Global Solar Pumps Market: Industry analysis and Forecast 2020-2027 By Product, Application and Region.

Global Solar Pumps Market: Industry analysis and Forecast 2020-2027 By Product, Application and Region.

Market Scenario

Solar Pump Market to grow at 29.54 % CAGR during the forecast period. Increasing dependency on renewable energy based products drives solar pumps market over the forecast period. Increasing government subsidies to install solar pumps is further expected to propel the market growth over the forecast period. Stringent government regulations to reduce carbon footprints are expected to accelerate solar pumps market growth. However, high initial cost compared to conventional diesel pumps poses a key challenge for market players. The report study has analyzed revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers and disrupters in the report and same is reflected in our analysis. DC surface suction is the leading product for solar pumps and accounted for three fourth of total solar pumps market in 2017. Increasing drip irrigation activities particularly in emerging economies of Asia Pacific is expected to drive solar powered DC suction pumps over the forecast period. While AC submersible pumps is foreseen to witness the highest growth rate over the forecast period. Escalating demand for greater efficiency solar pumps particularly in emerging economies of India is predicted to drive the demand for AC submersible pumps during the forecast period. AC submersible pumps are especially designed to pump groundwater from deeper wells or boreholes where DC suction pumps cannot be utilized. Agriculture is dominant application segment of solar pumps and will remain dominant throughout the forecast. Increase in agricultural activities across globe coupled with water required for irrigation drives the agriculture application segment. Clean and continuous water supply is essential to remote place of various regions where electricity supply is a problem and operating diesel pumps is expensive. Asia Pacific region is foremost in solar pump market with two third share of total market volume in 2017. Increasing agricultural activities coupled with government subsidies in the form of financial incentives to drive solar pumps market in Asia Pacific. Countries in this region such as China, India, Bangladesh, and Pakistan are major agricultural regions with plentiful availability of solar energy. The swing in trend towards reducing dependency on importing fossil fuels in the form of diesel and butane for their primary need for energy to generate electricity for agriculture and drinking water. The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding solar pump market dynamics, structure by identifying and analyzing the market segments and project the market size. Further, the report also focuses on a competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER's analysis, SWOT analysis to address questions of shareholders to prioritizing the efforts and investment in the near future to the emerging segment in solar pump market.

Scope of Global Solar Pumps Market

Global Solar Pumps Market, By Product:

• DC Surface Suction • AC Submersible • DC Submersible • AC Floating

Global Solar Pumps Market, By Application:

• Agriculture • Drinking Water

Global Solar Pumps Market, By Region:

• North America • South America • Asia Pacific • Europe • Middle East & Africa

Key Player analyzed in the report for Global Solar Pumps Market:

• PM Pumpmakers GmbH • Mono • Megawatt New Energy • Solar Online • Dankoff Solar Pumps • Lorentz Technology • Polysolar • Franklin Electric • Tata Power Solar • Greenmax Technololgy • Sun Pumps • Shenzhen Sacred • Bodisun New Energy • Sun Edison • Jain Irrigation • Shakti Pump • CRI Pumps • Tata Power Solar • Kirloaskar Brothers • Schnieder Electric • Grundfos • Bernt Lorentz GmbH & Co. KG • Claro Energy Private Limited • Waaree Energies Ltd. • Zhejiang Taifu Pump Company Ltd. • Yozeal New Energy Technology Co.,Ltd • PM Pump Makers GmbH • Solar Power & Pump Company • SunEdison • Rainbow Power Co., Ltd. • Wenling Jintai Pump Factory • American West Windmill & Solar Company • Bright Solar Water Pumps • USL • GrundfoS Global Pressure Transmitter Market

