Solar Powered Irrigation System Market to Grow with a CAGR of 8.19% through 2028
Increasing demand for food due to the growing
population and growing need for sustainable and eco-friendly energy solutions are
likely to drive the market in the forecast period.
According to TechSci Research report, “Solar
Powered Irrigation System Market – Global Industry Size, Share, Trends, Competition
Forecast & Opportunities, 2028”, the Global Solar Powered Irrigation
System Market stood at USD 42.08 billion in 2022 and is anticipated to grow
with a CAGR of 8.19% in the forecast period. One of the primary drivers propelling
the global Solar Powered Irrigation System market is the increasing adoption of
sustainable agriculture practices. Conventional irrigation methods often rely
on fossil fuels or grid electricity to power water pumps, resulting in higher
operational costs and negative environmental impacts. In contrast,
solar-powered irrigation systems harness energy from the sun to pump water for
crop irrigation, offering a sustainable and eco-friendly alternative. Sustainable
agriculture practices are gaining prominence due to their alignment with
environmental conservation goals and the need to reduce greenhouse gas
emissions. Solar irrigation systems reduce carbon footprints by eliminating the
use of fossil fuels and grid-based electricity. This not only lowers operational
expenses for farmers but also contributes to mitigating climate change.
As governments,
agricultural organizations, and farmers worldwide recognize the importance of
sustainable food production, the demand for solar-powered irrigation systems continues
to rise. These systems enable efficient water use, reduce environmental impact,
and promote responsible resource management, making them a key driver in the
global Solar Powered Irrigation System market.Energy access and rural
electrification initiatives, implemented by governments and organizations
worldwide, serve as significant drivers for the global Solar Powered Irrigation
System market. Many rural and remote agricultural regions lack reliable access
to grid electricity, making traditional irrigation methods impractical or
costly. Solar-powered irrigation systems offer a solution to this energy access
challenge. By harnessing sunlight, these systems provide off-grid and
decentralized power sources for water pumping, making irrigation feasible in
regions with limited or no access to conventional electricity sources. This
access to clean and renewable energy empowers rural farmers to enhance crop
production and livelihoods.
Governments and
international development agencies increasingly recognize the role of solar
irrigation in advancing rural electrification and socio-economic development.
Consequently, they implement policies, incentives, and financial support
mechanisms to encourage farmers to adopt solar-powered irrigation systems.
These initiatives align with broader objectives of rural empowerment, poverty
reduction, and the promotion of renewable energy in agriculture, fostering the
growth of the Solar Powered Irrigation System market.
In conclusion,
the global Solar Powered Irrigation System market is driven by the imperative
for sustainable agriculture practices and the expansion of energy access
through rural electrification initiatives. These drivers enable farmers to
embrace environmentally responsible irrigation methods and access reliable
energy sources, enhancing agricultural productivity while contributing to
environmental and socio-economic goals.
Browse over XX market data Figures spread
through XX Pages and an in-depth TOC on "Global Solar Powered Irrigation System Market.”
The Global Solar Powered Irrigation System Market is
segmented into type, component application and region. Based on type, The Drip
Irrigation segment had the largest market share in 2022 & expected to
maintain it in the forecast period. Drip irrigation is renowned for its
exceptional water efficiency and precision in delivering water directly to the
root zone of plants. This method reduces water wastage and ensures that crops
receive the exact amount of water they need, which is particularly important in
regions with water scarcity or irregular rainfall patterns. Solar-powered
irrigation systems are well-suited to drip systems because they can provide
consistent low-flow water pressure, enabling precise and efficient water
distribution. Solar-powered irrigation systems are a natural fit for drip
irrigation due to their ability to generate low-voltage, constant DC power.
Drip systems require a reliable and consistent flow of water at low pressure,
and solar pumps can deliver this with minimal fluctuations. This synergy makes
solar-powered drip irrigation an ideal choice for off-grid and remote
agricultural locations where grid electricity is unavailable or unreliable.
Drip irrigation systems are inherently energy-efficient compared to other
irrigation methods like flood irrigation. They operate at lower pressure,
reducing the energy requirements for water pumping. Solar-powered systems
enhance this energy efficiency by harnessing renewable solar energy to power
the pumps, effectively reducing operational costs and environmental impact. The
combination of drip irrigation and solar power aligns with sustainability goals
and environmental stewardship. It reduces the carbon footprint of agriculture
by replacing fossil fuel-powered pumps with clean and renewable energy sources.
This environmentally friendly approach resonates with farmers and organizations
seeking to reduce their agricultural impact on the environment.
Based on application, The Agricultural irrigation
segment had the largest market share in 2022 and is projected to experience
rapid growth during the forecast period. Agricultural irrigation is a
cornerstone of global food production. It plays a pivotal role in ensuring
consistent crop yields and food security, especially in regions with irregular
rainfall patterns or water scarcity. Solar-powered irrigation systems offer a
sustainable and reliable means of delivering water to crops, making them
essential for agriculture's success. Agriculture encompasses a wide range of
practices, from smallholder farming to large-scale commercial agriculture.
Solar-powered irrigation systems are versatile and scalable, making them
suitable for both small-scale and large-scale agricultural operations. They can
cater to the diverse needs of the agricultural sector, contributing to their
dominance. Solar-powered irrigation systems are known for their energy
efficiency. They use clean and renewable solar energy to power water pumps,
reducing the operational costs associated with traditional fossil fuel-powered
pumps or grid electricity. Lower energy costs make solar-powered irrigation an
economically attractive choice for farmers, especially in the long run. The
environmental benefits of solar-powered irrigation align with sustainable
agriculture practices and environmental conservation efforts. Solar energy is a
clean and renewable resource, and its use in irrigation reduces greenhouse gas
emissions and minimizes the environmental impact of agriculture. This alignment
with sustainability goals further drives the adoption of solar-powered systems
in agriculture.
Major companies operating in the Global Solar
Powered Irrigation System Market are:
- Lorentz
- SunCulture
- Grundfos
Solar Water Solutions
- Wien
Energie GmbH
- Jain
Irrigation Systems Ltd.
- Shakti
Pumps India Limited
- Tata Power
Solar Systems Limited
- SunEdison
Inc
- Vikram
Solar Ltd
- Sterling
and Wilson Renewable Energy Limited
Download Free Sample Report
Customers can also request for 10%
free customization on this report.
“The Global Solar Powered Irrigation System market is
expected to rise in the upcoming years and register a significant CAGR during
the forecast period. Drip
irrigation systems are becoming increasingly popular, as they offer a number of
advantages over traditional irrigation systems, such as water efficiency and
reduced labor costs. Solar-powered drip irrigation systems are particularly
popular in arid and semi-arid regions. Off-grid solar-powered irrigation
systems are becoming increasingly popular in remote areas where farmers do not
have access to the grid. Additionally, There have been significant
technological advancements in the solar-powered irrigation system market in
recent years. For example, there is now a wide range of solar-powered
irrigation systems available, with different features and capacities. Therefore, the
market of Solar Powered Irrigation Systems is expected to boost in the upcoming
years.,” said Mr. Karan Chechi, Research Director with TechSci Research, a
research-based management consulting firm.
“Solar Powered Irrigation System Market -
Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented 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, By Competition”, has evaluated
the future growth potential of Global Solar Powered Irrigation System Market
and provides statistics & information on market size, structure and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision-makers make sound investment decisions., The report also
identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in the Global Solar Powered Irrigation System
Market.
Contact
Mr. Ken
Mathews
708 Third
Avenue,
Manhattan, NY,
New York –
10017
Tel:
+1-646-360-1656
Email: [email protected]
Website: www.techsciresearch.com