Photovoltaic Pump Industry Research Report 2024

Photovoltaic Pump Industry Research Report 2024


A Photovoltaic pump (AKA Solar pump) is a pump running on electricity generated by photovoltaic panels or the thermal energy available from collected sunlight as opposed to grid electricity or diesel run water pumps. The operation of solar powered pumps is more economical mainly due to the lower operation and maintenance costs and has less environmental impact than pumps powered by an internal combustion engine (ICE). Solar pumps are useful where grid electricity is unavailable and alternative sources (in particular wind) do not provide sufficient energy.

According to APO Research, The global Photovoltaic Pump market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of xx% during the forecast period 2024-2030.

India is the largest Photovoltaic Pump market with about 37% market share. Europe and China are follower, accounting for about 42% market share.

The key players are LORENTZ, Grundfos, CRI Group, Mono Pumps, Shakti Solar, Tata Power, Bright Solar, USL, Advanced Power, SAJ, Chinalight Solar, CEEG, Quoncion Solar, Komaes Solar, Solartech, MNE, Evergreen Group etc. Top 3 companies occupied about 34% market share.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Photovoltaic Pump, 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 Photovoltaic Pump.

The report will help the Photovoltaic Pump manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

The Photovoltaic Pump market size, estimations, and forecasts are provided in terms of sales volume (Units) 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 Photovoltaic Pump 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.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2019-2024. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:

LORENTZ
Grundfos
CRI Group
Mono Pumps
Shakti Solar
Tata Power
Bright Solar
USL
Advanced Power
SAJ
Chinalight Solar
CEEG
Quoncion Solar
Komaes Solar
Solartech
MNE
Evergreen Group

Photovoltaic Pump segment by Type
DC Surface Suction
AC Submersible
DC Submersible
AC Floating

Photovoltaic Pump segment by Application
Living Water
Agrirculture
Others

Photovoltaic Pump Segment by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Photovoltaic Pump market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Photovoltaic Pump and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Photovoltaic Pump.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, 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 3: Detailed analysis of Photovoltaic Pump manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: 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 5: Production/output, value of Photovoltaic Pump by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 6: Consumption of Photovoltaic Pump 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 7: 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 8: 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 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: 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 11: The main points and conclusions of the report.
Chapter 11: The main points and conclusions of the report.


