Government Encouragement and Rebates on Solar Equipment is Driving Growth of Global Solar Pumps Market; Valuation to Reach US$3.1 Bn by 2027, Projects TMR

Government Encouragement and Rebates on Solar Equipment is Driving Growth of Global Solar Pumps Market; Valuation to Reach US$3.1 Bn by 2027, Projects TMR

PR Newswire

ALBANY, New York, March 20, 2020

- Increasing energy crisis across the globe is key in pushing up the use of solar pumps and thus driving the overall market development

- Solar revolution is increasingly becoming realty and not just remain mere concept as these solar pumps are being increasingly installed in key geographical regions

ALBANY, New York, March 20, 2020 /PRNewswire/ -- Transparency Market Research has published a new research report that provides detailed information about the overall working dynamics of the global solar pumps market. The research report shed light on the key segments, vendor landscape, and both driving as well as restraining factors of the global market. As per the research report, the global solar pumps market is projected to exhibit a highly promising growth rate of ~12% over the course of the given forecast period of 2019 to 2027. With such massive rate of development, the market was projected to reach valuation of US$1.3 Bn in 2019 and will touch a mark of US$3.1 Bn by the fall of 2027.


Global Solar Pumps Market – Key Takeaways

Explore a report with detailed research, incisive insights, and in-depth country levels estimations. Gain business intelligence on global Solar Pumps Market by Product Type: Submersible Pumps, Surface Pumps; Operation: AC Pumps and DC Pumps; Application: Agriculture, Drinking Water, Municipal Engineering, and Others. At

Global Solar Pumps Market – Prominent Growth Factors

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Global Solar Pumps Market – Prominent Growth Inhibitors

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Global Solar Pumps Market – Geographical Outlook

Analyze Solar Pumps market growth in 30+ countries including US, Canada, Germany, United Kingdom, France, Italy, Russia, Poland, Benelux, Nordic, China, Japan, India, and South Korea. Request a sample of the study.

Global Solar Pumps Market – Key Market Players

Some of the notable players in the global solar pumps market are Bernt Lorentz GmbH, Bright Solar Ltd., C.R.I. Pumps Private Limited, Dankoff Solar Pumps, and Greenmax Technology among others.

Market Segmentation is as follows

Global Solar Pumps Market by Product Type

Global Solar Pumps Market by Operation

Global Solar Pumps Market by Application

Global Solar Pumps Market by Region

Explore Transparency Market Research's award-winning coverage of the Global Factory Automation Industry:

Sewage Pump Market – The growing demand for clean water, along with the underlying mega-trend of population growth, is enhancing the demand for sewage pumps around the world. As of 2018, the value of the sewage pump market was US$ ~9.5 Bn, and it is expected to reach US$ ~16.9 Bn by 2027.

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