Photovoltaic Pump Market Size and Trends Analysis Report 2022: Business Lines, Top Markets, Regulatory Overview, Competitive Landscape and Forecasts to 2029 – LORENTZ, Grundfos, CRI Group, Mono Pumps
The Photovoltaic Pump market research delivers comprehensive research on the present stage of the market, covers market size with respect to assessment as sales volume, and provides a precise forecast of the market scenario over the estimated period. Also focuses on the product, application, manufacturers, suppliers, and regional segments of the market. Photovoltaic Pump market report research highlights market driving factors, an overview of the market growth, industry size, and market share. Subsequently Photovoltaic Pump market report depicts the constantly evolving needs of clients, vendors, and purchasers in different regions, it becomes simple to target specific market and generate large revenues in the global industry.
Some of these key players include: LORENTZ, Grundfos, CRI Group, Mono Pumps, Shakti Solar, Tata Power, Bright Solar, USL, Advanced Power, SAJ, Chinalight Solar, CEEG, Quoncion Solar, Komaes Solar, Solartech, MNE, Evergreen Group and others.
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The Photovoltaic Pump market is expected to register a CAGR of more than 5% during the forecast period, 2022-2029.
Key Development:
In January 2021, Energy Efficiency Services Limited (EESL) had invited bids to set up an aggregate of 317,975 quantities of 1-10 HP solar pumps across India under Component-B of the Kisan Urja Suraksha Evam Utthan Mahaabhiyan (KUSUM) rural solar scheme. The program’s Component-B aims to assist farmers in installing standalone solar agriculture pumps to replace diesel-powered pumps.
April 2021 – C.S.C. partnered with Tata Power to install solar-powered microgrids and water pumps. The partnership will allow Tata Power to bring technology and financial strength to set up the distributed, small-scale solar power systems in rural areas and provide round-the-clock power supply to households and businesses. Whereas, C.S.C. brings to the partnership village-level entrepreneurs to provide quick, low-cost service, and support rural consumers with distributed solar power supply
In September 2021, Grundfos expanded its line of solar-powered submersible pumps with the introduction of the SQFlex Large. In response to the rising demand for solar energy pumps and the region’s varied weather, the firm increased its product line across Asia and the Pacific.
Global Photovoltaic Pump Market by Type:
DC Surface Suction
AC Submersible
DC Submersible
AC Floating
Global Photovoltaic Pump Market by Application:
Living Water
Agrirculture
Others
Regional Assessment:
Geographically, the global Photovoltaic Pump market is classified into four major regions including North America (the US and Canada), Europe (UK, Germany, France, Italy, Spain, and Rest of Europe), Asia-Pacific (India, China, Japan, and Rest of Asia-Pacific), and Rest of the World (Latin America and the Middle East and Africa (MEA)).
Market Segment Analysis:
The Photovoltaic Pump Report provides a primary review of the industry along with definitions, classifications, and enterprise chain shape. Market analysis is furnished for the worldwide markets which include improvement tendencies, hostile view evaluation, and key regions development. Development policies and plans are discussed in addition to manufacturing strategies and fee systems are also analysed. This file additionally states import/export consumption, supply and demand, charge, sales and gross margins.
The Research covers the following objectives:
– To study and analyze the Global Photovoltaic Pump consumption by key regions/countries, product type and application, history data from 2016 to 2021, and forecast to 2028.
– To understand the structure of Photovoltaic Pump market by identifying its various sub-segments.
– Focuses on the key global Photovoltaic Pump manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, Porter’s five forces analysis, SWOT analysis and development plans in next few years.
– To analyze the Photovoltaic Pump with respect to individual growth trends, future prospects, and their contribution to the total market.
– To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
– To project the consumption of Photovoltaic Pump submarkets, with respect to key regions (along with their respective key countries).
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The report on the market presents a critical assessment of frameworks for branding decisions, market fit growth strategies, and approaches for leaders and pioneers. The study analyzes distribution channel, product portfolio, business units of top players, and goal attacking, and market expansion.
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