Market Overview:
The global solar submersible and surface pumps market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for solar-powered pumps across various applications, such as agriculture, drinking water, and others. In addition, the growing awareness about the benefits of using solar-powered pumps is also contributing to the growth of this market.
Product Definition:
A solar submersible pump is a type of water pump that uses energy from the sun to power it. Solar surface pumps use energy from the sun to move water from a lower to higher elevation. Both types of pumps are used to bring water to areas where traditional power sources are not available or cost prohibitive.
Submersible:
Submersible pumps are used to move liquid or fluid-based media in a controlled manner. They can be surface or subsea type of equipment and find their application in various industries including oil & gas, chemical, power generation, mining and others. The growth factor for the global submersible pumps market is driven by increasing demand from end-use industries such as water & wastewater treatment plants coupled with rising technological advancements pertaining to pump design and manufacturing process.
Surface Pumps:
The surface pumps are used to transfer water or other liquids from one place to another. It is mainly used in the oil & gas industry for various applications such as production, injection, and refining. The surface pump has a suction pipe which is attached to a feed pipe leading to the desired location where the liquid needs to be transported. The pump can be powered by electricity, diesel or natural gas and it works on centrifugal force generated due to rotation of its impellers.
Application Insights:
The others application segment includes industrial, municipal and aquaculture. The demand for the product in the other applications is expected to grow at a significant rate owing to rapid urbanization leading to increased need for water supply and sanitation facilities in developing countries including China, India and Brazil. In addition, technological advancements such as digital control system of pumps coupled with advanced sensors will further propel growth over the forecast period.
The agriculture segment dominated the global solar submersible & surface pumps market in 2017 due to high adoption of these products across small-scale farmers worldwide due to benefits such as cost-effectiveness along with easy maintenance access which helps them utilize latest technology while farming thereby driving growth over forecast period.
Regional Analysis:
Asia Pacific regional market dominated the global industry in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing rapid urbanization, which has resulted in increased demand for water supply and sanitation facilities. Moreover, increasing population coupled with rising per capita consumption of water is anticipated to drive the regional market growth over the forecast period.
The Asia Pacific region accounted for a share of more than 30% of total global land area and will expand further at a significant rate owing to agricultural activities across countries such as China, India, Indonesia, Philippines among others are expected to boost product demand across this region. In addition agriculture pumps are used for pumping groundwater from deep wells or boreholes that collect precipitationwater within an aquiferrather than surface-water bodies such as rivers or lakes.
Growth Factors:
- Increasing demand for clean and renewable energy sources across the globe is expected to drive the growth of solar pumps market over the forecast period.
- Rising awareness about the benefits of using solar pumps is anticipated to boost the demand for these pumps in coming years.
- Growing investments in infrastructure development projects are projected to create new opportunities for solar pump manufacturers and distributors over the forecast period.
- Rapid urbanization and industrialization in developing countries is expected to fuel the growth of solar pump market during forecast period .
Scope Of The Report
Report Attributes
Report Details
Report Title
Solar Submersible and Surface Pumps Market Research Report
By Type
Submersible, Surface Pumps
By Application
Agriculture, Drinking Water, Others
By Companies
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
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
228
Number of Tables & Figures
160
Customization Available
Yes, the report can be customized as per your need.
Global Solar Submersible and Surface Pumps Market Report Segments:
The global Solar Submersible and Surface Pumps market is segmented on the basis of:
Types
Submersible, Surface Pumps
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Agriculture, Drinking Water, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- 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
Highlights of The Solar Submersible and Surface Pumps Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Submersible
- Surface Pumps
- By Application:
- Agriculture
- Drinking Water
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Solar Submersible and Surface Pumps Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Solar Submersible pumps are used to move water, oil and gas. They are also known as solar powered pumps or photovoltaic (PV) pumps. Solar surface pumps use sunlight to power a pump that moves water, oil or gas from one place to another.
Some of the key players operating in the solar submersible and surface pumps market are 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.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Solar Submersible and Surface Pumps Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Solar Submersible and Surface Pumps Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Solar Submersible and Surface Pumps Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Solar Submersible and Surface Pumps Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Solar Submersible and Surface Pumps Market Size & Forecast, 2020-2028
4.5.1 Solar Submersible and Surface Pumps Market Size and Y-o-Y Growth
4.5.2 Solar Submersible and Surface Pumps Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Submersible
5.2.2 Surface Pumps
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Agriculture
6.2.2 Drinking Water
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Solar Submersible and Surface Pumps Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Solar Submersible and Surface Pumps Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Submersible
9.6.2 Surface Pumps
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Agriculture
9.10.2 Drinking Water
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Submersible
10.6.2 Surface Pumps
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Agriculture
10.10.2 Drinking Water
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Submersible
11.6.2 Surface Pumps
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Agriculture
11.10.2 Drinking Water
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Submersible
12.6.2 Surface Pumps
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Agriculture
12.10.2 Drinking Water
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Submersible
13.6.2 Surface Pumps
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Agriculture
13.10.2 Drinking Water
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Solar Submersible and Surface Pumps Market: Competitive Dashboard
14.2 Global Solar Submersible and Surface Pumps Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 JNTech
14.3.2 JISL
14.3.3 Tata Power Solar
14.3.4 Grundfos
14.3.5 Lorentz
14.3.6 CRI Group
14.3.7 Shakti Pumps
14.3.8 Bright Solar
14.3.9 ADA
14.3.10 Hanergy
14.3.11 Symtech Solar
14.3.12 Dankoff Solar
14.3.13 Solar Power & Pump
14.3.14 MNE
14.3.15 Greenmax Tech
