According to the report analysis, ‘Agrivoltaic Market: Current Analysis and Forecast (2021-2027)’ states that surging population across the world, restricted availability of land for cultivation coupled with growing energy requirement are proliferating the market size of agrivoltaic. In addition, augmenting the population resulted in increasing the need to nearly double the present food production to encounter that future requirement. Therefore, agrivoltaic system promises to enhance the food production and decrease the water use, while also generating energy and additional revenue. Hence, market requirement for agrivoltaic is projected to increase at proliferating rate in the reviewed period as it helps to encounter the future demand by augmenting more food, and using less water, while also generating the sustainable energy at the same time.
Moreover,
the ongoing humanity crises and climate change during near future require
immediate planning to endure the production of food and agrivoltaic solution assists
in boosting the production of food, enhances water savings and improve the
efficiency of electricity production which projected to escalate the market
size of agrivoltaic market in the forecasted duration.
Some
of the key players operating in the market involve Agrivoltaic Solution LLC,
Sun Agri, REM TEC, Enel Green Power, Boralex, Fraunhofer ISE, Solar Power
Europe, Mackin Energy, Sunrise Power, Suntech. Several M&A's along with
partnerships have been undertaken by these players to boost their existence in
different regions. These key companies in the agrivoltaic market are actively
working for keep maintaining the governing position, spreading the awareness
connected to the applications and advantages of agrivoltaic, increasing the
features and benefits of agrivoltaic, decreasing the associated prices,
delivering the better customer satisfaction, analysing the strategies and
policies of government as well as contenders, implementing the policies of
profit making and strategies of expansion, establishing the several research
and development programs and improving the qualitative and quantitative
measures of such.
Request
For Sample Report @ https://www.kenresearch.com/sample-report.php?Frmdetails=NTUwNTcy
Based
on system design, the agrivoltaic market is classified into fixed solar panel
over crops and dynamic agrivoltaic. The fixed solar panel over crops caters sector
catered significant requirement in agrivoltaic market. It is the most
predictable systems install fixed solar panels on agricultural greenhouses,
above open fields crops or between open fields crops. It also helps in
optimizing the installation by amending the density of solar panels or the
inclination of the panels.
For
a better understanding of the market implementation of agrivoltaics, the market
is analyzed based on its worldwide existence in the countries such as North
America (United States, Canada, Rest of North America), Europe (Germany, UK,
France, Spain, Italy, and Rest of Europe), Asia-Pacific (China, India,
Australia, Japan, Rest of APAC), and Rest of World. Europe projected to hold proficient
market share in agrivoltaic predominantly owing to shortage of agricultural
land growing and agrivoltaic technology in European regions assisting to boost
food production and proficiency of the crop.
For More Information, refer to
below link:-
Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
Support@kenresearch.com
+91-9015378249
