The global agrivoltaics market size accounted for USD 4.59 billion in 2024, grew to USD 5.13 billion in 2025 and is predicted to surpass around USD 13.88 billion by 2034, representing a healthy CAGR of 11.70% between 2024 and 2034. The North America agrivoltaics market size is calculated at USD 1.51 billion in 2024 and is expected to grow at a fastest CAGR of 11.82% during the forecast year.
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
3.1. Market Snapshot
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition
6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers
7.1. Agrivoltaics Market, by System Design, 2024-2034
7.1.1. Fixed Solar Panels Over Crops
7.1.1.1. Market Revenue and Forecast (2021-2034)
7.1.2. Dynamic Agrivoltaic
7.1.2.1. Market Revenue and Forecast (2021-2034)
8.1. Agrivoltaics Market, by Crop Type, 2024-2034
8.1.1. Leafy Greens
8.1.1.1. Market Revenue and Forecast (2021-2034)
8.1.2. Root Crops
8.1.2.1. Market Revenue and Forecast (2021-2034)
8.1.3. Fruits & Other Crops
8.1.3.1. Market Revenue and Forecast (2021-2034)
9.1. Agrivoltaics Market, by Placement, 2024-2034
9.1.1. Standalone
9.1.1.1. Market Revenue and Forecast (2021-2034)
9.1.2. Shading Nets
9.1.2.1. Market Revenue and Forecast (2021-2034)
9.1.3. Greenhouse
9.1.3.1. Market Revenue and Forecast (2021-2034)
9.1.4. Others (Solar Fence, Solar Windows, etc.)
9.1.4.1. Market Revenue and Forecast (2021-2034)
10.1. Agrivoltaics Market, by Material Type, 2024-2034
10.1.1. Panels
10.1.1.1. Market Revenue and Forecast (2021-2034)
10.1.2. Paints
10.1.2.1. Market Revenue and Forecast (2021-2034)
11.1. Agrivoltaics Market, by Cell Type, 2024-2034
11.1.1. Monocrystalline
11.1.1.1. Market Revenue and Forecast (2021-2034)
11.1.2. Polycrystalline
11.1.2.1. Market Revenue and Forecast (2021-2034)
12.1. Agrivoltaics Market, by Crop Collaboration, 2024-2034
12.1.1. Vegetables
12.1.1.1. Market Revenue and Forecast (2021-2034)
12.1.2. Fruits
12.1.2.1. Market Revenue and Forecast (2021-2034)
12.1.3. Crops
12.1.3.1. Market Revenue and Forecast (2021-2034)
12.1.4. Others (Herbs, etc.)
12.1.4.1. Market Revenue and Forecast (2021-2034)
13.1. Agrivoltaics Market, by Type of Agrivoltaic Plant, 2024-2034
13.1.1. Overhead Tilted
13.1.1.1. Market Revenue and Forecast (2021-2034)
13.1.2. Interspace
13.1.2.1. Market Revenue and Forecast (2021-2034)
13.1.3. Hybrid
13.1.3.1. Market Revenue and Forecast (2021-2034)
14.1. Agrivoltaics Market, by Type of Solar Panel, 2024-2034
14.1.1. Opaque
14.1.1.1. Market Revenue and Forecast (2021-2034)
14.1.2. Semi-Transparent
14.1.2.1. Market Revenue and Forecast (2021-2034)
14.1.3. Transparent
14.1.3.1. Market Revenue and Forecast (2021-2034)
15.1. Agrivoltaics Market, by Power Output, 2024-2034
15.1.1. Up to 10 MWp
151.1.1. Market Revenue and Forecast (2021-2034)
15.1.2. 10.1 to 50 MWp
15.1.2.1. Market Revenue and Forecast (2021-2034)
15.1.3. More than 50 MWp
15.1.3.1. Market Revenue and Forecast (2021-2034)
16.1. North America
16.1.1. Market Revenue and Forecast, by System Design (2021-2034)
16.1.2. Market Revenue and Forecast, by Crop Type (2021-2034)
16.1.3. Market Revenue and Forecast, by Placement (2021-2034)
16.1.4. Market Revenue and Forecast, by Material Type (2021-2034)
16.1.5. Market Revenue and Forecast, by Cell Type (2021-2034)
16.1.6. Market Revenue and Forecast, by Crop Collaboration (2021-2034)
16.1.7. Market Revenue and Forecast, by Type of Agrivoltaic Plant (2021-2034)
16.1.8. Market Revenue and Forecast, by Type of Solar Panel (2021-2034)
16.1.9. Market Revenue and Forecast, by Power Output (2021-2034)
