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PV Water Pumps-Global Market Insights and Sales Trends 2024
Synopsis
PV Water Pumps can supply water to locations which are beyond the reach of power lines. Commonly, such places relied on human or animal power or on diesel engines for their water supply.
The global PV Water Pumps market size is expected to reach US$ 1706.6 million by 2029, growing at a CAGR of 11.0% from 2023 to 2029. The market is mainly driven by the significant applications of PV Water Pumps in various end use industries. The expanding demands from the Agriculture, Drinking Water and Others,, are propelling PV Water Pumps market. Surface Suction, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Submersible segment is estimated at % CAGR for the next seven-year period.
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 $369 billion for energy security and climate change investments. For the photovoltaic industry, the bill stimulates its development from multiple aspects such as corporate and individual tax credits, production subsidies, and loans throughout the industry chain, and revitalizes the domestic manufacturing industry in the United States. Japanese authorities plan to make solar panels mandatory for new residential buildings in Tokyo from 2025 onwards. It is estimated that by 2030, photovoltaic power generation will account for 14%-16% of Japan's total power generation, and the cumulative installed capacity of photovoltaic systems will be about 117.80 GW.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for PV Water Pumps, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global PV Water Pumps market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global PV Water Pumps market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, PV Water Pumps sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of PV Water Pumps covered in this report include Solar Power & Pump, Tata Power Solar, Grundfos, JISL, CRI Group, Lorentz, Shakti Pumps, Symtech Solar and Dankoff Solar, etc.
The global PV Water Pumps market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Solar Power & Pump
Tata Power Solar
Grundfos
JISL
CRI Group
Lorentz
Shakti Pumps
Symtech Solar
Dankoff Solar
Greenmax
JNTech
ADA
Hanergy
MNE
Global PV Water Pumps market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global PV Water Pumps market, Segment by Type:
Surface Suction
Submersible
Global PV Water Pumps market, by Application
Agriculture
Drinking Water
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of PV Water Pumps manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of PV Water Pumps in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
PV Water Pumps can supply water to locations which are beyond the reach of power lines. Commonly, such places relied on human or animal power or on diesel engines for their water supply.
The global PV Water Pumps market size is expected to reach US$ 1706.6 million by 2029, growing at a CAGR of 11.0% from 2023 to 2029. The market is mainly driven by the significant applications of PV Water Pumps in various end use industries. The expanding demands from the Agriculture, Drinking Water and Others,, are propelling PV Water Pumps market. Surface Suction, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Submersible segment is estimated at % CAGR for the next seven-year period.
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 $369 billion for energy security and climate change investments. For the photovoltaic industry, the bill stimulates its development from multiple aspects such as corporate and individual tax credits, production subsidies, and loans throughout the industry chain, and revitalizes the domestic manufacturing industry in the United States. Japanese authorities plan to make solar panels mandatory for new residential buildings in Tokyo from 2025 onwards. It is estimated that by 2030, photovoltaic power generation will account for 14%-16% of Japan's total power generation, and the cumulative installed capacity of photovoltaic systems will be about 117.80 GW.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for PV Water Pumps, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global PV Water Pumps market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global PV Water Pumps market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, PV Water Pumps sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of PV Water Pumps covered in this report include Solar Power & Pump, Tata Power Solar, Grundfos, JISL, CRI Group, Lorentz, Shakti Pumps, Symtech Solar and Dankoff Solar, etc.
