More efficient and more renewable energy based irrigation systems are demanded by the people in the agri sector. The agricultural activity is strictly addicted by the need of water, without it there is no food and this can easily become a major crisis, globally. The state, the policy makers, the world organizations are working to prevent a water crisis in the context of climate change and global use of water resources. In this context innovative solutions are at high demand.
Eleon bridges markets such as agriculture on small scale (small farming, solariums, greenhouses, fish ponds, animal breeders, vegetable-fruits gardens), residential pools, tourism related small businesses (guesthouses, motels, cottages) in order to offer a cost-effective, clean energy irrigation systems for all the above areas of activity.
The rising demand for clean energy is likely to boost the global market size from today up to 2030 due to the shift, in various sectors, to renewable energy, tech advencements, the need of people of having their own systems in matter of water and electricity and cheaper and cleaner sources of energy in general.
Though at this time, the global market in matter of wind turbines is mostly directed to electricity, water also has a vital role and soon will reach the same level of growth as the wind turbines for obtaining electric energy is now.
In 2021, the global wind turbine market size (for electricity) was estimated at US$ 55.91 billion in 2021 and it is expected to worth around US$ 102.4 billion by 2030, according to the Precedence Research Center – https://www.precedenceresearch.com/wind-turbine-market. Another market aspect is related to the growth of the wind turbines components which is projected to reach US$ 83 billion by 2030.
We have segmented our customer focus considering the categories of paying customer that we are targeting. The market segments fall along a spectrum of behavioural clusters: value, buying patterns, access to funds, openess for trying innovative solutions, etc.
Thus, our primary target customers are farmers/individuals, small farming/family owned farm companies who do agricultural, especially vegetables and fruits.
As secondary target customers we envision: owners of residential pools (individuals and companies), animal breeders, guesthouses and motels, fish ponds owners, state institutions related to agriculture sector, NGOs with humanitarian initiatives.
May 16, 2022 GLOBE NEWSWIRE source, https://www.globenewswire.com/en/news-release/2022/05/16/2443563/0/en/Global-Agricultural-Irrigation-System-Market-to-Record-an-Impressive-Growth-of-USD-9-18-Billion-by-2027-Fior-Markets.html)
As per the report published by Fior Markets, the Global Agricultural Irrigation System Market is expected to grow from US$ 4.73 billion in 2019 to US$ 9.18 billion by 2027, at a CAGR of 8.64% during the forecast period 2020-2027. Agriculture is one of the major economic sectors in developed and emerging countries and it is considered as one of the major pillar which contributes towards the economic and social development in any country. Globally, agriculture is the largest user of water.