India and Global Solar Pumps Market 20192025
Research Trades Added Report on Solar Pumps Market Detail Report with Covid-19 Impact Analysis Solar Pump runs on electricity generated by a solar PV array. The overall pump set is attached to the water source; the solar panel converts the solar energy into electricity, thereby operating the motor to pump water. These pumps eliminate the use of conventional fuel sources such as diesel. During 2017, APAC dominated the global solar pumps market with a market share of nearly 40% in terms of revenue. The demand for solar pumps is mainly driven by the initiatives taken up by countries like India and China to promote sustainable development. These countries have taken measures to increase their solar photovoltaic installations. The rising number of photovoltaic installations in China is expected to propel this market?s growth in APAC. Check How COVID-19 impact on this Market. Need Sample with TOC? Click here https://www.researchtrades.com/request-sample/1601779 In 2019, the market size of Solar Pumps is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period. In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Solar Pumps. This report studies the global market size of Solar Pumps, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast