(MENAFN- Ameliorate Digital Consultancy)
The solar dryer market includes systems that use solar energy to dry various agricultural and industrial items. Solar dryers use the sun's energy to dry fruits, vegetables, cereals, and other things. Solar dryers are becoming more popular owing of the benefits they bring, such as lower energy costs, higher product quality, and lower environmental effect. They are also beneficial in off-grid and isolated places where energy is unavailable or unpredictable.
The market for solar dryers is being pushed by expanding demand for environmentally friendly and energy-efficient technology, rising food security concerns, and increased government support for renewable energy. Furthermore, the expansion of emerging nations' agriculture and food processing sectors is likely to stimulate demand for solar dryers in these regions. The solar dryer market is divided into three sections: product type, application, and geography. Direct, indirect, and mixed-mode solar dryers are available. Solar dryers have uses in food processing, agriculture, and industrial drying.
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Key Takeaways from Solar Dryer Market Study
By the end of 2022, the market is projected to achieve a global market size of US$ 10.01 Bn. Globally, North America accounted for over 33.5% of revenue in 2022. Hardware based digital transaction management systems to dominate the market in 2022, with a revenue share of over 40.5% More than 38.4% of market revenue was generated by the electronic signatures segment in 2021 Over 55.5% of the market revenue in 2022 will be accounted for by large enterprises.
Segmentation of Solar Dryer Industry Research
By Product Type : By Design : Natural Convection Dryers Forced Convection Dryers
By Mode : By End-use Industry : Textile Industry Agro-Industry Food Processing Industry Paper Industry Pharmaceutical Industry Other Discrete Manufacturing
By Region : North America Latin America Europe East Asia South Asia & Oceania MEA
Key drivers of the solar dryer market included:
Renewable Energy Focus: Solar dryers harness the power of the sun to generate heat for drying processes, reducing reliance on traditional fossil fuels and minimizing greenhouse gas emissions. Cost Efficiency: Solar dryers offer long-term cost savings as they rely on freely available solar energy, eliminating the need for continuous fuel or electricity expenses. Environmental Sustainability: As a clean energy alternative, solar dryers help reduce the carbon footprint and promote sustainable practices, aligning with the global push for green technologies. Agricultural Applications: In developing countries, solar dryers were instrumental in reducing post-harvest losses by preserving crops and agricultural products more efficiently, thereby improving food security and economic stability. Innovations and Technological Advancements: Continued research and development efforts were leading to improved solar dryer designs, enhanced efficiency, and higher capacity units, driving market expansion. Government Initiatives and Incentives: Several governments were providing financial incentives, subsidies, and tax benefits to promote the adoption of renewable energy technologies, including solar dryers. Market Development
Top manufacturers are aiming to produce a wide standard of products that may help meet the changing demands from diverse end-use industries for value-added products and lessen the negative effects on the environment.
For instance, Rudra Solar Energy has come up with a hybrid solar dryer, which can even be operated in the absence of the sun via switching on an electric heater that consumes less power.
Additionally, industry participants are working to grow their client base by providing collaborative platforms that let customers directly engage with their technical teams. Market leaders are also concentrating on forming alliances and purchasing small- and medium-sized enterprises to diversify their portfolios and provide more expertise.
One such instance is the collaboration between Malnutrition Matters and SolarFlex Inc. to create a cutting-edge solar fruit and vegetable dryer with a flexible design that is affordable for end users.
Key Companies Profiled
Rudra Solar Energy My Solar Dryer Juatechnology Radha Solar Dryer Focusun Energy Systems Malnutrition Matters Effimaxsolar Solar Brother Covestro
Key Questions Covered in the Solar Dryer Market
What is a solar dryer, and what are its benefits over traditional drying methods? What are the different types of solar dryers available in the market, and how do they differ from each other? What are the various applications of solar dryers, and which application segment is expected to grow at the highest rate? What are the major drivers, challenges, and opportunities in the solar dryer market, and how are they expected to impact the market growth? For in-depth competitive analysis, Buy Now –
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