The global Solar-powered Pump market size was valued at US$ 780 million in 2023. With growing demand in downstream market, the Solar-powered Pump is forecast to a readjusted size of US$ 1661.9 million by 2030 with a CAGR of 11.4% during review period.
The research report highlights the growth potential of the global Solar-powered Pump market. Solar-powered Pump are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Solar-powered Pump. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Solar-powered Pump market.
China has implemented the Renewable Energy Law since 2006, in which Article 4 clearly states that, the State gives first priority to the exploration of renewable energy. Over the years, various departments of the Chinese government have successively issued a large number of policies, covering production, sales, taxation, subsidies and other aspects. After setting the carbon neutrality goal in 2021, from a national perspective, the upgrading of the energy structure is ever imperative, and therefore the optoelectronic industry has great potential. The European Commission released the Net-Zero Industry Act in 2023. This bill aims to stimulate local manufacturing in Europe, reduce import dependence on China, and ensure that at least 40% of the EU's clean energy demand can be met by 2030. The EU targets an installed solar capacity of 600 GW. Overall, the European market still has a lot of room for development. US 2022 release of the Inflation Reduction Act, which includes $369 billion for energy security and climate change investments. For the photovoltaic industry, the bill stimulates its development from multiple aspects such as corporate and individual tax credits, production subsidies, and loans throughout the industry chain, and revitalizes the domestic manufacturing industry in the United States. Japanese authorities plan to make solar panels mandatory for new residential buildings in Tokyo from 2025 onwards. It is estimated that by 2030, photovoltaic power generation will account for 14%-16% of Japan's total power generation, and the cumulative installed capacity of photovoltaic systems will be about 117.238 GW.
Key Features:
The report on Solar-powered Pump market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Solar-powered Pump market. It may include historical data, market segmentation by Type (e.g., Submersible, Surface), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Solar-powered Pump market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Solar-powered Pump market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Solar-powered Pump industry. This include advancements in Solar-powered Pump technology, Solar-powered Pump new entrants, Solar-powered Pump new investment, and other innovations that are shaping the future of Solar-powered Pump.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Solar-powered Pump market. It includes factors influencing customer ' purchasing decisions, preferences for Solar-powered Pump product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Solar-powered Pump market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Solar-powered Pump market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Solar-powered Pump market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Solar-powered Pump industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Solar-powered Pump market.
Market Segmentation:
Solar-powered Pump 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.
Segmentation by type
Submersible
Surface
Segmentation by application
Irrigation
Drinking water
Industry
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Bright Solar
Lorentz
Shakti Pumps
SunEdison
Tata Power Solar
Conergy
CRI Group
Dankoff Solar
Flowserve
Greenmax Technology
Grundfos
Jain Irrigation Systems
USL
Alpex Solar
Topsun Energy Limited
Kirloskar Brothers Limited
Schnieder Electric
Bernt Lorentz GmbH & Co. KG
Waaree Energies Ltd
Zhejiang Taifu Pump Company Ltd
Key Questions Addressed in this Report
What is the 10-year outlook for the global Solar-powered Pump market?
What factors are driving Solar-powered Pump market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Solar-powered Pump market opportunities vary by end market size?
How does Solar-powered Pump break out type, application?