16.1.9. U.S.
16.1.9.1. Market Revenue and Forecast, by System Design (2021-2034)
16.1.9.2. Market Revenue and Forecast, by Crop Type (2021-2034)
16.1.9.3. Market Revenue and Forecast, by Placement (2021-2034)
16.1.9.4. Market Revenue and Forecast, by Material Type (2021-2034)
16.1.9.5. Market Revenue and Forecast, by Cell Type (2021-2034)
16.1.9.6. Market Revenue and Forecast, by Crop Collaboration (2021-2034)
16.1.9.7. Market Revenue and Forecast, by Type of Agrivoltaic Plant (2021-2034)
16.1.9.8. Market Revenue and Forecast, by Type of Solar Panel (2021-2034)
16.1.9.9. Market Revenue and Forecast, by Power Output (2021-2034)
16.1.10. Rest of North America
16.1.10.1. Market Revenue and Forecast, by System Design (2021-2034)
16.1.10.2. Market Revenue and Forecast, by Crop Type (2021-2034)
16.1.10.3. Market Revenue and Forecast, by Placement (2021-2034)
16.1.10.4. Market Revenue and Forecast, by Material Type (2021-2034)
16.1.10.5. Market Revenue and Forecast, by Cell Type (2021-2034)
16.1.10.6. Market Revenue and Forecast, by Crop Collaboration (2021-2034)
16.1.10.7. Market Revenue and Forecast, by Type of Agrivoltaic Plant (2021-2034)
16.1.10.8. Market Revenue and Forecast, by Type of Solar Panel (2021-2034)
16.1.10.9. Market Revenue and Forecast, by Power Output (2021-2034)
16.2. Europe
16.2.1. Market Revenue and Forecast, by System Design (2021-2034)
16.2.2. Market Revenue and Forecast, by Crop Type (2021-2034)
16.2.3. Market Revenue and Forecast, by Placement (2021-2034)
16.2.4. Market Revenue and Forecast, by Material Type (2021-2034)
16.2.5. Market Revenue and Forecast, by Cell Type (2021-2034)
16.2.6. Market Revenue and Forecast, by Crop Collaboration (2021-2034)
16.2.7. Market Revenue and Forecast, by Type of Agrivoltaic Plant (2021-2034)
16.2.8. Market Revenue and Forecast, by Type of Solar Panel (2021-2034)
16.2.9. Market Revenue and Forecast, by Power Output (2021-2034)
15.2.9. UK
16.2.9.1. Market Revenue and Forecast, by System Design (2021-2034)
16.2.9.2. Market Revenue and Forecast, by Crop Type (2021-2034)
16.2.9.3. Market Revenue and Forecast, by Placement (2021-2034)
16.2.9.4. Market Revenue and Forecast, by Material Type (2021-2034)
16.2.9.5. Market Revenue and Forecast, by Cell Type (2021-2034)
16.2.9.6. Market Revenue and Forecast, by Crop Collaboration (2021-2034)
16.2.9.7. Market Revenue and Forecast, by Type of Agrivoltaic Plant (2021-2034)
16.2.9.8. Market Revenue and Forecast, by Type of Solar Panel (2021-2034)
16.2.9.9. Market Revenue and Forecast, by Power Output (2021-2034)
16.2.10. Germany
16.2.10.1. Market Revenue and Forecast, by System Design (2021-2034)
16.2.10.2. Market Revenue and Forecast, by Crop Type (2021-2034)
16.2.10.3. Market Revenue and Forecast, by Placement (2021-2034)
16.2.10.4. Market Revenue and Forecast, by Material Type (2021-2034)
16.2.10.5. Market Revenue and Forecast, by Cell Type (2021-2034)
16.2.10.6. Market Revenue and Forecast, by Crop Collaboration (2021-2034)
16.2.10.7. Market Revenue and Forecast, by Type of Agrivoltaic Plant (2021-2034)
16.2.10.8. Market Revenue and Forecast, by Type of Solar Panel (2021-2034)
16.2.10.9. Market Revenue and Forecast, by Power Output (2021-2034)
16.2.11. France
16.2.11.1. Market Revenue and Forecast, by System Design (2021-2034)
16.2.11.2. Market Revenue and Forecast, by Crop Type (2021-2034)
16.2.11.3. Market Revenue and Forecast, by Placement (2021-2034)
16.2.11.4. Market Revenue and Forecast, by Material Type (2021-2034)
16.2.11.5. Market Revenue and Forecast, by Cell Type (2021-2034)
