Agrivoltaics Market Size, Share and Trends 2026 to 2035

According to MarketnReports, the global Agrivoltaics Market size was estimated at USD 5.9 billion in 2025 and is expected to reach USD 14.23 billion by 2035, growing at a CAGR of 9.2% from 2026 to 2035. Agrivoltaics Market is driven by rising demand for sustainable agriculture and renewable energy integration.

What are the Key Insights into Agrivoltaics Market?

  • The global Agrivoltaics Market was valued at USD 5.9 billion in 2025 and is expected to reach USD 14.23 billion by 2035.
  • The market is projected to grow at a CAGR of 9.2% from 2026 to 2035.
  • The market is driven by increasing adoption of renewable energy, government incentives for sustainable practices, and the need for efficient land utilization in agriculture.
  • Fixed solar panels dominate the system type segment with a 60% share due to their cost-effectiveness, ease of installation, and compatibility with various crop types, allowing for widespread adoption in regions with limited resources.
  • Dynamic solar panels hold the second dominant position in the system type segment with a 30% share, driven by their ability to adjust for optimal sunlight exposure, enhancing both energy yield and crop growth.
  • Monofacial solar panels dominate the array configuration segment with a 55% share because of their affordability and proven reliability in integrating with agricultural setups without requiring advanced technology.
  • Bifacial solar panels are the second dominant in the array configuration segment with a 35% share, supported by their higher energy efficiency from capturing light on both sides, ideal for elevated agrivoltaic systems.
  • Leafy greens dominate the crop type segment with a 40% share owing to their shade-tolerant nature, which benefits from the microclimate created by solar panels, leading to improved yields and water conservation.
  • Root crops are the second dominant in the crop type segment with a 30% share, as they thrive under partial shading, contributing to market growth through diversified farming applications.
  • Europe dominates the regional segment with a 38% share due to supportive government policies, high renewable energy targets, and extensive research initiatives promoting sustainable land use.

What is the Overview of Agrivoltaics Market?

Agrivoltaics refers to the simultaneous use of land for both solar photovoltaic power generation and agricultural activities, allowing for the co-location of solar panels with crops or livestock. This market encompasses systems that integrate solar energy production with farming practices, optimizing land use efficiency while providing dual benefits of renewable energy and food production. It involves various configurations such as elevated solar panels over crops, ground-mounted arrays with grazing spaces, or greenhouse-integrated photovoltaics. Unlike traditional solar farms that may displace agricultural land, agrivoltaics enhances sustainability by reducing water evaporation, providing shade for crops, and improving soil health through controlled microclimates. The market is driven by the need to address land scarcity, climate change impacts on agriculture, and the global transition to clean energy, fostering innovation in dual-use technologies that support environmental conservation and economic viability for farmers.

What are the Dynamics Shaping Agrivoltaics Market?

Growth Drivers

The Agrivoltaics Market is experiencing robust growth driven by the escalating global demand for renewable energy sources amid efforts to combat climate change and reduce carbon emissions. Governments worldwide are implementing incentives and subsidies for solar installations, which encourage the integration of photovoltaic systems with agricultural lands, thereby optimizing land use and providing farmers with additional revenue streams from energy production. Technological advancements in solar panel designs, such as bifacial and transparent modules, enhance compatibility with various crops by allowing sufficient sunlight penetration while generating electricity. Furthermore, the rising awareness of sustainable farming practices and the need to address food security challenges in densely populated regions propel the adoption of agrivoltaics, as it improves crop yields through shade provision and reduced water evaporation.

Restraints

Despite its potential, the Agrivoltaics Market faces significant restraints primarily related to high initial installation costs, which can deter small-scale farmers from adopting these systems without adequate financial support. The complexity of designing agrivoltaic setups that balance energy generation with agricultural productivity requires specialized knowledge and may lead to suboptimal outcomes if not properly managed. Additionally, regulatory hurdles and varying land-use policies across regions can complicate project approvals and implementation, slowing market penetration. Concerns over potential impacts on soil health and biodiversity from improper installations also pose challenges, necessitating rigorous environmental assessments that can increase project timelines and expenses.

