Solar Pumps Market – Forecast to Grow at a CAGR of 32.2% During 2016-2022 – Research and Markets

DUBLIN–(BUSINESS WIRE)–The "Solar
Pumps – Global Market Outlook (2016-2022)" report has been
added to Research and Markets' offering.

The Global Solar Pumps market is expected to grow from $0.027 billion in
2016 to reach $0.148 billion by 2022 with a CAGR of 32.2%. Growing
customer preferences towards solar pumps rather than diesel pumps and
raising demand for automated pump systems are some of the factors
fuelling the market growth. In addition, due to less availability of its
spare parts whenever required and huge capital investment are hindering
the growth of the market.

Based on the application segment, agriculture industry leads the market
globally as solar pumps are used where there is water scarcity,
insufficient electricity and erratic rainfall. However, in product
segment the demand for AC submersible pumps is growing rapidly as it is
intended to supply groundwater from boreholes and deep wells. Asia
Pacific is expected to witness huge growth due to increasing number of
photovoltaic installations in China.

Applications Covered:

• Drinking water
• Agriculture
• Other Applications
• Oil & gas
• Chemical

Product Types Covered:

• Alternating Current(AC) AC Floating
• Direct Current (DC) surface pump or floating pump set
• DC Submersible
• AC surface or submersible pump set

What The Report Offers:

• Market share assessments for the regional and country level segments
• Market share analysis of the top industry players
• Strategic recommendations for the new entrants
• Market forecasts for a minimum of 7 years of all the mentioned
  segments, sub segments and the regional markets
• Market Trends (Drivers, Constraints, Opportunities, Threats,
  Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market
  estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent
  developments
• Supply chain trends mapping the latest technological advancements

Companies Mentioned

• Bright Solar Water Pumps
• Tata Power Solar Systems Ltd.
• CRI Group
• Solar Power & Pump Co., LLC
• Rainbow Power Co., Ltd.
• American West Windmill & Solar Company
• Grundfos
• Wenling Jintai Pump Factory
• SunEdison
• Shakti Solar Pumping System
• Lorentz
• Greenmax Technology
• Conergy
• Dankoff Solar
• Greenmax Technology
• Flowserve

Key Topics Covered:

1. Executive Summary

2. Preface

3. Market Trend Analysis

4. Porters Five Force Analysis

5. Global Solar Pumps Market, By Application

6. Global Solar Pumps Market, By Product Type

7. Global Solar Pumps Market, By Geography

8. Key Developments

9. Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/x5cdnk/solar_pumps

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Research and Markets
Laura Wood, Senior Manager
[email protected]
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Related
Topics: Pumps