Agrivoltaics Market Analysis: Assessing Industry Dynamics and Growth Opportunities

Report Overview:

The following report titled “Global Agrivoltaics Market: By Placement (Standalone, Shading Nets, Greenhouse, Others), By Material Type (Panels, Paints) and other forecast 2024-2030” provides a comprehensive analysis of the market, focusing on key details such as market size, growth trends, determinants of growth, segments covered, and the role of leading players in the industry.

Global Agrivoltaics Market Summary

The Global Agrivoltaics Market size was valued at USD 3.64 billion in 2022 and further expected to grow at a CAGR of 38% during the forecast period 2024-2030. The rapid climate changes like increasing temperature levels & reduced precipitation, coupled with rising water scarcity concerns, are creating significant challenges for both the energy & agriculture sectors worldwide.These challenges are shifting focus toward adopting Agrivoltaics, which enables the effective use of sunlight for crop growth. It is also beneficial for farmers to earn extra money by selling the power generated using solar panels. Hence, Agrivoltaics offers dual benefits, viz., agricultural output and earnings from power generation, and it has positively influenced the overall growth of the global market.

Report Coverage & Details

Forecast Period: 2024-2030
Base Year: 2023
Market Size in 2022 : USD 3.64 Billion
CAGR: 38%

Download Free PDF Brochure: – https://www.marknteladvisors.com/query/request-sample/agrivoltaic-market.html

Agrivoltaics Market Opportunity:

Mounting Carbon Emissions from Power Generation Industry to Generate Significant Growth Opportunities – With the mounting demand for power in different applications, the risk of high-level carbon emissions from the power generation industry is increasing dramatically. Many nations worldwide, especially in the Asia Pacific, have introduced plans to curb carbon emissions and promote using clean electricity. Such rising initiatives and support from the government toward limiting the carbon emissions from the power generation sector are projected to boost the Agrivoltaics market in the coming years.

Segmentation Analysis: Agrivoltaics Market

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 Agrivoltaics Plant

Overhead Tilted
Interspace
Hybrid

By Type of Solar Panel

Opaque
Semi Transparent
Transparent

By Power Output

Upto 10 KWh
1 to 50 KWh
More than 50 KWh

By Region

North America
South America
Europe
Middle East & Africa
Asia-Pacific

Access Full Report [Include Description + TOC] – https://www.marknteladvisors.com/research-library/agrivoltaic-market.html

Region: Asia-Pacific Holds a Major Market Share

Of them all, Asia-Pacific dominates the Global Agrivoltaics Market due to the rising adoption of solar modules in China, Japan, & India.

Leading Players Analysis: Agrivoltaics Market

The report provides detailed analysis of key players in the global Agrivoltaics market, highlighting their strategies and competitive scenario.

Enel Green Power
JS Power
Sun’ Agri
Solar Window
Akuo Energy
BayWa r.e.
Insolight
REM Tec
Zimmermen
Next2Sun
Others

Note: Should you require specific information beyond the current scope of the report, we are prepared to furnish it as part of our customization services.

For Customized Report Inquiry: – https://www.marknteladvisors.com/query/request-customization/agrivoltaic-market.html

Key Benefits for Stakeholders:

Informed Decision-Making: Access to comprehensive and insightful market research reports enables stakeholders to make well-informed decisions, leading to more strategic and successful initiatives.
Strategic Planning: The strategic reports provided by MarkNtel Advisors empower stakeholders to formulate robust strategies for market entry, product development, and competitive positioning.
Market Sizing & Forecasting: Stakeholders can benefit from accurate market sizing and forecasting data to make informed investment and resource allocation decisions, minimizing risks and maximizing returns.
Competitive Benchmarking: The availability of competitive benchmarking data allows stakeholders to assess their performance against industry peers, identify areas for improvement, and capitalize on strengths.
Identifying Investment Opportunities: Through trend analysis and industry insights, stakeholders can identify attractive investment opportunities and stay ahead in the market for better ROI.

About us

MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.

We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, Saudi Arabia, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.

Contact Information:

Address: Office No.106, H-160, Sector 63, Noida, Uttar Pradesh – 201301, India
Call (India): +91 120 4278433
Call (USA): +1 628 895 8081
Email: sales@marknteladvisors.com

Website: MarkNtel Advisors: Market Research Company