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#India Solar Water Pump Market Share
prenasper · 6 months
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Indian Solar Water Pump Market Revenue, Share, Industry Trends, Growth Strategy, Business Challenges, Opportunities and Future Investment till 2033: SPER Market Research
The India solar water pump market is witnessing remarkable growth driven by several factors. With increasing awareness of environmental sustainability and the need for energy-efficient solutions, there’s a growing demand for solar-powered water pumps. Key drivers include government initiatives promoting renewable energy adoption, such as subsidies, incentives, and favorable policies. Moreover, the rising cost of traditional energy sources and the unreliability of grid power in rural areas further propel market expansion. Additionally, the agricultural sector, which relies heavily on water pumps for irrigation, presents a significant market opportunity for solar water pump manufacturers.
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However, challenges such as high initial investment costs, limited access to financing, and technical complexities in installation and maintenance hinder market growth. Overcoming these challenges requires innovative financing mechanisms, skill development programs, and awareness campaigns to promote the benefits of solar water pumps. Despite challenges, the India solar water pump market holds immense potential for addressing water scarcity and promoting sustainable agriculture practices across the country.
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dh5ryxhgbctgr · 8 days
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Global Water Feature Pumps Market Trends and Strategic Development Study 2024 - 2031
The global water feature pumps market was valued at approximately $2.56 billion in 2023. It is projected to grow to $2.69 billion in 2024 and reach $4.0 billion by 2032. This growth represents a compound annual growth rate (CAGR) of about 5.08% during the forecast period from 2024 to 2032. As the demand for decorative water features and efficient pumping solutions increases, the water feature pumps market is set for significant expansion in the upcoming years.
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The global water feature pumps market is experiencing significant growth, driven by increasing urbanization, rising demand for aesthetically pleasing outdoor environments, and advancements in pump technology. This article explores the current trends, market dynamics, and future outlook of the water feature pumps market.
Overview of Water Feature Pumps
Water feature pumps are essential components in various applications, including fountains, ponds, waterfalls, and other decorative water installations. These pumps are designed to circulate water, ensuring optimal performance and aesthetic appeal.
Types of Water Feature Pumps
Submersible Pumps: These pumps are installed underwater and are commonly used in fountains and ponds. They are known for their efficiency and ability to operate quietly.
Inline Pumps: Positioned outside the water feature, inline pumps are ideal for larger installations where higher water flow rates are required.
Solar-Powered Pumps: With a focus on sustainability, solar-powered pumps have gained popularity for their eco-friendly operation and independence from electrical grids.
Market Dynamics
Drivers of Market Growth
Urbanization and Landscape Aesthetics: As cities expand, the demand for decorative water features in urban landscaping is on the rise, driving the need for efficient water pumps.
Technological Advancements: Innovations in pump design, such as energy-efficient models and smart technology integration, are enhancing performance and reliability.
Environmental Concerns: Increasing awareness of water conservation has led to the development of pumps that minimize water wastage while maximizing functionality.
Challenges Facing the Market
High Initial Costs: The upfront investment for high-quality pumps can be a barrier for some consumers, particularly in developing regions.
Maintenance Requirements: Regular maintenance is necessary to ensure optimal performance, which can deter potential buyers.
Competition from Alternative Solutions: The availability of alternative water management solutions may limit the growth of the water feature pumps market.
Regional Analysis
North America
North America holds a significant share of the water feature pumps market, driven by the popularity of outdoor water features in residential and commercial spaces. The region's advanced infrastructure and high disposable income support the adoption of innovative pump technologies.
Europe
Europe is characterized by a strong emphasis on environmental sustainability, which has led to a rising demand for solar-powered and energy-efficient pumps. The market is also bolstered by the region's rich historical and cultural landscapes that often feature elaborate water installations.
Asia-Pacific
The Asia-Pacific region is witnessing rapid urbanization and an increase in disposable income, resulting in a growing demand for residential water features. Countries like China and India are emerging as significant markets due to their expanding urban landscapes.
Future Outlook
The global water feature pumps market is expected to continue its upward trajectory, fueled by ongoing urban development and a growing preference for sustainable solutions. Key trends to watch include:
Integration of Smart Technologies: The incorporation of IoT (Internet of Things) technology in pump systems for enhanced monitoring and control.
Focus on Sustainability: An increasing shift towards eco-friendly pumps and water conservation practices.
Expansion of E-commerce: The rise of online platforms is making water feature pumps more accessible to consumers worldwide.
Conclusion
The global water feature pumps market is poised for growth, driven by urbanization, technological advancements, and environmental awareness. Stakeholders in the industry must navigate challenges while capitalizing on emerging trends to enhance market opportunities. As consumers continue to seek out aesthetic and functional water features, the demand for innovative and efficient pumps will only increase.
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businessindustry · 16 days
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Asia Pacific Industrial Pumps Market Growth, Size, Report by 2024 to 2032
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The Reports and Insights, a leading market research company, has recently releases report titled “Asia Pacific Industrial Pumps Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032.” The study provides a detailed analysis of the industry, including the Asia Pacific Industrial Pumps Market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights:
How big is the Asia Pacific Industrial Pumps Market?
The Asia Pacific industrial pumps market was valued at US$ 24.2 Billion in 2023 and is expected to register a CAGR of 4.9% over the forecast period and reach US$ 37.2 Bn in 2032.
What are Asia Pacific Industrial Pumps?                                                                                                                                                                            
Industrial pumps are machines used to transport fluids, including water, chemicals, oil, and slurry, across various industrial processes. They are essential in industries such as manufacturing, oil and gas, chemical processing, and water treatment, enabling the smooth flow of liquids to support different operations. Available in several types, like centrifugal, positive displacement, and diaphragm pumps, each is designed for specific tasks based on the fluid’s viscosity, required flow rate, and pressure. These pumps are vital for ensuring efficient, safe, and reliable performance in industrial environments.
Request for a sample copy with detail analysis: https://www.reportsandinsights.com/sample-request/2436
What are the growth prospects and trends in the Asia Pacific Industrial Pumps industry?
The Asia Pacific industrial pumps market growth is driven by various factors and trends. The industrial pumps market in the Asia Pacific region is seeing strong growth, propelled by rapid industrialization, infrastructure expansion, and increasing demand from industries such as water and wastewater management, oil and gas, chemicals, and power generation. Countries like China, India, and Japan are investing heavily in manufacturing and energy projects, driving the need for reliable and efficient pumping solutions. There is also a growing focus on energy-efficient and advanced pumps as industries seek to lower operational costs and improve productivity. Government efforts to enhance water infrastructure and adhere to environmental regulations are further contributing to the market's growth. Hence, all these factors contribute to Asia Pacific industrial pumps market growth.
