Solar Powered Irrigation Market: A Smart Investment for the Future of Farming To Reach USD 112.24Bn by 2031 | Most Leading Companies - Connexa, Bonergie, Jain Irrigation Systems Ltd., LORENTZ, Rain Bird Corporation, SunCulture

Global Solar Powered Irrigation System Market reached USD 62.94 billion in 2022 and is expected to reach USD 112.24 billion by 2031, growing with a CAGR of 8.5% during the forecast period 2024-2031

Solar Powered Irrigation System Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.

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A Solar Powered Irrigation System (SPIS) is an advanced irrigation solution that uses solar energy to pump water for agricultural irrigation purposes. These systems typically consist of solar panels, a water pump, and a control system that works together to efficiently provide water to crops, particularly in regions with limited access to electricity or reliable water sources. By harnessing solar energy, SPIS systems reduce dependency on fossil fuels, lower operational costs, and promote sustainability in agriculture.

List of the Key Players in the Solar Powered Irrigation System Market:

Connexa, Bonergie, Jain Irrigation Systems Ltd., LORENTZ, Rain Bird Corporation, SunCulture, Wien Energie GmbH, Bright Solar Limited, Netafim and Grundfos Pumps India Private Ltd.

Industry Development:

On December 7, 2021, Gujarat State Fertilizers Company Ltd. introduced the Sardar Package Scheme in more than 41 taluks across Gujarat, aiming to encourage the adoption of renewable energy, particularly solar power, in irrigation practices.

Growth Forecast Projected:

The Global Solar Powered Irrigation System Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Research Process:

Both primary and secondary data sources have been used in the global Solar Powered Irrigation System Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Segment Covered in the Solar Powered Irrigation System Market:

By Type: Drip Irrigation, Sprinkler Irrigation, Surface Irrigation

By Component: Solar Panel, Pump Controller, Submersible Water Pump, Inverter, Others

By Application: Agricultural irrigation, Landscaping and gardening, Others

Regional Analysis for Solar Powered Irrigation System Market:

The regional analysis of the Solar Powered Irrigation System Market covers key regions including North America, Europe, Asia Pacific Middle East and Africa and South America. The North America with a focus on the U.S., Canada, and Mexico; Europe, highlighting major countries like the U.K., Germany, France, and Italy, along with other nations in the region; Asia-Pacific, covering India, China, Japan, South Korea, and Australia, among others; South America, with emphasis on Colombia, Brazil, and Argentina; and the Middle East & Africa, which includes Saudi Arabia, the U.A.E., South Africa, and other countries. This comprehensive regional breakdown helps identify unique market trends and growth opportunities specific to each area.

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.

➡ Top-down and bottom-up approach for regional analysis

➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.

➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

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People Also Ask:

➠ What is the global sales, production, consumption, import, and export value of the Solar Powered Irrigation System market?

➠ Who are the leading manufacturers in the global Solar Powered Irrigation System industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?

➠ What opportunities and challenges do vendors in the global Solar Powered Irrigation System industry face?

➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?

➠ What are the key factors and limitations affecting the growth of the Solar Powered Irrigation System market?

➠ What are the various sales, marketing, and distribution channels in the global industry?

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