Table of Contents

Global Solar pump Market

1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Solar pump Size, by Market Value (US$ Mn) and Market Volume (Units) 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Opportunities 4.2.4. Challenges 4.3. Porter’s Analysis 4.4. Value Chain Analysis 4.5. Market Risk Analysis 4.6. SWOT Analysis 4.7. Global Solar pump Market Industry Trends and Emerging Technologies 5. Supply Side and Demand Side Indicators 6. Global Solar pump Market Analysis and Forecast 6.1. Global Solar pump Market Size & Y-o-Y Growth Analysis 6.1.1. North America 6.1.2. Europe 6.1.3. Asia Pacific 6.1.4. Middle East & Africa 6.1.5. South America 7. Global Solar pump Market Analysis and Forecast, by Product 7.1. Introduction and Definition 7.2. Key Findings 7.3. Global Solar pump Market Value Share Analysis, by Product 7.4. Global Solar pump Market Size (US$ Mn) Forecast, by Product 7.5. Global Solar pump Market Analysis, by Product 7.6. Global Solar pump Market Attractiveness Analysis, by Product 8. Global Solar pump Market Analysis and Forecast, by Application 8.1. Introduction and Definition 8.2. Key Findings 8.3. Global Solar pump Market Value Share Analysis, by Application 8.4. Global Solar pump Market Size (US$ Mn) Forecast, by Application 8.5. Global Solar pump Market Analysis, by Application 8.6. Global Solar pump Market Attractiveness Analysis, by Application 9. Global Solar pump Market Analysis, by Region 9.1. Global Solar pump Market Value Share Analysis, by Region 9.2. Global Solar pump Market Size (US$ Mn) Forecast, by Region 9.3. Global Solar pump Market Attractiveness Analysis, by Region 10. North America Solar pump Market Analysis 10.1. Key Findings 10.2. North America Solar pump Market Overview 10.3. North America Solar pump Market Value Share Analysis, by Product 10.4. North America Solar pump Market Forecast, by Product 10.4.1. DC Surface Suction 10.4.2. AC Submersible 10.4.3. DC Submersible 10.4.4. AC Floating 10.5. North America Solar pump Market Value Share Analysis, by Application 10.6. North America Solar pump Market Forecast, by Application 10.6.1. Agriculture 10.6.2. Drinking Water 10.7. North America Solar pump Market Value Share Analysis, by Country 10.8. North America Solar pump Market Forecast, by Country 10.8.1. U.S. 10.8.2. Canada 10.9. North America Solar pump Market Analysis, by Country 10.10. U.S. Solar pump Market Forecast, by Product 10.10.1. DC Surface Suction 10.10.2. AC Submersible 10.10.3. DC Submersible 10.10.4. AC Floating 10.11. U.S. Solar pump Market Forecast, by Application 10.11.1. Agriculture 10.11.2. Drinking Water 10.12. Canada Solar pump Market Forecast, by Product 10.12.1. DC Surface Suction 10.12.2. AC Submersible 10.12.3. DC Submersible 10.12.4. AC Floating 10.13. Canada Solar pump Market Forecast, by Application 10.13.1. Agriculture 10.13.2. Drinking Water 10.14. North America Solar pump Market Attractiveness Analysis 10.14.1. By Product 10.14.2. By Application 10.15. PEST Analysis 10.16. Key Trends 10.17. Key Development 11. Europe Solar pump Market Analysis 11.1. Key Findings 11.2. Europe Solar pump Market Overview 11.3. Europe Solar pump Market Value Share Analysis, by Product 11.4. Europe Solar pump Market Forecast, by Product 11.4.1. DC Surface Suction 11.4.2. AC Submersible 11.4.3. DC Submersible 11.4.4. AC Floating 11.5. Europe Solar pump Market Value Share Analysis, by Application 11.6. Europe Solar pump Market Forecast, by Application 11.6.1. Agriculture 11.6.2. Drinking Water 11.7. Europe Solar pump Market Value Share Analysis, by Country 11.8. Europe Solar pump Market Forecast, by Country 11.8.1. Germany 11.8.2. U.K. 11.8.3. France 11.8.4. Italy 11.8.5. Spain 11.8.6. Rest of Europe 11.9. Europe Solar pump Market Analysis, by Country 11.10. Germany Solar pump Market Forecast, by Product 11.10.1. DC Surface Suction 11.10.2. AC Submersible 11.10.3. DC Submersible 11.10.4. AC Floating 11.11. Germany Solar pump Market Forecast, by Application 11.11.1. Agriculture 11.11.2. Drinking Water 11.12. U.K. Solar pump Market Forecast, by Product 11.12.1. DC Surface Suction 11.12.2. AC Submersible 11.12.3. DC Submersible 11.12.4. AC Floating 11.13. U.K. Solar pump Market Forecast, by Application 11.13.1. Agriculture 11.13.2. Drinking Water 11.14. France Solar