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Global Solar Pump Inverter Market Research Report 2024
Synopsis
Solar pumping inverter converts DC current from the solar array into AC current to drive the pump. With the function of MPPT (maximum power point tracking), it regulates the output frequency according to irradiation in real time to achieve the maximum power.
Solar Inverters Features:
1. Adopting the proposed dynamic VI maximum power point tracking (MPPT) control method; Fast response and stable operation; Better than the conventional methods which may lead to the problems including poor tracking performances, unstable or even cause water hammer damaging when the irradiation on the array changes rapidly.
2. The solar pumping inverters system is dispensed with energy storing devices, and stores water instead of electricity. It improves the reliability of the device, at the same time, it lowers the construction and maintenance costs of the system dramatically.
3. Digital control; automatic operation and data acquisition/storage of 8 years, etc; 98% of conversion efficiency, and complete protection.
4. In-line blocks; user friendly; convenient for operating; perfect cooling and shielding.
The global Solar Pump Inverter market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
Global Solar Pump Inverter key players include ABB, Hitachi, Voltronic Power, etc. Global top three manufacturers hold a share over 40%.
Europe is the largest market, with a share about 70%, followed by Africa and Middle East, both have a share over 25 percent.
In terms of product, Single Purpose is the largest segment, with a share about 95%. And in terms of application, the largest application is Commercial Use, followed by Home Use.
This report aims to provide a comprehensive presentation of the global market for Solar Pump Inverter, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Solar Pump Inverter.
Report Scope
The Solar Pump Inverter market size, estimations, and forecasts are provided in terms of output/shipments (KW) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Solar Pump Inverter market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Solar Pump Inverter manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
ABB
Hitachi
Voltronic Power
Schneider Electric
GRUNDFOS
B&B Power
Sollatek
Solar Tech
Gozuk
MNE
Voltacon
Hober
Segment by Type
Single Purpose
Multipurpose
Segment by Application
Commercial Use
Home Use
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Solar Pump Inverter manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Solar Pump Inverter by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Solar Pump Inverter in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Solar pumping inverter converts DC current from the solar array into AC current to drive the pump. With the function of MPPT (maximum power point tracking), it regulates the output frequency according to irradiation in real time to achieve the maximum power.
Solar Inverters Features:
1. Adopting the proposed dynamic VI maximum power point tracking (MPPT) control method; Fast response and stable operation; Better than the conventional methods which may lead to the problems including poor tracking performances, unstable or even cause water hammer damaging when the irradiation on the array changes rapidly.
2. The solar pumping inverters system is dispensed with energy storing devices, and stores water instead of electricity. It improves the reliability of the device, at the same time, it lowers the construction and maintenance costs of the system dramatically.
3. Digital control; automatic operation and data acquisition/storage of 8 years, etc; 98% of conversion efficiency, and complete protection.
4. In-line blocks; user friendly; convenient for operating; perfect cooling and shielding.
The global Solar Pump Inverter market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
Global Solar Pump Inverter key players include ABB, Hitachi, Voltronic Power, etc. Global top three manufacturers hold a share over 40%.
Europe is the largest market, with a share about 70%, followed by Africa and Middle East, both have a share over 25 percent.
In terms of product, Single Purpose is the largest segment, with a share about 95%. And in terms of application, the largest application is Commercial Use, followed by Home Use.
This report aims to provide a comprehensive presentation of the global market for Solar Pump Inverter, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Solar Pump Inverter.
