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Solar Water Pump Systems Global Market Report 2022

Published: Pre-Order | The Business Research Company | 175 Pages | Delivery time: 2-10 business days

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Solar Water Pump Systems Global Market Report 2022
Published: Pre-Order
The Business Research Company
Content info: 175 Pages
Delivery time: 2-10 business days
  • Description
  • Table of Contents

“Solar Water Pump Systems Global Market Report 2022” from The Business Research Company provides the strategists, marketers and senior management with the critical information they need to assess the global solar water pump systems market.

This report focuses on solar water pump systems market which is experiencing strong growth. The report gives a guide to the solar water pump systems market which will be shaping and changing our lives over the next ten years and beyond, including the markets response to the challenge of the global pandemic.

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 12+ geographies.
  • Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market research findings.
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  • Utilize the relationships between key data sets for superior strategizing.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis
  • Report will be updated with the latest data and delivered to you within 3-5 working days of order.

Where is the largest and fastest growing market for the solar water pump systems? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The Solar Water Pump Systems market global report” from The Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography. It places the market within the context of the wider solar water pump systems market, and compares it with other markets.

  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, the influence of the COVID-19 virus and forecasting its growth.
  • Market segmentations break down market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
  • The solar water pump systems market section of the report gives context. It compares the solar water pump systems market with other segments of the solar water pump systems market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, solar water pump systems indicators comparison.

Scope

Markets Covered:

  • 1) By Type: Surface Pump; Submersible Pump; Other Pump Types
  • 2) By Power Rating: Below 3HP; 3HP to 10 HP ; Above 10 HP;
  • 3) By Drive Type: AC Motor Powered Solar Water Pumps; DC Motor Powered Solar Water Pumps
  • 4) By End-User: Agriculture; Residential; Commercial; Industrial
  • Companies Mentioned: Bright Solar Limited; C.R.I. Pumps Private Limited; Lorentz; Shakti Pumps (India) Ltd.; Tata Power Company Limited
  • Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA
  • Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
  • Time series: Five years historic and ten years forecast.
  • Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
  • Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
  • Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Executive Summary

Major players in the solar water pump systems market are: Bright Solar Limited, C.R.I. Pumps Private Limited, Lorentz, Shakti Pumps (India) Ltd, Tata Power Company Limited, Wenling Jintai Pump Factory Limited, Grundfos, Symtech Solar, Photon Solar, Urja Global Limited, Kavita Solar Energy Private Limited, Lubi Electronics, Samking Pump Company, Greenmax Technology, Aqua Group, and Vincent Solar Energy Company.

The global solar water pump systems market is expected to grow from $1.21 billion in 2021 to $1.35 billion in 2022 at a compound annual growth rate (CAGR) of 11.88%. The solar water pump systems market is expected to reach $2.06 billion in 2026 at a CAGR of 11.08%.

The solar water pump systems market consists of sales of solar water pump systems by entities (organizations, sole traders, partnerships) that refer to water pumps that run on electricity that is provided by one or several photovoltaic (PV) panels. Solar energy is converted into electricity by the photovoltaic array, which is used to run the motor pump set to draw water from an open well, a bore well, a stream, a pond, or a canal. Solar water pump systems are used for the water supply for irrigating crops, watering livestock, or providing potable drinking water.

The main types of solar water pump systems include surface pumps, submersible pumps, and other pump types. The solar surface pump systems refer to the pumps designed to pump water from the surface of water bodies like ponds, tanks, shallow wells, and springs. The power ratings of solar water pump systems include below 3HP, 3HP to 10HP, and above 10HP, and the different drive types of these systems includes AC motor powered solar water pumps and DC motor powered solar water pumps. These water pumps are used in agriculture, residential, commercial and industrial end-users.

Asia Pacific was the largest region in the solar water pump system market in 2021, and it is also expected to be the fastest-growing region in the forecast period. The regions covered in the solar water pump system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The favourable government incentives for installing solar water pumps are driving the growth of the solar water pump systems market. The governments across the globe are promoting initiatives to focus on solar water pumps due to the rise in the price of diesel and the instability of electricity. The incentives or subsidies by governments to purchase solar powered water pumps is focused on reducing dependence on other forms of electricity and also reduce operational cost over the long run. For instance, in 2019, the Government of India launched the PM-KUSUM (Pradhan Mantri Kisan Urja Suraksha Utthan Mahabhiyan) scheme, an initiative to assist the installation of off-grid solar pumps on village land (rural areas), reducing their reliance on the grid. Under this scheme, 60% of the total installation cost is subsidized by the government. Therefore, the favourable government incentives for installing solar water pumps are propelling the growth of the solar water pump systems market.

