Solar Dryer Market Share

  • Report ID: 5439
  • Published Date: Dec 01, 2023
  • Report Format: PDF, PPT

Solar Dryer Market Share

APAC Market Forecast

The solar dryer market in the Asia Pacific region is projected to hold the largest revenue share of 38% by the end of 2036. The growing demand for high-quality agricultural exports is driving the adoption of solar-powered dryers in the Asia Pacific. The substantial 30% increase in demand reflects a global preference for premium-quality agricultural products. Solar-powered dryers, with their ability to produce consistently high-quality dried goods, position farmers and agribusinesses to meet this burgeoning demand and capitalize on opportunities in the international market. The focus on food security and the reduction of post-harvest losses is a compelling driver for the adoption of solar dryers in the Asia Pacific. Solar-powered dryers play a crucial role in achieving these goals, ensuring that harvested crops are preserved effectively for enhanced food security. The solar dryer market in the Asia Pacific region is flourishing, propelled by food security initiatives, and the increasing demand for high-quality agricultural exports.

North American Market Statistics

The solar dryer market in the North America region is projected to hold the second largest share during the forecast period. Government support is a cornerstone of the growth in the market in North America. Subsidies play a crucial role in reducing the financial barriers for farmers and agribusinesses, making solar-powered dryers economically attractive and accelerating their adoption across the region. In 2021, North American governments collectively allocated over USD 700 million in incentives and subsidies for renewable energy projects in agriculture, with solar-powered drying technologies receiving a significant share, according to a report by the North American Sustainable Agriculture Consortium. The emphasis on sustainable agriculture is a significant driver for the adoption of solar dryers in North America. Solar-powered drying technologies align seamlessly with this commitment to sustainability, positioning them as integral components of modern and eco-conscious farming practices. The solar dryer market in North America is thriving due to energy independence considerations, market demand for organic products, and corporate sustainability initiatives. As the region continues to prioritize environmentally conscious practices, the adoption of solar-powered drying technologies is poised to play a pivotal role in shaping the future of sustainable and efficient agriculture across North America.

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Author Credits:  Dhruv Bhatia


  • Report ID: 5439
  • Published Date: Dec 01, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Increasing demand for agricultural sector is the major factor driving the market growth.

The market size of solar dryer is anticipated to attain a CAGR of 5% over the forecast period, i.e., 2024-2036.

The major players in the market SunDry Solutions Inc., SolarHarvest Technologies LLC, AgriSolar Systems International, GreenEnergy Drying Solutions Corporation, SunCrop Innovations Ltd., SolarAgro Tech Ventures, and others.

The agribusinesses segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.

The market in the Asia Pacific region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.
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