Solar Powered Irrigation System Market Trends

Growth Drivers

• Growing Demand for Food

The demand for food is anticipated to have strong growth with about 10,093 million tons in 2030, and approximately 14,885 million tons in 2050, globally.  Hence, owing to this, agriculture activities are seeing a boost. Therefore, in order to make this activity more efficient and cost-effective, demand for solar-powered irrigation systems is set to rise.

• Unavailability of Electricity in Remote Areas

In 2022, about 19 million of the population all across the world were living without electricity.  And the majority of them come from remote and rural regions. However, electricity is the major source of energy needed to keep agricultural activities productive. Hence, the installation of solar energy in such areas is growing.

• Aims to Reduce Greenhouse Gases

A solar-powered irrigation system reduces dependency on foreign oil and fossil fuels and takes energy directly from the sun. Hence, it is known to be one of the cleanest sources of energy because it is pollution-free and causes zero greenhouse gas emissions after installation.

Challenges

• High Price of Installing Solar Powered Irrigation System

• Not Accessible in Every Situation - Solar irrigation systems have a number of drawbacks, including the fact that they could fail to generate enough electricity, especially at night or during cloudy conditions.  This means that solar irrigation is only practical in regions with plenty of sunlight. Moreover, the property might not receive enough sunlight to successfully power the system if it is shaded by trees or other structures. This may even need the use of a backup power source and could result in inconsistent watering schedules.

• Requires Regular Maintenance