What is included in market segmentation?
The report has segmented the market into the following categories:
By Product Type
Centrifugal Pump
Displacement Pumps
Reciprocating
Rotary
Peristaltic
Piston Pumps
Others
By Material
Stainless Steel
Bronze
Plastic
Others
By Drive Mechanism
Engine Driven
Electric Driven
By Application
Water Treatment
Irrigation Systems
Slurry Handling
Others
By End Use
Oil & Gas
Chemicals
Power Generation
Mining
Construction
Water and Wastewater Treatment
Others
Who are the key players operating in the industry?
The report covers the major market players including:
Schneider Electric
Tata Power Solar Systems Ltd.
Eaton
Solex Energy Limited
Boston Solar
ETAP
GE Vernova
ABB
S&C Electric Company
View Full Report: https://www.reportsandinsights.com/report/Asia Pacific Industrial Pumps-market
If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
About Us:
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Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
Contact Us:
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downincmi · 4 months
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District Heating Market Trends: Insights and Forecasts
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The district heating market provides efficient and environmentally-friendly heating solutions to the commercial and residential sectors. District heating systems utilize steam or hot water that is generated at a centralized location and distributed through a system of insulated pipes for space heating, water heating and process heating requirements. Key advantages of district heating include high efficiency from cogeneration of heat and power, reduction in primary energy consumption and carbon emissions compared to individual heating systems. The global district heating market is estimated to be valued at US$ 50.8 Bn in 2024 and is expected to exhibit a CAGR of 1.5% over the forecast period 2023 to 2030. Key Takeaways Key players operating in the district heating market are Vattenfall AB, SP Group, Danfoss Group, Engie, NRG Energy Inc., Statkraft AS, Logstor AS, Shinryo Corporation, Vital Energi Ltd, Göteborg Energi, Alfa Laval AB, Ramboll Group AS, Keppel Corporation Limited, FVB Energy. District heating demand is growing significantly across European countries due to strict emission norms and rising focus on efficient and clean heating solutions. Major players are expanding their district heating infrastructure and investments globally especially in Asia Pacific region to tap the growing demand for space and process heating from the industrial and commercial sectors. Market key trends One of the key trends in the district heating market is the increasing use of renewable and waste heat sources. With growing emphasis on reducing carbon footprint, district heating system operators are increasingly utilizing renewable energy sources like geothermal, solar, biomass along with waste heat from industries and data centers for cogeneration of heat and power. This is helping reduce the carbon intensity and primary energy consumption of district heating networks significantly. Vattenfall, Engie, Fortum are some leading players investing heavily in modernizing existing networks and designing new district heating systems based on renewable and waste heat resources to meet sustainability goals.
Porter’s Analysis
Threat of new entrants: The district heating market requires high initial investments to set up the infrastructure which acts as a deterrent for new players. However, some local level players can emerge in future. Bargaining power of buyers: The bargaining power of buyers is moderate as switching costs are high for customers who have already invested in district heating systems. However, alternative heating sources provide competition. Bargaging power of suppliers: A few large multinational companies dominate the supply of key equipment and components for district heating infrastructure. This gives them significant influence over prices. Threat of new substitutes: Alternate decentralized heating sources like gas boilers, heat pumps etc. pose a threat. However, district heating is more environment-friendly and gains support through policies in many countries. Competitive rivalry: The market sees healthy competition among the top players. Players compete based on technology, quality, reliability and pricing. Geographical regions with high market concentration
Europe accounts for the largest share of the district heating market, both in terms of value and volume. Countries like Germany, Poland, Sweden, Finland etc have a well-established district heating infrastructure. They have supportive policies and regulations in place to encourage the shift from fossil fuels to renewable sources for district heating. Fastest growing region
The Asia Pacific region is expected to grow at the fastest pace during the forecast period. Rapid urbanization and infrastructure growth is driving the demand. Countries like China, Japan and India are investing heavily in renewable energy-based district heating to meet their carbon reduction goals. Supportive government policies and norms in the region are boosting the adoption of new projects.
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Top BLDC Pump Manufacturers in India: Industry Overview
The pump industry in India is undergoing a significant transformation, driven by the increasing demand for energy-efficient and sustainable solutions. At the forefront of this revolution are Brushless DC (BLDC) pump manufacturers in India, offering superior performance, longevity, and reduced energy consumption compared to traditional AC pumps. This shift towards BLDC technology has spurred the growth of numerous manufacturers in India, catering to diverse sectors like agriculture, residential, industrial, and more.
Why BLDC Pumps are Taking Over
BLDC pumps boast several advantages that make them the preferred choice:
Energy Efficiency: BLDC motors eliminate energy losses associated with brushes and commutators, resulting in significantly lower power consumption.
Longer Lifespan: The absence of physical contact between components reduces wear and tear, extending the pump's operational life.
Precise Control: BLDC motors offer precise speed control, allowing for optimized performance and reduced energy waste.
Quieter Operation: BLDC motors run much quieter than traditional AC motors, minimizing noise pollution.
Key Players in the Indian BLDC Pump Market
The Indian BLDC pump market is witnessing healthy competition, with several established and emerging manufacturers vying for market share. While a comprehensive list is beyond the scope of this blog, here are a few noteworthy players:
Crompton Greaves: A leading name in the Indian electrical industry, Crompton Greaves offers a diverse range of BLDC pumps for various applications.
Kirloskar Brothers Limited: A renowned pump manufacturer with a global presence, Kirloskar has integrated BLDC technology into its portfolio.
CRI Pumps: Another major player, CRI Pumps offers a comprehensive range of energy-efficient BLDC pumps for agricultural and domestic use.
PV Clean Mobility Technologies: Focusing on innovation and sustainability, PV Clean Mobility Technologies is a rising star in the BLDC pump market. They specialize in high-performance BLDC pumps designed for solar applications, contributing significantly to off-grid and sustainable water pumping solutions.
The Future of BLDC Pumps in India
The future of the BLDC pump market in India looks bright. Growing awareness regarding energy conservation, government initiatives promoting sustainable technologies, and increasing adoption of solar-powered solutions are driving the demand for BLDC pumps. As the technology matures and production costs decrease, BLDC pumps are poised to become the industry standard, paving the way for a more sustainable and energy-efficient future.
