Agrivoltaics Market Report 2026

Agrivoltaics Market Overview

• Agrivoltaics market size has reached to $5.18 billion in 2025 • Expected to grow to $8.65 billion in 2030 at a compound annual growth rate (CAGR) of 10.8% • Growth Driver: Rising Demand For Agricultural Land Propels Growth Of Agrivoltaics Market • Market Trend: Introduction Of Innovative Agrivoltaics Products • North America was the largest region in 2025 and Asia-Pacific is the fastest growing region.

What Is Covered Under Agrivoltaics Market?

Agrovoltaics refers to the practice of co-locating solar panels or photovoltaic (PV) systems with agricultural activities on the same land. It involves integrating solar energy production with agriculture, allowing for a dual-use of the land. The main designs of agrivoltaics are fixed solar panels over crops and dynamic agrivoltaics. Fixed solar panel agrivoltaics refers to the practice of installing solar panels in a fixed position on agricultural land to generate solar energy while simultaneously allowing for agricultural activities to take place underneath or around the panels. The various types of crops are leafy greens and root crops made of panels and paint materials in monocrystalline and polycrystalline cell types placed in standalone, shading nets, and greenhouse.

What Is The Agrivoltaics Market Growth Forecast?

The agrivoltaics market size is expected to see rapid growth in the next few years. It will grow to $8.65 billion in 2030 at a compound annual growth rate (CAGR) of 10.8%. The growth in the forecast period can be attributed to rising demand for low-carbon farming solutions, expansion of smart agrivoltaic monitoring systems, increasing investment in dynamic pv technologies, growth in climate-resilient agricultural practices, rising government support for dual-use energy projects. Major trends in the forecast period include expansion of dual-use land development models, growing focus on shade-tolerant crop cultivation, increasing adoption of dynamic and adjustable agrivoltaic structures, rising interest in paint-based photovoltaic coatings, growing integration of agrivoltaics into greenhouse and net-shading systems.

Global Agrivoltaics Market Segmentation

1) By System Design: Fixed Solar Panels Over Crops, Dynamic Agrivoltaics 2) By Crop Type: Leafy Greens, Root Crops 3) By Cell Type: Monocrystalline, Polycrystalline 4) By Placement: Standalone, Shading Nets, Greenhouse Subsegments: 1) By Fixed Solar Panels Over Crops: Ground-mounted Fixed Systems, Roof-mounted Fixed Systems 2) By Dynamic Agrivoltaics: Tracking Solar Panel Systems, Adjustable Height Systems, Smart Shading Systems

What Is Driver Of The Agrivoltaics Market?

Rising demand for agricultural land is expected to propel the growth of the agrivoltaics market going forward. Agricultural land refers to the land area that is either arable, under permanent crops or under permanent pastures. Agrivoltaics can offer a sustainable and efficient approach to agricultural land use, combining the benefits of renewable energy generation with agricultural production while potentially improving the resilience of farming systems to climate change. For instance, in September 2025, according to the USDA Economic Research Service,a US-based government agency, the average value of U.S. farmland reached $4,350 per acre, marking a 4.3 percent increase from 2024 levels, or 1.9 percent after adjusting for inflation. Therefore, rising demand for agricultural land is driving the growth of the agrivoltaics industry.

Key Players In The Global Agrivoltaics Market

Major companies operating in the agrivoltaics market are TotalEnergies SE, Huawei Technologies Co., BayWa AG, Trina Solar, Enel Green Power Spa, JA Solar Holdings Co. Ltd., Ombrea SAS, SunPower Corporation, Suntech Power Holdings, Boralex, Soltec Power Holdings SA, Voltalia SA, Solarwatt, Namaste Solar, Sunseap Group, REM Tec, Sunrise Power Solutions, Agrivoltaic Solution LLC, DualSun, Ecovoltaics, Insolight SA, Mackin Energy, Mirai Solar, Next2Sun Technology GmbH, Sun'Agri SAS, SunSeed APV Private Limited

Global Agrivoltaics Market Trends and Insights

Major companies operating in the agrivoltaics market are developing innovative products such as Bisol Lumina to meet international standards, emphasizing quality and safety. Bisol Lumina is a bifacial monocrystalline PV module with a transparent backsheet designed to provide high transparency ratio and efficient energy conversion. For instance, in July 2023, Bisol, a Slovenia-based solar energy company, launched Bisol Lumina for agrivoltaics. The panels contain bifacial solar cells to maximize the PV module's output power, and the transparent backsheet has excellent resistance to external influences, ensuring consistent performance throughout its lifespan. The panels are engineered to withstand various environmental conditions, such as strong winds and heavy snow loads, and are certified to meet international standards, emphasizing quality and safety.

What Are Latest Mergers And Acquisitions In The Agrivoltaics Market? TotalEnergies Enhances Agrivoltaic Portfolio With Strategic Acquisition Of Ombrea

In September 2023, TotalEnergies SE, a France-based integrated energy and petroleum company, acquired Ombrea for an undisclosed amount. This acquisition supports Ombrea's expansion plans in a highly competitive market, while TotalEnergies stands to benefit from Ombrea's expertise in accelerating the development of its 1.5 GW portfolio of agrivoltaic projects. Ombrea is a France-based agrivoltaics company.

Regional Outlook

North America was the largest region in the agrivoltaics market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in this market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in this market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain

What Defines the Agrivoltaics Market?

The agrovoltaics market includes revenues earned by entities by providing services such as system design and planning, installation and construction, monitoring and maintenance, crop management strategies, and custom solutions. The market value includes the value of related goods sold by the service provider or included within the service offering. The agrovoltaics market also includes sales of solar panels or photovoltaic (PV) systems, mounting structures, sensors, energy storage systems, and inverters. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What Key Data and Analysis Are Included in the Agrivoltaics Market Report 2026?

The agrivoltaics market research report is one of a series of new reports from The Business Research Company that provides market statistics, including industry global market size, regional shares, competitors with the market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the agrivoltaics industry. The market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.