Solar Pump Market Overview by Recent Opportunities, Growth Size, Regional Analysis, Industry Trends, Market Size, Competitive Analysis and Forecast – 2022 to 2028
Solar Pump Market was valued at USD 772.28 million in 2021 and is expected to grow at a CAGR of 5% between 2022 and 2028. The submersible pump segment, designed to pump water from deeper wells where surface pumps are not available, is expected to be the largest segment during the forecast period. The Energy Grand Challenge Development Program announced a total of 13 projects in 9 countries, 7 of which were concentrated in Africa. The program is intended to promote the use of renewable energy in agriculture, focusing on solar water pumps, thus creating opportunities for the market.
Top Major Key Players Industries
● Solar Power and Pump
● Tata Power Solar
● Grundfos
● JISL
● CRI Group
● Lorentz
● Shakti Pumps
● Symtech Solar
● Dankoff Solar
● Greenmax
● JNTech
● ADA
● Hanergy
● MNE
By Pump Type
Surface Pump
Submersible Pump
Others
By Application
Agriculture
Drinking Water Supply
Others
Scope of the Report
The research study analyzes the global Solar Pump industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size andor Volume
o Latin America Market Size andor Volume
o Europe Market Size andor Volume
o Asia-Pacific Market Size andor Volume
o Rest of the world Market Size andor Volume
Key Questions Answered by Solar Pump Market Report
What was the Solar Pump Market size in 2018 and 2022; what are the estimated growth trends and market forecast (2022-2028).
What will be the CAGR of Solar Pump Market during the forecast period (2022-2028)
Which segments (product type or applications or end-user) were most attractive for investments in 2018 How these segments are expected to grow during the forecast period (2022-2028).
Which manufacturer vendor or players in the Solar Pump Market was the market leader in 2022
Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market ?
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