Solar Water Pumps Market 2019 Global Share, Trends, Segmentation and Forecast by 2025

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Solar Water Pumps Market is valued at USD 438.2 Million in 2018 and expected to reach USD 1347.0 Million by 2025 with a CAGR of 17.4% over the forecast period.         
Solar water pumps are basically an electrical pump system in which the electricity is generated by photovoltaic (PV) panels to pump water from the wells, reservoirs and bore wells into storage tank or directly onto fields. Solar water pumps are cleaner, cheaper and more reliable than diesel pumps and it has no fuel inputs and simple operation. Solar water pumps offer the potential to increase income through reduced operating costs and improved crop yields of small farmers. They are low maintenance and long life if maintained properly and supplied water is used to water livestock, irrigate crops.   

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Global solar water pumps market report is segmented on the basis of power rating, pump type, current type, application and region. Based upon power rating, global solar water pumps market is classified as up to 3 HP, 3.1 to 10 HP and above 10 HP. Based upon pump type, global solar water pumps market is classified as surface pump, submersible pump, screw pump, centrifugal pump and floating pump. Based upon current type, global solar water pumps market is classified as AC and DC. Based upon application, global solar water pumps market is classified as drinking water supply, agriculture, industrial and other applications.
The regions covered in this solar water pumps market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, market of Metal Recycling is sub divided into U.S., Mexico, Canada, UK, France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.

Key Players for Global Solar Water Pumps Market Reports–
Global Metal Recycling market report covers prominent players like Tata Power Solar Systems Ltd., Shakti Solar Pumping System, WENLING JINTAI PUMP FACTORY, Lorentz, SunEdison, Inc., CRI Pumps Pvt. Ltd, Solar Power & Pump Co LLC, Bright Solar Pvt. Ltd., Grundfos, American West Windmill and Solar Company, Dankoff Solar, Greenmax Technology and others.

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Growing Environmental Awareness and Government Regulations to Reduce Carbon Dioxide Emission is Driving the Growth of Global Solar Water Pumps Market.
Solar water pumps avoid the emission of carbon dioxide, diesel leakages into cultivations and water, noise pollution, and travel to collect fuels which is expected to drive the solar water pump market. The farmers are using conventional diesel or electric water pumps for irrigating the land, emission of CO2 in conventional diesel water pumps is 2.64 kg per liter of diesel. Government started subsidies to farmers for installing the solar water pump, as well as to solar pump manufacturers, especially in developing economies of Asia-Pacific are expected to drive the solar water pump market, for example; Indian government has introduced a subsidies in which the farmer has to pay only 10% cost of solar water pumps and rest of the amount is subsidies. Increasing agriculture activities and water based agricultural in developing countries is projected to accelerate the global solar pump market. Increasing awareness about the benefits of solar water pump technology has compelled a number of countries to accelerate the deployment of solar water pumps and replacement of water pumps which can create an opportunity for solar water pumps market growth within forecast period.
Asia Pacific is Expected to Dominate the Solar Water Pumps Market
Asia-Pacific is expected to dominate the solar water pumps market due to favourable Government policies and regulations to support environmental protection in emerging economics like India, China, Japan and Bangladesh in this region. Increasing power consumption in developing countries, such as China and India is also anticipated to increase the demand of solar water pump in this region within the forecast period. Asia Pacific is expecetd to follow by the North America and Europe in terms of revenue share of this market. Middle East & Africa are also projected to hold the significant share of solar water pumps market due to increasing demand of clean drinking water and irrigation in developing countries like South Africa, Morocco, Nigeria, Namibia and Kenya is propelling the growth of solar pumps market.
Key Benefits for Global Solar Water Pumps Market Reports –
·         Global market report covers in depth historical and forecast analysis.
·         Global market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.
·         Global market report helps to identify opportunities in market place.
·         Global market report covers extensive analysis of emerging trends and competitive landscape.
Global Solar Water Pumps Market Segmentation:–
By Power Rating:
·         Upto 3 HP
·         3.1 to 10 HP
·         Above 10 HP
By Pump Type:
·         Surface Pump
·         Submersible Pump
·         Screw Pump
·         Centrifugal Pump
·         Floating Pump
By Current Type:
·         AC
·         DC
By Application:
·         Drinking Water Supply  
·         Agriculture
·         Industrial
·         Other Applications
By Regional & Country Level:
·         North America
o   U.S.
o   Canada
·         Europe
o   UK
o   France
o   Germany
o   Italy
·         Asia Pacific
o   China
o   Japan
o   India
o   Southeast Asia
·         Latin America
o   Brazil
o   Mexico
·         Middle East and Africa
o   GCC
o   Africa
o   Rest of Middle East and Africa

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