The global agrivoltaics market size was valued at US$ 3.17 billion in 2021 and is anticipated to grow US$ 8.9 billion by 2030, registering a compound annual growth rate (CAGR) of 12.15% from 2022 to 2030.
The agrivoltaics market report covering various industry elements and growth trends helpful for predicting the market’s future.
The study provides a strong base for the agrivoltaics market to be segmented into different segments. In fact, the study also covers the maximum market share during the assessment period by 2030.
This study is based on the partners that are highly competitive, key players as well as their market revenue in the forecast years of 2022 to 2030. There is also a strong focus on product revenues, sales, product categories and even the products that are experiencing the most traction. In this manner, the agrivoltaics report also speaks about the effectiveness of this market along with its growth during the forecast period of 2030. Other major attributes of the agrivoltaics market have been studied and analysed across many developments.
Market Scope
Report Scope of the Agrivoltaics Market
| Report Coverage | Details |
| Market Size in 2022 | USD 3.56 Billion |
| Market Size by 2030 | USD 8.9 Billion |
| Growth Rate from 2022 to 2030 | CAGR of 12.15% |
| Base Year | 2021 |
| Forecast Period | 2022 to 2030 |
| Segments Covered | System Design, Crop Type, Placement, Material Type, Cell Type, Crop Collaboration, Type of Agrivoltaic Plant, Type of Solar Panel, Power Output, and Geography |
Research Approach
The comprehensive report on the global agrivoltaics market begins with an overview, followed by the scope and objectives of the study. The report provides detailed explanation of the objectives behind this study and key vendors and distributors operating in the market and regulatory scenario for approval of products. Following this, the report provides detailed explanation of objectives of this study and laid down by accredited agencies in the purview of research in the global agrivoltaics market.
It is followed by market introduction, market dynamics, and an overview of the global market, which includes analysis of market drivers, restraints, and trends pertaining to the global market. Furthermore, Y-o-Y growth analysis with elaborated insights has been provided in order to understand the Y-o-Y growth trend of the global market.
For reading comprehensibility, the report has been compiled in a chapter-wise layout, with each section divided into smaller sections. The report comprises an exhaustive collection of graphs and tables that are appropriately interspersed. Pictorial representation of actual and projected values of key segments is visually appealing to readers. This also allows comparison of the market shares of key segments in the past and at the end of the forecast period.
Key Players are Agrivoltaic Solution LLC, Sun Agri, REM TEC, Enel Green Power, Boralex, BayWa AG, TotalEnergies SE, Mackin Energy, Sunrise Power Solutions, Suntech Power Holdings
Market Segmentations
By System Design
- Fixed Solar Panels Over Crops
- Dynamic Agrivoltaic
By Crop Type
- Leafy Greens
- Lettuce
- Spinach
- Others
- Root Crops
- Potatoes
- Radishes
- Beets
- Carrots
- Others
- Fruits & Other Crops
By Placement
- Standalone
- Shading Nets
- Greenhouse
- Others (Solar Fence, Solar Windows, etc.)
By Material Type
- Panels
- Paints
By Cell Type
- Monocrystalline
- Polycrystalline
By Crop Collaboration
- Vegetables
- Fruits
- Crops
- Others (Herbs, etc.)
By Type of Agrivoltaic Plant
- Overhead Tilted
- Interspace
- Hybrid
By Type of Solar Panel
- Opaque
- Semi-Transparent
- Transparent
By Power Output
- Up to 10 MWp
- 10.1 to 50 MWp
- More than 50 MWp
By Geography
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East & Africa (MEA)
TABLE OF CONTENT
Why should you invest in this report?
If you are aiming to enter the global agrivoltaics market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for agrivoltaics are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2022-2030 so that you can plan your strategies to enter this market accordingly.
Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.
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