Global Photovoltaic Greenhouse Market Set to Surge From USD 1.02 Billion to USD 2.48 Billion by 2030 with a CAGR of 10.5%, Driven by Rising Global Demand for Fresh Produce and Technological Advancements

According to the latest published report from Dataintelo, the global Photovoltaic Greenhouse market is set to expand significantly from a valuation of USD 1.02 Billion in 2017, it's projected that by 2030, the industry will reach an estimated worth of USD 2.48 Billion. A robust Compound Annual Growth Rate (CAGR) of 10.5% is foreseen between the years of 2017 and 2030. This impressive growth can be traced back to the mounting global demand for vegetables, fruits, and flowers, bolstered by technological advancements and increasing conscientiousness about the advantages that photovoltaic greenhouses offer.

As growing conditions become increasingly volatile due to global climate fluctuations, the utility of photovoltaic greenhouses to maintain and control favourable growing conditions is expected to be a key driver of the market growth. As these systems are tailored to harness the power of the sun to generate electricity, alongside fostering ideal atmospheric parameters for plant growth, they effectively reduce agricultural reliance on traditional fossil fuel energy.

Reinforcing the adoption of photovoltaic greenhouses is the global push towards more sustainable and less polluting forms of energy. Integrating renewable solar power with food production is predicted to contribute to both global food security and climate change mitigation.

Moreover, innovative advancements in greenhouse technology are expected to further propel the photovoltaic greenhouse market. From advanced climate control systems to smart sensors and automated irrigation systems, these enhancements are making photovoltaic greenhouses more efficient and productive, thus attracting more investors and stakeholders in the sector

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐚 𝐟𝐫𝐞𝐞 𝐬𝐚𝐦𝐩𝐥𝐞 𝐫𝐞𝐩𝐨𝐫𝐭 @ https://dataintelo.com/request-sample/150049

𝐓𝐡𝐢𝐬 𝐢𝐬 𝐨𝐧𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐦𝐨𝐬𝐭 𝐝𝐞𝐭𝐚𝐢𝐥𝐞𝐝 𝐫𝐞𝐩𝐨𝐫𝐭 𝐚𝐧𝐝 𝐜𝐨𝐯𝐞𝐫 𝐭𝐡𝐞 𝐟𝐨𝐥𝐥𝐨𝐰𝐢𝐧𝐠 𝐬𝐞𝐠𝐦𝐞𝐧𝐭𝐬:

The photovoltaic greenhouse market has been segmented on the basis of𝐓𝐲𝐩𝐞
● Single Pitche
● Multiple Pitches

𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧
● Vegetables
● Fruits
● Flowers
● Others

𝐑𝐞𝐠𝐢𝐨𝐧
● Asia Pacific
● North America
● Latin America
● Europe
● Middle East & Africa

𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬
● OPUS ET VITA
● CVE
● Richel
● Polysolar
● Urbasolar
● Meeco
● Reden Solar
● Gakon
● METALSISTEM
● Akuo Energy
● Ininsa



Segment Analysis:

The photovoltaic greenhouse market is categorized into various segments including type and application. In terms of type, the market is divided into single pit and multiple pitches. Single pit photovoltaic greenhouses have a single slanting roof and are generally more cost-effective and simpler to construct.The multiple pitches type, on the other hand, gives different advantages such as utilisation of space and more sunlight exposure for the plants. They are more complicated to build and can incur higher expenses, but may provide greater returns in the long term depending on the crop being cultivated.

The application areas for a photovoltaic greenhouse mainly include growing vegetables, fruits, flowers, and others. A photovoltaic greenhouse mainly allows for the cultivation of crops throughout the year, irrespective of weather conditions. Therefore, these greenhouses are highly popular amidst horticulturists and farmers. These greenhouses are particularly useful for the cultivation of temperature-sensitive or exotic fruits and vegetables. The segment of flowers is also expected to grow at a decent rate because of the rising demand for exotic flowers.

Regional Analysis:

Geographically, the photovoltaic greenhouse industry is characterized into regions such as Asia Pacific, North America, Europe, Latin America, and the Middle East and Africa. The Asia Pacific region is anticipated to dominate the market owing to the rapid technological advancements and the rising number of green energy initiatives in countries such as China and India. Demand in North America is also booming due to the high adoption rates of advanced farming methods.

