Press Release

Africa Solar Pumps Market to Grow at a CAGR of around 19% during 2019-2024

Continuous growth in agriculture, need for other water intensive industries coupled with growing government support (tax and subsidies benefits) to bolster Africa solar pumps market through 2024

According to a report published by TechSci Research on “Africa Solar Pumps Market By Type, By Capacity, By Application, By Country, Competition, Forecast & Opportunities, 2024”, Africa solar pumps market is projected to grow at a CAGR of around 19% between 2019-2024. The growth of Africa solar pumps market can be attributed to growing investments in agricultural activities in the region. Factors like easy finance by NGOs and government banks, introduction of NAMA program to support new installation of solar water pumps in agriculture fields and development in the industrial, residential and agricultural industry along with lower operation and maintenance cost is further fueling growth in Africa pumps market.

Browse market data Tables and Figures spread through 110 Pages and an in-depth TOC on " Africa Solar Pumps Market "

https://www.techsciresearch.com/report/africa-solar-pumps-market/4115.html

In terms of application, Africa solar pumps market has been categorized into irrigation, drinking water, industrial and others. Of all, irrigation category is the largest segment in Africa solar pumps market on account of increasing number of agricultural projects in the region. As the African countries are witnessing surging demand for water, they must maintain high levels of investment in water extraction to meet the demand, which in turn, is driving the growth of the solar water pumps for irrigation.

Download Sample Report  @ https://www.techsciresearch.com/sample-report.aspx?cid=4115 

 

Customers can also request for 10% free customization on this report.

“Africa solar pumps market is anticipated to witness significant growth during the forecast period. Increasing demand for solar pumps is majorly due to the rapid industrialization and increasing investments in agricultural projects in the region. Moreover, growth in agriculture sector along with growing government support  in the form of tax and subsidies would further steer growth in Africa solar pumps market through 2024.” said, Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

Africa Solar Pumps Market By Type, By Capacity, By Application, By Country, Competition, Forecast & Opportunities, 2024” has evaluated the future growth potential of the Africa solar pumps market and provides statistics and information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in Africa solar pumps market.

About TechSci Research

TechSci Research is a leading Africa market research firm publishing premium market research reports. Serving 700 Africa clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research-based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking Africa and country specific high growth markets helps TechSci clients to lead rather than follow market trends.

Contact

Mr. Ken Mathews

708 Third Avenue,

Manhattan, NY,

New York – 10017

Tel: +1-646-360-1656

Email: [email protected]

Relevant Reports

Africa Solar Pumps Market By Type (Submersible & Surface), By Capacity (Below 5 HP; 5 HP; 5-8 HP & Above 8 HP), By Application (Irrigation, Drinking Water, Industrial & Others), By Country (Morocco, Ethiopia, Kenya, South Africa & Egypt), Competition, Forecast & Opportunities, 2026

Power | Mar, 2021

Continuous growth in agriculture, need for other water intensive industries coupled with growing government support (tax and subsidies benefits) to bolster Africa solar pumps market through 2026

Relevant News