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Africa Solar Pumps Market By Type (Submersible & Surface), By Capacity (Below 5 HP; 5 HP; 5-8 HP & Above 8 HP), By Application (Irrigation, Drinking Water, Industrial & Others), By Country, Competition, Forecast & Opportunities, 2024

  • ID: 4804148
  • Report
  • Region: Africa
  • 116 pages
  • TechSci Research
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Africa Solar Water Pump Market was Valued at $ 6.6 Million in 2018 and is Projected to Grow at a CAGR of Around 19% by 2024.

FEATURED COMPANIES

  • Cedar Solar
  • CRI Pumps
  • Franklin Electric Pumps
  • Grundfos
  • Lorentz
  • MORE

The African solar water pump market was valued at $ 6.6 million in 2018 and is projected to grow at a CAGR of around 19% to reach $ 18 million by 2024. The country registered substantial growth in terms of number of new installations, predominantly attributed to decreasing prices of PV panels and government subsidy over the past few years. A solar-powered pump is a pump running on electricity generated by photovoltaic panels or the radiated thermal energy available from collected sunlight as opposed to grid electricity or diesel run water pumps. Easy finance by NGOs and government banks is boosting the confidence of small-scale farmers, which is further propelling growth in the African solar water pump market.

In terms of type, the African solar pumps market is categorized into submersible and surface. During the forecast period, lower capacity submersible pumps are anticipated to account for majority of the market share on the back of increasing diesel price and poor availability of grid electricity in the agriculture fields.

Based on countries, the African solar pumps market is categorized into Morocco; Ethiopia; Kenya; South Africa and Egypt. In Morocco, NAMA program supports new installation of solar water pumps in agriculture fields owing to which the country’s solar pump market is anticipated to grow at a swift rate during the forecast period. The key players in the African solar pumps market are CRI Pumps, Grundfos, Cedar Solar, Lorentz, Franklin Electric Pumps, Sun Culture, among others.

Years considered for this report:

  • Historical Years: 2014-2017
  • Base Year: 2018
  • Estimated Year: 2019
  • Forecast Period: 2020–2024

Objective of the Study:

  • To analyze and forecast the market size of the African solar pumps market
  • To forecast the African solar pumps market based on type, capacity, application, and country
  • To identify drivers and challenges for the African solar pumps market
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the African solar pumps market
  • To conduct pricing analysis for the African solar pumps market
  • To identify and analyze the profile of leading players in the African solar pumps market

Some of the leading players in the African solar pumps market are CRI Pumps, Grundfos, Cedar Solar, Lorentz, Franklin Electric Pumps, Sun Culture, etc.
The author performed both primary as well as exhaustive secondary research for this study. Initially, they sourced a list of solar pump manufacturers across the region. Subsequently, conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, they could include the suppliers which could not be identified due to the limitations of secondary research. They analyzed the product offerings, distribution channels and presence of all major solar pump manufacturers across the region.

The author calculated the African solar pumps market size by using a bottom-up approach, wherein data for various end-user industries and its application across various product types were recorded and forecast for the future years. they sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company website, news articles, press releases, company annual reports, investor presentations and financial reports were also studied.

Key Target Audience:

  • Solar pump manufacturers
  • Solar pump suppliers, distributors and other stakeholders
  • Solar pump end-user industries
  • Organizations, forums and alliances related to solar pumps market
  • Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, end-users etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, the African solar pumps market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

Market, By Type

  • Submersible
  • Surface

Market, By Capacity

  • Below 5 HP
  • 5-8 HP
  • Above 5 HP

Market, By Application

  • Irrigation
  • Drinking Water
  • Industrial
  • Others

Market, By Country:

  • Morocco
  • Ethiopia
  • Kenya
  • South Africa
  • Egypt

Competitive Landscape

  • Company Profiles: Detailed analysis of the major companies present in the African solar pumps market.

Available Customizations:
With the given market data, the author offers customizations according to a company’s specific needs. Please contact the customer service team for more enquires

Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Cedar Solar
  • CRI Pumps
  • Franklin Electric Pumps
  • Grundfos
  • Lorentz
  • MORE
1. Product Overview

2. Research Methodology

3. Executive Summary

4. Voice of Customer
4.1. Factors considered while selecting a supplier
4.2. Product awareness and applicability & usage analysis
4.3. Challenges/issues faced post purchase
4.4. Unmet needs

5. Africa Solar Pumps Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value & Volume
5.2. Market Share & Forecast
5.2.1. By Type (Submersible; Surface)
5.2.2. By Capacity (Below 5 HP; 5-8 HP, Above 8 HP)
5.2.3. By Application (Irrigation, Drinking Water, Industrial, Others)
5.2.4. By Country (Morocco; Ethiopia; Kenya; South Africa; Egypt)
5.2.5. By Company (2018)
5.3. Market Attractive Index (By Type; By Capacity; By Application; By Country)

