6-agrivoltaics-market

1. Analysis of Agrivoltaic Market New Opportunities, Top Trends, Rising Demand, Emerging Growth, Business Development and Regional Analysis Research Nester assesses the growth and market size of the global agrivoltaic market which is anticipated to be on account of the rising demand for power and increasing government initiatives. Research Nester’s recent market research analysis on “Agrivoltaic Market: Global Demand Analysis & Opportunity Outlook 2037” delivers a detailed competitors analysis and a detailed overview of the global agrivoltaic market in terms of market segmentation by system design, cell type, crop type, placement, plant type, output and by region. Request for customization @ https://www.researchnester.com/customized-reports-5880 Advancements in Farming Techniques and Growing Investment from Government and Private Players to Promote Global Market Share of Agrivoltaic Market The global agrivoltaic market is estimated to grow majorly on account of the increased advancements in farming techniques. The agrivoltaic applications include the cultivation of crops & food and rendering ecosystem services by managing livestock population, vegetation, and the formation of solar greenhouses. It has been estimated that the global population will rise by an estimation of almost 2 billion people in the next 30 years and agrivoltaics is one of the prominent ways of utilizing the same area of land to produce more amount of food while also bringing forward more renewable energy sources. Other than this, green house- based farming produces almost 10 times more food than growing in open fields. Other than this, there have been humongous investments and

2. subsidies from the government to fuel the market growth. To get net zero carbon emission targets, governments from all over the world are transitioning their fossil fuel-based economy. Other than this, numerous countries are targeting net zero emissions and almost 8 countries have already achieved net zero emission. On the back of rising quest for reducing the carbon emission, the global agrivoltaic market is anticipated to garner significant growth during the forecast period. Some of the major growth factors and challenges that are associated with the growth of the global agrivoltaic market are: Growth Drivers: •Increasing Demand for Power •Rising Government Initiatives Challenges: High initial cost, lack of awareness and strict regulations associated with the usage of land are some of the major factors anticipated to hamper the market size of global agrivoltaic market. Access our detailed report at: https://www.researchnester.com/reports/agrivoltaics-market/5880 By crop type, the global agrivoltaic market is segmented into leafy greens, root crops, and fruits. Out of these, the leafy greens segment is projected to garner a notable share. The growth can be attributed to the rising inclination towards the leafy greens. In a survey, it was observed that almost 97.8% of people reported eating leafy greens regularly. By region, the Europe agrivoltaic market is to generate the highest revenue by the end of 2037. The Europe agrivoltaic market size was valued at almost USD 131 million in the year 2022. The growth in the region can

3. be attributed to the rising government initiatives and investment by numerous market players in the region during the forecasted period. This report also provides the existing competitive scenario of some of the key players of the global agrivoltaic market which includes company profiling of Agrivoltaic Solution LLC, Boralex, BayWa AG, TotalEnergies SE, Mackin Energy, Sun Agri, REM TEC, Enel Green Power, Sunrise Power Solutions, Suntech Power Holdings and others. Request Report Sample@ https://www.researchnester.com/sample-request-5880 Research Nester is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision in order to avoid future uncertainties. Contact for more Info: AJ Daniel Email: info@researchnester.com U.S. Phone: +1 646 586 9123 U.K. Phone: +44 203 608 5919