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1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Solar-powered Pump Annual Sales 2019-2030
2.1.2 World Current & Future Analysis for Solar-powered Pump by Geographic Region, 2019, 2023 & 2030
2.1.3 World Current & Future Analysis for Solar-powered Pump by Country/Region, 2019, 2023 & 2030
2.2 Solar-powered Pump Segment by Type
2.2.1 Submersible
2.2.2 Surface
2.3 Solar-powered Pump Sales by Type
2.3.1 Global Solar-powered Pump Sales Market Share by Type (2019-2024)
2.3.2 Global Solar-powered Pump Revenue and Market Share by Type (2019-2024)
2.3.3 Global Solar-powered Pump Sale Price by Type (2019-2024)
2.4 Solar-powered Pump Segment by Application
2.4.1 Irrigation
2.4.2 Drinking water
2.4.3 Industry
2.4.4 Others
2.5 Solar-powered Pump Sales by Application
2.5.1 Global Solar-powered Pump Sale Market Share by Application (2019-2024)
2.5.2 Global Solar-powered Pump Revenue and Market Share by Application (2019-2024)
2.5.3 Global Solar-powered Pump Sale Price by Application (2019-2024)
3 Global Solar-powered Pump by Company
3.1 Global Solar-powered Pump Breakdown Data by Company
3.1.1 Global Solar-powered Pump Annual Sales by Company (2019-2024)
3.1.2 Global Solar-powered Pump Sales Market Share by Company (2019-2024)
3.2 Global Solar-powered Pump Annual Revenue by Company (2019-2024)
3.2.1 Global Solar-powered Pump Revenue by Company (2019-2024)
3.2.2 Global Solar-powered Pump Revenue Market Share by Company (2019-2024)
3.3 Global Solar-powered Pump Sale Price by Company
3.4 Key Manufacturers Solar-powered Pump Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Solar-powered Pump Product Location Distribution
3.4.2 Players Solar-powered Pump Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2019-2024)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
4 World Historic Review for Solar-powered Pump by Geographic Region
4.1 World Historic Solar-powered Pump Market Size by Geographic Region (2019-2024)
4.1.1 Global Solar-powered Pump Annual Sales by Geographic Region (2019-2024)
4.1.2 Global Solar-powered Pump Annual Revenue by Geographic Region (2019-2024)
4.2 World Historic Solar-powered Pump Market Size by Country/Region (2019-2024)
4.2.1 Global Solar-powered Pump Annual Sales by Country/Region (2019-2024)
4.2.2 Global Solar-powered Pump Annual Revenue by Country/Region (2019-2024)
4.3 Americas Solar-powered Pump Sales Growth
4.4 APAC Solar-powered Pump Sales Growth
4.5 Europe Solar-powered Pump Sales Growth
4.6 Middle East & Africa Solar-powered Pump Sales Growth
5 Americas
5.1 Americas Solar-powered Pump Sales by Country
5.1.1 Americas Solar-powered Pump Sales by Country (2019-2024)
5.1.2 Americas Solar-powered Pump Revenue by Country (2019-2024)
5.2 Americas Solar-powered Pump Sales by Type
5.3 Americas Solar-powered Pump Sales by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Solar-powered Pump Sales by Region
6.1.1 APAC Solar-powered Pump Sales by Region (2019-2024)
6.1.2 APAC Solar-powered Pump Revenue by Region (2019-2024)
6.2 APAC Solar-powered Pump Sales by Type
6.3 APAC Solar-powered Pump Sales by Application
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Solar-powered Pump by Country
7.1.1 Europe Solar-powered Pump Sales by Country (2019-2024)
7.1.2 Europe Solar-powered Pump Revenue by Country (2019-2024)
7.2 Europe Solar-powered Pump Sales by Type
7.3 Europe Solar-powered Pump Sales by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Solar-powered Pump by Country
8.1.1 Middle East & Africa Solar-powered Pump Sales by Country (2019-2024)
8.1.2 Middle East & Africa Solar-powered Pump Revenue by Country (2019-2024)
8.2 Middle East & Africa Solar-powered Pump Sales by Type