PV Clean Mobility Technologies: A Champion of Sustainable Pumping
PV Clean Mobility Technologies stands out as a company dedicated to driving sustainable solutions. Their focus on solar-powered BLDC pumps showcases their commitment to reducing carbon footprints and promoting off-grid water access. Their innovative solutions cater to a wide range of applications, including:
Agriculture: Providing reliable and energy-efficient irrigation solutions for farmers.
Residential: Delivering clean water access to homes, even in remote areas.
Industrial: Supporting various industrial processes with efficient and reliable pumping systems.
With its focus on quality, innovation, and sustainability, PV Clean Mobility Technologies is well-positioned to play a significant role in shaping the future of the Indian BLDC pump market.
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chemicalsectorupdates · 6 months
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Unlocking the Potential of Renewable Energy in District Heating: Market Analysis
District Heating Market will witness highest growth driven by Infrastructural Developments The global district heating market is estimated to be valued at US$ 50.8 Bn in 2024 and expected to exhibit a CAGR of 1.5% over the forecast period 2023 to 2030. District heating refers to the distribution of steam, hot water or chilled water from a central plant for residential and commercial heating requirements such as space heating and water heating. It is considered an efficient method to heat multiple buildings through a system of insulated pipes which transfers heat generated from centralized location through steam or hot water. District heating is advantageous as it provides reliable and sustainable method of heating with greater efficiency while minimizing carbon footprint. Key Takeaways Key players operating in the district heating market are Vattenfall AB, SP Group, Danfoss Group, Engie, NRG Energy Inc., Statkraft AS, Logstor AS, Shinryo Corporation, Vital Energi Ltd, Göteborg Energi, Alfa Laval AB, Ramboll Group AS, Keppel Corporation Limited, and FVB Energy. The global demand for district heating is growing due to rising energy demand from industrial, commercial and residential sectors. Technological advancements such as operation optimization, automation and integration of renewable energy are improving the efficiency of district heating systems. Market Trends The district heating market is witnessing growing focus on renewable energy and low carbon fuels to integrate sustainable heating solutions. Most district heating utilities are investing in renewable technologies such as solar thermal, geothermal, biomass and heat pumps. Secondly, the development of fourth-generation district heating is gaining momentum which utilizes lower temperature heat sources that can be extracted from sewage, ambient heat from rivers and lakes. Market Opportunities Rising investments in infrastructural development of smart cities and urbanization in developing countries provide lucrative opportunities. Advancing technology will play a vital role to develop efficient and low-cost systems. Growing awareness regarding environment protection and policies promoting use of renewable energy will further drive the adoption of district heating solutions. Geographical Concentration of District Heating Market In terms of value, Europe accounts for the largest share of the global district heating market, led by countries like Germany, Poland, Sweden, Denmark and Russia. Europe has a well-established district heating infrastructure serving over 60% of residential heating demand. Central and Eastern European countries are actively investing in network expansion driven by low carbon targets. Asia Pacific is recognized as the fastest growing regional market for district heating globally. Rapid urbanization and industrialization are driving the demand in China, India and Southeast Asian nations. Supportive policies and incentives are encouraging adoption of district heating especially in northern China provinces. Development of new systems integrated with renewable energy and waste heat recovery will accelerate the market growth in Asia Pacific.
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sjsuraj · 8 months
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Increasing from US$ 11.68 billion in 2023, FMI predicts that the global submersible pump market could reach US$ 19.39 billion by 2033. Between 2023 and 2033, submersible pump sales are expected to register a 5.2% CAGR. The key drivers of the expansion of the submersible pump market worldwide are the population boom of the globe and the rise in residential housing. Growing water constraints impact the water system installation, which in turn fuels market expansion. The market is being driven by factors like increased infrastructure investment and quick industrialization. Submersible pumps are becoming more widely used as manufacturers search for dependable and affordable fluid lifting choices in all production settings. Gain expert insights and supercharge your growth strategies. Request our market overview sample now https://www.futuremarketinsights.com/reports/sample/rep-gb-817 In the upcoming years, it is projected that businesses may benefit greatly from the development of strong goods that can lift big amounts of fluid. Given the growing need for electricity throughout the world, pumps have become an essential component of power plants. Deepwater exploration activity expansion and an increase in subsea operations are two variables that are anticipated to provide this industry with a wealth of growth prospects. The improvement of drinking water infrastructure in both urban and rural areas is a top priority for many governments in growing countries. Due to this, there has been an increase in the exploration of water resources, which is anticipated to increase demand for submersible pumps with increased capacity and efficiency for home and agricultural usage. As maximum places on earth still don’t have access to the fundamental convenience of flowing water, desalinization programs are also anticipated to aid in the usage of submersible pumps. Consequently, throughout the forecast period, these factors are anticipated to fuel the expansion of the global submersible pump market. Distributors sell the bulk of small and medium-sized submersible pumps. End users or consumers are more likely to choose distributors of submersible pumps that offer engineering expertise, after-sales services, and end-to-end solutions to satisfy their unique needs. Maximum global players use the strategy of growing tie-ups with local and regional distributors to build local networks. Submersible pump demand is still widely influenced by rising energy costs. Solar-powered submersible pumps are being adopted by more and more sectors because they provide considerable operational cost advantages. Pump motors make up about 15% of the total energy used by submersible pumps globally. The development of comparatively small and effective submersible pumps is made possible by micro disc pumping technology. Compact and energy-efficient pumps are anticipated to have substantial growth in demand in the coming years as a result of the growing trend toward size reduction. China and India are the two countries that contribute significantly to the Asia Pacific region, which holds the maximum market share for submersible pumps worldwide. These nations are experiencing a surge in industrial activity, which is driving up demand for products like chemicals and crude oil, among other things. The capacity for processing crude oil in the Asia Pacific region is anticipated to increase significantly thanks to China. By 2025, the nation is anticipated to contribute significantly to the region’s overall refining growth capacity. This is likely to increase the need for submersible pumps in the region.
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digitrenndsamr · 8 months
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Solar Water Heater Market: Transitioning to Sustainable Heating Solutions (2020-2027)
The global solar water heater market is heading toward an expansion phase. This is attributed to a significant surge in demand from residential and commercial end users. In addition, a rise in concern from governments across emerging nations, such as China, India, and South Korea, regarding zero-emission norms is expected to drive market growth. The global solar water heater market was valued at $4.7 billion in 2019 and is projected to reach $6.7 billion by 2027, growing at a CAGR of 6.1% from 2020 to 2027.
𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐟𝐨𝐫 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅: https://www.alliedmarketresearch.com/request-sample/8322
The solar water heater is a device, which captures sunlight to heat water. It collects heat with the help of a solar collector, and the heat is passed to the water tank with the help of a circulating pump. It helps in energy consumption as solar power is free in contrast to natural resources such as natural gas or fossil fuels.
The surge in demand for water heating systems in isolated and rural areas is anticipated to propel the market growth. Small-scale solar water heaters are predominately used in rural areas due to their low cost and high efficiency in various climate conditions. For instance, China has around 5,000 small & medium-scale solar water heater manufacturers and most of them serve in rural areas. In addition, substantial government support in terms of rebates and energy schemes is expected to further attract new customers, thereby enhancing the market growth.
Based on type, the glazed segment emerged as the market leader, owing to the high absorption efficiency of glazed collectors compared to unglazed collectors. However, the high price of glazed collectors may restrict their usage for small-scale applications.
𝐆𝐞𝐭 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐞𝐝 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐰𝐢𝐭𝐡 𝐲𝐨𝐮’𝐫𝐞 𝐑𝐞𝐪𝐮𝐢𝐫𝐞𝐦𝐞𝐧𝐭𝐬: https://www.alliedmarketresearch.com/request-for-customization/8322
Based on capacity, the 100-liter capacity segment accounted for a significant market share. This is attributed to the rise in demand in the residential sector. A low-cost solar water heater with a 100-liter capacity is sufficient for a family of 2-3 members in residential buildings.
𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬:
The Solar Water Heater industry's key market players adopt various strategies such as product launch, product development, collaboration, partnership, and agreements to influence the market. It includes details about the key players in the market's strengths, product portfolio, market size and share analysis, operational results, and market positioning.
𝐒𝐨𝐦𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐦𝐚𝐣𝐨𝐫 𝐤𝐞𝐲 𝐩𝐥𝐚𝐲𝐞𝐫𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐠𝐥𝐨𝐛𝐚𝐥 𝐒𝐨𝐥𝐚𝐫 𝐖𝐚𝐭𝐞𝐫 𝐇𝐞𝐚𝐭𝐞𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐢𝐧𝐜𝐥𝐮𝐝𝐞,
Jiangsu Sunpower Solar Technology Co.,ltd Zhejiang JiaDeLe Solar Energy Co., Ltd. Solahart, Solav Energy A. O. Smith India Water Products Pvt. Ltd. Alternate Energy Technologies, KODSAN Himin Solar Energy Group Ariston Thermo SpA V-Guard Industries Ltd
The residential solar water heater segment accounted for a significant market share, owing to robust investment in the construction sector for the re-establishment and refurbishment of buildings. Most of these new buildings have solar collectors installed on the roof, which are connected to the water tank by means of a circulating pump.
North America accounted for a significant market share, owing to favorable government measures to promote solar power technologies for residential and commercial places.
𝐈𝐧𝐪𝐮𝐢𝐫𝐲 𝐛𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠: https://www.alliedmarketresearch.com/purchase-enquiry/8322
𝐊𝐞𝐲 𝐟𝐢𝐧𝐝𝐢𝐧𝐠𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐬𝐭𝐮𝐝𝐲:
- Glazed sola water heater is projected to grow at the highest CAGR of approximately 6.2%, in terms of revenue, during the forecast period. - By capacity, the others segment is anticipated to grow with a CAGR of 8.2%, in terms of revenue, during the forecast period. - The Asia-pacific dominated the market with around 55% revenue shares in 2019.
𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐢𝐧 𝐄𝐧𝐞𝐫𝐠𝐲 𝐚𝐧𝐝 𝐏𝐨𝐰𝐞𝐫 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲:
𝟏. 𝐄𝐥𝐞𝐜𝐭𝐫𝐢𝐜 𝐖𝐚𝐭𝐞𝐫 𝐇𝐞𝐚𝐭𝐞𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 - https://www.globenewswire.com/news-release/2021/10/18/2315804/0/en/Global-Electric-Water-Heater-Market-to-Reach-40-1-Billion-by-2030-Allied-Market-Research.html
𝟐. 𝐒𝐩𝐚𝐜𝐞-𝐁𝐚𝐬𝐞𝐝 𝐒𝐨𝐥𝐚𝐫 𝐏𝐨𝐰𝐞𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 - https://www.globenewswire.com/news-release/2021/10/12/2312246/0/en/Global-Space-Based-Solar-Power-Market-To-Reach-902-2-Million-by-2030-Allied-Market-Research.html
𝟑. 𝐏𝐞𝐫𝐨𝐯𝐬𝐤𝐢𝐭𝐞 𝐒𝐨𝐥𝐚𝐫 𝐂𝐞𝐥𝐥 𝐌𝐚𝐫𝐤𝐞𝐭 - https://www.prnewswire.com/news-releases/perovskite-solar-cell-market-to-reach-6-6-bn-globally-by-2030-at-32-4-cagr-amr-301407400.html
𝐀𝐛𝐨𝐮𝐭 𝐔𝐬:
Allied Market Research is a top provider of market intelligence that offers reports from leading technology publishers. Our in-depth market assessments in our research reports take into account significant technological advancements in the sector. In addition to other areas of expertise, AMR focuses on the analysis of high-tech systems and advanced production systems. We have a team of experts who compile thorough research reports and actively advise leading businesses to enhance their current procedures. Our experts have a wealth of knowledge on the topics they cover. Also, they use a variety of tools and techniques when gathering and analyzing data, including patented data sources.
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rupalic · 8 months
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Latest Innovation in Agricultural Pump Market
The report "Agricultural Pump Market by Type (Rotodynamic Pumps, Positive Displacement Pumps), Power Source (Electricity-grid Connection, Diesel/Petrol, Solar), HP, End-Use (Irrigation, Livestock Watering), and Region – Global Forecast to 2025" size is estimated to be valued at USD 4.2 billion in 2020. It is projected to reach a value of USD 6.1 billion by 2025, growing at a CAGR of 7.6% during the forecast period. Factors such as increasing land being brought under irrigation, rising adoption of modern agricultural practices in developing countries, government support in the adoption of new agricultural equipment and technology, increased rate of mechanization, and the advent of big data in agricultural farms are some of the factors that are driving the growth of the market. However, the operation of pumps in fragmented landholdings and high maintenance costs are some of the factors hindering the growth of this market.
Asia Pacific is projected to hold the largest market share during the forecast period
Asia Pacific is the largest share of the global agricultural pumps market due to the presence of some of the major agricultural crop producers, such as China, India, and South Korea, which have large population sizes that demand various varieties of crop products to meet their consumption requirements. This has led to an increase in the land being brought under cultivation, which leads to the growing demand for agricultural pumps.