pump Market Forecast, by Product 11.14.1. DC Surface Suction 11.14.2. AC Submersible 11.14.3. DC Submersible 11.14.4. AC Floating 11.15. France Solar pump Market Forecast, by Application 11.15.1. Agriculture 11.15.2. Drinking Water 11.16. Italy Solar pump Market Forecast, by Product 11.16.1. DC Surface Suction 11.16.2. AC Submersible 11.16.3. DC Submersible 11.16.4. AC Floating 11.17. Italy Solar pump Market Forecast, by Application 11.17.1. Agriculture 11.17.2. Drinking Water 11.18. Spain Solar pump Market Forecast, by Product 11.18.1. DC Surface Suction 11.18.2. AC Submersible 11.18.3. DC Submersible 11.18.4. AC Floating 11.19. Spain Solar pump Market Forecast, by Application 11.19.1. Agriculture 11.19.2. Drinking Water 11.20. Rest of Europe Solar pump Market Forecast, by Product 11.20.1. DC Surface Suction 11.20.2. AC Submersible 11.20.3. DC Submersible 11.20.4. AC Floating 11.21. Rest of Europe Solar pump Market Forecast, by Application 11.21.1. Agriculture 11.21.2. Drinking Water 11.22. Europe Solar pump Market Attractiveness Analysis 11.22.1. By Product 11.22.2. By Application 11.23. PEST Analysis 11.24. Key Trend 11.25. Key Development 12. Asia Pacific Solar pump Market Analysis 12.1. Key Findings 12.2. Asia Pacific Solar pump Market Overview 12.3. Asia Pacific Solar pump Market Value Share Analysis, by Product 12.4. Asia Pacific Solar pump Market Forecast, by Product 12.4.1. DC Surface Suction 12.4.2. AC Submersible 12.4.3. DC Submersible 12.4.4. AC Floating 12.5. Asia Pacific Solar pump Market Value Share Analysis, by Application 12.6. Asia Pacific Solar pump Market Forecast, by Application 12.6.1. Agriculture 12.6.2. Drinking Water 12.7. Asia Pacific Solar pump Market Value Share Analysis, by Country 12.8. Asia Pacific Solar pump Market Forecast, by Country 12.8.1. China 12.8.2. India 12.8.3. Japan 12.8.4. ASEAN 12.8.5. Rest of Asia Pacific 12.9. Asia Pacific Solar pump Market Analysis, by Country 12.10. China Solar pump Market Forecast, by Product 12.10.1. DC Surface Suction 12.10.2. AC Submersible 12.10.3. DC Submersible 12.10.4. AC Floating 12.11. China Solar pump Market Forecast, by Application 12.11.1. Agriculture 12.11.2. Drinking Water 12.12. India Solar pump Market Forecast, by Product 12.12.1. DC Surface Suction 12.12.2. AC Submersible 12.12.3. DC Submersible 12.12.4. AC Floating 12.13. India Solar pump Market Forecast, by Application 12.13.1. Agriculture 12.13.2. Drinking Water 12.14. Japan Solar pump Market Forecast, by Product 12.14.1. DC Surface Suction 12.14.2. AC Submersible 12.14.3. DC Submersible 12.14.4. AC Floating 12.15. Japan Solar pump Market Forecast, by Application 12.15.1. Agriculture 12.15.2. Drinking Water 12.16. ASEAN Solar pump Market Forecast, by Product 12.16.1. DC Surface Suction 12.16.2. AC Submersible 12.16.3. DC Submersible 12.16.4. AC Floating 12.17. ASEAN Solar pump Market Forecast, by Application 12.17.1. Agriculture 12.17.2. Drinking Water 12.18. Rest of Asia Pacific Solar pump Market Forecast, by Product 12.18.1. DC Surface Suction 12.18.2. AC Submersible 12.18.3. DC Submersible 12.18.4. AC Floating 12.19. Rest of Asia Pacific Solar pump Market Forecast, by Application 12.19.1. Agriculture 12.19.2. Drinking Water 12.20. Asia Pacific Solar pump Market Attractiveness Analysis 12.20.1. By Product 12.20.2. By Application 12.21. PEST Analysis 12.22. Key Trend 12.23. Key Development 13. Middle East & Africa Solar pump Market Analysis 13.1. Key Findings 13.2. Middle East & Africa Solar pump Market Overview 13.3. Middle East & Africa Solar pump Market Value Share Analysis, by Product 13.4. Middle East & Africa Solar pump Market Forecast, by Product 13.4.1. DC Surface Suction 13.4.2. AC Submersible 13.4.3. DC Submersible 13.4.4. AC Floating 13.5. Middle East & Africa Solar pump Market Value Share Analysis, by Application 13.6. Middle East & Africa Solar pump Market Forecast, by Application 13.6.1. Agriculture 13.6.2. Drinking Water 13.7. Middle East & Africa Solar pump Market Value Share Analysis, by Country 13.8. Middle East & Africa Solar pump Market Forecast, by Country 13.8.1. GCC 13.8.2. South Africa 13.8.3. Rest of Middle East & Africa 13.9. Middle East & Africa Solar pump Market Analysis, by Country 13.10. GCC Solar pump Market Forecast, by Product 13.10.1. DC Surface Suction 