16.2.11.6. Market Revenue and Forecast, by Crop Collaboration (2021-2034)
16.2.11.7. Market Revenue and Forecast, by Type of Agrivoltaic Plant (2021-2034)
16.2.11.8. Market Revenue and Forecast, by Type of Solar Panel (2021-2034)
16.2.11.9. Market Revenue and Forecast, by Power Output (2021-2034)
16.2.12. Rest of Europe
16.2.12.1. Market Revenue and Forecast, by System Design (2021-2034)
16.2.12.2. Market Revenue and Forecast, by Crop Type (2021-2034)
16.2.12.3. Market Revenue and Forecast, by Placement (2021-2034)
16.2.12.4. Market Revenue and Forecast, by Material Type (2021-2034)
16.2.12.5. Market Revenue and Forecast, by Cell Type (2021-2034)
16.2.12.6. Market Revenue and Forecast, by Crop Collaboration (2021-2034)
16.2.12.7. Market Revenue and Forecast, by Type of Agrivoltaic Plant (2021-2034)
16.2.12.8. Market Revenue and Forecast, by Type of Solar Panel (2021-2034)
16.2.12.9. Market Revenue and Forecast, by Power Output (2021-2034)
16.3. APAC
16.3.1. Market Revenue and Forecast, by System Design (2021-2034)
16.3.2. Market Revenue and Forecast, by Crop Type (2021-2034)
16.3.3. Market Revenue and Forecast, by Placement (2021-2034)
16.3.4. Market Revenue and Forecast, by Material Type (2021-2034)
16.3.5. Market Revenue and Forecast, by Cell Type (2021-2034)
16.3.6. Market Revenue and Forecast, by Crop Collaboration (2021-2034)
16.3.7. Market Revenue and Forecast, by Type of Agrivoltaic Plant (2021-2034)
16.3.8. Market Revenue and Forecast, by Type of Solar Panel (2021-2034)
16.3.9. Market Revenue and Forecast, by Power Output (2021-2034)
16.3.9. India
16.3.9.1. Market Revenue and Forecast, by System Design (2021-2034)
16.3.9.2. Market Revenue and Forecast, by Crop Type (2021-2034)
16.3.9.3. Market Revenue and Forecast, by Placement (2021-2034)
16.3.9.4. Market Revenue and Forecast, by Material Type (2021-2034)
16.3.9.5. Market Revenue and Forecast, by Cell Type (2021-2034)
16.3.9.6. Market Revenue and Forecast, by Crop Collaboration (2021-2034)
16.3.9.7. Market Revenue and Forecast, by Type of Agrivoltaic Plant (2021-2034)
16.3.9.8. Market Revenue and Forecast, by Type of Solar Panel (2021-2034)
16.3.9.9. Market Revenue and Forecast, by Power Output (2021-2034)
16.3.10. China
16.3.10.1. Market Revenue and Forecast, by System Design (2021-2034)
16.3.10.2. Market Revenue and Forecast, by Crop Type (2021-2034)
16.3.10.3. Market Revenue and Forecast, by Placement (2021-2034)
16.3.10.4. Market Revenue and Forecast, by Material Type (2021-2034)
16.3.10.5. Market Revenue and Forecast, by Cell Type (2021-2034)
16.3.10.6. Market Revenue and Forecast, by Crop Collaboration (2021-2034)
16.3.10.7. Market Revenue and Forecast, by Type of Agrivoltaic Plant (2021-2034)
16.3.10.8. Market Revenue and Forecast, by Type of Solar Panel (2021-2034)
16.3.10.9. Market Revenue and Forecast, by Power Output (2021-2034)
16.3.11. Japan
16.3.11.1. Market Revenue and Forecast, by System Design (2021-2034)
16.3.11.2. Market Revenue and Forecast, by Crop Type (2021-2034)
16.3.11.3. Market Revenue and Forecast, by Placement (2021-2034)
16.3.11.4. Market Revenue and Forecast, by Material Type (2021-2034)
16.3.11.5. Market Revenue and Forecast, by Cell Type (2021-2034)
16.3.11.6. Market Revenue and Forecast, by Crop Collaboration (2021-2034)
16.3.11.7. Market Revenue and Forecast, by Type of Agrivoltaic Plant (2021-2034)
16.3.11.8. Market Revenue and Forecast, by Type of Solar Panel (2021-2034)
16.3.11.9. Market Revenue and Forecast, by Power Output (2021-2034)
16.3.12. Rest of APAC
16.3.12.1. Market Revenue and Forecast, by System Design (2021-2034)
