The global Photovoltaic pump market was valued at 663.4 Million USD in 2020 and will grow with a CAGR of 6.17% from 2020 to 2027, based on newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

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.For the manufacturers, Lorentz and Grundfos are still the leaders in Photovoltaic pump industry, which take up about 25% of production. India manufacturers, such as OCI Group and Tata Power have increased capacity that is because local downstream have a strong demand. For Chinese suppliers of Photovoltaic pump, R&D and manufacturing of the production is just in recent years, therefore, the capacity is low. However, as the government is focusing on the energy saving, the consumption of Photovoltaic pump will increase in the next few years.

By Market Verdors:

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

By Types:

DC Surface Suction

AC Submersible

DC Submersible

AC Floating

By Applications:

Living Water

Agrirculture

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Reasons to Purchase

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Assess the production processes, major issues, and solutions to mitigate the development risk.

To understand the most affecting driving and restraining forces in the market and its impact in the global market.

Learn about the market strategies that are being adopted by leading respective organizations.

To understand the future outlook and prospects for the market.

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1 Report Overview

1.1 Study Scope

1.2 Key Market Segments

1.3 Players Covered: Ranking by Photovoltaic pump Revenue

1.4 Market Analysis by Type

1.4.1 Global Photovoltaic pump Market Size Growth Rate by Type: 2021 VS 2027

1.4.2 DC Surface Suction

1.4.3 AC Submersible

1.4.4 DC Submersible

1.4.5 AC Floating

1.5 Market by Application

1.5.1 Global Photovoltaic pump Market Share by Application: 2022-2027

1.5.2 Living Water

1.5.3 Agrirculture

1.6 Study Objectives

1.7 Years Considered

1.8 Overview of Global Photovoltaic pump Market

1.8.1 Global Photovoltaic pump Market Status and Outlook (2016-2027)

1.8.2 North America

1.8.3 East Asia

1.8.4 Europe

1.8.5 South Asia

1.8.6 Southeast Asia

1.8.7 Middle East

1.8.8 Africa

1.8.9 Oceania

1.8.10 South America

1.8.11 Rest of the World

2 Market Competition by Manufacturers

2.1 Global Photovoltaic pump Production Capacity Market Share by Manufacturers (2016-2021)

2.2 Global Photovoltaic pump Revenue Market Share by Manufacturers (2016-2021)

2.3 Global Photovoltaic pump Average Price by Manufacturers (2016-2021)

2.4 Manufacturers Photovoltaic pump Production Sites, Area Served, Product Type

3 Sales by Region

3.1 Global Photovoltaic pump Sales Volume Market Share by Region (2016-2021)

3.2 Global Photovoltaic pump Sales Revenue Market Share by Region (2016-2021)

3.3 North America Photovoltaic pump Sales Volume

3.3.1 North America Photovoltaic pump Sales Volume Growth Rate (2016-2021)

3.3.2 North America Photovoltaic pump Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)

3.4 East Asia Photovoltaic pump Sales Volume

3.4.1 East Asia Photovoltaic pump Sales Volume Growth Rate (2016-2021)

3.4.2 East Asia Photovoltaic pump Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)

3.5 Europe Photovoltaic pump Sales Volume (2016-2021)

3.5.1 Europe Photovoltaic pump Sales Volume Growth Rate (2016-2021)

3.5.2 Europe Photovoltaic pump Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)

3.6 South Asia Photovoltaic pump Sales Volume (2016-2021)

3.6.1 South Asia Photovoltaic pump Sales Volume Growth Rate (2016-2021)

