The global PV Pumping System market size was valued at USD 2627.9 million in 2023 and is forecast to a readjusted size of USD 4085.8 million by 2030 with a CAGR of 6.5% during review period.
PV pumps can replace the current pump systems and result in both socio-economic benefits as well as climate related benefits.
The market for these devices will grow due to growing interest in reducing carbon emissions and widespread adoption of renewable energy equipment. Low operating costs and depletion of fossil fuel supplies are two major reasons driving the expansion of the solar pump industry. Increased government subsidies to farmers and manufacturers and adoption of stringent rules to reduce carbon footprint will increase product penetration over the expected period. Solar pumps will be in high demand due to energy scarcity, high dependence on rainfall and logistical difficulties in delivering fuel to remote areas.
This report includes an overview of the development of the PV Pumping System industry chain, the market status of Agriculture (Submersible, Surface Pumps), Drinking Water (Submersible, Surface Pumps), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of PV Pumping System.
Regionally, the report analyzes the PV Pumping System markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global PV Pumping System market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the PV Pumping System market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the PV Pumping System industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., Submersible, Surface Pumps).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the PV Pumping System market.
Regional Analysis: The report involves examining the PV Pumping System market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the PV Pumping System market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to PV Pumping System:
Company Analysis: Report covers individual PV Pumping System manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards PV Pumping System This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Agriculture, Drinking Water).
Technology Analysis: Report covers specific technologies relevant to PV Pumping System. It assesses the current state, advancements, and potential future developments in PV Pumping System areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the PV Pumping System market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
PV Pumping System market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Submersible
Surface Pumps
Market segment by Application
Agriculture
Drinking Water
Others
Major players covered
JNTech
JISL
Tata Power Solar
Grundfos
Lorentz
CRI Group
Shakti Pumps
Bright Solar
ADA
Hanergy
Symtech Solar
Dankoff Solar
Solar Power & Pump
MNE
Greenmax Tech
Waaree Energies Ltd
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe PV Pumping System product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of PV Pumping System, with price, sales, revenue and global market share of PV Pumping System from 2019 to 2024.
Chapter 3, the PV Pumping System competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the PV Pumping System breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and PV Pumping System market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of PV Pumping System.
Chapter 14 and 15, to describe PV Pumping System sales channel, distributors, customers, research findings and conclusion.
Please Note - This is an on demand report and will be delivered in 2 business days (48 Hours) post payment.
1 Market Overview
1.1 Product Overview and Scope of PV Pumping System
1.2 Market Estimation Caveats and Base Year
1.3 Market Analysis by Type
1.3.1 Overview: Global PV Pumping System Consumption Value by Type: 2019 Versus 2023 Versus 2030
1.3.2 Submersible
1.3.3 Surface Pumps
1.4 Market Analysis by Application
1.4.1 Overview: Global PV Pumping System Consumption Value by Application: 2019 Versus 2023 Versus 2030
1.4.2 Agriculture
1.4.3 Drinking Water
1.4.4 Others
1.5 Global PV Pumping System Market Size & Forecast
1.5.1 Global PV Pumping System Consumption Value (2019 & 2023 & 2030)
1.5.2 Global PV Pumping System Sales Quantity (2019-2030)
1.5.3 Global PV Pumping System Average Price (2019-2030)
2 Manufacturers Profiles
2.1 JNTech
2.1.1 JNTech Details
2.1.2 JNTech Major Business
2.1.3 JNTech PV Pumping System Product and Services
2.1.4 JNTech PV Pumping System Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.1.5 JNTech Recent Developments/Updates
2.2 JISL
2.2.1 JISL Details
2.2.2 JISL Major Business
2.2.3 JISL PV Pumping System Product and Services
2.2.4 JISL PV Pumping System Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.2.5 JISL Recent Developments/Updates
2.3 Tata Power Solar
2.3.1 Tata Power Solar Details
2.3.2 Tata Power Solar Major Business