1 Preface
1.1 Scope of Report
1.2 Reasons for Doing This Study
1.3 Research Methodology
1.4 Research Process
1.5 Data Source
1.5.1 Secondary Sources
1.5.2 Primary Sources
2 Market Overview
2.1 Product Definition
2.2 Photovoltaic Pump by Type
2.2.1 Market Value Comparison by Type (2019 VS 2023 VS 2030) & (US$ Million)
2.2.2 DC Surface Suction
2.2.3 AC Submersible
2.2.4 DC Submersible
2.2.5 AC Floating
2.3 Photovoltaic Pump by Application
2.3.1 Market Value Comparison by Application (2019 VS 2023 VS 2030) & (US$ Million)
2.3.2 Living Water
2.3.3 Agrirculture
2.3.4 Others
2.4 Global Market Growth Prospects
2.4.1 Global Photovoltaic Pump Production Value Estimates and Forecasts (2019-2030)
2.4.2 Global Photovoltaic Pump Production Capacity Estimates and Forecasts (2019-2030)
2.4.3 Global Photovoltaic Pump Production Estimates and Forecasts (2019-2030)
2.4.4 Global Photovoltaic Pump Market Average Price (2019-2030)
3 Market Competitive Landscape by Manufacturers
3.1 Global Photovoltaic Pump Production by Manufacturers (2019-2024)
3.2 Global Photovoltaic Pump Production Value by Manufacturers (2019-2024)
3.3 Global Photovoltaic Pump Average Price by Manufacturers (2019-2024)
3.4 Global Photovoltaic Pump Industry Manufacturers Ranking, 2022 VS 2023 VS 2024
3.5 Global Photovoltaic Pump Key Manufacturers, Manufacturing Sites & Headquarters
3.6 Global Photovoltaic Pump Manufacturers, Product Type & Application
3.7 Global Photovoltaic Pump Manufacturers, Date of Enter into This Industry
3.8 Global Photovoltaic Pump Market CR5 and HHI
3.9 Global Manufacturers Mergers & Acquisition
4 Manufacturers Profiled
4.1 LORENTZ
4.1.1 LORENTZ Photovoltaic Pump Company Information
4.1.2 LORENTZ Photovoltaic Pump Business Overview
4.1.3 LORENTZ Photovoltaic Pump Production, Value and Gross Margin (2019-2024)
4.1.4 LORENTZ Product Portfolio
4.1.5 LORENTZ Recent Developments
4.2 Grundfos
4.2.1 Grundfos Photovoltaic Pump Company Information
4.2.2 Grundfos Photovoltaic Pump Business Overview
4.2.3 Grundfos Photovoltaic Pump Production, Value and Gross Margin (2019-2024)
4.2.4 Grundfos Product Portfolio
4.2.5 Grundfos Recent Developments
4.3 CRI Group
4.3.1 CRI Group Photovoltaic Pump Company Information
4.3.2 CRI Group Photovoltaic Pump Business Overview
4.3.3 CRI Group Photovoltaic Pump Production, Value and Gross Margin (2019-2024)
4.3.4 CRI Group Product Portfolio
4.3.5 CRI Group Recent Developments
4.4 Mono Pumps
4.4.1 Mono Pumps Photovoltaic Pump Company Information
4.4.2 Mono Pumps Photovoltaic Pump Business Overview
4.4.3 Mono Pumps Photovoltaic Pump Production, Value and Gross Margin (2019-2024)
4.4.4 Mono Pumps Product Portfolio
4.4.5 Mono Pumps Recent Developments
4.5 Shakti Solar
4.5.1 Shakti Solar Photovoltaic Pump Company Information
4.5.2 Shakti Solar Photovoltaic Pump Business Overview
4.5.3 Shakti Solar Photovoltaic Pump Production, Value and Gross Margin (2019-2024)
4.5.4 Shakti Solar Product Portfolio
4.5.5 Shakti Solar Recent Developments
4.6 Tata Power
4.6.1 Tata Power Photovoltaic Pump Company Information
4.6.2 Tata Power Photovoltaic Pump Business Overview
4.6.3 Tata Power Photovoltaic Pump Production, Value and Gross Margin (2019-2024)
4.6.4 Tata Power Product Portfolio
4.6.5 Tata Power Recent Developments
4.7 Bright Solar
4.7.1 Bright Solar Photovoltaic Pump Company Information
4.7.2 Bright Solar Photovoltaic Pump Business Overview
4.7.3 Bright Solar Photovoltaic Pump Production, Value and Gross Margin (2019-2024)
4.7.4 Bright Solar Product Portfolio
4.7.5 Bright Solar Recent Developments
4.8 USL
4.8.1 USL Photovoltaic Pump Company Information
4.8.2 USL Photovoltaic Pump Business Overview
4.8.3 USL Photovoltaic Pump Production, Value and Gross Margin (2019-2024)
4.8.4 USL Product Portfolio
4.8.5 USL Recent Developments
4.9 Advanced Power
4.9.1 Advanced Power Photovoltaic Pump Company Information
4.9.2 Advanced Power Photovoltaic Pump Business Overview
4.9.3 Advanced Power Photovoltaic Pump Production, Value and Gross Margin (2019-2024)
4.9.4 Advanced Power Product Portfolio
4.9.5 Advanced Power Recent Developments
4.10 SAJ
4.10.1 SAJ Photovoltaic Pump Company Information
4.10.2 SAJ Photovoltaic Pump Business Overview
4.10.3 SAJ Photovoltaic Pump Production, Value and Gross Margin (2019-2024)
4.10.4 SAJ Product Portfolio
4.10.5 SAJ Recent Developments
4.11 Chinalight Solar
4.11.1 Chinalight Solar Photovoltaic Pump Company Information
4.11.2 Chinalight Solar Photovoltaic Pump Business Overview
4.11.3 Chinalight Solar Photovoltaic Pump Production, Value and Gross Margin (2019-2024)
4.11.4 Chinalight Solar Product Portfolio
4.11.5 Chinalight Solar Recent Developments
4.12 CEEG
4.12.1 CEEG Photovoltaic Pump Company Information
4.12.2 CEEG Photovoltaic Pump Business Overview
4.12.3 CEEG Photovoltaic Pump Production, Value and Gross Margin (2019-2024)
4.12.4 CEEG Product Portfolio
4.12.5 CEEG Recent Developments
4.13 Quoncion Solar
4.13.1 Quoncion Solar Photovoltaic Pump Company Information
4.13.2 Quoncion Solar Photovoltaic Pump Business Overview
4.13.3 Quoncion Solar Photovoltaic Pump Production, Value and Gross Margin (2019-2024)
4.13.4 Quoncion Solar Product Portfolio
4.13.5 Quoncion Solar Recent Developments
4.14 Komaes Solar
4.14.1 Komaes Solar Photovoltaic Pump Company Information
