Market Insights
As per recent research by MarkNtel Advisors, The Europe Agrivoltaic Market size was valued at USD 131.53 Million in 2022 and is estimated to grow at a CAGR of around 69.34% during the forecast period, i.e., 2023-28.
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Europe Agrivoltaic Market Driver:
Supportive Government Policies & Massive Investments for Solar Adoption– The rising government initiatives and investments by the countries in the region have supported the adoption of solar systems and have led to an increase in the europe agrivoltaic market. In addition, the member states of the European Union (EU) have taken various initiatives to enhance the share of renewable energy in electricity in Europe. The members of the EU, including France, the UK, Germany, etc., have implemented climate agreements, including the Paris Climate Agreement and the Green Deal, and have increased the consumption of clean energy for electricity and the minimum usage of water. Further, massive investments have also been announced for solar energy adoption and agrivoltaic systems, which in turn will lead to an increase in the europe agrivoltaic market size in the coming years.
Market Segmentation and Consumer Behavior:
By Placement
- Standalone- Market Size & Forecast 2018-2028F, Installed Capacity (MW)
- Shading Nets- Market Size & Forecast 2018-2028F, Installed Capacity (MW)
- Greenhouse- Market Size & Forecast 2018-2028F, Installed Capacity (MW)
- Others (Solar Fence, Solar Window, etc.) – Market Size & Forecast 2018-2028F, Installed Capacity (MW)
By Cell Type
- Monocrystalline- Market Size & Forecast 2018-2028F, Installed Capacity (MW)
- Polycrystalline- Market Size & Forecast 2018-2028F, Installed Capacity (MW)
By Crop Collaboration
- Vegetables- Market Size & Forecast 2018-2028F, Installed Capacity (MW)
- Fruit- Market Size & Forecast 2018-2028F, Installed Capacity (MW)
- Crop- Market Size & Forecast 2018-2028F, Installed Capacity (MW)
- Others (Herbs, etc.) – Market Size & Forecast 2018-2028F, Installed Capacity (MW)
By Type of Solar Panel
- Opaque- Market Size & Forecast 2018-2028F, Installed Capacity (MW)
- Semi-Transparent- Market Size & Forecast 2018-2028F, Installed Capacity (MW)
- Transparent
By Power Output
- Upto 10 KWh- Market Size & Forecast 2018-2028F, Installed Capacity (MW)
- 1 to 50 KWh- Market Size & Forecast 2018-2028F, Installed Capacity (MW)
- More Than 50 KWh- Market Size & Forecast 2018-2028F, Installed Capacity (MW)
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Europe Agrivoltaic Market Geographical Analysis:
By Country:
- The UK
- France
- Germany
- The Netherlands
- Italy
- Spain
- Ireland
- Rest of the Europe
Key Players and Competitive Strategies in the Europe Agrivoltaic Market
Several prominent players dominate the Europe Agrivoltaic Market, including:
- Enel Green Power
- Engie
- Sun Agri
- GreenYellow
- REM Tec
- Kilowattsol
- Trina Solar
- Altergie
- TDK Electronics
- SunEwat Business Description
- Akuo Energ Business Description
- Others (Next2Sun, Falick Renewables, etc.)
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Questions Addressed in this Study
1.What factors are driving the Europe Agrivoltaic Market growth?
2.How is the Europe Agrivoltaic Market expected to grow over the next five years?
3.What are the key insights into the current trends in the Europe Agrivoltaic Market?
4.What is the current size of the Europe Agrivoltaic Market, and how is it projected to change in the future?
5.What is the future outlook for the Europe Agrivoltaic Market in terms of technological advancements and market expansion?
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