6. Morocco Solar Pumps Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Type
6.2.2. By Capacity
6.2.3. By Application
6.2.4. By Company

7. Ethiopia Solar Pumps Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Type
7.2.2. By Capacity
7.2.3. By Application
7.2.4. By Company

8. Kenya Solar Pumps Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Type
8.2.2. By Capacity
8.2.3. By Application
8.2.4. By Company

9. South Africa Solar Pumps Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value
9.2. Market Share & Forecast
9.2.1. By Type
9.2.2. By Capacity
9.2.3. By Application
9.2.4. By Company

10. Egypt Solar Pumps Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value
10.2. Market Share & Forecast
10.2.1. By Type
10.2.2. By Capacity
10.2.3. By Application
10.2.4. By Company

11. Market Dynamics
11.1. Drivers
11.2. Challenges

12. Market Trends & Developments

13. Competitive Landscape
13.1. Competition Outlook
13.2. Company Profiles
14.3.1 Basic Details
14.3.2 Financials (As reported)
14.3.3 Supply Chain Analysis
14.3.4 Key Market Focus and Geographical Presence
14.3.5 Planned Investments
14.3.6 Pricing of Target Products
14.3.7 Market positioning
13.3. Africa Players Profiled (Top 5 Leading Companies)
13.3.1. Grundfos
13.3.2. CRI Pumps
13.3.3. Cedar Solar
13.3.4. Lorentz
13.3.5. Franklin Electric Pumps

14. Strategic Recommendations

List of Figures
Figure 1: Africa Solar Pump Market Size, By Value (USD Million), 2014-2024F
Figure 2: Africa Solar Pump Market Size, By Volume (Units), 2014-2024F
Figure 3: Africa Solar Pump Market Share, By Type (By Value), 2014-2024F
Figure 4: Africa Solar Pump Market Share, By Capacity (By Value), 2014-2024F
Figure 5: Africa Solar Pump Market Share, By Application (By Value), 2014-2024F
Figure 6: Africa Solar Pump Market Share, By Country (By Value), 2014-2024F
Figure 7: Africa Solar Pump Market Share, By Company (By Value), 2014-2024F
Figure 8: Arica Solar Pump Market Attractiveness Index, By Type, By Value, 2014-2024F
Figure 9: Africa Solar Pump Market Attractiveness Index, By Capacity, By Value, 2014-2024F
Figure 10: Africa Solar Pump Market Attractiveness Index, By Application, By Value, 2014-2024F
Figure 11: Africa Solar Pump Market Attractiveness Index, By Country, By Value, 2014-2024F Figure 12: Morocco Solar Pump Market Size, By Value, 2014-2024F
Figure 13: Morocco Solar Pump Market Size, By Type, 2014-2024F
Figure 14: Morocco Solar Pump Market Size, By Capacity, 2014-2024F
Figure 15: Morocco Solar Pump Market Size, By Application, 2014-2024F
Figure 16: Ethiopia Solar Pump Market Size, By Value, 2014-2024F
Figure 17: Ethiopia Solar Pump Market Size, By Type, 2014-2024F
Figure 18: Ethiopia Solar Pump Market Size, By Capacity, 2014-2024F
Figure 19: Ethiopia Solar Pump Market Size, By Application, 2014-2024F
Figure 20: Kenya Solar Pump Market Size, By Value, 2014-2024F
Figure 21: Kenya Solar Pump Market Size, By Type, 2014-2024F
Figure 22: Kenya Solar Pump Market Size, By Capacity, 2014-2024F
Figure 23: Kenya Solar Pump Market Size, By Application, 2014-2024F
Figure 24: South Africa Solar Pump Market Size, By Value, 2014-2024F
Figure 25: South Africa Solar Pump Market Size, By Type, 2014-2024F
Figure 26: South Africa Solar Pump Market Size, By Capacity, 2014-2024F
Figure 27: South Africa Solar Pump Market Size, By Application, 2014-2024F
Figure 28: Egypt Solar Pump Market Size, By Value, 2014-2024F
Figure 29: Egypt Solar Pump Market Size, By Type, 2014-2024F
Figure 30: Egypt Solar Pump Market Size, By Capacity, 2014-2024F
Figure 31: Egypt Solar Pump Market Size, By Application, 2014-2024F
Note: Product cover images may vary from those shown
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  • Grundfos
  • CRI Pumps
  • Cedar Solar
  • Lorentz
  • Franklin Electric Pumps
Note: Product cover images may vary from those shown
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