4.14.2 Komaes Solar Photovoltaic Pump Business Overview
4.14.3 Komaes Solar Photovoltaic Pump Production, Value and Gross Margin (2019-2024)
4.14.4 Komaes Solar Product Portfolio
4.14.5 Komaes Solar Recent Developments
4.15 Solartech
4.15.1 Solartech Photovoltaic Pump Company Information
4.15.2 Solartech Photovoltaic Pump Business Overview
4.15.3 Solartech Photovoltaic Pump Production, Value and Gross Margin (2019-2024)
4.15.4 Solartech Product Portfolio
4.15.5 Solartech Recent Developments
4.16 MNE
4.16.1 MNE Photovoltaic Pump Company Information
4.16.2 MNE Photovoltaic Pump Business Overview
4.16.3 MNE Photovoltaic Pump Production, Value and Gross Margin (2019-2024)
4.16.4 MNE Product Portfolio
4.16.5 MNE Recent Developments
4.17 Evergreen Group
4.17.1 Evergreen Group Photovoltaic Pump Company Information
4.17.2 Evergreen Group Photovoltaic Pump Business Overview
4.17.3 Evergreen Group Photovoltaic Pump Production, Value and Gross Margin (2019-2024)
4.17.4 Evergreen Group Product Portfolio
4.17.5 Evergreen Group Recent Developments
5 Global Photovoltaic Pump Production by Region
5.1 Global Photovoltaic Pump Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
5.2 Global Photovoltaic Pump Production by Region: 2019-2030
5.2.1 Global Photovoltaic Pump Production by Region: 2019-2024
5.2.2 Global Photovoltaic Pump Production Forecast by Region (2025-2030)
5.3 Global Photovoltaic Pump Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
5.4 Global Photovoltaic Pump Production Value by Region: 2019-2030
5.4.1 Global Photovoltaic Pump Production Value by Region: 2019-2024
5.4.2 Global Photovoltaic Pump Production Value Forecast by Region (2025-2030)
5.5 Global Photovoltaic Pump Market Price Analysis by Region (2019-2024)
5.6 Global Photovoltaic Pump Production and Value, YOY Growth
5.6.1 North America Photovoltaic Pump Production Value Estimates and Forecasts (2019-2030)
5.6.2 Europe Photovoltaic Pump Production Value Estimates and Forecasts (2019-2030)
5.6.3 China Photovoltaic Pump Production Value Estimates and Forecasts (2019-2030)
5.6.4 Japan Photovoltaic Pump Production Value Estimates and Forecasts (2019-2030)
6 Global Photovoltaic Pump Consumption by Region
6.1 Global Photovoltaic Pump Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
6.2 Global Photovoltaic Pump Consumption by Region (2019-2030)
6.2.1 Global Photovoltaic Pump Consumption by Region: 2019-2030
6.2.2 Global Photovoltaic Pump Forecasted Consumption by Region (2025-2030)
6.3 North America
6.3.1 North America Photovoltaic Pump Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
6.3.2 North America Photovoltaic Pump Consumption by Country (2019-2030)
6.3.3 U.S.
6.3.4 Canada
6.4 Europe
6.4.1 Europe Photovoltaic Pump Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
6.4.2 Europe Photovoltaic Pump Consumption by Country (2019-2030)
6.4.3 Germany
6.4.4 France
6.4.5 U.K.
6.4.6 Italy
6.4.7 Russia
6.5 Asia Pacific
6.5.1 Asia Pacific Photovoltaic Pump Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
6.5.2 Asia Pacific Photovoltaic Pump Consumption by Country (2019-2030)
6.5.3 China
6.5.4 Japan
6.5.5 South Korea
6.5.6 China Taiwan
6.5.7 Southeast Asia
6.5.8 India
6.5.9 Australia
6.6 Latin America, Middle East & Africa
6.6.1 Latin America, Middle East & Africa Photovoltaic Pump Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
6.6.2 Latin America, Middle East & Africa Photovoltaic Pump Consumption by Country (2019-2030)
6.6.3 Mexico
6.6.4 Brazil
6.6.5 Turkey
6.6.5 GCC Countries
7 Segment by Type
7.1 Global Photovoltaic Pump Production by Type (2019-2030)
7.1.1 Global Photovoltaic Pump Production by Type (2019-2030) & (Units)
7.1.2 Global Photovoltaic Pump Production Market Share by Type (2019-2030)
7.2 Global Photovoltaic Pump Production Value by Type (2019-2030)
7.2.1 Global Photovoltaic Pump Production Value by Type (2019-2030) & (US$ Million)
7.2.2 Global Photovoltaic Pump Production Value Market Share by Type (2019-2030)
7.3 Global Photovoltaic Pump Price by Type (2019-2030)
8 Segment by Application
8.1 Global Photovoltaic Pump Production by Application (2019-2030)
8.1.1 Global Photovoltaic Pump Production by Application (2019-2030) & (Units)
8.1.2 Global Photovoltaic Pump Production by Application (2019-2030) & (Units)
8.2 Global Photovoltaic Pump Production Value by Application (2019-2030)
8.2.1 Global Photovoltaic Pump Production Value by Application (2019-2030) & (US$ Million)
8.2.2 Global Photovoltaic Pump Production Value Market Share by Application (2019-2030)
8.3 Global Photovoltaic Pump Price by Application (2019-2030)
9 Value Chain and Sales Channels Analysis of the Market
9.1 Photovoltaic Pump Value Chain Analysis
9.1.1 Photovoltaic Pump Key Raw Materials
9.1.2 Raw Materials Key Suppliers
9.1.3 Photovoltaic Pump Production Mode & Process
9.2 Photovoltaic Pump Sales Channels Analysis
9.2.1 Direct Comparison with Distribution Share
9.2.2 Photovoltaic Pump Distributors
9.2.3 Photovoltaic Pump Customers
10 Global Photovoltaic Pump Analyzing Market Dynamics
10.1 Photovoltaic Pump Industry Trends
10.2 Photovoltaic Pump Industry Drivers
10.3 Photovoltaic Pump Industry Opportunities and Challenges
10.4 Photovoltaic Pump Industry Restraints
11 Report Conclusion
12 Disclaimer

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