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Analysis of Solar Powered Irrigation System Size by Research Nester Reveals the Market to Grow with a CAGR of ~9% During 2023-2035 and Attain ~USD 125 Billion by 2035<br>
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Analysis of Solar Powered Irrigation System Size by Research Nester Reveals the Market to Grow with a CAGR of ~9% During 2023-2035 and Attain ~USD 125 Billion by 2035 Research Nester assesses the growth and market size of the global powered irrigation system market which is anticipated to be on account of the growing energy consumption of the agriculture sector. New York – May 29, 2023 - Research Nester’s recent market research analysis on “Solar Powered Irrigation System Market: Global Demand Analysis & Opportunity Outlook 2035” delivers a detailed competitors analysis and a detailed overview of the global powered irrigation system market in terms of market segmentation by type, component, application, and by region.
Rise in Demand for Food to Boost the Global Solar Powered Irrigation System The global solar-powered irrigation system market is set to grow owing to the rise in demand for food. Irrigation is one of the strategies that is estimated to increase yields, decrease sensitivity to shifting rainfall patterns, and enable a variety of agricultural practices. Hence, this strategy aims to feed a large number of the population since it guides in production of food of quality and quantity. Therefore, to make this process more sustainable and cost-effective the adoption of solar-powered irrigation systems is poised to grow. Moreover, solar technologies are becoming a feasible option for both large-scale and small-scale farmers as the investment prices for solar-powered irrigation systems (SPIS) are declining and SPIS subsidy schemes are being implemented. Moreover, in many remote parts of the world people don’t have an adequate source of electricity. Hence, the implementation of solar-powered irrigation systems is estimated to grow in those parts over the forecast period. The irrigation system working on solar energy lessens dependence on electricity or diesel, hence once installed, there is no ongoing cost for electricity or fuel. Additionally, as compared to the conventional irrigation system, the solar-powered irrigation system requires carries less maintenance cost. Some of the major growth factors and challenges that are associated with the growth of the global solar-powered irrigation system are: Growth Drivers: Reduces Greenhouse Gases ·
Presence of Large-Scale Cultivated Land · Challenges: The price of installing solar solar-powered irrigation system is usually high. Hence, farmers in developing nation finds it difficult to invest in such technology. Moreover, they are not further educated and aware of its benefits. Hence, usually restrain from adopting it. Moreover, there are a lot of disadvantages to solar irrigation systems, including the possibility that they won't produce enough electricity, particularly at night or when it's cloudy. Therefore, solar irrigation is only useful in areas with abundant sunlight. Furthermore, if the land is obscured by trees or other structures, it might not receive enough sunshine to adequately power the system. This might even necessitate using a backup power source and lead to erratic watering schedules. Access our detailed report at: https://www.researchnester.com/reports/solar-powered-irrigati on-system-market/5033 By application, the market for solar-powered irrigation systems is segmented into landscaping & gardening, and agricultural irrigation. Out of these segments, the agriculture irrigation segment is set to garner the highest revenue over the forecast period owing to the growing demand for food. However, owing to the irregular pattern of rain in many parts of the world it gets difficult to satisfy the growing demand for food. Therefore, irrigation is essential to agriculture's viability in areas with infrequent or irregular rainfall. Irrigation enhances agricultural growth and quality where
precipitation is erratic. Hence, irrigation also contributes to more steady food supplies by enabling farmers to cultivate crops on a regular schedule. By region, the Europe market for solar-powered irrigation systems is poised to grow by the end of 2035. This can be attributed to the growing focus on clean energy sources. Moreover, the consumption of water in agriculture applications. The agriculture industry in Germany is one of the key industries that considerably contributes to the national economy. Additionally, the agricultural sector of the nation has transitioned from traditional farming practices to cutting-edge ones over the years. in Europe is growing, hence the need for irrigation systems. Hence, with the growing technology advancement in the agriculture sector, the preference for solar-powered irrigation systems is also boosting. This report also provides the existing competitive scenario of some of the key players of the global solar-powered irrigation system market which includes company profiling of Lorentz, SunCulture, Grundfos, Wien Energie GmbH, Jain Irrigation Systems Ltd., Netafim, Connexa, CRI Pumps Private Limited, Aqua Solar Technology, InfraCo Africa, and others. Request Report Sample@ https://www.researchnester.com/sample-request-5033 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 make wise decisions for their future marketing strategy, expansion investment, etc. We believe every business can expand to its new horizon,
provided the right guidance at the right time is available through strategic minds. Our out-of-the-box thinking helps our clients to make wise decisions 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