16.3.12.2. Market Revenue and Forecast, by Crop Type (2021-2034)
16.3.12.3. Market Revenue and Forecast, by Placement (2021-2034)
16.3.12.4. Market Revenue and Forecast, by Material Type (2021-2034)
16.3.12.5. Market Revenue and Forecast, by Cell Type (2021-2034)
16.3.12.6. Market Revenue and Forecast, by Crop Collaboration (2021-2034)
16.3.12.7. Market Revenue and Forecast, by Type of Agrivoltaic Plant (2021-2034)
16.3.12.8. Market Revenue and Forecast, by Type of Solar Panel (2021-2034)
16.3.12.9. Market Revenue and Forecast, by Power Output (2021-2034)
16.4. MEA
16.4.1. Market Revenue and Forecast, by System Design (2021-2034)
16.4.2. Market Revenue and Forecast, by Crop Type (2021-2034)
16.4.3. Market Revenue and Forecast, by Placement (2021-2034)
16.4.4. Market Revenue and Forecast, by Material Type (2021-2034)
16.4.5. Market Revenue and Forecast, by Cell Type (2021-2034)
16.4.6. Market Revenue and Forecast, by Crop Collaboration (2021-2034)
16.4.7. Market Revenue and Forecast, by Type of Agrivoltaic Plant (2021-2034)
16.4.8. Market Revenue and Forecast, by Type of Solar Panel (2021-2034)
16.4.9. Market Revenue and Forecast, by Power Output (2021-2034)
16.4.9. GCC
16.4.9.1. Market Revenue and Forecast, by System Design (2021-2034)
16.4.9.2. Market Revenue and Forecast, by Crop Type (2021-2034)
16.4.9.3. Market Revenue and Forecast, by Placement (2021-2034)
16.4.9.4. Market Revenue and Forecast, by Material Type (2021-2034)
16.4.9.5. Market Revenue and Forecast, by Cell Type (2021-2034)
16.4.9.6. Market Revenue and Forecast, by Crop Collaboration (2021-2034)
16.4.9.7. Market Revenue and Forecast, by Type of Agrivoltaic Plant (2021-2034)
16.4.9.8. Market Revenue and Forecast, by Type of Solar Panel (2021-2034)
16.4.9.9. Market Revenue and Forecast, by Power Output (2021-2034)
16.4.10. North Africa
16.4.10.1. Market Revenue and Forecast, by System Design (2021-2034)
16.4.10.2. Market Revenue and Forecast, by Crop Type (2021-2034)
16.4.10.3. Market Revenue and Forecast, by Placement (2021-2034)
16.4.10.4. Market Revenue and Forecast, by Material Type (2021-2034)
16.4.10.5. Market Revenue and Forecast, by Cell Type (2021-2034)
16.4.10.6. Market Revenue and Forecast, by Crop Collaboration (2021-2034)
16.4.10.7. Market Revenue and Forecast, by Type of Agrivoltaic Plant (2021-2034)
16.4.10.8. Market Revenue and Forecast, by Type of Solar Panel (2021-2034)
16.4.10.9. Market Revenue and Forecast, by Power Output (2021-2034)
16.4.11. South Africa
16.4.11.1. Market Revenue and Forecast, by System Design (2021-2034)
16.4.11.2. Market Revenue and Forecast, by Crop Type (2021-2034)
16.4.11.3. Market Revenue and Forecast, by Placement (2021-2034)
16.4.11.4. Market Revenue and Forecast, by Material Type (2021-2034)
16.4.11.5. Market Revenue and Forecast, by Cell Type (2021-2034)
16.4.11.6. Market Revenue and Forecast, by Crop Collaboration (2021-2034)
16.4.11.7. Market Revenue and Forecast, by Type of Agrivoltaic Plant (2021-2034)
16.4.11.8. Market Revenue and Forecast, by Type of Solar Panel (2021-2034)
16.4.11.9. Market Revenue and Forecast, by Power Output (2021-2034)
16.4.12. Rest of MEA
16.4.12.1. Market Revenue and Forecast, by System Design (2021-2034)
16.4.12.2. Market Revenue and Forecast, by Crop Type (2021-2034)
16.4.12.3. Market Revenue and Forecast, by Placement (2021-2034)
16.4.12.4. Market Revenue and Forecast, by Material Type (2021-2034)
16.4.12.5. Market Revenue and Forecast, by Cell Type (2021-2034)
16.4.12.6. Market Revenue and Forecast, by Crop Collaboration (2021-2034)
