The agrrivoltaics maket would grow at a CAGR of 8.9% over the predicted time frame. The market is expected to increase in value from US$ 3.56Bn in 2022 to US$ 12.15Bn in 2030.
The on agrivoltaics Market, which provides a business strategy, research & development activities, concise outline of the market valuation, valuable insights pertaining to market share, size, supply chain analysis, competitive landscape and regional proliferation of this industry.
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A recent report provides crucial insights along with application based and forecast information in the Global Agrivoltaics Market. The report provides a comprehensive analysis of key factors that are expected to drive the growth of this market. This study also provides a detailed overview of the opportunities along with the current trends observed in the Agrivoltaics market.
A quantitative analysis of the industry is compiled for a period of 10 years in order to assist players to grow in the market. Insights on specific revenue figures generated are also given in the report, along with projected revenue at the end of the forecast period.
Companies and Manufacturers Covered
The study covers key players operating in the market along with prime schemes and strategies implemented by each player to hold high positions in the industry. Such a tough vendor landscape provides a competitive outlook of the industry, consequently existing as a key insight. These insights were thoroughly analysed and prime business strategies and products that offer high revenue generation capacities were identified. Key players of the global Agrivoltaics market are included as given below:
Agrivoltaics Market 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 Segments
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)
Report Objectives
- To define, describe, and forecast the global agrivoltaics market based on product, and region
- To provide detailed information regarding the major factors influencing the growth of the market (drivers, opportunities, and industry-specific challenges)
- To strategically analyze micromarkets1 with respect to individual growth trends, future prospects, and contributions to the total market
- To analyze opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders
- To forecast the size of market segments with respect to four main regions—North America, Europe, Asia Pacific and the Rest of the World (RoW)2
- To strategically profile key players and comprehensively analyze their product portfolios, market shares, and core competencies3
- To track and analyze competitive developments such as acquisitions, expansions, new product launches, and partnerships in the agrivoltaics market
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