PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1383510
PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1383510
According to SPER Market Research, 'Solar Powered Irrigation System Market Size- By Type, By Application, By Component- Regional Outlook, Competitive Strategies and Segment Forecast to 2033' state that the Solar Powered Irrigation System Market is predicted to reach USD 144.20 billion by 2033 with a CAGR of 8.71%.
In a solar-powered irrigation system, water is pumped from a source (such a river or well) to irrigate plants or crops using solar energy. By transforming sunlight into electrical energy, solar panels produce electricity that drives the pump. Plants receive the proper amount of water at the right time thanks to the controller, which controls the flow of water to them. Water is moved from the source to the plants by pipes or channels.
Furthermore, similar to many other businesses, the global market for solar-powered irrigation systems was severely impacted by the COVID-19 pandemic. Due to the need for effective and sustainable irrigation solutions, this market has been expanding significantly. However, it also presented opportunities and problems. By using solar energy to power water pumps, these systems lessen dependency on conventional energy sources and provide an affordable, environmentally responsible alternative.
Market size available for years: 2019-2033
Base year considered: 2022
Forecast period: 2023-2033
Segments covered: By Type, By Application, By Component
Regions covered: North America, Asia-Pacific, Latin America, Middle East & Africa and Europe
Companies Covered: Bonergie, Bright Solar Limited., Connexa, Grundfos Pumps India Private Ltd., Jain Irrigation Systems Ltd., LORENTZ, Netafim, Rain Bird Corporation., SunCulture, Wien Energie GmbH, Others
By Type: Based on the Type, Global Solar Powered Irrigation System Market is segmented as; Drip Irrigation, Sprinkler Irrigation, Surface Irrigation.
By Application: Based on the Application, Global Solar Powered Irrigation System Market is segmented as; Agricultural irrigation, Landscaping and gardening, Others.
By Component: Based on the Component, Global Solar Powered Irrigation System Market is segmented as; Inverter, Pump Controller, Solar Panel, Submersible Water Pump, Others.
By Region: This research also includes data for North America, Asia-Pacific, Latin America, Middle East & Africa and Europe.