Press release
United States Agrivoltaics Market to Hit $ 2.523 Billion by 2032, Driven by Sustainable Agriculture & Dual-Use Solar Expansion.
Leander, Texas and Tokyo, Japan - Dec.02.2025As per DataM Intelligence research report, "Global Agrivoltaics Market reached US$ 4.32 billion in 2024 and is expected to reach US$ 8.41 billion by 2032, growing with a CAGR of 8.68% during the forecast period 2025-2032." Rising demand for sustainable agriculture and renewable energy integration is driving the adoption of agrivoltaics solutions.
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United States: Recent Industry Developments
✅ In November 2025, NextEra Energy and leading agricultural companies launched pilot agrivoltaic farms combining solar PV panels with crop cultivation to optimize land use and energy output. This reinforces U.S. leadership in dual-use solar-agriculture projects.
✅ In October 2025, U.S. startups invested $30 million in smart agrivoltaic systems with adjustable solar panel heights and automated irrigation to maximize crop yield and energy efficiency. This strengthens adoption of high-tech agrivoltaic solutions.
✅ In September 2025, universities and research centers partnered with farms to study crop growth under bifacial and semi-transparent PV panels, promoting best practices for agrivoltaics. This boosts knowledge transfer and industry adoption.
Global: Recent Industry Developments
✅ In November 2025, global agrivoltaic initiatives implemented AI-driven solar panel adjustments to optimize sunlight exposure for both energy generation and crop growth. This accelerates worldwide adoption of precision agrivoltaics.
✅ In October 2025, Europe, North America, and Asia-Pacific witnessed significant investments in large-scale agrivoltaic farms to improve land-use efficiency and reduce carbon footprint. This strengthens global renewable energy integration.
✅ In September 2025, multinational collaborations focused on developing semi-transparent and bifacial PV panels suitable for various crops and climates. This enhances performance and scalability of agrivoltaic systems globally.
Agrivoltaics Market: Drivers
- The agrivoltaics market is expanding as farmers and renewable energy developers increasingly adopt dual land-use systems that combine solar power generation with agricultural production. Agrivoltaic installations allow crops to grow beneath or between solar panels, improving land productivity while generating clean electricity. Rising demand for sustainable farming practices, water-use efficiency, and climate-resilient agriculture is driving market growth. Advancements in panel designs, adjustable mounting structures, and crop-specific layout optimization are improving system performance and crop yields.
- Collaboration among solar developers, agricultural research institutions, and technology providers is accelerating innovation in shading-tolerant crops, smart irrigation, and environment-responsive panel tracking. Enhanced energy modeling, integration with vertical farming, and adoption of bifacial panels are further optimizing power output. Growing emphasis on food energy security, reduced land conflict, and supportive government policies is expanding deployment opportunities. With increasing interest in sustainable land management, rural electrification, and renewable energy targets, the agrivoltaics market is poised for long-term growth.
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Agrivoltaics Market: Major Players
Next2Sun Technology GmbH, SunAgri, Ombrea, Namaste Solar, Mirai Solar, SunSeed APV Private Limited, Enel Green Power Spa, JA Solar Holdings Co. Ltd., BayWa AG and Insolight SA.
Segment Covered in the Agrivoltaics Market:
By System Design
Fixed-tilt systems lead with 45% share, driven by low installation cost and suitability for large agricultural fields. Single-axis tracking systems hold 35%, preferred for higher solar efficiency and improved crop-light balancing. Multi-axis and dynamic systems capture 20%, serving advanced projects requiring optimized shading and energy output.
By Cell Type
Monocrystalline cells dominate with 50% share, supported by high efficiency and better performance under partial shading. Polycrystalline cells account for 30%, offering cost-effective solutions for broad agrivoltaic deployment. Thin-film cells hold 20%, favored for semi-transparent and flexible installations used in sensitive crop environments.
By Crop
Vegetables lead with 40% share, owing to strong compatibility with shaded microclimates created by solar panels. Fruits hold 25%, driven by adoption in orchards and berry farms using elevated PV systems. Grains and cereals capture 20%, mainly across large dual-use agricultural lands. Other crops make up 15%, including herbs, fodder, and specialty crops.
By Solar Technology
PV solar panels dominate with 55% share, widely used due to proven efficiency and versatility in agricultural settings. CSP technology holds 20%, adopted in high-irradiance regions for large-scale hybrid uses. Hybrid solar systems represent 15%, integrating PV with thermal or storage components. Other technologies account for 10%, including bifacial and semi-transparent modules tailored for crop optimization.
Regional Analysis
North America - 24% Share
North America holds 24%, driven by rising adoption of dual-use solar farms, supportive renewable energy policies, and growing interest in sustainable agriculture.
Europe - 29% Share
Europe leads with 29%, supported by strong government incentives, advanced solar technologies, and high focus on land-use efficiency in countries like Germany, France, and the Netherlands.
Asia Pacific - 37% Share
Asia Pacific dominates with 37%, fueled by expanding solar capacity, large agricultural land availability, and government-backed agrivoltaic pilot projects in China, Japan, and India.
Latin America - 6% Share
Latin America accounts for 6%, driven by rising renewable energy adoption and growing interest in combining farming with solar power generation, especially in Brazil and Chile.
Middle East & Africa - 4% Share
Middle East & Africa hold 4%, supported by agrivoltaics' potential to enhance crop yield under high temperatures and increasing investment in sustainable farming and solar energy.
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