Opportunities

The Agrivoltaics Market presents numerous opportunities arising from the integration of advanced technologies like AI and IoT for real-time monitoring and optimization of both solar energy output and crop health, potentially attracting tech-savvy investors. Expanding into emerging economies with abundant sunlight and vast agricultural lands offers untapped potential for large-scale projects supported by international funding for sustainable development. Collaborations between solar companies, agricultural experts, and research institutions can foster innovation in crop-specific agrivoltaic designs, enhancing market appeal. Moreover, the growing emphasis on corporate sustainability goals encourages partnerships with agribusinesses seeking to reduce their carbon footprint through on-site renewable energy generation.

Challenges

The Agrivoltaics Market encounters challenges associated with the variability in crop responses to shading from solar panels, which can affect yields and require extensive field trials to identify suitable combinations. Limited awareness and education among farmers about the benefits and implementation of agrivoltaics hinder widespread adoption, particularly in rural areas with restricted access to information. Supply chain disruptions for specialized solar components can delay projects and increase costs, impacting market growth. Additionally, addressing community concerns over visual impacts and land transformation requires effective stakeholder engagement to build acceptance and support for agrivoltaic initiatives.

Agrivoltaics Market: Report Scope

Report Attributes Report Details
Report Name Agrivoltaics Market
Market Size 2025 USD 5.9 Billion
Market Forecast 2035 USD 14.23 Billion
Growth Rate CAGR of 9.2%
Report Pages 220
Key Companies Covered

BayWa r.e., Sun’Agri, Enel Green Power, Next2Sun, Insolight, and Others.

Segments Covered By System Type, By Array Configuration, By Crop Type, and By Region.
Regions Covered North America, Europe, Asia Pacific (APAC), Latin America, and The Middle East and Africa (MEA)
Base Year 2025
Historical Year 2020 - 2024
Forecast Year 2026 - 2035
Customization Scope Avail customized purchase options to meet your exact research needs.

What is the Segmentation Analysis of Agrivoltaics Market?

The Agrivoltaics Market is segmented by type, application, end-user, and region.

By System Type Segment, fixed solar panels emerge as the most dominant subsegment due to their lower upfront costs and simpler installation processes compared to dynamic systems, making them accessible for a wide range of farmers and driving market growth by enabling scalable deployment in diverse agricultural settings. Dynamic solar panels are the second most dominant, offering adjustable angles for optimized sunlight distribution that enhances both energy production and crop vitality, supporting market expansion through improved efficiency in regions with varying weather conditions.

By Array Configuration Segment, monofacial solar panels stand out as the most dominant subsegment, propelled by their established technology and cost-effectiveness, which facilitates broader adoption and fuels market demand by providing reliable energy generation without complex manufacturing. Bifacial solar panels rank as the second most dominant, with their ability to capture sunlight from both sides increasing overall energy yield, bolstering market growth through enhanced performance in elevated agrivoltaic structures.

By Crop Type Segment, leafy greens are the most dominant subsegment, as they benefit significantly from the shade provided by solar panels, reducing heat stress and water usage while driving market growth by demonstrating tangible improvements in yield for high-value crops. Root crops are the second most dominant, thriving under partial shading that protects against excessive sun exposure, contributing to market expansion by diversifying applications in staple food production.

What are the Recent Developments in Agrivoltaics Market?

  • In January 2026, Pivot Energy highlighted leading agrivoltaic practices in its 2025 year-in-review, focusing on new partnerships and community impacts.
  • In December 2025, Sol Systems reported breakthroughs at projects like Prairie Creek, launching sheep grazing and planting Kernza for soil health.
  • In November 2025, the U.S. Department of Energy awarded $20 million to scale agrivoltaic pilots in the Midwest, supporting corn and soy integration.
  • In June 2025, Cero Generation began operating a 48 MW Italian agrivoltaic project.

What is the Regional Analysis of Agrivoltaics Market?

Europe to dominate the global market.

