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Global Solar Pump Market Size study, by Product (Surface Suction, Submersible, Floating), by Operation (AC Pump, DC Pump), by End-User (Agriculture, Water Management, Others) and Regional Forecasts 2020-2027

  • BIZ4026563
  • 200 Pages
  • August 2020
  • Energy and Power
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Global Solar Pump Market is valued approximately at USD 1.2 billion in 2019 and is anticipated to grow with a CAGR of more than 6.8% over the forecast period 2020-2027. The solar energy concept is no longer limited across developed regions, however, it is gradually being adopted all over the world. It has been acclaimed as a one-stop solution for the development of a sustainable future. With the emergence of solar energy concepts, solar pumps have been developed. These pumps usually operate on the electricity production through using photovoltaic panels or radiated thermal energy accessible from accumulated sunlight against diesel-run water pumps. The function of solar pumps is more economical than traditional pumps, due to the lower maintenance and operation costs and also limited environmental impact as compared to pumps powered by an internal combustion engine (ICE). These pumps are usually useful where grid electricity is inaccessible and replacement sources do not provide adequate energy. The rise in demand for electricity generated through renewable energy sources, along with the increasing government subsidies in the form of financial incentives to install solar pumps are the few factors responsible for the CAGR of the market during the forecast period. According to the Center for Climate and Energy Solution, the U.S. is a leading country in the generation of renewable energy, increasing at 100% from 2000 to 2018. Renewable made up over 17% of net electricity generation in 2018, with the massive share getting from hydropower (7%) and wind power (6.6%). While solar generation (comprising distributed) is anticipated to reach from 11% of the overall U.S. renewable generation in 2017 to 48% by 2050, that makes it the fastest-growing electricity source. This, in turn, is expected to strengthen the market growth all over the world. However, the high installation of solar pump cost is one of the major factors restraining the market growth over the forecast period of 2020-2027.

The regional analysis of the global Solar Pump market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia-pacific is the leading/significant region across the world in terms of market share owing to the favorable government support and subsidies for the installation of solar pumps in agricultural activities, along with the presence of a significant number of manufacturers in the region. Whereas Asia-Pacific is also anticipated to exhibit the highest growth rate / CAGR over the forecast period 2020-2027.

Major market player included in this report are:

Vincent Solar Energy

Tata Power Solar Systems Ltd.

Shakti Solar Pumping System

CRI Pump Pvt. Ltd.

Oswal Pump Ltd.

Lorentz

Bright Solar Limited

Greenmax Technology

Aqua Group

SunEdison, Inc.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product:

Surface Suction

Submersible

Floating

By Operation:

AC Pump

DC Pump

By End-User:

Agriculture

Water Management

Others

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018

Base year – 2019

Forecast period – 2020 to 2027

Target Audience of the Global Solar Pump Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Chapter 1. Executive Summary

1.1. Market Snapshot

1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)

1.2.1. Solar Pump Market, by Region, 2018-2027 (USD Billion)

1.2.2. Solar Pump Market, by Product, 2018-2027 (USD Billion)

1.2.3. Solar Pump Market, by Operation, 2018-2027 (USD Billion)

1.2.4. Solar Pump Market, by End-User, 2018-2027 (USD Billion)

1.3. Key Trends

1.4. Estimation Methodology

1.5. Research Assumption

Chapter 2. Global Solar Pump Market Definition and Scope

2.1. Objective of the Study

2.2. Market Definition & Scope

2.2.1. Scope of the Study

2.2.2. Industry Evolution

2.3. Years Considered for the Study

2.4. Currency Conversion Rates

Chapter 3. Global Solar Pump Market Dynamics

3.1. Solar Pump Market Impact Analysis (2018-2027)

3.1.1. Market Drivers

3.1.2. Market Challenges

3.1.3. Market Opportunities

Chapter 4. Global Solar Pump Market Industry Analysis

4.1. Porter’s 5 Force Model

4.1.1. Bargaining Power of Suppliers

4.1.2. Bargaining Power of Buyers

4.1.3. Threat of New Entrants

4.1.4. Threat of Substitutes

4.1.5. Competitive Rivalry

4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027)

