Solar Water Pumps Market – Overview
Global Solar Water Pumps Market is growing pervasively mainly due to the Solar Water Initiative and the potential of solar water pumps in transforming lives and ways of working. Solar-powered water pumps offer so many possibilities for the development and humanitarian aid, from lighting to internet connectivity to the water provision.
Augmenting demand for access to the clean and safe drinking water, globally, is escalating the market on the global platform. Regions, where solar power is abundantly available, are reducing their dependency on diesel fuel which proves to be an expensive option. And hence, these regions are investing hugely in the solarization of water supply infrastructure to bring drinking water supply sustainably.
Acknowledging the potential, the market is demonstrating currently; Market Research Future (MRFR), in its recently published study report asserts that the global solar water pumps will reach exponential heights by 2023, registering a 5.6% CAGR during the anticipated period (2017 – 2023).
Attributing to their wide-spread application areas, solar water pumps witness huge demand, and hence, its market is increasing rapidly. Additional factors supporting the market growth include; rapidly increasing population, industrialization, urbanization and most importantly, the depleting water reserves worldwide.
Global Solar Water Pumps Market – Competitive Analysis
The market is highly competitive yet consolidated. Mergers & acquisitions, Innovation, brand reinforcement, and partnership remain the key trends for leading players. They strive to develop pumps that can reduce the downtime and maintenance with longer life lowering the total costs. Due to the expected extensions in product, service, and product innovations, the market is soon expected to witness a fierce competition.
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Key Players:
Some of the Eminent Players leading the market include
- SunEdison, Inc. (US)
- Lorentz (Germany)
- CRI Pumps Pvt. Ltd (India)
- Tata Power Solar Systems Ltd. (India)
- Solar Power & Pump Co LLC (US)
- Shakti Solar Pumping System (India)
- Bright Solar Pvt. Ltd. (India)
- Wenling Jintai Pump Factory (China)
- American West Windmill and Solar Company (US)
- Grundfos (Denmark)
Study Objectives of Global Solar Water Pumps Market:
- To provide detailed analysis of the market structure along with forecast for the next five years of the various segments and sub-segments of the global solar water pumps market
- To provide insights about factors affecting the market growth
- To analyze the global solar water pumps market based on various tools such as Supply Chain Analysis, and Porter’s Five Forces Analysis
- To provide historical and forecast revenue of the market segments and sub-segments with respect to regions and their respective key countries
- To provide country level analysis of the market with respect to the current market size and future prospective
- To provide country level analysis of the market for segments by material type, product, application and region
- To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
- To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the solar water pumps market
Intended Audience:
- Distributer & Supplier companies
- End Users
- Consultants and Investment bankers
- Government as well as Independent Regulatory Authorities
Product Analysis:
- Product matrix which gives a detailed comparison of the market for different recycled product types
Additional Information:
- Regulatory Landscape
- Pricing Analysis
- Macroeconomic Indicators
Geographic Analysis:
- Geographical analysis across 15 countries
Company Information:
- Profiling of 10 key market players
- In-depth analysis including SWOT analysis, and strategy information of related to report title
- Competitive landscape including emerging trends adopted by major companies
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Global Solar Water Pumps Market – Segments
The MRFR analysis is segmented into three key dynamics for the convenience of understanding;
By Products
- · DC Surface Suction
- · AC Submersible
- · DC Submersible
- · AC Floating
By Applications
- · Agriculture
- · Drinking Water
By Region
- North America
- Europe
- APAC
- Rest-of-the-World
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About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
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