Europe Agrivoltaic Market Expected to Grow Significantly with a 69.34% CAGR by 2028

This comprehensive Europe Agrivoltaic Market report by “MarkNtel Advisors: Leading Market research Company” offers valuable insights into the current and future market landscape, providing clarity on potential challenges and strategies for optimal brand positioning. It features detailed market segmentation, in-depth analysis of key market players, emerging trends in consumer behavior and supply chain dynamics, and opportunities in new geographical markets. With the insights from this report, you can manage your marketing strategies for goods and services more effectively.

“According to recent market analysis report, 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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Driving Force Behind the Growth of the Europe Agrivoltaic Market through 2028

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 Segment Highlights:

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)

The vegetable segment witnessed a significant share in the market during the historical period. According to IoF 2020 (Internet of Food and Farm 2020), the vegetable sector accounted for about 10% of the overall value of agricultural output in European countries. This is due to factors like favorable climatic conditions, high cultivation standards, and vegetable production methods like the installation of Agrivoltaic systems that have enhanced the quality of the vegetables produced in the region.

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

Europe Agrivoltaic Market Geographical Outlook:

The UK
France
Germany
The Netherlands
Italy
Spain
Ireland
Rest of the Europe

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Europe Agrivoltaic Market Competition Analysis:

Some of the top Agrivoltaic companies operating in the Europe market are Enel Green Power, Engie, Sun' Agri, GreenYellow, REM Tec, Kilowattsol , Trina Solar, Altergie , TDK Electronics, SunEwat, Akuo Energy, BayWa r.e., Next2Sun, Falck Renewables, Others.

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