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Solar Pump Market

The global solar pump market is segmented into product, end-user industry, operation,<br>and region. On the basis of product, the market is divided into surface suction,<br>submersible, and floating. The submersible and surface suction segments collectively<br>accounted for around 83.3% market share in 2019, with the former constituting around<br>55.3% share. The floating and surface suction segments are expected to witness<br>significant CAGRs of 8.7% and 7.3%, respectively, during the forecast period.

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Solar Pump Market

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  1. Opportunity 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 Charts:36

  2. Global Solar Pump Market Outlook (2020 – 2027) • 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. • Pages: 319 Tables: 194 Charts:36

  3. Global Solar Pump Market Outlook (2020 – 2027) • 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. • Pages: 319 Tables: 194 Charts:36

  4. Global Solar Pump Market Outlook (2020 – 2027) • 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. • Pages: 319 Tables: 194 Charts:36

  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 Charts:36

  6. Global Solar Pump Market Outlook (2020 – 2027) Thank You! For More Details Visit us at https://www.alliedmarketresearch.com Follow Us On

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