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(Construction.IndustryNews247.Com, January 22, 2019 ) 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.
Top Companies Covered in this Report are:
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.
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Data Synthesis, Core Analysis and Actual Interpretation of Data has been done for this report. The data and information in this report has been collected by using primary and secondary research methodologies, in order to provide a holistic view of the Photovoltaic pump market. Additionally, Comprehensive study has been carried out To analyses global economic Growth and other monetary pointers and factors to evaluate their respective impact on the market, along with the present impact, in order to make vital and informed forecasts about the scenarios in the market.
Most of the players operating in this Photovoltaic pump market are making efforts to grow their market footprint, by focusing on product diversification and development, subsequently making them acquire a larger share of the market. Development in different countries to drive growth and increase product sales is also considered as one of the major strategies undertaken by the key players operating in the global Photovoltaic pump market. For Effective business of Developing Nations, Product Evaluation and Revenue Generation has been carried out to get growth parameters.
The Global Photovoltaic pump Market is defined by the presence of some of the leading competitors operating in the market, including the well-established players and new entrants, and the suppliers, vendors, and distributors. The key players are continuously focus on expanding Geographic reach and broaden their customer base, in order to expand their product portfolio and come up with new advancements. Feasibility of new investments and development proposals has been correlated for Photovoltaic pump Market for given Forecast period.
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Table of Content:
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered
2 Global Growth Trends
2.1 Photovoltaic pump Market Size
2.2 Industry Trends
3 Market Share by Key Players
3.1 Photovoltaic pump Market Size by Manufacturers
3.2 Key Players Photovoltaic pump Product/Solution/Service
3.3 Date of Enter into Photovoltaic pump Market
4 Breakdown Data by Product
4.1 Global Photovoltaic pump Sales by Product
4.2 Global Photovoltaic pump Revenue by Product
5 Breakdown Data by End User
5.1 Overview
5.2 Global Photovoltaic pump Breakdown Data by End User
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Rajat Sahni
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Source: EmailWire.Com 
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