Solar Pump Inverter market

Solar Pump Inverter Market - Global Outlook and Forecast 2022-2028

  • 25 January 2022
  • Machines
  • 74 Pages
  • Report code : PMR-6800268

  • 4.7 (158)

Solar Pump Inverter Market

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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.

Solar Pump Inverter Market contains market size and forecasts of Solar Pump Inverter in global, including the following market information:

Global Solar Pump Inverter Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Solar Pump Inverter Market Sales, 2017-2022, 2023-2028, (KW)

Global top five Solar Pump Inverter companies in 2021 (%)

The global Solar Pump Inverter market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Single Purpose Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Solar Pump Inverter include ABB, Hitachi, Voltronic Power, Schneider Electric, GRUNDFOS, B&B Power, Sollatek, Solar Tech and Gozuk, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Solar Pump Inverter manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Solar Pump Inverter Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (KW)

Global Solar Pump Inverter Market Segment Percentages, by Type, 2021 (%)

Single Purpose

Multipurpose

Global Solar Pump Inverter Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (KW)

Global Solar Pump Inverter Market Segment Percentages, by Application, 2021 (%)

Commercial Use

Home Use

Global Solar Pump Inverter Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (KW)

Global Solar Pump Inverter Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Solar Pump Inverter revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Solar Pump Inverter revenues share in global market, 2021 (%)

Key companies Solar Pump Inverter sales in global market, 2017-2022 (Estimated), (KW)

Key companies Solar Pump Inverter sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

ABB

Hitachi

Voltronic Power

Schneider Electric

GRUNDFOS

B&B Power

Sollatek

Solar Tech

Gozuk

MNE

Voltacon

Hober

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