Comprehensive historical analysis of global market for Agrivoltaics has thoroughly analyzed in this report. It offers data and insights from 2019-2022, and provides extensive market forecasts from 2023-2032 by region/country and subsectors. It covers the price, sales volume, revenue, historical growth, gross margin, and future outlooks for the Agrivoltaics market.
The Global Agrivoltaics Market Size is Anticipated to Exceed USD 8.86 Billion by 2033, Growing at a CAGR of 10.05% from 2023 to 2033.
The report includes growth prospects in the global Agrivoltaics market by type, application, sub segement and region and QMI has compiled a comprehensive detailed research report to offer insights. The report details consumption in the Agriculture and other sectors. Regional coverage spans North America, Europe, and rest of the world including Asia Pacific.
Agrivoltaics is an innovative technology that integrates agriculture with solar energy, emerging as a promising solution to address agricultural, energy, and environmental challenges. By installing solar photovoltaic panels on cropland or agricultural facilities, agrivoltaics enables the efficient use of land for both crop production and renewable energy generation. This approach supports food security while promoting the transition to low-carbon energy sources, offering a blend of innovation, sustainability, and environmental responsibility.
The energy and agricultural sectors are increasingly facing challenges due to climate change, including rising temperatures, reduced precipitation, and growing water scarcity. These issues are driving interest in agrivoltaics, which optimizes sunlight for crop growth while providing farmers with the opportunity to generate additional revenue through the sale of solar-generated electricity. As a result, agrivoltaics delivers dual benefits: enhancing agricultural productivity and creating new income streams from power generation. This dual advantage is significantly contributing to the overall growth of the global market.
Leading players of Agrivoltaics including:
- Enel Green Power
- JS Power
- Sun' Agri
- Solar Window
- BayWa r.e.
- Insolight
- REM Tec
- Zimmermen
- Next2Sun
- SunSeed
- APV Private LTD.
- Ombrea
- Others
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Market split by Segement, can be divided into:
By Cell Type
- Monocrystalline
- Polycrystalline
By Array Configuration
- Fixed
- Single-Axis Tracking
Market segment by Region/Country including:
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- Uk
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of Middle East & Africa
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In May 2024, IEA-PVPS is poised to launch a new format for expert engagement. It will include an action group on agrovoltaics, as well as a collaborative effort to match agriculture and solar generation. It aims to unlock the potential of agrivoltaics, optimize land use efficiency, enhance agricultural resilience to climate change, and foster social consensus for solar development.
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Whats covered in the report?
- 1. Overview of the Agrivoltaics market.
- 2. The current and forecasted regional (North America, Europe, Asia-Pacific, Latin America, the Middle East and Africa) market size data for the Agrivoltaics market, based on segement.
- 3. Agrivoltaics Market trends.
- 4. Agrivoltaics Market drivers.
- 5. Analysis of major company profiles.
Reasons to buy this Market Report:
1. Save time carrying out entry-level research by identifying the size, growth, and leading players in the emerging Agrivoltaics market.
2. Use the SWOT analysis to determine the competitive intensity and therefore attractiveness of the emerging Agrivoltaics Industry.
3. Leading company profiles reveal details of key Agrivoltaics market players emerging five operations and financial performance.
4. Add weight to presentations and pitches by understanding the future growth prospects of the emerging Agrivoltaics market with five year historical forecasts.
5. Compares data from North America, South America, Asia Pacific Europe and Middle East Africa, alongside individual chapters on each region.
6. Extensive information on factors that will amplify the growth of the Agrivoltaics market over the upcoming seven years
7. Accurate estimation of the global Agrivoltaics market size
8. Exact estimations of the upcoming trends and changes observed in the consumer behavior
9. Growth of the global Agrivoltaics market across the North & South America, EMEA, Asia Pacific, and Latin America
10. Information about Agrivoltaics market growth potential
11. In-depth analysis of the industry’s competitive landscape and detailed information vis-a-vis on various vendors
12. Furnishing of detailed information on the factors that will restrain the growth of the Agrivoltaics market
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