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Solar Pump Inverter Industry Research Report 2024

April 2024 | 127 pages | ID: SAB38FD97626EN
APO Research

US$ 2,950.00

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Solar pumping inverter converts DC current from the solar array into AC current to drive the pump. With the function of MPPT (maximum power point tracking), it regulates the output frequency according to irradiation in real time to achieve the maximum power.

Solar Inverters Features:

1. Adopting the proposed dynamic VI maximum power point tracking (MPPT) control method; Fast response and stable operation; Better than the conventional methods which may lead to the problems including poor tracking performances, unstable or even cause water hammer damaging when the irradiation on the array changes rapidly.

2. The solar pumping inverters system is dispensed with energy storing devices, and stores water instead of electricity. It improves the reliability of the device, at the same time, it lowers the construction and maintenance costs of the system dramatically.

3. Digital control; automatic operation and data acquisition/storage of 8 years, etc; 98% of conversion efficiency, and complete protection.

4. In-line blocks; user friendly; convenient for operating; perfect cooling and shielding.

According to APO Research, The global Solar Pump Inverter market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of xx% during the forecast period 2024-2030.

Global Solar Pump Inverter key players include ABB, Hitachi, Voltronic Power, etc. Global top three manufacturers hold a share over 40%.

Europe is the largest market, with a share about 70%, followed by Africa and Middle East, both have a share over 25 percent.

In terms of product, Single Purpose is the largest segment, with a share about 95%. And in terms of application, the largest application is Commercial Use, followed by Home Use.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Solar Pump Inverter, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Solar Pump Inverter.

The report will help the Solar Pump Inverter manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

The Solar Pump Inverter market size, estimations, and forecasts are provided in terms of sales volume (KW) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Solar Pump Inverter market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2019-2024. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:
  • ABB
  • Hitachi
  • Voltronic Power
  • Schneider Electric
  • GRUNDFOS
  • B&B Power
  • Sollatek
  • Solar Tech
  • Gozuk
  • MNE
  • Voltacon
  • Hober
Solar Pump Inverter segment by Type
  • Single Purpose
  • Multipurpose
Solar Pump Inverter segment by Application
  • Commercial Use
  • Home Use
Solar Pump Inverter Segment by Region
  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Russia
  • Asia-Pacific
  • China
  • Japan
  • South Korea
  • India
  • Australia
  • China Taiwan
  • Indonesia
  • Thailand
  • Malaysia
  • Latin America
  • Mexico
  • Brazil
  • Argentina
  • Middle East & Africa
  • Turkey
  • Saudi Arabia
  • UAE
Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Solar Pump Inverter market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.

2. This report will help stakeholders to understand the global industry status and trends of Solar Pump Inverter and provides them with information on key market drivers, restraints, challenges, and opportunities.

3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.

4. This report stays updated with novel technology integration, features, and the latest developments in the market

5. This report helps stakeholders to gain insights into which regions to target globally

6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Solar Pump Inverter.

7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Research objectives, research methods, data sources, data cross-validation;

Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 3: Detailed analysis of Solar Pump Inverter manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.

Chapter 5: Production/output, value of Solar Pump Inverter by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.

Chapter 6: Consumption of Solar Pump Inverter in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.

Chapter 7: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 8: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 10: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 11: The main points and conclusions of the report.

Chapter 11: The main points and conclusions of the report.
1 PREFACE

1.1 Scope of Report
1.2 Reasons for Doing This Study
1.3 Research Methodology
1.4 Research Process
1.5 Data Source
  1.5.1 Secondary Sources
  1.5.2 Primary Sources

2 MARKET OVERVIEW

2.1 Product Definition
2.2 Solar Pump Inverter by Type
  2.2.1 Market Value Comparison by Type (2019 VS 2023 VS 2030) & (US$ Million)
  2.2.2 Single Purpose
  2.2.3 Multipurpose
2.3 Solar Pump Inverter by Application
  2.3.1 Market Value Comparison by Application (2019 VS 2023 VS 2030) & (US$ Million)
  2.3.2 Commercial Use
  2.3.3 Home Use
2.4 Global Market Growth Prospects
  2.4.1 Global Solar Pump Inverter Production Value Estimates and Forecasts (2019-2030)
  2.4.2 Global Solar Pump Inverter Production Capacity Estimates and Forecasts (2019-2030)
  2.4.3 Global Solar Pump Inverter Production Estimates and Forecasts (2019-2030)
  2.4.4 Global Solar Pump Inverter Market Average Price (2019-2030)

3 MARKET COMPETITIVE LANDSCAPE BY MANUFACTURERS

3.1 Global Solar Pump Inverter Production by Manufacturers (2019-2024)
3.2 Global Solar Pump Inverter Production Value by Manufacturers (2019-2024)
3.3 Global Solar Pump Inverter Average Price by Manufacturers (2019-2024)
3.4 Global Solar Pump Inverter Industry Manufacturers Ranking, 2022 VS 2023 VS 2024
3.5 Global Solar Pump Inverter Key Manufacturers, Manufacturing Sites & Headquarters
3.6 Global Solar Pump Inverter Manufacturers, Product Type & Application
3.7 Global Solar Pump Inverter Manufacturers, Date of Enter into This Industry
3.8 Global Solar Pump Inverter Market CR5 and HHI
3.9 Global Manufacturers Mergers & Acquisition

