The key players operating in the global Agrivoltaics Market are agrivoltaics market has demonstrated substantial growth, recording a value of USD 3.17 billion in 2021. Over the forecast period from 2022 to 2030, the market is anticipated to expand at an impressive Compound Annual Growth Rate (CAGR) of 12.15%, with a projected value of approximately USD 8.9 billion by 2030. Agrivoltaics, which involves the integration of solar panels with agricultural practices, offers several advantages such as increased land productivity, reduced water evaporation, and optimized energy generation. The growing awareness of sustainable agricultural practices and the need to address the challenges of food security and renewable energy sources are driving the adoption of agrivoltaics across the globe. Additionally, government initiatives and supportive policies promoting the use of renewable energy in agriculture further boost market growth. As technology continues to advance, providing more efficient and cost-effective solutions, the agrivoltaics market is expected to witness significant expansion in the coming years. , This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future. , Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth. , The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Oil & Gas Equipment & Services by segment aggregation, the contribution of the Oil & Gas Equipment & Services in Energy Service and vendor share. , To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns. , Agrivoltaics Market : Risk Analysis , SkyQuest's expert analysts have conducted a risk analysis to understand the impact of external extremities on Agrivoltaics Market. We analyzed how geopolitical influence, natural disasters, climate change, legal scenario, economic impact, trade & economic policies, social & ethnic concerns, and demographic changes might affect Agrivoltaics Market's supply chain, distribution, and total revenue growth. , Competitive landscaping: , To understand the competitive landscape, we are analyzing key Agrivoltaics Market vendors in the market. To understand the competitive rivalry, we are comparing the revenue, expenses, resources, product portfolio, region coverage, market share, key initiatives, product launches, and any news related to the Agrivoltaics Market. , To validate our hypothesis and validate our findings on the market ecosystem, we are also conducting a detailed porter's five forces analysis. Competitive Rivalry, Supplier Power, Buyer Power, Threat of Substitution, and Threat of New Entry each force is analyzed by various parameters governing those forces. , SkyQuest's Expertise: , The Agrivoltaics Market is being analyzed by SkyQuest's analysts with the help of 20+ scheduled Primary interviews from both the demand and supply sides. We have already invested more than 250 hours on this report and are still refining our date to provide authenticated data to your readers and clients. Exhaustive primary and secondary research is conducted to collect information on the market, peer market, and parent market. , Our cross-industry experts and revenue-impact consultants at SkyQuest enable our clients to convert market intelligence into actionable, quantifiable results through personalized engagement. , KEY MARKET SEGMENTS , By System Design , Fixed Solar Panels Over Crops , Dynamic Agrivoltaic , By Crop Type , Leafy Greens , Lettuce , Spinach , Others , Root Crops , Potatoes , Radishes , Beets, Carrots , Others , Fruits & Other Crops , By Placement , Standalone , Shading Nets , Greenhouse , Others (Solar Fence, Solar Windows, etc.) , By Material Type , Panels , Paints , By Cell Type , Monocrystalline , Polycrystalline , By Crop Collaboration , Vegetables , Fruits , Crops , Others (Herbs, etc.) , By Type of Agrivoltaic Plant , Overhead Tilted , Interspace , Hybrid , By Type of Solar Panel , Opaque , Semi-Transparent , Transparent , By Power Output , Up to 10 MWp , 10.1 to 50 MWp , More than 50 MWp , By Region , North America , Europe , Asia-Pacific , Latin America , Middle East & Africa , KEY MARKET PLAYERS , Agrivoltaic Solution LLC , Sun Agri , REM TEC , Enel Green Power , Boralex , BayWa AG , TotalEnergies SE , Mackin Energy , Sunrise Power Solutions , Suntech Power Holdings.
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