Agrivoltaics Market Analysis

Cell Type (Monocrystalline, Polycrystalline)

The monocrystalline segment in agrivoltaics market is estimated to gain a robust revenue share of 60% during the forecast period owing to the benefits provided by monocrystalline cells. Solar cells composed of a single crystal of silicon are known as monocrystalline cells, which are among the most effective kinds of solar panels on the agrivoltaics market. A monocrystalline solar panel has a half-cut which is efficient, has higher heat resistance, and is known to work best in gloomy environments as they are more effective in low light.

In addition, polycrystalline also known as "multi-crystalline panels," are solids made up of numerous tiny crystals, which are typically used in residential residences and have more than 55 solar cells each, and are also well-liked by people trying to install solar on a tight budget.

Crop Type (Leafy Greens, Root Crops, Fruits)

The leafy greens segment in agrivoltaics market is set to garner a notable share shortly. Leafy greens such as lettuce and spinach make for strong power and can be grown in shaded areas below solar panels, where the reduced sunlight can help prevent the plants from bolting and prolong the growing season this is where PV projects related to agriculture have shown the highest potential. In addition, solar panels can also be used to cultivate root crops including carrots, potatoes, radishes, and beets since they are best suited for use in Agrivoltaics systems that have been demonstrated to be shade-tolerant and adaptable to changing environmental circumstances.

System Design (Fixed Solar Panels, Dynamic)

The fixed solar panels segment in agrivoltaics market is poised to gain a noteworthy share. The most popular solar panels on the industry are fixed solar panels, which are premium monocrystalline solar panels that are made to harness solar energy and offer special advantages for special lifestyles. The solar panels are raised five meters above the crop field using fixed support systems enabling agricultural equipment to reach the crops below, drastically reducing light and increasing the number of crops that may be planted beneath them. The majority of traditional agrivoltaics systems comprise solar panels that are affixed permanently to crop fields is one of the most popular techniques for implementing agrivoltaics for large-scale projects since it permits the growth of grassland and permanent vegetation between and underneath the solar panels.

In addition, Agrivoltaics systems integrate dynamic photovoltaic panels with crops on a single piece of land, which is the earliest and most basic crop protection system that was created in Japan. Dynamic Agrivoltaics systems are intended to maximize agricultural output, and balance and mutually benefit energy generation and agriculture.

Our in-depth analysis of the global agrivoltaics market includes the following segments: