By Type (Surface, Submersible), By Operation (AC Pumps, DC Pumps), By Capacity (Below 5 HP, 5-8 HP, Above 8 HP), By Application (Irrigation, Drinking Water, Industries, Other), By......Country (Morocco, Ethiopia, Kenya, South Africa, Egypt, Nigeria, Others), By Company (Grundfos, CRI Pumps, Cedar Solar, Lorentz, Franklin Electric, Mono, Sunculture, Karm Solar, Future pump) Read more
- Energy
- Mar 2020
- 167
- PDF, Excel, PPT
The increasing investments by the government to eliminate the dependency on fossil fuel and reduce the emission levels of greenhouse gases have encouraged the deployment of solar pumps in the region to a large extent. For instance, the Morocco government is likely to invest USD 226 million in solar projects to serve agricultural growth and a significant number of pumps are expected to be installed by 2021.
According to the MarkNtel Advisors’ research report titled “Africa Solar Pump Market Analysis, 2020”, the CAGR of Africa Solar Pump market is expected to be more than 17% during 2020-25. The submersible solar pumps acquired the majority market share in the Africa Solar Pump market on an account of surging diesel prices and remote accessibility of grid electricity in the agriculture fields. Moreover, countries like Morocco which are dependent on groundwater for irrigation are aiming to boost the demand for submersible pumps, thus imposing a significant impact on the solar pump market in the region.
The rising investment in the agrarian projects in the countries such as South Africa regarding the installation of the solar pump is changing the market outlook of the solar pump. For instance, the African Development Bank (AfDB) approved USD 21.78 million grant to the Government of Sudan to promote the adoption of solar-powered irrigation pumps by approving the installation of 1,170 solar pumps in the country in 2019. Moreover, the growing government support in the form of tax and other subsidies along with rapid industrial development are estimated to aid in a swift market growth during the forecast period.
- Introduction
- Market Segmentation
- Product Definition
- Research Process
- Assumptions
- Executive Summary
- Africa Water Pumping Overview
- Solar Pumps Vs Other Water Pumping Options available in Africa
- Expert Verbatim- What our Experts Say?
- Africa Solar Pumps Market Outlook, 2015-2025F
- Market Size & Analysis
- Market Revenues
- Unit Sold
- Market Share & Analysis
- By Type
- Surface
- Submersible
- By Operation
- AC Pumps
- DC Pumps
- By Capacity
- Below 5 HP
- 5-8 HP
- Above 8 HP
- By Application
- Irrigation
- Drinking Water
- Industries
- Other
- By Country
- Morocco
- Ethiopia
- Kenya
- South Africa
- Egypt
- Nigeria
- Others
- By Company
- Revenue Shares
- Strategic Factorial Indexing
- Competitor Placement in MarkNtel Quadrant
- By Type
- Market Attractiveness Index
- By Type
- By Operation
- By Capacity
- By Application
- By Country
- Market Size & Analysis
- Morocco Solar Pumps Market Outlook, 2015-2025F
- Market Size & Analysis
- Market Revenues
- Unit Sold
- Market Share & Analysis
- By Type
- By Operation
- By Capacity
- By Application
- Market Size & Analysis
- Ethiopia Solar Pumps Market Outlook, 2015-2025F
- Market Size & Analysis
- Market Revenues
- Unit Sold
- Market Share & Analysis
- By Type
- By Operation
- By Capacity
- By Application
- Market Size & Analysis
- Kenya Solar Pumps Market Outlook, 2015-2025F
- Market Size & Analysis
- Market Revenues
- Unit Sold
- Market Share & Analysis
- By Type
- By Operation
- By Capacity
- By Application
- Market Size & Analysis
- South Africa Solar Pumps Market Outlook, 2015-2025F
- Market Size & Analysis
- Market Revenues
- Unit Sold
- Market Share & Analysis
- By Type
- By Operation
- By Capacity
- By Application
- Market Size & Analysis
- Egypt Solar Pumps Market Outlook, 2015-2025F
- Market Size & Analysis
- Market Revenues
- Unit Sold
- Market Share & Analysis
- By Type
- By Operation
- By Capacity
- By Application
- Market Size & Analysis
- Nigeria Solar Pumps Market Outlook, 2015-2025F
- Market Size & Analysis
- Market Revenues
- Unit Sold
- Market Share & Analysis
- By Type
- By Operation
- By Capacity
- By Application
- Market Size & Analysis
- Africa Solar Pumps Market Policies, Regulations, Product Standards
- Africa Solar Pumps Market- Price Analysis
- Africa Solar Pumps Market Trends & Insights
- Africa Solar Pumps Market Dynamics
- Growth Drivers
- Challenges
- Impact Analysis
- Africa Solar Pumps Market Hotspot & Opportunities
- Africa Solar Pumps Market- Supply Chain
- Africa Solar Pumps Market Key Strategic Imperatives for Success & Growth
- Africa Solar Pumps Market- Consumers Decision Making Factors
- Africa Solar Pumps Market- Strategies adopted by Suppliers
- Competition Outlook
- Competition Matrix
- Product Portfolio
- Target Markets
- Target End Users
- Research & Development
- Strategic Alliances
- Strategic Initiatives
- Company Profiles of top companies (Business Description, Product Segments, Business Segments, Financials, Strategic Alliances/ Partnerships, Future Plans)
- Grundfos
- CRI Pumps
- Cedar Solar
- Lorentz
- Franklin Electric
- Mono
- SunCulture
- KarmSolar
- Futurepump
- Competition Matrix
- Disclaimer
MarkNtel Advisors follows a robust and iterative research methodology designed to ensure maximum accuracy and minimize deviation in market estimates and forecasts. Our approach combines both bottom-up and top-down techniques to effectively segment and quantify various aspects of the market. A consistent feature across all our research reports is data triangulation, which examines the market from three distinct perspectives to validate findings. Key components of our research process include:
1. Scope & Research Design At the outset, MarkNtel Advisors define the research objectives and formulate pertinent questions. This phase involves determining the type of research—qualitative or quantitative—and designing a methodology that outlines data collection methods, target demographics, and analytical tools. They also establish timelines and budgets to ensure the research aligns with client goals.
2. Sample Selection and Data Collection In this stage, the firm identifies the target audience and determines the appropriate sample size to ensure representativeness. They employ various sampling methods, such as random or stratified sampling, based on the research objectives. Data collection is carried out using tools like surveys, interviews, and observations, ensuring the gathered data is reliable and relevant.
3. Data Analysis and Validation Once data is collected, MarkNtel Advisors undertake a rigorous analysis process. This includes cleaning the data to remove inconsistencies, employing statistical software for quantitative analysis, and thematic analysis for qualitative data. Validation steps are taken to ensure the accuracy and reliability of the findings, minimizing biases and errors.
4. Data Forecast and FinalizationThe final phase involves forecasting future market trends based on the analyzed data. MarkNtel Advisors utilize predictive modeling and time series analysis to anticipate market behaviors. The insights are then compiled into comprehensive reports, featuring visual aids like charts and graphs, and include strategic recommendations to inform client decision-making
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