Global Solar Powered Irrigation System Market Size study & Forecast, by Type, By Component, By Application and Regional Analysis, 2022-2029

Description

List of Tables

Global Solar Powered Irrigation System Market is valued at approximately USD 54.1 Billion in 2021 and is anticipated to grow with a healthy growth rate of more than 8.4% over the forecast period 2022-2029. A solar-powered irrigation system is a type of irrigation system that uses energy from the sun to power the water pumps or motors that move water from a source, such as a well or reservoir, to the fields or crops being irrigated. It uses photovoltaic (PV) panels to capture sunlight and convert it into electricity that is then used to power water pumps and other irrigation equipment. In a typical solar powered irrigation system, the PV panels are installed on the ground or mounted on a structure such as a pole or a roof. The market demand is primarily driven by the factors such as increasing demand for food due to the growing population, the growing need for sustainable and eco-friendly energy solutions and the increasing government initiatives to provide incentives and subsidies for the adoption of solar powered irrigation systems.

In addition, the increasing government initiatives for the usage of solar powered irrigation systems and the rising price of electricity are acting as major driving factors for market growth. According to International Water Management Institute, the government of India (GOI) plans to construct 175 gigawatts (GW) of renewable energy capacity by 2022, with solar accounting for 100 GW of that total. Similarly, according to Statista, as of June 2022, Danish homes were charged approximately 0.53 US dollars per kilowatt-hour at the time, whereas German households were charged 0.52 US dollars per kilowatt-hour. Hence, the growing need to shift towards renewable energy due to increasing prices of electricity and the increasing government projects to equip agricultural lands with solar powered equipment is expected to escalate the demand for solar powered irrigation systems in the global market. Furthermore, the rising popularity of solar powered irrigation systems due to the high cost of electricity and growing investments towards research and development to enhance the efficiency of solar powered irrigation systems are presenting lucrative opportunities for market growth over the forthcoming years. However, the high initial investment cost of installing solar powered irrigation systems is restricting the market growth over the forecast period of 2022-2029.

The key regions considered for the Global Solar Powered Irrigation System Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia Pacific dominated the market in terms of revenue due to the high level of agricultural activities and a substantial amount of cultivated land in the region. Whereas, North America is also expected to grow at the highest growth rate over the forecasting period due to increasing investments in renewable energy. Factors such as increasing prices of fossil fuels, rising concerns about the availability of fossil fuels, growing usage of renewable energy due to pollution and increasing population globally are burgeoning the market growth in the forecasting years.

Major market players included in this report are:

Connexa
Bonergie
Jain Irrigation Systems Ltd.
LORENTZ
Rain Bird Corporation
SunCulture
Wien Energie GmbH
Bright Solar Limited
Netafim
Grundfos Pumps India Private Ltd.

Recent Developments in the Market:

In March 2023, Netafim, an Orbia firm and global pioneer in precision agriculture solutions, announced the inauguration of its first manufacturing factory in North Africa to support the effective adoption of precision irrigation in Morocco and develop the country's agricultural industry. The investment in this plant demonstrates the company's long-standing commitment to assisting countries in the area in achieving food security and combating climate change.
In September 2021, Bonergie, a solar products and solutions company, announced the successful financing of USD 2.4 million with the motive to install 500 irrigation systems and 2000 solar water pumps within the next three years in Senegal.

Global Solar Powered Irrigation System Market Report Scope:

Historical Data: 2019-2020-2021

Base Year for Estimation: 2021

Forecast period: 2022-2029

Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends

Segments Covered: Type, Component, Application, Region

Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World

Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.

By Type:

Drip Irrigation
Sprinkler Irrigation
Surface Irrigation

By Component:

Solar Panel
Pump Controller
Submersible Water Pump
Inverter
Others

By Application:

Agricultural irrigation
Landscaping and gardening
Others

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
ROLA
Rest of the World

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
- 1.2.1. Solar Powered Irrigation System Market, by Region, 2019-2029 (USD Billion)
- 1.2.2. Solar Powered Irrigation System Market, by Type, 2019-2029 (USD Billion)
- 1.2.3. Solar Powered Irrigation System Market, by Component, 2019-2029 (USD Billion)
- 1.2.4. Solar Powered Irrigation System Market, by Application, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Solar Powered Irrigation System Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Solar Powered Irrigation System Market Dynamics

3.1. Solar Powered Irrigation System Market Impact Analysis (2019-2029)
- 3.1.1. Market Drivers
  - 3.1.1.1. Increasing demand for food due to growing population
  - 3.1.1.2. Growing need for sustainable and eco-friendly energy solutions
  - 3.1.1.3. Government incentives and subsidies for the adoption of solar powered irrigation systems
- 3.1.2. Market Challenges
  - 3.1.2.1. High initial investment costs
- 3.1.3. Market Opportunities
  - 3.1.3.1. Growing investments for research and development
  - 3.1.3.2. Rising popularity due to the high cost of electricity

