Agrivoltaics Market Size, Growth, Demands Outlook and Forecasts to 2030

 According to the research report, the global agrivoltaics market size is expected to touch USD 8.9 Billion by 2030, from USD 3.17 Billion in 2021, growing with a significant CAGR of 12.15% from 2022 to 2030. 

The agrivoltaics market report offers a comprehensive study of the current state expected at the major drivers, market strategies, and key vendors’ growth. The report presents energetic visions to conclude and study the market size, market hopes, and competitive surroundings. The research also focuses on the important achievements of the market, research & development, and regional growth of the leading competitors operating in the market. The current trends of the global agrivoltaics market in conjunction with the geographical landscape of this vertical have also been included in this report.

The report offers intricate dynamics about different aspects of the global agrivoltaics market, which aids companies operating in the market in making strategic development decisions. The study also elaborates on significant changes that are highly anticipated to configure growth of the global agrivoltaics market during the forecast period. It also includes a key indicator assessment that highlights growth prospects of this market and estimates statistics related to growth of the market in terms of value (US$ Mn) and volume (tons).

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 Report Scope of the Agrivoltaics Market

Report Coverage	Details
Market Size in 2022	USD 3.56 Billion
Market Size by 2030	USD 8.9 Billion
Growth Rate from 2022 to 2030	CAGR of 12.15%
Base Year	2021
Forecast Period	2022 to 2030
Segments Covered	System Design, Crop Type, Placement, Material Type, Cell Type, Crop Collaboration, Type of Agrivoltaic Plant, Type of Solar Panel, Power Output, and Geography

This study covers a detailed segmentation of the global agrivoltaics market, along with key information and a competition outlook. The report mentions company profiles of players that are currently dominating the global agrivoltaics market, wherein various developments, expansions, and winning strategies practiced and implemented by leading players have been presented in detail.

Key Players are Agrivoltaic Solution LLC, Sun Agri, REM TEC, Enel Green Power, Boralex, BayWa AG, TotalEnergies SE, Mackin Energy, Sunrise Power Solutions, Suntech Power Holdings

Market Segmentation

 By System Design

• Fixed Solar Panels Over Crops
• Dynamic Agrivoltaic

By Crop Type

• Leafy Greens
  • Lettuce
  • Spinach
  • Others
• Root Crops
  • Potatoes
  • Radishes
  • Beets
  • Carrots
  • Others
• Fruits & Other Crops

By Placement

• Standalone
• Shading Nets
• Greenhouse
• Others (Solar Fence, Solar Windows, etc.)

By Material Type

• Panels
• Paints

By Cell Type

• Monocrystalline
• Polycrystalline

By Crop Collaboration

• Vegetables
• Fruits
• Crops
• Others (Herbs, etc.)

By Type of Agrivoltaic Plant

• Overhead Tilted
• Interspace
• Hybrid

By Type of Solar Panel

• Opaque
• Semi-Transparent
• Transparent

By Power Output

• Up to 10 MWp
• 10.1 to 50 MWp
• More than 50 MWp

By Geography

• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East & Africa (MEA)

Research Methodology

The research methodology adopted by analysts for compiling the global agrivoltaics market report is based on detailed primary as well as secondary research. With the help of in-depth insights of the market-affiliated information that is obtained and legitimated by market-admissible resources, analysts have offered riveting observations and authentic forecasts for the global market.

During the primary research phase, analysts interviewed market stakeholders, investors, brand managers, vice presidents, and sales and marketing managers. Based on data obtained through interviews of genuine resources, analysts have emphasized the changing scenario of the global market.

For secondary research, analysts scrutinized numerous annual report publications, white papers, market association publications, and company websites to obtain the necessary understanding of the global agrivoltaics market.

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