3.6.2 South Asia Photovoltaic pump Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)

3.7 Southeast Asia Photovoltaic pump Sales Volume (2016-2021)

3.7.1 Southeast Asia Photovoltaic pump Sales Volume Growth Rate (2016-2021)

3.7.2 Southeast Asia Photovoltaic pump Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)

3.8 Middle East Photovoltaic pump Sales Volume (2016-2021)

3.8.1 Middle East Photovoltaic pump Sales Volume Growth Rate (2016-2021)

3.8.2 Middle East Photovoltaic pump Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)

3.9 Africa Photovoltaic pump Sales Volume (2016-2021)

3.9.1 Africa Photovoltaic pump Sales Volume Growth Rate (2016-2021)

3.9.2 Africa Photovoltaic pump Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)

3.10 Oceania Photovoltaic pump Sales Volume (2016-2021)

3.10.1 Oceania Photovoltaic pump Sales Volume Growth Rate (2016-2021)

3.10.2 Oceania Photovoltaic pump Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)

3.11 South America Photovoltaic pump Sales Volume (2016-2021)

3.11.1 South America Photovoltaic pump Sales Volume Growth Rate (2016-2021)

3.11.2 South America Photovoltaic pump Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)

3.12 Rest of the World Photovoltaic pump Sales Volume (2016-2021)

3.12.1 Rest of the World Photovoltaic pump Sales Volume Growth Rate (2016-2021)

3.12.2 Rest of the World Photovoltaic pump Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)

4 North America

4.1 North America Photovoltaic pump Consumption by Countries

4.2 United States

4.3 Canada

4.4 Mexico

5 East Asia

5.1 East Asia Photovoltaic pump Consumption by Countries

5.2 China

5.3 Japan

5.4 South Korea

6 Europe

6.1 Europe Photovoltaic pump Consumption by Countries

6.2 Germany

6.3 United Kingdom

6.4 France

6.5 Italy

6.6 Russia

6.7 Spain

6.8 Netherlands

6.9 Switzerland

6.10 Poland

7 South Asia

7.1 South Asia Photovoltaic pump Consumption by Countries

7.2 India

7.3 Pakistan

7.4 Bangladesh

8 Southeast Asia

8.1 Southeast Asia Photovoltaic pump Consumption by Countries

8.2 Indonesia

8.3 Thailand

8.4 Singapore

8.5 Malaysia

8.6 Philippines

8.7 Vietnam

8.8 Myanmar

9 Middle East

9.1 Middle East Photovoltaic pump Consumption by Countries

9.2 Turkey

9.3 Saudi Arabia

9.4 Iran

9.5 United Arab Emirates

9.6 Israel

9.7 Iraq

9.8 Qatar

9.9 Kuwait

9.10 Oman

10 Africa

10.1 Africa Photovoltaic pump Consumption by Countries

10.2 Nigeria

10.3 South Africa

10.4 Egypt

10.5 Algeria

10.6 Morocco

11 Oceania

11.1 Oceania Photovoltaic pump Consumption by Countries

11.2 Australia

11.3 New Zealand

12 South America

12.1 South America Photovoltaic pump Consumption by Countries

12.2 Brazil

12.3 Argentina

12.4 Columbia

12.5 Chile

12.6 Venezuela

12.7 Peru

12.8 Puerto Rico

12.9 Ecuador

13 Rest of the World

13.1 Rest of the World Photovoltaic pump Consumption by Countries

13.2 Kazakhstan

14 Sales Volume, Sales Revenue, Sales Price Trend by Type

14.1 Global Photovoltaic pump Sales Volume Market Share by Type (2016-2021)

14.2 Global Photovoltaic pump Sales Revenue Market Share by Type (2016-2021)

14.3 Global Photovoltaic pump Sales Price by Type (2016-2021)

15 Consumption Analysis by Application

15.1 Global Photovoltaic pump Consumption Volume by Application (2016-2021)

15.2 Global Photovoltaic pump Consumption Value by Application (2016-2021)

16 Company Profiles and Key Figures in Photovoltaic pump Business

16.1 LORENTZ

16.1.1 LORENTZ Company Profile

16.1.2 LORENTZ Photovoltaic pump Product Specification

16.1.3 LORENTZ Photovoltaic pump Production Capacity, Revenue, Price and Gross Margin (2016-2021)

16.2 Grundfos

16.2.1 Grundfos Company Profile

16.2.2 Grundfos Photovoltaic pump Product Specification

16.2.3 Grundfos Photovoltaic pump Production Capacity, Revenue, Price and Gross Margin (2016-2021)

16.3 CRI Group

16.3.1 CRI Group Company Profile

16.3.2 CRI Group Photovoltaic pump Product Specification

16.3.3 CRI Group Photovoltaic pump Production Capacity, Revenue, Price and Gross Margin (2016-2021)

16.4 Mono Pumps

16.4.1 Mono Pumps Company Profile

16.4.2 Mono Pumps Photovoltaic pump Product Specification

16.4.3 Mono Pumps Photovoltaic pump Production Capacity, Revenue, Price and Gross Margin (2016-2021)

16.5 Shakti Solar

16.5.1 Shakti Solar Company Profile

16.5.2 Shakti Solar Photovoltaic pump Product Specification

16.5.3 Shakti Solar Photovoltaic pump Production Capacity, Revenue, Price and Gross Margin (2016-2021)

16.6 Tata Power

16.6.1 Tata Power Company Profile

16.6.2 Tata Power Photovoltaic pump Product Specification

16.6.3 Tata Power Photovoltaic pump Production Capacity, Revenue, Price and Gross Margin (2016-2021)

16.7 Bright Solar

16.7.1 Bright Solar Company Profile

16.7.2 Bright Solar Photovoltaic pump Product Specification

16.7.3 Bright Solar Photovoltaic pump Production Capacity, Revenue, Price and Gross Margin (2016-2021)

16.8 USL

16.8.1 USL Company Profile

16.8.2 USL Photovoltaic pump Product Specification

16.8.3 USL Photovoltaic pump Production Capacity, Revenue, Price and Gross Margin (2016-2021)

16.9 Advanced Power

16.9.1 Advanced Power Company Profile

16.9.2 Advanced Power Photovoltaic pump Product Specification

16.9.3 Advanced Power Photovoltaic pump Production Capacity, Revenue, Price and Gross Margin (2016-2021)

16.10 SAJ

16.10.1 SAJ Company Profile

16.10.2 SAJ Photovoltaic pump Product Specification

16.10.3 SAJ Photovoltaic pump Production Capacity, Revenue, Price and Gross Margin (2016-2021)

16.11 Chinalight Solar

16.11.1 Chinalight Solar Company Profile

16.11.2 Chinalight Solar Photovoltaic pump Product Specification

16.11.3 Chinalight Solar Photovoltaic pump Production Capacity, Revenue, Price and Gross Margin (2016-2021)

16.12 CEEG

16.12.1 CEEG Company Profile

16.12.2 CEEG Photovoltaic pump Product Specification

16.12.3 CEEG Photovoltaic pump Production Capacity, Revenue, Price and Gross Margin (2016-2021)

16.13 Quoncion Solar

16.13.1 Quoncion Solar Company Profile

16.13.2 Quoncion Solar Photovoltaic pump Product Specification

16.13.3 Quoncion Solar Photovoltaic pump Production Capacity, Revenue, Price and Gross Margin (2016-2021)

16.14 Komaes Solar

16.14.1 Komaes Solar Company Profile

16.14.2 Komaes Solar Photovoltaic pump Product Specification

16.14.3 Komaes Solar Photovoltaic pump Production Capacity, Revenue, Price and Gross Margin (2016-2021)

16.15 Solartech

16.15.1 Solartech Company Profile

16.15.2 Solartech Photovoltaic pump Product Specification

16.15.3 Solartech Photovoltaic pump Production Capacity, Revenue, Price and Gross Margin (2016-2021)

16.16 MNE

16.16.1 MNE Company Profile

16.16.2 MNE Photovoltaic pump Product Specification

16.16.3 MNE Photovoltaic pump Production Capacity, Revenue, Price and Gross Margin (2016-2021)

16.17 Evergreen Group

16.17.1 Evergreen Group Company Profile

16.17.2 Evergreen Group Photovoltaic pump Product Specification

16.17.3 Evergreen Group Photovoltaic pump Production Capacity, Revenue, Price and Gross Margin (2016-2021)

17 Photovoltaic pump Manufacturing Cost Analysis

17.1 Photovoltaic pump Key Raw Materials Analysis

17.1.1 Key Raw Materials

17.2 Proportion of Manufacturing Cost Structure

17.3 Manufacturing Process Analysis of Photovoltaic pump