This report includes a study on the marketing and development strategies, along with a study on the product portfolios of the leading companies operating in the agricultural pumps market. It consists of the profiles of the leading companies such as Xylem Inc. (US), Grundfos (Denmark), Kirloskar Brothers Limited (India), KSB SE (Germany), Valmont Industries (US), Jain Irrigation Systems (India), Franklin Electric (US), WILO (Germany), Shakti Pumps Ltd (India), and Shimge Pump Industry Group Co., Ltd (China).
Speak to the Analyst: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=223029062
The irrigation segment, by end-use, is estimated to hold the largest revenue share in the agricultural pumps market in 2020
The agricultural pumps market, by end-use, has been segmented into irrigation and livestock watering. With the increasing population and subsequent rise in demand for food, there has been an increase in the land area being brought under irrigation due to which a complementary demand pattern can be witnessed for agricultural pumps. The major portion of the water withdrawals made across the globe caters to the agricultural sector, and within the agricultural sector, it is used for irrigation purposes.
The electricity grid-connection segment, by power source, is estimated to account for the largest revenue share of the agricultural pumps market in 2020
There are three main sources of power for agricultural pumps, namely electricity grid-connection, diesel/petrol, and solar. While many growing markets, such as South America, the Middle East, and Africa, make use of conventional energy sources such as oil, gas, and coal for driving pumps. However, in regions such as Asia Pacific, Europe, and North America, the market for electricity grid-connections is higher, as it is being provided at a subsidized rate to the farmers. The use of electric pumps is more efficient and cost-effective as compared to that of diesel/petrol pumps.
The markets for agricultural pumps in the range of 4 hp-15 hp, by power source, is estimated to account for the largest share of the agricultural pumps market in 2020
The agricultural sector makes use of pumps varying in the range based on the depth of area from which the water has to be sourced or the distance from water sources, such as reservoirs, rivers, lakes, and dams. The most used type of agricultural pumps is in the range of 4hp -15hp due to its widespread application in irrigation activities of small and medium-sized landholdings. Since, in the agricultural sector, most of the available land is fragmented, it is convenient and cost-effective to make use of pumps of this range.
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Industrial Revolution 4.0: Revolutionizing the Commercial Boiler Market Landscape
Commercial boilers are useful in generating hot water and steam for various needs in large commercial buildings including hospitals, hotels, offices and other similar structures. These boilers are known for their high efficiency and reliability in delivering mass volumes of hot water or steam. With rapid urbanization and growing construction of multi-storied commercial buildings worldwide, the demand for commercial boilers is witnessing a substantial increase.
The global commercial boiler Market is estimated to be valued at US$ 15 Billion in 2023 and is expected to exhibit a CAGR of 4% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights. Market Opportunity: Rising Infrastructural Developments Across Regions Countries around the world are investing heavily in large-scale infrastructural projects including building new airports, hospitals, hotels, commercial complexes and expanding cityscapes. This rapid infrastructure growth is notably driven by industrialization and urbanization in emerging economies of Asia Pacific and Middle East & Africa. With a multitude of residential as well as commercial spaces under construction, the demand for heating, ventilation and air conditioning (HVAC) equipment including commercial boilers is expected to rise significantly. Steam/hot water generated by commercial boilers find extensive applications across various needs in commercial buildings like space heating, kitchen purpose, laundry, sanitization etc. Therefore, ongoing infrastructure boom across both developed and developing regions provides lucrative market opportunity for commercial boiler manufactures in the coming years. Porter’s Analysis 1. Threat of new entrants: The commercial boiler market has moderate threat of new entrants due to high capital requirements. Established players hold major market share due to brand recognition and wide distribution network. 2. Bargaining power of buyers: Buyers in the commercial boiler market have moderate bargaining power due to availability of substitutes. However, performance and energy efficiency are key decision factors. 3. Bargaining power of suppliers: A few major component suppliers influence prices of raw materials like steel and electronics. Supplier concentration is moderate to high. 4. Threat of new substitutes: Alternatives like heat pumps and solar water heating pose minimal threat currently due to reliability issues and higher costs. Technology advancement can increase substitution threat over the long run. 5. Competitive rivalry: The commercial boiler market has high rivalry among major global brands. Players compete based on product quality, pricing, energy efficiency, and service. SWOT Analysis 1. Strength: Commercial boilers provide reliable and cost-effective steam/hot water. Established brands have strong distribution network and customer loyalty. 2. Weakness: High installation and maintenance costs reduce profit margins. Lack of skilled workforce is a challenge. 3. Opportunity: Growing non-residential construction sector especially in Asia Pacific and Middle East creates demand. Advances in IoT, connectivity and remote monitoring present new opportunities. 4. Threats: Stringent emission norms across regions increase compliance costs. Shift towards renewable energy poses competitive threats over the long term. Key Takeaways The global commercial boiler market is expected to witness high growth. The global commercial boiler Market is estimated to be valued at US$ 15 Billion in 2023 and is expected to exhibit a CAGR of 4% over the forecast period 2023-2030.
The Asia Pacific region dominates the market currently due to high industrial and commercial construction activities in China, India, and Southeast Asia. Rapid urbanization and rising need for space heating in colder regions also contribute to demand. North America and Europe are major markets for commercial boilers owing to cold climate and extensive industrial base. Strict regulatory environment in these regions regarding emission norms is a key factor for technology upgradation among players. Key players: Key players operating in the commercial boiler market are Babcock & Wilcox Enterprises, Fulton Boiler Works, Hurst Boiler and Welding Co, Clayton Industries, Bosch Thermotechnology, Cochran Ltd., Mitsubishi Hitachi Power Systems, Parker Boiler Company, Slant/Fin Corporation, Weil-McLain, A.O. Smith.
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youngthingllama · 9 months
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Shakti Pumps: Renewable Energy Solutions and Innovative Pump Manufacturing
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Shakti Pumps (India) Limited, a pioneer in energy-efficient pump and motor manufacturing since 1982, has been at the forefront of providing innovative renewable energy solutions, particularly for the agriculture sector. With a robust commitment to research and development (R&D), the company allocates 3-4% of its net profit to foster innovation, making it the driving force behind its operations.
Situated in central India at Pithampur, Madhya Pradesh, Shakti Pumps boasts a state-of-the-art manufacturing facility with an impressive annual capacity of 5 lakh pumps. Over the years, the company has witnessed a consistent growth trajectory, solidifying its position as one of India's leading pump exporters. Shakti Pumps proudly exports its products to over 120 countries, reflecting its global impact.
