Europe Agrivoltaic Market Forecast 2025-2030: Growth at 45% CAGR Expected
Europe Agrivoltaic Market Overview: 2025-2030
Base Year: 2024
Historical Years: 2020–23
Forecast Years: 2025-2030
The Europe Agrivoltaic Market size was valued at around USD 278.29 million in 2024 and is projected to reach USD 2,493.00 million by 2030. Along with this, the market is estimated to grow at a CAGR of around 45% during the forecast period 2025-30.
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Europe Agrivoltaic Market Dynamics: 2025-2030
Europe Agrivoltaic Market Driver:
Supportive Government Policies & Massive Investments for Solar Adoption– The rising government initiatives and investments by the countries in the region have supported the adoption of solar systems and have led to an increase in the europe agrivoltaic market. In addition, the member states of the European Union (EU) have taken various initiatives to enhance the share of renewable energy in electricity in Europe. The members of the EU, including France, the UK, Germany, etc., have implemented climate agreements, including the Paris Climate Agreement and the Green Deal, and have increased the consumption of clean energy for electricity and the minimum usage of water. Further, massive investments have also been announced for solar energy adoption and agrivoltaic systems, which in turn will lead to an increase in the europe agrivoltaic market size in the coming years.
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Europe Agrivoltaic Market (2025-30): Segmentation Outlook
The market report has segmented the market into the following categories:
By Placement
-Standalone- Market Size & Forecast 2020-2030F, Installed Capacity (MW)
-Shading Nets- Market Size & Forecast 2020-2030F, Installed Capacity (MW)
-Greenhouse- Market Size & Forecast 2020-2030F, Installed Capacity (MW)
-Others (Solar Fence, Solar Window, etc.) - Market Size & Forecast 2020-2030F, Installed Capacity (MW)
By Cell Type
-Monocrystalline- Market Size & Forecast 2020-2030F, Installed Capacity (MW)
-Polycrystalline- Market Size & Forecast 2020-2030F, Installed Capacity (MW)
By Crop Collaboration
-Vegetables- Market Size & Forecast 2020-2030F, Installed Capacity (MW)
-Fruit- Market Size & Forecast 2020-2030F, Installed Capacity (MW)
-Crop- Market Size & Forecast 2020-2030F, Installed Capacity (MW)
-Others (Herbs, etc.) - Market Size & Forecast 2020-2030F, Installed Capacity (MW)
The vegetable segment witnessed a significant share in the market during the historical period.
By Type of Solar Panel
-Opaque- Market Size & Forecast 2020-2030F, Installed Capacity (MW)
-Semi-Transparent- Market Size & Forecast 2020-2030F, Installed Capacity (MW)
-Transparent
By Power Output
-Upto 10 KWh- Market Size & Forecast 2020-2030F, Installed Capacity (MW)
-10.1 to 50 KWh- Market Size & Forecast 2020-2030F, Installed Capacity (MW)
-More Than 50 KWh- Market Size & Forecast 2020-2030F, Installed Capacity (MW)
By Country
-The UK
-France
-Germany
-The Netherlands
-Italy
-Spain
-Ireland
-Rest of the Europe.
The UK is anticipated to hold a significant share of the market in the upcoming years, owing to the implementation of supportive low-carbon emission regulations by the government in the country.
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Top Companies Operating in the Europe Agrivoltaic Market:
-Enel Green Power
-Engie
-Sun Agri
-GreenYellow
-REM Tec
-Kilowattsol
-Trina Solar
-Altergie
-TDK Electronics
-SunEwat Business Description
-Akuo Energ Business Description.
Industry Recent Development:
- In 2023, Vattenfall group, invested for the development of around 76 megawatt Tutzpatz agrivoltaic project in the approximately 95-hectare agricultural land.
- In 2023, Renantis launched third lending campaign for crowdfunding to support the construction of the La Manganizza agrivoltaic plant in Italy.
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