The global solar water pump market is expected to grow at a considerable CAGR of 5.8% during the forecast period (2023-2029). Solar Water Pump Market research report allows making important decision making essential for business growth. It helps key participants further in applying right business ideas to grow business and choose the right business doing strategy. Having complete understanding of what purchasers are looking for in the market and which factors can influence their purchasing decision greatly helps to make investment in the right product development and launch it accordingly. It is also crucial for major participants to understand the behavior of target customers to bring novel products into the market. This Solar Water Pump Market report serves as a blueprint to get thorough study of market competition, target audience and entire market.
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The global solar water pump market is analyzed based on the geographical regions that are contributing significantly towards the growth of the market. Based on the geography, the market is fragmented into North America, Europe, Asia Pacific, and the Rest of the World. Asia-Pacific is estimated to be one of the major markets for the solar water pump. China and India are the two leading countries in the region owing to favorable government initiatives and policies. For instance, under the PM Kusum scheme, the Central Government of India is giving a 30% subsidy. Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) scheme was initiated by the Government of India to increase the income of farmers and provide sources for irrigation and de-dieselize the farm sector.
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Global Solar Water Pump Market by Type
- Surface Water Pumps
- Submersible Water Pumps
Global Solar Water Pump Market by Application
- Agriculture
- Water Supply
- Others
Global Solar Water Pump Market by End-User
- Small-Scale Based
- Large-Scale based
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- Alpex Solar Pvt. Ltd.
- Bright Solar Ltd.
- R.I. Pumps Private Ltd.
- Grundfos Pumps Corp.
- Jain Irrigation Systems Ltd.
- JJ PV Solar
- Kirloskar Brothers Ltd.
- LORENTZ
- Lubi Electronics
- Rainbow Power Company Ltd.
- Shakti Pumps (India) Ltd.
- Span Pumps Pvt Ltd.
- SunEdison, Inc.
- Tata Power Solar Systems Ltd.
- Topsun Energy Ltd.
- Udhaya Semiconductors Ltd.
- Waaree Energies Ltd.
- Symtech Solar Group.
The Report Covers
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global solar water pump market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where in the market.
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