Solar Powered Irrigation System Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.

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Global Solar Powered Irrigation System Market reached USD 62.94 billion in 2022 and is expected to reach USD 112.24 billion by 2031, growing with a CAGR of 8.5% during the forecast period 2024-2031.

The Solar Powered Irrigation System Market focuses on the adoption of renewable energy solutions for agricultural irrigation. These systems use solar energy to power pumps and irrigation equipment, offering a sustainable, cost-effective alternative to traditional systems. The market is growing due to increasing demand for water-efficient solutions, environmental concerns, and government incentives promoting green energy in agriculture, making it a key area for sustainable farming practices.

List of the Key Players in the Solar Powered Irrigation System Market:

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

Industry Development:

On December 7, 2021, Gujarat State Fertilizers Company Ltd. launched the Sardar Package Scheme across over 41 taluks in Gujarat to encourage the use of renewable energy, particularly solar energy, in irrigation practices.

On May 20, 2020, American startup Khethwork introduced a 320-watt solar irrigation pump in India, designed to provide year-round irrigation. This innovative solution aims to assist farmers in India who face limited access to groundwater and electricity, helping them sustain their agricultural activities.

Growth Forecast Projected:

The Global Solar Powered Irrigation System Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Research Process:

Both primary and secondary data sources have been used in the global Solar Powered Irrigation System Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Segment Covered in the Solar Powered Irrigation System Market:

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.

Regional Analysis for Solar Powered Irrigation System Market:

The regional analysis of the Solar Powered Irrigation System Market covers key regions including North America, Europe, Asia Pacific Middle East and Africa and South America. The North America with a focus on the U.S., Canada, and Mexico; Europe, highlighting major countries like the U.K., Germany, France, and Italy, along with other nations in the region; Asia-Pacific, covering India, China, Japan, South Korea, and Australia, among others; South America, with emphasis on Colombia, Brazil, and Argentina; and the Middle East & Africa, which includes Saudi Arabia, the U.A.E., South Africa, and other countries. This comprehensive regional breakdown helps identify unique market trends and growth opportunities specific to each area.

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.

➡ Top-down and bottom-up approach for regional analysis

➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.

➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

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