Agrivoltaics Market Size, Share, Trend, Forecast, & Industry Analysis 2029

Published: 2023-07-11
Views: 277
Author: mahesh07
Published in: Business

Agrivoltaics market size reached USD 3.66 Bn in 2022 and is expected to reach USD 7.96 Bn by 2029, growing at a CAGR of 10.2 % during the forecast period.

Agrivoltaics Market Report Scope and Research Methodology

The Agrivoltaics Market report assists clients in exploring lucrative opportunities by including current trends and market highlights. It covers market size estimations and growth rates during the forecast period. Regional market analysis is conducted at the local, regional, and global levels to understand Agrivoltaics market penetration, competitive structure, pricing, and demand analysis.

Data is collected using primary and secondary collection methods with qualitative and quantitative approaches. Primary data include surveys, questionnaires and telephonic interviews with market experts, market leaders and business owners. Secondary data was taken from press releases, annual reports, financial reports, government organizations’ sites and white papers. The bottom-up approach was used for Agrivoltaics  market estimation. For a competitive landscape of the Agrivoltaics  Market, Key players are collected based on various parameters that involve the products and services offered, revenue generated, technological advancements adopted and mergers and acquisitions. Research tools such as SWOT, PESTLE and Porter’s Five forces were used for the Agrivoltaics  Market analysis for the Micro and macro factors affecting the Agrivoltaics  Market presented.

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Agrivoltaics  Market Regional Insights

North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina Rest of South America)

Agrivoltaics Market Segmentation : 

Based on the Cell Type, the monocrystalline solar panels segment dominated the global market in 2022 and is anticipated to continue this trend because these types of panels are a popular and effective choice for use in Agrivoltaics systems, as they offer high efficiency, durability, and reliability, along with the added benefit of providing shade to crops. Their high resistance to corrosion and other environmental factors can also help to extend the lifespan of the panels and reduce maintenance costs over time.

Based on the Crop, the crops segment held the highest market share in 2022 and is expected to grow throughout the forecast period. Agrivoltaics systems offer a variety of benefits to crops, including shading, reduced water evaporation, and protection from extreme weather conditions. As a result, the crops segment in Agrivoltaics is an important area of focus for agricultural businesses and researchers alike.

by System Design

1.Fixed Solar Panles
2.Dynamic

by Cell Type

1.Monocrystalline
2.Polycrystalline

Agrivoltaics Market Key Players : 

1. DualSun
2. SOLARWATT
3. SunPower Corporation
4. Trina Solar
5. Suntech
6. Huawei Technologies Co., Ltd
7. Enel Green Power
8. Voltalia
9. Ecovoltaics
10. Sunseap Group
11. Soltec
12. Agrivoltaic Solutions LLC
13. JA Solar
14. Sun' Agri
15. Solar Window
16. Akuo Energy
17. BayWa r.e.
18. Insolight
19. REM Tec
20. Zimmermen
21. Next2Sun
22.Others

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Key questions answered in the Agrivoltaics  Market are:

• What is Agrivoltaics  ?
• What was the Agrivoltaics  market size in 2023?
• What is the growth rate of the Agrivoltaics  Market?
• Which are the factors expected to drive the Agrivoltaics  market growth?
• What are the different segments of the Agrivoltaics  Market?
• What growth strategies are the players considering to increase their presence in Agrivoltaics  ?
• What are the upcoming industry applications and trends for the Agrivoltaics  Market?
• What are the recent industry trends that can be implemented to generate additional revenue streams for the Agrivoltaics  Market?
• What is the demand pattern of the Agrivoltaics  Market?
• What major challenges could the Agrivoltaics  Market face in the future?
• What segments are covered in the Agrivoltaics  Market?
• Who are the leading companies and what are their portfolios in Agrivoltaics  Market?
• What segments are covered in the Agrivoltaics  Market?
• Who are the key players in the Agrivoltaics  market?

Key Offerings:

• Past Market Size and Competitive Landscape (2018 to 2023)
• Past Pricing and price curve by region (2018 to 2023)
• Market Size, Share, Size Forecast by different segment | 2023−2029
• Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
• Market Segmentation – A detailed analysis by segment with their sub-segments and Region
• Competitive Landscape – Profiles of selected key players by region from a strategic perspective
• Competitive landscape – Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER’s analysis
• Value chain and supply chain analysis
• Legal Aspects of Business by Region
• Lucrative business opportunities with SWOT analysis
• Recommendations

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