Solar Powered Agricultural Dryer Market Share

APAC Market Forecasts

The solar powered agricultural dryer market in the Asia Pacific region is expected to hold the largest revenue share of 33% by the end of 2036. There are several countries in the Asia Pacific with well-developed industrial economies, such as Japan, Australia, and New Zealand, many of whom have emerging or developing economies. Increasing awareness of the benefits of solar dryers, government initiatives to promote the use of renewable energy sources, and increased demand for organic farming practices are major factors driving demand across Asia's developing countries. Agriculture, which employs millions of people and contributes to food security and rural development, has a significant role to play in the region's economy. Drying agricultural products like grains, fruits, vegetables, herbs, and spices with solar dryers is an effective and environmentally sustainable solution. Market growth in Asia Pacific is driven by the widespread use of solar dryers in the agricultural sector.

European Market Statistics

The solar powered agricultural dryer market in the Europe region is expected to grow significantly by the end of the forecast period. Consumers in the region are increasingly concerned about the environmental impact of food production, and solar dryers offer a sustainable alternative to traditional fossil fuel-powered dryers. The European Union has set ambitious targets for reducing greenhouse gas emissions and many European governments are providing financial incentives for the adoption of renewable energy technologies comprising solar dryers. According to estimates, the EU economy's greenhouse gas emissions in the third quarter of 2023 were 787 million tonnes of CO2-equivalents, a 7.1% reduction from the same period in 2022.