
Agrivoltaics Market- By Placement (Standalone, Shading Nets, Greenhouse, Others), By Material Type (Panels, Paints), By Cell Type (Monocrystalline, Polycrystalline), By Crop Collab......oration (Vegetables, Fruits, Crops, Others), By Type of Agrivoltaic Plant (Overhead Tilted, Interspace, Hybrid), By Type of Solar Panel (Opaque, Semi-Transparent, Transparent), By Power Output (Up to 10 MWp, 10.1 to 50 MWp, More than 50 MWp) and others Read more
- Environment
- Apr 2025
- 245
- PDF, Excel, PPT
Market Definition
Agrivoltaics combines agriculture with photovoltaics, with simultaneous production of crops and electricity using solar energy. It reduces water consumption and increases land use efficiency while maintaining a balance between energy and food usage. It can also contribute to reduced use of fossil fuels for both agricultural and power generation purposes, and can increase the yield of some crops.
Market Insights and Analysis: Global Agrivoltaics Market (2025-2030):
The Global Agrivoltaics Market size was valued at around USD 5.12 billion in 2024 and is projected to reach USD 12.49 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 16.02% during the forecast period, i.e., 2025-30. This growth is primarily driven by climate resilience needs, land constraints, sustainability demands, and technological advancements.
Climate change is increasingly affecting agriculture around the world. It is increasing water consumption due to extreme temperatures and irregular rainfall patterns. This is resulting in advancing demand for agrivoltaics because solar panels and other agrivoltaics devices mitigate soil water evaporation while also helping crops retain moisture for a longer period of time. This decreases the frequency of irrigation and can reduce water consumption by approximately 40%. This helps in strengthening resilience against climate change situations in the wake of rising demand for food production.
Moreover, the market demand for agrivoltaics is growing due to its efficiency in using land for agricultural and power generation purposes. Studies have found that the dual-use of land as a result of agrivoltaics can be up to 70% more efficient than using the same area separately. This is especially relevant for regions where there is an increasing friction for land use between agriculture and renewable energy generation.
Report Coverage | Details |
---|---|
Historical Years | 2020–23 |
Base Years | 2024 |
Forecast Years | 2025–30 |
Market Value in 2024 | USD 5.12 Billion |
Market Value by 2030 | USD 12.49 Billion |
CAGR (2025–30) | 16.02% |
Leading Region | Europe |
Top Key Players | Enel Green Power, JS Power, Sun'Agri, Solar Window, Akuo Energy, BayWa r.e., Insolight, REM Tec, Zimmermen, Next2Sun, and others. |
Segmentation | By Placement (Standalone, Shading Nets, Greenhouse, Others), By Material Type (Panels, Paints), By Cell Type (Monocrystalline, Polycrystalline), By Crop Collaboration (Vegetables, Fruits, Crops, Others), By Type of Agrivoltaic Plant (Overhead Tilted, Interspace, Hybrid), By Type of Solar Panel (Opaque, Semi-Transparent, Transparent), By Power Output (Up to 10 MWp, 10.1 to 50 MWp, More than 50 MWp) and others |
Key Report Highlights |
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The global agrivoltaics industry is also growing due to technological advancements and the demand for sustainability. Agrivoltaics is supporting sustainability in meeting food and energy demands by reducing the usage of non-renewable resources in both agriculture and power generation. Advancements in technology are helping the Global Agrivoltaics Market grow further by optimizing crop yields and energy output.
Global Agrivoltaics Market Driver:
Climate Resilience and Water Scarcity Driving Market Demand – Agricultural production is significantly affected by unfavorable climate conditions. Extreme temperatures are affecting the viability of agriculture around the world by reducing crop yields. Agrivoltaics prevents this loss by controlling the microclimate around crops. Structural installations maintain favorable conditions by shielding crops from excessive sun exposure. This helps in improving the yield, especially in crops that are vulnerable to extreme conditions. Project trials have found yields increased by up to 20% in various regions around the world. Agrivoltaics is also enabling agricultural activities in arid regions where farming is traditionally restricted due to high temperatures, further driving market growth.
Moreover, high ambient temperatures cause evaporation of water from the soil and loss of moisture retention in plants. This forces farmers to rely on irrigation to compensate for these losses, which requires extracting water from rivers, lakes, and underground sources. This puts additional pressure on agriculture in terms of costs and access to these resources, which is becoming more pronounced as water is becoming more scarce due to excessive usage. Agrivoltaics is boosting agriculture by reducing water consumption in farming activities by 30% on average, which is leading to increased market demand.
