The Agrivoltaics Market is set to grow at around 38% CAGR during 2022-27, predicts MarkNtel Advisors in their recent research study. It comprises a comprehensive analysis of the industry’s latest trends, developments, drivers, restraints, challenges, & opportunities, as well as its projected growth trajectory across different segments & geographies in the forecast years.
Further, the report also highlights the prominent aspects depicted in the form of diagrams, pie charts, tables, graphs, & other pictorial representations that would contribute to the market expansion in the future. Through this information, stakeholders will be able to comprehend the changing dynamics of the Agrivoltaics Market and better plan & layout strategies in order to widen their visibility, product portfolio, & customer base and yield massive profits. In the report, the historical period considered is 2017-20, the base year 2021, and the forecast period, as cited above, is 2022-27.
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Key Highlights from the Agrivoltaics Market Analysis –
-This study is a compilation of key factors impacting the industry dynamics, including growth drivers, restraints, opportunities, challenges, and emerging & high-potential segments & geographies, among others.
-Detail-driven, accurate, and reliable information associated with the latest trends in the industry to help stakeholders or investors make informed decisions before they make investments.
-A comprehensive review of the leading companies in the Agrivoltaics Market, comprising their profiles, recent developments, prominent business strategies, initiatives, and mergers & acquisitions, among other aspects.
-Fund estimation put in by private firms & governments for the industry’s expansion, along with insights into each segment & geographic location, are also covered in this report.
Market Key Driver –
With the rapidly growing population worldwide, global food production is expected to increase astronomically in the future. Moreover, with swift climate changes, if people continue to use water in the same way for agriculture purposes, there will not be enough water to meet the increasing food requirements in the future. Therefore, rising water scarcity is one of the crucial challenges that could hinder the growing demand for food production. As a result, there is an extreme need for an effective solution like Agrivoltaics that could help meet the desired food demand by overcoming the challenge of water scarcity.
Agrivoltaics Market Segmentation:
The segmentation analysis section of the report focuses on the Agrivoltaics Market performance across different segments & geographies, which can aid stakeholders in strategizing their investments in order to widen their visibility, product portfolio, & customer base and, in turn, generate significant revenue in the forecast years.
Market Divided into, By Placement
-Standalone
-Shading Nets
-Greenhouse
-Others (Solar Fence, Solar Windows, etc.)
Market Divided into, By Material Type
-Panels
-Paints
Market Divided into, By Cell Type
-Monocrystalline
-Polycrystalline
Market Divided into, By Crop Collaboration
-Vegetables
-Fruits
-Crops
-Others (Herbs, etc.)
Market Divided into, By Type of Agrivoltaics Plant
-Overhead Tilted
-Interspace
-Hybrid
Market Divided into, By Type of Solar Panel
-Opaque
-Semi Transparent
-Transparent
Market Divided into, By Power Output
-Upto 10 KWh
-10.1 to 50 KWh
-More than 50 KWh
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Geographically, the Agrivoltaics Market expands across regions: –
-North America
-South America
-Europe
-Middle East & Africa
-Asia-Pacific
Competitive Landscape:
Under this section, detailed information on company profiles, investments & revenue generated, strategic initiatives, geographical presence, and production or service capacities, among other aspects, have been examined. All insights into companies have been curated only after thoroughly studying their hold in the industry to help investors make informed decisions before investing.
-Enel Green Power
-JS Power
-Sun’ Agri
-Solar Window
-Akuo Energy
-BayWa r.e.
-Insolight
-REM Tec
-Zimmermen
-Next2Sun
-Others
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