Europe holds a significant share of the photovoltaic greenhouse market because of the extensive use of these greenhouses in countries like the Netherlands and Spain. The markets in Latin America and Middle East & Africa also exhibit potential growth owing to the increasing awareness about sustainable farming practices. Key players like OPUS ET VITA, CVER, Richel, Polysolar, Urbasolar, Meeco, Reden Solar, Gakon, METALSISTEMA, Akuo Energy, and Ininsa are key contributors to the global photovoltaic greenhouse market. Their strategic initiatives and product innovations can set new trends and standards in the market

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐚 𝐟𝐫𝐞𝐞 𝐬𝐚𝐦𝐩𝐥𝐞 𝐫𝐞𝐩𝐨𝐫𝐭 @ https://dataintelo.com/request-sample/150049

Market Drivers for Photovoltaic Greenhouse Market:

1. Increase in Environmental concerns: Growing environmental concerns and the emphasis on reducing carbon footprints promote the use of renewable energy resources. As greenhouses consume a significant amount of energy, the need for efficient energy solutions like photovoltaic greenhouses has increased.

2. Government Incentives and Policies: Many governments have formulated policies encouraging the use of alternative energy sources, offering incentives and subsidies for solar power generation. This has increased the adoption of photovoltaic greenhouses.

3. Technological Advancements: Advancements in photovoltaic technologies, including the development of more efficient solar cells and the integration of advanced control systems, drives the growth of the photovoltaic greenhouse market.

4. Rising Energy Costs: The increasing costs of traditional energy sources such as petroleum and coal have encouraged many farmers to switch to more economical alternatives such as photovoltaic greenhouses.

Opportunities for Photovoltaic Greenhouse Market:

1. Increase in Demand for Organic Produce: Due to health awareness, there is an increased demand for organically produced foods, which are often grown in greenhouses. This provides an opportunity for photovoltaic greenhouse market growth.

2. Expansion in Emerging Markets: There are abundant opportunities for the expansion of the photovoltaic greenhouse market in emerging economies due to favorable weather conditions, growing populations, and high agricultural output.

3. Hike in Investments: Increasing inclination towards renewable sources of energy has led to increased investments in the photovoltaic greenhouse sector, providing vast opportunities for this market's growth.

4. Integrated Farming Practices: The adoption of integrated farming practices, facilitating the combination of fish farming or poultry with crop cultivation in photovoltaic greenhouses, offers significant opportunities for the market.

5. Adoption of Smart Greenhouse: With the advent of smart technologies, smart greenhouses equipped with photovoltaic systems would be a significant opportunity, impacting the growth of the photovoltaic greenhouse market positively

𝐘𝐨𝐮 𝐜𝐚𝐧 𝐝𝐢𝐫𝐞𝐜𝐭𝐥𝐲 𝐛𝐮𝐲 𝐭𝐡𝐢𝐬 𝐫𝐞𝐩𝐨𝐫𝐭 𝐟𝐫𝐨𝐦: https://dataintelo.com/checkout/150049

This report should be bought by business professionals, market researchers, decision-makers in corporations, entrepreneurial startups, and investors who need a comprehensive, trustworthy and in-depth analysis of the market trends, competitive landscape, and industry performance.

Dataintelo is a highly regarded firm in the market research sector, known for its thorough and precise reports. The company's expertise lies is in collecting, interpreting, and analyzing data to provide actionable insights, which is an invaluable asset for businesses looking to gain a competitive edge.

One of the best things about Dataintelo is its broad and diverse coverage. The company covers an array of industries, providing insights into numerous markets worldwide. They also regularly update their reports, ensuring that their clients always have current data.

Additionally, Dataintelo's reports are detailed and easy to understand. They provide comprehensive overviews of the industry in question, giving readers a clear picture of the market's present scenario and future prospects.

Lastly, Dataintelo's customer service is top-notch. The team goes above and beyond to ensure that clients achieve their goals and get their questions answered. They also provide personalized services, catering to the specific needs and requirements of their clients

Contact Us :
Dataintelo
Name - Alex Mathews
Phone No.: +1 909 414 1393
Email - sales@dataintelo.com
Website - https://dataintelo.com
Address - 500 East E Street, Ontario, CA 91764, United States.

𝐑𝐞𝐩𝐨𝐫𝐭 𝐜𝐚𝐧 𝐛𝐞 𝐜𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐞𝐝 𝐚𝐬 𝐩𝐞𝐫 𝐲𝐨𝐮𝐫 𝐧𝐞𝐞𝐝.

𝐄𝐦𝐚𝐢𝐥 𝐮𝐬 𝐨𝐧 - 𝐬𝐚𝐥𝐞𝐬@𝐝𝐚𝐭𝐚𝐢𝐧𝐭𝐞𝐥𝐨.𝐜𝐨𝐦

𝐀𝐛𝐨𝐮𝐭 𝐃𝐚𝐭𝐚𝐢𝐧𝐭𝐞𝐥𝐨:

𝐃𝐚𝐭𝐚𝐢𝐧𝐭𝐞𝐥𝐨 boasts extensive experience in creating tailored Market research reports across diverse industry verticals. With in-depth Market analysis, creative business strategies for new entrants, and insights into the current Market scenario, our reports undergo intensive primary and secondary research, interviews, and consumer surveys.

This release was published on openPR.