How Technology is Transforming Solar Agriculture Pump Industry

Solar pumps are widely used in remote locations owing to depletion of non-renewable resources such as fossil fuel. This is encouraging the localities to take advantage of solar pumps. Therefore, solar pump companies are developing their software to ensure the proper functioning of the pumps for specific places.
Continuous rise in the government budget to promote the installation of solar pumps and upsurge in the use of renewable related products due to exhausting non-renewable resources are some of the factors responsible for driving the solar agriculture pump market. Further, the mandate to follow government regulations is anticipated to provide tremendous opportunities for the players operating in the solar agriculture pump market.

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How Technology is Transforming Solar Agriculture Pump Industry

Top Dominating Key Players:
1. Bright Solar Limited
2. C. R. I Pumps Pvt Ltd
3. Greensun Solar Energy Tech Co. Limited
4. GRUNDFOS Holding AS
5. Kirloskar Brothers Limited
6. Lorentz
7. Solar Power and Pump Company LLC
8. Symtech Solar
9. Tata Power Solar Systems Ltd.
10. Wenling Jintai Pump Factory Limited
The global solar agriculture pump market is segmented on the basis of type and power rating. Based on type, the market is segmented into submersible AC, submersible DC, non-submersible AC, and non-submersible DC. On the basis of power rating, the solar agriculture pump market is segmented into Upto 1 HP, 1 to 3 HP, and 3 to 5 HP.
The report analyzes factors affecting the solar agriculture pump market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the solar agriculture pump in these regions.

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