Chapter 4. Global Solar Powered Irrigation System Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter's 5 Force Model (2019-2029)
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. Industry Experts Prospective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Risk Assessment: COVID-19 Impact

5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario

Chapter 6. Global Solar Powered Irrigation System Market, by Type

6.1. Market Snapshot
6.2. Global Solar Powered Irrigation System Market by Type, Performance - Potential Analysis
6.3. Global Solar Powered Irrigation System Market Estimates & Forecasts by Type 2019-2029 (USD Billion)
6.4. Solar Powered Irrigation System Market, Sub Segment Analysis
- 6.4.1. Drip Irrigation
- 6.4.2. Sprinkler Irrigation
- 6.4.3. Surface Irrigation

Chapter 7. Global Solar Powered Irrigation System Market, by Component

7.1. Market Snapshot
7.2. Global Solar Powered Irrigation System Market by Component, Performance - Potential Analysis
7.3. Global Solar Powered Irrigation System Market Estimates & Forecasts by Component 2019-2029 (USD Billion)
7.4. Solar Powered Irrigation System Market, Sub Segment Analysis
- 7.4.1. Solar Panel
- 7.4.2. Pump Controller
- 7.4.3. Submersible Water Pump
- 7.4.4. Inverter
- 7.4.5. Others

Chapter 8. Global Solar Powered Irrigation System Market, by Application

8.1. Market Snapshot
8.2. Global Solar Powered Irrigation System Market by Application, Performance - Potential Analysis
8.3. Global Solar Powered Irrigation System Market Estimates & Forecasts by Application 2019-2029 (USD Billion)
8.4. Solar Powered Irrigation System Market, Sub Segment Analysis
- 8.4.1. Agricultural irrigation
- 8.4.2. Landscaping and gardening
- 8.4.3. Others

Chapter 9. Global Solar Powered Irrigation System Market, Regional Analysis

9.1. Solar Powered Irrigation System Market, Regional Market Snapshot
9.2. North America Solar Powered Irrigation System Market
- 9.2.1. U.S. Solar Powered Irrigation System Market
  - 9.2.1.1. Type breakdown estimates & forecasts, 2019-2029
  - 9.2.1.2. Component breakdown estimates & forecasts, 2019-2029
  - 9.2.1.3. Application breakdown estimates & forecasts, 2019-2029
- 9.2.2. Canada Solar Powered Irrigation System Market
9.3. Europe Solar Powered Irrigation System Market Snapshot
- 9.3.1. U.K. Solar Powered Irrigation System Market
- 9.3.2. Germany Solar Powered Irrigation System Market
- 9.3.3. France Solar Powered Irrigation System Market
- 9.3.4. Spain Solar Powered Irrigation System Market
- 9.3.5. Italy Solar Powered Irrigation System Market
- 9.3.6. Rest of Europe Solar Powered Irrigation System Market
9.4. Asia-Pacific Solar Powered Irrigation System Market Snapshot
- 9.4.1. China Solar Powered Irrigation System Market
- 9.4.2. India Solar Powered Irrigation System Market
- 9.4.3. Japan Solar Powered Irrigation System Market
- 9.4.4. Australia Solar Powered Irrigation System Market
- 9.4.5. South Korea Solar Powered Irrigation System Market
- 9.4.6. Rest of Asia Pacific Solar Powered Irrigation System Market
9.5. Latin America Solar Powered Irrigation System Market Snapshot
- 9.5.1. Brazil Solar Powered Irrigation System Market
- 9.5.2. Mexico Solar Powered Irrigation System Market
- 9.5.3. Rest of Latin America Solar Powered Irrigation System Market
9.6. Rest of The World Solar Powered Irrigation System Market

Chapter 10. Competitive Intelligence

10.1. Top Market Strategies
10.2. Company Profiles
- 10.2.1. Connexa
  - 10.2.1.1. Key Information
  - 10.2.1.2. Overview
  - 10.2.1.3. Financial (Subject to Data Availability)
  - 10.2.1.4. Product Summary
  - 10.2.1.5. Recent Developments
- 10.2.2. Bonergie
- 10.2.3. Jain Irrigation Systems Ltd.
- 10.2.4. LORENTZ
- 10.2.5. Rain Bird Corporation
- 10.2.6. SunCulture
- 10.2.7. Wien Energie GmbH
- 10.2.8. Bright Solar Limited
- 10.2.9. Netafim
- 10.2.10. Grundfos Pumps India Private Ltd.