The diverse product portfolio of Shakti Pumps caters to a wide array of applications, including agriculture, irrigation, industrial processes, pressure boosting in high-rise buildings, rural/urban community water supply schemes, waste and sewage water treatments, and firefighting.
With over three decades of experience in the pumping industry, Shakti Pumps stands as one of the world's most quality-driven pump manufacturers. The company has secured a dominant position in the domestic solar pump industry, commanding an impressive 40% market share in the PM-KUSUM scheme—a visionary initiative by the Government of India to integrate solar power into the agriculture sector.
Shakti Pumps remains committed to ongoing research and development projects, leading to the creation of new-age, energy-efficient pumping solutions. The product portfolio encompasses cutting-edge products such as solar energy-operated pumps, electric pumps, and solutions tailored for the agriculture, industrial, and commercial sectors. The company's dedication to innovation is underscored by 28 patent applications, with recent grants solidifying its status as a leading renewable energy solutions provider.
Leveraging 30 years of expertise in manufacturing electric motors and 5 years in power electronics equipment, Shakti Pumps has recently expanded its horizons. The company announced its foray into the electric vehicle (EV) segment by incorporating a wholly-owned subsidiary. This strategic move involves the manufacture of Motors, Chargers, Controllers, and Multi-Application Component Variable Frequency Drives (VFDs) for Electric Vehicles.
Shakti Pumps' commitment to sustainability and technological advancement is further reflected in its comprehensive product line, featuring Submersible Pumps, Vertical Multistage Centrifugal Pumps, Monoblock End Suction Pumps, and Solar Pumps. These products showcase the company's dedication to providing efficient and advanced solutions to meet the evolving needs of various industries, setting Shakti Pumps apart as a leader in the renewable energy sector.
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themarketinsights · 10 months
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Agriculture Solar Pumps Market Giants Spending Is Going To Boom
Latest released the research study on Global Agriculture Solar Pumps Market, offers a detailed overview of the factors influencing the global business scope. Agriculture Solar Pumps Market research report shows the latest market insights, current situation analysis with upcoming trends and breakdown of the products and services. The report provides key statistics on the market status, size, share, growth factors of the Agriculture Solar Pumps The study covers emerging player’s data, including: competitive landscape, sales, revenue and global market share of top manufacturers are GRUNDFOS (Denmark), Jain Irrigation Systems Ltd (India), PM Pumpmakers GmbH (Germany), Bernt Lorentz GmbH (Germany), Bright Solar Ltd. (India), C.R.I. Pumps Private Limited (India), Greenmax Technology (India), Schneider Electric SE (France), Shakti Pumps Ltd. (India), Tata Power Solar Systems Ltd. (India)
Free Sample Report + All Related Graphs & Charts @: https://www.advancemarketanalytics.com/sample-report/31809-global-agriculture-solar-pumps-market
Agriculture Solar Pumps Market Definition:
A solar water pump system is an electrical pump system with one or more Photo-Voltaic (PV) panels providing electricity for operating the pump. The application of a solar panel array is driven by an electric motor, which then powers a bore or surface pump in a conventional solar-powered pumping system. Because the water is frequently pumped from the ground or a stream into a storage tank that provides a gravity feed, these systems do not require energy storage. The centrifugal pump, which uses high-speed spinning to suck water in through the middle of the pump, is one of the two primary types of solar water pump technology. A centrifugal impeller is used in most traditional Alternating Current (AC) pumps. The pump's performance, on the other hand, plummets when it is operated at low power. This makes centrifugal pumps less suited for solar applications, as little power is expected owing to cloudy weather; and b) the positive displacement pump, which transfers water via a piston. Positive displacement pumps, which carry water into a chamber and then force it out using a piston or helical screw, are used in many solar water pumps. These pumps pump at a slower rate than other varieties, but they work well under low-power situations and can generate significant lift. Solar pumps must be as efficient as feasible due to the high cost of PV and the fact that it is an intermittent power source. The amount of water pushed per watt of electricity utilized is the pump's efficiency.
Market Trend:
Growing Demand from the Rural Regions
Growing adoption due to high benefits such as Low maintenance and No fuel costs
Market Drivers:
Rising demand from the irrigation sectors
The availability of government funds for solar pumps
High Adoption in Sunny Nations like Australia and Most Countries in Africa
Market Opportunities:
Increasing renewable energy generations
Rising Adoption of Precision Agriculture and Sustainable Practices
The Global Agriculture Solar Pumps Market segments and Market Data Break Down are illuminated below:
by Type (Submersible {AC, DC}, Surface {AC, DC}), Pressure Capacity (Low Pressure, Medium Pressure, High Pressure), Capacity (Below 4 HP, 4 – 6 HP, 6-8 HP, Above 8 HP)
Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa
Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.
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Strategic Points Covered in Table of Content of Global Agriculture Solar Pumps Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Agriculture Solar Pumps market
Chapter 2: Exclusive Summary – the basic information of the Agriculture Solar Pumps Market.
Chapter 3: Displayingthe Market Dynamics- Drivers, Trends and Challenges of the Agriculture Solar Pumps
Chapter 4: Presenting the Agriculture Solar Pumps Market Factor Analysis Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying market size by Type, End User and Region 2015-2020
Chapter 6: Evaluating the leading manufacturers of the Agriculture Solar Pumps market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by manufacturers with revenue share and sales by key countries (2021-2026).
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source
Finally, Agriculture Solar Pumps Market is a valuable source of guidance for individuals and companies in decision framework.
Data Sources & Methodology The primary sources involves the industry experts from the Global Agriculture Solar Pumps Market including the management organizations, processing organizations, analytics service providers of the industry’s value chain. All primary sources were interviewed to gather and authenticate qualitative & quantitative information and determine the future prospects.
In the extensive primary research process undertaken for this study, the primary sources – Postal Surveys, telephone, Online & Face-to-Face Survey were considered to obtain and verify both qualitative and quantitative aspects of this research study. When it comes to secondary sources Company's Annual reports, press Releases, Websites, Investor Presentation, Conference Call transcripts, Webinar, Journals, Regulators, National Customs and Industry Associations were given primary weight-age.
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loomsolarblog · 1 year
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Top 10 Solar Panel Manufacturers in India
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Here you will find the list of top 10 Solar Panel manufacturers in India 2023 who are the big name in the solar industry from last many years. These top 10 solar companies continuously provide the best quality products and services contribute to energy efficiency and environment to promote more sustainable future.
