Solar Water Pumps

Solar Water Pumps Market: Global Opportunity and Trend Analysis, 2021-2031 [Upcoming Report]

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  • Published
    July 2021

  • Pages
    124

  • View Count
    1047

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Example Insights

  • In the coming years, the market is anticipated to grow at a significant pace, driven by the government push to adopt renewable energy sources, as well as reduce dependency on conventional energy sources. In fact, governments are offering subsidies and tax relaxations to users of solar water pumps. For instance, in 2019, Indian government launched PM Kusum Yojana for farmers. Under this scheme, the government offered solar pumps to farmers at subsidized rates, enabling them to generate extra income by selling additional electricity to the government.  In addition, the comparatively less electricity per unit charge (operational costs) are likely to drive the adoption of such solutions. However, high installation costs and lack of trained professionals, specially in rural areas, is expected to hinder market growth.
  • Since 2018, several product launches have been observed, and there have been several acquisitions and partnerships, as well. For instance, in April 2021, Tata Power partnered with CSC to setup 10,000 microgrids in commercial and residential sectors, in rural areas.  Similarly, in April 2021, SwitchON partnered with Punjab National Bank to finance solar pumps for small and marginal farmers. 
  • Based on prevalent trends, the market size is likely to be significantly impacted by the active contributions of several big players that are involved in this domain.

Overview

The “Solar Water Pumps Market: Global Opportunity and Trend Analysis, 2021-2031” report features an extensive study of the current market landscape of the stakeholders in this emerging industry. 

This report provides an in-depth analysis of the players offering solar water pumps, highlighting some of the key strategies that they have adopted over the years. The study includes informed insights related to the competitive market landscape, based on both qualitative and quantitative assessments of key market trends, growth drivers, constraints, and upcoming opportunity areas, within the solar water pumps industry.

One of the key objectives of the report was to estimate the existing market size and future opportunity associated with the solar water pumps market, over the next decade. Based on multiple parameters, such as the historical and anticipated price of solar water pumps, ongoing and upcoming projects, and application specific dynamics, we have developed an informed estimate on the evolution of this market, for the period 2021-2031.

Scope of the Report

  • A detailed assessment of the market opportunity associated with solar water pumps, over the next decade, based on type of pump (surface pump, submersible pump and other), end-use (domestic and industrial) and key geographical regions (North America, Europe, Asia Pacific and rest of the world). 
  • An analysis of the competitive market landscape based on several relevant parameters, and featuring important details related to the players engaged in the solar water pumps market, such as their year of establishment, location of headquarters, company size (in terms of employee count), and list of key executives.
  • An insightful market assessment summary, highlighting the key strategic initiatives undertaken by players engaged in the solar water pumps domain.
  • An analysis of the investments made at various stages of development, such as seed financing, venture capital financing, debt financing, grants / awards, capital raised from IPOs and subsequent offerings, in companies that are engaged in this field.
  • An analysis of the partnerships that have been established in the domain, over the last five years, covering research agreements, product / technology licensing agreements, mergers / acquisitions, product development agreements and other relevant deals.
  • A detailed, qualitative assessment of the key growth drivers, restraints and emerging opportunity areas, associated with solar water pumps market.
  • A detailed, qualitative Porter’s Five (5) Force’s analysis associated with solar water pumps market
  • Detailed profiles of companies offering solar water pumps platforms, featuring an overview of the company, information related to its financials (if available), key offerings, as well as some of the recent strategic initiatives undertaken by the firm in pursuit of organic growth.

Key Questions Answered

  • Who are the leading industry players in this market?
  • What are the different types of strategic initiatives undertaken by stakeholders in this industry in the pursuit of organic growth?
  • What is the trend of investments made into the companies engaged in this field?
  • What type of partnership models are commonly adopted by players involved in this domain?
  • What are the key growth strategies being adopted by companies offering solar water pumps platforms? 
  • What are the key drivers and restraints within the solar water pumps market?
  • How is the current and future market opportunity likely to be distributed across key market segments?

Examples of key industry players featured in this report have been mentioned below (inexhaustive list):

  1. Advanced Power 
  2. Bright Solar 
  3. BW Solar
  4. C.R.I. Pumps 
  5. Franklin Electric
  6. Urja Global Limited
  7. Lorentz
  8. Larsen & Toubro (L&T)
  9. Symtech Solar
  10. Tata Power Solar Systems

Contents

Table Of Contents

1. Preface

2. Executive Summary

3. Market Overview

4. Market Sizing and Opportunity Analysis based on Type of Pump

5. Market Sizing and Opportunity Analysis based on End-Use

6. Market Sizing and Opportunity Analysis based on Geography

7. Company Profiles

8. Competitive Landscape

9. Start-Up Funding Analysis

10. Partnerships and Collaborations

11. Porter 5 Forces Analysis

12. Executive Insights

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