The global PV Water Pumps market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Solar Power & Pump
Tata Power Solar
Grundfos
JISL
CRI Group
Lorentz
Shakti Pumps
Symtech Solar
Dankoff Solar
Greenmax
JNTech
ADA
Hanergy
MNE
Global PV Water Pumps market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global PV Water Pumps market, Segment by Type:
Surface Suction
Submersible
Global PV Water Pumps market, by Application
Agriculture
Drinking Water
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of PV Water Pumps manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of PV Water Pumps in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 PV Water Pumps Market Overview
1.1 PV Water Pumps Product Overview
1.2 PV Water Pumps Market Segment by Type
1.2.1 Surface Suction
1.2.2 Submersible
1.3 Global PV Water Pumps Market Size by Type
1.3.1 Global PV Water Pumps Market Size Overview by Type (2018-2029)
1.3.2 Global PV Water Pumps Historic Market Size Review by Type (2018-2023)
1.3.3 Global PV Water Pumps Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America PV Water Pumps Sales Breakdown by Type (2018-2023)
1.4.2 Europe PV Water Pumps Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific PV Water Pumps Sales Breakdown by Type (2018-2023)
1.4.4 Latin America PV Water Pumps Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa PV Water Pumps Sales Breakdown by Type (2018-2023)
2 Global PV Water Pumps Market Competition by Company
2.1 Global Top Players by PV Water Pumps Sales (2018-2023)
2.2 Global Top Players by PV Water Pumps Revenue (2018-2023)
2.3 Global Top Players by PV Water Pumps Price (2018-2023)
2.4 Global Top Manufacturers PV Water Pumps Manufacturing Base Distribution, Sales Area, Product Type
2.5 PV Water Pumps Market Competitive Situation and Trends
2.5.1 PV Water Pumps Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by PV Water Pumps Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in PV Water Pumps as of 2022)
2.7 Date of Key Manufacturers Enter into PV Water Pumps Market
2.8 Key Manufacturers PV Water Pumps Product Offered
2.9 Mergers & Acquisitions, Expansion
3 PV Water Pumps Status and Outlook by Region
3.1 Global PV Water Pumps Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global PV Water Pumps Historic Market Size by Region
3.2.1 Global PV Water Pumps Sales in Volume by Region (2018-2023)
3.2.2 Global PV Water Pumps Sales in Value by Region (2018-2023)
3.2.3 Global PV Water Pumps Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global PV Water Pumps Forecasted Market Size by Region
3.3.1 Global PV Water Pumps Sales in Volume by Region (2024-2029)
3.3.2 Global PV Water Pumps Sales in Value by Region (2024-2029)
3.3.3 Global PV Water Pumps Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global PV Water Pumps by Application
4.1 PV Water Pumps Market Segment by Application
4.1.1 Agriculture
4.1.2 Drinking Water
4.1.3 Others
4.2 Global PV Water Pumps Market Size by Application
4.2.1 Global PV Water Pumps Market Size Overview by Application (2018-2029)
4.2.2 Global PV Water Pumps Historic Market Size Review by Application (2018-2023)
4.2.3 Global PV Water Pumps Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America PV Water Pumps Sales Breakdown by Application (2018-2023)
4.3.2 Europe PV Water Pumps Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific PV Water Pumps Sales Breakdown by Application (2018-2023)
4.3.4 Latin America PV Water Pumps Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa PV Water Pumps Sales Breakdown by Application (2018-2023)
5 North America PV Water Pumps by Country
5.1 North America PV Water Pumps Historic Market Size by Country
5.1.1 North America PV Water Pumps Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America PV Water Pumps Sales in Volume by Country (2018-2023)
5.1.3 North America PV Water Pumps Sales in Value by Country (2018-2023)
5.2 North America PV Water Pumps Forecasted Market Size by Country
5.2.1 North America PV Water Pumps Sales in Volume by Country (2024-2029)
5.2.2 North America PV Water Pumps Sales in Value by Country (2024-2029)
6 Europe PV Water Pumps by Country
6.1 Europe PV Water Pumps Historic Market Size by Country
6.1.1 Europe PV Water Pumps Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe PV Water Pumps Sales in Volume by Country (2018-2023)
6.1.3 Europe PV Water Pumps Sales in Value by Country (2018-2023)
6.2 Europe PV Water Pumps Forecasted Market Size by Country
6.2.1 Europe PV Water Pumps Sales in Volume by Country (2024-2029)
6.2.2 Europe PV Water Pumps Sales in Value by Country (2024-2029)
7 Asia-Pacific PV Water Pumps by Region
7.1 Asia-Pacific PV Water Pumps Historic Market Size by Region
7.1.1 Asia-Pacific PV Water Pumps Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific PV Water Pumps Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific PV Water Pumps Sales in Value by Region (2018-2023)
7.2 Asia-Pacific PV Water Pumps Forecasted Market Size by Region
7.2.1 Asia-Pacific PV Water Pumps Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific PV Water Pumps Sales in Value by Region (2024-2029)
8 Latin America PV Water Pumps by Country
8.1 Latin America PV Water Pumps Historic Market Size by Country
