Africa Solar Water Pump Market (2018-2024)-6Wresearch

Lower Power (0-3 HP) Submersible Pump with DC Motor Remains the Major Growth Driver of Africa Solar Water Pump Market - 6Wresearch Africa Solar Water Pump market had registered substantial growth in terms of number of new installations, predominantly attributed to decreasing price of PV panels and government subsidy over the past few years. Easy finance by NGO's and government banks boosted the small scale farmer confidence which have bolstered the Africa Solar Water Pump market. In Morocco, NAMA program supports new installation of solar water pump in agriculture fields. During the forecast period, lower capacity submersible pumps with DC motor would account for majority of the market share on the back of increasing diesel price and poor availability of grid electricity in the agriculture fields. According to 6Wresearch , Africa Solar Water Pump Market volume is expected to grow at a CAGR of 24.2% during 2018-24 . New installation of solar water pump is anticipated during the...