Europe Agrivoltaic Market Forecast: USD 2,493.00 million Valuation by 2030
As per MarkNtel Advisors 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.
Europe Agrivoltaic Market Systems Market Analysis:
The demand for renewable energy has seen a rapid surge in Europe in recent years due to changing climatic conditions, high temperatures, etc. As a result, European countries like Germany, France, Belgium, Italy, and others have been investing heavily in agrivoltaic systems to sustain the demand for both agricultural land and clean energy.
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Europe Agrivoltaic Market Systems Market Segmentation:
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)
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)
- 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
Europe Agrivoltaic Market 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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Europe Agrivoltaic Market Drivers:
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.
Report Highlights Essential Insights for Strategic Decision-Making
- Detailed market size, share, and forecast analysis
• In-depth pricing trends and segment-wise cost evaluations
• Key industry strategies, including innovation, partnerships, and acquisitions
• Critical value chain analysis and stakeholder profiling
• Regional import-export market insights and trade flow assessment
• Thorough competitive benchmarking of top hearing aid manufacturers
• Identification of new growth opportunities and niche market segments
• Overview of market trends, drivers, and challenges shaping future demand
Some of the leading players in the Europe Agrivoltaic Market are:
- Enel Green Power
- Engie
- Sun Agri
- GreenYellow
- REM Tec
- Kilowattsol
- Trina Solar
- Altergie
- TDK Electronics
- SunEwat Business Description
- Akuo Energ Business Description
- Others (Next2Sun, Falick Renewables, etc.)
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Research Methodology Summary
A systematic approach is used to ensure accurate market insights, combining both bottom-up and top-down methods. Data triangulation validates findings from multiple angles.
Key Steps:
- Define objectives and research design
- Collect data through surveys and interviews
- Analyze and validate data using reliable tools
- Forecast trends and deliver actionable insights
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