Agrivoltaics Market Size, Share, Opportunities, And Trends By System Type (Dynamic Agrivoltaics Systems, Fixed Agrivoltaics Systems), By Technology (Photovoltaic (PV) Panels, Solar Thermal Systems, Bifacial PV Panels), By Application (Grassland Farming, Horticulture and Arable Farming, Indoor Farming), And By Geography - Forecasts From 2025 To 2030

Agrivoltaics Market Size:

The Agrivoltaics Market is expected to attain US$9.446 billion in 2030, growing at a CAGR of 11.61% during the forecast period, from US$5.455 billion in 2025.

Agrivoltaics Market Trends:

Agrivoltaics is an agricultural technique that utilizes solar energy to produce agricultural products. The demand for agrivoltaics is expected to witness major growth with the increasing global demand for clean energy, especially in the agricultural sector. The rising adoption of sustainable farming practices is propelling the market’s growth. Technological advancements in the agricultural and solar energy sectors are also expected to boost the global agrivoltaics market expansion during the expected timeline.

Agrivoltaics Market Growth Opportunities:

The Agrivoltaics Market is witnessing significant growth driven by two major factors:

• Growing demand for clean energy: The major factor propelling the global agrivoltaics market expansion is the increasing demand for clean energy, especially in the agricultural sector. The solution offers enhanced performance in producing solar energy along with agricultural products.
• Technological advancements: The growing technological advancements in the agricultural and solar energy sectors are boosting market expansion. Introducing new and more efficient technologies, like dynamic solar panel systems, helps increase the light exposure to the crops, boosting the production of crops.

Agrivoltaics Market Segmentation Analysis by System Type

• Dynamic Agrivoltaics Systems: Dynamic agrivoltaics systems offer optimized solar energy compared to other systems, enriching the demand for dynamic systems in the global agrivoltaics market.
• Fixed Agrivoltaics Systems: The major factors propelling the growth of fixed agrivoltaics systems are the lower installation and maintenance costs.

Agrivoltaics Market Segmentation Analysis by Technology

• Photovoltaic (PV) Panels: In the global agrivoltaics market, the photovoltaics segment is expected to attain greater market share due to the lower installation and maintenance costs and improved performance in solar energy collection.
• Solar Thermal Systems: The major application of solar thermal systems is to provide heat and reduce dependency on energy.
• Bifacial PV Panels: The bifocal PV panel system category is expected to grow continuously, as this system helps capture sunlight from both sides, enhancing the panels' efficiency.

Agrivoltaics Market Segmentation Analysis by Application

• Grassland Farming: Under the grassland farming application, the agrivoltaics solutions integrate solar generation with forage production for livestock.
• Horticulture and Arable Farming: In the horticulture and arable farming application, the agrivoltaics systems are utilized for the production of various types of vegetables, fruits, and other types of crops.
• Indoor Farming: The agrivoltaics techniques are utilized for indoor farming, as the systems are integrated with the greenhouses for energy generation and crop production.

Agrivoltaics Market Geographical Outlook:

The Agrivoltaics market report analyzes growth factors across the following five regions:

• North America: The increasing adoption of indoor farming and the growing adoption of sustainable farming technologies are among the key factors propelling the agrivoltaics market expansion in the North American region.
• Europe: The increasing adoption of sustainable farming technologies, like greenhouse and indoor farming, is expected to boost the demand for the agrivoltaics market in the region.
• Asia Pacific: The growing governmental initiatives for developing sustainable agricultural practices, especially in countries like India, Vietnam, China, and Malaysia, are propelling the market’s growth.
• South America & MEA: The Middle East and African region is expected to emerge as the fastest growing market, mainly due to the growing governmental initiatives in the solar and agricultural sectors.

Agrivoltaics Market – Competitive Landscape:

• RWE: The company offers a wide range of products and services and extensive research and development in the solar energy sector.
• United States Solar Corporation: The company provides solar energy solutions for residents, businesses, governments, and agriculture.
• Sandbox Solar LLC: Sandbox Solar is among the leading solar energy solution providers, offering residential & commercial solar, batteries, AV modeling, and agrivoltaics.

These companies are among the global leaders in solar energy solutions and offer extensive research in the solar energy market.

Agrivoltaics Market Latest Developments:

• In October 2024, Trina Solar, a global leader in solar energy, launched the first agrivoltaics project in Waikato, New Zealand, in partnership with Kiwi Solar and Trilect.
• In August 2024, Trina Solar, a global leader in solar energy solutions, launched agrivoltaics projects in Kyoto, Japan, which aimed to drive renewable energy and agricultural synergy in the nation.