4 MANUFACTURERS PROFILED

4.1 ABB
  4.1.1 ABB Solar Pump Inverter Company Information
  4.1.2 ABB Solar Pump Inverter Business Overview
  4.1.3 ABB Solar Pump Inverter Production, Value and Gross Margin (2019-2024)
  4.1.4 ABB Product Portfolio
  4.1.5 ABB Recent Developments
4.2 Hitachi
  4.2.1 Hitachi Solar Pump Inverter Company Information
  4.2.2 Hitachi Solar Pump Inverter Business Overview
  4.2.3 Hitachi Solar Pump Inverter Production, Value and Gross Margin (2019-2024)
  4.2.4 Hitachi Product Portfolio
  4.2.5 Hitachi Recent Developments
4.3 Voltronic Power
  4.3.1 Voltronic Power Solar Pump Inverter Company Information
  4.3.2 Voltronic Power Solar Pump Inverter Business Overview
  4.3.3 Voltronic Power Solar Pump Inverter Production, Value and Gross Margin (2019-2024)
  4.3.4 Voltronic Power Product Portfolio
  4.3.5 Voltronic Power Recent Developments
4.4 Schneider Electric
  4.4.1 Schneider Electric Solar Pump Inverter Company Information
  4.4.2 Schneider Electric Solar Pump Inverter Business Overview
  4.4.3 Schneider Electric Solar Pump Inverter Production, Value and Gross Margin (2019-2024)
  4.4.4 Schneider Electric Product Portfolio
  4.4.5 Schneider Electric Recent Developments
4.5 GRUNDFOS
  4.5.1 GRUNDFOS Solar Pump Inverter Company Information
  4.5.2 GRUNDFOS Solar Pump Inverter Business Overview
  4.5.3 GRUNDFOS Solar Pump Inverter Production, Value and Gross Margin (2019-2024)
  4.5.4 GRUNDFOS Product Portfolio
  4.5.5 GRUNDFOS Recent Developments
4.6 B&B Power
  4.6.1 B&B Power Solar Pump Inverter Company Information
  4.6.2 B&B Power Solar Pump Inverter Business Overview
  4.6.3 B&B Power Solar Pump Inverter Production, Value and Gross Margin (2019-2024)
  4.6.4 B&B Power Product Portfolio
  4.6.5 B&B Power Recent Developments
4.7 Sollatek
  4.7.1 Sollatek Solar Pump Inverter Company Information
  4.7.2 Sollatek Solar Pump Inverter Business Overview
  4.7.3 Sollatek Solar Pump Inverter Production, Value and Gross Margin (2019-2024)
  4.7.4 Sollatek Product Portfolio
  4.7.5 Sollatek Recent Developments
4.8 Solar Tech
  4.8.1 Solar Tech Solar Pump Inverter Company Information
  4.8.2 Solar Tech Solar Pump Inverter Business Overview
  4.8.3 Solar Tech Solar Pump Inverter Production, Value and Gross Margin (2019-2024)
  4.8.4 Solar Tech Product Portfolio
  4.8.5 Solar Tech Recent Developments
4.9 Gozuk
  4.9.1 Gozuk Solar Pump Inverter Company Information
  4.9.2 Gozuk Solar Pump Inverter Business Overview
  4.9.3 Gozuk Solar Pump Inverter Production, Value and Gross Margin (2019-2024)
  4.9.4 Gozuk Product Portfolio
  4.9.5 Gozuk Recent Developments
4.10 MNE
  4.10.1 MNE Solar Pump Inverter Company Information
  4.10.2 MNE Solar Pump Inverter Business Overview
  4.10.3 MNE Solar Pump Inverter Production, Value and Gross Margin (2019-2024)
  4.10.4 MNE Product Portfolio
  4.10.5 MNE Recent Developments
4.11 Voltacon
  4.11.1 Voltacon Solar Pump Inverter Company Information
  4.11.2 Voltacon Solar Pump Inverter Business Overview
  4.11.3 Voltacon Solar Pump Inverter Production, Value and Gross Margin (2019-2024)
  4.11.4 Voltacon Product Portfolio
  4.11.5 Voltacon Recent Developments
4.12 Hober
  4.12.1 Hober Solar Pump Inverter Company Information
  4.12.2 Hober Solar Pump Inverter Business Overview
  4.12.3 Hober Solar Pump Inverter Production, Value and Gross Margin (2019-2024)
  4.12.4 Hober Product Portfolio
  4.12.5 Hober Recent Developments

