The Agrivoltaics Market market is forecast to grow at a CAGR of 11.5%, reaching USD 10.5 billion in 2031 from USD 6.1 billion in 2026.
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.
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 Segment 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 Segment Analysis by Technology
Agrivoltaics Market Segment 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.
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.
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.
February 2026: Vietnam-Germany agrivoltaics cooperation project launched with official kick-off for “Agri-PV for rural areas Vietnam,” promoting solar-agriculture integration for sustainable rural development (2025–2027).
December 2025: Energeia AS received approval for a 46 MW agrivoltaic project in Norway, set to be the country’s largest agrivoltaic facility, combining sheep grazing and grass cultivation with clean energy production.
September 2025: Sol Systems completed a 342 MW agrivoltaic solar project in Illinois, integrating perennial grain crops beneath solar arrays to co-produce renewable energy and agricultural output.
June 2025: Yanmar Holdings introduced “Save The Farms by Yanmar,” a combined regenerative agriculture and agrivoltaics initiative with solar installations over farms in Shiga and Okayama, targeting energy generation and sustainable food production.
April 2025: Italy launched a €323 million agrivoltaics tender under its national energy plan, funding projects that integrate solar power with agriculture, with incentives for installations by June 30, 2026.
January 2025: Czech Republic approved new agrivoltaics laws expanding permissible agrivoltaic installations and specifying system categories, enabling broader deployment on diverse agricultural lands and safeguarding farming eligibility.
| Report Metric | Details |
|---|---|
| Total Market Size in 2026 | USD 6.1 billion |
| Total Market Size in 2031 | USD 10.5 billion |
| Forecast Unit | Billion |
| Growth Rate | 11.5% |
| Study Period | 2021 to 2031 |
| Historical Data | 2021 to 2024 |
| Base Year | 2025 |
| Forecast Period | 2026 – 2031 |
| Segmentation | System Type, Technology, Application, Geography |
| Geographical Segmentation | North America, South America, Europe, Middle East and Africa, Asia Pacific |
| Companies |
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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