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Solar water pumps market Research Report- Forecast to 2023

SOLAR WATER PUMPS MARKET SIZE & TOP KEY

PLAYER | CAGR 5.6% BY 2023

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Copyright © 2017 Market Research Future.


Solar water pumps market Research Report- Forecast to 2023

1 Summary A Solar Water Pump is a device, which runs on the electricity generated by photovoltaic panels. Solar water pumps are not connected with the grid and result in very less emission compared to conventional pumps. Solar water pumps are increasingly used in regions where grid electricity is unavailable and alternative sources such as wind do not provide enough power for operations. Solar pump components consists of solar panels, a controller and a pump while the size of the PV system determines the operating capacity of the pump.

Solar pumps are increasingly being used in domestic and agriculture applications, especially for delivering drinking water for livestock and irrigation. Also, solar water pumps are used in oil and gas fracking activities to reduce the environmental impact of the oil recovery process.

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.).

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Copyright Š 2017 Market Research Future.


Solar water pumps market Research Report- Forecast to 2023

2 Market Overview 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 pump market.

Intended Audience:

   

Distributer & Supplier companies End Users Consultants and Investment bankers Government as well as Independent Regulatory Authorities

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Copyright © 2017 Market Research Future.


Solar water pumps market Research Report- Forecast to 2023

3 Drivers: -

Increasing demand for uninterrupted electric supply Low operational and maintanance cost

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.

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Copyright Š 2017 Market Research Future.


Solar water pumps market Research Report- Forecast to 2023

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Copyright Š 2017 Market Research Future.

SOLAR WATER PUMPS MARKET & TOP KEY PLAYER | CAGR 5.6% BY 2023  

The report for Global Solar Water Pumps Market of Market Research Future comprises of extensive primary research along with the detailed ana...

SOLAR WATER PUMPS MARKET & TOP KEY PLAYER | CAGR 5.6% BY 2023  

The report for Global Solar Water Pumps Market of Market Research Future comprises of extensive primary research along with the detailed ana...

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