Skip to content

The Guardian Tribune

Menu
  • Market News
Menu

Solar Pumps Industry Is Expanding At A Stellar CAGR Of 12.1% By 2033

Posted on May 10, 2023 by admin

The global market for solar pumps is anticipated to grow from a value of US$ 1.5 billion in 2023 to US$ 4.7 billion by the end of 2033, with a fantastic CAGR of 12.1%.
By replacing diesel-powered or grid-based equipment, solar pumps contribute to environmental preservation. Diesel generators emit CO2 while running, and grid-based energy is frequently produced using coal, oil, or natural gas, all of which emit significant levels of CO2.

Systems for solar pumps don’t produce any greenhouse gases. As a result, the widespread deployment of solar pumps can substantially lower greenhouse gas emissions. These factors are driving global market growth for solar pumps.

Download Free Sample Copy of This Report: https://www.factmr.com/connectus/sample?flag=S&rep_id=4609?PS

According to the global Solar Pumps market report, cost structure analysis, income generation, growing sales techniques, and valuable growth expectations are the primary market drivers. Additionally, it assists with the study of the global market share, market segmentation, revenue growth projections, and geographical market regions. Businesses can obtain important data on the state of the local and international manufacturing markets as well as priceless advice and direction to propel the business toward growth and success. The convincing Solar Pumps market report, which places the market firmly in the center of attention, incorporates detailed research, market insights, and analysis.

Market Players:

  • SunTech Drive LLC
  • Advanced Power Inc.
  • Bernt Lorentz GmbH
  • Dankoff Solar
  • Grundfos
  • BW Solar
  • Vincent Solar Energy Company
  • Greenmax Technology
  • AQUA GROUP

Why is the United States Exhibiting High Sales of Solar Pumps?

In the upcoming years, the market in the United States is expected to increase significantly as a result of the rising need for renewable energy sources, particularly in the agriculture industry. Market expansion is being aided by rapid urbanization, an increase in PV panel installation, and a rise in the local supply of raw materials.

More over two million farms, or around 30% of the nation’s total land area, are estimated to exist in the country by the United States Department of Agriculture (USDA).

Key Segments of Solar Pumps Industry Research

  • By Type :
    • Submersible
      • Alternating Current (AC)
      • Direct Current (DC)
    • Surface
      • Alternating Current (AC)
      • Direct Current (DC)
  • By Capacity :
    • Below 4 HP
    • 4 to 6 HP
    • 6 to 8 HP
    • Above 8 HP
  • By Application :
    • Farming
      • Irrigation
      • Livestock
      • Aquaculture
    • Residential
      • Buildings
      • Drinking
    • Commercial
      • Swimming Pools
      • Pond Management
    • National Parks
    • Industry Water Treatment
  • By Region :
    • North America
    • Europe
    • Asia Pacific
    • Latin America
    • Middle East & Africa

Recent Posts

  • Increasing Demand For Submarine AIP System Market To Push Market Revenue Growth During 2023 – 2033 : Fact.MR
  • Process Chillers Market To Register Stellar Compound Annual Growth Rate Through 2023 – 2033 : Fact.MR
  • DNA Polymerase Market To Exhibit Significant Opportunity Assessment During Forecast Period 2023 – 2033 : Fact.MR
  • Sales of Filter Media Market To Increase from Top Use Industries During Forecast Period 2023 – 2033 : Fact.MR
  • Glaucoma Diagnostics Market Revenue To Witness Steady Growth Through 2023 – 2033 : Fact.MR

Recent Comments

No comments to show.

Archives

  • June 2023
  • May 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022

Categories

  • Business
  • Healthcare
  • Market News
  • News
  • Press Release
  • Uncategorized
©2023 The Guardian Tribune | Design: Newspaperly WordPress Theme