Technological advancement is a key trend gaining popularity in the solar water pump systems market. The companies operating in the solar water pump systems market are developing innovative technologies to increase the operational efficiency of solar panels and water pump systems. For instance, in April 2022, Shakthi Pumps Limited, an India-based developer of water pumps and motors, received a patent for a unidirectional solar water pump with a grid-tied power generation system. The new technology ensures efficient performance by utilizing panels and generating extra power to feed the grid.

In August 2020, Tata Power Company Limited, an Indian electric utility company announced its plan to merge its three wholly-owned subsidiaries including Coastal Gujarat Power Ltd (CGPL), Tata Power Solar Systems (TPSSL), and Af-Taab Investment Company (Af-Taab). This is part of its strategic initiative to simplify the group holding structure and set the company for future growth. The merger will also help the subsidiary companies in getting corporate support and efficient use of cash. Coastal Gujarat Power Ltd (CGPL) is an Indian company that runs a 4150-megawatt supercritical coal-fired power plant located near the port city of Mundra in India's Gujarat state. Tata Power Solar Systems (TPSSL) is an Indian company that specializes in solar energy services and also offers solar modules, solar cells, and other solar products such as solar water pumps. Af-Taab Investment Company (Af-Taab) is an Indian financial services firm.

The countries covered in the solar water pump systems market report are: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Product Code: h1780

Table of Contents

1. Executive Summary

2. Solar Water Pump Systems Market Characteristics

3. Solar Water Pump Systems Market Trends And Strategies

4. Impact Of COVID-19 On Solar Water Pump Systems

5. Solar Water Pump Systems Market Size And Growth

  • 5.1. Global Solar Water Pump Systems Historic Market, 2016-2021, $ Billion
    • 5.1.1. Drivers Of The Market
    • 5.1.2. Restraints On The Market
  • 5.2. Global Solar Water Pump Systems Forecast Market, 2021-2026F, 2031F, $ Billion
    • 5.2.1. Drivers Of The Market
    • 5.2.2. Restraints On the Market

6. Solar Water Pump Systems Market Segmentation

  • 6.1. Global Solar Water Pump Systems Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Surface Pump
  • Submersible Pump
  • Other Pump Types
  • 6.2. Global Solar Water Pump Systems Market, Segmentation By Power Rating , Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Below 3HP
  • 3HP to 10 HP
  • Above 10 HP
  • 6.3. Global Solar Water Pump Systems Market, Segmentation By Drive Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • AC Motor Powered Solar Water Pumps
  • DC Motor Powered Solar Water Pumps
  • 6.4. Global Solar Water Pump Systems Market, Segmentation By End-User , Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Agriculture
  • Residential
  • Commercial
  • Industrial

7. Solar Water Pump Systems Market Regional And Country Analysis

  • 7.1. Global Solar Water Pump Systems Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 7.2. Global Solar Water Pump Systems Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

8. Asia-Pacific Solar Water Pump Systems Market

  • 8.1. Asia-Pacific Solar Water Pump Systems Market Overview
  • Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
  • 8.2. Asia-Pacific Solar Water Pump Systems Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 8.3. Asia-Pacific Solar Water Pump Systems Market, Segmentation By End-User , Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

9. China Solar Water Pump Systems Market

  • 9.1. China Solar Water Pump Systems Market Overview
  • 9.2. China Solar Water Pump Systems Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F,$ Billion
  • 9.3. China Solar Water Pump Systems Market, Segmentation By End-User , Historic and Forecast, 2016-2021, 2021-2026F, 2031F,$ Billion

10. India Solar Water Pump Systems Market

  • 10.1. India Solar Water Pump Systems Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 10.2. India Solar Water Pump Systems Market, Segmentation By End-User , Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

11. Japan Solar Water Pump Systems Market

  • 11.1. Japan Solar Water Pump Systems Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 11.2. Japan Solar Water Pump Systems Market, Segmentation By End-User , Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

12. Australia Solar Water Pump Systems Market

  • 12.1. Australia Solar Water Pump Systems Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 12.2. Australia Solar Water Pump Systems Market, Segmentation By End-User , Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

13. Indonesia Solar Water Pump Systems Market

  • 13.1. Indonesia Solar Water Pump Systems Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 13.2. Indonesia Solar Water Pump Systems Market, Segmentation By End-User , Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

14. South Korea Solar Water Pump Systems Market

  • 14.1. South Korea Solar Water Pump Systems Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 14.2. South Korea Solar Water Pump Systems Market, Segmentation By End-User , Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

