Global Solar Pumps Market 2016-2020

  • ID: 3637597
  • Report
  • Region: Global
  • 53 pages
  • TechNavio
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FEATURED COMPANIES

  • Bright Solar
  • CRI Group
  • Flowserve
  • Grundfos
  • LORENTZ
  • SunEdison
  • MORE
About Solar Pumps

A solar pump runs on electricity generated by a solar PV array. The overall pump set is attached to the water source; the solar panel converts the solar energy into electricity, thereby operating the motor to pump water. These pumps eliminate the use of conventional fuel sources such as diesel. Also, they prove to be a cost-effective option for pumping water, especially in areas that face water scarcity and electricity shortage. Some of the major types of solar pumps are surface, submersible, and floating. These pumps are becoming more viable as their prices decline with increasing competition in the market. In addition, subsidies offered in various countries have also aided in lowering the costs of these pumps.

The analysts forecast the global solar pumps market to grow at a CAGR of 34.03% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global solar pumps market for 2016-2020. To calculate the market size, the report considers the demand for solar pumps from different end-users.

The market is divided into the following segments based on geography:

- Americas
- APAC
- EMEA

The report, Global Solar Pumps Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

- Bright Solar
- LORENTZ
- Shakti Pumps
- SunEdison
- Tata Power Solar

Other prominent vendors

- Conergy
- CRI Group
- Dankoff Solar
- Flowserve
- Greenmax Technology
- Grundfos
- Jain Irrigation Systems
- USL

Market drivers

- Insufficient power supply in developing countries
- For a full, detailed list, view the full report

Market challenges

- High initial investment
- For a full, detailed list, view the full report

Market trends

- Demand for automated pump systems
- For a full, detailed list, view the full report

Key questions answered in this report

- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
READ MORE
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Bright Solar
  • CRI Group
  • Flowserve
  • Grundfos
  • LORENTZ
  • SunEdison
  • MORE
PART 01: Executive summary
  • Highlights
PART 02: Scope of the report
  • Market overview
  • Top-vendor offerings
PART 03: Market research methodology
  • Research methodology
  • Economic indicators
PART 04: Introduction
  • Key market highlights
PART 05: Market landscape
  • Market overview
  • Five forces analysis
PART 06: Market segmentation by end-user
  • Market segmentation by end-users
  • Global solar pumps market in agriculture industry
  • Global solar pumps market in water management industry
  • Global solar pumps market for other segments
PART 07: Geographical segmentation
  • Market segmentation by geography
  • Solar pumps market in APAC
  • Solar pumps market in EMEA
  • Solar pumps market in the Americas
PART 08: Key leading countries
  • India
  • China
PART 09: Market drivers
  • Insufficient power supply in developing countries
  • Advantages over diesel pumps
  • Favorable government initiatives in APAC
PART 10: Impact of drivers

PART 11: Market challenges
  • High initial investment
  • Low-cost product offerings in developing countries
  • Lack of awareness and other related challenges
PART 12: Impact of drivers and challenges

PART 13: Market trends
  • Demand for automated pump systems
  • Emergence of solar-diesel hybrid systems
  • Demand for green buildings in MENA
PART 14: Vendor landscape
  • Competitive scenario
  • Other prominent vendors
PART 15: Key vendor analysis
  • Bright Solar
  • Lorentz
  • Shakti Pumps
  • SunEdison
  • Tata Power Solar
PART 16: Appendix
  • List of abbreviations
PART 17: About the Author

List of Exhibits

Exhibit 01: Product offerings
Exhibit 02: Global solar pumps market
Exhibit 03: Value chain of agriculture solar pumps market
Exhibit 04: Global solar pumps market 2015-2020 ($ millions)
Exhibit 05: Five forces analysis
Exhibit 06: Market segmentation by end-users 2015-2020
Exhibit 07: Global solar pumps market in agriculture industry 2015-2020 ($ millions)
Exhibit 08: Global solar pumps market in water management industry 2015-2020 ($ millions)
Exhibit 09: Use of solar pumps to pump drinking water
Exhibit 10: Market segmentation by geography 2015-2020
Exhibit 11: Solar pumps market in APAC 2015-2020 ($ millions)
Exhibit 12: Solar pumps market in EMEA 2015-2020 ($ millions)
Exhibit 13: Favorable factors for growth in Morocco’s solar pumps market
Exhibit 14: Solar pumps market in the Americas 2015-2020 ($ millions)
Exhibit 15: US exports and imports of agriculture products 2012-2015 ($ billions)
Exhibit 16: Solar pumps versus diesel pumps
Exhibit 17: Impact of drivers
Exhibit 18: Impact of drivers and challenges
Exhibit 19: Solar-diesel hybrid system with reservoir
Exhibit 20: Key vendors
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Bright Solar
  • CRI Group
  • Flowserve
  • Grundfos
  • LORENTZ
  • SunEdison
  • MORE
New Report Released: - Global Solar Pumps Market 2016-2020

The author of the report recognizes the following companies as the key players in the Global Solar Pumps Market: Bright Solar, LORENTZ, Shakti Pumps, SunEdison, and Tata Power Solar.

Other Prominent Vendors in the market are: Conergy, CRI Group, Dankoff Solar, Flowserve, Greenmax Technology, Grundfos, Jain Irrigation Systems, and USL.

Commenting on the report, an analyst from the research team said: “The need for increasing agriculture productivity is driving technological developments in the global solar pumps market. Automating these pumps to carry out operations, such as pumping water for irrigation and livestock and fish farming, and ensure domestic water supply is gaining importance worldwide.”

According to the report, developing countries such as China, India, and Bangladesh are taking measures to spread awareness about the benefits of renewable energy such as solar pumps for irrigation purposes. For instance, the Indian government is providing grants and subsidies to the country's farmers to purchase solar water pumping systems. In January 2016, the government announced an investment of $11 billion to set up solar pumps across the country. Such initiatives not only facilitate in reducing the use of conventional energy sources but also help in increasing the market penetration of solar pumps in the developing countries.

Further, the report states that solar pumps have high initial investment and negligible maintenance cost compared to diesel pumps. Diesel pumps involve recurring service and maintenance costs with little initial capital requirement. The high initial cost of solar pumps makes them unaffordable to farmers.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
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- Bright Solar
- LORENTZ
- Shakti Pumps
- SunEdison
- Tata Power Solar
- Conergy
- CRI Group
- Dankoff Solar
- Flowserve
- Greenmax Technology
- Grundfos
- Jain Irrigation Systems
- USL.
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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