5 GLOBAL SOLAR PUMP INVERTER PRODUCTION BY REGION

5.1 Global Solar Pump Inverter Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
5.2 Global Solar Pump Inverter Production by Region: 2019-2030
  5.2.1 Global Solar Pump Inverter Production by Region: 2019-2024
  5.2.2 Global Solar Pump Inverter Production Forecast by Region (2025-2030)
5.3 Global Solar Pump Inverter Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
5.4 Global Solar Pump Inverter Production Value by Region: 2019-2030
  5.4.1 Global Solar Pump Inverter Production Value by Region: 2019-2024
  5.4.2 Global Solar Pump Inverter Production Value Forecast by Region (2025-2030)
5.5 Global Solar Pump Inverter Market Price Analysis by Region (2019-2024)
5.6 Global Solar Pump Inverter Production and Value, YOY Growth
  5.6.1 North America Solar Pump Inverter Production Value Estimates and Forecasts (2019-2030)
  5.6.2 Europe Solar Pump Inverter Production Value Estimates and Forecasts (2019-2030)
  5.6.3 China Solar Pump Inverter Production Value Estimates and Forecasts (2019-2030)
  5.6.4 Japan Solar Pump Inverter Production Value Estimates and Forecasts (2019-2030)

6 GLOBAL SOLAR PUMP INVERTER CONSUMPTION BY REGION

6.1 Global Solar Pump Inverter Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
6.2 Global Solar Pump Inverter Consumption by Region (2019-2030)
  6.2.1 Global Solar Pump Inverter Consumption by Region: 2019-2030
  6.2.2 Global Solar Pump Inverter Forecasted Consumption by Region (2025-2030)
6.3 North America
  6.3.1 North America Solar Pump Inverter Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
  6.3.2 North America Solar Pump Inverter Consumption by Country (2019-2030)
  6.3.3 U.S.
  6.3.4 Canada
6.4 Europe
  6.4.1 Europe Solar Pump Inverter Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
  6.4.2 Europe Solar Pump Inverter Consumption by Country (2019-2030)
  6.4.3 Germany
  6.4.4 France
  6.4.5 U.K.
  6.4.6 Italy
  6.4.7 Russia
6.5 Asia Pacific
  6.5.1 Asia Pacific Solar Pump Inverter Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
  6.5.2 Asia Pacific Solar Pump Inverter Consumption by Country (2019-2030)
  6.5.3 China
  6.5.4 Japan
  6.5.5 South Korea
  6.5.6 China Taiwan
  6.5.7 Southeast Asia
  6.5.8 India
  6.5.9 Australia
6.6 Latin America, Middle East & Africa
  6.6.1 Latin America, Middle East & Africa Solar Pump Inverter Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
  6.6.2 Latin America, Middle East & Africa Solar Pump Inverter Consumption by Country (2019-2030)
  6.6.3 Mexico
  6.6.4 Brazil
  6.6.5 Turkey
  6.6.5 GCC Countries

7 SEGMENT BY TYPE

7.1 Global Solar Pump Inverter Production by Type (2019-2030)
  7.1.1 Global Solar Pump Inverter Production by Type (2019-2030) & (KW)
  7.1.2 Global Solar Pump Inverter Production Market Share by Type (2019-2030)
7.2 Global Solar Pump Inverter Production Value by Type (2019-2030)
  7.2.1 Global Solar Pump Inverter Production Value by Type (2019-2030) & (US$ Million)
  7.2.2 Global Solar Pump Inverter Production Value Market Share by Type (2019-2030)
7.3 Global Solar Pump Inverter Price by Type (2019-2030)

8 SEGMENT BY APPLICATION

8.1 Global Solar Pump Inverter Production by Application (2019-2030)
  8.1.1 Global Solar Pump Inverter Production by Application (2019-2030) & (KW)
  8.1.2 Global Solar Pump Inverter Production by Application (2019-2030) & (KW)
8.2 Global Solar Pump Inverter Production Value by Application (2019-2030)
  8.2.1 Global Solar Pump Inverter Production Value by Application (2019-2030) & (US$ Million)
  8.2.2 Global Solar Pump Inverter Production Value Market Share by Application (2019-2030)
8.3 Global Solar Pump Inverter Price by Application (2019-2030)

9 VALUE CHAIN AND SALES CHANNELS ANALYSIS OF THE MARKET

9.1 Solar Pump Inverter Value Chain Analysis
  9.1.1 Solar Pump Inverter Key Raw Materials
  9.1.2 Raw Materials Key Suppliers
  9.1.3 Solar Pump Inverter Production Mode & Process
9.2 Solar Pump Inverter Sales Channels Analysis
  9.2.1 Direct Comparison with Distribution Share
  9.2.2 Solar Pump Inverter Distributors
  9.2.3 Solar Pump Inverter Customers

10 GLOBAL SOLAR PUMP INVERTER ANALYZING MARKET DYNAMICS

10.1 Solar Pump Inverter Industry Trends
10.2 Solar Pump Inverter Industry Drivers
10.3 Solar Pump Inverter Industry Opportunities and Challenges
10.4 Solar Pump Inverter Industry Restraints

11 REPORT CONCLUSION

12 DISCLAIMER



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