Press release
Solar Powered Pumps Market Market to be at Forefront by 2025
A sample of this report is available upon request @ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=24935
In terms of product type, the global solar powered pumps market can be segmented into surface suction, submersible, and floating segments. The surface suction segment dominated the solar powered pumps market in 2016. The segment in expected to continue its dominance during the forecast period due to the increase in agricultural irrigation, particularly in the developing countries in Middle East & Africa and Asia Pacific. The submersible product segment is anticipated to expand rapidly during the forecast period. Submersible pumps are specially used for groundwater pumping from boreholes or deeper wells, where surface suction pumps cannot be utilized. Increasing demand for high efficiency solar powered pumps in countries such as India and Bangladesh is projected to drive the expansion of the segment in the market.
In terms of end-use industry, the global solar powered pumps market can be segmented into agriculture industry and water management industry. The agriculture segment held prominent share of the market in 2016. Increase in the global agricultural and irrigational activities is estimated to drive the expansion of the segment. Additionally, subsidies by national governments to farmers and solar powered pump manufacturers, mostly in Asia Pacific, are anticipated to fuel the expansion of the global solar powered pumps market during the forecast period. The water management segment includes domestic applications of water. The aim for using clean and continuous water supply for various domestic purposes, especially in remote areas, is further anticipated to drive the market in regions which have a potential for solar energy generation.
In terms of region, the global solar powered pumps market can be segmented into Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. Asia Pacific held significant share of the global market in 2016. Increasing demand from emerging economies such as China, India, and Bangladesh, which are major agricultural countries with ample sunlight, is anticipated to boost the expansion of the solar powered pump market in the region during the forecast period. Asia Pacific was followed by North America and Europe, in terms of market share, in 2016. Rising trend toward usage of renewable energy in these mature regions is projected to drive the expansion of the market in the two regions. The market in Middle East & Africa in projected to expand significantly during the forecast period. The region has vast agricultural lands, and the trend toward reducing the dependence on fossil fuels and governments’ initiatives towards clean energy are likely to boost the expansion of the market in the region.
To view TOC of this report is available upon request @ https://www.transparencymarketresearch.com/sample/sample.php?flag=T&rep_id=24935
Key players operating in the global solar powered pumps market include SunEdison, Lorentz, Grundfos, Bright Solar, USL, TATA Power Solar Systems Ltd., Shakti Pumps, and CRI Pumps.
About US
Transparency Market Research (TMR) is a next-generation provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
Contact US
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
Website: https://www.transparencymarketresearch.com/
Email: sales@transparencymarketresearch.com
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 Solar Powered Pumps Market Market to be at Forefront by 2025 here
News-ID: 871610 • Views: …
More Releases from Transarency Market Research
ITS Market to Expand at a CAGR of 13.95 % will Reach US$ 85.52 Bn by the End of …
The global ITS market is estimated to attain a valuation of US$ 85.52 Bn by the end of 2031, states a study by Transparency Market Research (TMR). Besides, the report notes that the market is prognosticated to expand at a CAGR of 13.95% during the forecast period, 2022-2031.
The key objective of the TMR report is to offer a complete assessment of the global market including major leading stakeholders of…
Pickup Truck Market to Surpass USD 950 Billion by 2030 | Transparency Market Res …
The global Pickup Truck market is estimated to attain a valuation of US$ 950 Bn by the end of 2030, states a study by Transparency Market Research (TMR). Besides, the report notes that the market is prognosticated to expand at a CAGR of 2% during the forecast period, 2020-2030.
The key objective of the TMR report is to offer a complete assessment of the global market including major leading stakeholders of…
Electrical Appliances Market will surpass USD 589.9 billion by 2031: Transparenc …
The global Electrical Appliances market is estimated to attain a valuation of US$ US$ 589.9 by the end of 2031, states a study by Transparency Market Research (TMR). Besides, the report notes that the market is prognosticated to expand at a CAGR of 7% during the forecast period, 2021-2031.
The key objective of the TMR report is to offer a complete assessment of the global market including major leading stakeholders of…
Advanced Wound Care Management Market projected to expand at a CAGR of 5.8% from …
Transparency Market Research (TMR) has published a new report titled, “Advanced Wound Care Management Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026”. According to the report, the global advanced wound care management market was valued at US$ 8.5 Bn in 2016 and is projected to expand at a CAGR of 5.8% from 2018 to 2026. Surge in incidence of chronic wounds and trauma cases is anticipated…
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…