8.3 Middle East & Africa Solar-powered Pump Sales by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Solar-powered Pump
10.3 Manufacturing Process Analysis of Solar-powered Pump
10.4 Industry Chain Structure of Solar-powered Pump
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Solar-powered Pump Distributors
11.3 Solar-powered Pump Customer
12 World Forecast Review for Solar-powered Pump by Geographic Region
12.1 Global Solar-powered Pump Market Size Forecast by Region
12.1.1 Global Solar-powered Pump Forecast by Region (2025-2030)
12.1.2 Global Solar-powered Pump Annual Revenue Forecast by Region (2025-2030)
12.2 Americas Forecast by Country
12.3 APAC Forecast by Region
12.4 Europe Forecast by Country
12.5 Middle East & Africa Forecast by Country
12.6 Global Solar-powered Pump Forecast by Type
12.7 Global Solar-powered Pump Forecast by Application
13 Key Players Analysis
13.1 Bright Solar
13.1.1 Bright Solar Company Information
13.1.2 Bright Solar Solar-powered Pump Product Portfolios and Specifications
13.1.3 Bright Solar Solar-powered Pump Sales, Revenue, Price and Gross Margin (2019-2024)
13.1.4 Bright Solar Main Business Overview
13.1.5 Bright Solar Latest Developments
13.2 Lorentz
13.2.1 Lorentz Company Information
13.2.2 Lorentz Solar-powered Pump Product Portfolios and Specifications
13.2.3 Lorentz Solar-powered Pump Sales, Revenue, Price and Gross Margin (2019-2024)
13.2.4 Lorentz Main Business Overview
13.2.5 Lorentz Latest Developments
13.3 Shakti Pumps
13.3.1 Shakti Pumps Company Information
13.3.2 Shakti Pumps Solar-powered Pump Product Portfolios and Specifications
13.3.3 Shakti Pumps Solar-powered Pump Sales, Revenue, Price and Gross Margin (2019-2024)
13.3.4 Shakti Pumps Main Business Overview
13.3.5 Shakti Pumps Latest Developments
13.4 SunEdison
13.4.1 SunEdison Company Information
13.4.2 SunEdison Solar-powered Pump Product Portfolios and Specifications
13.4.3 SunEdison Solar-powered Pump Sales, Revenue, Price and Gross Margin (2019-2024)
13.4.4 SunEdison Main Business Overview
13.4.5 SunEdison Latest Developments
13.5 Tata Power Solar
13.5.1 Tata Power Solar Company Information
13.5.2 Tata Power Solar Solar-powered Pump Product Portfolios and Specifications
13.5.3 Tata Power Solar Solar-powered Pump Sales, Revenue, Price and Gross Margin (2019-2024)
13.5.4 Tata Power Solar Main Business Overview
13.5.5 Tata Power Solar Latest Developments
13.6 Conergy
13.6.1 Conergy Company Information
13.6.2 Conergy Solar-powered Pump Product Portfolios and Specifications
13.6.3 Conergy Solar-powered Pump Sales, Revenue, Price and Gross Margin (2019-2024)
13.6.4 Conergy Main Business Overview
13.6.5 Conergy Latest Developments
13.7 CRI Group
13.7.1 CRI Group Company Information
13.7.2 CRI Group Solar-powered Pump Product Portfolios and Specifications
13.7.3 CRI Group Solar-powered Pump Sales, Revenue, Price and Gross Margin (2019-2024)
13.7.4 CRI Group Main Business Overview
13.7.5 CRI Group Latest Developments
13.8 Dankoff Solar
13.8.1 Dankoff Solar Company Information
13.8.2 Dankoff Solar Solar-powered Pump Product Portfolios and Specifications
13.8.3 Dankoff Solar Solar-powered Pump Sales, Revenue, Price and Gross Margin (2019-2024)
13.8.4 Dankoff Solar Main Business Overview
13.8.5 Dankoff Solar Latest Developments
13.9 Flowserve
13.9.1 Flowserve Company Information
13.9.2 Flowserve Solar-powered Pump Product Portfolios and Specifications
13.9.3 Flowserve Solar-powered Pump Sales, Revenue, Price and Gross Margin (2019-2024)
13.9.4 Flowserve Main Business Overview
13.9.5 Flowserve Latest Developments
13.10 Greenmax Technology
13.10.1 Greenmax Technology Company Information
13.10.2 Greenmax Technology Solar-powered Pump Product Portfolios and Specifications
13.10.3 Greenmax Technology Solar-powered Pump Sales, Revenue, Price and Gross Margin (2019-2024)
