Global Agrivoltaic
Market Report
2024
As per Cognitive Market Research's latest published report, the Global Agrivoltaic market size was USD 4.91 Billion in 2022 and it is forecasted to reach USD 8.21 Billion by 2030. Agrivoltaic Industry's Compound Annual Growth Rate will be 9.7 % from 2023 to 2030.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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As per Cognitive Market Research's latest published report, the Global Agrivoltaic market size was USD 4.91 Billion in 2022 and it is forecasted to reach USD 8.21 Billion by 2030. Agrivoltaic Industry's Compound Annual Growth Rate will be 9.7 % from 2023 to 2030.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Agrivoltaic Market Sales Revenue 2022 | $ 4.91 Billion |
Global Agrivoltaic Market Sales Revenue 2030 | $ 8.21 Billion |
Global Agrivoltaic Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 9.7% |
Market Split by System Design |
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Market Split by Cell Type |
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Market Split by Crop |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Report scope is customizable as we have a huge database of Agrivoltaic industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Agrivoltaic Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Agrivoltaics is a combination of photovoltaics and agriculture. The various synonyms for agrivoltaics include agri photovoltaics, agri pv, dual-use solar and agri solar. This is used for setting solar panels, livestock, grazing, and farming. The various benefits of agrivoltaics include improved water retaining capacity of the earth, rainwater harvesting and increased crop production, and increased soil moisture.
The improvements in farming techniques and investment from private and government players in the research & development activities is the key factor expected to drive the growth of the agrivoltaics market.
Energy shifts are taking place worldwide to decrease carbon emissions is expected to create growth opportunities for the agrivoltaics market in the forecast period.
Increasing installation costs are anticipated to hamper the growth of the agrivoltaics market.
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Competitive Landscape includes company profiling of the key manufacturers listed below. It also provides the key developments such as new product launches, expansion, mergers & acquisitions, partnerships, agreements, joint ventures, business overview, key strategies and financial analysis associated with the key players. Strategy implemented to overcome the COVID-19 Impact will be discussed in the report scope. Key players Financials includes Revenue (USD Million), Gross Margin (%) and Market Share (%) (2019- 2023), S.W.O.T Analysis, (To read more request the sample pages Or speak to analyst/author directly).
Top Companies Market Share in Agrivoltaic Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
North America has the largest revenue share in the agrivoltaics market. This is due to rising water issues in several regions, farmers looking for extra sources of income, and loss of biodiversity in the region anticipated to drive the demand for the agrivoltaics market in the region.
The current report Scope analyzes Agrivoltaic Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only. To learn more about geographical trends request the free sample pages. Contact US!
Global Agrivoltaic Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Agrivoltaic Industry growth. Agrivoltaic market has been segmented with the help of its System Design, Cell Type Crop, and others. Agrivoltaic market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Based on the system design, the dynamic segment has the largest revenue share in the agrivoltaics market. This is attributed to dynamic agrivoltaics systems dependent on the types such as weather requirements, crops, land, and others. In addition, the need and requirement for dynamic agrivoltaics to be adjusted or moved when needed are projected to boost the demand for this segment in the target market.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Agrivoltaic Industry. Request a Free Sample PDF!
Based on cell type, the monocrystalline segment has the major revenue share in the agrivoltaics market. This is due to monocrystalline solar panels advanced for solar power harnessing, constructed from single silicon solar cells crystal, exhibiting higher efficiency. This is likely to drive the demand for the monocrystalline segment in the target market.
The above Graph is for representation purposes only. This chart does not depict actual Market share. Please purchase the Agrivoltaic market report 2024 Edition by contacting our team.
Based on crop, the crops segment has the largest market share in the agrivoltaics market. This is owing to the increasing essential impact on agriculture compared to other economic sectors, with situations at times dry and hot and others categorized by rapid hailstorms. In addition, the shield crops from more dehydration, sun, and hailstones by breaching their fall projected to drive the growth of this segment.