- Introduction
- Research Process
- Assumption
- Market Segmentation
- Market Definition
- Executive Summary
- Global Solar Industry Outlook, 2020-2030
- Global Agrivoltaics Market Trends & Insights
- Global Agrivoltaics Market Key Strategic Developments 2020-2030
- Partnerships, Alliances & Collaborations
- Mergers & Acquisitions
- Consortiums & Industry Associations
- Global Agrivoltaics Market Dynamics
- Growth Drivers
- Challenges
- Impact Analysis
- Global Agrivoltaics Market Policies, Regulations, Material Type Standards, By Country
- Financing, Grants & Funding
- Standards
- Rules and Regulations
- Global Ongoing Agrivoltaics Projects, By Country
- China
- India
- Belgium
- France
- The US
- Others
- Global Agrivoltaics Market Hotspot and Opportunities
- Global Agrivoltaics Market Outlook, 2020- 2030F
- Market Size and Analysis
- By Revenues in USD Million
- By Installed Capacity in MW
- Market Share and Analysis
- By Placement
- Standalone
- Shading Nets
- Greenhouse
- Others (Solar Fence, Solar Windows, etc.)
- By Material Type
- Panels
- Paints
- By Cell Type
- Monocrystalline
- Polycrystalline
- By Crop Collaboration
- Vegetables
- Fruits
- Crops
- Others (Herbs, etc.)
- By Type of Agrivoltaics Plant
- Overhead Tilted
- Interspace
- Hybrid
- By Type of Solar Panel
- Opaque
- Semi Transparent
- Transparent
- By Power Output
- Upto 10 KWh
- 10.1 to 50 KWh
- More than 50 KWh
- By Region
- North America
- South America
- Europe
- Middle East & Africa
- Asia-Pacific
- By Company
- Revenue Shares
- Strategic Factorial Indexing
- Competitor Placement in MarkNtel Quadrant
- By Placement
- Market Size and Analysis
- North America Agrivoltaics Market Outlook, 2020- 2030F
- Market Size and Analysis
- By Revenues in USD Million
- By Installed Capacity in MW
- Market Share and Analysis
- By Placement
- By Material Type
- By Cell Type
- By Crop Collaboration
- By Type of Agrivoltaics Plant
- By Type of Solar Panel
- By Power Output
- By Country
- The US
- Canada
- The US Agrivoltaics Market Outlook, 2020- 2030F
- Market Size and Analysis
- By Revenues in USD Million
- By Installed Capacity in MW
- Market Size and Analysis
- Canada Agrivoltaics Market Outlook, 2020- 2030F
- Market Size and Analysis
- By Revenues in USD Million
- By Installed Capacity in MW
- Market Size and Analysis
- Market Size and Analysis
- South America Agrivoltaics Market Outlook, 2020- 2030F
- Market Size and Analysis
- By Revenues in USD Million
- By Installed Capacity in MW
- Market Share and Analysis
- By Placement
- By Material Type
- By Cell Type
- By Crop Collaboration
- By Type of Agrivoltaics Plant
- By Type of Solar Panel
- By Power Output
- By Country
- Brazil
- Rest of South America
- Brazil Agrivoltaics Market Outlook, 2020- 2030F
- Market Size and Analysis
- By Revenues in USD Million
- By Installed Capacity in MW
- Market Size and Analysis
- Market Size and Analysis
- Europe Agrivoltaics Market Outlook, 2020- 2030F
- Market Size and Analysis
- By Revenues in USD Million
- By Installed Capacity in MW
- Market Share and Analysis
- By Placement
- By Material Type
- By Cell Type
- By Crop Collaboration
- By Type of Agrivoltaics Plant
- By Type of Solar Panel
- By Power Output
- By Country
- Germany
- France
- Italy
- The Netherlands
- Belgium
- Rest of Europe
- Germany Agrivoltaics Market Outlook, 2020- 2030F
- Market Size and Analysis
- By Revenues in USD Million
- By Installed Capacity in MW
- Market Size and Analysis
- France Agrivoltaics Market Outlook, 2020- 2030F
- Market Size and Analysis
- By Revenues in USD Million
- By Installed Capacity in MW
- Market Size and Analysis
- Italy Agrivoltaics Market Outlook, 2020- 2030F
- Market Size and Analysis
- By Revenues in USD Million
- By Installed Capacity in MW
- Market Size and Analysis
- The Netherlands Agrivoltaics Market Outlook, 2020- 2030F
- Market Size and Analysis
- By Revenues in USD Million
- By Installed Capacity in MW
- Market Size and Analysis
- The Belgium Agrivoltaics Market Outlook, 2020- 2030F
- Market Size and Analysis
- By Revenues in USD Million
- By Installed Capacity in MW
- Market Size and Analysis
- Market Size and Analysis
- Middle East & Africa Agrivoltaics Market Outlook, 2020- 2030F