17.4 Photovoltaic pump Industrial Chain Analysis

18 Marketing Channel, Distributors and Customers

18.1 Marketing Channel

18.2 Photovoltaic pump Distributors List

18.3 Photovoltaic pump Customers

19 Market Dynamics

19.1 Market Trends

19.2 Opportunities and Drivers

19.3 Challenges

19.4 Porter's Five Forces Analysis

20 Production and Supply Forecast

20.1 Global Forecasted Production of Photovoltaic pump (2022-2027)

20.2 Global Forecasted Revenue of Photovoltaic pump (2022-2027)

20.3 Global Forecasted Price of Photovoltaic pump (2016-2027)

20.4 Global Forecasted Production of Photovoltaic pump by Region (2022-2027)

20.4.1 North America Photovoltaic pump Production, Revenue Forecast (2022-2027)

20.4.2 East Asia Photovoltaic pump Production, Revenue Forecast (2022-2027)

20.4.3 Europe Photovoltaic pump Production, Revenue Forecast (2022-2027)

20.4.4 South Asia Photovoltaic pump Production, Revenue Forecast (2022-2027)

20.4.5 Southeast Asia Photovoltaic pump Production, Revenue Forecast (2022-2027)

20.4.6 Middle East Photovoltaic pump Production, Revenue Forecast (2022-2027)

20.4.7 Africa Photovoltaic pump Production, Revenue Forecast (2022-2027)

20.4.8 Oceania Photovoltaic pump Production, Revenue Forecast (2022-2027)

20.4.9 South America Photovoltaic pump Production, Revenue Forecast (2022-2027)

20.4.10 Rest of the World Photovoltaic pump Production, Revenue Forecast (2022-2027)

20.5 Forecast by Type and by Application (2022-2027)

20.5.1 Global Sales Volume, Sales Revenue and Sales Price Forecast by Type (2022-2027)

20.5.2 Global Forecasted Consumption of Photovoltaic pump by Application (2022-2027)

21 Consumption and Demand Forecast

21.1 North America Forecasted Consumption of Photovoltaic pump by Country

21.2 East Asia Market Forecasted Consumption of Photovoltaic pump by Country

21.3 Europe Market Forecasted Consumption of Photovoltaic pump by Countriy

21.4 South Asia Forecasted Consumption of Photovoltaic pump by Country

21.5 Southeast Asia Forecasted Consumption of Photovoltaic pump by Country

21.6 Middle East Forecasted Consumption of Photovoltaic pump by Country

21.7 Africa Forecasted Consumption of Photovoltaic pump by Country

21.8 Oceania Forecasted Consumption of Photovoltaic pump by Country

21.9 South America Forecasted Consumption of Photovoltaic pump by Country

21.10 Rest of the world Forecasted Consumption of Photovoltaic pump by Country

22 Research Findings and Conclusion

23 Methodology and Data Source

23.1 Methodology/Research Approach

23.1.1 Research Programs/Design

23.1.2 Market Size Estimation

23.1.3 Market Breakdown and Data Triangulation

23.2 Data Source

23.2.1 Secondary Sources

23.2.2 Primary Sources

23.3 Disclaimer

Methodology/Research Approach

Research Programs/Design

Market Size Estimation

Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).

The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.

Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.

All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report

The following figure shows an illustrative representation of the overall market size estimation process used for this study.

Market Breakdown and Data Triangulation

After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.

Data Source

Secondary Sources

Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.

Primary Sources

In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.

The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.

Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.

Key Executives Interviewed

Key Data Information from Primary Sources