Report Scope
The Solar Pump Inverter market size, estimations, and forecasts are provided in terms of output/shipments (KW) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Solar Pump Inverter market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Solar Pump Inverter manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
ABB
Hitachi
Voltronic Power
Schneider Electric
GRUNDFOS
B&B Power
Sollatek
Solar Tech
Gozuk
MNE
Voltacon
Hober
Segment by Type
Single Purpose
Multipurpose
Segment by Application
Commercial Use
Home Use
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Solar Pump Inverter manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Solar Pump Inverter by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Solar Pump Inverter in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index1 Solar Pump Inverter Market Overview
1.1 Product Definition
1.2 Solar Pump Inverter Segment by Type
1.2.1 Global Solar Pump Inverter Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Single Purpose
1.2.3 Multipurpose
1.3 Solar Pump Inverter Segment by Application
1.3.1 Global Solar Pump Inverter Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Commercial Use
1.3.3 Home Use
1.4 Global Market Growth Prospects
1.4.1 Global Solar Pump Inverter Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Solar Pump Inverter Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Solar Pump Inverter Production Estimates and Forecasts (2019-2030)
1.4.4 Global Solar Pump Inverter Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Solar Pump Inverter Production Market Share by Manufacturers (2019-2024)
2.2 Global Solar Pump Inverter Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Solar Pump Inverter, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Solar Pump Inverter Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Solar Pump Inverter Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Solar Pump Inverter, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Solar Pump Inverter, Product Offered and Application
2.8 Global Key Manufacturers of Solar Pump Inverter, Date of Enter into This Industry
2.9 Solar Pump Inverter Market Competitive Situation and Trends
2.9.1 Solar Pump Inverter Market Concentration Rate
2.9.2 Global 5 and 10 Largest Solar Pump Inverter Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Solar Pump Inverter Production by Region
3.1 Global Solar Pump Inverter Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Solar Pump Inverter Production Value by Region (2019-2030)
3.2.1 Global Solar Pump Inverter Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Solar Pump Inverter by Region (2025-2030)
3.3 Global Solar Pump Inverter Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Solar Pump Inverter Production by Region (2019-2030)
3.4.1 Global Solar Pump Inverter Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Solar Pump Inverter by Region (2025-2030)
3.5 Global Solar Pump Inverter Market Price Analysis by Region (2019-2024)
3.6 Global Solar Pump Inverter Production and Value, Year-over-Year Growth
3.6.1 North America Solar Pump Inverter Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Solar Pump Inverter Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Solar Pump Inverter Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Solar Pump Inverter Production Value Estimates and Forecasts (2019-2030)
4 Solar Pump Inverter Consumption by Region
4.1 Global Solar Pump Inverter Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Solar Pump Inverter Consumption by Region (2019-2030)
4.2.1 Global Solar Pump Inverter Consumption by Region (2019-2024)
4.2.2 Global Solar Pump Inverter Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Solar Pump Inverter Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Solar Pump Inverter Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Solar Pump Inverter Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Solar Pump Inverter Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Solar Pump Inverter Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Solar Pump Inverter Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Solar Pump Inverter Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Solar Pump Inverter Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Solar Pump Inverter Production by Type (2019-2030)
5.1.1 Global Solar Pump Inverter Production by Type (2019-2024)
5.1.2 Global Solar Pump Inverter Production by Type (2025-2030)
5.1.3 Global Solar Pump Inverter Production Market Share by Type (2019-2030)
5.2 Global Solar Pump Inverter Production Value by Type (2019-2030)
5.2.1 Global Solar Pump Inverter Production Value by Type (2019-2024)
5.2.2 Global Solar Pump Inverter Production Value by Type (2025-2030)
5.2.3 Global Solar Pump Inverter Production Value Market Share by Type (2019-2030)
5.3 Global Solar Pump Inverter Price by Type (2019-2030)
6 Segment by Application