- Market Size and Analysis
- By Revenues in USD Million
- By Installed Capacity in MW
- Market Share and Analysis
- By Placement
- By Material Type
- By Cell Type
- By Crop Collaboration
- By Type of Agrivoltaics Plant
- By Type of Solar Panel
- By Power Output
- Market Size and Analysis
- Asia-Pacific Agrivoltaics Market Outlook, 2020- 2030F
- Market Size and Analysis
- By Revenues in USD Million
- By Installed Capacity in MW
- Market Share and Analysis
- By Placement
- By Material Type
- By Cell Type
- By Crop Collaboration
- By Type of Agrivoltaics Plant
- By Type of Solar Panel
- By Power Output
- By Country
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- China Agrivoltaics Market Outlook, 2020- 2030F
- Market Size and Analysis
- By Revenues in USD Million
- By Installed Capacity in MW
- Market Size and Analysis
- Japan Agrivoltaics Market Outlook, 2020- 2030F
- Market Size and Analysis
- By Revenues in USD Million
- By Installed Capacity in MW
- Market Size and Analysis
- India Agrivoltaics Market Outlook, 2020- 2030F
- Market Size and Analysis
- By Revenues in USD Million
- By Installed Capacity in MW
- Market Size and Analysis
- South Korea Agrivoltaics Market Outlook, 2020- 2030F
- Market Size and Analysis
- By Revenues in USD Million
- By Installed Capacity in MW
- Market Size and Analysis
- Australia Asia Agrivoltaics Market Outlook, 2020- 2030F
- Market Size and Analysis
- By Revenues in USD Million
- By Installed Capacity in MW
- Market Size and Analysis
- Market Size and Analysis
- Global Agrivoltaics Market Key Strategic Imperatives for Success and Growth
- Competitive Outlook
- Competition Matrix
- Material Type Portfolio
- Brand Specialization
- Target Markets
- Target Material Types
- Research & Development
- Strategic Alliances
- Strategic Initiatives
- Company Profiles (Business Description, Material Type Segments, Business Segments, Financials, Strategic Alliances/ Partnerships, Future Plans)
- Enel Green Power
- JS Power
- Sun' Agri
- Solar Window
- Akuo Energy
- BayWa r.e.
- Insolight
- REM Tec
- Zimmermen
- Next2Sun
- Others
- Competition Matrix
- Disclaimer

MarkNtel Advisors follows a robust and iterative research methodology designed to ensure maximum accuracy and minimize deviation in market estimates and forecasts. Our approach combines both bottom-up and top-down techniques to effectively segment and quantify various aspects of the market. A consistent feature across all our research reports is data triangulation, which examines the market from three distinct perspectives to validate findings. Key components of our research process include:
1. Scope & Research Design At the outset, MarkNtel Advisors define the research objectives and formulate pertinent questions. This phase involves determining the type of research—qualitative or quantitative—and designing a methodology that outlines data collection methods, target demographics, and analytical tools. They also establish timelines and budgets to ensure the research aligns with client goals.
2. Sample Selection and Data Collection In this stage, the firm identifies the target audience and determines the appropriate sample size to ensure representativeness. They employ various sampling methods, such as random or stratified sampling, based on the research objectives. Data collection is carried out using tools like surveys, interviews, and observations, ensuring the gathered data is reliable and relevant.
3. Data Analysis and Validation Once data is collected, MarkNtel Advisors undertake a rigorous analysis process. This includes cleaning the data to remove inconsistencies, employing statistical software for quantitative analysis, and thematic analysis for qualitative data. Validation steps are taken to ensure the accuracy and reliability of the findings, minimizing biases and errors.

4. Data Forecast and FinalizationThe final phase involves forecasting future market trends based on the analyzed data. MarkNtel Advisors utilize predictive modeling and time series analysis to anticipate market behaviors. The insights are then compiled into comprehensive reports, featuring visual aids like charts and graphs, and include strategic recommendations to inform client decision-making