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TATA POWER SOLAR
Tata solar power one of the leading and oldest market player in solar industry over the last 3 decades. TATA is providing the solar solution to residential, commercial, and industrial level. Tata Power and is known for producing high-quality solar panels and solar cells, solar modules, solar water pumps and solar-related products.
ADANI SOLAR
Adani Solar is one of the largest solar panel manufacturers in India, and it’s a part of the Adani Group. Adani is ranked among in the top position of top 10 solar panel manufacturers in India engaged in the manufacturing of solar products in India. Adani Solar is known for making good-quality solar panels and helping India use more clean energy from the sun. Adani solar is under the 15 utilities worldwide. The company offers different type and latest technology MONO PERC solar panel to promote solar energy.
LOOM SOLAR
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Loom solar is India’s leading solar company and ranked among top 10 solar companies in India, who is the manufacturer of monocrystalline and bifacial solar panels. Which has 22% to 25% higher efficiency then the normal or other brand solar panel. Loom solar also manufacturer the lithium battery and hybrid solar inverters and multi solar products at best competitive price. The company is offering solar solutions to homes and business with the EMI and loan facility on the PAN India level.
VIKRAM SOLAR
Vikram Solar company was founded in 2006 and is now a leading top 10 solar panel manufacturer in India of solar photovoltaic (PV) modules and a provider of solar energy solutions in India. Vikram Solar’s product portfolio includes solar PV modules, rooftop solar power plants, solar water pumps, and solar streetlights.
WAAREE SOLAR
The company has become a major player in the solar industry, offering a range of solar products and solutions such as solar modules, inverters, pumps, and lighting systems. Waaree Energies has a production capacity of 2 GW of solar panels annually and has a wide distribution network across India and abroad.
JAKSON
Jakson solar is established in 1947 and ranked among top 10 solar companies in India. It is a well-established company in the energy sector, including solar panel manufacturing. Thery is known for their hybrid solar products. The company has a worldwide presence.
GOLDI SOLAR
Goldi Solar is known for its high-efficiency solar panels and is a leading player in the Indian solar industry. People use Goldi Solar panels to get clean and green energy from the sun. Goldi Solar can make a lot of solar panels every year, about 2.5 billion watts! They also want to make even more, about 2 billion watts more by 2023. This means they’ll have even more solar panels to use the sun’s power to make electricity.
INDOSOLAR
Indosolar is another prominent player in the Indian solar panel manufacturing industry and known as top 10 energy companies in India. They are the one of the top manufacturers of solar panels and cells.
RENEESYS
RenewSys is a part of the Enpee Group and manufactures both solar cells and modules. They make everything for solar panels, like special parts and the panels themselves. They have two factories in India and share their solar power stuff with 40 other countries around the world.
MICROTEK
Microtek Solar has lots of solar stuff for regular people and businesses. They use the newest solar technology to make things work well. They have solar panels, power machines, and other special solar packages to help people use clean energy from the sun.
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zeroloss · 1 year
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Solar Pump Market set for 2027 Upswing
The global solar pump market was valued at $1.21 billion in 2019, and is projected to reach $2.05 billion by 2027, registering a CAGR of 6.8% from 2020 to 2027.
The key players involved in the global solar pump industry are Vincent Solar Energy, TATA Power Solar Systems Ltd., Shakti pump, CRI Pump Pvt. Ltd., Oswal Pump Ltd., LORENTZ, The Lubi Group, Samking Pump Company, Greenmax Technology, and AQUA GROUP.
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The global solar pump market is segmented into product, end-user industry, operation, and region. On the basis of product, the market is divided into surface suction, submersible, and floating. The submersible and surface suction segments collectively accounted for around 83.3% market share in 2019, with the former constituting around 55.3% share.
By end-user industry, the solar pump market trends are studied across agriculture, water
management, and others. The agriculture segment was the highest contributor to the market, and is expected to grow at a CAGR of 7.2% during the forecast period. Countries in Asia-Pacific, such as India, are increasingly installing solar pump for water irrigation purpose.
Region wise, the solar pump market size is segmented into North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific and Europe collectively accounted for around 77.1% share in 2019, with the former constituting around 55.0% share. Europe and North America are expected to witness considerable CAGRs of 8.5% and 7.3%, respectively, during the forecast period.
The cumulative solar pump market share of these two segments was 37.5% in 2019, and is anticipated to reach 41.0% by 2027.
Over the last few years, the solar water pump market has been developing at a considerable pace. This was attributed to low cost of low price of PV panels, strong presence of solar water pump producers, and high awareness of solar water pumping, due to various country and local governments’ regulations to promote production of energy from renewable sources to reduce dependency on fossil fuels and minimize the emission of pollutants. Rapid development of PV technology has benefited the market by decreasing the price of solar water pump.
Developing nations are providing opportunity for the growth of the solar water pump market, as major adoption of solar pump has been witnessed in Asia-Pacific, particularly in India, China, and Japan. This is majorly attributed to surge in agricultural activities and increase in demand for electricity from renewable source of generation. India has set a target to deploy more than 100,000 sun pump by 2020, with Bangladesh targeting 50,000 by 2025.
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The global solar pump market is segmented into product, end-user industry, operation, and region. On the basis of product, the market is divided into surface suction, submersible, and floating. The submersible segment was the highest revenue contributor to the market, due to increase in use of submersible solar pump for water extraction from all size of bores, irrigation systems for agriculture, including drip & sprinkler systems and pressure boosting applications. Submersible solar pump are further utilized for domestic water supply to large residences and multi-storied apartments and dewatering of mines.
By end-user industry, the solar pump market trends are studied across agriculture, water management, and others. The agriculture segment dominated the market. This is attributed to countries in Asia-Pacific, such as India, are increasingly installing solar pump for
water irrigation purpose. As solar energy is easily available, it is expected that the demand for solar pump, particularly for farming application will increase notably, which is anticipated to boost the market growth.
Browse complete industry report : https://www.alliedmarketresearch.com/solar-pump-market-A06657
Depending on operation, the market is segregated into AC pump and DC pump. The AC pump segment holds the largest solar pump market share. It is anti-corrosion nature and provides high wear resistance as it reduces the operating costs due to its high pumping efficiency and longevity. It can work continuously for a prolonged period, and thus are highly reliable even under harsh conditions.
Region wise, the global solar pump market size is analysed across into North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific was the highest revenue contributor to the market. Asia-Pacific solar pump market is analysed across China, Japan, South Korea, Australia, and rest of Asia-Pacific. In Asia-Pacific, solar energy is widely used in generation of electricity for standalone systems and rural electrification.
