Solar Dryer Market Size

Solar Dryer Market size is anticipated to reach USD 18 billion by the end of 2036, growing at a CAGR of 5% during the forecast period, i.e., 2024-2036. In the year 2023, the industry size of solar dryer was over USD 10 billion. In recent years, the global agricultural sector has witnessed a significant shift towards sustainable and eco-friendly practices, and the adoption of solar dryers stands out as a pivotal contributor to this transformative trend. The escalating awareness among farmers and stakeholders about the environmental impact of conventional drying methods, coupled with the pressing need for sustainable agricultural practices, has mainly fueled the demand for solar-powered drying solutions. According to a report, the global solar dryer sales were noted to be worth around USD 1.5 billion in the year 2020. This surge underscores the pivotal role of awareness in propelling the market forward, as more farmers recognize the economic and environmental advantages offered by solar-powered drying solutions.

Growing concerns about climate change and the need for sustainable agriculture practices have led to an increased interest in renewable energy solutions, including solar power. Ongoing technological advancements in solar drying technology, such as improved designs and energy storage solutions, may drive market growth. Various companies and organizations are involved in the development and promotion of solar-powered drying technologies. This includes both established players and startups focusing on renewable energy solutions for agriculture.