Press release
Agrivoltaics Market Trends, Key Drivers, Opportunities, Leading Players And Forecast To 2033
Agrivoltaics Market Trends
According to The Business Research Company's, The agrivoltaics market size has grown rapidly in recent years. It will grow from $4.06 billion in 2023 to $4.59 billion in 2024 at a compound annual growth rate (CAGR) of 13.1%. The growth in the historic period can be attributed to increasing demand for renewable energy, increased energy efficiency, government incentives, environmental conservation, energy storage integration.
Get The Complete Scope Of The Report @
https://www.thebusinessresearchcompany.com/report/agrivoltaics-global-market-report
Market Drivers and Trends:
Rising demand for agricultural land is expected to propel the growth of the agrivoltaics market going forward. Agricultural land refers to the land area that is either arable, under permanent crops or under permanent pastures. Agrivoltaics can offer a sustainable and efficient approach to agricultural land use, combining the benefits of renewable energy generation with agricultural production while potentially improving the resilience of farming systems to climate change. For instance, according to the Ministry of Agriculture & Farmers Welfare, an India-based nodal government agency, the total area planted to Rabi crops in India during the 2021-2022 season was reported to be 664.20 lakh hectares, up from 652.55 lakh hectares in 2020-21. Further, this represents a 15% increase in the area planted with Rabi crops compared to the previous year. Therefore, rising demand for agricultural land is driving the growth of the agrivoltaics market.
Major companies operating in the agrivoltaics market are developing innovative products such as Bisol Lumina to meet international standards, emphasizing quality and safety. Bisol Lumina is a bifacial monocrystalline PV module with a transparent backsheet designed to provide high transparency ratio and efficient energy conversion. For instance, in July 2023, Bisol, a Slovenia-based solar energy company, launched Bisol Lumina for agrivoltaics. The panels contain bifacial solar cells to maximize the PV module's output power, and the transparent backsheet has excellent resistance to external influences, ensuring consistent performance throughout its lifespan. The panels are engineered to withstand various environmental conditions, such as strong winds and heavy snow loads, and are certified to meet international standards, emphasizing quality and safety.
Key Benefits for Stakeholders:
• Comprehensive Market Insights: Stakeholders gain access to detailed market statistics, trends, and analyses that help them understand the current and future landscape of their industry.
• Informed Decision-Making: The reports provide crucial data that support strategic decisions, reducing risks and enhancing business planning.
• Competitive Advantage: With in-depth competitor analysis and market share information, stakeholders can identify opportunities to outperform their competition.
• Tailored Solutions: The Business Research Company offers customized reports that address specific needs, ensuring stakeholders receive relevant and actionable insights.
• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.
Ready to Dive into Something Exciting? Get Your Free Exclusive Sample of Our Research Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=13771&type=smp
Major Key Players of the Market:
TotalEnergies SE, Huawei Technologies Co., BayWa AG, Trina Solar, Enel Green Power Spa, JA Solar Holdings Co. Ltd., Ombrea SAS, SunPower Corporation, Suntech Power Holdings, Boralex, Soltec Power Holdings SA, Voltalia SA, Solarwatt, Namaste Solar, Sunseap Group, REM Tec, Sunrise Power Solutions, Agrivoltaic Solution LLC, DualSun, Ecovoltaics, Insolight SA, Mackin Energy, Mirai Solar, Next2Sun Technology GmbH, Sun'Agri SAS, SunSeed APV Private Limited
Agrivoltaics Market 2024 Key Insights:
• The agrivoltaics market is expected to grow to $7.08 billion in 2028 at a compound annual growth rate (CAGR) of 11.4%.
• Rising Demand For Agricultural Land Propels Growth Of Agrivoltaics Market
• Introduction Of Innovative Agrivoltaics Products
• North America was the largest region in the agrivoltaics market in 2023
We Offer Customized Report, Click @
https://www.thebusinessresearchcompany.com/Customise?id=13771&type=smp
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
The Business Research Company (https://www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Agrivoltaics Market Trends, Key Drivers, Opportunities, Leading Players And Forecast To 2033 here
News-ID: 3683746 • Views: …
More Releases from The Business research company
Company Registration Service Market Landscape 2025: Forecast Data and Growth Str …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Company Registration Service Market Through 2025?