15. Western Europe Solar Water Pump Systems Market

  • 15.1. Western Europe Solar Water Pump Systems Market Overview
  • 15.2. Western Europe Solar Water Pump Systems Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 15.3. Western Europe Solar Water Pump Systems Market, Segmentation By End-User , Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

16. UK Solar Water Pump Systems Market

  • 16.1. UK Solar Water Pump Systems Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 16.2. UK Solar Water Pump Systems Market, Segmentation By End-User , Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

17. Germany Solar Water Pump Systems Market

  • 17.1. Germany Solar Water Pump Systems Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 17.2. Germany Solar Water Pump Systems Market, Segmentation By End-User , Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

18. France Solar Water Pump Systems Market

  • 18.4. France Solar Water Pump Systems Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 18.5. France Solar Water Pump Systems Market, Segmentation By End-User , Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

19. Eastern Europe Solar Water Pump Systems Market

  • 19.1. Eastern Europe Solar Water Pump Systems Market Overview
  • 19.2. Eastern Europe Solar Water Pump Systems Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 19.3. Eastern Europe Solar Water Pump Systems Market, Segmentation By End-User , Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

20. Russia Solar Water Pump Systems Market

  • 20.1. Russia Solar Water Pump Systems Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 20.2. Russia Solar Water Pump Systems Market, Segmentation By End-User , Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

21. North America Solar Water Pump Systems Market

  • 21.1. North America Solar Water Pump Systems Market Overview
  • 21.2. North America Solar Water Pump Systems Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 21.3. North America Solar Water Pump Systems Market, Segmentation By End-User , Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

22. USA Solar Water Pump Systems Market

  • 22.1. USA Solar Water Pump Systems Market Overview
  • 22.2. USA Solar Water Pump Systems Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 22.3. USA Solar Water Pump Systems Market, Segmentation By End-User , Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

23. South America Solar Water Pump Systems Market

  • 23.1. South America Solar Water Pump Systems Market Overview
  • 23.2. South America Solar Water Pump Systems Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 23.3. South America Solar Water Pump Systems Market, Segmentation By End-User , Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

24. Brazil Solar Water Pump Systems Market

  • 24.1. Brazil Solar Water Pump Systems Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 24.2. Brazil Solar Water Pump Systems Market, Segmentation By End-User , Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

25. Middle East Solar Water Pump Systems Market

  • 25.1. Middle East Solar Water Pump Systems Market Overview
  • 25.2. Middle East Solar Water Pump Systems Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 25.3. Middle East Solar Water Pump Systems Market, Segmentation By End-User , Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

26. Africa Solar Water Pump Systems Market

  • 26.1. Africa Solar Water Pump Systems Market Overview
  • 26.2. Africa Solar Water Pump Systems Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • 26.3. Africa Solar Water Pump Systems Market, Segmentation By End-User , Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

27. Solar Water Pump Systems Market Competitive Landscape And Company Profiles

  • 27.1. Solar Water Pump Systems Market Competitive Landscape
  • 27.2. Solar Water Pump Systems Market Company Profiles
    • 27.2.1. Bright Solar Limited
      • 27.2.1.1. Overview
      • 27.2.1.2. Products and Services
      • 27.2.1.3. Strategy
      • 27.2.1.4. Financial Performance
    • 27.2.2. C.R.I. Pumps Private Limited
      • 27.2.2.1. Overview
      • 27.2.2.2. Products and Services
      • 27.2.2.3. Strategy
      • 27.2.2.4. Financial Performance
    • 27.2.3. Lorentz
      • 27.2.3.1. Overview
      • 27.2.3.2. Products and Services
      • 27.2.3.3. Strategy
      • 27.2.3.4. Financial Performance
    • 27.2.4. Shakti Pumps (India) Ltd
      • 27.2.4.1. Overview
      • 27.2.4.2. Products and Services
      • 27.2.4.3. Strategy
      • 27.2.4.4. Financial Performance
    • 27.2.5. Tata Power Company Limited
      • 27.2.5.1. Overview
      • 27.2.5.2. Products and Services
      • 27.2.5.3. Strategy
      • 27.2.5.4. Financial Performance

28. Key Mergers And Acquisitions In The Solar Water Pump Systems Market

29. Solar Water Pump Systems Market Future Outlook and Potential Analysis

30. Appendix

  • 30.1. Abbreviations
  • 30.2. Currencies
  • 30.3. Research Inquiries
  • 30.4. The Business Research Company
  • 30.5. Copyright And Disclaimer