13.10.2. AC Submersible 13.10.3. DC Submersible 13.10.4. AC Floating 13.11. GCC Solar pump Market Forecast, by Application 13.11.1. Agriculture 13.11.2. Drinking Water 13.12. South Africa Solar pump Market Forecast, by Product 13.12.1. DC Surface Suction 13.12.2. AC Submersible 13.12.3. DC Submersible 13.12.4. AC Floating 13.13. South Africa Solar pump Market Forecast, by Application 13.13.1. Agriculture 13.13.2. Drinking Water 13.14. Rest of Middle East & Africa Solar pump Market Forecast, by Product 13.14.1. DC Surface Suction 13.14.2. AC Submersible 13.14.3. DC Submersible 13.14.4. AC Floating 13.15. Rest of Middle East & Africa Solar pump Market Forecast, by Application 13.15.1. Pharmaceuticals 13.15.2. Cosmetics 13.15.3. Food 13.16. Middle East & Africa Solar pump Market Attractiveness Analysis 13.16.1. By Product 13.16.2. By Application 13.17. PEST Analysis 13.18. Key Trend 13.19. Key Development 14. South America Solar pump Market Analysis 14.1. Key Findings 14.2. South America Solar pump Market Overview 14.3. South America Solar pump Market Value Share Analysis, by Product 14.4. South America Solar pump Market Forecast, by Product 14.4.1. DC Surface Suction 14.4.2. AC Submersible 14.4.3. DC Submersible 14.4.4. AC Floating 14.5. South America Solar pump Market Value Share Analysis, by Application 14.6. South America Solar pump Market Forecast, by Application 14.6.1. Agriculture 14.6.2. Drinking Water 14.7. South America Solar pump Market Value Share Analysis, by Country 14.8. South America Solar pump Market Forecast, by Country 14.8.1. Brazil 14.8.2. Mexico 14.8.3. Rest of South America 14.9. Brazil Solar pump Market Forecast, by Product 14.9.1. DC Surface Suction 14.9.2. AC Submersible 14.9.3. DC Submersible 14.9.4. AC Floating 14.10. Brazil Solar pump Market Forecast, by Application 14.10.1. Agriculture 14.10.2. Drinking Water 14.11. Mexico Solar pump Market Forecast, by Product 14.11.1. DC Surface Suction 14.11.2. AC Submersible 14.11.3. DC Submersible 14.11.4. AC Floating 14.12. Mexico Solar pump Market Forecast, by Application 14.12.1. Agriculture 14.12.2. Drinking Water 14.13. Rest of South America Solar pump Market Forecast, by Product 14.13.1. DC Surface Suction 14.13.2. AC Submersible 14.13.3. DC Submersible 14.13.4. AC Floating 14.14. Rest of South America Solar pump Market Forecast, by Application 14.14.1. Agriculture 14.14.2. Drinking Water 14.15. South America Solar pump Market Attractiveness Analysis 14.15.1. By Product 14.15.2. By Application 14.16. PEST Analysis 14.17. Key Trend 14.18. Key Development 15. Company Profiles 15.1. Market Share Analysis, by Company 15.2. Competition Matrix 15.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment 15.2.2. New Product Launches and Product Enhancements 15.2.3. Market Consolidation 15.2.3.1. M&A by Regions, Investment and Applications 15.2.3.2. M&A Key Players, Forward Integration and Backward Integration 15.3. Company Profiles: Key Players 15.3.1. PM Pump makers GmbH 15.3.1.1. Company Overview 15.3.1.2. Financial Overview 15.3.1.3. Product Portfolio 15.3.1.4. Business Strategy 15.3.1.5. Recent Developments 15.3.1.6. Manufacturing Footprint 15.3.2. PM Pumpmakers GmbH 15.3.3. Mono 15.3.4. Megawatt New Energy 15.3.5. Solar Online 15.3.6. Dankoff Solar Pumps 15.3.7. Lorentz Technology 15.3.8. Polysolar 15.3.9. Franklin Electric 15.3.10. Tata Power Solar 15.3.11. Greenmax Technololgy 15.3.12. Sun Pumps 15.3.13. Shenzhen Sacred 15.3.14. Bodisun New Energy 15.3.15. Sun Edison 15.3.16. Jain Irrigation 15.3.17. Shakti Pump 15.3.18. CRI Pumps 15.3.19. Tata Power Solar 15.3.20. Kirloaskar Brothers 15.3.21. Schnieder Electric 15.3.22. Grundfos 15.3.23. Bernt Lorentz GmbH & Co. KG 15.3.24. Claro Energy Private Limited 15.3.25. Waaree Energies Ltd. 15.3.26. Zhejiang Taifu Pump Company Ltd. 15.3.27. Yozeal New Energy Technology Co.,Ltd 15.3.28. PM Pump Makers GmbH 15.3.29. Solar Power & Pump Company 15.3.30. SunEdison 15.3.31. Rainbow Power Co., Ltd. 15.3.32. Wenling Jintai Pump Factory 15.3.33. American West Windmill & Solar Company 15.3.34. Bright Solar Water Pumps 15.3.35. USL 15.3.36. GrundfoS 16. Primary Key Insights

About This Report

Report ID27296
Category Engineering Equipment
Published DateJan 2020
No of Pages311
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