Solar Pvt. Ltd. (India), Grundfos (Denmark) and American West Windmill and Solar Company (U.S.).
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Market Research Analysis:
The agriculture segment holds the largest share of Solar Water Pumps Market, currently and is expected to continue in the forecast period. Agriculture sector uses solar water pumps for irrigation activities and for livestock management. Government subsidies for installation of solar pumps in agricultural activities, is further driving the market. Solar water pumps are also used in livestock water usage, where it reduces the dependency on fossil fuel such as diesel and other energy sources such as windmills.
Scope of the Report:
This study provides an overview of the global Solar Water Pumps Market, tracking two market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia-Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region.
Access Report Details @ https://www.marketresearchfuture.com/reports/solar-water-pumps-market-3980
The scope of the study segments the global Solar Water Pumps Market by Product, by Application and by Regions.
By Product:
• DC Surface Suction
• AC Submersible
• DC Submersible
• AC Floating
By End User:
• Agriculture
• Drinking Water
By Regions:
• North America
• Asia Pacific
• Europe
• Rest of the World
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Contact:
Akash Anand,
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: akash.anand@marketresearchfuture.com
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