Middle East & Africa Solar Greenhouse Market Booms with 30.28% CAGR Forecast for 2023-28

Middle East & Africa Solar Greenhouse Market Report Overview:

According to current research by MarkNtel Advisors the Middle East & Africa Solar Greenhouse Market is estimated to grow at a CAGR of around 30.28% during the forecast period, i.e., 2023-28. Data at the, geographical, and sub-geographical levels are included in the report to assist stakeholders in better understanding supply and demand dynamics and how they affect the sector.

Professionals in the industry have conducted a thorough analysis of the Middle East & Africa Solar Greenhouse market report, which has been presented in a way that highlights the most important facts. The most up-to-date data on the market is the primary emphasis of the research. It includes several significant topics, such as corporate profiles, mergers and acquisitions, financial status, and feasibility research. It offers thorough details on industry chain analysis, marketing routes, and raw material costs. Stakeholders can learn more about market viability and financial sustainability through this abundance of information available. In addition, it provides a comprehensive picture of the market dynamics by illuminating the strategic actions made by organizations, their profiles, and the entire industry value chain.

Scope of the report:

Within the market under study, the report looks at the numerous applications, products/services, market value, and production capacity. In addition, it provides a thorough SWOT analysis, a threat and opportunity analysis, and a summary of the leading. Through this, stakeholders may find out more about the market potential for application, diversity of products/services, and market value. In addition, the research offers an evaluation of the opportunities, threats, weaknesses, and strengths, enabling stakeholders to comprehend the market environment and make wise decisions.

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The Middle East & Africa Solar Greenhouse Market Trend:

Technological Developments in the Solar PV – The Middle East & Africa region is witnessing increasing development of controlled environment agriculture involving greenhouses & vertical farming, in line with the expansion of the local food & agriculture industry in recent years. The emergence of agro voltaic, which implicates the joint development of the same land area for solar photovoltaic & agriculture, has been further heightening the expansion of the agriculture sector. Therefore, regional governments & institutions are constantly involved in R&D activities to further enhance the efficiency of operations leading to advancements in the agro voltaic industry.

Competitive Landscape:

To provide a clear picture of the competitive environment of the studied industry, we conducted a detailed analysis of both the major players and the important small- and medium-sized businesses with significant growth potential. This Middle East & Africa Solar Greenhouse market research provides information on the competitors, including their sales volume and revenue with corresponding market shares, price, and gross margin. It also examines the current competitive situation of the market. Furthermore, discussed are the market concentration ratio, mergers, acquisitions, and expansion strategies.

• Mirai Solar
• RedSea Farms
• Kingpeng
• Enel Green Power
• Akuo Energy
• Next2Sun
• DUSOL
• BayWa r.e.
• Longi
• Others

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By identifying the high-growth sectors, the study also gives stakeholders valuable insights into the trends and factors that are either driving or impeding the market growth possibilities.

Middle East & Africa Solar Greenhouse Market Segmentation

-By Application

• Vegetables
• Fruits
• Flowers & Ornamental Plants

Fruits & Vegetables acquired a significant share since the majority of the farms in the MEA cultivate fruits & vegetables to cater to the growing needs of the rising population of the region. Further to minimize the food vulnerabilities such as food stock, prices, and other food security challenges, the government is focusing on encouraging the cultivation of fruits & vegetables. Besides, flowers & Ornamental Plants acquired less share owing to the fact that the flowers are cultivated only for decorative purposes. Along with this, the government initiatives to further promote sustainable farming and the production of edible crops to mitigate the dependence on other countries would increase the sale in the forecast years as well.

-By Technology

• Low-Tech (Upto 80 Kwh/sq.m./year)- Market Size & Forecast 2018-2028, USD Million
• Med-Tech (80.1 Kwh – 400 Kwh/sq.m./year)- Market Size & Forecast 2018-2028, USD Million
• High-Tech- (Above 400 Kwh/sq.m./year)- Market Size & Forecast 2018-2028, USD Million

-By Competition

• Market Share of Top Companies

Middle East & Africa Solar Greenhouse Market Geographical Reach:

-By country

• Saudi Arabia
• The UAE
• Israel
• Morocco
• Qatar
• Rest of the Middle East & Africa

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Key Benefits for Stakeholders:

• To determine the prevailing market opportunities, this research offers a quantitative study of the market segments, current trends, projections, and shifts in the Middle East & Africa Solar Greenhouse market analysis from 2023-28.
• Information on the main factors driving the market as well as the obstacles and possibilities are provided.
• The power of suppliers and buyers to empower stakeholders to make profit-driven business decisions and fortify their supplier-buyer network is underscored by Porter’s five forces analysis.
• A comprehensive examination of the Middle East & Africa Solar Greenhouse market segmentation aids in identifying the dominant market opportunities.
• The major countries in each area are shown about the revenue they generate for the market.
• Market player positioning makes benchmarking easier and gives a clear picture of the current market position of each participant discussed in the report.
• The research analyzes market trends for the Middle East & Africa Solar Greenhouse industry on a geographical and scale, as well as the major competitors, market segments, and industry expansion tactics.

About Us

MarkNtel Advisors is a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others.

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