Press release
Solar Powered Irrigation System Market Expands with Push Toward Sustainable Water Use - Key Players are Connexa, Bonergie, Jain Irrigation Systems Ltd.
Solar Powered Irrigation System Market
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
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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.
Solar Powered Irrigation System Market Recent 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.
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.
Assessing the Effects of U.S. Tariffs on the Solar Powered Irrigation System Market
The U.S. tariff war is reshaping how businesses analyze trends and make strategic decisions. As tariffs drive up costs and disrupt supply chains, companies are increasingly focused on understanding consumer behavior, identifying new sourcing opportunities, and adjusting their operations to remain competitive. The ongoing uncertainty has created a stronger demand for timely insights and data-driven strategies to navigate shifting trade dynamics and economic pressures.
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:
⇥ 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)
People Also Ask:
Most Frequently Asked Questions in the Solar Powered Irrigation System Market Research Industry:
➠ What are the global figures for sales, production, consumption, imports, and exports in the Solar Powered Irrigation System market?
➠ Who are the top manufacturers in the global Solar Powered Irrigation System industry, and what is their current status in terms of production capacity, output, sales performance, pricing structure, cost analysis, profit margins, and overall revenue?
➠ What key opportunities are available for vendors in the Solar Powered Irrigation System market, and what challenges are they likely to encounter?
➠ Which application areas, end-user segments, or product types are projected to experience significant growth, and how is the market share distributed among them?
➠ What are the major drivers and barriers influencing the growth trajectory of the Solar Powered Irrigation System market?
➠ What are the primary sales, marketing, and distribution strategies used across the global Solar Powered Irrigation System industry landscape?
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