"Solar Powering Agriculture: A Comprehensive Study of the Solar Pumps Market"
Expanding at a stellar CAGR of 12.1%, the global solar pumps market is forecasted to surge from a valuation of US$ 1.5 billion in 2023 to US$ 4.7 billion by the end of 2033.Submersible solar pumps are specifically made to pump groundwater from deeper wells or boreholes where surface pumps cannot be used, and these variants currently account for around 60% share of overall sales.
A solar pump, also known as a solar-powered pump, is a mechanism used to pump water using electricity produced by photovoltaic (PV) panels. Since it produces energy using sunshine, it serves as a good substitute for conventional generators that burn fossil fuels to pump water. The offer in this portion accompanies many open doors including fabricating items, appropriation, retail, and showcasing administrations. Broad rounds of essential and a far reaching optional exploration have been utilized by the examiners at Fact.MR to show up at different assessments and projections for Demand of Solar Pumps Market, both at worldwide and provincial levels.
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Key Segments of the Solar Pumps Market
Fact.MR’s study on the solar pumps market offers information divided into four key segments— type, capacity, application, and region.
This report offers comprehensive data and information about important market dynamics and growth parameters associated with these categories.
By Type :
Submersible
Alternating Current (AC)
Direct Current (DC)
Surface
Alternating Current (AC)
Direct Current (DC)
By Capacity :
Below 4 HP
4-6 HP
6-8 HP
Above 8 HP
By Application :
Farming
Irrigation
Livestock
Aquaculture
Residential
Building
Drinking
Commercial
Swimming Pool
Pond Management
National Parks
Industry Water Treatment
The examiners have utilized various vast conspicuous business knowledge devices to unite realities, figures, and market information into income assessments and projections in the Market.
Key Companies Profiled
SunTech Drive LLC
Advanced Power Inc.
Bernt Lorentz GmbH
Dankoff Solar
Grundfos
BW Solar
Vincent Solar Energy Company
Greenmax Technology
AQUA GROUP
Regional analysis includes
North America (U.S., Canada)
Latin America (Brazil, Mexico, Argentina, Chile, Peru, Rest of LATAM)
EU – (Germany, France, Italy, Spain), UK, BENELUX (Belgium, Netherlands, Luxemburg), NORDIC (Norway, Denmark, Iceland, Sweden), Eastern Europe (Poland, Ukraine, Czech Rep. etc.), Rest of Europe
CIS & Russia
Japan
Asia Pacific Excluding Japan (Greater China, India, S. Korea, ASEAN Countries, Rest of APEJ)
How Fact.MR Assists in Making Strategic Moves?
The data provided in the Solar Pumps Market report offers comprehensive analysis of important industry trends. Industry players can use this data to strategize their potential business moves and gain remarkable revenues in the upcoming period.
The report covers the price trend analysis and value chain analysis along with analysis of diverse offering by market players. The main motive of this report is to assist enterprises to make data-driven decisions and strategize their business moves.