Title: Solar Pump Market
1Opportunity Analysis and Industry Forecast,
2016-20237
Solar Pump Market by Product, End-user Industry,
and By Operation Global Opportunity Analysis and
Industry Forecast, 2020-2027
Pages 319 Tables 194 Charts36
2- Top Impacting Factors
- The global solar pump market was valued at 1.21
billion in 2019, and is projected to reach 2.05
billion by 2027, registering a CAGR of 6.8 from
2020 to 2027. - Solar pump market growth is driven by increase in
agricultural activities coupled with rise in need
for water extraction. - Adoption of renewable electricity generation
methods along with focus on carbon emission
reduction further boost the market growth. - The global solar pump market is segmented into
product, end-user industry, operation and region.
Global Solar Pump Market Outlook (2020 2027)
Pages 319 Tables 194 Charts36
3- On the basis of product, the market is divided
into surface suction, submersible, and floating. - By end-user industry, the solar pump market
trends are studied across agriculture, water
management, and others. - By Operation, the market is divided into AC pump
and DC pump. The AC pump segment was the highest
contributor to the market expected to grow at a
CAGR of 5.8 during the forecast period. - Region wise, the solar pump market size is
segmented into North America, Europe,
Asia-Pacific, and LAMEA. Asia-Pacific and Europe
collectively accounted for around 77.1 share in
2019, with the former constituting around 55.0
share.
Global Solar Pump Market Outlook (2020 2027)
Pages 319 Tables 194 Charts36
4- Key Findings of The Solar Pump Market
- The floating segment is projected to grow with a
CAGR of 8.7 during the forecast period. - Agriculture is projected serve as a lucrative
segment for manufacturers to invest in the
future. - Europe is expected to grow with a CAGR of 8.5
during the forecast period. - The submersible and surface suction segments
collectively accounted for around 83.3 market
share in 2019, with the former constituting
around 55.3 share.
Global Solar Pump Market Outlook (2020 2027)
Pages 319 Tables 194 Charts36
5- The key players profiled in the report include
- Vincent Solar Energy
- TATA
- Power Solar Systems Ltd.
- Shakti pump
- CRI Pump Pvt. Ltd.
- Oswal Pump Ltd.
- LORENTZ
- The Lubi Group
- Samking Pump Company
- Greenmax Technology
- AQUA GROUP
Global Solar Pump Market Outlook (2020 2027)
Pages 319 Tables 194 Charts36
6Global Solar Pump Market Outlook (2020 2027)
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