COVID-19 impact on global solar pump market
The outbreak of COVID-19 has disrupted the global solar industry by halting the operations. At present, the solar industry imports nearly 80% of its major solar panel materials from China. The pandemic has affected the manufacturing capacities of China, as all fundamental ship container organizations had additionally stopped functioning out of Chinese ports and transporting items from China to other countries, including of India. As the Chinese production is expected to again head in the right direction, it is assumed that the resumption of the China-originated deliver chain will help restart the Indian solar industry.
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downincmi · 4 months
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Distributed Generation Market Dynamics: A Comprehensive Overview
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The district heating market provides efficient and environmentally-friendly heating solutions to the commercial and residential sectors. District heating systems utilize steam or hot water that is generated at a centralized location and distributed through a system of insulated pipes for space heating, water heating and process heating requirements. Key advantages of district heating include high efficiency from cogeneration of heat and power, reduction in primary energy consumption and carbon emissions compared to individual heating systems. The global district heating market is estimated to be valued at US$ 50.8 Bn in 2024 and is expected to exhibit a CAGR of 1.5% over the forecast period 2023 to 2030. Key Takeaways Key players operating in the district heating market are Vattenfall AB, SP Group, Danfoss Group, Engie, NRG Energy Inc., Statkraft AS, Logstor AS, Shinryo Corporation, Vital Energi Ltd, Göteborg Energi, Alfa Laval AB, Ramboll Group AS, Keppel Corporation Limited, FVB Energy. District heating demand is growing significantly across European countries due to strict emission norms and rising focus on efficient and clean heating solutions. Major players are expanding their district heating infrastructure and investments globally especially in Asia Pacific region to tap the growing demand for space and process heating from the industrial and commercial sectors. Market key trends One of the key trends in the district heating market is the increasing use of renewable and waste heat sources. With growing emphasis on reducing carbon footprint, district heating system operators are increasingly utilizing renewable energy sources like geothermal, solar, biomass along with waste heat from industries and data centers for cogeneration of heat and power. This is helping reduce the carbon intensity and primary energy consumption of district heating networks significantly. Vattenfall, Engie, Fortum are some leading players investing heavily in modernizing existing networks and designing new district heating systems based on renewable and waste heat resources to meet sustainability goals.
Porter’s Analysis
Threat of new entrants: The district heating market requires high initial investments to set up the infrastructure which acts as a deterrent for new players. However, some local level players can emerge in future. Bargaining power of buyers: The bargaining power of buyers is moderate as switching costs are high for customers who have already invested in district heating systems. However, alternative heating sources provide competition. Bargaging power of suppliers: A few large multinational companies dominate the supply of key equipment and components for district heating infrastructure. This gives them significant influence over prices. Threat of new substitutes: Alternate decentralized heating sources like gas boilers, heat pumps etc. pose a threat. However, district heating is more environment-friendly and gains support through policies in many countries. Competitive rivalry: The market sees healthy competition among the top players. Players compete based on technology, quality, reliability and pricing. Geographical regions with high market concentration
Europe accounts for the largest share of the district heating market, both in terms of value and volume. Countries like Germany, Poland, Sweden, Finland etc have a well-established district heating infrastructure. They have supportive policies and regulations in place to encourage the shift from fossil fuels to renewable sources for district heating. Fastest growing region
The Asia Pacific region is expected to grow at the fastest pace during the forecast period. Rapid urbanization and infrastructure growth is driving the demand. Countries like China, Japan and India are investing heavily in renewable energy-based district heating to meet their carbon reduction goals. Supportive government policies and norms in the region are boosting the adoption of new projects.
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kritikapatil · 1 year
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Agriculture Solar Pumps Market Is Likely to Experience a Tremendous Growth in Near Future
Global Agriculture Solar Pumps Market Report from AMA Research highlights deep analysis on market characteristics, sizing, estimates and growth by segmentation, regional breakdowns & country along with competitive landscape, player’s market shares, and strategies that are key in the market. The exploration provides a 360° view and insights, highlighting major outcomes of the industry. These insights help the business decision-makers to formulate better business plans and make informed decisions to improved profitability. In addition, the study helps venture or private players in understanding the companies in more detail to make better informed decisions. Major Players in This Report Include
GRUNDFOS (Denmark)
Jain Irrigation Systems Ltd (India)
PM Pumpmakers GmbH (Germany)
Bernt Lorentz GmbH (Germany)
Bright Solar Ltd. (India)
C.R.I. Pumps Private Limited (India)
Greenmax Technology (India)
Schneider Electric SE (France)
Shakti Pumps Ltd. (India)
Tata Power Solar Systems Ltd. (India)
A solar water pump system is an electrical pump system with one or more Photo-Voltaic (PV) panels providing electricity for operating the pump. The application of a solar panel array is driven by an electric motor, which then powers a bore or surface pump in a conventional solar-powered pumping system. Because the water is frequently pumped from the ground or a stream into a storage tank that provides a gravity feed, these systems do not require energy storage. The centrifugal pump, which uses high-speed spinning to suck water in through the middle of the pump, is one of the two primary types of solar water pump technology. A centrifugal impeller is used in most traditional Alternating Current (AC) pumps. The pump's performance, on the other hand, plummets when it is operated at low power. This makes centrifugal pumps less suited for solar applications, as little power is expected owing to cloudy weather; and b) the positive displacement pump, which transfers water via a piston. Positive displacement pumps, which carry water into a chamber and then force it out using a piston or helical screw, are used in many solar water pumps. These pumps pump at a slower rate than other varieties, but they work well under low-power situations and can generate significant lift. Solar pumps must be as efficient as feasible due to the high cost of PV and the fact that it is an intermittent power source. The amount of water pushed per watt of electricity utilized is the pump's efficiency. Market Drivers Rising demand from the irrigation sectors
The availability of government funds for solar pumps
High Adoption in Sunny Nations like Australia and Most Countries in Africa
Market Trend Growing Demand from the Rural Regions
Growing adoption due to high benefits such as Low maintenance and No fuel costs
Opportunities Increasing renewable energy generations
Rising Adoption of Precision Agriculture and Sustainable Practices
Challenges Stiff Competition Due to Various Players Operating in the Market
The Agriculture Solar Pumps market study is being classified by Type (Submersible {AC, DC}, Surface {AC, DC}), Pressure Capacity (Low Pressure, Medium Pressure, High Pressure), Capacity (Below 4 HP, 4 – 6 HP, 6-8 HP, Above 8 HP) Presented By
AMA Research & Media LLP
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