The Global Solar Agricultural Pump Market has a rate of CAGR of 9.40% in the forecast period 2022 to 2029
Global Solar Agricultural Pump Market-Global Industry Trends & Forecast to 2029
· Data Bridge Market Research analyses that the agricultural solar pump market which was growing at a value of USD 0.4 billion in 2021 and is expected to reach the value of USD 0.82 billion by 2029, at a CAGR of 9.40% during the forecast period of 2022-2029.
· Agricultural solar pumps are sustainable equipment because they use sunlight to pump water.
· Solar pumps are critical in rural or underdeveloped areas where there is no electric grid infrastructure.
· They are used to meet farmers' needs and maintain higher agricultural output.
· They are also widely used for irrigation of agricultural crops, which require large amounts of water.
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Market Analysis & Insight- Global Solar Agricultural Pump Market
The solar agricultural pump market is analysed and market size insights and trends are provided by country, of type, power source, horse power and end user as referenced above.
The countries covered in the solar agricultural pump market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
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Global Solar Agricultural Pump Market -Market Scope and Market Size
The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
· Rotodynamic Pumps
· Positive Displacement Pumps
Power source
· Electricity-grid Connection
· Diesel/Petrol, Solar
Horse power
· 5 -3
· 4-15
· 16-30
· 31-40
· 40
Application
· Watering
· Livestock
· Irrigation
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Competitive Landscape and Solar Agricultural Pump Market Share Analysis
The solar agricultural pump market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to solar agricultural pump market.
Some of the major players operating in the solar agricultural pump market are:
· Lorentz (Germany)
· R. I. Pumps Private Limited (India)
· Tata Power Solar Systems Ltd (India)
· Shakti Pumps Ltd (India)
· Wenling Jintai Pump Factory Limited (China)
· Bright Solar Limited (India)
· Grundfos Holding AG (Denmark)
· Symtech Solar (Oman)
· Urja Global Limited (India)
· Kavita Solar Energy Private Limited (India)
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