Europe leads the Agrivoltaics Market with strong policy support and renewable energy targets, particularly in Germany, which dominates due to its advanced research institutions and incentives driving widespread adoption of dual-use systems.

North America follows with growing investments in sustainable agriculture, led by the United States, which dominates through federal funding and large-scale pilots enhancing rural economies and energy independence.

Asia Pacific exhibits rapid growth fueled by land scarcity and high solar potential, with China dominating via massive government-backed projects integrating solar with rice and aquaculture farming.

Latin America shows emerging potential with favorable climates for solar-agri integration, where Brazil dominates due to initiatives promoting biofuels and renewable energy in vast agricultural lands.

The Middle East and Africa region is gradually advancing, supported by desert agriculture needs, with South Africa as the dominating country through solar-powered irrigation and crop protection projects.

What are the Key Market Players in Agrivoltaics Market?

BayWa r.e. focuses on large-scale agrivoltaic projects across Europe, leveraging partnerships to optimize land use and enhance farmer revenues through integrated solar solutions.

Sun’Agri specializes in dynamic shading systems for vineyards and orchards, investing in R&D to improve crop yields while maximizing energy production.

Enel Green Power emphasizes utility-scale agrivoltaics, driving growth via sustainable energy initiatives and collaborations with agricultural stakeholders.

Next2Sun leads in vertical bifacial solar systems, advancing dual-use applications for field crops and promoting biodiversity in installations.

Insolight develops translucent solar modules for greenhouses, focusing on light optimization to support horticulture and reduce energy costs.

REM TEC prioritizes automated tracking systems, fostering efficiency in energy generation and agricultural productivity through innovative designs.

Zimmermann PV-Agri concentrates on elevated structures for livestock grazing, utilizing robust engineering to ensure compatibility with farming operations.

JA Solar excels in high-efficiency panels for agrivoltaics, pursuing global expansion with cost-effective solutions for diverse crop types.

Ombrea advances AI-driven shading technologies, emphasizing climate adaptation for crops and sustainable water management.

Agrivoltaic Solutions invests in customized systems for small farms, prioritizing accessibility and education to broaden market adoption.

What are the Trends Influencing Agrivoltaics Market?

  • Increasing integration of bifacial solar panels for higher energy capture from both sides.
  • Adoption of dynamic tracking systems to optimize sunlight for crops and energy yield.
  • Growth in pollinator-friendly habitats under solar arrays to enhance biodiversity.
  • Expansion of agrivoltaics in greenhouses for controlled environment agriculture.
  • Rising use of AI and IoT for real-time monitoring of crop health and energy output.
  • Focus on water conservation through reduced evaporation under panel shade.
  • Development of translucent photovoltaic technologies for better light transmission.
  • Collaborations between solar developers and farmers for dual revenue streams.

What are the Market Segments Covered in the Report?

By System Type

  • Fixed Solar Panels
  • Dynamic Solar Panels
  • Others

By Array Configuration

  • Monofacial Solar Panels
  • Bifacial Solar Panels
  • Translucent Photovoltaic Panels
  • Others

By Crop Type

  • Leafy Greens
  • Root Crops
  • Fruits
  • Vegetables
  • Others
By Region
  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • UAE
    • South Africa
    • Rest of Middle East & Africa

Frequently Asked Questions

Agrivoltaics involve the co-location of solar photovoltaic systems with agricultural activities to optimize land use for energy and food production.

Government incentives, technological advancements in solar panels, and the need for sustainable land management will drive growth.

The market is expected to reach USD 5.9 billion in 2025 and is expected to reach USD 14.23 billion by 2035.

The CAGR is projected at 9.2%.

Europe will contribute significantly due to supportive policies and high adoption rates.

Major players include BayWa r.e., Sun’Agri, Enel Green Power, Next2Sun, and Insolight.

The report provides in-depth analysis, forecasts, trends, and strategic recommendations.

Stages include system design, component manufacturing, installation, operation, and maintenance.

Trends lean towards sustainable practices, with preferences for systems that enhance crop yields and reduce environmental impact.

Supportive renewable energy policies and climate resilience initiatives positively influence growth, while land-use regulations may pose challenges.