Agrivoltaics Market Outlook:
Agrivoltaics Market size was valued at USD 5.9 billion in 2025 and is set to exceed USD 14.23 billion by 2035, registering over 9.2% CAGR during the forecast period i.e., between 2026-2035. In the year 2026, the industry size of agrivoltaics is estimated at USD 6.39 billion.
The reason behind the growth is impelled by the growing agriculture industry across the globe. Agriculture is one of the world's largest and most important industries, which has made incredible progress driven by rapidly increasing demand for agricultural products owing to the growing world's population. According to estimates, the global agriculture market is expected to grow by over 5% between 2024-2028.
The growing installation of Agrivoltaics systems is believed to fuel the agrivoltaics market growth. Agri-PV systems are complex systems that include at least spatial systems, energy systems, and agricultural systems to optimize land's potential without harming the ecosystem. For instance, agricultural solar power systems will become increasingly important around the world in the coming years, with the total installed capacity expected to reach more than 8GW by 2030.