Australia Solar Water Pumping System Market Report 2021: Analysis and Forecast by Power Rating, Design Type, Drive Type, Application and Competitive Landscape 2017-2027 – ResearchAndMarkets.com

DUBLIN – (COMMERCIAL THREAD) – The report “Australia Solar Water Pumping System Market (2021-2027): Market Forecast by Power Rating, Design Type, Drive Type, Application, Regions and Competitive Landscape” a been added to ResearchAndMarkets.com offer.

The Australian Solar Water Pumping System market size is expected to grow at a CAGR of 11.0% during the forecast period 2021-2027

The growth can be attributed to Australian Government and State Government initiatives to offer rebates and incentives to support farmers and small producers through programs such as Renewable Energy Certificates, which include Small-scale technology certificates (STC) and large-scale production certificates. (LGC), emergency water infrastructure delivery, drought assistance programs, etc.

Programs such as the National Emergency Water Infrastructure Rebate Program and Drought Assistance Loans provide incentives and rebates to help primary producers build water infrastructure and provide loans. subsidized to ensure the sustainable future of small producers, respectively, which would drive the market size of solar water pumps. in Australia further.

Synopsis of the Australian Solar Water Pumping System Market

The growth of the solar water pumping systems market in Australia is largely attributable to the supportive measures taken by the Australian Federal Government in recent years. In addition, the Clean Energy Council has deployed environmentally friendly infrastructure, achieved renewable targets, and forged strong ties with foreign countries such as the China-Australia Free Trade Agreement.

However, the COVID-19 outbreak has left a slight negative impact on the solar pump market due to supply chain disruptions, stricter export inspections and protocols, nationwide lockdowns. . In addition, with the increase in the cost of electricity, small producers and farmers are increasingly aware of the low cost of running solar pumps and the unfavorable climatic conditions that create water supply shortages.

The global pandemic has hampered innovations and equipment on farms. Since the solar water pumping system involves a relatively higher initial cost, farmers are reluctant to install the pumping systems in times of crisis. Continued government support would lower prices for the global solar pumping system, further increasing demand during the forecast period.

Market analysis by power

In terms of rated power, the Up to 3 Hp and 3.1 to 10 Hp segments accumulated 70% of market revenue in 2020, with 3.1 to 10 Hp leading the market. Solar water pumping systems of 3.1 to 10 HP and below in Australia would dominate in the coming years due to increasing accessibility and growing preferences for multistage vacuum motors.

Market Analysis by Application

In the Australian off-grid solar water pumping system market, elevator irrigation has dominated the overall market revenue, accounting for over 65% of market revenue in 2020. With supporting government initiatives to harness the energies renewable in all economic activities and growing exports, the segment would continue to increase in the years to come.

Key attractiveness of the report

  • Impact of COVID-19 on the market.

  • 10 years of market figures.

  • Historical data From 2017 to 2020.

  • Baseline year: 2020

  • Forecast data until 2027.

  • Key performance indicators having an impact on the market.

  • Main developments and upcoming projects.

Highlights of the report

  • Overview of the Australian Solar Water Pumping System Market

  • Australian Solar Water Pumping System Market Outlook

  • Australian Solar Water Pumping System Market Forecast

  • Australia Off-Grid Solar Pumping System Market Size and Market Forecast Revenue and Volume, to 2027F

  • Historical data of Australia market revenue and volume of off-grid solar water pumping systems, by rated capacity, for the period 2016-2020

  • Market Size and Forecast of Australian Off-Grid Solar Pumping System Market Revenue and Volume, by Rating, to 2027F

  • Historical data of Australia Grid On-Grid Solar Water Pumping System Market revenue and volume, by rated capacity, for the period 2016-2020

  • Market Size and Revenue and Forecast of Australia Grid On-Grid Solar Water Pumping System Market, by Rating, to 2027F

  • Market drivers and constraints

  • Australian Solar Water Pumping System Market Trends and Industry Lifecycle

  • Porter’s Five Forces Analysis

  • Market Opportunity Assessment

  • Australia Solar Water Pumping System Market Share, by Players

  • Competitive benchmarking

  • Company Profiles

  • Main strategic recommendations

  • Market scope and segmentation

Companies mentioned

  • Davey Water Products Pty Ltd.

  • Franklin Electric (Australia) Pty. Ltd

  • Grundfos Pumps Pty Ltd.

  • KSB Australia Pty Ltd.

  • LJW Solar Pty Limited

  • Lorentz

  • Mono Pumps (Aust) Pty Ltd.

  • Pumps Orange Pty Ltd.

  • Rainbow Power Company Pty Limited

  • Shakti Pty Ltd. Pumps

The report provides detailed analysis of the following market segments:

By nominal power

Networked solar water pumping system

  • Up to 3 CV

  • 3.1 to 7.5 HP

  • Above 7.5 HP

Off grid solar water pumping system

  • Up to 3 CV

  • 3.1 to 10 HP

  • 10.1 to 12.5 HP

  • 12.6 to 19 HP

  • Above 19 HP

By type of design

  • Area

  • Submersible

  • By type of reader

  • AC pump

  • DC pump

By application

  • Irrigation elevator

  • Others (Water trough, livestock watering, municipal services, etc.)

By regions

  • Northern region

  • South region

  • eastern region

  • Western region

For more information on this report, visit https://www.researchandmarkets.com/r/pnpw7x

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About Christopher Easley

Christopher Easley

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