6.1 Global Solar Pump Inverter Production by Application (2019-2030)
6.1.1 Global Solar Pump Inverter Production by Application (2019-2024)
6.1.2 Global Solar Pump Inverter Production by Application (2025-2030)
6.1.3 Global Solar Pump Inverter Production Market Share by Application (2019-2030)
6.2 Global Solar Pump Inverter Production Value by Application (2019-2030)
6.2.1 Global Solar Pump Inverter Production Value by Application (2019-2024)
6.2.2 Global Solar Pump Inverter Production Value by Application (2025-2030)
6.2.3 Global Solar Pump Inverter Production Value Market Share by Application (2019-2030)
6.3 Global Solar Pump Inverter Price by Application (2019-2030)
7 Key Companies Profiled
7.1 ABB
7.1.1 ABB Solar Pump Inverter Corporation Information
7.1.2 ABB Solar Pump Inverter Product Portfolio
7.1.3 ABB Solar Pump Inverter Production, Value, Price and Gross Margin (2019-2024)
7.1.4 ABB Main Business and Markets Served
7.1.5 ABB Recent Developments/Updates
7.2 Hitachi
7.2.1 Hitachi Solar Pump Inverter Corporation Information
7.2.2 Hitachi Solar Pump Inverter Product Portfolio
7.2.3 Hitachi Solar Pump Inverter Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Hitachi Main Business and Markets Served
7.2.5 Hitachi Recent Developments/Updates
7.3 Voltronic Power
7.3.1 Voltronic Power Solar Pump Inverter Corporation Information
7.3.2 Voltronic Power Solar Pump Inverter Product Portfolio
7.3.3 Voltronic Power Solar Pump Inverter Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Voltronic Power Main Business and Markets Served
7.3.5 Voltronic Power Recent Developments/Updates
7.4 Schneider Electric
7.4.1 Schneider Electric Solar Pump Inverter Corporation Information
7.4.2 Schneider Electric Solar Pump Inverter Product Portfolio
7.4.3 Schneider Electric Solar Pump Inverter Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Schneider Electric Main Business and Markets Served
7.4.5 Schneider Electric Recent Developments/Updates
7.5 GRUNDFOS
7.5.1 GRUNDFOS Solar Pump Inverter Corporation Information
7.5.2 GRUNDFOS Solar Pump Inverter Product Portfolio
7.5.3 GRUNDFOS Solar Pump Inverter Production, Value, Price and Gross Margin (2019-2024)
7.5.4 GRUNDFOS Main Business and Markets Served
7.5.5 GRUNDFOS Recent Developments/Updates
7.6 B&B Power
7.6.1 B&B Power Solar Pump Inverter Corporation Information
7.6.2 B&B Power Solar Pump Inverter Product Portfolio
7.6.3 B&B Power Solar Pump Inverter Production, Value, Price and Gross Margin (2019-2024)
7.6.4 B&B Power Main Business and Markets Served
7.6.5 B&B Power Recent Developments/Updates
7.7 Sollatek
7.7.1 Sollatek Solar Pump Inverter Corporation Information
7.7.2 Sollatek Solar Pump Inverter Product Portfolio
7.7.3 Sollatek Solar Pump Inverter Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Sollatek Main Business and Markets Served
7.7.5 Sollatek Recent Developments/Updates
7.8 Solar Tech
7.8.1 Solar Tech Solar Pump Inverter Corporation Information
7.8.2 Solar Tech Solar Pump Inverter Product Portfolio
7.8.3 Solar Tech Solar Pump Inverter Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Solar Tech Main Business and Markets Served
7.7.5 Solar Tech Recent Developments/Updates
7.9 Gozuk
7.9.1 Gozuk Solar Pump Inverter Corporation Information
7.9.2 Gozuk Solar Pump Inverter Product Portfolio
7.9.3 Gozuk Solar Pump Inverter Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Gozuk Main Business and Markets Served
7.9.5 Gozuk Recent Developments/Updates
7.10 MNE
7.10.1 MNE Solar Pump Inverter Corporation Information
7.10.2 MNE Solar Pump Inverter Product Portfolio
7.10.3 MNE Solar Pump Inverter Production, Value, Price and Gross Margin (2019-2024)
7.10.4 MNE Main Business and Markets Served
7.10.5 MNE Recent Developments/Updates
7.11 Voltacon
7.11.1 Voltacon Solar Pump Inverter Corporation Information
7.11.2 Voltacon Solar Pump Inverter Product Portfolio
7.11.3 Voltacon Solar Pump Inverter Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Voltacon Main Business and Markets Served
7.11.5 Voltacon Recent Developments/Updates
7.12 Hober
7.12.1 Hober Solar Pump Inverter Corporation Information
7.12.2 Hober Solar Pump Inverter Product Portfolio
7.12.3 Hober Solar Pump Inverter Production, Value, Price and Gross Margin (2019-2024)
7.12.4 Hober Main Business and Markets Served
7.12.5 Hober Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Solar Pump Inverter Industry Chain Analysis
8.2 Solar Pump Inverter Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Solar Pump Inverter Production Mode & Process
8.4 Solar Pump Inverter Sales and Marketing
8.4.1 Solar Pump Inverter Sales Channels
8.4.2 Solar Pump Inverter Distributors
8.5 Solar Pump Inverter Customers
9 Solar Pump Inverter Market Dynamics
9.1 Solar Pump Inverter Industry Trends
9.2 Solar Pump Inverter Market Drivers
9.3 Solar Pump Inverter Market Challenges
9.4 Solar Pump Inverter Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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