2.3.3 Tata Power Solar PV Pumping System Product and Services
2.3.4 Tata Power Solar PV Pumping System Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.3.5 Tata Power Solar Recent Developments/Updates
2.4 Grundfos
2.4.1 Grundfos Details
2.4.2 Grundfos Major Business
2.4.3 Grundfos PV Pumping System Product and Services
2.4.4 Grundfos PV Pumping System Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.4.5 Grundfos Recent Developments/Updates
2.5 Lorentz
2.5.1 Lorentz Details
2.5.2 Lorentz Major Business
2.5.3 Lorentz PV Pumping System Product and Services
2.5.4 Lorentz PV Pumping System Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.5.5 Lorentz Recent Developments/Updates
2.6 CRI Group
2.6.1 CRI Group Details
2.6.2 CRI Group Major Business
2.6.3 CRI Group PV Pumping System Product and Services
2.6.4 CRI Group PV Pumping System Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.6.5 CRI Group Recent Developments/Updates
2.7 Shakti Pumps
2.7.1 Shakti Pumps Details
2.7.2 Shakti Pumps Major Business
2.7.3 Shakti Pumps PV Pumping System Product and Services
2.7.4 Shakti Pumps PV Pumping System Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.7.5 Shakti Pumps Recent Developments/Updates
2.8 Bright Solar
2.8.1 Bright Solar Details
2.8.2 Bright Solar Major Business
2.8.3 Bright Solar PV Pumping System Product and Services
2.8.4 Bright Solar PV Pumping System Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.8.5 Bright Solar Recent Developments/Updates
2.9 ADA
2.9.1 ADA Details
2.9.2 ADA Major Business
2.9.3 ADA PV Pumping System Product and Services
2.9.4 ADA PV Pumping System Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.9.5 ADA Recent Developments/Updates
2.10 Hanergy
2.10.1 Hanergy Details
2.10.2 Hanergy Major Business
2.10.3 Hanergy PV Pumping System Product and Services
2.10.4 Hanergy PV Pumping System Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.10.5 Hanergy Recent Developments/Updates
2.11 Symtech Solar
2.11.1 Symtech Solar Details
2.11.2 Symtech Solar Major Business
2.11.3 Symtech Solar PV Pumping System Product and Services
2.11.4 Symtech Solar PV Pumping System Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.11.5 Symtech Solar Recent Developments/Updates
2.12 Dankoff Solar
2.12.1 Dankoff Solar Details
2.12.2 Dankoff Solar Major Business
2.12.3 Dankoff Solar PV Pumping System Product and Services
2.12.4 Dankoff Solar PV Pumping System Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.12.5 Dankoff Solar Recent Developments/Updates
2.13 Solar Power & Pump
2.13.1 Solar Power & Pump Details
2.13.2 Solar Power & Pump Major Business
2.13.3 Solar Power & Pump PV Pumping System Product and Services
2.13.4 Solar Power & Pump PV Pumping System Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.13.5 Solar Power & Pump Recent Developments/Updates
2.14 MNE
2.14.1 MNE Details
2.14.2 MNE Major Business
2.14.3 MNE PV Pumping System Product and Services
2.14.4 MNE PV Pumping System Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.14.5 MNE Recent Developments/Updates
2.15 Greenmax Tech
2.15.1 Greenmax Tech Details
2.15.2 Greenmax Tech Major Business
2.15.3 Greenmax Tech PV Pumping System Product and Services
2.15.4 Greenmax Tech PV Pumping System Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.15.5 Greenmax Tech Recent Developments/Updates
2.16 Waaree Energies Ltd
2.16.1 Waaree Energies Ltd Details
2.16.2 Waaree Energies Ltd Major Business
2.16.3 Waaree Energies Ltd PV Pumping System Product and Services
2.16.4 Waaree Energies Ltd PV Pumping System Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
2.16.5 Waaree Energies Ltd Recent Developments/Updates
3 Competitive Environment: PV Pumping System by Manufacturer
3.1 Global PV Pumping System Sales Quantity by Manufacturer (2019-2024)
3.2 Global PV Pumping System Revenue by Manufacturer (2019-2024)
3.3 Global PV Pumping System Average Price by Manufacturer (2019-2024)
3.4 Market Share Analysis (2023)
3.4.1 Producer Shipments of PV Pumping System by Manufacturer Revenue ($MM) and Market Share (%): 2023
3.4.2 Top 3 PV Pumping System Manufacturer Market Share in 2023
3.4.2 Top 6 PV Pumping System Manufacturer Market Share in 2023
3.5 PV Pumping System Market: Overall Company Footprint Analysis
3.5.1 PV Pumping System Market: Region Footprint
3.5.2 PV Pumping System Market: Company Product Type Footprint
3.5.3 PV Pumping System Market: Company Product Application Footprint
3.6 New Market Entrants and Barriers to Market Entry
3.7 Mergers, Acquisition, Agreements, and Collaborations
4 Consumption Analysis by Region
4.1 Global PV Pumping System Market Size by Region
4.1.1 Global PV Pumping System Sales Quantity by Region (2019-2030)
4.1.2 Global PV Pumping System Consumption Value by Region (2019-2030)
4.1.3 Global PV Pumping System Average Price by Region (2019-2030)