Chapter 11. Research Process

11.1. Research Process
- 11.1.1. Data Mining
- 11.1.2. Analysis
- 11.1.3. Market Estimation
- 11.1.4. Validation
- 11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Solar Powered Irrigation System Market, report scope
TABLE 2. Global Solar Powered Irrigation System Market estimates & forecasts by Region 2019-2029 (USD Billion)
TABLE 3. Global Solar Powered Irrigation System Market estimates & forecasts by Type 2019-2029 (USD Billion)
TABLE 4. Global Solar Powered Irrigation System Market estimates & forecasts by Component 2019-2029 (USD Billion)
TABLE 5. Global Solar Powered Irrigation System Market estimates & forecasts by Application 2019-2029 (USD Billion)
TABLE 6. Global Solar Powered Irrigation System Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 7. Global Solar Powered Irrigation System Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 8. Global Solar Powered Irrigation System Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 9. Global Solar Powered Irrigation System Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 10. Global Solar Powered Irrigation System Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 11. Global Solar Powered Irrigation System Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 12. Global Solar Powered Irrigation System Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 13. Global Solar Powered Irrigation System Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 14. Global Solar Powered Irrigation System Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 15. Global Solar Powered Irrigation System Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 16. U.S. Solar Powered Irrigation System Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 17. U.S. Solar Powered Irrigation System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 18. U.S. Solar Powered Irrigation System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 19. Canada Solar Powered Irrigation System Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 20. Canada Solar Powered Irrigation System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 21. Canada Solar Powered Irrigation System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 22. UK Solar Powered Irrigation System Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 23. UK Solar Powered Irrigation System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 24. UK Solar Powered Irrigation System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 25. Germany Solar Powered Irrigation System Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 26. Germany Solar Powered Irrigation System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 27. Germany Solar Powered Irrigation System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 28. France Solar Powered Irrigation System Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 29. France Solar Powered Irrigation System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 30. France Solar Powered Irrigation System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 31. Italy Solar Powered Irrigation System Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 32. Italy Solar Powered Irrigation System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 33. Italy Solar Powered Irrigation System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 34. Spain Solar Powered Irrigation System Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 35. Spain Solar Powered Irrigation System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 36. Spain Solar Powered Irrigation System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 37. RoE Solar Powered Irrigation System Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 38. RoE Solar Powered Irrigation System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 39. RoE Solar Powered Irrigation System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 40. China Solar Powered Irrigation System Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 41. China Solar Powered Irrigation System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 42. China Solar Powered Irrigation System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 43. India Solar Powered Irrigation System Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 44. India Solar Powered Irrigation System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 45. India Solar Powered Irrigation System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 46. Japan Solar Powered Irrigation System Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 47. Japan Solar Powered Irrigation System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 48. Japan Solar Powered Irrigation System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 49. South Korea Solar Powered Irrigation System Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 50. South Korea Solar Powered Irrigation System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 51. South Korea Solar Powered Irrigation System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 52. Australia Solar Powered Irrigation System Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 53. Australia Solar Powered Irrigation System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 54. Australia Solar Powered Irrigation System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 55. RoAPAC Solar Powered Irrigation System Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 56. RoAPAC Solar Powered Irrigation System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 57. RoAPAC Solar Powered Irrigation System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 58. Brazil Solar Powered Irrigation System Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 59. Brazil Solar Powered Irrigation System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 60. Brazil Solar Powered Irrigation System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 61. Mexico Solar Powered Irrigation System Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 62. Mexico Solar Powered Irrigation System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 63. Mexico Solar Powered Irrigation System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 64. RoLA Solar Powered Irrigation System Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 65. RoLA Solar Powered Irrigation System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 66. RoLA Solar Powered Irrigation System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 67. Row Solar Powered Irrigation System Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 68. Row Solar Powered Irrigation System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 69. Row Solar Powered Irrigation System Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 70. List of secondary sources, used in the study of global Solar Powered Irrigation System Market
TABLE 71. List of primary sources, used in the study of global Solar Powered Irrigation System Market
TABLE 72. Years considered for the study
TABLE 73. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

List of figures

FIG 1. Global Solar Powered Irrigation System Market, research methodology
FIG 2. Global Solar Powered Irrigation System Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Solar Powered Irrigation System Market, key trends 2021
FIG 5. Global Solar Powered Irrigation System Market, growth prospects 2022-2029
FIG 6. Global Solar Powered Irrigation System Market, porters 5 force model
FIG 7. Global Solar Powered Irrigation System Market, pest analysis
FIG 8. Global Solar Powered Irrigation System Market, value chain analysis
FIG 9. Global Solar Powered Irrigation System Market by segment, 2019 & 2029 (USD Billion)
FIG 10. Global Solar Powered Irrigation System Market by segment, 2019 & 2029 (USD Billion)
FIG 11. Global Solar Powered Irrigation System Market by segment, 2019 & 2029 (USD Billion)
FIG 12. Global Solar Powered Irrigation System Market by segment, 2019 & 2029 (USD Billion)
FIG 13. Global Solar Powered Irrigation System Market by segment, 2019 & 2029 (USD Billion)
FIG 14. Global Solar Powered Irrigation System Market, regional snapshot 2019 & 2029
FIG 15. North America Solar Powered Irrigation System Market 2019 & 2029 (USD Billion)
FIG 16. Europe Solar Powered Irrigation System Market 2019 & 2029 (USD Billion)
FIG 17. Asia Pacific Solar Powered Irrigation System Market 2019 & 2029 (USD Billion)
FIG 18. Latin America Solar Powered Irrigation System Market 2019 & 2029 (USD Billion)
FIG 19. Global Solar Powered Irrigation System Market, company Market share analysis (2021)