13.10.4 Greenmax Technology Main Business Overview
13.10.5 Greenmax Technology Latest Developments
13.11 Grundfos
13.11.1 Grundfos Company Information
13.11.2 Grundfos Solar-powered Pump Product Portfolios and Specifications
13.11.3 Grundfos Solar-powered Pump Sales, Revenue, Price and Gross Margin (2019-2024)
13.11.4 Grundfos Main Business Overview
13.11.5 Grundfos Latest Developments
13.12 Jain Irrigation Systems
13.12.1 Jain Irrigation Systems Company Information
13.12.2 Jain Irrigation Systems Solar-powered Pump Product Portfolios and Specifications
13.12.3 Jain Irrigation Systems Solar-powered Pump Sales, Revenue, Price and Gross Margin (2019-2024)
13.12.4 Jain Irrigation Systems Main Business Overview
13.12.5 Jain Irrigation Systems Latest Developments
13.13 USL
13.13.1 USL Company Information
13.13.2 USL Solar-powered Pump Product Portfolios and Specifications
13.13.3 USL Solar-powered Pump Sales, Revenue, Price and Gross Margin (2019-2024)
13.13.4 USL Main Business Overview
13.13.5 USL Latest Developments
13.14 Alpex Solar
13.14.1 Alpex Solar Company Information
13.14.2 Alpex Solar Solar-powered Pump Product Portfolios and Specifications
13.14.3 Alpex Solar Solar-powered Pump Sales, Revenue, Price and Gross Margin (2019-2024)
13.14.4 Alpex Solar Main Business Overview
13.14.5 Alpex Solar Latest Developments
13.15 Topsun Energy Limited
13.15.1 Topsun Energy Limited Company Information
13.15.2 Topsun Energy Limited Solar-powered Pump Product Portfolios and Specifications
13.15.3 Topsun Energy Limited Solar-powered Pump Sales, Revenue, Price and Gross Margin (2019-2024)
13.15.4 Topsun Energy Limited Main Business Overview
13.15.5 Topsun Energy Limited Latest Developments
13.16 Kirloskar Brothers Limited
13.16.1 Kirloskar Brothers Limited Company Information
13.16.2 Kirloskar Brothers Limited Solar-powered Pump Product Portfolios and Specifications
13.16.3 Kirloskar Brothers Limited Solar-powered Pump Sales, Revenue, Price and Gross Margin (2019-2024)
13.16.4 Kirloskar Brothers Limited Main Business Overview
13.16.5 Kirloskar Brothers Limited Latest Developments
13.17 Schnieder Electric
13.17.1 Schnieder Electric Company Information
13.17.2 Schnieder Electric Solar-powered Pump Product Portfolios and Specifications
13.17.3 Schnieder Electric Solar-powered Pump Sales, Revenue, Price and Gross Margin (2019-2024)
13.17.4 Schnieder Electric Main Business Overview
13.17.5 Schnieder Electric Latest Developments
13.18 Bernt Lorentz GmbH & Co. KG
13.18.1 Bernt Lorentz GmbH & Co. KG Company Information
13.18.2 Bernt Lorentz GmbH & Co. KG Solar-powered Pump Product Portfolios and Specifications
13.18.3 Bernt Lorentz GmbH & Co. KG Solar-powered Pump Sales, Revenue, Price and Gross Margin (2019-2024)
13.18.4 Bernt Lorentz GmbH & Co. KG Main Business Overview
13.18.5 Bernt Lorentz GmbH & Co. KG Latest Developments
13.19 Waaree Energies Ltd
13.19.1 Waaree Energies Ltd Company Information
13.19.2 Waaree Energies Ltd Solar-powered Pump Product Portfolios and Specifications
13.19.3 Waaree Energies Ltd Solar-powered Pump Sales, Revenue, Price and Gross Margin (2019-2024)
13.19.4 Waaree Energies Ltd Main Business Overview
13.19.5 Waaree Energies Ltd Latest Developments
13.20 Zhejiang Taifu Pump Company Ltd
13.20.1 Zhejiang Taifu Pump Company Ltd Company Information
13.20.2 Zhejiang Taifu Pump Company Ltd Solar-powered Pump Product Portfolios and Specifications
13.20.3 Zhejiang Taifu Pump Company Ltd Solar-powered Pump Sales, Revenue, Price and Gross Margin (2019-2024)
13.20.4 Zhejiang Taifu Pump Company Ltd Main Business Overview
13.20.5 Zhejiang Taifu Pump Company Ltd Latest Developments
14 Research Findings and Conclusion
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*If Applicable.