Press release
Agrivoltaics Market to Witness Stunning Growth with Aetna, Bupa, Anthem
The latest study released on the Global Agrivoltaics Market by HTF MI evaluates market size, trend, and forecast to 2030. The Agrivoltaics market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors.Key Players in This Report Include: UnitedHealth Group (United States), Aetna (CVS Health) (United States), Cigna Corporation (United States), Humana Inc. (United States), Anthem, Inc. (United States), Kaiser Permanente (United States), Bupa (United Kingdom), Allianz Partners (France), Axa (France), Mapfre (Spain), Tokio Marine HCC (United States), International Medical Group (IMG) (United States), Seven Corners, Inc. (United States), HCC Medical Insurance Services (Tokio Marine HCC)- (United States), IMG Global (United States)
According to HTF Market Intelligence, the global Agrivoltaics market is valued at USD 2.6 Billion in 2023 and estimated to reach a revenue of USD 9.5 Billion by 2030, with a CAGR of 19% from 2023 to 2030.
Get inside Scoop of Agrivoltaics Market: https://www.htfmarketintelligence.com/sample-report/global-agrivoltaics-market?utm_source=Krati_OpenPR&utm_id=Krati
Definition:
Agrivoltaics is the practice of integrating photovoltaic (solar) panels with agricultural activities. This innovative approach allows for dual use of land for both farming and energy generation, optimizing space utilization while providing sustainable energy. It is an emerging technology aiming to provide solutions to climate change by producing solar energy and promoting sustainable agricultural practices. Agrivoltaic systems can help reduce water usage in agriculture by providing shade to crops, increase farm productivity, and contribute significantly to renewable energy generation.
Market Trends:
Integration of renewable energy with agriculture, hybrid systems.
Market Drivers:
Rising need for sustainable agriculture and renewable energy solutions
Market Opportunities:
Increasing population and transition to clean energy sources
Adoption and investment in agricultural electricity
Market Challenges:
Concerns with the high initial cost of introducing agricultural power systems
Fastest-Growing Region:
APAC
Dominating Region:
North America
Market Leaders & Development Strategies:
Agrivoltaics LLC, a top agrivoltaics developer, was acquired by US-based solar developer Soltage in January 2023, giving Soltage a strong foothold in the rapidly growing agrivoltaics market. With a history of more than 2 gigawatts of solar projects around the country, Soltage had already entered the agrivoltaics market, including the largest US project of its kind. Soltage's position is strengthened by this acquisition, which enables them to provide complete agrivoltaic services, from development to operation and maintenance. It represents a growing business and rising interest in agrivoltaics from investors and developers, which is advantageous for both agriculture and renewable energy.
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The Global Agrivoltaics Market segments and Market Data Break Down are illuminated below:
Agrivoltaics Market is Segmented by Application (Horticulture, Agriculture, Aquaculture) by Type of Agriculture (Crop Farming, Livestock Farming) by System Type (Fixed Solar Panels, Solar Tracking Systems) by Component Type (Solar Panels, Mounting Structures, Tracking Systems, Inverters, Others) by Technology (Concentrated Solar Power (CSP), Photovoltaic (PV)) and by Geography (North America, South America, Europe, Asia Pacific, MEA)
Global Agrivoltaics market report highlights information regarding the current and future industry trends, growth patterns, as well as it offers business strategies to helps the stakeholders in making sound decisions that may help to ensure the profit trajectory over the forecast years.
Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
• The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
• North America (United States, Mexico & Canada)
• South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
• Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
• Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).
Objectives of the Report
• -To carefully analyze and forecast the size of the Agrivoltaics market by value and volume.
• -To estimate the market shares of major segments of the Agrivoltaics
• -To showcase the development of the Agrivoltaics market in different parts of the world.
• -To analyze and study micro-markets in terms of their contributions to the Agrivoltaics market, their prospects, and individual growth trends.
• -To offer precise and useful details about factors affecting the growth of the Agrivoltaics
• -To provide a meticulous assessment of crucial business strategies used by leading companies operating in the Agrivoltaics market, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments, and product launches.
𝐑𝐞𝐚𝐝 𝐃𝐞𝐭𝐚𝐢𝐥𝐞𝐝 𝐈𝐧𝐝𝐞𝐱 𝐨𝐟 𝐟𝐮𝐥𝐥 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐒𝐭𝐮𝐝𝐲: https://www.htfmarketintelligence.com/report/global-agrivoltaics-market
Major highlights from Table of Contents:
Agrivoltaics Market Study Coverages:
• It includes major manufacturers, emerging player's growth story, and major business segments of Agrivoltaics market, years considered, and research objectives. Additionally, segmentation on the basis of the type of product, application, and technology.
• Agrivoltaics Market Executive Summary: It gives a summary of overall studies, growth rate, available market, competitive landscape, market drivers, trends, and issues, and macroscopic indicators.
• Agrivoltaics Market Production by Region Agrivoltaics Market Profile of Manufacturers-players are studied on the basis of SWOT, their products, production, value, financials, and other vital factors.
Key Points Covered in Agrivoltaics Market Report:
• Agrivoltaics Overview, Definition and Classification Market drivers and barriers
• Agrivoltaics Market Competition by Manufacturers
• Impact Analysis of COVID-19 on Agrivoltaics Market
• Agrivoltaics Capacity, Production, Revenue (Value) by Region (2023-2030)
• Agrivoltaics Supply (Production), Consumption, Export, Import by Region (2023-2030)
• Agrivoltaics Production, Revenue (Value), Price Trend by Type {by System Type (Fixed Solar Panels, Solar Tracking Systems), by Component Type (Solar Panels, Mounting Structures, Tracking Systems, Inverters, Others)}
• Agrivoltaics Manufacturers Profiles/Analysis Agrivoltaics Manufacturing Cost Analysis, Industrial/Supply Chain Analysis, Sourcing Strategy and Downstream Buyers, Marketing
• Strategy by Key Manufacturers/Players, Connected Distributors/Traders Standardization, Regulatory and collaborative initiatives, Industry road map and value chain Market Effect Factors Analysis.
Check for Best Quote: https://www.htfmarketintelligence.com/buy-now?format=1&report=5822?utm_source=Krati_OpenPR&utm_id=Krati
Key questions answered
• How feasible is Agrivoltaics market for long-term investment?
• What are influencing factors driving the demand for Agrivoltaics near future?
• What is the impact analysis of various factors in the Global Agrivoltaics market growth?
• What are the recent trends in the regional market and how successful they are?
Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Middle East, Africa, Europe or LATAM, Southeast Asia.
Nidhi Bhawsar (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
Phone: +15075562445
sales@htfmarketreport.com
About Author:
HTF Market Intelligence Consulting is uniquely positioned to empower and inspire with research and consulting services to enable businesses with growth strategies, by offering services with extraordinary depth and breadth of thought leadership, research, tools, events, and experience that assist in decision-making.
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