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The global solar water pump market is expected to grow at a considerable CAGR of 5.8% during the forecast period (2021-2027). Solar water pumps are gaining prominence as they run on electricity generated by solar panels which results in relatively lower emissions.
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Orion Market Research Global Solar Water Pump Market, Size, Share, Analysis Report & Forecast to 2027 To Market: https://www.omrglobal.com/request-sample/solar-water-pump-market Request a Sample of our Report on Global Solar Water Pump Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +91 780-304-0404
The global solar water pump market global solar water pump market is anticipated to grow at a considerable CAGR of 5.8% during the forecast period (2021-2027). The market growth is mainly attributed to the adoption of solar water pumps over diesel pumps owing to zero fuel costs and less labor and maintenance. The prominence of solar water pumps has been increasing gradually over the years due to its offering of clean, sustainable energy solutions when compared to fuel-powered pumps. The rise in fuel prices coupled with the shortage of the same is major restraints of diesel pumps, in turn boosting the adoption of solar water pumps. Furthermore, the high maintenance and other financial risks associated with the diesel pumps have resulted in an increased inclination toward solar water pumps, owing to their relatively greater advantages. In addition, increasing cohesive government initiatives promoting the use of solar water pumps in several countries is stimulating the growth of the solar water pump market. (Get 15% Discount on Buying this Report) A full Report of Global Solar Water Pump Market is Available at: https://www.omrglobal.com/industry-reports/solar-water-pump-market According to the 2018-2019 report of the Ministry of New and Renewable Energy (MNME), in India about 240,000 solar PV water pumps have been sanctioned and over 237,000 solar pumps have been installed as of March 2019. Likewise, the Government of India announced various schemes to meet their renewables targets for 2022 by providing financial support of around $4.7 billion to the implementing agencies. The initiatives intend to install 1.75 million solar-powered agriculture pumps of the individual pump by the end of 2022. Market Coverage • The market number available for – 2020-2027 • Base year- 2020 • Forecast period- 2021-2027 Segment Covered- • By Type • Component • Applications • End-user Regions Covered- • North America • Europe • Asia-Pacific • Rest of the World •Competitive Landscape- Tata Power Solar Systems Ltd., Grundfos Pumps Corp., Bright Solar Ltd., LORENTZ, Shakti Pumps Ltd. Recent Strategic Initiatives in the Global Solar Water Pump Market In March 2021, Shakti Pump Ltd. announced that it has received a contract from the Uganda Government from the Ministry of Water and Environment for the Supply of solar-powered water pumping systems. The order export was $35 million from Uganda. To Request a Sample of our Report Market: https://www.omrglobal.com/request-sample/solar-water-pump-market on Global Solar Water Pump
Global Solar Water Pump Market Report Segment By Type • Surface Water Pumps • Submersible Water Pumps By Applications • Agricultural • Water Supply • Other (Oil and Gas Fracking Activities) By End-User • Small-Scale Based • Large-Scale Based Regional Analysis North America •United States •Canada Europe •UK •Germany •Spain •France •Italy •Rest of Europe Asia-Pacific •India •China •Japan •Rest of APAC Rest of The World Company Profiles • • • • • • • • Alpex Solar Pvt. Ltd. Bright Solar Ltd. C.R.I. Pumps Private Ltd. Grundfos Pumps Corp. Jain Irrigation Systems Ltd. JJ PV Solar Kirloskar Brothers Ltd. LORENTZ
• • • • • • • • • • Lubi Electronics Rainbow Power Company Ltd. Shakti Pumps (India) Ltd. Span Pumps Pvt Ltd. SunEdison, Inc. Tata Power Solar Systems Ltd. Topsun Energy Ltd. Udhaya Semiconductors Ltd. Waaree Energies Ltd. Symtech Solar Group. Reasons to Buying From us – 1. We cover more than 15 major industries, further segmented into more than 90 sectors. 2. More than 120 countries are for analysis. 3. Over 100+ paid data sources mined for investigation. 4. Our expert research analysts answer all your questions before and after purchasing your report. For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report- customization/solar-water-pump-market About Orion Market Research Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research- based services. For More Information, Visit Orion Market Research Media Contact: Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +91 7803040404