Solar Powered Irrigation System Market was valued at USD 1.2 Billion in 2022 and is projected to reach USD 3.5 Billion by 2030, growing at a CAGR of 16.7% from 2024 to 2030.
The global solar-powered irrigation system market was valued at approximately USD 1.2 billion in 2022. This market is projected to experience robust growth, with a compound annual growth rate (CAGR) of 12.5% from 2023 to 2030. The increasing need for efficient water management solutions and the rising adoption of sustainable agricultural practices are key drivers of this growth. Furthermore, the integration of advanced technologies such as IoT and automation in solar-powered irrigation systems is expected to boost market demand, as these technologies enhance system efficiency and water usage precision.
Opportunity analysis reveals significant potential in emerging markets, particularly in regions with abundant sunlight and water scarcity challenges, such as parts of Africa and Southeast Asia. These areas offer substantial growth prospects due to the increasing need for cost-effective and sustainable irrigation solutions. Additionally, supportive government policies and initiatives aimed at promoting renewable energy and sustainable agricultural practices are likely to drive further expansion in these regions. As the market evolves, technological advancements and innovations in solar-powered irrigation systems will continue to unlock new opportunities for growth and development in both established and emerging markets.
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Lorentz
SunCulture
Grundfos Solar Solar-Powered Water Distribution System Solutions
Wien Energy
Jain Irrigation Systems Ltd.
Netafim
Connexa
CRI Pumps
Aqua Solar
Bright Solar Limited
Gautam Solar
Rain Bird Corporation
Shakti Pumps
Bonergie Irrigation
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Solar Powered Irrigation System Market
Agricultural irigation
Landscaping and gardening
Others
Based on Types the Market is categorized into Below types that held the largest Solar Powered Irrigation System market share In 2023.
Drip Irrigation
Sprinkler Irigation
Surface Irigation
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Solar Powered Irrigation System Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Solar Powered Irrigation System Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Solar Powered Irrigation System Market, By Type
6. Global Solar Powered Irrigation System Market, By Application
7. Global Solar Powered Irrigation System Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Solar Powered Irrigation System Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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