The market size for company registration services has seen robust growth in the recent past. The market is projected to expand from $10.67 billion in 2024 to $11.55 billion in 2025, exhibiting a compound annual growth…
Comprehensive 2025 Commercial Toilet Partition Market Overview: Trends, Forecast …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Toilet Partition Market Through 2025?
In recent years, the market size for commercial toilet partitions has significantly expanded. The forecast predicts a rise from $1.82 billion in 2024 to $1.95 billion in 2025, with a compound annual growth rate (CAGR) of…
Key Trends Influencing the Growth of the Commercial Insurance For Small And Medi …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Insurance For Small And Medium-Sized Enterprises (SMEs) Market Through 2025?
The market size of commercial insurance for small and medium-sized enterprises (SMEs) has seen substantial growth over the recent years. A rise from $111.83 billion in 2024 to $119.76 billion in…
Growing Focus On Reducing Greenhouse Gas Emissions Driving The Market Growth Due …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Combustion Emissions Analyzer Market Through 2025?
In the past few years, the market size for combustion emissions analyzer has seen robust growth. It is projected to increase from $1.02 billion in 2024 to $1.09 billion in 2025, with a compound annual growth…
More Releases for Agri
SFarmsIndia Launches Full Stack Agri Land Services
SFarmsIndia.com, India's first Agri land marketplace, has announced Agri land services needed for pre and post agriculture land registration.These services for both buyers and farmers include packages such as Land survey, RSR/revenue document verification, Legal verification, Document writing & registration guidance, Subdivision and landmarking, Mutation guidance, Pattadar/title passbook guidance, and farmer certificate guidance. While most of these services are available around 16 states (both south and north states) and plans…
Blockchain - Adoption in Agri-Food Industry
After proving its mettle in the cryptocurrency world, Blockchain (BC), a distributed open ledger technology, has started disrupting other industries such as healthcare, automotive, BFSI, transportation, etc. In the agri-food industry, where the supply chain is a vital part of the industry, BC-based solutions facilitate trust and acceptability.
The outbreak of food-borne illnesses, food frauds and mishandling of produce, has only added to the need for developing track and trace solutions,…
Rapeseed Oil Market 2019 | Worldwide Forecast 2025 | Major Players - ADM Agri-In …
Up Market Research has added the latest research report on “Rapeseed Oil Market Forecast to 2025” to its huge pool of market research reports database. The most up to date report comprises the latest trends that influence the market competition in the forecast period.
The Rapeseed Oil Market Report 2025 provides a regional analysis of the market. The regional analysis focuses on manufacturers, suppliers, segmentation according to the application, major players,…
Agri-Days 2018
On the 21st, 22nd and 23rd of November, we will host our fourth annual Agri-Days Event. Key attractions this year will include Proforge Machinery Demonstrations (subject to weather), featuring the launch of our New Proforge Mounted Multimole Moledrainer. This represents an impressive addition to our iconic Moledrainer range that is ground-breaking in every sense of the word.
Besides that, exclusive New & Used Machinery Offers will be revealed at the…
Global Palm Oil Market Professional Survey Report 2017 - Golden Agri Resources, …
This report studies Palm Oil in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2012 to 2016, and forecast to 2022.
This report focuses on top manufacturers in global market, with production, price, revenue and market share for each manufacturer, covering
Felda Global Ventures
Sime Darby Plantation
Golden Agri Resources
Ivomas
RGE Pte
IOI
Genting Group
Bumitama Agri
KLK
London Sumatra
WILMAR
Musim Mas
Astra Agro Lestari
Get a…
Global Flowering Stimulant Market 2017 : Molecule Agri, SIKKO INDUSTRIES, Redox …
A market study based on the "Flowering Stimulant Market" across the globe, recently added to the repository of Market Research, is titled ‘Global Flowering Stimulant Market 2017’. The research report analyses the historical as well as present performance of the worldwide Flowering Stimulant industry, and makes predictions on the future status of Flowering Stimulant market on the basis of this analysis.
Get Free Sample Copy of Report Here :
http://bit.ly/2jB1RNw
Top Manufacturers…