Agrivoltaics Market Scope:

Report Metric	Details
Agrivoltaics Market Size in 2025	US$5.455 billion
Agrivoltaics Market Size in 2030	US$9.446 billion
Growth Rate	CAGR of 11.61%
Study Period	2020 to 2030
Historical Data	2020 to 2023
Base Year	2024
Forecast Period	2025 – 2030
Forecast Unit (Value)	USD Billion
Segmentation	System Type Technology Application Geography
Geographical Segmentation	North America, South America, Europe, Middle East and Africa, Asia Pacific
List of Major Companies in the Agrivoltaics Market	Trinasolar RWE United States Solar Corporation Sandbox Solar LLC United Agrivoltaics
Customization Scope	Free report customization with purchase

 

The Agrivoltaics Market is analyzed into the following segments:

By System Type

• Dynamic Agrivoltaics Systems
• Fixed Agrivoltaics Systems

By Technology

• Photovoltaic (PV) Panels
• Solar Thermal Systems
• Bifacial PV Panels

By Application

• Grassland Farming
• Horticulture and Arable Farming
• Indoor Farming

By Geography

• North America
  • United States
  • Canada
  • Mexico
• South America
  • Brazil
  • Argentina
  • Others
• Europe
  • United Kingdom
  • Germany
  • France
  • Spain
  • Others
• Middle East and Africa
  • Saudi Arabia
  • UAE
  • Others
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Taiwan
  • Others

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1. EXECUTIVE SUMMARY 

2. MARKET SNAPSHOT

2.1. Market Overview

2.2. Market Definition

2.3. Scope of the Study

2.4. Market Segmentation

3. BUSINESS LANDSCAPE 

3.1. Market Drivers

3.2. Market Restraints

3.3. Market Opportunities 

3.4. Porter’s Five Forces Analysis

3.5. Industry Value Chain Analysis

3.6. Policies and Regulations 

3.7. Strategic Recommendations 

4. TECHNOLOGICAL OUTLOOK

5. AGRIVOLTAICS MARKET BY SYSTEM TYPE

5.1. Introduction

5.2. Dynamic Agrivoltaics Systems

5.3. Fixed Agrivoltaics Systems

6. AGRIVOLTAICS MARKET BY TECHNOLOGY

6.1. Introduction

6.2. Photovoltaic (PV) Panels

6.3. Solar Thermal Systems

6.4. Bifacial PV Panels

7. AGRIVOLTAICS MARKET BY APPLICATION

7.1. Introduction

7.2. Grassland Farming

7.3. Horticulture and Arable Farming

7.4. Indoor Farming

8. AGRIVOLTAICS MARKET BY GEOGRAPHY

8.1. Introduction

8.2. North America

8.2.1. By System Type

8.2.2. By Technology

8.2.3. By Application

8.2.4. By Country

8.2.4.1. USA

8.2.4.2. Canada

8.2.4.3. Mexico

8.3. South America

8.3.1. By System Type

8.3.2. By Technology

8.3.3. By Application

8.3.4. By Country

8.3.4.1. Brazil

8.3.4.2. Argentina

8.3.4.3. Others

8.4. Europe

8.4.1. By System Type

8.4.2. By Technology

8.4.3. By Application

8.4.4. By Country

8.4.4.1. United Kingdom

8.4.4.2. Germany

8.4.4.3. France

8.4.4.4. Spain

8.4.4.5. Others

8.5. Middle East and Africa

8.5.1. By System Type

8.5.2. By Technology

8.5.3. By Application

8.5.4. By Country

8.5.4.1. Saudi Arabia

8.5.4.2. UAE

8.5.4.3. Others

8.6. Asia Pacific

8.6.1. By System Type

8.6.2. By Technology

8.6.3. By Application

8.6.4. By Country

8.6.4.1. China

8.6.4.2. Japan

8.6.4.3. India

8.6.4.4. South Korea

8.6.4.5. Taiwan

8.6.4.6. Others

9. COMPETITIVE ENVIRONMENT AND ANALYSIS

9.1. Major Players and Strategy Analysis

9.2. Market Share Analysis

9.3. Mergers, Acquisitions, Agreements, and Collaborations

9.4. Competitive Dashboard

10. COMPANY PROFILES

10.1. Trinasolar

10.2. RWE

10.3. United States Solar Corporation

10.4. Sandbox Solar LLC

10.5. United Agrivoltaics

11. APPENDIX

11.1. Currency 

11.2. Assumptions

11.3. Base and Forecast Years Timeline

11.4. Key benefits for the stakeholders

11.5. Research Methodology 

11.6. Abbreviations 

Trinasolar

RWE

United States Solar Corporation

Sandbox Solar LLC

United Agrivoltaics