Senior Research Analyst at Cognitive Market Research
Catering to tailored needs of clients in Consulting, Business Intelligence, Market Research, Forecasting, Matrix-Modelling, Data Analytics, Competitive Intelligence, Primary research and Consumer Insights.
Catering to tailored needs of clients in Consulting, Business Intelligence, Market Research, Forecasting, Matrix-Modelling, Data Analytics, Competitive Intelligence, Primary research and Consumer Insights. Experience in analyzing current trends, market demand, market assessment, growth indicators, competitors' strategy, etc. to help top management & investors to make strategic and tactical decisions in the form of market reports and presentations. Successfully delivered more than 500+ client & consulting assignments across verticals. Ability to work independently as well as with a team with confidence and ease.
I am committed to continuous learning and staying at the forefront of emerging trends in research and analytics. Regularly engaging in professional development opportunities, including workshops and conferences, keeps my skill set sharp and up-to-date. I spearheaded research initiatives focused on market trends and competitive landscapes. I have a proven track record of conducting thorough analyses, distilling key insights, and presenting findings in a way that resonates with diverse stakeholders. Through collaboration with cross-functional teams, I played a pivotal role in shaping business strategies rooted in robust research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Agrivoltaic Market is witnessing significant growth in the near future.
In 2023, the Fixed Solar Panles segment accounted for noticeable share of global Agrivoltaic Market and is projected to experience significant growth in the near future.
The Monocrystalline segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies SunAgri, Ombrea and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Disclaimer:
System Design | Fixed Solar Panles, Dynamic |
Cell Type | Monocrystalline, Polycrystalline |
Crop | Vegetables, Fruits, Crops, Others |
List of Competitors | SunAgri, BayWa AG, Ombrea, Namaste Solar, Mirai Solar, Insolight SA, JA Solar Holdings Co. Ltd, Enel Green Power Spa, Next2Sun Technology GmbH, SunSeed APV Private Limited |
This chapter will help you gain GLOBAL Market Analysis of Agrivoltaic. Further deep in this chapter, you will be able to review Global Agrivoltaic Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Purchase Add-Ons to Customize the Report Edition and get further granular data level data about the North America market. Add-On Cost: Request before placing the order, Respective Pricing will be informed after sending the inquiry
Qualitative Analysis for the North America Market: North America Agrivoltaic Market Trends North America Agrivoltaic Technological Road Map North America Agrivoltaic Market Drivers North America Agrivoltaic Market Restraints North America Agrivoltaic Market Opportunity Market Attractiveness Analysis COVID – 19 Impact Analysis PESTEL Analysis Porter’s Five Forces Analysis Product Life Cycle Industrial Chain Analysis
You can purchase only the Executive Summary North America Market (2019 vs 2024 vs 2031)
Chapter 3 Europe Market Analysis
You can purchase only the Executive Summary Europe Market (2019 vs 2024 vs 2031)
Chapter 4 Asia-Pacific Market Analysis
You can purchase only the Executive Summary Asia Pacific Market (2019 vs 2024 vs 2031)
Chapter 5 South America Market Analysis
You can purchase only the Executive Summary South America Market (2019 vs 2024 vs 2031)
Chapter 6 Middle East and Africa Market Analysis
You can purchase only the Executive Summary Middle East and Africa Market (2019 vs 2024 vs 2031)
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation System Design Analysis 2019 -2031, will provide market size split by System Design. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by System Design Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Cell Type Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 12 Market Split by Crop Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Agrivoltaic market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Fixed Solar Panles have a significant impact on Agrivoltaic market? |
What are the key factors affecting the Fixed Solar Panles and Dynamic of Agrivoltaic Market? |
What is the CAGR/Growth Rate of Monocrystalline during the forecast period? |
By type, which segment accounted for largest share of the global Agrivoltaic Market? |
Which region is expected to dominate the global Agrivoltaic Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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