4.2 North America PV Pumping System Consumption Value (2019-2030)
4.3 Europe PV Pumping System Consumption Value (2019-2030)
4.4 Asia-Pacific PV Pumping System Consumption Value (2019-2030)
4.5 South America PV Pumping System Consumption Value (2019-2030)
4.6 Middle East and Africa PV Pumping System Consumption Value (2019-2030)
5 Market Segment by Type
5.1 Global PV Pumping System Sales Quantity by Type (2019-2030)
5.2 Global PV Pumping System Consumption Value by Type (2019-2030)
5.3 Global PV Pumping System Average Price by Type (2019-2030)
6 Market Segment by Application
6.1 Global PV Pumping System Sales Quantity by Application (2019-2030)
6.2 Global PV Pumping System Consumption Value by Application (2019-2030)
6.3 Global PV Pumping System Average Price by Application (2019-2030)
7 North America
7.1 North America PV Pumping System Sales Quantity by Type (2019-2030)
7.2 North America PV Pumping System Sales Quantity by Application (2019-2030)
7.3 North America PV Pumping System Market Size by Country
7.3.1 North America PV Pumping System Sales Quantity by Country (2019-2030)
7.3.2 North America PV Pumping System Consumption Value by Country (2019-2030)
7.3.3 United States Market Size and Forecast (2019-2030)
7.3.4 Canada Market Size and Forecast (2019-2030)
7.3.5 Mexico Market Size and Forecast (2019-2030)
8 Europe
8.1 Europe PV Pumping System Sales Quantity by Type (2019-2030)
8.2 Europe PV Pumping System Sales Quantity by Application (2019-2030)
8.3 Europe PV Pumping System Market Size by Country
8.3.1 Europe PV Pumping System Sales Quantity by Country (2019-2030)
8.3.2 Europe PV Pumping System Consumption Value by Country (2019-2030)
8.3.3 Germany Market Size and Forecast (2019-2030)
8.3.4 France Market Size and Forecast (2019-2030)
8.3.5 United Kingdom Market Size and Forecast (2019-2030)
8.3.6 Russia Market Size and Forecast (2019-2030)
8.3.7 Italy Market Size and Forecast (2019-2030)
9 Asia-Pacific
9.1 Asia-Pacific PV Pumping System Sales Quantity by Type (2019-2030)
9.2 Asia-Pacific PV Pumping System Sales Quantity by Application (2019-2030)
9.3 Asia-Pacific PV Pumping System Market Size by Region
9.3.1 Asia-Pacific PV Pumping System Sales Quantity by Region (2019-2030)
9.3.2 Asia-Pacific PV Pumping System Consumption Value by Region (2019-2030)
9.3.3 China Market Size and Forecast (2019-2030)
9.3.4 Japan Market Size and Forecast (2019-2030)
9.3.5 Korea Market Size and Forecast (2019-2030)
9.3.6 India Market Size and Forecast (2019-2030)
9.3.7 Southeast Asia Market Size and Forecast (2019-2030)
9.3.8 Australia Market Size and Forecast (2019-2030)
10 South America
10.1 South America PV Pumping System Sales Quantity by Type (2019-2030)
10.2 South America PV Pumping System Sales Quantity by Application (2019-2030)
10.3 South America PV Pumping System Market Size by Country
10.3.1 South America PV Pumping System Sales Quantity by Country (2019-2030)
10.3.2 South America PV Pumping System Consumption Value by Country (2019-2030)
10.3.3 Brazil Market Size and Forecast (2019-2030)
10.3.4 Argentina Market Size and Forecast (2019-2030)
11 Middle East & Africa
11.1 Middle East & Africa PV Pumping System Sales Quantity by Type (2019-2030)
11.2 Middle East & Africa PV Pumping System Sales Quantity by Application (2019-2030)
11.3 Middle East & Africa PV Pumping System Market Size by Country
11.3.1 Middle East & Africa PV Pumping System Sales Quantity by Country (2019-2030)
11.3.2 Middle East & Africa PV Pumping System Consumption Value by Country (2019-2030)
11.3.3 Turkey Market Size and Forecast (2019-2030)
11.3.4 Egypt Market Size and Forecast (2019-2030)
11.3.5 Saudi Arabia Market Size and Forecast (2019-2030)
11.3.6 South Africa Market Size and Forecast (2019-2030)
12 Market Dynamics
12.1 PV Pumping System Market Drivers
12.2 PV Pumping System Market Restraints
12.3 PV Pumping System Trends Analysis
12.4 Porters Five Forces Analysis
12.4.1 Threat of New Entrants
12.4.2 Bargaining Power of Suppliers
12.4.3 Bargaining Power of Buyers
12.4.4 Threat of Substitutes
12.4.5 Competitive Rivalry
13 Raw Material and Industry Chain
13.1 Raw Material of PV Pumping System and Key Manufacturers
13.2 Manufacturing Costs Percentage of PV Pumping System
13.3 PV Pumping System Production Process
13.4 PV Pumping System Industrial Chain
14 Shipments by Distribution Channel
14.1 Sales Channel
14.1.1 Direct to End-User
14.1.2 Distributors
14.2 PV Pumping System Typical Distributors
14.3 PV Pumping System Typical Customers
15 Research Findings and Conclusion
16 Appendix
16.1 Methodology
16.2 Research Process and Data Source
16.3 Disclaimer
JNTech
JISL
Tata Power Solar
Grundfos
Lorentz
CRI Group
Shakti Pumps
Bright Solar
ADA
Hanergy
Symtech Solar
Dankoff Solar
Solar Power & Pump
MNE
Greenmax Tech
Waaree Energies Ltd
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*If Applicable.