In recent years, the United States Agrivoltaics Market has emerged as a critical nexus of renewable energy and sustainable agriculture, marking significant gains in both industry size and business growth. Comprehensive market research and market analysis indicate robust market drivers—federal grant programs, technological innovations in PV modules, and rising demand for dual land use—while market challenges and market restraints, including zoning regulations and water competition, are constraining adoption. United States Agrivoltaics Market insights reveal a broad market scope across multiple market segments, each offering unique market opportunities. These evolving industry trends and market dynamics form the basis for strategic investment, and early movers have captured a significant industry share in major agricultural states, reinforcing the importance of forward-looking market forecast considerations.
Market size and Overview
The United States Agrivoltaics Market is estimated to be valued at USD 361.8 Mn in 2025 and is expected to reach USD 789.9 Mn by 2032, growing at a compound annual growth rate (CAGR) of 11.8% from 2025 to 2032.
This market size and market report underscores accelerating interest in agrivoltaic systems across major agricultural states. Rapid expansion in regions such as California and Texas, combined with aggressive policy support, has driven unprecedented market growth. Demand for enhanced land efficiency and stable market revenue streams continues to fuel business growth, positioning the United States Agrivoltaics Market for significant opportunities through the forecast period.
Key Takeaways
- Dominating Region: California leads the United States Agrivoltaics Market share in 2025, exemplified by a 15 MW Central Valley project integrating strawberry cultivation under single-axis trackers.- Fastest Growing Region: Texas registers the highest regional expansion, propelled by a USDA-funded 5 MW pilot in the Panhandle in early 2025.- Installation Type:• Dominant Sub-segment: Ground-mounted systems, highlighted by a 2024 Midwest agrivoltaic farm yielding 1.2 GWh annually.• Fastest-growing Sub-segment: Rooftop agrivoltaics at UC Davis research facilities, doubling installation capacity in 2025.- Panel Technology:• Dominant Sub-segment: Monofacial PV modules account for the largest market share according to 2024 deployment data.• Fastest-growing Sub-segment: Bifacial modules, as per National Renewable Energy Laboratory insights, delivered a 12% energy boost.- Application:• Dominant Sub-segment: Row crops, demonstrated by multiple 2024 pilot sites in Florida.• Fastest-growing Sub-segment: Vineyards, with Napa Valley trials expanding acreage in 2025, per the United States Agrivoltaics Market report.
Market Key Trends
One of the most transformative trends shaping the United States Agrivoltaics Market is the rapid adoption of bifacial photovoltaic modules, driven by performance gains and supportive policy mechanisms. According to the National Renewable Energy Laboratory’s 2024 assessment, bifacial panels deliver up to 12% higher energy output compared to monofacial counterparts while maintaining optimal crop photosynthesis beneath elevated arrays. Federal funding under the USDA’s REAP program, totaling USD 8 million in 2024, has incentivized over 20 pilot installations, unlocking significant market revenue potential and expanding market opportunities in arid regions. This singular focus on bifacial technology as a market driver addresses critical market challenges such as land-use efficiency and irrigation constraints, reducing water runoff by canopy shading.
By optimizing light distribution and enhancing dual land use, bifacial agrivoltaics platforms are projected to contribute more than USD 150 million in incremental market revenue by 2026. As agritech companies refine tracking systems and agronomic monitoring—leveraging IoT sensors—stakeholders are poised to exploit emerging market growth strategies. Stakeholder engagement in cross-sector partnerships further underscores evolving market dynamics and signals robust industry trends toward greater sustainability and profitability in the agrivoltaics space
Key Players
The agrivoltaics sector features diverse market players and market companies across key market segments.
- Enel Green Power S.p.A.
- Boralex
- Sunrise Power Solutions
- McIntosh Energy Japan Co., Ltd.
- SolarEdge Technologies
- NextEra Energy Resources
- First Solar
- EDF Renewables
- BayWa r.e.
- Solaria Corporation
- Trina Solar
- SunPower Corporation
- Canadian Solar
- JinkoSolar
- Clearway Energy Group
- Lightsource BP
Strategies and Recent Developments:
Enel Green Power entered into a 2025 partnership with a Californian farm cooperative, deploying a 20 MW agrivoltaic park that boosted both energy output and crop yield by 6%, reflecting innovative market growth strategies. Sunrise Power Solutions launched modular agrivoltaic racking systems in 2024, driving faster installations and aligning with United States Agrivoltaics Market trends toward modular scalability. SolarEdge integrated advanced power optimizers and real-time monitoring across 15 pilot sites in 2024, enhancing operational efficiency and reinforcing market revenue streams.
FAQs
1. Who are the dominant players in the United States Agrivoltaics Market?
Key market players include Enel Green Power S.p.A., Boralex, Sunrise Power Solutions, McIntosh Energy Japan Co., Ltd., and SolarEdge, along with leading renewables firms such as NextEra Energy, First Solar, and EDF Renewables, each focusing on PV-agriculture integration.
2. What will be the size of the United States Agrivoltaics Market in the coming years?
The market is projected to grow from USD 361.8 Million in 2025 to USD 789.9 Million by 2032, at a CAGR of 11% from 2025 to 2032, driven by federal incentives, technology improvements, and rising demand for dual land use.
3. Which end-user application has the largest growth opportunity?
Row crops represent the largest growth opportunity, supported by successful 2024 pilots in Florida and Midwest states. Vineyards are the fastest-growing sub-segment, with Napa Valley trials expanding acreage in 2025, as documented in recent market research.
4. How will market development trends evolve over the next five years?
Bifacial module adoption, precision-agriculture IoT integration, and expanded USDA and state funding under REAP and similar programs will dominate the trajectory, leading to enhanced energy yields, optimized land use, and diversified revenue streams.
5. What is the nature of the competitive landscape and challenges in the United States Agrivoltaics Market?
The landscape is highly fragmented with global and regional players competing on technology, scale, and partnerships. Key challenges include land-use regulations, water competition, and high initial capital expenditures, which continue to drive innovation in financing and system design.
6. What go-to-market strategies are commonly adopted in the United States Agrivoltaics Market?Typical strategies include partnerships with agricultural cooperatives, modular system offerings, integrated monitoring solutions, government grant leveraging, and pilot projects with research institutions to demonstrate performance and accelerate adoption.
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Author Bio:
Money Singh is a seasoned content writer with over four years of experience in the market research sector. Her expertise spans various industries, including food and beverages, biotechnology, chemical and materials, defense and aerospace, consumer goods, etc. (https://www.linkedin.com/in/money-singh-590844163)
