Press release
Solar Water Pumps Market 2018 Global Leader | Lorentz, SunEdison, Inc., Solar Power & Pump Co LLC, Wenling Jintai Pump Factory, Grundfos, American West Windmill, Solar Company
Solar Water Pumps Market
The rise in electricity demand for increasing agricultural activities in the Asia-Pacific region and lack of proper infrastructure, are expected to boost the global solar water pump market size over the forecast timeline. Solar water pumps utilize the sunlight to generate electricity and operate the pump to enable the availability of water for agriculture and domestic purposes. They are predominantly used in off grid applications where non form of electrical energy is available. The use of solar water pumps reduces the dependency on fossil fuels such as petrol and diesel, for the use of pumps.
Solar water pumps are increasingly adopted in agricultural and irrigational water purposes around the world. Developing a grid system to connect remote locations and enabling continuous power without the use of fossil fuels, involves high capital cost and technical delays. The solar water pumps are effectively operated in these environments because of their reliable long life, operational flexibility and low labor & maintenance costs.
Solar Water Pump Market is expected to grow over the CAGR of around 5.6% during the period 2017 to 2023.
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Key Players:
The key players of the global solar water pumps market are Lorentz (Germany), SunEdison, Inc. (U.S.), CRI Pumps Pvt. Ltd (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.).
Market Research Analysis
The agriculture segment holds the largest share of solar water pump 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.
Table Of Contents
1 Executive Summary
2 Research Methodology
2.1 Scope Of The Study
2.1.1 Definition
2.1.2 Research Objective
2.1.3 Assumptions
2.1.4 Limitations
2.2 Research Process
2.2.1 Primary Research
2.2.2 Secondary Research
2.3 Market Size Estimation
2.4 Forecast Model
3 Market Dynamics
3.1 Market Drivers
3.2 Market Inhibitors
3.3 Supply/Value Chain Analysis
3.4 Porter’s Five Forces Analysis
4 Global Solar Water Pump Market, By Product
4.1 Introduction
4.2 DC Surface Suction
4.3 AC Submersible
4.4 DC Submersible
4.5 AC Floating
5 Global Solar Water Pump Market, By Application
Continue…………
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LIST OF TABLES
TABLE 1 GLOBAL SOLAR WATER PUMP MARKET, BY PRODUCT
TABLE 2 GLOBAL SOLAR WATER PUMP MARKET, BY APPLICATION
TABLE 3 GLOBAL SOLAR WATER PUMP MARKET, BY REGION
TABLE 4 NORTH AMERICA SOLAR WATER PUMP MARKET, BY PRODUCT
TABLE 5 NORTH AMERICA SOLAR WATER PUMP MARKET, BY APPLICATION
TABLE 6 U.S. SOLAR WATER PUMP MARKET, BY PRODUCT
TABLE 7 U.S. SOLAR WATER PUMP MARKET, BY APPLICATION
TABLE 8 CANADA SOLAR WATER PUMP MARKET, BY PRODUCT
TABLE 9 CANADA SOLAR WATER PUMP MARKET, BY APPLICATION
TABLE 10 EUROPE SOLAR WATER PUMP MARKET, BY PRODUCT
Continue………
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