16.4.12.7. Market Revenue and Forecast, by Type of Agrivoltaic Plant (2021-2034)
16.4.12.8. Market Revenue and Forecast, by Type of Solar Panel (2021-2034)
16.4.12.9. Market Revenue and Forecast, by Power Output (2021-2034)
16.5. Latin America
16.5.1. Market Revenue and Forecast, by System Design (2021-2034)
16.5.2. Market Revenue and Forecast, by Crop Type (2021-2034)
16.5.3. Market Revenue and Forecast, by Placement (2021-2034)
16.5.4. Market Revenue and Forecast, by Material Type (2021-2034)
16.5.5. Market Revenue and Forecast, by Cell Type (2021-2034)
16.5.6. Market Revenue and Forecast, by Crop Collaboration (2021-2034)
16.5.7. Market Revenue and Forecast, by Type of Agrivoltaic Plant (2021-2034)
16.5.8. Market Revenue and Forecast, by Type of Solar Panel (2021-2034)
16.5.9. Market Revenue and Forecast, by Power Output (2021-2034)
16.5.9. Brazil
16.5.9.1. Market Revenue and Forecast, by System Design (2021-2034)
16.5.9.2. Market Revenue and Forecast, by Crop Type (2021-2034)
16.5.9.3. Market Revenue and Forecast, by Placement (2021-2034)
16.5.9.4. Market Revenue and Forecast, by Material Type (2021-2034)
16.5.9.5. Market Revenue and Forecast, by Cell Type (2021-2034)
16.5.9.6. Market Revenue and Forecast, by Crop Collaboration (2021-2034)
16.5.9.7. Market Revenue and Forecast, by Type of Agrivoltaic Plant (2021-2034)
16.5.9.8. Market Revenue and Forecast, by Type of Solar Panel (2021-2034)
16.5.9.9. Market Revenue and Forecast, by Power Output (2021-2034)
16.5.10. Rest of LATAM
16.5.10.1. Market Revenue and Forecast, by System Design (2021-2034)
16.5.10.2. Market Revenue and Forecast, by Crop Type (2021-2034)
16.5.10.3. Market Revenue and Forecast, by Placement (2021-2034)
16.5.10.4. Market Revenue and Forecast, by Material Type (2021-2034)
16.5.10.5. Market Revenue and Forecast, by Cell Type (2021-2034)
16.5.10.6. Market Revenue and Forecast, by Crop Collaboration (2021-2034)
16.5.10.7. Market Revenue and Forecast, by Type of Agrivoltaic Plant (2021-2034)
16.5.10.8. Market Revenue and Forecast, by Type of Solar Panel (2021-2034)
16.5.10.9. Market Revenue and Forecast, by Power Output (2021-2034)
17.1. Agrivoltaic Solution LLC
17.1.1. Company Overview
17.1.2. Product Offerings
17.1.3. Financial Performance
17.1.4. Recent Initiatives
17.2. Sun Agri
17.2.1. Company Overview
17.2.2. Product Offerings
17.2.3. Financial Performance
17.2.4. Recent Initiatives
17.3. REM TEC
17.3.1. Company Overview
17.3.2. Product Offerings
17.3.3. Financial Performance
17.3.4. Recent Initiatives
17.4. Enel Green Power
17.4.1. Company Overview
17.4.2. Product Offerings
17.4.3. Financial Performance
17.4.4. Recent Initiatives
17.5. Boralex
17.5.1. Company Overview
17.5.2. Product Offerings
17.5.3. Financial Performance
17.5.4. Recent Initiatives
17.6. BayWa AG
17.6.1. Company Overview
17.6.2. Product Offerings
17.6.3. Financial Performance
17.6.4. Recent Initiatives
17.7. TotalEnergies SE
17.7.1. Company Overview
17.7.2. Product Offerings
17.7.3. Financial Performance
17.7.4. Recent Initiatives
17.8. Mackin Energy
17.8.1. Company Overview
17.8.2. Product Offerings
17.8.3. Financial Performance
17.8.4. Recent Initiatives
17.9. Sunrise Power Solutions
17.9.1. Company Overview
17.9.2. Product Offerings
17.9.3. Financial Performance
17.9.4. Recent Initiatives
17.10. Suntech Power Holdings
17.10.1. Company Overview
17.10.2. Product Offerings
17.10.3. Financial Performance
17.10.4. Recent Initiatives
18.7. Primary Research
18.7. Secondary Research
18.7. Assumptions
19.1. About Us
19.2. Glossary of Terms
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