8.1.1 Latin America PV Water Pumps Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America PV Water Pumps Sales in Volume by Country (2018-2023)
8.1.3 Latin America PV Water Pumps Sales in Value by Country (2018-2023)
8.2 Latin America PV Water Pumps Forecasted Market Size by Country
8.2.1 Latin America PV Water Pumps Sales in Volume by Country (2024-2029)
8.2.2 Latin America PV Water Pumps Sales in Value by Country (2024-2029)
9 Middle East and Africa PV Water Pumps by Country
9.1 Middle East and Africa PV Water Pumps Historic Market Size by Country
9.1.1 Middle East and Africa PV Water Pumps Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa PV Water Pumps Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa PV Water Pumps Sales in Value by Country (2018-2023)
9.2 Middle East and Africa PV Water Pumps Forecasted Market Size by Country
9.2.1 Middle East and Africa PV Water Pumps Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa PV Water Pumps Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Solar Power & Pump
10.1.1 Solar Power & Pump Company Information
10.1.2 Solar Power & Pump Introduction and Business Overview
10.1.3 Solar Power & Pump PV Water Pumps Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Solar Power & Pump PV Water Pumps Products Offered
10.1.5 Solar Power & Pump Recent Development
10.2 Tata Power Solar
10.2.1 Tata Power Solar Company Information
10.2.2 Tata Power Solar Introduction and Business Overview
10.2.3 Tata Power Solar PV Water Pumps Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Tata Power Solar PV Water Pumps Products Offered
10.2.5 Tata Power Solar Recent Development
10.3 Grundfos
10.3.1 Grundfos Company Information
10.3.2 Grundfos Introduction and Business Overview
10.3.3 Grundfos PV Water Pumps Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Grundfos PV Water Pumps Products Offered
10.3.5 Grundfos Recent Development
10.4 JISL
10.4.1 JISL Company Information
10.4.2 JISL Introduction and Business Overview
10.4.3 JISL PV Water Pumps Sales, Revenue and Gross Margin (2018-2023)
10.4.4 JISL PV Water Pumps Products Offered
10.4.5 JISL Recent Development
10.5 CRI Group
10.5.1 CRI Group Company Information
10.5.2 CRI Group Introduction and Business Overview
10.5.3 CRI Group PV Water Pumps Sales, Revenue and Gross Margin (2018-2023)
10.5.4 CRI Group PV Water Pumps Products Offered
10.5.5 CRI Group Recent Development
10.6 Lorentz
10.6.1 Lorentz Company Information
10.6.2 Lorentz Introduction and Business Overview
10.6.3 Lorentz PV Water Pumps Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Lorentz PV Water Pumps Products Offered
10.6.5 Lorentz Recent Development
10.7 Shakti Pumps
10.7.1 Shakti Pumps Company Information
10.7.2 Shakti Pumps Introduction and Business Overview
10.7.3 Shakti Pumps PV Water Pumps Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Shakti Pumps PV Water Pumps Products Offered
10.7.5 Shakti Pumps Recent Development
10.8 Symtech Solar
10.8.1 Symtech Solar Company Information
10.8.2 Symtech Solar Introduction and Business Overview
10.8.3 Symtech Solar PV Water Pumps Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Symtech Solar PV Water Pumps Products Offered
10.8.5 Symtech Solar Recent Development
10.9 Dankoff Solar
10.9.1 Dankoff Solar Company Information
10.9.2 Dankoff Solar Introduction and Business Overview
10.9.3 Dankoff Solar PV Water Pumps Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Dankoff Solar PV Water Pumps Products Offered
10.9.5 Dankoff Solar Recent Development
10.10 Greenmax
10.10.1 Greenmax Company Information
10.10.2 Greenmax Introduction and Business Overview
10.10.3 Greenmax PV Water Pumps Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Greenmax PV Water Pumps Products Offered
10.10.5 Greenmax Recent Development
10.11 JNTech
10.11.1 JNTech Company Information
10.11.2 JNTech Introduction and Business Overview
10.11.3 JNTech PV Water Pumps Sales, Revenue and Gross Margin (2018-2023)
10.11.4 JNTech PV Water Pumps Products Offered
10.11.5 JNTech Recent Development
10.12 ADA
10.12.1 ADA Company Information
10.12.2 ADA Introduction and Business Overview
10.12.3 ADA PV Water Pumps Sales, Revenue and Gross Margin (2018-2023)
10.12.4 ADA PV Water Pumps Products Offered
10.12.5 ADA Recent Development
10.13 Hanergy
10.13.1 Hanergy Company Information
10.13.2 Hanergy Introduction and Business Overview
10.13.3 Hanergy PV Water Pumps Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Hanergy PV Water Pumps Products Offered
10.13.5 Hanergy Recent Development
10.14 MNE
10.14.1 MNE Company Information
10.14.2 MNE Introduction and Business Overview
10.14.3 MNE PV Water Pumps Sales, Revenue and Gross Margin (2018-2023)
10.14.4 MNE PV Water Pumps Products Offered
10.14.5 MNE Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 PV Water Pumps Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 PV Water Pumps Industrial Chain Analysis
11.4 PV Water Pumps Market Dynamics
11.4.1 PV Water Pumps Industry Trends
11.4.2 PV Water Pumps Market Drivers
11.4.3 PV Water Pumps Market Challenges
11.4.4 PV Water Pumps Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 PV Water Pumps Distributors
12.3 PV Water Pumps Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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