4.2. PEST Analysis

4.2.1. Political

4.2.2. Economical

4.2.3. Social

4.2.4. Technological

4.3. Investment Adoption Model

4.4. Analyst Recommendation & Conclusion

Chapter 5. Global Solar Pump Market, by Product

5.1. Market Snapshot

5.2. Global Solar Pump Market by Product, Performance - Potential Analysis

5.3. Global Solar Pump Market Estimates & Forecasts by Product 2017-2027 (USD Billion)

5.4. Solar Pump Market, Sub Segment Analysis

5.4.1. Surface Suction

5.4.2. Submersible

5.4.3. Floating

Chapter 6. Global Solar Pump Market, by Operation

6.1. Market Snapshot

6.2. Global Solar Pump Market by Operation, Performance - Potential Analysis

6.3. Global Solar Pump Market Estimates & Forecasts by Operation 2017-2027 (USD Billion)

6.4. Solar Pump Market, Sub Segment Analysis

6.4.1. AC Pump

6.4.2. DC Pump

Chapter 7. Global Solar Pump Market, by End-User

7.1. Market Snapshot

7.2. Global Solar Pump Market by End-User - Potential Analysis

7.3. Global Solar Pump Market Estimates & Forecasts by End-User 2017-2027 (USD Billion)

7.4. Solar Pump Market, Sub Segment Analysis

7.4.1. Agriculture

7.4.2. Water Management

7.4.3. Others

Chapter 8. Global Solar Pump Market, Regional Analysis

8.1. Solar Pump Market, Regional Market Snapshot

8.2. North America Solar Pump Market

8.2.1. U.S. Solar Pump Market

8.2.1.1. Product breakdown estimates & forecasts, 2017-2027

8.2.1.2. Operation breakdown estimates & forecasts, 2017-2027

8.2.1.3. End-User breakdown estimates & forecasts, 2017-2027

8.2.2. Canada Solar Pump Market

8.3. Europe Solar Pump Market Snapshot

8.3.1. U.K. Solar Pump Market

8.3.2. Germany Solar Pump Market

8.3.3. France Solar Pump Market

8.3.4. Spain Solar Pump Market

8.3.5. Italy Solar Pump Market

8.3.6. Rest of Europe Solar Pump Market

8.4. Asia-Pacific Solar Pump Market Snapshot

8.4.1. China Solar Pump Market

8.4.2. India Solar Pump Market

8.4.3. Japan Solar Pump Market

8.4.4. Australia Solar Pump Market

8.4.5. South Korea Solar Pump Market

8.4.6. Rest of Asia Pacific Solar Pump Market

8.5. Latin America Solar Pump Market Snapshot

8.5.1. Brazil Solar Pump Market

8.5.2. Mexico Solar Pump Market

8.6. Rest of The World Solar Pump Market

Chapter 9. Competitive Intelligence

9.1. Top Market Strategies

9.2. Company Profiles

9.2.1. Vincent Solar Energy

9.2.1.1. Key Information

9.2.1.2. Overview

9.2.1.3. Financial (Subject to Data Availability)

9.2.1.4. Product Summary

9.2.1.5. Recent Developments

9.2.2. Tata Power Solar Systems Ltd.

9.2.3. Shakti Solar Pumping System

9.2.4. CRI Pump Pvt. Ltd.

9.2.5. Oswal Pump Ltd.

9.2.6. Lorentz

9.2.7. Bright Solar Limited

9.2.8. Greenmax Technology

9.2.9. Aqua Group

9.2.10. SunEdison, Inc.

Chapter 10. Research Process

10.1. Research Process

10.1.1. Data Mining

10.1.2. Analysis

10.1.3. Market Estimation

10.1.4. Validation

10.1.5. Publishing

10.2. Research Attributes

10.3. Research Assumption

TABLE 1. Global Solar Pump market, report scope

TABLE 2. Global Solar Pump market estimates & forecasts by region 2017-2027 (USD Billion)

TABLE 3. Global Solar Pump market estimates & forecasts by Product 2017-2027 (USD Billion)

TABLE 4. Global Solar Pump market estimates & forecasts by Operation 2017-2027 (USD Billion)

TABLE 5. Global Solar Pump market estimates & forecasts by End-User 2017-2027 (USD Billion)

TABLE 6. Global Solar Pump market by segment, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 7. Global Solar Pump market by region, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 8. Global Solar Pump market by segment, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 9. Global Solar Pump market by region, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 10. Global Solar Pump market by segment, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 11. Global Solar Pump market by region, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 12. Global Solar Pump market by segment, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 13. Global Solar Pump market by region, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 14. Global Solar Pump market by segment, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 15. Global Solar Pump market by region, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 16. Global Solar Pump market by segment, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 17. Global Solar Pump market by region, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 18. Global Solar Pump market by segment, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 19. Global Solar Pump market by region, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 20. Global Solar Pump market by segment, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 21. Global Solar Pump market by region, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 22. U.S. Solar Pump market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 23. U.S. Solar Pump market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 24. U.S. Solar Pump market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 25. Canada Solar Pump market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 26. Canada Solar Pump market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 27. Canada Solar Pump market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 28. UK Solar Pump market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 29. UK Solar Pump market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 30. UK Solar Pump market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 31. Germany Solar Pump market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 32. Germany Solar Pump market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 33. Germany Solar Pump market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 34. France Solar Pump market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 35. France Solar Pump market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 36. France Solar Pump market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 37. Spain Solar Pump market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 38. Spain Solar Pump market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 39. Spain Solar Pump market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 40. Italy Solar Pump market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 41. Italy Solar Pump market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 42. Italy Solar Pump market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 43. ROE Solar Pump market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 44. ROE Solar Pump market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 45. ROE Solar Pump market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 46. China Solar Pump market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 47. China Solar Pump market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 48. China Solar Pump market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 49. India Solar Pump market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 50. India Solar Pump market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 51. India Solar Pump market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 52. Japan Solar Pump market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 53. Japan Solar Pump market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 54. Japan Solar Pump market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 55. Australia Solar Pump market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 56. Australia Solar Pump market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 57. Australia Solar Pump market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 58. South Korea Solar Pump market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 59. South Korea Solar Pump market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 60. South Korea Solar Pump market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 61. ROPAC Solar Pump market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 62. ROPAC Solar Pump market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 63. ROPAC Solar Pump market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 64. Brazil Solar Pump market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 65. Brazil Solar Pump market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 66. Brazil Solar Pump market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 67. Mexico Solar Pump market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 68. Mexico Solar Pump market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 69. Mexico Solar Pump market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 70. ROLA Solar Pump market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 71. ROLA Solar Pump market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 72. ROLA Solar Pump market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 73. ROW Solar Pump market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 74. ROW Solar Pump market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 75. ROW Solar Pump market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 76. List of secondary End-Users, used in the study of global Solar Pump market

TABLE 77. List of primary End-Users, used in the study of global Solar Pump market

TABLE 78. Years considered for the study

TABLE 79. Exchange rates considered

 
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